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Hive Blockchain Shifts Focus to AI, Rebrands as Hive Digital Technologies
13.7.2023
Prominent crypto mining firm Hive Blockchain has rebranded itself to Hive Digital Technologies as the company shifts focuse toward artificial intelligence.
In a Wednesday statement, the Vancouver, Canada-based mining company said that the removal of "blockchain" from its name was a deliberate...
Russian Central Bank Readies ‘Real-world’ CBDC Pilot – Digital Ruble Launch Imminent?
13.7.2023
The Russian Central Bank could begin “real-world” tests on the digital ruble next month after parliament approved a key piece of CBDC legislation.
Per Interfax, the State Duma voted in favor of adopting the bill at a third reading this week.
This means the main clauses of the bill are set to pass...
AI Coins Pump as Elon Musk Launches ChatGPT Competitor – Where Next for RNDR, FET and AGIX?
12.7.2023
Cryptocurrencies that boast a strong artificial intelligence (AI)-linked use case, such as Render Network (RNDR), SingularityNET (AGIX) and Fetch.ai (FET) have seen a pump on Wednesday amid positive AI news.
Twitter, Tesla and SpaceX CEO Elon Musk announced on Wednesday that he had launched a...
FTT Price Pumps, Dumps as FTX Claims Portal Opens, Then Becomes Unavailable
12.7.2023
FTT saw a massive 26% pump from the $1.40s to the $1.80 area on Tuesday in a matter of minutes, before pulling back under $1.60 on Wednesday.
FTT is the utility token of the now defunct cryptocurrency exchange FTX that is currently going through a lengthy, arduous bankruptcy process in wake of...
Crypto Investment Firm Paradigm Challenges SEC's Jurisdiction in Bittrex Lawsuit
12.7.2023
Prominent crypto investment firm Paradigm has challenged the US Securities and Exchange Commission's authority to regulate secondary markets for crypto assets.
The company has filed an amicus brief in the SEC's case against cryptocurrency exchange Bittrex, challenging the regulator's attempt...
Best Crypto to Buy Now 12 July – Conflux, SingularityNET, Fetch.ai
12.7.2023
Despite softer-than-expected US headline and core inflation numbers for June, which weighed heavily on the US dollar and US yields whilst also pushing up US equity markets as Fed tightening bets ease, crypto markets have failed to rally.
Bitcoin (BTC) was last near $30,500 and ether (ETH) was last...
Here's How This PEPE Price Trade Made a Crypto Millionaire
12.7.2023
Pepe Coin, the Pepe the Frog-themed meme coin that exploded back in April, made near instant millionaires.
What was so amazing it that many millionaires were created despite only putting very small initial investments into the $PEPE token.
For example, a Twitter user going by the name of lyx.eth...
Mr Hankey Meme Coin Goes Viral as South Park-Related Tokens Take Off – Here's How to Buy Early
12.7.2023
A brand-new meme coin themed on South Park’s Mr Hankey, a sentient, jolly piece of feces and the cartoon’s former Christmas deity, has been going viral in the last few days.
Mr Hankey Coin, which is proudly marketing itself as the crypto industry’s best shitcoin, is launching a stealth presale...
EU Regulators Issue Stablecoin Guidance, Calls For Compliance Ahead Of MiCA
12.7.2023
Financial regulators within the European Union (EU) have urged stablecoin issuers alongside other industry participants to adopt the guidelines set out in Markets In Crypto Assets Regulation (MiCA).
MiCA is the first comprehensive digital asset regulatory framework that covers exchanges, assets...
Today in Crypto: Celsius Sues StakeHound Over $150M in Assets, US Finance Committee Asks Crypto Industry for Opinions, Russia's Duma Passes Digital Ruble Bill, Stablecoins are 'Existential Threat to Policy Sovereignty'
12.7.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Celsius Sues StakeHound Over $150M in Assets, US Finance Committee Asks Crypto Industry for Opinions...
Is It Too Late to Buy Solana? SOL Price Pumps Up 18%, and AI Crypto Signals Platform yPredict Approaches $2.9 Million
12.7.2023
Solana's native token, $SOL, is signaling positive market sentiment and has increased above the $18 price level.
Based on data from CoinMarketCap, the digital asset has experienced a remarkable 18% increase over the past few days as it hovers at a $22 price mark.
This surge has generated...
EU ‘Understands the Benefits of Having One Crypto Market’, Says Blocktrade CEO Christian Niedermüller
12.7.2023
The EU's comprehensive work on regulating the industry will provide numerous benefits to crypto companies and their customers, argued Christian Niedermüller, CEO of the fully regulated crypto platform Blocktrade, in an interview with Cryptonews.
However, it will also create certain difficulties...
FTX Executive Investigated for Potential Campaign Finance Violations in Congressional Bid
12.7.2023
Former FTX executive Ryan Salame and his girlfriend Michelle Bond, a former congressional candidate, are under investigation for potential violations of campaign-finance law.
Federal prosecutors in Manhattan are probing whether the couple unlawfully evaded federal limits on campaign contributions...
Russian Parliament Passes Vital “Digital Ruble” Legislation With Plans To Start Tests In August
12.7.2023
As momentum builds around the ‘digital ruble’, the proposed Central Bank Digital Currency (CBDC) of the Russian Federation, the country’s parliament has inched closer to the landmark legislation.
On July 11, the lower parliamentary house, the State Duma passed the bill in its third reading taking...
While MASK Token Shoots Up 5,000% Crypto Experts are Stacking This New Meme Coin as the Next Crypto to Explode
12.7.2023
MASK has risen by 600% in the past 24 hours, with the new meme token's move to $0.0008357 also representing a hefty 5,000% rise since it listed on Uniswap.
While this rise puts most major cryptocurrencies to shame today, MASK looks like yet another junk meme token, with very little in the way...
Litecoin is Going to Zero as LTC Price Plummets 10% But All Attention is on Thug Life Token as 5 Day Countdown Begins
12.7.2023
The Litecoin price has dropped by 1% in the past 24 hours, with its dip to $96.73 coming as the cryptocurrency market as a whole gains by 1%.
LTC is now down by close to 10% in the past week but up by 25% in the last 30 days, as anticipation surrounding the upcoming Litecoin halving – due in early...
Shiba Inu Price Prediction as Pro-Ukraine Internet Celebrities Use Shiba Memes to Combat Russian Propaganda – What's Going On?
12.7.2023
The price of Shiba Inu (SHIB) has barely moved in the past 24 hours, with its current level of $0.00000753 representing a 1% loss in the past week.
SHIB is up by 14% in the last 30 days though, with its latest movement coming as a number of pro-Ukraine celebrities have been using Shiba Inu memes...
UK Regulator Targets Unlawful Crypto ATMs in Joint Operation
12.7.2023
The UK's financial watchdog and four other law enforcement agencies recently inspected another 18 crypto ATM sites, "disrupting" 26 machines across the nation.
The Financial Conduct Authority (FCA) stated on Tuesday that the sites "suspected" of operating crypto ATMs were inspected in May and June...
Cathie Wood's ARK Invest Cashes In on Coinbase, Sells 135K Shares as Price Hits $90
12.7.2023
Investment management firm ARK Invest has offloaded a portion of its Coinbase holdings as the crypto exchange's stock races to a near one-year high.
On Tuesday, Cathie Wood’s investment firm sold 135,152 Coinbase shares, worth around $12 million, from one of its major exchange-traded funds (ETF)...
Chinese Central Bank Unveils SIM Card-based Offline CBDC Wallet
12.7.2023
The Chinese central bank has unveiled an offline SIM card-based digital yuan “hard” wallet solution that lets users pay with the central bank digital currency (CBDC) with powered-down phones.
The innovation could eventually allow 2G phone-owning citizens to use their handsets to use the token when...