Bitcoin selling pressure to ease? M2 money supply flips positive

Social media sentiment for Bitcoin has slumped to a two year low yet technical indicators are still saying ‘buy’ A number of metrics indicate that social and trading sentiment for Bitcoin is still low despite its price breaking above $11,000 a couple of hours ago.On-chain analytics provider, Santiment has revealed that weighted social sentiment for…

According to blockchain investigator Packshield, the hacker used a previously withdrawn pledged NFT from the Bored Ape Yacht Club (BAYC) collection as collateral to drain the assets. 161 Total views 14 Total shares XCarnival, a liquidity provider for the Ethereum ecosystem, recovered 1,467 Ether (ETH) just a day after suffering an exploit that drained 3,087…

The Federal Government of Nigeria, through the Ministry of Communications, Innovation and Digital Economy, has entered into a partnership with a UK-based computing education charity, Raspberry Pi Foundation, to launch Code Clubs across Nigeria.The initiative is crafted for students aged 7 to 17, and the Code Clubs represent a series of extracurricular artificial intelligence (AI)

According to a former employee, an internal team at BlockFi raised concerns about the borrower pool being too concentrated among crypto whales, such as Three Arrows Capital and Alameda. 346 Total views 2 Total shares Own this piece of crypto history Collect this article as NFTFollowing BlockFi’s Chapter 11 bankruptcy filing at the United States…

If fully vested, it would be a $627.5 million investment into zero-knowledge technology at today’s MATIC price. 1856 Total views 28 Total shares Ethereum scaling solution Polygon has announced it will dedicate a maximum of 250 million MATIC tokens ($627.5 million) to a deal with zero-knowledge cryptography startup Mir.Zero-knowledge algorithms enable external validators to verify…

The Consolidated Audit Trail would gather a monumental amount of data, and more than it is meant to when it exposes the identity of crypto wallet holders.

While tens of millions worth of crypto were donated to Ukraine in the last year, pro-Kremlin groups have also leveraged digital currencies to buy military supplies and spread propaganda. 121 Total views 8 Total shares Own this piece of history Collect this article as an NFTIn the Russia-Ukraine war, both sides of the conflict have…

The Canadian central bank would be a better steward of financial data than private stablecoin issuers, according to one deputy governor. 1482 Total views 13 Total shares The Bank of Canada is pushing ahead with digitizing its currency.In a speech today, BoC deputy governor Timothy Lane noted that the COVID-19 pandemic had accelerated the need to…

A new political action committee (PAC) supporting presidential candidate Andrew Yang is allowing donations in Bitcoin (BTC) via Lightning Network.The PAC, named Humanity Forward Fund (Humanity FWD), rolled out its Bitcoin-powered fundraising program, named “21 Days of Bitcoin for the 21st Century” on July 25, and will continue accepting Bitcoin donations until Aug. 14, according…