Cardano (ADA), the eighth-largest cryptocurrency by market capitalization, has weathered the recent market downturn and experienced a 14% price increase over the past week. This bullish momentum can be attributed to a combination of factors, including impressive ecosystem growth, strong technical analytics, and increasing investor confidence. Cardano TVL Soars, Stablecoins Gain Traction The recent Messari Q4 2023 report presents a vivid picture of the Cardano ecosystem. The network’s Total Value Locked (TVL) increased 166% quarter over quarter, reaching a record $450 million. This represents a remarkable 693% year-on-year (YoY) increase, demonstrating the rapid expansion of decentralized finance (DeFi) activity on…
Author: Crypto Flexs
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Currently, the cryptocurrency market is experiencing a significant rebound, with the price of Bitcoin (BTC) surpassing $50,000 for the first time in over two years as of February, signaling the possibility of a bull market starting in 2024. This optimistic outlook has been further strengthened by the recent approval of the BTC exchange-traded fund (ETF), which has sparked institutional demand for the cryptocurrency. Expectations surrounding the Bitcoin halving event scheduled for April 2024 are expected to further strengthen supply-demand dynamics, potentially pushing BTC into a new bull market phase. Investors are actively accumulating coins in preparation for this event, with…
Jupiter Asset Management’s compliance department canceled its investment in the 21Shares Ripple XRP exchange-traded product (ETP) due to regulatory issues in Ireland, resulting in a minor financial loss.Termination occurred due to compliance issuesJupiter’s internal compliance team cited regulatory issues surrounding the Ripple XRP ETP, leading to the cancellation of the company’s initial $2 million investment. Despite the ETP’s promising returns, regulatory uncertainty forced Jupiter to liquidate its holdings, resulting in a loss of $834.Ripple XRP ETP PerformanceJupiter’s first investment, 21Shares Ripple XRP ETP, returned 31.7% over one year. However, recent market fluctuations have seen its value fall 13.2% over the…
Worldcoin, Siacoin, and Bitget Token (BGB) were the biggest winners this week. Astar, Bonk, and Celestia were the biggest losers this week. During a week in which the cryptocurrency market cap hit nearly $2 trillion, certain assets saw significant gains while others suffered significant losses. Here is AMBCrypto’s roundup of the most notable winners and losers from February 11th to 17th. biggest winner World Coin Last week, World Coin (WLD) saw a significant price surge. The daily chart showed a noticeable upward trend, pushing the price to its highest since listing in 2023. Source: Trading View The week began on…
join us telegram A channel to stay up to date on breaking news coverage Get ready to meet. Today’s Top Cryptocurrency Earners: Polygon (MATIC), Celestia (TIA), Gnosis (GNO). Each coin adds its own flavor to the table. Polygon surged 2.34% and had a Greed/Fear Index of 76, while Celestia soared with an impressive 50% weekly gain. Gnosis rose 0.76% and its market capitalization exceeded $736 million. Additionally, eTukTuk is raising a whopping $1 million in pre-sales. There is a lot of excitement in the cryptocurrency space these days. As you progress, prepare to be fascinated by the stories behind cryptocurrency…
With the advent of digital currencies, the concept of financial stability has become more important than ever. Equilibrium Coin, a new cryptocurrency, is designed to provide financial stability and security to users. In this ultimate guide, we will explore the features of Equilibrium Coin and how it can help individuals achieve financial security. What is Equilibrium Coin? Equilibrium Coin is a decentralized digital currency pegged to a basket of assets including fiat currencies, commodities and other cryptocurrencies. This peg mechanism ensures that the value of Equilibrium Coin remains stable, making it an ideal choice for those seeking financial stability in…
Recently held Taipei Ethereum meetup Crosslink Taiwan 2019. It was a really cool event and a perfect opportunity for the Ethereum Foundation. Ecosystem Support Program To provide (ESP) Taiwan’s unique wave subsidy! The recipients are: đ Group 1: Ethereum-based technology projects: USD$5,000 awarded to each project certification (license: MIT): An OAuth-compatible service based on Ethereum credentials to authenticate users on websites.Ethereum Wallet SDK (License: LGPL-3.0): SDK that allows Dapps to connect with other wallets.Should be (license: Apache-2.0): A new compiler for generating Ewasm code from Solidity code. Event at Crosslink Taiwan. Pineapple is a pun on the Taiwanese word for…
Mocaverse, Animoca Brands membership network program, has partnered with OKX Wallet, Crypto.com DeFi Wallet, and Halo Wallet. This is intended to foster connections between the on-chain cultural economy and centralized finance (CeFi). Recently, Mocaverse introduced Moca ID, a decentralized identity (DID) that will promote user development by integrating with the Moca self-custody wallet. Moca ID serves as a conduit for users to simply explore multiple Web3 cultural exposures, including PointFi and SocialFi, and easily onboard into the Mocaverse ecosystem. User IDs from OKX wallet, Halo wallet and Crypto.com DeFi wallet can be used within the app to access the Mocaverse…
As the value of Bitcoin rose past $51,000, numerous long-dormant Bitcoin vaults began mobilizing long-unchanged unspent transaction output (UTXO). Cases involving âsleeping Bitcoinâ from 2009, 2010, and 2011 are fairly rare, but there has been a noticeable resurgence of older batches of coins since 2012 and 2013. (âŚ) Source: Bitcoin.com Cryptocurrency Investment Risk Warning Cryptocurrency assets are highly volatile. Your capital is at risk.Do not invest unless you are prepared to lose all your money.This is a high-risk investment and you should not expect to be protected if something goes wrong.advertising Read full disclaimer like this:good night Loading…
A dark cloud has been cast over one of the Australian Federal Police’s officers, Officer William Wheatley, after he was charged with an audacious cryptocurrency heist. Lost loot? At a whopping 81.62 bitcoins, it was worth $309,000 in 2019, but is now worth $4.2 million. This notable case builds on cutting-edge cryptocurrency tracking technology and raises important questions about digital asset security in the face of evolving cybercriminal tactics. From raids to riddles The story begins in January 2019, when federal police raided a home suspected of drug activity. Among the items recovered was a Trezor hardware wallet, a secure…