BTC price bulls fail to take the market higher as the week continues, but buyer interest is giving hope. 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: TradingView Battle for classic Bitcoin price trendline rages ...Continue Reading

The U.K.’s Crypto and Digital Assets All Party Parliamentary Group (APPG) announced it will launch an inquiry into the crypto and digital asset industry. The United Kingdom Crypto and Digital Assets All Party Parliamentary Group (APPG) announced Thursday its upcoming inquiry on the country’s crypto and digital asset sector. The announcement included details of the group’s...Continue Reading

Brands have the potential to make the Metaverse more women-friendly by focusing on beautiful aesthetics, accessibility and education. 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...Continue Reading

The world’s largest financial asset management firm is making a major push into digital assets, beginning with Bitcoin. According to a new blog post published on Thursday, cryptocurrency exchange Coinbase said it is partnering with BlackRock, the world’s largest financial asset manager, to provide its clients with direct access to crypto, starting with Bitcoin (BTC)....Continue Reading

Cointelegraph MENA will cover the top news and technological developments in each country in the region in Arabic. Cointelegraph, the premier blockchain- and crypto-focused media outlet, is expanding its presence into the Middle East and North Africa (MENA) region with the help of a new franchise owner, Luna Media Corporation. Based in Dubai, Luna Media...Continue Reading

The company is gathering all the possible information on Elon Musk’s private claims about its number of fake accounts. As the failed acquisition of social platform Twitter by one of the world’s richest men, Elon Musk, turned into a protracted court conflict, both sides are filing subpoenas to gather information ahead of the first hearing. ...Continue Reading

Lido’s liquid staking derivative token has over 90% of the Ethereum market share as the network ultimately transitions to proof-of-stake. After a successful third testnet merge, Sept. 19 was recently proposed as the tentative target date for the Ethereum Merge. Ethereum is set to fully transition from proof-of-work (PoW), the original consensus mechanism used by...Continue Reading

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. Several large banks in Portugal have reportedly begun closing the accounts of cryptocurrency exchanges due to “risk management” concerns, suggesting a shift in Portugal’s pro-crypto position. The country’s central bank...Continue Reading

Signals that Bitcoin is in classic capitulation mode are everywhere, and each is a “rare event,” says Capriole’s Charles Edwards. 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...Continue Reading

Optimism eyes an increase in adoption after the Merge upgrade triggers Ethereum’s “Rollup-Centric Roadmap.” The price of Optimism (OP) has been skyrocketing since the beginning of July due to its proximity to Ethereum. Notably, OP’s price rallied by nearly 300% in over a month to reach $2.31, its second-highest level on record, on Aug. 4....Continue Reading