Following the daily low of $1,624 on Friday, ETH gained little in today's session, reaching a high of $1,637.<\/p>\n\n\n\n
Bulls have been rejecting bearish advances throughout the majority of the week despite repeated attempts by bears to break through the previously noted price floor. Technically, Ethereum still needs to break the current support at $1,620 to make more room for a further downside movement targeting the $1.5K zone.<\/p>\n","post_title":"Bitcoin And Ethereum Technical Analysis: BTC Is Still Mired In Consolidation Around $25K, And The ETH Yet To Break The $1.6K Support Despite The Overall Bearish Trend","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-and-ethereum-technical-analysis-btc-is-still-mired-in-consolidation-around-25k-and-the-eth-yet-to-break-the-1-6k-support-despite-the-overall-bearish-trend","to_ping":"","pinged":"","post_modified":"2023-09-13 13:07:55","post_modified_gmt":"2023-09-13 03:07:55","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13357","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":13403,"post_author":"2","post_date":"2023-09-13 04:25:20","post_date_gmt":"2023-09-12 18:25:20","post_content":"\n
Dubai, UAE, September 12th, 2023, Chainwire<\/strong><\/span><\/p> Unveiling a new era in cryptocurrency trading, LeveX<\/a> brings to the fore an unprecedented integration of social trading into its platform, fostering a vibrant and connected trading community. Beyond this landmark feature, LeveX also offers a plethora of innovations, enhancing the trading experience like never before.<\/p> LeveX: A Leading Edge in Cryptocurrency Exchanges<\/strong><\/p> At its heart, LeveX presents itself as a superior cryptocurrency exchange platform that provides a robust, fast, and efficient interface for trading. Users have access to a wide array of spot and derivatives pairs, including prominent ones like BTCUSDT, ETHUSDT, and LTCUSDT among others, creating an ample scope for diverse trading opportunities. Coupled with professional perpetual contracts offering up to 100x leverage, LeveX stands on par, if not ahead, of other leading exchanges in the crypto landscape.<\/p> However, what sets LeveX apart is its pioneering leap beyond the conventional trading experience. The platform does not merely match industry standards but goes beyond to provide additional, unprecedented features. These unique offerings bridge the gap between trading and community engagement, leading to its next innovative feature: Social Trading.<\/p> Social Trading Reimagined: Trading, Sharing, and Thriving Together<\/strong><\/p> LeveX introduces a revolutionary social content feed directly integrated into users' dashboards, akin to Twitter, yet optimized for the crypto trading ecosystem:<\/p> The innovation of LeveX's social trading stems from the seamless integration of its unique features. This distinct platform eliminates the prevalent fragmentation in the crypto trading community. It no longer requires prominent traders to maintain a presence across various platforms, creating a centralized hub for them to grow their following, share their insights, and directly engage with their followers through custom tournaments and funds.<\/p> For users, this cohesiveness amplifies their trading experience as they are equipped with more information and choices than ever before. It's as simple as logging in to see what their trusted veteran trader is doing, copying a trade, or joining a fund or tournament \u2014 all in real time. Plus, the forthcoming analytics tools, typically available through separate subscriptions, will now be integrated into the platform and accessible for free.<\/p> The cumulative effect of these innovations is a robust and inclusive platform that harmonizes social interactions and trading activities. LeveX thus provides a stronger edge and enhanced opportunities to its users, cultivating an environment where everyone has a chance to thrive.<\/p> The LeveX VIP System and Pioneer Phase Campaign<\/strong><\/p> Distinguishing itself from the industry norm, LeveX offers a VIP System with an unprecedented 25 levels of exclusive rewards, allowing traders of all volumes to reap substantial benefits. The perks culminate at VIP25, where spot fees are waived entirely, and traders have the chance to win up to $500,000 in a lucky draw.<\/p> In conjunction with the VIP system, LeveX is planning a Pioneer Phase Campaign for the platform's inaugural period. The campaign will consist of multiple rewarding events that encourage and allow users to trade, test, and report feedback, generously rewarding these inaugural platform pioneers with a total of $90,000 for their contributions.<\/p> Whether it's through active trading, providing valuable feedback, or identifying system bugs, LeveX recognizes and rewards the combined efforts that go into refining its platform. This initiative is a testament to LeveX's core vision: creating a collaborative trading ecosystem, where innovation is fueled by collective insights and effort. The final systems that will enable this campaign are under development, but users should keep a keen eye on all channels for the eventual announcements.\u00a0<\/p> Users are welcome to become a part of a thriving community and register now at: https:\/\/levex.com\/en\/register<\/a><\/p> About LeveX<\/strong><\/p> LeveX<\/a> is a cutting-edge cryptocurrency exchange designed to empower every trader. The platform brings together state-of-the-art trading tools, game-changing social trading features, and an unwavering commitment to transparency, fairness, and inclusivity. Born out of the frustrations experienced by traders on traditional platforms, LeveX redefines the crypto trading landscape by prioritizing user needs and bridging the information gap between professionals and everyday traders. With a strong community focus, LeveX fosters an environment \"Where Traders Thrive Together,\" delivering an unmatched crypto trading experience that puts traders first.<\/p> Montreal, Canada, September 12th, 2023, Chainwire<\/strong><\/span><\/p> Octav<\/a>, a DeFi labeling and tax reconciliation platform, raised a $2.65 million seed to help label the DeFi ecosystem and be the \"Quickbooks of crypto\".<\/p> Octav is led by Mathieu Baril<\/a> & Luc Blackburn<\/a>, both of whom have previously worked at companies like Zapper, Accedian Network and Otodata before starting Octav. Octav boasts a variety of esteemed Investors including Nascent, Polymorphic Capital, Parallel Studio, Spaceship DAO, Investmeows, Possible Ventures, Speedinvest, ACET capital, Paul Desmarais, CEO of Sagard holdings, and Mark Zeller from AAVE.<\/p> Octav\u2019s DeFi labelling and tax reconciliation platform includes a DeFi labelling database, portfolio dashboard, and data analytics such as cost basis, profit and loss, and fees paid. It also allows anyone using the platform to contribute to the DeFi machine learning algorithm dubbed \u201cThe Brain\u201d by labeling any unknown transactions that are not yet part of the database. Once user contributions are algorithmically verified the update is pushed automatically to all Octav users who interacted with the same smart contract.<\/p> In the long term, the co-founders plan to focus on integrating with current crypto tax platforms where Octav\u2019s database would help as a pre-tax facilitator, reconciling all of a user's transactions before being ready for tax software.<\/p> About Octav<\/strong><\/p> Octav<\/a> is a free and editable data analytics platform that helps decipher Decentralized Finance (DeFi) investment activity. Octav\u2019s user-curated database simplifies DeFi for traders, tax professionals, and liquid asset management firms, serving as a pre-tax facilitator for cost-basis, profit & loss, and more.<\/p> For more information, visit:<\/p> Website<\/a> | Medium<\/a> | X<\/a> | Discord<\/a> | Official Docs<\/a> <\/p> London, United Kingdom, September 12th, 2023, Chainwire<\/strong><\/span><\/p> Chancer<\/a> has released their first product update, aligning with the exciting vision laid out in their whitepaper. This accompanies the rapid trajectory of the presale raise, which accumulated over $1.7M - with the few remaining tokens at this stage priced at $0.011 before the raise enters Stage 3 and increases by 9% to $0.012.\u00a0<\/p> The update covers crucial progress on betting mechanics, user profiles, leaderboards, and how social sharing will work in the app.<\/p> Chancer\u2019s Head of Product, Paul Kelbie, stated:<\/p> Chancer has raised over $1.7m, with only $300k remaining in Stage 2 before the price will increase by 9% per token. Users can buy Chancer <\/strong>here<\/strong><\/a>.<\/strong><\/p>
Contact<\/h5>PR Manager<\/strong>
<\/span>Jason Caldwell<\/strong>
<\/span>LeveX.com<\/strong>
<\/span>[email protected]<\/strong>
<\/span>\n","post_title":"LeveX Unleashes Next-Gen Social Trading Features, Pioneering a Cohesive Crypto Trading Ecosystem","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"","post_password":"","post_name":"levex-unleashes-next-gen-social-trading-features-pioneering-a-cohesive-crypto-trading-ecosystem","to_ping":"","pinged":"","post_modified":"2023-09-13 04:25:20","post_modified_gmt":"2023-09-12 18:25:20","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13403","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":13399,"post_author":"2","post_date":"2023-09-13 00:03:42","post_date_gmt":"2023-09-12 14:03:42","post_content":"\n\u201cThere hasn\u2019t been a systematic way where the DeFi community can decipher all their transactions from block explorers and get their data in one convenient dashboard,\u201d said Mathieu Baril, Co-Founder & CEO of Octav. \u201cSo it became clear to us that data labelling is missing in DeFi\u201d.<\/blockquote>
\u201cWe are building the platform that deciphers all DeFi transactions,\u201d Mathieu said. \u201cToday, there\u2019s a lot of companies building DeFi dashboards but I don\u2019t think anyone is going deep to provide the end user with all the data in an easy way to understand and we think the right company will need to have a complete defined database of all DeFi transactions, not just a piece of it.\u201d<\/blockquote>
\"A lot of DeFi native tools like Etherscan and Dune Analytics give a lot of raw data which is great if you have the technical knowledge but not great for most DeFi enthusiasts\", Mathieu noted.<\/blockquote>
![](\"https:\/\/www.thedistributed.co\/wp-content\/uploads\/2023\/09\/Dashboard_Screen_Retail_1_1694455969nPk9FrIQJI.jpg\")
<\/p>\u201cEtherscan does not give you the ability to understand exactly what transaction you did and with what protocol you interacted with because it only provides the contract address and the transaction function directly from the smart contract code.\u201d Mathieu added. \u201cSo the entire ecosystem of tools is broken and DeFi enthusiasts are struggling with a lack of understanding and playbook. That\u2019s really where the current state is and we\u2019re trying to build something to solve this over time.\u201d<\/blockquote>
![](\"https:\/\/www.thedistributed.co\/wp-content\/uploads\/2023\/09\/Transaction_Screen_Retail_1694456101wnBKByCSaV.jpg\"){kind=spacer}
<\/p>\"Octav is currently in beta with thousands of users, seven integrated chains, and over 100 million transactions indexed to date\u201d, Mathieu said. \"While the first customers are DeFi power users, Octav\u2019s client base is \u201canyone who has ever interacted with a DeFi protocol\u201d, Mathieu added.<\/blockquote>
\"The capital will be used to integrate more chains to capture the entire DeFi ecosystem. New chains are launched throughout the year and new protocols launch weekly so we always have to be ahead to capture the latest protocols the DeFi community is interacting with.\u201d Luc said. \u201cWe both worked at startups before and understand the importance of delivering ambitious goals with a lean team.\u201d<\/blockquote>
\u201cFor us, it\u2019s really twofold. We want to go from a small, tight-knit community of DeFi power users and grow that business,\u201d Mathieu said. \u201cIn parallel, we have an entire stream of accountants waiting to pay to use our platform to reconcile transactions for tax preparation for their clients, we believe that is where our breakthrough will happen.\u201d<\/blockquote>
<\/p>Contact<\/h5>Marketing Manager<\/strong>
<\/span>Stephen Edvi<\/strong>
<\/span>Octav<\/strong>
<\/span>[email protected]<\/strong>
<\/span>\n","post_title":"Octav Raises 2.65 Million To Help Label DeFi Transactions","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"","post_password":"","post_name":"octav-raises-2-65-million-to-help-label-defi-transactions","to_ping":"","pinged":"","post_modified":"2023-09-13 00:03:42","post_modified_gmt":"2023-09-12 14:03:42","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13399","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":13391,"post_author":"2","post_date":"2023-09-12 22:01:53","post_date_gmt":"2023-09-12 12:01:53","post_content":"\n\u201cI am delighted to see the progress made by the development and UX teams here. This is a complex build with a range of exciting features. With this foundational work complete we can begin work on the second phase of the product development in advance of our beta. Suffice to say the team is hugely excited and the community is buzzing! Can\u2019t wait to crack on!\u201d<\/blockquote>