In a recent video chart analysis, crypto analyst @XForceGlobal shared insights on Cardano (ADA), a cryptocurrency that many in the market are currently dismissing as a “dinosaur coin.” The analyst compared the current price action of ADA to that of Solana (SOL), pointing out similarities in their Elliott Wave structures. XForceGlobal highlighted that Solana went
In recent trading weeks, Bitcoin ETFs have been thriving, with over $500 million allocated to the largest US-based products. However, the opposite can be said for Ethereum ETFs, which are experiencing minor trading volumes and consistent withdrawals. The rough start of the month for spot Bitcoin ETFs, with losses exceeding $550 million in just three
Cardano’s much-anticipated Chang hardfork has been postponed to September 1, 2024. The delay was confirmed by Cardano founder Charles Hoskinson, who stated that while the upgrade is ready, additional time is needed for platforms such as Binance to prepare for the hardfork. Hoskinson emphasized the importance of deadlines in pushing people to take upgrades seriously
Despite the recent market crash on August 5th that saw Ethereum drop to as low as $2,200, it seems that the worst may be over for the second-largest cryptocurrency by market cap. According to data from the onchain analytics platform Glassnode, Ethereum’s market value to realized value (MVRV) lowest pricing level is currently at $1,687,
The Cardano (ADA) community is buzzing with excitement as the highly anticipated Chang hard fork is on the horizon. With the upcoming upgrade, ADA, the native token of the Cardano ecosystem, has seen a massive surge of over 52% in this key metric. Members of the community-based organization Intersect have been actively sharing detailed updates
The US Securities and Exchange Commission (SEC) recently opposed Richard Heart’s motion to dismiss a $1 billion securities fraud lawsuit, underscoring its jurisdiction over the case. The SEC argued in a brief filed in a New York federal court that Heart’s attempt to dismiss the lawsuit failed to address key allegations and disregarded pertinent legal
Bitcoin experienced a significant surge of over 6% in its value yesterday after Federal Reserve Chairman Jerome Powell hinted at a potential 25bps rate cut at the upcoming meeting on September 18. This unexpected news has added to Bitcoin’s recent volatility, with prices fluctuating unpredictably in recent weeks. Despite the market’s unpredictability, crucial on-chain data
Samuel Edyme, commonly known as HIM-buktu, is a multifaceted individual with a diverse skill set. He is a web3 content writer, journalist, and an aspiring trader. His ability to play with words and his keen eye for emerging trends have landed him opportunities to contribute to various industry-leading platforms such as AMBCrypto, Blockchain.News, and Blockchain
The cryptocurrency market has been experiencing a period of uncertainty marked by price stagnation and volatility. However, all eyes are now on the highly anticipated Pectra upgrade for the Ethereum (ETH) network, scheduled for the first quarter of 2025. This major upgrade is generating significant excitement among bullish analysts who believe it could be the
The recent arrest of Pavel Durov, the CEO of the popular messaging app Telegram, has sparked a wave of support from various celebrities and public figures. Notable names such as Elon Musk, Robert F. Kennedy, Vitalik Buterin, and Tucker Carlson have spoken out in defense of Durov following his controversial arrest in France. The outpouring