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…
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Market Braces for BTC Price to Hit $80k in July, Investors Double Down on DOGE and AI Platform Algotech
The post Market Braces for BTC Price to Hit $80k in July, Investors Double Down on DOGE and AI Platform Algotech appeared first on Coinpedia Fintech News The Bitcoin price has been on a tear lately, and analysts are predicting a wild ride with a potential $80,000 Bitcoin price tag by July! This electrifying prediction has sent shockwaves through the crypto community. But is this a sign of a booming bull season or a bubble waiting to burst? Meanwhile, investors…
11 months ago
FILLiquid Announces Mainnet Launch For Filecoin-Based Lending Platform
Berlin, Germany, July 24th, 2024, Chainwire FILLiquid, the open-sourced decentralized Filecoin-based lending platform, is thrilled to announce the official launch of its mainnet alongside the successful completion of its TGE (Token Generation Event). With this milestone, FILLiquid unveils its Filecoin liquidity pool, marking a significant advancement in Filecoin storage power growth by allowing $FIL holders to deposit tokens to earn interest and Storage Providers (SPs) to secure loans. Following months of rigorous testing through multiple phases of an incentivized testnet,…
11 months ago
Digital Chamber Urges VP Harris to Embrace Crypto in Democratic Party Platform
The post Digital Chamber Urges VP Harris to Embrace Crypto in Democratic Party Platform appeared first on Coinpedia Fintech News The Digital Chamber of Commerce, a leading crypto trade association, has penned a letter to Vice President Kamala Harris, advocating for a progressive stance on digital assets within the Democratic Party. The letter highlights the importance of adopting a forward-looking approach to digital assets and outlines key recommendations for integrating pro-crypto policies into the party’s platform. Call for Pro-Crypto Leadership…
11 months ago
Liminal Claims Safety Of Platform, Blames Compromised Signatures In WazirX $235M Hack
The post Liminal Claims Safety Of Platform, Blames Compromised Signatures In WazirX $235M Hack appeared first on Coinpedia Fintech News Liminal Custody has published a detailed report on the recent $235 million hack that targeted WazirX, one of India’s biggest cryptocurrency exchanges. The report also states that Liminal’s platform was not compromised, but the attack originated from the compromised devices at WazirX. This clarification comes after WazirX, in its incident overview of the hack, mentioned Liminal’s role in its preliminary findings. At…
11 months ago
Introduction to the UEEx Exchange Platform Token
UEEx is set to launch its platform token, UECoin (UE), on July 18, 2024. This article provides a detailed overview of UECoin's design objectives and acquisition methods. What is UECoin? UECoin (UE) is a cryptocurrency designed to support the trading ecosystem of UEEx. The total supply of UE is strictly limited to 10 billion tokens, aiming to become one of the most popular functional tokens worldwide. UE can be traded like any other cryptocurrency and offers a wide range of…
11 months ago
TGPoker Launches New Texas Hold’em Platform
Danao City Cebu, Philippines, July 19th, 2024, Chainwire TGPoker is proud to announce the launch of our revolutionary Texas Hold'em platform, offering players the ultimate gaming experience. With TGPoker, players can enjoy various types of Texas Hold'em games anonymously, without the need for identity verification. Unlike many other platforms, TGPoker ensures that no bots are used in gameplay. All interactions are guaranteed to be with real users, providing a genuinely competitive environment. "We are excited to bring TGPoker to the…
11 months ago
XION’s Chain Abstraction Drives Success for Prominent Brands Through EarnOS Platform
New York, New York, July 18th, 2024, Chainwire XION's groundbreaking chain abstraction Web3 technology enables EarnOS to transform digital advertising, driving unprecedented user engagement and brand awareness for global companies. XION, the first blockchain purpose-built for mainstream adoption through chain abstraction, announced the massively successful beta launch of the EarnOS platform which included a prominent ridesharing application, clothing, and accessory brands which together command a market capitalization exceeding $165 Billion. The initial campaign showcased how XION's chain abstraction technology enabled…
11 months ago
Decentralized & Permissionless Risk-On Gaming Platform Zeebit To Launch On Solana’s Powerful Layer-2 Platform Sonic
Source: Depositphotos Today marks a pivotal moment for Zeebit, which has announced the long-awaited launch of what it says is the first fully decentralized "risk-on microgaming platform" on the Solana blockchain. Zeebit built its platform on Solana to take advantage of the unique capabilities of the Solana Virtual Machine and Sonic’s infrastructure platform. Sonic is a scalable Layer-2 built atop of Solana to support high-volume dApps, with rapid transactions processed in under a second and ultimately settled on the main…
11 months ago
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PlatformPEXX Raises $4.5 Million in Seed Funding for its Innovative Stablecoin-to-Fiat Payment Platform
Singapore, Singapore, July 16th, 2024, Chainwire PEXX, a pioneering fintech startup specialising in cryptocurrency and blockchain technology, today announced the successful closure of a $4.5 million seed funding. This significant investment will propel the development of the company's innovative stablecoin-to-fiat payment platform, set to revolutionise the way people transfer currencies across borders. The funding included 1 round led by TNB Aura, with participation from global early-stage VC Antler, plus further strategic investment from EMO Capital, early backers of Filecoin and…
11 months ago