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July 26, 2022
The bear flag setup for SOL price could result in another interim relief rally amid macro headwinds. Solana (SOL) dipped to a two-week low at around $35.50 on July 26, mirroring downside moves elsewhere in the crypto market. Nonetheless, technicals suggests that Solana’s price flirts with the prospects of rising 40% in August. SOL hits...
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A new report reveals an angle for sustainability in Bitcoin mining through harnessing onsite natural gas emissions. Data from a recent Ark Invest report highlights another utility for Bitcoin (BTC) mining in the realm of sustainability and energy.  According to the findings, there is enormous potential to transform methane emissions into energy for Bitcoin mining,...
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While cash is associated with more anonymity, it’s still less mobile and easy to use in large amounts than a digital currency, China’s CBDC project lead Mu Changchun said. China’s central bank digital currency (CBDC) should not be as anonymous as cash, the head of the People’s Bank of China (PBoC) digital currency institute declared....
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The report “Journey Into Web3” showed that 64% of participants are interested in exploring Web3 career opportunities. A new survey from crypto exchange KuCoin showed that enthusiasts who have not worked in the Web3 industry are very eager to explore opportunities in the blockchain space. The participants noted that the industry’s appeal includes flexibility, growth...
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Understanding the project’s vision, tokenomics, white paper, use cases, roadmap, etc., is essential prior to making an informed investment decision. When it comes to cryptocurrencies, you need to consider a few key factors before you decide whether to invest. Whether you’re just beginning to get on the ground floor of new crypto projects or are...
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A think tank in the Philippines doesn’t give up on efforts to ban Binance, now claiming that the crypto exchange has been operating illegally in the country. Philippines’ think tank Infrawatch PH continues efforts to ban Binance in the country by asking more regulators to investigate the cryptocurrency exchange over alleged illegal operations. Infrawatch PH...
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The new body will bring together the financial regulators and creative industries to formulate the policies in the Metaverse. In an important landmark for the buzzword, The Ministry of Economy, Trade and Industry (METI) of Japan opens its own Web3 Policy Office in the Minister’s Secretariat. The new entity commits to bringing together the departments...
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Ripple has continued to see adoption for its remittance technology from private institutions despite the ongoing lawsuit in the U.S. Singapore-based institutional digital payment solution provider FOMO Pay has become the latest fintech firm to integrate Ripple’s liquidity solution called on-demand liquidity (ODL). FOMO Pay would use the popular crypto enterprise technology to improve its...
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How one tweet about being “broke as hell” created a chain of community Bitcoin buys that exceeded six figures and counting. The Bitcoin (BTC) community, or “plebs” as they are affectionately known, are a force to be reckoned with. They banded together in less than 7 days to stack over $160,000 (7 BTC) in a...
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Factors considered to calculate a country’s readiness were the number of crypto ATMs proportional to the population and geographical size and the number of blockchain startups per 100,00 people. While public acceptance remains key to crypto’s existence, the road to mainstream crypto adoption requires governments to set up a supporting infrastructure that complements the requirements...
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