Altcoin News

MoneyGram’s decision to switch American blockchain company Ripple’s XRP token for XLM in its operations has triggered a rally in the latter coin’s price.

The introduction of central bank digital currencies (CBDCs) could bring a wide range of benefits to consumers and economies worldwide, including increased financial inclusion for people currently underserved by conventional financial institutions – particularly in the aftermath of the ongoing coronavirus pandemic. But they may need technological help to do so, suggested researchers.

Perhaps somewhat surprisingly, July ended up being a green month. Despite the drops and sideways trading, the second half of the month did see an increase in crypto markets which pulled the month up into the green zone.

Bitcoin price is showing positive signs above the USD 32,000 resistance. Ethereum might accelerate higher above USD 2,000, XRP could test USD 0.60. STX, FLOW, and AXS are up by 16%-30%.

Bitcoin price extended its surge and traded to a new all-time high above USD 29,200. Ethereum is still struggling to clear USD 750, XRP is consolidating above USD 0.200. WAVES, XLM, and ICX are down.

Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by crypto exchanges that we found last week and today.

Bitcoin price corrected lower below USD 42,000. Ethereum declined sharply below USD 3,000, XRP is down 9%. BNB and SOL are down over 9%.

The IOTA Foundation, the team behind the IOTA (MIOTA) coin, has announced "the initial success" of its ongoing collaboration with Trademark East Africa (TMEA), an organization that aims to build a decentralized digital infrastructure for optimized trade exports, thus growing prosperity in Eastern African countries.

Following another hack suffered by blockchain protocol Thorchain, and the sharp drop in RUNE's price, the coin is now recovering.

Investors in AnubisDAO, a relatively new DeFi project which was promoted as a fork of OlympusDAO, have lost USD 60m due to one “critical mistake,” an anonymous person behind the project claims.