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Category: crypto

July 31, 2023

Axie Infinity traders, be prepared! AXS likely to fall to $5.8

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. The market structure…

July 31, 2023

Coinbase distances itself from CEO Brian Armstrong’s comments on SEC investigation

Coinbase has publicly distanced itself from statements made by CEO, Brian Armstrong, which suggested that the U.S. Securities and Exchange Commission (SEC) had requested…

July 31, 2023

Nifty News: Yuga Labs to buy metaverse studio, Etihad NFT staking to take off and more

Roar Studios will be acquired by Yuga Labs as the latter looks to onboard talent for its still-in-development Otherside metaverse. Yuga Labs accelerates Otherside…

July 31, 2023

Is sticking to XRP the key to long-term gains?

An analyst opined that investors should consider holding XRP. XRP’s price action tilted toward the bearish area but network activity improved. As investors constantly…

July 31, 2023

‘Let’s just diversify and see’ — Binance CEO on its stablecoin strategy

Due to regulatory and transparency risks, CZ says that spreading risk across different stablecoins is the key to longevity. Binance CEO Changpeng ‘CZ’ Zhao…

July 31, 2023

Stablecoin GHO lingers below $1 since launch – why?

Although designed to trade at $1, GHO exchanged hands below this peg. This is mostly due to a drop in the coin’s demand. After…

July 31, 2023

Digital Currency Group nearing settlement with Genesis creditors; reports $216M Q2 revenue as new CFO takes helm

Digital Currency Group (DCG) is close to settling with the creditors of its subsidiary, Genesis, Bloomberg said on July 31. DCG reportedly released its…

July 31, 2023

ETH validators witness MEV reward spike but not without bear trouble

MEV rewards spiked to over 6,000 during the weekend. Ethereum transactions and TVL remain normal as ETH’s bearish trend continues. Amidst a whirlwind of…

July 31, 2023

Judge rejects motion to dismiss Terraform case, disagrees with Ripple decision

Judge Jed Rakoff gave a detailed interpretation of the Howey test that was at odds with the decision on the SEC case against Ripple….

July 31, 2023

Bitcoin whales vs HODLers: Which cohort will tilt the price of BTC?

BTC whales were exerting selling pressure on the coin in the derivatives market.  However, a few metrics suggested a market bottom, increasing the chances…

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