Bitcoin price gathers strength as SOL, AVAX, FIL and EOS prep for a breakout

SOL, AVAX, FIL and EOS price are beginning to look attractive, especially if Bitcoin opens the week with a renewed attack on the $31,000 level. Price Analysis Join us on social networks Nonfarm payrolls rose by 209,000 in June, below economists’ expectations of an addition of 240,000 jobs. Although the figures show a cooling labor market, …

Shibarium to Launch in August: What This Means for $SHIB

Shiba Inu enthusiasts are eagerly anticipating the upcoming launch of Shibarium. The Layer 2 solution designed for the Shiba Inu ecosystem. Shibarium is anticipated to have a significant impact on reducing gas fees on the Shiba Inu network ultimately making it more accessible and affordable for users. This development has attracted investors who are already …

IMF Says Tax Systems Need To Be Updated for Crypto Assets, Decentralized Exchanges Part of the Problem

The International Monetary Fund (IMF) says that global tax systems should be modernized to accommodate crypto assets. In a new blog post, the IMF says the tax system needs updating to cope with crypto assets, whose anonymity and decentralized nature pose challenges to governments. The bank says that in particular, tax evasion could be a …

Robert F. Kennedy Jr. invested up to $250,000 in Bitcoin after Miami’s conference

The recent investment disclosure contrasts with his claims in May that he was not an investor in Bitcoin. News Join us on social networks Democratic presidential candidate Robert F. Kennedy Jr. owns up to $250,000 in Bitcoin (BTC), in contrast to his previous claim that he was not an investor in the leading cryptocurrency. A …

Bitcoin halving may push miners’ net profit into negative territory

The next Bitcoin (BTC) halving, set to occur in April 2024, could plunge miner profits into the red, Bloomberg reported on July 8. Every four years, mining rewards for Bitcoin are slashed in half — this event is known as Bitcoin halving. Historically, all Bitcoin halvings have been followed by major bull runs, so investors …

The SEC’s arguments against Coinbase are ‘not particularly strong,’ law expert says

The U.S. Securities and Exchange Commission (SEC) provided a preview of the arguments it plans to use against Coinbase in a letter to the judge on July 7. However, the SEC’s case against Coinbase does not inspire much confidence, crypto lawyer James Murphy tweeted on July 9. Murphy, who goes by MetaLawMan on Twitter, said …

Binance Lays Off Dozens of Employees With Plans To Trim US Workforce Amid Regulatory Pressure: Report

The world’s largest crypto exchange by trading volume is reportedly downsizing amid mounting pressure from federal investigations.  The Wall Street Journal reports that Binance already terminated dozens of its employees last week, some of whom were told their jobs were redundant while others were let go without any reason at all. The report also says …

BlackRock ETF stirs US Bitcoin buying as research says ‘get off zero’

Bitcoin is a must-own as the world’s only truly scarce asset, analysis argues, as U.S. BTC accumulation takes a leg up. Markets News Join us on social networks Bitcoin (BTC) will suck in “all prosperity gains” in future and leave behind those who have no exposure as a result, a new prediction says. In a …

Crypto Capitalist Arthur Hayes Predicts Mega Mania Phase for Bitcoin (BTC) Driven by Two Key Catalysts

BitMEX founder Arthur Hayes says that the artificial intelligence (AI) revolution could enable Bitcoin (BTC) to be part of two mania phases. In his latest essay, the crypto veteran says that AI will likely adopt Bitcoin as the currency of its economy. According to Hayes, AI will be the primary beneficiary of a new age …

Shiba Inu Altcoin Rips After Shytoshi Kusama Reveals ‘Shibapendence Day’ Ahead of Imminent Layer-2 Launch

An altcoin in the Shiba Inu (SHIB) ecosystem is skyrocketing after its lead developer presented the first “truly decentralized exchange” ahead of the launch of Shibarium, the project’s highly anticipated upcoming layer-2 scaling solution. In a new blog post, pseudonymous SHIB developer Shytoshi Kusama unveils “Shibapendence Day,” a celebration for the SHIB community to declare its …

How to land a high-paying job as an AI prompt engineer

Discover the essential steps, skills and strategies needed to land a lucrative career in the rapidly growing field of AI customization and fine-tuning. Overview Join us on social networks The field of AI is rapidly expanding, and one niche area that has gained significant attention is prompt engineering. As the demand for artificial intelligence (AI) …

XRPL grows in Q2 despite SEC lawsuit concerns: Report

The XRP Ledger saw a significant increase in the total new address count, which reached 138,790, representing a growth of 31.8% compared with the same period in 2022. News Join us on social networks Despite lingering concerns over the Ripple vs. SEC lawsuit, The XRP Ledger (XRPL) has demonstrated significant growth in multiple areas of …

Bitcoin Going ‘Much Higher’ Over the Next Decade, Says On-Chain Analyst Willy Woo – Here’s Why

Widely followed on-chain analyst Willy Woo says Bitcoin (BTC) is going way higher over the next ten years based on its current state of adoption. Woo tells his 1.1 million Twitter followers that BTC is not even halfway through its adoption S-curve, with the most growth still ahead of it. S-curves are used to visualize …

Multichain attack triggers Twitter phishing scheme for FTM distribution

A phishing link was included in the tweet and shared with the affected users of the hack, leading them to believe it was associated with the Fantom Foundation. News Join us on social networks Hackers continue their relentless attacks, displaying no signs of slowing down. Shortly after the Multichain hack, scammers started spreading a phishing …

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