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The gold, silver and stock markets are focused on news and economic data from the Fed, such as the cryptocurrency market. Before the US CPI (inflation) data to be announced on July 12, 2023, precious metal investors are also curious about the fate of the price. Invesco Chief Global Market Strategist Kristina Hooper conveyed her comments on gold. According to Hooper, the Fed’s decision to continue raising rates is still negative for gold prices, but this is not a barrier to buying precious metals. Hooper also emphasized the importance of portfolio diversity in order to counter the uncertainties in the…

Cryptocurrency markets have turned their eyes to the Ripple (XRP) SEC case after new lawsuits in recent months. The long-running judicial process is seen as the first case to be decided, as other cases are new. According to the famous lawyer John Deaton, known as a Ripple supporter, the decision may not be made for a while. John E. Deaton, in his social media postmade several comparisons to the case’s judge, Anastasia Torres. Stating that Torres has other big cases in his hands, Deaton said that it may be necessary to wait a few more months by calculating the average…

FTX, the biggest bankruptcy story in the history of crypto money markets, started to take new steps regarding user funds. While the newly appointed management put into effect the plan to reimburse users, it also offered an information request platform to its users today. The stock market is expected to reopen soon. Sinking cryptocurrency exchange FTXThe good news continues to come for users of . In the new report released in the past weeks, it was reported that the company recovered close to $ 7 billion of the $ 9 billion deficit. The new management, which has a plan to…

Interest in stablecoin solutions, which turned into a crisis in 2021, started to increase in the DeFi ecosystem. Finally, after the crvUSD step of Curve Finance, another news came from Aave. The Aave governance community is preparing to start voting for its decentralized stablecoin solution, GHO. on the Ethereum network ERC-20 token prepared to be released as GHO An offer has been received by Aave Companies. If a positive decision is taken as a result of the new proposal to be submitted to the vote of the community, a new decentralized stablecoin solution will be implemented. It is thought that…

Axelar, one of the important cross-chain projects in the crypto money market, announced a partnership with Microsoft. In recent days, many Web3 projects are forming partnerships with giant technology companies that include cloud solutions. After Axelar’s agreement with Microsoft, the price of AXL increased by about 10 percent. After the agreements with Google Cloud in the last days, Axelar is also Microsoft’s cloud solution. Azure announced the integration. Software integration will be provided through Axelar applications on the Azure Marketplace. Web3 project Axelar (AXL), which offers secure inter-chain communication solutions, gained more than 10 percent after this agreement. Axelar and…

Axelar, one of the important cross-chain projects in the crypto money market, announced a partnership with Microsoft. In recent days, many Web3 projects are forming partnerships with giant technology companies that include cloud solutions. After Axelar’s agreement with Microsoft, the price of AXL increased by about 10 percent. After the agreements with Google Cloud in the last days, Axelar is also Microsoft’s cloud solution. Azure announced the integration. Software integration will be provided through Axelar applications on the Azure Marketplace. Web3 project Axelar (AXL), which offers secure inter-chain communication solutions, gained more than 10 percent after this agreement. Axelar and…

Algorand (ALGO), once a popular altcoin project, is currently experiencing significant setbacks. Recent news reveals that Algofi, Algorand’s largest DeFi protocol, has made the decision to shut down its platform. This development is expected to have a negative impact on Algorand, which is recognized as one of the prominent blockchain solutions. Algofi, the primary decentralized finance protocol operating on the Algorand network, shared a post on July 11, 2023, announcing the closure of their platform due to certain issues. The team expressed gratitude to their users and stated that assets on the platform will be gradually liquidated over the course…

ConsenSys, renowned for its DeFi products like Metamask and Skale, made an exciting announcement today. They have officially launched Linea, the highly anticipated Layer 2 solution, which had garnered significant attention during its testnet phase. Linea, developed by ConsenSys using ZK-rollup technology, aims to address scalability challenges. The project witnessed tremendous engagement during the testnet stage, with over 40 million transactions conducted by 5.5 million wallets within three months. The team behind Linea states that the solutions it offers will reduce transaction fees on the Ethereum network by 15 times. Initially, the new network will be accessible to launch partners,…

During the period between 2021 and 2022, Stepn (GMT) emerged as one of the most popular Web3 projects. However, as interest in the “move to earn” concept declined, Stepn lost its favor among users. Find Satoshi Labs, the project’s creator, is now unveiling a fresh gaming venture called Gas Hero. To promote this new game, they have allocated a substantial budget of 2 million GMT. Following the frenzy surrounding Stepn, both GMT and Find Satoshi Lab have remained relatively silent. However, they are now making efforts to attract investors through their latest game. Gas Hero has been designed with a…

World-famous Robert Kiyosaki, the author of the book “Rich Dad Poor Dad”, made a new post on his social media account. Saying that the BRICS formation will make an announcement for the use of a gold-based cryptocurrency, Kiyosaki urged investors to buy gold, silver and Bitcoin. In his post, Kiyosaki said that BRICS members will announce a gold-based cryptocurrency on August 22, 2023. According to the famous writer, these new developments will end the dollar dominance. Stating that trillions of dollars will return to the USA, Kiyosaki pointed to gold, silver and Bitcoin. According to Robert Kiyosaki, the price of…