Cardano has experienced a resurgence in bullish sentiments despite consistently underperforming in comparison to the broader market. This uptick in sentiment is quite notable, especially considering the current state of the crypto market. With Bitcoin reclaiming the $61,000 price mark, optimism has been on the rise across major cryptocurrencies. Despite recently dropping out of the
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Opeyemi is a skilled writer and an enthusiast in the exciting and unique realm of cryptocurrencies. Although the digital assets industry was not his first choice, he has been absolutely drawn into the space for over two years now. Opeyemi takes pride in creating unique pieces that unravel the complexities of blockchain technology and shares
Bright Star Studios made waves in the gaming industry when they announced their switch from Immutable X to the Mantle Network for their highly anticipated MMORPG, Ember Sword. This bold decision is aimed at elevating the gaming experience by harnessing Mantle’s cutting-edge technology. But what does this move mean for the game, its players, and
In a bold move to set the stage for long-term growth, Tokyo’s Metaplanet investment firm recently announced the acquisition of an additional 57.273 BTC. This significant purchase, valued at approximately 500 million yen or $3.4 million, comes amidst a current market lull. The firm’s strategy, unveiled on August 8, included the acquisition of a 1
The recent choppy consolidation in bitcoin’s price action may have caused concern among many market players, but there is a group of holders who are seizing the opportunity to increase their holdings. Bitcoin whales, specifically those holding between 100 and 1,000 BTC, have been significantly adding to their positions. According to Santiment, these whales have
The United States spot Bitcoin exchange-traded fund (ETF) market experienced a decrease in daily trading volume to $779.87 million on Monday. This decline marks the third lowest trading volume after the records set on February 5th and 6th, which were $649.17 million and $692.11 million, respectively. Despite an inflow of $61.98 million into the spot
In a surprising turn of events, Cardano (ADA) has recently been ousted from the top 10 cryptocurrencies by market capitalization. This popular altcoin has been overshadowed by Tron (TRX), a shift that has caught many in the crypto market off guard. According to data from CoinMarketCap, Cardano has slipped out of the top 10 largest
German authorities recently seized $28 million in cash and shut down 13 crypto ATMs in a nationwide operation aimed at combating unlicensed financial activities within the country. Spearheaded by the Federal Financial Supervisory Authority (BaFin), this coordinated effort signifies Germany’s commitment to regulating the rapidly expanding crypto market. The operation, carried out in conjunction with
Binance, the leading cryptocurrency exchange, recently announced that it successfully prevented over $2.4 billion in potential user losses from scams and fraud in the first seven months of 2024. This impressive figure demonstrates the effectiveness of Binance’s internal risk engine, which operates around the clock using a combination of AI-based algorithms and manual reviews for
The world of cryptocurrency has once again been shaken up by the surge of meme coins, particularly those with cat and dog themes. These meme coins have collectively pushed the sector’s market cap above $40 billion, showcasing the significant influence of these digital assets in the market. Popular cat-themed meme coins like Popcat (POPCAT), Mog
