Crypto news

The cryptocurrency exchange BitMEX announced that it had extended its collaboration with one of the most successful Italian soccer teams – AC Milan.  This could be considered another proof that the company continues its recovery following the prolonger bear market last year when it laid off employees and saw its CEO resigning from his post. Renewing the Partnership BitMEX disclosed that it has transitioned to a Premium Partner of AC Milan according to the new terms. The...

On-chain analysts at CryptoQuant have confirmed previous rumors that the United States government has sold another large batch of Bitcoin (BTC) connected to the defunct darknet marketplace, Silk Road.  In a report shared with CryptoPotato, the firm said that the firm sold 8,200 BTC from Silk Road hacker James Zhong on July 12. This was slightly under previous estimates, indicating that the government had moved roughly 9,826 from its known wallets. It’s also less than the...

[PARIS] – July 17, 2023 – During ETHCC23, Neon EVM launched on the Solana Mainnet to help close the gap between the different programming, computing, and memory models of Ethereum and Solana, bringing a low-friction solution to allow EVM dApps to settle to Solana. The Neon EVM program is a smart contract on the Solana blockchain. It accepts wrapped Ethereum-like transactions and processes them on Solana. Previously, when EVM dApps wanted to leverage low-cost...

The landmark victory for Ripple in its lawsuit against the U.S. Securities and Exchange Commission (SEC) may have ignited a bull market for neighboring altcoins, according to a recent report from CryptoQuant. The crypto market intelligence firm provided a series of stats reflecting growth in altcoin market activity over the past week, versus relative stagnancy within the Bitcoin (BTC) and Ethereum (ETH) markets. The Return of Alt Season When analyzing price performance based...

Influential figures such as heads of global funds, government officials, investors, business owners and promising startups come together in Dubai to shape the future of cryptocurrencies and Web3 at the 11th International Blockchain Life Forum on October 24-25 in Dubai, Festival Arena. Watch the epic trailer of the event: https://youtu.be/WCC_w90THWs The event remains as a meeting point for Crypto Whales, attracting over 7,000 visitors from 120 countries. Attendees...

A new crypto bill designed to at least create a basic framework for crypto regulation in the United States has been submitted to Congress for review and subsequent approval. Is Regulation in the U.S. Getting Stronger? The 162-page draft bill was introduced by House Financial Services Committee chair Patrick McHenry, a republican from North Carolina, and House Agriculture Committee chair Glenn Thompson, a republican from Pennsylvania (leave it to the republicans to...

[unable to retrieve full-text content]CoinspeakerJohnson & Johnson Reports Better than Expected Q2 2023 Earnings, JNJ Shares Up Slightly The pharmaceutical segment reported the highest sales with about $13.71 billion, followed by MedTech with a total sales of about $7.78 billion, and the remaining accrued from the consumer health segment. Johnson & Johnson Reports Better than Expected Q2 2023 Earnings, JNJ Shares Up Slightly

David Duong – head of research at Coinbase – says in a new report that blockchain could potentially aid in the many problems already coming about in the artificial intelligence (AI) arena. David Duong on Blockchain and AI In the report, Duong said: As applications within AI and blockchain mature, the disruptions these technologies represent may lead to areas of collaboration and the emergence of new use cases for crypto to help address specific societal challenges...

[unable to retrieve full-text content]CoinspeakerAmerican Airlines Raises Earnings Outlook for 2023 as Travel Demand Soars The report noted that American Airlines’ second-quarter performance exceeded Wall Street expectations. American Airlines Raises Earnings Outlook for 2023 as Travel Demand Soars

Recently, the market has been relatively uneventful, with Bitcoin’s price showing slight volatility but lacking a clear direction. This uncertainty has left traders puzzled about what the next move might be. However, if Bitcoin’s price breaks above the $30K resistance region, there might be a positive turn, leading to a potential long-term uptrend. Bitcoin Price Analysis By Shayan The Daily Chart Taking a closer look at the daily chart, a bearish double-top pattern is visible...