Cardano’s recent partnership with Entre Ríos in Argentina has been touted as a significant development that could potentially propel the price of ADA to $3. The initiative aims to promote blockchain adoption in Argentina and open up new market opportunities for Cardano. While this partnership may seem promising on the surface, it remains to be
Asset tokenization, particularly the tokenization of securities, has been recognized by SEC commissioner Mark Uyeda as having significant potential benefits. According to Uyeda, representing asset rights with a digital token on a blockchain can offer enhanced security, transparency, and immutability. Moreover, he pointed out that tokenization eliminates the need for intermediaries, which can streamline transactions
Recently, Ethereum has experienced a significant number of large withdrawals from centralized exchanges, indicating that crypto whales are anticipating a price recovery. The amount of ETH held on these exchanges has plummeted to its lowest level since 2016. Ash Crypto, a prominent crypto analyst, highlighted this trend on social media, pointing out the surge in
The recent announcement by the New York Attorney General’s office regarding the settlement with Gemini has sent shockwaves through the cryptocurrency community. The recovery of $50 million for users of the defunct Gemini Earn program comes after legal charges were filed against the exchange. This entire ordeal has raised serious questions about Gemini’s practices and
Ethereum has experienced a significant drop in price, losing about 15% since March 2024. However, on-chain data suggests that there is a bullish case for the cryptocurrency. Analysts have noted a spike in demand for ETH, especially from permanent holders, who are likely institutional investors with more substantial financial resources. These holders are not easily
Cryptocurrency analyst TechDev has recently provided valuable insights into the future trajectory of Bitcoin. According to TechDev, Bitcoin has not yet reached its full potential in the current market cycle, suggesting that more price surges are on the horizon for the leading cryptocurrency. TechDev highlighted in a recent post on social media that Bitcoin blowoff
With approximately 20,000 Bitcoin options expiring today, the notional value stands at $1.35 billion. Despite the significant amount, the impact on the market is anticipated to be minimal due to the comparatively smaller size of this expiry event. However, investors are closely watching the looming Bitcoin options expiry on June 28, with a massive $6.7
The cryptocurrency market has been experiencing a period of stagnation in recent days, with major cryptocurrencies hovering around critical price levels. Bitcoin, in particular, has been struggling to break past the $67K mark, despite several attempts earlier in the week. Currently, BTC is trading at a 1% loss over the past 24 hours, with sellers
Despite numerous attempts to engage with Elon Musk’s companies, particularly X (formerly Twitter), Charles Hoskinson, the founder of Cardano, expressed his disappointment at the lack of response. Even offers of free work to combat issues like fake accounts and bots on the platform were met with silence. This silence extended to Musk personally, as Hoskinson
STORM Partners, a leading blockchain services provider, caused a stir at the recent Web3Fest event held in Switzerland’s renowned “Crypto Valley.” The company, along with key players such as Cardano and MultiversX, made a groundbreaking announcement that is set to reshape the landscape of blockchain technology adoption. The unveiling of “Lightningbox,” a cutting-edge Web3 Sandbox,
In a significant development within the realm of Web3 technology, the IOTA Foundation’s Web3 Identification Solution has been selected for the European Blockchain Sandbox program. This decision marks a crucial step in the advancement of Know-Your-Customer (KYC) procedures and privacy within the Web3 space. The implications of this selection extend beyond technological innovation, sparking discussions
The cryptocurrency world is no stranger to controversy, and a recent thread by blockchain analytics platform Bubblemaps has brought insider trading allegations to the forefront. The accusations involve meme coin projects promoted by Andrew Tate and Iggy Azalea, shedding light on suspicious activities surrounding the launch of DADDY and MOTHER coins. According to Bubblemaps, at
The European Banking Authority (EBA) has recently introduced comprehensive guidelines aimed at addressing recovery plans for asset-referenced tokens (ARTs) and e-money tokens (EMTs) in the context of the Markets in Crypto-Assets (MiCA) regulation. These guidelines are crucial for ensuring the stability and integrity of the rapidly expanding crypto market in the European Union. One of
Coinbase has raised objections to the Securities and Exchange Commission’s (SEC) $2.6 billion budget request for the 2025 fiscal year. The cryptocurrency exchange criticized the allocation of funds towards enforcement, rather than towards creating regulatory clarity in the crypto space. A Coinbase representative highlighted the lack of real crypto rulemaking despite the SEC’s massive budget.
In a surprising move, several major retail companies in South Korea, including Lotte and Hyundai, have made the decision to exit the non-fungible token (NFT) market. This significant change in direction marks a shift in their digital strategies as they respond to a slowdown in the NFT industry and redirect their resources towards their core
CFTC chair Rostin Behnam recently spoke before the Senate Committee on Appropriations, asserting that the agency is fully capable of taking on additional crypto responsibilities. He dismissed concerns that the CFTC would be overwhelmed, stating that regulating crypto commodities falls within the agency’s purview. Behnam acknowledged a regulatory gap that needs to be filled and
Despite Ethereum (ETH) experiencing a recent decline to around $3,500, there is optimism among analysts about the potential for new all-time highs in the coming months. Some market experts, such as X users Wolf and Jelle, have pointed to positive technical indicators that suggest a bullish trend for the second-largest cryptocurrency by market capitalization. One
The Bitcoin market is currently witnessing a shift in investor behavior, with a noticeable increase in short-term traders looking to capitalize on quick profits. These new players are gravitating towards spot Bitcoin ETFs, which offer an easy way to mirror Bitcoin’s price and participate in the market. According to the Bitfinex Alpha report, the number
In the world of cryptocurrencies, Cardano has been making waves recently, with many analysts predicting a bullish trend for its price. One such analyst, known as @Av_Sebastian on X (formerly Twitter), has gone as far as to suggest that the Cardano price could skyrocket to $2 in the near future. This optimism is largely based
Crypto analyst Dave the Wave has recently shared a bullish narrative for Bitcoin, despite the recent setback in its price. According to his analysis, he believes that Bitcoin has the potential to rise as high as $300,000 based on his logarithmic growth channel (LGC) indicator. This unprecedented price level is expected to be reached by
ENA, the native token of Ethena, has been experiencing a considerable amount of selling pressure in the past few weeks. This trend has led to a drastic drop in the token’s value, with ENA plummeting to $0.73, marking its lowest price point since May 20th. Unfortunately, this downward spiral has resulted in substantial losses for
Parallel, the innovative NFT-based card game powered by Ethereum, recently made its entrance into the Epic Games Store with a successful launch. This strategic move has positioned Parallel in front of the platform’s extensive audience of over 270 million users, including 75 million monthly active users. By joining the ranks of top PC games on
Terraform Labs, a now-defunct crypto firm, has recently come to a settlement with the Securities and Exchange Commission (SEC) regarding fraudulent activity related to the defunct Terra blockchain. The settlement involves a massive $4.47 billion fine that Terraform Labs has agreed to pay. This fine is meant to address the magnitude of the fraud and
Gamee, a hypercasual gaming ecosystem under Animoca Brands, made a strategic decision to transfer its GMEE token to Ethereum after Polygon was hacked for $15 million in early 2024. This move played a crucial role in the recent surge of activity within the Gamee network, but it was not the sole factor behind the increase
The recent $4.5 billion SEC settlement has led Terraform Labs CEO Chris Amani to announce that Terra will transition into a community project. Amani emphasized the need for the community to “take over ownership of the chain” as the company begins to wind down its operations. Despite stating that Terraform Labs had always intended to
The cryptocurrency market experienced a notable surge following the release of the latest US Consumer Price Index (CPI) data, with Bitcoin and Ethereum posting gains of 3.4% and 2.43% over the past 24 hours, respectively. Despite this positive movement, the market remains uncertain, with Bitcoin hovering at around $70,000 and Ethereum struggling to break past
The copy trading industry continues to expand rapidly as brokers seek sophisticated solutions to meet the evolving needs of traders. In response to this demand, B2Broker is introducing the next generation of its in-house investment platform, B2Copy, which aims to set new standards in the market. Unlike many existing solutions for MT4 and MT5, B2Broker