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Here Are the Top Four Altcoins To Own This Month, According to Crypto Analyst Michaël van de Poppe

Prominent crypto strategist and trader Michaël van de Poppe is keeping a close watch on four altcoins this month that he says are on the verge of huge breakouts. In a new video, Van de Poppe tells his 107,000 YouTube subscribers that number one on his list is decentralized finance (DeFi) yield aggregator DFI.money (YFII). […]

The post Here Are the Top Four Altcoins To Own This Month, According to Crypto Analyst Michaël van de Poppe appeared first on The Daily Hodl.

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Prominent crypto strategist and trader Michaël van de Poppe is keeping a close watch on four altcoins this month that he says are on the verge of huge breakouts.

In a new video, Van de Poppe tells his 107,000 YouTube subscribers that number one on his list is decentralized finance (DeFi) yield aggregator DFI.money (YFII).

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According to the crypto trader, YFII is likely to ignite a breakout in its Bitcoin pair (YFII/BTC) as it threatens to take out its immediate resistance.

“[The] crucial breaker that we are facing is the resistance zone over here (0.063). This one has been tested several times and couldn’t break yet. But given the amount of tests that we have been seeing here which is going to be the fourth one right now, it is very likely that we’re going to break through it in one go. And then, a new impulse wave can start.”

Van de Poppe highlights that a break above 0.063 may take YFII/BTC to as high as 0.099, marking a potential surge of 62% from its current price of 0.061.

Next up is smart contract platform TomoChain against Bitcoin (TOMO/BTC), which the crypto analyst says could see significant gains after a breakout.

“If it holds this block (0.000043) or starts to hold the 100-day [and] 200-day MA (moving averages), a flip and continuation is likely. Given the fact that TOMO has been testing those resistance levels (0.000051) many times now, the next test is granting us a breakout in general. Therefore, the next target zone is the area around 7,500 satoshis (0.000075).”

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Another coin on the trader’s radar is decentralized cross-chain money market Kava.io (KAVA). According to Van de Poppe, KAVA/BTC is gearing up for a strong breakout as it approaches a key resistance area.

“I think we’re continuing towards the resistance zone (0.000144), flip the level around 0.000122 and then the next rally towards 23,000 satoshis (0.00023) and a new impulse wave is most likely going to happen.”

The last altcoin on the crypto strategist’s list is Algorand, a cryptocurrency for payments and a blockchain for decentralized finance applications. Van de Poppe says ALGO/BTC must hold its immediate support for a shot at launching a 69% rally.

“If Algorand sustains support above 2,300 satoshis (0.000023) and breaks through the resistance at 3,000 satoshis (0.00003), I think we can continue the momentum in general on this one, and we can start targeting the resistance zone at 3,900 satoshis (0.000039).”

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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

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Source: https://dailyhodl.com/2021/07/05/here-are-the-top-four-altcoins-to-own-this-month-according-to-crypto-analyst-michael-van-de-poppe/

Blockchain

World’s Top Universities Look to Scale a Certified Blockchain Workforce

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Are the next generation of business leaders familiar with the world of Blockchain technology and the many real world applications it offers? From dAPPs to DeFi to dAPPs unique applications of blockchain technology are growing at an exponential rate.

The issue for Higher Education will be the pace at which the DeFi industry moves. Universities and colleges that are able to build flexible curriculums, easily adapted to accommodate new advances in decentralised technology, will win in the minds of the students who need to embrace these skills for the future. Investing in the future of Higher Education by issuing Blockchain certifications is one way to ensure that students are involved and informed when it comes to the future of the industry.

There are some obvious topics for study around governance, supply chain and business models that adopt blockchain technology solutions into current processes. Furthermore, there is room to examine and learn from use cases for blockchain, like provenance, traceability and payments. Also, researching the future of blockchain integrations with other technologies is a sure topic for a dissertation. 

Ryan Williams, Executive Director of the Blockchain Academy explains why adoption of blockchain specific training within higher education is essential: “We are seeing a growing demand for the courses and truly believe that blockchain ed will play an important role in developing the skills of the future workforce.

“As with everything in life, the more one knows about a subject matter, the less threatening and more exciting it is. Education is a key tool in driving the future of Blockchain technology,” says Ryan.  

Universities that recognise the potential of blockchain technology and adopt the best approaches to embedding vetted course material will be best positioned to prepare students for the future of work. The Kautz-Uible Economics Institute at the University of Cincinnati teaches students how to successfully navigate this new world of monetary innovation by explaining how incentives, regulation, and market competition influence cryptocurrencies’ future trajectory.

“Student interest in blockchain technologies and cryptocurrencies has grown leaps and bounds in just the last few years. I am excited to teach cryptocurrencies because they lie at the intersection of economics, computer science, and mathematics. Through a partnership with The Blockchain Academy, students at the University of Cincinnati will learn fundamental and technical analysis of cryptocurrency portfolios,” says Michael Jones, Ph.D. Academic Director, MS in Applied Economics, University of Cincinnati.

The Blockchain Academy has already partnered with over 16 prestigious Universities and institutions across the world, including the University of Cincinnati, Oklahoma State University, University of Alberta, University of California Santa Barbara and Rutgers University. The training offered covers a wide array of students across multiple disciplines, including: economics, business and technology. Future leaders and business executives will need to be familiar with blockchain and how it applies to different sectors of our economy. From blockchain foundations to enterprise blockchain solutions to crypto trading, the range of courses will provide a thorough understanding of the blockchain landscape.  

The supply needs to be met to match the current demand. Students are interested, blockchain organisations need a skilled workforce and colleges need a broad range of qualified instructors to guide students in the world of blockchain ecosystems. 

his is much more than getting a degree in Software Engineering or Business Studies, it is a combination of all of the training necessary to enter into the Blockchain Industry at many different levels.  Although decentralisation has been a driving force behind blockchain adoption, mainstream users, celebrities and countries are getting involved in the future of how this technology is used. 

NFTs alone are a thriving source of further study and research projects. Sales volumes recorded on the largest NFT trading platform, OpenSea, hit $1.9 billion so far this month. DappRadar recorded 32 known NFT sales above $1 million in the past 30 days. These transactions are not only enormous but also show that the world of NFTs is expanding and the volume of crypto being exchanged will provide stimulus for further investment. 

It is well reported that historically Universities have played a vital role in getting new industries off the ground. However, the world of decentralised finance is somewhat sceptical of traditional institutions and vice versa. This means that the eagerly awaiting learner resorts to community led learning or self-education through the many online platforms. With this approach however, the student is often left overwhelmed, without credentials and without the motivation often needed to complete a course. 

Blockchain startups have already begun to emerge from Universities that are leading the way in terms of education in this arena. Algorand from MIT and Ava Labs from Cornell are just two notable mentions. 

CoinDesk ranked the top 20 Universities for Blockchain in 2020, it found that 14 of the top 20 schools are private. Not surprisingly, MIT had the most blockchain publications between 2018 – 2020. Harvard has the highest number of student placings in the blockchain industry overall. Cornell offered the most blockchain courses of all the top 20. Interestingly, of all the top 46 schools surveyed, 33 had dedicated blockchain courses and 40 (87%) had a blockchain club. This demonstrates a clear interest in the subject matter as an area of study. 

Read more about this study here

If we are to better understand the applications of blockchain technology and how it may be aligned with the future of work we must familiarise ourselves with the many types of chains in existence and how they are currently being used. 

About The Blockchain Academy

The Blockchain Academy partners with universities to prepare participants for high-growth careers in the blockchain industry.  To bring structure and growth to the blockchain workforce The Blockchain Academy develops a robust curriculum and provides instructional support services towards achieving mico-credentials and certifications that employers and project managers can trust. Knowledge transfer on EOS, Corda, Hyperledger Fabric, Ethereum, Hashgraph, Algorand, Polkadot, Solana, architecture, security, business Strategy, and industry specific impacts, such as Finance (De-Fi), Accounting and Supply Chain. 

Source:Plato Data Intelligence

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Blockchain

Bybit Launches $BIT Token Listing

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On Friday, Singapore-based cryptocurrency exchange Bybit announced its first token, called “$BIT”, on its Bybit Launchpad platform.

Bybit’s listing of BIT will include the launching rewards and free giveaways for participants. Bybit said the Launchpad is open to its users who have completed know-your-client (KYC) L1, ensuring compliance fulfilling local regulatory requirements.

The crypto exchange said the Launchpad is designed to help connect innovative crypto projects and users who may be interested in gaining exposure to promising projects while protecting users and projects alike.

“We at Bybit are constantly inspired and amazed by the intrepid and imaginative experimentation in the crypto space and the talented and committed folks working for a better future of finance,” said Ben Zhou, co-founder and CEO of Bybit.

According to the statement, BIT is the native token of BitDAO, one of the world’s largest Decentralized Autonomous Organizations (DAOs) that aims to allocate massive financial and talent resources to support DeFi growth.

Bybit is an initial proponent of BitDAO and has pledged to contribute 2.5bps of futures trading volume to BitDAO’s treasury. The contribution, at 2021 rates, is projected to exceed $1 billion per year. The BitDAO treasury balance stands at more than $540 million as of Sept. 16.

The crypto exchange was founded in 2018, providing online spot and derivatives trading services, cloud and DeFi mining products, as well as API support to institutional and retail clients, according to their official website.

Bybit is actively expanding its business to different sectors. Last month, the crypto exchange platform has reached a three-year cooperation agreement with e-sports organisation Astralis by displaying its logo for exposure, in the hope that to expand the connection of cryptocurrency in the e-sports industry.

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Source: https://Blockchain.News/news/bybit-launches-bit-token-listing

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Blockchain

Scout Gaming enters US Market with Social Sportsbook Deal

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Leading provider of B2B daily fantasy sports, sportsbook and fantasy sports betting products has partnered with the Masters Cup Series.

We are thrilled to be officially entering the US market for the first time and to also unveil another addition to the Scout product line that will be launching with the Masters Cup Series.”

— Andreas Ternström, Chief Executive Officer at Scout Gaming

LAS VEGAS, NV, USA, September 16, 2021 Plato Data Intelligence – Scout Gaming, the leading provider of B2B daily fantasy sports, sportsbook and fantasy betting products, has made its debut in the US market after signing a deal with new sports league, the Masters Cup Series.

The five-year deal will see the Masters Cup Series leverage Scout Gaming’s Social Sportsbook Platform, a new product that has been developed specifically for the US market and aimed at online and retail operators as well as sports venues and franchises.

Scout Gaming’s Social Sportsbook Platform allows Master Cup Series to tap into the fast-growing sports wagering segment by offering a fun and low barrier of entry, next-generation ‘sports betting-like’ experience without the involvement of real money wagering. Through the combination of its proprietary Player Account Management system, award-winning B2B Daily Fantasy Sports solution and new Social Sportsbook, Scout Gaming offers US operators and franchises an end-to-end managed sports entertainment product.

The Masters Cup tour is a new sporting event spearheaded by industry legend and Hall of Fame pro billiard player, Rodney “Rocket” Morris. The event will comprise of eight professional players who will compete in weekly MCS Tour Stop events. Players will accumulate points each week, based on performance, to determine their playoff position, weekly winner, and overall Masters Cup Champion.

The event will be nationally televised and offer both on-screen real-time wagering like gameplay as well as next generation stats. In addition to Scouts standard games, fans will also be able to experience play on events directly tied to and developed in collaboration with the Masters Cup Series.

The partnership with Scout will allow the sports franchise to provide a way for fans and viewers to engage with sports game play action 24 hours a day, seven days a week, while also generating significant revenue for the series.

Andreas Ternström, Chief Executive Officer at Scout Gaming, said: “We are thrilled to be officially entering the US market for the first time and to also unveil another addition to the Scout product line that will be launching with the Masters Cup Series.

“We’ve noticed a gap in the market that we can fill and we’re hoping to unveil similar partnerships in the months and quarters to come.”

Rodney “Rocket” Morris, Chief Executive Officer at Masters Cup Series, said “I’m excited to have joined forces with Scout Gaming and feel honoured to be the first partner for the company in the USA. Its Social Sportsbook is an incredible product that will bring tremendous value to the series.

As the US business development partner for Scout Gaming Group, Stephen Crystal, CEO and Founder of SCCG Management said of the event, “We are proud of the success this team has realized throughout this process. The biggest winners will be the fans who get to experience highly engaging and competitive interaction through the real-time gameplay powered by the Scout Gaming platform. SCCG has been driving strategies to bring social sports betting to restaurants, bars, and arenas, and this is the first execution on this plan.”

About Scout Gaming
Scout Gaming Group is a multiple award-winning licensed and regulated premium provider of B2B Fantasy Sports & Sportsbetting. The company offers a flexible and customizable sports entertainment platform with the core pillar being the network-based Fantasy Sports solution (SGN) and a fully-managed Sportsbook capable of being tailored to market needs, whether real money Fantasy Sports, odds-based sports wagering or Free2Play. Technology and operations are 100% proprietary, having developed from the ground up and operated in-house, – allowing for virtually any sport, league, or game format to be offered. The company has achieved several industry-first’s such as the world’s largest globally pooled DFS network (SGN), Fantasy Matchups, Bet-on-my-team, Player Odds and the world’s first natively integrated DFS and Sportsbook solution – all via one single integration. The Group has 100+ employees and is headquartered in Stockholm, Sweden with development and operations in Bergen, Norway, and Lviv, Ukraine and Malta. Scout Gaming is listed on the Nasdaq First North Growth Market and the Certified Adviser is Redeye AB. Contact details: Certifiedadviser@redeye.se, +46 (0)8 121 576 90.

About Masters Cup Series (MCS)
The Masters Cup Series (MCS) is a billiards tour with a revolutionary new scoring system, created by Hall-of-Famer Rodney “Rocket” Morris. The executive team, based in Oklahoma, has stellar reputations within and access to the entire billiard industry. Not only will the new scoring system inject excitement into the game, it will also open the game up to thousands more players and solve decades long issues for the community. MCS will be televised and streamed and utilize AR/VR experiences as well as licensed gaming, gambling and fantasy sports to create a continuous engagement loop with its customers. MCS has partnered with 21 Lakes Productions and GhostDawg Consulting for ideation and execution within the broadcast and gaming areas, respectively.

About SCCG Management
SCCG Management is a consultancy that specializes in sports betting, iGaming, sports marketing, affiliate marketing, technology, intellectual property protection, product commercialization, esports, capital formation, M&A, joint ventures, casino management, and governmental and legal affairs for the casino and iGaming industry. Visit us at https://sccgmanagement.com.

Contact

Stephen A. Crystal
SCCG Management
+1 702-427-9354
stephen.crystal@sccgmanagement.com
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Blockchain

Avalanche Received $230M Funding with its Token AVAX Hitting a Record High of $68.89

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On September 16, the Avalanche Foundation received a $230 million investment from a group led by Polychain and Three Arrows Capital. The price of Avalanche‘s token AVAX soared to a record high of $68.89 today.

Through the private sale of AVAX cryptocurrency, R/Crypto Fund, Dragonfly, CMS Holdings, Collab+Currency, Lvna Capital, and a group of angel investors and family offices participated in the $230 million financings led by Polychain and Three Arrows Capital.

Avalanche stated that the Bauhinia obtained this time will accelerate the expansion with the rapid growth of decentralised finance or DeFi, enterprise applications, and enterprise applications on the Avalanche public blockchain.

The director from Avalanche Foundation stated that Avalanche continues to develop the community to cash out its competitiveness, and still has great potential to be tapped at the intersection of institutions and decentralised finance, and said that:

“Avalanche has quickly turned promise and potential into real-world impact and value creation for DeFi users and developers.”

Avalanche network is compatible with Ethereum cross-chain. Smart contracts initially operated on the Ethereum network can be migrated to the Avalanche ecosystem to enjoy higher throughput and low-cost transactions with higher gas fees than the Ethereum (ETH) chain.

According to the project’s website, the first layer protocol can exceed 4,500 transactions per second (TPS), and the finalised time is less than 2 seconds.

According to Coinmarketcap, AVAX has risen 52.08% in the past week and is currently ranked as the 13th largest cryptocurrency by market cap with a market cap of $14,128,365,250.

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Source: https://Blockchain.News/news/avalanche-received-230m-funding-its-token-avax-hitting-a-record-high-68.89

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