Cardano recently underwent a significant drop in price following the completion of its highly anticipated Chang upgrade. Despite the introduction of key changes such as on-chain voting, Delegate Representatives, enhanced smart contract capabilities, and a new governance structure, the cryptocurrency saw a 2.7% decline in value. At the time of writing, Cardano (ADA) was trading
Bitcoin, the world’s largest cryptocurrency, has recently dropped below $56,000, signaling a continuation of its downward trend. According to Arthur Hayes, co-founder of BitMEX, there is a possibility that Bitcoin could decline further to $50,000. Hayes also expressed concerns about potential steeper losses in altcoins based on current market conditions. Hayes linked his bearish outlook
Bitcoin experienced a significant drop in price from $59,076 to as low as $57,127 during the early Asian trading session, closing the week at $57,565. This downward trajectory is worrisome for investors who are hoping for a bullish reversal in the near future. The volatility in the market is influenced by various factors, including the
The anticipation is palpable in the mobile gaming community as Faraway Games gears up for the launch of their latest creation, Rebel Skies. Promising to blend action, real-time strategy (RTS), and deck building genres into a seamless and immersive experience, Rebel Skies is poised to revolutionize the way mobile games are played. By incorporating elements
Bitcoin (BTC) has faced unexpected challenges this year, contrary to initial predictions of a steady price increase and a robust bull run. The cryptocurrency has seen severe declines, causing its price to fall below the $60,000 mark. This downward trend has raised concerns among analysts, with one crypto analyst warning of a potential crash below
The Ethereum market has recently experienced a shift, with rising exchange reserves indicating a potential new distribution phase. This can be seen through CryptoQuant’s Ethereum Exchange Reserve metric, which tracks the amount of ETH held in exchange wallets. An increase in this metric often suggests that traders are moving their ETH onto exchanges in preparation
US Securities and Exchange Commission (SEC) Commissioner Mark T. Uyeda has highlighted the necessity of developing specialized S-1 registration forms tailored specifically for digital asset securities. During the Korea Blockchain Week 2024 event on Sept. 3, Uyeda emphasized the need for updating the SEC’s regulatory tools to effectively address the unique characteristics of digital assets.
The crypto market has been experiencing a lackluster performance recently, with a significant decline in whale activity across major crypto assets. Recent analysis conducted by Santiment has revealed that both Bitcoin and Ethereum are witnessing noticeable drops in high-value transactions. This decline in whale activity is particularly evident during the period of March 13-19, where
Binance CEO Richard Teng has taken a strong stance against the Nigerian government’s treatment of Tigran Gambaryan, an American executive who has been detained since February. Teng expressed his concerns in a post on X, where he condemned the harsh treatment that Gambaryan has been subjected to. In particular, Teng highlighted a viral video that
The Open Network (TON) and its native token have been facing a rollercoaster ride of challenges lately. Just recently, the price of TON plummeted by more than 90% in a matter of minutes on CoinMarketCap. The graph illustrating this drastic drop showed TON slumping rapidly from $5.2 to about $0.3. This sudden crash, however, was
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