MicroStrategy recently made headlines during their annual MicroStrategy World conference with the unveiling of “MicroStrategy Orange” – a decentralized identity solution built on Bitcoin. This platform aims to combat online spam by providing an enterprise-grade platform for implementing Decentralized Digital Identifiers (DIDs) across organizations. One of the core services offered is “Orange for Outlook,” which
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Dogecoin (DOGE) has experienced a 15% weekly price decline, signaling a challenging period for the meme coin sector. However, despite this setback, there are indications that Dogecoin might be on the path to recovery. One promising sign is the increase in non-empty DOGE wallets, which have surpassed the 54 million mark. This surge in wallet
Bitcoin has recently broken below the $60,000 support level for the first time in two months, signaling a potential shift in market sentiment. The euphoria that surrounded Bitcoin for the past 6.5 months seems to be fading, according to a new report from Glassnode. This shift is evident in the increasing distribution of BTC into
Ethereum (ETH), the second-largest crypto token by market cap, has finally shown signs of life with a price rise to $3,300 over the weekend. This movement is believed to mark the beginning of a trend reversal for Ethereum, as several bullish signals have appeared on its chart. According to crypto analyst Derek, the signals on
After the recent halving event, Bitcoin experienced a dip to $62,500, causing concern among traders. While the price briefly surged above $67,000, it has since been fluctuating in the $63,000-$64,000 range and currently sits at $62,000. The market saw over $100 million in liquidations due to this downturn. Despite this, analysts are hopeful for a
Google Cloud, the cloud computing arm of tech giant Google, has recently introduced a new platform tailored for blockchain developers. The Web3 portal is designed to assist developers in creating non-fungible tokens (NFTs) and decentralized applications (DApps) by offering a variety of resources and support. The Web3 portal by Google Cloud is a step towards
The latest on-chain revelation suggests that the Bitcoin network has been experiencing a decline in high-value transactions over the last few weeks. This decline in activity has had a direct impact on the price of Bitcoin, which has been struggling to break out of consolidation throughout the month of April. Despite multiple attempts to hold
The TON Foundation, a non-profit organization focused on promoting and developing the Ton blockchain, has recently unveiled an exciting airdrop for active NFT traders and holders. This airdrop aims to distribute 105,600 TON tokens, valued at around $600K, to eligible participants on popular Ton NFT marketplaces. Let’s delve deeper into this opportunity and explore how
Block Inc., the fintech company founded by Jack Dorsey, has recently announced the completion of its advanced Bitcoin mining chip. This development marks a significant milestone for the firm’s mining project, indicating a step forward in the evolution of Bitcoin mining technology. Block’s three nanometre (3mn) Bitcoin mining chip is currently undergoing the final stages
Venezuela’s state-owned oil and gas company PDVSA is reportedly planning to expedite its utilization of cryptocurrency, particularly USDT. This move comes as a strategic response to circumvent the tightening US sanctions on the country. PDVSA has gradually been integrating USDT for oil sales since 2023 and now has a new policy requiring new customers to