​Movement Labs Seals the Deal with Polygon; Secures Whopping $160M Commitment for Upcoming Mainnet
Movement Labs, an Ethereum-based network, is stirring up the crypto sphere with its recent union with Polygon Labs' AggLayer. This partnership aims to boost blockchain interoperability and streamline liquidity across all Move Virtual Machine-based layer-2 chains, AggLayer-connected chains, and the extensive Ethereum network. The integration cements the links between Move and Ethereum Virtual Machine ecosystems, as stated by Rushi Manche, the co-founder of Movement Labs.

But wait, there's more! Alongside the announcement of Movement Labs joining the AggLayer, came the launch of their public testnet. Known for its unorthodox methods, the testnet now plays host to six bright and shiny new Web3 projects. The cherry on the cake? A jaw-dropping commitment of $160 million in Total Value Locked (TVL) for its eagerly awaited mainnet launch.

July 30 marks a historical day for Movement Labs, as it takes one giant leap towards unified blockchain liquidity. So, in a world of complex crypto connections, it looks like Movement Labs and Polygon AggLayer are moving and shaking to create one big happy crypto family.

Sentiment: Positive
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Cointelegraph

Movement Labs joins Polygon Agglayer, bags $160M TVL commitment for mainnet

Movement Labs integrated with Polygon’s AggLayer and parallelly secured $160 million in TVL for mainnet launch.

​Major Money-Movers Set to Make Vital Rate Calls
As elusive as a Cheshire cat in the crypto-verse, financial juggernauts - The Fed, Bank of Japan (BOJ), and Bank of England (BOE) - are preparing to lay their interest-rate cards on the table this week. With the crypto market's heart rate often skipping a beat alongside traditional monetary policies, stay glued to your screens folks, because this economic thriller is ramping up for an adrenaline-pumped climax!

Sentiment: Neutral
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Coindesk

Key Interest Rate Decisions Coming This Week From Fed, BOJ, BOE

The Fed is expected to hold policy steady but indicate a soon-to-come rate cut, while the Bank of England is seen as about a 50/50 bet to ease and the Bank of Japan is likely to either hike rates or signal an imminent move.

​Polkadot's Activity Dips to its Lowest Level since January 2024
Activity on Polkadot's Relay Chain and its sister parachains is set to wrap up the month of July recording its least activity since the start of the year. User interaction with Polkadot's Relay Chain, and its linked parachains, has seen a noteworthy slack going as low as the January stats. Not only has general activity seen a downward trend, but there's also been a substantial drop off in first-time user activity on the Relay Chain. The parachains on the Polkadot network haven't been spared either, echoing a similar decline in user engagement. A telling sign during this review month has been the fall in the number of fresh addresses created on these chains - a dip by a worrying 21%. These dwindling figures point to a growing disinterest towards Polkadot among both novices and seasoned users.

Sentiment: Negative
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​Winning Over Developers for Your Blockchain Initiative: A How-To Guide
Ever wondered what it takes to get developers to come, stay, and contribute to your cryptocurrency venture? The secret sauce has been laid bare. Blockchain developer marketing is the strategic game plan used in reeling in developers to use, maintain, build and lend support to a project. This involves actively engaging on platforms, proffering lucid answers and throwing thought-provoking questions into the mix. Doing so helps to zoom in on your project, cement your credibility in the minds of developers, and, of course, empowers you to hook more talented hands to your blockchain initiative. In this field, Medium is viewed as a strategic midfielder, providing an arena to both consistently dish out value-adding content and enact your project as a reliable voice in the blockchain developer domain. It's a DIY masterclass in visibility and magnetic attraction for eager developers. Lastly, remember it's all about addressing developer pain points. Identifying stark challenges developers go through and offering them solutions can not only fetch you some good karma but also bring some of those talented minds on board your project.

Sentiment: Positive
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GuerrillaBuzz

Discover the keys to successful blockchain developer marketing, and learn how attract developers to your crypto project in 2024.

​White House Allegedly Envisions Bitcoin Hitting $250,000
Rochard, analysing President Biden's 2025 budget, hinted on social media platform X that the White House seems to be extremely optimistic about Bitcoin. He suggested that the administration expects Bitcoin to reach a whopping $250,000 by 2035, paving the way for significant tax revenues. However, Guzmán clarified that the budget does not specifically include Bitcoin price projections, but focuses more on the potential revenue garnered from increased regulation and taxation of digital assets. Rochard defended his statement, saying that his image wasn't claimed to be part of the actual budget, but a product of his assumptions around the tax revenue forecast. Regardless, the stand-out point here is that the White House seems increasingly positive about Bitcoin year on year. This optimism, Rochard suggests, leads to the portrayal of an overly-glossy forecast of future tax revenues from digital assets, possibly inflating the projections for strategic reasons.

Sentiment: Mixed
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Bitcoinist.com

White House Forecasts Bitcoin Surge To $250,000, Expert Reveals

Pierre Rochard, Vice President of Research at Riot Platforms, stirred the waters with his interpretation of the US government's stance on Bitcoin.

​Bitcoin Whistles a New Tune, Ether Grooves Over $4,000
Bit of a buzz in the cryptocurrency hood. Bitcoin, that 'old' rockstar, is at it again - breaking its own records like shattering glass ceilings. But hey, let's not ignore the rising pop-star in town, Ether. Ether claims to fame as it cruises past the $4,000 mark, and let me tell you, it ain't looking back. So, for those in the back, that's Bitcoin smashing records and Ether swanning past the $4,000 pedestal. Not bad for a day at the crypto-coaster, wouldn't you say?

Sentiment: Positive
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CNBC

Bitcoin rises to another record, ether breaks through $4,000

Bitcoin extended recent gains and climbed to another record to start the week as ether hit a more than two-year high.

​Simple Steps to Deploy Solana Smart Contracts, No New Development Needed for Memecoin
Launching a memecoin on Solana is simpler than you might think - you don't need a new, separate smart contract. Harmonize with an already deployed token program, thanks to Solana Labs, and you're halfway home. After you've teased and tested the Solana smart contract code, it's time for launch to the Solana network. Fasten your seatbelts and deploy the program - your smart contract's unique identifier here is its Program ID. No clue how to create one? Just strut to your terminal and perform a crisp execution of 'solana program deploy '.

Now, if you've ever wanted to play detective, here's your chance. You can use tools like the Solana Explorer, Solscan.io, or any other public indexer to retrieve juicy information about your contract—including its size and SOL balance. For the rookies out there, the Solana Explorer is your online Conan, letting you enjoy a visually engaging ride through Solana blockchain territory, eye over transactions, and conduct a full-body scan of smart contracts in detail. So, there's your guide to dabbling in Solana smart contracts—straightforward and rather painless, isn’t it?

Sentiment: Amused
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How to deploy a Solana smart contract

Create a Solana smart contract following our step-by-step guide. If you need to design a smart contract, ask for help from our expert Rust developers.

​Peter Schiff Unexpectedly Joins Bitcoin Bandwagon with "Golden Triumph"​ NFT Collection
Could notoriously vocal Bitcoin cynic, Peter Schiff be a closet Bitcoiner? The gold bug recently surprised the crypto community by riding the Bitcoin hype wave and obstinately promoting his "Golden Triumph" Ordinals NFT collection. With Bitcoin soaring to impressive new highs, this bold move by Schiff has raised eyebrows and sparked whispers of hypocrisy amongst serial Bitcoiners.

Selling like hotcakes, the Ordinals collection hit an all-time high price floor of 0.7 BTC in the June of 2023, a significant achievement witnessing the current price floor resting comfortably at 0.2545 BTC. Schiff's successful Ordinal sales have piqued interest, however, not strong enough to hide his well-known public scorn for Bitcoin.

Regardless of his Ordinals' popularity and the crypto world's surprise surrounding Schiff's venture, he continues to publicly disregard Bitcoin. This incites questions and speculates whether beneath the surface of distaste, Schiff might secretly be a Bitcoin enthusiast. With Bitcoin mania sweeping the globe again, Schiff's sudden appearance on the Bitcoin NFT field enflames rumors of him secretly indulging in the very denomination he overtly criticizes.

Sentiment: Amused
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DailyCoin

Bitcoin Hater Schiff Peddles Ordinals NFTs as Market Moons

Bitcoin critic Peter Schiff sparks backlash after shamelessly promoting his "Golden Triumph" Ordinals NFT collection amid BTC's latest rally.

​"Serai: The New Monero-Based Decentralized Exchange Tests the Waters"
Giving a new spin to cryptocurrency trading, Serai has launched its test network. With a heady mix of liquidity swapping, and a fee-based liquidity provision, this decentralized exchange puts Monero at its heart. Notably shunning any central authority or privileged admin keys, Serai puts its faith in openness. In a promising display of this, both the source code and the validator set are open to all. Ensuring financial safety, the funds on this exchange are stored in collateralized multisignature wallets. To round-off, Serai uses its own cryptographic stack which is audited and crafted in Rust, demonstrating a commitment to efficiency and scalability.

Sentiment: Positive
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serai.exchange

Serai DEX | Swap Bitcoin, Ethereum, DAI stablecoin, Monero, and more.

​Bitcoin flirts with record-breaking smashes past $65K mark
The engaging dance between Bitcoin and the markets continued, as the cryptocurrency giant pranced its way to transcend the $65K mark, eyeballing its lifetime peak from not too far. With the air charged with bullish excitement, Bitcoin couldn't resist flaunting its growing clout in the financial landscape, raising its price tag to massive new heights. The triumphant march towards its lifetime peak luks less fantasy and more future. The crypto enthusiasts, meanwhile, were seen clapping along to the tune of Bitcoin's meteoric ascent, watching their hopes mounting with every price spike. However, some suggest keeping the champagne on ice as Bitcoin has proven itself to be a highly unpredictable dancer on the floor of the crypto market, and its dance steps can change within a chat of a blockchain!

Sentiment: Positive
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Coindesk

Bitcoin Tops $65K as Bullish Bets Climb to Record High

The largest cryptocurrency is now just 5% away from its 2021 high in U.S. dollar terms, having already reached records in other currencies.