Category Archive: Cryptocurrency, No picture
What is decentralized science?
Key Takeaways DeSci leverages blockchain for democratized funding and open access publishing. Challenges for DeSci include regulatory issues and institutional resistance. Decentralized science (DeSci) is an emerging movement that aims to revolutionize scientific research by leveraging blockchain technology and Web3 principles. At its core, DeSci seeks to address longstanding issues in traditional scientific practices around […]
Solana-based meme coins rise up to 67% as Bitcoin slumps
Key Takeaways Solana-based meme coins surged up to 67% while Bitcoin declined 2% in 24 hours Gigachad (GIGA) led the Solana meme coin rally with a 217% increase over seven days Solana-based meme coins are among the categories with the largest gains in the past 24 hours, presenting a 5.6% growth, while Bitcoin (BTC) struggles […]
The transformative impact of blockchain on healthcare: A glimpse into the future
Blockchain technology holds immense promise in revolutionizing healthcare, offering solutions to multiple challenges in the industry. The significance of this technology can positively impact daily healthcare routines, drug counterfeiting prevention, telehealth and telemedicine integration, optimization of medical billing, and the challenges associated with its implementation.Blockchain in Daily Healthcare RoutineThe potential of blockchain to transform healthcare […]
Web3 adoption hinges on high-quality nodes, says Lava Network CEO
Key Takeaways Faulty nodes hinder dApp interactions and crypto adoption. High-quality nodes require uptime, availability, latency, and other crucial parameters. A current problem for blockchain networks is the existence of faulty nodes, which affects the way end users interact with decentralized applications (dApps) and presents a hindrance to crypto adoption. Yair Cleper, CEO of infrastructure […]
Bitcoin to hit $100K by US election day, Standard Chartered predicts
Key Takeaways Bitcoin could hit a new all-time high in August, according to Standard Chartered. Potential $100,000 bitcoin price tied to the US presidential election outcome. Standard Chartered Bank’s head of forex and digital assets research, Geoffrey Kendrick, predicts Bitcoin could reach a new all-time high in August and hit $100,000 by the US presidential […]
Robinhood eyes crypto futures in US and Europe
Key Takeaways Robinhood considers offering crypto futures in US and Europe after Bitstamp acquisition. Global crypto derivatives market volume reached $3.69 trillion in May, surpassing spot trading. Robinhood ]is exploring the possibility of offering crypto futures in the US and Europe in the coming months, as reported by Bloomberg citing sources familiar with the matter.Following […]
Bitcoin ends downtrend and is set to pursue $71,500, says trader
Key Takeaways Bitcoin broke June downtrend, forming new higher low on weekly timeframe Spot Bitcoin ETFs recorded $129 million in net inflows on July 1 Bitcoin (BTC) broke its June downtrend and resumed its previous uptrend in July, according to the trader identified as Rekt Capital. The goal now is to build a price foundation […]
Solana ETF applications fail to boost market enthusiasm: Kaiko
Key Takeaways VanEck and 21Shares file for spot SOL ETFs, but market impact remains limited Combined BTC/ETH ETFs show improved risk profile, potentially attracting traditional investors Last week, VanEck became the first US asset manager to file for a spot Solana (SOL) exchange-traded fund (ETF), with 21Shares following suit. The news initially boosted SOL’s price […]
Coinbase files motion to reinforce judge’s ruling on Binance case: Secondary market transactions not securities
Key Takeaways Coinbase uses Judge Jackson’s ruling to argue for consistent securities law enforcement in crypto. The motion calls for clarity in the application of the Howey test to crypto transactions. Coinbase has filed a motion with Judge Katherine Polk Failla, referencing Judge Jackson’s recent ruling in the SEC vs. Binance case, said the firm’s […]
Polymarket hits $100 million in monthly trading volume amid US election fever
Key Takeaways Polymarket reached $111 million in monthly trading volume, a 77% increase from May. The platform recorded 29,432 monthly active traders in June, showing 116% growth. The monthly trading volume for the Polygon-based prediction market Polymarket surpassed $100 million for the first time since its inception. According to a Dune Analytics dashboard created by […]
