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MasterCard To Incubate NFT-Focused Startup bitsCrunch Via Its “Start Path” Startup Engagement Program

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Mastercard To Incubate Nft-Focused Startup Bitscrunch Via Its “Start Path” Startup Engagement Program

bitsCrunch, the India and Germany-based blockchain analytics company that leverages artificial intelligence (AI) and machine learning (ML) to secure and safeguard the NFT ecosystem, unveiled that it has been selected to join global payment services provider MasterCard’s startup engagement program called the MasterCard Start Path.

Designed to help later-stage startups scale, the Start Path program offers an extended product suite that helps startups reach a global consumer base. With MasterCard quickly expanding into the crypto ecosystem, the Start Path program focuses beyond payment solutions, spanning into diverse areas such as fintech, blockchain, eCommerce, AI, fraud prevention, financial inclusion, and much more.

Under the Start Path program, all selected projects gain complete access to MasterCard’s ready-to-integrate APIs, fintech tools, and solutions alongside the opportunity to put their ideas in front of MasterCard’s global network of consumers, merchant stores, and partners.

According to Vijay Pravin Maharajan, bitsCrunch CEO, “With tech-savvy tools, an incredible team, and industry expertise, bitsCrunch ensures consistent quality and safety across the digital assets startups. Collaborating with MasterCard Start Path helps us deliver the best-in-class solutions to emerging crypto industry customers and transforming business landscapes. Also, we are glad that bitsCrunch will be incorporated into the MasterCard Start Path program shortly.”

bitsCrunch’s core objectives align with MasterCard’s goals of fraud prevention, financial inclusion, and several other areas. Currently, bitsCrunch offers a diverse range of products, each designed to tackle the lingering challenges of the NFT ecosystem, including wash trading, forgeries, and inefficient asset valuation, among others. By leveraging MasterCard’s infrastructure and global outreach, bitsCrunch will be able to expand its presence in the mainstream economy further.

At the same time, MasterCard can leverage bitsCrunch to offer its users direct access to the NFT ecosystem. The platform’s range of products will help MasterCard’s non-crypto users easily find, evaluate, and invest in NFTs and other digital assets. Using bitsCrunch’s trio of NFT security services – Scour, Liquify, and Crunch DaVinci – paired with its fast, accurate, and reliable analytics services, MasterCard can ensure that its global customers can make well-informed trading decisions across a wide range of NFT assets.

bitsCrunch’s products and analytics services work across some of today’s leading blockchain ecosystems, including Ethereum, Avalanche, Polkadot, and Polygon. The platform recently raised $3.6 million from leading investment companies like Polygon Studios, Coinbase Ventures, Crypto.com Capital, Spark Digital, Bison Funds, and Gravity X, to name a few. Per the tweet from the bitsCrunch team, these funds will help secure a presence on other prominent blockchains like Algorand, Solana, and others.

Stressing the need for credibility for mainstream adoption of digital assets, a spokesperson from the MasterCard Start Path Program team notes, “With MasterCard, startups around the globe can develop platforms across open banking, predictive financial modeling for small businesses, smart rental payments, and more. The partnership with bitsCrunch allows companies to access MasterCard’s global ecosystem and reach new audiences through MasterCard customers. The collaboration will provide safe and secure transactions, which will enhance the brand’s credibility.”

 

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TA- Alien Worlds (TLM) Set For A Major Rally As Market Looks Promising

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Ta- Alien Worlds (Tlm) Set For A Major Rally As Market Looks Promising

The price of Alien Worlds (TLM) has struggled to break out of a range recently with few bullish signs against Tether (USDT). 

Alien worlds could be set for a major rally after narrowly holding above key support as other crypto assets continue to trend higher.

Alien Worlds (TLM) Price Analysis On The Weekly Chart

Weekly Chart Analysis For TLM Price | Source: TLMUSDT On Tradingview.com

From the chart, the price of TLM saw a weekly low of $0.02, which bounced from that area and rallied to a price of $0.0313.

The price has struggled to build more momentum as it faces resistance at $0.031.

If the price of TLM on the weekly chart continues with this structure, it could quickly revisit  $0.02 acting as a good support area for buy bids.

Weekly resistance for the price of TLM – $0.0313.

Weekly support for the price of TLM – $0.02.

Price Analysis Of Alien Worlds On The Daily (1D) Chart

1660596725 742 Ta Alien Worlds Tlm Set For A Major Rally As
Daily Chart Analysis For TLM Price | Source: TLMUSDT On Tradingview.com

The price of TLM found strong support at $0.021, with what seems to be an area of interest on the daily chart.

TLM bounced from its support and has rallied as it faces resistance at $0.032. The price of TLM has continued to range in a channel, breaking out of this channel could send the price of TLM to $0.04 where it will face a major resistance before trending higher in price.

At the point of writing, the price of TLM is at $0.032, above the 50 Exponential Moving Average (EMA) which corresponds to $0.03. TLM holding above the 50 EMA on a high timeframe is good for market recovery and for price to trend higher.

TLM needs to hold above this support area that corresponds with the 50 EMA, a break below this region could send the price of TLM to $0.022

The Relative Strength Index (RSI) for the price of TLM on the daily chart is above 50, indicating healthy buy bids for TLM.

Daily (1D) resistance for TLM price – $0.032, 0.04.

Daily (1D) support for TLM price – $0.022.

Price Analysis OF TLM On The Four-Hourly (4H) Chart

1660596725 6 Ta Alien Worlds Tlm Set For A Major Rally As
Four-Hourly Chart Analysis For TLM Price | Source: TLMUSDT On Tradingview.com

The price of TLM is having a hard time breaking out the ranging channel, where it faces resistance at $0.032. 

On the low timeframe, the price of TLM has remained strong above the 50 and 200 EMA which corresponds to the prices of $0.032 and $0.03 acting as support for TLM prices. 

If TLM fails to hold these supports due to a sell-off we could see the price of TLM in the region of $0.25.

Four-Hourly (4H) resistance for TLM price – $0.4.

Four-Hourly (4H) support for TLM price – $0.032, $0.03.

Featured image from BeInCrypto, Charts from TradingView.com 
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Singapore High Court Grants Zipmex 3 Months of Protection

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Singapore High Court Grants Zipmex 3 Months Of Protection