Litecoin (LTC) Price Weakens Below $100 As Bears Extend Their Grip
Litecoin (LTC) has recently faced a significant decline in its price, with bears gaining momentum as it slumps below the crucial $100 mark. LTC, often referred to as the “silver to Bitcoin’s gold,” has been a favorite among…
ADA Price Consolidates Below $0.30 – What Could Trigger A Sharp Decline?
Cardano’s price is struggling below the $0.30 zone. ADA could start a sharp decline if it breaks the $0.2765 support zone in the near term. ADA price is moving lower below the $0.292 support against the US dollar. The price is trading below $0.290…
Iowa Resident Scammed of $6,600 in Bitcoin ATM Scheme, Police Launch Investigation
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…
Ethereum Price Prints Bearish Technical Pattern, Why It Could Revisit $1,800
Ethereum price extended its decline below $1,880 against the US Dollar. ETH is showing bearish signs and might decline further toward $1,800. Ethereum is currently attempting a recovery wave from the $1,825 zone. The price is trading below $1,880…
Bitcoin Price Could Nosedive If It Continues To Struggle Below $31K
Bitcoin price is moving lower below the $30,500 pivot level. BTC could decline heavily if there is a close below the $29,800 support zone in the near term. Bitcoin is moving lower below the $30,500 support zone. The price is trading below $30,500…
BRICS Gold-Backed Currency Will Benefit Iran, Weaken US Dollar, Iranian Official Says
An Iranian official has stated that Iran stands to benefit from a gold-backed common BRICS currency. The official further asserted that such a BRICS currency would erode the U.S. dollar’s dominance and result in increased wealth for Iranians…
Treasury Secretary Yellen: BRICS Currency Won’t Threaten US Dollar Dominance
U.S. Treasury Secretary Janet Yellen has stated that she does not see the U.S. dollar’s dominance being threatened by any development, including the proposed BRICS currency. Yellen stressed that all the data of which she is aware shows that the…
Bitcoin Mining Difficulty Set to Surge: Record-Breaking Increase Looms, Erasing Recent Reduction
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…
Report: Crypto Industry Boasts 10,000 Companies and 190,000 Professionals With a Collective Valuation of $180 Billion
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…
Eurozone Inflation to Remain Higher Than 2% Target in Next 2 Years, ECB’s Lagarde Admits
Inflation in the eurozone has started to decline but the area’s monetary authority expects it to remain above its target in the next two years. The European Central Bank has to do more to bring it down, its governor commented on the backdrop of…
World Gold Council’s Mid-Year Report: Gold Set for a Neutral Second Half Under Economic Uncertainty
On July 6, 2023, the World Gold Council (WGC) released its 2023 Mid-Year Outlook, revealing that a “strong first half for gold is likely to give way to a more neutral H2.” According to WGC researchers and market strategists, central…
Deflecting Blame — Bank of England Governor Bailey Accuses UK Retailers of Overcharging Customers
After the Covid-19 pandemic, many people believe the implementation of extensive stimulus measures and quantitative easing (QE) policies resulted in an overwhelming surge of inflation that has burdened millions across the globe. While certain…
Vitalik Calls Out ‘Centralized World’ Stifling Crypto Innovation, Tim Draper Adjusts BTC Price Prediction, and More — Week in Review
“The real competition is not other chains, it’s the rapidly expanding centralized world that is imposing itself on us as we speak.” So says Ethereum co-founder Vitalik Buterin addressing the current volatile regulatory realities in…
Ordinals, Inscriptions And BRC-20 Can’t Break Bitcoin
This is an opinion editorial by Roy Sheinfeld, the co-founder and CEO of Breez, a Lightning Network mobile app.The more wonderful something is, the more passion it will arouse. Bitcoin is among the greatest wonders of the late-modern world, so Greg…
Coinbase Shake-Up: Top Execs Sell Off COIN Shares – How Will It Affect The Stock Price?
Reputable cryptocurrency company Coinbase, headquartered in the United States, has recently experienced significant stock sales by its top executives. This development occurs against the backdrop of the company’s ongoing struggles, such as…
How to land a high-paying job as an AI prompt engineer
Discover the essential steps, skills and strategies needed to land a lucrative career in the rapidly growing field of AI customization and fine-tuning.
Tom Brady Lost $30 Million in FTX Stock After Exchange’s Collapse, Report
Former National Football League (NFL) quarterback Tom Brady has reportedly lost tens of millions of U.S. dollars in stock of the failed crypto exchange FTX. Brady is one of several celebrities sued by FTX customers for their endorsements of the…
XRPL grows in Q2 despite SEC lawsuit concerns: Report
The XRP Ledger saw a significant increase in the total new address count, which reached 138,790, representing a growth of 31.8% compared with the same period in 2022.
Grayscale Adds Lido’s LDO Token to Defi Fund, Token Becomes Second-Heaviest in Fund’s Basket
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…
Multichain attack triggers Twitter phishing scheme for FTM distribution
A phishing link was included in the tweet and shared with the affected users of the hack, leading them to believe it is associated with Fantom Foundation.
Solana (SOL) Tallies 10% Gains On Weekly Chart – Will It Cross $25?
Solana (SOL) has witnessed a remarkable recovery in the past week, showcasing a string of steady gains. Presently, SOL has increased by 10% and is actively traded at $21.80, reflecting a slight uptick in the crypto’s price. While it’s…
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