In the midst of a broader cryptocurrency market resurgence, Cardano (ADA) finds itself in a precarious position, failing to match the upward momentum of its peers. Currently occupying the tenth spot in the global cryptocurrency rankings with a market capitalization of $11.63 billion, ADA’s performance has raised eyebrows among market
The cryptocurrency market is reeling from significant declines in major assets, with Bitcoin (BTC) and XRP experiencing notable losses, positioning the emerging project DigiHorse (DIGI) in a favorable light. Bitcoin (BTC) and XRP Price Crash Recently, Bitcoin’s price tanked by over 15% to $49,121, one of its lowest prices in
$4WIN, the innovative PolitiFi memecoin on Solana blockchain dedicated to supporting President Donald J. Trump and his campaign for the 47th presidency, has recently grabbed attention with a significant milestone in its market capitalization hitting $8m market cap days within official launch. This sudden surge has sparked discussions among crypto
The UK’s financial watchdog, the Financial Conduct Authority (FCA), has issued fresh guidelines for cryptocurrency companies that promote cryptocurrency services. In October 2023, the FCA implemented laws regarding the marketing of cryptocurrencies and has since been assisting the sector in meeting these requirements. The authority looked at how businesses were
Polkadot (DOT) finds itself at a critical juncture following a tumultuous week in the cryptocurrency markets. The digital asset’s value has seen a major erosion, plummeting over 10% in just seven days. This downward spiral culminated in DOT briefly trading below the psychologically important $5 threshold, a level not seen
Following stretches of selling, Cathie Wood of Ark Invest has increased her stock purchases of Coinbase (COIN) and Robinhood (HOOD). As investors pay more attention to market fluctuations, the asset manager keeps changing its holdings. Following the prior slump caused by macroeconomic issues, the cryptocurrency market has regained momentum. In
The Bank of Japan (BOJ) confirmed today that they will not raise interest rates amid turbulent financial and capital markets. Deputy Governor of BOJ, Shinichi Uchida stated the need of maintaining monetary easing with the current policy interest rate in a meeting in Japan. The Japanese yen continued its losses
Jump Trading, a prominent crypto trading firm, has made headlines again by cashing out $116.7 million worth of Ethereum (ETH) just 11 hours ago. This move follows a significant sell-off that began on July 24, during which the firm withdrew $611.78 million USDC from Binance and deposited $558.2 million USDC
The percentage of supply staked ETH hit a record high of 27.95%. This follows a little decline two weeks earlier, on July 21, when it fell from 27.58% to 26.82%—a decline of 0.76%. Not only has it recovered since then, but it has also exceeded its prior records. Significantly, there
The cryptocurrency market experienced a significant downturn yesterday, dropping below the $49.5K mark and hitting a six-month low. Despite the slump, wallets holding between 1,000 and 10,000 BTC displayed confidence by consistently increasing their holdings as prices fell. Conversely, wallets with less than 1 BTC demonstrated weak hands, showing the
