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...Continue Reading

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...Continue Reading

The latest analysis by Glassnode suggests that the worst of the sell-offs could be concluded, but the market still needs time to recover. “Extreme” demand at the $20,000 price point for Bitcoin (BTC) appears to have forced the coins back into the hands of investors who care less about price while creating a new realized...Continue Reading

A Bloomberg article was republished by its Chinese subsidiary using the title “Zhao Changpeng’s Ponzi Scheme.” Binance CEO Changpeng Zhao is suing Bloomberg Businessweek in Hong Kong, accusing the outlet of defamation. On Monday, the Binance CEO, known by the crypto community as “CZ,” sued Bloomberg Businessweek’s Hong Kong publisher Modern Media Company Limited. Modern Media...Continue Reading

For the week ending July 15, ETH investment products posted $120 million worth of inflows, marking the largest weekly inflows for the asset since June 2021. Institutional sentiment toward Ether (ETH) appears to have shifted into positive gear, with digital investment products offering exposure to the asset having posted four consecutive weeks of inflows, according...Continue Reading

The Australian fintech company has seen a surge in investors wanting a “less risky version” of double-digit crypto returns. Block Earner, an Australian fintech company, says the fall of Terra Luna in May has led to “positive surprises” for his company, with investors beginning to find their way toward the lower-risk crypto yield products they...Continue Reading

Moelis & Co.’s John Momtazee stated the firm was unfazed launching the group amid a crypto bear market, acknowledging that any new “disruptive” tech comes with volatility. New York-based investment banking giant Moelis & Co. has launched a Global Blockchain Group that will provide advisory services to blockchain and crypto firms. The group is being...Continue Reading

The proposal aimed to secure a two-year runway for LidoDAO to carry out its functions in the Lido Finance protocol without worrying about further fundraising. LidoDAO, the governance body that controls Lido Finance, has voted to reject a proposal that would have sent 1% of the LDO token supply to Dragonfly Capital in exchange for...Continue Reading

Bitcoin traded below its mining cost basis in June, DeFi experienced a 33% decline in TVL, and mid-month weekly BTC options peaked to their highest on record. The blockchain space is seeing some areas of strength despite the perceived downturn in the market. The perpetual futures funding rates for Bitcoin (BTC) and Ether (ETH) have...Continue Reading

Bitcoin’s upside prospects are supported by at least three on-chain and technical metrics. Bitcoin (BTC) could be in the process of bottoming after gaining 25%, based on several market signals.  BTC’s price has rallied roughly 25% after dropping to around $17,500 on June 18. The upside retrace came after a 75% correction when measured from its...Continue Reading