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Crypto Price Analysis July-21: ETH, XRP, ADA, SOL, and MATIC

This week, we take a closer look at Ethereum, Ripple, Cardano, Solana, and Polygon. Ethereum (ETH) Ethereum has shown indecision in the past week. This allowed sellers to take over the price action, which ended the week with a 5% loss. Despite this correction, the cryptocurrency remains above the key support at $1,820. The current resistance is found at $2,000. ETH tried several times to turn this key level into support, but buyers were not strong enough, and the price fell...

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Superblock Raises $8M for “Over Protocol,” a New Layer 1 Blockchain Focusing on Lightweight Full Nodes

[Press Release – Seoul, South Korea, July 21st, 2023] Superblock, a contributor to Over Protocol, has raised $8 million from prominent companies and VCs in South Korea across two funding rounds. Investors included SK, Netmarble, DSC, E&Investment, Schmidt, SpringCamp, and NaverZ. Ben (Jae-Yun) Kim, the founder of Superblock, said: “We are deeply diving into the South Korea market with the best local partners and looking to meet global partners accelerating us all over the...

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Coin Center Slams ‘Messy, Arbitrary, and Unconstitutional Approach’ of US Senate DeFi Bill

The bipartisan legislation introduced earlier this week – titled the Crypto-Asset National Security Enhancement (CANSEE) Act – that seeks to regulate the decentralized finance (DeFi) sector has caused quite a stir. Cypto advocacy groups are voicing objection to the bill arguing that such an approach would stifle innovation in the United States. Coin Center, for one, lashed out at the bill and called it a messy, arbitrary, and unconstitutional approach to DeFi. CANSEE: A...

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Jack Dorsey Backs BTC Fan Robert Kennedy Jr. for President

Jack Dorsey – the former head of Twitter – has put out a video suggesting he’s endorsing bitcoin-loving presidential candidate Robert Kennedy Jr. to assume nation-leading duties in the White House in 2025. Jack Dorsey is Pushing Robert Kennedy Jr. Not long ago, Dorsey put out a video on social media about the candidate and commented: Robert. F. Kennedy, Jr. argues he can beat Trump and DeSantis in 2024. He can and will. Kennedy entered the presidential race a few...

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