Bitcoin bulls target $50K as Friday’s $655M BTC options expiry approaches

$655 million in BTC options expire on Sept. 3, and data suggests bulls may be motivated to break the $50,000 resistance prior to the expiry. Bitcoin (BTC) failed to break the critical $50,000 psychological barrier on Aug. 23 and has since then retested the $47,000 support.

Cryptocurrency Can Help Save Afghanistan, Says Ethereum, Cardano Co-Founder

Charles Hoskinson, the founder of Cardano and co-founder of Ethereum, believes crypto is poised to “play a larger role in Afghanistan.” Cardano’s founder, Charles Hoskinson, today said in an interview that crypto will help Afghanistan’s citizens. Hoskinson, who also co-founded Ethereum, didn’t explain how but noted that crypto was already “in Afghanistan.”

Ethereum to $8k may be far-fetched, but here’s why it’s very possible

Ethereum’s price has seen a series of outrageous pumps over fairly short durations in the past. Between mid-November and mid-January, for instance, the alt’s value managed to appreciate by over 250% from $400 to over $1400. Ethereum to $8k may be far-fetched, but here’s why it’s very possible. A hike of a similar magnitude at this stage would see Ethereum(ETH) trading at around $8750.

Expanding ecosystem and LedgerX acquisition send FTX Token (FTT) to a new ATH

FTT price soared to a new all-time high after the FTX exchange added LedgerX to its ever-expanding list of acquisitions and partnerships. Real-world adoption and brand awareness are one of the best ways for a blockchain project to increase its value and attract new users to its ecosystem.

Dogecoin Foundation warns of “Dogecoin 2.0” crypto project

The Dogecoin Foundation has issued a warning to investors over “Dogecoin 2.0,” which they say has no affiliation with them. “The Dogecoin Foundation welcomes newcomers to the crypto space but this project has no connection to or relationship with Dogecoin,” it said.

Daily Crypto News- Polkdot Could be the next altcoin to hit a new all time high

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Nigerian Central Bank Wants Financial Institutions to Develop Products Based on Its CBDC

The Central Bank of Nigeria has said it wants players in the country’s payment industry to develop and help introduce products based on its central bank digital currency, the e-naira ...
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Study Finds Most Popular Cryptocurrencies With Russian Social Media Users

In a year with rising crypto prices, online chatter devoted to cryptocurrencies has increased significantly. Research carried out on Russian social media has identified the most talked about coins and ...
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Immersion Cooling Gets Attention From Miners Wanting to Squeeze More Power Out of Equipment

Bitcoin mining companies are now increasingly experimenting with immersion cooling, a form of cooling that allows them to get more hashpower out of existing miners. According to industry insiders, this ...
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Political Cartoonist Accuses NFT Platforms Opensea, Rarible of Being ‘Tools for Political Censorship’

While non-fungibe token (NFT) collectibles have been very popular, NFTs have brought a slew of unique debates to the table and one of them has been censorship. The artist behind ...
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Study: 8.3% of Polled South Africans Own NFTs, a Further 9.4% Plan to Buy

About 8.3% of polled South African internet users own NFTs while a further 9.4% said they plan to acquire such tokens in the future, a study has found. Twelfth-Highest NFT ...
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