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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
22:59
Chainalysis: Peptide suppliers in the grey market are increasingly using Bitcoin and stablecoins
Odaily reported that Chainalysis released a report stating that as the demand for grey-market peptide products (such as weight-loss drugs like semaglutide) grows rapidly, relevant suppliers and buyers are increasingly using cryptocurrency for transactions, with major suppliers mainly relying on Bitcoin and stablecoins. The report shows that in the first quarter of 2026, crypto funds flowing into this sector reached 32 million US dollars, representing a 159% increase from the previous quarter’s 12 million US dollars. The annualized volume has already exceeded 100 million US dollars. Chainalysis pointed out that demand for peptide products is driven by cosmetic medicine, health and wellness trends, and the popularity of GLP-1 drugs. However, as these products often involve prescription-grade compounds or unregulated substances, traditional banks and credit card processors typically restrict such transactions, prompting the market to shift to crypto payments. The organization also noted that some leading suppliers have adopted more professional on-chain fund management methods. Especially among suppliers with an average transaction deposit over 1,000 US dollars, the share of stablecoins has increased significantly, which may be to reduce the risk of large supply chain orders being affected by crypto market volatility.
22:52
Shielded Labs discloses that the Orchard forgery vulnerability has been fixed
Shielded Labs disclosed a vulnerability in Orchard that could have been used to generate an unlimited amount of counterfeit ZEC. The issue was fixed on June 2, and zcash:native dropped by 27%. (Decrypt)
22:51
Major US banks including JPMorgan and Citi to launch tokenized deposit systems
Major U.S. banks, including JPMorgan and Citi, plan to launch a tokenized deposit system to compete with cryptocurrencies. (Watcher.Guru)
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