Cryptocurrency News – Week of July 31, 2022

Summary of the news

July 31, 2022 – 09:00

Here is a new edition of the news feed of the CryptoActu.com site for the week of July 23-29, 2022. A weekly publication that gives you an overview of the key highlights of the cryptocurrency and blockchain universe from the past 7 days.

This with 5 essential items with which you keep abreast of important innovations and developments in the field. But also to stay informed about interesting investments and the best possible opportunities within this ecosystem.

And at the end of this selection, a full technical analysis of the price of Bitcoin and other cryptocurrencies symbolic of the news of the week.

A good way to keep an eye on the cryptosphere while enjoying the weekend.

Good reading…

Solana Spaces – Opening of a first physical store in New York

Time passes, and today’s actors are always a little bit more like yesterday’s actors… Solana takes big step in the real world. Although this blockchain is not known for its decentralization, it decided to open a brick and mortar store in New York anyway. This is a world first for the company that counts to participate in the democratization of Web3 through its actions – as this decision proves.

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NFT – Future proof solution for sporting event ticketing

NFT - Future proof solution for sporting event ticketing

The NFT Market can sometimes give the impression that it amounts to a multiplication of collections of digital images that are not always useful. A limiting view often spread by his opponents, always waiting for the collapse of his speculative bubble. Because even in a sharp drop – like the entire cryptocurrency market – non-fungible tokens have taken a full place in this ecosystem and even beyond. To the point that it is seen by many companies as a possible solution, not only in the context of innovative communication campaigns. Because they could be the future of ticketing for sporting events.

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The US SEC Is Investigating Some Cryptos Listed On Coinbase

The SEC is investigating Coinbase

The crypto exchange platform, which is currently not in the best shape, is piling up setbacks. The latter is of a regulatory nature. US Securities and Exchange Commission (SEC) Suspects Coinbase of Making Certain Cryptocurrencies Available for Tradings which, in his opinion, should have been registered as financial securities.

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Fantom (FTM) – Putting Out Burns for Community Investment

Fantom (FTM) - Burn Extinction for Community Investment

The true specificity of the cryptocurrency sector must be based on a principle of: tokenomics specific to each project. That is, an internal strategy of issuance, distribution and/or destruction included in the economic model. And, at the height of last year’s overall rise, a genuine community and speculative enthusiasm for the principle of “burn”. This programmed destruction of units of a cryptocurrency to reduce the amount (supply) available. But clearly, this trend seems doomed for some in the heart of bear market winter.

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Europe – Lack of experts to regulate cryptocurrencies

Europe - Lack of experts to regulate cryptocurrencies

The perch is so big that it is impossible not to grab it. And this news was so ironic and funny that it had to be made into an article. Indeed, it seems that the European territory lacks regulatory specialists in the field of cryptocurrencies. And any informed investor on the subject of these digital (non-)currencies will not be able to say the opposite, given the official treatment applied to them. The real question is to what extent incumbents today really think they have the same skills. Be that as it may, the European Banking Authority (EBA) seems concerned

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Litecoin (LTC) Analysis – Has Bottomed Out?

Litecoin Analysis - Has Bottomed Out?

Dear readers, hello! here Roman, for a technical report on the price evolution of the LTC cryptocurrency from the Litecoin project. What are the main technical supports? is a rebound still possible? What evolution compared to Bitcoin? Zoom in on the current situation of this cryptocurrency.

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