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• Fluidity Money is partnering with Request Finance to offer rewards for using its stablecoins.
• Rewards can range from a few cents to hundreds of dollars and are split between the sender and the receiver.
• Fluidity Money plans to expand its rewards offering by enabling users to earn non-fungible tokens (NFTs) as rewards.

Fluidity Money Partners With Request Finance

Fluidity Money, a „spend-to-earn“ DeFi protocol, has announced a partnership with enterprise crypto payments app Request Finance. This will give users the chance to receive significant rewards when they use Fluid stablecoins to make payments through the app.

How Does It Work?

Users mint new Fluid Assets within the Fluidity Webapp on a one-to-one basis (e.g 1 fUSDC for 1 USDC). When these tokens are used for payments, 80% of any yield generated by depositing USDC or USDT into third-party DeFi protocols such as Compound is used to fund cashback rewards. These rewards have a 40%-70% chance of being higher than the amount sent, and are split 80%-20% between senders and receivers.

What Kind of Rewards Can be Earned?

The rewards earned from using Fluid stablecoins range from a few cents up to hundreds of dollars. Additionally, Fluidity Money plansto expand its reward offering by allowing users to earn non-fungible tokens (NFTs) as well – which could represent anything from tickets to physical events, merchant credits like air miles or digital collectibles.

Request Finance Overview

Request Finance serves thousands of businesses with features such as invoice payment requests, payroll expenses and more – making it one of the most widely used crypto payment apps out there today. By partnering with them, Fluidity Money brings its cashback reward scheme directly into those businesses‘ payment systems..

Conclusion

This partnership between Fluidity Money and Request Finance is set to bring massive benefits for both businesses and individuals who use their services – giving them access to potentially huge rewards each time they make payments using Fluid stablecoins instead of regular cryptocurrencies.

• Bitcoin (BTC/USD) has recently traded as high as the 26553.90 level and is currently orbiting the 25000 figure.
• Upside price objectives related to buying pressure around the 15460 and 16326.16 areas include the 26931, 27609, 28004, 29244, and 29639 levels.
• Retracement levels and areas of potential technical support include the 25451, 24905, 24769, 24218, 23885, 23667, 23061, 22985, 22882, 22236, and 21882 levels.

Elevated Volatility Returns for BTC/USD

Bitcoin (BTC/USD) continued to experience elevated volatility early in the Asian session with its strongest print since June 2022 at 26553.90. Stops were triggered above multiple levels such as 21753 and 22428 with upside price objectives at 26931 and 27609 respectively.

Upside Price Objectives

Buying pressure emerged around the 24064.72 area during a recent pullback which is a 78.6% retracement of its depreciating range from 25288.88 to 19568.52. Upside price targets have been set around 15460 and 16326.16 which include 26931, 27609 ,28004 ,29244 ,and 29639 respectively .

Retracement Levels & Technical Support

Following an appreciation in value retracement levels have been identified including 25451 ,24905 ,24769 ,24218 ,23885 ,23667 ,23061 ,22985 ,22882 ,22236 and 21882 with potential technical support at 19266 and 19132 .                                                                                                                                                  
                                                                 
 

Moving Averages

Traders are noting that 50-bar MA (4-hourly) is bearishly indicating below 100-bar MA (4-hourly) and 200-bar MA (4-hourly). Additionally 50-bar MA (Hourly) is bullishly indicating above 100-bar MA (Hourly) & 200-bar MA (Hourly). Price activity is nearest 200 bar MA(4 hourly) at 22932 & 50 bar MA(Hourly) at 24602 .                                                             

Additional Technically Significant Areas

Additional technically significant areas include 15900 ,15512 15313 14500 14364 13369 10727 10432 9682 8837 7538 .                           

< h2 > Indicators On 4 Hourly chart SlowK is Bearishly Below SlowD while MACD is Bullishly Above MACDAverage; on 60 minute chart SlowK is Bullishly Above SlowD while MACD is Bearishly Below MACDAverage .                 Disclaimer : Sally Ho’s Technical Analysis provided by third party for informational purposes only not reflecting Crypto Daily views or intended to be used as legal tax investment or financial advice .

• DeFiChain, the world’s leading blockchain on the Bitcoin network dedicated to bringing decentralized financial applications and services to everyone, has voted to sponsor the National Fighting Championship (NFC) this year.
• The NFC is the German version of the widely known UFC, hosting six live events in 2023. It attracts 2,500-6,000 fans onsite and is broadcasted on German television and social media.
• DeFiChain will sponsor five of these six events this year with a “Fighter Of The Night Bonus” for the best fight of the evening as well as a “Fan of the Night Bonus” for one fan who will be selected at random.

DeFiChain to Sponsor National Fighting Championship

DeFiChain, the world’s leading blockchain on the Bitcoin network dedicated to bringing decentralized financial applications and services to everyone, is delighted to announce that its community has voted to sponsor the National Fighting Championship (NFC) this year.

About NFC

The NFC is Germany’s version of UFC which hosts six live events in 2023 each attracting 2,500-6,000 fans and broadcasted on German television and social media. The most recent event (NFC 10) reached over 10 million viewers worldwide making it Germany’s biggest MMA league.

Sponsorship Details

DeFiChain will sponsor five out of six events this year with Michael Ortlepp, Managing Director of Fighting GmbH saying “It is a great joy and privilege for us to announce our partnership with DeFiChain. NFC as well as DeFiChain follow the same values and goals and are made for a great partnership that will have a lasting effect on the German MMA scene.“

Bonus Programmes

In addition to sponsoring five out of six events this year, DeFiChain will also introduce two bonus programmes; namely „Fighter Of The Night Bonus“ where fighters will be paid directly in DFI tokens into their Wallet after each fight. There will also be a „Fan of the Night Bonus“ where one fan per event will be randomly selected from those present at each venue.

Conclusion

By sponsoring such an event DeFiChain aims to attract more crypto-curious people in Germany by involving itself within different sports activities such as gaming, basketball, fighting sports and drone racing – all areas popular amongst crypto users & developers according to market research conducted by DeFiChain prior to sponsoring NFC.

• The Ethereum network has successfully completed the second testnet, i.e., the Sepolia testnet, in preparation for the upcoming Shanghai upgrade.
• This brings that much-awaited Shanghai upgrade one step closer, which would mark the network’s complete transition to a fully functional proof-of-stake mechanism.
• The third and final testnet, i.e., the Goerli testnet, is scheduled just before Shanghai goes live on the mainnet.

The Ethereum Network Upgrades

The Ethereum network is currently undergoing a series of upgrades in order to improve its overall functionality and scalability. One such major update is the ‚Shanghai/Capella‘ upgrade or ‚Shapella‘ upgrade which will mark the complete transition of the network from proof-of-work (PoW) to proof-of-stake (PoS). In preparation for this update, two successful testnets have been conducted with another one scheduled for later this month.

Sepolia Testnet Successfully Triggered

In order to prepare for this update and ensure its successful deployment on the mainnet, two testnets were conducted – Zhejiang and Sepolia – both of which have been completed successfully. The most recent one being Sepolia, which was triggered on February 21st and allowed validators to withdraw their staked ETH back to the execution layer after it had been processed by Sepolia successfully. This brings that much awaited Shanghai upgrade a step closer as it will enable users to withdraw staking rewards from their staked ETH when deployed on mainnet.

Testing Schedules Affected

The Zhejiang test revealed some minor bugs but these issues have since then been addressed by developers who have clarified that these errors won’t affect the deployment date on mainnet either way. Following up with its success was another closed testing round – Sepolia – wherein only core developers had access; however it managed to replicate withdrawals of staked ether successfully as well thereby giving developers a better run through of what is expected once deployed on main chain. The third and final test net – Goerli – is set for later this month just before Shanghai goes live on mainchain itself; however there is possibility of extending dates due to three week gap between Zheijiang and Sepolia tests already taken place.

Expectations

This development has left many expecting positive results in terms of native crypto ETH once deployed completely; as it would mean more stability with regards to transaction costs alongwith improved scalability thanks to sharding tech also included in Shapella upgrade package..

Conclusion

While all eyes are set upon Goerli Test waiting eagerly for Shapella upgrade’s deployment onto Mainet itself ,the other two tests -Zhejiang nd Seopilia have passed with flying colors thus making sure everything works perfectly fine before taking big leap forward towards full PoS protocol transition .

• ChainwireMassive Gaming, NEOWIZ’s overseas affiliate, will launch the global social casino slot game House of Slots in March 2023.
• The game will feature tokens, airdrops, and NFT free minting before and after launch.
• Stable USDC coin fixed to the value of the US dollar will be used to prevent decline in token value.

Introduction

ChainwireMassive Gaming, NEOWIZ’s overseas affiliate, is launching the global social casino slot game House of Slots in March 2023. This game is set to provide users with an opportunity to experience a Play and Earn ecosystem before its launch.

Features

House of Slots offers over 80 different social casino slots games and provides users with a realistic fair gaming experience. Through Web3-based Play and Earn system users can unlock rewards through the decentralized economy within the game that allow them to own more value within it. Airdrop events are scheduled before launch as well as user reward events after it. To participate in each event an IntellaX wallet must be installed which can be done easily by registering or linking their email address. There are additional benefits through mission play and NFT holders can receive special rewards after opening up limited events. Moreover, stable USDC coin fixed at the value of US dollars are being used to prevent decline in token values.

Communities

Users can join communities on Discord, Twitter, and Telegram where they can get information about upcoming airdrops and NFT free minting events. Links for these airdrop pages can also be found on Gleam for easy access for users who wish to take part in these events.

Benefits

The most notable aspect of this project is that global users are able to play various social casino games for free while earning USDC with specific goods provided by the game itself without any decline in token values due to adoption of stable coins pegged at the US dollar’s value. Furthermore, playing missions allows one to earn more valuable rewards along with NFT holder limited events after opening up that give exclusive rewards only available for those who own an NFT from House Of Slots itself

Final Words

House Of Slots has built up a community around its slots machine while providing real world benefits such as earnings through mission plays or free minting of digital asset backed tokens allowing players to gain ownership rights over their virtual assets gained during gameplay. Join our discord server or check out our Medium page for further updates regarding upcoming events!

• Ethereum developers have agreed on Feb. 28 as the target date for the Shanghai upgrade, allowing withdrawals of staked ether.
• Genesis Global Holdco unveiled a proposed plan to sell itself alongside Genesis Global Trading to pay off creditors.
• Surojit Chatterjee, former chief product officer for Coinbase, has joined venture capital firm Andreessen Horowitz as an executive in residence.

Ethereum’s Upcoming Shanghai Hard Fork

Ethereum developers have agreed on February 28th as the target date for pushing their Sepolia test network through the Shanghai hard fork upgrade. This will allow users to make withdrawals from staked ether and represents a major move forward for the blockchain.

Genesis Global Holdco Proposed Sale Plan

In order to help parent company Digital Currency Group (DCG) pay off some of its creditors, Genesis Global Holdco recently filed for bankruptcy protection and unveiled a final proposed plan to sell itself alongside Genesis Global Trading.

Coinbase Executive Joins A16z

Surojit Chatterjee, who formerly served as Coinbase’s Chief Product Officer, recently made news by joining venture capital firm Andreessen Horowitz as an executive in residence for their crypto unit.

BTC Price Drop

The Bitcoin-Dollar pair dropped 0.8% in the last session after rising as much as 1%. The MACD is giving a negative signal with support at 21505 and resistance at 22083. The Ultimate Oscillator is currently in negative territory signalling an oversold market.

Daily Economic Calendar

Today’s economic calendar includes US 3-Month Bill Auction at 16:30 GMT and US 6-Month Bill Auction at 16:30 GMT as well as Eurozone’s Eurogroup Meeting at 07:00 GMT. Treasury bills are short-term securities maturing in one year or less and their yield reflects investor return when held until maturity.

• Bitcoin (BTC/USD) rebounded slightly early in the Asian session as the pair rallied back above the 24000 figure.
• Stops were elected above the 24224.60 and 23980.62 levels, representing an upside price objective related to buying pressure around the 15460 and 20370.01 areas.
• Technical support and potential buying pressure are around 22389, 22184, 21230, 20294, 19861, 19357, and 18822 levels while technical resistance is expected near 25455.06/ 25774.41/ 26612.64 with Stops expected above.

Overview

Bitcoin (BTC/USD) rebounded slightly early in the Asian session as the pair rallied back above the 24000 figure after bottoming out around 23257.71 area, a move lower that represented another test of the 200-hour simple moving average.

Buying Pressure

Stops were elected above the 24224.60 level, an upside price objective related to buying pressure that emerged around the 15460 and 20370.01 areas. Additional Stops were recently elected above the 23980.62 level representing an upside price objective associated with demand around the 20333.33 level.. Upside price objectives related to buying pressure around these areas include 25455, 25774, 27609, 28004 ,26612 ,26931 ,29244 ,29639 respectively .

Technical Support & Resistance

Following recent move higher to multi-month highs technical support levels and potential buying pressure are found at 22389 ,22184 ,21230 ,20294 ,19861 ,19357 & 18822 respectively while technical resistance is near 25455 /25774 /26612 with Stops expected above . Moving averages suggest bullish trend in both 4 hourly & hourly charts .

Indicators

On 4 Hourly chart SlowK is Bearishly below SlowD while MACD is Bearishly below MACDAverage . On 60 minute chart however SlowK is Bullishly above SlowD while MACD is Bullishly above MACDAverage .

Disclaimer

Sally Ho’s Technical Analysis should not be used as legal advice or financial advice . It only serves as informational purpose only .

• The Litecoin price has seen considerable recovery since the December 2022 bottom, with a 50% appreciation in January.
• The altcoin has been consolidating on its daily chart, with a 0.3% drop in price over the last 24 hours.
• Technical indicators point to a bullish outlook for the coin, with buyers maintaining the upper hand on the chart.

The cryptocurrency market has been in a frenzy lately, with various digital assets experiencing significant price appreciation. One of the coins that has been exhibiting major gains is Litecoin (LTC). After facing a significant downtrend in December 2022, the altcoin has been on an upward trajectory, with a 50% increase in its price since the start of this year.

Despite the impressive gains, the Litecoin price has been range-bound in the last 24 hours. The altcoin has fallen by 0.3%, and its market capitalization has decreased by 3%. Despite the slight pullback, the technical outlook of Litecoin remains bullish, with buyers maintaining the upper hand on the chart. Price accumulation signals have also been positive, indicating that demand for the altcoin is still strong.

At the time of writing, LTC was trading at $88.11, 78% below its all-time high of 2021. The coin has pierced through several resistance lines over the past several weeks but has failed to hold on to the momentum. LTC is currently facing two rigid resistance levels at $90 and $92. If demand for the altcoin remains steady, then LTC might attempt to break past these levels in the upcoming week.

Overall, Litecoin’s recovery since December 2022 has been remarkable, and the altcoin’s current price action indicates that there is still room for further appreciation. With the technical indicators pointing to a bullish outlook, investors remain hopeful that Litecoin will be able to reach its all-time high in the near future.

• The Solana price has seen considerable upward momentum, breaching several key resistance levels.
• The coin has appreciated by nearly 20% in the past 24 hours, and 40% in the past week.
• The market capitalization of Solana has increased, making it available at a 90% discount to its all-time high.

The Solana price has been on a major bullish run in recent times, with the coin breaching key resistance levels and achieving considerable gains in the past week. Over the last 24 hours, SOL has seen an increase of nearly 20%, and in the last week, the altcoin has appreciated by a whopping 40%. This impressive rally can be attributed to the fact that Bitcoin’s price has remained above $20,000, leading to a surge in the prices of other altcoins.

The technical outlook of the coin is currently highly bullish, with the coin having broken through multiple resistance levels and being overbought. This means that the coin could be due for a price correction, thus presenting buyers with a potentially lucrative buying opportunity. Furthermore, the market capitalization of Solana has also increased, meaning that there is an increased demand for the coin, making it available at a 90% discount to its all-time high, which was established in 2021.

As of now, the coin is trading at $25, which has acted as a stiff resistance level in the past. It is essential that Solana stay above this price point in order to maintain the bullish momentum. The next overhead resistance is at $31, which the coin will need to breach in order to make further gains. With the current bullish trend in the crypto market, it is likely that Solana will make further strides in the coming days.

• Bitcoin has been breaking through multiple crucial resistances since the start of the year, now trading at $23,008.
• The current market cap of the entire cryptocurrency market is at $1.05 trillion, according to CoinMarketCap.
• Twitter has been very bullish since the coin broke through its latest line of resistance, with analysts targeting $100,000 in the long-term.

The cryptocurrency market is on fire as Bitcoin, the king of cryptocurrencies, has been breaking through multiple crucial resistances since the start of the year. According to CoinGecko, the coin is now up 14% in the weekly timeframe, and trading at a stunning $23,008. This price movement has led to the breaking of the $22,000 and $23,000 resistance levels that have been limiting the crypto’s ascent, and validating the entry of this year’s bull market.

The entire crypto market is experiencing a resurgence in almost all aspects, reflecting in its market cap which is now at $1.05 trillion, according to CoinMarketCap. This resurgence has been driven by a complete U-turn in investor sentiment on cryptocurrencies as both Ethereum and Bitcoin have seen massive gains, along with other top altcoins.

The break of the $23k wall has been met with great enthusiasm on social media, with Twitter being very bullish. Analysts say that this surge in the coin’s price will lead to even greater gains, with some even targeting $100,000, or more, in the long term. This recent price movement has also led to massive liquidations of short positions on Bitcoin.

The surge in Bitcoin’s price may be driven by the NASDAQ index that jumped almost 3% as tech stocks led the market rally. Bitcoin is heavily connected to the Nasdaq, with many institutional investors and hedge funds investing in the digital asset. As the crypto market continues to grow, more and more investors are showing interest in the asset class, pushing its prices to new highs.

It is expected that the cryptocurrency market will continue to grow in the coming months, as Bitcoin continues to break through important resistances. With the crypto market now valued at over $1 trillion, it is expected that more investors will flock to the asset class, driving its prices even higher.