Author: Ronaldo Marquez

According to the details mentioned on the Nomis official website, their Web3 scoring solution has helped evaluate more than 2.4 million wallets and given scores to 507k users across different wallets so far. Nomis, a reputation protocol, has recently announced that it will enable the on-chain reputation scoring of the Telegram-based blockchain platform called The Open Network or TON, which is among the most popular platforms of the contemporary ideological wave. Wallet activity will be calculated as the input for scoring, allowing users to receive scores between 0 and 100; TON will integrate a reliable reputation system on the blockchain.…

MMS’s first Major Enterprise Partner, Deutsche Telekom, announces joining of SQD Network after Mainnet release. Deutsche Telekom, one of the leading telecommunications services providers globally, has entered the SQD network as a major boost to decentralization through enhanced worker nodes and flexible solutions in storage and computing. SQD network provides accurate blockchain data to web3 Dapps for its users to protect the network by staking its native token, $SQD to genuine node runners. Dirk Röder, the Web3 Infrastructure and Solutions at Deutsche Telekom MMS noted. “SQD network, with its innovative architecture, is a game changer for Web3. It unlocks the…

Polymarket’s prediction that Kamala Harris’s chances of becoming the Democratic nominee for president this year increased by over 400% on July 2nd saw the Kamala Harris price rise by well over 126%. The political meme coin was valued at $0.008 as of 29 a.m. EST after the increase of “Yes” shares to 35 cents in a contract predicting her probability of getting approval, which indicates a 35% probability that she will win the June Democratic nomination for the November election. Demands for Joe Biden to Resign Grows Popular Among His Own Supporters Joe Biden still leads with Yes shares at…

Pixelverse developers of the famous Telegram game PixelTap introduced the PIXFI token within the ecosystem of The Open Network (TON). The bot requires an initial investment of $5.5 million and is built to allow the buying and selling of goods within the game environment. Pixelverse collaborates with TON to distribute billions of PIXFI tokens to 10+ million followers in social networks and 35 million players in PixelTap, in an effort to drive more exposure for cryptocurrencies. From Pixelverse, it was understood that PIXFI will be used in multiple capacities in PixelTap, including but not limited to fighting, crafting, trading, and…

Bitcoin was trading at more than $62,000 per coin at a specific point yesterday, yet it has fallen below this important psychological level today, demonstrating extreme market fluctuation. Changpeng Zhao believes that DOT, AVAX, and SOL have performed better than Bitcoin (BTC) and other popular digital assets. Bitcoin Resists at $62,000 macht It has not been a good week for the primary cryptocurrency as it reached a high of $64,000 and was surrounded by a very quiet weekend. However, the bears did not waste much time in whipping up a reversal, even to lower the Bitcoin to several thousand dollars…

The Joe Biden-themed joke cryptocurrency token tanked on Friday after the first presidential debate of the electoral year with Donald Trump. After the debate, the exchange rates of the Jeo Boden (BODEN) coin fell by more than 32% and stabilized at around $0. 08, based on data from the digital currency tracker CoinGecko. It was not a good outing for Biden as he appeared to have tripped and fumbled while speaking in a rushed and incoherent manner. At some point, he had a cold and sneezed, which almost cost him otherwise very good answers. Debate Backfire: Biden Struggles Bury Boden…

A South Korean crypto exchange, Hashed Ventures, is seeking help from other Korean exchanges to start a new venture in Abu Dhabi after becoming a partner with the city’s tech ecosystem group, Hub 71. The project is based on making new advancements in Web-3, such as blockchain and metaverse applications. The initiative aims to provide Web3 startups with access to various programs, initiatives, and partnerships with corporations, governments, and investors in both global markets and the UAE. Bloomberg reported on June 27 that Hashed CEO Simon Seo-Joon Kim announced his firm would open an office in Abu Dhabi. Additionally, they…

Ethereum spot ETF approvals will attract billions in inflows shortly, according to Matt Hougan, Bitwise Asset Management’s CIO. In the latest investor note, Hougan even predicts $15 billion in net asset inflows into ETH ETFs in the first 18 months. ETH market capitalization, Bitcoin comparison, similar products in the UK and Canada, and the impact of the carry trade strategy are some of the assumptions made by Hougan. The carry trade strategy entails purchasing spot BTC ETFs/ETPs and short-selling Bitcoin futures for a difference in price. The Bitwise CIO further avers, “On the other hand, my estimate doesn’t take into…

The chairman of the United States Security and Exchange Commission, Gary Gensler, stated that the Ethereum ETF have no major hurdles and going steadily toward approval. Gensler didn’t comment on when the SEC will approve Eth ETF, but analysts predicted that the approval may come as soon as next week. During the Bloomberg conference on June 25, Gensler avoided providing a timeline for ETH ETF’s approval and remained silent when asked if they would be available before U.S. elections in November. “It’s really about the asset managers making the full disclosure so that those registration statements can go effective,” Gensler…

Since the larger meme coin category is bearish right now, Dogecoin (DOGE) is inspiring confidence amongst its investors. As per, CoinMarketCap it has lost 5% of its market cap that it had yesterday. Conversely, DOGE has recently staggered free with remarkable recovery, reaching a 186.54% percent bullish market share, achieving a staggering $1. 37 billion total. Another important component pointing towards the high level of resistance in the market sentiment of Dogecoin exists bearing in mind that the increased trading volumes confirm continued trade interest by traders, especially with the current price trends being mainly bearish. This may encourage easy…