Bitcoin recovery fizzles, but SOL, DOT, NEAR and KAS could rally

July 7, 2024
The Last Cryptocurency
Cointelegraph Feed
Cointelegraph Feed

Buyers will need to keep Bitcoin above $53,500 to start a recovery in SOL, DOT, NEAR and KAS.

Given Silicon Valley Bank’s direct involvement in destabilizing USDC prices, CZ blamed banks for increasing the risks of stablecoins. 183 Total views 4 Total shares Own this piece of history Collect this article as an NFTThe death spiral of the Terra (LUNA) and TerraUSD (UST) ecosystem served as a catalyst to the 2022 bear market…

SEC issues first ever charges over phoney ‘insider information’ on darknet

The SEC has taken action against a Californian man for fraudulently offering insider stock trading tips on a darknet marketplace. 1695 Total views 15 Total shares The U.S. Securities and Exchange Commission has announced charges against California resident James Roland Jones in the first-ever enforcement action from the commission to target securities fraud on the…

Bitcoin traders set $80K short-term price target as DXY hits new highs

Bitcoin sweeps new 2025 lows as Treasury yields rise, and the strengthening US dollar Index forces crypto analysts to revise their short-term price expectations.

r/Wallstreetbets re-bans crypto discussions following Bloomberg article

Apparently r/Wallstreetbets doesn’t “bow to cryptocurrencies.” 4484 Total views 20 Total shares r/Wallstreetbets, or WSB, a subreddit famous for organizing a pump for Dogecoin (DOGE) and the GameStop short squeeze, is enacting a crypto discussion ban after officially allowing the topic for a single day.Subreddit moderator u/bawse1 announced Thursday that WSB has now banned crypto discussions…

Symbiotic raises $29M for staking-based universal coordination layer

Cryptocurrency staking protocol Symbiotic closed a $29 million Series A funding round led by Web3-focused investment firms, including Pantera Capital and Coinbase Ventures, to support the launch of a new economic coordination layer for blockchain security. The round included more than 100 angel investors, with participation from major industry players including Aave, Polygon and StarkWare

Tribulations and triumphs: The biggest surprises in crypto of 2022

2022 saw the fall of many linchpin crypto and blockchain firms as the May market drawdown shook the industry. It caused many cryptocurrencies to lose value and many investors to pull their money from the market. Furthermore, the unprecedented knock-on effects of the meltdown exposed many blockchain and cryptocurrency firms that were ill-prepared for turbulent…

Trump plans executive order making crypto a national priority: Report

The executive order would instruct regulatory agencies to work with the industry and create a crypto council to represent the industry, according to people familiar with the plans.

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3 reasons why Bitcoin won’t be ‘boring’ in September

While Bitcoin failed to close above the $60K psychological level on the weekly chart, the long-term holders (LTHs) continue to adopt a bullish strategy in 2024.

Canadian taco franchise uses NFTs for customer loyalty program

A Canadian restaurant franchise is putting their customer loyalty program on the blockchain through a new Tenacious Tacos NFT collection. 577 Total views 7 Total shares With 19 locations across Canada and a plan for expansion into the United States, this $6 million taco franchise wants to capitalize on their growing customer base. The collection,…

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