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The Most Profitable Signal In Bitcoin Is Back And About To Trigger

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Bitcoin price is still down 40% from recent highs, forcing investors to face the reality that the bull run could be over. And while that scare and related selloff certainly shook out even the strongest of hands, those that are still holding could end up reaping enormous profits.

That’s because even though things appear to be extremely bearish at the moment for crypto, the most profitable buy signal in Bitcoin history is about to trigger. Here’s a look at what this means and why the last signal in each bull market is the strongest of them all.

Bitcoin Hash Ribbons Show Miner Capitulation, Buy Signal Is Coming

The first ever cryptocurrency has had its most profitable year on record, tripling in value within the first three months of the year. After a shocking move up, however, the market corrected and it caused chaos in newcomers to the volatile asset class.

Related Reading | Why The Recent China FUD Is Bullish For Bitcoin

More than 50% was bled out of Bitcoin price in just days following the local top – enough downside to question if it was the top of the bull market itself. Several indicators say as such, but the masses deny any chance of that happening – $100,000 BTC or bust.

However, stubborn as they may be, those with so-called diamond hands might end up with profits worth their weight in the precious gemstone.

bitcoin hash ribbons 2021

The hash ribbons are about to trigger a buy signal | Source: BTCUSD on TradingView.com

What The Most Profitable Signal In Crypto Means For The Bull Run

The chart above shows the “hash ribbons” created by crypto fundamental expert Charles Edwards, which currently indicate that BTC miners are capitulating.

During selloffs, miners are forced the sell coins to fund operations. In theory, Edwards’ tool denotes when that’s happening. It also has a very fortunate side effect of being the most profitable buy signal in crypto history.

bitcon hash ribbons most profitable signal ever

The last signal of each bull market is the most powerful | Source: BTCUSD on TradingView.com

In the past, the last buy signal of each cycle led to another 8,000% and 3,500% respectively. Each cycle had a number of buy signals before the grand finale, but it is the last signal that gives the indicator its reputation of profitability.

Related Reading | SEC Warns Investors Of “Highly Speculative” Bitcoin Risk

Past buy signals from the current market cycle all have resulted in upside worth bragging about. After the December 2018 Botton, BTC rose by 300% and the most recent signal resulted it more than 500% returns.

With the cryptocurrency already at $35,000 per coin and only now about to trigger this monumental buy signal, how much further could the cryptocurrency climb?

The above chart shows an example of how only another 1,000% is necessary to reach $300,000 per BTC – an ROI which is meager to what the hash ribbons called out ahead of time during past bull rallies.

Featured image from iStockPhoto, Charts from TradingView.com

Source: https://bitcoinist.com/most-profitable-signal-bitcoin-2021/?utm_source=rss&utm_medium=rss&utm_campaign=most-profitable-signal-bitcoin-2021

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After A Multi-Month Period of Development, SaTT’s Social Network Monetization Platform Is Finally Set to Debut

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Blockchain-based advertising platform SaTT first debuted its MVP far back in 2020, since then the France-based ad firm being pioneered by Atayen Inc. has been doing a lot to stay on the front page of the blockchain-based advertising landscape. Current development shows that a novel blockchain firm is set to unveil its long-awaited Social Network Monetization Platform.

The SaTT’s Social Network Monetization Platform is a brainchild of a multi-month period of development and a product of fine work of innovation by Atayen Inc. The product will feature the notion of Advertising Pools, or Ad Pools, which will debut alongside social network farming, allowing firms and organizations to reward creators more transparently in the future. When asked about the significance of the approaching launch, Atayen said:

“To showcase proof-of-concept for the technology, Atayen is offering the first Ad Pool on YouTube for interested early adopters, entitled Proof Of Concept: YouTube Challenge. Throughout the process, Crypto YouTubers can discover the advantages of SaTT firsthand and earn SaTT cryptocurrency with their youtube channel.”

The Ad Pool will commence with a total of 100 million SaTT tokens, with the goal of reaching a total of 5 million views. In order to attain this milestone, creators will have to meet some preset performance-based objectives provided by the company.

SaTT is calling on all content creators and advertisers to seize this blue-chip opportunity to become the early adopters of the SaTT advertising platform. The Ad Pool, according to Atayen, would allow content providers to earn SaTT automatically through Post Farming, which requires a particular number of views, likes, or retweets. Once the conditions are met, creators will receive the SaTT token, and the balance will be transferred.

This launch will unarguably set the tune for an explosive exposure on all that SaTT has been building in the past years, and will ultimately gear up the path for massive mainstream adoption of the SaTT advertising product.

Discover SaTT and What We Have Been Building.

Conceived out of the need to decentralize the global advertising landscape, SaTT is a blockchain-based advertising project currently running on a dual chain: the Ethereum blockchain and the Binance Smart Chain (BSC). SATT token is the native cryptocurrency token that powers the SaTT ecosystem DApp and a medium through which all transactions are completed within the platform.

Last year, SaTT integrated its decentralized advertising solution with the top social media platforms including Facebook, Instagram, Youtube, and Twitter. Allowing advertisers to promote their products and services through influential marketing strategies.

With the help of decentralized smart contract oracle, SaTT connects advertisers to publishers (social media influencers) together, allowing publishers to create content via these social media channels and in turn get paid for their effort based on the level of engagement derived (number of views, shares, likes, comments of the publication).

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Source: https://bitcoinist.com/after-a-multi-month-period-of-development-satts-social-network-monetization-platform-is-finally-set-to-debut/?utm_source=rss&utm_medium=rss&utm_campaign=after-a-multi-month-period-of-development-satts-social-network-monetization-platform-is-finally-set-to-debut

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A New Metaverse Project That Has Started to Spread Around the Globe

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The Next Earth project is a big deal. It’s not just another blockchain startup. It’s a new NFT-based replica of Earth that aims to disrupt the centralized status quo. Currently, over 25 million “tiles” on this virtual Earth have been sold (the digital planet has only been live for about one and a half months).

This metaverse project is gaining interest around the world, with videos and articles in Arabic, Korean, Russian, Indian, Polish, Serbian, and more. This is because the project is focused on providing something that hasn’t been done before: a metaverse where anyone can buy virtual properties of anything they want without relying on centralized servers.

The idea behind this is simple: if you can’t truly trust anyone with your data when you’re online today, then how do you expect to be able to trust them with your identity or assets when you’re interacting with an entire planet?

The Power of an International Community

One of the most interesting aspects of this project is that it’s a global community. The Next Earth team has been very active in creating an international community, with thousands of members in its Discord, featuring international lobbies in German, Hungarian, French, Korean, Serbian and far more. They have created a community where people can come together and discuss ideas and strategies for building the metaverse.

This is important because it shows that there is a real desire for something new in the metaverse space. People want to be able to interact with each other on their own terms, not just through centralized services like Facebook or Twitter.

What’s Next?

This brings us to what’s next for this project. In order to succeed, this new virtual world needs to provide something that hasn’t been done before: truly decentralized ownership of virtual land and assets without relying on centralized platforms controlled by someone else (like Amazon Web Services).

To do this they will build out more features than just owning land: Users will be able to buy virtual property from other users, all while being able to trust that no one will ever be able to take those items away from them again without permission. This is where things get really interesting!

The Next Earth project is launching a marketplace where users can buy and sell their virtual property NFTs, which is planned to release on September 27th. This will help fuel the long-term vision of creating a “metaverse nation” where people will be able to create their own virtual cities and towns.

This is an exciting time for the metaverse space because we are finally starting to see some real innovation in this area. It’s important to remember that the metaverse isn’t just about owning land or assets; it’s about building communities.

Spreading Creativity Globally

Next Earth has a number of other exciting innovations in the pipeline, including tile-based pixel art.

Tile-based pixel art will be a new way of creating virtual art that is also non-fungible (meaning that each one can be identified as unique). This means that when you buy virtual land on Next Earth, you can create unique pixel artwork on top of it.

Ultimately, it makes sense that an Earth-based metaverse is catching the attention of people around the world. Everyone even dreams of owning a piece of Disney World or sunny beaches, and now it can be yours in the virtual metaverse.

Photo by Sebastian Svenson on Unsplash

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Source: https://bitcoinist.com/a-new-metaverse-project-that-has-started-to-spread-around-the-globe/?utm_source=rss&utm_medium=rss&utm_campaign=a-new-metaverse-project-that-has-started-to-spread-around-the-globe

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The Most Worthwhile Digital Currency to Invest in the Next Three Years-RLI

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IXecx is an umbrella project of the The Confidential Computing Consortium Foundation.IXec builds open-source software aiming to “decentralize the cloud”. Blockchain technology is used to organize this marketplace where users can rent their computing power, data, or applications.

IXec also offers consulting and support to companies in the development of blockchain projects, from ideation to implementation. By providing on-demand access to cloud computing resources, IXecx supports compute-intensive applications in fields such as AI, big data, healthcare, rendering, or FinTech.The company works with renowned partners such as Intel, Google, and IBM Cloud.

One of the main strengths of IXecx lies in trusted off-chain computing. In collaboration with Intel, IXecx has released the first-ever ‘trusted compute’ solution for blockchain (TEE using Intel SGX). IXecx offers a Blockchain based AI model marketplace which allows to trade (i.e. rent out) AI models in a secure way, the framework leverages Intel SGX to protect the privacy of the models during the rental procedure.

IXecx issued its own digital currency-RLI on September 1, 2021. According to Stephen Walli, President of Group Operations, the Group plans to realize that RLI can be freely traded on major global exchanges on January 1, 2022. In view of the current small number of users holding RLI coins, in order to ensure that RLI has a certain degree of liquidity, users can earn RLI coins through mining from September 1, 2021. In addition, the group also prepared a marketing promotion incentive of 50 million US dollars. Individuals or teams can get up to 5 million U.S. dollars rewards for participating in marketing.

Regarding the future value of RLI, Stephen Walli said that RLI is a decentralized computing resource market. combines blockchain technology with 5G technology to improve the quality of modern urban services. In addition, transactions conducted through the blockchain network are instant and immutable, which further improves the security of payment. It will provide solutions for more start-up companies, solve problems related to multi-enterprise interaction, and promote the creation of new business models based on 5G.Provide blockchain technology for infrastructure supporting 5G, machine-to-machine (M2M) transactions, and autonomous services. IXecx is working with Intel to apply 5G and blockchain in cities. Currently in this demo, IXecx provides a blockchain-based market for connecting services between devices and decentralized identity verification. By combining 5G and blockchain in rescue services, the demonstration provides a high-performance and secure concept for urban 5G infrastructure.

“In a wider perspective, the development of distributed computing is a credible scenario for the future, and blockchain may be a nice lever in this scenario. The plan is to continue with other open scientific codes requiring possibly other types of worker pools.”

Gilles Deleuze, EDF Blockchain Co-ordinator.

For more information, please visit the group website: https://www.ixecx.com 

PlatoAi. Web3 Reimagined. Data Intelligence Amplified.

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Source: https://themerkle.com/the-most-worthwhile-digital-currency-to-invest-in-the-next-three-years-rli/

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