[ad_1] Bitcoin (BTC) fell below $21,000 for the first time in eight days on July 26 as Wall Street prepared for a decision on United States' anti-inflation policy.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewFed jitters test market resolveData from Cointelegraph Markets Pro and TradingView showed BTC/USD ending a period of sideways action on the Wall Street open, hitting lows of $20,788 on Bitstamp.Against its highs of $24,280 on July 20, the
[ad_1] Subsequently, there are fears that Bitcoin prices will take longer to recover.Bitcoin (BTC) has been hovering around the $20,000 range for several weeks now after the coin lost over 60% of its value from its peak in November. The recent plunge wiped out over $600 million from its market cap and caused rising concerns of a bubble burst.Negative investor sentimentCryptocurrency investors have been on edge since Bitcoin’s fall to
[ad_1] Solana-based decentralized finance (DeFi) firm Unstoppable Finance has argued that Solana is more decentralized than people make it out to be. However, there’s another side that believes that the blockchain platform is actually more centralized.In a blog post, the DeFi firm lays out its arguments, citing the blockchain network’s active validator count, Nakamoto coefficient and support for validator hardware, which is often argued to be expensive, as reasons for
[ad_1] Record-breaking heat waves are being documented across the world as extreme weather is worsening due to climate change. States throughout America are continuing to see temperatures rise above 100 degrees Fahrenheit (38 degrees Celsius), while the United Kingdom recently saw temperatures reach 104 degrees Fahrenheit (40 degrees Celsius). While hot climates may be unusual for many of these regions, Texas — a state notorious for its boiling summers — is
[ad_1] TikTok continues to gather a head of steam, with the popular social media application surpassing one billion users in 2022. While daily users blissfully swipe through the latest videos from their favorite content creators, data security concerns continue to ask questions of the Chinese social media behemoth.The company has faced criticism over the past couple years relating to security concerns over data collection policies despite the popularity and prolific onboarding of
[ad_1] Data from a recent Ark Invest report highlights another utility for Bitcoin (BTC) mining in the realm of sustainability and energy. According to the findings, there is enormous potential to transform methane emissions into energy for Bitcoin mining, which, in turn, will turbocharge solar and wind-generated electricity at onsite wells. Important research from @skorusARK on #Bitcoin’s potential role in transforming methane emissions into bitcoin mining that will turbocharge electricity generated
[ad_1] Solana (SOL) dipped to a two-week low at around $35.50 on July 26, mirroring downside moves elsewhere in the crypto market. Nonetheless, technicals suggests that Solana's price flirts with the prospects of rising 40% in August.SOL hits key inflection pointIronically, the bullish setup for Solana emerges out of a classic bearish continuation pattern.On the daily chart, SOL's price has been consolidating inside what appears to be a "bear flag,"
[ad_1] A new survey from crypto exchange KuCoin showed that enthusiasts who have not worked in the Web3 industry are very eager to explore opportunities in the blockchain space. The participants noted that the industry's appeal includes flexibility, growth opportunities and the future outlook of the nascent space. In KuCoin’s study titled Journey Into Web3: A Global Study on the Future of Work, researchers dived into the engagement and perception of
[ad_1] China’s central bank digital currency (CBDC) should not be as anonymous as cash, the head of the People’s Bank of China (PBoC) digital currency institute declared.Digital yuan project lead Mu Changchun spoke of China’s CBDC project at the 5th Digital China Construction Summit on July 24, local financial publication Sina Finance reported.Since debuting the digital yuan in 2020, the Chinese central bank has never targeted complete anonymity for the
[ad_1] As the ETH price rise fades, Ether may go below $1,350 in August. On July 26, Ethereum's native token Ether (ETH) fell, lowering expectations of a long-term price rebound. The ETH/USD pair fell by over 5% before recovering slightly to above $1,550. According to CoinGlass statistics, these nighttime transactions liquidated almost $80 million in Ether positions in the last 24 hours. The seesaw behavior also highlighted an underlying bias
