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#Write2earn #Solana Expands Partnership with Google Cloud: Introducing GameShift for #Web3 #Gaming #GoogleCloud $SOL Solana has been steadily strengthening its collaboration with Google Cloud since bringing the company on board as a validator in November 2022. Expanding on this partnership, Solana Labs has now enhanced its ties with Google Cloud by making its web3 gaming API, GameShift, accessible to Google Cloud customers. The announcement, made on May 2, signifies a step forward in simplifying the exploration of web3 gaming technology for developers and integrating blockchain-based features into their projects. Davis Hart, head of GameShift, expressed, "Our goal is to promote the widespread adoption of blockchain technology in gaming. By integrating GameShift into Google Cloud's partner ecosystem, we can accelerate this adoption by offering these capabilities to their extensive global developer community." Described by Solana as a user-friendly API, GameShift aims to streamline the complexities typically associated with developing games utilizing blockchain functionalities. Key features provided by GameShift include in-game minting of Solana-based digital assets, custom branded in-game marketplaces, transaction fees and key management services, and non-custodial wallets. Jack Buser, Director for Games at Google Cloud, noted, "Many game studios hosted on Google Cloud are eager to harness the creative possibilities of Web3 technology, but the technical intricacies have often posed a significant obstacle to broader adoption. By integrating GameShift into Google Cloud's ecosystem for live games, we're offering developers a simplified pathway to create immersive blockchain experiences without grappling with the underlying technology." Additionally, GameShift facilitates integration with credit card and banking systems for seamless payments and payouts.

#Write2earn #Solana Expands Partnership with Google Cloud: Introducing GameShift for #Web3 #Gaming

#GoogleCloud $SOL

Solana has been steadily strengthening its collaboration with Google Cloud since bringing the company on board as a validator in November 2022.

Expanding on this partnership, Solana Labs has now enhanced its ties with Google Cloud by making its web3 gaming API, GameShift, accessible to Google Cloud customers.

The announcement, made on May 2, signifies a step forward in simplifying the exploration of web3 gaming technology for developers and integrating blockchain-based features into their projects.

Davis Hart, head of GameShift, expressed, "Our goal is to promote the widespread adoption of blockchain technology in gaming. By integrating GameShift into Google Cloud's partner ecosystem, we can accelerate this adoption by offering these capabilities to their extensive global developer community."

Described by Solana as a user-friendly API, GameShift aims to streamline the complexities typically associated with developing games utilizing blockchain functionalities.

Key features provided by GameShift include in-game minting of Solana-based digital assets, custom branded in-game marketplaces, transaction fees and key management services, and non-custodial wallets.

Jack Buser, Director for Games at Google Cloud, noted, "Many game studios hosted on Google Cloud are eager to harness the creative possibilities of Web3 technology, but the technical intricacies have often posed a significant obstacle to broader adoption.

By integrating GameShift into Google Cloud's ecosystem for live games, we're offering developers a simplified pathway to create immersive blockchain experiences without grappling with the underlying technology."

Additionally, GameShift facilitates integration with credit card and banking systems for seamless payments and payouts.

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#Write2earn EXPLORING $SOL ’S RECENT PRICE ACTION AND PREDICTIONS FOR FUTURE TRENDS #solana #solanAnalysis #sol Solana (SOL) recently faced a bearish rejection at resistance but surprised with a 9% surge in the past day. Its fate remains uncertain as it navigates potential resistance or further correction. After a recent rejection around $157 to $160, SOL rebounded, hinting at continued upward momentum. Presently, it faces resistance in that range, with potential to break towards $175. Indicators show a bullish sentiment, with EMAs displaying a golden crossover and MACD lines signaling bullishness. However, RSI remains neutral. On the 4-hour chart, a bullish outlook persists, despite the Death Cross indicating a short-term bearish trend. Failure to breach resistance may lead SOL towards support levels between $125 and $133, or even $85. Weekly charts show bearish MACD lines, while the monthly chart hints at a correction phase shift. Against BTC, SOL shows bullish momentum, with signs of a corrective phase end. While the MACD histogram shows bullish signs, caution is warranted as MACD lines and RSI remain neutral, necessitating careful observation in the days ahead.
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#Write2earn DOGE's Potential Golden Cross: A Signal of Bullish Momentum Ahead? #dogecoin #DOGE #DogecoinGlory $DOGE A familiar pattern in DOGE's price seems poised for a comeback, reminiscent of the surge witnessed in early 2021. Dogecoin (DOGE), renowned as the largest meme cryptocurrency by market value, appears to be on track to replicate the bullish "golden cross" technical pattern that preceded the notable surge earlier this year. With a market cap hovering around $22 billion, DOGE has showcased remarkable performance in 2021, witnessing a price surge of over 70%, surpassing the nearly 50% increase seen in bitcoin (BTC), the leading cryptocurrency. The 50-week simple moving average (SMA) of DOGE's spot price is currently trending upwards and appears primed to intersect with the 200-week SMA in the coming weeks, indicating a golden cross. This suggests that short-term price momentum might soon surpass long-term momentum, potentially signaling an extended bullish trend. Moving-average crossovers are commonly utilized by momentum traders as part of a systematic approach to pinpointing market entry and exit points. DOGE's price surpassed its 200-week SMA in March, breaking free from a prolonged sideways consolidation phase, and has since maintained a position above this critical average. The impending golden cross would mark the first occurrence in over three years. The previous one, observed in early January 2021, heralded a four-month rally that propelled prices to surge over 8,000%, reaching a record high of 76 cents on Binance. However, it's essential to note that historical data doesn't guarantee future outcomes, especially with moving average crossovers, which often lag behind prices and can trap traders on the wrong side, particularly in traditional markets. Furthermore, meme coins like DOGE lack tangible real-world utility and are primarily fueled by speculation, rendering them highly sensitive to fiat liquidity conditions and global interest rate expectations.
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#Write2earn EMPOWERING ONCHAIN SPORTS PREDICTION MARKETS: THE AZURO-CHILIZ PARTNERSHIP #ChilizChain #chiliz #CHZ $CHZ Azuro, a leader in onchain predictions liquidity, and Chiliz, a top blockchain platform for sports and entertainment, are teaming up to boost onchain sports prediction markets. This collaboration aims to offer millions of fans worldwide fair and transparent prediction apps, allowing them to show greater support for their favorite teams and athletes. Chiliz Chain is known for its blockchain solutions revolutionizing fan engagement in sports through features like fan tokens and interactive platforms. Through Socios.com, Chiliz Chain supports over 80 sports-related fan tokens and serves more than 2 million ecosystem users, including leading football clubs like FC Barcelona and Manchester City. Chiliz Chain operates on a Proof of Staked Authority (PoSA) consensus algorithm, facilitating active interaction with the chain by smart contract developers, validators, and stakers. The collaboration with Azuro enables Chiliz to tap into the rapidly expanding onchain prediction markets, leveraging Azuro's innovative liquidity pool design and oracle solutions. Azuro's robust platform, with over 25 active applications and transaction volumes exceeding $290 million, provides an ideal environment for Chiliz to extend its reach in the sports and entertainment sectors. Chiliz will integrate into the Azuro Protocol, alongside existing supported chains like Polygon and Gnosis Chain, broadening its presence within sports-focused prediction applications. Alexandre Dreyfus, CEO of Chiliz and Socios.com, highlighted the significance of integrating with Azuro to capitalize on the expanding onchain prediction market. Rossen, a core contributor at Azuro, emphasized the natural synergy between onchain prediction markets and the sports and entertainment sector, making collaboration with Chiliz Chain a logical step forward.
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#Write2earn Analyzing #Bitcoin Sentiment: Is a Major Shift Looming in 2024? #BTC🔥🔥🔥🔥🔥 $BTC Social media sentiment regarding Bitcoin hits a low for 2024, raising concerns about fear in the cryptocurrency market. With decreasing positivity and activity online, there's speculation about a potential significant downturn for Bitcoin. Data from LunarCrush shows a decline in Bitcoin-related social activity, except for spikes during the launch of Spot Bitcoin ETFs. Investor sentiment is shifting towards fear as Bitcoin registers lower highs and lows since mid-March. While a prolonged downturn is possible, historical cycles make a swift conclusion to the bull market improbable. A drop to $51,000 could extend the current bull market, potentially leading to new price highs. Bitcoin tests the $61,000 support level, with repeated tests increasing the likelihood of a breach. However, a downward trend line since April 8 provides additional support. Despite negative sentiment, if Bitcoin stays within its bullish trajectory and key support holds, a rebound could occur. Historical trends suggest sentiment often reaches its lowest before a reversal. Factors like potential Fed rate cuts and the upcoming presidential election could boost risk assets like Bitcoin throughout the remainder of the year, potentially culminating in a peak sometime in 2025.
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#Write2earn THE #MEMECOIN SURGE: RIDING THE WAVE OF CRYPTOCURRENCY TRENDS #memecoinseason #PEPE #WIF $PEPE $WIF $BTC The demand for meme coins is surging, according to a crypto analyst's insights. In April, CoinMarketCap recorded an all-time high of 138 memecoins, marking a significant increase from the 18 registered in April 2023. Despite the sluggish performance of bitcoin (BTC), the meme coin craze remains robust. These tokens, often criticized for their perceived lack of utility, are attracting investors primarily driven by the potential for value appreciation, the inclusive nature of participation, and the entertainment factor, as noted by Ethereum's founder, Vitalik Buterin. Arthur Hayes, co-founder of BitMEX and now Chief Investment Officer at Maelstrom, sees meme coins as a catalyst for growth within the blockchain ecosystem, drawing attention and talent to the industry. Solana has emerged as a favored blockchain for meme coins due to its lower transaction costs and faster processing speeds compared to Ethereum. This shift has contributed to record network activity on Solana, driving up the price of SOL, its native token. Amidst bitcoin's recent lackluster performance, speculators are turning to meme tokens like pepe (PEPE), which has seen a notable 17% increase in value over the past week. Notably, tokens like Dogifwhat (WIF) are exhibiting high open interest-to-market cap ratios, indicating significant attention from the derivative markets. Overall, the rise of meme coins signifies a broader trend in the crypto space, with investors and traders actively seeking opportunities beyond traditional cryptocurrencies.
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