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Gala Price Keeps Pumping Higher After Wahlberg and the Rock Deal

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Gala Games (GALA) recently made headlines as GALA’s price surged by almost 60% in one day after an announcement that they’ll be partnering with actors Dwayne ‘The Rock’ Johnson and Mark Wahlberg in producing films for their ecosystem.

The partnership also includes Gala Music and Gala Films as part of the Gala ecosystem. Gala Games also discussed potential future uses for the blockchain in the film industry, such as putting QR codes on movie tickets and for digital item redemption via platforms such as Netflix.

Gala has seen a 124% increase over the past four days and is currently trading at $0.04157, with an additional 2.64% increase on the day at the time of writing. Can the cryptocurrency move further to the upside all the way to $1? Just how high can the GALA’s price go from here?

Gala Price Prediction and Technical Analysis

Exponential Moving Average (EMA) and GALA’s Price

After the GALA consolidated above the 50-day EMA for a couple of days, the price had an explosive bounce on January 8 breaking out from the resistance range of $0.02385 to $0.02469 and 100-day EMA resistance, closing with a 47.58% gain for the day.

As of writing, GALA’s price is trading above the short to long-term EMAs which suggests that the bias for the immediate future is bullish. Furthermore, the 20-day EMA is attempting to cross the 50-day EMA. A bullish alignment of EMAs is the next target for the cryptocurrency. This could further confirm its bullish momentum and is likely to create another higher high.

How Relative Strength Index (RSI) Could Impact GALA Price

In recent days, the cryptocurrency GALA has seen a significant increase in value, with its RSI trading in oversold levels for the past three days. Despite this, the price of GALA has dipped slightly, wicking off of the resistance range of $0.04330 to $0.04442.

Additionally, the volume of GALA traded has been relatively low compared to the last two days. This could indicate that a retracement for GALA may be due in the next couple of days.

GALA Price Prediction and Moving Average Convergence Divergence (MACD)

On January 2, a bullish crossover was observed on GALA’s charts. This pattern, which is characterized by the separation between the faster moving average and the slower moving average, has been consistently growing, as measured by its histogram.

Additionally, the MACD line together with the signal line has crossed over the zero line, providing further indication of the potential bullish trend.

Support and Resistances of GALA Price

After consolidating above the 50-day EMA, GALA has surpassed plenty of resistance levels in a span of 3 days after eventually experiencing some resistance around $0.04330 to $0.04442. With the GALA price retesting this level earlier this day and eventually getting rejected, a buyer’s exhaustion may be occurring and a retracement may be due.

Key levels to watch out for are the support level of $0.03882 to $0.03945 where the price could potentially bounce for the next couple of days. The immediate resistance range is $0.04330 to $0.04442.

Other Cryptocurrencies to Invest In

In the wake of a hopeful cryptocurrency market recovery in 2023, investors are turning their attention to a selection of promising altcoins set to hit exchanges this year. Among the standouts are D2T, FGHT, RIA, and TARO. Savvy investors are taking advantage of the current presale prices and positioning themselves for potentially lucrative gains in the future.

Dash 2 Trade (D2T) Dashes Towards Presale Close

Dash 2 Trade, a new cryptocurrency trading platform set to launch in February, is poised to revolutionize the way traders interact with their investments. The platform boasts a wide range of features that give users complete oversight and control over their investments, as well as a host of resources and a community that will help traders make informed decisions.

With Dash 2 Trade, novice traders have access to the information they need to make smart choices and learn, while more experienced and new investors alike can utilize automated trading with exchange APIs and improve their strategies. The platform’s token presale scoring system also provides investors with early insight into some of the most promising tokens on the market.

Other key features of Dash 2 Trade include real-time sentiment surveillance, automated tools, and powerful analytics. The platform also benefits from a strong following from the start, thanks to its parent company, Learn 2 Trade, which already boasts an international membership base of over 70,000 traders. The team behind Dash 2 Trade will also actively seek customer feedback to ensure a smooth user experience.

Dash 2 Trade’s presale has already exceeded expectations, raising over $15.4 million. The platform is now offering up to an additional $2 million worth of tokens as it counts down to its last few hours of the presale. Investors wanting to take a position on the project before it hits the public markets such as Gate.io will need to act fast.

Visit Dash 2 Trade Now

Fight Out (FGHT) Will Pack a Punch in Fitness Industry

Fight Out, an innovative new mobile application and gym chain, is set to revolutionize the fitness industry with its unique approach to encouraging users to live an active and healthy lifestyle. The company is introducing a cutting-edge, NFT-based avatar system that allows users to monitor their progress in real time and compete for rewards as they reach their fitness goals.

In addition to the app, Fight Out will be launching the first of its pioneering Web3-integrated gyms later this year. These state-of-the-art facilities will feature an array of amenities such as fitness stations, health bars, studios, and co-working spaces for members to use. The gyms will also include cutting-edge technology such as “mirrors” that allow users to bring their digital fitness profiles into real life and gain insights into their workouts. Fight Out has also partnered with seasoned boxers and other renowned athletes to offer exclusive events and workout sessions at its gym locations.

The Fight Out app will also offer users customized workout plans developed by experienced health experts, as well as performance analytics and progress monitoring tools to help them achieve their fitness goals. Users will also have the opportunity to share inspiring stories and connect with others through the app’s community features.

The company has already raised nearly $2.66 million during its FGHT token presale, and is backed by prominent organizations such as LBank Labs, Cryptonews.com, Transak and BlockMedia Labs, which are providing financial and operational assistance to support the project. Investors who buy FGHT today can enjoy up to a 50% bonus during the presale at its ground floor price.

Fight Out’s unique approach to fitness, which combines fun, community, and technology, is poised to drive the adoption of Web3 technologies and incentivize users to live an active and healthy lifestyle. The company is now ready to bring it to market, with innovative solutions to the fitness industry that is sure to shake it up and make a difference.

Visit Fight Out Now

Calvaria (RIA) to Bring Battle Cards to Mobile

Strategy gamers of all experience levels have a new mind-sharpening experience to look forward to with the launch of Calvaria: Duels of Eternity, a crypto-based strategy game that immerses players in an afterlife-themed realm. Unlike other collectible card games, Calvaria features 3D imagery on its cards, creating a more immersive gaming environment, and is also available to play on mobile via iOS and Android devices.

In the game, players will assemble their own deck of unique character cards and battle against others, with victorious players being rewarded with eRIA tokens to use in Calvaria’s peer-to-peer marketplace. The marketplace will offer a large variety of cards for constructing strategies and players can sell extra cards to upgrade existing characters or acquire new ones. With the rewards earned in battle, the possibilities for strategizing are endless.

Calvaria is also launching a free-to-play version, gifting new players with a starter deck. As players dive deeper into the adventure, they will be able to measure how much eRIA currency they would have acquired if playing in Calvaria’s Play-to-Earn mode, thus encouraging players to sign up for the play-to-earn version and helping them enter the world of Web3 gaming.

Investors are also taking notice, as evidenced by the $2.7 million raised in presale for the game’s token so far, as it quickly approaches its goal of $3 million. With its unique features and smart approach to gaming, Calvaria: Duels of Eternity is poised to become the next big thing in crypto-based strategy gaming.

Visit Calvaria Now

RobotEra (TARO) Looks to Bring Gamers to Web3

An intriguing new building game, RobotEra, is set to hit the market in the coming year. The enthralling play-to-earn (P2E) metaverse game will allow gamers to embark on fantastic quests and restore the devastated planet of Taro from a catastrophic event. The game will feature user-friendly tools that even novice players can use to construct NFT-based robots with ease, or trade them for TARO tokens in RobotEra’s marketplace.

One of the key selling points of RobotEra is the freedom it will give players to unleash their creativity and explore an enchanting world where their imagination is the only limitation. RobotEra will take metaverse building and Web3 gaming to new heights by delivering augmented reality (AR) and virtual reality (VR) into the mix as well.

This heightened level of immersion is expected to create a captivating world-building experience for players, and also has potential to help players generate additional income through AR/VR asset development. The game will allow players to participate in quests and contribute to the in-game economy to earn rewards.

The presale of RobotEra has generated $697K in sales thus far, and it is narrowing in on the $1 million mark.

Visit RobotEra Now

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US National Debt Reaches a Record of $33 Trillion: Economic Crisis in Perspective

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The US National Debt has reached a new historic milestone by surpassing the astonishing figure of $33 trillion, according to the most recent fiscal reports. This dizzying increase occurred in less than a year since the debt limit was set at $31.41 trillion in January 2023. This article will analyze the factors behind this unprecedented increase, the role of the debt ceiling, and the implications this has for the American and global economy.

A Limit That Is Constantly Challenged

The debt ceiling is a limit imposed to control how much the U.S. Treasury can actively borrow. It is a crucial tool for maintaining fiscal balance, but throughout history, it has been raised on more than 100 occasions, raising questions about its long-term effectiveness.

Driving Factors of the US National Debt

Several factors contribute to this escalation of the national debt. The response to the COVID-19 pandemic and the assistance provided to Ukraine are significant elements. Additionally, inflation is on the rise, with the United States Consumer Price Index (CPI) reaching a concerning 3.7%. These elements have put pressure on national finances.

The Challenge of Avoiding a Government Shutdown

The United States faces pressure to avoid a government shutdown, as there are only seven legislative days to make crucial decisions. A Defense Appropriations Bill is pending and is considered essential to ensure long-term government funding. However, a collective effort is still required to prevent both a government shutdown and a crisis of the U.S. National Debt.

The Political Perspective

House Minority Leader Hakeem Jeffries points out that the responsibility lies in the hands of the Republicans, but the fight to alleviate the debt burden on American citizens continues. His focus includes pursuing measures that make life more affordable for citizens, cost reduction, creating better-paying jobs, and strengthening communities, among other objectives.

In Conclusion…

The US National Debt has surpassed $33 trillion, marking a historic record and posing significant economic challenges. The decision to raise the debt ceiling once again and the measures taken to address this growing crisis will have a lasting impact on the United States’ economy and its global influence. Time will tell how this situation is resolved and what measures are taken to ensure financial stability in the future.

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These 3 AI Crypto Coins are Bullish in 2023 – Render, Fetch.ai, yPredict

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ai crypto, bitcoin price, bearish market
Image by Gerd Altmann from Pixabay

The influence of artificial intelligence (AI) on various sectors is no longer news, and the crypto industry is no exception. In the crypto market, the impact of AI is becoming increasingly evident. AI-centric projects are creating a ripple effect that is influencing the value of their associated cryptocurrencies. Among the multitude of AI-driven initiatives in the crypto space, projects like Render, Fetch.ai, and yPredict are making their presence felt.

As the broader crypto market faces challenges, with Bitcoin struggling to maintain its price above the $25,500 mark, these AI crypto projects offer a glimmer of stability. They present use-cases that extend beyond mere speculation, integrating technological advances into functional, real-world applications. 

In a market where many alt coins are finding it hard to sustain their price, these AI-focused tokens offer a promising avenue for future growth. Their impact is not just limited to the crypto market; they have the potential to drive advancements across various sectors, from entertainment to finance and beyond.

Visit yPredict Here

The Rendering Revolution: What Makes Render a Noteworthy AI Crypto Project

Render focuses on providing solutions for GPU-based rendering. The project makes the complicated process of converting 2D or 3D computer models into lifelike images more accessible. By allowing people to use their idle GPUs to complete rendering tasks, the platform democratizes the cloud rendering process.

The project was founded by Jules Urbach, who is also known for founding OTOY, a company specializing in cloud rendering services. Another key player in the project is Ari Emmanuel, who currently serves as the co-founder and co-CEO.

According to their distribution plan, 25% of the native Render Token (RNDR) is open to the public, 10% is being kept in reserve, and the remaining 65% is set aside for network operations. The RNDR token plays a central role in the platform’s economy, as it is used to pay for rendering and streaming services.

A recent blog post by the Render team outlined the primary use cases of the RNDR token. These include protecting rights, monetizing content, and empowering individual creators. Users who offer rendering services on the platform can earn RNDR tokens, which can be bought, sold, and held as an investment on various crypto exchanges.

The Automation Advantage: Fetch.ai’s Role in the AI Crypto Sector

Fetch.ai is another player in the AI crypto arena, simplifying daily tasks through AI and blockchain. The platform uses something called a ‘digital twin,’ a virtual bot that represents you and can perform tasks like comparing flight prices across different websites.

These digital twins can also learn and share experiences with each other. For example, if you want to plan a vacation similar to one your friend enjoyed, the digital twins can negotiate the details, sparing you the need for exhaustive research.

Fetch.ai is not just for personal tasks; it’s also finding a role in decentralized finance (DeFi). Within the crypto market, it can identify tokens that are cheaper on one exchange than another and execute purchases on your behalf.

The native token of the platform, FET, serves multiple purposes. It fuels the internal economy of the platform and is used to access various services. Staking FET tokens not only earns interest but also grants users a say in the platform’s future. Requiring FET tokens to deploy a digital twin acts as a safeguard against spam and malicious bots.

yPredict: A New Chapter in AI-Driven Crypto Analysis

While yPredict is still in its presale stage, it has already attracted a significant amount of interest. The platform has raised over $3.81 million of its targeted $4.6 million, with each YPRED token priced at $0.1. Built on the Polygon Matic chain, yPredict will work with YPRED tokens that have a multitude of uses within the platform.

One of the main features of yPredict will be its prediction marketplace. Here, financial data scientists can offer their predictive models as a subscription service. Traders can then subscribe to these models using YPRED tokens, gaining access to valuable trading signals and forecasts. The setup allows data scientists to monetize their predictive models without having to manage trading operations.

In addition to the prediction marketplace, YPRED tokens will be used for other functions, like analyzing various cryptocurrencies and gaining access to data-driven insights. Token holders can also stake their tokens in high-yield pools, which derive their liquidity from 10% of each new user’s YPRED deposit.

Understanding yPredict’s tokenomics will be important for those who plan to use the platform. The total supply of YPRED tokens is set at 100 million, with 80 million allocated for the presale. The remaining tokens are reserved for liquidity and development purposes. 

Beyond their utility in the marketplace, YPRED tokens will allow holders to participate in voting processes, contributing to the decision-making within the yPredict ecosystem.

yPredict plans to offer more than just price predictions. The platform will also feature a range of analytical tools, including pattern recognition, sentiment analysis, and transaction analysis. These tools will automatically detect chart patterns, analyze news and social media content related to the asset under consideration, and generate useful data-driven insights.

Adding to its trading focus, yPredict is also developing an AI-powered backlink estimator. The tool is trained on over 100 million links and will predict the backlink profile needed for a site to rank for a specific keyword. 

Initially launched as a free preview, the feature received over 5,000 requests within the first 24 hours. It’s now available to the public at a price of $99 per query, according to a recent tweet from yPredict’s official account.

In summary, as the crypto market faces uncertainty, AI-driven projects like Render, Fetch.ai, and the soon-to-be-launched yPredict offer a glimpse of stability and practical utility. These platforms are not just about speculation; they work to solve real-world problems, extending their influence beyond the volatile crypto market.

Visit yPredict Here

Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.

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Bitcoin Price Prediction as Crypto Market Selling Continues – What’s Going On?

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Amid a continued selling trend in the crypto market,  Bitcoin‘s value experiences notable fluctuations. As of now, the live price of Bitcoin stands at $25,090, with an impressive 24-hour trading volume of $14.7 billion. 

However, despite its market dominance—reflected in its #1 ranking on CoinMarketCap—Bitcoin has seen a dip of nearly 3% in the past 24 hours. 

The currency’s live market capitalization is a whopping $488.83 billion, and out of its maximum supply of 21 million BTC coins, 19,482,656 BTC are currently in circulation. 

The pressing question on everyone’s mind is: What’s causing this market upheaval?

Bitcoin Price Prediction 

Delving into the technical analysis of Bitcoin, it is evident that the premier cryptocurrency has recently witnessed a stark downturn.

Specifically, it has breached a significant triple bottom support at the $25,400 level—a benchmark that had been underscored by the triple bottom pattern visible on the 4-hour timeframe. 

The presence of the “Three Black Crows” candlestick pattern on this same timeframe further augments the prospects of a continued bearish trend.

Presently, Bitcoin is navigating the oversold territory. Oscillator indicators, like the Relative Strength Index (RSI), are lingering below the 30 mark, which typically suggests seller exhaustion. 

Such a dynamic often paves the way for a brief bullish correction prior to a potential resumption of the downtrend. Concurrently, the Moving Average Convergence Divergence (MACD) indicator has entrenched itself in the sell zone, with histograms forming below the zero line—another beacon of bearish sentiment. 

The 50-day Exponential Moving Average (EMA) is positioned around $25,500, and with Bitcoin currently priced at approximately $25,200, and consistently trading below the 50 EMA, the bearish bias remains robust.

Bitcoin Price Chart – Source: Tradingview

From this technical analysis point, Bitcoin is poised to encounter resistance around the $25,400 level. 

A modest bullish correction up to the $25,600 level might merely be a precursor to a deeper dive, potentially targeting the next support level at $24,800. 

If Bitcoin was to decisively undercut the $24,800 level, the subsequent support is anticipated around the $24,000 mark. It’s also worth noting a descending trend line, currently posing as a significant barrier around the $25,600 mark. 

However, should Bitcoin muster a bullish breakout above this line, the gates might open for a rally towards the $26,400 level or even as high as $46,000.

In summation, the $25,600 level emerges as a critical juncture, likely serving as today’s pivotal point in the trading landscape.

Top 15 Cryptocurrencies to Watch in 2023

Get ahead of the game in the world of digital assets by checking out our carefully curated selection of the top 15 alternative cryptocurrencies and ICO projects to watch for in 2023. 

Our list is compiled by industry experts from Industry Talk and Cryptonews, so you can expect professional recommendations and valuable insights for your cryptocurrency investments. 

Stay updated and discover the potential of these digital assets.

Find The Best Price to Buy/Sell Cryptocurrency

Cryptocurrency Price Tracker – Source: Cryptonews

Disclaimer: Cryptocurrency projects endorsed in this article are not the financial advice of the publishing author or publication – cryptocurrencies are highly volatile investments with considerable risk, always do your own research.

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