Bitcoin price crumbles to $62K support, but derivatives metrics show bullish signs

Ask someone what an NFT is, and they'll instinctively think of digital art — the CryptoPunks, Bored Apes and Ether Rocks that have sold for eye-watering sums.In some circles, nonfungible tokens have been dismissed as a vehicle for speculation, with critics lamenting that demand for such assets is fueled by greed.But this argument doesn't give…

The Reserve Bank of India's ban on banks' dealings with crypto may be defunct but the institution remains apprehensive of — if not outright hostile to — cryptocurrencies. Its infamous circular directing banks to cease servicing crypto firms may have been overturned in the courts but India's central bank is showing no signs of softening…

Despite a nearly double-digit retraction in the combined capitalization of the security token sector, real estate tokens gain over 4% during April. Real estate tokens have continued to post a positive performance for investors, gaining an average of 4.27% during April while top securities tokens suffered losses for the month.The combined capitalization of security tokens…

Cross-chain or blockchain interoperability research could finally be reaping results, with multiple projects launching interoperability protocols this week. Ontology (ONT), Neo (NEO) and Switcheo have collaborated to launch the “heterogeneous interoperability protocol alliance” Poly Network, while the NEAR project has launched the Rainbow Bridge, connecting NEAR and Ethereum. Blockchains have long been seen as silos of data…

BCAT Africa 2022 aims to increase crypto awareness on the continent at a time when more Africans are turning to digital assets. 179 Total views 4 Total shares With a 1,200% increase in received crypto volume between 2020 and 2021, the accelerated adoption of digital assets in Africa has captured the attention of multiple companies…

A blockchain project developed to safeguard the integrity and accessibility of digital government records of national archives worldwide will soon present the results of a successful trial deployment in the United Kingdom, Estonia and Norway. The news was revealed in an official press release published on May 29.The project, named ARCHANGEL, involves the U.K. National…

The UNDP’s Universal Trusted Credentials will get its second trial in Cambodia. The plan is to create a 10-country ecosystem.

Blockchain firm HashCash plans to create a federated and sovereign digital identity architecture to be used in banking processes. Blockchain firm HashCash Consultants claims that banks are "chief arbiters" of people's identities, and need blockchain technology to do it better.According to an Aug. 11 announcement, “accurate identification of an individual is central to banking activities…