Cardano (ADA) has recently made headlines due to its erratic price movements and the strategic actions of its largest holders, commonly referred to as “whales.” After peaking at $1.32, the price of ADA experienced a staggering decline, dropping over 30% to a low of $0.91. With the token now appearing to stabilize, the pressing question
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The Indian cryptocurrency exchange WazirX finds itself in increasingly turbulent waters following a recent ruling by the Delhi High Court, which has mandated a new investigation into the platform’s operations. This directive, issued on December 18, directly coincided with Binance’s announcement regarding the delisting of WazirX’s native token, WRX. The legal scrutiny arises from significant
In an engaging conversation with Yahoo Finance, Matt Hougan, the Chief Investment Officer at Bitwise Asset Management, provided a comprehensive perspective on the future trajectory of Bitcoin. His bullish stance foresees a potential surge of Bitcoin prices that could reach or exceed $200,000 by the end of 2025. The overall optimism stems from multiple demand
The Australian Securities and Investment Commission (ASIC) has initiated legal proceedings against Oztures Trading Ltd., the company behind Binance Australia Derivatives, citing serious deficiencies in customer protection protocols. The focus of this legal action stems from allegations that a significant number of retail investors were wrongly labeled as wholesale clients, thus stripping them of essential
Bitcoin (BTC) has captured the attention of investors and analysts alike, witnessing a remarkable ascent throughout 2024, with its price surging approximately 150% since the beginning of the year. On December 17, Bitcoin transcended the monumental threshold of $108,000, sparking discussions regarding future price projections that range significantly based on recent speculations. Notably, some experts
The cryptocurrency market thrives on volatility and speculation, and recent developments have brought Bitcoin (BTC) to the forefront of discussions. Significantly, Bitcoin has achieved a new all-time high (ATH) of $108,000, sparking excitement and speculation about where it could be headed next. This surge signals that Bitcoin is not just rebounding but rather following a
Meet Samuel Edyme, a name that commands attention in the vibrant realm of Web3. Known fondly as “HIM-buktu,” Edyme is a multifaceted content creator, journalist, and aspiring trader who has carved a unique niche in the crypto landscape. His writing spans prestigious platforms like AMBCrypto, Blockchain.News, and Blockchain Reporter, where his ability to fuse compelling
Following a tumultuous period marked by financial turmoil and scandal, FTX and its associated debtor entities are set to initiate their Chapter 11 reorganization plan on January 3, 2025. This date represents a significant milestone, as it has been designated as the initial distribution record date for holders of allowed claims within the plan’s convenience
As 2023 draws to a close, Bitcoin (BTC) continues its remarkable ascent, challenging previous highs and kindling optimistic projections for its ongoing cycle. Recent insights from Bitfinex shed light on potential peak prices and the overall trajectory of the flagship cryptocurrency. The evolution of Bitcoin throughout this year reflects significant advancements in adoption and acceptance,
In its recently published transparency report, Coinbase provided a comprehensive overview of law enforcement requests received throughout the previous year. Notably, the report highlighted a total of 10,707 requests, showcasing an 18% reduction compared to the preceding year. This decline marks a significant trend that could signal shifts in how global law enforcement approaches cryptocurrency