BTC Bulls Are Back? On-chain Indicators Point to Short-Term Rally 14
BTC recorded its highest daily active address count on 2 August. The recent increase in network activity, surge in loss-making transactions, and growing negative sentiment are all indicators of a short-term price rally for Bitcoin. The number of daily active addresses that trade Bitcoin [BTC] has surged in August, reaching...
Chiliz
Summary: The blockchain-powered sports fan token launched its own layer 1 decentralized network on Tuesday. Chiliz’s L1 chain is compatible with the Ethereum Virtual Machine program, allowing developers to broadcast smart contract codes on Ethereum’s blockchain. The protocol’s token CHZ pumped as high as 20% on the news. Blockchain sports...
Bitcoin
Over the past several days, the world has watched a precarious situation surrounding Tron-blockchain founder and “crypto whiz kid,” Justin Sun, and the Chinese government unfold, primarily surrounding his controversial upcoming lunch with Warren Buffett. Despite this controversy, China’s Center for Industry Development (CCID) has continued to favor Tron, and...
Circle Adds USDC Support To Five Leading Blockchains 16
The second largest stablecoin issuer, Circle, is expanding support for USDC across five leading blockchains  USDC will now be available on Arbitrum One, Near, Polkadot, Optimism, and Cosmos  In addition, the firm has also launched the Cross Chain Transfer Protocol to facilitate smooth interoperability for USDC across all chains. USDC...