The balance kept in addresses that hold coins for at least 155 days has increased by $1.87 billion this month. Original
Bitcoin Long-Term Holders Control 75% of Circulating Supply: Glassnode
Day: July 24, 2023
Biggest mining difficulty drop of 2023? 5 things to know in Bitcoin this week
Bitcoin (BTC) enters the last full week of July on an uncertain footing as $30,000 becomes resistance. In what promises to be an exciting — but perhaps nerve-racking — week for traders, BTC price action is staring down a combination of volatility triggers. Chief among these is the United States Federal Reserve’s decision on interest rates, this headlining an important slew of macro data releases. Some hope that these alone will be enough to shake Bitcoin out of its month-long trading range, in which it has barely moved from the…
Twitter bids adieu to Bluebird as Elon Musk rebrands platform to X
The popular social media platform Twitter officially rebranded to X after months of teasing by its former CEO, Elon Musk. The rebranding saw the popular social media app ditch its recognizable bird logo and replace it with a simple X. The rebranding also saw the social media app change its color scheme from blue to black. As part of the rebranding, Twitter’s URL was changed to x.com, a domain name linked to Musk’s 1999 financial services startup, which was sold to PayPal. https://t.co/bOUOek5Cvy now points to https://t.co/AYBszklpkE. Interim X logo…
XRP-SEC Court Ruling Fails to Clarify Regulatory Environment for Wider Crypto Industry: Bank of America
Bank of America says it continues to differentiate between the trading of blockchain-native crypto tokens, for which regulations are still being established, and the trading of tokenized traditional assets including exchange-traded-funds (ETFs), repos and gold, for which the “rules are already established and trading volumes have already reached trillions of dollars.” Source
Bitcoin block 800,000 mined — What’s next?
The Bitcoin (BTC) network has produced its 800,000 block since its inception in 2009, with just 40,000 blocks left to mine before the network’s next mining reward halving. The 800,000th block contained 3721 transactions at 1.64MB, with the price of BTC trading at $29,815 on July 24, as market researcher Dylan LeClair noted on Twitter: #Bitcoin block 800,000. pic.twitter.com/Yw9c6klqbY — Dylan LeClair (@DylanLeClair_) July 24, 2023 The milestone was widely shared across the social media platform on July 24, with Bitcoin proponents and industry commentators highlighting the milestone as an…
US FSC chairman eyes regulatory clarity for crypto, stablecoin ecosystems
Representative Patrick McHenry, the chairman of the House Financial Services Committee (FSC), announced the markup of legislation aimed at providing regulatory clarity for the digital asset ecosystem. The committee will meet on July 26 to markup H.R. 4763, the Financial Innovation and Technology for the 21st Century Act; H.R. 4766, the Clarity for Payment Stablecoins Act of 2023; and H.R. 1747, the Blockchain Regulatory Certainty Act — among others. Out of the lot, the markup on clarity for stablecoin payments was introduced by McHenry, which aims to bring regulatory clarity…
Elon Musk Rebrands Twitter to X, Spurring Scores of Wannabe Tokens
One token zoomed 1,200% even though its related project closed in May, data shows. Source
Worldcoin's Newly-Launched WLD Token Listed on Major Crypto Exchanges
CryptoX – Cryptocurrency Analysis and News Portal The highly anticipated project co-founded by OpenAI’s Sam Altman launched its token on Monday. Source The post Worldcoin's Newly-Launched WLD Token Listed on Major Crypto Exchanges appeared first on CryptoX. CryptoX Portal
Worldcoin launches token to distinguish humans from bots
Worldcoin (WLD), a project partly created by OpenAI CEO Sam Alman, launched the token that will be used within the project’s ecosystem on July 24. The project has continuously split opinions from within the crypto space up to Silicon Valley, with some praising the project’s ambition to some calling it “creepy” and “dystopian.” Despite these comments, the project continues to pursue its goal of solving income inequality and online identity authentication. It’s time. 24.7.23 pic.twitter.com/9oHW4DIMJX — Worldcoin (@worldcoin) July 23, 2023 The project was first launched back on March 14,…
Binance, Huobi, Bybit and OKX Listed Worldcoin’s WLD Token, Which has Spiked Over 20%
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