Bitcoin Is Finding New Support Thanks to Meme Tokens

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Bitcoin is being driven crazy by a new standard known as BRC-20, which basically enables the establishment of new tokens like meme currencies on its blockchain. Bitcoin and Meme Tokens… A Perfect Match? Bitcoin has always been a straight-up digital asset. While it has a […]

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HSBC rolls out cryptocurrency services in Hong Kong: Report

Hong Kong and Shanghai Banking Corporation (HSBC), the biggest bank in Hong Kong, has reportedly introduced its first local cryptocurrency services. HSBC Hong Kong has enabled its customers to buy and sell Bitcoin (BTC) and Ethereum (ETH)-based exchange-traded funds (ETFs), local journalist Colin Wu reported on Twitter on June 26. According to the report, HSBC will specifically offer cryptocurrency ETFs […]

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Binance reverses decision to delist privacy coins in Europe

Binance has decided to reverse its plan to delist several privacy coins in Europe after revising operations to comply with local regulations. In a comment from the cryptocurrency exchange received on June 26, Binance said: “After carefully considering feedback from our community and several projects, we have revised how we classify privacy coins on our platform to comply with EU-wide […]

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The best blockchain “does not exist” — Cardano Foundation exec

While many community members enjoy arguing about what the ultimate blockchain is, an executive from the Cardano Foundation believes that these arguments should stop, as use cases dictate which blockchain is most appropriate for specific projects.  At the World Token Summit in Dubai, Cointelegraph spoke with Mel McCann, vice president of engineering at the Cardano Foundation. The executive spoke about […]

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Ethereum Price Stuck In Range As Risk of Downside Correction Escalates

Ethereum price is struggling to clear the $1,920 resistance against the US Dollar. ETH could correct lower if it breaks the $1,865 support zone. Ethereum is currently correcting lower from the $1,920 resistance. The price is trading above $1,865 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance near $1,890 on the hourly […]

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On-Chain Data Shows Ether Dominance Outpacing Other Altcoins In The Market: Here’s Why

Ethereum strengthened its altcoin dominance as its market share moved slightly above 40% of the market capitalization.  Decentralized applications on Ethereum play a huge role in the network’s dominance, with its TVL miles ahead of its competitors. Observers back Ethereum to maintain its huge lead despite the growth of other networks over the past two years.  Ethereum (ETH) remains the […]

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Amazon to invest $100M in generative AI center: Report

Amazon’s cloud unit, commonly known as AWS, is building a $100 million solution to catch up with Microsoft and Google in the market for generative artificial intelligence. According to Bloomberg, the upcoming AWS Generative AI Innovation Center will connect Amazon experts in AI and machine learning with clients seeking to build applications based on the latest technologies. In generative AI, […]

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