Month: July 2024

Wazirx Clarifies Recovery Options, Asset Valuation, and USDT Conversion After Cyberattack

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Indian cryptocurrency exchange Wazirx has answered important questions from its users about the recent cyberattack. The platform explained its socialized loss strategy and the options users have to recover their assets. Additionally, users inquired about asset valuation and token conversion to USDT. Wazirx Addresses Key Questions Following Cyberattack On Saturday, Indian crypto exchange Wazirx addressed … Read more

Latest BDAG Events, Analysis of BNB Price, Updates on Tron

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Excitement Builds for BlockDAG’s Team Reveal & AMA, Fueling Discussions of 30,000x ROI; Insights on BNB Price & Tron Ecosystem Developments Crypto enthusiasts are buzzing with anticipation for BlockDAG’s major team announcement on July 29th. Meanwhile, Binance Coin’s price analysis suggests a possible ascent to over $700, and the Tron ecosystem is setting bold objectives … Read more

Senator Lummis Proposes Bitcoin Strategic Reserve Bill to Bolster US Economy 

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At the Bitcoin 2024 conference, Republican U.S. Senator for Wyoming, Cynthia Lummis, introduced the “Bitcoin Strategic Reserve Bill” aimed at establishing a strong bitcoin reserve to mitigate the national debt and strengthen the economy. The bill proposes converting federal assets into bitcoin (BTC), capitalizing on its appreciating value without raising taxes. Bitcoin Reserve Bill Introduced … Read more

Bitcoin 7-Day Hashrate Average Hits Record 677 EH/s, Surpassing May 25 High

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According to recent data, bitcoin’s total hashrate achieved a record high this week, based on the seven-day simple moving average (SMA). On July 25, the hashrate, measured by the seven-day SMA, reached 677 exahash per second (EH/s), surpassing the 659 EH/s recorded on May 25. Bitcoin Hashrate Breaks Records Bitcoin’s hashrate has reached new peaks … Read more

Bitcoin Short-Term Holders See Relief as Prices Rebound, Glassnode Reports

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Bitcoin prices have rebounded strongly, providing relief to short-term holders and leading to increased activity in perpetual futures markets, according to a report by onchain analytics firm Glassnode. The report highlights significant developments in market dynamics and the overall health of the cryptocurrency market. Glassnode Analysis Highlights Significant Gains for Bitcoin Short-Term Holders The latest … Read more

Kiyosaki Says BTC and Gold Rise if Trump Wins, Spot ETH ETFs Launch, and More — Week in Review

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Robert Kiyosaki forecasts significant rises in asset prices, including gold, silver, and bitcoin by August 2025 if Donald Trump is re-elected. The U.S. SEC has approved spot ethereum ETFs, with Blackrock’s Ishares ethereum Trust ETF launching on Nasdaq on July 23, 2024. In Nigeria, the central bank sold dollars to Bureaux de Change to stabilize … Read more

Mythical Games VP: Blockchain Gaming Boom Built on Stronger Base

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Mythical Games’ VP of Blockchain Tech, Cameron Thacker, said he believes the current interest in blockchain gaming is more sustainable than the last cycle. He attributes this to a shift in focus, with projects now prioritizing “engaging experiences over frothy marketing and questionable tokenomics.” Gaming Giants Boost Blockchain Gaming Industry In an interview with Bitcoin.com … Read more

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