The US Securities and Exchange Commission (SEC) has recently announced its plans to amend its original complaint against Binance. This move could potentially eliminate the necessity for the court to make a decision on tokens that were previously deemed as securities. The joint filing, which occurred on July 30th, comes at a time when there
Cardano
The U.S. Securities and Exchange Commission (SEC) has made a significant decision to pause its allegations that Solana (SOL), Cardano (ADA), and Polygon (MATIC) are unregistered securities in the ongoing lawsuit against Binance. This move comes after the SEC filed a joint status report in the U.S. District Court for the District of Columbia, stating
The Cardano ecosystem is on the brink of a major update with the upcoming Chang hard fork. This crucial moment is preceded by a recent upgrade of its node validation software, setting the stage for a significant milestone in Cardano’s development. The network is currently experiencing a surge in activity as it prepares for the
This past week saw the launch of several Ethereum ETFs, a significant event in the world of cryptocurrency. However, despite this milestone, Ethereum’s price took a hit, dropping by over 10%. The support level at $3,300 flipped into a resistance, signaling a bearish sentiment in the market. If buyers fail to reclaim this level soon,
Cardano (ADA) has been facing a noticeable decrease in value over the past week, especially with the recent drop below the $0.41 mark. This decline is not isolated to ADA alone, as many other altcoins have also been reacting negatively to the significant decrease in Ethereum’s price within the last 24 hours. The recent downtrend
The investment in digital asset products has been on the rise, with inflows reaching $1.35 billion last week alone. This surge has contributed to a total of $3.2 billion in inflows over the past three weeks, indicating a growing interest in the digital asset market. Shift in Investor Sentiment The latest edition of CoinShares’ Digital
In the midst of a crypto market recovery, Cardano holders find themselves in a precarious position. Data from IntoTheBlock reveals that Cardano is currently the worst performer in terms of profitability among the top 10 largest cryptocurrencies by market cap. This disappointing performance has left many long-term believers and investors in despair, as the profitability
Ethereum showed a promising recovery this week, with a 12% price increase. The market rally allowed ETH to establish $3,300 as a key support level, setting a new base for further growth. The next target for buyers is $4,000, which also serves as a key resistance level. Optimism is returning to the market, with potential
Crypto exchange OKX has recently selected Malta as its Market in Crypto-Assets (MiCA) hub in order to cater to the 450 million residents of the European Union. By making this strategic move, OKX aims to provide services that are compliant with local wregulations, while also ensuring seamless connectivity for deposits and withdrawals to local bank
Cardano, once considered one of the largest cryptocurrencies in the market, has been facing significant challenges in recent months. This is evident from the substantial drop in its market cap, plummeting from over $90 billion in 2021 to a mere $15.9 billion as of Wednesday. The number of monthly developer commits has also dwindled, showcasing