As the cryptocurrency industry continues to grow and evolve, there is a pressing need for clear and concise regulations to guide companies in the space. Pro-Bitcoin Democrat House Representative and lawyer Ro Khanna recently expressed his expectations for the Biden administration to release a crypto regulation roadmap in the coming weeks. These expectations stem from
Cardano
Ethereum has emerged as the frontrunner in the cryptocurrency market, reaping the benefits of the recent market downturn. Investors have seized the opportunity presented by the price weakness, resulting in a substantial inflow of $155 million over the past week. This surge in investment has propelled Ethereum’s year-to-date total inflows to an impressive $862 million,
Santiment, the cryptocurrency market intelligence platform, recently unveiled the top 10 digital assets with the most notable development activity over the last 30 days. Leading the list is Internet Computer (ICP), with an overall score of 570.1. ICP is the second-largest digital asset in the Artificial Intelligence (AI) realm, boasting a market capitalization of nearly
The recent crypto market crash triggered by the decline of Bitcoin has had a significant impact on altcoins like Cardano. While some may view this as a negative turn of events, others, such as crypto analyst Alan Santana, see it as an opportunity to purchase Cardano at a lower price. Santana’s analysis emphasizes a bullish
Cardano’s evolution is organized into distinct phases called “eras,” each named after notable figures in various fields. These eras serve as milestones for introducing new functionalities through hard forks. The roadmap includes Byron, Shelley, Goguen, Basho, and now Voltaire, with each era bringing unique characteristics to the platform. The upcoming Chang hard fork marks the
In a period marked by a deep plunge in the overall crypto market, Cardano (ADA) has managed to stand out with its resilience and growth in on-chain activity. Despite the global crypto market cap falling to $2.5 trillion from $2.7 trillion in May, Cardano has shown notable progress. The Cardano foundation reports an increase in
Cardano (ADA) is making waves in the cryptocurrency market as it competes with Ethereum in terms of large transaction volume. The recent surge in transaction volume indicates a wave of accumulation among ADA’s large holders. Data from market intelligence platforms like IntoTheBlock and Santiment show that Cardano whales have been actively adding to their positions,
As the world stock markets experience turmoil, the cryptocurrency market has not been spared from the volatility. Ethereum, one of the leading cryptocurrencies, faced a 3% loss this week. The price of Ethereum plummeted below the $3,300 mark, with buyers struggling to reclaim this significant support level. Currently, the support has shifted to $2,800, and
Cardano’s ADA is currently facing a potential trend reversal as it forms an inverted hammer on its weekly chart. This pattern typically indicates a shift from bearish to bullish sentiment, with buying pressure overcoming initial selling. However, confirmation is crucial, and ADA’s technical indicators present a mixed picture. The Average Directional Index (ADX) is currently
Cardano (ADA) has recently experienced a significant surge in Exchange Traded Product (ETP) inflows, with a staggering 300% increase in capital coming from institutional investors. This unexpected influx of funds has sparked optimism among market participants, potentially setting the stage for a bullish trend as the Chang hard fork approaches. According to a report from