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Transactions on the Cardano network increase from 10.09K to 14.09K. Unique active wallets drop significantly from 3.84K to 2.82K in one week. TD Sequential indicator signals a potential rebound amid high price volatility. Cardano’s Fibonacci levels hint at $1.057 resistance or $0.711 support targets. As the total crypto market cap, excluding Bitcoin and Ethereum ,…
Trump’s executive order establishes a crypto task force and digital asset reserve, potentially bringing trillion-dollar institutional investments. Growing corporate borrowing for Bitcoin purchases and new lending programs indicate strengthening market fundamentals and demand. Traditional crash expectations may be outdated as institutional adoption and regulatory clarity reshape market dynamics and stability. For years, Bitcoin has followed…
Jump Trading has sued Liam Heeger, its Firedancer engineer. The market maker said Heeger violated his non-compete when he created Unto Labs. Liam Heeger has denied any violation as his project has no overlap with Jump. Jump Trading, a proprietary trading firm established in 1999, has sued Liam Heeger, the founder of Unto Labs. As…
Cardano’s Plomin hard fork is set to go live on January 29. The Binance Exchange has confirmed plans to support the upgrade. This event will usher Cardano into a user-centric governance system for Cardano users. The Cardano ecosystem is about to undergo a major network upgrade and hard fork on January 29, 2025. This development…
Ethereum’s value against Bitcoin has dropped to 0.03 BTC, a 50% decline from last year, while Bitcoin surged to $109K. Solana’s meme coin craze, including Donald Trump’s official memecoin launch, has drawn investors away from Ethereum. Ethereum’s Taker Buy Sell Ratio at 0.9723 signals seller dominance, despite institutional interest from firms like World Liberty Financial….
Alchemy Pay has received over 10 operating licenses from different jurisdictions to help scale its payment operations seamlessly. ACH price has been forming a macro reversal pattern after being trapped in a bearish consolidation in the past years. The altcoin industry, led by Alchemy Pay (ACH), has signaled an inevitable bullish breakout in the near…
Dogecoin open interest declines by 8.71%, with the long-to-short ratio at 0.90%. Critical support for DOGE price stands at the $0.30 psychological zone. Broader market stabilization could spark recovery to $0.37772 and beyond. Funding rate rise to 0.0103% reflects remaining bullish willingness despite bearish sentiment. Amid the increasing volatility in the crypto market, as Bitcoin…
Hong Kong is driving its stablecoin regulatory push with lawmakers’ deliberating. Stablecoin issuers will have to secure licenses to operate in the region. Issuers must also adhere to AML, KYC, and CTF rules. The Hong Kong Legislative Council Committee held its first with key government officials regarding stablecoins on Tuesday. The regulators discussed the proposed…
Linea has conducted a Sybil analysis of its hosted wallets. With the help of Nansen, the protocol has flagged over 516,000 Sybil addresses. The protocol wants to get its airdrop campaign right, a feat only possible with non-Sybil addresses. Linea, a layer-2 zero-knowledge Ethereum Virtual Machine (zkEVM) rollup, has removed over half a million Sybil…
Chen donated millions of MIRA to President Trump. He also pledged an additional 100M MIRA pending DAO approval. The philanthropic tendencies of the CEO of the financial startup, Runway, Siqi Chen, may have recently come to public attention. This follows after he took to his official X account to share details of a recent donation…