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Bitcoin, Ethereum Technical Analysis: BTC, ETH Enter August Trading Below $24,000 and $1,700 Respectively

Bitcoin was trading marginally lower to start the week, as prices of the token fell lower for a fourth consecutive session. The world’s largest cryptocurrency has suffered from increased market volatility, following last Saturday’s surge to a six-week high above $24,000. Ethereum was also in the red on Monday. Bitcoin Bitcoin (BTC) was trading…
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Metaverse Company Condense Raises $4.5 Million to Accelerate VR Streaming Adoption

Condense, a Bristol, England-based metaverse company that produces technology to allow the streaming of events to virtual reality apps, has raised $4.5 million in its most recent seed round. The round, which was led by Localglobe, 7percent Ventures, and Deeptech Labs, gives Condense funding to deepen its relationship with artists, labels, content creators, and metaverse…
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The Power of Loyalty Points and the Importance of Getting Them Right – Dennis Jarvis, CEO of Bitcoin.com

Prominent DeFi projects such as Uniswap, Curve, Aave, and MakerDAO declined in ETH terms since at least Q1 2021. Some see this as a fundamental failing of DeFi protocols to capture value and an inability to create moats. There are questions whether the composable and open nature of crypto prevents sufficient moats from being made…
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Central Bank of Honduras Warns About the Dangers of Using Cryptocurrency

The Central Bank of Honduras has published a release that seeks to clarify the stance the institution takes about the use of cryptocurrencies in the country. The organization states that even with the popularity such instruments have attained in other countries, cryptocurrencies have no backing of any sort, and are also affected by high levels…
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If Ethereum Splits, Leading Exchanges are ‘Likely’ to List ETHPoW Token – BitMEX

A potential Ethereum (ETH) PoW split chain may continue to function but would have substantial issues to resolve along the way, according to the research team of the major crypto exchange BitMEX…. Read More: If Ethereum Splits, Leading Exchanges are ‘Likely’ to List ETHPoW Token – BitMEX  Read more »Pay, Trade, Buy Bitcoin with Credit…
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Bitcoin and Ethereum Trend Lower, FIL Trims Gains

Bitcoin price struggled to stay above the USD 24,000 resistance. BTC dipped and traded below the USD 23,500 level. It is currently (11:54 UTC) trading just below USD 23,250 and is down over 2% in a day and up 3% in a week. Similarly, most major altcoins might accelerate their downside correction. ETH declined below…
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HNT’s Price Largely Unmoved By Helium’s ‘Users’ Controversy

The price of helium (HNT), the native token of Helium, a developer of a “decentralized wireless infrastructure,” seems to be moving together with the market despite the recent reports suggesting that the project promoted fake partnerships with two major tech companies who say they are not collaborating with Helium’s parent company. Since July 29, when…
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Coin Race: Top Winners/Losers of July; Ethereum & Ethereum Classic Win the Month

June 2022 is behind us, and it seems that there were fewer avalanches for traders and investors to live through during this crypto winter month than the one that preceded it…. Read More: Coin Race: Top Winners/Losers of July; Ethereum & Ethereum Classic Win the Month  Read more »Pay, Trade, Buy Bitcoin with Credit Card

Jewelry Giant Tiffany & Co to Sell CryptoPunk NFT Pendants for Ethereum

Crypto community members and Ethereum (ETH) advocates have given Tiffany & Co a mixed reaction after the luxury jeweller unveiled a range of CryptoPunks NFTs-themed gold and gem-encrusted pendants…. Read More: Jewelry Giant Tiffany & Co to Sell CryptoPunk NFT Pendants for Ethereum  Read more »Pay, Trade, Buy Bitcoin with Credit Card

Bitcoin miner capitulation due to end amid 1st difficulty increase since June

It may be as soon as August that miners start returning, and difficulty is already planning an uptick. Bitcoin (BTC) miners have been capitulating for almost two months, but an end to the squeeze could already be here. That was the conclusion from Blockchain infrastructure and cryptocurrency mining firm Blockware as it published its latest…
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