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Reducing Credit Card Debt is Now an Easy Task – Read to Learn How

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Today, Americans have become highly dependent on credit cards. Just a couple of years back an average American owed only a few thousand towards credit card debt. The figure has become a few hundred thousand now. Due to the luxurious living style of Americans and the ease of availability of credit has led to a tremendous increase in debt. What people do not realize is that by using credit cards and accumulating debt, they are increasing their financial liability. Lets us see how. If you spend $2000 in credit and make minimum payments, you will take 10 long years and $11000 to repay. Is nt this an insane amount?

Get Out Of Debt Fast

What are the options that you have? The best option is to stop using credit card completely. But for people who are dependent on the plastic cards to buy basic groceries in the house, this may not be the best option. Filing for bankruptcy is another option that you may consider. But have you thought of the long-term effects of filing bankruptcy? Just imagine simple things like buying a car, renting a house will be made impossible. Your financial standing and credit score will be ruined for a lifetime.

How Can I Get Out Of This Debt?

For all those of you who have more than $10000 in credit card debt, try approaching the credit consolidation services. These serves are for free. The consolidation services negotiate with the credit card company on your behalf and reduce your credit debt by a minimum of 50%. Within few months yoiur finances will be manageable and you will be free from all the threatening phone calls and emails!

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Blockchain-Based Mobile Gaming eSports Ecosystem Colizeum Closes $8.4 Million In Funding

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Blockchain-Based Mobile Gaming eSports Ecosystem Colizeum Closes $8.4 Million In Funding

Fresh capital and talent injection to expand platform’s offerings for mobile game developers

Led by renowned investors like Deribit, SevenX Ventures, Axia8, LD Capital, and Genblock Capital, Colizeum, the blockchain-based mobile gaming eSports ecosystem, has closed an $8.4 million round during its latest fundraising drive. Other prominent industry leaders, including TPS Capital, Momentum6 (Lumen Capital Group), DWeb3, X21, Profluent Ventures, Good Games Guild (GGG), CRT Capital, Au21 Capital, Pluto Digital, Basics Capital, and Tokenomik.io, also participated in this highly subscribed funding round.

Founded in 2021, the Colizeum development team has made significant progress in terms of product development. The Colizeum team comprises individuals with extensive knowledge in mobile game development, cryptocurrencies, and blockchain technology. Besides the Colizeum ecosystem, the team has also founded Beetroot Labs, a mobile game development studio, and developed the award-winning iOS and Android game Dystopia: Contest of Heroes.

Michael Swan, Managing Director at Tokenomik, is optimistic about Colizeum’s potential to shape the mobile eSports ecosystem, remarking, “Tokenomik views Colizeum as an excellent proxy exposure to the vast NFT/play-to-earn gaming multiverse segment, which continues to expand exponentially, making it increasingly difficult to identify long-term popular gaming platforms. We are delighted to be an early collaborator in this fantastic project, founded by an experienced leadership and development team.”

Beyond the funding round, Colizeum has also brought new talent to the team, with Wusheng (Sheng Wu), the world’s most-awarded DOTA player, joining the fold. By incorporating video game industry veteran Wusheng’s expertise in the team, Colizeum aims to underline the added value it can deliver for game developers and the gaming community at large.

Commenting on the successful fundraising round, Davis Ziedins, co-founder of Colizeum, notes, “We’re proud to serve the growing game development community and to offer a set of tools which will help developers to focus on what they know the best – building great games. The whole Colizeum team is honored that Colizeum is backed by outstanding industry professionals and enormous communities which are helping us to build the product and has helped us to set the ambitions of the project on a whole different level.”

Frictionless Solution For Mobile Game Developers

European blockchain startup Colizeum aims to make mobile eSports accessible for everyone. Built from the ground up by a team with almost a decade of experience in mobile gaming, Colizeum merges the power of blockchain technology to enable mobile game developers to implement tokenized in-game economy and P2E (play-to-earn) models.

Altogether, Colizeum offers a diverse range of solutions to help expand mobile game developers’ growth and revenue potential. The platform’s plug-and-play Colizeum SDK (Software Development Kit) makes it readily accessible for any game developer, even with no blockchain technology experience. It removes the complexity and cost of hiring blockchain developer teams and will support popular game engines like Unity3D in the future.

Developers can seamlessly implement monetization models in existing games and develop new games from scratch, all while paying relatively minimal fees compared to app stores’ sky-high in-app monetization fees. Currently, the Colizeum team is onboarding game developers before rolling out the beta version of its Colizeum SDK. In the coming months, the organization will also support monetized tournaments, prediction markets, and other additional features like the option to mint in-game assets as NFTs.

The Colizeum play-to-earn model is at the center of the Colizeum ecosystem, connecting players and game developers via its unified platform. Powered by its native $ZEUM token, the Colizeum platform is revolutionizing the monetization opportunities for game developers while empowering players to generate income as well. Since developer earnings are capped by the amount of $ZEUM tokens staked by each player, a developer’s remuneration increases with each additional player. At the same time, each new player drives the demand for $ZEUM tokens while keeping them locked within the Colizeum ecosystem.

In addition to the $ZEUM token, Colizeum also offers player cards and secondary tokens. Using “player cards,” players can unlock Colizeum services and earn “secondary tokens”’ while playing the games listed on the platform. All “player cards” are NFTs that come with different rarities and specific properties, such as access to special perks, exclusive content, and exclusive communities inside Colizeum.

 

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Basic Attention Token Price Prediction 2022 – Will BAT Hit $3 Soon?

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Basic Attention Token Price Prediction 2022 - Will BAT Hit $3 Soon?
  • Bullish BAT  price prediction is $1.0181 to $1.9338.
  • The BAT  price will also reach $3 soon.
  • BAT  bearish market price prediction for 2022 is $0.4282.

In Basic Attention Token’s (BAT ) price prediction 2022, we use statistics, price patterns, RSI, RVOL, and much other information about BAT  to analyze the future movement of the cryptocurrency. 

Basic Attention Token Current Market Status

According to CoinGecko, the price of BAT  is $0.831266 with a 24-hour trading volume of $146,286,579 at the time of writing. However, BAT  has increased nearly 9.8% in the last 24 hours.

Moreover, BAT  has a circulating supply of 1,494,643,334 BAT. Currently, BAT  trades in cryptocurrency exchanges such as  Binance, OKX, FTX, Bitget, and Huobi Global.

What is Basic Attention Token (BAT )?

Basic Attention Token (BAT) is the token that powers a new blockchain-based digital advertising platform developed to fairly reward users for their attention while providing advertisers with a better return on their ad spend. The primary use case for the Basic Attention Token is as a payment token for running advertising campaigns through Brave Ads. Basic Network Token (BAT) is an ERC-20 token. BAT is built on the Ethereum blockchain. This consensus algorithm makes sure only valid are confirmed, while the combined work of the Ethereum mining network ensures BAT transactions are essentially irreversible once confirmed.

Basic Attention Token (BAT ) Price Prediction 2022

Basic Attention Token holds the 84th position on CoinGecko right now. BAT  price prediction 2022 is explained below with a weekly time frame.

BAT /USDT Horizontal Channel Pattern (Source: Tradingview)

A horizontal channel pattern is a chart pattern formed from two parallel trend lines drawn above and below price representing resistance and support levels. When the price is between a support level and a resistance level, without being particularly near either of them, it does not signal anything about the future price. If the price is falling towards support, it indicates that it will reverse and rise again. If the price is rising towards resistance, it indicates that it will reverse and fall back again. If prices break above the upper resistance trend line, a buy signal is generated. If prices break below the lower support trend line, a sell signed is generated.

Currently, BAT  is in the range of $0.831266. If the pattern continues, the price of BAT  might reach the resistance level of $1.7178. If the trend reverses, then the price of BAT  may fall to $0.4950.

Basic Attention Token (BAT ) Support and Resistance Level

The below chart shows the support and resistance level of BAT.

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 BAT /USDT Support and Resistance Level (Source: TradingView)

From the above daily time frame, it is clear the following are the resistance and support levels of BAT.

Resistance Level 1 $1.0181
Resistance Level 2 $1.3791
Resistance Level 3 $1.6462
Resistance Level 4 $1.9338
Support Level 1 $0.7892
Support Level 2 $0.6308
Support Level 3 $0.4282
BAT Resistance & Support Level

The charts show that BAT  has performed a bullish trend over the past month. If this trend continues, BAT  might run along with the bulls overtaking its resistance level at  $1.9338.

Accordingly, if the investors turn against the crypto, the price of the BAT  might plummet to almost  $0.4282, a bearish signal.

Basic Attention Token Price Prediction 2022 — RVOL, MA, and RSI

The Relative Volume (RVOL) of BAT  is shown in the below chart. It is an indicator of how the current trading volume has changed over a period of time from the previous volume for traders. Currently, the RVOL of BAT  lies above the cutoff line, indicating stronger participants in the current trend.

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BAT /USDT RVOL, MA, RSI (Source: TradingView)

More so, the BAT’s Moving Average (MA) is shown in the chart above. Currently, BAT  is in a bearish state. Notably, the BAT  price lies below 50 MA (short-term), so it is completely in a downward trend. Therefore, there is a possibility of a reversal trend of BAT  at any time.

Meanwhile, the relative strength index (RSI) of the BAT  is at level 36.52. This means that BAT  is in a nearly oversold state. However, this means a major price reversal of BAT  may occur in the upcoming days. So, traders need to trade carefully. 

Basic Attention Token Price Prediction 2022 — ADX, RVI

Let us now look at Basic Attention Token’s Average Directional Index (ADX). It helps to measure the overall strength of the trend. The indicator is the average of the expanding price range values. This system attempts to measure the strength of price movement in the positive and negative directions using DMI indicators with ADX.

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BAT /USDT ADX, RVI (Source: TradingView)

The above chart represents the ADX of the Basic Attention Token. Currently, BAT  lies in the range of 36.9423, so it indicates a strong trend. 

From the above chart, the Relative Volatility Index (RVI) of BAT. RVI measures the constant deviation of price changes over a period of time rather than price changes. The RVI of BAT  lies below the 50 levels, indicating that the direction of volatility is low. In fact, BAT’s RSI is at 36.52 level thus confirming a potential sell signal.

Comparison of BAT  with BTC, ETH

The below chart shows the price comparison between Bitcoin, Ethereum, and Basic Attention Token.

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BTC Vs ETH Vs BAT  Price Comparison (Source: TradingView)

From the above chart, we can identify the trend of the ETH, BTC, and BAT is moving at the same level as the trend. This indicates that when the price of BTC increases or decreases, the price of ETH and BAT also increases or decreases respectively.

Conclusion

With continuous improvements in the Basic Attention Token network, we can say that 2022 is a good year for BAT. For this reason, the bullish price prediction of Basic Attention Token in 2022 is $1.9338. On the other hand,  the bearish BAT  price prediction for 2022 is $0.4282.

Furthermore, with the advancements and upgrades on the BAT  ecosystem, the performance of BAT  would help to reach above its current all-time high (ATH) $1.90 very soon. But, it might also reach $3 if the investors believe that BAT is a good investment in 2022.

FAQ

1. What is Basic Attention Token?

Basic Attention Token (BAT) is the token that powers a new blockchain-based digital advertising platform developed to fairly reward users for their attention while providing advertisers with a better return on their ad spend.

2. Where can you purchase BAT?

BAT  has listed on many crypto exchanges which include Binance, OKX, FTX, Bitget, and Huobi Global.

3. Will BAT  reach a new ATH soon?

With the ongoing developments and upgrades within the BAT  platform, it has a high possibility of reaching its ATH soon.

4. What is the current all-time high (ATH) of Basic Attention Token?

On November 28, 2021, BAT  reached its new all-time high (ATH) of  $1.90.

5. Is BAT  a good investment in 2022?

Basic Attention Token (BAT ) seems to be one of the top-gaining cryptocurrencies this year. According to the recorded achievements of BAT  in the past few months, BAT  is considered a good investment in 2022.

6. Can Basic Attention Token (BAT ) reach $3?

Basic Attention Token (BAT ) is one of the active cryptos that continues to maintain its Bullish state. Eventually, if this bullish trend continues then Basic Attention Token (BAT ) will hit $3 soon.

7. What will be the BAT  price by 2023?

Basic Attention Token (BAT ) price is expected to reach $3.9 by 2023.

8. What will be the BAT  price by 2024?

Basic Attention Token (BAT ) price is expected to reach $4.7 by 2024.

9. What will be the BAT  price by 2025?

Basic Attention Token (BAT ) price is expected to reach $5.3 by 2025.

10. What will be the BAT  price by 2026?

Basic Attention Token (BAT ) price is expected to reach $6 by 2026.

Disclaimer: The opinion expressed in this chart solely the author’s. It does not interpreted as investment advice. TheNewsCrypto team encourages all to do their own research before investing.

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How to NOT Lose $300,000 on Manual Trading? Here’s The Answer!

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How to NOT Lose $300,000 on Manual Trading? Here’s The Answer!

The manual trading on cryptocurrencies is an arduous and risky endeavour. There is not only a steep learning curve to consider, but also the fact that traders often make mistakes, one could have avoided. Moreover, the decision-making aspect of trading is crucial, and automation tools continue to gain momentum in this segment.

The Downsides of Manual Crypto Trading

When people explore the idea of trading cryptocurrencies, they have a steep learning curve ahead. These complex markets introduce many opportunities but also  some risks , which not everyone is comfortable with. Every entry made by a trader can have consequences – for better or worse – and making timely decisions is paramount. Unfortunately, that is all easier said than done with thousands of markets and trading pairs at one’s disposal.

Manual trading is a risky business in the cryptocurrency world. Market conditions can change at any moment, and traders may not always make the right decision at the right time. In addition, there is too much data to consider, and market conditions may invalidate recent findings even after performing technical analysis. As a result, it is all too common to see traders losing money instead of pocketing a profit.

Making matters worse are the horror stories of traders losing vast sums of money. One British trader recently lost nearly $300,000 through manual trading by making one costly mistake and not timing the shifting market momentum correctly. Although the trader had a solid long-term money-making strategy, all it took was a sudden bearish turn and forgetting to place stop-loss orders to nuke the portfolio completely.

It is normal to make mistakes when engaging in manual trading. Users have a growing checklist of things to consider, including different order types, market conditions, portfolio rebalancing, freeing up liquidity at the right time, etc. Taking care of all these aspects manually is nearly impossible and puts much mental strain on the user. It is no surprise automated solutions continue to gain traction among crypto traders globally.

How to avoid loss?

While there are several ways to automate one’s crypto trading, the solution provided by Bitsgap checks the right boxes. It strikes a balance between automation, cloud-based support to make trading accessible on any device, and guaranteed order execution even if the exchange’s front-end would freeze up. Mainly, that latter aspect is crucial, as an exchange’s backend will usually remain operational even if the user interface gets overloaded.

The automation nature of Bitsgap is accessible through bots operating on a grid-based approach. Users set their preferred grid (or trading range), and the bot will automatically buy cheaper and sell for a higher value. Any market provides profit potential, no matter how small it might be. Manual trading would not yield these constant small profits, as humans cannot act fast enough to explore these minute price gaps in time.  

More importantly, the Bitsgap solution is accessible through any device. Orders will be executed on the user’s behalf, whether one trades on a computer, phone, tablet, or other internet-connected device. The bots will run 24/7, providing you with the necessary peace of mind while sleeping.

On the topic of order execution, an exchange outage will not disrupt the bots and how they approach market conditions. An exchange has a backend, which is usually always operating, even if the front-end is overloaded and freezes up. Bitsgap ensures orders are sent to the backend directly, ensuring operational continuity. More importantly, this solution helps anyone make long-term money without mistakes.

This bot made a 37% Profit for 3 days on Spot Trading!

45x Returns With No Emotions / Without Your Involvement

The trading technology developed by Bitsgap is used by many traders worldwide. The Youtuber below netted a 45x increase in the portfolio through the Bitsgap trading bot within just four months. Achieving such results through manual trading is possible, but it would require a lot more work, stress, and the potential to make mistakes along the way.

The all-in-one trading automation solution by Bitsgap is accessible by anyone. Moreover, it has backtesting functionality to give users an idea of how their settings would affect overall performance. Bitsgap does not take any fees from trades.

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