Cryptocurrency

Decentrawood, a leading name in the metaverse and blockchain space, announced the listing of DEOD, on the globally top crypto exchange MEXC. It is scheduled to take place on August 12th, 2024, at 10 AM UTC.DEOD’s listing on MEXC marks a pivotal moment for the Decentrawood ecosystem, opening new doors for liquidity, trading opportunities, and global exposure. MEXC, known for its extensive user base and high trading volumes, provides the perfect platform for DEOD to gain traction among crypto enthusiasts and investors worldwide.Decentrawood has become a frontrunner in the metaverse revolution, offering a unique blend of immersive digital experiences, NFT marketplaces, and decentralized finance. The DEOD token is integral to this ecosystem, enabling users to participate in governance, transactions, and exclusive offerings within the Decentrawood platform.About DecentrawoodDecentrawood is a decentralized platform that bridges the gap between the digital and real worlds through its innovative metaverse ecosystem. By leveraging blockchain technology, Decentrawood provides a dynamic environment where users can create, explore, and trade digital assets seamlessly.Culture: Providing immersive experiences of cultural places and events, allowing users to explore and engage with diverse traditions and heritage in a virtual environment.Glamour: Users have the opportunity to create unique avatars and groom them to become Stars, Superstars, or Megastars. Decentrawood excels in the glamour and entertainment space, offering experiences related to music, movies, events, and socialization.Gaming Space: The platform offers a mix of classic games like Ludo, Teen Patti, and Roulette, alongside innovative games such as The Nexus, The Princess of Ariba, and Lord of Space. Top game developers across the Web 3 space have started deploying the games on Decentrawood.The Native token of Decentrawood is the DEOD tokenThe native token of Decentrawood’s metaverse sphere is DEOD. The DEOD token is available on the Polygon blockchain, BNB chain, and Solana blockchain. According to CoinMarketCap and CoinGecko, as of August 10, 2024, DEOD’s total supply and circulating supply are 136,098,623 DEOD and 136,098,623 DEOD.The Decentrawood community is growing very fast, and the demand for the DEOD token is skyrocketing. With limited supply and soaring demand, DEOD’s price is showing all its bullish traits, making it an attractive investment.The listing on MEXC comes at a time when DEOD is already showing strong bullish momentum in the market. It will not only add a lot of crypto enthusiasts to the DEOD community but also the liquidity will increase manifold.About MEXC ExchangeMEXC is a leading global digital asset trading platform known for its robust security measures, user-friendly interface, and wide range of cryptocurrencies. With millions of users across the globe, MEXC continues to be at the forefront of the cryptocurrency revolution.CertiK Certification:Decentrawood has officially received certification from CertiK, a leading blockchain security firm. This certification enhances the security and trust on Decentrawood among Users and Investors.Decentrawood CommunityDecentrawood has a strong presence on Social Media:Key Highlights:Listing Date and Time: August 12th, 2024, at 10 AM UTC.Exchange: MEXC, one of the world’s top-tier cryptocurrency exchanges.Trading Pair: DEOD/USDT.For more information, visit Decentrawood’s official website, www.decentrawood.com.ContactRichard MooreDecentrawoodinfo@decentrawood.comThis article was originally published on Chainwire More

Elacity is partnering with Particle Network and BeatFarm to create a more intuitive and accessible way for music superfans to interact with their favorite artists using decentralized technology. This collaboration aims to simplify access and exchange of content within the music industry.By integrating Particle Network’s Wallet Abstraction stack with Elacity’s platform, users will enjoy a simple onboarding experience. Furthermore, since Particle Network has set to enable chain abstraction across the industry through its Universal Accounts, this integration will enable its users to eventually have a borderless Web3 experience.Elacity’s implementation of the Elastos SmartWeb ensures that key aspects such as tokenization, data ownership, and equitable sharing are central to the user experience. BeatFarm will leverage this development to offer superfans exclusive content and new monetization opportunities within a streamlined framework.To tie it all together, Particle Network’s role is crucial in making the Web3 experience more accessible and intuitive through chain abstraction. This simplicity in user experience is expected to transform how content is exchanged and monetized in the music industry.About ElacityElacity transforms digital asset management with “Digital Capsules”— encrypted digital assets on decentralized networks. These capsules offer secure playback and tradable access, distribution, and royalty rights via blockchain technology, enabling creators to monetize assets globally. This secure, transparent, and fair model disrupts traditional Digital Rights Management systems.For more information, please go to: https://docs.ela.city/About BeatFarmBeatFarm is a Web3 music distribution platform that enables artists to mint and inscribe their music onto multiple blockchains simultaneously, while also connecting directly with their superfans. BeatFarm aims to democratize music distribution by leveraging blockchain technology to provide artists with unprecedented control over their work and direct access to their fans.For more information, please go to: https://beatfarm.io/ About Particle NetworkParticle Network is addressing Web3’s fragmentation of users and liquidity through Universal Accounts. Particle’s chain abstraction is powered by a Cosmos SDK L1 blockchain enabling the experience of a single account, balance, and address that can be used across all chains, allowing users to interact with any dApp and pay gas with any token. For more information, please go to: https://particle.network/ContactPR LeadRoger DarashahElastosroger.darashah@elastoselavation.orgThis article was originally published on Chainwire More

That price surge was driven by a number of factors, which included an important victory of Ripple and XRP in court over the SEC. As the Ripple CEO Brad Garlinghouse stated, that win was important not only for the company and XRP but for the global cryptocurrency space too.Today, however, Bitcoin made a 3.3% setback, falling back into the $60,360 zone.Michael Saylor reacted to the Bitcoin brief surge above $62,000 by posting a Bitcoin-themed image and tweeting: “Solve the Puzzle with ₿itcoin.”This article was originally published on U.Today More

NeurochainAI, a decentralized AI-as-a-Service (DeAIAS) network, today launched its Token Generation Event (TGE) with its $NCN token becoming available for trading at 12 pm UTC on two centralized exchanges, Gate.io and WhiteBIT, with listings on additional CEXs to be announced in the near future.With over 150,000 users already onboard and more than 80,000 wallets connected to the platform, NeurochainAI is swiftly establishing itself as a leader in the DeAIAS space that also covers a reliable DePIN for AI Inference. To further enhance user experience and accessibility, NeurochainAI has rolled out a beta version of its mobile app for AI inference. The beta app is already being tested by over 3,000 users across 183 countries, reflecting the global demand and anticipation for NeurochainAI’s innovative solutions.The TGE marks the official launch of NeurochainAI’s $NCN token, with the project committed to a fair launch strategy by listing directly on centralized exchanges (CEXs), ensuring equal access and better terms for everyone. As a part of the strategy, the community also has the opportunity to earn NCN by connecting GPUs and participating in data tasks for extended periods of time.With a strong reputation in the industry and over 10 million users, Gate.io boasts a daily trading volume that exceeds $12 billion. WhiteBIT stands out as a top choice for crypto enthusiasts with impressive trading volumes and over 4 million users from 150 countries.The token launch will be immediately followed by the introduction of node staking, an initiative aimed at fostering network decentralization with a fair way to grow a validator network. The approach mirrors industry best practices, ensuring transparency with rewards known upfront, decentralization as the same stake applies to all nodes, and a fair chance for all to participate on a first come, first serve basis.To learn more about NeurochainAI’s node staking opportunities and becoming a Neuron Validator, visit their guide here.About NeurochainAINeurochainAI is a decentralized AI-as-a-Service (DeAIAS) network that streamlines the process of building, launching, and use of AI-powered decentralized applications (dApps). Providing a ready-to-use AI infrastructure, the network enables developers to create AI dApps up to 24 times faster and 5 times more cost-effectively compared to traditional methods. The platform is focused on advancing the field of AI application development, offering unparalleled ease of use and affordability.Website | x | Telegram | Discord | Linkedin | MediumContactCOOOdeta Iseviciuteodeta@neurochain.aiThis article was originally published on Chainwire More

Bitcoin rose nearly more than 4% to $60,588.0, paring some gains after rising as far as $61,712.3.The token was also set for mild weekly gains after an over 10% tumble in the prior week. The world’s biggest cryptocurrency recouped a bulk of its losses this week, having slumped as far as $49,000 on Monday amid a broader market rout.The token tracked a rally in broader markets, especially equities, as better-than-expected weekly jobless claims data fueled bets that a U.S. economic slowdown was not as imminent as initially feared.Fears of a recession had battered risk-driven assets through last week and the first half of this week, spurred by data showing a sharp decline in nonfarm payrolls. Less hawkish comments from Bank of Japan officials also helped risk appetite improve, after the central bank hiked interest rates and flagged more increases during a meeting last week. BOJ officials said this week that the bank will not hike rates during periods of market volatility, helping improve sentiment. Losses in the Japanese yen also signaled a recovery in risk appetite. Bitcoin’s latest recovery has led some bullish investors to revisit their year-end target of $100,000.The cryptocurrency’s surge in the past 24 hours marked one of its most significant single-day percentage gains in recent months, leading to the liquidation of nearly $100 million in short positions on bitcoin-tracked futures, and making it the fourth-largest hit for bearish bets on bitcoin this year.Market analysts have attributed the gains to positive sentiment in the stock market and expectations that bitcoin might follow its historical market cycles.”Now that the Bank of Japan has indicated they will not raise interest rates further — and Jump Trading will run out of coins to sell, just like Germany did a few weeks ago — I do not see the price going much below $50,000 (other than a quick wick), perhaps ever again,” Transform Ventures told CoinDesk.The firm also noted that, regardless of the short-term outlook, the bull market is expected to follow the traditional four-year cycle, with strong gains anticipated in October and November.”If Trump wins, a rush of new buyers could take the bitcoin price over $100,000,” it noted, while also acknowledging that the months following the halving often see pullbacks, and this fifth bitcoin cycle is likely no exception. “October and November are historically strong months for bitcoin, especially in the year of the halving and the year after.”Among broader cryptocurrency markets, XRP fell 5% after rallying sharply in the prior session as Ripple Labs, the issuer of the token, was slapped with a $125 million fine in a long-running lawsuit with the Securities and Exchange Commission. While the fine was a fraction of the reportedly $2 billion sought by the SEC, the ruling also saw Ripple slapped with an injunction requiring it to register any more security sales. Additionally, the case did not answer the long-running regulatory question of whether crypto tokens do qualify as securities. The SEC is also expected to potentially appeal an earlier ruling that said Ripple’s XRP sales to retail investors did not qualify as security sales. Barring XRP, broader altcoins surged in tandem with Bitcoin. World no.2 token Ether rose 5.5% to $2,627.93.SOL slipped 1% and ADA added 1.5%, respectively, while among meme tokens, DOGE climbed 2.4%. More

Significant liquidity near $62,000 is shown in the order book heat map, indicating strong buy and sell interest at this time. Because of this, there might be some opposition to Bitcoin’s continued growth. The $57,000 level, which is accompanied by a significant level of liquidity, may serve as a crucial support level if Bitcoin prices decline over the next few weeks.There has been a lot of talk about Bitcoin prices between $40,000 and $45,000, according to recent Santiment social volume data. Still, the conversation now centers on possible prices in the range of $70,000 to $75,000. Because the market might respond adversely to a rise in social volume, exercise caution and refrain from abusing leveraging tools.The Bitcoin market appears to be approaching a turning point overall despite the excitement surrounding the recent spike in prices. The increase in social volume in the significant liquidity zone may portend future gains.Any plans that investors may have though could be derailed by the recent spike in market volatility. Even though Bitcoin has performed well, it is still important to avoid making risky trades. Though it is not as big as the sell-off we saw a few days ago, there is undoubtedly new interest in the market once again.This article was originally published on U.Today More

Valhalla is entering a partnership with Sunderland AFC for the full 24/25 season, including a prominent back of shirt sponsor position. The package includes:This partnership also offers a strong digital dimension with over 4 million followers across major social platforms with 1.7 million on Facebook (NASDAQ:META) and 1 million on X.In addition to their six league titles, the club has won the FA Cup twice.About ValhallaValhalla is a spin on the classic Creature-Collection adventure set in a vibrant, lively, MMORPG open-world inspired by Norse mythology. Players interact with a diverse set of eccentric creatures called Veras, discovering, taming, training, and trading them. Alone or as a clan, players partake in a dynamic, player-driven economy to rise in community ranks and achieve tactical supremacy on the hexagonal-grid battlefield.Website: Valhalla.gameAbout FlokiFloki is the people’s cryptocurrency and utility token of the Floki Ecosystem. Floki aims to become the world’s most known and used cryptocurrency, focusing on utility, philanthropy, community, and marketing. Floki currently has over 490,000 holders and a strong brand recognized globally thanks to strategic marketing partnerships.Website: Floki.comContactCommunity Relations OfficerPedro VidalFlokimarketing@floki.comThis article was originally published on Chainwire More

Bitcoin.com, a pioneer in the Bitcoin and crypto space since 2015, has integrated into its wallet, games, news, and education platform a debit card that empowers users to spend their cryptocurrency seamlessly at any location Mastercard (NYSE:MA)® is accepted. V-Card is now available in the Bitcoin.com app and on Bitcoin.com’s website here.Key Features of V-CardContactMarketing Operations LeadGraham StoneBitcoin.commarketing@bitcoin.comThis article was originally published on Chainwire More