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VET Geared For New Highs As VeChain Readies Latest Innovations

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VeChain has seen a recent four-month rally, which only recently managed to die down. However, depending on the metrics you trust on the matter, a massive breakout event could happen, once more, which could see massive new highs for the currency.

VeChain Getting The Best Of Things

Of all the various cryptocurrencies the world has to offer thus far, VeChain stands as one that’s had a very good year of 2020. The pandemic may have caused a massive amount of chaos for the crypto industry at large, especially during Black Thursday, when March saw the crypto industry halve in value, Vechain stands a little apart. With its VeChainThor technology, currently being tested across an array of industries. There, the blockchain is providing solutions to real-world problems across the globe.

Even Bayer stands as one of the largest pharmaceutical companies the world has to offer, and has recently announced that it will implement VET into its supply chain management. In particular, the big pharma company will implement the traceability solution to create a more practice, cost-effective, and efficient supply chain management solution.

Bullish Signs All Round

As one would imagine, many eyes are now settling on VeChain Foundation, and its constant strive towards achieving wide-scale adoption of its technology. As the prices show, investors are showing extreme confidence in VET. The supply-chain management blockchain token has managed to go up by 214% since the start of 2020, with more room to grow being apparent.

As it stands now, the price action of VET has started to form a descending triangle these past few weeks. What this means, is a new horizontal trendline has started to form along the swing lows, with a descending trendline along the swing highs. Through some simple maths of measuring the distance between the technical formation’s highest points, adding that to the breakout point, an upside target has been set for 34%.

Crunching The Data

The TD sequential indicator, in turn, is suggesting that the price will stay relatively contained within this triangle for an extended period of time, before the eventual breakout. At VET’s  4-hour chart, the technical index presented a sell signal through a green nine candlestick. This bearish information can lead to a correction of one to up to four candlesticks, or start a new downward countdown instead.

Historically speaking, each time the TD setup presented a sell signal around a triangle’s hypothenuse, there was a definitive trend. Particularly, the prices retraced all the way back to the x-axis, bouncing back up after. Should history repeat itself, VET will see a drop down to $0.0155 before a rebound all the way to the overhead resistance. With any luck, a breakout will occur there.

Source: https://insidebitcoins.com/news/vet-geared-for-new-highs-as-vechain-readies-latest-innovations

Blockchain

US Survey: Only 1 in 4 Adults Know What Blockchain Is

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Conducted by LA-based digital media consulting company Vorhaus Advisors, the “Untapped Opportunities: Games, Virtual Goods, and Blockchain” survey found that only one out of four American adults have somewhat of an understanding of what blockchain is. 

The survey also revealed that almost two-thirds of the participants think blockchain is synonymous with digital currency, with 48% believing that “blockchain is the same as Bitcoin.” Only 25% have used blockchain products and services for American adults aged 18-34. The survey aimed “to assess the level of interest in blockchain-enabled features in games.”

The survey results show that even though there has been growing mainstream use of digital currencies, most Americans still have no basic understanding of blockchain technology, which is sad because the true power of Bitcoin lies in its blockchain.

Online Gaming and Blockchain Technology

As the coronavirus pandemic has made people stay in and work from their homes, the online gaming industry has grown tremendously, with 50 key global markets reporting an increase of 63% in the year 2020 alone. Due to lockdowns, digital downloads in France rose by more than 180% and digital sales increased by142.8% and 174.9% in Spain and Italy, respectively. Paytm Online gaming portal users also increased dramatically as Paytm First Games reported a growth of 200% and Gamerji 50%. 

In the same way, users are opting to use digital currencies for online gaming and Bitcoin is a popular choice. Furthermore, the Vorhaus Advisors survey found that 51% of gamers want to earn revenue from online gaming and 63% will play more games if they can profit from them. This can happen through the Bitcoin SV blockchain, which has its own BSV tokens that they can trade online. 

With the increase in users, online gaming is generating a massive amount of data, and the Bitcoin SV blockchain is well-equipped to handle large-scale data due to it having unleashed unbounded scalability. This means that Bitcoin SV is continuously scaling its blocks to accommodate higher volumes of data. And this is why more and more online gaming platforms are choosing to use Bitcoin SV for their blockchain needs. 

Blockchain technology continues to become known as a stable and innovative technology that many industries can use. Bitcoin SV has even conquered Dubai as it took center stage in what is known as the world’s most prestigious investment summit, where even members of royal families are present. The next Bitcoin SV conference will be held in Zurich, Switzerland this year. With these global summits and conferences, soon, the entire world will understand the power of blockchain technology.

Source: Platodata

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Tezos, Augur, Compound Price Analysis: 06 March

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Augur appeared to be in a short-term consolidation phase on the price charts. Tezos appeared to break out of its rectangle pattern, but the requisite volume was not yet available, while Compound‘s market bulls were able to effect a recovery over the past week t0 to trade at $496, at the time of writing.

Tezos [XTZ]

Tezos, Augur, Compound Price Analysis: 06 March

Source: XTZ/USD on TradingView

XTZ corrected strongly from its $5.8-ATH in mid-February. At that time, the $4.5-$4.75 zone had acted as an area of demand, but it has been flipped to an area of supply due to strong selling since.

The $3.18-level repulsed sellers multiple times as XTZ formed a rectangle bottom pattern, with recent hours seeing the price climb above the pattern’s upper boundary at $3.79. The RSI also climbed above 50 to show that momentum was swaying in favor of the market’s bulls.

Tezos’s trading volume had not yet validated this move, and XTZ still appeared to be in a short-term phase of consolidation. The $4 and $3.8-levels can be expected to act as resistance and support, and a drop back under $3.8 would likely see XTZ move towards $3.5.

Augur [REP]

Tezos, Augur, Compound Price Analysis: 06 March

Source: REP/USDT on TradingView

REP climbed above its 50-period EMA (yellow) and the Awesome Oscillator noted a faint move back above zero. However, this was not an indication of strong northbound momentum.

Over the past few days, the Bollinger Bands width indicator has been falling, with the price bouncing between $28 and $30.5. Over the same time period, any dips under the $28.8-support level have been bought up, showing that buyers are still present in force.

However, a move below the $28-zone would be a signal that bears are gaining strength.

Compound [COMP]

Tezos, Augur, Compound Price Analysis: 06 March

Source: COMP/USDT on TradingView

The Fibonacci retracement tool highlighted some levels of support for COMP based on its surge from $205 to $553 The 50% retracement level halted the strong selling pressure, and the 23.6% level at $438 was flipped to support recently as COMP posted some gains before a subsequent pullback.

The OBV did not note any sharp spike in selling volume as COMP dipped from the $500-mark to retest the $440-area as support. The MACD appeared on the verge of forming a bullish crossover once more, and COMP bulls would target the $500 and $540-levels over the next few days.


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Source: https://ambcrypto.com/tezos-augur-compound-price-analysis-06-march

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Grayscale Bitcoin Trust at its Highest Discount Ever Could Signal Price Rise to $100K

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The iMe Messenger and Crypto Wallet, developed by iMe Lab, is a five-star multi-functional client powered by Telegram API. Telegram is a privacy-focused messenger and one of the world’s largest applications.

Leveraging Telegram APIs

This means the platform incorporates some of the critical features of Telegram and aspects of decentralized finance (DeFi), essentially becoming a Telegram client with crypto wallet support. 

Aiming to revolutionize messaging, the iMe Messenger also has integrated tools and leverages artificial intelligence and blockchain. 

Combining all these features and integration makes the iMe Messenger and Crypto Wallet multi-functional, fast, powerful, and private. 

All user data are secured in a multi-cloud, ensuring privacy is protected–an impeachable human right.

iMe Messenger Features

The iMe Messenger is designed to work for chats. 

Accordingly, the client has specific topics and chats folders complete with advanced settings for tabs and folders. 

This, in turn, introduces unparalleled levels of flexibility, allowing the end-user to sort and archive chats. At the same time, users can listen to music from the app’s music player while chatting from the same device.

For easy client onboarding, the iMe Messenger has specifically designed the front end and the user interface to be easy to use, regardless of a user’s tech-savviness. 

For instance, the messenger boasts a side menu setting, and users can filter contacts. There is also a multi-panel in chats. 

At the same time, they can disable the bottom bar in their respective channels. All iMe Messenger settings can also be backed up in the cloud. It is convenient, especially for users who may want to change devices but keen not to lose previous settings.

The messenger goes a notch higher for differentiation, especially in the array of tools it avails to users. Once installed and chatting, a user can multi-forward chats. Concurrently, they can also multi-reply in groups. 

Users chatting in multilingual groups/channels can also auto-translate incoming and outgoing messages. Additionally, users can convert voice messages into text, extract text from images, and make descriptions of images. 

Those in the move or busy not to reply can activate neurobots-assistants that can step in and offer quick replies in phrases and GIFs. 

The iMe Messenger Crypto Wallet is also multi-currency and forms a critical part of the iMe Smart Platform. Their merger of exciting features of Telegram and support of cryptocurrency—and by extension DeFi, makes iMe one of the most advanced messenger applications. 

iMe Messenger has been downloaded over 634k times. The application has over 93k active users, of whom most use Android devices.

Cryptocurrency Support and DeFi

The application is also a cryptocurrency wallet supporting some of the leading coins and DeFi tokens. Top of the list is ETH and USDT. Ether (ETH) is the native currency of the Ethereum network that’s now the home of DeFi. 

According to trackers, there are over $40 billion of digital assets managed by Ethereum-based DeFi protocols. The USDT token is an enabler, allowing users to interact with the various DeFi dApps. 

Already, iMe Messenger has integrated Uniswap. The DeFi protocol is the largest decentralized exchange globally, allowing the trustless exchange of tokens through incentivized pools where liquidity providers (LPs) earn rewards. 

Beyond DeFi tokens, iMe Messenger enables secure storage of LIME and OLCF. Through the platform, users can safely store, trade, and transfer these coins within chats. The platform also has its native currency, AiCoin. It enables in-app monetization and acts as a means of calculation.

For faster and seamless entry into crypto, iMe Messenger has partnered with Simplex. Users can purchase supported cryptocurrencies using their credit cards. This helps in driving adoption and improving awareness of cryptocurrencies. 

Simplex is a regulated financial institution that allows users to deploy a range of channels as payment options. 

To further enhance the user experience, especially those actively involved in DeFi, the iMe Messenger has integrated with the Binance Smart Chain (BSC). 

The smart contracting platform fronted by Binance is compatible with the Ethereum Virtual Machine (EVM), and transacting via the network is relatively cheap and faster since the platform is scalable. 

Telegramhttps://t.me/ime_en

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Source: https://btcmanager.com/ime-messenger-crypto-wallet-review-secure-low-fee-defi/

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Source: https://coingenius.news/grayscale-bitcoin-trust-at-its-highest-discount-ever-could-signal-price-rise-to-100k/?utm_source=rss&utm_medium=rss&utm_campaign=grayscale-bitcoin-trust-at-its-highest-discount-ever-could-signal-price-rise-to-100k

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iMe Messenger and Crypto Wallet Review: Designed for Secure Chats and Low-Fee DeFi

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The iMe Messenger and Crypto Wallet, developed by iMe Lab, is a five-star multi-functional client powered by Telegram API. Telegram is a privacy-focused messenger and one of the world’s largest applications.

Leveraging Telegram APIs

This means the platform incorporates some of the critical features of Telegram and aspects of decentralized finance (DeFi), essentially becoming a Telegram client with crypto wallet support. 

Aiming to revolutionize messaging, the iMe Messenger also has integrated tools and leverages artificial intelligence and blockchain. 

Combining all these features and integration makes the iMe Messenger and Crypto Wallet multi-functional, fast, powerful, and private. 

All user data are secured in a multi-cloud, ensuring privacy is protected–an impeachable human right.

iMe Messenger Features

The iMe Messenger is designed to work for chats. 

Accordingly, the client has specific topics and chats folders complete with advanced settings for tabs and folders. 

This, in turn, introduces unparalleled levels of flexibility, allowing the end-user to sort and archive chats. At the same time, users can listen to music from the app’s music player while chatting from the same device.

For easy client onboarding, the iMe Messenger has specifically designed the front end and the user interface to be easy to use, regardless of a user’s tech-savviness. 

For instance, the messenger boasts a side menu setting, and users can filter contacts. There is also a multi-panel in chats. 

At the same time, they can disable the bottom bar in their respective channels. All iMe Messenger settings can also be backed up in the cloud. It is convenient, especially for users who may want to change devices but keen not to lose previous settings.

The messenger goes a notch higher for differentiation, especially in the array of tools it avails to users. Once installed and chatting, a user can multi-forward chats. Concurrently, they can also multi-reply in groups. 

Users chatting in multilingual groups/channels can also auto-translate incoming and outgoing messages. Additionally, users can convert voice messages into text, extract text from images, and make descriptions of images. 

Those in the move or busy not to reply can activate neurobots-assistants that can step in and offer quick replies in phrases and GIFs. 

The iMe Messenger Crypto Wallet is also multi-currency and forms a critical part of the iMe Smart Platform. Their merger of exciting features of Telegram and support of cryptocurrency—and by extension DeFi, makes iMe one of the most advanced messenger applications. 

iMe Messenger has been downloaded over 634k times. The application has over 93k active users, of whom most use Android devices.

Cryptocurrency Support and DeFi

The application is also a cryptocurrency wallet supporting some of the leading coins and DeFi tokens. Top of the list is ETH and USDT. Ether (ETH) is the native currency of the Ethereum network that’s now the home of DeFi. 

According to trackers, there are over $40 billion of digital assets managed by Ethereum-based DeFi protocols. The USDT token is an enabler, allowing users to interact with the various DeFi dApps. 

Already, iMe Messenger has integrated Uniswap. The DeFi protocol is the largest decentralized exchange globally, allowing the trustless exchange of tokens through incentivized pools where liquidity providers (LPs) earn rewards. 

Beyond DeFi tokens, iMe Messenger enables secure storage of LIME and OLCF. Through the platform, users can safely store, trade, and transfer these coins within chats. The platform also has its native currency, AiCoin. It enables in-app monetization and acts as a means of calculation.

For faster and seamless entry into crypto, iMe Messenger has partnered with Simplex. Users can purchase supported cryptocurrencies using their credit cards. This helps in driving adoption and improving awareness of cryptocurrencies. 

Simplex is a regulated financial institution that allows users to deploy a range of channels as payment options. 

To further enhance the user experience, especially those actively involved in DeFi, the iMe Messenger has integrated with the Binance Smart Chain (BSC). 

The smart contracting platform fronted by Binance is compatible with the Ethereum Virtual Machine (EVM), and transacting via the network is relatively cheap and faster since the platform is scalable. 

Telegramhttps://t.me/ime_en

Like BTCMANAGER? Send us a tip!

Our Bitcoin Address: 3AbQrAyRsdM5NX5BQh8qWYePEpGjCYLCy4

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Source: https://btcmanager.com/ime-messenger-crypto-wallet-review-secure-low-fee-defi/

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Trade with the Official CFD Partners of AC Milan
The Easiest Way to Way To Trade Crypto.
Source: https://coingenius.news/ime-messenger-and-crypto-wallet-review-designed-for-secure-chats-and-low-fee-defi/?utm_source=rss&utm_medium=rss&utm_campaign=ime-messenger-and-crypto-wallet-review-designed-for-secure-chats-and-low-fee-defi

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