Based on the price of BNB and the number of blocks generated on BSC during the quarter, the BNB auto-burn mechanism automatically modifies the amount of BNB to be burned.
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Web3 activists fight for reproductive rights with NFTs, DAOs and protests
The Web3 community has launched a number of initiatives to raise funds and awareness for women’s reproductive rights following the overturn of Roe v. Wade.
Web3 activists fight for reproductive rights with NFTs, DAOs and protests
The Web3 community has launched a number of initiatives to raise funds and awareness for women’s reproductive rights following the overturn of Roe v. Wade.
This 'biblical' Bitcoin pattern suggests BTC price can rise 30% by October
Bitcoin's price chart has a target of $28,000 based on a classic, bullish technical pattern.
This 'biblical' Bitcoin pattern suggests BTC price can rise 30% by October
Bitcoin (BTC) may be down 70% from its November 2021 peak, but its rebound move in the past three weeks is raising the possibility of more upside in Q3.
Bitcoin eyes 30% price rally
At the core of the bullish argument is a technical pattern called the "Adam-and-Eve double bottom."
Notably, the structure appears when the price forms two bottom-and-recovery cycles. The first cycle, called "Adam," features a pointed bottom, while the other, called the "Eve," is round-shaped. Also, the peaks of both cycles form a common resistance line.
The Adam-and-Eve pattern resolves after the price breaks above the resistance line, accompanied by a rise in trading volume.
As a rule of technical analysis, the breakout's target typically comes at a length equal to the maximum distance between the pattern's lowest point and resistance line.
Mind games: Bitcoin education at an escape room in Lebanon
At a Bitcoin-themed escape room in Lebanon's capital Beirut, it's all fun and games until you take the orange pill.
EU-regulated firm Banking Circle adopts USDC stablecoin
Banking Circle was launched in 2016 with a mission to help payments businesses reach new global markets, avoiding the burdens of traditional banking.
EU-regulated firm Banking Circle adopts USDC stablecoin
Banking Circle was launched in 2016 with a mission to help payments businesses reach new global markets, avoiding the burdens of traditional banking.
Binance gets crucial license for its Spanish subsidiary from the Bank of Spain
Changpeng Zhao, the CEO of Binance, said that compliance with regulation is very crucial to the broader adoption of crypto.
Bitcoin price builds best weekly candle since March despite new DXY peak
The U.S. dollar is breaking out yet again, adding to misgivings about the authenticity of Bitcoin's surge to $22,400.
Bitcoin price builds best weekly candle since March despite new DXY peak
Bitcoin (BTC) is on track for its biggest weekly gains since March, but not everyone is convinced the good times will last.
BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewCrypto sentiment highest since early May
Data from Cointelegraph Markets Pro and TradingView shows that at the time of writing, BTC/USD is up over $2,000 this week — nearly 12%.
After spending several days trapped in a narrow range, the pair managed to exit to the upside, the gains accelerating overnight into July 8 to see highs of $22,401 on Bitstamp.
Those highs alone are noteworthy, coinciding with Bitcoin’s 200-week moving average (MA), an essential level in bear markets which has acted as resistance since last month.
While consolidating around $1,000 lower, Bitcoin nonetheless is showing the potential for a trend turnaround. Beating out the 200-week MA, however, will be no easy task.
DOGE days of summer: Shiba Inu gains 40% on Dogecoin two months after record lows
SHIB price remains at risk of falling further against DOGE due to weak technicals.
DOGE days of summer: Shiba Inu gains 40% on Dogecoin two months after record lows
Shiba Inu (SHIB) has grown stronger against its top "memecoin" rival Dogecoin (DOGE) in the last two months, in part due to the token's periodic token burning events and a flurry of project announcements that promises to boost its utility.
Why is the SHIB price rallying?
In detail, SHIB/DOGE gained a little over 40% after bouncing from 0.0001120 on May 12, its lowest level on record.
SHIB/USD four-hour price chart. Source: TradingViewCoin burn is the most logical explanation behind SHIB's recent rally against DOGE.
The process involves sending SHIB tokens to a wallet without a master, i.e., removing them out of circulation permanently against the total one quadrillion supply (half of which were sent to Ethereum's co-founder Vitalik Buterin.
The Shiba Inu network has burned more than 410 trillion SHIB tokens (~$4.5 billion at July 8's price) from its initial supply, according to data tracking portal ShibBurn.com.
Credit unions warn about the cost of developing a CBDC
A lobby group suggests supporting the credit union engagement instead, applicating consumer protection rights to digital assets holders.
Social media 'major Web3 pain point' as phishing attacks almost doubles: Report
A majority of the phishing attacks recorded have been conducted on social media platforms that do not have account verification features.
Nifty News: Total BAYC thefts crack $18.5 million, “Ape Now, Pay Later” loans come for NFTs and more
The total value of stolen BAYC NFTs has cracked $18.5 million, BNPL comes for NFT buyers and Australia makes big moves in the non-fungible space.
Aave to launch overcollateralized stablecoin called GHO
GHO would allow users to borrow the stablecoin while still learning yield on their locked assets on Aave, however the proposal is just seeking feedback at this stage.
What bear market? Consumer confidence higher among crypto owners than normies
The research firm said that the discrepancy is partially explained by the fact that the average crypto owner is “more likely to be wealthier, younger and male” than the average U.S. adult.
Class action lawsuit claims Solana's SOL is an unregistered security
Plaintiffs claim that Solana’s SOL token is a centralized security with insiders profiting immensely while retail traders got rekt.
Celsius moved $529M worth of wBTC to FTX exchange: Should we be worried?
The crypto community is concerned that the transfer could lead to the dumping of more than $500 million Bitcoin into the market.