Cardano has seen bears control its price movements for some time now. The alternative token appeared to discover renewed selling momentum following the dip beneath the EMA ribbons. While such developments indicated a further downtrend, the current plunging wedge formation means a possible gain in the near term. ADA traded near $0.7937 at this publication,…
After accepting crypto donations for nearly a decade, Wikipedia has halted crypto donations following discontent by the Wikipedia community. The Wikimedia Foundation (WMF), the NGO that runs the popular internet encyclopedia, Wikipedia, has been embroiled in various discussions with its community members over the decision to keep accepting crypto donations. Discussions Have Been Ongoing Since…
Stellar saw its price nearing a retest of the $0.168 mark inside a declining wedge, and the upcoming sessions can see XLM in a break-or-make condition. A move beneath the nearest support might translate to undesired losses by clearing the patch towards the $0.1617 mark. A potential upsurge from the closest foothold would position Stellar…
Ethereum (ETH) witnesses an unmatched surge in inactivity. The blockchain has remained active, from rising traction to institutional adoption. The surging demand saw gas fees in the ETH network spiking to $2.48 billion, higher than $1.7 billion a year ago. ETH’s bullish outlook throughout 2022 led to a lucrative surge in transactions and trading volumes,…
Jack Mallers – the CEO of Strike (a digital payments venue) – asserted that the utilization of Bitcoin (BTC) as a network of payments is greater than the bank or card-based processing systems. in addition to this, the executive drew a comparison between the primary crypto token as well as the Internet, mentioning that both…
The venture capital branch of KuCoin (a crypto exchange), as well as the NFT (non-fungible token) marketplace, have initiated a Creators Fund of up to $100M to assist in the growth of the early-stage projects of NFTs taking into account the GameFi as well as sports. Windvance NFT marketplace and KuCoin Ventures have established the…
The CISA (Cybersecurity and Infrastructure Security Agency) and FBI (Federal Bureau of Investigation) have released a warning on North Korea-based state-backed cyber threats aiming at blockchain firms in reaction to the Ronin Bridge exploitation that occurred in the previous month. The warning was released this Monday in collaboration with the Treasury Department as well as…
Wonder Technologies, located in Vancouver, has made a deal to buy another certified crypto platform in Canada after taking charge of Bitbuy Technologies in a month. WonderFi is a tech firm that provides economic services access through DeFi, showing intentions to expand its business in Canada by getting Coin berry cryptocurrency exchange for 38 million…
The ability to support successful projects highly determines the success of a platform in the blockchain industry. Tron Network revealed some announcements over the past couple of weeks, intimating enthusiasts and investors about the network’s projects and plans. On April 21, Tron’s founder Justin Sun revealed the platform’s goal to launch a decentralized stablecoin, the…
Bison Bank – a bank based in Portugal – acquired permission on the behalf of the Portuguese Central Bank (also called Banco de Portugal) to run as a VASP (virtual asset service provider), making the initial bank across the country to be granted the permission by the regulatory agency. On Thursday, the virtual-asset list of…
Nowadays, cryptocurrency is a hot topic that is under discussion globally. The whole world is working on different aspects of cryptocurrency. The increasing popularity of crypto made the world think about legislation regarding the crypto market. The government of Virginia made legislation and allowed the chartered banks of the state to offer custodial services regarding…
CEO of Amazon Andy Jassy has stated about the company’s possible move into the world of NFTs in the coming times. Amazon and NFTs According to an Interview hosted by CNBC, CEO of Amazon, Andy Jassy has recognized the massively growing popularity of NFTs and mentioned that the platform could eventually start its trade in…
A recent announcement made by Opera mentioned a development regarding the firm’s crypto browser now gaining support on Apple’s sophisticated IOS operating system. Move into IOS In order to accommodate the increase in demand for Decentralized Finance (DeFi), popular Web3 Web browser and wallet host, Opera recently shared an announcement in which the firm stated…
Cardano price remains range-bound within the $0.776 – $1.240 level and currently plants to explore the topside limits. ADA may drop towards the $0.776 range low before launching a 30% upswing towards $1.01. A daily candle close under $0.672 will cancel Cardano’s bullish case. Cardano (ADA) appears on continuous bleeding since the altcoin touched its…
BTC will likely dip under $37,699 to gather liquidity before uptrends. Enthusiasts can wait for an 11% surge to $42K from the leading cryptocurrency. A 24hr candlestick closing beneath $35K will invalidate Bitcoin’s bullish thesis. Bitcoin (BTC) triggered a slight increase (premature), leaving the downside goal unsatisfied. Thus, market players can expect the crypto to…
Technical improvement announcements may have affected ADA prices positively in the short timeframes. The latest proposal to increase Cardano mainnet’s block size saw price charts responding with upticks. Moreover, Santiment data show ADA hovering within an area that upside rallies have generated for the alt. Is history about to repeat itself? Cardano – 1-Day Timeframe…
Floyd Mayweather (a retired boxer) will initiate a unique NFT (non-fungible token) project called Mayweverse, offering crypto enthusiasts a series of nearly 5,000 NFTs to be minted in return for 0.3 ETH (Ethereum) over each. After the declaration, nonetheless, several consumers started raising apprehensions, particularly because of the arguably controversial history of Mayweather in the…
White Star Capital (a technology venture capital company) has gathered $120M in funding to be allocated for the DAF II (second Digital Asset Fund) for investment in early-stage Web3 and blockchain-based businesses as well as crypto networks. The respective fund is fundamentally supported on the behalf of Ubisoft (a giant publisher) and will specifically concentrate…
Epic Games’ Journey towards the Metaverse is boosted to newer levels, as the firm has successfully managed to secure a massive $2Billion in funds from several popular firms. Billion Dollar Funding Gaming Firm, Epic Games, known for its massively popular battle royale game Fortnite, is in for a huge treat, as their latest development regarding…
Inspired with the developments surrounding VISA and American Express regarding the Metaverse, MasterCard has also decided to expand their sources of revenue. New Trademarks Globally popular payment service, MasterCard has recently registered around 15 Metaverse and NFT Trademarks in cooperation with the U.S Patent and Trademark Office. The main motivation behind registering in these trademarks…