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How The Upcoming DAO Will Spearhead The Governance Process In PhoenixDAO
PhoenixDAO is launching a new generation DAO powered by the PhoenixDAO ecosystem that can potentially set an example for the capabilities of a DAO. It does not rely on any external funding as it will be using revenue generation from its flagship dApps and dApp store. Read More
Bitcoin Is Gold For The Modern World, And Fiat Is A Joke:
Ricardo Salinas Pliego, the third-richest man in Mexico, is backing Bitcoin. He cites Bitcoin as having “extraordinary properties” and his bank is working to be the first in Mexico to accept it. He believes fiat to be fraudulent, and that as a hard currency it is a joke. Read More
Federal Reserve Official Calls Tether A 'Challenge' To Financial Stability
Eric Rosengren, a senior official in the U.S. Federal Reserve identified Tether’s stablecoin, USDT, as a risk to the stability of the current monetary system. Read More
Biggest ever mining difficulty drop: 5 things to watch in Bitcoin this week
Bitcoin network fundamentals reflect the mass mining migration underway this month, but BTC price action still makes gains. Read More
Billionaire vows to spearhead Mexico’s first Bitcoin-friendly bank
Ricardo Salinas Pliego wants his bank to be the first in Mexico to accept BTC. Read More
UK financial watchdog orders Binance to halt 'regulated activity' in the country
The cryptocurrency exchange has until Wednesday to comply with a new notice from the Financial Conduct Authority. Read More
Ethereum Gas Fees are the Lowest They’ve Been in 6 Months
Bitcoin fees also fell overnight as demand for the cryptocurrencies continues to wane. Read More
Bitcoin's Hash Rate Recovers From China's Mining Crackdown
Though things are far from back to normal.
Ethereum Regains Strength, Why ETH Could Rally Above $2K
Ethereum started a fresh increase after the bulls defended $1,700 against the US Dollar. ETH price is likely to continue higher above the main $2,000 resistance.
Oracle Vinny Lingham Still Envisions $100K This Year if Bitcoin 'Continues to Hold $30K'
The former CEO of Gyft and the cofounder of the project Civic, Vinny Lingham has been called an ‘oracle’ at times for correctly predicting the future price of bitcoin. On various occasions all the way back to 2016, Lingham has made correct bitcoin price calls over the years. Even though bitcoin’s price has been lower in recent weeks after shedding over 40% in the last three months, Lingham has an optimistic outlook if “$30k continues to hold.” Read More
Boston Fed President Says the 'Exponential Growth' of Stablecoins Could 'Disrupt' Money Markets
Boston Federal Reserve president Eric Rosengren discussed stablecoins in a recent presentation on June 25. Rosengren stressed that stablecoins could be a “disruptor” to prime money market funds and the Boston Fed president remarked that the exponential growth of stablecoins is concerning. Read More
Strong Hands Accumulating Bitcoin in Massive Amounts, According to On-Chain Analyst Will Clemente
Closely-followed analyst Will Clemente says he’s seeing on-chain signals indicating that strong hands are aggressively buying the Bitcoin dip.
Clemente tells his 123,400 Twitter followers that in the past month, long-term holders have quietly accumulated massive amounts of BTC to offset the selling of short-term holders. Read More
Prominent Analyst Details Huge Upside Target for XRP, Says Crypto Asset May Be Bottoming Out Against Bitcoin
A high-profile analyst is doubling down on his massive XRP bet for this bull cycle even if the seventh-largest crypto asset is showing signs of uncertainty.
Pseudonymous analyst Credible Crypto tells his 220,700 Twitter followers that he believes XRP could be bottoming out against Bitcoin (XRP/BTC) as it finds support around 0.000015. Read More
El Salvador Will Be a Serious Test for Bitcoin's Layer-2 Networks
The adoption of legislation in El Salvador that could help foster the further development of bitcoin (BTC) as a store of value and medium of exchange in the country is one of the most important developments in the entire history of cryptocurrencies. This is the closest a country has ever come to adopting a bitcoin standard. That said, the US dollar is likely to remain the major unit of account in El Salvador for some time. Read More
Binance Responds to UK Exchange Service Restrictions
Binance responds to the U.K. financial regulator's warning.
The exchange clarified that BML is a separate legal entity from Binance.com.
Binance goes on to say that it has not yet launched its U.K. business. Read More
WHAT ARE NFTs? A FAD OR THE REAL DEAL?
To some, the cryptocurrency booming NFT market makes little sense at first glance. Nobody in their right mind would shell out millions of dollars for an NFT, yet this is happening almost every day. As it turns out, there is much more to NFTs than meets the eye, and some of these NFTs are only beginning to realize their fair valuations. Read More
Kinesis Roadmap Update:
With the great anticipation heading into the end of quarter releases, we wanted to provide a quick update to our community, in addition to the scheduled communication of the upcoming quarterly update. Read More
Disclaimer: These articles are provided for informational purposes only. They are not offered or intended to be used as legal, tax, investment, financial, or other advice.
