Back in 2019, Cardano faced a significant drop of 57% when the Federal Reserve initiated its first rate cut, lowering rates from 2.42% to 2.39%. This resulted in a prolonged downtrend for the cryptocurrency that lasted until early 2020. Fast forward to today, with interest rates standing at 5.33% and the public debt skyrocketing to
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The Law Commission of the United Kingdom recently introduced the Property (Digital Assets, etc.) Bill to address the legal recognition of digital assets such as cryptocurrencies, non-fungible tokens (NFTs), and carbon credits. This groundbreaking legislation aims to incorporate these assets into English and Welsh property law for the first time in history. While this move
Bitcoin has recently experienced a market correction of around 11% in the past two weeks, leading to some volatile price movements. Despite a brief rebound to $58,000, the leading crypto asset still has a long way to go to reach its all-time high levels. On-chain data from Santiment has shown that wallets holding less than
The cryptocurrency market is currently experiencing a sense of recovery, with Ethereum (ETH) showcasing slight gains in the last 24-hours. After a significant drop that saw ETH’s value plummet to $2,154, the digital asset is now on the verge of reaching the $2,400 threshold, instilling hope among investors. Market expert Jesse Olson recently shared on
Samuel Edyme, also known as HIM-buktu, is a multifaceted individual in the world of web3. His expertise ranges from content writing to journalism to trading, showcasing his versatility and adaptability. Edyme has contributed his insightful pieces to various industry platforms such as AMBCrypto, Blockchain.News, and Blockchain Reporter, proving his reputation as a knowledgeable figure in
Bitcoin may be facing a downtrend in its price, but a closer look through fundamental analysis reveals that it is actually in a healthy position. Analyst Kaleo recently shared an analysis indicating that Bitcoin is displaying more favorable dynamics in the current market compared to the previous halving cycle. Taking into account the performance of
The airdrop for the highly anticipated Rocky Rabbit Telegram game is set to take place on September 23, 2024, on The Open Network (TON). This event aims to reward a group of dedicated players who have actively engaged with the game’s mechanics and referral system. The distribution of tokens during the airdrop signifies a pivotal
The recent entry of Zurich Cantonal Bank into the world of cryptocurrencies has sparked much interest and discussion within the financial industry. With the unveiling of Bitcoin and Ethereum trading services on September 4, 2024, the Swiss bank has made a significant move towards embracing digital assets. Zurich Cantonal Bank announced that its customers can
Recently, Jameson Lopp, co-founder of CasaHODL, raised the alarm about a new phishing scam that is specifically targeting users of the Gemini exchange. This scam involves sending fake data breach notices to unsuspecting users, causing them to transfer their funds to malicious actors. The scammers make false claims about Gemini partnering with Trust Wallet to
Recently, ITC Crypto founder and CEO Benjamin Cowen pointed out a wedge chart pattern in the current market cycle for Ethereum that resembles patterns from previous cycles. This pattern, although larger in scale, is showing similarities to the structure observed after an interest rate cut in 2019. Additionally, MN Consultancy founder Michaël van de Poppe
