Category : CoinJournal

CoinJournal

Tezos price prediction: a look at XTZ and network metrics

Tezos (XTZ) price is down 2% this past week as cryptocurrencies struggle for direction. XTZ trades near $0.80 and risks declines to $0.65 if bears take control. However, network metrics suggest a resurgence in activity after recent upgrades &- w...

Coinbase makes special announcement for HNT, BLUR, ARB and four other altcoins

Crypto exchange Coinbase has listed 8 tokens accessible on Coinbase.com and mobile HNT, BLUR, ARB, EGLD, 00, AUDIO, LDO, ATA & are now tradable on Coinbase in Germany. Dogecoin continues to outperform the market after X news. Coinbase, the lead...

Alchemix, Connext eye bridge security with xERC20 token standard

Alchemix and Connext say the new token standard will benefit token issuers. DeFi bridges suffered exploits that saw over $2 billion stolen in 2022. Multichain bridge, which recently announced it was ending operations, is among those to be drained th...

Avalanche Foundation allocates $50M to new tokenization program

Avalanche Foundation wants to promote tokenization on Avalanche with the $50 million program. The tokenized assets initiative is dubbed Avalanche Vista. A recent survey report suggested 77% of capital markets participants believe in tokenization of...

Avalanche price prediction as it targets a $30 trillion industry

Avalanche has underperformed the crypto market in the past few weeks. Avalanche is now targeting the $30 trillion tokenization industry. Avalanche price remained under pressure as cryptocurrencies retreated. The AVAX coin retreated to a low of...

Bitcoin drops to $29k: will it dip further to the $25k support level?

Key takeaways Bitcoin dropped below the $29k level on Monday as the market sheds its recent gains. AltSignal’s stage two presale has now surpassed the $1.2 million mark. The cryptocurrency market has been underperforming in recent weeks....

Ducati announces NFT debut on XRP Ledger

Ducati will debut its digital collectibles on the XRP Ledger. The Bologna-based motorcycle company will work with NFT PRO on this project. XRP Ledger is a decentralised public blockchain that uses XRP as its native cryptocurrency. Ducati, a Bologna...

Venom blockchain surpasses one million registered wallets in three months

Key takeaways The Venom blockchain has reached one million registered wallets within three months. The Venom Foundation is focused on making the adoption of blockchain technology mainstream. The Venom Foundation announced on Tuesday, July 25th,...

Xandeum, the L1 with Scalable Storage Layer, Announces Grand Launch on July 30

Las Vegas, Nevada, July 25th, 2023, Chainwire Xandeum, a trailblazing blockchain startup committed to accelerating humanity’s transition to decentralized control, announces its highly anticipated launch on July 30, 2023, at 11:00 am PT. Leverag...

Top meme coin pumps on X speculation: Does this impact Shiba Memu?

Dogecoin price rallied to above $0.076 on Tuesday, a day after Elon Musk’s Twitter rebranded to X. Shiba Memu (SHMU) presale on the other hand has seen $1.14 million raised so far amid huge interest in meme tokens. The launch of the Shiba Memu...

Gnosis price outlook after the 7 days plunge: is Chancer a better option?

The Gnosis (GNO) token has lost 22.5% in the past year. While some predict that GNO has hit the bottom, it has dropped by 2.5% in the past seven days. As Gnosis drops, a new decentralized prediction market token called CHANCER is gaining traction....

Dogecoin up 4% as X payments speculations return

Key takeaways DOGE is outperforming the other major cryptocurrencies, up by 4% in the last 24 hours. The positive performance comes as speculations return that DOGE could become a payment option on X (Twitter). DOGE outperforms the broader mark...

Fidelity is bullish on Ethereum for the long term

Fidelity likes Ethereum as burn rate now exceeds issuance. ETH continues to be the largest holding in investors’ portfolios. Ether is currently up more than 50% versus the start of the year. Ethereum is already up more than 50% for the year a...

Crypto price outlook: BNB, Dogecoin

Cryptocurrencies traded largely lower today, with Bitcoin dipping to below $29k. BNB moved above XRP although bulls need to keep prices above $330 to keep bears at bay, otherwise it could dump to $220 or lower. Dogecoin spiked as Twitter rebranded t...

Caldera brings decentralized sequencing to OP stack with Espresso

Caldera developers can leverage Espresso Sequencer for greater scaling and decentralisation. The rollup-as-a-service (RaaS) platform recently partnered with Manta Network and SupraOracles. Caldera, a rollup-as-a-service (RaaS) platform, and blockch...

Crypto investment products saw minor outflows of $6.5M last week – CoinShares

About $6.5 million flowed out of funds tracking different cryptocurrencies last week. Bitcoin recorded $13 million in outflows, while Ethereum benefited from XRP-driven sentiment to record $6.6 million in inflows. The minor outflows follow 4 consecu...

Ethereum price prediction: Fed and options expiry in focus

Ethereum price drifted downwards as demand for the coin waned. Focus shifts to the upcoming Fed interest rate decision. Ethereum will have options expiry on Friday. Ethereum price retreated to the lowest level since July 7th as demand for cry...

Crypto projects raised over $200M last week, with Chancer’s presale closing in on $1M

Key takeaways Cryptocurrency projects raised $201 million from VC firms last week. Chancer’s presale is currently ongoing, and the project is close to hitting the $1 million mark.& The cryptocurrency market is starting the week in a...

Vladimir Putin signs Russia’s digital ruble bill into law

The digital ruble bill was passed by the lower and upper parliaments before the president signed it into law. Russia is following in the footsteps of its neighbour, China, which is way ahead with its digital Yuan project. The use of the digital rubl...

Bitcoin touches $29k as liquidations hit $150 million

Bitcoin price fell to lows of $29,000 across major exchanges as liquidations rose 203% in 24 hours. Total rekt positions was more than $150 million, with $124 million being longs. The volatility saw over 50,000 traders liquidated in the past 24 hour...

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