Cardano (ADA) enthusiasts are buzzing with excitement as the Chang hard fork draws near. The native token of the Cardano ecosystem has seen a remarkable surge of over 52% in key metrics, adding fuel to the anticipation. Intersect, a vital organization within the Cardano community, recently took to X (formerly Twitter) on August 20 to
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The US Securities and Exchange Commission is pushing back against Hex founder Richard Heart’s efforts to have its $1 billion securities fraud lawsuit dismissed, asserting its jurisdiction over the case. In response to Heart’s motion to dismiss, the SEC argues that his claims fail to address the substantial allegations in the complaint and disregard important
Samuel Edyme, affectionately known as HIM-buktu, is a multifaceted individual with a flair for web3 content creation, journalism, and a budding interest in trading. His portfolio boasts contributions to reputable industry publications such as AMBCrypto, Blockchain.News, and Blockchain Reporter. Edyme’s introduction to the world of cryptocurrency was not a fairy tale beginning, but rather a
Bitcoin recently experienced a sharp dip below $50,000, triggering a cascade effect on other cryptocurrencies in the market. This unexpected downturn left many short-term holders facing unrealized losses and led to a period of consolidation that has lasted longer than anticipated. A report from Glassnode indicates that the crash was primarily driven by an overreaction
The recent spike in Bitcoin (BTC) prices, with a surge of over 6%, can be attributed to Federal Reserve Chairman Jerome Powell’s announcement of potential adjustments to policy. This unexpected news has led to increased volatility in the Bitcoin market, causing prices to fluctuate unpredictably in recent weeks. Despite the volatility, on-chain data from CryptoQuant
The recent performance of Bitcoin ETFs has been nothing short of impressive, with over $500 million flowing into the largest US-based products. On the contrary, Ethereum ETFs are facing challenges, with minimal trading volumes and consistent withdrawals. Bitcoin ETFs experienced a setback at the beginning of the month, losing more than $550 million in just
The recent statements by Federal Reserve chairman Jerome Powell have caused a stir in the financial markets. The endorsement of rate cuts opens up a new realm of possibilities for the economy. Powell’s assertion that it’s not a matter of if there will be cuts but how deep to make them signals a significant shift
Cardano, the blockchain platform founded by Charles Hoskinson, has announced a delay in the highly anticipated Chang hardfork. Originally scheduled for August 27, 2024, the hardfork will now take place on September 1, 2024. The reason for this delay, according to Hoskinson, is to give exchanges such as Binance more time to prepare for the
Ethereum (ETH) seems to have weathered the storm, with various indicators suggesting that the worst may be behind the second-largest cryptocurrency by market capitalization. One key metric, the market value to realized value (MVRV) lowest pricing level, currently stands at $1,687, indicating that the bottom may have already been reached for ETH. This metric is
The cryptocurrency market is currently experiencing a mix of price stagnation and volatility, causing investors to eagerly anticipate the upcoming Pectra upgrade for the Ethereum (ETH) network. Scheduled for the first quarter of 2025, this major update is expected to bring significant advancements to the network, attracting the attention of bullish analysts who believe it
