Cardano (ADA) It is one of the tokens that is currently in the spotlight, with many projects achieving good results during the ‘Atcoin season’. Bitcoin’s dominance is cooling down. The token has been rallying in recent days, and one of the reasons for this resurgence has been revealed. Cardano whales are accumulating in post IntoTheBlock, a blockchain analytics platform on the Cumulative 1.89 billion ADA During that period. This amounts to an investment of more than $600 million. ADA token. Interestingly, their decision big holder It appears that this accumulation is already paying off, as most of it is said…
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A casual observer may dismiss the world of cryptocurrency as a simple virtual trading game similar to those who play it. Cryptocurrency Slots Casino For leisure. But just for your information, underneath this nonchalant exterior, there is a revolution going on. This digital gold rush, seemingly as significant as the 19th century gold rush, is not without its challenges, but it has the potential to reshape the global economy and redefine our understanding of money.Cryptocurrency and easy finance understandingCryptocurrencies are changing the money game. Now ordinary people can make their own financial choices without banks or governments. Central bank? not…
Chainlink announced the release of Stake v0.2 with a pool size of 45 million LINK. v0.1 Stakers will be able to migrate their staked LINK starting November 28th. The minimum stake for the community is 1 LINK and for node operators it is 1,000 LINK. Chainlink officially upgraded its staking mechanism with the release of the new Stake v0.2 on November 28th. v0.2 staking includes a pool of 45 million LINK, representing 8% of the blockchain project’s circulating supply. The Chainlink team announced that v0.2 is now live on the Ethereum mainnet, stating that existing v0.1 stakers will be able…
Posted 1 minute ago In ~ The hacker who stole $47 million from decentralized exchange protocol KyberSwap last week has promised to release a statement about potential transactions with victims later this week.The attacker, whose identity is still unknown, encrypted a message into an Ethereum transaction late on November 28, promising to issue a statement about the “treaty” on November 30.“I said I was willing to negotiate. In return, I received (mostly) threats, deadlines, and general unfriendliness from management. “It’s okay, I don’t care,” they said.“We can reschedule for a later date when we will both feel more civil, assuming…
ETF Hype Is Taking Markets on a Rollercoaster, Binance Is Making a Difference in Europe, and Is FTX Inspection Actually Referring to Dumb and Dumber?! This week we bring you these stories and more in cryptocurrency. Bitcoin tests $30,000 in ETF Momentum Bitcoin price has tested the $30,000 level twice this week as expectations rise for the long-awaited Bitcoin spot ETF. Ethereum and the broader altcoin market also saw gains. Even though published reports that a spot ETF had been approved were later retracted, several large market participants this week expressed confidence in an eventual U.S. spot Bitcoin ETF approval.…
Fineqia International, a leading digital asset and fintech investment firm, announced that its analysis of global exchange-traded products (ETPs) backed by digital assets showed a 53% increase in total assets under management (AUM) compared to the previous year. . This is a period of time to date (YTD) that continues to be of interest to investors. On a quarterly basis, total AUM decreased 13% in the third quarter after increasing 67% and 5% in the first and second quarters, respectively. To date, total AUM has grown slowly at 45%, showing an 18% premium growth compared to the underlying value of…
Ethereum recently Breaking through the $2,000 price range Spot Ethereum ETF registrations have started piling up in the US over the past 24 hours. New on-chain data shows a clearer sentiment among ETH investors, with many appearing to be prepared for the long haul. Data shows the amount of Ethereum held on exchanges has fallen since mid-last week to its lowest level since 2018. This means that there are fewer people selling Ethereum and more people holding it or staking it. Ethereum exchange supply plummets Although Ethereum is still down 2.57% over the past seven days, the cryptocurrency is currently…
Ethereum price fell from $2,130. ETH is showing some signs of weakness and may fall towards the $1,920 support area. Ethereum is slowly falling below the $2,060 area. The price is trading below $2,060 and the 100-hour simple moving average. The hourly chart of ETH/USD (data feed via Kraken) shows a major bearish trendline forming with resistance near $2,040. The pair may continue to decline towards the $1,920 support zone. Ethereum price decline continues Ethereum price began a new decline after struggling near $2,130. ETH hit a high of $2,132 and then began a decline. Like Bitcoin, it moved below…
The price of XRP has been under extreme pressure over the past few weeks, moving in tandem with general cryptocurrency market movements. The asset has fallen more than 20% so far this month and more than 7% last week. XRP’s overall market capitalization has plummeted to $26 billion over the past few weeks, with the total volume of assets traded on the last day falling by 11%. regulatory issues XRP price has recorded significant losses over the past few weeks due to bearish cryptocurrency market sentiment and regulatory concerns in the sector. Global cryptocurrency market capitalization has been under tremendous…
The U.S. Securities and Exchange Commission (SEC) has postponed approval of Franklin Templeton Digital Holdings’ spot Bitcoin ETF. However, it has called for public consultation on the risks associated with the product. Franklin’s Bitcoin ETF approval delayed, public input needed In a recently filed filing, Franklin Temptation Digital Holdings announced its intention to list a spot Bitcoin ETF on a stock exchange, as specified by the SEC. “As further described in the Notice,7 the Exchange proposes to list and trade the shares of the Fund, Series Franklin Templeton Digital Holdings Trust (“Trust”) pursuant to BZX Rule 14.11(e)(4). It manages the…