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VeChain (VET) has been actively involved in various development initiatives and projects, including the recent introduction of “The HiVe” event, which has garnered attention from the Web3 community. Throughout 2023, the VeChain team has been consistently providing updates on their ongoing developments and has multiple projects in progress. Furthermore, on March 6, 2023, they released a new whitepaper, unveiling the VET 3.0 protocol. Also read: Ripple (XRP) Price Prediction: August 2023 In their most recent announcement, the team shared details about their web3-as-a-service platform, the VORJ. Additionally, they have expressed their intention to explore the AI industry and leverage OpenAI to implement human-readable decoded contracts. VeChain is trading at $0.01883 at press time, according to CoinMarketCap. Considering these criteria, here is our price prediction for VeChain for August 2023. Source: The Metal Blog VET Price Prediction for August 2023 Cryptocur...

Source: https://www.techflowpost.com/article/detail_12594.html Recently, Allen, who used to conduct Worldcoin KYC by hiring locals in Kenya and then reselling the accounts to Chinese users, has returned to China. The source of the products related to Worldcoin found on Xianyu (a Chinese online marketplace) can be traced back to intermediaries like Allen operating in Africa. However, this business has become challenging. With the official launch of Worldcoin and increased transparency in token prices, the gray area has disappeared. Moreover, due to the current political instability in Kenya, Allen has suspended the KYC business and returned to China. This business lasted for over three months, and at its peak, they were earning up to $3,000 a day at a location where iris verification was possible. But the most profitable period only lasted for two weeks in May when Worldcoin was gaining popularity in China. The sudden surge in new local users raised suspicions among the operators, leadi...

BTC price action is "slower than ever" this weekend, but Bitcoin market participants are keenly waiting for a monthly MACD cross to confirm. Bitcoin (BTC) further reduced volatility ahead of the July 30 weekly close as traders eyed an exciting long-term bull signal. BTC/USD 1-hour chart. Source: TradingView BTC price makes weekend "slower than ever" Data from Cointelegraph Markets Pro and TradingView followed sideways BTC price action over the weekend, with BTC/USD sticking in a tiny $150 range. #Bitcoin Trading within a $10 range for the past 1.5 hours. Weekends are slower than ever lately. pic.twitter.com/FmZLL82wrk — Daan Crypto Trades (@DaanCrypto) July 29, 2023 Conditions throughout the week had remained calm, despite a slew of macroeconomic data events, leading some to assume that a breakdown would come next. With hours until the weekly close, however, there was still no sign of volatility returning. #BTC exhibiting impressive price stability around the ~...

Investors have invested a lot of money in technology stocks as a result of the development of AI. Due to the demand for powerful processing chips for use in cryptocurrency mining, Nvidia passed the $1 trillion mark. AI cryptocurrencies now have a $4.27 billion market cap. The advancement of artificial intelligence has led investors to pour a large amount of money into technology stocks, according to Bank of America (BofA). They said, “The frenzy over artificial intelligence-linked stocks has gone too far but won’t die down just yet.” Investors are acquiring shares in technology companies such as Nvidia, which recently rose to a $1 trillion net-worth company. NVIDIA is known for developing integrated circuits, which are used in everything from electronic game consoles to personal computers (PCs). The company is a leading manufacturer of high-end graphics processing units (GPUs). Eventually, its value increased with the growth of cryptocurrencies and AI due t...

Crypto Banter believes that ETH, DOGE, and SOL are set for a rally following yesterday’s FOMC meeting. The popular crypto trader is anticipating the altcoin rally amid BTC’s declining dominance. While ETH and DOGE saw negligible growth, SOL gained more than 3% over the past 24 hours. Popular crypto trader Sheldon Sniper believes that yesterday’s Federal Open Market Committee (FOMC) meeting has set the stage for an altcoin rally. The trader told his followers in a YouTube video earlier today that Ether, Dogecoin, and Solana are among the top altcoins that are poised for bullish price action in the near future. Bitcoin gained a little over 1% following yesterday’s interest rate hike. However, leading altcoins including Ether and Solana managed to register better gains than BTC. Data from CoinMarketCap showed that ETH gained over 1.5%, while SOL and leading meme token DOGE gained 3.1% and 2.5% respectively. The latest FOMC meeting was held between July 25 an...

Jio Financial and BlackRock announce a joint venture for asset management in India. Reuters reports an initial investment of $150 million each from both companies to go towards the venture. Indian market is concerned over potential disruption by JFS with a low-cost strategy in asset management. On July 26, India’s Jio Financial Services (JFS) led by Reliance Group announced that it is forming a joint venture with the US investment management firm BlackRock to power asset management services in India. On Wednesday, Jio Financial issued a statement indicating that both companies aim to make an initial investment of $150 million each into the new venture. JFS CEO Hitesh Sethia noted, Jio BlackRock brings BlackRock’s deep expertise and talent in investment management, risk management, product excellence, access to technology, operations, scale, and intellectual capital around markets, while JFS contributes local market knowledge, digital infrastructure capabilit...

Sam Bankman-Fried has been acquitted of unlawful campaign contributions, one of the charges imposed on him. The Bahamas revealed that the extradition documents were exclusive of the charge. Consequently, Attorney Damian Williams asserted that the government will proceed with the charge. According to a recent report, Sam Bankman-Fried, the ill-famed founder of the bankrupt crypto firm FTX, has been acquitted of unlawful campaign contributions– one of the allegations that the disgraced FTX CEO bore. The US prosecutors decided to drop the charge against Bankman-Fried considering his argument that the extradition documents were exclusive of his charge on illegal campaign donations. In a letter addressing District Judge Lewis Kaplan, US Attorney Damian Williams revealed that the Bahamas informed the government that the country hasn’t agreed to extradite the disgraced entrepreneur on the charge. Consequently, the US government declared that neither the charge w...

Terra Luna Classic 800 Million USTC On Ozone Protocol Chain Ex-Terra Rebels developer group member Vegas submitted a governance proposal to the Commonwealth forum for discussion. He asserts 800 million USTC on-chain funds to be returned to the Terra Luna Classic community pool as the Ozone Protocol project is not actively following the proposed development plan. advertisement “To facilitate this, we ask the community fund to support us and underwrite Ozone indefinitely, unless a counter-proposal is passed to remove the said underwriting funds.” According to the proposal, the Ozone protocol was initially proposed by Terra co-founder Do Kwon and bootstrapped using funds from the community pool. The Ozone V1 and Ozone V2 saw high demand for their underwriting capacity. However, the Risk Harbor team has not utilized 1 billion UST (now USTC) fully as intended. Thus, the funds should return to the community pool. Alex Forshaw , former Terra Rebels and T...

Even with a price correction to $29,000, several Bitcoin price metrics show traders casting bets on a quick rebound. On July 24, Bitcoin (BTC) experienced a flash crash, plummeting to $29,000 in a movement now attributed to significant BTC holders potentially liquidating their positions.  Amidst the crash and market uncertainty, Bitcoin's three major trading metrics continue to project a bullish outlook, signifying that professional traders have not reduced their leverage longs through the use of margin and derivatives. Analytics firm Glassnode reported a surge in whales' inflow to exchanges, reaching its highest level in over three years at 41% of the total. This forceful sell-off from whales alarmed investors, especially in light of the absence of any significant negative events impacting Bitcoin in the past month. Notably, a major concern stems from the ongoing court cases by the U.S. Securities and Exchange Commission (SEC) against leading exchanges, Binance and Coinbase....

The iris-scanning digital currency project , Worldcoin (WLD), co-developed by OpenAI’s Sam Altman, has risen concerts right after its launch on July 24. Worldcoin was initially developed in 2019, offering third-world population 25 WLD for scanning their iris, which has risen many privacy concerns over the past day as the asset came close to launch. Moreover, WLD’s launch was followed by significant listings on leading cryptocurrency exchanges, including Binance, Huobi, OKX, and Bybit. You might also like: Binance and other crypto exchanges list Worldcoin (WLD) However, just hours after the launch, Crypto Twitter started discussing the project ’s shortcomings. On-chain analyst ZachXBT shared his concerns that the Worldcoin team has been lying about the number of their users — pointing out the first 500,000 people from underdeveloped countries who scanned their iris for 25 WLD coins. 2/6 Most alarming to me is how the WorldCoin team has boasted about how many users t...

Also Read: Ex-SEC Chief Calls Jack Dorsey’s First Tweet NFT “Worthless” & NFT Marketplace A “Scam ” advertisement Stan Lee, a comic book writer, is known for creating popular superheroes including Spider-Man, the Hulk and Iron Man. The latest flash sale out of NFTs gives a glimmer of hope for stakeholders in the digital assets market, which saw a decline during the crypto winter following a phase of phenomenal demand in the bull run in 2021. Stan Lee NFT Sales: In Phases The sale of 8,294 NFTs led to a revenue generation of $120,000 for Kartoon Studios. Earlier, the NFT prices in the collection rose by as much as 5 times. The cheapest NFT available was valued at $81 while the highest valued NFT was for $749. Meanwhile, details about the next phases of Stan Lee NFT sale are yet to be revealed. Also Read: Dogecoin Whales Scoops 3 Billion DOGE Ahead Of Twitter Rebranding Recommended Articles ...

Shiba Inu reached an all-time high of $0.00008616 in October 2021 after spiking more than 1,000% in the same month. SHIB has been on a downward spiral since then after touching its ATH. It’s been 21 months and Shiba Inu is unable to reclaim its previous glory in terms of ATH. However, a handful of investors believe that the dog-themed token could climb above its ATH after Shibarium is released. Also Read: Shiba Inu to 50 Cents? Here’s What Must Happen For SHIB To Reach $0.50 In this article, we will highlight how much money could you make with an investment of $1,000 today if Shiba Inu reclaims its ATH. Source: Coingecko Shiba Inu: With $1,000 Investment, How Much Money Can You Make If SHIB Reclaims Its ATH? Source: Twitter Shiba Inu is currently trading at $0.000007 levels and it is looking to delete its fifth ‘zero’ in the indices. Nonetheless, knocking out a ‘zero’ remains to be challenging as not much is happening in its ecosystem at t...

Parrot Finance is facing a redemption vote two years after raising over $80 million in a public token sale during Solana’s heyday. The proposed redemption program seeks to end Parrot’s governance token, PRT, with more than $80 million from its treasury set to be distributed among holders at $0.0045 per token. The price would drastically devalue the investment of early backers , causing them to recoup just one-tenth of their initial investment of $0.04 per token.  Critics claim that the team behind Parrot Finance could walk away with as much as $60 million under the proposed redemption plan while leaving other investors with only $12 million. Today in governance was a mistake news: @gopartyparrot team takes their $72m remaining in ICO funds and attempts to split it $12m to the token holders, $60m to the team. Oh they also early unlocked their tokens and will be voting it through regardless of what anybody else says pic.twitter.com/vmhDXJochQ — Spreek (@spreekaway) July 21,...

XRP price rallied in excess of 100% after Ripple’s victory last week, but do fundamentals support a move to $1 and beyond? XRP (XRP) price booked an incredible 100% gain on the same day as the landmark ruling in the XRP securities case, but buyers are now struggling to hold on to these gains.  The price surge came after judge Analisa Torres of District Court of the Southern District of New York ordered that XRP sale to retail investors does not qualify the token as a security in the U.S. Securities and Exchange Commission’s (SEC) case against Ripple. While the trading interest in XRP is reviving, the technical and network usage data hint at a short-term pullback. Traders flock to XRP but network growth stalls According to Coinglass data, the open interest volume for XRP futures contracts, which represents the total value of open bets for the asset, surged to its highest point since November 2021, reaching $1.19 billion on July 20. XRP future open interest volume. Source: Coinglass X...

Santiment revealed in a tweet this morning that LINK is the third most trending topic in the cryptocurrency space. LINK saw its price surge more than 20% over the past 48 hours to reach a 3-month high of $8.34. The intelligence firm also predicted in a second tweet today that ETH may break above $2K in the coming few weeks. In a tweet posted earlier today, the blockchain intelligence firm Santiment revealed that Chainlink (LINK) is the third trending topic in the cryptocurrency space. According to the post, the altcoin trended after its impressive rise of more than 20% over the past 48 hours. As a result, LINK was able to rise to $8.34, which was its highest price in 3 months. #Chainlink is the #3 trending topic in #crypto after an impressive +20% day, returning to its highest price ($8.34) in 3 months. Thursday had $347.72M in $LINK on-chain volume, the largest of 2023. #FOMO could be the only obstacle holding it from $10. https://t.co/kNTvo6Pibg pic.twitt...

Bitgert launches BEFE, a witty meme character for its native token BRISE. The platform says no separate BEFE coin will be launched, warning of scams. Bitgert plans to enter P2P crypto exchange market. Bitgert, a rapidly expanding crypto project, has unveiled its latest creation: BEFE, the hilarious meme character representing its native token , BRISE. The firm announced this development in a recent tweet, noting that it is the “ultimate blend of humor and innovation.” Introducing #BEFE – Our meme character for #BRISE, the ultimate blend of humor and innovation! With his witty one-liners and infectious personality, #BEFE is here to bring joy and laughter to the world of blockchain and sustainable energy. Join us as we revolutionize the… pic.twitter.com/HKrnHggwur — Bitgert – $BRISE (@bitgertbrise) July 20, 2023 According to Bitgert, BEFE seeks to bring joy and laughter to the crypto community with a witty personality and infectious charm...

In the SEC vs. Ripple case, the U.S. district judge ruled that institutional sales are security, while programmatic sales weren’t. Crypto lawyer Kayvan Sadeghi spoke about how institutional investors might try to bypass the judge’s ruling. Judge’s statement that XRP isn’t a security was considered a win for the crypto industry. Crypto journalist, and author of The Cryptopians, Laura Shin discussed the recent events in the SEC vs. Ripple case in a YouTube video, with Jake Chervinsky, chief policy officer at the Blockchain Association, and lawyer Kayvan Sadeghi, partner at Jenner & Block. So uhh… wen airdrop? 🪂 Crypto lawyer @KayvanSadeghi says that’s NOT the lesson of Ripple’s partial victory on XRP sales. Full episode: https://t.co/T88L1YVgVc pic.twitter.com/TgjZijIxDo — Laura Shin (@laurashin) July 18, 2023 Lawyer Sadeghi talked about how people might try to bypass the recent SEC vs. Ripple ruling, “I think what people should not take...