Author: Digicoinvision

Key Takeaways PancakeSwap’s CAKE broke above an 8-month resistance. A 34% upside to $4.25 is in play if momentum holds, though rising exchange inflows hint at possible short-term profit booking. PancakeSwap [CAKE] has broken above its eight-month-long resistance level, riding the broader crypto market recovery. On the 28th of July, CAKE surged by 15%, trading around $3.17 at press time. This breakout coincided with Binance Coin’s [BNB] rally to $860, lifting sentiment across the BNB Chain ecosystem. “It’s BNB szn” On X (formerly Twitter), BNB Chain posted, “Wake up babe… It’s BNB szn” Hours later, PancakeSwap echoed the message. The…

Grove Finance has officially launched on the Avalanche network, targeting an initial investment of up to $250 million in real-world assets (RWAs) as part of its institutional-grade credit protocol. This initiative aims to enhance Avalanche’s institutional ecosystem by introducing new capital and partners, including Centrifuge and Janus Henderson, which manages $373 billion in assets. The […]

Jürgen Schaaf, Advisor to the Senior Management of Market Infrastructure and Payments at the ECB, has warned about the potential impact of stablecoins in Europe, claiming that they could weaken the banking system by diverting deposits to decentralized alternatives. ECB Adviser Jürgen Schaaf Warns About Potential Erosion of the Banking System by Stablecoins European authorities […]

Ropsten will be the first longstanding testnet to run through The MergeA new Ropsten Beacon Chain was launched on May 30, 2022 to provide consensus to the networkThe Ropsten Beacon Chain will upgrade to merge-compatible protocol rules (Bellatrix) at slot 24000, expected on June 2, 2022After this, a Terminal Total Difficulty (TTD) will be chosen to activate The Merge on the proof-of-work chain. Node Operators will need to manually set this value on their clients.June 3 update: the exact Terminal Total Difficulty for the Ropsten Merge is 50000000000000000. A subsequent announcement explains how node operators and stakers can ensure their…

Cryptocurrency investors are always on the hunt for the best crypto to invest in before the next major rally. This season, three projects are stealing headlines: Arctic Pablo Coin ($APC), Neiro (First Neiro on Ethereum), and SPX6900 (SPX).  Each has a unique angle and potential to deliver serious returns. But which one offers the most excitement, growth, and long-term value? Let’s dive in. Arctic Pablo Coin: An Adventure Wrapped In Blockchain Imagine a fearless explorer named Pablo, racing across icy frontiers on a snowmobile, uncovering shimmering treasures hidden deep under mystical ice caves. That’s Arctic Pablo Coin ($APC)—a meme coin…

The United States has filed a civil complaint seeking the forfeiture of $2.4 million in Bitcoin seized by the Dallas FBI, bolstering the proposed US Strategic Bitcoin Reserve.The civil complaint filed in the Northern District of Texas on Thursday calls for the forfeiture of 20.2 Bitcoin (BTC) seized from an address allegedly associated with a member of the Chaos hacker group, which has been tied to ransomware attacks, the Texas US Attorney’s Office said in a statement on Monday.Dallas FBI executed the crypto seizure on April 15 this year, according to the complaint, alleging it was the proceeds of “unlawful…

The United States has filed a civil complaint seeking the forfeiture of $2.4 million in Bitcoin seized by the Dallas FBI, bolstering the proposed US Strategic Bitcoin Reserve.The civil complaint filed in the Northern District of Texas on Thursday calls for the forfeiture of 20.2 Bitcoin (BTC) seized from an address allegedly associated with a member of the Chaos hacker group, which has been tied to ransomware attacks, the Texas US Attorney’s Office said in a statement on Monday.Dallas FBI executed the crypto seizure on April 15 this year, according to the complaint, alleging it was the proceeds of “unlawful…

Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more determined, channeling his experience into over three years of insightful…

Ethereum is trading at $3,786, down about 3.7% from its local high of $3,933 recorded on July 28.  Summary ETH is still up 56% in the last 30 days despite a 3% pullback from $3,933 local top. Exchange reserves fell by over 1M ETH in the past month, signaling reduced sell pressure. ETH ETF inflows remain strong, while technicals show bullish momentum with short-term exhaustion. The move marks a minor retracement after a sharp rally over the past 30 days, with the token still up 56%. While trading volume has dropped 12.2% over the last 24 hours to $26.1 billion,…

BitMine Immersion Technologies dipped nearly 27% despite a “chairman’s message” from FundStrat’s Tom Lee to bolster confidence in the Ethereum treasury company. BitMine on Monday announced the new “The Chairman’s Message” monthly series, which is designed to give an insight into BitMine’s broader crypto plan.During the presentation, Lee talked about the firm’s long-term Ether plan, such as holding 5% of the supply, and projections of the token’s future valuation. A slide shared by the firm on X also suggested the implied value of Ether (ETH) could be $60,000, citing unnamed research firms. Source: BitMineHowever, the messages failed to resonate with shareholders,…