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Webedia and Dell Launch Call of Duty Tournament in Brazil

Entertainment holding Webedia in Brazil, responsible for the country’s branch of the gaming news website IGN, announced on Wednesday that it would partner with hardware manufacturer Dell, to support a Call of Duty Warzone tournament named Dell Gaming Call of Duty Pro League 2021. The event will be held on four Saturdays starting June 5 […]

The post Webedia and Dell Launch Call of Duty Tournament in Brazil first appeared on The Esports Observer.

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Entertainment holding Webedia in Brazil, responsible for the country’s branch of the gaming news website IGN, announced on Wednesday that it would partner with hardware manufacturer Dell, to support a Call of Duty Warzone tournament named Dell Gaming Call of Duty Pro League 2021. The event will be held on four Saturdays starting June 5 and feature a $36K BRL (roughly $7.08K USD) prize pool.

Webedia Business Developer of Esports Lucas “Marduk” Rampinelli spoke to The Esports Observer regarding the choice of Call of Duty Warzone as the featured game: “A year after its launch, the scene still did not have a tournament with a big prize pool and attractive to teams and players. We saw the opportunity to do something that really fostered this ecosystem.”

Despite the pointed lack of investment in its local competitive scene, Call of Duty Warzone consistently draws top audiences on Twitch in Brazil since its release. The game is part of Call of Duty: Modern Warfare, which holds a consistent presence on TEO’s Weekly Twitch Top 10s.

Regarding Dell’s investment in the tournament, which includes naming rights, Rampinelli mentions that “it is a game that needs good hardware to ensure high performance, which matches perfectly with the product and even the mission of Dell’s gamer line.” Nvidia is also a supporter of the event in partnership with Dell.

Webedia will be responsible for the production, operation, and broadcast of the event, which will be held 100% remotely. Live streams will be available on Webedia’s esports-focused website MGG channels at YouTube, Twitch, and Facebook.

Source: https://esportsobserver.com/webedia-dell-call-of-duty/?utm_source=rss&utm_medium=rss&utm_campaign=webedia-dell-call-of-duty

Blockchain

Ethereum Wallet Transfers $215 Million Worth of ETH

ETH Whale moved 71,191 coins to an unknown wallet on 22 September.

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The network activity of Ethereum has jumped substantially since the start of this week amid the price volatility of ETH. Whale Alert, a prominent blockchain tracking and crypto analytics platform, recently highlighted a transaction worth $215 million involving the transfer of 71,191 Ethereum from an unknown wallet.

The mentioned transfer was executed on 22 September at 16:06 UTC. In a separate transaction, a crypto whale account moved 21,587 Ethereum from digital exchange Binance to an unknown wallet. Since the London Hard Fork, Ethereum’s overall whale activity has increased sharply.

The exchange supply ratio of Ethereum saw a jump in the last few days but the overall trend remained negative. The latest data from Santiment shows that some ETH holders dumped the world’s second-largest digital currency during this week’s market volatility.

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“During the recent dip, there was an influx of ETH to exchanges, likely indicating that some people have sold off during this dip. Overall, ETH supply on exchanges remains on a downtrend which is a good thing as it alleviates sell pressure. ETH’s Daily Active Addresses remains rather active over the past 6 months, indicating the health of the network is still strong,” Santiment highlighted.

Ethereum 2.0 and ETH Whales

Ethereum’s network upgrade is probably the most important development for the world’s second most valuable digital asset. Since the launch of Beacon Chain in December 2020, the ETH network saw a jump in large transactions. Ethereum whale accounts accelerated the movement and accumulation of ETH since the London Hard Fork in August 2021. On 21 September, a leading ETH whale account moved 75,730 coins to an unknown wallet.

After a sharp decline of approximately 20% in the last seven days, Ethereum is now back above the price level of $3,100. The cryptocurrency gained nearly 8% in the last 24 hours. The overall market cap of ETH touched $370 billion today. The cryptocurrency now accounts for 18.5% of the overall crypto market cap.

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Source: https://www.financemagnates.com/cryptocurrency/news/ethereum-wallet-transfers-215-million-worth-of-eth/

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Blockchain

Litecoin (LTC) Price Analysis: Recovery Possible Above $175

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  • Litecoin price declined heavily below $180 and tested $145 against the US Dollar.
  • LTC price is now trading below $170 and the 55 simple moving average (4-hours).
  • There is a major bearish trend line forming with resistance near $164 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).
  • The pair must move above the $175 resistance to start a decent recovery in the near term.

Litecoin price is recovering losses from $145 against the US Dollar, similar to bitcoin. LTC price could continue higher if it clears $165 and $175.

Litecoin Price Analysis

This past week, there was a major decline in bitcoin, ethereum, ripple, and litecoin against the US Dollar. LTC broke many supports near $180 to enter a bearish zone.

There was also a break below the $165 level and the 55 simple moving average (4-hours). It tested the $145 zone and recently corrected higher. It climbed the 23.6% Fib retracement level of the recent decline from the $195 swing high to $144 swing low.

However, it is still trading below $170 and the 55 simple moving average (4-hours). An immediate resistance is near the $162 level. There is also a major bearish trend line forming with resistance near $164 on the 4-hours chart of the LTC/USD pair.

The next key resistance could be $170. It is close to the 50% Fib retracement level of the recent decline from the $195 swing high to $144 swing low.

The main resistance could be near the $175 level and the 55 SMA. A close above the $170 and $175 levels could open the doors for a decent increase. In the stated case, the price could rise towards the $188 resistance in the near term.

On the downside, an immediate support is near the $155 level. If there is a downside break the $155 support level, the price could revisit $150. The next key support is near the $145 level, below which there is a risk of a move towards the $125 level.

Litecoin (LTC) Price

Litecoin (LTC) Price

Looking at the chart, litecoin price is clearly trading below $170 and the 55 simple moving average (4-hours). Overall, the price must move above the $175 resistance to start a decent recovery in the near term.

Technical indicators

4 hours MACD – The MACD for LTC/USD is now gaining pace in the bullish zone.

4 hours RSI (Relative Strength Index) – The RSI for LTC/USD is still below the 50 level.

Key Support Levels – $155 and $145

Key Resistance Levels – $165 and $175.

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Source: https://www.livebitcoinnews.com/litecoin-ltc-price-analysis-recovery-possible-above-175/>

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Blockchain

Cardano to Make “Industry Defining” Announcements At Upcoming Summit

Cardano Summit Announcements

Rate this post The team behind Cardano blockchain has promised “industry-defining” announcements at its upcoming summit —  which is due to take place on September 25-26. Cardano Will Make “Industry Defining” Announcements At Upcoming Summit Cardano is promising “industry-defining” announcements for the potential attendees of its Cardano 2021 Summit — a hybrid event being organized across six destinations in Africa, Europe, and the US. The summit will feature both in-person and online events, which will combine the experience of a traditional conference with virtual worlds. Additionally, online participants will have the opportunity to leverage social and interactive tools used previously by the likes of Google.  “Don’t really want to brag or anything but…some of the partnerships we’re announcing at the [Cardano Summit] will blow people’s minds. Really grateful for the chances we at [Cardano Stiftung] have to change the world for the better and have fun together. Tune in,” Cardano Foundation’s Head of Brand and Communications Sidney Vollmer tweeted last week. Cardano Summit is expected to feature several industry experts, top developers, and specialists working with blockchain technologies. Many of them will address important subjects such as the future of national currencies and art in the age of crypto and NFTs.  Recently, Cardano’s founder Charles Hoskinson reflected on the network’s journey and the significance of the upcoming summit. He noted: “The Cardano summit 2021 follows the launch of smart contract capabilities on Cardano, and a remarkable six years of intensive development and peer-reviewed academic research to create a third-generation blockchain platform which is not only eco-friendly but provably secure.” Alonzo Upgrade Represents “a Huge Leap Forwards”: Hoskinson The Cardano Summit has come on the heels of a major upgrade in the network, which introduced smart contracts capabilities to it.  In Hoskinson’s view, the Alonzo upgrade is a “huge leap forward in terms of bringing price stability to the smart contract network as well as addressing the present energy issues.” He expects the feature to enable “hundreds of groundbreaking innovations” on Cardano that will extend beyond the field of blockchain. Notably, Alonzo’s implementation hasn’t been entirely smooth. Earlier this month, decentralized exchange MiniSwap had to suspend its operations on the network due to “concurrency issues.” Meanwhile, three notable DeFi platforms Sundaeswap, Maladex, and OccamFi reported that they have found a workaround solution to the issue. 

The post Cardano to Make “Industry Defining” Announcements At Upcoming Summit appeared first on Cryptoknowmics-Crypto News and Media Platform.

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The team behind Cardano blockchain has promised “industry-defining” announcements at its upcoming summit which is due to take place on September 25-26.

Cardano Will Make “Industry Defining” Announcements At Upcoming Summit

Cardano is promising “industry-defining” announcements for the potential attendees of its Cardano 2021 Summit — a hybrid event being organized across six destinations in Africa, Europe, and the US.

The summit will feature both in-person and online events, which will combine the experience of a traditional conference with virtual worlds. Additionally, online participants will have the opportunity to leverage social and interactive tools used previously by the likes of Google. 

“Don’t really want to brag or anything but…some of the partnerships we’re announcing at the [Cardano Summit] will blow people’s minds. Really grateful for the chances we at [Cardano Stiftung] have to change the world for the better and have fun together. Tune in,” Cardano Foundation’s Head of Brand and Communications Sidney Vollmer tweeted last week.

Cardano Summit is expected to feature several industry experts, top developers, and specialists working with blockchain technologies. Many of them will address important subjects such as the future of national currencies and art in the age of crypto and NFTs

Recently, Cardano’s founder Charles Hoskinson reflected on the network’s journey and the significance of the upcoming summit. He noted:

“The Cardano summit 2021 follows the launch of smart contract capabilities on Cardano, and a remarkable six years of intensive development and peer-reviewed academic research to create a third-generation blockchain platform which is not only eco-friendly but provably secure.”

Alonzo Upgrade Represents “a Huge Leap Forwards”: Hoskinson

The Cardano Summit has come on the heels of a major upgrade in the network, which introduced smart contracts capabilities to it. 

In Hoskinson’s view, the Alonzo upgrade is a “huge leap forward in terms of bringing price stability to the smart contract network as well as addressing the present energy issues.” He expects the feature to enable “hundreds of groundbreaking innovations” on Cardano that will extend beyond the field of blockchain.

Notably, Alonzo’s implementation hasn’t been entirely smooth. Earlier this month, decentralized exchange MiniSwap had to suspend its operations on the network due to “concurrency issues.” Meanwhile, three notable DeFi platforms Sundaeswap, Maladex, and OccamFi reported that they have found a workaround solution to the issue. 

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Source: https://www.cryptoknowmics.com/news/cardano-to-make-industry-defining-announcements-at-upcoming-summit/

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