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Solana records 1 outage in first half of 2023, 100% uptime in Q2

The Solana network is seeing steady improvements in performance and reliability as outages become more infrequent.

Coin Center and Blockchain Association slam ‘unworkable’ US Senate DeFi bill

Coin Center said the bill was unconstitutional, while the Blockchain Association called it incompatible with blockchain technology.

Coin Center and Blockchain Association slam ‘unworkable’ US Senate DeFi bill

Coin Center said the bill was unconstitutional, while the Blockchain Association called it incompatible with blockchain technology.

Stablecoin dominance slides as market cap falls to near 2-year lows: CCData

The market capitalization of stablecoins has hit the lowest level since August 2021 coming on the back of 16 consecutive months of decline, a new report says.

Cryptocurrency analytics platform CCData released a report on July 20 saying the stablecoin market cap fell 0.82% from the start of the month until July 17, taking the sector's market cap to $127 billion.

Stablecoin market dominance took a slight fall and is currently at 10.3%, dropping from 10.5% in June.

Of the top ten stablecoins, Pax Dollar (USDP) was hit hardest, falling 43.1% to $563 million in July — its lowest figure since December 2020.

CCData believes the fall was largely attributed to MakerDAO — a decentralized autonomous organization behind the Maker protocol — which elected to remove $500 million of USDP from its reserves because it failed to accrue additional revenue.

US House Republican committees introduce joint digital assets bill

The House Agriculture and Financial Services Committees have been working together all year on a bill to rival Lummis and Gillibrand’s RFIA.

FTX sues over investments, donations made by charity arm to life sciences companies

The money was intended to add to Bankman-Fried’s political influence and goodwill and did not benefit FTX or Alameda Research.

XRP price can fall 40% by September — Fractal analysis

The double-digit percentage gains for XRP (XRP) this month may have reached the exhaustion point, reflecting the trends elsewhere in the cryptocurrency market.

This follows the euphoria surrounding Ripple's partial win versus the U.S. Securities and Exchange Commission, resulting in bullish calls for as high as $15 in the coming months. 

Nonetheless, fractal analysis of XRP's recent candlestick and price momentum patterns hints that a sharp market correction is not off the table, particularly if history repeats.

Notably, certain XRP market signals preceded a 65% price decline in Q2, 2021. These are now flashing again, namely the multi-year descending trendline resistance and an "overbought" relative strength index (RSI), as illustrated below.

XRP/USD weekly price chart. Source: TradingView

The descending trendline resistance (marked as "upper trendline resistance" in the chart above) has limited XRP's upside since January 2018. This price ceiling is helped by another horizontal trendline resistance (purple) near $0.93.

UK financial watchdog announces launch of permanent Digital Sandbox in August

According to the FCA, the sandbox will be open to businesses, start-ups and data providers, including those involved in banking, investment, lending and payments.

Bitcoin rejects at 21-day trendline — How low can BTC price go?

BTC price fails to protect the $30,000 mark after a brief resurgence, and Bitcoin traders are not confident of new highs.

Aptos' new user growth hits 900% after integration with social media app Chingari

Chingari started the migration to Aptos in July, seeking an enhanced experience for users following Solana's network outages in 2022.

7 most in-demand programming languages to learn

Stay ahead of the curve and develop in-demand programming skills with seven sought-after programming languages, including Python, Solidity, Rust and more.

US law protects institutions and exposes retail investors — Rep. Torres

New York Representative Ritchie Torres had an exclusive interview with Cointelegraph to discuss why retail investors are still at risk following the XRP court ruling.

US law protects institutions and exposes retail investors — Rep. Torres

New York Representative Ritchie Torres had an exclusive interview with Cointelegraph to discuss why retail investors are still at risk following the XRP court ruling.

Liquid staking claims top spot in DeFi: Binance report

A Binance spokesperson highlighted that there are things to be wary of when liquid staking, including smart contract vulnerabilities, slashing risks and price fluctuations.

Wolf Of All Streets worries about a world where Bitcoin hits $1M: Hall of Flame

Former globe-trotting DJ Scott Melker — The Wolf Of All Streets — worries about the circumstances leading to Bitcoin topping $1 million.

Wolf Of All Streets worries about a world where Bitcoin hits $1M: Hall of Flame

Scott Melker is the host of The Wolf Of All Streets Podcast and author of The Wolf Den newsletter.

“If I tweeted about a small cap [crypto] of some sort right now, the price would probably change by like 50%,” says Scott Melker, better known to his 904,800 Twitter followers as The Wolf Of All Streets.

Melker says he takes this responsibility seriously and won’t share tweets that might “impact the market” – but this makes Twitter “a lot more boring” from his end. In fact, Melker declares that Twitter “stopped being fun” when he reached 100,000 followers.

“That’s when I went through a phase of a real love-hate relationship with Twitter because that’s when I guess 10% of the people who respond to comments were trolling at any given time.”

All you can really post to 900,000 followers is “Bitcoin and inspirational quotes” because “everything else” will land you in hot water. 

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Wolf Of All Streets worries about a world where Bitcoin hits $1M: Hall of Flame

Scott Melker is the host of The Wolf Of All Streets Podcast and author of The Wolf Den newsletter.

“If I tweeted about a small cap [crypto] of some sort right now, the price would probably change by like 50%,” says Scott Melker, better known to his 904,800 Twitter followers as The Wolf Of All Streets.

Melker says he takes this responsibility seriously and won’t share tweets that might “impact the market” – but this makes Twitter “a lot more boring” from his end. In fact, Melker declares that Twitter “stopped being fun” when he reached 100,000 followers.

“That’s when I went through a phase of a real love-hate relationship with Twitter because that’s when I guess 10% of the people who respond to comments were trolling at any given time.”

All you can really post to 900,000 followers is “Bitcoin and inspirational quotes” because “everything else” will land you in hot water. 

Tweet

Wolf Of All Streets worries about a world where Bitcoin hits $1M: Hall of Flame

Former globe-trotting DJ Scott Melker — The Wolf Of All Streets — worries about the circumstances leading to Bitcoin topping $1 million.

Wolf Of All Streets worries about a world where Bitcoin hits $1M: Hall of Flame

Former globe-trotting DJ Scott Melker — The Wolf Of All Streets — worries about the circumstances leading to Bitcoin topping $1 million.

Wolf Of All Streets worries about a world where Bitcoin hits $1M: Hall of Flame

Former globe-trotting DJ Scott Melker — The Wolf Of All Streets — worries about the circumstances leading to Bitcoin topping $1 million.

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