In the volatile world of cryptocurrency, where market values can fluctuate rapidly, Cardano (ADA) has managed to stand out as a beacon of resilience. Despite the overall plunge in the global crypto market, Cardano has shown remarkable growth in on-chain activity, defying the bearish trend that has affected other cryptocurrencies. According to data from the
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The recent market crash that led to a 23% tumble in Ethereum prices in less than 24 hours did not deter investors from jumping into U.S. spot Ethereum ETFs. On August 5, a total of $49 million flowed into nine newly launched spot ETH ETFs, marking the second-highest inflow day since these funds began trading.
The recent sell-off in the cryptocurrency market has sent shockwaves throughout the industry, with major digital assets like Bitcoin and Ethereum plummeting over 20% in value within just 24 hours. This sudden market upheaval occurred amidst a backdrop of widespread stock market sell-offs triggered by disappointing jobs reports and perceived inaction by the Federal Reserve.
The Chief Executive Officer (CEO) of VanEck, an American investment management firm, Jan van Eck, has made waves in the cryptocurrency market with his prediction of Bitcoin’s price potentially reaching as high as $350,000. Van Eck believes that Bitcoin’s adoption rate, similar to that of gold, will be the driving force behind this significant surge
Unstoppable Domains and Amazon Web Services (AWS) recently collaborated on a global virtual hackathon that attracted an impressive 1,162 participants. Hosted on Devpost.com, the Unstoppable Hackathon utilized AWS’s cloud computing capabilities and Unstoppable Domains’ blockchain-based digital identity solutions to explore the potential of Web3 and artificial intelligence (AI). The event showcased the integration of AWS’s
A new bipartisan bill introduced in the Senate by Senator Catherine Cortez Masto and Senator Chuck Grassley aims to bolster the investigative authority of the US Secret Service in tackling crimes involving cryptocurrencies. The bill is a response to the escalating threat posed by transnational cybercriminal activities, such as unlicensed money-transmitting businesses, structured transactions, and
The recently revealed Abu Dhabi Blockchain Center stands as a testament to the region’s dedication to advancing innovation and fostering growth within the Web3 ecosystem. This initiative aims to position Abu Dhabi as a key player in the global blockchain technology and innovation landscape. A Foundation for Ecosystem Development The Blockchain Center serves as a
Telegram, a popular social messaging platform, has made waves in the tech world by introducing a new in-app browser with built-in Web3 for its nearly one billion users worldwide. This innovative feature aims to revolutionize the way users interact with content and applications on the platform. The new in-app browser offers a range of exciting
Moonfrost is a free-to-play farming RPG game that offers players the opportunity to immerse themselves in a world of farming, socializing, and adventure. The gameplay is reminiscent of popular classics like Stardew Valley, Animal Crossing, and Zelda, making it appealing to a wide audience. Players can expand their farm, interact with various characters, and engage
The collaboration between US developer Laguna Games and Crypto Unicorns DAO, which gave birth to the Unicorn Party, has come to a sudden halt. The Unicorn Party, a collection of games featuring the intellectual property of the Crypto Unicorns, was designed to attract a wider audience through simplified gameplay and reward systems. However, after careful
Marathon Digital (MARA) experienced a significant drop in its shares during after-hours trading on Thursday as the company’s second-quarter revenue failed to meet Wall Street’s expectations. The reported revenue of $145.1 million fell short of the forecasted $157.9 million by approximately 9%, leading to a negative impact on the company’s stock value. The revenue miss
Riot Platforms, an American Bitcoin mining firm, recorded a significant net loss of $84.4 million in the second quarter of this year. This loss represents a stark contrast to the $27.4 million loss reported in the same quarter of the previous year. The widened losses can be attributed to the ongoing impact of April’s Bitcoin
Investing in Bitcoin can be a tricky endeavor, especially with the market’s inherent volatility and price fluctuations. However, one crypto analyst named ‘Stockmoney Lizards’ has provided some insight into the best times to buy the pioneer cryptocurrency by pinpointing key price levels for potential buying opportunities. Bitcoin’s recent price movements have been analyzed by the
The recent on-chain data reveals a significant increase in Bitcoin accumulation by a particular whale who managed to amass almost $400 million worth of the cryptocurrency in just two days. This aggressive accumulation suggests a strong bullish sentiment towards the flagship crypto. The whale, identified as 12QVs…oN2qo, withdrew a total of 5,800 BTC from Binance,