Crypto market tumble seen as quick shakeout, traders expect 'bullish' rebound

Bitcoin (BTC) stayed rangebound at the July 28 Wall Street open despite further United States inflation data beating expectations.BTC/USD 1-hour chart. Source: TradingViewFed's "preferred" inflation metric points to waning pressureData from Cointelegraph Markets Pro and TradingView showed BTC price action getting only a modest boost from the Personal Consumption Expenditures (PCE) Index print.This came in…

The music industry is notoriously centralized, with major record labels often controlling nearly every facet of an artist’s career — from which songs they are allowed to release to what percentage of the royalties they keep and more. While the rise of streaming platforms like SoundCloud and Spotify has helped democratize the industry and made…

Data is becoming one of society’s most valuable resources. And yet, our existing approaches fail to unleash its massive intrinsic value. Why is this the case?The issue is that our data — who we are, and what is relevant about us — is defined and collected by corporations and governments. Consumers were alarmed to find…

Former FTX CEO Sam Bankman-Fried dreamed of being the President of the United States, but his lawlessness eventually caught up with him. 113 Total views 1 Total shares Sam Bankman-Fried was found guilty of all seven counts of fraud and conspiracy to commit fraud in the late hours of Nov. 2. The jury delivered its

And they’re out here absolutely schooling non-believers on why crypto is king. 978 Total views 7 Total shares A Canadian restaurant chain known for serving shawarma, hummus, and other Middle Eastern delicacies has dropped some serious truth bombs about why Bitcoin (BTC) is a better store of value than gold.In a series of tweets, Ontario-based…

Experts suggest that blockchain technology could have been a better solution for handling coronavirus-related data in Russia.Moscow’s COVID-19 App is pulled from Google PlayOn March 25, an app called “Social monitoring” appeared in Google Play store. According to the app’s description, it was designed for social monitoring as well as for providing access to emergency…

Kraken’s expansion of its custody services to the UK and Australia marks its first international venture, catering to institutional clients outside the US.

California-based crypto wallet service Abra will restrict some services for American users starting from August.Abra will have to enforce some system modifications due to continued regulatory uncertainty in the United States, according to a blog post on July 25. Notably, American users will no longer be able to hold a number of cryptocurrencies, including EOS…