Cryptocurrency

EasyA, the world’s leading Web3 education app, has confirmed that its community recently surpassed one million developers, and will build off this success with the launch of its Polkadot education campaign. The platform, which educates and empowers developers to create decentralized applications (dApps) and nurture thriving Web3 communities, has become an essential launchpad for the industry’s builders.“Reaching one million developers is a testament to the insatiable appetite for Web3 education, and the incredible talent driving the industry forward,” said Phil Kwok, CEO and co-founder of EasyA. “We are committed to providing the resources and guidance to help these brilliant minds shape the future of the internet.”EasyA’s impact extends beyond education, with winners of its hackathons now valued at over $2.5 billion having been backed by a slew of top VC firms like Andreessen Horowitz (a16z), Founders Fund, Y Combinator, and others. Notable success stories include startups like Axal, an intent coordination network powering autonomous Web3 systems, Cognition, an applied AI lab building end-to-end software agents, and MintStars, a low-censorship content platform where creators and fans earn money through resales.Building on this momentum, EasyA is launching its #180DaysofPolkadot campaign to teach over 40,000 developers how to build dApps on Polkadot and its parachains. Through in-app challenges ranging from introductory to advanced levels, developers can gain hands-on experience in coding, deploying smart contracts, and contributing to open-source projects on GitHub.500 of the top developers will be invited to complete in-app challenges and the campaign will culminate with two major Polkadot-focused hackathons in London (July 20-21) and Harvard (July 27-28), where around 100 projects will be launched. #180DaysofPolkadot is believed to be one of the widest-reaching developer education campaigns in the blockchain’s history.EasyA’s previous hackathons saw tens of thousands of developers complete crash courses and build dApps geared towards solving pressing industry pain points.About EasyAFounded in 2019 by Phil and Dom Kwok, EasyA is the world’s leading Web3 learning app. The platform compels developers to learn about top blockchain projects and launch dApps right from their smartphone, and to follow in the footsteps of EasyA builders backed by some of the industry’s biggest VCs. EasyA also hosts their world-famous hackathons in top cities across the US and Europe, routinely attracting hundreds of builders who fly in to launch their Web3 startups at these landmark events.ContactDominic KwokEasyAdom@easya.ioThis article was originally published on Chainwire More

Supra, a fully vertically integrated Layer-1 blockchain equipped with Multi-VM support, in-protocol oracles, onchain randomness, bridges, and automation, is expanding their oracle protocol’s price feeds catalog to cover real world assets (RWAs) including FX currencies, equities, commodities and more. With the launch of RWA price feeds, Supra continues to play an instrumental role in blockchain’s transformation of financial markets. DORA 2.0 is the latest version of Supra’s industry-leading oracle, and the introduction of RWA price feeds paves the way for new use cases enabled by FX, commodity, and equities data across new and old blockchains, while addressing challenges around Byzantine faults and data integrity for smart contracts in Web3 environments. Supra is powered by their innovative Moonshot consensus mechanism, which brings blazing-fast performance and robust security guarantees to its data feeds. In its advanced global testing phase, Supra demonstrated Moonshot’s ability to process 530k transactions per second in throughput, with 500 milliseconds optimistic finality and ~1.5–2 seconds full block finality, placing it head and shoulders above most other consensus mechanisms. For instance, RWA tokens can be bought and sold without intermediaries, settle almost instantaneously on public blockchains, and interact with existing categories of DeFi apps like lending protocols, all with increased transparency due to the immutability and verifiability of blockchain rails. RWAs also enable fractional ownership of assets such as real estate or fine art. In this way, RWA projects can increase liquidity in traditionally illiquid markets while making a new class of assets accessible to retail investors. “Real World Assets are set to revolutionize the DeFi landscape, and we’re excited to expand our price feeds catalog to FX currencies, equities, and commodities to fast-track the growth of RWAs with unparalleled access and accuracy in real-time data across 80+ chains,” said Supra Co-Founder and CEO Joshua Tobkin. “Together with Plume and Silver Koi, we are committed to bringing cutting-edge solutions that enhance the potential of RWAs in Web3. With this collaboration, we’re not just fuelling the explosion of RWAs in DeFi; we’re also ensuring that our ecosystem is well equipped to harness the immense value they bring,” Tobkin continued.”Supra was the first ever oracle deployed on Plume, and since then we’ve been working closely with the team to integrate novel price feeds from real world financial markets directly with projects in the Plume ecosystem like Silver Koi,” added Eugene Shen, Co-Founder and CTO at Plume Network. “We’re building the first Layer-2 blockchain optimized for real world assets here at Plume, and Supra’s RWA oracles are an integral part of our offering. We’ve been consistently impressed by the technical depth and speed of innovation that Supra brings to the RWA space.”“Supra Oracles play a crucial role toward this vision. Supra Oracles brings high-quality and low-latency data feeds for real world assets onchain! Their bleeding-edge technologies allows Silver Koi to integrate real world data and provide a CEX-like perpetuals trading experience.Supra has worked to integrate RWA price feeds into its data oracle as a direct response to the high demand from users ranging from network layers and DEXs, to dApp developers and investors,” added Claire Chen, Silver Koi’s Co-Founder and CEO.Advocates of both DeFi and TradFi are united in their optimism around RWAs, which are expected to make their way into every financial market in the future and power a new wave of innovation in both the investment and financial services industries. About SupraSupra is an all-new blockchain that vertically integrates oracles, bridges, automation and randomness into a powerful Layer-1 with Multi-VM compatibility. It’s designed to give developers all the tools they need to build on one chain, enabling a new breed of Super dApps.Supra is also a leading provider of oracle price feeds and verifiable randomness across 80+ blockchains with Layer-1 security guarantees. Supra focuses on solving real problems for dApp developers and scaling Web3, supported by a developer toolkit with extensive guides and technical whitepapers.About Silver KoiSilver Koi is leading the evolution of institutional trading by bringing a seamless, CEX-like trading onchain. Responding to the growing demand for professional decentralized trading solutions, Silver Koi is building a specialized blockchain optimized for institutional order-book volume on RWA derivatives.About PlumePlume is the first modular Layer-2 blockchain dedicated to all real world assets (RWAs) that integrates asset tokenization and compliance providers directly into the chain. Their mission is to simplify the convoluted processes of RWA project deployment and offer investors a blockchain ecosystem to cross-pollinate and invest in various RWAs. In addition, Plume enables RWA composability through its thriving DeFi applications, partnerships with cutting-edge tech providers like Supra, and access to high-quality buyers to increase liquidity for all tokenized RWAs.ContactMarketAcrosspr@marketacross.comThis article was originally published on Chainwire More

NeurochainAI announces the launch of its platform to democratize artificial intelligence (AI) development worldwide and streamline the process of building, launching, and using of AI-powered decentralized applications (dApps). Integrating advanced machine learning with blockchain technology, NeurochainAI enhances scalability, transparency, and data security in AI applications.With 82,000 registered users and 48,000 connected wallets, NeurochainAI facilitates community participation in AI model creation and validation, ensuring accuracy and enhancing model performance. The platform streamlines AI dApp development, reducing time-to-market by up to 24 times compared to traditional methods.As of 2023, the global AI market, valued at $500 billion and projected to reach $1.8 trillion by 2030, is primarily driven by advancements in technology and significant sector investments. NeurochainAI builds off this growth by offering AI infrastructure that includes the first decentralized consumer-grade GPU DePIN for AI compute, community-powered data collection and validation, optimized AI model marketplace, and interoperability tools for seamless integration into any tech stack across Web2 and Web3.About NeurochainAINeurochainAI is a decentralized AI-as-a-Service (DeAIAS) network that streamlines the process of building, launching, and use of AI-powered decentralized applications (dApps). Providing a ready-to-use AI infrastructure, the network enables developers to create AI dApps up to 24 times faster and 5 times more cost-effectively compared to traditional methods. The platform is focused on advancing the field of AI application development, offering unparalleled ease of use and affordability.Website | Medium | Telegram | Discord | LinkedIn | X ContactCOOOdeta Iseviciuteodeta@neurochain.aiThis article was originally published on Chainwire More

According to Michael Saylor, the company’s founder and executive chairman, MicroStrategy has spent approximately $8.33 billion to accumulate a total of 226,331 Bitcoin, averaging $36,798 per Bitcoin.The move follows the company’s announcement last week of raising $500 million to buy Bitcoin through the sale of convertible senior notes due in 2032. Shortly thereafter, MicroStrategy raised its initial target by 40% to $700 million, indicating that the funds would be used to acquire more Bitcoin and “for general corporate purposes.”MSTR shares more than 2% in premarket trading Thursday. More

SphereX, a pioneering decentralized exchange (DEX), is thrilled to announce the launch of its testnet. This significant step forward invites crypto enthusiasts and traders to experience the innovative features of SphereX in a secure, simulated environment. The testnet launch marks a pivotal phase in SphereX’s development, setting the stage for a new era in decentralized finance (DeFi).Revolutionizing Trading with Advanced DEX FeaturesIn the face of the evolving landscape of centralized exchanges (CEXs), SphereX introduces a robust solution that draws closer to the usability and functionality of traditional platforms while enhancing security and decentralization. With the introduction of independent Zk rollup technology, on-chain KYC, and a DAO-focused economic model, SphereX’s testnet is designed to address the rigorous demands of today’s DEX users.Key Features and BenefitsSphereX introduces a suite of groundbreaking features designed to address the current limitations of traditional DEXs while optimizing the trading experience:Recognizing the critical need for competitive pricing and execution in the DEX derivatives market, SphereX’s testnet introduces a suite of features that elevates trading efficiency to rival that of CEXs:As SphereX continues to innovate and expand its offerings, the platform is poised to attract significant user engagement, mirroring the successful adoption trends seen in other leading DEXs. SphereX’s strategic development and the robust performance of its testnet promise a future where decentralized trading platforms can truly compete with centralized counterparts in both functionality and user experience.About SphereXSphereX is a decentralized crypto exchange designed to provide users with a more secure, efficient, and user-friendly platform for trading digital assets. SphereX boasts a unique combination of capabilities that include off-chain matching for lightning-fast trade execution, on-chain settlement for enhanced security, and cross-margin trading to optimize capital utilization. To learn more about SphereX, users can visit the SphereX website, and for updates, news, and promotions follow SphereX on X and Telegram.ContactSphereX Marketingcontact@sx.xyzThis article was originally published on Chainwire More

According to the chart shared by the market analytics platform, the Weighted Sentiment of Bitcoin comes in at -0.800433. Amid this FUD, one intriguing trend is that Bitcoin whales are accumulating the coin at an alarming rate. Santiment noted that this negative sentiment, mixed with whale accumulation, often signifies upcoming bottoms.What this signals essentially is that the sell-offs in the price of Bitcoin might soon shift gears, with prospective accumulation set to take over across the board.At the time of writing, Bitcoin was trading for $65,849.86, up by 0.83% in the past 24 hours. While this uptick is not uncommon considering its latest price action, Bitcoin might need more visible accumulation for it to wriggle completely out of the bear zone.At the current level, the volume is still showcasing a buildup in general interest as it is down by 44.26% to $19,148,407,098. A sustained return of inflows into the U.S. spot Bitcoin ETF might be a major trigger to watch out for in the long term.This article was originally published on U.Today More

There is a discernible trend of Bitcoin withdrawals from exchanges amid current market conditions. Investors are storing their money in self-custody wallets at a higher rate than they were on exchanges. Growing worries about exchange security and a desire for more control over one’s assets are the main forces behind this change. After multiple high-profile exchange hacks and regulatory crackdowns, investors’ general sentiment is shifting toward self-custody.There are various ways to understand this significant fund transfer by Binance. It could just be a single user making a sizable withdrawal, or it could be an internal transfer for operational or security purposes. But this transfer’s magnitude is substantial enough to merit consideration.Significant withdrawals from exchanges are frequently interpreted as a bullish sign, pointing to the fact that investors are transferring their holdings to cold storage, which usually denotes long-term holding purpose, which is favorable for an asset’s value.However, these substantial transfers may also cause exchanges to experience short-term liquidity problems, which could cause market volatility. Taking the larger context of these movements into consideration is essential. For example, this transfer may be a sign of growing mistrust in holding assets on exchanges, if it is part of a larger trend of outflows, or it may just be Binance’s regular operational adjustments.In terms of market performance, Bitcoin is in a slightly negative zone, as it could not yet regain a proper footing above key resistance levels. For now, the asset is trading at around $66,000, getting ready to reach the 50 and 26 EMAs.This article was originally published on U.Today More

By 06:57 ET (10:57 GMT), Bitcoin increased by 0.8% to $66,031.2, still down 2.8% for the week after dipping below $65,000 on Tuesday for the first time since May 16.Crypto prices including Bitcoin are rangebound as investor enthusiasm for riskier assets has been dampened by the prospect of prolonged high U.S. borrowing costs.Several Federal Reserve officials have stressed the need for further progress in controlling inflation, despite last week’s weaker-than-expected U.S. inflation data. As a result, the U.S. central bank now forecasts only one interest rate cut this year, down from the previous expectation of three cuts.This narrative has bolstered the U.S. dollar, with the dollar index (DXY) rising 0.2% over the past five days. A stronger dollar typically reduces the appeal of Bitcoin, as it makes dollar-denominated assets more attractive compared to riskier investments like cryptocurrencies.Near-term, BTC has the potential to rebound toward $67,000, according to analytics firm Glassnode. This threshold might present resistance, and breaking through it could set the stage for an even higher target of $69,500.On the flip side, the $65,000 mark is viewed as a key psychological support level, which could be pivotal in maintaining investor confidence.Trailing Bitcoin, most major altcoins also rose slightly on Thursday.World no.2 token ETH/USD added 1.1% to $3,597.04, while Cardano climbed 1.4% and XRP rose 1%. In contrast, Solana dropped by 0.5%.Among meme tokens, DOGE/USD edged up by 0.6%, and Investing.com Shiba Inu Index increased by 0.4%.Earlier this week, Bernstein analysts hiked their Bitcoin price target to $200,000 from $150,000 “to reflect the positive surprise from Bitcoin ETF flows since launch.”The firm argues that Bitcoin and crypto-related stocks are underrated and poised for significant institutional interest as regulatory concerns diminish.”We remain convinced in our Bitcoin new cycle thesis,” Bernstein noted. “Bitcoin has been adopted by institutional investors, and global asset managers have seen some crypto success. For us, the next leg of demand should come from crypto bystanders.”Bernstein analysts stress the potential of Bitcoin ETFs, noting a 150% surge in Bitcoin since BlackRock (NYSE:BLK) filed its Bitcoin ETF application.The note also addresses skepticism from bears who argue ETF flows aren’t genuine, driven more by ‘cash & carry trade’ rather than ‘net long’ positions.Bernstein sees this as a “trojan horse” for adoption, with investors likely to shift to ‘net long’ positions as ETF liquidity improves. While early allocations were retail-driven, they expect strong institutional growth, anticipating ETF approvals at major financial institutions by Q3/Q4.“Tactically, low to mid $60Ks/high 50Ks (if we get there) should be interesting entry points,” Bernstein highlighted. More