Over the last month, the price of Cardano (ADA) has dropped noticeably, and key indicators suggest that this downward trend may persist for the coming weeks. The decrease in value has caused the number of Cardano investors seeing a profit to plummet, as shown by on-site statistics. Specifically, data from IntoTheBlock’s “In the Money/Out of … Read more
As the Bitcoin Halving draws near, there’s growing optimism among investors about Bitcoin’s potential price increase. This anticipation has led investors to accumulate Bitcoin-linked investments. An example of these investments is a Bitcoin Leveraged Exchange-Traded Fund (ETF). Bitcoin Leveraged ETFs Gain Traction Based on Forbes’ report, Volatility Shares, an ETF provider from Palm Beach Gardens, … Read more
In a conversation with Eleanor Terrett from FOX Business, Caitlin Long, the CEO of Custodia Bank, discussed how the court’s ruling against the Federal Reserve is hindering technological advancement in the industry at large. Caitlin Long on the Federal Reserve Win To provide some context for the situation, Custodia Bank previously sought oversight from the … Read more
Lucie, the marketing representative for Shiba Inu‘s official team, expressed her strong optimism and commitment to the objectives of Shibarium in a bullish tweet. Lucie guarantees the Shiba Inu community that the team is committed to putting in their maximum effort for Shibarium’s success in the crypto market. “Shibarium to reach top no matter who … Read more
Charles Hoskinson, Cardano‘s co-founder, drew an comparison between the current crypto market and the historical tax-induced sell-offs in the United States, as expressed in a social media post on X (previously known as Twitter). Annual tax deadlines prompt a significant selling of assets on April 15th. Following this, the IRS (referred to as Ivan the … Read more
The SEC, which is the securities regulatory body in the United States, has given Uniswap Labs a warning sign called a Wells notice. This notice suggests that the SEC might take enforcement action against the company. This development has sparked intense discussion among cryptocurrency enthusiasts, focusing on the SEC’s historical stance regarding similar cases. In … Read more
On Friday, Bitcoin‘s price took a dip, causing it to drop from $71,310 to $65,370. Currently, the price is rebounding, but there’s a chance it may continue decreasing. It’s possible that Bitcoin’s price momentum is weakening and could be leading to a decline. Currently, Bitcoin’s cost was 0.9% higher than when this text was penned, … Read more
As the date for Bitcoin‘s (BTC) fourth halving draws nearer, scheduled for April 19, 2024, miners are expressing growing unease. During this event, mining rewards will decrease from 6.25 BTC to 3.125 BTC per block. The founder of Capriole Investments, Charles Edwards, underlines the potential risks. Miners with outdated or less efficient equipment may struggle … Read more
During the ongoing market consolidation, the price of TRON coin was unable to stay above the $0.123 mark. The increased supply pushing against this resistance formed a new high point, indicating a potential shift from “buy on dips” to “sell on rallies” mentality among traders. Consequently, the TRX price experienced a 1.8% decrease and approached … Read more
The market value of most meme coins on prominent blockchains, including those in the top 100 cryptocurrencies, has significantly decreased. For instance, the ecosystem surrounding Solana’s meme coins was negatively impacted, with some experiencing a 25% loss in value overnight. Solana (SOL) meme coins in red; MEW, MYRO, BONK affected Yesterday, the group of meme … Read more