Kresus teams up with Collectibles.com as preferred crypto wallet partner

  • Collectibles.com is gearing up for its much-anticipated launch.
  • Collectibles.com is a Web3 collectibles marketplace that allows collectors to buy, sell, and trade assets.
  • Kresus Collectibles.com partnership makes Kresus the preferred wallet solution for Collectibles.com collectibles.

In a strategic move set to reshape the world of collectibles and blockchain technology, leading app developer Kresus has announced its partnership with Collectibles.com, a Web3 collectibles marketplace that is set to launch in October.

Kresus, renowned for its secure and user-friendly crypto wallet, has been designated as the preferred crypto wallet solution by Collectibles.com. This partnership will be pivotal in Collectibles.com’s mission to revolutionize the global collectibles industry through blockchain innovation.

Collectibles.com to launch in October

Collectibles.com is slated for an October launch and is poised to become the world’s first Web3 community and marketplace tailored to collectors and their diverse interests. Collectors signing up for this platform can create a Kresus wallet during registration, providing a secure avenue for managing their digital assets.

Collectibles.com aims to establish new industry standards by offering a dynamic platform for buying, selling, and trading collectibles while fostering a sense of community among enthusiasts. It aims to provide an engaging and transparent user experience for those with a passion for sports cards, comics, or signed memorabilia.

Kresus aligns seamlessly with this vision, ensuring that user assets and transactions are handled with the utmost security and convenience.

Bridging the gap between traditional and Web3

Kresus, often dubbed a SuperApp, bridges the gap between traditional and Web3 worlds. Serving consumers and institutions, it functions as a versatile crypto wallet and a portal to the wonders of Web3. What sets it apart is its commitment to security, employing an advanced account recovery mechanism within a non-custodial framework.

Kresus grants users secure access to decentralized applications, providing a familiar interface to explore the benefits of Web3 technology. As Collectibles.com’s preferred wallet provider, Kresus is ideally positioned to introduce collectors to the exciting realm of Web3.

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Crypto price prediction: Memeainator (MMTR), Chainlink, WorldCoin

  • Memeainator raised more than $300k a few days after starting its token sale.

  • WorldCoin token surged as the developers increased their focus on emerging markets.

  • Chainlink gained traction as demand for its tokenizatioon products rose.

Cryptocurrency prices had a strong performance this week as they defied the gravity we saw in other assets like stocks and bonds. Bitcoin price jumped to over $27,000 even as the Russell 2000 index moved to the bear market. In all, the total market cap of cryptocurrencies jumped to over $1.07 trillion. This article looks at some of the top cryptocurrencies to watch, including WorldCoin, Memeainator, and Chainlink. 

Memeainator analysis

Memeainator (MMTR) was one of the top breakout stars in the crypto industry this week. The developers launched a highly successful token sale on Wednesday, which has raised more than $391k from investors around the world. The token is going for $ 0.011 and is set to continue rising throughout the token sale. It can be bought using ETH, USDT, and USDC.

Memeainator aims to be the biggest meme coin launch this year. For one, unlike other meme coins that lack utility, Memeainator will have genuine utility. For example, the token will provide holders with access and perks when they launch new products like the Memeainator Game and MemeScanner. 

Most importantly, Memeainator will also embrace artificial intelligence (AI), the fastest-growing technology in the world. Just this week, Amazon invested $4 billion in Anthropic, a company that has built a generative AI project. Memeainator will use AI to automate its marketing with the goal of reaching as many people as possible. 

Also, Memeainator is also in the meme coin industry that has created many wealthy people in the past few years. There are countless Shiba Inu, Dogecoin, and Pepe millionaires today. You can read Memeainator white paper here and buy the token here.

WorldCoin price prediction

WorldCoin’s WLD token did well this week as it jumped to a high of $1.90, the highest level since August 10th. The token’s rally was mostly because of the overall crypto rally that we saw during the week.

WorldCoin also rallied after the developers announced plans to expand the network to the emerging markets. It has now signed up more than 2.32 million people using the Orb device, mostly in the developing and EM markets. It is also gaining some traction in some developed countries, especially Portugal, where 1% of the population has signed in,

The 4H chart shows that the WorldCoin price jumped to a high of $1.90, the highest level since August. It has moved above the 25-period and 50-period moving averages. Along the way, the coin has formed a rising wedge pattern. In price action analysis, this is one of the most bearish patterns in the market.

Therefore, there is a likelihood that the token will have a bearish breakout as sellers target the next key support at $1.60.

Chainlink price prediction

Chainlink was one of the top-performing major cryptocurrencies this week as demand for tokenization continued. The LINK token jumped to a high of $8, the highest level since July this year. At its peak, it was up by more than 40% from the lowest level this month. 

Chainlink is being supported by strong fundamentals and the 50-day and 25-day moving averages. It has also formed an ascending channel shown in black while the Relative Strength Index (RSI) has pointed downwards. Therefore, I suspect that the LINK price will retreat slightly during the weekend as investors take profits. This view could see it drop to the key support at $7.50.

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Tottenham Hotspur to issue a Web3 fan token using Chiliz Blockchain

  • Tottenham Hotspur embraces blockchain technology, partnering with Chiliz for a Web3 fan token.
  • Fans can participate in on-chain voting and enjoy club-related rewards with the upcoming $SPURS fan token.
  • Stricter regulations from the FCA in the UK prompt disclaimers on fan token offerings, ensuring compliance and transparency.

Tottenham Hotspur has entered the world of blockchain technology by announcing its plan to issue a Web3 fan token, making it the first Premier League team to do so in two years.

The London-based football club is set to collaborate with the Chiliz blockchain, offering its fans a unique and engaging experience.

Chiliz Blockchain revolutionizing fan engagement

Spurs’ decision to tap into blockchain technology is driven by a desire to enhance supporter engagement and provide rewards through a Web3 fan token. This innovative move will be facilitated by Socios.com, a fan engagement platform built on the Chiliz blockchain, which has already garnered the interest of over 80 major sporting teams worldwide.

The Chiliz blockchain empowers teams to issue and manage fan tokens, digital collectibles, and real-world rewards while enabling fans to participate in decision-making processes related to their favourite teams, akin to decentralized autonomous organizations (DAOs).

This development aligns Tottenham Hotspur with other prestigious football clubs such as Manchester City, Arsenal, Barcelona, Paris Saint-Germain, Juventus, Inter Milan, AC Milan, Atlético Madrid, and A.S. Roma, all of which have embraced blockchain technology to revolutionize supporter engagement.

Tottenham Hotspur fan token launch

Tottenham Hotspur is set to launch its $SPURS fan tokens on October 4, 2023, providing fans with a unique opportunity to be part of the club’s digital ecosystem.

In addition to the fan token, Spurs will collaborate with MatchWornShit, a platform facilitating auctions of jerseys worn by players during games. The authentication of these auctions on the Chiliz blockchain ensures transparency and trust in the process.

Fan token holders will have a say in various team dynamics, including potential kit changes, through on-chain voting. The fan token will also introduce a range of club-related rewards and experiences, further engaging the fan base.

To ensure regulatory compliance, Socios users in the United Kingdom will start seeing disclaimers on fan token offerings from October 8th. This development is in response to the Financial Conduct Authority’s (FCA) oversight of crypto asset promotions, imposing stricter rules and emphasizing potential risks associated with cryptocurrencies and fan tokens.

Looking ahead, Tottenham Hotspur plans to integrate the fan token into its existing loyalty program and mobile app. This demonstrates the club’s commitment to providing its fans with an enhanced and seamless digital experience while fostering a stronger sense of community among supporters.

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EOS becomes first “climate-positive” blockchain network

  • EOS Network Foundation has partnered with Upland and Aerial.
  • The collaboration sees EOS become the first blockchain network to be “climate positive”.
  • EOS uses a proof-of-stake (PoS) consensus mechanism.

EOS Network has reached a landmark milestone among blockchain networks as its vision of a green blockchain crystalised with the latest collaboration between the EOS Network Foundation (ENF) and Upland, a Web3 platform for the metaverse.

EOS is “climate positive”

Although EOS was already a carbon neutral chain, ENF’s collaboration with Upland and sustainability platform Aerial to push the EOS Network from being a carbon-neutral blockchain to one that’s now “climate positive.”

The move comes amid growing adoption of green energy even across proof-of-work blockchains like Bitcoin, around which there has been much debate on how to achieve more in terms of environmental sustainability.

For EOS, a proof-of-stake (PoS) blockchain, becoming “climate positive” means that the network’s activities extend past the quest for net-zero carbon emissions. It means the ecosystem is helping the wider efforts on climate by removing extra CO2 from the atmosphere. With all carbon dioxide produced on the network offset by carbon credits, EOS is moving a step further.

Other than focus on their carbon footprint, ENF and partners will look to offset emissions via sustainable projects. The companies will also promote other green practices, including afforestation.

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Coinbase expands futures trading services globally

  • Coinbase International Exchange has received regulatory approval.
  • The approval underscores the company’s commitment to global expansion.
  • Coinbase’s CEO continues to advocate for regulatory clarity.

Coinbase, a leading cryptocurrency platform, has achieved a significant milestone by gaining regulatory approval from the Bermuda Monetary Authority (BMA) to offer perpetual futures trading services to retail customers outside the United States.

This development marks a strategic move to expand Coinbase’s global presence in the cryptocurrency market.

Global futures market dominance

The global futures market plays a pivotal role in the cryptocurrency ecosystem, accounting for nearly 80% of the total crypto market. It facilitates leveraged transactions and derivatives trading, which often contribute to market volatility.

With this approval, Coinbase International Exchange aims to tap into the immense trading activity in the crypto derivatives space.

Crypto derivatives transactions reached an impressive $1.85 trillion worldwide in July, as reported by research firm CCData. This data underscores the growing demand for futures and derivatives trading, making it a crucial component of the crypto industry.

Coinbase CEO advocates for regulatory clarity

Coinbase’s move to expand its services outside the United States comes amidst increasing regulatory scrutiny and uncertainty within the cryptocurrency industry. Coinbase CEO Brian Armstrong has been vocal about the need for clear and consistent regulatory frameworks in the United States.

Armstrong expressed frustration with US regulators and hinted at the possibility of relocating the company if regulatory conditions do not improve. He cited the lack of transparent rules as a hindrance to the industry’s growth and stability. Clear regulations, he believes, are vital for both the industry’s success and investor confidence.

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