Bitcoin Loses Key Support And Falls Further

Cryptocurrency analysts of Coinidol.com report, Bitcoin (BTC) price is in a downtrend as it has regained the crucial support at $26,000. Bitcoin price long-term forecast: bearish On September 1, the bears broke through the crucial support as the largest cryptocurrency fell to a low of $25,342. In the last five days, Bitcoin has been moving above the $25,000 support. If […]

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Paris Hilton, a16z back IP ownership network Story Protocol

The new blockchain-based IP ownership network Story Protocol closed a $54 million funding round on Sept. 7, which included investments from big names like Paris Hilton’s 11:11 Media, and Andreessen Horowitz, also known as a16z.  The platform uses blockchain technology to help content creators oversee and monetize their content in the face of fakes generated by artificial intelligence (AI). It […]

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Sam Bankman-Fried appeal against bail revocation ‘meritless’: Prosecutors

The United States Attorney’s Office has filed an affirmation of the denial of bail to former FTX CEO Sam “SBF” Bankman-Fried, claiming that he could attempt witness tampering and stating that no release conditions would assure the safety of the witnesses. Prosecutors responded to several claims made in his appeal against the bail revocation, calling it “meritless.” In their response, […]

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Shiba Inu Latest Dip: A Bullish Opportunity In Disguise?

Shiba Inu (SHIB) has been making headlines once again, but this time for all the wrong reasons. The popular meme token has been under sustained selling pressure, leading to a significant crack in a critical support level.  Despite the recent launch of Shibarium, a blockchain platform aimed at enhancing the SHIB ecosystem, the bearish sentiment seems to have a firm […]

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CBDCs will gradually displace private banks, says Russian lawmaker

Central bank digital currencies (CBDCs) and blockchain technology are likely to displace traditional banks, according to a Russian lawmaker. Anatoly Aksakov, head of Russia’s parliamentary financial committee and a major skeptic of Bitcoin (BTC), has predicted that the traditional banking system will “fade away” with the adoption of the digital ruble, local news agency RIA reported. “As for the role […]

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Defying The Crypto Crash: Liquid Staking's $20 Billion Rise Amid Market Uncertainty

The crypto market has witnessed several fluctuations, but specific sectors’ resilience within this domain remains attractive. Recently, despite a noticeable dip in the broader crypto market, one area seems poised to touch its peak, demonstrating the potential and adaptability within the crypto ecosystem, per a report.  Liquid staking, a sector that facilitates rewards for token pledges supporting blockchain operations, shows […]

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Regulated Liability Network identifies proof-of-concept use case with digital pound

The Regulated Liability Network (RLN) has completed its United Kingdom discovery phase and is prepared to proceed to a use case with a retail central bank digital currency (CBDC), according to its latest report. The RLN project seeks to accommodate central bank, commercial bank and regulated non-bank transactions operating within “partitions” on a single network. The RLN is a regulated […]

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