Larry Fink, Vorstandsvorsitzender von BlackRock, gehört nach einer jüngst getätigten Aussage zur Gruppe jener Akteure der traditionellen Finanzbranche, die ihre Einstellung über Kryptoassets radikal geändert haben – zum Positiven: In einem TV-Interview am 6. Juli bemerkte Fink, dass „Kryptowährungen, insbesondere Bitcoin, das Finanzwesen revolutionieren und als Absicherung gegen abwertende Währungen auf der ganzen Welt verwendet werden könnten“. Der als der „mächtigste Mann der Wall Street“...
Read More »Coinbase’s L2 Network Base Opens Mainnet for Builders
The team behind Base – an Ethereum Layer 2 chain built on OP Stack in collaboration with Optimism – said its mainnet is available for builders to deploy their products. The entity will release a “Genesis Builder” NFT to commemorate those who entered the ecosystem from the get-go. However, it has no intentions of issuing a network token. The Latest Step Base announced its testnet launch in February, which allowed it to connect with “incredible builders and have watched their...
Read More »NYC Mayor to Amend his Financial Disclosure Form After Failing to Include Crypto Holdings (Report)
Eric Adams – the mayor of New York City – has reportedly pledged to amend his annual financial disclosure form after failing to include his cryptocurrency stash. The former police officer is an outspoken proponent of bitcoin and received some of his salaries in BTC instead of fiat currency. Fixing the Mistake As reported by CNBC, Adams asked if he could correct the document filed with the Conflicts of Interest Board since he misunderstood one of the questions. Asked whether...
Read More »Bitcoin Slides Back to $30k Amid $245 Million in Liquidations
Bitcoin (BTC) quickly fell back to $30,000 on Friday as market hype surrounding the court’s recent ruling on XRP has begun to fade. The volatility has triggered $245 million in liquidations across the entire crypto market in the last 24 hours, according to CoinGlass. Most liquidations occurred across a combination of BTC, Ether (ETH), and XRP trades. XRP exploded 75% on Thursday after a judge delivered summary judgment in its lawsuit against the U.S. Securities and Exchange...
Read More »History in the Making with Ripple Scoring Massive Win in Court in XRP Security Case: This Week’s Recap
The past seven days will go down in history as the week when Ripple scored a massive win in court against the United States Security and Exchange Commission. In fact, the news is so important that it’s hard to talk about anything else. However, it’s worth mentioning that the entire market took to the skies following the development, and BTC is finally trading above $31K, while ETH is above $2K. Now, let’s dive into some specifics. More than three years ago, the SEC filed a...
Read More »Crypto Price Analysis July-14: ETH, XRP, ADA, BNB, and SOL
This week, we take a closer look at Ethereum, Ripple, Cardano, Binance Coin, and Solana. Ethereum (ETH) The market turned bullish yesterday, and Ethereum broke above $2,000. This allowed it to book a respectable 7% price increase this week. The momentum is bullish, and continuation seems likely. The current resistance is found at $2,120 and represents a local high achieved in April which is also the last time ETH broke above $2,000. A second attempt to break this key level...
Read More »Coinbase’s Layer-2 Network Base Unveils Mainnet for Developers before Public Launch
[unable to retrieve full-text content]CoinspeakerCoinbase’s Layer-2 Network Base Unveils Mainnet for Developers before Public Launch The Coinbase Base mainnet will allow developers to deploy applications on the Base platform. This mainnet includes two functioning block explorers and an official RPC node, which enables users to read data and send transactions. Coinbase’s Layer-2 Network Base Unveils Mainnet for Developers before Public Launch
Read More »Polygon Announces Proposal Upgrade for MATIC Tokens
[unable to retrieve full-text content]CoinspeakerPolygon Announces Proposal Upgrade for MATIC Tokens The proposed POL token is designed to operate seamlessly across all platforms, including Proof of Stake (PoS), zkEVM, and Supernets. Polygon Announces Proposal Upgrade for MATIC Tokens
Read More »Litecoin (LTC) Price Analysis: Key Breakout Resistance at $98
Litecoin is consolidating losses near the $96 level against the US Dollar. LTC price is now trading below $98 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $97.00 on the 4-hour chart of the LTC/USD pair (data feed from Coinbase). The pair could gain bullish momentum if it clears the $97 and $98 resistance levels. Litecoin price is showing positive signs above $92 against the US Dollar, similar to...
Read More »ConsenSys Unveils zkEVM Rollup Network ‘Linea’
Ethereum layer-2 ecosystem is heating up with the space seeing yet another entry by ConsenSys, an already established player in the industry. ConsenSys, the firm behind MetaMask, announced the launch of its layer-2 network – Linea – to the main Ethereum blockchain this week. It will soon begin onboarding partners as well. The new layer-2 scaling solution is a zkEVM rollup network leveraging zero-knowledge proofs while making it an Ethereum Virtual Machine (EVM) equivalent....
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Ethereum (ETH)
