Secure Crypto Projects Financing through AllianceBlock and ABO Digital

• AllianceBlock has partnered with ABO Digital to offer tokenized structured products for institutions and crypto projects looking for alternative forms of financing.
• The partnership is another milestone for AllianceBlock in its quest to build seamless gateways between Traditional Finance (TradFi) and Decentralized Finance (DeFi).
• ABO Digital offers a variety of structured financial products including convertible bonds, debt issuance, and warrants/options, providing the capital startups need to grow their customer and revenue base.

AllianceBlock Partners With ABO Digital

AllianceBlock has partnered with ABO Digital in order to offer tokenized structured products for institutions and crypto projects looking for alternative forms of financing. This milestone marks an important step forward in AllianceBlock’s mission to build seamless gateways between Tradfi and DeFi.

What Products Does ABO Digital Offer?

ABO Digital provides a variety of structured financial products such as convertible bonds, debt issuance, and warrants/options, which are designed to provide the necessary capital that startups need to grow their customer base and revenue stream. In addition, they also explore the provision of alternative financial investments through tokenization.

How Will This Partnership Benefit Institutions And Crypto Projects?

The partnership between AllianceBlock and ABO Digital will benefit both institutions and crypto projects by providing them with alternative funding options such as issuing tokens to market makers or venture capitalists via a Simple Agreement for Future Tokens (SAFT). This will enable them to take more advantage of DeFi’s benefits while remaining compliant and reducing risk.

Rachid Ajaja’s Comments On The Partnership

Rachid Ajaja, the CEO of AllianceBlock commented: „Through this strategic partnership, AllianceBlock is set to revolutionize the industry by leveraging its infrastructure to tokenise traditional financial instruments and new instruments for the digital asset space.“ He further added that this partnership marks a significant milestone for both companies as well as the industry as a whole.

Conclusion

In conclusion, this strategic alliance between AllianceBlock and ABO Digital is set revolutionize the industry by providing institutions with more compliant ways of taking advantage of DeFi’s benefits while reducing risk. It marks an important milestone not only for these two companies but also for bringing innovation into the future of finance.

Shiba Inu Price Plunges: Use Murrey Math Lines to Predict Next Move

• The Shiba Inu (SHIB) price dropped to a yearly low of $0.000010 after reaching its highest point in February.
• Technical analysis using Murrey Math Lines suggests that SHIB will continue to move downward and reach the next ultimate support level at $0.0000090.
• The 4H chart shows that SHIB/USD is currently hovering slightly above the key support level of $0.000010, which may confirm a bearish breakout in the near future.

Shiba Inu Price Plunge

The Shiba Inu (SHIB) price has plummeted to its lowest point since January 19th as demand for cryptocurrencies has weakened and enthusiasm surrounding the Shibarium launch has decreased. SHIB dropped to an all-time low of $0.000010, which is more than 31% lower than its year-to-date high of $0.000015.

Murrey Math Line Prediction

The current SHIB sell-off began when the coin peaked at $0.000015 on August 17th, reaching its highest point yet on February 4th. After breaking through several important support levels, it eventually breached the neckline of a head and shoulders pattern on February 9th before moving below both the 50-day and 100-day moving averages, indicating that bears still reign supreme in this market segment. Using Murrey Math Lines, we can see that Shiba Inu has moved below the bottom of its trading range and is now above the strong pivot and reverse level – potentially signaling further downside movement towards an ultimate support level at $0.0000090 (~18% lower than current levels). To ensure safety against any potential reversal movements, traders should place their stop loss orders at key resistance levels such as $0.000012 – a major S/R line for this coin pair’s performance over time..

Murrey Math Theory

Murrey Math Lines are mathematical concepts based on Gann theory which states that prices tend to trend and retrace within 1/8 intervals; with 0/8, 4/8, 8/8 being points of strong support or resistance respectively – making them useful indicators for gauging likely directionality within markets such as Shiba Inu’s native token pairings (i.e., SHIB/USD).

4H Chart Analysis

On closer inspection via a 4H chart we can observe how Shiba Inu’s price seems to be sitting just above a key support line located at around $0.000010 – which was also its year-low for 2021; while remaining beneath all other moving averages — possibly confirming our earlier prediction regarding bearish momentum in this specific asset class over time..

Conclusion

In conclusion, technical analysis using Murrey Math Lines suggests that Shiba Inu will continue to move down towards an ultimate support level located around$ 0.0000090 while simultaneously hovering slightly above a key support line located at around$ 0

Metacade: Play & Earn in the Biggest Online Arcade in the World!

• Metacade is a P2E gaming pioneer that seeks to become the world’s biggest online arcade.
• Investors are becoming increasingly excited about the potential of the platform due to its expansive virtual worlds and integrated play-to-earn mechanisms.
• The MCADE token presale has raised $7.6m in just 14 weeks, with strong forward momentum, and it is expected that the token will surge in price when it launches across exchanges.

Metacade: A Pioneering Platform for P2E Gaming

The blockchain gaming space is rapidly expanding as more investors turn to the possibilities of the metaverse. Metacade’s plans to become the biggest online arcade in the world are helping this brand-new platform stand out from its competitors. With an expansive range of games and unique earning possibilities for users, Metacade offers some of the best crypto opportunities found in GameFi space.

MCADE Token Presale Success

The recent launch of Metacade’s MCADE token presale event has generated a lot of excitement amongst investors who are eager to capitalize on this new opportunity. In just 14 weeks, Metacade has managed to raise $7.6m in funds through its presale event, showing that there is a strong appetite for this project amongst investors.

GameFi Sector Set To Grow

As blockchain gaming continues to disrupt traditional gaming models, projects like Metacade have great potential for success. The GameFi sector is forecasted to reach a $40 billion valuation by 2025, making now an opportune time for investors interested in capitalizing on this growing market segment. Most existing GameFi titles offer only one type of experience but with its upcoming range of games and additional earning streams outside traditional P2E mechanics, Metacade stands out as something special amongst other blockchain games platforms on offer today.

Strong Demand Predicted For MCADE Token Launch

When MCADE tokens are launched onto centralized and decentralized exchanges at the end of its presale event period, they will be available to all members of the public who wish purchase them – leading to an increase in demand which should result in a significant price rise for MCADE coins over time as word-of-mouth spreads about what makes Metacade so unique within blockchain gaming circles today.

Conclusion

As one can see, there is clearly good reason why investors have been drawn en masse towards investing in both MCADE tokens and also playing on Metcade itself: it offers gamers rich experiences alongside substantial passive income opportunities not found elsewhere within blockchain gaming spaces today – making it well worth keeping an eye out for what looks set to become one of 2023’s most interesting projects!

Binance CEO CZ Denies Reports of Delisting US-Based Tokens

• Binance CEO Changpeng ‚CZ‘ Zhao has denied reports that the exchange is looking to delist US-based tokens.
• Binance has been subject to a lot of FUD over the past few months, with negative coverage heightening following the collapse of crypto exchange FTX.
• The US Securities and Exchange Commission (SEC) recently said it was suing Paxos, the US-based issuer of the Binance USD (BUSD) stablecoin

CZ Denies Reports on Delisting US Tokens

Binance CEO Changpeng ‚CZ‘ Zhao has denied reports that his exchange is looking to sever ties with US-based projects. In a tweeted response to one of the reports, Zhao termed the report as „false.“ He went on to suggest that this wouldn’t be the case given „blockchain has no borders.“

Recent Negative Coverage

Binance has endured a lot of FUD over the past several months, particularly after the collapse of FTX. According to a Bloomberg report published on Friday, sources claimed Binance was looking to end relationships with its partners in the US, including banks. The crypto giant was also reassessing its venture investments in the country, the report added. However CZ noted that while acknowledging that Binance had indeed pulled back from some investment deals and takeover of bankrupt companies, this was just for now.

Suing Paxos

The SEC recently said it was suing Paxos, the US-based issuer of the Binance USD (BUSD) stablecoin. The regulator labelled BUSD as an „unregistered security.“ That on top pf New York Department of Financial Services ordering Bitfinex and Tether to cease operations in New York have made matters worse for Binance.

Focus on Education and Compliance

To counter all this negativity surrounding it, CZ suggested it would be better for exchanges such as Binace to focus on education, compliance and product & service rather than getting bogged down by FUDs and fake news attacks etc.

Conclusion

It remains unclear what actions will be taken by regulators towards exchanges such as Biance in future but at present CZ stands firm in denying any plans related delisting US tokens or ending relationships with US partners.

Tether Reports $700 Million Profit in Q4 2022

• Tether recently published its Q4 attestation report, revealing a net profit of $700 million in the quarter.
• This is in addition to the company’s reserves, and the report was attested by accounting firm BDO.
• Tether’s consolidated total assets amounted to at least $67.04 billion as of Dec. 31, 2022, with excess reserves of at least $960 million reported.

Tether Reports $700 Million Net Profit

Stablecoin issuer Tether recently published its fourth quarter attestation report for 2022, revealing a net profit of $700 million for the period. This comes in addition to the company’s reserves and was attested by accounting firm BDO.

Consolidated Assets

As of December 31st 2022, Tether’s consolidated total assets amounted to at least $67.04 billion with excess reserves of at least $960 million reported. The company stated that it holds its majority investments in cash, cash equivalents and other short-term deposits which remain liquid throughout the year despite ongoing bear market conditions.

Ending Secured Loans

This news comes just two months after Tether pledged to stop issuing secured loans from its reserves after their December report was released. A company spokesperson commented on this decision saying “It’s basically additional capital sitting in the company to further strengthen Tether.“

Comment From CTO

When commenting on this latest cryptocurrency news, CTO Paolo Ardoino said; „Tether once again proved its stability in the troubled year of 2022… Not only were we able to smoothly execute over $21 billion dollars in redemptions during the chaotic events of the year… but Tether has also issued over $10 billion USDT an indication of continued organic growth and adoption of Tether.“

Conclusion

In conclusion, this is first time that stablecoin issuer has revealed any figures regarding profit and it remains unclear how exactly these profits have been made by them but nonetheless it shows sound financial footing for such a large corporation within the cryptocurrency space.

Institutional Investors Flock to Ethereum and Other Cryptos, Bullish Outlook for 2023

• 60% of institutional investors are bullish on Ethereum, believing it will be a better investment in 2023.
• Bitcoin is also seen as having huge potential, while other coins attracting institutional investors are Polkadot, Cardano and XRP.
• Speculative interest and exposure to distributed ledger technology are the main reasons for increased interest.

Institutional investors are increasingly bullish on Ethereum, the second largest cryptocurrency by market cap. At the time of writing (27 January 2023), Ethereum’s market cap stood at nearly $190 billion, while Bitcoin’s market cap was over $482 billion.

CoinShares, a digital assets manager, recently published the results of its latest Digital Asset Quarterly Fund Manager Survey. The survey found that 60% of respondents – major wealth managers, family offices, hedge funds and financial advisors – believe Ethereum has a better growth outlook in 2023 than was the case going into the third quarter of last year. This is a 20% increase in bullish sentiment since the same survey in October 2022, when 40% of respondents had indicated a bullish outlook.

The main reasons for the increased interest in Ethereum are speculative interest and exposure to distributed ledger technology. Many institutional investors are now looking to include cryptocurrencies in their portfolios, and Ethereum is a top choice due to its established network and smart contract functionality.

The survey also found that Bitcoin is seen as having huge potential, with many institutional investors believing it will continue to dominate the market. Other coins that are attracting institutional investors are Polkadot, Cardano and XRP.

The increasing bullish sentiment of institutional investors towards Ethereum is a clear indication of the growing popularity of cryptocurrencies in general. As cryptocurrencies become more widely accepted, more and more investors are likely to become interested in the space. It remains to be seen if Ethereum can maintain its current level of popularity as other coins continue to rise in value.

Bullish Institutional Investors Drive Ethereum’s Market Cap to Over $190 Billion

• 60% of institutional investors are bullish on Ethereum as its market cap stands at over $190 billion.
• Speculative interest and exposure to distributed ledger technology are key reasons for increased interest in Ethereum.
• Bitcoin is also seen as a potential investment by institutional investors, while other coins attracting institutional investors include Polkadot, Cardano and XRP.

Institutional investors are increasingly showing bullish sentiment towards Ethereum, the second largest cryptocurrency by market cap, according to the latest survey results published by digital assets manager CoinShares. As of 27 January 2023, Ethereum’s market cap stands at over $190 billion, while its much larger peer, Bitcoin, stands at over $482 billion.

CoinShares’ Digital Asset Quarterly Fund Manager Survey suggests that the bullish sentiment around the top altcoin has increased by 20% since the last survey in October 2022, with 60% of respondents from major wealth majors, family offices, hedge funds and financial advisors, believing Ethereum has a better growth outlook in 2023. This is in comparison to the 40% of respondents who had indicated a bullish outlook for the leading smart contracts platform in October.

The increased interest in Ethereum appears to be driven by speculative interest and exposure to distributed ledger technology, with institutional investors also looking at Bitcoin and other coins as potential investments. Other coins which are attracting institutional investors include Polkadot, Cardano and XRP.

CoinShares’ survey also revealed that cryptocurrency assets under management (AUM) had grown by $7 billion since October, with the majority of the increase coming from institutional investors. The survey also noted that crypto derivatives saw a 21% increase in AUM, while crypto spot AUM grew by 7%.

The survey also revealed that institutional investors are increasingly looking to build a diversified portfolio of digital assets, with 80% of respondents indicating that they are holding three to five different coins. This is up from the 70% of respondents who reported the same in October.

The survey also showed that institutional investors have a positive outlook for the cryptocurrency market in 2023, with 40% expecting a bull market. This is up from the 20% of respondents who expected a bull market in October.

Overall, it appears that institutional investors are becoming increasingly bullish on Ethereum and other cryptocurrencies, with their speculative interest and exposure to distributed ledger technology driving increased interest. With AUM growing and a positive outlook for the cryptocurrency market in 2023, it is likely that institutional investors will continue to be bullish on Ethereum and other cryptocurrencies in the coming months.

Silvergate Suspends Dividends to Preserve Capital Amid Crypto Turbulence

• Crypto bank Silvergate announced it is suspending dividend payments on its Series A preferred stock.
• The company reported a $1 billion loss in the fourth quarter and has cut its staff by 20%.
• Silvergate shares fell more than 11% pre-market after the announcement.

Crypto-friendly bank Silvergate has recently announced that it is suspending payment of dividends on its series A preferred stock. This decision was taken in order to help preserve capital following the effects of recent turbulence across the crypto ecosystem. The news caused Silvergate shares to fall more than 11% in pre-market trading.

Silvergate reported a $1 billion loss in the fourth quarter and has cut its staff by 20%. This was due to the crypto bear market and the impact of the collapse of FTX, a crypto exchange. Silvergate’s board of directors will re-examine the company’s payment of quarterly dividends at a later date, depending on how market conditions evolve.

The move to suspend dividend payments on its series A preferred stock demonstrates Silvergate’s focus on maintaining a highly liquid balance sheet with a strong capital position as it navigates recent volatility in the digital asset industry. This decision was taken in order to ensure the long-term sustainability of the company, and to remain competitive in the crypto banking industry.

Silvergate is one of the few banks in the US that provides banking services to cryptocurrency businesses. It has seen tremendous growth over the past few years, with its total assets increasing from $2.2 billion in 2017 to over $3.5 billion in 2020. The company has also seen a rise in its customer base, with over 800 crypto-related companies now using its services.

Despite the recent news, Silvergate remains confident in its long-term prospects. The company is continuing to invest in technology and infrastructure in order to strengthen its position in the market. It is also expanding its services to include digital asset trading, custody, and securities clearing.

Although the news of dividend suspension is not ideal for investors, Silvergate is taking the necessary steps to ensure its long-term success. With a focus on maintaining a strong capital position, the company is well-positioned to remain competitive in the ever-evolving crypto banking industry.

Fintech Revolution: Get Ready for 2023’s Trends, Technologies and Regulations

• Cryptocurrency is set to be a major trend in 2023, with increased adoption and regulation.
• Embedded financial systems and innovating in the digital age will also be key trends.
• The coming year is expected to be a watershed moment for the broader fintech industry.

The world of fintech is rapidly evolving, and 2023 is set to be a watershed moment for the wider industry. With the emergence of new technologies, trends and regulations, the coming year is expected to bring a number of exciting changes to the industry.

Cryptocurrency and cross-border payments are set to be major trends in the coming year. As cryptocurrency continues to gain greater adoption, governments and regulatory bodies have increased their monitoring and control of the industry. Although this has resulted in the exit of many rogue actors, it has also helped to restore customers’ faith in the sector. Companies such as Bitcoin 360 AI are working hard to restore customers’ trust and help the sector grow healthily.

Another trend that is expected to gain traction in 2023 is embedded financial systems. With the emergence of open banking, companies are increasingly looking to embed financial services into their products. This will help to provide customers with a more seamless experience and enable companies to offer more tailored financial services.

Innovating in the digital age is also a major trend that is expected to gain traction in the coming year. As companies continue to invest in digital transformation, they are looking to adopt technologies such as artificial intelligence, machine learning and blockchain to provide customers with more innovative products and services.

Finally, the rise of financial technology has also created a need for increased security and compliance. With the emergence of new technologies and regulations, financial institutions are increasingly looking to upgrade their systems and processes to ensure that they are compliant with the latest regulations.

The coming year is expected to be a watershed moment for the fintech industry. With the emergence of new trends, technologies and regulations, 2023 is set to be an exciting year for the industry. Companies need to stay ahead of the curve and be prepared to embrace the changes in order to remain competitive.

GALA Crypto Price Surge: 250% Increase After New Developments

• Gala crypto price has surged by over 250% from the lowest point in December.
• The surge is attributed to a deal with The Rock to produce two films, introduction of mobile gaming in the ecosystem and a new pay by burn approach.
• The pay by burn approach will see all purchases made with the GALA token get burned and added to an emissions pool.

GALA crypto price has been on a steady rise since the start of 2023, and recently surged to a high of $0.054 which was about 250% from its lowest point in December. There are various reasons why the GALA token price has surged so much, and the main three are outlined below.

Firstly, the developers of GALA announced a deal that will see the network partner with The Rock to produce two films. The Rock is one of the most famous actors in the industry and has starred in some of the top-selling movies of all time. However, soon after the announcement, the tweet was deleted without any explanation.

Secondly, the developers also announced that they are incorporating mobile gaming into their ecosystem. This means that developers will be able to create games that can be downloaded on Android and iOS stores, giving them access to a huge market as there are currently over 5 billion smartphone users globally.

Finally, the most recent reason why the GALA token has surged is the new introduction of the pay by burn approach. This means that all purchases made in GALA’s ecosystem using the GALA token will see it get burned. The burned GALA tokens will then be added to an emissions pool to be re-distributed to the users of the network.

Overall, the GALA crypto price has risen significantly in the past few weeks due to the various developments made by the developers of the network. The deal with The Rock, the introduction of mobile gaming on the platform and the pay by burn approach have all contributed to the surge in price. This is likely to increase even further as more developments are made to the network.