Day: July 20, 2023

Bitcoin rejects at 21-day trendline — How low can BTC price go?

Bitcoin (BTC) failed to hold above $30,000 after the July 20 Wall Street open as one analyst forecast a return to range lows. BTC/USD 1-hour chart. Source: TradingView BTC price sinks through $30,000 Data from Cointelegraph Markets Pro and TradingView tracked weak BTC price action after a rejection at the 21-day simple moving average (SMA). Sitting at $30,400, that SMA provided the day’s high for Bitcoin, with the market then retracing its intraday progress entirely. BTC/USD 1-day chart with 21SMA. Source: TradingView Reacting, Michaël van de Poppe, founder and CEO…

Aptos’ new user growth hits 900% after integration with social media app Chingari

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The Aptos blockchain has seen a surge of activity following its integration with Chingari, an India’s social media platform previously powered by Solana. According to on-chain data, the number of new users jumped 900% over the previous month, up to nearly 90,000 daily on-chain onboarding.  Chingari started migrating to Aptos on July 6, seeking an enhanced user experience following Solana’s network outages in 2022. “Solana’s network downtime posed challenges, compelling us to schedule many transactions […] Rather than allowing them to be instant, to mitigate the risk of failed transactions,”…

7 most in-demand programming languages to learn

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In the ever-evolving landscape of technology, programming languages play a crucial role in shaping the digital world. Aspiring developers and seasoned professionals alike are constantly seeking programming languages that offer both versatility and high demand in the job market.  This article will explore the seven most in-demand programming languages worth learning today. From web development to blockchain and data management, these languages cover a wide range of domains and provide promising career opportunities. Let’s dive in and discover the top contenders. What is a programming language? A programming language is…

16 tips to help blockchain companies refine their marketing messages

Word about blockchain technology’s benefits has penetrated the global marketplace, so now’s the time for blockchain businesses to begin deliberately refining and sharing their marketing messages. Like other service businesses, blockchain companies have to find effective ways to explain why their service in particular is the right choice for a potential client’s unique needs. However, unlike service companies in other industries, in many cases, blockchain leaders will be marketing a service that B2B clients may be intrigued by but don’t understand well. Marketing a business always takes a lot of…

Federal Reserve Opens FedNow Service That Dramatically Speeds Up U.S. Payments

The Fed says its new service will operate for 24 hours every single day. While continuing to use commercial banks as intermediaries, central bank officials have previously said it will allow payments to be processed in a matter of seconds, something that’s already the norm in many other jurisdictions across the world. That compares to a same-day service from the existing U.S. automated clearinghouse system, or delays of days or weeks for cashing a check. Source

Ahead of Bitcoin halving, experts bullish on BTC, ROE, and ADA

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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied There is growing attention on crypto due to the Bitcoin halving in 2024 and BlackRock’s Bitcoin ETF application. Analysts are monitoring BTC, ADA, and ROE from Borroe Finance. This article discusses Bitcoin halving, the potential market expansion facilitated by BlackRock’s exchange-traded fund (ETF) application, and the outlook for BTC, ADA, and ROE. Buy Borroe Finance presale Understanding Bitcoin halving Bitcoin is deflationary because its supply is limited to 21 million BTC. This sets it apart from fiat…

US law protects institutions and exposes retail investors — Rep. Torres

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On July 13, 2023, United States District Court Judge Analisa Torres ruled that Ripple’s XRP (XRP) token should not be considered a security when sold on retail digital asset exchanges. Stuart Alderoty, chief legal officer at Ripple, told Cointelegraph that last week’s ruling makes it clear that the U.S. Securities and Exchange Commission’s (SEC) theory that a token can be an investment contract and, therefore, a security, no longer has support in the law. He said of the ruling: “That is not only a huge win for Ripple, but it’s…

Liquid staking claims top spot in DeFi: Binance report

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Liquid staking is a decentralized finance (DeFi) subsector that lets users earn yield by staking their tokens without losing their liquidity. It has become the biggest DeFi sector in terms of total value locked (TVL), according to crypto exchange Binance’s Half-Year Report 2023.  Within the report, the crypto exchange highlighted that liquid staking had dethroned decentralized exchanges (DEXs) as the top-ranking DeFi category by TVL as of April 2023.  The staking mechanism was a crucial part of staking Ether (ETH) before the Ethereum Shanghai upgrade when users were unable to…

Zero Barriers ahead! Zero knowledge and AI combine to redefine the future

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From the international stage at Davos to the soccer fields of Bedford, the Decentralize with Cointelegraph podcast dives into the nuances of crypto and blockchain, and how they intersect with everyday life. One promising technology that has emerged in the blockchain space is zero-knowledge proofs (ZK-proofs), which many claim can be a game-changer for blockchain tech and how smart contracts are implemented. Zero Barriers is a special six-part series launched in the first week of July on the Decentralize with Cointelegraph podcast to explore this innovative technology. In the fourth episode,…