If Bitcoiners Want Bitcoin To Make It Big, They Need DeFi – HackRead (8/4/2022)
In the last couple of years, decentralized finance and Bitcoin have exploded into mainstream awareness. From 2020 to 2021, the DeFi market grew by a staggering 210-times, while Bitcoin saw its value rise by more than 700%. Everyone was talking
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Master of Anons: How a Crypto Developer Faked a DeFi Ecosystem – CoinDesk (8/4/2022)
Something about Sunny Aggregator felt off-kilter to the cryptocurrency user known as Saint Eclectic.Sunny was the newest decentralized finance (DeFi) app to hit Solana during that blockchain’s scorching bull run last summer, when its native token jumped fivefold. Sunny was
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Dappradar Report Shows First Signs Defi Recovering From Terr… – MENAFN.COM (8/4/2022)
(MENAFN- News Direct) Kaunas, Lithuania | August 04, 2022 12:00 PM Eastern Daylight Time DappRadar , the global app store for decentralized applications, released its July Blockchain Industry Report today, revealing that DeFi is starting to recover from Terra collapse.While
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DeFi Degen Land (DDL): How Does the Chart Look Thursday? – InvestorsObserver (8/4/2022)
News Home Thursday, August 04, 2022 06:52 AM | InvestorsObserver Analysts DeFi Degen Land receives a weak short-term technical ranking of 26 from InvestorsObserver data analysis. The proprietary ranking system focuses on the recent trading patters over the past month
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Metis Integrates Chainlink Price Feeds for Precise Price Data – CryptoNewsZ (8/4/2022)
Metis Andromeda recently announced integrating Chainlink Price Feeds in its ecosystem. The industry-leading Oracle solution will help smart contract developers to access high-quality price data on the platform. The integration will also allow developers to secure the apps with decentralized
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Block Beats Q2 Estimates, Posts $1.79B in Bitcoin Transactions – CoinDesk (8/4/2022)
Nelson Wang is CoinDesk’s news editor for the East Coast. He holds BTC and ETH above CoinDesk’s disclosure threshold of $1,000.Fintech and digital payments giant Block, formerly Square, reported second-quarter results that beat analysts’ average estimates, but its bitcoin-related revenue
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Russian accused of money laundering and running $4B bitcoin exchange extradited to US – CNN (8/4/2022)
(CNN)A Russian national accused of running a multibillion-dollar cryptocurrency exchange that allegedly profited from various hacking and extortion schemes has been extradited from Greece and is on his way to the US, according to the suspect’s lawyer.Alexander Vinnik, who is
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Market Wrap: Bitcoin Falls on Lower Volume and Decreased Volatility – CoinDesk (8/4/2022)
Jimmy is a CoinDesk markets reporter. Bitcoin’s (BTC) price fell 4% on Thursday, and it is testing the trend line illustrated in Wednesday’s Market Wrap, as it dropped below $23,000 in early morning trading.Ether (ETH) declined 3% to below $1,600.
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Will Bitcoin and Ethereum Prices Sink or Swim? Watch These Two Factors in August for Clues – NextAdvisor (8/4/2022)
Illustration by NextAdvisor We want to help you make more informed decisions. Some links on this page — clearly marked — may take you to a partner website and may result in us earning a referral commission. For more information
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Bitcoin Trading Volume Remains Close To 1-Year Highs | Bitcoinist.com – Bitcoinist (8/4/2022)
Data shows the Bitcoin trading volume has remained near one-year highs recently as activity on Binance stays elevated following the fee removal. Bitcoin 7-Day Average Trading Volume Has Kept At High Values In Recent Weeks As per the latest weekly
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Mastercard CFO Says He Views Crypto as an Asset Class Rather Than a Form of Payment – Here’s Why (8/4/2022)
The chief financial officer of credit card giant Mastercard says that the company views cryptocurrencies more as an asset class rather than a form of payment. In a new interview with Bloomberg, Mastercard CFO Sachin Mehra says that the firm
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Macro Analyst Lyn Alden Says Bitcoin (BTC) on Track to Becoming a Medium of Exchange – Here’s Why (8/4/2022)
Macro strategist Lyn Alden believes that it’s only a matter of time before the volatility of Bitcoin (BTC) falls thereby enabling it to be a practical medium of exchange. Alden says in a What Bitcoin Did podcast that currently, however
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ApeCoin Deal With Fashion Giant Gucci Boosts Bored Ape Yacht Club Token APE (8/4/2022)
The price of the Bored Ape Yacht Club (BAYC)-affiliated crypto asset ApeCoin (APE) is going bananas as Gucci announces that it now accepts APE as payment for in-store purchases. Gucci is adding APE to its roster of supported digital coins
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Top Analyst Calls What’s Next for Bitcoin, Ethereum and the Rest of the Crypto Markets After a Mid-Week Slump (8/4/2022)
A widely followed crypto trader is charting out Bitcoin (BTC) and Ethereum (ETH) after BTC’s failed bid to reclaim $23,450. In the latest edition of his Cryptocademy newsletter, analyst Justin Bennett says BTC is teetering between support levels. “Bitcoin tried to reclaim
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Bitcoin (BTC) and Ethereum (ETH) To Be Policed by CFTC Under New US Senate Proposal: Report (8/4/2022)
The push to regulate cryptocurrencies such as Bitcoin (BTC) and Ethereum (ETH) forges ahead as a bipartisan bill has been submitted to the United States Senate. According to a new Wall Street Journal report, Michigan Democrat Debbie Stabenow who chairs
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Former Coinbase Product Manager Accused of Insider Trading Pleads Not Guilty to Charges in Federal Court (8/4/2022)
The former Coinbase product manager accused of insider trading is reportedly pleading not guilty to the charges filed against him. According to court records, prosecutors allege that Ishan Wahi disclosed Coinbase’s incoming token listings to his brother, Nikhil Wahi, and
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US Crypto Exchange Giant Coinbase Signs Huge Deal With Investment Firm BlackRock (8/4/2022)
Two titans from different corners of the investment world are partnering up to bring cryptocurrency trading to wealthy clients. In a new blog post, top US-based crypto exchange Coinbase announced an alliance with BlackRock, the traditional finance investment behemoth with $10
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Insta-rally! FLOW token jumps 50% amid Instagram adoption euphoria (8/4/2022)
FLOW latest price rally has turned it into an “overbought” asset, which could amount to an imminent correction. 1466 Total views 43 Total shares Flow (FLOW) logged its best daily performance on Aug.4 after becoming the latest blockchain to support
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BNB rallies 39% despite smart contract deposits dropping 28% — Should investors be worried? (8/4/2022)
Cryptocurrencies’ total market capitalization bounced from $860 billion on June 30 to the current $1.03 trillion, a 20.6% relief in five weeks. Ether (ETH) might have been the absolute leader among the largest smart contract chains, but BNB managed to gain
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Meta enables Instagram NFT integration in over 100 countries (8/4/2022)
Mark Zuckerberg’s company, which posted a sharp loss in its Metaverse division in Q2, unveiled its digital asset expansion strategy on May 10, 2022. 801 Total views 33 Total shares According to a Meta newsroom post updated on Thursday, the
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Worthless JPEGs: Redditor turns NFT criticism into NFTs (8/4/2022)
One Reddit user collected quotes from NFT haters on the internet and famous skeptics like Warren Buffet, Peter Schiff and Dan Olson. 333 Total views 69 Total shares A Redditor made it his mission to turn the tides on nonfungible
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Here’s Evidence the Bottom Is In for Bitcoin (BTC), According to Host of InvestAnswers (8/4/2022)
A popular crypto analyst says that the worst appears to be over for Bitcoin (BTC) as the risk appetite for the flagship cryptocurrency is back. In a new strategy session, the host of InvestAnswers tells his 443,000 subscribers that Bitcoin’s
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Interview with Kevin O’Leary: $28K Bitcoin next or lower? | Market Talks with Crypto Jebb (8/4/2022)
Kevin O’Leary gives his outlook on the current state of the crypto market in this exclusive live interview with Cointelegraph. 944 Total views 22 Total shares With the price of Bitcoin (BTC) holding above $22,000, more and more market players
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Bitcoin price retests key $22.8K as metric points to ‘BTC buying spree’ (8/4/2022)
Bitcoin (BTC) returned to base on Aug. 4 as higher levels gave way to a battle for the 200-week moving average (MA).BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBattle for classic Bitcoin price trendline rages Data from Cointelegraph Markets Pro and TradingView
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BNB Chain Outran Other Ethereum Competitors in Several Metrics During Q2: Insights Firm Messari (8/4/2022)
Binance’s BNB Chain (BNB) outperformed other Ethereum (ETH) competitors in the second quarter of 2022, according to crypto insights firm Messari. In a new analysis, Messari notes the BNB Chain has had a “breakout year” in terms of its non-fungible
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Education and aesthetics: Bringing more women into the Metaverse (8/4/2022)
Interest in the Metaverse is growing rapidly and fashion brands across the globe are taking note. A new report from the technology research and advisory firm Technavio found that the Metaverse will hit a market value of $50.37 billion by
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Cointelegraph increases its presence in Middle East and North Africa with a new franchise (8/4/2022)
Cointelegraph MENA will cover more news and technological developments in each country in the region in Arabic. 589 Total views 23 Total shares Cointelegraph, the premier blockchain- and crypto-focused media outlet, is increasing its presence in the Middle East and
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Portuguese banks shutting crypto accounts citing risk management concerns (8/4/2022)
The Bank of Portugal has licensed all of the exchanges that have had their accounts closed, including Criptoloja, Mind The Coin and Luso Digital Assets. 2298 Total views 46 Total shares Several large banks in Portugal have reportedly begun closing
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‘Insane evidence’ Bitcoin has capitulated in past 2 months — analysis (8/4/2022)
Bitcoin (BTC) is providing overwhelming evidence that it is capitulating, and it is time to flip bullish as a result, new analysis believes.In a Twitter thread on Aug. 3, Charles Edwards, CEO of crypto asset manager Capriole, revealed what he
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Ethereum’s L2 solution ‘Optimism’ rallies 300% in a month — Will OP price gains sustain? (8/4/2022)
Optimism eyes an increase in adoption after the Merge upgrade triggers Ethereum’s “Rollup-Centric Roadmap.” 1306 Total views 39 Total shares The price of Optimism (OP) has been skyrocketing since the beginning of July due to its proximity to Ethereum.Notably, OP’s
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