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Elon Musk supports Dogecoin at Qatar Forum, boosting its price

Dogecoin, one of the crypto market’s most popular parody coins, is on a tear today. At the time of publication, the cryptocurrency was up 13%. Elon Musk, CEO of Tesla, reiterated his support for cryptocurrency on Tuesday at the Qatar Economic Forum in Doha. According to Bloomberg News, Musk claimed at the Qatar Economic Forum[…]

Cardano developers team prepares to launch first light wallet

Input Output, Cardano’s development team, has released Lace, a new light wallet. This new wallet has several features. According to the development team, the wallet allows users to manage, control, and store their cryptocurrency all in one space. Users will also be able to maintain their Non-Fungible Tokens (NFTs) in the same wallet, allowing them[…]

Cardano (ADA) moves upwards after consolidation

Cardano saw an uptick after moving laterally, and the coin has finally settled above the R7,49 support level. The coin gained 7.2% over the last week, but it has lost 1% of its market value in the last 24 hours. Following the consolidation, the coin aimed for its immediate resistance level. If the coin maintains[…]

Vitalik Buterin attacks the Bitcoin pricing model

Vitalik Buterin, the creator of Ethereum, has taken aim at the contentious Bitcoin price model Stock-To-Flow (S2F). Buterin believes the strategy is “not looking good” and has openly attacked it for providing cryptocurrency investors with a “false sense of certainty.” According to Buterin, this creates the illusion that Bitcoin will always move upward. As evidenced[…]

Deloitte and NYDIG form a partnership to promote Bitcoin

Deloitte, a Big 4 auditing firm, has struck a strategic alliance with NYDIG to make Bitcoin (BTC) a more accessible digital currency for all. According to Deloitte, the agreement will make it simple for businesses of all sizes to integrate Bitcoin services by leveraging NYDIG’s infrastructure. Companies that use the onboarding path offered by this[…]

Vitalik Buterin not worried about Eth price dip

Vitalik Buterin, the founder of Ethereum, and his father, Dmitry “Dima” Buterin discussed the cryptocurrency market, volatility, and speculators. Buterin stated in an interview with Fortune Magazine that he is unconcerned with ETH’s price decline. Buterin and his father both claimed to be accustomed to instability. The second most valuable cryptocurrency by market capitalization fell[…]

Bitcoin Miners reduce selling

Bitcoin miners appear to have slowed their unloading of tokens, indicating that some selling pressure on the token may have subsided.Bitcoin prices have stabilized around R319K after falling as low as R285K in the previous week. The token now appears to consider R319K to be a support level. The majority of this drop was also[…]

Vasil hardfork is ADA’s biggest upgrade-C. Hoskinson

The highly anticipated debut of the Cardano (ADA) Vasil hardfork was postponed on June 20, with senior Cardano developer Input Output publicly declaring that the launch had been pushed back to the end of July. In response, Cardano founder Charles Hoskinson turned to his YouTube channel on June 20 to offer his opinions on the[…]

Bitcoin rises back above R336k, after falling under 272k

Bitcoin has returned to the R336K area, giving investors some hope. The cryptocurrency market sell-off dropped the price of the first cryptocurrency below its all-time high in 2017, putting immense pressure on the whole market. The market did not anticipate such a dramatic drop, especially below the “unbreakable” R304K support, but BTC is again back[…]

Crypto.com moves to South Africa with rand wallet

Crypto exchange Crypto.com has announced the release of a rand wallet. Non-rand fiat wallets, on the other hand, would be disabled for South African clients. “We have partnered with a local bank to offer certain products and services that are compliant with local legislation, applicable law, and client demand,” a  spokesperson explained. Crypto.com is well-known[…]

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