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PayPal’s Stablecoin Unlikely to See Significant Adoption in the Near Term: Bank of America

Investors are likely indifferent to which stablecoins they hold as long as they are perceived as safe and accessible on the largest trading platforms, the report said.

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Author: Will Canny

‘Altcoin Season’ is Coming, Technical Analysis Suggests

An inverse head-and-shoulders pattern, one of the most trusted indicators known to presage major price rallies, is building in the altcoin market.

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Author: Omkar Godbole

Shiba Inu Bucks Bitcoin Snoozefest Ahead of Shibarium Deployment

The tokens were up as much as 5% in the past 24 hours, bucking a market-wide trend.

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Author: Shaurya Malwa

XRP’s Market Cap Momentarily Zoomed to Trillions of Dollars on Gemini

Low liquidity after the token’s relisting likely caused a temporary pricing glitch on the exchange.

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Author: Shaurya Malwa

Matrixport’s Bitcoin Greed and Fear Index Indicates Upswing Ahead

The index has a solid track record of shifts in the bitcoin market trend.

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Author: Omkar Godbole

First Mover Asia: Bitcoin is CPI Resistant

Modest Consumer Price Index (CPI) numbers mean that the chance of another rate hike is dwindling.

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Author: Sam Reynolds

Metaverse Platform Sandbox Transferred Out 60M SAND Ahead of Monday’s $133M Token Unlock

As the price of SAND slid 4% in August, the Sandbox Genesis smart contract had already emitted 60 million SAND tokens prior to the upcoming token unlocked scheduled for Aug. 14.

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Author: Sage D. Young

Bittrex Reaches Settlement With SEC; Agrees to Pay $24M Fine

The bankrupt exchange faced charges of offering U.S. investors access to unregistered securities.

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Author: Nikhilesh De

Worldcoin Regulatory Scrutiny Grows as Argentina Opens Investigation

The investigation began after numerous data collections in five major jurisdictions of the country, the Argentinian Agency for Access to Public Information said.

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Author: Andrés Engler

Tokenization News Roundup: Pendulum Swings Toward Doubters

In recent weeks, the buzz around the emerging tool of tokenizing real-world assets has been on how it will grow to achieve the $16 trillion-by-2030 potential that the Boston Consulting Group predicted last year. Inevitably, criticism intrudes, and this week there is sober opinion, caution and skepticism in the zeitgeist.

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Author: Jeanhee Kim


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