You may remember Gora started off as Algoracle, before rebranding to Goracle in May 2022. The new name — Goracle — reduced confusion with Algorand, was easier to pronounce, and clearly identified what we did — an oracle service.
With the network now on mainnet, thousands of participants in the community, and enough history to see the thousands of interactions various communities had with our brand, its time to take another major step forward in our journey and have our name reflect the essence of what we do.
Why Gora?
In Sanskrit, “Gora” means “mountain” or “elevated.” We chose this name as it symbolizes the strength, stability, and solidity of our platform, while retaining the core of what people have come to know us as.
More than just an Oracle
The Gora network is a more than just a traditional Oracle. Decentralized applications can use the network to run off-chain computations, or store larger amounts of data. Data that is retrieved, like megabytes worth of sports data, can be transformed and stored, before committing only the required data on chain. This allows for applications currently using web2 back-ends to truly decentralize, and eliminate the need for infrastructure that makes up for the shortcomings of traditional layer-1/2s.
Further Differentiation
The old name, Goracle, was a great step forward from Algoracle in helping us stand out on our own. But the name Goracle (often mispronounced G-Oracle), was ultimately too generic, lacking specificity in the overall Blockhain oracle sector. We wanted a name that would not just be memorable, but also stand out in the Blockchain Oracle sector.
A New Chapter, Same Commitment
Though our name has changed, our dedication to advancing the state-of-the-art in oracle technology remains. We are proud to be able to play a role in the future of bridging the gap between real-world data and blockchain networks, enabling developers to create cutting-edge dApps with accurate, real-time external data feeds.
The $GORA Token: Where Identity and Utility Align
As we embrace the name, Gora, we also celebrate the seamless alignment between our new identity and the $GORA token. The $GORA token powers our decentralized oracle network, serving as the lifeblood that fuels secure and reliable data feeds for smart contracts. The connection between “Gora” and “GORA” token showcases the harmony between our vision and the practicality of our ecosystem.
We believe that a cohesive identity, encompassing both name and token, strengthens our position as a transformative force in the blockchain world.
Embracing Innovation, Embracing Community
Our journey has been shaped by the incredible support and enthusiasm of the blockchain community. The Gora Network is powered by a diverse and global community of developers, validators, influencers, partners, and enthusiasts. We are immensely grateful for the dedication and passion of our community members, whose contributions have been instrumental in making Gora what it is today. We extend our heartfelt thanks for being part of this journey.
As we embark on this new chapter, we reiterate our commitment to fostering a collaborative and inclusive ecosystem.
Looking Ahead: A Bright Future for Gora
The rebranding to Gora marks an exciting chapter in our journey. As we look ahead, we have ambitious plans to continue evolving, expanding, and innovating. Our dedication to creating a secure, decentralized, and scalable oracle network will remain at the heart of all our endeavors.
With upcoming growth in product offerings, expansions to different ecosystems and collaborations with prominent projects, we are confident that Gora will play a pivotal role in shaping the future of the blockchain industry.
The rebranding process will be a well-thought-out and gradual journey, ensuring a seamless transition for our users and partners.
We now begin the process of integrating our new brand identity across our website, social media platforms, and communication channels in a process to ensure a seamless update from “Goracle” to “Gora” by phasing out the old branding elements and embracing the new identity.
Welcome to Gora, where the future of decentralized oracle solutions is limitless!
About Gora
Gora is a decentralized oracle network that links the Blockchain to the physical world. For more information about Gora, visit our Linktree.
In an era where blockchain technology and cryptocurrencies are revolutionizing the world of digital finance, interoperability has emerged as a vital catalyst for seamless transactions across diverse blockchain ecosystems. At DPEX, our unwavering commitment to innovation, transparency, and user-centric solutions drives us forward. With great excitement, we announce the integration of deBridge, an exceptional cross-chain interoperability solution, into our platform. This represents a significant milestone in our pursuit of excellence.
Introducing deBridge: The Definitive Solution for High Performance Interoperability
deBridge is a groundbreaking interoperability solution that facilitates effortless asset transfers across a wide range of both Ethereum Virtual Machine (EVM) compatible chains and diverse non-EVM blockchain ecosystems. With deBridge, the previously intricate hurdles posed by heterogeneous blockchains become a mere stroll in the serene park, empowering users to fully embrace the vast horizons of decentralized finance (DeFi).
Reasons for Selecting deBridge and DLN API
Our decision to integrate deBridge was driven by three core tenets: Unbeatable Speed, Competitive Rates, and Endless Liquidity.
Unbeatable Speed: DLN API stands out with its impressive transaction speeds. Through this integration, users can effortlessly move assets across chains, natively, in record time, greatly enhancing the overall user experience on DPEX.
Competitive Rates: deBridge’s DLN API offers the most competitive rates in the market, ensuring that users receive the utmost value from their transactions. Furthermore, by avoiding liquidity pools, DLN’s sophisticated algorithms protect users from potential price slippage and Miner Extractable Value (MEV), maximizing transaction value.
Endless Liquidity: With DLN API, the limitations of liquidity are a thing of the past. deBridge unlocks access to boundless liquidity, enabling users to execute transactions of any size without concerns about market depth or liquidity constraints.
Ensuring Security and Trust
Trust is a crucial component in the DeFi landscape. deBridge understands this importance and therefore subjects its infrastructure to thorough audits by respected cybersecurity firms such as Zokyo, Halborn, Ackee Blockchain, and Neodyme. These audits are particularly significant since DPEX, the platform itself, undergoes scrutiny from Zokyo and CertiK. Through this meticulous audit process,deBridge ensures the security and reliability of its interoperability solution.
In addition, deBridge has embraced the Immunefi bug bounty program, enabling security researchers worldwide to identify potential vulnerabilities in the system. This program enhances the platform’s security and reliability, reinforcing its robustness.
Overall, deBridge prioritizes trust and takes significant measures to ensure the safety and dependability of its services.
Take advantage of decentralized cross-chain leveraged trading by using Binance Smart Chain to trade on DPEX through deBridge.
By leveraging deBridge’s integration with DPEX in combination with Binance Smart Chain, users can now reap the benefits of decentralized cross-chain leveraged trading. This enables users to trade assets across multiple blockchains without compromising their security. Furthermore, this integration provides users with access to an expansive range of markets and trading pairs, diversifying their portfolios and unlocking potentially lucrative opportunities. Stay tuned for more exciting updates! Up next, we’ll be integrating Solana using deBridge for DPEX. Expect even more chains to come your way!
Unlock seamless connectivity with deBridge, effortlessly bridging assets from other chains to Polygon. Experience flawless interoperability like never before.
Introducing the deBridge integration, now allowing users to effortlessly acquire MATIC on the Polygon chain without leaving DPEX. This seamless integration enhances transaction efficiency, bridging the gap between blockchain ecosystems, and elevating the overall user experience on DPEX. It not only benefits traders but also liquidity providers who require assets on the Polygon network.
Our collaboration with deBridge goes beyond a mere partnership; it represents the fusion of shared visions and values, driving user empowerment and pushing the boundaries of the DeFi space. With this integration, we are one step closer to realizing our goal of delivering innovative, secure, and user-friendly solutions to our valued customers.
Embark on a journey of endless possibilities with deBridge on DPEX today. Experience seamless interoperability, unparalleled convenience, and embrace the future of DeFi with DPEX and deBridge.
About DPEX
DPEX.io is a groundbreaking decentralized leverage trading platform that aims to reshape the way traders interact with the financial markets. By offering up to 50x leverage within a decentralized setting, DPEX stands at the forefront of the movement to democratize access to financial opportunities. The platform allows users to tap into leveraged trading without sacrificing the transparency, security, and autonomy that come with decentralized finance (DeFi).
About deBridge
deBridge is the infrastructure for high performance interoperability. By removing the bottlenecks and risks of liquidity pools, deBridge enables DeFi applications to scale faster with ultra capital-efficient and deep liquidity transfers across chains.
FTX’s restructuring attracts 363 potential investors, including BlackRock and Nasdaq.
Traditional finance firms express interest amidst increasing crypto ventures.
Court upholds FTX customer privacy against major media outlets’ appeals.
In a dramatic turn of events, FTX, the embattled crypto exchange, has garnered interest from 363 potential investors, including heavyweights like BlackRock, Ripple Labs, and Nasdaq. This development comes as CEO John Ray III moves forward with restructuring plans. Further, these plans fall under the US Bankruptcy Code’s 363 Sale section, which permits the sale of a company’s assets during bankruptcy proceedings.
According to reports, the details of interested parties were released on June 22 by Alvarez & Marsal, FTX’s consultant. Other high-profile entities expressing interest include Tribe Capital, Robinhood, NYDIG, Galaxy Digital, and OKCoin. However, it’s crucial to note that this list is not exhaustive, and the sale process is expected to kick off later this year, with the eventual selection of a ‘stalking-horse bidder.’
FTX 2.0 Attracts Traditional Finance Amid Crypto Rush
Moreover, firms from traditional finance, often termed ‘TradFi,’ have expressed interest in the revamped FTX 2.0. As part of the revamp, the FTX team, led by Ray, is working on a bid process letter, onboarding market makers, and a relaunch of FTX Japan.
Consequently, the potential investment in FTX 2.0 comes when a flurry of TradFi firms are entering the crypto space. Notably, BlackRock has filed for a spot Bitcoin ETF. Concurrently, JPMorgan is rolling out blockchain payments with JPM Coin, while EDX Markets—backed by Citadel Securities, Charles Schwab, and Fidelity Digital Assets—has kicked off crypto trading services.
On the same accord, the court’s verdict to uphold FTX customer privacy has met with resistance from four prominent media giants: Bloomberg, The New York Times, Dow Jones & Company, and The Financial Times.
Arguing for the public’s right to knowledge, these organizations have challenged the court’s decision. Nevertheless, Judge John Dorsey stood firm on his ruling. He justified the need for confidentiality, underscoring the looming threats of identity theft and fraudulent activities.
As the dust settles on the initial announcements, the world watches with bated breath, curious to see the new avatar of FTX 2.0 and its impact on the ever-evolving landscape of cryptocurrency exchanges.
Bullish VET price prediction for 2023 is $0.01902 to $0.02463.
VeChain (VET) price might reach $0.03 soon.
Bearish VET price prediction for 2023 is $0.01154.
In this VeChain (VET) price prediction 2023, we will analyze the price patterns of VET by using accurate trader-friendly technical analysis indicators and also predict the future movement of the cryptocurrency.
VeChain (VET) is the native token operating on the VeChainThor, a public layer-1 blockchain. Initially, VET was launched formerly as VEN, an ERC-20 token, on the Ethereum blockchain. Later in 2018, VEN was swapped onto the VeChainThor blockchain.
VeChain is based on a two-token system that hosts the tokens, VET, and VTHO. VET is used as a payment token in the DeFi space whereas the latter serves as the energy token for facilitating the transactions. The blockchain relies on the proof-of-authority (PoA) consensus which demands validators to stake at least 25 million VET at the ‘authority master nodes’ along with providing their real identities.
VET has use cases extended over the off-chain markets too. It integrates blockchain-based tracking solutions with the Internet of Things (IoT) deployed in supply chain systems in global enterprises.
VeChain (VET) Price Prediction 2023
VeChain (VET) ranks 37th on CoinMarketCap in terms of its market capitalization. The overview of the VeChain price prediction for 2023 is explained below with a daily time frame.
In the above chart, VeChain (VET) laid out a descending channel pattern. Descending channel Pattern also known as the falling channel. A descending channel is formed by two parallel trendlines. The upper trendline, which joins the highs, and the lower trendline, which joins the lows, run parallelly downwards. This pattern is the characteristic of a bearish market.
At the time of analysis, the price of VeChain (VET) was recorded at $0.01964. If the pattern trend continues, then the price of VET might reach the resistance levels of $0.01969, $0.02704 and $0.03310. If the trend reverses, then the price of VET may fall to the support of $0.01438.
VeChain (VET) Resistance and Support Levels
The chart given below elucidates the possible resistance and support levels of VeChain (VET) in 2023.
VET/USDT Resistance and Support Levels (Source: TradingView)
From the above chart, we can analyze and identify the following as the resistance and support levels of VeChain (VET) for 2023.
Resistance Level 1
$0.01902
Resistance Level 2
$0.02463
Support Level 1
$0.01450
Support Level 2
$0.01154
VET/USDT Resistance and Support Levels
As per the above analysis, if Vechain’s (VET) bulls take the lead, then it might hit and break through its resistance level of $0.02463.
Conversely, if VeChain’s (VET) bears dominate the trend, the price of VET might plunge to $0.01154.
VeChain (VET) Price Prediction 2023 — RVOL, MA, and RSI
The technical analysis indicators such as Relative Volume (RVOL), Moving Average (MA), and Relative Strength Index (RSI) of VeChain (VET) are shown in the chart below.
The technical analysis indicator Relative Volume (RVOL) is used to measure the trading volume of an asset in relation to its recent average volumes. It is typically calculated by dividing the current day’s trading volume by the average volume over a specified period, such as the past 20 or 50 trading days. Also, it helps traders in identifying unusual trading activity and changes in market sentiment.
At the time of analysis, the RVOL of VeChain (VET) was found below the cutoff line. Thus, it denotes a weak volume of participants trading in the current trend.
The next technical indicator is the Moving Average (MA). This momentum indicator is used to smooth out price data and identify trends in the market. It helps in calculating the average price of an asset over a specific period. Particularly, the 50-day moving average (50 MA) evaluates the average closing price of the asset over the past 50 days. When the price of an asset is above 50MA, it is considered to be in an uptrend (bullish), and if laid below 50MA, it is in a downtrend (bearish).
Notably, in the above chart, the VET price lies above 50 MA (short-term), indicating its uptrend. Hence, VET is in a bullish state. Although this is the current state, a trend reversal might occur.
Next up is the Relative Strength Index (RSI). Significantly, this analysis indicator helps traders to determine the strength and momentum of an asset’s price movement over a specific period. In this analysis, the RSI is calculated by comparing the average gains and losses of the asset over the past 14 periods. The resulting value lies between a range of 0 and 100. Hence, the readings above 70 indicate an overbought state, and below 30 indicate an oversold state.
Significantly, traders often use the RSI to identify potential trend reversals or to confirm the trend’s direction. For instance, if an asset is in an uptrend and the RSI reaches an overbought reading of 70, it may suggest that the asset is due for a pullback or correction. Conversely, if an asset is in a downtrend and the RSI is in an oversold reading of 30, it may suggest a potential reversal.
At the time of analysis, the RSI of VET is at 61.81. Therefore, this indicates VET is neither an overbought nor oversold state.
VeChain (VET) Price Prediction 2023 — ADX, RVI
In the below chart, we analyze the strength and volatility of VeChain (VET) using the following technical analysis indicators – Average Directional Index (ADX) and Relative Volatility Index (RVI).
To analyze the strength of the trend momentum, let us take note of the Average Directional Index (ADX). The ADX value is derived from the two directional movement indicators (DMI) such as +DI and -DI and is expressed between 0 to 100.
According to the data on the above chart, the ADX of VET lies in the range of 53.61 pointing out a strong trend.
The above chart also displays another technical indicator – the Relative Volatility Index (RVI). This indicator measures the volatility of an asset’s price movement over a specific period. With respect to the chart’s data, the RVI of VET lies above 50, indicating high volatility.
Comparison of VET with BTC, ETH
Let us now compare the price movements of VeChain (VET) with that of Bitcoin (BTC), and Ethereum (ETH).
BTC Vs ETH Vs VET Price Comparison (Source: TradingView)
From the above chart, we can interpret that the price action of VET is similar to that of BTC and ETH. That is, when the price of BTC and ETH increases or decreases, the price of VET also increases or decreases respectively.
VeChain (VET) Price Prediction 2024-2030
With the help of the aforementioned technical analysis indicators and trend patterns, let us predict the price of VeChain (VET) between 2024 and 2030.
VeChain (VET) Price Prediction 2024
If bulls dominate the price momentum and trend patterns, then VeChain (VET) might successfully test and surpass its resistance levels to hit $0.1 by 2024.
VeChain (VET) Price Prediction 2025
The significant upgrades in the VeChain ecosystem might persuade the entry of an increased number of investors. This may eventually boost the VeChain (VET) price to reach $0.5 by 2025.
VeChain (VET) Price Prediction 2026
If VeChain (VET) successfully tests its major resistance levels and continues to move upside, then it would rally to hit $1
VeChain (VET) Price Prediction 2027
If VeChain (VET) sustains major resistance levels and stands as a better investment option in the market, then VET would rally to hit $3
VeChain (VET) Price Prediction 2028
If VeChain (VET) holds a positive market sentiment amid the highly-volatile crypto market by driving significant price rallies, then VET would hit $5 by 2028.
VeChain (VET) Price Prediction 2029
If investors flock in and continue to place their bets on VeChain (VET), then the crypto would witness major spikes. Hence, VET might hit $7 by 2029.
VeChain (VET) Price Prediction 2030
By 2030, the VET price might rally to $10 if the trend momentum aligns in favor of VeChain. Furthermore, VET would hold a positive market sentiment and be labeled as a long-term investment with highly profitable ROI.
Conclusion
If VeChain (VET) establishes itself as a good investment in 2023, this year would be favorable to the cryptocurrency. In conclusion, the bullish VeChain (VET) price prediction for 2023 is $0.02463 Comparatively, the bearish VeChain (VET) price prediction for 2023 is $0.01154.
If there is a positive elevation in the market momentum and investors’ sentiment, then VeChain (VET) might hit $0.03. Furthermore, with future upgrades and advancements in the VeChain ecosystem, VET might surpass its current all-time high (ATH) of $0.2782 and mark its new ATH.
FAQ
1. What is VeChain (VET)?
VeChain (VET) is the native token operating on the VeChainThor, a public layer-1 blockchain. It migrated from the Ethereum blockchain to its independent blockchain in 2018. VeChain provides blockchain-based tracking systems to supply chain enterprises.
2. Where can you buy VeChain (VET)?
Traders can trade VeChain (VET) on the following cryptocurrency exchanges such as Binance, KuCoin, Bitfinex,Bittrex and Huobi..
3. Will VeChain (VET) record a new ATH soon?
With the ongoing developments and upgrades within the VeChain platform, VeChain (VET) has a high possibility of reaching its ATH soon.
4. What is the current all-time high (ATH) of VeChain (VET)?
VeChain (VET) hit its current all-time high (ATH) of $0.2782 on April 17, 2021.
5. What is the lowest price of VeChain (VET)?
According to CoinMarketCap, VET hit its all-time low (ATL) of $0.0016782 On March 13 2021.
6. Will VeChain (VET) hit $0.03?
If VeChain (VET) becomes one of the active cryptocurrencies that majorly maintain a bullish trend, it might rally to hit $0.03 soon.
According to Schiff’s analysis, Bitcoin’s rally inclusion could indicate a market downturn.
Schiff’s prediction may cause a departure from speculative investments.
Critics remain doubtful despite Schiff’s continued Bitcoin skepticism.
Peter Schiff, the renowned economist and financial broker, suggests that Bitcoin’s inclusion in the recent rally of highly speculative assets might signal the nearing end of this economic uptick. Schiff, known for his unflinching skepticism towards cryptocurrency, made these claims in a recent tweet, stoking anxieties about the sustainability of the ongoing rally.
Bitcoin Joins the Fray
Schiff observed that, until recently, the surge in high-risk investments curiously sidestepped Bitcoin. Now, however, the digital currency has made its entrance. He suggests this inclusion is not a cause for celebration but a potential warning.
Until recently the rally in highly speculative assets excluded #Bitcoin. Now that Bitcoin has finally joined the party, perhaps it’s a sign that the party will soon end. Usually rallies end when the lowest quality stuff finally participates. There’s no lower quality than #crypto.
Moreover, Schiff’s interpretation of this rally is steeped in a tradition of market analysis. Market rallies often culminate when investments of the lowest quality begin to participate. In this vein, Schiff points to Bitcoin’s belated participation as a sign of trouble brewing.
Further, Schiff’s implications here are twofold. Firstly, his characterization of Bitcoin as a ‘low-quality’ asset speaks volumes about his stance on cryptocurrency. Additionally, his prediction that the rally is nearing its end could have significant repercussions on investor behavior.
Significantly, if Schiff’s analysis proves accurate, the impending downturn could shake investor confidence. The thought of a potential tumble following the rally could lead to an exodus from riskier, speculative investments. Hence, a sell-off frenzy might ensue, precipitating the crash Schiff warns about.
Schiff’s critics, however, point to the repeated predictions of Bitcoin’s demise that have yet to materialize. Consequently, many choose to view his warnings with a grain of salt. Despite Schiff’s skepticism, Bitcoin’s tenacity has repeatedly defied the odds, turning skeptics into believers.
In wrapping up, Schiff’s alert underscores the inherent instability of the fiscal sphere, particularly when it involves speculative assets such as Bitcoin. Whether or not his predictions will come to fruition remains to be seen. However, his analysis has undoubtedly stirred conversation, reflecting the wider unease surrounding the sustainability of the current financial rally.
Palmswap released the alpha mainnet in February 2023 that has been providing users non custodial on chain perpetual trading options amongst other services such as hybrid trading and staking.
Early access for the Palmswap V2 liquidity provider event is open with a deadline of June 25.
Palmswap has promised liquidity providers a chance to earn up to 500% in APR.
The cryptocurrency market is on the cusp of mainstream adoption globally fueled by regulatory scrutiny. The need for user-friendly cryptocurrency platforms is on the rise. As a result, Palm Labs Inc., a British Virgin Islands incorporated company, launched the Palmswap network, a decentralized exchange (DEX) used for trading perpetual contracts on the BNB Chain, to help crypto investors tap into the nascent industry.
In a bid to kickstart its progress, Palmswap announced the alpha mainnet earlier this year and now has plans to go ahead with the launch of its second major product dubbed V2 on July 5. Notably, the Palmswap V1 is powered by a powerful Automated Market Maker (AMM) algorithm whereas the V2 has been developed on a synthetic architecture to ensure sustainability and scalability.
Closer Look at Palmswap V2
The launch of Palmswap V2 is planned to coincide with the LP Event that will start on June 27 for early applicants and on June 29 for everyone. The Liquidity Provider event is meant to bootstrap Palmswap V2 to enable seamless trading through the PALM tokens. Notably, PLP minters will earn PALM rewards in addition to a range of protocol revenues during the event.
“In exchange for providing their capital in the form of USDT, liquidity providers will receive a share of the trading fees, as well as PALM tokens. A total of $500,000 worth of PALM tokens will be distributed among liquidity providers,” Palmswap noted.
The Palmswap protocol intends to distribute 60 percent of trading fees to PLP token holders and stakers, which will ostensibly be paid out in USDT. The protocol has set a total of 25 million PALM tokens, which will begin trading at $1, for the reward program geared towards early minters.
The minting of PLP tokens for Palmswap V2 tokens, PALM, will involve different tiers that will be opened after the subsequent is filled.
In order to ensure the stability of the Palmswap V2 network, the team announced that PALM tokens will be vested for six months with holders claiming daily rewards. Moreover, PLP token minters cannot redeem for Tether USDT until the Palmswap V2 launches on July 5, 2023.
“..30 days after minting PLP you will be able to claim PALM Rewards, PALM will be vested for 6 months with daily claims,” the company added.
For clarity purposes, imagine an investor who buys 10,000 PLP in Tier 1 and another 10,000 PLP in Tier 2. The investor would then be rewarded with 50,000 PALM for Tier 1 and 37,500 PALM rewards for Tier 2. To add to that, the investor can claim the rewards daily. However, if the investor decides to sell 10,000 PLP tokens after 30 days, Tier 2 rewards would expire and thus would not claim any more rewards from Tier 2. Nonetheless, the rewards that the investor earned in Tier 1 would remain untouched and can be claimed daily.
Meanwhile, approximately 30 percent of trading fees collected from the Palmswap perpetual trading will be distributed to PALM stakers, whereas the remaining 10 percent has been dedicated to the buyback and burn of PALM tokens.
Takeaway Points
Palmswap’s Liquidity Provider Event is a gateway into the exchange’s V2 launch. It will allow Palmswap V2 to establish a new paradigm for decentralized perpetual trading done in a non custodial manner with deep liquidity and no price impact. PLP or the Palmswap Liquidity Provider token allows traders and LPs to earn attractive yield (up to 500% in APR) on their stablecoins, respectively. Furthermore, the PALM token ecosystem continues to benefit from the implementation and introduction of the PLP token as it is 100% liquid and allows any user to move between the 2 assets (USDT & PLP) seamlessly. However, should they choose to do this, the user ends up forfeiting their future PALM token bonus rewards as they are burned out of circulation. All other PLP benefits remain intact, in the event the user decides to mint PLP in the future.
For the gladiators who don’t know, Spectral Stadiums is the genesis collection of 5555 NFTs with underlying utilities on the Gladiator ecosystem. The Gladiator ecosystem is building a massive sports fan engagement platform which brings a 360-degree- immersive sporting fan experience with XR/VR technologies that revolutionize how we watch, play, and predict live IRL games.
Gladiator Ecosystem:
Spectral Stadium NFTs are just the beginning of the awe-inspiring Gladiator Ecosystem. The trifecta of extraordinary products designed to elevate your sports journey to extraordinary heights rules the roost.
First up, we’ve got FanCrypt, the fantasy sports platform that will test your skills and knowledge like never before, with sweet prizes waiting to be won. Join over 10,000+ active users and witness FanCrypt’s meteoric rise as the premier web3 fantasy sports platform. Get ready to showcase your expertise and be rewarded like never before!
Prepare to be dazzled by PitchVision, an avant-garde XR/VR technology that immerses you in a dynamic and captivating game-watching experience. Feel the adrenaline rush as you become an active participant in the action, taking the traditional sports viewing experience to unprecedented levels.
And let’s not forget G-Rush, the ultimate haven for sports enthusiasts! Engage in thrilling gameplay, seize the opportunity to win incredible prizes, and earn coveted IRL rewards and $SGTR tokens. Get ready to embark on an extraordinary journey where your passion for sports knows no bounds!
Now time for the first BIG news.
Spectral Stadiums now has its own Digital Space. That’s right. We’ve created a virtual haven that’s bursting with life and energy. This is not some static museum; it’s a vibrant, dynamic arena where the action is live and kicking!
And guess what? It’s live and ready for you to explore! Meet fellow fans, interact with community members, and discover a whole new level of sports engagement. This digital space is where the magic happens, where the thrill of the game comes alive. So, don’t miss out on the action – come on in and be part of something truly extraordinary! Check it out Now!
Welcome to the future of sports fandom Folks!
Now time for the second BIG news…
COUNTDOWN TO THE GRAND UNVEIL!!!
It’s time to make some noise because the wait is finally over. Spectral Stadium NFTs are about to take the world by storm. Mark your calendars because June 23, 2023, is the big day! That’s when Spectral Stadiums NFTs will hit the scene, and you won’t want to miss out. Snag your very own piece of this historic revolution for just 0.025ETH. Believe us when we say, this is an opportunity you don’t want to pass up.
As you gear up for this monumental launch, we want to ensure your journey is smooth and secure. Here are a couple of tricks to keep in mind while purchasing your Spectral Stadiums NFTs:
Do Your Research: Take the time to understand the process and familiarize yourself with the platform. Read through our website, explore our social media channels, and gain insights from the community.
Stay Vigilant: Be cautious of phishing attempts and scammers lurking in the digital realm. Always double-check URLs, verify the authenticity of communication channels, and exercise caution when sharing personal information. Join the community to cut down the scam noise.
Meet the Founding team
The Gladiator ecosystem is the brainchild of GLADIATOR INFOTECH LLP and Digital Strom LLC, Dubai. Led by a visionary founder Akash Patel, who previously founded streaming solutions to take the cricket World Cup to every household in India and provided CRM services to Uber.
The Advisory team include,
Jibran, Founder – Manifest Studios, Goddesses of sun, NFT KHI.
Are you as hyped as we are? We thought so! Join us on this extraordinary journey by staying in the loop with all the latest updates and insights. Head over to our website at spectralstadiums.io to catch a glimpse of the magic. Follow us on Twitter at @spectralstadium for all the buzz and banter. And if you’re looking for a place to connect with like-minded fans, our Discord channel is where the party’s at. Also, Don’t forget to check us out on premint.
Get ready to be part of a cosmic tapestry where your love for sports collides with cutting-edge technology. Spectral Stadiums NFTs are more than just digital assets; they’re your keys to an epic realm of sporting adventures. So, don’t miss your chance to redefine the future of sports fandom.
Seize the moment, grab your ticket to immortality, and let the games begin! We can’t wait to embark on this unforgettable journey with you.
IVG Capital is proud to announce the introduction of its new facility for trading Cryptocurrencies with leverage. IVG Capital is the trading name for IVG Partners Group Ltd, authorised under IBC No. 2023-00063. The company provides a wide range of financial instruments to traders in CFDs, such as forex, commodities, oil, pure metal, and indices.
IVG Capital is committed to client satisfaction, which is why it is introducing the latest offering that will revolutionize Crypto trading. The company’s Crypto offering provides traders with a seamless and simple trading process that offers leverage trading up to 100x. It is available on the leading Cryptocurrencies, including Bitcoin, Etheruem, Litecoin, and more.
The CEO of IVG Capital, John Doe, expressed his delight on the company’s new product stating, “We are proud to introduce this new Crypto offering, which will deliver an unrivaled user experience to our clients. As always, we are committed to providing top-notch trading solutions that meet our clients’ needs. Our new Crypto offering complements our existing trading solutions, and traders can now diversify their portfolio by trading on Cryptocurrencies.”
The IVG Capital Crypto trading platform features an intuitive user interface and is built on a robust infrastructure that delivers fast execution, despite market volatility. The platform is accompanied by comprehensive educational resources that traders can use to learn more about trading Cryptocurrencies and leverage trading.
IVG Capital provides a safe and secure trading environment for its clients. It is a pure STP brokerage with no dealing desk. Ensuring that clients can trade in a conflict-free environment, with spreads starting from as low as 0.5 pips.
Leverage trading is a powerful tool that offers traders the possibility of gaining significant profits, even with small amounts of capital. However, traders must exercise caution when deploying leveraged trading. Therefore, IVG Capital has implemented a range of risk management tools such as stop-loss and take-profit orders to help guide traders in managing their risk exposure.
IVG Capital’s platform is available 24/7, and traders can access its Crypto trading platform with ease. The registration process is straightforward as traders can complete it within minutes and start trading immediately.
IVG Capital is a global financial services provider that prides itself on offering clients unparalleled support. The company’s support staff is available 24/7 to assist with account setup, inquiries, and technical support. IVG Capital believes in putting its clients first, and as such, its support team is incredibly responsive and attentive, ensuring that clients’ concerns are addressed immediately.
In summary, IVG Capital is proud to introduce its latest offering, the Crypto trading platform with leverage trading up to 100x. This new product is in line with the company’s commitment to providing traders with sophisticated trading solutions that are both simple and suitable for all levels of traders. Clients looking to diversify their portfolio can take advantage of this new offering and trade Cryptocurrencies with ease. IVG Capital’s Crypto trading solution is accompanied by educational resources and offers traders a conflict-free environment. The platform is accessible 24/7 with excellent support.
For more information about IVG Capital’s Crypto offering, please visit their website https://www.ivgcapital.com
Disclaimer : This post was authored by an external contributor and does not represent TheNewsCrypto’s opinions. This content is for informational purposes only and not intended to be investing advice.
Stark warns against unregulated, high-risk crypto trading platforms.
Crypto exchanges’ disregard for standards exacerbates customer risks.
Regulatory uncertainties drive investors towards decentralized options.
In a bold warning, former Securities and Exchange Commission (SEC) chief, John Reed Stark, issued an urgent call to “get out of crypto platforms now.” In addition, he highlighted recent lawsuits against Binance Holdings Ltd. and Coinbase, citing these as critical reasons for his concern.
Stark Backs SEC’s Crypto Pursuit
Emphasizing the high-risk nature of crypto trading platforms, Stark asserted on Twitter that the SEC is spot-on with their crypto-related enforcement efforts. According to him, these platforms operate without proper registration with the SEC, leaving them devoid of operational supervision and customer protection.
On the same note, Stark pointed out that the absence of regulatory oversight translates into significant gaps in customer protection and record-keeping. He further emphasized the platforms’ non-adherence to U.S. regulations on market manipulation, insider trading, and trading against customers. Consequently, he underscored the absence of pricing or order flow requirements on these platforms.
Moreover, Stark argued that crypto exchanges have no obligation to adhere to cybersecurity or privacy protection standards, lack internal compliance requirements, and ignore the need to address customer complaints. Furthermore, he noted the absence of minimum financial standards for operation, painting a grim picture of the current state of these platforms.
This warning comes when centralized exchanges are already experiencing declining trading volumes. Even before the recent legal actions, May witnessed a sharp decrease in trading volume on centralized exchanges, while decentralized exchange volume saw a modest increase.
Stark’s advice aligns with a growing sentiment among investors becoming wary of the regulatory uncertainties surrounding crypto platforms. The combination of legal scrutiny, inadequate safeguards, and a lack of compliance measures has prompted many to seek alternative decentralized options.
Shiba Inu (SHIB) has been making waves in the cryptocurrency market lately. The cryptocurrency, created as a joke in 2020, has gained immense popularity due to its low price and high supply, making it an attractive option for retail investors. Recently, SHIB witnessed its highest weekly trading volume ever, with over $127 million worth of SHIB tokens changing hands. This surge in trading volume can be attributed to the increased interest in the cryptocurrency, as well as the growing popularity of decentralized finance (DeFi) and non-fungible tokens (NFTs).
Shiba Inu Records the Largest Purchase Volume in the Week
Shiba Inu (SHIB), the second-largest meme coin, experienced a surge in trading volume as large buyers dominated the market, overwhelming selling pressure. In the past week, bullish investors achieved a remarkable milestone, with the volume of purchases made by influential buyers surpassing a staggering 10.25 trillion SHIB. On the other hand, the selling executed by the big bears fell short by 250 billion SHIB.
IntoTheBlock, a cryptocurrency intelligence agency, closely monitored the market activities and revealed that this period had recorded the highest trading volumes of this meme coin. Therefore, the substantial influx of investments from large buyers propelled the token’s trading volume to unprecedented heights.
Despite this surge, SHIB’s 24-hour trading volume plummeted by 25.74% to $127 million, indicating the possibility of a price reversal in the meme coin market. According to CoinMarketCap, SHIB is currently trading on the downside, dropping 4.05% in 24 hours to trade at $0.000008826.
RenQ Finance (RENQ) Gears Up to Repeat the Pepe (PEPE) Feat
While SHIB has been grabbing headlines, RenQ Finance (RENQ) has been quietly making strides in the DeFi space. RenQ Finance is a decentralized platform that aims to connect isolated blockchains and establish a cross-chain asset exchange network. The platform provides all necessary underlying support for the DeFi ecosystem, allowing for a safe, free, and transparent DeFi service.
Like SHIB, RenQ Finance has gained significant traction in the cryptocurrency market, with over 25,000 holders and $17.3 million raised so far in its ongoing presale. The platform has also shown impressive growth potential, with early investors seeing up to 175% gains on their investments. With experts predicting even more growth in the future, RenQ Finance could be poised to repeat the success of Pepe (PEPE), another meme-inspired cryptocurrency that saw significant returns for early investors.
RenQ Finance vs. Shiba Inu: Which Is the Better Investment?
While both RenQ Finance and Shiba Inu have their strengths, they offer different value propositions for investors. Shiba Inu has gained popularity due to its low price and high supply, which can make it an attractive option for retail investors. However, the lack of real-world use cases and utility may limit its long-term growth potential.
On the other hand, RenQ Finance offers a unique platform that aims to connect isolated blockchains and establish a cross-chain asset exchange network, providing all necessary underlying support for the DeFi ecosystem. The platform’s focus on innovation, strong community support, and growth potential make it a compelling investment opportunity for those interested in the DeFi space.
Ultimately, the decision of which cryptocurrency to invest in depends on the individual investor’s risk tolerance, investment goals, and research. As with any investment, it’s important to conduct thorough research and invest wisely to minimize risk and maximize potential returns.
Conclusion
While SHIB may be grabbing headlines with its record-breaking trading volume, RenQ Finance is quietly positioning itself to become a major player in the DeFi space. With its innovative platform, strong community support, and potential for growth, RenQ Finance is a promising investment opportunity for those interested in the decentralized finance ecosystem. However, investors should always conduct thorough research and invest wisely to minimize risk and maximize potential returns.
WOO market shows a positive trend at $0.2805 as the bulls drive the market higher.
The WOO token has surged by over 10 percent in the past 24 hours.
The resistance level for WOO is present at $0.2872, which may trigger a further rally.
The most recent WOO Network price analysis shows a strong upward trend with the bulls driving the market higher. The WOO token has surged by more than 10 percent in the past 24 hours and is currently trading at $0.2805. The buying pressure has been strong, as the token has breached several resistance levels.
If Bulls persist and maintain their buying spree, the token will probably reach a new high at $0.30 in the near term. The immediate resistance for WOO is present at $0.2872, which could trigger a further rally breach. However, if the bulls fail to maintain their buying spree and the resistance holds, then the WOO may face a minor correction in its price, and move below the $0.2800 mark.
The market for WOO tokens opened today’s trading session at $0.2543, which was slightly above the 24-hour low of $0.2526. The bulls quickly started their buying spree, and the token surged to a high of $0.2902 in just a few hours before correcting itself to the current levels at $0.2805. The market capitalization of the token is currently at $467,972,299, indicating that more investors are taking interest in the token.
Technical Indicators on the Daily Chart
The daily technical indicators show strong bullish momentum in the WOO market. The 20-EMA is above the 50-EMA, which shows a strong uptrend. Similarly, the 50-day moving average is also above the 100-day moving average, indicating a strong bullish trend. The RSI indicator is in the neutral zone at the 55 level and if bullish pressure continues, then the RSI enters the over-bought zone, which could lead to a further surge in the WOO token’s price.
The Bollinger bands in the daily chart are widening, which indicates high volatility in the market. The upper Bollinger band is present at $0.34 which could be the next resistance level to watch out for if the bulls maintain their buying momentum, while the lower Bollinger band is present at $0.0.177, which could be the next support level if the price falls.
To sum up, the WOO Network price analysis shows a strong bullish trend in the market. The buying pressure has been strong, and if it persists, then WOO is likely to reach new highs soon. The technical indicators are also showing a strong bullish trend as more buying pressure is expected in the coming days.
DeFi has massive potential for disruption in traditional finance.
LayerZero provides cross-chain interoperability for seamless DeFi transactions.
Stargate Finance incentivizes liquidity providers and offers broader asset-bridging options.
Decentralized Finance (DeFi) has been a hot topic in the financial industry over the past few years, and for a good reason. Significantly, the opportunities within the DeFi space are still massive, and the potential for disruption in traditional finance is undeniable.
With the rise of blockchain technology, DeFi has opened up a new world of possibilities for investors, traders, and businesses. Moreover, as the world becomes more familiar with decentralized systems, DeFi is poised for tremendous growth in the coming years.
On the same accord, in decentralized finance, interoperability is critical in ensuring users have a seamless experience while interacting with different blockchain networks. LayerZero, an omnichain interoperability protocol, has emerged as a promising solution to revolutionize cross-chain transactions in DeFi.
With LayerZero, DeFi apps might integrate cross-chain without needing customers to link assets to other segmented markets. Besides, this is made feasible by allowing for the exchange of messages across various networks and blockchains, including Layer-2 networks. Consequently, users may engage with multiple chains in real time, which is the future of DeFi.
One of the flagship applications of LayerZero is Stargate Finance, a fully composable native asset bridge. With Stargate, users can bridge supported assets like FRAX or ETH between Ethereum, Arbitrum, Optimism, Polygon, BSC, Avalanche, Fantom, and Metis. This provides users with a broader range of options for asset bridging and more convenient to participate in cross-chain transactions.
Furthermore, Stargate liquidity vendors may harvest their LP assets in return for STG awards. Moreover, this encourages liquidity suppliers to engage the platform, which improves the platform’s liquidity and usability. The fact that STG has a market valuation of just under $900M after diluting shares shows how promising the LayerZero and DeFi industries are becoming.
