The Central Bank of Thailand also known as the Bank of Thailand (BOT) plans to begin the trial of its Central Bank Digital Currency (CBDC) in a retail setting. According to the Deputy Governor of the...
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Crypto market bears company above $1 trillion as bitcoin gains intimidated
The crypto market is not on the road to recovery even now. The ability of Bitcoin to break free from $20,000 was contributory to the normal market. In July, after marshaling, the crypto industry recei...
WazirX CEO Asks CZ To Reveal Binance Parent Entity
The war of words between Changpeng Zhao, Binance CEO and Nischal Shetty, WazirX CEO reached new heights on Saturday. Both crypto exchanges’ chiefs are going back and forth by blaming each other for ha...
Solana and Nomad bridge fall prey to exploits losing millions
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week. This past week, the D...
Bond markets complicate Fed moves after blowout jobs report
Bond yields ripped higher after new employment data showed the U.S. economy adding a breakneck 528,000 jobs in the month of July. Emily Roland, co-chief investment strategist at John Hancock Investmen...
Here’s Who Sold Enormous Volumes of Bitcoin in Recent Months per Glassnode Data
According to an on-chain analytics firm, Glassnode, a significant proportion of Bitcoin selling pressure looks to be coming from long-term holders, notably those who bought their coins close to the ma...
Albemarle Earnings Outlook Rockets, But ALB Stock Reverses Lower
Albemarle (ALB) handily beat Q2 earnings estimates after Wednesday’s close, then massively raised its full-year outlook. ALB stock jumped at the open on Thursday, then reversed lower, despite th...
Lawmakers send letter to 20 crypto firms soliciting diversity data
A coalition of US Representatives led by House Financial Services Committee Chairwoman Maxine Waters, D-Calif., is asking the nation’s most prominent crypto firms to deliver data on their divers...
Argo Blockchain continues selling Bitcoin to pay off Galaxy Digital debt
Argo Blockchain, a cryptocurrency mining company, has continued to sell its Bitcoin holdings to repay the debt owed to Galaxy Digital, a cryptocurrency investment company owned by Michael Novogratz. A...
Is MATIC Price All Set To Hit $1 In Next 12 Hours ?
With the recent announcements claiming to elevate the utility and adoption of Polygon Network, the MATIC price rally is being postulated to touch the $1 mark. The market sentiment surrounding the asse...
Argo Mining Crypto Production Rose to 219 BTCs in July
Argo Blockchain plc, a publicly traded cryptocurrency mining firm based in the UK, on Friday, announced its operational update for July 2022. During the month of July, Argo revealed that it mined 219 ...
The Central African Republic Is Building Its Own Virtual Asset
The Central African Republic (CAR) has come a long way in the digital currency space. The nation was the second in the world to declare bitcoin legal tender within its borders, clearly following in th...
Uniswap ‘Fee Switch’ Pilot May Take-Off Soon
Three million votes have favoured the pilot, and around 46 UNI votes are against the pilot. A recommendation to change the fees imposed by decentralized crypto exchanges Uniswap got approved wit...
Voyager plans to resume cash withdrawals on Aug. 11
Crypto lender Voyager Digital Holdings has reported users may be able to make cash withdrawals from the app more than a month after suspending trading, deposits, withdrawals and loyalty rewards. In a ...
Proof of Stake vs Proof of Work – Trustnodes
An ancient debate in crypto terms goes head to head as ethereum upgrades to Proof of Stake (PoS) while the Proof of Work (PoW) chain keeps on running. The invention of Proof of Stake in crypto usage i...
Here’s What’s New With Ongoing Vasil Hard Fork
According to the weekly development report prepared by Cardano’s IOG, work continues to progress on the Vasil hard fork. IOG reports the work done on node improvements by the Cardano teams and t...
Crypto, Cross-Blockchain Bridges, and Chorizo
Welcome to the 79th Weekend Shift! What’s the deal? Over the weekend, we’ll update this post with some of the most interesting articles, podcasts, charts, and opinion pieces we’re too busy to write ab...
Ethereum Price Analysis and Prediction for August 6th
Cryptocurrency markets remain relatively flat this Saturday as Bitcoin holds the $23k support while Ethereum is climbing above the $1,700 range. The global cryptocurrency market cap is up 1.51% in the...
Amazon to Acquire Roomba Maker iRobot to Consolidate Consumer Robotics Presence
Tech giant Amazon looks to acquire iRobot for $1.7 billion to gain more ground in the consumer robotics industry. Amazon (AMZN: NASDAQ) is reportedly acquiring Roomba maker iRobot for $61 a share in a...
Core Scientific reports increased bitcoin production in July despite disruptions
Core Scientific, a cryptocurrency mining firm, has reported that its mining operations generated 1221 bitcoin in July. The BTC produced during the month was higher than the previous months despite the...
Kompute Seeks to be the “AWS” of Decentralized Cloud Computing
Kompute, a blockchain company based in Estonia, intends to render significant control and anonymity in cloud computing through a decentralized model explicitly created for Web3. In a statement, Xabie...
While Cardano’s [ADA] whales are whaling, what is its price up to
For any cryptocurrency project, addresses holding between 10,000 to 10,000,000 of the project’s tokens are key stakeholders. Their trading activities are a major determinant of what to expect from the...
VeChain price analysis: VET Bulls are Going to See the Solid Bullish Weekend Near Resistance
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AVAX Nears 2-Month High, FIL up 15% Despite Weekend Volatility – Market Updates Bitcoin News
Avalanche was trading close to a two-month high on Saturday, despite markets mostly consolidating. Another exception was filecoin, which surged to start the weekend, climbing by over 10% in today’s se...
Binance CEO Revamps Its $7,500,000,000 VC Arm, Says Now Is the Best Time To Invest in Crypto
The world’s largest cryptocurrency exchange by trading volume is making strategic moves to bolster the venture capital side of its business. In a new announcement, Binance says that chief marketing of...
Crypto Biz: Gucci ‘apes’ into crypto
What comes to mind when you think of Gucci? Designer handbags, fashion jewelry, elegant Swiss watches? What about payment integration with an ERC-20 governance and utility token that wants to power We...
Optimism (OP) Price Shakes the Market with a Gigantic Surge, New ATH is Imminent
Optimism, the layer-2 blockchain on top of the ethereum ethereum Blockchain NetworkTechnology Followers : 0 View profile blockchain recorded a huge surge of more than 200% since the beginning of Augus...
Binance Card Adds Three New Altcoins: Ripple (XRP), Shiba Inu (SHIB) and Avalanche (AVAX)
Major global cryptocurrency exchange Binance announced Friday that three new altcoins are now added to its Binance Card including Ripple (XRP), Shiba Inu (SHIB), and Avalanche (AVAX). The card current...
Will AVAX Coin’s Winning Streak Surpass $26?
The Avalanche (AVAX) price rises for the fourth consecutive day, registering a 15.2% gain. The bull aims to breach the $26.2 resistance and trigger the two-months old cup and handle pattern. What can ...