The recent drop in the Cardano (ADA) price below the $0.7 psychological level has left many investors wondering about the reasons behind it. The crypto token experienced a significant correction from its peak of $0.8 in mid-March and has struggled to regain its momentum since then. Data from the crypto analytics platform Santiment reveals that
Trading
The Illuvium blockchain gaming series has created a buzz in the gaming community, with the announcement of its Beta 4 testing schedule. The highly anticipated Private Beta 4 is set to kick off on April 30th, 2024, offering selected players a sneak peek into the game’s complete loop on the Testnet. During the Private Beta
The cryptocurrency market has seen a significant surge in meme coins, with popular tokens like DogWifHat (WIF) and Dogecoin (DOGE) experiencing substantial gains. Over the last week, DogWifHat has shot up by an impressive 42%, while Dogecoin has surged by 37%. These meme coins have outperformed other leading cryptocurrencies like Bitcoin and Ethereum, which have
The recent allegations against major cryptocurrency exchange KuCoin and its founders for failing to implement anti-money laundering (AML) and know-your-customer (KYC) procedures have sparked controversy within the crypto community. This article will delve into the details of the accusations, the implications for KuCoin and its founders, as well as the impact on the cryptocurrency market.
Recent US criminal charges against KuCoin have raised concerns about the exchange’s operational stability. However, CEO Johnny Lyu has reassured users that their funds are safe and that the platform will continue to function without any disruptions. Despite facing allegations of flouting anti-money laundering laws, KuCoin remains confident in its ability to provide a secure
As a cryptocurrency enthusiast, Rekt Capital has pointed out a compelling similarity between the recent Bitcoin pre-halving retrace and the one that occurred in 2020. This observation comes at a time when Bitcoin has shown momentum in its price, surging above $70,000 after a period of decline. According to Rekt Capital, the current pullback may
Ark Invest has recently made a significant move by selling 74,291 Coinbase shares, valued at $20.8 million, across three exchange-traded funds. This decision follows their previous sale of over $100 million worth of Coinbase shares last week when the price of COIN reached new yearly highs. The firm sold shares from its Innovation ETF (ARKK),
CommEX, a prominent crypto exchange that had taken over Binance’s operations in Russia, shocked the industry when it announced its decision to wind down operations in the country. This move comes on the heels of Binance’s own exit from Russia in September 2023, citing a one-year timeline for the process to be completed. In a
In the latest surge of the SOLANA meme coin pump, a new token called ‘SOLGraph’ has gained immense popularity recently. The token is unique in the meme coin trend as it offers actual utility, serving as the settlement layer for a new SocialFi project on the Google App-store. Currently, SOLGraph is trading at $1.00, with
Recently, Binance announced that it would be ending support for Tron network-based USD Coin (USDC) stablecoins by April 5. This decision comes after Circle, the company behind USDC, decided to pull out of the Tron blockchain entirely. This news means that Binance users now have less than two weeks to withdraw their assets or convert