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US Inflation Hits Two-Year Low, Boosting Stocks and Precious Metals
13.7.2023
On Wednesday, July 12, 2023, the U.S. Bureau of Labor Statistics released the Consumer Price Index report for June, showing a 3% increase in inflation, the lowest level since March 2021. The U.S. inflation rate has fallen for 12 consecutive months, with the index rising 0.2% on a monthly basis....
The inevitable crypto shakedown begins: Why is DigiToads super resilient?
12.7.2023
There has been a lot of talk about crypto shakedown over the past few months. The chatter about a possible shakeout has also made many crypto users tizzy and impacted the prospects of many tokens. However, there is one crypto project that has managed to soldier amidst the frenzy and even clocked...
US Government Transfers $300 Million Worth of Seized Silk Road Bitcoins
12.7.2023
On July 12, 2023, onchain data shows the U.S. government transferred 9,800 bitcoins (BTC), worth just over $300 million. These bitcoins originally came from James Zhong’s Silk Road hack. In March, the Department of Justice also moved a similar amount of bitcoins associated with Silk Road....
Whales enter the arena as $10B floods in crypto – Cardano, Polygon, & InQubeta hint at bullish momentum
12.7.2023
The cryptocurrency market has recently witnessed a massive influx of capital, with an astonishing $10 billion pouring into the space. This surge in investment activity has attracted the attention of crypto enthusiasts and investors worldwide. As the market continues to evolve, certain...
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...
Bitcoin, Ethereum Technical Analysis: Bitcoin Pushes Towards $31,000 as US Inflation Is Expected to Fall
12.7.2023
Bitcoin moved towards $31,000 on Wednesday, ahead of June’s inflation report from the United States. Consumer prices are expected to fall to 3.1%, down from May’s reading of 4.0%. Ethereum also edged higher, as the cryptocurrency closed in on the $1,900 mark. Bitcoin Bitcoin (BTC)...
Ultimate knockout: How UFC and crypto are revolutionizing sports and finance
12.7.2023
MMA and crypto are similar in many ways. MMA and the new asset class are still in their infant stages. UFC entered the popular culture only a decade ago while BTC was launched in 2008. Both have had comparable successes and visibility trajectories. In this article, we will explore how UFC fighters...
Theta Network, Tezos, Tradecurve – Most talked cryptos in 2023! According to ChatGPT
12.7.2023
The cryptocurrency market has witnessed tremendous growth and innovation, constantly emerging new projects. Today, we will look into the most talked-about cryptocurrencies in 2023, according to the insights provided by ChatGPT, an innovative AI chatbot. Let’s explore the unique qualities...
Aptos' APT Token Steady After $32M Token Unlock
12.7.2023
The dollar value of the unlock amounted to 38% of the cryptocurrency's average 30-day trading volume and had potential to push prices lower, per one analyst
European Banking Authority calls for early adoption of stablecoin standards
12.7.2023
EBA officials anticipate a surge in stablecoin issuance over the coming months and have urged businesses to use its guiding principles before the necessary restrictions are implemented
Bloktopia gets a changed logo and website
12.7.2023
Bloktopia came up with a changed website and logo. The new logo is now in the form of three hexagons and will be positioned live on social media platforms, unlike the previous four squares that it started off with at the time of the project’s launch in 2021. This information was released by the...
Axelar X Microsoft: Revolutionize Web3 integration
12.7.2023
Axelar, a leading platform revolutionizing cross-chain communication, is delighted to announce its strategic partnership with Microsoft. This collaboration aims to achieve better integration between Web3 and traditional internet systems, fostering seamless connectivity across multiple blockchain...
Dubai Regulator Deems Crypto Exchange Bitoasis’ License ‘Non-Operational’
12.7.2023
Cryptocurrency exchange Bitoasis’ license has been deemed “non-operational” by the Dubai digital assets regulator, the Virtual Assets Regulatory Authority. According to the regulator, VARA took the decisive step after Bitoasis failed to meet “mandated conditions within...
Binance CEO Changpeng Zhao Reveals His Secret for Building ‘Tight Teams’: External Pressure
12.7.2023
Changpeng Zhao, CEO of Binance, the largest cryptocurrency exchange in volume traded, has revealed his secret for building a comprehensive team of employees for any startup. According to Zhao, external pressure has contributed to the unity of the team behind the exchange, and it also makes...
OKX to enable ETH deposits & withdrawals via Starknet’s network
12.7.2023
OKX is the second-largest cryptocurrency exchange in terms of trade volume and a popular Web3 technology firm that recently issued updates on July 11, 2023. OKX has extended its hands to Starknet’s network, a leading decentralized Layer 2 network. The crypto exchange will allow its users...
US Senate Finance Committee asks digital asset community how to tax it in open letter
12.7.2023
Community members may want to read up on the intricacies of tax law before they respond, but they have two months to do so
BIS gives CBDCs a thumbs up, crypto the middle finger in reports to G20 ministers
11.7.2023
G20 finance ministers and central bank governors are meeting this month, and the Bank for International Settlements has findings to present
Litecoin, Bitcoin Cash, BSV hash rate rising, DigiToads attracts tremendous demand
11.7.2023
A rise in hash rate, which is the computational power dedicated to mining and validating transactions on the network, is a positive indicator as it represents the increasing security and health of blockchains. Litecoin, Bitcoin Cash, and Bitcoin SV have been experiencing a rise in their hash rates...
FTX claims portal becomes unavailable shortly after going live
11.7.2023
Users affected by the bankruptcy of FTX or certain subsidiaries have the option of filing a proof of claim through Kroll’s online customer form and via U.S. mail
BlackRock Bitcoin ETF could unlock $30 trillion worth of wealth, Bloomberg analyst says
11.7.2023
Following the Blackrock application, a Bitcoin spot ETF was never so close to being approved and it could be a game changer for the crypto industry, explains ETF analyst Eric Balchunas