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Bitcoin, Ethereum Technical Analysis: BTC Surges Above $30,000, as Moody’s Downgrades 10 US Banks
9.8.2023
Bitcoin moved above $30,000 late on Tuesday, as markets reacted to the news that rating agency Moody’s had downgraded several U.S. banks. The list includes State Street, Northern Trust, and Bank of New York Mellon. Ethereum was marginally higher. Bitcoin Bitcoin (BTC) briefly rose back above...
Microsoft and Aptos Labs Collaborate on New AI Blockchain Solutions
9.8.2023
Aptos, a reincarnation of Facebook's Diem blockchain, is integrating Microsoft's AI infrastructure to support users and developers
Elevating customer experience to new heights at the World CX Summit
9.8.2023
The much anticipated 9th edition of the World CX Summit draws close at the Marina Bay Sands Expo and Convention Centre, Singapore. Held on 2nd-3rd August, the event successfully brought together tech trendsetters, innovators, and CX professionals as they discussed the trends and innovations that...
Litecoin is Going to Zero as LTC Price Drops 10% in a Week While This New XRP Project Just Raised $1.3 Million – 100x Potential?
9.8.2023
Litecoin has endured a month of bleak downside price action that has left LTC trading low, but could a consolidation zone poise price to explode? Find out in this Litecoin price analysis.
The collision course with lower trendline support was triggered by rejection from a local high at $115 on July...
Here's How PayPal Plans to Monetize Its New PYUSD Stablecoin
9.8.2023
Payments giant PayPal plans to generate revenue from its upcoming stablecoin in a number of ways, including from its use in payment transactions.
The PYUSD stablecoin would also bring the company revenue in the form of interest income from assets backing it, Jose Fernandez da Ponte, senior vice...
Nvidia drops new AI chip expected to cut development costs
9.8.2023
Nvidia, the current market leader for semiconductor chips, revealed its latest chip designed to run large-scale AI systems and is expected to cut costs of LLMs
19% of New Yorkers own cryptocurrency: Coinbase report
9.8.2023
Coinbase highlighted that there are 692 blockchain organizations and more than 800 founders in the state of New York
Analyst Discusses US-BRICS Power Shift — Warns of Dollar Dominance Ending
9.8.2023
A think tank analyst says the U.S. dollar’s dominance may be coming to an end as countries position themselves for a new international system. “As the reliance on U.S. dollars diminishes, central banks will begin dumping their dollar reserves. This will result in hyperinflation, a spike...
Fed Starts New Program to Oversee Crypto Activity in U.S. Banks
8.8.2023
The U.S. Federal Reserve is starting a new program for overseeing banks’ crypto activity, and it further clarified its requirement that the lenders under its authority get approval before engaging in digital assets activities
Is Bitrock Price Going To Zero? Down 80%, New ERC-20 Token Launches This Week
8.8.2023
After a stratospheric run-in mid-July that saw the Bitrock (BITROCK) nearly 8000x from its decentralized exchange (DEX) launch price of $0.000037 to reach highs of around $0.30 per token, the token has come under massive sell pressure.
BITROCK was last trading slightly below $0.06, more than...
A Comprehensive Look at the New Paypal Stablecoin, Its Control Dynamics, and ‘Freeze’ Option Trending on Social Media
8.8.2023
At the time of writing, the official Paypal stablecoin PYUSD smart contract has been unveiled, and as it stands, the maximum aggregate supply amounts to 26,905,005.66 PYUSD. In spite of the existence of more than 26 million Paypal stablecoins, the contract continues to retain a substantial 92.91%...
PayPal’s New Stablecoin and the ‘2 Wolves’ Inside Crypto
8.8.2023
Overwatch 2 Is Getting A New Healer With A High Skill Ceiling
8.8.2023
On Tuesday, Blizzard released a new trailer for season 6 of Overwatch 2. Titled Invasion, the season will see players fighting against a legion of Null Sector omnics with the help of a new support hero named Illari, who unleashes the power of the sun in her giant rail gun.Read more
Completely New Pokémon Are Coming To Scarlet And Violet
8.8.2023
During today’s Pokémon Presents, Game Freak showed gave us a new look at the upcoming Scarlet and Violet expansions The Teal Mask and The Indigo Disk. Here we learned that there are several new Pokémon coming alongside the DLCs, including new Paradox legendary Pokémon.Read more
Circle Makes Crypto Payments Easier With New Programmable Web3 Wallet for Businesses
8.8.2023
Circle’s Programmable Wallets platform is available now for developers on Ethereum, Avalanche and Polygon, with plans to expand to other blockchain later this year
Glassnode Data Reveals Bitcoin HODLers Reach New Record: Long-Term Holders Now Control More BTC Than Ever
8.8.2023
The staunchest Bitcoiners, known in industry terms as long-term holders, now control more Bitcoin (BTC) than ever before, new data from blockchain analytics firm Glassnode has revealed.
According to the data, the so-called long-term holder supply now stands at 14.599 million BTC, representing...
US Representative Patrick McHenry: Stablecoins ‘Hold Promise as a Pillar of Our 21st-Century Payments System’
8.8.2023
Representative Patrick McHenry, chairman of the House Financial Services Committee, weighed in positively on the launch of PYUSD, a dollar-pegged stablecoin issued by Paypal, a U.S.-based payments company. McHenry stated that if properly regulated, stablecoins “hold promise as a pillar of...
Crypto Exchange Bitstamp to Expand Operations with New Fundraising Plan
8.8.2023
Bitstamp, an early crypto exchange founded in 2011, is reportedly planning fresh fundraising “through strategic investors” to gear up the exchange’s growth and operations.
Speaking to Bloomberg, Jean-Baptiste Graftieaux, CEO of Bitstamp said that the exchange is “not for sale.” He said that...
Ripple is Going to Zero as XRP Price Plummets 12% While This New XRP Coin Raises $1.1 Million – 1,000x Potential Soon?
8.8.2023
While the landmark ruling in the Ripple vs SEC case have sent waves through the crypto market, XRP price action has faced a disappointing bleed-out.
High expectations of XRP breaking $1 seem to be crushed, as XRP's downside slide enters its 21st day.
The downward momentum has left XRP trading...
PayPal introduces PYUSD, new stablecoin
8.8.2023
PayPal has introduced its stablecoin to the community. It goes by the symbol PYUSD. PayPal’s stablecoin is backed by the US Dollar with a value equivalent to the fiat currency. Meaning 1 US Dollar translates to 1 PYUSD. The stablecoin will roll out in the days to come; however, the community...