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Messages - Lorix

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451
Several signs are pointing to a new bear market for Bitcoin as mining chip manufacturers are feeling the pinch from the halving and the global economic downturn.
Bitcoin (BTC) has failed to challenge the multi-year resistance of $10,500 since the beginning of June 2020. This extended period of chop will ultimately result in one of two inevitable outcomes. 

Either a massive green candle to catch bears off guard or a period of profit-taking that will see the leading digital crypto-asset fall to sub $8K levels in the coming weeks. 

But what signs can we look out for to determine which direction the largest cryptocurrency by market capitalization will go?
More information: https://cointelegraph.com/news/bitcoin-price-consolidating-but-what-happens-if-9k-support-is-lost

452
The derivatives-centric exchange has amassed an all-star roster of early investors ahead of its Q3 launch.
DerivaDEX, a decentralized exchange focused on the trading of derivatives contracts, has come out of stealth ahead of a proper launch later this year. And it already has a sizable list of well-known backers onboard.

The exchange has already raised $2.7 million in financing through a pair of rounds, bringing on such investors as Polychain Capital, Coinbase Ventures, Electric Capital, Dragonfly Capital Partners, CMS Holdings, Three Arrows Capital, Compound strategy lead Calvin Liu, and cryptocurrency researcher Phil Daian.
More information: https://decrypt.co/34629/meet-derivadex-a-coinbase-backed-decentralized-derivatives-exchange

453
I learned the details about the Ezystayz project. The project depends on traveling. However, I have visited the exchanges. Ezystayz's price is much lower. There is no sign of growth. However, the CEO should think about improving the project.

454
I read this project. This project ideas awesome. PayAccept project will be successful. I am interested for PayAccept platform.           

455
UNICEF’s crypto fund is looking for blockchain startups from emerging countries that tackle COVID-19 and humanitarian challenges.
Over the past four years, the United Nations International Children’s Fund has been investing in startups applying open-source technology, hoping to make the world a better place, but is looking to step up its game even further now.

Cecilia Chapiro, an investment advisor at UNICEF Ventures, told Cointelegraph that UNICEF had launched its innovation fund in 2016 with the goal to support emerging technologies being built in developing countries. Since then, UNICEF has invested in over 50 startups across 35 countries. “We invest in technologies that have the potential to influence billions of people, especially children in emerging countries,” Chapiro said.
Read on: https://cointelegraph.com/news/unicef-crypto-fund-to-invest-100k-in-humanitarian-blockchain-projects

456
After months of delays, and a $150 million cash injection, the EOS-based Voice platform is now open for viewing.
The EOS-based crypto-based social media platform first conjured up by Block.one, Voice, today opened its doors to the public.

Anyone can now sign up to browse the site, which essentially functions as a decentralized version of Facebook or Medium. However, those looking to publish on the site will still be required to register until August 15.
More information: https://decrypt.co/34598/crypto-social-media-platform-voice-finally-launches-on-eos

457
HyperChain Capital CEO says DeFi provides potential growth and investment opportunities for the digital assets management firm.
Decentralized finance, or DeFi, offers potential growth opportunities said the chief executive of digital assets management company HyperChain Capital.

HyperChain CEO Stelian Balta said DeFi “has a huge opportunity to grow” and that digital currencies and blockchains are something the company continues to look on with interest.
More information: https://cointelegraph.com/news/defi-offers-potential-investment-opportunities-said-hyperchain-capital

458
Casa finds ElectrumX to be the “best bang for the buck” for server implementations after test.
Crypto custody firm Casa released results from its test to find a new way to connect to the Bitcoin network and found ElectrumX had the best bang for the buck.

Casa founder and cypherpunk Jameson Lopp noted the custody firm recently rewrote its backend infrastructure to support Electrum based on the tests.
More information: https://cointelegraph.com/news/casa-releases-results-on-server-implementation-test

459
Bridgewater CIO Ray Dalio claims capital markets are no longer free as central banks drive more of the economy.
Ray Dalio, the billionaire hedge fund manager and founder and chief investment officer of Bridgewater Associates, believes capital markets are no longer free.

Speaking to Bloomberg, Dalio said markets have changed a lot so central banks like the Federal Reserve no longer act within the confines of the traditional economic system.
More information: https://cointelegraph.com/news/dalio-says-capital-markets-are-not-free-as-central-banks-drive-economy

460
Roger Ver recently told podcast listeners the future of surveillance could swing either way—but crypto will have a say either way.
The man known as “Bitcoin Jesus”, Roger Ver, laid out his vision of heaven and hell for the future of the cryptocurrency space in a recent podcast appearance.

Speaking on the Follow the White Rabbit podcast, Ver told host Alex Kehaya that emerging technological systems like cryptocurrency could swing the fate of personal sovereignty either way.
Read on: https://decrypt.co/34588/roger-ver-future-crypto-surveillance

461
NULS core developer “Berzeck” speaks on the state of blockchain technology in Latin America.
Blockchain could bring technological revolution in Latin America said Mario Blacutt, NULS core developer and Nerve Network founder, in an exclusive interview with Cointelegraph. Blacutt revealed his thoughts on the region’s blockchain environment and the hurdles he faced after former Bolivian President Evo Morales banned cryptocurrencies in 2014.
More information: https://cointelegraph.com/news/building-blockchains-secretly-in-south-america

462
The price of Bitcoin is consolidating below $9,300 but this isn’t necessarily bearish as a major breakout may be in the works.
The price of Bitcoin (BTC), the top-ranked cryptocurrency by market capitalization, has been ranging between $8,600 and $10,500 since the halving. During the two-months’ sideways action, the market started to heat up and altcoins entered the spotlight.

Additionally, traders and investors are constantly debating whether BTC price is still in bull or bear territory. Let’s take a closer look at the charts to where Bitcoin may be headed next.
More information: https://cointelegraph.com/news/bored-with-bitcoin-this-btc-price-level-is-key-for-a-big-breakout

463
A lack of regulatory clarity means that technical innovation in India's crypto market is being crippled, say Ripple execs.
India’s “grey zone” of digital asset regulation is preventing banks and institutional investors from entering the crypto space, stifling the industry. That's the verdict of two senior Ripple leaders based in the country.
Read on: https://decrypt.co/34490/indias-regulatory-uncertainty-stifling-crypto-investment-says-ripple

464
Cryptocurrency gives people a voice in controlling their own monetary policy. This is kryptonite to the money-printing Fed, says Weiss Ratings.
Bitcoin is immune to Federal Reserve’s excessive money printing, say the blockchain analysts at Weiss Crypto Ratings, who this week decried the latest decision by the Fed to buy out junk corporate bonds at 7-to-1 leverage.

The bailout, announced last month, will see a further $750 billion pumped into the corporate credit market. The money will provide additional liquidity and credit for larger companies.
Read on: https://decrypt.co/34576/bitcoin-monetary-policy-fed-bailout

465
Developers can employ bots to help create and monetize dapps, particularly in DeFi.
Following an initial alpha rollout in February, Gelato, an automation protocol, has launched on the Ethereum mainnet, meaning it can now be used to deploy bots to execute smart contracts for decentralized applications..

Gelato Network provides the infrastructure for developers to build and monetize their dapps, all without having to write smart contract code or provide bespoke node infrastructure.
Read on: https://decrypt.co/34571/ethereum-gelato-network-ifttt-bots

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