More Than $40 Million of Digital Yuan Has Been Scattered By China in Red Envelopes, As Per Reports
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Teresa Bach
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July 11, 2021
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Blockchain
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0 Comments
China, which has seemingly the most developed computerized money project among driving countries, has so far distributed more than $40 million in red envelopes with advanced Yuan. The special mission for the CBDC is at present centered around five significant urban areas, considering their provincial advancement needs.Beijing parts with 269 Million Yuan in Digital CurrencyChinese Authorities are quickly pushing ahead …
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Binance news, Circle plans to go public, and bullish crypto comments: Hodler’s Digest, July 4–10
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Teresa Bach
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July 10, 2021
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Altcoin News
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0 Comments
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link.Top Stories This Week US financial regulator FinCEN hires its first-ever chief digital currency adviserThe United States Financial Crimes Enforcement Network, …
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Is this the most annoying — or valuable — man in DeFi? Chris Blec – Cointelegraph Magazine
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Teresa Bach
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July 8, 2021
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Altcoin News
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0 Comments
Even Chris Blec’s biggest supporters acknowledge he can be as subtle as a sledgehammer when he’s pushing for transparency from DeFi projects on Twitter.The founder of DeFi Watch puts noses out of joint across the industry — whether he’s hammering Polygon for putting billions in the hands of two developers with admin keys or criticizing Rari Capital for being run …
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Ethereum Tops Near $2,400, Indicators Point Another Bearish Wave
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Teresa Bach
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July 8, 2021
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Ethereum
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0 Comments
Ethereum started a fresh decline after it failed to surpass $2,400 against the US Dollar. ETH price could decline further if it fails to stay above the $2,250 support. Ethereum is slowly moving lower below the $2,300 support zone. The price is now trading below the $2,280 support and the 100 hourly simple moving average. There was a break below …
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Bitcoin Consolidates Below $35K, What Could Trigger Fresh Rally
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Teresa Bach
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July 7, 2021
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Bitcoin
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0 Comments
Bitcoin price is holding gains above the $33,000 support zone against the US Dollar. BTC could start a fresh increase as long as it is above the $33,000 zone. Bitcoin corrected lower, but the bulls remained active above the $33,000 zone. The price is now trading just below the $34,500 support and the 100 hourly simple moving average. There is …
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Rootkit is Creating UpTokens: Begin Preparations to compete in the ETH Global Hackathon
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Bobby Simmons
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July 5, 2021
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Blockchain
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0 Comments
As the decentralized finance (DeFi) market increasingly takes shape and drives the crypto market, more innovative projects are evolving every passing day. One such project is Rootkit Finance, which is creating a new class of tokens known as UpTokens. The creation of these innovative tokens will play a vital role in helping Rootkit compete favorably in the upcoming ETH Global …
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‘Make or break’ for Bitcoin, Binance under pressure, Strike attacks Coinbase
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link.Top Stories This Week Bitcoin mining difficulty just fell by a record 28% — but will this help prices recover?Bitcoin has …
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Gajesh Naik, 13, manages a fortune in DeFi – Cointelegraph Magazine
At 13, it is hard to believe that anyone can understand the potential — and responsibility and danger — of holding private keys to half a million dollars while living life as a normal seventh-grader in India.What makes the case of Gajesh Naik, the 13-year-old decentralized finance (DeFi) wunderkind from Goa, so unique is that while he can design a …
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Why Ethereum (ETH) Key Indicators Suggest Fresh Drop Below $2K
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Rudolph Harmon
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July 2, 2021
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Ethereum
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0 Comments
Ethereum failed to stay above $2,100 and it is now moving lower against the US Dollar. ETH price is likely to continue lower and it could even break $2,000. Ethereum started a fresh decline from well above the $2,200 support zone. The price is now trading below $2,100 and the 100 hourly simple moving average. There was a break below …
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Bitcoin Price Reaches Key Support, Why BTC Could Start Fresh Increase
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Eric Guerr
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July 2, 2021
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Bitcoin, Crypto, News
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0 Comments
Bitcoin price is correcting gains from well above $35,000 against the US Dollar. BTC is approaching a major suppot near $32,350, where the bulls might take a stand. Bitcoin started a downside correction from the $36,650 zone. The price is now trading below $34,500 and the 100 hourly simple moving average. There is a key bearish trend line forming with …
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