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Drone Racing League lands $100 million deal with crypto platform Algorand
o Drone Racing League’s deal with Algorand is worth $100 million over five years, people with knowledge of the deal told CNBC.
o The cryptocurrency platform will take over DRL title rights starting with its sixth season which begins this month.
https://www.cnbc.com/2021/09/14/drone-racing-league-lands-100-million-deal-with-crypto-platform-algorand.html
Here's Why XRP, Chainlink, and Algorand Are Falling
o Proposed changes to the tax code could close a wash-sale loophole that has benefited crypto traders.
https://www.fool.com/investing/2021/09/13/heres-why-xrp-chainlink-and-algorand-are-falling/
Solana-backed products drew in record investment of $50 million last week, thanks to the sol token's resilience during the altcoin crash
https://markets.businessinsider.com/news/currencies/solana-sol-crypto-investments-50-million-inflows-bitcoin-ethereum-altcoins-2021-9
WE WILL COLLABORATE WITH CHAINLINK LABS ON RESEARCH AROUND ORACLES IN INDUSTRIES BEYOND DEFI
13 September 2021
"Chainlink Labs is an ideal research partner for looking into how oracles can be applied in markets segments beyond DeFi
The collaboration between TECNALIA ans Chainlink Labs will allow both organisations to identify opportunities for applying hybrid smarts and oracles in key global industries, with the goal of bringing additional value to its stakeholders, such as greater efficiency, lower costs, higher security guarantees, enhanced user privacy, and potentially even the introduction of use cases not yet imagined.
Oracles are external entities tasked with performing services on behalf of smart contracts, most notable retrieving external data, computing upon it, and delivering it back to the blockchain as a single trusted value. Combining the external connectivity and trust-minimized computation of oracles with blockchains introduces a framework for hybrid smart contracts on chain logic that is augmented by off-chain resources, enabling smart contracts to achieve new features like scalability, confidentiality, and external connectivity. The result is a much more advanced substrate for building decentralized applications on blockchains."
https://www.tecnalia.com/en/news/tecnalia-and-chainlink-labs-to-collaborate-on-research-around-oracles-in-industries-beyond-defi
Solana nets its first million-dollar NFT sale and it's for a Degenerate Ape
https://www.theblockcrypto.com/post/117432/solana-nets-its-first-million-dollar-nft-sale-and-its-for-a-degenerate-ape
An investor’s guide to Solana, the Ethereum alternative that’s up 300% in the last 30 days
https://www.cnbc.com/2021/09/12/an-investors-guide-to-solana-the-ethereum-alternative-thats-up-300percent-in-the-last-30-days.html
[b]NEWS!!!!!
Ethereum Competitor Launches $300,000,000 DeFi Fund to Fuel Crypto Adoption
"An Ethereum competitor is launching a $300 million fund to support decentralized finance (DeFi) innovation on its network.
Blockchain company Algorand Foundation is putting 150 million ALGO, worth $309 million at time of writing, into the Viridis DeFi Program in an effort to fuel the growth of development on its platform.
Sean Lee, chief executive officer of the Algorand Foundation, says the fund will help accelerate the adoption of DeFi across the project’s ecosystem.
“Creating the right infrastructure, application ecosystem, and liquidity will be key to ensuring that DeFi on Algorand is regarded as the world’s most energy-efficient, scalable and low-cost DeFi ecosystem.”'
More....
https://dailyhodl.com/2021/09/11/ethereum-competitor-launches-300000000-defi-fund-to-fuel-crypto-adoption/
These guys? It's like listening to dumb and dumber. (JP Morgan, dumb, and anyone who listens to them dumber).
Why Did JPMorgan Chase Get a Bailout?
https://www.askmoney.com/investing/jpmorgan-chase-bailout#:~:text=In%202008%2C%20JPMorgan%20Chase%20received,JPMorgan%20also%20acquired%20Washington%20Mutual.&text=JPMorgan%20repaid%20its%20funds%20in%20full%20in%20June%202009.
Better than 666 in more ways than one.
HERE’S WHY CHAINLINK COULD HIT $10000 IN THE NEXT 10 YEARS
Must see video (9:50 min.):
Algorand adoption on the rise
"Algorand (ALGO), a permissionless pure proof-of-stake blockchain protocol, is once again on the list of top performers after hitting a new multi-year high at $2.48.
According to data from Cointelegraph Markets Pro, market conditions for ALGO have been favorable for some time.
VORTECS™ Score (green) vs. ALGO price.
As seen in the chart above, the VORTECS™ Score for ALGO entered the green zone coming into the week and registered a high of 70 on Sept. 4, around 3 days before the price increased by 114%.
The continued bullishness for ALGO comes as the protocol prepares to roll out governance capabilities on Oct. 1 and the project also received a big vote of confidence from the government of El Salvador after it was chosen to help develop the country's blockchain infrastructure.
As seen in the chart above, the VORTECS™
Score for ALGO entered the green zone coming into the week and registered a high of 70 on Sept. 4, around 3 days before the price increased by 114%.
The continued bullishness for ALGO comes as the protocol prepares to roll out governance capabilities on Oct. 1 and the project also received a big vote of confidence from the government of El Salvador after it was chosen to help develop the country's blockchain infrastructure.
https://cointelegraph.com/news/presearch-frontier-and-algorand-book-double-digit-gains-as-altcoins-soar
Good article HeyHo. This conservative target is for YE. Imagine what next year's going to be like with volumes of added smart contracts too. .
This is why I've been buying more and more SOL with every dip, albeit the dips are getting more insignificant with this beast.
Acala Integrating Chainlink Oracle Pallet for Price Feeds Upon Upcoming Polkadot Launch
"After years of hard work and development, the Polkadot ecosystem is gearing up for the launch of numerous parachains that will set the foundation for its interoperable blockchain ecosystem. As one of the first parachains planned to go live, Acala is focused on hitting the ground running with a full service, multi-chain DeFi Hub built on Polkadot. Ensuring a successful and secure launch of Acala means integrating with key infrastructure and tooling required for rapid development and robust security of user funds.
One of the most important pieces of infrastructure to the Acala DeFi parachain is oracles, as oracles provide key inputs like asset prices and market information needed to perform critical functions. It’s why Acala is actively integrating Chainlink Price Feeds to create a strong foundation for its DeFi ecosystem, giving developers access to the industry’s most time-tested decentralized oracle solutions right at launch. Through Chainlink, developers will be able to tap into decentralized price oracles for a wide range of asset prices that are backed by high-quality data, low latency updates, and robust underlying infrastructure optimized for availability and tamper-resistance."
Steve Harvey Is the New Face of Solana’s NFT Boom
"Solana (SOL) just hit an all-time high price after the comedian and TV host changed his Twitter profile picture. Coincidence?
In brief
o Comedian Steve Harvey just changed his profile picture to that of a Solana Monkey Business NFT.
o Solana’s NFT scene has picked up considerably in recent weeks amidst surging value for the SOL cryptocurrency."
https://decrypt.co/80509/steve-harvey-new-face-solana-nft-boom
Last updated on Sep 9
Solana is the fastest blockchain in the world and the fastest growing ecosystem in crypto, with over 400 projects spanning DeFi, NFTs, Web3 and more.
Last updated on Sep 9:
ALL (339)
AMM (27)
APP (83)
COMMUNITY (1)
CROSS-CHAIN (1)
DAPP (3)
DEFI (107)
DEX (35)
EXPLORER (19)
ECOSYSTEM FUND (14)
GAME (2)
VERNANCE (3)
INFRASTRUCTURE (27)
INVESTMENT FUND (3)
METAPLEX (13)
NFTS (42)NFTS (1)
ORACLE (7)
SDK (4)
SPL (25)
STABLECOIN (9)
TOOLS (29)
WALLET (27)
WEB3 (1)
YIELD (1)
With this:
1,712 Live transactions per second
$0.00025 Avg. cost per transaction
955 Validator nodes
https://solana.com/ecosystem
What an awesome comeback. Solana will be the new ETH on the block soon.
Anybody see Algorand (ALGO) lately?
It's up 37% today as of this date/time.
Solana is my biggest position too. Followed by Chainlink (LINK) and Cosmos (ATOM). I have several other smaller positions I'm waiting to see how they develop before I put more $ into them.
Good luck.
BTW, it looks like I called the bottom of Solana's slide this morning within minutes. That's when I bought more.
I got in around $158 this morning.
I use Economics 101. Supply vs Demand.
Generally, when there's more buyers than sellers, buy.
When there's more sellers than buyers, sell.
I say generally, because sometimes there is short term reasons for the crypto going down. You be the judge.
You can see from this chart the clear buyers vs sellers. Watch for a solid trend or overwhelming volume one way or the other.
This retracement was expected....Now I'm buying more.
(See "reply to" post).
SOL price nears $200 after FTX’s Solana-enabled NFT marketplace goes live
https://cointelegraph.com/news/sol-price-nears-200-after-ftx-s-solana-enabled-nft-marketplace-goes-live
Here's a good reason Link shouldn't be dropping:
LINK price locks in 36% gains following Ethereum layer 2's Chainlink integration
https://cointelegraph.com/news/link-price-locks-in-36-gains-following-ethereum-layer-2-chainlink-integration
Be ready for a retracement after this steep of a price escalation.
I always buy at the "estimated" low of the retracement.
Have you read the article I posted in post #37 yet...it's awesome.
A must read:
Is Solana the real Ethereum killer?
Its price is up an extraordinary 40 times over 12 months, and it’s not all hype. There’s some brilliant technology behind this exceptional surge.
"Here’s why there’s so much excitement about Solana (SOL): while the Bitcoin blockchain can handle about seven transactions a second, Ethereum (ETH) can handle 30 and Solana – wait for it – around 65 000 a second".
"It currently costs between $0.00025 and $0.0001 per transaction. Compare this with the roughly 3% cost of transacting via Visa, $5 on Bitcoin, or $10-$65 on Ethereum (depending on network congestion)".
Read much more....
https://www.moneyweb.co.za/in-depth/revix/is-solana-the-real-ethereum-killer/
Secure the ledger. Earn SOL.
https://solana.com/validators
SpaceSwap is Integrating Chainlink Price Feeds to Secure Lending and Multi-Borrowing Protocol
"SpaceSwap — a diverse ecosystem of DeFi products that include the crypto lending protocol SpaceLend — is integrating Chainlink Price Feeds on the Binance Smart Chain mainnet. By integrating Chainlink’s industry-leading decentralized oracle network, SpaceSwap will be gain access to the high-quality, tamper-proof price feeds needed for creating a secure and seamless multi-borrowing/lending protocol. This will help provide our users with strong assurances that SpaceLend references accurate price data when utilizing a variety of cryptocurrencies on the platform."
https://blog.spaceswap.app/tpost/vjzlpcist1-spaceswap-is-integrating-chainlink-price
DeXe is Integrating Chainlink Price Feeds and Chainlink Keepers to Power Charts and Limit Swaps
"In an important milestone for social trading in DeFi, the Dexe Network is integrating industry-leading oracle network Chainlink to help power multiple platform features. The first, which is now live today, involves using Chainlink Price Feeds to list current fair market exchange rates and generate price charts within the DeXe Investment platform. The second, involves an upcoming integration of Chainlink Keepers to enable limit order functionality within our new LimitSwaps product. By integrating both Chainlink Price Feeds and Keepers, we will ensure that our products are highly reliable, backed by high quality data, and easy to use for our growing social trading community."
https://dexenetwork.medium.com/dexe-is-integrating-chainlink-price-feeds-and-chainlink-keepers-to-power-charts-and-limit-swaps-6a480cf491b0
You're exactly right Turbo. I have about 7 different cryptos in my portfolio at any given time, but I convert a portion of funds to the ones that're performing the best, or ones that have new projects coming online that I expect will be performing the best. Sometimes I may take new cryptos in, and others may go. But the review and shifting between some may be daily or at least weekly. (Usually only portions of a single crypto holding get shifted to another).
(Coinbase, for example, has free conversions between cryptos).
I've done very thorough research behind each of these to begin with. They're all the best at what they do.
Cardano ADA YTD ROI:
https://coinlib.io/en/compare/2021-01-01/BTC/ADA
Rick McFarland: Using Chainlink to Get LexisNexis’ Legal Data On-Chain
Just need to listen to 3:55 minutes to 5:02 minutes in to get the jest of what they're talking about as far as smart contracts for legal assistance.
Just one awesome use case out of millions.
Full video:
The bottom of the Fibonacci retracements are awesome buying opportunities.
Experts believe Cardano will displace Ethereum as the second-largest crypto as ADA prepares for 400% breakout
(News from 1 1/2 weeks ago).
"o Analysts state that a gain of four times the current price and market capitalization would bring Cardano neck and neck with Ethereum.
o Crypto Twitter is abuzz with the possibility of Cardano flipping Ethereum to become the second-largest cryptocurrency.
o A cryptocurrency analyst and entrepreneur, Tai Zen, states that the time taken by Cardano for going from $5 to $10 will be shorter than the time taken to go to $5.
https://www.fxstreet.com/cryptocurrencies/news/experts-believe-cardano-will-displace-ethereum-as-the-second-largest-crypto-as-ada-prepares-for-400-breakout-202108240826
Huge list of job openings for Chainlink:
https://chainlinklabs.com/jobs
Cardano Successfully Upgrades Testnet For Smart Contracts Capability As ADA Accelerates
"Cardano has announced the hardfork of the Alonzo testnet which was implemented on 1 September as successful and one more step closer to the Mainnet launch on September 12, 2021".
https://zycrypto.com/cardano-successfully-upgrades-testnet-for-smart-contracts-capability-as-ada-accelerates/
Chainlink: Undervalued And Under-Hyped
"Summary
o Chainlink is fundamental to the long-term growth of the cyber-economy, and has the most potential to eventually flip Bitcoin.
o Chainlink is becoming the global standard for data distribution and accessibility. This applies to both blockchains and private enterprises.
o More so than Ethereum, Chainlink is the glue that allows the entire crypto-economy to function. Eventually, Chainlink may tether the global economy."
https://seekingalpha.com/article/4452901-chainlink-undervalued-and-under-hyped
Chainlink Price Feeds Live on Optimistic Ethereum for Quick, Secure, and Scalable DeFi Development
https://www.prnewswire.com/news-releases/chainlink-price-feeds-live-on-optimistic-ethereum-for-quick-secure-and-scalable-defi-development-301366781.html