In a market that is currently experiencing signs of recovery, Cardano (ADA) stands out as one of the biggest beneficiaries of the recent uptick in optimism. Despite falling out of the top 10 largest assets list, Cardano’s weighted sentiment score of 1.69 surpasses the likes of Bitcoin (BTC) and Ethereum (ETH). This surge in positive
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Tokyo’s Metaplanet investment firm made headlines recently with its announcement of acquiring an additional 57.273 BTC, valued at approximately 500 million yen or $3.4 million. This move comes amidst the current market lull, showcasing Metaplanet’s long-term growth strategy. The decision to purchase more Bitcoin is part of a larger plan that was initially revealed on
The United States spot Bitcoin exchange-traded fund (ETF) market experienced a decrease in daily trading volume to $779.87 million on Monday. This decline marks the third lowest traded volume, following the records set on February 5th and 6th. While there was an inflow of $61.98 million into spot Bitcoin ETFs, it is important to note
Recently, a troubling incident has made waves within the Solana community on Reddit. A new browser extension, cleverly named the “Bull Checker,” has been wreaking havoc among Solana users by posing as a harmless meme coin tracker. This insidious extension has managed to evade detection systems and siphon funds from unsuspecting victims, raising concerns about
In a surprising turn of events, Cardano (ADA) has recently been removed from the top 10 cryptocurrencies by market capitalization. This alteration marks a significant shift in the cryptocurrency market, as Cardano has long held a prominent position within the top echelons of the crypto industry. The downfall of Cardano can be attributed to a
Bright Star Studios has made a bold decision to switch from Immutable X to the Mantle Network for their MMORPG, Ember Sword. This move aims to elevate the gaming experience by harnessing Mantle’s technology. While Immutable X laid a groundwork by enabling gasless transactions, Mantle Network takes it up a notch in terms of technical
German authorities have recently made a significant move by confiscating $28 million in cash and 13 crypto ATMs in a coordinated nationwide operation. This action, led by the Federal Financial Supervisory Authority (BaFin), aims to combat unlicensed activities within the rapidly expanding crypto market in the country. The operation, carried out in collaboration with law
Binance, the biggest cryptocurrency exchange in terms of trading volume, recently disclosed that it was able to prevent more than $2.4 billion in potential user losses caused by scams and fraud in the first seven months of 2024. This represents a substantial amount of money that would have otherwise been at risk of being lost.
Shaquille O’Neal, the legendary basketball player, is currently facing a class action lawsuit in connection with his involvement in the Astrals NFT project. The lawsuit alleges that Astrals promoted unregistered securities, leading to financial losses for investors. The court has ruled that O’Neal could be considered a ‘seller’ of Astral NFTs, but dismissed the claim
The cryptocurrency market witnessed a surge in meme coins, particularly cat-themed meme coins, leading to a rally that pushed the sector’s market capitalization above $40 billion. This surge comes after a prolonged period of underperformance in the meme coin sector, with many assets charting impressive gains. Popcat (POPCAT), Mog Coin (MOG), and Cat in a
