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Bitcoin
NFT Trading Is Ice Cold But Developers Are Still Hot for Web3
This week, new reports were released that point to a major slowdown in NFT trading. Plus, Etihad Airways will soon let its community of frequent fliers stake NFTs for miles.
Biggest Movers: SHIB Surges to 3-Month High to Start the Weekend
Shiba inu was a notable gainer during Saturday’s session, as the meme coin climbed to a three-month high. The move comes as traders continue to react to Binance’s decision to approve the coin as a collateral asset, in addition to the…
Bitcoin, Ethereum Technical Analysis: BTC, ETH Extend Declines on Saturday, as Markets React to…
Bitcoin started the weekend trading below the $29,000 level, as markets continued to react to the latest U.S. nonfarm payrolls (NFP) report. 187,000 jobs were added to the economy in July, less than the 200,000 markets had expected.…
INSR Token to be Listed on MEXC Global Exchange on August 7
PRESS RELEASE. MEXC is excited to inform that the revolutionary cryptocurrency INSR Token, aimed at providing secure investments on decentralized pre-sale platforms, will be officially listed on the MEXC Global Exchange on August 7. This…
Worldcoin Confirms Kenya ID Verification Pause
The CEO of Worldcoin’s founding entity confirmed on Aug. 2 that his organization has paused “World ID verifications in Kenya” and will attempt to address concerns raised by authorities. Kenya’s ICT Minister Eliud…
Base Opens Ethereum Bridge, Mainnet to Launch August 9
Base, the Ethereum L2 (layer 2) scaling layer backed by Coinbase, has opened bridging for selected assets from Ethereum. In a blog post, the protocol also announced that the Base mainnet deployment was slated for August 9, allowing free…
Venezuela Presents Official Request to Join BRICS
The government of Venezuela formalized its proposal to be part of BRICS, a geopolitical and economic bloc comprised of Brazil, Russia, India, China, and South Africa. Venezuelan President Nicolas Maduro explained that he hoped for a…
Binance Users Reach 150 Million, CZ Reveals
Registered users of Binance have hit 150 million, the crypto exchange’s founder and CEO, Changpeng Zhao (CZ), announced on social media. The milestone has been reached despite increased regulatory pressure on the world’s largest trading…
Economist Expects US Rating Downgrade to Accelerate De-Dollarization Process
Economists have warned about the adverse impact of Fitch’s U.S. rating downgrade on the dollar. One expects the downgrade to “accelerate” the process of de-dollarization globally. Another stated that it may be “a…
Coinbase Urges Court to Dismiss SEC Case, Claiming Regulator ‘Overstepped’ Its Statutory Authority
In a motion for judgment filed on August 4, Coinbase hit back against the SEC’s lawsuit alleging it facilitated unregistered trading of securities, arguing the agency lacks authority to regulate digital assets in this way.
Coinbase…