July 2024

Cryptocurrency analyst and trader Kevin Svenson is highlighting one Bitcoin (BTC) metric that’s flashing a bullish signal for altcoins. Svenson tells his 78,500 YouTube subscribers that Bitcoin dominance, the ratio of the BTC’s market capitalization relative to the market capitalization of the rest of the crypto assets, suggests that “we might be near altcoin season.” […]

Andromeda, a platform offering a variety of on-chain and multi-chain products, has announced an integration with the finance blockchain Injective, as per the latest updates shared with Finbold on June 27. The integration is set to accelerate the adoption of decentralized finance (DeFi) and will merge each of the partners’ respective technologies to unlock new […]

Serial tech entrepreneur Elon Musk has once again shown his ability to engage with the crypto community on the X social media platform (formerly Twitter) he owns. His recent tweet has triggered a large number of responses in the comments, even though the tweet itself did not state anything remarkable, apart from hinting at the […]

For months, Solana (SOL) has been one of the biggest stars of the ongoing cryptocurrency bull market. The blockchain’s token – SOL – saw a magnificent rise from approximately $20 late in 2023 to as high as $200 earlier in 2024. Even after a recent downturn, it remained a significant 37.28% in the green in […]

The stablecoin rules from the European Union’s Markets in Crypto Assets legislation will take effect on June 30. The rules ban stablecoins from having over 1 million daily transactions that pay for goods or services settled off- and on-chain. Tether, Circle and other big stablecoin issuers will soon be on a tight leash in the […]

Synternet Mainnet launches on Cosmos Synternet, the blockchain innovator across networks like Ethereum (ETH) and Cosmos (ATOM), has launched its mainnet on the Cosmos network, per the latest information shared with Finbold on June 27. This launch is expected to start a new chapter in the decentralized data economy and unlock Synternet’s SYNT token’s full […]

In a recent development, a court has ruled against the Securities and Exchange Commission (SEC) for illegally rescinding a rule on proxy advisory firms. Ripple CLO Stuart Alderoty highlighted this event, noting that the move was made without following the Administrative Procedure Act, with SEC Chairman Gary Gensler personally directing the action. The SEC’s Proxy […]

Cryptocurrency advocate John Deaton (who particularly supports Bitcoin and XRP) has taken to his account on the X social media platform to share his take on the recent quarter-million-USD worth of Bitcoin transaction made by the U.S. government to the Coinbase exchange. This was part of the funds confiscated in 2013 from the Silk Road […]

The DFINITY Foundation, known for its work in decentralized AI and contributions to the Internet Computer Protocol (ICP), recently launched UTOPIA. It is a serverless cloud infrastructure aimed at government and private enterprises. This new platform is designed to address the needs of sectors handling high-risk and sensitive information. It includes defence, utilities, and financial […]

Solana, the fifth-largest cryptocurrency by market capitalization, might be on the cusp of a price reversal if history repeats itself. An analyst and investor in cryptocurrency and stocks who goes by the name “Jelle” on X has drawn attention to a chart pattern that is eerily similar to the one preceding SOL’s breakout in 2022. […]

Paramount has taken offline the archives of the famous website Mtv.com, and some are wondering if with the blockchain it could have been avoided. Paramount Deletes 20 Years of MTV News Articles as It Shuts Down Its Website https://t.co/AMYajlXVhE — MGZC Media TV (@mgztv) June 25, 2024 Summary Paramount and MTV Paramount ends Mtv.com: would […]

Alex Chehade, the General Manager of Binance FZE in Dubai, will depart from the crypto asset exchange at the end of July, Zawya reported, citing sources familiar with the matter. Chehade, who played a pivotal role in securing the Dubai Virtual Assets Regulatory Authority (VARA) license, has been with Binance for two years. Achievements in […]

Bitcoin’s drop was really unexpected, but things may turn out better than expected thanks to the fact that it is not being sold to the ground by institutions, and there is a silver lining that you should not miss if you believe that the asset is going down rapidly. Even before the U.S. government started […]

XRP continues to remain in familiar territory, trading in the red zone as the token encounters further losses. Notably, XRP is a subject of ongoing speculation, having failed to rally and instead consolidating below the $1 mark. Part of the token’s woes can be attributed to the ongoing Ripple and Securities Exchange Commission (SEC) case. […]

A relatively common feature of cryptocurrency bull cycles is every noteworthy internet event getting turned into a coin or token – usually of a meme variety. The 2024 crypto market has proven no different with its deluge of election-inspired cryptocurrencies, such as the much-discussed Jeo Boden (BODEN). The latest addition, however, found a decidedly different […]

Infinite Block, the only South Korean crypto firm to secure a Virtual Asset Service Provider (VASP) license until now, has announced support for XRP Ledger (XRPL), the open-source, public blockchain designed by American fintech firm Ripple. The newly announced support from Infinite Block opens the door for XRPL to enter the South Korean market and […]

Activity in the meme coin market has gained momentum in the last week, leading to an uptick in demand for the frog-themed token Pepe (PEPE). Exchanging hands at $0.000012, the meme coin’s value has increased by 5% in the past seven days. Pepe Sellers May Take Action Pepe’s (PEPE) Chaikin Money Flown (CMF) confirms the […]