April

5 Best Meme Coins For Quick Profits July 2021 Week 4

Meme coins have garnered a lot of attention since the beginning of the year. Although at first they were written off as a joke, these assets are now being taken seriously with a growing market. With a growing daily trading volume of $3.61 billion, the sector is attracting massive capital. In this best meme coins guide, we analyze some of the top meme tokens with the potential for quick profits in July 2021. 1. Dogecoin (DOGE) Dogecoin is the forerunner of meme coins and has earned a spot in the top

Axie Infinity Token Price Doubles Since Wednesday

Altcoin News Axie Infinity token AXS has doubled in price since Wednesday. Axie Infinity’s total revenue will grow up to $1 billion before this year ends. Axie Infinity native token AXS price has doubled overwhelmingly since Wednesday. Meanwhile, the AXS token was trading at ATH of $30 since last Friday. According to a report, the AXS $30 all-time high price signals one year gain of more than 5,700%. Aside from this, Axie Infinity is now one of the highest-revenue projects running via the Ethereum blockchain. As per TheTie, Axie Infinity

Ethereum Classic (ETC) Struggles to Overcome $7.50 Resistance

Ethereum Classic (ETC) is currently making another attempt at breaking out above $7.50, something it has struggled to do since May. The price action and a variety of technical indicators suggest that ETC will be successful in breaking out.   Ethereum Classic Long-Term Support Levels ETC has been following an ascending support line since November 2018 and has validated it four times since. Since April 2020, ETC has also made several breakout attempts above the $7.50 resistance area, which is the 0.382 Fib retracement level of the most recent downward

Waves Powers Russia’s First Reported Crypto-Backed Bank Loan

Expobank, a commercial bank in Russia, has reportedly issued the country’s first-ever loan backed by cryptocurrency.According to an Aug. 19 report by local news agency Kommersant, Expobank provided the credit through issuing an individual bank loan powered by Waves (WAVES) tokens.Waves CEO and founder Alexander Ivanov confirmed the news in a tweet, noting that the loan used Waves tokens as collateral.According to the report, the new loan was issued to local entrepreneur Mikhail Uspensky earlier this week. The businessman reportedly said that he is committed to keep using Waves tokens

Two Attacks on ETC Network Leave Community Needing a Solution, Fast

Ethereum Classic, a 2016 hard fork from Ethereum’s main blockchain, has suffered multiple concerning network attacks over the last two years. Two such attacks occurred within a seven-day span, totaling millions of dollars in losses. With the dust settling from the two 51% attacks, further details are now coming forward, as provided by a number of industry experts.“There is no debate about the attacks,” ETC Labs CEO Terry Culver told Cointelegraph on Aug. 7, answering a question on whether or not the network difficulties were in fact 51% attacks. “Community

Warren Buffett Buying Gold May Push Bitcoin to $50K, Investors Say

Berkshire Hathaway, the $503 billion conglomerate led by Warren Buffett, sold Goldman Sachs for a Canadian gold company Barrick Gold. Max Keiser, the founder of Heisenberg Capital and an early Bitcoin investor, says it could help buoy BTC to $50,000.The quarterly shareholder filing of Berkshire Hathaway shows Buffett trimmed his position on most major banks, Fortune reported on Aug. 15. The firm sold a substantially large portion of its shares in JPMorgan Chase, Wells Fargo and PNG.What Buffett’s decision to enter a gold position over banks shows about BitcoinBuffett’s decision

Craig Wright Won’t Need to Pay Hodlnaut $60K Until Appeal Is Over, Says Counsel

Craig Wright, a self-proclaimed Bitcoin (BTC) creator, is apparently not required to pay legal fees for a failed libel suit against the Twitter crypto enthusiast known as Hodlonaut.In an Aug. 14 email to Cointelegraph, Wright’s legal representative argued that he is not obliged to pay legal costs in the defamation suit until the Norwegian Supreme Court considers an appeal.The spokesperson said, “Craig has appealed to the Norwegian Supreme Court. Craig’s Norwegian lawyers say that there is no obligation on Craig to pay the costs until that appeal is dealt with.”The

Grayscale Bitcoin Trust Saw Surge in Investor Interest After March

The Grayscale Bitcoin Trust, an investment tool that aims to provide an indirect exposure to Bitcoin (BTC) for investors in traditional markets, reported a significant increase in how many shares it issued between Q2 and Q1 of 2020.According to an Aug. 7 filing with the Securities and Exchange Commission, the trust issued more than 87 million shares in Q2 2020, compared to the total of 133 million shares issued for all of 2020.The trust issued almost 90% more shares in the second quarter of 2020 compared to the first. This

What Would the Re-Election of Alexander Lukashenko Mean for Crypto?

Protests have erupted in Belarus following the country’s presidential election on Sunday, but the possible continued presidency of Alexander Lukashenko may be good news for crypto.Lukashenko reportedly won re-election against opposition candidate Svetlana Tikhanovskaya in a landslide victory with more than 80% of the vote on Aug. 9. However, officials from many nations and within Belarus are condemning the election results as flawed, with reports of falsified ballots. ‘Europe's last dictator’The president of the eastern European nation has served since 1994, during which time he has made a number of statements

Ethereum 2.0 Testnet Performing Well, 1 Million ‘ETH’ Staked

It’s been almost a week since the launch of the ETH 2.0 final public testnet, which has been performing as intended by most accounts. As many as one million ETH have been staked on the Beacon Chain simulation, reviving hopes of a mainnet launch later this year. The Medalla ETH 2.0 testnet has been running for six days which has given developers a chance to monitor early progress. Launched on Aug 4, Medalla is the fifth and final testnet for the long-awaited upgrade to an Ethereum proof-of-stake consensus. Phase 0