Business

Bitcoin Hovering Under $12,000 in Recent Surge, Major Altcoins See Green

[ad_1] Tuesday, July 30 — The number one cryptocurrency, Bitcoin (BTC), appears to have stabilized shy of $12,000 after quickly retaking $11,000 in a rally this weekend. Ether (ETH) and XRP are seeing slight gains at press time.Market visualization. Source: Coin360Bitcoin is trading around $11,700 at press time, with a 3.3% gain on the day. Bitcoin shot up quickly to over $11,500 within about four hours on Sunday, Aug. 4,
Business

Trading Platform EToro Adds Support for Tezos Amid Price Surge

[ad_1] EToro, a United Kingdom-based exchange and social network for investors and traders, has rolled out trading support for Tezos (XTZ) on Aug. 5.As eToro tweeted today, Tezos, the 16th-top cryptocurrency by market capitalization, is now available for trading on the platform.According to a press release, Tezos has become the 15th crypto asset to join eToro, following Bitcoin (BTC), Ether (ETH), XRP, Bitcoin Cash (BCH), Litecoin (LTC), Ethereum Classic (ETC),
BLOCKCHAIN

Web3 Foundation Director Resigns to Pursue DAO Projects

[ad_1] Web3 Foundation (W3F) director Ryan Zurrer has announced that he is stepping down from his role at the decentralized web-focused nonprofit to pursue his interest in investments and decentralized autonomous organizations (DAOs).Zurrer expounded on his departure in a series of Twitter posts on Aug. 5. Zurrer explained that he will be gradually removing himself from the organization, partially in light of its current success. In June, W3F managed the
BLOCKCHAIN

Walmart Crypto Project More Agreeable to Lawmakers Than Libra

[ad_1] A senior policy analyst at investment banking corporation Cowen, Jaret Seiberg, said that Walmart’s proposed digital coin should not face as much regulatory pushback as Libra, Facebook’s proposed virtual currency.As Bloomberg reports on Aug. 5, Seiberg also added that Walmart’s crypto may have a demographic appeal to Democratic legislators who are keen to find an alternative financial infrastructure for people who do not regularly use banks.According to Seiberg, Libra