Day: July 11, 2024

Drake Loses $300K Bitcoin Bet, ARG Fan Token Soars 40%

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Canadian rapper Drake lost another Bitcoin bet after Argentina beat Canada 2-0 in the Copa America semifinals. The Argentine Football Association (AFA) fan token soared over 40% following the victory. Related Reading Bitcoin Bet Lost: Did The ‘Drake Curse’ Do It Again? On Monday, Drake shared on Instagram that he had bet against the Argentina National Football Team. Ahead of the match, the rapper placed a $300,000 bet in Bitcoin that the Canada National Football Team would defeat the World Cup champions 1-2. Drake also teased the Argentine fans, saying,…

Mt. Gox and the German government sunk the crypto market

Binance Research revealed a report on the cryptocurrency market for June 2024. According to the latest research, market capitalization declined by 11.4% over the month. However, this trend is typical for June — over the past five years, the crypto market closed June with a positive indicator only twice. Source: Binance Research In addition, nine out of ten assets by market capitalization ended the month in the red. According to experts, this decline was caused by news about payments to Mt. Gox and the U.S. and German governments’ movement of…

Trump to Address Bitcoin 2024 Conference in Nashville

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According to a report from Bitcoin Magazine, Donald Trump, the 45th president of the United States and a 2024 presidential candidate, will be speaking at Bitcoin 2024 in Nashville. This announcement follows Trump’s recent support for bitcoin (BTC) and the Republican party’s inclusion of the cryptocurrency in their platform. The party has committed to safeguarding […] Original

SKALE’s ‘Pacifica V3’ Upgrade to Double Transaction Throughput

July 18: SKALE, the gas-less EVM-compatible modular blockchain network, launched the Pacifica V3 upgrade, “which accelerates block mining speed by 108% and increases transaction throughput by 122%,” according to the team: “Leveraging its unique modular AppChain architecture, this upgrade brings significant advancements to SKALE Network’s capabilities, including improved transaction speed and predictability, enhanced network performance and improved developer tools.” Source

Dogecoin Price In Trouble Amid 108 Million DOGE Dump On Robinhood

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Dogecoin has been in a price decline for the past seven days as the entire crypto market continues to be dominated by a fear sentiment. Furthermore, the meme cryptocurrency recently encountered rejection due to fresh bearish pressure. This occurred as the cryptocurrency attempted to recover some of the losses it had sustained last week.  According to various social media posts by whale transaction tracker Whale Alerts, there have been multiple instances of large Dogecoin transfers in and out of exchanges during this price decline, with the latter being prevalent and…

Trump to Speak at Bitcoin Conference in Nashville on July 27

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Crypto Pundit Forecasts $600 Price Target

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In recent weeks, Solana (SOL), the 5th largest cryptocurrency on the market, experienced a period of decline, hitting a two-month low of $121 on Friday. The coin’s value struggled to break above the $188 level in May, resulting in a continuous downtrend further exacerbated over the past seven days with the general market’s correction.  However, crypto analyst Jelle has sparked optimism by suggesting the potential for substantial gains for SOL in the coming months, reminiscent of the fabled “Solana Summer” of 2021. Analyst Draws Parallels To 2021’s “Solana Summer”  Jelle…