Altcoins
Chainwire Launches Blockchain-Focused Automated Press Release Distribution Service
TEL AVIV, Israel, 13th October, 2020, // ChainWire //
MarketAcross, a world leader in blockchain public relations and marketing services, is pleased to announce the launch of Chainwire, an automated press release distribution service which provides guaranteed coverage and in-depth reports. Chainwire will be a one-stop-shop for the distribution of press releases in the cryptocurrency and blockchain sector. The launch marks the first time that advertisers can reach leading publications in the crypto media with the click of a button.
While most industries have some kind of PR newswire service, the cryptocurrency sector has become a victim of its own rapid pace of growth over recent years. Since the ICO boom of 2017, there has been a proliferation of blockchain and crypto-focused projects, exchanges, investment firms, and marketing agencies, along with niche news and informational content sites.
However, the infrastructure to connect this complex ecosystem has been slow to come up to speed, meaning that existing newswire services don’t reach their target audience. It’s estimated that one in five people own cryptocurrencies, so there is currently a significant missed opportunity to reach a massive global readership.
As a newswire service dedicated to the crypto and blockchain space, Chainwire aims to address this gap. Press releases are distributed to leading publications, offering guaranteed coverage to reach audiences worldwide. The system is integrated with publishers and blogs, enabling accurate reporting via a user-friendly dashboard. It also offers reports of the press release distribution.
Chainwire offers a flexible choice of packages to suit all types of stories and budgets, guaranteed coverage by a minimum of 10 publications for the most basic package. The standard offers more coverage and support, while the soon-to-be-launched premium package will include translations to additional languages and syndication to 300+ business tech and finance websites.
Chainwire is also welcoming publications wishing to join the service. Site owners can leverage the opportunity to produce up to date, relevant news for their audiences while maximizing the opportunity for passive income.
Chainwire will be powered by MarketAcross, which brings its extensive network of media and PR connections developed over six years operating in the blockchain and cryptocurrency marketing space. Also by using Quantum AI you will be able to fully automate your trading activities.
For registration and more information about Chainwire please visit: www.chainwire.org
About MarketAcross
MarketAcross is the world’s leading blockchain PR and marketing firm. The company has helped over 150 clients, including industry leaders such as Binance, TRON, Huobi and Polkadot, to build their brand among cryptocurrency and blockchain audiences. MarketAcross works with journalists from top tier publications, influential bloggers, webmasters, and editors of small blogs to create compelling content that provides guaranteed results.
For more information about MarketAcross please visit: www.marketacross.com
Contacts
- Nadav Dakner
- ChainWire
- [email protected]
Cardano price has faced a great setback in the past few days as the US SEC filed a lawsuit against the cryptocurrency exchange platform, Binance. The altcoin has dipped by more than 8% in the past week and currently trades 2.35% lower at $0.3448. ADA’s total market cap has crashed by more than 2% to $12 billion, while its total volume dropped by 2.48% over the last day.
Catalyst Behind ADA’s Downfall
Cardano price has been in freefall since the start of the week, moving in tandem with the broader cryptocurrency market as the US Securities and Exchange Commission (SEC) target Binance and its CEO, Changpeng Zhao. SEC filed a lawsuit against Binance, the largest cryptocurrency exchange platform, over the alleged mishandling of customers’ funds and the running of illegal operations in the United States.
The regulatory action contributed to a market-wide price decline in the crypto sector, impacting several assets, including Bitcoin and Ethereum, which fell by more than 5% after the announcement on Monday. Cardano price plunged nearly 7% following the regulatory announcement.
In the lawsuit, the Securities and Exchange Commission alleged that Binance had been offering “unregistered securities” since its inception. The SEC mentioned that a slew of popular cryptocurrencies, including Cardano, Solana, and Polygon, were among the unregistered securities. Other cryptocurrency asset securities mentioned in the lawsuit include FIL, ATOM, SAND, COTI, and ALGO, among others.
In its filing, SEC…
Ethereum price jumped on Friday, hovering slightly below the important level of $1,900 as the approval of the US debt ceiling bill increased bullish sentiment in markets. At the time of writing, Ethereum was trading 1.48% higher at $1,888.86, surpassing the 50-day exponential moving average at $1,845. The asset’s total market cap, as well as its total volume, has increased over the last day.
Fundamental Analysis
The crypto market was in the green on Friday as investors digested the latest news on the US debt ceiling bill. The global crypto market cap increased by nearly 1% over the past 24 hours to $1.14 trillion. Even so, the total crypto market volume, as well as Bitcoin’s dominance, inched lower over the same period.
Ethereum price jumped to an intraday high of $1,900 on Friday before pulling back slightly amid increased bullish sentiment and a weaker US dollar. The US Senate passed the bill to suspend the US debt ceiling deal to January 1, 2025, on Thursday, a few days before the US government ran out of cash. The US government will now be able to keep borrowing money to pay its bills.
The dollar index, which measures the greenback’s performance against six major currencies, has dropped by nearly 1% this week, its biggest weekly loss since mid-January. The passage of the US debt ceiling deal removed a pillar of support of the US dollar, which…
XRP price has been in a steady uptrend for five consecutive days despite macroeconomic factors weighing on markets. At the time of writing, XRP was trading slightly higher at $0.4853, with its market cap inching higher for the day. The coin’s volume has also moved higher in the past 24 hours, hinting at a bullish outlook.
Fundamental Analysis
XRP price has staged a significant recovery in the past few days, jumping more than 6% in the past week. The coin has managed to secure a place among the best-performing altcoins in the past week. Its market cap has tilted higher to $25 billion, ranking the asset 6th after USD Coin.
The cryptocurrency market was in the green on Monday, with the global crypto market cap jumping more than 1% over the day to $1.15 trillion. The total cryptocurrency market volume increased by nearly 62% over the same period. The recent rally in the crypto market has been on the back of the finalization of the US debt ceiling deal that has been gnawing on markets for the past few days.
The US dollar shied away from its six-month high on Monday after US President Biden and House Speaker Kevin McCarthy finalized a budget agreement, suspending the $31.4 trillion debt ceiling to 2025. This will allow the US government to continue borrowing money and pay its bills on time. Even so, Congress must pass the deal before June…
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