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Crypto Turmoil: Market Slump, Heavy Liquidations, and Unexpected Gainers
18.7.2023
In a volatile twist, the cryptocurrency market experienced a 0.82% decrease in value within the last day, descending to $1.2 trillion. This transpired as bitcoin (BTC) faced unstable conditions, dropping below the crucial $30K mark on Tuesday. Crypto Market in Flux Throughout this chaotic 24-hour...
Stock-to-Flow Analyst Plan B Predicts Bitcoin’s Price to Reach $40K-$50K at Halving
18.7.2023
In about nine months, expected near April 24, 2024, Bitcoin is set to experience its fourth block reward halving. Many supporters and market observers anticipate a price increase prior to the event. According to an anonymous market analyst known as Plan B, bitcoin’s price could ascend...
Polygon Labs Unveils ‘Hyperproductive’ Token POL, Poised to Replace MATIC and Boost Ecosystem Rewards
18.7.2023
Polygon Labs, the team behind the Polygon blockchain network, has introduced a third-generation token that could replace the native cryptocurrency, MATIC, with a “hyperproductive” digital currency named POL. If the POL concept gains approval, validators can earn rewards from staking...
Shiba Inu gears up for Shibarium mainnet release
18.7.2023
Shibarium, the layer-2 scaling solution, is nearing the mainnet launch. While the official word is not out yet, reports are claiming that the launch is tentatively scheduled for August 2023. Making this claim strong is the announcement wherein Shiba Inu has called the coming time Summer...
2023 privacy coins: Monero, Zcash, VC Spectra, & Dash
18.7.2023
As Bitcoin shifts focus away from privacy, Monero (XMR), Dash (DASH), and Zcash (ZEC) are gaining traction. The three are also gaining popularity amidst the global push for central bank digital currencies (CBDCs). However, top analysts favor VC Spectra (SPCT) as a potential market entrant that...
BingX integrates AstraBit to empower automated trading strategies
18.7.2023
BingX has announced plans to integrate AstraBit, an algorithmic trading tool. The goal is to empower the users to leverage the potential of the trading bot. It comes loaded with sufficient tools to help them make informed decisions. Making things interesting is the fact that AstraBit can enable...
Dash & Tradecurve anticipate huge growth potential
18.7.2023
As the cryptocurrency market evolves, investors and traders constantly seek opportunities with high growth potential. Dash (DASH) and Tradecurve (TCRV) are platforms with great potential. Tradecurve is preparing for its presale rally as the platform gears up for potential significant gains. Summary...
Study: Six Countries Account for Over 90% of Africa’s Crypto Interest in H1 2023
18.7.2023
Between Jan. 1 and July 4, the Nigerian share of Africa’s overall interest in cryptocurrency stood at 66.8%, a figure nearly eight times that of second-ranked South Africa’s share, according to the latest Coingecko report. South Africa, along with Morocco, Ghana, Egypt, and the Ivory...
Latam Insights — Argentina’s Reserves Bleed, Central Bank of Brazil Would Be Able to Manipulate Digital Real in CBDC Pilot
18.7.2023
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue, the Argentine central bank sheds yuan for dollars as its reserves bleed, the Central Bank of Brazil would be able to manipulate balances and block digital...
Binocs announces partnership with FibitPro for tax simplification
18.7.2023
Binocs recently announced entering a partnership with FitbitPro. The trusted crypto tax calculator shared the news on its official Twitter account. According to the tweet, the parties will collaborate to revolutionize the crypto journey. The partnership will see the parties simplifying users’...
Venezuelan Crypto Ecosystem Still in Shambles 4 Months After Sunacrip Intervention
18.7.2023
The Venezuelan cryptocurrency ecosystem remains on shaky ground four months after the intervention of national crypto watchdog Sunacrip, and the arrest of its head, Joselit Ramirez, due to alleged participation in a $20 billion corruption scandal involving the undeclared sale of crude oil...
Decentralized Finance Sector Consolidates as $44B TVL Fails to Break $50B Barrier
18.7.2023
As of July 17, 2023, the decentralized finance (defi) sector has been witnessing a great deal of consolidation with total value locked (TVL) figures standing at $44.19 billion. Throughout most of the year in 2023, except for a brief period of seven days in April, the TVL in defi has consistently...
Chair Gensler says SEC reaction to Ripple decision is mixed, still under consideration
17.7.2023
Gensler was asked about the Ripple decision twice shortly after the ruling, and his main message was that he would rather not talk about it
Cardano continues to make waves, but DigiToads presale ignites the market
17.7.2023
Cardano (ADA) price changes are stirring much interest in the market. The coin finally broke out from $0.2, removing some lost ground. For some time, the project has been engaged in a legal tussle. While the case is still on, it shows investors it can weather the storm regardless of external...
Binance cuts back on employee benefits, citing 'decline in profit': Report
17.7.2023
The crypto exchange reportedly stopped offering reimbursement to employees for certain expenses including use of mobile phones, fitness, and working from home
Another Hack On Arbitrum Seeks Rodeo Finance To Lose $885k, DigiToads Code Proven To Be Super Secure
17.7.2023
The world of decentralized finance has once again been shaken by a recent security breach on the Arbitrum network, resulting in Rodeo Finance (RDO) suffering a significant loss of $885,000. Amidst the incident, DigiToads (TOADS) is the latest crypto project that stands out for its exceptional...
Katie Haun weighs in on the legal battle between XRP and the SEC
17.7.2023
Katie Haun, currently a crypto investor, has highlighted her side of the legal battle between Ripple and the Securities & Exchange Commission. Saying that the legal battle is far from over, an appeal to the court’s decision is possible but unlikely. The reason is the SEC may not be interested...
Can This New Cryptocurrency Pump like the Bitcoin Price? BTC20 Crypto Presale is Live, Offers Stake to Earn
17.7.2023
Bitcoin (BTC) has posted an impressive summer season so far this year, following a stunning +25% pump in mid-June - which has has left price action high in consolidation above $30,000.
With the leading cryptocurrency now trading strong at $30,178 (a 24 hour change of -0.18%), many side-lined...
How Chainflip is shaking up native cryptocurrency exchange
17.7.2023
By enabling cross-chain swaps of cryptocurrency, Cointelegraph Innovation Circle member Simon Harman is shaking up DeFi
Binance.US shares an update about the legal battle with the SEC
17.7.2023
The American arm of Binance has shared an update with the community about the ongoing legal battle with the US Securities & Exchange Commission, the SEC. Per the update, the US Court has not granted rights to the Commission to freeze the assets of the platform. Also, their right to TRO has been...