Recent market trends have sparked optimism among analysts, suggesting that Cardano (ADA) is on the brink of a bullish market surge in the near future. ADA experienced a remarkable spike on the last day of February, with a 14% increase that pushed its price above $0.7, a milestone it had not reached since May 2022.
MicroStrategy, a prominent business intelligence software company co-founded by Michael Saylor, has been making headlines in recent times due to its soaring stock price, outperforming major US stock market indexes. The company’s strategic move to heavily invest in Bitcoin has played a crucial role in its unprecedented success in the market. As of the two-month
In the volatile world of cryptocurrency trading, many investors are drawn to the allure of quick profits. As Bitcoin and other major coins like Ether and Solana experience periods of consolidation, traders are turning their attention to the “shitcoin” market in search of top gainers. The low barrier to entry on blockchains like Ethereum and
Hungary is making waves in the financial sector with a proposed legislative initiative that would allow banks, investment funds, and asset managers to offer services in Bitcoin and other cryptocurrencies. This move aligns with the broader European trend towards embracing digital assets and could have significant implications for the country’s economy. The draft legislation, put
The Nigerian government is reportedly considering imposing fines of up to $10 billion on Binance. According to local media outlets, Bayo Onanuga, the special adviser to the Nigerian president, accused the exchange of profiting from facilitating illegal transactions in the African country, leading to significant losses for the nation. Onanuga sees the proposed fine as
The Wall Street Memes community recently experienced a surge in excitement following a major burn event that resulted in the incineration of 5% of the $WSM token supply. Additionally, the announcement of a massive $1 million $WSM airdrop by WSM Casino added to the euphoria among participants. Season One of the WSM Casino airdrop is
In the year 2024, the cryptocurrency market has witnessed a significant surge in the performance of AI-related coins. These coins have shown remarkable growth, with a combined returns increase of 76% since the beginning of the year. The Artificial Intelligence (AI) coins market saw a 7% rise today alone, pushing the total market cap to
In recent times, Shiba Inu has witnessed a significant surge in its price, with a staggering increase of +20% in trading volumes reaching a whopping $2Bn. The recent developments in the Shiba Inu ecosystem include the integration of an additional privacy layer on top of Shibarium L2, which has been welcomed with enthusiasm by the
The recent reports indicating a sharp decrease in the availability of Bitcoin (BTC) on Over-the-Counter (OTC) desks have sent shockwaves through the market. With only about 40 BTC reportedly available for sale at one point, this scarcity has raised concerns and sparked discussions within the crypto community. Noted figures like Caitlin Long and Samuel Andrew
Cardano (ADA) has made headlines recently with a significant price breakout, reaching $0.710 on Thursday for the first time since May 2022. This marks a pivotal moment for ADA as it emerges from a prolonged consolidation phase that has spanned the latter part of 2023 and the initial month of 2024. The recent surge in
MixMob, a gaming platform based on the Solana blockchain, has recently announced its partnership with Shepperton Design Studios and original Star Wars prop maker, Andrew Ainsworth. This collaboration brings the iconic Stormtrooper character to life in their game Racer 1, marking a significant milestone for MixMob. What sets this partnership apart is the fact that
Gemini, the cryptocurrency exchange founded by Tyler and Cameron Winklevoss, has reached a settlement with New York regulators to return a minimum of $1.1 billion to customers of its defunct Gemini Earn Program. The agreement also includes a $40 million contribution to Genesis Global Capital’s bankruptcy proceedings and a $37 million fine to the New
Justin Sun, the co-founder of Tron, a popular smart contracting platform for deploying decentralized applications (dapps), has once again caught the attention of the crypto community by making significant moves in the market. According to Lookonchain data, Sun recently transferred a whopping 100 million USDT to Binance, following other large transactions earlier in the week.
Bitcoin, often considered the gold standard of cryptocurrencies, has long been criticized for its lack of scalability. With a paltry transaction processing speed of just seven transactions per second in comparison to Visa’s 24,000, the network struggled to handle large transaction volumes. Additionally, the absence of support for smart contracts meant that Bitcoin lagged behind