In a noteworthy development for cryptocurrency enthusiasts, Cardano (ADA) has surged by more than 10.75% within a mere 24-hour span, now trading at approximately $1.0481. This momentous price movement highlights a significant psychological threshold as it marks a rebound above the $1 mark, a level that many token holders have been eagerly anticipating after an
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The Celsius Network has embarked on a legal journey that continues to unfold, particularly following its decision to appeal a ruling made by Judge John Dorsey on December 31. This ruling dismissed Celsius’s ambitious $2 billion disparagement claim against the now-defunct cryptocurrency exchange, FTX. The heart of the matter lies in accusations that FTX’s executives
On December 31, a notable initiative took root in Switzerland, proposing an audacious adjustment to the Swiss National Bank’s (SNB) reserve strategy by including Bitcoin as part of its asset portfolio. Spearheaded by a coalition of ten Bitcoin proponents, including influential figures such as Giw Zanganeh of Tether and Yves Bennaïm from the think tank
The landscape of gaming is set for a transformation as we approach the dawn of 2025, ushering in a new era infused with blockchain technology. This movement, often referred to as Web3 gaming, is characterized by decentralized ecosystems that enable players to own, trade, and monetize virtual assets. Unlike traditional gaming, where player contributions are
The Bitcoin market has long been influenced by cyclical patterns, notably showing a tendency toward positive seasonality during the latter parts of halving years. However, recent developments indicate a notable shift in this trend, as reflected in Bitcoin’s price trajectory and market activity in the last fortnight. This downturn can be attributed to a deceleration
In an unprecedented move for the cryptocurrency landscape in Brazil, Binance has received regulatory approval from the Central Bank to acquire Sim;paul, a licensed broker-dealer. This landmark approval is significant not only for Binance but also for Brazil, as it positions the exchange as the first of its kind to hold a broker-dealer license in
The European Union (EU) has recently launched the Markets in Crypto-Assets Regulation (MiCA), which marks a significant development in the governance of digital assets across its member states. This new framework aims to establish clear guidelines for stablecoins, token issuances, and various crypto services, creating a more structured environment for businesses operating within the EU.
The cryptocurrency market is continually shifting, with various factors influencing the rise and fall of different coins. Shiba Inu (SHIB), originally launched with an astronomical supply of one quadrillion tokens, is a quintessential example of how a meme coin can capture the interest of investors and enthusiasts alike. A significant element contributing to SHIB’s recent
Ethereum’s journey throughout 2024 has been marked by underwhelming growth, with the cryptocurrency experiencing only a 47% increase. In stark contrast, Bitcoin has outperformed expectations, soaring over 120% to attain a record high in mid-December. This evident discrepancy raises questions about Ethereum’s market positioning and investor sentiment. Many in the crypto sphere anticipated a resurgence
The cryptocurrency landscape is rife with challenges, especially as regulatory scrutiny increases. Among those caught in the crosshairs are the developers of Tornado Cash, a crypto mixing protocol embroiled in allegations of facilitating illicit activities. In a remarkable show of support, Ethereum co-founder Vitalik Buterin has significantly contributed to the legal defense of the Tornado
