Cardano (ADA) has been making significant strides in terms of technological advancements, as reported by Input Output Hong Kong (IOHK), the engineering firm behind the blockchain platform. The recent announcement from IOHK highlights crucial improvements across various aspects of the platform, signaling further growth and development for Cardano. One notable area of improvement has been
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Kerrisdale Capital recently released a report claiming that MicroStrategy’s shares are currently overvalued. They believe that MicroStrategy’s shares are trading at a premium to the actual spot price of Bitcoin, which the company views as unjustifiable. This assertion led to a significant 14% decrease in MicroStrategy’s shares following the report’s publication. Analysis of the Premium
CFTC Commissioner Caroline Pham recently made remarks indicating that the charges brought against KuCoin by her agency could potentially encroach on the jurisdictional responsibilities of the Securities and Exchange Commission (SEC). While Pham praised the Division of Enforcement for taking what she described as an “aggressive enforcement action,” she expressed reservations about certain aspects of
The recent outflows from the Grayscale Bitcoin ETF had a significant impact on the market, causing a dramatic decline in the price of BTC. However, as the new week began, investors started to show bullish sentiment towards Bitcoin once again. This change in sentiment led to a slowing down of outflows from the Grayscale ETF,
The devastating earthquakes that hit Turkey on February 6 left a trail of destruction in its wake. In response to this disaster, the Binance Women in Technology Academy, in collaboration with the Women in Technology Association (Wtech), decided to shift its focus towards the province of Hatay, which was significantly affected by the earthquakes. Empowering
The Binance-linked HKVAEX exchange has announced the closure of its services and the withdrawal of its application for an operational license in Hong Kong. The move, which came just three months after the company applied for the license, was confirmed through a notice on the Securities and Futures Commission (SFC) website. The exchange, operating under
Parallel, an innovative sci-fi NFT card game, has recently completed a funding round, raising $35 million from a variety of investors. The game, built on the Ethereum blockchain and Base layer-2 chain, announced this development in a recent post. With this funding, the developers aim to expand the Parallel universe across new platforms and mediums,
Ethereum has been maintaining a strong position above the $3,500 price level, with investors eagerly looking forward to a potential push past the $4,000 mark. This surge in optimism has corresponded with a significant increase in open interest in Ethereum futures. Open interest is a valuable metric that tracks the total number of open positions
The recent hack of Prisma Finance, where $11.6 million was stolen from the decentralized finance (DeFi) protocol, has raised questions and sparked discussions within the cryptocurrency community. The attacker behind the hack claimed that it was a “whitehat rescue” and expressed a desire to return the funds back to the platform. This raised eyebrows as
Bitcoin (BTC) is currently in a position for a potential surge, as indicated by a bullish technical pattern and increasing institutional investments. Analyst Ali Martinez recently identified a bull flag pattern on Bitcoin’s 4-hour chart, suggesting a consolidation period following a significant price increase. This phase, characterized by a slight downward trend and decreasing trading
