Solana prepares for possible ‘sizable’ move after defending $120 support
SOL price bounced off the $120 support multiple times since April, leading traders to believe that the current market recovery will lead to an explosive rally.
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Lebanon to launch digital currency in face of economic and financial turmoil
Lebanon's central bank governor says the country, whose lira has been in freefall, is preparing to launch a digital currency in 2021. 800 Total views 17 Total shares Lebanon’s central bank plans to launch a new digital currency in 2021 as part of a broader effort to combat a parallel economic and financial crisis that…

UK Gambling Commission charges Sorare for unlicensed facilities
The French website offers NFTs for fantasy sports team competitions and as collectibles.

German crypto bank Nuri with 500K users files for insolvency
Nuri, a German start-up crypto bank with 500,000 customers filed for insolvency on Aug. 9, citing major crypto sell-offs, insolvency of Celsius and other crypto funds earlier this year as a reason for the move. The crypto bank said the move will “ensure the safest path forward” for all its customers, but also stressed that the…

Report: USDC Volume Collapsed in May Despite Market Recovery
A June 5 report compiled by CryptoCompare and shared by BitMEX Research shows that a positive trend in cryptocurrency exchange volumes began in 2020, though USD Coin's (USDC) market share plummeted in May.The report analyzed exchange volume trends in 2020, taking into account both spot and derivatives. As Cointelegraph previously reported, derivatives and especially options…

Elon Musk reportedly building ‘Gigafactory of Compute’ for AI
Musk recently said he expected xAI to catch up to OpenAI and DeepMind Google by the end of 2024.

US jobs data points to likely rate cut in December — Grayscale
Interest rate cuts, increases in the M2 money supply, structural deficits, and geopolitical tensions typically drive Bitcoin's price higher.

6 questions for Goggles Guy who ‘saved’ crypto with question to Trump
“The guy in the goggles” tells Cointelegraph about his single question to Trump that helped turn around crypto’s fortunes in the U.S.

Vitalik Buterin slams celebrity memecoins
Buterin responded to a post about Iggy Azalea's MOTHER token potentially leading the celebrity crypto trend towards sustainable value creation.