June Roundup: Cryptocurrency Winners and Losers 845

Top performing cryptocurrencies were Ethereum Classic and Binance Coin while Neo, Cardano, Iota and Icon were the biggest losers.

Another month went by in crypto land but June would be one that most would want to forget. Looking back at the winners and losers from the month does not display a pretty picture for most of them. Following May’s month of decline the bears hit markets even harder in June pushing them down to their lowest levels in 2018.

Total crypto market capitalization declined in June from $330 billion on the first to $245 billion at the end of the month representing a loss of 26%. Around $85 billion dollars flooded out of the crypto market during June which saw it reach a yearly low of $233 billion on the 29th. Since January’s peak markets have lost 72% to this low point five months later, it marks the third lower low and indicates that the bears were in full control as of the end of June.

Bitcoin fell from $7,500 at the beginning of June to a yearly low below $6,000 at the end of it. If the 20% drop wasn’t bad enough the sub $5,800 dip stung a few investors. Trade volume for BTC fell from $4.5 billion to $3.6 billion and market cap at the end of June was a little over $100 billion. The only good news for Bitcoin over the month was the rise of its market dominance to 42.7%.

June Crypto Winners

Ethereum Classic can only be considered a winner in June because it did not drop and ended the month around the same level as it started, just over $15. Against Bitcoin Ethereum Classic made 20% in June ending at 246400 satoshis. The boost came from Coinbase which announced that it will soon be supporting ETC trading on its platform.

Binance Coin made a little over 10% in June as traders ditched their altcoins into exchange based coins or stablecoins. Starting the month at $14.15 BNB climbed to $15.65 by the end of it to be the only crypto in the top 30 to make a gain in June.

June Crypto Losers

Ethereum got battered in June losing 25% from $575 at the beginning to $430 at the end of the month. ETH usually does a little worse than BTC but not as badly as most of the other altcoins which have all been trounced. Over $14 billion was lost from Ethereum’s market cap as trade volume fell by 25% over the month.

Ripple’s XRP took a 28% hit falling from $0.61 to $0.43 throughout June. News about new partnerships and development for the company and cryptocurrency has had very little effect on its price. Bitcoin Cash started June at a touch under $1,000 but plummeted to $660 by the end of it resulting in a beating of 34%.

The over-hyped EOS mainnet launch was riddled with bugs and centralization concerns and the ensuing FUD storm caused it to crash 37% in June from $12.25 at the beginning to $7.70 at the end. It reached a low point of $7.20 in June which is almost 70% down from its all-time high of around $23 two months ago at the end of April.

Litecoin has been in a downward spiral for months now and June has been no different. Losing 36% over the month LTC slid from $118 to $75 at the end of it reaching its lowest level since late November. Lumens had an equally bad month falling 38% from $0.29 to $0.18. Cardano fared even worse with a 45% crash from $0.22 to $0.12. ADA has consistently been the worst performing altcoin in the top ten for several months now.

A similar 45% hit was felt by Iota as it plunged from $1.75 to $0.95 over the thirty days of June. Neo also got smashed back to November 2017 levels with a 47% fall from $53 to $28. June has been the worst month for Neo since the rebrand last year. Tron, which had a more successful mainnet launch, could not benefit from price action as it lost 42% from $0.060 to $0.035 in June.

Monero suffered but not as badly with only a 22% drop from $155 on the first to $122 at the end of June. Dash dropped 25% from $305 to $230 and Nem lost 37% falling to $0.15. Other big losers in June included VeChain losing 24%, OmiseGO dropping 30%, Qtum shedding 35%, Zcash getting hammered 37%, Ontology falling 30%, Icon bashed 44%, and rounding out the top 25 Zilliqa losing 32%.

June’s losses were greater than May’s as the bears strangled the markets sending most altcoins to their lowest levels this year and back to November prices. To summarize the only two winners in June were Ethereum Classic and Binance Coin. The losers were pretty much all of the others but those getting hit the hardest for the month were Neo, Cardano, Iota and Icon.

Previous months: February | March | April | May

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Despite the bear market, this VC is doubling down with a 10M Euro investment for new blockchain-based projects 2000

Lars Seier Christensen, chairman of the Swiss non-profit Concordium Foundation and a global pioneer in FX and derivatives trading, has announced further investment in the ecosystem around Concordium Blockchain to the tune of 10 million euros.

Determined to help grow an ecosystem in which he has great faith, the VC is doing this despite the current bear market and a possible recession that many are predicting. Concordium, a science-backed blockchain designed with business applications in mind, is tirelessly building the technology to help the world migrate from Web2 to Web3 and beyond.

“I believe we are so early, and so undervalued, that despite all of the news of a recession, there is still great potential for incredible products with revolutionary, concrete real-world applications,” Seier Christensen says of his decision.

The funds will be used to finance projects looking to build on or integrate their dApps on the Concordium chain, as a major area of growth for the blockchain is funding projects related to DeFi, gaming, the metaverse and various industrial applications. All projects funded will also get the opportunity to get commercial and marketing support from Concordium.

He adds: “I hope my investment will help prove to the crypto and blockchain community that now is a good time to build and get funding in time for the next bull run,” he adds. “My ambition is also to provide the framework for several new funds, where other crypto investors can set up fund vehicles to build on and invest in Concordium.”

Kleks Academy Transforms the Cinema Industry via NFT Technology 2260

A collection of unique multi-D NFT’s, which double as tickets to the Kleks Academy universe, which will be available to purchase in the early bird pre-sale on September 27th, the September 28th presale and at the September 29th general sale.

Kleks – An old story, brought back to life

Generations of Polish children grew up on Professor Kleks, a universe created decades before Hogwarts. It all started with a story written in the ‘40s by Jan Brzechwa, which was turned into a cult film in the ‘80s, which over 30 million Poles saw in the cinema.

Technology has since advanced drastically, allowing for the legendary Professor Kleks to be brought back, this time for a global audience. And who better to do this than the Open Mind Production team, which has released consecutive smash hits, including “365 Days 1 and 2”, which garnered well over 500 million views on Netflix.

Incorporating new technology to transform the film experience

Technology is allowing the team not just to tell the story of Professor Kleks in ways that were previously impossible – it is also allowing them to bring the film experience to viewers like never before. The Kleks Academy will be accessible thanks to multi-D NFT’s, minted on ERC-721 compliant contracts deployed on the Ethereum blockchain, which will be your access ticket to the Kleks Academy.

The Kleks Multi-D NFT’s – NFT’s with a twist

The Kleks Academy multi-D NFT’s are hexahedrons, or six sided, 3D animated NFT’s, with each side containing graphics and information, revealed over time in Multiple Discoveries, and holders will be able to Side Swap, making their NFT’s even rarer.

Kleks NFT’s come with truly unprecedented benefits for their owners, which will transform the cinema experience and the NFT scene.

Holders will be able to participate in the film like never before – they will be included from the get go, with access to the production process, roles in the films as extras or speaking roles, invites to special screenings, access to augmented reality elements within the films and finally, to the Kleks Academy custom built metaverse which will enable them to continue the adventure.

FRECKLE$, the fuel of the Kleks Academy ecosystem

The Kleks Academy Metaverse will be powered by FRECKLE$, a utility token on the blockchain, with each multi-D NFT, from the time of minting, assigned a daily release of FRECKLE$ into the FRECKLE$ METER, with a guaranteed amount of FRECKLE$ released within a 5 year period.

We can’t wait for you to join us on this incredible adventure, filled with creativity, innovation, imagination

About us

The Kleks Academy is limited collection of Multi-D NFTs that will live on the Ethereum blockchain, co-founded by the Open Minded Production team. The multi-D NFT is your entrance ticket to the Kleks Academy adventure, which includes the film production process, as well as augmented reality and the metaverse.

Exchange thousands of tokens with newly launched Changelly DeFi Swap 2264

As so-called decentralized finance (DeFi) applications boomed in the summer of 2020, the market has pivoted toward a new direction. DeFi makes financial products and services available to everyone who has access to the internet. Moreover, it helps eliminate third-party involvement in people’s businesses and private lives by creating fully secure and anonymous financial services. Next, DeFi empowers users to truly own their funds and utilize various tools to lend, borrow, stake, earn interest and more.

We are thrilled to announce that we are taking the first step toward introducing DeFi possibilities to our users with Changelly DeFi Swap powered by Yet Another DeFi.

Yet Another DeFi is a decentralized exchange (DEX) aggregator that encompasses all the advantages of DeFi and optimizes transaction costs. The Smart Router by YAD finds the best way for a swap among different liquidity providers and suggests the most beneficial split to proceed with the transaction.

What does this integration mean to our users?

  • 1,000+ available tokens
  • Best rates via DeFi
  • Lower transaction costs compared to industry leaders.

At present, any user can swap various Ethereum-based assets with just a few clicks. However, many more chains will become available in the near future, including BNB Chain, Solana, Fantom, Polygon, Arbitrum, Optimism, Tron and others.

The Changelly team is committed to the goal of becoming the leading CEX and DEX aggregator on the market. We believe our seven-year experience of working with CEXs combined with limitless opportunities of DEXs will make it possible to provide even better rates and lower fees to our users. With the integration of DEXs, we get one step closer to enabling seamless anything-to-anything swaps, regardless of blockchain, wallet connector, etc.

Learn more about Changelly:
Changelly website: https://changelly.com/
Changelly DeFi Swap: https://changelly.com/decentralized-exchange
Changelly Twitter: https://twitter.com/Changelly_team

Senken democratizes the market for carbon credits, bringing the global climate economy on-chain 2842

It’s all about shaking up the status quo: To date, the voluntary carbon market is anything but transparent and structured. Nevertheless, many companies that have voluntarily committed to climate targets consider investments in offset projects an essential part of their decarbonization strategies. As a result, demand for certificates is increasing, which is leading to a rise in prices. At the same time, global standards are evolving to define appropriate quality levels for carbon credits and carbon offsetting. To help navigate this challenging market, Senken has developed an easy-to-use trading platform where anyone can compare, buy, trade, and retire carbon credits in a straightforward, climate-smart way.

Coordinating the Voluntary Carbon Market and its emerging players

“We see ourselves as a market orchestrator,” says René Schäfer, founder of Senken. On senken.io, companies and investors can buy and trade tokenized carbon credits from climate projects in a transparent and traceable way. The certificates are stored in a distributed database in a decentralized and immutable manner. They contain all necessary and available information along the climate project value chain—from information that determines project quality and performance, to information on co-benefits (for example, information on Sustainable Development Goals), trade and market data, and additional information such as ratings.

“We offer about 20 million certificates. Another 18 million credits are currently being onboarded,” explains Adrian Wons, founder of Senken. To this end, the company partners with leading regenerative finance and tech startups such as Toucan Protocol, Flowcarbon, Celo, and Polygon, but also with carbon rating agencies such as BeZero Carbon and project developers like Allcot, who are all tackling the lack of transparency and quality by leveraging new standards and technological breakthroughs like blockchain or sensor data.

Senken’s mission is to solve the credibility and transparency problem of the voluntary carbon market

“We believe that the Voluntary Carbon Market is a meaningful and effective mechanism in the fight against climate change. We want to give it a new digital guise and help companies and investors to participate in the market in a qualitative and trustworthy way. At the same time, this allows the market to grow quickly and sustainably,” says Schäfer.

Founder Adrian Wons built up the blockchain unit at Ernst & Young (EY) Germany and led the department for two years. He has a background in Mechanical Engineering and wrote two books about blockchain technology for SpringerGabler. René Schäfer was previously responsible for digital platform business models and digital strategies at hy – the Axel Springer Consulting Group. He advised over 50 clients in the areas of marketplaces and digital transformation. Djamel Mekibes held various European management roles for TJX Europe and led international teams, most recently as Head of Central Operations Germany TK Maxx.

About Senken

Senken has built the world’s first climate finance platform for the trade of on-chain carbon credits. The goal: to democratize purchases, sales, and retirements of carbon credits which were previously only available to privileged investors or over-the-counter insiders. The Senken Marketplace enables transparent investments in tokenized carbon credits from verified climate projects. The projects underlying the credits can be effortlessly queried and compared. The corresponding project credits can be bought, traded, and used to offset carbon emissions. Credibility and trust are guaranteed by a decentralized on-chain infrastructure that stores all accruing information along the value chain of climate projects. Senken was founded in 2022 by Adrian Wons and René Schäfer, co-founder is Djamel Mekibes. https://senken.io/

New Idexo Zapier Integration Connects Over 5000 Web2 Applications to Web3 Unlocking Thousands of NFT Innovation Use Cases 2701

idexo is pleased to announce that it has successfully completed an integration with Zapier, enabling any app that connects to Zapier to connect to the blockchain and web3 across many different chains, and unlocking many thousands of new NFT innovation use cases. The idexo Zapier integration has launched in Beta phase and is available in the Zapier App Directory.

Applications of this integration include:

  • Mint an NFT any time a new row is added to a Google Sheet
  • Mint an NFT with an Email
  • Mint and gift new NFTs as part of drip marketing campaigns
  • Autogenerate early user Soulbound Tokens and participation-based NFTs based on product usage and other customer milestones
  • Trigger NFT mints on a time-based schedule or via webhook action from any application
  • Turn web2 tickets into web3 tickets
  • Create smart contracts via Google Form, Typeform, Wufoo, Gravity Forms and others
  • Create new NFT surveys and responses via any connected web form or survey application
  • Create new decentralized Business Intelligence and Reporting applications using NFTs
  • Create automated workflows that create NFT collections and NFTs within them and promote them on social media
  • Create audio NFTs from voice calls
  • Instantly back up new files from Google Drive, Dropbox and others to permanent decentralized storage on Arweave
  • Generate quotes and proposals as shareable NFTs
  • Autogenerate access and membership NFTs from traditional transactions
  • Organize journals and photos into NFT collections
  • Turn NFTs into printed items such as posters and t-shirts

How anyone can get started using this integration:

  • Register an idexo account
  • Find API key – this is what you need to enter when accessing your Zap
  • Add transaction credits and use them to purchase method credits necessary for making the integration transactions
  • Connect your Zaps using the Zapier interface. To try a simple one, connect a Google Sheet and trigger a new contract deployment and/or NFT mint using a new row in a sheet, or use a webform integration to create them using a simple form.
  • For smart contracts deployed, you can find them under the Contracts tab in the idexo app dashboard. For individual transactions such as minting NFTs, these will appear as a log under the API section under account settings.
  • If desired, set-up a trial account for one of idexo’s monthly plans to access advanced SaaS features and enhanced support

To support the creation of Zap templates, idexo will be holding an idexo Zap hackathon with details and dates to be announced soon.

“From our founding idexo has been focused on simplifying the process of integrating blockchain features into regular applications, opening up NFT innovation to the broader market of creative entrepreneurs,” says Greg Marlin, CEO/CTO of idexo, “We started with simplifying everything down to one line of code and straightforward naming back in early 2021. We’ve always strived to make it easy for anyone, including non-coders to achieve great applications. This aligns perfectly with Zapier’s mission to help people build no-code applications and they’ve done an amazing job of enabling that and attracting such a large number of connected apps. We’re excited to see what people build with these new integrations that connect the Zapier ecosystem with an ever-growing idexo library of available smart contracts, layer 1 and layer 2 blockchains, and web3 and NFT integrations.”

To get started with the idexo Zapier integration, users can first register a free account to obtain an API key and add the necessary transaction and method credits to perform transactions. For more information, users and companies can find documentation links and book a guided demo on the idexo website.

ABOUT IDEXO

Idexo envisions a world where decentralized applications pervade every industry in the $88Trillion/year world economy the way the Internet does.

Idexo’s mission is to empower innovators to create these industry-disrupting applications.

XDC Network to Integrate Groundbreaking DeFi and Compliance Technology From Securrency 2724

Securrency, a leading blockchain-based financial markets infrastructure and products company, announced today that it will deploy its proprietary Digital Asset Composer on the XDC Network, a state-of-the-art blockchain with a mature ecosystem and a particular focus on real-world applications in global trade and finance.

Digital Asset Composer is a unique no-code platform for the creation of digital assets, sophisticated financial instruments as smart contracts on blockchain networks, and crowd-sourced financial engineering in an open ecosystem of value. It will allow the XDC Network community to easily compose financial instruments and entire DeFi protocols, fractionalize real-world assets (RWAs), and create highly customized utility NFTs.

Through the deployment of Digital Asset Composer, the XDC Network aims to empower its users with more powerful and convenient means of creating value on blockchain networks than existing DeFi tools that have proliferated in recent years. Using Digital Asset Composer along with pre-populated asset class building blocks, users will be able to rapidly create and customize a variety of DeFi protocols that span lending and borrowing, yield aggregation, asset management, and derivatives. The result is a community of network users who are empowered to create entirely new protocols, as well as to extend their own versions of the most popular protocols in the market, much more rapidly than is currently possible.

Securrency will further empower XDC Network users to create institutional-grade digital assets and protocols by integrating its Digital Asset Composer platform with Securrency’s Compliance Aware Token Framework and the Securrency Compliance Oracle. The combination of these two powerful technologies means that users will be able to issue tokens that are deemed to be regulated securities and exchange these tokens across different venues and multiple jurisdictions on the XDC Network. Further, Securrency’s Compliance Aware Token Framework will enable identity-proofed persons to recover an enabled asset in the event of loss of keys, theft, or enforcement actions.

“This is an important development for the XDC Network ecosystem and for institutional adoption of digital assets,” said Atul Khekade, founding director of the XDC Network. “Our collaboration with Securrency addresses several regulatory and institutional stakeholder concerns regarding establishing and maintaining control of assets, especially in regard to regulated financial instruments such as digital bonds, trade finance distribution, stablecoins, and central bank digital currencies (CBDCs).”

Dan Doney, CEO of Securrency, added, “We are extremely pleased to be partnering with the core team and the wider XDC Network community to deploy Digital Asset Composer and enable decentralized access to next-gen financial processes and digitally-native assets in a way that is decentralized, highly composable, and requires minimal blockchain knowledge. Securrency and the XDC Network have put a serious marker down in terms of innovation within the space.”

Securrency, Inc., is a group of companies with a common mission to transform capital markets and enable global liquidity and universal access through technology. Centered around Securrency Solutions Technologies, a blockchain-based capital markets infrastructure and products company, Securrency develops and deploys proprietary and patented technologies through third-party customers and strategic partners, as well as through its organic Group financial services subsidiaries. Founded in 2015, Securrency has been a first-mover in institutional-grade blockchain tokenization and decentralized finance boasting, among other technologies in its deep technology stack, a unique interoperable compliance framework to enable the real-time movement of value and a powerful smart contract composer to automate complex financial operations at scale. Through its strong partnerships with some of the largest and most important global financial institutions, its strategic positioning in the US, the UK, Europe, and the Middle East, Securrency has firmly established itself as one of the leading blockchain technology companies in the world.

XDC Network is a leading enterprise ready hybrid blockchain for global trade and finance.