Search Results for: cardano

Global Cryptocurrency Market Report 2023: Sector is Expected to Reach $13.18 Billion by 2030 at a CAGR of 12.5% – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “Global Cryptocurrency Market Size, Share, Growth Analysis, By Type, By Process, By Application – Industry Forecast 2022-2028” report has been added to ResearchAndMarkets.com’s offering. The global cryptocurrency market size was valued at USD 4.06 billion in 2021 and is poised to grow from USD 4.57 billion in 2022

June 15, 2023 3 mins read

U.S. House Committee Pushes for Clear Rules on Digital Assets

In an ongoing motion, the House Financial Services Committee has called upon Congress to establish a consistent and clear regulatory framework for digital assets, emphasizing the need for regulatory certainty in the ever-evolving landscape. The motion highlights the jurisdictional challenges between the Securities and Exchange Commission (SEC) and the Commodity

June 14, 2023 3 mins read

Google Bard Price Analysis for Tradecurve, Litecoin, and Bitcoin

Keeping an eye out for price analysis, and predictions can help investors get valuable insights and can even aid in their decision-making process. Many of them have, as a result, turned to the AI-powered chatbot known as Google Bard to see how some of the most notable cryptocurrencies will perform,

June 13, 2023 4 mins read

A Crypto Twitter's Tsunami: A Stormy Week Reshaping the Industry

eToro Suspends Several Crypto Purchases in U.S Post SEC Ruling

Algorand (ALGO), Decentraland (MANA), Polygon (MATIC), and Dash (DASH) purchases on the retail trading platform eToro have been temporarily disabled for customers located in the United States as a result of a recent lawsuit from the Securities and Exchange Commission (SEC) designating these tokens as securities. A few days before,

June 13, 2023 2 mins read

Reddit Communities Temporarily Go Private in Protest Against API Fees

As a form of protest against Reddit’s contentious charges against developers of third-party applications, some communities, including major crypto subreddits, have opted to go private for 48 hours. Five of the top 10 communities on the site, with memberships of more than 30 million people each (r/gaming, r/aww, r/Music, r/todayilearned,

June 12, 2023 2 mins read

Ethereum Whale’s Big Move: A Hint for Investors?

In the last 24 hours, there have been reports indicating that a significant amount, equivalent to 25,000 stETH or approximately $43 million, was deposited by a whale into the Aave platform. Additionally, during the same period, borrowed a substantial amount of 35 million USDT from Aave. Furthermore, according to the latest

June 12, 2023 2 mins read

SOL Price Analysis: SOL Ascending Channel Breakout Shows Potential Bullish Rally Ahead

Solana Foundation Dismisses U.S SEC’s Claim of SOL Being a Security

After being silent for some time, the Solana Foundation has commented on the SEC’s recent decision to classify Solana (SOL) and other cryptocurrencies as securities. The company expressed its disagreement with the market regulator in a recent post it tweeted. The Solana Foundation issued a statement saying it appreciates lawmakers’

June 11, 2023 1 min read

Is Solana (SOL) Dipping to the Bottom in the Crypto Market?

As June 2023 has started out with a bear market, it just keeps on continuing with the same. However, the blockchain platform named Solana (SOL) had remarked an utter loss over a month of analysis. According to CoinMarketCap, SOL is pricing at $15.79 with a 25.23% decrease over the last

June 11, 2023 2 mins read

A suspected exit fraud has investors of the Yearn.Finance governance token YFI on edge. There was a decline of nearly $300 million in market capitalization, according to statistics from CoinMarketCap, as the price of YFI plummeted dramatically. The YFI token dropped from $15,570 to $8,654 within a short duration. The token, despite this, is up 101% in the last 30 days. Another weekend of FUD in the crypto world has been provoked by the sell-off. Some Twitter users have speculated that the creators themselves hold 10 wallets containing half of the total token supply. Etherscan data, however, suggests that a subset of these holders are likely just wallets at cryptocurrency exchanges. Substantial YFI Transferred Lookonchain, a blockchain data analytics startup, has released some analysis on the YFI price drop. One "0x48f9" address was revealed to have transferred millions of dollars across several trading platforms. The address sent about 446 YFI, valued around $5.8 million, in ETH to several exchange addresses. According to data provided by Intotheblock, the monthly rate of whale outflow is lower than the monthly rate of whale inflow. There was a 158% rise in the large holder's inflow over the previous month, while the large holder's outflow was 105%. An automated trading solution for decentralized financial (DeFi) markets is provided by the Yearn.Finance protocol. Andre Cronje, an entrepreneur and Ethereum developer, released the protocol in July of 2020. According to CoinMarketCap, YFI is trading at $9743, down 37% in the last 24 hours at the time of writing. Moreover, the trading volume is up 29.57%. Highlighted Crypto News Today: XRP Faces Selling Pressure as Market Momentum Takes a Downturn

Altcoins Depict Red Blood: Crypto Market in Bloodshed Right Now

The cryptocurrency market is in turmoil, with a significant 7% drop pushing it below the $1 trillion threshold. It’s a real massacre, partly precipitated by Securities and Exchange Commission (SEC) measures. Amid this turmoil, Bitcoin, the reigning champion, dropped 3.75% to $25,500. while Ethereum, the runner-up, plummeted 6.9% to nearly

June 11, 2023 2 mins read

BREAKING: ADA, SOL, MATIC, SHIB, DOGE Drop to Shocking Lows

The global cryptocurrency market dropped 5% over the last 24 hours, displaying the wild crashes of altcoins. Among them, Cardano (ADA), Solana (SOL), and Polygon (MATIC) recorded alarming price drops. Memecoins — Shiba Inu (SHIB) and Dogecoin (DOGE) — were also spotted on the list of cryptocurrencies that displayed startling

June 10, 2023 3 mins read