Cardano (ADA) has demonstrated outstanding progress during the fourth quarter (Q4) of 2023, exceeding its rivals and exhibiting impressive growth in key metrics, as per a recent Messari report. The report reveals that ADA’s revenue in USD surged by 66.7% quarter-over-quarter (QoQ), not just due to ADA’s price movement but also a 10.6% QoQ growth
Gains
In a recent testimony to Congress, Undersecretary for Terrorism and Financial Intelligence at the US Department of the Treasury, Brian Nelson, challenged widely held beliefs about the role of cryptocurrencies in funding terrorist activities. Nelson’s insights during the House Financial Services Committee hearing painted a picture starkly different from previous reports, particularly concerning the involvement
Recently, Ethereum has been experiencing a surge in its market price, reaching a one-month high and indicating a growing demand for the digital asset. In the midst of this upward trend, Lookonchain, an on-chain analytics platform, uncovered an intriguing strategy employed by an Ethereum whale. This unidentified whale has been actively increasing their Ethereum holdings
Tuur Demeester, a well-known Bitcoin researcher, recently shared his optimistic stance on Bitcoin’s future price potential. Anticipating a significant surge in Bitcoin’s valuation, he predicted that the cryptocurrency could reach anywhere between $200,000 and $600,000 by the year 2026. This bullish projection is based on the massive influx of trillions of dollars into the global
Coinbase recently made headlines after lifting the freeze on Debt Box’s assets, following the discovery of discrepancies in the Securities and Exchange Commission’s (SEC) case against the firm. In a scathing social media post on X (formerly Twitter), Coinbase’s chief legal officer, Paul Grewal, criticized the SEC’s handling of the temporary restraining order (TRO) against
Gary Gensler, the chair of the U.S. Securities and Exchange Commission (SEC), recently addressed lawmakers regarding a breach of the SEC’s X account. This breach occurred on Jan. 9 when an unknown actor performed a SIM swap attack on the SEC’s X account and published a false message claiming that the SEC had approved several
Charles Hoskinson, the co-founder of Cardano, recently shared his thoughts on the state of the crypto industry and the future of the Cardano network. He likened Cardano to the “Taylor Swift of Blockchains,” highlighting the network’s unique position and approach in the industry. According to him, Cardano has been “doing everything right” from the beginning,
2022 was a turbulent year for Bitcoin, but industry experts are optimistic about a potential resurgence in 2024. One of the key factors driving this positive sentiment is the highly anticipated Bitcoin halving event scheduled for April 2024. This event, occurring every four years, reduces the block reward for miners by half, leading to a
Elon Musk has recently been summoned to testify in a US Securities and Exchange Commission (SEC) inquiry regarding his acquisition of the social media platform Twitter, now known as X. The court filing reveals that Judge Laurel Beeler has upheld the SEC’s authority in this matter, confirming that the subpoena serves the purpose of gathering
Bitcoin has continued its upward trend this week, reaching a new monthly peak of $48,600. After a period of stability following last week’s volatility, the bulls took over the market and pushed the price above $47,000 by the end of the week. The weekend saw even more positive movement, with Bitcoin surging to $48,600 for