The crypto market has been on a road to recovery, but the sad truth remains that a significant number of Cardano holders are still facing losses. This fact has sparked various speculations as to why Cardano, also known as ADA, is the worst performer in terms of profitability among the top 10 largest cryptocurrencies by
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Recently, a US court has given Binance US the green light to invest a portion of its customer fiat funds, which are currently being held at BitGo, in US Treasury Bills. The exchange had requested permission to invest around $40 million in increments of $10 million over a span of four weeks. The investments will
The recent security breach at India-based crypto exchange WazirX has raised significant concerns in the cryptocurrency community. The breach, resulting in an estimated $235 million loss, has been the subject of intense scrutiny. Liminal, a multiparty computation (MPC) wallet provider, has released a post-mortem report shedding light on the incident and absolving its infrastructure of
The recent surge in Ethereum derivative volume raises questions about the confidence level of Ethereum investors in the upcoming Spot Ethereum ETFs. This surge comes at a time when these funds are set to be launched next week, with high expectations for a price rally for the second-largest cryptocurrency by market cap. Data from Laevitas
Bitcoin, the world’s largest cryptocurrency, has recently received some positive news from a market strategist who believes that the prolonged downtrend in its price may finally be coming to an end. Rekt Capital, a well-known crypto analyst, has shared his insights with his large following on X, formerly known as Twitter. He has suggested that
Planetarium Labs is set to release the highly anticipated follow-up to the successful Immortal Rising franchise: Immortal Rising 2. This new game is built on the Immutable platform, which promises faster transaction speeds and zero gas fees for players. With key improvements to combat action, an isometric view, diverse skill tree combinations, engaging guild content,
Ethereum saw a positive week with a 12% price increase. This impressive recovery came after the entire market rallied, allowing ETH to establish $3,300 as a key support level. Moving forward, buyers have set their sights on the $4,000 target, which also serves as a crucial resistance point. The last time ETH tested this level
Gods Unchained has been making significant waves in the NFT gaming world, showcasing a surge in activity that speaks to its increasing popularity. Unlike many other games struggling in the current market, Gods Unchained sets itself apart with its unique gameplay and immersive experience. The native token of the game, GODS, has also seen a
Shiba Inu, the popular meme coin, has seen a significant increase in its burn rate recently. In the past 24 hours alone, the burn rate skyrocketed by 450%, resulting in nearly 50 million tokens being sent to a null address. While the USD equivalent of this may seem insignificant, continuous efforts in reducing the circulating
Upon analyzing the insights provided by crypto analyst Rekt Capital, it seems that Bitcoin may not be prepared for its next significant move upwards. According to Rekt Capital, Bitcoin is currently not at a stage where it is ready for a successful retest of the $65,000 level as a new support level. In order for