Author: Digicoinvision
The iconic “disappearing” statue of pseudonymous Bitcoin (BTC) creator Satoshi Nakamoto, reported stolen on Saturday, has been recovered, according to Satoshigallery, the art collective responsible for installing the statue. Municipal workers from the city of Lugano, Switzerland, recovered the statue, which was thrown into Lake Lugano after it was removed from its base in Parco Ciani, a lakefront park in the Swiss city, by unknown persons. City of Lugano municipal workers recover the iconic Satoshi Nakamoto statue. Source: SatoshigalleryThe municipal workers discovered the statue in several pieces, indicating vandalism, rather than theft for monetary gain. The statue was only welded to the…
Key Takeaways While macro uncertainty remains, September rate cuts are back on the table. But the elevated profit-taking could keep the market in a sideways structure in the near term, per CryptoQuant. The chances of Fed rate cuts in September shot higher to 80% on the 1st of August after dropping 20% earlier in the week. This could boost Bitcoin [BTC] in the near term. After a hawkish pause during the 31st July Fed meeting, market repriced September rate cuts odds lower, dragging BTC to $114K from nearly $120K. Will Fed rate cut expectations trigger a recovery? However, a massive…
The iconic “disappearing” statue of pseudonymous Bitcoin (BTC) creator Satoshi Nakamoto, reported stolen on Saturday, has been recovered, according to Satoshigallery, the art collective responsible for installing the statue. Municipal workers from the city of Lugano, Switzerland, recovered the statue, which was thrown into Lake Lugano after it was removed from its base in Parco Ciani, a lakefront park in the Swiss city, by unknown persons. City of Lugano municipal workers recover the iconic Satoshi Nakamoto statue. Source: SatoshigalleryThe municipal workers discovered the statue in several pieces, indicating vandalism, rather than theft for monetary gain. The statue was only welded to the…
The agreement between the two countries focuses on the exchange of information about digital assets, which, according to the Central Bank of Bolivia, have become a widely used alternative for international payments. El Salvador has emerged as a crypto powerhouse in Latin America, with several nations seeking to learn from its crypto experiences. Bolivia and […]
Ethereum’s diverse client ecosystem is at the foundation of all that we’re building together. This includes both execution-layer and consensus-layer clients, both of which are essential parts of Ethereum’s post-merge future. Supporting execution-layer (formerly “Eth1”) clients remains one of the Ethereum Foundation’s highest priorities. These client teams have supported Ethereum’s growth over the past several years, and they will continue to provide critical infrastructure for the network post-merge, as Ethereum transitions to a Proof of Stake consensus system. Since January 2020, the EF has spent more than $10M on execution-layer client R&D. Our steadfast support will continue as these teams…
The altcoin market got a big burst of activity today. Many altcoins are suddenly surging, and traders are showing their willingness to take risks once more. There was a focus on the mid- and small-cap tokens, with a number of them gaining more than 10% and maintaining the momentum over the past few weeks. This suggests that investors may be considering entering more volatile investments as the overall market begins to show signs of correction. Standout Performers and Building Momentum The big mover of the day was GARI, which surged 61.8% on the day and had a market value of…
The Bitcoin market has been showing signs of increasing selling pressure, with its recent price action hinting at an even deeper distribution phase unfolding beneath the surface. Wyckoff Pattern Reveals Imminent Breakdown In an August 2 post on the social media platform X, crypto analyst Joao Wedson explained how the Bitcoin price may be at risk of a downturn over the coming months. The analyst based his conclusion on the Wyckoff Distribution model, a technical analysis framework that describes how smart money sells off assets at the top of a market cycle. Related Reading Wedson highlighted in the post that…
Opinion by: Daniel Taylor, head of policy at ZumoCrypto X communities think tokens are toast. Here’s why they’re right — and dead wrong.If there were one chart to sum up today’s crypto token meta, it would be Bloomberg chart-boxing its comparison of Bitcoin (BTC) against an altcoin basket. Bitcoin holders are jubilant, watching it approach an all-time high. Tokenholders are bloodied and bruised, seeing their holdings wither away while Bitcoin soars.With BTC dwindling to just 11.6% of an average retail investor’s portfolio, it’s been a painful divergence. This is the story of how tokens failed — and why there’s still…
They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian’s journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Ethereum (ETH) is a public good with a private language problem. It has become the default operating system for decentralized finance, and yet you’d be hard-pressed to find someone outside of crypto circles who could explain what it does or why it matters. This is a failure of communication that can cost Ethereum mass adoption. Summary Ethereum is solving urgent global problems — from remittances in collapsing economies to censorship-resistant payments in conflict zones — but those…