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 $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Health
Bitcoin On-Chain Health Remains ‘Net Positive’: ARK Invest Report
Although Bitcoin (BTC) on-chain health remains net positive, from a price perspective two crucial support levels must be maintained for a continued bullish uptrend, notes ARK Invest in its latest monthly report. Bitcoin’s Healthy On-Chain Metrics, What Does It Mean? In its report, ARK Invest posits that Bitcoin requires some upside if its market structure is to be maintained. The report notes that in August 2024, BTC’s price slid by 8.7% to $58,972. The leading digital asset was also unable…
9 months ago
Nigeria vs. Binance: CEO Demands U.S. Intervention for Employee’s Health Crisis
The post Nigeria vs. Binance: CEO Demands U.S. Intervention for Employee’s Health Crisis appeared first on Coinpedia Fintech News The ongoing lawsuits by Nigeria against Binance the biggest cryptocurrency exchange for money laundering and tax evasion seem intensifying. On August 27, 2024, Binance CEO Richard Teng, requested the United States to intervene as the health of Tigran Gambaryan a Binance employee and former federal agent, who has deteriorated while in custody. Binance Employee’s Condition Critical Additionally, the CEO called for…
9 months ago
IMF Engages in Strategic Talk with El Salvador on Bitcoin Risk and Fiscal Health
The International Monetary Fund (IMF) is in discussions with El Salvador to address the macroeconomic and financial risks associated with Bitcoin (BTC). These talks aim to create a complete plan to manage risks, ensuring El Salvador’s economy stays stable and grows while using Bitcoin as a legal tender. Fiscal Stability Focus: IMF’s Plan with El Salvador On August 6, the IMF released a statement highlighting the progress made in the ongoing negotiations. An IMF mission, led by Raphael Espinoza, engaged…
10 months ago
Chiliz integrates with PUML to deliver gamified health, wellness, and Move to Earn for sports fans
Brisbane, Australia, 05 July, 2024:— Chiliz, the sports and entertainment blockchain leader, is excited to announce a new integration with PUML Better Health, the gamified health, wellness, and sports platform. This collaboration aims to bring Move to Earn and Fan Health to the Chiliz community. PUML Better Health is an Australian-based platform that gamifies health and wellness. It enables users to connect their wearable devices and claim their steps each day, rewarding members with PUML, its in-app game coin. This…
11 months ago
Ethereum On-Chain Health Holds Strong Amidst Open Interest Plunge – Impact On Price
Ethereum (ETH) stands as a bellwether for the industry’s ebbs and flows. As of press time, Ethereum was trading at $3,174, its price trying to reach the crucial $3,000 mark. However, beneath the surface of these seemingly stable waters lies a complex interplay of market forces and investor sentiment. Ether’s Challenging Trajectory Since last week, the lower timeframes have seen repeated breaches of the $3,000 psychological threshold, and the enthusiasm surrounding the altcoin king has significantly waned. This downward pressure…
1 year ago
WHO Joins With Blockchain Companies to Create a COVID-19 Info Central
The World Health Organization (WHO) has partnered with several gargantuan institutions to set up a COVID-19 information network. The blockchain-based solution is an open-source data hub for verifying data accuracy related to the COVID-19 pandemic. The solution, named "MiPasa", is expected to expand as a range of data analytics tools are introduced to its network. Additionally, the tools will be subsequent to data testing and other information, to enhance accurate detection of COVID-19 infection red zones. MiPasa is an invention…
5 years ago
New Report Reckons That the Health Sector is Ripe for Blockchain Adoption
A new report suggests that the healthcare sector is ready to harness the benefits arising from the adoption of Blockchain technology. The Report by TMR Research acknowledges that the sector doesn't feature readily when considering those likely to integrate Blockchain solutions. However, it asserts that the revolution is imminent. It further states that the change would impact every aspect of the sector. Global Effort for Adopting Blockchain in Healthcare Additionally, the report went on to identify key players pushing for…
5 years ago