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Big Eyes Coin Aims to Shake the Cryptoverse like Crypto Majors

Big Eyes to Triumph Over Ethereum and Solana By Raising $1M in Beta Sale: On Track for $50M

The 2022 bear market has left everyone searching and waiting for the next sound viable token. However, some cryptocurrencies have been showing constant growth in reliability and potential. Among such potential coins is Big Eyes (BIG), a new cryptocurrency offering innovative and practical solutions. Although Big Eyes (BIG) is yet to launch, the new meme […]

Crypto News

Plugin-Ambient Weather Partnership: Empowering Today’s Society with Smart and reliable Weather Systems

The global climate is changing rapidly as compared to the pace at which natural variations occurred in the past. And with the climatic changes, previously unseen occurrences that could hinder many day-to-day operations in society are becoming too common. For instance, global temperatures rose by roughly 1.8 °F between 1901 and 2016. The high temperatures are worsening and making frequent different types of disasters—heat waves, storms, floods, droughts, etc. Warmer climates are also creating atmospheres that collect, retain, and dump more moisture, changing weather patterns in a way that wet areas become wetter and dry areas become drier. Increased drought, intense floods, and storms are causing numerous public health and safety concerns. As well, the increased unpredictability of weather patterns is posing risks to numerous weather-dependent activities—including but not limited to agriculture, travel, education, sports, etc. Given that some of these activities touch on the social and economic wellbeing of our societies, increased unpredictability in weather poses significant challenges to populaces globally. While unpredictable weather poses a threat to day-to-day activities, all is not doom and groom. Unique partnerships leveraging smart weather forecasting and decentralized data-transfer protocols are making it possible for the inception of technologies that can point out weather changes or any related events in real-time. The innovations are giving stakeholders the ability to verify weather patterns that may affect their activities, further improving how society interacts with the ever-changing climatic conditions. To highlight the importance of unique partnerships in unlocking the potential of smart weather management systems, let’s look into the recently concluded Plugin-Ambient Weather partnership and why it matters. Plugin-Ambient Weather Partnership: Why does it matter With the rise in demand for accurate weather forecasts in day-to-day activities, the Plugin–Ambient weather partnership avails users with more options regarding smart weather stations for homes, businesses, farms, and more. As well, the partnership avails network members with an option to become data providers. Given that ambient weather is available globally, the partnership allows users of ambient weather’s smart weather stations to participate in gathering weather-related data and claim the rewards therein. Worth noting: The basic criteria a user needs to meet to participate in Plugin WFN’s use case as a data provider include; having uninterruptible power and Wi-Fi, and outdoor space to install an Ambient weather station. These preconditions ensure seamless data transfer via an approved Ambient sensor. Plugin–Ambient Weather Partnership: How can users Participate Individuals or organizations that are interested in smart weather systems and willing to be part of Plugin WFN project must first purchase Ambient Weather’s smart weather system. Upon acquiring and installation of the smart weather forecast station, the user should go ahead and connect their device to Plugin’s portal. The registration process involves generating an ‘applicationkey’ & ‘apikey’ to register the new device. Upon creating the appropriate API keys for their device, users will have to check if their sensors transmit data to the ambientweather.net portal. Thereafter, users will be required to submit their device’s applicationkey, apikey, latitude, longitude, country, state, city, zip code, and wallet address to Plugin’s portal. If the data is satisfactory, team Plugin will approve the user’s node. Once approved, a user will be required to stake 1000 PLI & 5000 XDC to register as a data provider for Plugin WFN. After staking is done successfully, a user will receive an approved WFN device ID for their node, allowing the user’s sensor to gather weather-related data for Plugin WFN’s project. Thereafter, a user can claim their reward for providing weather-related data. Interested users can view the detailed step-by-step process here. What are the likely benefits of Plugin–Ambient Weather Partnership Increasing Utility for Weather Forecast Data Previously, weather intelligence systems relied upon distributed radar and satellite systems to gather data. While the data has been useful, it has been general in nature, thus limiting its scope. Particularly, such data has lacked accurate and real-time aspects that help businesses make more informed choices. On the other hand, generic weather forecasts from distributed radar systems produce raw data that’s relatively expensive, confusing, and inaccessible to many end-users. The raw data is often nested within weather stations in airports, government agencies, and academic institutions. As well, the data is released to the public via endpoints controlled by centralized organizations like the National Oceanic and Atmospheric Administration (NOAA), National Aeronautics and Space Administration (NASA), the World Meteorological Organization, etc. Many a time, released data sets aren’t in real-time and may be complicated, necessitating expert assistance to digest the data for ordinary end-users. However, the Plugin–Ambient weather partnership solves these problems. With decentralized weather forecast sensors (made possible via Ambient weather’s smart solutions), Plugin collects highly granular data that’s cryptographically signed before being uploaded onto PLI’s blockchain. Thanks to the partnership, data users can verify the provenance of the data by checking the coordinates tagged with the data. What’s more, the decentralized, yet highly trustworthy, nature of collected weather forecast data increases the accuracy, accessibility, and user-friendliness of climate data. It also lowers the costs of climate data. The resulting ease-of-use and ease-of-access to highly accurate and verifiable climate data give autonomy to end users that could not previously acquire the data and make appropriate decisions. The increased access to data opens-up opportunities for numerous use-cases that leverage the diverse nature of climate data. Some unique examples include crop insurance and logistics. Reducing Climate-Related effects globally The Plugin–Ambient weather partnership also unlocks benefits and synergies that have significant potential to reduce climate-related effects. With highly granular data and improved provenance, the partnership holds the key to unlocking efficiencies in agriculture, disease control, conservation, humanitarian and military operations, and mitigating climate-related challenges. In agriculture, for instance, highly granular data that’s made possible by the partnership will help alleviate challenges straining the agriculture production system. Worth noting, projections show that the agriculture sector will have to feed roughly 9.8 billion people by 2050. Accompanying the rising population is a multiplicity of adverse environmental effects that put significant strain on the productivity of previously valued arable regions. These strains are projected to increase given the predicted extreme weather conditions and increasing effects of global warming. Nonetheless, food production systems can benefit from highly accurate and granular data—availed by the partnership between Plugin and Ambient weather. For instance, farmers and food providers can benefit from accurate and real-time climatic data in many ways. In particular, having highly granular data on weather patterns helps food producers make accurate decisions before, during, and after their production cycles. With climate change requiring farmers and breeders to respond to changes faster and in smarter ways, data-driven decentralization of weather forecasting (as seen in the Plugin – Ambient weather partnership) can improve predictions and improve breed selection in dynamic production environs. Improvements in breed selection will result in increased productivity. On the other hand, decentralized data collected via Ambient’s weather sensors has the potential to improve humanitarian and national security issues relating to climate change. With natural disasters becoming more catastrophic and displacing large populations, national security agencies in different countries have to rely on smart and highly accurate data to optimize their response to adverse climatic events. In the recent apocalyptic floods in Southern Asia, for instance, the highly granular data collected by Plugin can help key stakeholders improve the preparation and response to such disasters. Specifically, the highly accurate data availed in real-time can allow security agencies to allocate resources (food supplies, manpower, and equipment) where most needed before, during, and after a natural disaster. Improved planning can help save lives and prevent misuse of vital resources during such events. Nurturing Sensing-as-a-Service (SEaaS) model Sizeable networks of sensors are in use today. And there’s numerous potential in data collected by these nodes, globally. Be it weather stations tracking atmospheric changes or shipping trackers, the SEaas model has the potential to create passive revenue streams as well as provide resources for important enterprises. In this context, Plugin–Ambient Weather partnership pioneers the SEaaS space by leveraging blockchain and remote sensors availed by ambient weather’s smart weather solutions. Through the partnership, users in ambient weather’s network can leverage the partnership to earn some benefits. On the other hand, the incentives offered, and the automatic manner in which data is collected and transmitted guarantees the accuracy and verifiability of data gathered through the Plugin and Ambient weather set-up. While the partnership unlocks synergies associated with weather forecast data, it also highlights the potential held by solutions employing blockchain-based smart contracts and decentralized data nodes. It also highlights the possibilities that blockchain and decentralized data providers can achieve by ensuring the verifiability of data without centralized organizations checking and rechecking the data for accuracy. Ultimately, a vibrant SEaas space will help unlock new economies and improve benefits to organizations, governments, and the entire society. Final Thoughts With the increasingly changing and unpredictable climatic patterns, more industries are experiencing previously unseen challenges. Some of these industries play very crucial roles in our society, and mitigating the ensuing climate effects is paramount. Though numerous solutions to climatic change and its effects exist, decentralized tech holds a lead position in providing sustainable results. In line with these views, the partnership between Plugin and ambient weather guarantees accurate, verifiable, and highly granular climatic data. The data, which is availed in real-time, provides some important insights to guide vital activities in agriculture, disease control, humanitarian initiatives, conservation, etc. The smart climatic weather data systems also unlock an array of opportunities in a variety of weather-dependent industries That said, Plugin-Ambient weather’s partnership makes significant contributions toward empowering today’s society through accurate, and verifiable weather data. For more information, kindly visit the following links: A). Plugin Twitter Plugin Website Plugin WFN user interface Plugin WFN – Ambient weather unit onboarding instructions B). Ambient Weather Twitter Ambient Weather Website  

Crypto News

CropBytes Continues To Impress Despite Ongoing Bear Market

If there’s one name that should be on everyone’s radar right now, it’s CropBytes. As the crypto and blockchain sector continues to skyrocket in terms of both popularity and usage, viable projects like CropBytes have managed to not only maintain the consistency of providing new innovative features but have also sustained the quality of these services in an effective manner. Perhaps most importantly however, CropBytes has succeeded where many others have seemingly failed and that has to do with the simple fact that they have built for the community which has stayed close for over 4 years. The farming simulator game, which experienced a whopping 800% ROI during August to September, will soon be ‘Free-to-Play’. Also, the many markets in CropBytes, namely CAF, FRF, and Pro Mix, have increased by over three times which resulted in the aforementioned ROI for the players. What is CropBytes? CropBytes is a farming simulation game built on a real world economy. Starting a ‘cryptocurrency farm’ involves more than growing digital crops and rearing animals, the ultimate goal is for users to contribute to the economy while growing their own crypto farming business. Its primary objective is to offer its customers an efficient and high-quality platform for harnessing the benefits of crypto to both play and earn in a virtual environment. CropBytes is also fully interoperable with both Android and iOS compatible devices with over 4.3 / 5 ratings in app stores and #1 position in simulation genre games in playtoearn.net The game features an in-game marketplace with over a million assets traded daily between players. Since 2018, CropBytes has over 600K signups which include Investors, Traders and Players. Mining Game Assets ‘Asset Mining’, one of CropBytes’ most anticipated features, is now available. This new feature allows players to generate new game assets which can be mined by burning CBX and Pro Mix. CropBytes’ economy is sustainable because of high liquidity assets that are easy to trade and have in-game utility. As a result, there are numerous layers to the gameplay in terms of asset mining as well as providing both value and utility. The process is simple; all users need to do is go to the CBX station, select the asset they want to mine, and then burn their CBX and Pro Mix to begin mining. Moreover, combining Pro Extracts and Fruit Feed yields Pro Mix which can be traded in the market. Asset Mining enables farmers to have access to a new source of valuable game assets in addition to also helping them prepare their businesses for the arrival of the service economy. Furthermore, it empowers the farmers to utilize their farm’s output to increase their asset inventory which will provide additional use-cases for extracts. Invite and Earn with CropBytes There is a new CropBytes referral program that has been performing very well. The ‘Invite & Earn’ program is designed to help users grow their farming business while being promotional ambassadors. Users can earn assets worth up to 80 CBX in rewards for each new player they bring on board. New players will also benefit from receiving a reward when they use a referral code to sign up. Users can also easily keep track of their invites, rewards, and earnings using their ‘Rewards Dashboard’. There are a number of ‘Terms and Conditions’ listed on the website that should be read before participating in the new program. There is also a useful ‘FAQ’ section available to answer some commonly asked questions. CropBytes’ future goals: As per the official roadmap, CropBytes supporters can look forward to some new features being introduced soon such as ‘CBX Mining V2’, and ‘Asset Tokenization’ (for which asset mining is essential although the assets shall be minted on-chain in a later version. This results in both greater transparency as well as true ownership for the users). Long term plans also include developing the metaverse, mini-games, the service economy, and so much more.    

Bitcoin Crypto News

Bitcoin Price Has Strong Potential To Hit $25,000, Weekly Analysis Suggests

Recently, the market has seen a strong correction due to the Bitcoin price bull run of the past several days. On December 7, 2020, the price hit a low of $19,030.09, which is considered to be a new all-time low. However, the appearance of a double bottom pattern has led to an optimistic outlook on this correction. Bitcoin can rebound, as is now more evident. Obviously, there will be some challenges along the way. The Bitcoin price present momentum is one of the cryptocurrency’s major challenges. The current momentum is merely reversing the past downward trends, thus it may not be enough to break through the $25,000 price level, according to latest analyses. Bitcoin Price: The Familiar Resistance Level Bitcoin’s price actually did reach $25,000 in late August, which is a significant milestone. Such a pattern indicates that the current market has the potential to and likely will attempt to break through resistance. Related Reading: Crypto Market Hasn’t Bottomed Yet, Analyst Says – More Pain Ahead? Chart: TradingView.com Looking at the range during the past four hours, it appears that BTC will be trading between $19,226 and $24,286 for the time being. This challenge is attributable to the traders’ pessimism in response to the most recent CPI report. The survey revealed an annual inflation rate of more than 8 percent. This bleak assessment could be followed by a 1% increase in interest rates. Therefore, the bulls must maintain their position inside the range of $19,226 to create momentum. The prominent oscillator indicator has shown a bullish advance. In contrast, the moving averages exhibited bearish indicators. Related Reading: Bitcoin Price This Tad Close To Reclaim $23,000 – Will It Hit The Target? Sustainable Momentum A Must For Bitcoin To continue driving the price higher, the bulls must generate persistent momentum. Once more, sustainability will reduce the probability of a dramatic correction. The price of Bitcoin should not drop below the 71.60 Fibonacci level. If bears break through to the downside, Bitcoin’s price might fall to $18,000. This occurrence will further bring the price down. A sustainable momentum for a rally should be one of the bulls’ top aims in order to surpass the $25,000 threshold. However, given the present pessimism and panic on the market, it may be some time before BTC reaches the $25,000 barrier. BTC total market cap at $384 billion on the 4-hour daily chart | Source: TradingView.com Featured image from Business World IT, Chart: TradingView.com

Altcoins

Banking Giant DBS Announces Metaverse Partnership With The Sandbox (SAND)

One of the leading banking firms in Asia is venturing into the metaverse with a new partnership with virtual world platform The Sandbox (SAND). According to a new press release, multinational financial services giant DBS is collaborating with The Sandbox to create an interactive metaverse experience. The duo will create DBS BetterWorld, which aims to […]

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Crypto News Ethereum

Ethereum Liquidates Over 100 Million As The Price Crosses $1600 Mark

The general crypto market has seen some positive price rally in 24 hours. Many of the coins are trading in greens, including Ethereum with its 7.86% gains and Bitcoin with a 2.89% surge.  Other altcoins such as PancakeSwap CAKE, SHIB, Ethereum Classic ETC, and Tether USDT are also in the greens. For instance, CAKE gained 3.6%, SHIB soared by 1.56%, while ETC recorded a good 8.38 price growth.  Related Reading: Central Bank Chairs Push Bitcoin Price To The Downside, Will BTC Bounce Again? Currently, the ETH price is at $1,635  while the BTC price stands at $19304. Before the close of the market today, September 8, we might see more bullish support for the top cryptos and the altcoins too.  But the recent price increase in Ether has spiked liquidations.  Ethereum Price Growth Increases Liquidations  Due to the price increase seen in ETH price, many of its leveraged positions are being liquidated. According to Coinglass, the total liquidations have reached close to $200 million in 24 hours.  ETH positions were more than $110 million out of the total liquidated positions. Notably, the largest order was a BTCUSD perpetual position worth $2 million. This liquidation took place on Bybit.  Other exchanges with high liquidations figures include OKEx, Binance, ByBit, FTX, CoinEX, Huobi, Bitmex, etc. OKEX recorded up to 75% short positions liquidations amounting to $4.28 million, while Binance followed closely with $3.36 million in total liquidations.  ByBit, FTX, CoinEX, Huobi and Bitmex recorded $3.16M, $1.39M, $447.91K, $321.57K and 20.73K.  What Could Be Pushing Liquidations  The Ethereum community is set to embrace the upcoming upgrade to a proof of stake mechanism. Even as the Merge approaches, the coin price keeps fluctuating. There is a more positive outlook today, but the past days have not been too convincing.  For instance, the ETH price fluctuated between $1533 and $1577 from August 30 to September 5. It saw a little push above that mark on September 6, but that was the day of the Bellatrix upgrade. After the rally, it pulled back to $1560 the next day, September 7 but closed the market with $1629.  With these price fluctuations, it’s not surprising that liquidations are currently pushing their limits in the markets. Most traders are not able to hold their positions, and the exchanges are closing them.  A Brief on Liquidation Liquidation occurs when crypto exchanges close a trader’s leveraged position due to losses in the initial margin. This is one reason traders are advised to go easy on leverage. If the value of the crypto asset plummets, they could lose their own little investment capital.  Given the recent uncertainty in crypto prices, including Ethereum, it’s obvious that these leveraged positions are no longer sustainable. Some traders that can be spared from this trend are those who placed a “stop order” on their positions.   Related Reading: Fantom Keeps Close Eye On Possible 20% Slide This Month But the likelihood of losing their funds during this period is very high for those who didn’t. Unless, of course, the Merge reverses the price trend.  Featured image from Pixabay and chart from TradingView.com