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Cardano’s creator Charles Hoskinson has addressed speculation that the Djed stablecoin may be phased out. In a recent post on twitter, he announced that Djed is not only staying put, but will also be undergoing a major revamp that will give this overcollateralized stablecoin a second chance at success. And
Ongoing legal battles involving Ripple and Coinbase may provide crucial clarity on whether cryptocurrencies should be deemed securities under the Howey test, according to crypto lawyer John Deaton. The outcomes could have profound impacts on SEC regulation. Deaton argues that no case in the past 80 years has found a
CEO and founder András Kristof believes as people become more educated about NFTs, the focus will be on utilities. The inventor of Tembusu Terminals (first Bitcoin ATMs) in Singapore says he’s spent the last two years building a post-hype utility NFT platform. Although, founder András Kristof is gratified to see
Solana (SOL) has lately made ripples in the crypto market by rising to the $31 level, attracting the attention of the community. This result is evidence of the SOL market’s optimistic sentiment’s strength. However, at the time of writing, SOL has witnessed brief retracement. In only 10 months, the price
A popular cryptocurrency trader is pointing to the potential for a breakout rally in the battered Cardano token ADA. But he cautions that more downsides could still be ahead. In a recent tweet, trader Gareth Soloway highlighted a bullish chart pattern developing for ADA. The token appears to be forming
The remarkable developments in the SEC v. Ripple litigation have prompted financial analyst and Wall Street expert Linda P. Jones to proclaim that Ripple is not merely open to discussion, but is determining the parameters of it. This claim follows a string of findings in Ripple’s favor and confirms what
In a nod to the Uptober tradition, Solana (SOL) has witnessed a substantial resurgence, with its price making a notable rebound from the $26 threshold. Today, SOL has soared by an additional 7%, hitting a three-month high at $28.13. This significant performance continues to set Solana apart from the rest
Bitcoin’s rise over $29k has given altcoins substantial optimistic traction, allowing them to quickly regain lost ground. The SOL price makes a strong increase over the key $25 resistance level, signaling the start of a breakout rally amid the general market upswing. Solana (SOL) soared early Friday morning, breaking above
In a significant turn of events, XRP, the cryptocurrency associated with Ripple, experienced a significant surge in value, climbing over 9% early on Friday, reaching $0.529. This surge followed the U.S. Securities and Exchange Commission’s (SEC) decision to dismiss the lawsuit against Ripple executives, including CEO Brad Garlinghouse and Executive
Coinbase stated yesterday that it has been granted permission to provide perpetual futures trading in a number of cryptocurrencies, including XRP. The move indicates rising institutional interest in trading and speculating on several cryptocurrencies, including of XRP’s price volatility. However the exchange has been evasive about which nations would have
