In Brief Fantom price could rise above its recent slump with a potential to reach $0.66 or even $0.99 if bullish trends persist. The token trades above the 23.6% Fibonacci level, suggesting a potential upswing if it holds above the bear market support floor If bears regain control, the bullish thesis may be invalidated, and…
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In Brief Billionaire Mark Cuban notes Kamala Harris’ team has been asking numerous crypto-related questions. Bitcoin Magazine CEO reveals that Harris is in discussion for speaking at the Bitcoin Conference 2024. The crypto community reacts to Harris’ interest with mixed opinions on potential policy changes. Vice President Kamala Harris is probing the crypto industry…
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In Brief Internet Computer has been moving in a similar direction to Bitcoin as indicated by a 90-day correlation. This correlation has contributed to ICP’s recent price gains and a key integration could strengthen it. ICP’s price trades above the 20 EMA with the Supertrend supporting a bullish outlook for the token. Not all cryptocurrencies…
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In Brief The SEC has approved the first-ever Ethereum ETF, marking a major milestone for Ethereum and the crypto industry. This approval indicates growing institutional acceptance and allows investors to gain direct exposure to Ethereum. Following the news, Ethereum’s price had muted response. It is currently trading around $3,475. Ethereum has followed in Bitcoin’s footsteps,…
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In Brief Telegram founder Pavel Durov announced the launch of a Mini App store and in-app browser with Web3 support by the end of July. This initiative follows the success of Telegram Mini Apps and aims to make the messaging app a central player in blockchain adoption. Durov plans to combat malicious actors through a…
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In Brief Enhanced Web3 wallets simplify crypto transactions and improve security. Advanced Web3 wallet features make crypto transactions more seamless. Interoperability in Web3 wallets boosts accessibility and user experience. Web3 wallets are becoming increasingly important instruments for widespread adoption in the crypto scene. Experts like Luis Ocegueda, Head of Engineering at Trust Wallet, and Alvin Kan,…
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In Brief Donald Trump plans to launch a fourth NFT collection, building on previous successes. His campaign has received $3 million in crypto donations, indicating strong support. Crypto donations come from both high-profile crypto leaders and ordinary US citizens. Former US President Donald Trump hints at a plan to launch his fourth non-fungible token…
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In Brief Ripple’s (XRP) price nearly crashed by 11% in a day yesterday before recovering to trade at $0.43. The participation from XRP holders continues to remain weak, impacting the potential for recovery. Conviction, however, is still strong as investors are refraining from moving their holdings around. Ripple (XRP) price momentum has turned bearish, and…
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In Brief The DOJ recently announced BitMEX’s guilty plea for violating the Bank Secrecy Act (BSA). BitMEX stated that the charge is not new and that its founders served their sentences in 2022. The exchange stresses its operational improvements and new standards implemented since 2020. The Department of Justice (DOJ) announced on July 10…
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In Brief Donald Trump is confirmed to speak at Bitcoin 2024 in Nashville, sparking crypto market excitement. TrumpCoin (DJT), a newly minted Trump-themed meme coin, surged by 500,000x following the news. The former president’s crypto stance generates both enthusisasm and debate within the community. The organizer of The Bitcoin Conference just announced that former…
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