Weekly Crypto Roundup: Beldex Tops Gainers, Celsius Token Sinks 44% 

On Monday, July 8, the global cryptocurrency market capitalization hovered around $2.11 trillion, reflecting a 0.42% increase over the past day. Although there was a modest uptick at the beginning of the week, only a few crypto assets recorded gains during this period. The top performer for the week was beldex (BDX), which climbed 23.08% …

Bitcoin Starts July On A Bearish Note, Will CPI Data Change The Narrative This Week?

The beginning of July has not been bullish for the Bitcoin and crypto market as earlier expected due to a number of events that have shaken the market. For example, the Spot Ethereum ETFs did not debut on July 2nd as expected, and the US and German governments have been reportedly selling large tranches of …

Mass Adoption? NEAR Protocol Sees Over 12 Million Unique Addresses In 30 Days

The NEAR Protocol blockchain is seeing an increase in in user activity, sparking a great deal of positive vibe for its future. Transaction volumes and active addresses have been up in recent months, pushing the protocol up into the spotlight of the cryptocurrency community. Market observers point to several factors driving this growth, including the …

Dogecoin Price Decline Looms As Bears Cut Short Recovery: Key Levels To Watch

My name is Godspower Owie, and I was born and brought up in Edo State, Nigeria. I grew up with my three siblings who have always been my idols and mentors, helping me to grow and understand the way of life. My parents are literally the backbone of my story. They’ve always supported me in …

Will The DOT Rise? Polkadot Price Anticipation Heats Up With ETF Talk

The winds of change might be blowing for Polkadot (DOT), a popular blockchain network for connecting different blockchains. After a rough couple of months marked by a nearly 50% price decline from its April peak, DOT is exhibiting signs of a potential resurgence. This positive outlook stems from a confluence of three key factors: whispers …

Is Bitcoin Undervalued Now? Industry Expert Decodes The Market State

On Saturday, Bitcoin experienced a robust rally, climbing above $58,250. Despite this upward movement, it was unable to sustain the momentum and close above the 200-day Exponential Moving Average (EMA). This led to the formation of a bearish engulfing candlestick pattern on Sunday, signaling potential downside momentum. Currently, Bitcoin is trading below $56,000, positioning it …

Justin Sun Says TRON Team Designing New Gas-Free Stablecoin Transfer Solution

Justin Sun has announced that developers are now working on a stablecoin transfer solution that can function without gas fees on the TRON (TRX) network. The crypto billionaire says the new service is set to roll out later this year, initially on TRON before expanding to Ethereum (ETH) and other EVM-compatible chains. “Our team is …

Crypto Veteran Meltem Demirors Says One Emerging Crypto Sector Will Give Rise to Dozens of Multi-Billion Dollar Firms

Crypto veteran Meltem Demirors says that one particular subsector of digital assets will birth “dozens” of multi-billion dollar projects in the future. Demirors tells her 263,000 followers on the social media platform X that she’s looking more closely at the future of decentralized physical infrastructure networks (DePINs). DePINs aim to leverage blockchain to give individuals …

Here’s How Long the Bitcoin Correction Could Last, According to Analyst Benjamin Cowen

A widely followed crypto analyst says that investors likely can’t expect Bitcoin (BTC) to spark a rally for at least a few more months. In a new video update, crypto strategist Benjamin Cowen tells his 802,000 YouTube subscribers that based on history, the crypto king could be in a downtrend until September or October before …

Economist Alex Krüger Names Five Catalysts That Could Reignite Bitcoin (BTC) Bullish Momentum

A widely followed economist believes several catalysts on the horizon could give Bitcoin (BTC) a massive shot in the arm. Economist Alex Krüger tells his 176,300 followers on the social media platform X that Bitcoin broke below its $60,000 psychological support as fears surrounding sell pressure from the German government and Mt. Gox repayments grip …

Circle Has Received EU Approval for Its USDC Stablecoin

The stablecoin firm is one of the first to comply with Europe’s MiCA rules as they come into effect this summer. Stablecoin issuer Circle announced it has received permission to offer two of its tokens under the EU’s Markets in Crypto-Assets (MiCA) Regulation. Circle obtained an Electronic Money Institution (EMI) license from France’s banking authority …

EEA Releases DLT Interoperability Case Study

Monday 8 July 2024 A new case study showcases the successful implementation of cross-chain Delivery versus Payment (DvP) settlement using EEA DLT Interoperability Specification The Enterprise Ethereum Alliance (EEA) today released a new case study today demonstrating a successful implementation of its Distributed Ledger Technology (DLT) Interoperability Specification. The Distributed Ledger Technologies Interoperability Case Study …

Ethereum Name Service Unveils Brand Refresh to Bridge Web2 and Web3

TLDR Ethereum Name Service (ENS) has unveiled a new brand identity and website at EthCC[7]. The rebrand aims to make Web3 more accessible and user-friendly for newcomers. ENS is keeping its iconic logo but refreshing its brand aesthetic. The main ENS application remains unchanged, with updates applying to marketing materials. The rebrand focuses on creating …

TRON DAO Announces HackaTRON Season 6 Winners and Season 7 Preview

Disclosure: This is a sponsored post. Readers should conduct further research prior to taking any actions. Learn more › Geneva, Switzerland, July 8, 2024 – TRON DAO proudly announces the distinguished teams from HackaTRON Season 6, co-hosted by HTX DAO, BTTC, and JustLend DAO. With over a thousand participants building innovative projects in the TRON …

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