The cryptocurrency market has been in a pronounced downturn, with many coins facing an uphill battle against a wave of negativity among investors. Cardano (ADA) stands out as one of the projects suffering significantly from this bearish sentiment. As new analyses emerge, the forecast remains alarming; predictions indicate that Cardano could experience a steep price
admin
In an era where crypto assets are gaining ground, the Australian Securities and Investments Commission (ASIC) has announced a decisive move towards establishing a licensing framework for cryptocurrency service providers. As reported by the Australian Financial Review on September 23, this initiative seeks to impose licensing requirements under the Corporations Act for various local crypto
In a time when cryptocurrency dominates the news and memes are currency of their own, “Boinkers” stands out as a parody game that hilariously exploits these phenomena. A free-to-play experience on Telegram, Boinkers immerses players in an unpredictable whirlpool of absurd humor combined with elements from the cryptosphere, poking fun at the chaotic world of
In a notable move aimed at capitalizing on the booming blockchain industry, Polymarket, a leading blockchain-based prediction platform, is reportedly in discussions to secure $50 million in new funding. This strategic initiative comes amid a growing interest in the potential of decentralized betting platforms, especially following the downturn witnessed in the cryptocurrency market since 2022.
Helix Labs has made headlines in the blockchain community, successfully securing $2 million in a pre-seed funding round that places the company’s valuation at an impressive $40 million. Major players in the venture capital scene, including Tribe Capital, EMURGO Ventures, Taureon Capital, LD Capital, and Double Peak Group, have all contributed to this funding initiative.
The Ethereum market has recently experienced tough times, with its price action challenging the convictions of even the most steadfast holders. The introduction of spot Ethereum exchange-traded funds (ETFs) in the U.S. was initially met with enthusiasm. Many market observers heralded these products as potential catalysts for a significant price increase in the digital currency.
In the realm of cryptocurrency, Ethereum continues to demonstrate its volatility as it recently dipped to $2,150 on September 6, igniting anxieties about a potential fall beneath the psychological $2,000 barrier. However, a notable rebound followed, lifting the price to approximately $2,460 by September 13. Despite this bounce, the overarching sentiment in the market remains
As discussions around the regulation of stablecoins intensify, Congresswoman Maxine Waters has taken a central role, urging for a bipartisan agreement by the close of 2024. Leading the House Financial Services Committee, Waters has expressed optimism regarding the potential for a collaborative legislative approach to stabilize this burgeoning financial sector. Her call to action was
In September 2023, BNY Mellon made headlines with its ambitious plans to penetrate the crypto custody market, particularly focusing on Bitcoin and Ethereum exchange-traded funds (ETFs). The bank’s recent exemption from the SEC under Staff Accounting Bulletin 121 (SAB 121) has set the stage for a significant operational shift, allowing it to redefine the treatment
The gaming industry is currently witnessing a seismic shift, driven by advancements in blockchain technology and the emergence of Web3 gaming. The recently published Global Gaming Report 2024 by Elympics outlines these changes, highlighting both the opportunities and challenges within the sector. As traditional gaming models adapt, Web3 is presenting unprecedented monetization avenues for players
