The recent events in the Bitcoin and crypto market have not been as bullish as expected at the beginning of July. With the Spot Ethereum ETFs failing to debut on July 2nd and reports of large tranches of BTC being sold by the US and German governments, the market has faced significant challenges. These events
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Bitcoin’s recent price action has caused fear in the crypto market, with concerns that the bull market may be coming to an end. The daily timeframe shows a pattern of lower highs and lows since the price dropped below $70K, signaling a clear bearish trend. The market recently broke below the key $60K level and
Messari, a prominent US-based crypto market intelligence platform, has taken a bold and decisive step by declaring independence from the Securities and Exchange Commission (SEC). This move comes in response to the perceived stringent approach of the regulatory body towards the emerging industry. In a statement on July 7, Ryan Selkis, CEO of Messari, made
We’re giving away $1000 in crypto this month to celebrate the relaunch of our Discord community channel! With different prizes offered every week for our most active community members, you’ll have more chances than ever to win. Join us for weekly educational quizzes and meme contests with BCH prizes, and keep an eye out for our
In a recent turn of events, the cryptocurrency market experienced a significant rebound, with Bitcoin surging to almost $58,000 and Ethereum climbing above the $3,000 mark. This surge in prices brought relief to many investors who had witnessed losses towards the end of the previous week. The meme coin sector also saw a positive trend,
The highly anticipated Moku NFT sale is set to go live on the Mavis Launchpad on July 9th at 1 PM UTC. This event marks the debut of Moku’s first collection, featuring Moki Eggs that will reveal unique Moki NFTs. The rarity of the egg will determine the likelihood of obtaining a rare Moki, making
In a landscape where multiple blockchain networks have emerged offering lower fees and faster transaction times, Ethereum continues to dominate the space. Despite the competition, users seem willing to pay higher fees on the Ethereum network. Data compiled by Lookonchain reveals that Ethereum has surpassed Bitcoin in terms of 1-year fee revenue. Ethereum leads the
Real-world Assets (RWA) have gained significant traction in recent months as they offer a tangible backing to digital currencies. These assets can represent physical objects or properties and are governed by smart contracts on the blockchain. Earlier this year, the market capitalization of the RWA niche surged to nearly $9 billion. However, a recent correction
Bitcoin’s price has shown stagnation since its peak in March, with analysts attributing this trend to the tight U.S. monetary policy. The tightening of the policy, which began in March 2022, has led to a reduction in stablecoin supply. This decline in supply has had a direct impact on Bitcoin’s ability to rally further in
In recent days, Bitcoin experienced a significant correction, dropping below the $54,000 mark. This sharp decline caught the attention of many investors as the cryptocurrency had not seen such low prices since February. Some individuals may interpret this as a potential signal that the bull market for Bitcoin is coming to an end. While some
Opeyemi is a writer who has found his passion in the world of cryptocurrency. Despite not originally intending to work in the digital asset industry, he has become deeply immersed in it over the past two years. He takes pride in creating content that demystifies blockchain technology and discusses the latest trends in the cryptocurrency
The cryptocurrency industry is a rapidly evolving one, with new developments occurring on a daily basis. However, alongside these advances, there is a growing threat from hackers and malicious actors who take advantage of inexperienced users to steal their digital assets. This risk is particularly pronounced in the meme coin sector, where coins like Shiba
Semilore Faleti is a cryptocurrency writer with a specialization in journalism and content creation. His journey into the world of blockchain and digital assets began with a curiosity for understanding the complexities and intricacies of this emerging technology. What sets Semilore apart is his ability to dissect the nuances of cryptocurrency, making it accessible and
Bitcoin, the leading cryptocurrency in the market, has recently experienced a sudden drop in price, falling below the $54,000 mark on July 5. This event has reignited concerns among investors regarding the inherent volatility associated with the crypto market. In the larger context, Bitcoin has seen a decline of 7% and 20.25% in the past
Cardano (ADA) has seen a significant 3.4% increase in its price over the past 24 hours, signaling a potential bullish reversal. This surge comes amidst a broader market recovery, with Bitcoin and Ethereum also experiencing slight gains of 2.5% and 2.2%, respectively. Accumulation by whales, investors holding large amounts of ADA, has played a key
The deputy director of the Central Bank of Nigeria (CBN), Olubukola Akinwumi, made serious allegations against Binance, a popular cryptocurrency exchange platform. Akinwumi accused Binance of conducting transactions that are typically reserved for authorized banks and financial institutions. This accusation was a part of his testimony in an ongoing lawsuit brought by the Economic and
The recent news regarding the restitution of Mt. Gox users has created a sense of uncertainty in the market. Bitcoin prices have been on a decline since the beginning of June, failing to gain any meaningful upward momentum despite ETF inflows. With the price falling under $60,000 on July 3rd, followed by another drop the
In the past few days, the crypto markets have experienced a significant drop of 15%, resulting in over $350 million leaving the space. This decline has led to the breaking of monthly support levels, causing crypto assets to plummet to their lowest levels since late February. The return of bearish sentiment has raised concerns among
Market UpdateLast week, the cryptocurrency market experienced notable volatility with significant fluctuations in Bitcoin and Ethereum prices. Bitcoin started strong, testing upper resistance at $62,769 but faced hurdles as it approached $64K, eventually dipping below $60K to close a CME gap. Despite a brief surge, Bitcoin fell to $56,952 influenced by the Mt. Gox distribution
Cryptocurrency journalism has seen a rise in the past few years with individuals like Semilore Faleti leading the way. As a specialized writer in the field, Semilore has shown a deep understanding of the complexities and intricacies of blockchains and digital assets. His dedication to educating and informing his audience sets him apart in the
Meme coins have been the stars of the cryptocurrency world during the recent bull run. Tokens like Shiba Inu (SHIB) and Dogecoin (DOGE) have seen significant gains, riding the wave of the market’s upward momentum. However, with the current market correction, the progress of these meme coins has slowed down. One potential catalyst that could
The recent downturn in the cryptocurrency market has sparked concern among investors, especially for Ethereum, which has seen a notable drop in value. Notably, economist Peter Schiff has made a bold prediction, suggesting that Ethereum could plummet to as low as $1,500. This forecast comes at a time when Ethereum is struggling to maintain its
PancakeSwap, a popular multi-chain DEX, recently revealed a significant community reward program set to take place from July 5 to August 5. This program will see the distribution of more than 2.45 million zkSync (ZK) tokens to community members who have shown support for the zkSync PancakeSwap deployment since July 2023. The goal of this
Taiwan Mobile, the second-largest telecom operator in Taiwan, recently made headlines by applying for a license to operate as a Virtual Asset Service Provider (VASP). This move was in line with the Financial Supervisory Commission’s efforts to regulate virtual currency platforms and prevent money laundering. The company’s General Manager, Lin Zhichen, has been named as
Former Solicitor General Donald B. Verrilli, who previously served under the Obama administration, has recently accused US regulators of intentionally stifling the growth of the crypto industry through debanking practices. This accusation comes as a joint amicus brief was filed on July 3 alongside Paul Clement, the former Solicitor General under President George W. Bush.
RETROBLOCK is a groundbreaking GameFi platform that is set to change the way we experience retro gaming. With a focus on competition, interaction, and rewarding gameplay, RETROBLOCK aims to provide players with a unique and immersive gaming experience like never before. One of the most exciting features of RETROBLOCK is the upcoming launch of the
Double Jump.Tokyo, a prominent blockchain application developer based in Japan, has recently unveiled an exciting collaboration with Ubisoft that is set to revolutionize the gaming industry. The partnership will not only provide web3 integration support but also establish Double Jump.Tokyo as a key marketing partner for Ubisoft’s web3 game, Champions Tactics, in the Asian market.