Month: August 2024

Tether Collaborates with Rezo Money to Enhance Blockchain Education in Guinea

Darius Baruo Aug 29, 2024 02:40 Tether and Rezo Money team up to promote blockchain education in Guinea, aiming to boost digital literacy and financial inclusion. Tether Operations Limited, a leading company in the digital asset industry, has announced a strategic partnership with Rezo Money, a digital payment platform, to advance blockchain education in Guinea. This collaboration aims to foster digital literacy and financial inclusion in emerging markets, according to tether.io. Educational Workshops in Conakry As part of this initiative, Rezo Money…

Bitcoin’s Sudden Drop: Could This Be a Setup for a Massive Rally? Analyst Weighs In

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Bitcoin, the world’s leading cryptocurrency, has experienced a noticeable decline in its price over the past two days, dropping from a high of $63,000 to as low as $57,000. This decrease can be considered as unexpected as it surprised many. So far, crypto analysts are reassessing their outlook on Bitcoin. Despite no hope of a bullish catalyst in sight, some analysts believe this ongoing plunge could be a temporary setback in a larger bullish trend. Bitcoin Decline Suggests A Setup For Massive Rally? Renowned crypto analyst Javon Marks recently shared his updated perspective…

Signs Of A New Crypto Winter? Warren Buffett’s $1 Billion Stock Sales Spark Market Crash Fears

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Amid growing global economic uncertainties looming over financial markets, including crypto, Warren Buffett has made a significant move by selling an additional $982 million worth of Bank of America stock.  Buffett’s Sale Of Bank Of America Shares According to Bloomberg, this sale marks the continuation of his conglomerate’s reduction of investments in the second-largest US bank. Berkshire Hathaway has trimmed its stake by nearly 13% through sales since mid-July, generating $5.4 billion in proceeds.  These sales mark Buffett’s most substantial retreat from an investment that has historically signaled an endorsement…

Donald Trump Launches 4th NFT Collection Featuring Him Holding Bitcoin — Says ‘They Call Me Crypto President’

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Former U.S. President Donald Trump has released a fourth series of non-fungible token (NFT) digital trading cards. The collection includes 50 unique cards, featuring images such as Trump holding bitcoin. Collectors may receive a physical trading card containing a piece of a suit worn during the presidential debate with Joe Biden and could be invited […] Original

Monero Not Spared, Drops 11% Despite Plans For This Gamechanging Privacy Feature

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Monero, one of the world’s most valuable privacy-focused networks, is under immense selling pressure. XMR, its native currency, is down 11% from this week’s highs, extending losses from June 2024. Overall, XMR remains in a bullish formation, shaking off weakness from Q1 2024, when the coin fell due to compliance reasons. Several exchanges, including Binance, chose to delist Monero and other privacy coins, citing the need to adhere to laid-out laws, mainly in the United States. Boosting Privacy Features On Monero Through FCMP++ Despite the recent sell-off, the Monero community…

On-Chain Development Fuels 44% Surge in Just a Week

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They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian’s journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer…

Bitcoin Layer-2 Network Stacks (STX) Begins Nakamoto Upgrade

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as…

Polygon on-chain activity spikes despite MATIC price dip

Polygon has recorded a notable increase in on-chain activity despite the bearish flip in crypto that has sent MATIC plummeting. While the Polygon (MATIC) price could continue to struggle amid the weakness that currently engulfs Bitcoin (BTC) and the broader crypto market, analysts say the surge in on-chain activity suggests a potential reversal for MATIC. Data shows Polygon’s network has witnessed a spike in both daily active addresses and dormant coins movement. Polygon on-chain activity spikes Santiment notes that Polygon has witnessed a significant spike in dormant MATIC coins on…