Solana traders notice ‘huge’ bullish pennant as price jumps 17%
Crypto traders note to “watch out” for Solana price action as a bullish pennant pattern has started to form on the price chart.
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City of Shenzhen airdrops 30M in free digital Yuan to stimulate consumer spending
The move comes as part of a government effort-led to revitalize consumer spending as a zero-COVID policy has devastated the countries' economic hubs. 107 Total views 23 Total shares According to local news outlet Shanghai Securities News, the City of Shenzhen will airdrop 30 million digital Chinese Yuan (e-CNY) to local residents in an attempt…

Dutch central bank claims Binance is operating illegally
The warning follows authorities in several countries issuing statements warning investors to exercise caution in regards to Binance, or claiming the exchange was operating illegally. 350 Total views 2 Total shares De Nederlandsche Bank, the central bank of the Netherlands, issued a warning to Binance Holdings Limited and its entities offering crypto services to local…

Bitcoin price bounces 4% as triple ‘death cross’ sparks sub-$50K warning
BTC price weakness sees negative funding rates and a distinctly risk-off mood among Bitcoin traders.

US Freezes Maduro Gov’t Assets as P2P Bitcoin Volume Soars in Venezuela
In a major escalation against socialist president Nicolás Maduro, Donald Trump’s administration has frozen all Venezuelan government assets. The United States’ hawkish move has been reflected in a new all-time-high for peer-to-peer trading volume on LocalBitcoins in the country.Trump takes on the ‘usurper’As the Associated Press (AP) reported on August 5, the U.S. administration’s action took…

Crypto Holder, Congressional Rep. Tulsi Gabbard Formally Launches US Presidential Campaign
Crypto holder Tulsi Gabbard, the United States Representative for Hawaii's 2nd congressional district, has formally launched her campaign for the forthcoming 2020 U.S. presidential elections. The development was reported by tech media platform TrustNodes on Feb. 4.Gabbard — a Democrat who resigned as Vice Chair of the Democratic National Committee (DNC) in order to endorse…

AI tech boom: Is the artificial intelligence market already saturated?
From voice assistants to algorithms predicting global market trends, artificial intelligence (AI) is seeing explosive growth. But as with any emerging technology, there comes a point where innovation risks giving way to oversaturation.The rapid proliferation of AI tools and solutions in recent months has ignited discussions among industry experts and investors alike. Are we witnessing

Bitcoin Whitepaper – 10 Years Since Satoshi’s Vision Was Brought to Life
The evolution of key industries have been historically driven by groundbreaking technological innovations that leave an indelible mark on society.The printing press led to the scientific revolution, the discovery of electricity brought light to the world, radio waves changed the way information was delivered to the masses, and the internet completely overhauled the way we…

Amount of Ether Locked in DeFi Is Growing Despite Price Slump
The number of Ether (ETH) locked in decentralized finance (DeFi) applications reached an all-time high of 2.7 million, according to DeFi monitoring resource DeFiPulse, and has been steadily growing since the end of June. Of the 2.7 million ETH locked, 2.1 million (77%) are locked in the system behind the DAI stablecoin, Maker.Additionally, 337,800 ETH (12.5%)…