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Pokemon GO: A Very Slow Discovery Challenge Explained

Pokemon GO’s A Very Slow Discovery Challenge reveals Slowpoke and its Galarian forms. Players can also get Slowbro and Slowking.

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Pokémon

Pokemon GO: A Very Slow Discovery Challenge Explained

Pokemon GO: A Very Slow Discovery Challenge Explained / Photo Courtesy of Niantic

Pokemon GO’s A Very Slow Discovery Challenge lets players encounter Slowpoke, Galarian Slowpoke, Mega Slowbro, and Galarian Slowbro. From catching certain Pokemon to receiving special items, Pokemon GO’s five-day challenge boasts many activities for fans.

Pokemon GO’s A Very Slow Discovery Challenge began on June 8 at 10 a.m. and will end on June 13 at 8 p.m. local time.

Along with the debut of new Pokemon, this challenge features special Timed Research tasks, and a Collection Challenge.

When tackling the Collection Challenge, players need to catch the different versions of Slowpoke, as well as its evolution forms.

As for the Field Research Tasks, players are required to catch eight Water-type Pokemon, and eight Psychic-type Pokemon. Fans will also have to evolve a Psychic-type Pokemon.

After finishing these Field Research tasks, players will be rewarded with various Slowpoke encounters.

The prizes for this event include 3,000 bonus experience points, 30 Ultra Balls, and a Slowpoke Forever Shirt for your avatar.

When you’ve encountered and caught Slowpoke and its different forms, you should evolve it into Slowbrow in order to receive all of the prizes. You will need 50 Slowpoke Candy when evolving Slowpoke into Slowbro.

As for Slowking, players will need a King’s Rock and 50 Candy.

Source: https://www.dbltap.com/posts/pokemon-go-a-very-slow-discovery-challenge-explained-01f7rfw2g1gk?utm_source=RSS

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Velas Launches $5 Million Funding Program

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Press Release: Velas is proud to announce the launch of a $5 million funding program to support the growth of the Velas ecosystem and expand our reach in the new Web 3.0 epoch

3rd August, 2021, Zug, Switzerland  – Today Velas are announcing the launch of a major funding program for projects to build upon the Velas Blockchain, driving innovation to the fastest blockchain on the planet — to the tune of $5 million total.

Velas are inviting projects and developers to join their ecosystem of user-friendly, transparent and privacy-respecting products built on top of the Velas blockchain. Just port code from Ethereum, or develop on their native chain, to deploy applications within minutes.

For full technical details on the Velas Funding Program, click HERE.

Investments – What Can Participants Submit?

Investment sizes can be up to $100,000 per project. The general Grant Program is designed to fund projects covering a wide range of topics, including, but not limited to:

  • DeFi-related and DEX-related products
  • NFT-related solutions
  • Games and gaming – Including Educational, AI/VR/AR, Crypto Gamification, Strategies, Collectibles, Card Games, etc
  • dApps that unite the Velas blockchain with traditional sectors — Banking, Healthcare, etc.
  • Adoption of dApps that aid the adoption of cryptocurrencies and blockchain.

Velas will also actively encourage developers to create solutions that increase decentralization and transparency within the Velas Ecosystem. All projects will be tracked on GitHub – Teams can apply for grants more than once, but they need to successfully complete their previously allocated project before receiving additional funds.

Investment Criteria

Interested in applying for the grant? Check out the investment criteria below:

  • Goal(s) and scope of the project, plus outline of how the fund will be used
  • Business plan/whitepaper
  • Technical features and value proposition
  • An executive summary and pitch deck
  • Background and experience of the team
  • Go to market strategy and user acquisition plan
  • The project, timelines, targeted deliverables at each milestone, and estimated efforts to deliver on the plans provided
  • How the project benefits the Velas ecosystem
  • Amount of funding requested and payment method
  • Project or product/ service must be built on the Velas blockchain
  • All code must be open-source, and must not rely on closed-source software for full functionality.

Velas take licensing and copyright compliance very seriously. Using others’ work without attribution or indicating that work is not original will lead to immediate termination. Users should contact Velas before submitting if they have any doubts about licensing matters. 

Benefits

  • Recruiting – Velas assists startups to hire Top Tier talent.
  • Networking – Velas assists startups with connections to investors, funds and accelerators.
  • Marketing – Velas assists startups in engaging with key exchanges, finding opinion leaders, and building viral marketing campaigns.
  • Grants – Velas provides grants for the creation of new tools and projects.
  • Technical – Velas’ experienced developers will assist with the technical side of startup projects.
  • Research – Velas assists startups with all necessary research before going to market to explore new opportunities.

Applying for the Velas Grant

To apply for the Velas Grant Program, fill out an application form. Team applications should be submitted by one representative for the project, containing up-to-date contact information, experience, and the portfolio of all team members who would be involved in working on the task. Application forms will be reviewed within 14 working days and selection results will be sent to the email provided during the application. If a proposal is successful, further communication will be required to determine specific details around timelines and payment schedules. Feedback will occur throughout the grant process.

For further information and FAQs, please check out the official Velas docs page here.

Velas are proud to welcome innovative and exciting new projects, products and services to the Velas family, and welcome a massive expansion in the usecase of the Velas Blockchain, taking advantage of the best-in-class TPS, throughput, and developer support. The Velas Funding Program helps push the Velas Blockchain to be the most attractive, powerful chain in the entire crypto sector.

For full technical details on the Velas Funding Program, click HERE.

Media Contact Details

Contact Name: Shirly Valge
Contact Email: [email protected]

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Source: https://bitcoinist.com/velas-launches-5-million-funding-program/?utm_source=rss&utm_medium=rss&utm_campaign=velas-launches-5-million-funding-program

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Blockchain

Bitcoin Is More Oversold Than It Was At ATH In April, Says Analyst

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Bitcoin has continued to show tremendous gains lately in the market. The weekend saw the price of the digital asset shooting up above $42,000 for the first time in over a month, seeing continuous green daily closes for nine days straight for the first time in ten years.

Following this has been a number of speculations on why this is happening. And more importantly, how this trend is most likely to end. The indicators continue to point towards bullish but with the price fluctuations that bitcoin is notorious for, there is no telling how exactly the current uptrend will end.

Related Reading | 8 Green Candles: Here’s What Happened The Last Time In Bitcoin

Talking on this was Matt Maley, a chief market strategist at Miller Tabak & Co., who was on MarketWatch’s call of the day. Maley explained his reasoning behind what he believes was needed for the current gains in the market to stick as prices rally.

Don’t Get Too Excited

Maley started out with some advice for investors, who he tells to gauge the action of the prices during the normal market hours. Alluding to the fact that the recent bitcoin price rallies have been happening during off-market hours, which are weekends, nights, and early mornings. He attributes this advice to the markets being much thinner, with lower volumes, during off-market hours. Thus, it is imperative that the movement of the digital asset be observed during normal trading hours to see how the price moves.

Related Reading | Fast Money’s Brian Kelly Remains Bullish On Bitcoin, Here’s Why

Maley warned to not get too excited about the recent price increases. Waiting to see what the market does continues to be Maley’s advice to clients with regards to the weekend price rallies that have been experienced in the market.

“The markets are much ‘thinner’…and the volumes are much lower…on the weekends,” Maley said. “So we’ll want to see [if] bitcoin can remain above $40k once we get into next week before we get too excited.”

Bitcoin price chart from TradingView.com

BTC price dips following weekend rally | Source: BTCUSD on TradingView.com

Maley continues to want to wait to see how the price holds up this week before anything else. His target is now the 200-daily moving average (DMA), and that stands at $44,600. Opining that the DMA had gotten close to that level since the rise and falls since May, twice. But had rolled over both times before hitting it. “Therefore, it could/should provide some resistance upon any further rally in early August,” said Maley.

Bitcoin Is Oversold

Maley pointed out that the digital asset now looks overbought on the current short-term basis. This is based on the Relative Strength Index of the asset, an oscillating indicator used to track the magnitude of recent losses in relation to recent gains.

Related Reading | Bitcoin To Reach New All-Time Highs, Market Strategist

Talking about bitcoin being oversold, Maley said, “Don’t get us wrong, it got much more overbought before it rolled over in January and February … and in November of last year.” Continuing on, Maley added, “However, it is more overbought than it was at the all-time high in April, so investors and traders alike will have a lot more confidence if this weekend’s move holds into the middle of next week.”

The price of bitcoin has continued to show strong bullish indicators following the recent dip in the price. But if Maley is correct in his analysis and bitcoin is overbought, then the market might continue to see further dips in the price of the digital asset.

Related Reading | Why Another Wave Up For Altcoins Is Probable According To BTC Dominance

This could push the price of bitcoin down past $35,000 as the price finds a comfortable correction point following the rally. As of the time of this writing, bitcoin is currently trending up slowly following the dip in the early hours of Monday, trading at $39,443 according to TradingView.com.

Featured image from CoinDesk, chart from TradingView.com

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Source: https://www.newsbtc.com/news/bitcoin/bitcoin-is-more-oversold-says-analyst/

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Blockchain

Cardano, BAT, DASH Price Analysis: 02 August

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Many of the market’s altcoins fell over the last 24 hours, with the same underlined by the lack of buying strength in the market. ADA might find some comfort around its immediate support level while BAT lost 4.9% of its value. Finally, DASH flashed a declining bearish signal on the charts.

Cardano [ADA]

Cardano, BAT and DASH Price Analysis: August 2

ADA/USD, TradingView

ADA tanked by 2.7% over the last 24 hours, with the alt valued at $1.32 at press time. A further drop could have the price rest on the support level of $1.25. On the developmental front, Cardano is expected to let users run smart contracts once the hard fork occurs.

ADA’s technical indicators all pictured the same bearish situation with a fall in buying pressure. The Awesome Oscillator pictured red signal bars while the MACD too registered a bearish crossover on the charts.  

The Relative Strength Index hovered near the neutral zone after its buying pressure went on a downtrend for a few days.  

Basic Attention Token [BAT]

Cardano, BAT and DASH Price Analysis: August 2

BAT/USD, TradingView

BAT also dipped by 4.9% over the last 24 hours. In a day, the asset fell from the overbought zone to the neutral zone as the price rested at $0.65. Substantiating the above statement, the Relative Strength Index stood at 57. The Chaikin Money Flow mirrored the same movement as it noted a considerable dip in capital inflows. Despite the dip, however, inflows still surpassed outflows. 

$0.61 happens to be the support line for BAT as the coin lost its bullish momentum today. The MACD flashed the presence of bearish sentiment as the red histograms were visible at the time of writing.

In the case of some bullish movement, the resistance level to test stood at $0.71. 

DASH

Cardano, BAT and DASH Price Analysis: August 2

DASH/USD, TradingView

DASH was also on a downtrend as it reported a 4.1% decline in price over the last 24 hours. The alt was trading at $161.32, at press time, with a bearish technical outlook just like most other altcoins. 

Market volatility could be anticipated as the Bollinger Bands opened up and remained parallel. Buying pressure decreased, with the Relative Strength Index registering a dip in the number of buyers. It remained close to the point of equilibrium, however. 

Awesome Oscillator too verified that same and observed red bars on the midline. This indicated that bearish pressure existed in the market.

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Source: https://ambcrypto.com/cardano-bat-dash-price-analysis-02-august

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