The cryptocurrency market was met with turbulence as most major coins experienced a slight dip in prices, with Bitcoin falling by 3% following a decrease in open interest for BTC futures among institutional investors. However, amidst the sea of red, Popcat, a meme coin, stood out with an impressive 52% weekly gain by midweek. This
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Cardano (ADA) has been struggling to break out of its stagnant price growth pattern for several years, despite being a popular altcoin in the cryptocurrency space. However, a recent analysis by crypto analyst Max Maher has shed light on why Cardano has failed to perform as expected, while also offering a glimpse of hope with
In the vast and ever-evolving world of cryptocurrency, one name stands out – Samuel Edyme, also known by his nickname, HIM-buktu. A multifaceted individual, Edyme is a web3 content writer, journalist, and aspiring trader who has made a mark in the industry with his unique blend of skills and experiences. Edyme’s foray into the crypto
The recent move by the US Securities and Exchange Commission to target various cryptocurrency platforms has sparked controversy once again. OpenSea, a popular NFT platform, is the latest to receive a Wells Notice from the SEC, indicating that the non-fungible tokens available on the platform could be considered unregistered securities. CEO Devin Finzer took to
Binance, the world’s largest crypto exchange, has recently announced the addition of new trading pairs and services to its platform. This move aims to enhance users’ experience and respond to ongoing market trends. The new trading pairs such as DOGS/BRL, DOGS/USDC, RARE/BRL, and RARE/USDC are set to be added to Binance Spot, along with the
The Cardano network is on the brink of one of its most significant upgrades to date, poised to introduce new features and usher in a new era of community-driven governance. Originally scheduled for deployment on August 27, the Chang hard fork has been delayed until September 1, 2024, to allow crypto exchanges like Binance to
OpenSea CEO, Devin Finzer, recently announced that the company had received a Wells Notice from the US Securities and Exchange Commission (SEC). The notice came as a shock to Finzer, who expressed surprise at the SEC’s broad action against creators and artists in the NFT space. In response, he stated, “We’re shocked the SEC would
The recent $234 million hack on WazirX has led to the crypto platform entering into an initial 30-day moratorium, awaiting a decision by Singapore’s High Court on a possible extension. This move comes as rival platform CoinSwitch has announced its intent to take legal action to recover approximately $9.6 million in digital assets trapped on
Cardano and its native token, ADA, faced a significant decline in the second quarter of 2024, mirroring the overall downtrend in the cryptocurrency market. The price of ADA dropped by 39.7% to $0.39, while its market capitalization fell by 39.4% to $14 billion. This decline was attributed to an increase in circulating supply, leading to
The recent funding success of Gameplay Galaxy in the blockchain gaming industry has sparked intrigue and excitement within the community. With an impressive $11.17 million secured in a seed extension round, the company’s total valuation now stands at $71 million, with a total funding of $24 million. Co-led by Blockchain Capital and Merit Circle, this