Cardano Foundation has unveiled a new plan to make Cardano a bigger player in the crypto world. This six-part strategy focuses on several key areas to boost adoption. Fueling DeFi Growth A major focus is on improving Cardano’s decentralized finance (DeFi) ecosystem. They’re investing a significant amount of ADA (Cardano’s cryptocurrency) – in the tens…
Dogecoin (DOGE) is making headlines again, even after a recent price drop. This time, it’s because of a proposed Dogecoin ETF. ETF Application Update: A Step Forward A Swiss company, 21Shares, just listed their DOGE ETF on the DTCC (Depository Trust & Clearing Corporation). This is a big step, but it doesn’t mean the ETF…
Tether and Circle, two major players in the stablecoin world, recently added a whopping $1.5 billion to their supply in just a few hours. This massive influx of liquidity has everyone talking. A Huge Boost to Crypto Liquidity Tether minted a billion USDT, and Circle added another half-billion USDC – all within a short time…
XRP’s stellar performance in Thailand has made headlines, outpacing gold, stocks, and even Bitcoin. Let’s dive into the details. XRP’s Dominance According to Thai financial regulators and market data, XRP boasted a staggering 390% year-on-year return. This impressive performance has kept it at the top of the charts for nine straight months. August saw particularly…
XRP, a cryptocurrency, is experiencing a shrinking supply, which some analysts believe could lead to a significant price increase. Let’s break down why. A Limited Supply of XRP A crypto analyst, known as ’24HRSCRYPTO’ on X, points out that far less XRP is available for trading than many people realize. A significant portion is locked…
Altcoins are having a moment! Data shows that altcoins (cryptocurrencies other than Bitcoin) have significantly outperformed Bitcoin in recent months. Let’s dive into why. The Altcoin Rally: What’s Driving It? Three main factors are fueling this altcoin surge: More Corporate Money: Companies are increasingly investing in crypto, and a lot of that money is flowing…
The crypto market took a recent hit, with altcoins feeling the pain most acutely. A massive selloff, fueled by leveraged positions getting liquidated, sent shockwaves through the system. The Altcoin Bloodbath Ethereum dipped below $4,200, and other major altcoins like Solana plummeted by over 10% in a matter of hours. This fast and furious correction…
JPMorgan’s presence at Ripple’s Swell conference is causing a buzz in the crypto world. Scott Lucas, Head of Markets Digital Assets at JPMorgan, will be a speaker at the event. Wall Street’s Growing Interest in Crypto This isn’t just about JPMorgan. Other major financial players like BlackRock, Citi, Fidelity, and State Street will also be…
Despite Bitcoin’s recent price drop, some major players are doubling down on their investments. Michael Saylor’s Company Makes a Big Purchase Michael Saylor’s company, Strategy, just bought another 850 Bitcoin for roughly $100 million. That’s an average price of about $117,344 per Bitcoin. This purchase, made between September 15th and 21st, brings their total Bitcoin…
Cryptocurrency is booming, but so is the violence targeting its holders. A recent report revealed a shocking 170% increase in physical attacks related to crypto ownership over just six months. This isn’t just a few isolated incidents; we’re talking about 48 violent crimes globally, surpassing last year’s total. A huge chunk of these – about…
