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Best Wallet has just launched an airdrop campaign for its native BEST token. The Web3 wallet is offering users an exclusive chance to earn tokens through a series of quests and activities. With the airdrop now live, investors and traders are eager to learn how they can get involved – and potentially benefit down the line. Best Wallet – The All-in-One Platform for Web3 Users Best Wallet is positioning itself as the go-to Web3 wallet for 2024. Available on both Google Play and the App Store, it’s not just another place to store your crypto. This wallet supports 60+ chains, covering all the big names like Bitcoin, Ethereum, and Solana. But here’s where things get interesting. Best Wal...

Analysts are skeptical that the US Securities and Exchange Commission (SEC) has let Solana off the hook after the regulator retracted its request for a court to classify tokens including SOL as securities.   “The explanation here is simple: Politics,” said General counsel and head of decentralization at a16z Crypto, Miles Jennings, in a July 30 X post. ”T he SEC is opting to forego their unbounded legal theories in front of a skeptical judge (Jackson), but will still pursue those claims in front of a judge that’s inclined to agree with them (Failla).” Jennings said such ”antics” are further evidence that the SEC’s enforcement actions are “about lawfare, not the rule of law.” SEC Still Names SOL And Other Tokens As Securities In Coinbase Case Jennings added that Judge Amy Berman Jackson setting a high bar to determine if the Howey test was satisfied in the Binance case may have prompted the regulator to decide it...

The Bank of Israel’s recent initiative, the Digital Shekel Challenge, marks a pivotal step towards realizing a central bank digital currency (CBDC) based on the New Israeli Shekel (NIS). This innovative experiment, inspired by the BIS Innovation Hub’s “Project Rosalind,” aims to explore the potential applications and impacts of a digital shekel on Israel’s financial ecosystem. Recently, the Bank of Israel announced its selection of fourteen teams to participate in this challenge, a groundbreaking experiment for Israel, and proceed to the next stage. Among the teams selected for this challenge are notable names such as Kima Finance, Fireblocks, and Paypal Israel. These entities represent a diverse array of sectors, including fintech, payments, and academic innovation. The goal is to develop and test various technological applications for the digital shekel using the provided API layer. The Digital Shekel Challenge invited teams from commercial banks, finan...

Whales scoop Bitcoin as pullback dents bulls’ momentum Bitcoin price touched lows of $65,911 as US government transferred its Silk Road BTC Bitcoin pulled back from its intraday highs around $70k on Monday to wipe gains seen after former US President Donald Trump highlighted the recently concluded Bitcoin 2024 conference. But the upside move built around Trump’s speech faded abruptly after the US government moved $2 billion in BTC from the Silk Road. The news spooked investors, crashing the crypto market. The price of Bitcoin fell more than 4% to lows of $65, 911 across major crypto exchanges, pushing into the negative territory on the weekly chart and cutting 30-day gains to just 8.8% at the time of writing. Gemini co-founder Tyler Winklevoss, commenting on the BTC transfer, noted that it came only two days after Trump “pledged to never sell any of the US government’s bitcoin.” It’s a view that many across the crypto comm...

The Bitcoin market faced resistance at $70,000 on July 29, suggesting that sellers vigorously defend the area between $70,000 and $73,777. Despite this, the volatility in Bitcoin’s price has had a minimal effect on altcoins. A survey by Santiment on X indicates that many traders are optimistic about Bitcoin reaching a new all-time high by October, despite recent price corrections. Investors have been purchasing Bitcoin, anticipating a potential breakout from its current consolidation phase. The latest CoinShares report highlights that Bitcoin saw significant inflows of $519 million last week, bringing July’s total to $3.6 billion and the year-to-date total to $19 billion. This influx of capital is believed to be driven by growing speculation about Bitcoin’s potential role as a strategic reserve asset in the US and expectations of a possible Federal Reserve rate cut in September. Daily cryptocurrency market performance. Source:  Coin360 Anot...

The Ethereum price surged almost 5% in the last 24 hours to trade at $3,376 as of 03:37 a.m. EST even as trading volume plunged 25% to $11 billion. This comes as Grayscale transferred 110,867 Ethereum worth more than $358 million to Coinbase Prime. After the debut of Ethereum ETFs (exchange-traded funds) last week, Grayscale’s ETHE ETF has seen huge outflows. Ethereum Price Set For A Bullish Rally Over The $3,525 Resistance Ethereum Price Chart Analysis Source: GeckoTerminal.com The Ethereum price has been in a tear in July, as it used the $2,870 support level to push the token to the $3,525 resistance zone, according to data from GeckoTerminal . The price of Ethereum then tumbled, forming a rounding top pattern as the bears took control. However, the bears could not sustain the pressure, as the asset rebounded using the $3,108 support, invalidating the bearish prospects of the rounding top pattern. ETH has since crossed over to trade above both the 50-day and 200...

Finbold recently reported BlackRock (NYSE: BLK), revealing Bitcoin (BTC) and Ethereum (ETH) as the “only two cryptocurrencies worth buying.” In this context, we consulted ChatGPT-4o artificial intelligence (AI) for insights about that and a comparative analysis between BlackRock’s picks. As reported, Robert Mitchnick, Head of Digital Assets for BlackRock, spoke at the Bitcoin Conference 2024 on July 26. Mitchnick explained that he sees “very little interest” in cryptocurrencies other than the leading two among its clients. Nevertheless, OpenAI‘s advanced model explained that there are other crypto currencies worth considering from an investment perspective, listing five examples. ChatGPT-4o mentioned Solana (SOL), Cardano (ADA), Polkadot (DOT), Chainlink (LINK), and Avalanche (AVAX)—despite BTC and ETH’s currently higher recognition. Picks for you ...

WienerAI ($WAI) has already raised over $8 million in presale funds, and with less than four days left, the window to become an early investor is rapidly closing. This meme coin, featuring an irresistibly cute wiener dog mascot, is set to shake up the meme coin scene, offering more than just jokes and hilarity. WienerAI will soon a game-changing technology that has got investors excited over its presale – a powerful AI trading chatbot that will make crypto trading easy for everyone. Whether you are a newbie or a seasoned trader, WienerAI’s crypto trading bot makes finding trade setups as easy as asking ChatGPT a question. Right now, WienerAI’s presale price is a steal compared to the expected future gains. With over 70% of the funds raised already locked in staking, there’s strong investor confidence in $WAI’s potential. Plus, an upcoming exchange listing could send its price skyrocketing. At the final presale price of just $...

Toncoin (TON) has recently seen a notable price decline, dropping below its 100-day Simple Moving Average (SMA). This breach of a critical technical indicator has placed the digital asset under bearish pressure, raising concerns among investors and traders. With the $6 mark now looming as a potential target, there is market speculation about whether the price will continue to decline or if a possible recovery could occur. This article aims to inform readers about the potential implications of Toncoin’s recent technical breach by providing an in-depth Analysis of its market performance, specifically focusing on the price falling below the 100-day SMA. It also assesses possible future scenarios for TON’s price movement, exploring whether the digital asset will continue to decline toward the $6 mark or if a recovery might be imminent. At the time of writing, the price of Toncoin was trading around $6.75, up by 2%, with a market capitalization of over $16 ...

Gamification reward systems will increase the overall engagement and motivation levels in users, as the incorporation of elements from game design into non-game contexts makes for an interactive experience awarding participation and loyalty. Gamification mostly includes game elements that involve points, badges, leaderboards, and challenges. Each component feeds user desires to compete, achieve, and be recognized. For instance, the user gets points for completing a task or reaching some milestones; these will encourage him to use the product or service more frequently. Leaderboards evoke feelings of competition in the user to improve on performance in order to move one’s way up the rankings. Badges and rewards make it tangible, improving user satisfaction and a sense of progress. These types of systems work really well in scenarios like e-learning, fitness apps, and customer loyalty programs. They increase user engagement, and as a result, retention rates increase because the user...

Top US-based crypto exchange platform Coinbase is abruptly adding support for BLOCKLORDS (LRDS), the native token of a blockchain-based strategy game. In a new announcement on the social media platform X, Coinbase says LRDS will be added with an Experimental label, meaning the token is new to the platform or it has low trading volume compared to the broader digital assets industry. “BLOCKLORDS (LRDS) is now live on Coinbase.com in the Coinbase iOS and Android apps with the Experimental label. Coinbase customers can log in to buy, sell, convert, send, receive or store these assets.” BLOCKLORDS is a free-to-play, medieval-themed, massively multiplayer online (MMO) strategy game in the same vein as the Age of Empires and Command and Conquer franchises. Using their decisions and skills, gamers can shape the game’s world and the narrative around them. According to the initial coin offering (ICO) data-tracker ICO Drops, the LRDS token launched earlier...

Ferrari has unveiled plans to enable cryptocurrency payments in Europe, barely a year after launching a similar offering in the US. The Italian car manufacturer also plans to roll out crypto payments to other countries where crypto is accepted by the end of 2024, it said in a statement. BREAKING: 🇪🇺 Ferrari to accept #Bitcoin and crypto payments in Europe after successful launch in the U.S. pic.twitter.com/ecc7koCoah — Radar🚨 (@RadarHits) July 24, 2024 The car manufacturer plans to leverage the expertise of crypto companies to facilitate such transactions. Crypto payments will be automatically converted to fiat to protect dealers from the volatility risks of managing crypto directly, it said. Ferrari partnered with BitPay to process crypto payments in the US, where it allows crypto purchases using Bitcoin (BTC), Ether (ETH), and Circle’s USDC stablecoin (USDC). Ferrari pointed out that making crypto payments available to dealers will address ...

The Solana-based memecoin Popcat (POPCAT) has been making the headlines for the past week after becoming the first cat-themed token to reach a $1 billion market cap. The token has surged over 230% in the past month, which propelled the token to a new all-time high (ATH). However, a crypto analyst has warned investors of a possible correction for the feline sensation. Related Reading PolitiFi Memecoin Shakeout: BODEN Plummets 55% While KAMA Skyrockets 150% Following Biden Dropout 1 day ago POPCAT Leads The Clowder This month, Popcat has registered a remarkable performance. The token began climbing the chart on July 11, breaking above a $900 million market capitalization by July 16. That day, the Solana-based memecoin flipped Ethereum’s MOG and became the largest cat-themed token by market cap. ...

Explore the top cryptocurrencies to invest in, featuring market trends and insights for informed decision-making. Discover why these digital assets are the best buys today. Regulators recently approved the first US ETFs to invest directly in Ether. This development sets the stage for the imminent trading of these ETFs and signals a more favorable regulatory environment for the digital asset sector in the US. These developments have sparked renewed optimism in the market, with Ethereum printing an impressive price increase. Meanwhile, other altcoins, particularly Ethereum Name Service, Sui, and Optimism, are seeing increasing. In light of these, investors are looking for the top cryptocurrencies to buy now . Best Cryptocurrencies to Invest in Right Now Ethereum Name Service recently collaborated with Bitwise Invest to boost transparency for their new Ethereum ETF. Furthermore, the price of ARB has surged ahead of the anticipated launch of five spot market Ethereum (ETH) exchange-tra...