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Crypto pumps after Fed rate hike, Zuckerberg pins hopes on Metaverse making hundreds of billions and Tesla posts $64M BTC gain: Hodler’s Digest, July 24-30

30.7.2022

Israel Prohibits Cash Deals for Amounts Starting as Low as $1,700

30.7.2022
New legislation introducing tighter restrictions on payments with large sums of cash will enter into force in Israel on Monday. The goal, as stated by the country’s tax authority, is to improve the fight against organized crime, money laundering, and tax evasion. Critics doubt the law will...

Bitcoin, Ethereum Technical Analysis: BTC, ETH Consolidate to Start the Weekend

30.7.2022
Following strong gains on Friday, bitcoin was consolidating under a key resistance level to start the weekend. Bulls opted to secure gains as price uncertainty heightened in crypto markets, which as of writing are down 1% on the day. Ethereum was also marginally lower in the session. Bitcoin After...

Central African Republic Token Sale off to Slow Start — $1.26 Million Raised in Under 5 Days

30.7.2022
The Central African Republic’s token sale appeared to have gotten to a slow start after less than 13 million out of the 210 million Sango coins were sold since the commencement of the sale on July 25. The country has claimed its decision to adopt bitcoin has won praise from “other...

Bitfarms Adds 18 MW of Capacity to ‘The Bunker’ — Miner’s Daily Production Taps 16.8 BTC per Day

29.7.2022
On July 28, the bitcoin mining company Bitfarms announced the completion of the second phase of its facility expansion, by adding roughly 18 megawatts (MW) of capacity to the operation. The mining facility dubbed “The Bunker,” now has approximately 3.8 exahash per second (EH/s), after...

Ethereum chain split is possible after the Merge, survey finds — but will ETC price keep climbing?

29.7.2022
Ethereum Classic is a relatively smaller PoW chain compared to Ethereum in terms of usage and hash rate

Professional soccer club Crawley Town FC signs midfielder after NFT hodlers vote

29.7.2022
The June 15 vote took place for verified NFTs hodlers via a temporary Discord channel

IMF Predicts Latam to Grow 3% This Year, Despite Facing Economic Deceleration and Rising Inflation

29.7.2022
The International Monetary Fund is predicting that Latin America (Latam) will keep growing this year, reaching a growth rate of 3% even with all of the difficulties that the region is facing. The institution believes that the economic recovery that Latam is enjoying after the Covid-19 pandemic will...

Celsius Clients Beg Bankruptcy Court to Release Crypto, One Customer Needs Funds to ‘Put Food on the Table’

28.7.2022
After the crypto lender Celsius filed for bankruptcy protection on July 13, the company recently contacted customers and explained that an employee from one of the firm’s vendors accessed a list of Celsius client emails, and the email addresses were “transferred to a third...

Sky Mavis Denies Wrongdoing After YouTube Sleuth Links Unusual Transaction to Company’s CEO: Report

28.7.2022
About $3 million worth of AXS tokens were moved from Sky Mavis CEO Trung Nguyen’s wallet on Axie’s Ronin blockchain to crypto exchange Binance hours before the announcement of an exploit

‘Save Minecraft!’ Cry Players After Mojang Starts Moderating Private Servers

28.7.2022
Minecraft is on fire. At least that’s how it currently feels if you follow the fandom on social media or certain message boards. A portion of the community is up in arms following the news that developer Mojang won’t back down from a controversial move to open private servers up to moderation...

Bitcoin rallies after Fed interest rate hike, but bears can still win Friday’s $1.76B options expiry

28.7.2022
BTC bears aim for a $360 million profit in July 29’s $1.76 billion monthly options expiry, but the FOMC interest rate decision could play a decisive factor

After weeks of rumors, Thai crypto exchange Zipmex files for debt relief in Singapore

28.7.2022
It appears the firm's fortune took a turn to the worst via its exposure to troubled crypto lending service Babel Finance

Despite the White House Debate, Critics Insist US Officially in a Recession After 2 Consecutive Quarters of Negative GDP Growth

28.7.2022
The U.S. economy has declined for the second-straight quarter as the country’s gross domestic product (GDP) declined by 0.9% in Q2. The Bureau of Economic Analysis’s summary of the U.S. GDP follows the recent debate over the technical definition of a recession. America’s Q2...

Top NFT Collections Rise in Price After Latest US Fed Hike

28.7.2022
Floor prices of some of the most popular collections of non-fungible tokens (NFTs) rose over the past 24 hours, as the US Federal Reserve (Fed) on Wednesday announced yet another rate hike in line with what the market was expecting. According to the NFT data provider DappRadar, the floor prices...

First Mover Asia: Crypto Companies Struggle With Layoffs, but Some See Opportunity to Add Talent; BTC, ETH Soar After Fed Rate Hike

28.7.2022
The bear market has forced multiple organizations to cut their workforces, hurting morale and weakening the companies; BTC, ETH soar