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Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The Crypto Market ends the week at a total market capitalization of $1.057 trillion. Bitcoin is up by almost 3% following another successful week. Ethereum gained almost 2% over the past seven days. XRP increased by nearly 6% this past week. Almost all altcoins are trading in the green, with very few exceptions. The DeFi sector increased the total value protocols (TVL) to around $56 billion.…

In a recent Twitter post, global cloud service provider Google Cloud revealed an integration with the Solana blockchain network.  The tweet, addressed to Solana co-founder Anatoly Yakovenko began: “Should we tell our followers the big news?” https://twitter.com/googlecloud/status/1588912775291609093?s=20&t=RMi6Zv8Bh8PgTolVuYEgQA Solana’s Latest Validator The platform followed the tweet with another one hour later, explaining exactly what they had accomplished. It appears Google Cloud now plays a key role in the Solana network. The follow-up post announced: Now that we got your attention... check…

Binance notoriously devoted $500 million to support Elon Musk’s buyout of Twitter, after the billionaire announced his offer in April.  The company’s CEO, Changpeng Zhao (CZ), has now provided a summary of its 6 primary reasons for doing so.  Binance Supports Free Speech According to a Twitter thread from CZ on Friday, Binance’s foremost reason for supporting the buyout is its support for freedom of speech.  “Twitter is the global Townsquare. From singers/athletes/movie stars to politicians/CEOs/entrepreneurs, the crypto community, and…

Cryptocurrency trading has enhanced the universe of assets available to traders worldwide. However, this practice is challenging for inexperienced or unskilled traders. Furthermore, the ongoing bear market makes trading costly and inconvenient when most platforms charge upfront or subscription fees. As a result, many people refrain from entering the market. UpBots aims to change that and take the trading industry to a new level through innovative and affordable solutions. Its automated trading service allows users to trade in CEX without…

Instagram Influencer Jay Mazini has pled guilty to stealing $2.5 million in Bitcoin from his victims in one of multiple giveaway scams. The influencer – whose official name is Jebara Igbara – faces up to 20 years in prison for his crimes. As the Department of Justice (DOJ) announced on Wednesday, Mazini has specifically pled guilty to wire fraud, wire fraud conspiracy and money laundering. Mazini was known for social media stunts like giving away large amounts of cash to…

Meta has now confirmed support for Solana and Polygon NFTs, including the ability to make and sell digital collectibles. Their support spans both Facebook and Instagram, where users can showcase their NFTs across both platforms.  Meta confirmed the news in a tweet on Wednesday, followed by similar announcements from Solana and Polygon.  “Soon you’ll be able to make and sell NFTs on Instagram, starting with Polygon,” said Meta.  According to Polygon, the ability to mint and sell NFTs on the…

KVX is a new trading platform that aims to make crypto investment accessible, intuitive, and secure for everyone. The project is rapidly progressing and already launching its crypto trading services in the European Union. Moreover, the team is preparing numerous standout features and tools to help users trade a wide range of assets as they please. This short KVX review looks closely at one of the latest trading hubs to enter the crypto market. Read on to discover more about…

Cryptocurrency exchange Coinbase is seeking permission to file an amicus brief supporting Ripple Labs in its legal battle with a top federal regulator.  The company argues that the Securities and Exchange Commission's (SEC) lawsuit against Ripple is unprincipled, and violates due process. Coinbase’s Defense for Ripple Per the amicus brief dated Monday, Coinbase claims the SEC did not provide fair notice that Ripple’s conduct was illegal, prior to suing the firm. An amicus curiae is a third party that isn’t…

Web3 gaming and development studio, Find Satoshi Lab, the creator of move-to-earn mobile game Stepn has just unveiled its new platform MOOAR. The new platform is a multichain, membership-based marketplace for non-fungible tokens and is the development company’s 3rd rollout since its 2021 launch.  Empowering Web3 Creators Find Satoshi Lab announced the launch in a tweet earlier today. The team stated that the project was one of many one-stop platforms the company has planned for the Web3 space. MOOAR is…