Bitcoin’s price has remained solid above $30K, with the bulls successfully defending this key level. However, the broader cryptocurrency market has seen consolidation without any major movements. Ripple’s XRP and Cardano’s ADA have both experienced a decline of about 9% this week. Key…
Stellar (XLM) Experiences Remarkable Surge, Fueled by Market Momentum and Technological Advancements Stellar (XLM) has recently outshined various altcoins in the market with a staggering 17% increase in value. This surge comes as a breath of fresh air for the crypto community, which…
Austrian authorities have extradited Milomir Desnica, the alleged administrator of the darknet market Monopoly Market, to the United States. Desnica, a resident of Serbia, is accused of running the site and facilitating $18 million in illegal drug transactions using cryptocurrencies. Monopoly Market was…
Compound Labs Files for Ethereum-Based Government Bond Fund Compound Labs executives have submitted a filing for an Ethereum-based government bond fund called ‘Superstate.’ This fund will use blockchain technology to maintain a secondary record of shareholders on the Ethereum blockchain. It does not…
Syscoin developer launches Ethereum-compatible Layer 2 network Sys Labs, the developer behind the Syscoin blockchain, has launched a “layer 2” network called Rollux. This network aims to provide cheaper and faster transactions by combining Ethereum-style programmability with Bitcoin’s security. Fidelity readies new spot…
Mastercard Launching Multi Token Network Mastercard is planning to launch a “Multi Token Network” in the UK in beta. This network will serve as an app store powered by blockchain technologies for building regulated financial applications. It will give developers access to tools…
Summary of the Content: Coinbase is seeking permission from the judge to file a motion for judgment and has proposed a seven-week timetable for the motion, the SEC’s opposition, and its own response to the opposition. Coinbase’s Chief Legal Officer (CLO), Paul Grewal,…
Seychelles-based crypto exchange KuCoin ramps up KYC policies KuCoin has announced an enhancement of its Customer Identification and Verification Program in response to increasing regulatory pressure on crypto exchanges. Starting from July 15, new customers will be required to complete KYC in order…
Bitcoin Price Continues to Rise, Long-Term Forecast is Bullish Cryptocurrency analysts at Coinidol.com report that Bitcoin (BTC) price has been steadily increasing, with buyers maintaining control over the $30,000 level. The bulls have successfully held the current support and even retested the recent…