Cointelegraph spoke to VCs to find out which sectors they’re currently interested in, as investments increased in Q2. Source: https://cointelegraph.com/news/crypto-vc-l2-interoperability-ai?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Month: August 2024
Ethereum Technical Analysis: Indicators Signal Caution for Ether as Bears Maintain Control
Ethereum’s price on August 19, 2024, stands at $2,582, with a 24-hour intraday range of $2,572 to $2,681. The cryptocurrency recorded a trading volume of $9.5 billion, contributing to a market capitalization of $310 billion. Despite these figures, ethereum’s technical indicators reveal a bearish outlook, signaling caution for traders. Ethereum Ethereum’s daily chart paints a […] Source: https://news.bitcoin.com/ethereum-technical-analysis-indicators-signal-caution-for-ether-as-bears-maintain-control/
Polychain leads $6.7M investment in new Bitcoin-centric yield network Corn
Corn aims to unlock more of Bitcoin’s $1.1 trillion liquidity for DeFi applications. Source: https://cointelegraph.com/news/polychain-invests-bitcoin-defi-corn-network?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
ParaSwap launches intent-based protocol to curb MEV attacks
Popular MEV attacks, such as sandwich transactions, have netted attackers nearly $17 billion in the past 30 days. Source: https://cointelegraph.com/news/paraswap-launches-intent-based-protocol-mev-attacks?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Ether’s price drop due to investor sentiment, not $420M ETF outflows: Nansen
Ether price is subdued by a lack of risk appetite among investors, caused by wider macroeconomic conditions. Source: https://cointelegraph.com/news/ether-price-drop-investor-sentiment-etf?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Seven Casino Unveils Next-Generation Digital Platform
PRESS RELEASE. Seven Casino, the trailblazer in online gaming, is thrilled to announce the official launch of its groundbreaking digital platform, setting a new standard for the online casino industry. With its cutting-edge technology, unparalleled user experience, and an expansive selection of games, Seven Casino is poised to revolutionize the way players engage with online […] Source: https://news.bitcoin.com/seven-casino-unveils-next-generation-digital-platform/
Strategic blockchain investments by HTX Ventures: A mid-year analysis
HTX Ventures’ 2024 Half-Year Investment Report reveals targeted investments in BTCFi, multichain infrastructure and user experience, which aim to unlock Bitcoin’s potential in DeFi and enhance blockchain interoperability. Source: https://cointelegraph.com/news/strategic-blockchain-investments-by-htx-ventures-a-mid-year-analysis?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Telegram Game ‘Catizen’ Partners with HashKey Group for Joint Airdrop
Feline-themed Telegram game Catizen has partnered with the HashKey Group, in a collaboration it says will lead to an airdrop for players. Catizen, which competes with other tap-to-earn Telegram games such as Hamster Kombat and Notcoin, is built on The Open Network (TON). Catizen’s developer, Pluto Studio, claims the game has 26 million users. In an announcement, HashKey Group, a…
Bitcoin Technical Analysis: BTC Faces Continued Downward Pressure
As of August 19, 2024, bitcoin is trading at $58,061, with a 24-hour intraday range between $57,918 and $60,191. The crypto asset saw a trading volume of $20.7 billion and maintains a market capitalization of $1.14 trillion. Multiple timeframes reveal a sustained downtrend, with key resistance levels holding firm and technical indicators signaling weak buying […] Source: https://news.bitcoin.com/bitcoin-technical-analysis-btc-faces-continued-downward-pressure/
Ether price drops 26% since ETF launch as supply increases by 60,500 ETH
The US Ether ETFs generated over $420 million worth of selling pressure for the world’s second-largest cryptocurrency. Source: https://cointelegraph.com/news/ether-price-drops-24-despite-us-etf-launch?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound