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  • MRHB DeFi Launches Souq NFT Marketplace with Unique ‘Hallal Gachyi’ from Gachyi Land | by Bit Media Buzz | Dec, 2021

    MRHB DeFi Launches Souq NFT Marketplace with Unique ‘Hallal Gachyi’ from Gachyi Land | by Bit Media Buzz | Dec, 2021

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    Bit Media Buzz

    Melbourne, Australia, December 23rd, 2021 — The world’s first ethical and inclusive DeFi ecosystem platform MRHB DeFi has launched its highly anticipated Souq NFT marketplace. Partnering with Gachyi Land, the first blockchain gaming gacha-launchpad ecosystem, the two parties will mint and issue Hallal Gachyi, a unique Gachyi Land-themed NFT collection created for Souq NFT.

    Souq NFT is the first NFT marketplace in the world focussed on creating an ethical and halal marketplace for digital art and other NFT assets. Artists on the platform follow image, audio and video content guidelines such as no hate speech, racism or nudity, and must verify that the artworks are original pieces (no rip-offs of existing NFTs).

    The MRHB DeFi collaboration with Gachyi Land will see the latter create 1,410 Hallal Gachyi NFTs (otherwise known as ‘Rimos’). MRHB DeFi will create and deploy the smart contract for these NFTs and Hallal Gachyi will be sold on Souq NFT marketplace.

    “Our vision to create an inclusive, ethical DeFi and NFT ecosystem continues to take shape,” says Deniz Dalkilic, CTO of MRHB DeFi. “The Hallal Gachyi collection is the result of a unique collaboration with Gachyi Land and demonstrates our commitment to launching quality crypto products that meet and hopefully exceed community expectations.”

    “NFTs are the building blocks of our digital future — they allow us to own digital items in ways we have never been able to before,” comments May Wong, founder of Gachyi Land. “We wanted to provide a colorful and cute entry point into the NFT space for the Islamic community, in the form of a ‘Rimo’. The NFT space has shown us that early adoption of NFTs that gain value over time represents opportunity. We are excited to release Hallal Gachyi with MRHB and provide value to their community!”

    Hallal Gachyi NFTs will be issued on the BSC blockchain using the ERC-721 token standard. NFT owners will be able to play a mini-game at a future date where they can earn rewards such as $MRHB tokens and $Polymer tokens. The NFTs will also receive utility in Gachyi Land’s MMO RPG (Massively Multiplayer Online Role-Playing Game), expected to be released in 2023.

    Both parties will promote the new venture together on their respective platforms and are exploring future plans for MRHB to create other gamification models that integrate with the MRHB ecosystem.



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  • Bitcoin Resumes Decline, Indicators Suggest Limited Upside

    Bitcoin Resumes Decline, Indicators Suggest Limited Upside

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    Bitcoin started a fresh decline below the $50,000 support against the US Dollar. BTC remains at a risk of a larger decline below $47,500 in the near term.

    • Bitcoin started a fresh decline below the $50,000 and $49,500 support levels.
    • The price is trading below $49,000 and the 100 hourly simple moving average.
    • There was a break below a bearish continuation pattern with support near $49,200 on the hourly chart of the BTC/USD pair (data feed from Kraken).
    • The pair could correct higher, but upsides might be limited above $49,200 in the near term.

    Bitcoin Price Gains Bearish Momentum

    Bitcoin price failed to gain strength and started a fresh decline below the $50,000 support. BTC traded below the $49,200 and $49,000 levels to move into a bearish zone.

    Besides, there was a break below a bearish continuation pattern with support near $49,200 on the hourly chart of the BTC/USD pair. The pair even traded below the $48,500 support zone and traded close to the $47,200 level.

    A low is formed near $47,305 and the price is now consolidating. Bitcoin is trading below $49,000 and the 100 hourly simple moving average. An immediate resistance on the upside is near the $48,200 level. The first major resistance is near the $48,500 level.

    The 23.6% Fib retracement level of the recent decline from the $52,111 swing high to $47,305 low is also near $48,500. The next key resistance could be $49,800.

    Bitcoin Price

    Source: BTCUSD on TradingView.com

    Besides, the 50% Fib retracement level of the recent decline from the $52,111 swing high to $47,305 low is near the $49,700 zone to act as a resistance. A clear move above the $49,800 resistance zone could start a fresh increase. The next major stop for the bulls may possibly be near the $51,200 level.

    More Losses In BTC?

    If bitcoin fails to recover above $49,200, it could continue to move down. An immediate support is near the $47,500 zone. The first major support is near $47,200.

    A downside break below the $47,200 level could push the price towards the $46,500 support. Any more losses may possibly lead the price towards the $45,500 support zone.

    Technical indicators:

    Hourly MACD – The MACD is slowly losing pace in the bearish zone.

    Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is well below the 40 level.

    Major Support Levels – $47,200, followed by $46,500.

    Major Resistance Levels – $48,200, $48,800 and $49,800.

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  • Successful Listen ($LSTN) Fundraising on Launchpool followed by NFT Sale with Massive Discounts | by Bit Media Buzz | Dec, 2021

    Successful Listen ($LSTN) Fundraising on Launchpool followed by NFT Sale with Massive Discounts | by Bit Media Buzz | Dec, 2021

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    Bit Media Buzz

    British Virgin Islands, 22nd Dec 2021 — Following a successful community raise on Launchpool, with 2.7 million tokens staked by 3,000+ wallets at a value of USD 9.4 million, Tony Hollingsworth, CEO of the Listen Campaign announced a massive increase in $LSTN utilities, including a 50% discount on Listen NFTs.

    “We are very pleased with the private sales of the Listen Tokens ($LSTN),” said Hollingsworth. “After the initial raise, we went back at the request of the Launchpool community for a total raise of $750,000 and an additional $350,000 on Infinity Pad. With Lightning and IDO coming up, we then decided to reward our loyal holders and give back via this massive discount.”

    Listen NFT collections

    The NFT sale will begin with an unprecedented collection of NFTs featuring never-to-be-repeated performances by huge artists such as Stevie Wonder, Sting, Bob Dylan, David Bowie, BB King, George Michael, Jon Bon Jovi, MC Hammer, and dozens more.

    In addition to the discounts available, $LSTN token holders have a chance to win 1 of 50 pairs of tickets to the private view of the “Listen Live” event at the Los Angeles Coliseum on June 20th to 22nd, featuring dozens of film and music stars.

    “In order to reward our most loyal holders,” continued Hollingsworth, “those with greater holdings will unlock greater discounts, but we will do more, including having auctions that are open only to $LSTN holders, staking benefits and spot contests and prizes.”

    The Listen Campaign platform has an annual reach of 500 million people

    The Listen NFTs are a part of the Listen Campaign, a global broadcast campaign in 200 countries, 9 languages and scheduled to reach over 500 million people. The Listen Campaign will benefit 1 billion vulnerable and disadvantaged children around the world. The tokens themselves will be supported via a massive marketing and advertising campaign.

    Record-holding team

    The team behind the Listen Campaign is headed by Tony Hollingsworth, who created nine of the largest global campaigns including the “Nelson Mandela 70th Anniversary Tribute” and “The Wall: Live in Berlin”. They will be bringing their expertise to the decade-long Listen Campaign.

    As the team prepares for launch, they have lined up their final IDO Launchpad with Lightning to further increase the number of token holders, project supporters and community members.

    Imminent completion of the security audit will be followed by a strong promotion and execution of TGE and NFT launch via the ‘Listen Collectibles Auction and Shop’.

    LCAS, Built on Flow

    Listen built their platform from the ground up to make buying NFTs as easy as possible for non-Crypto audiences. It is built on the Flow blockchain so it is faster, allows for native fiat payments using regular credit cards and has lower transaction fees. Flow is also more environmentally friendly than Ethereum.

    Listen Official Channels

    Website: www.listentoken.com

    Telegram: https://t.me/listenNFT

    Email: marcelos@listencampaign.com

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  • Bitcoin daily losses near $4K as S&P 500 hits 69th all-time high of 2021

    Bitcoin daily losses near $4K as S&P 500 hits 69th all-time high of 2021

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    Bitcoin (BTC) dropped nearly $4,000 on Dec. 28 as the market offered a sharp reminder that the bull run would need to wait. 

    BTC analysts eyes $44,000

    BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView

    Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting lows of $48,335 on Bitstamp at Dec. 28’s Wall Street open.

    The pair had passed $52,000 the previous day, this marking a three-week high, before pressure from sellers halted progress.

    At the time of writing, Bitcoin circled $49,000 as traders took the opportunity to remind audiences of Bitcoin’s ongoing active range.

    “Humans get bullish at resistance. It’s a thing,” Scott Melker summarized.

    “Still ranging. Nothing has changed.”

    The $52,000 trip indeed failed to attack any of the price levels previously identified as turning points, notably $53,000 — Bitcoin’s $1 trillion market cap mark.

    Popular trader Pentoshi meanwhile identified $44,000 as a potential floor should the downward trend accelerate. Slightly longer timeframes offered a similar outlook based on recent behavior.

    Zooming out, however, and there were bearish considerations on the horizon. William Clemente, the lead insights analyst at Blockware, identified a potential repeat of behavior immediately after 2017’s old all-time high, which led to an entire year of a bear market.

    “Judgment day is coming for BTC,” he warned in Twitter comments.

    Concerns loom over miracle equities readouts

    Bitcoin thus presented a contrast to macro Dec. 28 as the S&P 500 hit its 69th all-time high of the year.

    Related: Veteran Bitcoin hodlers are still selling record low amounts of BTC despite 70% gains in 2021

    Almost a record in itself, stock market exuberance was already ruffling feathers among pundits concerned about a potential chasm between the numbers and empirical reality.

    As Cointelegraph reported, the United States Federal Reserve will have a decisive role to play in shaping 2022’s market climate when it comes to Bitcoin’s performance.

    In the meantime, however, BTC/USD faces a low-liquidity — and thus potentially high-volatility — holiday season.