Bitcoin price rally to $65K fueled by ‘complete exhaustion’ from sellers — Glassnode

Galaxy Digital founder and CEO Mike Novogratz was unfazed by the firm’s $175.8 million loss as he emphasized the importance of digital asset adoption. 603 Total views 108 Total shares Mike Novogratz’s crypto investment firm Galaxy Digital Holdings has posted a second-quarter loss of $175.8 million. The figure provides a stark contrast to the firm’s…

In terms of adoption and TVL, layer-2 scaling solutions continue to lead the cryptocurrency industry by a wide margin. 240 Total views 13 Total shares Hybrid computing platform Boba Network has joined the “crypto unicorn” rankings after raising $45 million in Series A funding, underscoring the investment appeal of Ethereum layer-2 scaling solutions. The funding round…

Bitcoin’s short-term holder realized price rose to $63,729, suggesting a definitive breakout above the $70,000-level next.

The Release project says its blockchain-powered platform can solve logistical challenges for the agriculture and fishing industries. 862 Total views 20 Total shares Release, a blockchain-powered social commerce platform, has announced on July 12 that its platform is ready to transform the agriculture and fishing industry.The agriculture and fishery industries have a huge potential to…

Modular blockchains might lead to a poor user experience, but — unlike Solana — they remain functional even during periods of high demand.

The S&P 500 Index is nearing its all-time high, but Bitcoin is struggling to rise above $60,000, pointing to further underperformance in the near term.

David Marcus, CEO of Facebook’s crypto wallet Calibra, underlined that Facebook would not launch the Libra cryptocurrency project before they address all regulatory concerns. Marcus delivered his comments at a hearing on Libra with the Financial Services Committee of the United States House of Representatives today, July 17, as reported by a Cointelegraph correspondent.On the…

The Iota Foundation joined Dell along with ClimateCHECK and BioE to fight climate change using real-time carbon footprint data. 161 Total views 2 Total shares Iota Foundation, a non-profit distributed ledger technology ecosystem provider, partnered with tech giant Dell Technologies to develop a data-driven solution for the real-time tracking of carbon footprints. Edge solutions from Dell…

Throughout 2020 a handful of new stablecoins launched and many analysts have suggested that stablecoin growth is the backbone of the crypto sector and partially responsible for the current Bitcoin rally.For many traders, stablecoins provide a safe place to shelter during volatile periods in Bitcoin and altcoins but there are other ways to interact with…