The ultra-bullish prediction of Cardano rising to $38 seems highly unrealistic and speculative. While it is important to have optimism in the cryptocurrency market, it is equally crucial to ground predictions in reality. Making such extravagant claims without concrete evidence or a clear roadmap undermines the credibility of the analyst. The prediction fails to take
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In a recent development, SEC commissioner Hester Peirce put forward an intriguing proposal for a shared digital securities sandbox between the US and the UK on May 29. This proposal aims to expand the existing joint digital securities sandbox (DSS) of the Bank of England and the FCA to include US firms. The idea behind
In the year of meme coin mania, we have witnessed a surge in the launch of meme coins with dubious connections. Lookonchain’s data has shed light on the dangers of trading meme coins, especially those backed by celebrities. The recent example of American celebrity Caitlyn Jenner’s JENNER coin, launched on the Solana blockchain, serves as
One crypto strategist, known as Xanrox, has made a bold prediction about the future of Bitcoin. Despite the recent climb above $70,000, Xanrox warned the crypto community that a decline in the price of Bitcoin may be on the horizon. This prediction comes at a time when the market is still filled with euphoria and
In the fast-paced world of digital assets, SEI NFTs have made a significant impact on artists, gamers, and collectors alike. The SEI Network, powered by its open-source Layer 1 blockchain, has emerged as a key player in the NFT space. The network prides itself on its ability to handle low transaction fees, provide robust security,
The blockchain analysis firm Nansen recently unveiled a rather intriguing discovery – DBS Bank, one of Singapore’s leading banking institutions, has been identified as a cryptocurrency whale. A crypto wallet supposedly owned by DBS Bank holds a staggering 173,753 Ether (ETH), with a current market value of approximately $650 million. Notably, the address in question
The collaboration between the Web3 gaming ecosystem XPLA and Com2uS Group has led to the official launch of XPLA Verse, a layer 2 chain, on the Oasys blockchain. This launch marks the inclusion of popular games from Com2uS, such as “Summoners War: Chronicle” and “The Walking Dead: All-Stars,” into the blockchain gaming world. XPLA Verse
In recent months, Ethereum whales have been making significant moves in the cryptocurrency market. These whales, representing the largest investors in the space, have been actively increasing their holdings of Ethereum. According to a report by Santiment, the on-chain data shows a surge in whale activity, potentially triggered by the SEC’s approval of spot Ethereum
The recent surge in Solana meme coin prices is indicative of the growing interest in meme coins within the crypto market. Dogwifhat (WIF) has seen a significant increase of 27% in value since the beginning of the week, with the potential to retest its 20224 high of $4.80. This spike in WIF’s value is attributed
Senator Cynthia Lummis has been a key figure in advocating for pro-crypto legislation in the United States. Her efforts to educate fellow senators about digital assets have not gone unnoticed. Lummis has been instrumental in establishing a financial innovation caucus and a framework for managing the crypto sector. Her emphasis on Bitcoin as a store