A recent video chart analysis by crypto analyst @XForceGlobal has shed light on the potential of Cardano (ADA) in the current market environment. Despite being labeled as a “dinosaur coin” by some, XForceGlobal points out that ADA may be on the brink of entering a strong upward phase, specifically identified as “Wave 3” within the
The recent arrest of Pavel Durov in France has garnered significant attention and support from various celebrities and public figures. Well-known names such as Elon Musk, Robert F. Kennedy, Vitalik Buterin, and Tucker Carlson have all come forward to show their solidarity with Durov in the wake of his arrest. Following Durov’s arrest, the cryptocurrency
In a surprising turn of events, Bitcoin (BTC) experienced a significant spike of over 6% following Federal Reserve Chairman Jerome Powell’s recent announcement. Powell hinted at a potential 25bps rate cut at the next meeting on September 18, causing a ripple effect in the cryptocurrency market. This unexpected news has added to Bitcoin’s already volatile
The US Securities and Exchange Commission has adamantly opposed Hex founder Richard Heart’s motion to dismiss the $1 billion securities fraud lawsuit, asserting its jurisdiction over the case. The SEC argued in a New York federal court filing that Heart’s attempt to dismiss the lawsuit does not adequately address the allegations outlined in the complaint
The Cardano (ADA) community is abuzz with excitement as the Chang hard fork, a highly anticipated upgrade, is set to launch soon. Intersect, a member-based organization for the Cardano ecosystem, recently provided comprehensive details and updates on the upcoming Chang hard fork. The organization revealed that preparations for the upgrade are nearly complete, with key
Samuel Edyme, also known as HIM-buktu, is a multifaceted individual with a diverse range of interests. As a web3 content writer, journalist, and aspiring trader, he has made a mark in the industry. Despite starting his crypto journey with a scam, Edyme did not let that setback deter him. Instead, he used that experience to
The Federal Reserve has hinted at a move towards lower interest rates as the benchmark rate for massive overnight money market loans is currently in the range of 5.25% to 5.5%. Fed Chairman Powell’s recent statement in Jackson Hole, Wyoming, indicated a shift towards rate cuts in the near future. This move is expected to
After a significant market crash on August 5th, Ethereum (ETH) seems to have found its bottom, according to certain metrics. Data from Glassnode indicates that Ethereum’s market value to realized value (MVRV) bottomed out at $1,687, signaling that the worst may be over for the second-largest cryptocurrency by market cap. This suggests that ETH could
The recent sudden dip in the crypto market, specifically in Bitcoin, was largely attributed to an overreaction from short-term holders. These investors, who typically hold onto their assets for a brief period, quickly liquidated their positions when faced with the initial decline in prices. This knee-jerk reaction led to further cascading effects in other cryptocurrencies
As the cryptocurrency market grapples with a period of uncertainty characterized by price stagnation and volatility, the Ethereum (ETH) network is gearing up for the highly anticipated Pectra upgrade scheduled for the first quarter of 2025. This significant upgrade has attracted the attention of bullish analysts who believe that it could serve as a catalyst
