In recent days, the crypto market has experienced a significant decline of 15%, resulting in over $350 million exiting the space. This correction has broken monthly support levels, leading crypto assets to their lowest levels since late February. Despite the bearish sentiment returning, market analysts and experts such as Cryptographer Adam Back have pointed out
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Cardano (ADA), the eighth-largest cryptocurrency by market capitalization, has recently experienced a notable 3.4% price increase in the past 24 hours. This surge comes amid a broader recovery in the cryptocurrency market, with Bitcoin and Ethereum also seeing slight gains of 2.5% and 2.2%, respectively. Technical analysis on TradingView suggests that Cardano may be on
Semilore Faleti is a cryptocurrency writer with a strong foundation in journalism and content creation. His journey into the world of cryptocurrencies began with a broad range of subjects, but it was his fascination with the intricacies of blockchains and digital assets that truly captivated him. He believes in the transformative power of cryptocurrency in
PancakeSwap, a popular multi-chain decentralized exchange (DEX), recently made an announcement regarding a major community reward program that is set to take place from July 5 to August 5. This program aims to distribute over 2.45 million zkSync (ZK) tokens to community members as a token of appreciation for their support in the zkSync PancakeSwap
Meme coins have had their time in the spotlight during the recent bull cycle in the cryptocurrency market. Tokens like Shiba Inu (SHIB), Dogecoin (DOGE), and various Solana-based coins have experienced significant gains over the past few months. However, their growth has hit a snag with the current market correction. One key factor that could
The crypto market is currently facing a turbulent phase, with Ethereum experiencing a significant downturn of nearly 15% in its value over the past week. Adding to this negative price performance, Peter Schiff, a well-known economist and crypto skeptic, has projected a stark prediction for Ethereum. According to Schiff, Ethereum could potentially plummet to as
The former Solicitor General Donald B. Verrilli, who previously served during the Obama administration, has accused US regulators of deliberately stifling the crypto industry through debanking practices. Verrilli, who now holds the position of Grayscale Investments’ senior legal strategist, made these accusations in a joint amicus brief filed with Paul Clement, the former Solicitor General
The European Banking Authority (EBA) has recently made significant updates to its Travel Rule guidelines that now include crypto service providers and intermediaries. This move, announced in a statement on July 4, sets a deadline of December 30, 2024, for crypto exchanges in the European Union to adhere to the new guidelines referred to as
Taiwan Mobile, the second-largest telecom operator in Taiwan, has taken a bold step by applying for a license to operate as a Virtual Asset Service Provider (VASP). The company’s General Manager, Lin Zhichen, has been named as the person in charge, solidifying Taiwan Mobile’s position in the crypto market. This move signifies the company’s commitment
RETROBLOCK is a GameFi platform that aims to breathe new life into the retro gaming scene through a unique blend of competition, interaction, and rewards. One of the standout features of RETROBLOCK is the upcoming launch of the Synth City Genesis NFT Collection, which will consist of 1001 distinct items that embody various archetypes within