In the rapidly evolving landscape of technology, policymakers often find themselves struggling to keep up with the latest advancements, leading to a disconnect between regulatory frameworks and emerging technologies. This divide becomes glaringly evident when examining the challenges faced by US lawmakers and regulators in regulating technologies like blockchain and artificial intelligence (AI). The current
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The Cardano (ADA) price seems poised for a notable upward movement, with the network recently achieving a new milestone in terms of processed transactions. According to data from Cardano’s latest weekly development report, the network has processed a total of 88.6 million transactions to date. This achievement is significant as sustained network activity has the
The Bitcoin halving is a significant event that occurs approximately every four years. This built-in mechanism is designed to slow down the process of creating new BTC, ultimately ensuring that the last Bitcoin will be mined over a hundred years from now. With more than 19.6 million Bitcoins already in existence, the reduction in production
Bitcoin’s journey in 2024 began with a bang, as it surged by a staggering 73% in the first quarter of the year, reaching an all-time high price of $73,750. Despite a subsequent dip in value due to volatile market movements, major stakeholders have consistently shown a trend of accumulation in the first three months of
In the world of cryptocurrencies, meme coins have gained immense popularity due to their viral nature and potential for high returns. While Dogecoin remains a dominant player in this space, investors are always on the lookout for the next big thing. One such contender that has caught the attention of many is Sponge (SPONGE), a
Ethena Labs, the team behind the synthetic dollar-pegged offering USDe, has recently announced the integration of Bitcoin (BTC) as a backing asset. This decision comes as a strategic move to scale USDe’s supply beyond its current $2 billion mark. Highlighting the significance of incorporating BTC, Ethena Labs emphasized the role of Bitcoin in enhancing USDe’s
The recent decision by the bankrupt crypto exchange, FTX, to sell its Solana holdings at a discount to crypto venture firms has sparked strong disapproval from creditors. The sale, which involved offloading 30 million SOL at a rate of $64 each to VC firms like Pantera Capital and Galaxy Trading, represents a significant 62% markdown
Cryptocurrency analysts are once again focusing on Cardano (ADA) as they discuss its potential future trajectory. The recent analysis by Alan Santana has outlined a bearish narrative for the crypto token, suggesting a significant price drop could be on the horizon. Santana pointed out that ADA’s breakout below the $0.58 support level after five weeks
Bitcoin has recently experienced a surge in interest from short-term holders, with over 1.2 million BTC being accumulated since December 2023. This accumulation trend, in addition to the launch of Spot Bitcoin ETFs in the US, has captured the attention of investors and analysts alike. While whales and long-term holders have historically been major players
In a recent announcement, Binance’s NFT marketplace revealed that it would no longer support Bitcoin Ordinal NFTs after April 18. This decision came as a surprise to many users who were actively trading and interacting with these unique digital assets on the platform. From buying to depositing, bidding, or listing Bitcoin Ordinals, all such activities
In the ever-evolving world of cryptocurrency, XRP (XRP) is facing obstacles in gaining traction in 2024. As a result, many XRP holders are shifting their focus and funds towards a new eco-friendly AI crypto known as eTukTuk (TUK). This alternative currency has caught the attention of investors who are anticipating potential gains of up to
In the world of cryptocurrency, predictions regarding the price of Bitcoin are a dime a dozen. Pseudonymous crypto analyst PlanB has recently made a bold claim that Bitcoin will hit $100,000 this year, despite the current bearish sentiments surrounding the flagship crypto. PlanB, in a video on his YouTube channel, confidently stated that he believes
The Ethena token (ENA) has recently experienced a significant surge of 13% in just 24 hours and an impressive 53% overall increase since being listed on Binance. ENA serves as a governance token for Ethena’s decentralized finance (DeFi) protocol, which offers a dollar-pegged stablecoin called USDe with a remarkable 35% APY. This stablecoin differs from
Crypto exchange Binance, currently embroiled in a legal battle in Nigeria, faced a setback during its court hearing on April 4. Surprisingly, the exchange lacked legal representation at the hearing, with only its compliance chief, Tigran Gambaryan, present. Gambaryan, who has been detained by the Nigerian government since February, stood alone in representing Binance at