‘Uptober’ builds strength as Bitcoin held on exchanges falls to 6-year low

BNB Chain ecosystem participants are set to have access to Google Cloud services in a newly formed collaboration. 518 Total views 11 Total shares Binance’s smart contract blockchain platform BNB Chain has partnered with Google Cloud to bolster Web3 and blockchain startups.Startups that are currently building products and services on the BNB Chain blockchain will…

''Get your shit together!" said Cardano founder Hoskinson to developers behind the two projects. 1312 Total views 6 Total shares The ongoing drama between two projects built on the Cardano (ADA) blockchain escalated across multiple social media platforms Monday, much to the dismay of the ADA community.The issues began in April when accelerator program CardStarter…

Analysts believe reporting requirements may compel Tesla to announce a paper-drawdown of between $25 million and $100 million on its $1.5 billion Bitcoin bet. 561 Total views 4 Total shares Bitcoin’s second-quarter price battering has pundits speculating that Tesla may have to report a loss of up to $100 million for Q2.With the price of…

The latest report from Glassnode Insights, titled "The Week On-Chain," emphasized that Bitcoin (BTC) has reached historically low levels of volatility. This has led to a mere 2.9% separation between the asset's Bollinger Bands, indicating an exceptionally narrow trading range. This situation has only been observed twice in Bitcoin's history: in September 2016, when BTC traded…

South African authorities are the latest to warn against using Binance, saying the exchange is not authorized to operate in the country. 233 Total views 8 Total shares South Africa’s Financial Sector Conduct Authority (FSCA) has warned the country’s public against dealing with crypto exchange platform Binance.In a statement issued on Friday, the FSCA stated…

Ethereum co-founder Vitalik Buterin previously admitted that centralization is one of Ethereum’s main challenges, which could take 20 years to solve. 113 Total views 1 Total shares The rise of Ethereum staking since major network upgrades, Merge and Shanghai, has come at the cost of higher centralization and lower staking yields, a new report by

Last week, the World Economic Forum (WEF) published a major new blockchain deployment toolkit designed to help governments, enterprises and organizations worldwide to develop more resilient value chains going forward after the COVID-19 crisis. The toolkit’s authors believe that the case for blockchain implementation is stronger than ever in the wake of the pandemic and has…

Bitcoin could be preparing an attack on liquidity at the $72,000 BTC price resistance line as the European Central Bank enacts its first interest rate cut in four years.

Bitcoin may still be trading above $60,000, but network fundamentals are already showing the strain as BTC price gains fail to materialize.