Bitcoin analysts converge on a breakout in September — But is $86K possible?
Bitcoin could see a breakout to new all-time highs as soon as next month, but BTC must first tackle significant resistance around $59,500. Go to Source
Month: August 2024
Seven Casino Unveils Next-Generation Digital Platform
PRESS RELEASE. Seven Casino, the trailblazer in online gaming, is thrilled to announce the official launch of its groundbreaking digital platform, setting a new standard for the online casino industry. With its cutting-edge technology, unparalleled user experience, and an expansive selection of games, Seven Casino is poised to revolutionize the way players engage with online … Read more
Crypto VCs see ‘big opportunities’ with L2 interoperability, but not AI
Cointelegraph spoke to VCs to find out which sectors they’re currently interested in, as investments increased in Q2. Go to Source
Ethereum Technical Analysis: Indicators Signal Caution for Ether as Bears Maintain Control
Ethereum’s price on August 19, 2024, stands at $2,582, with a 24-hour intraday range of $2,572 to $2,681. The cryptocurrency recorded a trading volume of $9.5 billion, contributing to a market capitalization of $310 billion. Despite these figures, ethereum’s technical indicators reveal a bearish outlook, signaling caution for traders. Ethereum Ethereum’s daily chart paints a … Read more
Ether’s price drop due to investor sentiment, not $420M ETF outflows: Nansen
Ether price is subdued by a lack of risk appetite among investors, caused by wider macroeconomic conditions. Go to Source
Polychain leads $6.7M investment in new Bitcoin-centric yield network Corn
Corn aims to unlock more of Bitcoin’s $1.1 trillion liquidity for DeFi applications. Go to Source
ParaSwap launches intent-based protocol to curb MEV attacks
Popular MEV attacks, such as sandwich transactions, have netted attackers nearly $17 billion in the past 30 days. Go to Source
Strategic blockchain investments by HTX Ventures: A mid-year analysis
HTX Ventures’ 2024 Half-Year Investment Report reveals targeted investments in BTCFi, multichain infrastructure and user experience, which aim to unlock Bitcoin’s potential in DeFi and enhance blockchain interoperability. Go to Source
Bitcoin Technical Analysis: BTC Faces Continued Downward Pressure
As of August 19, 2024, bitcoin is trading at $58,061, with a 24-hour intraday range between $57,918 and $60,191. The crypto asset saw a trading volume of $20.7 billion and maintains a market capitalization of $1.14 trillion. Multiple timeframes reveal a sustained downtrend, with key resistance levels holding firm and technical indicators signaling weak buying … Read more
Gate.io to launch $100M innovation fund with the Blockchain Center in Abu Dhabi
The fund aims to advance decentralized infrastructure and blockchain adoption and support talent from the US, Asia, Europe and the MENA region. Go to Source