Cardano (ADA), a prominent cryptocurrency, may be on the verge of breaking out from a multi-week symmetrical triangle pattern, according to a YouTube analyst from Crypto Capital Venture. In a recent video, the analyst explored the ADA charts in detail and identified the possibility of a breakout. The analyst specifically highlighted ADA’s recent breach of
Leverage trading has become increasingly popular in the cryptocurrency market, offering traders the opportunity to amplify their gains. However, Coinbase International Exchange recently announced that it has set leverage limits to 10X on its perpetual future contracts, highlighting the potential risks associated with high leverage trading. This article will explore the implications of these leverage
Artificial intelligence (AI) has become a game-changer in various industries, revolutionizing processes and increasing efficiency. The world of crypto trading and investing is no exception. Among the innovative projects in this space, yPredict stands out as a platform that harnesses the power of AI and machine learning to empower traders with valuable insights and predictive
The Chinese government has recently taken significant steps to regulate the use of cryptocurrencies in illegal foreign exchange (forex) trading. In a joint statement issued by the Supreme People’s Procuratorate and the State Administration of Foreign Exchange (SAFE) on December 28, authorities urged prosecutors and forex regulators to intensify supervision to combat financial fraud and
Former U.S. President Donald Trump has been making waves in the cryptocurrency world as a wallet linked to him has reportedly moved over $2.4 million worth of ether (ETH) to the popular crypto exchange Coinbase. This news comes from on-chain firm Arkham Intelligence, which first identified digital assets believed to belong to Trump back in
The digital asset management firm ARK Invest, led by Cathie Wood, recently made a bold move by liquidating its entire holdings in the Grayscale Bitcoin Trust (GBTC), amounting to $200 million. This decision comes as the Securities and Exchange Commission (SEC) is expected to announce its verdict on spot Bitcoin ETFs in the United States
Bitcoin SV (BSV) has experienced a remarkable surge in price recently, benefitting from the overall bullish sentiment in the cryptocurrency market. Over the past two days, BSV has skyrocketed, rising more than 80%. However, a closer examination of the key technical indicators suggests that the pace of these gains may not be sustainable in the
The co-founder of Ethereum, Vitalik Buterin, has put forward a proposal to address the increasing load on the Ethereum blockchain and simplify its proof-of-stake (PoS) consensus. This proposal aims to reduce the number of signatures validators must make to maintain the network’s operation, resulting in a decrease in the overall load on the Ethereum blockchain.
Binance Coin (BNB) has recently experienced a significant decline due to market volatility and the SEC lawsuit against Binance and its founder Changpeng Zhao (CZ). However, despite these obstacles, BNB has shown a remarkable recovery and promising prospects. This article will analyze the factors contributing to BNB’s resurgence, including the growing usage of decentralized applications
The XRP Ledger (XRPL) has recently experienced a remarkable increase in daily transactions, shattering its previous record set in November 2021. With approximately 4.11 million transactions in a single day, the XRPL has witnessed a surge of user activity. This surge in transactions can be attributed to the introduction of a new NFT minting project