The recent downturn in the crypto markets, with a 15% drop and over $350 million exiting the space, has raised concerns among investors. Cryptographer Adam Back highlighted that market corrections of around 30% are not uncommon during market cycles, emphasizing the importance of not panicking and understanding the historical patterns. Analyst ‘Rekt Capital’ echoed this
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Cardano (ADA) has recently experienced a significant 3.4% price increase in the past 24 hours, signaling a potential bullish reversal. This surge comes at a time when the broader cryptocurrency market is also showing signs of recovery, with Bitcoin and Ethereum seeing slight gains of 2.5% and 2.2% respectively. Technical analysis suggests that Cardano has
The cryptocurrency market has seen significant volatility in recent days, with Bitcoin experiencing a downturn in price since the beginning of June. The price of Bitcoin fell below $60,000 on July 3rd, followed by a further drop the next day. This downward trend has led to concerns among market players about the impact of the
Semilore Faleti is a prominent figure in the world of cryptocurrency journalism and content creation. With a focus on blockchain technology and digital assets, Semilore has demonstrated a deep understanding of the complexities and intricacies of the crypto space. His work is dedicated to educating and informing his audience about the latest trends and developments
Meme coins have been a hot topic in the cryptocurrency world, gaining immense popularity during the recent bull market. With cryptocurrencies like Shiba Inu, Dogecoin, and various Solana-based tokens making significant gains, investors are closely watching the market for the next big meme coin to take off. ChatGPT, an AI-powered chatbot, has identified two cryptocurrencies
The recent turmoil in the cryptocurrency market, especially in Ethereum (ETH), has caused a significant drop in its value, with a nearly 15% decrease over the past week. Adding fuel to the fire, renowned economist Peter Schiff has made a gloomy prediction for ETH, suggesting that it could crash to as low as $1,500. This
In a recent announcement, popular multi-chain DEX, PancakeSwap unveiled a significant community reward program scheduled to run from July 5 to August 5. This initiative aims to distribute over 2.45 million zkSync (ZK) tokens to community members as a token of appreciation for their unwavering support towards the zkSync PancakeSwap deployment since July 2023. The
Former Solicitor General Donald B. Verrilli, who currently serves as Grayscale Investments’ senior legal strategist, has accused US regulators of intentionally stifling the crypto industry through debanking practices. In a joint amicus brief filed on July 3 with Paul Clement, the former Solicitor General under President George W. Bush, Verrilli highlighted growing bipartisan concerns about
The European Banking Authority (EBA) recently made updates to its Travel Rule guidelines, extending the regulations to include crypto service providers and intermediaries. This change is set to have a significant impact on the crypto exchanges operating within the European Union, affecting the way they handle funds and crypto asset transfers. Starting on December 30,
Taiwan Mobile, a prominent player in the telecom industry in Taiwan, has taken a significant step by applying for a license to operate as a Virtual Asset Service Provider (VASP). This move has positioned the company as the 26th VASP in Taiwan, according to the latest report from the Financial Supervisory Commission. The company’s General
