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GitHub experienced four significant service disruptions in July 2024, affecting Webhooks, Copilot, and Actions. Learn more about the incidents and mitigation steps. (Read More)
Robinhood Markets, Inc. (NASDAQ: HOOD) reports July 2024 operating data, highlighting growth in funded customers, assets under custody, and trading volumes. (Read More)
Ferrari debuted cryptocurrency payments for its cars in the United States in 2023, partnering with major local payments provider BitPay.
The cryptocurrency community is buzzing with excitement as the U.S. prepares for a potential launch of spot Ether (ETH) ETFs on July 23, 2024.
The post U.S. Spot Ether ETFs Set to Launch on July 23, 2024 appeared first on Crypto Breaking News.
About $755 million in crypto assets from AltLayer, Arbitrum, Optimism and other projects will be released in July as their vesting period concludes.
After a decade of anticipation, July might finally bring restitution to the users of the now-defunct Mt. Gox exchange.
A staggering 522 million $SHIB tokens were burned in just seven days. Let's take a look at this SHIB price article in more detail.
On July 2, the bullish DOT price analysis is at $8.38. DOT’s bearish market price analysis for July 2, 2022,
XRP fell by 21.15 percent in June. XRP fell by 28.04 percent in May and finished the month at $0.3321. From a high of $0.4260 on June 1 to a low of $0.2868 on June 18, XRP experienced a bearish start to the month. The prolonged sell-off brought XRP close to the First Major Support […]
Upon the pump that occurred last week following the release of Polygon ID, Polygon is also declining. The coin’s value increased at that time by almost 100%. One of the few things the network provides in its ecosystem is Polygon ID. After the debut, the price of MATIC skyrocketed. This is consistent with how other […]
By July 1, 2022, the value of dogecoin is anticipated to increase by 10.79 percent and reach $ 0.075352 based on our most recent price projection. Our technical indicators indicate that the current mood is bearish, and the fear & greed index is currently at 14. (extreme fear). Several websites have conflicting opinions on the […]
SafePal (SFP) has weakened from $1.37 to $0.18 since March 31, 2022, and the current price stands at $0.31.
The cryptocurrency market is losing its value this Thursday, Bitcoin has weakened below $19000, and according to Edward Moya, senior market analyst at Oanda, we can see new lows for the cryptocurrency market.
SafePal aims to make crypto simple for everyoneSafePal is a hardware wallet that provides a secure and user-friendly crypto management platform for the masses. This project was established in 2018, and it solves the real pain points in day-to-day crypto management.
SafePal aims to make crypto simple for everyone and enables its users to manage, trade, swap, and grow their crypto wealth without compromising asset security.
It supports 33 blockchains and 30,000+ tokens for now, while the three main products of this project are SafePal S1, SafePal Cypher, and SafePal Leather Case.
SafePal is the first hardware wallet invested and backed by Binance, and it is currently serving more than three million users through its unique hardware and software wallet product lines.
The team behind this project consists of a group of experts with more than 15 years of experience in hardware, software, and cybersecurity who are continuously working on new features and upgrades.
Many projects already collaborate with SafePal, and the most popular ones include Harmony, Litecoin, Neo, Ripple, Polygon, Polkadot, Dash, Dogecoin, and Zcash.
Stephen Tse, the founder of Harmony, said that he is impressed with SafePal, while Forbes reported that SafePal is perfect for DeFi traders.
SafePal is a project with a bright future, but in the short term, the outlook for this cryptocurrency remains bearish because there is great uncertainty around the cryptocurrency market.
Cryptocurrencies have been suffering from heavy selling due to hawkish signals from central banks, and investors are worried that an aggressive monetary policy could tip the economy into recession. Edward Moya, the senior market analyst at Oanda, said:
We could see new lows for the cryptocurrency market in the weeks ahead; extreme volatility and a lack of liquidity have made it increasingly difficult for large-scale crypto investors to continue holding onto their holdings. As a result, they’ll be forced to close their positions because they don’t have enough collateral.
SafePal (SFP) is currently down more than 70% from the highest price level in 2022, and if you decide to buy this cryptocurrency in July 2022, you should consider that the price can weaken even more.
Technical analysisData source: tradingview.comSafePal (SFP) currently trades around the $0.31 level, but it would be a strong sell signal if the price falls below $0.25. The next price target could be at $0.20 support or even below; still, if the price jumps above $0.60, we have the open way to $0.80.
SummarySafePal is a project that was established in 2018, and it has the most secure and easiest-to-use wallet for the crypto masses. The cryptocurrency market is losing its value, the price of SafePal (SFP) can weaken even more in the upcoming days, and probably it is not the best moment to buy this cryptocurrency.
The post Should you buy SafePal (SFP) in July 2022? appeared first on Invezz.
Silver extended its correction from its recent highs above $26, and we could see even lower prices in the weeks ahead if the U.S. dollar remains strong.
The demand for the dollar continues to grow as the Federal Reserve continues to hike rates in an effort to stem soaring inflation.
The appreciation of the U.S. dollar negatively influences SilverThe U.S. Federal Reserve switched to a more hawkish tone which positively influenced the U.S. dollar, and the most significant force behind the silver price slide was the appreciation of the U.S. dollar.
The U.S. Federal Reserve decided to lift the funds rate by 75 bps this month which is the largest hike since 1994, and the price of silver continues to be under pressure as the Fed is strongly committed to fighting inflation.
Gold and silver are considered a hedge against inflation, and the prices of these precious metals usually benefit during economic uncertainties, but rising interest rates increase the opportunity cost of holding the asset since it yields no interest.
Federal Reserve Chair Jerome Powell said that inflation data has become more worrisome, and the next Federal Reserve meeting could well be a decision between 50 bps and 75 bps.
St. Louis Federal Reserve Bank President James Bullard said that he would like to see the federal funds rate closer to 3.5% by the end of 2022, and for now, the focus of investors remains on the U.S. dollar.
On the other side, if the U.S. Federal Reserve continues to act too aggressively, this could potentially move the economy toward a recession.
David Meger, director of metals trading at High Ridge Futures, said that as a result, we could see a move towards safe-haven assets, and the price of silver would benefit if this happens. Daniel Ghali, commodity strategist at T.D. Securities, added:
In the short term, the outlook for safe-haven assets is mixed as there is great uncertainty this summer, with chances of a more aggressive Federal Reserve on one side and recession risks on the other.
Bears control the price actionSilver price has weakened from $26.9 to $20.46 since March 08, 2022, and the current price stands at $20.76.
Data source: tradingview.comThe important support level stands at $20, and if the price falls below this support, it would be a firm “sell” signal. The next price target could be around $18 or even below.
On the other side, if the price jumps above $23, it would be a signal to trade silver, and we have an open way to resistance at $24.
SummaryThe U.S. Federal Reserve switched to a more hawkish tone which positively influenced the U.S. dollar, and the most significant force behind the silver price slide was the appreciation of the U.S. dollar. For now, bears remain in control of the price action, the important support level stands at $20, and if the price falls below this level, it could be a beginning of a much stronger sell-off.
The post Is Silver a good buy in July 2022? appeared first on Invezz.
Verasity (VRA) has weakened from $0.0079 to $0.0044 since June 01, 2022, and the current price stands at $0.0052.
The cryptocurrency market is losing value this Tuesday, Bitcoin is trading very close to the support level at $20,000, and if you decide to buy VRA in the upcoming days, you should consider that it can weaken even more.
Verasity helps to eliminate ad fraudVerasity is a blockchain project that helps to eliminate ad fraud across video advertising channels and aims to increase advertising revenues for video publishers.
Last year, advertising spending reached $455 billion worldwide, and by 2024, it’s estimated that it will be over $645 billion.
However, to date, more than 40% of this ad spend is lost to ad fraud, and there are over 2 million video publishers struggling with the problem that brands no longer want to pay as much for their ad space.
This is happening because billions of dollars in advertising spend are consumed by bots, not humans, and big brands have no reason to believe that humans are actually watching their ads.
Verasity aims to solve this problem because its patented Proof of View technology detects and eliminates ad fraud and records genuine human views of ads and video content. The Proof of View technology also prevents the multiple methods bad actors may try to manipulate view counts and audience metrics. The team of Verasity said:
Brands are typically willing to pay 5 to 10 times more if they are convinced that ad fraud levels are low. With Verasity, advertisers don’t need to be convinced, as viewership can be immutably and transparently proved on the blockchain.
Verasity has received a US patent for its proprietary technology that helps eliminate ad fraud, and it is also important to mention that all of Verasity’s market-leading ad tech products are combined into one Esports platform called VeraEsports.
VeraEsports secures rights to exclusive Esports tournament broadcasts and enables Verasity to make Esports content available to content broadcasters worldwide.
VRA is a cryptocurrency that powers Verasity and this crypto is used as a medium of exchange exclusively for the online gaming and video economy. VRA is also used to incentivize network participants, and transactions of VRA happen over the blockchain from within the VeraWallet.
Technical analysisVerasity (VRA) was a bad performer during the last several months, and technically looking, it still remains under pressure.
Data source: tradingview.comThe current support level stands at $0.0050, and if the price falls below it, the next price target could be at $0.0040 or even below.
SummaryVerasity is a blockchain project that helps to eliminate ad fraud across video advertising channels and aims to increase advertising revenues for video publishers. Verasity (VRA) is currently trading more than 80% off from its 2022 highs, and if you decide to buy this cryptocurrency in July, you should consider that the price can weaken even more.
The post Verasity (VRA) price prediction for July 2022 appeared first on Invezz.
Algorand ALGO/USD has weakened from $0.42 to $0.27 since the beginning of June, and the current price stands around $0.35.
Algorand has become the official blockchain platform of FIFAAlgorand is a proof-of-stake (PoS) blockchain with a mission to create a world where everyone exchanges value transparently, efficiently, and securely. This project was created by computer scientist Silvio Micali and was officially launched in 2019.
Algorand can execute thousands of transactions per second and has technology that eliminates barriers to prosperity for all. In this way, Algorand reduces the time it takes transactions to be deemed final on its network, and it is important to mention that its code can be cloned, copied, and used on other blockchains.
Algorand also enables the simple creation of next-generation financial products, including tokens, NFTs, stablecoins, securities, and currencies.
Algorand has experienced tremendous growth in its user activity in a very short time period, and it has become the official blockchain platform of FIFA. FIFA Chief Business Officer Romy Gai said:
This agreement is an exciting moment for FIFA, as it officially enters into the world of blockchain and the opportunities this presents across various applications. At FIFA, we must constantly strive to identify and explore the most cutting-edge, sustainable, and transparent means of increasing revenues to continue to support global football development.
As part of the agreement, Algorand will assist FIFA in further developing its digital assets strategy, and this proves the potential of what Algorand blockchain can achieve in the future.
Algorand will be a FIFA World Cup Qatar 2022 supporter in North America and Europe, and a FIFA Women’s World Cup Australia and New Zealand 2023 official sponsor.
Algorand tokens have the symbol ALGO and to interact with this proof-of-stake (PoS) blockchain, you should use ALGO tokens. ALGO is currently down more than 70% from the highest price level in 2022, and if you decide to buy this cryptocurrency in July 2022, you should consider that the price can weaken even more.
Technical analysisThe cryptocurrency market remains under pressure, the price of Algorand (ALGO) is trading below $0.40, and probably it is not the best moment to buy this cryptocurrency.
Data source: tradingview.comThe important support levels are $0.25 and $0.20, $0.60, and $1 represent strong resistance levels. If the price falls below $0.25 in July, it would be a strong “sell” signal, and the next target could be a support level at $0.20.
Falling below $0.20 supports the continuation of the bearish trend, and we have the open way to $0.15 or even below. On the other side, if the price jumps above $0.60, it would be a strong “buy” signal, and we have the open way to $0.80.
SummaryThe last several months have been extremely taff for Algorand (ALGO), and according to technical analysis, the risk of further decline is not over. Falling below $0.20 supports the continuation of the bearish trend, and we have the open way to $0.15 or even below.
The post Algorand (ALGO) price analysis for July 2022 appeared first on Invezz.
Currently, Cardano is at a pivotal point, and the community is watching how the market will react at the $0.2942 mark. Let's see in this ADA price article.
Will Litecoin price breakthrough and embark on a bull run or will it retreat, succumbing to the pressure at this resistance level?
Will Bitcoin price breakthrough and embark on a bull run or will it retreat, succumbing to the pressure at this resistance level?
The XMR price has increased by 0.79% in the last 24 hours and 2.90% in the last seven days. But can it reach $200?
This article aims to delve deeper into the potential SHIB price prediction using advanced predictive algorithms and analytical computations.
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