Personal Proceeds To Benefit Hospitals In NYC & Miami
MLB All-Star and NY Yankee Pitcher Nestor Cortes, aka “Nasty” Nestor, announced today that he will be releasing his exclusive NFT collection on the ReserveBlock Foundations RBX Network (reserveblock.io) protocol with a portion of his personal proceeds to benefit Sloan Kettering Memorial Hospital and Miami Children’s Hospital on Sunday evening July 17th. RBX is the first open-source decentralized NFT Centric Blockchain that enables true peer-to-peer operability for the minting and trading of NFTs with or without the need for a centralized authority.
With an ecosystem that provides a full suite of on-chain tools, RBX reduces common frictions and burdens by providing an environment for anyone and everyone to participate with transparent trustless features all through a core wallet or web wallet by either validating on the network and/or writing a smart contract without the need-to-know code whatsoever. RBX will be moving from a successful public test net on Sunday, July 17th to mainnet beta launch.
“In honor of my selection to my first MLB All-Star Game, I wanted to create a series of unique NFTs that allowed me to help tell my story and connect directly with fans,” said Nestor Cortes. “I had been very interested in NFTs for the past couple of years but was looking for a network that I could easily use as well as allow my fans to easily interact with me directly. When I discovered RBX through a friend and started to test it myself, I knew I finally found exactly what I needed to accomplish to create my personal NFT collection. This is a super cool moment for me.”
Cortes has also stated that he is releasing six very special One of One digital collectible cards that each come with a signed game-worn item, original photography, and some with special home-game experiences exclusively in each NFT. Each NFT collectible has Nestor’s personal designs and was created in collaboration with Mike Fogg a digital artist of Astro Kongs, Space Hoops, Cyber Souls, and Astro League collections, as well as digital creator and friend Juan Garcia. Upon release on Sunday evening July 17th, fans will be able to simply visit a direct link provided by Nestor to his personal wallet auction for all fans who wish to participate with bidding or “buy now” mechanism and even purchase by simply using a credit card.
“Each one of my NFTs is my own personal designs as well as my own game-worn items signed by me for everyone and even enjoy a game experience at the stadium for some of the people who own them.” Said Cortes. “I am also really looking forward to donating to two special places to me personally that help so many people at Sloan and Miami Children’s. Both hit home on a personal level for me and the fact that I am able to help contribute to these important places is even more gratifying.”
Nestor also stated that additional details and previews regarding his personal auction will be forthcoming via his social media channels in the coming days leading up to the launch on the 17th.
About ReserveBlock Foundation
The RBX network has been created and developed as the result of a collective of founding sponsors, each with vast expertise in media, entertainment, technology, sports, hospitality, banking, and finance. Led by The Reserve Label, Texoware, and The Young Astronauts technology group as the initial founding and development sponsors, the foundation has been completely self-funded and devoid of any centralized control whatsoever ensuring the most ideal decentralized NFT Layer 1 ecosystem. Governed by a Masternode infrastructure, the RBX network has been designed to provide true NFT utility through a singular core wallet for Masternodes, Smart Contracts, NFTs, and Decentralized Sales Tools (DSTs) providing open participation for everyone.
Only 7 of the 705 MEPs were opposed to the resolution while 47 were missing.
Small investors and transactions are also taken into account by the resolution.
The European Parliament has approved a plan to use blockchain technology to provide a more robust approach to minimizing instances of tax evasion, and to create a more coordinated and equitable taxation system for cryptocurrencies.
More than 80% of MEPs in the European Parliament voted in support of the motion authored by MEP Lidia Pereira. Only 7 of the 705 MEPs were opposed to the resolution, while 47 were missing and 566 were in favor.
Focusing on Tax Reduction and Evasion
On Tuesday, the European Parliament issued a press statement detailing the new development. The resolution provides an unambiguous answer to the question of taxes in the context of the crypto business across EU nations. It acknowledges the need for a clear and equitable taxation framework for digital currencies. A number of nations continue to fight the perilous problem of tax evasion.
Small investors and transactions are also taken into account by the resolution. The press release claims that these investors would see a moderate reduction in their tax burden.
The European Commission has been given responsibility for carrying out this provision of the resolution. The Commission will assess the kind of cryptocurrency taxes in each EU member state. Additionally, it will evaluate the methods used by each nation to reduce tax avoidance.
In addition, the resolution seeks to define crypto assets in a way that is approved by all parties. In addition, it attempts to specify which types of assets are generally recognized as liable for taxation. This will alleviate some of the confusion that exists within the EU about definitions.
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Bullish MX price prediction is $1.1198 to $2.6884.
MX Token (MX) price might also reach $5 soon.
Bearish MX price prediction for 2022 is $0.7614.
In MX Token (MX) price prediction 2022, we use statistics, price patterns, RSI, RVOL, and other information about MX to analyze the future movement of the cryptocurrency.
MX Token (MX) Current Market Status
According to CoinMarketCap, the price of MX Token (MX) is $0.9204 with a 24-hour trading volume of $1,762,832 at the time of writing. However, MX has decreased by nearly 1.59% in the last 24 hours.
Moreover, MX Token (MX) has a circulating supply of 100,000,000.00 MX. MX Token (MX) trades in cryptocurrency exchanges such as MEXC, Bybit, Huobi Global, Pionex, and ZT.
What is MX Token (MX)?
The cryptocurrency exchange MEXC Global created its own cryptocurrency MX Token (MX) in 2019 to help it encourage long-term users of its platform. MX Token was built on the Etehreum blockchain and focuses on easing the trading experience. There are many uses for the token. Investors can participate in governance features like electing community members. MX is also the proof of MEXC community’s rights.
MX Token (MX) Price Prediction 2022
MX Token (MX) holds the 199th position on CoinGecko right now. MX price prediction 2022 is explained below with a daily time frame.
The symmetric triangle chart pattern shows the period of consolidation that may force a price breakdown or breakout. More so, a breakdown from the lower trendline indicates the beginning of a new bearish trend. On other hand, a breakout from the upper trendline signal shows the beginning of a new bullish trend. Traders also use moving averages in conjunction with a symmetrical triangle chart pattern to trail their stop loss.
Currently, MX Token (MX) is in the range of $0.9204. If the pattern continues, the price of MX might reach the resistance levels of $1.0042, and $1.0506. If the trend reverses, then the price of MX may fall to $0.9084, & $0.8524.
MX Token (MX) Support and Resistance Levels
The chart below shows the support and resistance levels of MX Token (MX).
From the above daily time frame, we can clearly interpret the following as the resistance and support levels for MX Token (MX).
Resistance Level 1
Resistance Level 2
Resistance Level 3
MX Resistance & Support Level
The charts show that MX Token (MX) has performed a bullish trend over the past month. If this trend continues, MX might run along with the bulls overtaking its resistance level at $2.6884.
Accordingly, if the investors turn against the crypto, the price of MX Token (MX) might plummet to almost $0.7614, a bearish signal.
The Relative Volume (RVOL) of MX Token (MX) is shown in the chart below. It is an indicator of how the current trading volume has changed over a period of time from the previous trading volume. Currently, the RVOL of MX lies below the line, indicating weak participants in the current trend.
Also, the Moving Average (MA) of MX Token (MX) is shown in the chart above. Notably, the MX Token (MX) price lies on the 50 MA (short-term), so it is in a downtrend. Currently, MX has entered a bearish state. Therefore, there is a possibility of a reversal trend of MX at any time.
Meanwhile, the relative strength index (RSI) of the MX is 41.18. This means that MX Token (MX) is in an nearly oversold state. However, this means a major price reversal of MX may occur in the upcoming days. So, traders need to trade carefully.
MX Token (MX) Price Prediction 2022 — ADX, RVI
Let us now look at the Average Directional Index (ADX) of MX Token (MX). 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.
The above chart represents the ADX of MX Token (MX). Currently, the ADX of MX lies in the range of 9.9782 and thus, it indicates a weak trend.
The above chart also represents the Relative Volatility Index (RVI) of MX Token (MX). RVI measures the constant deviation of price changes over a period of time. The RVI of MX lies below 50, indicating high volatility. In fact, the RSI of MX Token (MX) is at 41.18 thus confirming a potential sell signal.
Comparison of MX with BTC, ETH
The below chart shows the price comparison between Bitcoin (BTC), Ethereum (ETH), and MX Token (MX).
From the above chart, we can interpret that the price action of MX is similar to BTC and ETH. This indicates that when the price of BTC and ETH increases, the price of MX increases.When the price of BTC and ETH decreases,the price of MX decreases.
MX Token (MX) Price Prediction 2023
If the declining price action completely slows down in momentum and the trend reverses, MX Token (MX)might probably attain $6 by 2023.
MX Token (MX) Price Prediction 2024
With several upgrades in the network, MX Token (MX) might enter a bullish trajectory. If the coin grabs the attention of major investors, MX might rally to hit $9 by 2024.
MX Token (MX) Price Prediction 2025
If MX Token (MX) sustains major resistance levels and continues to be recognized as a better investment option among the investors for the next 7 years, MX would rally to hit $11.
MX Token (MX) Price Prediction 2026
If MX Token (MX) sustains major resistance levels and continues to be recognized as a better investment option among the investors for the next 4 years, MX would rally to hit $15.
MX Token (MX) Price Prediction 2027
If MX Token (MX) sustains major resistance levels and continues to be recognized as a better investment option among the investors for the next 5 years, MX would rally to hit $17.
MX Token (MX) Price Prediction 2028
MX Token (MX) holds up a strong stance as a better investment option for the next 6 years amid the trends in the highly-volatile crypto market. By driving significant price rallies, MX would hit $21 in 2028.
MX Token (MX) Price Prediction 2029
If investors flock in and continue to place their bets on MX Token (MX), it would witness major spikes. MX might hit $26 by 2029.
MX Token (MX) Price Prediction 2030
With greater advancements in the Basic Attention TokenEcosystem, the crypto community might continue to invest in MX for the next 8 years and drive significant price rallies for the token. Hence, MX Token (MX) might hit $30 by 2030.
With continuous improvements in the MX Token Network, we can say that 2022 is a good year for MX. For this reason, the bullish price prediction of MX Token (MX) in 2022 is $2.6884. On the other hand, the bearish price prediction of MX Token (MX) price prediction for 2022 is $0.7614.
Furthermore, with the advancements and upgrades to the Basic Attention Token ecosystem, the performance of MX would help to reach above its current all-time high (ATH) of $3.70 very soon. But, it might also reach $5 if the investors believe that MX is a good investment in 2022.
1. What is MX Token (MX)?
The cryptocurrency exchange MEXC Global created its own cryptocurrency MX Token (MX) in 2019 to help it encourage long-term users of its platform.
2. Where can you purchase MX Token (MX)?
MX Token (MX) has been listed on many crypto exchanges which include MEXC, Bybit, Huobi Global, Pionex, and ZT.
3. Will MX Token (MX) reach a new ATH soon?
With the ongoing developments and upgrades within the Basic Attention Token Platform, MX has a high possibility of reaching its ATH soon.
4. What is the current all-time high (ATH) of MX Token (MX)?
On December 02, 2021 MX Token (MX) reached its new all-time high (ATH) of $3.70.
5. Is MX Token (MX) a good investment in 2022?
MX Token (MX) seems to be one of the top-gaining cryptocurrencies this year. According to the recorded achievements of Basic Attention Token In the past few months, MX is considered a good investment in 2022.
6. Can MX Token (MX) reach $300?
MX Token (MX) is one of the active cryptos that continues to maintain its bullish state. Eventually, if this bullish trend continues then MX Token (MX) will hit $300 soon.
7. What will be the MX Token (MX) price by 2023?
MX Token (MX) price is expected to reach $6 by 2023.
8. What will be the MX Token (MX) price by 2024?
MX Token (MX)price is expected to reach $9 by 2024.
9. What will be the MX Token (MX)price by 2025?
MX Token (MX) price is expected to reach $11 by 2025.
10. What will be the MX Token (MX) price by 2026?
MX Token (MX) price is expected to reach $15 by 2026.
Disclaimer: The opinion expressed in this chart is solely the author’s. It does not represent any investment advice. TheNewsCrypto team encourages all to do their own research before investing.
Dubai, United Arab Emirates, 5th October, 2022, Chainwire
The first edition of the Middle East Blockchain Awards will be held in Abu Dhabi in November 2022, to recognise and reward outstanding efforts within the fields of blockchain and Web 3.0 innovations. Hoko Agency Middle East will host the Awards, in association with Abu Dhabi Global Market’s flagship platform, Abu Dhabi Finance Week; and the Middle East, Africa and Asia Crypto and Blockchain Association (MEAACBA).
Frontrunners in the industry will be recognised through the Middle East Blockchain Awards (MEBA), with all nominations assessed by a panel of prestigious experts. Judges include:
● Dr. Marwan Al Zarouni, CEO of Dubai Blockchain Centre (DBCC)
● Jehanzeb Awan, Board Member of MEAACBA, Founding Partner and CEO of J. Awan and Partners
● Miriam Kiwan, Former Head of Digital Assets at ADGM, Board Member at BlackOack Global
● Misha Hanin, Co-founder and CEO of BEDU
● Saqr Ereiqat, Co-Founder and CCO of Crypto Oasis
● Matthew Amlot, Managing Editor of Arabian Business
MEBA will be held in the stunning Palm Garden at the five-star W Abu Dhabi – Yas Island on 18 November 2022 in the midst of the high-energy F1 Race Weekend. The black-tie event promises a spectacular evening of recognition, insight and entertainment, attended by high-profile individuals from across the GCC.
Abu Dhabi was chosen as the host city for the inaugural awards because of the UAE leadership’s commitment to progression and innovation in blockchain and digital transformation. The UAE as a whole has made significant moves towards the regulation, safety and transparency of blockchain and digital assets, driving the importance of global standards for industry compliance that will benefit all aspects of Web 3.0. This forward-thinking approach has attracted numerous global players to establish their presence in the emirates, creating a strong ecosystem that contributes towards its reputation as a hub for crypto and beyond.
Jehanzeb Awan, Board Member of MEAACBA, Founding Partner and CEO of J. Awan and Partners said: “Blockchain is creating a digital ecosystem which will support a new world of services and products ranging from financial services through to real economy. The Middle East Blockchain Awards will help drive innovation, reward excellence and provide a benchmark for companies to aspire to and in doing so contribute significantly to the regional ecosystem.”
Max Palethorpe, Founder and CEO of Hoko Group said: “The Middle East Blockchain Awards come at a time when people and businesses are pushing the boundaries of what was previously thought impossible, making significant headway into a digital-first world. This is a very exciting period for anyone involved in the Web 3.0 ecosystem. It’s our privilege to honour those who are forging new paths with the recognition they deserve.”
Award categories include Most Innovative DeFi Platform 2022, Most Promising DEX to Watch 2022, Most Powerful CEX 2022, Best Mobile Crypto Wallet 2022, Best NFT Marketplace 2022, Best Crypto Investment Fund 2022, Most Promising Web 3.0 Ecosystem 2022, Best Nft & Gamefi Project 2022, Top Global Crypto Youtuber / Influencer 2022, Most Influential Woman in Blockchain & Crypto 2022, Most Influential CMO in Blockchain & Crypto 2022, Most Influential Global Crypto News Service 2022, Most Influential CEO In Blockchain & Crypto 2022, and Most Promising ESG Crypto Project.
Fidelity has been hard at work on their own cryptocurrency exchange, called EDX Markets.
Mike Novogratz, CEO of Galaxy Digital first informed about the update.
Registration paperwork submitted to the U.S. Securities and Exchange Commission (SEC) reveals that Fidelity has invested $5 million in a new Ethereum index fund. Moreover, the $4.5 trillion asset management filed its Fidelity Ethereum Index Fund with the SEC on Tuesday but reported that the first sale occurred on September 26.
Although the news did not come directly from Fidelity, it was speculated last month that the company was exploring allowing Bitcoin trading for its more than 34 million retail clients. Mike Novogratz, CEO of Galaxy Digital, let the cat out of the bag at New York’s SALT event.
Competing With Established Rivals
Fidelity has been hard at work on their own cryptocurrency exchange, called EDX Markets. A Fidelity representative told last month that the business has formed a consortium with Charles Schwab, Citadel Securities, and other sponsors in order to launch a new exchange that would “enable a more efficient, safe, and cost-effective procedure for trading digital assets.”
The new Fidelity Ethereum Index Fund competes with a growing number of established rivals in this space. Bitwise, a $1 billion experienced asset manager, reported $25 million in Ethereum Fund assets under management in an SEC filing in September. Furthermore, the Bitwise Ethereum Index Fund was introduced by the San Francisco firm in 2018, making it far more established.
The primary distinction between index funds like those offered by Fidelity and Bitwise and ETFs like the Grayscale Ethereum Trust (ETHE) is the method through which they are traded. Fidelity’s new index fund, like all others, is available only after markets have closed, at predetermined prices.
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Kishida said the country would expand the use of Web3 services.
Japan has decided to strengthen an existing money laundering regulation.
In a policy speech on Monday, Japan’s Prime Minister Fumio Kishida announced his intention to boost developments in Non-fungible tokens (NFTs) and the Metaverse. According to Kishida, the country would increase its investments in digital transformation and expand the use of Web3 services, reported the Japanese Prime Minister’s Office.
Over time, Japan’s position on cryptocurrencies has evolved. Following the “New Capitalism” concept of Japanese Prime Minister Fumio Kishida aims to strengthen Japan’s economy. The Prime minister has already promised to double household wealth and committed to assisting in the expansion of Web3 companies around the country. Also previously Kishida has said that the nation’s future growth strategy will include developments relating to the metaverse and NFT.
The prime minister made additional notes in the statement about digitizing national identification cards. And he added Japan will continue supporting the social implementation of digital technologies. In 2021, Kishida positioned himself in Web3 development, which he considered one of the fundamental elements of economic change.
Japan Stands on Digital World
In July, Japan’s Ministry of Economy, Trade, and Industry established a “Web 3.0 Policy Promotion Office to improve the system analyzing the business environment for blockchain-based companies. Additionally, the University of Tokyo intends to include metaverse-related courses in its curriculum. The university will offer different types of engineering courses that make use of metaverse technology.
Furthermore, according to the recent announcement, the Japanese government is attempting to implement some regulations regarding remittances to prevent criminals from using exchanges to launder money.