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Overledger bypasses the need for cryptocurrency
11.7.2023
Overledger has made it possible for businesses involved in creating blockchain solutions to not have to go in for the usage of cryptocurrency for making payments related to gas fees and transaction fees. This has turned out to be an immense amount of relief for users as, in the past, it...
SEC is ‘wrongfully attempting’ to police crypto markets: Paradigm counsel
11.7.2023
Rodrigo Seira has blasted the SEC for overstepping its jurisdiction in its case against crypto exchange Bittrex
Matrixport’s Year-End 2024 Prediction: Bitcoin to Reach $125,000 as Strong Performance Fuels Bullish Sentiment
10.7.2023
While bitcoin has shown strong performance in the first half of 2023, Markus Thielen, the head of research at crypto firm Matrixport, released a prediction on July 5, 2023, stating that bitcoin (BTC) will reach $125,000 by the end of 2024. Thielen’s forecast is based on a signal indicating...
Biggest Movers: BNB Rebounds on Monday as SOL Slips Following Recent Gains
10.7.2023
Binance coin was one of Monday’s biggest gainers, as the token rebounded following a move close to a key support point on Sunday. The move pushed the price near a one-week high, and came as the global crypto market cap fell 0.07% lower as of writing. Solana also dropped, following a recent...
48% fewer new crypto coders last year - developer report
10.7.2023
Newcomers account for the highest percentage of developers that have left the industry over the past 12 months
Revolutionizing cryptocurrency mining through cloud mining
10.7.2023
Crypto mining has gone through a revolutionary transformation, particularly with the development of mining in the cloud. This new approach to mining provides a substitute for more hardware-intensive processes and is quickly becoming the primary way people mine cryptocurrencies. In this article,...
Bitcoin, Ethereum Technical Analysis: BTC Remains Near $30,000, as Traders Prepare for Key US Economic Data
10.7.2023
After a recent slip, bitcoin moved back above $30,000 on Monday, ahead of a key week of U.S. economic data, with the headline being the inflation report. Inflation is expected to drop to 3.1% in June, which would be a nearly two-year low. Ethereum also slipped on Monday, remaining below $1,900....
Reef shares its accomplishments in Q2
10.7.2023
Reef has published its accomplishments for the second quarter, informing the community that it is indeed in pursuit of achieving greater innovation in Web3. This majorly pertains to MENA with no restrictions whatsoever. Some of the accomplishments are the Bitcoin news feature, $10M Accelerator...
Cardano recognized as a commodity in Indonesia, great news for Tradecurve
10.7.2023
Cardano has recently been recognized as one of the fastest-growing ecosystems in the DeFi world. Its total value locked (TVL) has recently hit new highs, with projects like Minswap, Liquid, and WingRiders attracting thousands of new investors daily. In addition, Cardano’s new Lace Wallet...
Crypto Exchange Volumes Plummet: Spot Trading takes a hit
10.7.2023
The sudden and quick rise in the value of Bitcoin due to ETF investments has not been accompanied by a similar increase in trading volumes. The seven-day average for crypto exchange daily activities decreased from $19.4 billion on June 27 to $14.2 billion on July 8, according to data from The Block...
Verse DEX integrates with KyberSwap
10.7.2023
Kyber Network has made two major announcements. One deals with the integration of Verse DEX, and another deals with the list of $VERSE. No matter the point one picks first, it is definitely to bring mutual positives for both communities. Verse DEX has integrated with KyberSwap. This officially...
Iowa Resident Scammed of $6,600 in Bitcoin ATM Scheme, Police Launch Investigation
10.7.2023
On July 7, 2023, a Clive, Iowa resident fell victim to a scammer posing as a Polk County sheriff’s deputy, who coerced the individual into depositing $6,600 into a bitcoin automated teller machine (ATM). The Clive Police Department insists that the scammers utilized cryptocurrencies due...
Bitcoin Mining Difficulty Set to Surge: Record-Breaking Increase Looms, Erasing Recent Reduction
10.7.2023
According to data recorded on July 9, 2023, Bitcoin’s next difficulty adjustment is estimated to rise between 4.74% and 7.7%, erasing the 3.26% reduction that occurred on June 28. Moreover, the total network hashrate achieved a 24-hour all-time high on July 8, reaching 538 exahash per second...
Report: Crypto Industry Boasts 10,000 Companies and 190,000 Professionals With a Collective Valuation of $180 Billion
9.7.2023
A recent report released by K33 Research three days ago reveals that as of July 2023, the cryptocurrency industry boasts approximately 10,000 companies, employing an estimated 190,000 crypto professionals. Notably, K33 provides a comprehensive snapshot of the crypto landscape, highlighting that...
SEC examines Coinbase’s legal defense, InQubeta & Fetch.ai spark retail investor interest
9.7.2023
This article explores the upcoming scrutiny faced by Coinbase as the Securities and Exchange Commission (SEC) prepares to assess the legality of its defense on July 13. Amidst this development, two notable entities, InQubeta (QUBE) and Fetch.ai (FET), have witnessed a significant surge in interest...
XRP grows strong in Q2 despite SEC lawsuit concerns, Messari report
9.7.2023
The XRPL saw a significant increase in the total new address count, which reached 138,790, representing a growth of 31.8% compared to the same period last year
Grayscale Adds Lido’s LDO Token to Defi Fund, Token Becomes Second-Heaviest in Fund’s Basket
9.7.2023
On July 7, 2023, the digital asset manager Grayscale Investments published an update on three of its funds — the Digital Large Cap Fund, the Defi Fund, and the Smart Contract Fund. Although no new tokens were added to two of the funds, Grayscale revealed that it added Lido DAO’s...
CZ Says News of Exec Departures at Binance Is FUD
9.7.2023
Founder of Binance, Changpeng Zhao (CZ), sought to downplay the significance of the exits of some executives at the crypto exchange, describing news about them as “more FUD” (fear, uncertainty, and doubt). The managers are leaving during an ongoing regulatory crackdown on the major coin trading...
WOO Network revival as TVL rises, DigiToads shapes DeFi with unique staking model
8.7.2023
WOO Network’s revival is apparent in terms of the rise in its total value locked (TVL), which has also increased its token price. Furthermore, its high TVL is a vote of confidence in the platform, which continues to exert its dominance within the crypto landscape. Amidst this, DigiToads...
NFT Sales Witness 23% Decline This Week, Ethereum Dominates With $130 Million in Sales
8.7.2023
During the first week of H2 2023, non-fungible token (NFT) sales witnessed a 23.39% decline compared to the previous week, marking a two-week downward trend. A total of $195.95 million worth of NFT sales occurred, with Ethereum-based NFTs accounting for $130.77 million. NFT Sales Take a Hit:...