Russia’s central bank digital currency (CBDC) project, the digital ruble, has taken a step closer to reality. On July 11, the lower chamber of the Federal Assembly of the Russian Federation, the State Duma, passed the digital ruble bill in the third reading. The legislation now moves to the assembly’s upper […]

Ripple may be holding its breath a bit longer after a United States district court judge refused to rule on if the secondary sale of LBRY Credits (LBC) constitutes a security. On July 11, t Judge Paul Barbadoro made the ruling in the case that the United States Securities and […]

Algofi, the borrowing and lending protocol built on decentralized finance blockchain Algorand, will soon shut down. According to a July 11 announcement, developers’ “belief in the strength of Algorand’s technology and novel consensus algorithm has not wavered,” however, the Algofi platform will nevertheless wind down soon: “A confluence of events […]

A person is using the Multichain Executor to drain tokens associated with the AnySwap bridging protocol, according to a July 10 report from on-chain sleuth and Twitter user Spreek. The report follows outflows of over $100 million from Multichain bridges that occurred on July 7, which were reported by the […]

Cryptocurrency analysts of Coinidol.com report, Ethereum price (ETH) is falling, but it has reached bearish exhaustion. Ethereum price long-term analysis: bullish The cryptocurrency price is falling and finding support between the moving average lines. When the moving average lines are broken, the largest altcoin will trend. At the time of […]

The crypto market outlook is positive today, July 11, as its cap shows a gain of 0.69% at the time of writing. But while the top assets struggle, Solana (SOL) shows impressive gains in the 24-hour and 7-day trends. At the time of writing, SOL has gained 6.07% in 24 hours […]

Paxful, founded in 2015, has established itself as one of the world’s prominent peer-to-peer Bitcoin marketplaces, with a strong mission to enable financial access for individuals globally. Boasting an extensive user base of 9 million and offering over 350 payment options, the platform has garnered substantial popularity. However, on July […]

Bitcoin has reached a critical juncture in its current market cycle, according to a recent analysis conducted by on-chain analytics firm Glassnode. The data reveals striking similarities to historical patterns, raising questions about the potential emergence of a familiar phenomenon: the re-accumulation period. A Resilient Market: Bitcoin Holds Firm At […]

Crypto investment firm Paradigm’s special counsel Rodrigo Seira has slammed the United States securities regulator for “wrongfully” pursuing crypto exchange Bittrex in an attempt to police secondary crypto markets. In a July 11 Twitter thread, Seira added his thoughts after an amicus brief filing from Paradigm, arguing that the U.S. […]

Ethereum price is attempting a fresh increase from $1,825 against the US Dollar. ETH could rally if there is a clear move above the $1,900 resistance. Ethereum is currently attempting a recovery wave above the $1,855 zone. The price is trading above $1,865 and the 100-hourly Simple Moving Average. There […]