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Human protocol introduces blockchain coordination layer for data contribution

Users receive rewards for contributing data on the Human Protocol, which can be used an initial-point of learning for algorithms.

Human protocol introduces new blockchain coordination layer for data contribution

Users receive rewards for contributing data on the Human Protocol, which can be used an initial-point of learning for algorithms.

Polygon zero-knowledge EVM rollup aims cheaper Web3 transactions

Polygon uses zero-knowledge proof to club multiple transactions into groups before relaying them over to the Ethereum blockchain as a single transaction.

Polygon zero-knowledge EVM rollup aims cheaper Web3 transactions

Polygon uses zero-knowledge proof to club multiple transactions into groups before relaying them over to the Ethereum blockchain as a single transaction.

US senator blasts SEC for non-judicial actions against crypto companies

Senator Emmer highlighted the SEC’s politicization of regulations and called them power-hungry regulators that discourage good-faith regulations.

Gemini receives virtual asset service provider license in Ireland

New York-based crypto exchange Gemini opened its local office in Dublin, Ireland, last year. Now, it is granted with a VASP license.

What are crypto faucets and how do they work?

By completing simple tasks, users can use a crypto faucet to earn modest coin payouts (similar to the minuscule drops of water trickling from a leaky faucet).

What are crypto faucets and how do they work?

By completing simple tasks, users can use a crypto faucet to earn modest coin payouts (similar to the minuscule drops of water trickling from a leaky faucet).

US federal agency issues legal advisory on NFT investments

The advisory primarily targets reporting of NFTs investments that represent “property,” such as real estate.

Bitcoin holds 5-week high as trader suggests ‘parabolic' bear trend is over

A crypto renaissance sees Bitcoin price challenge major resistance and long-term trendlines in a much-needed show of strength.

Bitcoin holds 5-week high as trader suggests ‘parabolic’ bear trend is over

Bitcoin (BTC) took aim at $24,000 on July 20 after a night of solid gains put bulls in the driving seat.

BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView

Parabolas violated

Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it breached $23,800, its highest level since June 13.

Against expectations, crypto staged a recovery beyond an intra-hour “fake-out” as risk assets benefitted from declining United States dollar strength.

The inverse correlation between the U.S. dollar index (DXY) and Bitcoin remained center stage on the day, with the greenback coming off twenty-year highs at the end of the week prior.

U.S. dollar index (DXY) vs. BTC/USD 1-day candle chart. Source: TradingView

“The Dollar is taking a nice hit today from the bears,” popular trader Crypto Tony told Twitter followers as the breakout took shape:

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21Shares launches S&P risk controlled Bitcoin and Ether ETPs

Despite crypto markets tanking this year, the Swiss crypto ETP firm 21Shares has seen its new crypto inflows hitting new all-time highs YTD.

21Shares launches S&P risk controlled Bitcoin and Ether ETPs

Despite crypto markets tanking this year, the Swiss crypto ETP firm 21Shares has seen its new crypto inflows hitting new all-time highs YTD.

Lummis-Gillibrand crypto bill likely deferred to next year

Senator Cynthia Lummis said that non-crypto-versed Senators will need some time to understand and digest the proposals.

Bitcoin's longest 'extreme fear' streak finally breaks

After 73 days of "extreme fear" on the Crypto Fear and Greed Index, investors can breathe a very small sigh of relief.

Will Ethereum Merge hopium continue, or is it a bull trap?

ETH has gained 48% over the past week, leaving most of its crypto brethren behind — though it's still risky days ahead given the macroeconomic factors still at play.

Sustainable Bitcoin mining power mix hits 59.5%: BTC Mining Council

The latest Q2 report also details how energy efficiency among Bitcoin miners is on the rise.

Japan's crypto self-regulation 'experiment' not working

Self-reg entity JVCEA has reportedly received stern warnings to get its act together, as Japan’s Financial Services Agency pushes for the organization to speed up its AML regulation rollout.

Bitcoin price holds $23.5K, leading bulls to say ‘it’s different this time’

Traders expect BTC price to venture into the $27,000 to $32,000 range now that Bitcoin looks to secure a daily close above its current range.

Bitcoin price holds $23.5K, leading bulls to say ‘it’s different this time’

Similar to Stockholm syndrome where captives develop a psychological bond with their captors, crypto winters have a way of flipping even the most bullish cryptocurrency supporters bearish in a short period of time.

Evidence of this reality was on full display on July 19 after the recovery of Bitcoin (BTC) back above $23,000 was met with widespread warnings that the move was merely a fakeout before the market heads for new lows

While the possibility of new lows being set in the future can’t be ruled out, here’s a look at analysts' opinions on how this BTC breakout could be different than most investors expect.

This time "it's different"

The pointed message of “this time is different” was offered by pseudonymous Twitter user Trader XM, who posted the following chart outlining why BTC is poised to head higher.

BTC/USD 4-hour chart. Source: Twitter

As highlighted on the chart above, BTC price did not retest of the range low even as four retests of the range high took place, and this suggests that buyers are now stronger than sellers.

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