Crypto news

[unable to retrieve full-text content]CoinspeakerBiren Intelligent Technology Exploring IPO amid Rising AI Hype As the IPO landscape evolves and market conditions change, it is possible that Biren’s plans may be subject to further adjustments. Biren Intelligent Technology Exploring IPO amid Rising AI Hype

[unable to retrieve full-text content]CoinspeakerJust Like Twitter, Threads Introduces ‘Rate Limits’ to Combat Bots Elon Musk reacted stating that Threads has been just copying Twitter at every end. Earlier this month, Twitter was the first to implement rate limits to prevent excessive scrapping of information by external organizations. Just Like Twitter, Threads Introduces ‘Rate Limits’ to Combat Bots

[unable to retrieve full-text content]CoinspeakerValkyrie’s Spot Bitcoin ETF: SEC Accepts Proposal for Review With the application on the SEC docket, members of the public will have 21 days to comment on Valkyrie's proposal. Valkyrie’s Spot Bitcoin ETF: SEC Accepts Proposal for Review

[unable to retrieve full-text content]CoinspeakerChina’s Largest Indebted Property Developer Evergrande Reports $81B Loss in Two Years As Evergrande grapples with its financial challenges, the company has been actively pursuing an offshore debt restructuring plan. China’s Largest Indebted Property Developer Evergrande Reports $81B Loss in Two Years

[unable to retrieve full-text content]CoinspeakerCelo Blockchain Preps to Transition to Ethereum Layer-2 Network as Token Jumps Nearly 10% The Celo blockchain currently seeks to transition from an independent layer-1 blockchain to an Ethereum layer-2 solution. Celo Blockchain Preps to Transition to Ethereum Layer-2 Network as Token Jumps Nearly 10%

[unable to retrieve full-text content]CoinspeakerEuro Stablecoin Market Set to Grow with Real-World Applications and Clear Regulations Meanwhile, the European Union has recently proposed a comprehensive regulation called the Markets in Crypto-Assets (MiCA). MiCA aims to offer legal certainty and consumer protection for crypto-asset issuers and service providers. Euro Stablecoin Market Set to Grow with Real-World Applications and Clear Regulations

ADA price is correcting gains from the $0.380 zone against the US Dollar. The price is now trading above $0.300 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support near $0.30 on the 4-hours chart (data feed via Coinbase). The price could start a fresh increase if it clears the $0.320 and $0.335 resistance levels. Cardano’s price is rising above $0.300 against the US Dollar, similar to Bitcoin. ADA price could resume...

Ethereum price is eyeing an upside break above the $1,950 resistance against the US Dollar. ETH price is now trading near $1,900 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support near $1,890 on the 4-hour chart (data feed from Coinbase). The pair could climb further if it stays above the $1,880 support zone. Ethereum price is consolidating above the $1,850 level against the US Dollar. ETH/USD could rise again if it...

Canadian law enforcement agents have reportedly arrested the 39-year-old Akil Heywood over allegations that he kidnapped, threatened, and beat Aiden Pleterski in December 2022. The latter supposedly orchestrated a crypto scam, draining over $40 million from investors. Records show that Heywood invested $740,000 with Pleterski, making him one of the countless victims. The alleged fraudster apologized in a recent video, vowing to “live on the bare minimum” to repay the conned...

Aave Companies announced the launch of the second iteration of Lens Protocol on July 17th, designed to serve as a social layer for Web3. The new version aims to bring even greater control to builders and integrators as well as people exploring Web3-powered experiences. The first version of Lens Protocol was purposely built and launched without a user interface. The V2, on the other hand, comes with a codebase that’s entirely rewritten, refactored, and optimized. Lens V2:...