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XRP technical levels fade while freefalling to $0.65 beckons
- Ripple has embraced downward price action since the beginning of June. The international money transfer token crashed from $1.71 to $0.65 in May but recovered to highs around $1.1 at the beginning of June. In the last week, the overall general outlook in the market has seen XRP bulls fight a losing battle.
UNICEF invests in blockchain startups for financial inclusion
- UNICEF Venture Fund is awarding up to $100,000 to blockchain startups, including India’s GovBlocks, in its latest funding round. To help the masses around the world who still don’t have access to financial services, the UNICEF Venture Fund is investing in seven blockchain startups in six countries, including Kenya, Argentina, India, Mexico, Rwanda, and Nepal, according to a UNICEF announcement today.
Vitalik Buterin has made $4.3M from his $25K investment in Dogecoin
- Vitalik Buterin has recounted how turned $25,000 into $4.3 million in three years by investing in DOGE. In his recent appearance on the Lex Fridman podcast, Ethereum co-creator, Vitalik Buterin, revealed he profited more than $4 million from a $25,000 investment that he made into Dogecoin during 2016.
MicroStrategy Ups Bitcoin Bond Sale to $500 Million
- Enterprise software firm MicroStrategy has upped its corporate bond sale, first announced yesterday, from $400 million to $500 million. The publicly traded company plans to use the revenue to purchase Bitcoin atop the 92,079 BTC it already holds. MicroStrategy’s sale of senior secured notes will allow the firm, led by Bitcoin bull Michael Saylor, to buy more BTC after the price of the digital asset dipped below $35,000.
Freewallet Adds Support for XinFin’s XDC Coin
- XinFin’s XDC is now available on Freewallet’s multi-coin app and web wallet. XDC is the fuel for the XDC Network, a hybrid blockchain protocol, featuring a public permissionless state and private sub-networks. The XDC blockchain features the XinFin Delegated Proof of Stake (XDPoS) consensus mechanism, which enables low gas fees and near-instant transactions.