Recap:

Yesterday BTC was in the congestion zone between 44576.96~ 37017.70, centering 39997.88, and was suppressed by 42525.4.

42658.15 was strong resistance and was dragged down to 42525.4, resulting in the price fall. The first resistance of 40927.71~40541.71, which we calculated yesterday, was tested from 9:00–11:00 am (UTC+8) and was broken at 12:00. Then the price came down from 42029.1 to 38603.5, supported by 38729.26.

The opening price today is 39422.5. (8:00 am UTC+8)

Trend Analysis：

BTC is still in the congestion zone, with another momentum shift. As the center was broken multiple times, its function as a resistance or support will not be as strong as it was. The price is likely to move around the central.

Now BTC is running between 44576.96 37017.70, centering 39846.10. The upper point is diverted to an area of 43944.7344576.96, as 44576.96 spreads its pressure down to 43944.73. The same principle applied to the resistance divergence from 42658.15 to 42525.4 yesterday and then to 42421.6 today.

Although we will see the price moving up and down within the congestion range, it will first remain in the lower range under the center as the opening price is below 39846.10 until it breaks up. The center of the day, however, is not strong, so we will see a wrestle here for some time today.

There are 3 level ranges to focus on:

1. The central at 39846.1, which drags price moving around it and be compared with the opening price at 8:00 (UTC+8) next morning.

2. A key supporting area between 3714037017.70. As long as the price remains above it, BTC will run in the upper range. If it’s broken, however, we cannot see a pullback to touch 37017.70 again within 3–5 days, and the congestion range automatically is adjusted to 38244.1428514.

3. A supporting area of 3530835009 outside the congestion range is the first target if 37017.70 is broken. The price might bounce back within the congestion or fail to recover if it lacks strength. If we don’t see a pullback in 8–12 hours, BTC will be likely to drop with a greater force and even see a plunge when it breaks 3530835009.

4. Currently, BTC is still in correction among a long-term bullish trend. The price will be bumping between key supports and resistances.

5. Supports：

6. 38495(weak); 3714037017.70; 36475.50、3530835009; 34372.82; 33722.29; 32865.77; 31785.40; 30000; 29220.63; 28514; 27315.14~27170.43; 25352.16 (pointless to see further down atm)

7. Resistances：

8. 40519.540793.3; 41960; 42421.6(divergent resistance of 42658.15); 43072.61; 43944.7344576.96; 45639.1645922.26; 46751.9447409.95; 48719.63~49084.21; 50843.93 (pointless to see further above atm)

9. Follow us on https://twitter.com/BitMidas to get instant daily updates!

10. 
    

Online gaming will never be the same. Play-to-earn (PTE) is finally decentralising an industry which used to live in set-top boxes. They’re a perfect example of the collision of physical and digital worlds. PTE combines a player’s digital identity, digital assets, and gaming track record to reward rather than charge them. And that’s huge!

Modern video games can be played in a wide range of emerging digital environments and create new forms of value creation. Start up’s like Axie Infinity, Forte and the increasing number of gamified metaverse’s create immense value in a matter of months.

Free Your Game

Our mission at ReneVerse is to support the decentralization of any game, integrating Game Platforms, Game Assets and the Metaverse. We serve game developers looking for an affordable, fast route to this new PTW marketplace. And we serve gamers looking to earn as they play.

We literally ‘Free Your Game’ and give you more control as a gamer or developer.

Meet Rene in our Universe — the ReneVerse

Major Industry

Today, most of this activity and money is captured by centralized businesses, giving game developers and publishers the rights to all gaming activity. Players simply pay to play and miss out on a slice of the $336 billion pie.

What’s the solution? PTE.

The prestigious World Economic Forum has taken notice. WEF authors Stefan Brambilla Hall and Moritz Baier-Lentz from BITKRAFT Ventures recently reviewed this new industry:

“This historically custodial model of ownership and profit-sharing has persisted as the industry has grown — but it might be on the cusp of transformation, with the arrival of so-called ‘play-to-earn’ games. This type of video game allows players to ‘truly’ earn and own digital assets that they can then sell outside of the game at their own discretion.”

ReneVerse is a unique offering for this huge market. We are a SaaS Business and a Crypto currency serving both Gaming Developers and Gamers.

Game Developer Benefits

For Game Developers, ReneVerse is a platform providing tools and technology solutions for game studios to help them efficiently integrate NFTs and blockchain technology.

Problems

Solutions

Gamer Benefits

Currently, there is little to no ownership over their in-game adventure and assets. We enable gamers to manage NFT game assets efficiently across different games and platforms.

Problems

Solutions

We do this by allowing the option for NFT staking through our portal. This includes a Renting and Borrowing feature, launched in Q1 of 2022, and Beta Interoperability features.

Timeline

ReneVerse’s alpha version will be ready as a minimum viable product early in 2022. Our alpha release will include a conversion portal for a largely popular game, allowing gamers to convert their in-game items to NFTs on ReneVerse. Some DeFi features will also be in place, such as an initial version of the marketplace and staking capabilities. Soon after, game developers will be able to mint. We will be in the Gaming Hall at South by Southwest in Austin in March — come and say hello!

hello@reneverse.io

Thanks to SHIBARMY for the opportunity to explain how $CIV technology works

Sator Settler — https://civfund.org/, [7 gen 2022, 18:58:28]:

Hello everyone!

Milkshake, [7 gen 2022, 18:58:41]:

Welcome Sator!

Someone Smart (maybe), [7 gen 2022, 18:59:14]:

Welcome.

Vet Yusuf ™, [7 gen 2022, 18:59:14]:

Welcome @sator_crypto

Cryptodex — Shibalover — i will never dm you, [7 gen 2022, 18:59:24]:

Welcome Sator!!

Sator Settler — https://civfund.org/, [7 gen 2022, 19:00:47]:

Feels like home, here.

Milkshake, [7 gen 2022, 19:00:58]:

It’s a great day #ShibArmy, wishing you a very Happy New Year!

We want to welcome the community to our second Woofable Pair AMA event, hosted in Telegram.

Obligatory meme below:

OK, now down to business:

Chainlink’s goal

Smart Contracts — consist of the agreement (defines what happens if x happens) & performance (outcomes of the contract that trigger the consequences to unfold)

The Oracle Problem — 2 problems

Smart contracts will allow someone in an unstable part of the world who relies on farming to survive to open an insurance policy online immediately to combat risk. All they need is:

You don’t have to rely on an insurance company whatsoever — mind blowing. And the alternative to that scenario is that you wait for a government to improve and conditions to allow insurance

What is Chainlink?

Oracle Networks

Chainlink framework

Hybrid contracts

With the steady growth of people investing and spending in cryptocurrency over the past few years, it is no surprise that many industries have accepted its importance in our present and future. And banks are no exception; In recent months, more and more banks have announced their plans to adopt cryptocurrencies.

Read Full Article in Details : https://cryptowelove.blogspot.com/2022/01/banks-adopting-cryptocurrency-payments-in-2022.html