Atmos(ATMOS)

Discover the recent cryptocurrency market surge, driven by Bitcoin's climb above $38,000. Explore the optimistic atmosphere and bullish sentiment, especially focusing on altcoins like VeChain (VET) and Monero (XMR). Gain insights into the technical analysis for VeChain and Monero, understanding their outlook and significance in the market. Learn about the price predictions for these altcoins and the importance of monitoring mixed signals.

The recent significant price drop in the crypto markets happened yesterday and it has left an atmosphere of uncertainty and volatility. The aftermath of this event has been marked by notable activities, particularly in the Bitcoin (BTC) realm. Large transactions of $1 million or more involving BTC have become conspicuous, a sign that influential holders, […]

Abu Dhabi, UAE, August 9th, 2023, ChainwireVenom Foundation, a leader in blockchain technology adoption in regulated markets, is thrilled to announce the signing of a momentous Memorandum of Understanding (MOU) with the UAE Government to develop and implement the National Carbon Credit System. This landmark partnership represents a significant step towards leveraging blockchain technology to address environmental challenges and promote sustainability on a national scale.This revolutionary collaboration underscores the UAE's unwavering commitment to bolstering transparency, reliability, and efficiency in carbon emission management, while using the next generation blockchain technology of Venom and in doing so, propelling the nation towards its ambitious climate targets of 40% reduction in carbon emissions by 2030. The Venom blockchain itself is carbon neutral.The Memorandum of Understanding (MoU) signed between the Ministry of Climate Change and Environment (MCCE), the Industrial Innovation Group, and Venom Foundation outlines four strategic objectives: reducing emissions, promoting sustainable agriculture, enhancing environmental health, and conserving biodiversity. As part of this partnership, Venom will be actively participating in realizing a greener future. Taryam Matar Taryam, CEO of Industrial Innovation Group, affirmed their dedication to sustainable development, "For Industrial Innovation Group, it is a great honor to contribute to the creation of the United Arab Emirates' first National Carbon Credit Registry System together with Venom. Industrial Innovation Group steadfastly adheres to sustainable development goals and endeavors to reduce environmental impact, including through decarbonization, as global climate change is closely linked to the increasing concentration of CO2 in the atmosphere. With over 30 years of experience, Industrial Innovation Group has a long history of creating large-scale national registries related to identification processes and excels in developing sustainable pathways for various business sectors, conceptualizing carbon removal initiatives, generating project documentation for different carbon credit registries, and effectively managing, monitoring, and reporting on carbon utilization projects."Peter Knez, Chair of the Foundation Council at Venom Foundation, commented, "We are honored and excited to join hands with the UAE Government to build the National Carbon Credit System. At Venom, we believe that blockchain technology has the potential to drive real-world impact, and this initiative perfectly embodies that vision. Together, we are committed to creating a sustainable future and pioneering solutions that positively influence the global climate."Venom’s success is driven by its groundbreaking technology, strict regulatory compliance, and a scalable and secure platform that serves a wide range of use cases.As the MOU between Venom and the UAE Government comes into effect, both entities eagerly anticipate the successful launch and implementation of the National Carbon Credit System. This historic partnership exemplifies the potential of blockchain technology in advancing environmental initiatives and reinforces the commitment to building a more sustainable and eco-friendly future.About Venom Foundation:Venom Foundation, operating as a decentralized network licensed by the Abu Dhabi Global Market (ADGM), is at the forefront of driving the advancement of global Web3 projects. As the world's first compliant blockchain, Venom provides a secure environment for investors and financial services firms, offering the freedom to build, innovate, and expand. Under the jurisdiction of the ADGM, Venom serves as a trusted platform for authorities and enterprises, ensuring compliance with regulatory requirements.To enhance its capabilities, Venom has developed a range of in-house decentralized applications (dApps) and protocols on its blockchain. With features such as dynamic sharding, low fees, high-speed transactions, and scalability, Venom has the potential to serve as the foundational infrastructure for a thriving global ecosystem of Web3 applications. Its exceptional transaction speeds and limitless scalability enable it to meet the evolving needs of a rapidly growing user base.Disclaimer: This is not a financial [email protected]

With the crypto market seemingly still in the grip of enforcement-induced fear perhaps Bitcoin is getting ready for an explosive move. Sideways and down The crypto market is relatively quiet, as altcoins continue their bleed out due to the highly uncertain regulatory atmosphere, and bitcoin is still moving sideways and down in a descending channel. All quiet on the crypto front. It’s at times like these that investors should be studying the tea leaves and watching the stars with far more avidity than normal because a sudden upheaval in the market would likely catch many unawares, and there are increasing signs that something big could be about to commence. With the SEC suing all and sundry, most retail investors have headed for the hills, convinced that they are not going to return until the outcomes from all of the enforcement actions are known, and it looks like it is safe to return. However, this is not how money is made. It is well known that the best time to invest is when there is blood in the streets, and there must surely be some of the red stuff washing over the kerb right now. Major players moving in Big players are just getting ready to enter in the form of Blackrock and Fidelity and they don’t get any bigger than this. Blackrock already filed its petition for a Bitcoin Spot ETF, and Fidelity is set to either file its own, or make a bid for the Grayscale Bitcoin Trust. UPDATE: @DigitalAssets and @Fidelity is about to make a seismic move in crypto via both $BTC and $ETH. Sources expect Fidelity to either make a bid for @Grayscale or quickly launch their own spot #bitcoin ETF. One or both are coming, soon. **Blackrock and Fidelity will own… — Andrew (@AP_Abacus) June 18, 2023 Juicy technicals Meanwhile, bitcoin is starting to look quite juicy from a technical chart perspective. A possible cup and handle is a long time in the making, with the cup starting in June of 2022, coming to a top last April, and now making its handle downwards. The measured move for this cup and handle could be in the region of $45,000. On the 5-day time frame the price is holding nicely at the top of the Gaussian Channel, and on the weekly time frame the Stochastic RSI, a good momentum indicator, is coming down nicely, to be followed by a cross up perhaps in the next 2 to 3 weeks. Of course, everything isn’t just going to be upwards. Bitcoin may well sweep lower and test the support at $24,260 where it can also find trend line support plus the middle of the Gaussian Channel on the weekly time frame. Should all the above be wrong then a far more extensive bear market would come into play. Whatever happens, bitcoin is hard money you can own, spend and save without any government or bank say-so. That is certainly worth much consideration. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Often warned by industry executives, the United States is losing its grip on digital assets more significantly in Bitcoin (BTC) although a much safer investor atmosphere could cause a turnaround.

In the coming years, the tone of the cryptocurrency market will be set by environmental projects, which will be increasingly used for mining around the world. New technologies and developments will be implemented in different parts of the world. And maybe even in outer space - such ideas and proposals already exist and are being discussed within the professional community. Interesting discussions took place at the Bitcoin Miami conference in the USA at the end of May. Bitcoin mining was one of the key topics in the latest report by Messari, a leader in cryptocurrency market research and analysis. The authors believe that the green agenda will increasingly dominate in this field, and it will be the driving force of the industry in the years to come.On the one hand, environmental friendliness will grow into an actual trend, and crypto enthusiasts will adhere to ESG (Environmental, Social, Governance) Investing approach - environmental, social, governance aspects of investing. On the other hand, this trend will be supported by economic considerations, and the high cost of energy. As for this point, Messari analytics highlights a very indicative example for Bitcoin mining cost: in 2021, the mining of 1 bitcoin cost American miners in Texas about $5-10 thousand, and the coin itself was trading at around $50-60 thousand; its value went down in 2022, and the best price was estimated at $20 thousand with $15-20 thousand of mining cost. Serhiy Tron, Owner of White Rock Management, speaking at the Bitcoin 2023 conference As the coins value decreased, miners actively went looking for ways to reduce their energy costs. First of all, by making mining more environmentally friendly. The interest in hydroelectric power and electricity generation by flaring gas, byproduct of oil production, has grown tremendously. The latter technology not only provides cheaper energy for cryptocurrency mining, but also significantly reduces carbon dioxide emissions into the atmosphere. Reduction of the negative impact of mining on the environment. "Being environmentally friendly is not just a fashion trend, but an economically profitable direction for mining. In some regions, the share of renewable energy in this field amounts to 40%, and even exceeds 70% in other regions. I think that interest will keep on growing, and global oil and gas corporations will cooperate more actively with the cryptocurrency industry. For example, our company has various projects in the U.S. underway: gas flaring in Texas and hydropower near Niagara Falls in the state of New York," said the founder of one of the world's largest mining companies, White Rock Management, Serhiy Tron. White Rock Management, along with 250 other companies, has joined the Crypto Climate Accord for environmentally friendly and safe cryptocurrency mining. With operating offices in Canada, Sweden, Kazakhstan and the United States, the company implements a number of green projects and has plans to develop data centers in Switzerland and the U.S.Tron believes that coal, oil and gas constituents will gradually be outed from the energy consumed by miners. A similar opinion has been voiced by Coin Metrics co-founder Nick Carter, who has high hopes about the use of energy from flare gas in bitcoin mining; he believes this type of fuel can completely cover the needs of all miners worldwide inside the next 10 years. Crypto analysts' predictions regarding the development of alternative sources are backed by energy experts.A new report from a global energy think tank Ember emphasizes that the global energy system will very shortly enter a “new era of reduction of fossil fuel production”. Gas and coal generation volumes are expected to decrease, with alternative sources in extensive use.Ember's findings note that at the end of 2022, the expansion of wind and solar power accounted for 80% of the growth in electricity demand, and when combined with hydropower and bioenergy, 92% of the growth. By the end of 2023, low-carbon sources are expected to provide 100% of the growth in energy demand. Analysts provide an interesting example: the solar power plants launched worldwide last year would be powerful enough to supply an entire country like South Africa for a year, and wind power plants would provide almost the entire 12-month supply for the United Kingdom. "The price/quality principle will be always at work. Miners will do everything to reduce their costs, and increase their income from cryptocurrency mining, while preventing methane emissions and being environmentally conscious along the way. This, in my opinion, is worth the support of local authorities in different regions. For example, by tax incentives or other means," says financial analyst Vladyslav Kravets. Particular interest in "green" mining is growing in the U.S. Local Marathon Digital Holdings launched the King Mountain data center in Texas, with a capacity of 280 MW, carbon-neutral by 70%. In addition, this spring the company announced a joint project with Zero Two, designed to construct two new 200 MW and 50 MW zero-carbon sites in the UAE (Abu Dhabi). Also, BIT Mining Limited reported building a 57.2 MW facility in the same state, running by 85% on clean energy. This does not come as a surprise, since the Americans have been growing generally more interested in cryptocurrency as of late. The bigger it is, the greater the interest of local miners in more environmentally friendly and cheaper crypto mining. The analytics service Ahrefs recently estimated that the word "Bitcoin" has been looked up 1.9 million times in Google search in the U.S. over the past 12 months. It topped the search ranking, coming before the scandalous former president Donald Trump, news, Elvis Presley, Disney and Spider-Man. "For years, Texas was considered the home of the American shale gas and oil revolution, but it has now become the go-to place for cryptocurrency miners. Miners have realized that energy from flare gas can be used profitably to mine crypto. Our company is using it already. Also, this way we significantly reduce CO2 emissions. Around 400 million tons of carbon dioxide make their way to the atmosphere annually, but the crypto community can reduce this figure significantly," assures Serhiy Tron. There is no doubt that the miners’ interest in green energy will grow as the interest in cryptocurrencies as such multiplies. This process is gradually spreading around the world, although not always in transparent ways.For example, in May, during the bankruptcy of BlockFi and Celsius, it was revealed that Druk Holding & Investments (DHI), a state-owned investment bank in the Asian Kingdom of Bhutan, was secretly (without public knowledge) mining bitcoin. This country employs hydropower, with natural availability of high-altitude mountains with fresh air that allow cooling down the equipment. Mining is carbon-neutral and, as DHI assures, self-sustaining.The interest in cryptocurrencies is increased in the Seychelles, and local Finance Minister Naadir Hassan stated in April that his government is working out the requirements for the registration and licensing of specialized companies. Also, state authorities in Europe's Liechtenstein have recently declared they’re going to allow their citizens to use bitcoin to pay for public services. Although the head of the government, Daniel Risch, did not specify when such a possibility was to come in effect, but was adamant that it eventually would. Regardless of what goes on in the crypto market and no matter what skeptics say about this industry, the interest for it does not decrease. Even after significant price swings of several coins and frightening statements about the crypto-winter. Steady focus of the investors and hi-tech companies is backed not only by the projects that’s been already greenlit, but with new developments, ideas and discussions that do not stop. At the end of May, for instance, active debates on the future development of the market and its prospects took place in the United States, at the Bitcoin Miami conference. “Rather interesting and large-scale event, which was helpful not for professional players alone, but for the curious newcomers as well. Highly-esteemed and acknowledged experts were represented at the event: Christopher Grilhault des Fontaines from Dfns, Joseph Ziolkowski from Relm Insurance, Domenic Carosa from Banxa and many others. Not only current problems were discussed, but some new developments, including those in the space industry, were spoken of openly, too. Quite gripping and productive. Once again, we were able to make sure that Bitcoin remains a powerful asset, and amid the challenging situation in the global economy and growing rates of inflation everywhere, attention and trust to Bitcoin is on the steady rise”, summed up Serhiy Tron. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Valencia, Spain, May 18th, 2023, ChainwireNFT Show Europe, the leading conference for the blockchain, metaverse, and digital art industries, is inviting exhibitors to sign up for its forthcoming event. As an exhibitor at NFT Show Europe 2023, companies will have the opportunity to showcase their innovative solutions to potential investors, clients, and industry partners who are eager to discover the next big thing.NFT Show Europe, set to run from July 14-15, 2023, provides a lucrative opportunity for businesses to exhibit their solutions and stand out in the digital arena. Trailblazing companies in the blockchain, web3, metaverse, tokenization, DeFi, and gaming industries can now sign up for an exhibition spot at #NFTSE. Participants will be immersed in a high-energy web3 business and networking atmosphere in the Spanish coastal city of Valencia.At #NFTSE, participants will have the opportunity to rub shoulders with leaders from Alpine F1, Activision Blizzard, Epic Games, and Crypto. Page, Decentraland, SKI Federation, Joyn, Lama, Navi Studio, United Nations, UNICEF, Odos, Polkadot, and Zepeto among other companies and visitors from 55+ countries.At NFT Show Europe, business exhibitors will have an opportunity to elevate their brand presence, generate leads, and forge powerful partnerships that will catapult their growth to new heights.Exhibitor spaces are now available for the European conference but spaces are selling fast. Interested parties are encouraged to reserve their spot now to ensure their company's presence at the major event. Exhibitors can sign up at https://www.nftshoweurope.com/exhibitors/.NFT Show Europe is one of the world’s leading meeting points for web3, blockchain, metaverse, and digital art pioneers.t. It provides an international meeting point for experts to share their insights on the next era of the internet in a futuristic business-art atmosphere.#NFTSE 2023 Official Trailer: https://youtu.be/Rf9jazG1yE0Website: https://nftshoweurope.com/Twitter: @nftshoweuropeContactMedia and Communications ManagerIbon EscaladaNFT Show [email protected]: @IbonRdL

Premier decentralized exchange platform Uniswap is set to launch on Polkadot's Moonbeam parachain, with the integrations tabled through its decentralized governance platform. Uniswap's plans for a more diversified offering have gained traction with its proposed launch on Moonbeam, Polkadot's parachain. This move, unanimously approved on Uniswap's governance forum, is set to thrust the DEX into a promising decentralized environment that emulates Ethereum's functionality, fostering app portability. Smart contracts for the exchange are already on Moonbeam; only front-end integration and auto router updates are yet to to be implemented. 1/ @Uniswap - the most popular decentralized exchange by daily traded volume - is coming to Polkadot via the @MoonbeamNetwork parachain, increasing volume & liquidity across the ecosystem! pic.twitter.com/lKaceLv6ce — Polkadot (@Polkadot) May 17, 2023 Moonbeam, concentrating on a developer-friendly atmosphere similar to Ethereum, makes it seamless for developers to move their Ethereum applications over to the Polkadot network, an interconnected web of blockchains referred to as parachains. Polkadot's relay chain ensures that these parachains share security. Uniswap's current emphasis is on managing initial liquidity issues for the new platform. The proposal cautions about temporary liquidity bootstrapping absences due to market instability. As a solution, contributors to the proposed implementation are considering applying for a Moonbeam grant to expedite liquidity provision, implying the funds, if approved, would be governed by Uniswap's decentralized autonomous organization (DAO). Omar Elassar, business development executive at Polkadot developer Parity Technologies, echoed the positive sentiments in an accompanying announcement. Elassar claims that the new integration would enhance the speed and security for Uniswap users: “Polkadot is a strong fit for Uniswap, whose users can discover everything the network’s parachains offer, such as high performance, scalability, security, and interoperability." Polkadot is composed of intricate network of interconnected blockchain networks or "parachains", offers shared security through the Polkadot relay chain. The Moonbeam parachain, a component of this network, is strategically designed to emulate the Ethereum developer environment. This design seeks to simplify the process for developers looking to transition their Ethereum applications into the Polkadot ecosystem. Uniswap remains as the world's largest decentralized exchange by trading volume, averaging at roughly $550 million in daily movement, according to CoinMarketCap data. Born within the Ethereum network, Uniswap has been consistently extending its reach into other networks. A testament to this drive includes the launch of a BNB Chain version and its a deployment to Polygon zkEVm. Uniswap also has an iOS app version, which was met with some restriction by Apple. The news of this integration also coincides with a related proposal on Uniswap's governance forum, where contributors she256, Michigan Blockchain, and GFX Labs proposed a Uniswap V3 integration with Coinbase's Layer 2 blockchain infrastructure, Base. This is still subject to an on-chain governance vote, but will eventually be considered if it receives enough approval. If approved, GFX Labs manage the contracts' technical implementation on Base, following the proposal's approval. Base's potential benefits are already drawing interest from key players like Uniswap's founder Hayden Adams, who has expressed anticipation for deploying the DEX on the network via the native canonical bridge, supervised by Base's core developers. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Japan's Web3 project team released a white paper suggesting ways to expand the country's crypto industry to establish a welcoming atmosphere for crypto.

A pair of Russian builders may have stumbled on an environmentally friendly way to utilise the energy produced by Bitcoin mining. Ilya Frolov and Dmitry Tolmachyov, from Irkutsk in Siberia – which experiences average temperatures of between -6ºC and -18ºC from November to March – have built a small cottage in the town and installed two bitcoin miners to warm up a liquid which is then transported through a heating system installed beneath the floor. Because Bitcoin mining – which validates the transactions made using the cryptocurrency – rewards those who invest in the technology with a small amount of the digital money, it is thought that the cottage is being heated at a profit of $430 per month, or over $5,000 per year. As the builders revealed, the environment was a big factor in their plans: “People who mine cryptocurrencies use big miners. And they just heat the atmosphere,” said Dmitry Tolmachyov in a Quartz video, embedded below. “And we say, ‘No, the environment! We shouldn’t heat the atmosphere. We have a nine-month long heating season. We should heat our homes. The miners should not be concentrated in one place. They should be in various places, in private homes. The technology allows it nowadays.” Bitcoin mining produces large amounts of heat and there has been a wide discussion in recent years over how best to harvest the heat produced in large data centres. However, if Frolov and Tolmachyov's idea is picked up by a wider audience, we could soon see Bitcoin mining become an alternative – and highly lucrative - energy source. The blockchain is estimated to consume a similar level of energy to the country of Denmark by 2020, so the world will be looking for more examples like the Russian builders.

A pair of Russian builders may have stumbled on an environmentally friendly way to utilise the energy produced by Bitcoin mining. Ilya Frolov and Dmitry Tolmachyov, from Irkutsk in Siberia – which experiences average temperatures of between -6ºC and -18ºC from November to March – have built a small cottage in the town and installed two bitcoin miners to warm up a liquid which is then transported through a heating system installed beneath the floor. Because Bitcoin mining – which validates the transactions made using the cryptocurrency – rewards those who invest in the technology with a small amount of the digital money, it is thought that the cottage is being heated at a profit of $430 per month, or over $5,000 per year. As the builders revealed, the environment was a big factor in their plans: “People who mine cryptocurrencies use big miners. And they just heat the atmosphere,” said Dmitry Tolmachyov in a Quartz video, embedded below. “And we say, ‘No, the environment! We shouldn’t heat the atmosphere. We have a nine-month long heating season. We should heat our homes. The miners should not be concentrated in one place. They should be in various places, in private homes. The technology allows it nowadays.” Bitcoin mining produces large amounts of heat and there has been a wide discussion in recent years over how best to harvest the heat produced in large data centres. However, if Frolov and Tolmachyov's idea is picked up by a wider audience, we could soon see Bitcoin mining become an alternative – and highly lucrative - energy source. The blockchain is estimated to consume a similar level of energy to the country of Denmark by 2020, so the world will be looking for more examples like the Russian builders.

Actually just over $7,000! Traditional investors just don’t like or trust cryptocurrencies. Jamie Dimon, CEO of JPMorgan Chase, says he wants nothing to do with Bitcoin (“a fraud”) and “if you're stupid enough to buy it, you'll pay the price for it one day.” Ray Dalio, owner of Bridgewater Associates and the world’s most successful hedge-funder, simply says “it’s very much speculative … it’s a bubble.” Almost as if it took encouragement from Dalio’s remarks, Bitcoin shot up Thursday to a new high of $7,354. That represents a 29% increase over the past week - an annualised 1,500%. What’s your CD paying right now? The atmosphere around Bitcoin, and other blockchain performers such as Ethereum, might be likened to a frenzied casino, although that wouldn’t be quite accurate. In a casino, the odds are carefully calibrated, and it’s rare to exit with winnings over any sustained period of time. Casinos exist because you cannot beat the house. With cryptocurrencies, the House is who, exactly? It’s certainly getting beaten, or perhaps it’s a victimless crime. Buying (not the same as investing in) Bitcoin is maybe more like buying a lottery ticket in a lottery where every ticket is a winner. Under such conditions, you’d have to be mad not to. It’s true that after rocketing up to above $7,000, Bitcoin quickly re-entered the Earth’s upper atmosphere and fell by $650, singeing a few rookie astronauts. But it’s not a head-and-shoulders graph yet, more of a jagged, upward, ever-upward Alp. In July 2010, one Bitcoin cost six cents. We’ve since seen a 9,689,900% increase - it’s been a seven-year one-way bet. Ask Julian Assange. Back then, when the Obama administration closed down WikiLeaks’ bank accounts, Assange put everything into Bitcoin. Now he has the spare cash to offer $100,000 rewards for evidence of Democratic Party wrongdoing. If Bitcoin’s a bubble, it’s the most interesting one the world’s ever seen.

Actually just over $7,000! Traditional investors just don’t like or trust cryptocurrencies. Jamie Dimon, CEO of JPMorgan Chase, says he wants nothing to do with Bitcoin (“a fraud”) and “if you're stupid enough to buy it, you'll pay the price for it one day.” Ray Dalio, owner of Bridgewater Associates and the world’s most successful hedge-funder, simply says “it’s very much speculative … it’s a bubble.” Almost as if it took encouragement from Dalio’s remarks, Bitcoin shot up Thursday to a new high of $7,354. That represents a 29% increase over the past week - an annualised 1,500%. What’s your CD paying right now? The atmosphere around Bitcoin, and other blockchain performers such as Ethereum, might be likened to a frenzied casino, although that wouldn’t be quite accurate. In a casino, the odds are carefully calibrated, and it’s rare to exit with winnings over any sustained period of time. Casinos exist because you cannot beat the house. With cryptocurrencies, the House is who, exactly? It’s certainly getting beaten, or perhaps it’s a victimless crime. Buying (not the same as investing in) Bitcoin is maybe more like buying a lottery ticket in a lottery where every ticket is a winner. Under such conditions, you’d have to be mad not to. It’s true that after rocketing up to above $7,000, Bitcoin quickly re-entered the Earth’s upper atmosphere and fell by $650, singeing a few rookie astronauts. But it’s not a head-and-shoulders graph yet, more of a jagged, upward, ever-upward Alp. In July 2010, one Bitcoin cost six cents. We’ve since seen a 9,689,900% increase - it’s been a seven-year one-way bet. Ask Julian Assange. Back then, when the Obama administration closed down WikiLeaks’ bank accounts, Assange put everything into Bitcoin. Now he has the spare cash to offer $100,000 rewards for evidence of Democratic Party wrongdoing. If Bitcoin’s a bubble, it’s the most interesting one the world’s ever seen.