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Bitcoin wrestles with resistance, struggles to reclaim $65K
Bitcoin wrestles with resistance, struggles to reclaim $65K

Share link:In this post: Bitcoin’s stuck trying to stay above $65,000, bouncing between resistance and support levels, with no strong buying pressure to break through. Market indicators are giving mixed signals, with some hints at a potential reversal, but overall momentum remains bearish. External factors like the stock market crash, Mt. Gox repayments, and macroeconomics are adding to Bitcoin’s struggle.Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for a

Cryptopolitan·2024/07/25 22:52
Ethereum and L2 blockchains see 127% rise in daily active addresses
Ethereum and L2 blockchains see 127% rise in daily active addresses

Share link:In this post: Ethereum and Layer 2 blockchains have seen a massive 127% increase in daily active addresses, showing a big jump in user engagement. Despite more transactions and lower fees, Ether’s price dropped by 6% in Q2, but it still did better than Bitcoin. Layer 2 solutions are popular for their speed and lower costs.Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We str

Cryptopolitan·2024/07/25 22:52
New Jersey wants to invest city pension fund in crypto ETFs
New Jersey wants to invest city pension fund in crypto ETFs

Share link:In this post: Jersey City plans to invest part of its pension fund in Bitcoin ETFs, following a similar move by Wisconsin’s pension fund. Cities like Los Angeles, Houston, and Nashville are already deep into cryptocurrency, with LA having the most Bitcoin ATMs worldwide. States like Wyoming and Texas are creating friendly environments for crypto businesses, while Miami is embracing the trend with its MiamiCoin.Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no

Cryptopolitan·2024/07/25 22:52
Crypto Markets Lost $100B Overnight as BTC, ETH Plunged to Weekly Lows (Market Watch)
Crypto Markets Lost $100B Overnight as BTC, ETH Plunged to Weekly Lows (Market Watch)

ETH is among the poorest performers on a daily scale amid massive ETF outflows.

Cryptopotato·2024/07/25 10:35
Flash
05:46
Spokesperson for the Central Bank of Indonesia: The Central Bank will continue to strengthen its policy mix and cooperate with the government and parliament to support economic stability.
Bank Indonesia spokesperson: Bank Indonesia will continue to strengthen its policy mix and cooperate with the government and parliament to support economic stability
05:46
Ethereum falls below 1700 USDT
Foresight News reports that according to Bitget data, Ethereum has fallen below 1,700 USDT, currently trading at 1,698.00 USDT, with a daily decline of 4.11%.
05:45
LayerZero will upgrade the default DVN configuration to 3-of-3 on July 9 and plans to deprecate the v1 relayer.
Foresight News reports that LayerZero has released an update announcement, planning to upgrade the default path configuration for Endpoint v1 and v2 on July 9. Specifically: the default configuration for Endpoint v2 will be raised from 2-of-2 to a minimum of 3-of-3; the default library for Endpoint v1 will be switched from ULNv2 to ULNv301. This change only affects applications using the default settings and is expected to cause a brief interruption of about 15 minutes. In addition, LayerZero will deprecate the relayer servicing v1 (ULNv2) on August 3. Teams currently using ULNv2 need to reset to ULNv301, otherwise message delivery will cease. Regarding secure clients, LayerZero will rename the original TypeScript version of Gasolina to Aegis and simultaneously launch a Rust version of the Veritas verification client. Both will run in parallel to enhance RPC consensus robustness. At the same time, LayerZero plans to upgrade all multisig thresholds to 5-of-7 in June and to further increase them to 7-of-10 by the end of summer.
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