The current state of Cardano (ADA) in the crypto market is not looking too promising as it struggles with its price and market cap rankings. ADA has recently dropped out of the global top 10 crypto rankings, with its price hovering just above $0.50 and experiencing a 3% decline. The market cap of ADA stands
In a bold move, the Blockchain Association and the Crypto Freedom Alliance of Texas have decided to take legal action against the US Securities and Exchange Commission (SEC). Their argument revolves around the SEC sanctioning a rule that redefines the parameters for what constitutes a “dealer” of securities. According to these groups, the SEC’s actions
In a recent statement to CryptoSlate, stablecoin issuer Tether declared its commitment to freezing any addresses associated with sanctioned entities. This decision comes after reports surfaced suggesting that certain state actors were using Tether’s USDT tokens to bypass US sanctions. A spokesperson for the firm emphasized, “Tether respects the Office of Foreign Assets Control (OFAC)
In the wake of the recent Bitcoin halving event, Bitfinex has conducted a comprehensive analysis of the on-chain data to provide insights into the market dynamics of BTC. The Hong Kong-based crypto platform’s Alpha report, released on April 22, indicates that despite the current state of uncertainty in the United States economy, there are positive
The Dork Lord token (DORK) has seen an astonishing increase of +83,810% in its price, catapulting its market cap from 168K to over 1.8M. The token, built on Solana, gained significant attention on Crypto X (formerly Twitter) after being endorsed by various SOL meme coin influencers and alert bots. Despite experiencing a quick rise in
The recent surge in Ethereum (ETH) price has been attributed to significant buys made by crypto whales, particularly suspected to be Tron’s founder, Justin Sun. This accumulation spree by Sun has brought attention to the optimism among Ethereum whales despite the fluctuating prices in the market. On-chain analytics platform Lookonchain highlighted a mysterious wallet that
Meta is set to revolutionize the world of mixed reality by opening up the operating system of its Meta Quest devices to third-party manufacturers, including big players like Xbox and Lenovo. This strategic move could potentially shape the future of the metaverse and make mixed-reality technologies more accessible to a wider audience. By partnering with
The Machines Arena is set to revolutionize the world of MOBA games with its unique approach to team-oriented gameplay. With two teams of four players competing in various modes, the game offers a fast-paced and challenging experience for players of all skill levels. The emphasis on teamwork is crucial for success in The Machines Arena,
The recent price crash in Cardano sent shockwaves through the market, leaving investors in a state of panic. However, with the market showing signs of recovery, analysts like CobraVanguard are optimistic about ADA’s future. CobraVanguard predicts a bullish continuation towards $1, indicating a positive trend for the altcoin. The price crash experienced by Cardano was
Data indicates that the Ethereum Open Interest has been trading at lower levels recently. The Open Interest refers to the total number of derivative-related contracts open for Ethereum on all exchanges. A rise in this metric indicates that investors are opening new positions, leading to increased market leverage and potential volatility. Conversely, a decrease suggests
