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
Cryptocurrency
A recent letter from a group of Democrat politicians has urged the Democratic National Committee (DNC) to reconsider its stance on cryptocurrency and blockchain technology. The letter emphasizes the importance of taking a “forward-looking approach” to these digital assets, highlighting their potential for American innovation, economic growth, and financial inclusion. The Democrats express concern over
Marathon Digital, a leading Bitcoin mining company, has made a bold move by investing a substantial $100 million in BTC. This recent investment highlights the company’s confidence in the long-term potential of Bitcoin, despite previous price fluctuations in the market. The press release published by MARA (formerly known as Marathon Digital) announced the purchase of
The cryptocurrency industry has seen significant developments in 2024, with a particular focus on Ethereum and the approval of exchange-traded funds (ETFs) by the US Securities and Exchange Commission. While these events have brought validation to Ethereum, the actual trading performance of the newly launched ETFs has been underwhelming. The approval of Ethereum ETFs earlier
Semilore Faleti’s journey in the cryptocurrency world began with a broad spectrum of writing skills that eventually led him to specialize in journalism and content creation within the blockchain and cryptocurrency space. While he initially dabbled in writing on various topics, it was his natural ability to unravel the complexities of this intriguing world that
Jan van Eck, the CEO of the investment management company VanEck, recently shared his thoughts on Bitcoin’s potential during the BTC Conference in the United States. He emphasized that over 30% of his portfolio is allocated to the primary digital asset, showcasing his strong belief in its future. VanEck is known for launching spot Bitcoin
Following the launch of the Spot Ethereum ETFs, the price of Ethereum (ETH) has faced unexpected challenges, contradicting the initial excitement surrounding the event. Despite the anticipation for investors to gain exposure to ETH without directly purchasing the token, the market response has been lackluster. Since the trading of Spot Ethereum ETFs commenced on July
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,
Robert Kennedy Jr., during the industry day of the annual Bitcoin conference in Nashville, Tennessee, presented a bold financial policy plan that aims to position the United States as the largest holder of Bitcoin globally. His strategy involves acquiring Bitcoin worth $619 billion to match the current US gold reserves, with the goal of reforming
A recent prediction by a crypto analyst suggests that Bitcoin (BTC) could potentially reach an unprecedented high of $263,000. This forecast is based on the observation of a technical pattern called the “Cup with Handle chart pattern.” According to the analyst, for Bitcoin to achieve this bullish surge, it will need to break above the