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Formula 1 Made Crypto.Com A Global Partner Of F1 Sprint Series

Mark Brennan
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Formula 1 Made Crypto.Com A Global Partner Of F1 Sprint Series

Formula 1 today announced Crypto.com as the first global partner of the new Sprint Series for 2021, with the first event at Silverstone on Saturday 17 July at the Formula 1 British Grand Prix Pirelli.


Crypto.com Writes:

“We’re extremely excited to announce that Crypto.com is the newest Global Partner of F1 We’re also the first Official Cryptocurrency Sponsor, and NFT Partner of F1. This season you’ll see us collaborate on several initiatives including the introduction of a brand new award, celebrating ambition and bravery out on track and within the sport.

Crypto.com will also be the Inaugural Partner of the F1 ‘Sprint’ series for 2021, which fans will experience for the first time at the Silver stone GP on Saturday 17 July. Continuing the theme of innovation, we’re partnering with F1 in the development of exclusive NFTs, connecting fans to the sport in new and innovative ways.

This is just the beginning of a multi-year partnership rooted in collaboration and innovation.”

 

In the new sprint format, Drivers will cover more than 100 km on Saturday afternoon on selected Grand Prix weekend, and the Sprint result will determine the starting grid for Sunday’s full-distance Grand Prix.

Crypto.com will also have a trackside presence for the remainder of the season as part of a flagship global partnership with Formula 1.

 

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F1 said in a staement:

“In addition to building the world’s fastest growing crypto platform and the leading app in both the App Store and Google Play, the Crypto.com Visa Card is the world’s most popular crypto card available in 30+ countries world-wide. Partnering with Formula 1 will ensure Crypto.com continue to grow their brand awareness on an international stage. As F1 continues to explore new ways for fans to engage and become more immersed in the sport, Crypto.com will also become the Official Cryptocurrency Sponsor and NFT Partner of F1.”



CEO of Crypto.com, Kris Marszalek said:

“We are extremely proud to be the first cryptocurrency sponsor of Formula 1, joining a prestigious collection of brands supporting a sport with technology and innovation at its core.

“We look forward to many years of innovating together, and will begin at the Belgian Grand Prix where we will present a brand new award. We’re also excited to partner with F1 in the development of exclusive NFTs, connecting fans to the sport in new and innovative ways.”

 

Cardano Price Analysis: ADA Is Looking For 38% Upswing

Albert Brown
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Cardano Price Analysis: ADA Is Looking For 38% Upswing

Cardano price is consolidating between two converging trend lines, which show that a volatile move is coming soon.

Read: Alonzo White Testnet Can Go Live Soon Plus Cardano Hits New Milestone As ADA Crossed 660K Staking Addresses



ADA 4-Hour candle closing above $1.40 will confirm an uptrend but a break down below $1.20 would signal downtrend.

Read: For the First Time Ethereum Crossed Bitcoin in Address Activity

ada price analysis 29-6-21

Cradano is facing a downtrend since June 3 without making any higher highs which show that bear are in control. As ADA is trading in a tight range between two trend lines, it show a massive breakout is coming. Such development mostly result in massive moves, as this breakout can go either way.

 

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In bullish case, a breakout would push ADA price to $1.50, where 200 day moving average (Shown in Red) is waiting to act as a resistance. This is 11% increase from currently trading price of $1.3360. But as ADA price is consolidating in between two trend line for some days, we can expect a move more than 11%. In such a case ADA price can visit $1.80, which is 38% increase from the current price. $1.80 is acting as a strong resistance since 20-5-2021, so crossing $1.80 will not be easy for bulls.

Read: ADA Pay Continues to Grow As COTI Powered Wolfram Alpha Adopt ADA Pay For NFT Auction

In bearish case if price falls below the trend lines, we can see a sharp decline. First ADA support will come at $1.20, If $1.20 is unable to act as support we can visit June 23 lows of $1.018.



At the time of writing over all crypto market is doing good, with ETH trading above $2000 and BTC above $35000. Under such favorable condition there are high chances that ADA price will break upward to touch $1.50 and then $1.80.

Read: Another Big Cardano Partnership on The Cards As Charles Hoskinson Is Planning El Salvador Visit

Resistance: $1.40, $1.50

Support: $1.20, $1.018

 

Vechain Price Analysis: VET Is Looking For 25% Upswing

Albert Brown
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Vechain Price Analysis: VET Is Looking For 25% Upswing

Vechain price is doing good as bulls are looking for an uptrend. A further increase in VET buying can take Vechain to $0.10 resistance level, which is a 25% price increase. The MRI indicator show that VET might visit below support of $0.070 before making a consistent uptrend.

Read: Sunny LU VeChain CEO: What VeChain Is Offering To Different Level Of “Developers”


Vechain price is consolidating at the range of $0.06 to $0.08. This price action suggest that there are strong chances that VET price can move forward to touch $0.10 resistance.

Read: For the First Time Ethereum Crossed Bitcoin in Address Activity

vet price analysis 29-6-21

On the other hand, The Momentum Reversal Indicator (MRI) is pointing a sell signal in the form of a red ‘one’ candlestick on the 4-hour chart, which predicts a one-to-four candlestick correction. So traders and holders might expect VET price to visit lows of $0.070 again. The price may fall below $0.070 to collect liquidity, If such development is followed by a quick bounce than it is bullish sign.

Read: Suzhou City Launched “Changan Code” Based On Vechain Toolchain Covering More Than 300,000 Local Residents

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On the upside VET will face medium resistance at $0.090 and strong resistant at $0.10.

Read: How Vechain Blockchain Can Be Useful In Dairy Products Market

On the bearish side if support of $0.07 is broken, VET might see a 11% downfall going to $0.059.



At the time of writing overall crypto market is doing good, with ETH trading above $2000 and BTC above $35000. Under such favorable condition there are high chances that VET price will continue it upward momentum till $0.10.

At $0.10, VET bulls should stand up and come in with force to break $0.10, which will prove as a strong resistance.

Read: A Comprehensive Long List Of Vechain Food Safety Use Cases

Resistance: $0.09-0.10

Support: $0.06-0.07

For the First Time Ethereum Crossed Bitcoin in Address Activity

Mark Brennan
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For the First Time Ethereum Crossed Bitcoin in Address Activity

According to data provided by crypto analytics platform Santiment, Ethereum surpassed Bitcoin in address activity for the first time.


eth active adresses crossed BTC for the first time

Santiment writes:

“Following up on yesterday’s report on Ethereum FUD and the buy opportunity we saw, today has marked a historic day – For the first time in crypto history, ETH address activity is ABOVE $BTC address activity, as prices have soared back above $2,100.”

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Santiment tweet is as follow:

 

Earlier today, ETH hit a weekly high of $2,136 on Binance.
The second largest blockchain is seeing a spike in activity ahead of the highly anticipated EIP-1559 update, which is expected to be rolled out in the coming weeks.

Meanwhile, active bitcoin addresses are at their lowest level since February.



BTC struggling to regain momentum after the bulls failed to overcome resistance at the $35,000 level. The ETH/BTC pair is seeing an apparent trend reversal, surging nearly 7 percent in the past 24 hours.

World’s First Solana (SOL) ETP Coming On Swiss Stock Exchange By 21Shares

Mark Brennan
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World’s First Solana (SOL) ETP Coming On Swiss Stock Exchange By 21Shares

21Shares AG, is launching the world’s first Solana (SOL) ETP (ticker: ASOL) on the regulated market of the Swiss stock exchange (SIX Exchange) on Wednesday, June 30th 2021 further boosting 21Shares as the leading issuer of crypto ETPs.


The ETP will offer additional yield through staking rewards by validating transactions on the Solana blockchain which is dedicated to fostering active network participation (such as staking) in a secure, regulated and insured environment. The SOL ETP structure is 100% physically collateralized, segregated and replicates 1:1 the tracking of the crypto asset.

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News Source: Global News Wire: Read More On: https://www.globenewswire.com/news-release/2021/06/28/2254123/0/en/21Shares-Continues-Its-Listing-Strategy-With-The-Launch-of-Solana-SOL-ETP.html

Microstrategy CEO Michael Saylor: The Next Chapter Of “The Mobile Wave” Is Bitcoin

Jakkk
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Microstrategy CEO Michael Saylor: The Next Chapter Of “The Mobile Wave” Is Bitcoin

Ricardo Salinas Pliego, one of the richest Mexicans and a passionate bitcoiner, appreciates the “great vision” of MicroStrategy CEO Michael Saylor.

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In his last tweet, Mr. Salinas Pliego wrote that he loved the book “The Mobile Wave”, written by Michael Sailor in 2012. In this best-selling book, Mr. Sailor analyzes “mobile intelligence” as the fifth global wave of computing technology.

He said:

“Loved your book “The mobile wave”… Way back then you had great vision. I really hope your big “all in” bet with MicroStrategy pays off. BALLS OF STEEL.”

Back then Saylor predicted that mobile devices will completely change the way people work, live, spend money and interact with each other. Among other things, he foresaw that cash would become virtual software.

The bitcoin tycoon claims the MicroStrategy CEO’s vision was “excellent.” He also hopes the monstrous bet of Sailor on bitcoin will pay off.

Michael responded to the Ricardo Salinas Pliego tweet saying:

“Thank you. The next chapter of “The Mobile Wave” is Bitcoin and Lightning on billions of mobile devices, providing digital property rights and economic empowerment to everyone on earth. It will be the most exciting chapter yet…”

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Currently MicroStrategy under the leadership of Saylor holds over 105,000 bitcoins, which is 0.5 percent of the BTC supply. According to the Bitcoin Treasuries, the value of the Bitcoin MicroStrategy bet is still up 30 percent despite a significant drop in the price of Bitcoin.


Saylor is confident that this phase of the digital revolution will lead to “economic empowerment” for all people around the world, and calls it “the most exciting chapter.”

Sunny LU VeChain CEO: What VeChain Is Offering To Different Level Of “Developers”

Mark Brennan
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Sunny LU VeChain CEO: What VeChain Is Offering To Different Level Of “Developers”

Vechain is doing great in China and it progress is running as Vechain is adopted by large China companies and Municipal governments.


More recently Suzhou City Launched “Changan Code” Based On Vechain Toolchain Covering More Than 300,000 Local Residents.

Read: How Vechain Blockchain Can Be Useful In Dairy Products Market

The news was highly admired by vechain community and it was aired on Xinhua which is the official state-run press agency of China. Xinhua is the biggest and most influential media organization in China, as well as the largest news agency in the world in terms of worldwide correspondents.

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Read: A Comprehensive Long List Of Vechain Food Safety Use Cases

On in a series of recent tweets Sunny LU CEO of VeChain has expressed his thoughts on What VeChain is offering to different level of “developers”:

“Level 0: Public Blockchain – Blockchain Tech, opensource, and you can build whatever you want to build with loads of cool features like MPP, MTT, Controllable TXs Lifecycle, TXs Dependency and etc.

Level 1: VeChain BaaS – Enterprise level developers and professional team who can keep Blockchain work as a service but just use it with dedicated APIs. You can choose existing smart contract or ask for dedicated one for you only.

Level 2: VeChain PaaS – Developers who is focus on front end business logic and look forward to have low-code development environment to realize the new business process on the back end using Blockchain. It will save lots of time and cost to start with Blockchain.


Level 3: SaaS – Business uses with even 0 knowledge of technical development. You can directly use digital products built on VeChain Blockchain, and which are coming from your partners like DNV, PwC, and etc. with their business expertise to solve the real issue!”

 

 

Alonzo White Testnet Can Go Live Soon Plus Cardano Hits New Milestone As ADA Crossed 660K Staking Addresses

Mark Brennan
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Alonzo White Testnet Can Go Live Soon Plus Cardano Hits New Milestone As ADA Crossed 660K Staking Addresses

This year belong to Cardano as ADA founder, and Technical core expert is always busy bringing news partnerships and developments. In a recent, Youtube video of Input Output Hong Kong (IOHK), IOHK’s Marketing Director informed about recent updates of the Cardano ecosystem along with Kevin Hammond, Nigel Hemsley and Dimitris Poulopoulos. 

Read: ADA Pay Continues to Grow As COTI Powered Wolfram Alpha Adopt ADA Pay For NFT Auction


Updating on Alonzo White, technology manager at IOHK, Kevin Hammond said:

“The transition between Alonzo blue to Alonzo White is scheduled for the coming week as the team initiated basic network functionalities, as well as the initial distribution of ADA to stake pool operators.”

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The transition from Alonzo Blue to Alonzo White will not be simple, Hammond added: 

“At this stage of rolling out Alonzo, we don’t have all the core support mechanisms yet, even Plutus backend for that matter. “It can be as simple as a transaction the returns a ‘Hello world’ or confirmation of a payment that has been made. This means we have Alonzo running a smart contract.”

Delivery chief Nigel Hemsley added to the topic:

“As we move into White, we’ll do it into steps that will incorporate the release of the new release of the node and an enhanced CLI with functionality in it that enabled people to calculate the execution unit needed automatically as well other functionalities that will enable users to develop advance applications.”

Read: Another Big Cardano Partnership on The Cards As Charles Hoskinson Is Planning El Salvador Visit

Cardano Surpassed 660K Addresses 

Cardano has unlocked a new milestone; ADA staking addresses have reached 663,980 at the time of writing, according to data from pooltool.io.

The decline in ADA price has seen a sharp increase in Cardano staking addresses. Investors have taken the opportunity to buy more ADA at low prices; this shows investors interest in ADA. Over the last three weeks, more than 50,000 staking addresses have joined Cardano.



Data shows that more than $30B have been staked in total, which is more than 71% of the ADA total supply. This is a sharp 9% increase in ADA staking addresses over less than a month; the previous milestone was crossing 600,000 staking addresses.

 

ADA Pay Continues to Grow As COTI Powered Wolfram Alpha Adopt ADA Pay For NFT Auction

Mark Brennan
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ADA Pay Continues to Grow As COTI Powered Wolfram Alpha Adopt ADA Pay For NFT Auction

COTI announced at Cardano 360 (Video Below With TimeLine) that they were happy to expand their work with Input-Output Global (IOG) and the Cardano Foundation as COTI powered Wolfram Alpha will use ADA pay for NFT auctions.


Wolfram Blockchain Labs provides distributed ledger technology ecosystems with the tools needed to help develop a wide range of smart contract-based applications. Wolfram Blockchain Labs is a DLT subsidiary of Wolfram Research, Inc.

Read: Another Big Cardano Partnership on The Cards As Charles Hoskinson Is Planning El Salvador Visit

This partnership is a result of the Cardano Foundation’s efforts to build the Cardano NFT strategy.

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Because of ADA Pay innovations like bidding and paying with ADA, it is becoming attainable to induce NFT to the mainstream in NFT marketplaces and auctions. As Cardano’s NFT strategy proceeds to increase, ADA Pay will continue to expand to support growth.

Read: John McAfee Widow Blames U.S. for Her Husband Death

Director of Connectivity of Wolfram Blockchain Labs, Christian Pasquel said:

“It’s been great to work with COTI and IO Global to bring this project to life. We want to take the NFT experience to another level and reach many communities. We have learned a lot about creating consumer oriented services and, what started just as a simple idea, became a really cool and powerful platform by closely reviewing and working with these two wonderful teams”.,


Product Owner of NFT Innovation Projects, Greta Gawianski said:

“We want to see more people and companies like Wolfram having the opportunity to adopt the benefits of this technology, and joining the Cardano ecosystem. For this scope, we are working on the development of different solutions to support and improve NFTs on Cardano, and this partnership with COTI is crucial to bring this product to life.”

Watch Video: (Jump to 01:08:22  for Wolfram, Cardano, and COTI team up to push NFTs to the next level)

 

John McAfee Widow Blames U.S. for Her Husband Death

Mark Brennan
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John McAfee Widow Blames U.S. for Her Husband Death

According to Reuters, Jhon Macfee widow, Janice McAfee blame US authorities for her husband death.


Just a day before Macfee apparent suicide, he wrote in a Father Day note that US government want him dead in prison.

Janice McAfee shared a tweet:

The note says:

“US officials are determined to have John die in prison to make an example of him for speaking out against the corruption within government agencies.”

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Janice McAfee says that she blame US Authorities.

“I blame the U.S. authorities for this tragedy. Because of these politically motivated charges against him, my husband is now dead,”

She further said that her husband was a fighter and he hoped that things will go well.

 “He had hope that things would work out. We knew that there would be an uphill battle to continue to fight this situation. But he’s a fighter … And anybody that knows John, that knows him even a little bit, knows that about him.”

“I don’t believe he did this, I will get answers.”


U.S. embassy spokesperson said:

“We are closely monitoring local authorities’ investigation into the cause of death, and stand ready to provide all appropriate assistance to the family. Out of respect to the family during this difficult time, we have no further comment.”

 

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