BTC reclaims $69K, derivatives signal additional upside

The funds from EduDAO will be used for research, education and entrepreneurship in Web 3.0 technologies among the world's top universities. 1125 Total views 38 Total shares On Thursday, BitDAO, one of the world's largest decentralized autonomous organizations with over $2.5 billion assets under management and its partner Mirana Ventures, announced the creation of EduDAO…

U.S. Representatives Patrick McHenry (R-NC) and Warren Davidson (R-OH), have encouraged Bitcoin (BTC)-powered innovation on the Bitcoin white paper’s 11th birthday.U.S. policymakers should not attempt to deter Bitcoin’s techU.S. congressman McHenry, who represents North Carolina’s 10th District, urged that American authorities should not stifle the new technology in a tweet on Oct. 31.According to the…

The latest craze in the DeFi sector is a new yield farming protocol called Yam which promises ‘equal opportunity’ staking with no premine, no founder shares, and a zero value token at launch.The experimental Yam Protocol is the talk of Crypto Twitter right now — with many excited about the big potential returns, while others…

Internet of Things (IoT) blockchain network Helium could transition to the Solana blockchain following a new HIP 70 governance proposal launched on Aug. 30. The Helium core developers said the need to “improve operational efficiency and scalability” was required in order to bring “significant economies of scale” to the network. The Helium network operates by users…

Major brands like Gucci are mulling whether to create nonfungible tokens based on their wares. 951 Total views 11 Total shares Fashion giants may be the next globally recognized brands to enter the expanding NFT metaverse.According to Vogue Business, several premium fashion houses are moving closer to releasing their own nonfungible tokens.The move follows the…

Down in Bogotá, cryptocurrency adoption is raging on. Colombia’s tax authority, the DIAN, (Dirección de Impuestos y Aduanas Nacionales de Colombia) has begun to catch up. It seeks to take “special measures” to crack the whip on cryptocurrency tax avoiders. In a statement released on January 28th, the DIAN stated that it would attempt to better regulate…

Thursday, July 11 — major cryptocurrency markets are trading in the red zone, with just a few coins reporting moderate gains, according to Coin360.Market visualization courtesy of Coin360The leading cryptocurrency Bitcoin (BTC) has continued coming down after yesterday;s sharp drop to trade at around $11,740 as of press time. The coin has lost 4.39% over the…