Crypto analyst Nick from the Cheeky Crypto YouTube channel has made an extremely bullish prediction for Cardano (ADA). According to him, Cardano could potentially reach a price of $38 in the future, although he acknowledged that this may not happen in the near term. One of the key factors driving this prediction is Cardano’s technological
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A recent announcement has brought together two leading entities in the cryptocurrency and blockchain technology space – OKX and Immutable. The strategic partnership aims to capitalize on the capabilities of Immutable’s zkEVM solution, which is a cutting-edge technology built on top of Ethereum’s Virtual Machine (EVM). By combining the security and reliability of Ethereum with
In the current cryptocurrency market, there has been a surge in meme coin launches, many of which have raised concerns due to their questionable ties. Lookonchain’s data has shed light on the risks associated with trading meme coins, especially those backed by celebrities. A recent example is American celebrity Caitlyn Jenner’s JENNER token, which was
In a groundbreaking move, SEC commissioner Hester Peirce put forth a visionary proposal on May 29 for a shared digital securities sandbox between the US and the UK. This innovative idea aims to extend the existing joint digital securities sandbox (DSS) of the Bank of England and FCA to include US firms. The implications of
A crypto strategist, known as Xanrox, gained attention for accurately predicting the current downtrend in Bitcoin’s price. This has led to speculations about where the price of Bitcoin may be heading in the near future. Xanrox’s analysis, shared on the TradingView website, pointed towards indicators that suggest a potential crash in the crypto market. One
Recently, blockchain analysis firm Nansen has identified DBS Bank, one of Singapore’s largest banking institutions, as a significant player in the cryptocurrency market. According to Nansen’s analysis, a crypto wallet owned by DBS Bank contains 173,753 Ether (ETH), with a current market value of approximately $650 million. This revelation has brought attention to the bank’s
In the ever-expanding realm of digital assets, SEI NFTs have emerged as a game-changer for artists, gamers, and collectors alike. Powered by its open-source Layer 1 blockchain, the Sei Network is making significant strides in the NFT space by focusing on low transaction fees, robust security, and fast transactions. The allure of SEI NFTs lies
The cryptocurrency world has been witnessing a surge in activity from Ethereum whales, the Goliaths of the market. Recent on-chain data has revealed significant movements from large investors, potentially influenced by the recent approval of spot Ethereum exchange-traded funds (ETFs) by the US Securities and Exchange Commission (SEC). This increased engagement from whales adds an
The web3 gaming ecosystem, XPLA, has recently made waves in the industry with the launch of its own layer 2 chain, XPLA Verse, in collaboration with Com2uS Group. This marks a significant milestone in the world of blockchain gaming, as it brings popular games such as “Summoners War: Chronicle” and “The Walking Dead: All-Stars” into
Solana meme coin prices are currently on the rise, with notable coins like dogwifhat (WIF) experiencing a significant uptick of 27% since the beginning of the week. Another coin called Sealana (SEAL) has also gained momentum, raising over $3 million in funding. WIF has reached $4.0 and is projected to retest its 20224 highs around
Senator Cynthia Lummis has been a vocal advocate for pro-crypto legislation in the US. She firmly believes that the crypto market has the potential to play a crucial role in the country’s economy, as long as the opportunity is not wasted. Lummis and other like-minded lawmakers have been working diligently to educate their colleagues about
Gemini, the crypto exchange founded by the Winklevoss twins, has made headlines with the successful recovery of virtually all its customers’ digital assets. This achievement is being hailed as one of the most successful industry recoveries from insolvency to date. The exchange announced that Gemini Earn customers have received a staggering $2.18 billion of their
Gemini, a prominent crypto exchange, announced that users of its Earn product have received a significant portion of their digital assets, totaling $2.18 billion. This recovery amounts to 97% of the total digital assets owed to Earn users, showcasing a remarkable turnaround since the collapse of crypto lender Genesis, which ceased withdrawals in November 2022.
Former FTX co-CEO, Ryan Salame, recently received a staggering 90-month prison sentence for his involvement in illegal activities. The United States Attorney for the Southern District of New York, Damian Lewis, announced the sentencing, shedding light on Salame’s crimes. Salame’s troubles began when he pled guilty to conspiring to make illegal political contributions and defraud