Cardano (ADA) has experienced a remarkable recovery, surging to $0.54 from a 50-day low of $0.43 on January 23. This swift turnaround has ignited excitement among speculative traders, who are now placing big bets on further gains. After enduring a sell-the-news cycle that caused the global crypto market capitalization to shrink by over $270 billion
The traditional education system, which has remained largely unchanged since the 1800s, is in dire need of transformation. The Covid-19 pandemic exposed the flaws and limitations of the centralized education model, prompting the rise of decentralized education, or DeEd. By harnessing the potential of decentralized technologies, DeEd aims to create a distributed network of learners,
The cryptocurrency exchange giant, Binance, has made waves in the industry once again with its latest development: a “banking triparty” arrangement that allows institutional investors to secure their trading collateral through a third-party banking partner. This solution, which has been in development for the past two years, aims to address the primary concern of counterparty
The European Securities and Markets Authority (ESMA) has released new guidance stating that EU-based crypto firms can provide services to non-EU customers in certain situations. According to ESMA, this is subject to the condition that the client is the exclusive initiator of the service. While this allowance, known as reverse solicitation exemption, provides some flexibility,
The increasing popularity of spot Bitcoin exchange-traded funds (ETFs) has hit Hong Kong, as Harvest Fund Management’s Hong Kong branch recently applied for a spot Bitcoin ETF with local regulators. This move aligns with Hong Kong’s efforts to establish its first wave of spot crypto ETFs, which are expected to revolutionize the digital asset investment
Taproot Wizards, a highly anticipated project in the world of NFTs, faced technical issues during its debut sale of “Quantum Cats” Bitcoin NFTs. This setback led to a delay in the sale and left users frustrated. However, despite the initial hiccups, Taproot Wizards holds great promise in its efforts to bring NFTs to the Bitcoin
Bitcoin investors who endured a bearish January may find solace in the possibility of a bullish February. Crypto analyst and long-term investor, Jelle, recently highlighted an interesting historical pattern that indicates February could be a favorable month for Bitcoin. According to Jelle, if history repeats itself, February should be strong for Bitcoin. The pattern he
The world of meme coins is no stranger to explosive moves, and the latest DEX-launched Solana meme coin, SPX token, is no exception. With an astonishing price increase of +26,568%, SPX has caught the attention of many traders and investors. However, as retracement takes hold, the question arises: can SPX token find an emerging second
The NFT market has recently faced challenges due to fragmentation and complexity, hindering the efficient management of digital assets. However, Magic Eden has risen to the occasion, announcing the launch of its highly anticipated multi-chain wallet. This game-changing wallet aims to address these issues and revolutionize the NFT market. One of the major stumbling blocks
The United States Financial Industry Regulatory Authority (FINRA) recently released a report revealing concerning statistics about the retail communications concerning cryptocurrencies. The report stated that around 70% of these communications violate FINRA’s rule of misleading claims. This article analyzes the findings from the report and highlights the areas of concern. In November 2022, FINRA launched
It has been an eventful start to the year for Bitcoin, with a flurry of activities and price fluctuations. From the approval of spot Bitcoin ETFs by the SEC to a significant price decrease and selloffs from the Grayscale BTC Trust, the cryptocurrency market has experienced a whirlwind of events. However, amidst these ups and
Cryptocurrency security firm CertiK, known for its expertise in auditing blockchain networks and smart contracts, is grappling with a surge of fraudulent activities. Scammers are exploiting CertiK’s brand and targeting users, deceiving them with false certifications and impersonating company personnel. In this article, we will delve into the challenges faced by CertiK and the measures
Bitcoin, the world’s leading cryptocurrency, has recently experienced a significant surge in price, surpassing the $42,000 mark. This sudden market recovery can be attributed to a multitude of factors, including revelations about the US economy and other key events affecting the cryptocurrency market. The Impact of Economic Indicators One significant event that may have influenced
The chair of the U.S. Commodity Futures Trading Commission (CFTC), Rostin Behnam, recently delivered a speech in Naples, emphasizing the necessity for increased supervision in the cryptocurrency industry. While the approval of Bitcoin ETFs is a positive development, Behnam believes that it does not imply comprehensive regulation. In his address, he highlighted the challenges and