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Crypto enthusiasts point to Lido DAO (LDO) as one of the best altcoins to buy today based on its amazing market performance. Meanwhile, multiple experts have embraced Algotech (ALGT) as the best new crypto to invest in while ALGT is still in the public presale phase. Let’s take a closer look at the facts and …
In the wake of upcoming elections, El Salvador under President Nayib Bukele’s leadership, is set to continue its pioneering journey with Bitcoin as legal tender. This decision comes despite the International Monetary Fund’s (IMF) suggestion to reconsider the cryptocurrency’s status amidst financial negotiations. Vice President Felix Ulloa has confirmed the nation’s unwavering support for Bitcoin, …
Binance, a global leader in cryptocurrency exchange, has launched the $MANTA token on its Simple Earn Locked Products. This development marks an exciting phase for both Binance and Manta Network, particularly as Manta Pacific, Manta Network’s Layer 2 modular blockchain, has recently seen its Total Value Locked (TVL) surpass $800 million. Manta Network Growth Manta …
Contrary to the bearish sentiment in the cryptocurrency market, Manta Network’s MANTA and Ondo Finance’s ONDO have registered impressive gains. MANTA experienced an 8.39% rise, reaching $2.50, while ONDO saw a 58.48% increase over the past week, touching $0.30 at one point. These surges come amidst significant trading activity and strategic updates from the respective …
Cardano (ADA), a blockchain platform known for its unique proof-of-stake mechanism, is making waves in the crypto community. An expert analyst recently shed light on ADA’s price movements, suggesting a potential upswing that could see its value soar. Cardano’s Historical Price Movements Drawing parallels to its historical performance, particularly the trends observed in late 2020, …
In the last 24 hours, the price of Celestia’s TIA/USD has experienced a notable decline, dropping by 5.74% to reach $18.27. This downturn stands in contrast to the positive trend observed in the preceding week, during which the cryptocurrency recorded an impressive 28.0% gain, surging from $14.3 to its present value. Celestia price chart reveals …
In a cautionary move amid the impending approval of a spot Bitcoin ETF, the United States Securities and Exchange Commission (SEC) has issued a warning against succumbing to the Fear of Missing Out (FOMO) when it comes to cryptocurrency investments. In a recent tweet SEC’s Investor Education emphasize the pitfalls of making investment decisions merely …
In response to a circular issued against a fraudulent company that was misusing the Binance brand, the Nigerian Securities and Exchange Commission (SEC) has cautioned local investors against the utilization of Binance, a major crypto exchange globally. The US Securities and Exchange Commission (SEC) cautioned people from investing with Binance on July 28, since the …
During the second quarter, Ripple reported an increase of approximately 45 million to its total XRP holdings. This movement was accompanied by a decision made by Ripple to erase information regarding its XRP transactions from its quarterly reports. This change was triggered by the lawsuit filed by the U.S. Securities and Exchange Commission (SEC) towards …
Robinhood, a widely used trading platform, has taken the surprising step of declaring the discontinuation of its support for Cardano, Polygon, and Solana effective June 27, 2023. This decision comes as a response to lawsuits filed by the SEC against Binance and Coinbase, alleging their noncompliance with securities laws in relation to these specific tokens. …
The US Securities and Exchange Commission (SEC) has recently categorized certain tokens, including Cardano (ADA) and Solana (SOL), as securities. This regulatory move holds considerable significance within the crypto industry, as the “security” label possesses the potential to impede the liquidity and value of a token. Price Plunges in the Wake of SEC Announcement Immediately …
After a successful launch of its popular iOS app, Live Coin Watch is thrilled to unveil its mobile app for Android, now available for free on Google Play. The native app is designed to cater to the requirements of both proficient and novice cryptocurrency enthusiasts by offering a comprehensive range of advanced features that are …
In the past 24 hours, a prominent Shiba Inu whale bought SHIB tokens worth more than $1.55 million in three separate transactions. This purchase coincided with a significant token burn by the SHIB community, which saw over 2 million SHIB tokens sent to the dead wallet during the same timeframe. Despite the token burning, the …
DappRadar’s report reveals the NFT market generated $4.7 billion in sales in Q1 2023. Gaming-related NFTs accounted for 70% of the total NFT sales. The mainstream adoption of blockchain technology and celebrity endorsements have contributed to the growth of the NFT market. OpenSea accounted for 85% of the total NFT sales in Q1 2023. The …
Pleasantly for XRP enthusiasts the coin has made quite a recovery after a bearish February. XRP has been able to gain by value 23.6% during the month to date. Having entered the month of March with the price level of $0.37, XRP hit the high of $0.49 on March 21st, the highest level since November …
Ripple, a fintech firm, has announced its strategic investment in the Blockchain Founders Fund (BFF), an early-stage venture capital fund based in Singapore that focuses on top-tier Web3 startups. According to a press release, Ripple’s investment aligns with the company’s initiative to promote the adoption of blockchain technology worldwide. BFF’s primary goal is to assist …
The Tezos Foundation and Google Cloud have joined forces to simplify the development of Web3 applications on the Tezos blockchain for both startups and corporations. This partnership aims to promote blockchain technology and enhance innovation in the Web3 space. This partnership aims to accelerate the adoption of blockchain technology and promote innovation in the Web3 …
Now that the end of the SEC-Ripple lawsuit is not that far, XRP community members’ optimism about a positive conclusion is growing with every passing day. Ripple to Win the Lawsuit: In a most recent instance, CryptoLaw founder and amici in the lawsuit lawyer John E. Deaton has stated that chances of Ripple winning the …
According to a prominent figure in the Shiba Inu memecoin ecosystem, Shibarium, the highly-anticipated layer-2 network, is set to launch in beta mode next week. The news was confirmed by the official Twitter account for Bone ShibaSwap (BONE) in a viral tweet. The Shibarium scaling solution, similar to Polygon (MATIC), is designed to speed up …
Polygon has emerged as one of the top performers in the crypto market over the past week. The digital asset has seen remarkable gains, rising over 21% in a seven-day period, thanks to bitcoin’s run-up above $25,000. As a result, MATIC has surpassed Dogecoin (DOGE) by market cap and is now eyeing the next target, …
Earlier today, the Solana network team confirmed that the Helium network would be migrating to Solana on March 27, leading to a surge in prices for both SOL and HNT cryptocurrencies. The move was confirmed after Helium shared updates on the transition via a blog post last Friday. “After months of meticulous planning and technical …
Input Output Global (IOG), the development company behind Cardano’s (ADA) blockchain, recently made an exciting announcement. It revealed that its proof-of-concept EVM sidechain public testnet went live, which will allow developers to begin testing. The EVM sidechain public testnet is a significant launch for Cardano, as it will enable developers to connect their wallets, transfer …
The European Union is considering the use of zero-knowledge proofs for digital IDs, which would provide a more secure and private way to verify identities. This approach would enable users to prove that they have a particular attribute or qualification, such as being over 18 or having a university degree, without disclosing any other personal …
The cryptocurrency market has witnessed a new Dogecoin (DOGE) rival explode after Tesla CEO, Elon Musk, took to Twitter to tweet new dog photos. In a tweet, Musk introduced his new dog named Floki, which led to a significant price surge for Floki Inu (FLOKI), a new token named after Musk’s pet. The new CEO …
The U.S Securities and Exchange Commission (SEC) is facing a request from a journalist to disclose documents related to its ongoing legal battle with Ripple. The request for access to documents was filed by Forbes journalist Dr. Roslyn Layton. Hinman is a key figure in the SEC’s approach to the regulation of cryptocurrencies, having famously …
Tron DAO, a decentralized autonomous organization (DAO) on the Tron blockchain, has recently announced the launch of its Artificial Intelligence (AI) Development Fund. This fund aims to drive innovation and growth in the blockchain space by supporting the development of AI-based solutions. What is Tron DAO and its AI Development Fund? Tron DAO is a …
The payment company Ripple is facing another legal challenge in addition to its ongoing lawsuit against the SEC. Zakinov vs. Ripple A lead complainant in the Zakinov vs. Ripple Labs lawsuit has filed a class action lawsuit and is demanding the release of communication details between Ripple and the SEC from January 2015. This includes …
In order for cryptocurrencies to be widely adopted by the general public, it is crucial that there is a supporting infrastructure in place. This infrastructure should provide easy access and exposure to the crypto ecosystem. When examining eight key indicators such as taxes, ATMs, jobs, and events related to cryptocurrencies, London has emerged as the …
Recent on-chain data from Blockchain Insights reveals that the number of smart contracts on the Cardano blockchain was at 5,006 on February 2, 2023, a significant increase from 4,000 on December 3, 2022. This shows that the blockchain has added approximately 1,000 new smart contracts in less than two months. ADA’s Performance on the Market …
Fantom network is rebuilding the network’s native stablecoin, fUSD, on the blockchain. This news is exciting for the Fantom community, as it signals a recommitment to the project and a dedication to its continued growth and development. fUSD migration & liquidations https://t.co/vj4UAagaoX — Andre Cronje (@AndreCronjeTech) January 29, 2023 In order to revive a dead …
Coil, a company that was heavily backed by Ripple and played a significant role in the XRP ecosystem, has announced that it will be ending its operations. The company, led by CEO Stefan Thomas, was one of the three providers of Unique Node Lists (UNLs) for the XRPL alongside Ripple and the XRP Ledger Foundation. …
The government of the United Kingdom has finally published its much-anticipated report regarding the regulation of cryptocurrencies. Before proceeding to the next phase, they are seeking input and advice from key individuals in the market and industry experts. This process of consultation is crucial as it helps to ensure that the regulations being proposed are …
Polygon has seen a meteoric rise in popularity and value in recent years. With its decentralized nature and increasing acceptance by both individuals and institutions, many are wondering what the future holds for the digital asset. As the demand for Polygon (MATIC) continues to grow, predictions about its future price have become increasingly important for …
In a recent development, the Federal Government of the United States has seized nearly $700 million worth of assets belonging to SBF, a digital assets firm. The seizure is a result of an ongoing investigation into the company’s alleged involvement in illegal activities, including money laundering and fraud. FTX US and the Investigation The investigation …