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Bitcoin Price Outlook for July
15.7.2023
Two weeks into July and bitcoin has risen to a fourteen-month high, as cryptocurrency markets reacted to the Ripple Labs’ ruling. XRP was partially ruled to not be a security by U.S. judge Analisa Torres, after a lawsuit from the Security and Exchange Commission (SEC). However, what does...
Biggest Movers: SHIB up 7% on Saturday, as DOGE Moves to 2-Month Peak
15.7.2023
Shiba inu was one of Saturday’s biggest movers, as the meme coin rose by as much as 7% to start the weekend. The global crypto market cap was mostly lower, falling by over 2% as traders began to secure recent gains. Despite this, dogecoin also rose, hitting a two-month high in today’s session....
Liquid Staking Derivatives in Ethereum Swell by 1.5 Million ETH in 2 Months
15.7.2023
Over the course of the previous 63 days, there’s been a notable 16.98% surge in the quantity of ethereum (ETH) held in liquid staking derivatives protocols, with a substantial addition of roughly 1,507,285 ETH across 23 different platforms. Data reveals that Lido Finance dominates...
Bitcoin, Ethereum Technical Analysis: Bitcoin Retreats From 14-Month High, as Profit Takers Swoop In
15.7.2023
Bitcoin plunged from a recent fourteen-month high to start the weekend, as traders appeared to have begun securing yesterday’s gains. The decline saw the price fall below $30,000, days after almost moving above $32,000. Ethereum also slipped, however remained above $1,900. Bitcoin Bitcoin...
Pantera Founder Dan Morehead Predicts Upcoming Bull Market: ‘We Can Rally Now’
15.7.2023
Dan Morehead, founder and managing partner of Pantera Capital, a digital assets investment hedge fund, has predicted an upcoming bull market for cryptocurrency. In Pantera’s latest letter, Morehead states that blockchain-related assets have started to decouple from market indexes and that...
Report: Zimbabwean Economist Says Portion of Goverment Employees’ Salaries Must Be Paid in Gold Coins
15.7.2023
A Zimbabwean economist has said authorities should consider paying a portion of government employees’ salaries with gold coins. The economist said partially paying government workers with gold coins can “help curtail the black market dominance” in the country’s currency...
Celsius Founder Alex Mashinsky’s Bail Set at $40 Million, Travel Restricted Amid Fraud Charges
14.7.2023
Just before the now-defunct crypto lender Celsius was charged by three U.S. federal regulators — the Commodity Futures Trading Commission (CFTC), Securities and Exchange Commission (SEC), and Federal Trade Commission (FTC) — its former CEO, Alexander Mashinsky, was arrested on fraud charges...
As the market recovers DigiToads & Pepe attract investors eyeing crypto fortunes
14.7.2023
Market sentiment grows bolder by the day. Institutional money managers are openly long on Bitcoin (BTC), and the rapid advancements in scalability powered by roll-up solutions mean crypto now has the financial backing and technological infrastructure to be globally adopted. Crypto native DeFi...
NBA Top Shot Developer Dapper Labs Continues Layoff Trend with New Round of Job Cuts
14.7.2023
Dapper Labs, the non-fungible token (NFT) collectibles company behind NBA Top Shot, recently bid farewell to an additional 51 employees, following a previous staff reduction of 20% in February earlier this year.
In an announcement by Roham Gharegozlou on July 13, the company's CEO revealed that...
Bitcoin Halving: Analyzing the Effects on Price and Market Sentiment
14.7.2023
Bitcoin’s next “halving,” an event that reduces the asset’s inflation rate roughly once every four years, is now only 9 months away.
At Block 840,000 (which is expected to occur on April 26 2024), the number of Bitcoin (BTC) produced every ten minutes will fall from 6.25 BTC to 3.125 BTC....
XRP’s Rise Causes Ripple of Gains in Crypto Economy
14.7.2023
Since July 12, 2023, the cryptocurrency market has expanded by a staggering $60 billion within a mere 48 hours. The majority of this growth transpired after the decisive Ripple Labs case verdict, resulting in bitcoin’s dominance dipping from 50% to its present level of 48.6%. Ripple Labs...
Biggest Movers: XRP 70% Higher, as Markets React to Court Ruling
14.7.2023
XRP soared by as much as 70% higher on Friday, as markets continued to react to a court ruling that the token is not a security. On Thursday, U.S. judge Analisa Torres ruled that XRP is not “necessarily a security on its face.” Solana also surged on the news, climbing by nearly 30%....
Bitcoin spending copies history as metric flags '1st stage bull market'
14.7.2023
Bitcoin on-chain spending is heating up — and so far, is "rhyming" with past BTC price cycles
Bitcoin, Ethereum Technical Analysis: Bitcoin Hits 14-Month High, Following Ripple Ruling
14.7.2023
Bitcoin rose towards the $32,000 mark late on Thursday, as markets reacted to the news that a U.S. judge ruled that XRP was “not necessarily a security on its face.” The ruling was well received by the crypto world, and raised optimism that other crypto companies who are currently...
XRP Overtakes BNB To Fourth Largest Crypto Spot, BTC Trades Above $31k As Bulls Dominate The Market
14.7.2023
Digital asset payment network, Ripple (XRP) has surged over 60% in the past 24 hours following its partial victory against the Securities and Exchange Commission (SEC), putting an end to the three-year-long suit.
Since the ruling, the cryptocurrency market has recorded a $73.5 billion increase...
Bitcoin Lags Behind Global Market Rally, Raising Caution Among Investors
14.7.2023
The leading cryptocurrency Bitcoin failed to rally with global markets this week triggered by cooling US inflation. The recent decoupling of Bitcoin from the global markets has left investors worried about the token’s outlook.
While S&P 500 and Nasdaq closed at their highest since April 2022...
Bitcoin ETFs: When Will the SEC Say ‘I Do?’
14.7.2023
While bitcoin enthusiasts anxiously await the Securities and Exchange Commission’s (SEC) decision on Blackrock’s spot bitcoin ETF proposal, it’s worth delving into the bigger picture. The following opinion editorial was written by Joseph Collement, General Counsel...
Bitcoin's Crypto Market Dominance Slides by Most in 13 Months as XRP Court Ruling Spurs 'Alt Season' Talk
14.7.2023
Bitcoin's share of the crypto market tanked on Thursday while altcoins rallied after a U.S. court threw a spanner in the SEC's plans to regulate digital assets
TheFunPass™ redefines North America’s Night Market Experience
14.7.2023
TheFunPass™, an innovative Web3 rewards app created by the littles, a well-known Web3 project, is expected to revolutionize the event industry by redefining loyalty rewards and enhancing user engagement. Powered by NEAR blockchain technology, this innovative application bridges the gap between...
Google to Allow NFTs in Apps and Games on Play Store
14.7.2023
Google will let developers expand offerings of blockchain-related content including through support for non-fungible tokens (NFTs) in apps on its store for Android devices. The change will allow users to earn and transact with digital collectibles, potentially reviving interest in the NFT market....