Share: USD/CHF gains traction around 0.8742, up 0.19% for the day. The July employment and wage inflation report on Friday showed mixed results. President Joe Biden is likely to announce an executive order restricting US investments in China. … [Continue reading]
Crypto bills in the US are likely to face hostility from the Senate and White House, according to experts
Share: Director of government relations for the US Blockchain Association believes that the market structure bill is probably a two-year thing. Analysts at CoinDesk believe that the bill could face a potentially hostile Senate and White … [Continue reading]
Chainlink price likely to rally as CCIP testnet activity gathers steam
Share: Chainlink network’s CCIP testnet has been subjected to interesting activity like digital coin transactions of the Australian, New Zealand and Singapore Dollar. Multiple transactions on the CCIP testnet have bridged stablecoins between … [Continue reading]
Pro-XRP attorney predicts XRP likely to hit its all-time high in a Bitcoin bull market
Share: Pro-XRP attorney John Deaton argues that the altcoin XRP can hit its new all-time high during a Bitcoin bull run. Deaton argues that despite Ripple’s partial victory against the US SEC, a bull market is needed for XRP to hit a new … [Continue reading]
Bitcoin halving cycles show a weakening trend, similar to Litecoin, according to experts
Share: NYDIG, a Bitcoin company, revealed that the recent Litecoin halving paints a bearish picture for the upcoming BTC halving event. The duration of BTC and LTC halving cycles has remained the same but the amplitude of price rally … [Continue reading]
Crypto token unlocks in August: SAND, WLD, AVAX, Optimism, INJ
Share: Crypto tokens worth upwards of $320 million are set to unlock in August. Sandbox, Worldcoin, Avalanche, Optimism, and Injective token unlocks are lined up in the second half of August 2023. Altcoin season ended in July and token … [Continue reading]
Elon Musk confirms X will “never launch” a crypto token, DOGE community bullish on token’s likely adoption
Share: Elon Musk addressed the rumors of a Twitter or X token launch and stated that the platform will “never launch” a crypto token. Dogecoin’s community of holders grow hopeful that the meme coin could find utility on X’s platform, given … [Continue reading]
Gary Gensler’s crypto crusade likely to end if judge dismisses Coinbase case over Ripple ruling
Share: Coinbase’s Chief Legal Officer informed the crypto community that the exchange filed a brief asking the court to dismiss the SEC’s case. Coinbase argues that the platform does not offer investment contracts and states that the SEC has … [Continue reading]
Ripple whales dump 100 million XRP as XRP price suffers the waning bullishness of SEC lawsuit win
Share: XRP price has declined by almost 25% in the span of two weeks after marking 2023 highs of $0.85 last month. Whale addresses holding 100,000 to 1 million XRP have sold more than 100 million XRP in the same duration to take profits. This … [Continue reading]
Polygon investors resort to dormancy as MATIC price nears 13-month low for the second time
Share: MATIC price is inching closer to $0.585, which was recently tested in June and last breached in July 2022. MATIC holders' participation has declined by about 60% in the span of two weeks owing to weak price action. Investors are likely going … [Continue reading]