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The cryptocurrency universe has undergone a seismic shift since the inception of Bitcoin in 2009. The market has grown exponentially, adding thousands of unique digital currencies, each vying for its share. One such project is  Alex The Doge , a platform that blends meme culture, gaming, and decentralized finance (DeFi). Let’s delve into the history of Bitcoin and explores what Alex The Doge offers. >>>>Buy ALEX presale now<<<< History of Bitcoin In 2009, an individual or group known as Satoshi Nakamoto introduced bitcoin (BTC), the world’s first cryptocurrency, along with a white paper describing a decentralized, peer-to-peer electronic cash system. The Bitcoin network aimed to solve significant problems with traditional banking and fiat currencies, offering a decentralized transaction solution. You might also like: Belgium fintech mogul purchases ALEX, Alex The Doge presale making waves The Bitcoin blockchain ensures transparency and security, ...

The Monetary Authority of Singapore (MAS) has recently announced its plans to expand its block chain experiment. The regulator revealed that it would soon add three asset classes to its ongoing industry pilot effort. This development was announced on June 26 as an extension of MAS’s existing Project Guardian program, which aims to explore and expand the applications of block chain technology within the financial markets. It will encompass asset and wealth management, fixed income, and foreign currency. Project Guardian, scheduled for release in May 2022, will test the feasibility and effectiveness of public blockchain technology in constructing open and interoperable networks that facilitate the trading of digital assets across various platforms and liquidity pools. To oversee the pilot project for the three new domains, MAS has established the Project Guardian Industry Group. This group comprises eleven member financial institutions, including prominent names such as HSBC,...

Cardinal protocol, the Solana-based project that aimed to enhance the utility of non-fungible tokens (NFTs), is ceasing its operations due to economic conditions. Approximately a year after successfully raising $4.4 million in funding, the project has announced through a Twitter post that users should complete their withdrawals by August 26, indicating the winding down process. Navigating the macroeconomic environment The team behind Cardinal protocol expressed their challenges in navigating the challenging macro economic environment since their inception 18 months ago, stating that despite some traction in NFT-based products, they remain confined within the crypto maximalist community.  Hey Everyone, we have some unfortunate news to share After a lot of reflection, we’ve decided to begin the process of winding down our protocols. Let's dive into it ️ — Cardinal (@cardinal_labs) June 28, 2023 They continue with the operational aspect of their deployments comin...

However, with the crypto market generally stable across the board, these declines were arrested quickly hence the climb to $1,845. advertisement Ethereum price has not been able to sustain an uptrend above $1,900 since early May, let alone reclaim resistance at $2,000. With this Analysis , traders and investors are likely to figure out how to avoid losses and stay profitable toward a weekend that also marks the beginning of a new month. Mastercard Announces Ethereum-Powered Blockchain App Store As Mastercard and other global payments providers explore crypto-based financial services, the latter says it is ready to develop an Ethereum-backed app store. In an announcement made on June 28, the global credit card company unveiled the “Multi Token Network.” The new app store will initially launch in beta version in the United Kingdom over the coming months. Recommended Articles ...

A crypto strategist that a lot of people pay attention to says that one Bitcoin (BTC) signal is showing positive for the first time in the history of the crypto king. The anonymous host of InvestAnswers tells his 444,000 YouTube followers that the number of Bitcoins that can be traded is going down for the first time before a halving event. The available supply is the amount of the total supply that isn’t owned by HODLers, or investors who haven’t sold much of the top digital asset in the past. The next half event for Bitcoin is expected to happen in April of next year. The amount of new BTC given to miners will drop from 6.25 Bitcoin per block to 3.125 Bitcoin per block. “The point of this chart here as you can see [is] the available hodler supply as a percentage of total supply and marked in black dots are the actual having cycles. This is the first time ever, ever in a halving cycle where the supply is going down before we’re even in it, ladies a...

The Defense Minister of Israel, Yoav Gallant, said the government had seized millions of dollars worth of cryptocurrencies linked to Iran’s military arm, Quds Force, and the Lebanese militant group Hezbollah. According to a report by Associated Press (AP), the Israeli government allegedly found wallet addresses that are tied to the Quds Force and Hezbollah. The accounts were reportedly used to finance terror-related operations in Israel. The Defense Minister added, per AP, this was the first major crypto-related seizure, thanks to the country’s intelligence agency Mossad, military intelligence, and the local police. “We have effectively cut off the flow of terror funds via this channel.” Yoav Gallant, Defense Minister of Israel Previously, the Israeli government captured around 190 Binance accounts since 2021 that have been linked to terrorism and money laundering, according to a report last month. The largest crypto exchange, Binance, is said to have assisted the government ...

In the vast and vibrant world of cryptocurrencies, meme coins have established themselves as a unique and intriguing sector. Amidst this array of diverse projects, Shiba Inu, Dogecoin, and the new entrant,  Alex The Doge , have made noticeable splashes.  Recent news reveals that these meme coins seem to be slipping through the scope of the U.S. Securities and Exchange Commission (SEC), a fact that might support prices.  You might also like: Alex The Doge presale bullish, Polygon and Stacks prices slipping Let’s dive deeper into these exciting developments and evaluate their potential implications. >>>>Buy ALEX presale now<<<< Shiba Inu and Dogecoin: meme coins staying afloat Shiba Inu and Dogecoin, two of the most famous meme coins, have gained significant traction due to their humorous appeal and unpredictable market performance. Despite the inherent volatility associated with these tokens, they have managed to stay afloat in the crypto market, ...

Jason Pizzino, believes Bitcoin trajectory provides sufficient information to understand prices. Pizzino used historical data to reveal how to identify buying opportunities ahead of a bull run. The last six months have been bullish for Bitcoin, marking the beginning of the next bull run. A renowned Bitcoin analyst, Jason Pizzino, believes the Bitcoin trajectory provides sufficient information to understand prices the pioneer cryptocurrency would never revisit. Pizzino used historical price data to show the consistency in Bitcoin’s price behavior and reveal how to identify buying opportunities ahead of a bull run. Pizzino used Bitcoin’s six-hour chart In a video uploaded on YouTube, Pizzino used Bitcoin’s six-hour chart to show that the cryptocurrency has maintained a consistent price behavior since its creation. The chart shows that a succeeding six-month candle at the beginning of a bull run has closed below a previous bullish candle only on one occasi...

Bitcoin and Ether’s recovery has improved traders’ sentiment, which could trigger buying in ARB, VET, and STX. Bitcoin made a new 52-week high on June 23, indicating that bulls are on fire. Buyers have managed to hold onto a large part of the gains made during the week, signaling that they are in no hurry to book profits. Bitcoin climbed 16% this week, outperforming the S&P 500 Index, which fell 1.39%. Not only Bitcoin but even Ether is showing signs of starting a bullish move. Glassnode data shows that Ether balances on exchanges dropped sharply in the past 30 days and hit a new low of 12.6%. A similar dip in Ether exchange balances happened in November 2022, which was followed by a sharp rally of 33%. Although a rally is possible, traders need to be cautious because the fall in exchange balances this time may have been triggered by the U.S. Securities and Exchange Commission’s actions against Binance and Coinbase. The crypto recovery is not limited t...

In the Ethereum market, outflows from exchanges are currently overshadowing inflows. As a result, the net-flow figure has constantly been hovering in the negative territory for almost two weeks now. A day back, this metric flashed a reading of 32,000 ETH. During the Asian trading hours on Monday, around 1/3rd of that figure was already bridged, for outflows exceeded the inflows by 11.61k. This is essentially a positive sign, for it pointed towards accumulation by market participants. Source: CryptoQuant Consequentially, ETH exchange reserves have been depleting. In fact, they’ve reached rock bottom. Data from Glassnode pointed out that this metric has attained a new low of 12.6%. During the beginning of 2023, the proportion hovered around 16%. The latest drop is yet again a positive sign, as it inferred how lesser investors are sending their tokens to exchanges. Source: Glassnode Despite the aforementioned optimistic developments, it should be noted that Ethereum’s on-chain activity ha...