28 Virtual Digital Assets (VDA) or crypto service providers have registered themselves with India’s Financial Intelligence Unit (FIU). The move was disclosed by the Minister of State for Finance, Pankaj Chaudhary, in a written reply to the Parliament’s lower House on Monday. This move comes in the wake of a
December 4, 2023 2 mins read
The recent double-digit Bitcoin price spike has lifted sentiment across cryptocurrencies, with altcoin transactions and values rising in tandem. Shibarium, the layer-2 scaling solution of meme token Shiba Inu, has tracked closely with the broader resurgence. Data from monitoring resource Shibarium Scan reveals the protocol handled a staggering 7.84 million
December 4, 2023 2 mins read
The sale of 3,150 Ethereum worth over $6.37 million by a crypto whale is sparking debate on whether investors should take profits after the token’s recent rally. The heavy transaction comes as Ethereum hovers below a technical resistance level that has repeatedly triggered sell-offs historically. According to on-chain data, the
November 30, 2023 2 mins read
In a recent video, Charles Hoskinson, founder of IOG and the Cardano blockchain, shared his perspective on why Satoshi Nakamoto, the pseudonymous creator of Bitcoin, chose to remain anonymous. Hoskinson also revealed details about Bitcoin’s first years, when mining and control were initially centralized. The video expands on Hoskinson’s previous
November 30, 2023 2 mins read
Over the past two weeks, Polygon’s native MATIC token has shown intriguing signals of significant buyer accumulation despite ranging prices. For seasoned crypto investors, such early signs often foreshadow major volatility swings. MATIC has traded sideways in a relatively narrow band since its unexpected 21% single-day drop seen earlier this
November 29, 2023 2 mins read
Dogecoin’s original meme cryptocurrency had its transaction count reach fresh all-time highs this week, even as its price remains constrained below the $0.087 level. According to developer Mishaboar, Dogecoin’s daily transaction volume recently topped 1.5 million transfers over a 24-hour span. That figure builds on the over 1 million transactions
November 29, 2023 2 mins read
Just days after Shibarium, the Layer 2 scaling solution of the Shiba Inu ecosystem, recorded an all-time high in transactions, that figure has now plunged by nearly 65%. According to data tracked by monitoring resource Shibarium Scan, total transactions hit 43,690 on November 24th, up markedly from 29,280 the prior
November 28, 2023 2 mins read
Cardano’s ADA token has witnessed growing volatility in recent days, with mixed signals emerging across varying timeframes that leave traders uncertain about the next major price move. Currently ranked as the 8th-largest cryptocurrency by market capitalization, ADA fell nearly 3% on Wednesday to $0.3735 amid broader declines across the crypto
November 28, 2023 2 mins read
The price of Cardano’s ADA token has entered a period of consolidation over the past day, sliding 2.87% to $0.3806 at press time. This price level represents a crucial support zone, according to market analysts, who believe further upside could still be in store for the fifth-largest cryptocurrency by market
November 27, 2023 2 mins read
Over $120 million worth of Solana’s SOL token changed hands across three hefty transactions executed by anonymous whale accounts over the past 24 hours. Cryptocurrency transaction tracker Whale Alert picked up the on-chain activity, which arrived as the blockchain’s native crypto asset trades down from its recent record highs. The
November 27, 2023 2 mins read