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Home2023August

Month: August 2023

Crypto's Volatile Week Continues as Inflation Softens to 7.7%
Market Analysis

Crypto’s Volatile Week Continues as Inflation Softens to 7.7%

August 21, 2023 admin

Key Takeaways Inflation has registered a 7.7% year-on-year increase in October. The figure is 0.2% less than the analyst expectation of a 7.9% increase. The crypto market has bounced on the news, but it still […]

Bitcoin Ordinals' Sales Volume Plummets Over 97% Since May Peak: DappRadar
Bitcoin

Bitcoin Ordinals’ Sales Volume Plummets Over 97% Since May Peak: DappRadar

August 21, 2023 admin

The fervor that surrounded Bitcoin Ordinals seems to have waned, with sales volume dropping more than 97% from its all-time high in May 2023. However, some community members believe Bitcoin Ordinals are not dead, some […]

Friend.tech generates over $1M fees in 24h, surpassing Uniswap, Bitcoin networks
NFT

Friend.tech generates over $1M fees in 24h, surpassing Uniswap, Bitcoin networks

August 21, 2023 admin

Friend.tech, a recently released decentralized social (DeSo) network, has generated over $1 million in fees in 24 hours on Aug. 19, outperforming established players in the crypto ecosystem, including Uniswap and the Bitcoin network. The […]

Ether whale dumps $41M days before the market crashed
Ethereum

Ether whale dumps $41M days before the market crashed

August 21, 2023 admin

A crypto whale holding massive amounts of Ether (ETH) sold $41 million worth of the asset a few days before the market crashed, avoiding a potential $5-million loss.  The trade was flagged by the blockchain […]

Blockchain

Ripple CTO clarifies on SEC appeal, highlights case complexity

August 21, 2023 admin

In a recent update on X (formerly Twitter), the chief technology officer of Ripple Labs, David Schwartz, brought attention to a recent development involving the United States Securities and Exchange Commission’s (SEC) appeal.  According to […]

NFT Platform Recur to Shut Down Despite $50M Raise and Big Name Backers
Cryptocurrency

NFT Platform Recur to Shut Down Despite $50M Raise and Big Name Backers

August 21, 2023 admin

The NFT startup Recur said on Friday that its Web3 platform is winding down—unable to weather the chills of crypto winter despite hosting the IP of several big brands like Hello Kitty and Nickelodeon. Over […]

HBAR, OP, INJ and RUNE flash bull signals as Bitcoin price looks for stability
Altcoin

HBAR, OP, INJ and RUNE flash bull signals as Bitcoin price looks for stability

August 21, 2023 admin

Trader sentiment has turned bearish following Bitcoin’s (BTC) 11% slump this week. Although Bitcoin is taking support near $25,000, several analysts are factoring in another leg down toward the crucial $20,000 level. The weakness is […]

US judge rules in favor of human ingenuity, denies copyright for AI art
Regulation

US judge rules in favor of human ingenuity, denies copyright for AI art

August 20, 2023 admin

In a recent court decision, United States District Judge Beryl Howell upheld the stance of the U.S. Copyright Office that artworks created solely by artificial intelligence (AI) are not eligible for copyright protection. This verdict […]

Friend.Tech Trading Volumes Soar as Buyers Surpass 50,000
Business

Friend.Tech’s Trading Activity Surges with Over 50,000 New Buyers

August 20, 2023 admin

Just ten days since its launch, Friend.Tech has taken the internet by storm.  Built on the Base Layer 2 blockchain, the latest Web3 social app allows users to trade tokenized “shares” with their favorite influencers. […]

How low can the Bitcoin price go?
Market Analysis

How low can the Bitcoin price go?

August 20, 2023 admin

The price of Bitcoin (BTC) has fallen to its lowest in over two months on news that SpaceX has written down its BTC holdings. BTC price volatility finally returned to the market on Aug. 17 […]

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  • Banking Giant Standard Chartered Expands Crypto Custody to Singapore
    October 8, 2026
  • NextBlock invests $3M in Soda Labs to expand blockchain privacy
    October 8, 2026
  • BITCOIN CRASHING! Is The Bull Market Over?
    October 8, 2026
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