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Showing posts from July, 2023

DOGE Community on Edge as Musk Hints ‘Something Special’ Coming to X

Elon Musk’s tweet on Sunday raised speculation about DOGE’s integration on X. The billionaire previously raised similar suspicions with the X app logo and the DOGE symbol in his bio. His Sunday tweet caused a temporary spike in DOGE’s price. Since the change from Twitter to the X app, Elon Musk has repeatedly hinted at a possible integration of Dogecoin into the X app. Last Sunday, the billionaire who is also the owner of X app, Tesla, and SpaceX made a tweet that raised these suspicions again. The billionaire tweeted, “Something special is coming soon,” with many comments asking if Musk was referring to DOGE. One of the things fueling these speculations is the logo of the X app and Musk adding the DOGE symbol on his bio. Elon Musk is one of the biggest advocates of Dogecoin. Initially created as a joke, the meme coin has since become one of the biggest cryptocurrencies in circulation. Since 2019, the billionaire has not made shy his interest in the coin,...

The Weekend Shift: DeFi and Exploits

Welcome to the 128th Weekend Shift! What’s the deal? Over the weekend, we’ll update this post with some of the most interesting articles, podcasts, charts, and opinion pieces we’re too busy to write about. OK, only Crypto ? Not necessarily. We do that Monday to Friday, so we try to explore new subjects on weekends. Feel free to join in and submit entries on Twitter. Any topic is fair game. 39 mins ago Arkham Intelligence, Reserve, and the Leverage Research ‘cult’ https://t.co/ioMeG2Onro — Protos (@Protos) July 28, 2023 Starting off with out latest investigation. 39 mins ago A number of stablepools (alETH/msETH/pETH) using Vyper 0.2.15 have been exploited as a result of a malfunctioning reentrancy lock. We are assessing the situation and will update the community as things develop. Other pools are safe. https://t.co/eWy2d3cDDj — Curve Finance (@CurveFinance) July 30, 2023 Just in 25 mins ago Couple more vyper exploits on BNB Chain pic.twitter....

Bitcoin’s Profitable UTXOs Drop Amid Rising Non-Zero Addresses

Bitcoin’s number of UTXOs in profit has reached a one-month low. Bitcoin’s non-zero addresses recently reached an all-time high (ATH) of 47,777,267. Both UTXO and Non-Zero addresses are crucial in understanding Bitcoin’s on-chain activities. Glassnodealerts, the definitive on-chain Twitter alerts account by Glassnode, recently tweeted that Bitcoin’s number of Unspent Transactions (UTXOs) in profit has reached a one-month low. The metric’s value at the time of Glassnodealert’s tweet was 129,682,989.738. #Bitcoin $BTC Number of UTXOs in Profit (7d MA) just reached a 1-month low of 129,682,989.738 View metric:https://t.co/JhaqOL08GQ pic.twitter.com/pz1B2JUfFZ — glassnode alerts (@glassnodealerts) July 29, 2023 Shortly before the alerting about Bitcoin’s UTXO, Glassnode also alerted the Bitcoin community about the increasing number of non-zero addresses. According to the alert, Bitcoin’s non-zero addresses recently reached an all-time high (ATH) of 47...

Argo Introduce ArgoPetz

Argo introduces ArgoPetz, the next phase of the Argonauts & Atlantis expansion. This is an extremely unique companion to the Argonauts and is utility packed. ArgoPetz are galactic creatures that come in a variety of forms, each with its unique looks and attributes. But ArgoPetz are more than just companions; they have practical uses within the Argo ecosystem — the key being the only known way to access the Atlantean Trove, the upcoming Minting Details Date: 31st July 2023 Time: 2 PM UTC Argo Protocol will be dropping a separate post in the coming week to share more about the minting details — Mint Price, Max quantities, Mint Milestones, Mint Rewards, and Exact timing for whitelists/public. Stay tuned. Whitelist Whitelists will be very competitive, but you will be able to get them if you meet any of the below criteria: Hit 2000 XP on our latest Zealy Sprint Own 3 or more Argonauts Own 3 or more Planets Winning Partner giveaway Snapshots for Argonaut & Planets holders will be tak...

Optimism overtakes Arbitrum in daily transactions after Worldcoin launch

Onchain data reveals that Optimism, an Ethereum layer-2 platform, has overtaken Arbitrum in daily transactions for the first time. Dune Analytics data indicates that Optimism clocked 844,290 transactions on July 25, surpassing Arbitrum’s 630,534 in the same period. This surge can be associated with the release of Worldcoin (WLD), a platform led by Sam Altman, one of the figures behind the development of ChatGPT, on Optimism.  You might also like: Optimism to upgrade mainnet in June Worldcoin has gained significant attention, despite being criticized after launching.  Optimism just surpassed Arbitrum in daily transactions for the first time in 6 months pic.twitter.com/CFd4v3LAhe — The DeFi Investor (@TheDeFinvestor) July 26, 2023 Nevertheless, Worldcoin’s approach to distribution — an airdrop that required users to have their eyes scanned at specific global locations — has attracted over 250,000 holders.  In terms daily active wallets, Optim...

Bitcoin Price Begins Run-Up To $35k – Here's Why

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This bullish wave appears to be traversing the market, as Ethereum is up 1.3% to $1,876, XRP is up 2% to $7.1 while BNB is trading at $242 following 1.8% of 24-hour gains. advertisement Bitcoin Price Ready to Tackle $30k Resistance Bitcoin price is on the move to retest the seller congestion at $30,000. Its uptrend is grounded in the support established around $29,000 – an area that has been instrumental in preventing declines to $28,000 and subsequently $25,000. The ongoing uptrend could be attributed to oversold conditions in lower timeframes – likely to result in a buy signal from the Moving Average Convergence Divergence (MACD) indicator. That said, traders should be on the lookout for a potential bullish cross in the momentum indicator, especially on the daily chart, marked by the MACD line in blue crossing above the signal line in red. Recommended Articles ...

XRP News: FOX Sr. Journalist Calls Ripple Case Ruling Dual Notion; XRP Lawyer Replies

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Also Read: Dogecoin Payments On X Hard To Roll Out, Says Coinbase Exec advertisement Is XRP Ruling A Judge’s Mistake? Charles Gasparino, a FOX News Senior correspondent in a fresh attack stated that there are too many securities lawyers he can suggest who thinks that the Judge in XRP lawsuit gave a strange decision. He mentioned a statement given by the former SEC official John Reed Stark which suggests that the ruling in the Ripple case is troublesome on multiple fronts. Attorney John Deaton, XRP holders’ lawyer took cognizance of the matter and stated that he is familiar with the former SEC executive’s opinion. XRP ’s lawyer has invited Stark to debate the merits of Judge Torres’s decision. Pro- XRP lawyer claimed that former SEC official’s assertions were wrong before the ruling in the XRP lawsuit was announced. However, he still stands wrong, Deaton added. Read More XRP News Here… Reco...

XRP Headed Towards $5? Cryptocurrency Experts Weigh-in

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Ripple ’s native token XRP is now the most traded altcoin of 2023 and its rally was fueled by the recent win against the SEC. In a historic ruling, Judge Analisa Torres said that XRP is not a security, and the move has been seen as a win for the overall cryptocurrency markets. The victory has rekindled interest in the markets ushering in a new era without the purview of the SEC. XRP skyrocketed nearly 75% after the judgment and is attracting bullish sentiments in the indices. Also Read: Twitter’s X To Become Half of the World’s Financial System: Elon Musk Source: kaiko XRP is looking to climb above the $1 mark and investors believe its price could move further, as it’s now free from all legal bindings. Several predictions estimate that its price could hit $5 in the coming months. However, cryptocurrency experts analyzed the prospects of XRP hitting $5 and weighed their opinions. Ripple: Will XRP Hit $5 in 2023? Source: Coingape Jake Hill, CEO of loan consolidati...

Bitcoin dominance wanes: Chainlink, Borroe, and Monero step up in altcoin season

The crypto market is dynamic, and the declining dominance of Bitcoin seems to be supporting emerging altcoin s. Notably, Borroe (ROE), Chainlink (LINK), and Monero (XMR) are finding support and may post gains in future sessions. As momentum shifts from the legacy coin, let’s explore what these three altcoin s bring to the table in this evolving landscape. Borroe: a funding platform for content creators and web3 As investors explore new opportunities in the market, a notable altcoin season has emerged, with Borroe leading the way as a project in the decentralized finance (defi) space aiming to reshape funding methods. Catering to the web3 community, Borroe provides a platform for content creators, artists, musicians, and others to convert future earnings into cash. Additionally, businesses can tokenize their invoices, royalties, subscriptions, and more as non-fungible tokens (NFTs) and offer them at discounted prices on the Borroe platform. Investors can purchase fractionali...

Ripple Price Prediction (XRP): July-End 2023

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The Securities and Exchange Commission [SEC] and Ripple ’s dispute have gone through several stages. The cryptocurrency community is speculating about the case’s outcome as it approaches its conclusion. The case has been ongoing for more than two years, and the conflict seems interminable. The ongoing legal dispute also had an impact on XRP’s price and discouraged retail investors. XRP’s price has not been quite as high as compared to other altcoins. XRP is trading at $0.7051, with no major volatility over the past 24 hours. Also read: Worldcoin WLD Market Cap Surges to $350 Million, Price Doubles XRP is down by 4.5% over the last 7 days and is 81.68% down from its all-time high of $3.84. Here is our price prediction for Ripple for July-end 2023. Source: Financial Times Ripple price prediction for July-end 2023 Cryptocurrency experts at Changelly predicted the price of Ripple for the end of July 2023. According to the analysts, XRP is forecast to reach a minim...

‘Is X Token Related to the New Twitter?’ Asks Crypto Community

Twitter owner Elon Musk announced the rebranding of Twitter to X. Since the announcement, coins such as the X token, have seen surprising climbs. Musk’s favorite crypto DOGE is currently trading at $0.07141. Since Elon Musk announced the rebranding of Twitter to X, the crypto sphere has witnessed tokens with similar names surging in value. One such token to take the spotlight these past few hours is the X token. Though this coin has no relation to Twitter or its rebranding efforts, the X token skyrocketed in price, registering an increase of 1800%. Interestingly, several other tokens with similar “X” in their names have seen a rapid climb in value as well. It was yesterday that Musk announced the rebranding strategies of Twitter with a Tweet stating, “And soon we shall bid adieu to the twitter brand and, gradually, all the birds.” The news, however, was not well received with several users arguing that the overhaul of a well-known and well-loved brand was...

$2 million crypto graphics card counterfeit scheme busted in China

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Several suspects have been apprehended in China for selling used graphics cards as new to crypto miners in a counterfeit operation, reports on July 20 reveal. Their modus operandi involved purchasing relatively new GPUs in bulk from miners, cleaning them, removing identifying marks, and repackaging them to appear as brand-new models. The arrest came after a year-long investigation by police in the Bincheng district of Binzhou City. During the operation, authorities discovered numerous mining enclosures missing their graphics cards in a warehouse.  You might also like: China’s digital yuan hits $250 billion in transactions Seven people have been arrested in connection with the $2 million graphics card counterfeit scheme . The suspects, all Chinese nationals, are accused of producing and selling counterfeit graphics cards that look like genuine products from well-known manufacturers. The group exploited the current global chip shortage and the resulting hi...

Polygon ID becomes available on Ethereum after partnership with Rarimo

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Interoperability protocol Rarimo has partnered with Polygon ID, enabling the use of its verifiable credential infrastructure across multiple blockchains. Rarimo, a tool that helps different blockchains talk to each other, has joined forces with Polygon ID, a system for checking identities, to make their identity-checking tools available across many different blockchains, turning Polygon ID into a multi-chain tool. Polygon ID had previously allowed identity checks only on the blockchain where they were first set up. For example, if you made your ID on Polygon, you couldn’t use it on Ethereum (ETH), meaning users had to make a new ID for each blockchain. But now, with this partnership , IDs made on Polygon (MATIC) can be used on Ethereum. Other blockchains like BNB Chain (BNB) and Avalanche (AVAX) are also expected to join this list soon. Rarimo is excited to announce a collaboration with @0xPolygonDevs & @0xPolygonLabs’ PolygonID Polygon ID’s zero knowledge proofs are now ...

Bitcoin no longer asset of choice for criminals - former Elliptic crypto advisor

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Criminals have moved away from using Bitcoin for money laundering, with stablecoins emerging as an alternative due to accessibility. Crime in Web3 is shifting away from Bitcoin (BTC) to stablecoins while ponzi schemes remain prevalent, according to Elliptic’s former head of technical crypto advisory. Tara Annison shared the latest insights from the murky world of cryptocurrency-related crime during a presentation on the final day of EthCC in Paris, addressing a wide variety of ways in which digitals assets are either facilitating crime or being used to launder funds. According to Annison, Bitcoin is no longer the cryptocurrency of choice to carry out illicit activities or launder money. As the cryptocurrency industry has matured, the establishment of decentralized finance (DeFi) protocols, mixing services and stablecoins present new avenues for criminals to explore. Source: Tara Annison. Criminals have shifted towards using dollar-denominated asset s, like USD Coin (USDC), as their ea...

DOGE Bulls Defend Key Support, But Can They Break Lower High Trend?

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Crypto trader tweeted that $0.07032 was a key support for DOGE and 0.065 was the threshold of losing momentum. RSI and PVT indicators denote that DOGE is on a strong trend; DOGE may make its first higher high for 2023. DOGE seeks support from the 3:1 Gann line which catapulted DOGE to high prices. It may catapult DOGE once more. Crypto trader and investor Elizy tweeted that $0.07032 was a key support level for Dogecoin. In the Analysis , it could be seen that Dogecoin was making lower highs being subjective to the trend line. As per Elizy’s view, since the $0.07032 support level is a key point, Dogecoin could rise if the bulls manage to defend this support level. This level is key $DOGE pic.twitter.com/XFYduDdkHw — EliZ¥ (@eliz883) July 19, 2023 However, another Twitter user raised a counter-argument against Elizy’s view and stated that the key support for Dogecoin was a bit lower than Elizy’s support. Nonetheless, Elizy who was strong in his opini...