Filecoin’s Price Dips 55% in Q2, but TVL Hits All-Time High


Filecoin (FIL) did not have the best quarter in terms of network performance, with the exception of growth in a few sectors. The broader market’s bearishness and the theory of “sell in May and go away” seem to have caused the decline in growth. Filecoin Succumbs to Skepticism A report released...

Bank of Russia Expects Wide Adoption of Digital Ruble Within 5 to 7 Years


Elvira Nabiullina, the governor of the Bank of Russia, declared that she expects the digital ruble, the Russian CBDC, to achieve a high level of acceptance due to the benefits it offers to Russian citizens. During a speech at the Federation Council, Nabiullina stated that it would be widely adopted...

SHIB Price Dips to New Lows; Can the $0.000015 Support Hold?


With the sell-the-news cycle following the Ethereum ETF debut on July 22, bearish traders have quickly moved to invade Shiba Inu’s short-term momentum. This elevated volatility surrounding the ETF’s arrival caused crypto financiers to become more skeptical about Ethereum-based assets...

Montenegro Court Extradites Do Kwon to South Korea, not US


Reports show that the Montenegrin appeals court has upheld a ruling by a lower court to hand over Do Kwon to South Korea. The South Korean mogul, often known as “the cryptocurrency king,” will serve time in his native country, not the United States.  Do Kwon extradited to his native South Korea...

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