Cardano (ADA) has been making waves in the cryptocurrency market, recording a significant 20.29% price increase over the past seven days. This surge is in line with the current green movement seen in most cryptocurrencies, with ADA trading volume spiking since it hit a low of $0.335 on July 8. The impressive price performance of
Bitcoin’s price has been fluctuating between $54,000 and $60,000 over the last seven days, sparking discussions and predictions about its future trajectory. With key factors such as the launch of Ethereum ETFs and Germany’s Bitcoin sales, analysts are divided on whether the cryptocurrency will see a surge or a drop in its value. Some analysts,
Stablecoins have been steadily gaining traction in the market, with a shift in dominance among the top players. While Tether’s USDT has historically been the frontrunner in the stablecoin space, recent data indicates a decline in its market share. In 2024, USDT’s market share on centralized exchanges dropped from 82% to 74%, as reported by
The recent decline in the Bitcoin price has investors worried as it dropped back toward the $56,000 level after a brief pump triggered by CPI data release on Thursday. Despite the desperate attempts from bulls to keep the price up, the bearish trend has continued. One crypto analyst, who goes by the pseudonym ‘Luca VIP’
Elon Musk, the CTO and chairman of X, made allegations against the European Commission, stating that they offered an “illegal secret deal” to the social media platform. Musk claimed that the deal involved censoring speech without disclosing it to the public in order to avoid being fined in the EU. He mentioned that other platforms
Germany’s on-chain Bitcoin wallet balance has officially reached zero, as reported by Arkham Intelligence. This milestone marks the end of a bearish narrative that has been looming over the crypto market for weeks. The latest outflows from the wallet indicate that the sell pressure from the European economic powerhouse is likely coming to an end.
The Securities and Exchange Commission (SEC) has recently announced the closure of its investigation into Hiro and the Stacks blockchain without recommending any enforcement action. This marks the end of a significant chapter in the history of the Bitcoin Layer-2 network. The investigation, which began more than three years ago, was initiated following the first-ever
During a hearing on July 11, Judge Katherine Polk Failla expressed doubts about Coinbase’s attempts to subpoena SEC Chair Gary Gensler in the ongoing case against the cryptocurrency exchange. The hearing highlighted Coinbase’s persistent efforts to obtain Gensler’s communications, including statements made before he assumed the role of SEC Chair in 2021. Judge Failla seemed
In a recent development, the Securities and Exchange Commission (SEC) has officially closed its investigation into Hiro Systems and the Stacks blockchain without recommending any enforcement action. This investigation, which spanned over three years, has been a significant chapter in the history of the Bitcoin Layer-2 network. The investigation was initiated following the first-ever SEC-qualified
Ethereum’s price has recently experienced a decline after facing rejection at the $4,000 resistance level for the second time. The daily chart reflects a pattern of lower highs and lows since failing to break through the $4,000 level. Additionally, the market has broken below the 200-day moving average, hovering around the $3,100 mark. Currently, the