Cryptocurrency

CROSS THE AGES announces the launch of ReVerse, an innovative concept integrating Real World Assets (RWAs) into its virtual ecosystem. This initiative marks the first integration of its kind in the entertainment sector, combining elements of web3 technologies, blockchain, and traditional gaming.ReVerse serves as a bridge between the virtual and real worlds, enabling users to engage in entertainment, asset ownership, and financial gain, all while contributing to renewable energy initiatives. The concept introduces a model where virtual interactions have direct implications in the real world, linking entertainment with tangible outcomes (financial and environmental).The project’s virtual lands correspond to real-world industrial activities. These lands are part of a broader strategy to acquire real estate for producing carbon-neutral energy from renewable sources. The initiative targets sectors requiring high energy consumption, such as data centers and cryptocurrency mining, offering them sustainable energy solutions. The CTA token is the primary currency within Artellium, the universe and IP of CROSS THE AGES. It allows players to convert their virtual achievements into real-world assets through a minting process that transforms Flex (NASDAQ:FLEX) cards into Eternal (NFT) cards, facilitating trade, rental, and collection. Players’ virtual assets generate a minimum ROI through the sale of renewable energy produced on physical lands, and allowing players to expand their returns through continued gameplay.The innovative approach of CROSS THE AGES has attracted attention from five publishers and over 70 venture capitalists. In the coming weeks, co-founders Sami Chlagou and Richard Estève will expand their activities in the United States, focusing on building and scouting new locations to enhance their real-world asset portfolio.About CROSS THE AGESLaunched in 2020, CROSS THE AGES (CTA) is a transmedia intellectual property (IP) where futuristic fantasy meets sci-fi epic narrative. Leveraging blockchain technology, the CTA universe sets a new benchmark in innovative gaming, combining free-to-play and play-and-earn. The experiential ecosystem blends the virtual and real worlds, encompassing books, comics, gaming, esports, animation, collectibles, and an underlying gaming investment model to promote the transition to renewable energy in the real world. Already boasting partnerships with industry leaders like Ubisoft and Square Enix, CROSS THE AGES continues to push the boundaries of innovation in gaming and entertainment. For more information visit crosstheages.com/en-us.Website | X | YouTube | Instagram | Discord | TwitchContactChief Marketing OfficerPatrick Mercantonpatrick.m@crosstheages.comThis article was originally published on Chainwire More

Revolutionizing Multi-Blockchain Coordination with Seamless User InteractionsAgoric, a layer 1 blockchain designed for chain abstraction, has today announced the roll-out of its Orchestration API. With this new toolset, developers can create next-gen Web3 applications that seamlessly coordinate digital assets and services across multiple blockchain ecosystems. As a result, users can now benefit from one-click interactions that can deploy their liquidity and access multiple blockchains in a uniform fashion.With over $2 trillion in liquidity fragmented across different blockchains and their ecosystems (Ethereum, Solana, L2s, L3s, app-chains, sovereign rollups, subnets and more), users are too often left with complex, arduous experiences in Web3. Many have tried to solve this fragmentation issue by launching bridges and interoperability solutions, however, the experience is still limited due to the lack of programmability with existing solutions. Even simple use cases like paying with assets on one blockchain for services on another one require multiple user actions and signatures, leaving crypto assets trapped within isolated silos.Orchestration changes the game for multi-chain use cases:Dean Tribble, CEO of Agoric Systems, is available for interview on requestAbout Agoric Agoric is a layer 1 blockchain for orchestration. In the fragmented blockchain landscape, Agoric brings orchestration to Web3 to solve the chain abstraction challenge and foster composability and true interoperability that unlock a new era of universal liquidity. Agoric is the brainchild of renowned computer scientists, Dean Tribble and Mark Miller. Their groundbreaking work in secure computing and distributed systems laid the foundation for Agoric’s innovative technology.For more information, users can visit Agoric’s: Official Website | Twitter (X) | Discord | LinkedinContactSenior ConsultantAlissa KarpickWachsmanagoric@wachsman.comThis article was originally published on Chainwire More

This latest return came with more than a 10,400% gain overall. At the time the wallet received the 149 BTC it HODLed all these years, the value of the coins was pegged at $81,667 – sometime in 2013. With the valuation now coming in at more than $8.5 million, the whale has achieved one of the biggest trading profits in the market at this time.From 2013 to the date when the whale exited dormancy, Bitcoin has seen a series of milestones. From the first major all-time high (ATH) above $17,000 in 2017 to more than $69,000 in November 2021, and recently $73,750, waiting on further action might just seem like too much for the whale.Should they decide to move the funds, there are many potential options to utilize the funds as the Bitcoin ecosystem has grown remarkably over the years. With DeFi on Bitcoin and Ordinals Inscription, there are multiple reasons why a delayed sell-off might pay off in the end.At the time of writing, the Bitcoin price is up 1.89% in 24 hours to $58,681.74, a major succor after an extensive drawdown.This article was originally published on U.Today More

Recently, Schiff visited Istanbul and posted a photo in front of a large Bitcoin advertisement. He shared the image on Twitter with the caption, ‘I’m in Istanbul and look what I came across. There are some things you just can’t escape from.’ The image quickly gathered attention with over 200,000 views in just a few hours.An established advocate of gold, Peter Schiff, has long expressed doubts about Bitcoin and other cryptocurrencies. He typically accuses Bitcoin of being worthless and extremely volatile making it an unreliable store of value. Globally, Bitcoin is becoming more and more popular and accepted. Not to mention Turkey is one of the countries that embraces Bitcoin the most with millions of holders and users. The last few days have seen a fair amount of stability in the performance of the Bitcoin market. Promising news as Bitcoin has recently started to rise above the $58,000 mark. This increase follows a period of significant price volatility during which they ranged from $56,000 to $60,000. Despite the fact that the current momentum indicates that Bitcoin might be prepared for another surge, market sentiment is still cautious. Technically the 200 EMA, a crucial resistance level that traders closely monitor, has been overcome by Bitcoin. In the event that buying pressure picks up this breakout might indicate a possible upward trend. Many people believe that Schiff secretly loves Bitcoin because of his complex relationships with the cryptocurrency. Regardless of your feelings Bitcoin is more likely to stick around than not and critics like Schiff were mistaken about it in the past. This has been demonstrated by the market’s growth throughout time.This article was originally published on U.Today More

Investing.com – On Tuesday, the well-known crypto analyst Dennis Liu announced that his 2023 forecast for (SOL) was incorrect. The analyst raised his price target for Solana to $480 by the end of 2025, noting that in an ideal scenario, it could even reach $800.
This forecast is based on several key metrics, particularly the supply and market capitalization of Solana.
Another important factor is the total market capitalization of the cryptocurrency market. The analyst predicts that could reach a price of $250,000 by the end of 2025, resulting in a market capitalization of approximately $5 trillion.
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Assuming Bitcoin maintains a market dominance of 50%, this would imply a total market capitalization for all cryptocurrencies of $10 trillion.
Solana’s market dominance has increased from 0.75% to 3% over the past year. If this market share remains constant, Solana’s market capitalization would rise to $300 billion, corresponding to a price of $479 per token. Should the dominance increase to 5%, the price could climb to $800.
Liu initially assumed a price range of $240 to $250 for Solana but revised this in light of current developments.
Solana’s increased adoption is mainly based on two points: the Solana Mobile Initiative and Solana Pay. Solana Mobile, active for about two years, offers a mobile-first app store for decentralized applications. This makes it easier for new users to access and use cryptocurrencies, leading many users to prefer the Phantom Wallet, as reported by Coinpedia.
Solana Pay, a micropayment solution, supports SOL tokens as well as stablecoins like and . It has been an integral part of Shopify (NYSE:) for over a year.
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World no.2 token Ether also advanced, extending a recent recovery as markets awaited a key decision from the Securities and Exchange Commission on a spot exchange-traded fund. Bitcoin rose 1.7% in the past 24 hours to $58,423 by 08:31 ET (12:31 GMT). The crypto asset crossed the $59,000 threshold at one point before paring some gains.The world’s largest currency benefited chiefly from bargain buying into recent price declines. Bargain hunters were seen stepping into markets since last week, with crypto investment products, such as Bitcoin ETFs, seeing capital inflows on this trend.But sentiment towards crypto remained largely on edge, especially amid uncertainty of just how many tokens defunct crypto exchange Mt Gox will distribute as part of compensation for a 2014 hack.Mt Gox was seen mobilizing about $9 billion of Bitcoin earlier this year- representing a sizeable chunk of current supply. A sale at that scale presents steep losses for Bitcoin’s price. Additionally, the German government was also seen offloading Bitcoin confiscated from a piracy website. Reports said the government held at least $2 billion worth of Bitcoin, and was steadily selling the token in the open market. Recent weakness in the dollar also offered some relief to Bitcoin, although the greenback steadied this week following testimony from Federal Reserve Chair Jerome Powell, where he gave no clear cues on plans to cut interest rates.Focus is also on key consumer price index inflation data, due on Thursday.Broader crypto prices tracked Bitcoin’s recovery.Ether climbed 0.7% to $3,105.34, extending a recent recovery as markets waited on the SEC to approve amended applications from issuers for a spot Ether ETF.The ETF could be approved by as soon as mid-July and is expected to attract some measure of institutional capital into the world’s second-largest cryptocurrency.Among other altcoins, Solana advanced 1.9%, also gaining on the prospect of a spot ETF, while XRP and Cardano added 1.1% and 2.7%, respectively.Among memecoins, SHIB edged higher by 2%, while Dogecoin added 1%.The ongoing upward trend in Bitcoin may continue for some time and potentially boost Bitcoin toward the $60,000 mark, however, the rally will likely be transitory, digital assets research firm 10x Research said. “The $55,000-$56,000 range is forming a base from a technical analysis perspective. However, given the medium-term technical damage, we anticipate no more than a short-term tactical bullish countertrend rally,” it wrote in a note seen by CoinDesk.”We anticipate Bitcoin could rally back to nearly $60,000 before experiencing another decline to the low $50,000 range, creating a complex trading environment.”Furthermore, analysts at K33 Research pointed out that seasonal trends are not favorable for Bitcoin, with the third quarter historically showing the weakest returns.According to K33 estimates, the market will need to absorb between 75,000 and 118,000 BTC in sales from Saxony and Mt. Gox customers over the summer, which amounts to a value of $4.3 billion to $6.8 billion at current prices. More

The pioneering company behind Usual, Usual Labs, an innovative protocol bridging traditional and decentralized finance (DeFi) through its first USD0 stablecoin, is thrilled to announce the commencement of its public pre-launch phase. This milestone follows a fruitful private launch, during which Usual Labs secured an impressive $75 million in Total Value Locked (TVL) commitments from over 180 prominent DeFi leaders and investors within a month.USUAL stands as a secure, transparent, and decentralized Tether, redistributing ownership and value through the USUAL token. As a Real World Assets (RWA) infrastructure, it aggregates RWA and bridges it with DeFi liquidity, ensuring RWA composability and integration within DeFi. USUAL’s design guarantees safety, transparency, and verifiability, offering infinite scalability. Serving as an alternative to fiat-backed systems, USUAL redistributes value and ownership to the community, which owns the infrastructure, including Tether/Circle.The USD0 stablecoin is set to challenge industry giants and establish itself as the leading DeFi-native stablecoin, offering users a secure, community-owned alternative to traditional financial systems.The successful private launch and the substantial TVL commitments from leaders in the web3 space, including Sam Kazemanian from Frax Finance, James Ross from Mode, Michael Egorov from Curve, and many others, demonstrate the industry’s growing confidence in Usual’s potential to revolutionize the financial landscape and challenge its key pain points. This phase was crucial in validating Usual’s vision and establishing its position as a leader in the next generation of financial solutions.Usual Labs is thrilled to advance towards its public launch in Q4 2024, inviting the broader community to join and participate in reshaping the future of finance.This public pre-launch phase will last for four months, giving participants the opportunity to be part of the airdrop scheduled for Q4 2024.About Usual LabsUsual Labs is the company behind Usual, an innovative protocol that bridges the gap between traditional and decentralized finance through the USD0 stablecoin. Founded in 2022 by Pierre Person, Adli Takkal Bataille, and Hugo Sallé de Chou, Usual Labs is committed to creating a more equitable, transparent, and community-driven financial ecosystem. With strong backing from industry leaders and a significant TVL, Usual is poised to revolutionize the world of stablecoins.ContactM Group Strategic CommunicationsUsualpr@mgroupsc.comThis article was originally published on Chainwire More

This piece of advice is consistent with Walter Diemer’s strategy, which focuses on identifying what to give up rather than what to gain.Bollinger’s wisdom today is especially relevant in current market, which is saturated with a huge number of financial instruments. And especially in the cryptocurrency one, given its state. There are currently more than 2.4 million different crypto assets with a total market capitalization of $2.14 trillion. Given this, and the fact that the sheer number of assets can be overwhelming for investors, Bollinger’s advice on optimizing portfolios can be very relevant.In his latest analysis, the trader predicted further consolidation of the major cryptocurrency following the reversal of two candles on the lower Bollinger band. This prediction came true as Bitcoin initially turned around and rose 4.73%. However, shortly after this, there was a significant drop in the price of the main cryptocurrency, which fell by 16.21% from $64,000 to $53,500 per BTC.This article was originally published on U.Today More