Cardano (ADA) rallied more than any of the top ten cryptocurrencies in the last week. The asset reached a new all-time high price and is now just shy of $3 as the Cardano price hangs at $2.90. Since July, the price has gone up well over 100%, making it one of the best performing assets […]
After more than 3 months of dropping below $50,000, Bitcoin has reclaimed this price level again in a recovery. The price dropped to a low of $29,601 in July. Shortly after that, it started its month-long recovery to reach $50,000 once again. During this period, Bitcoin has gained over 40% from the July low.The rise […]
Ethereum’s price has risen significantly between July and August. Most of the growth has been attributed to the staking of Ether and the recent Ether burning, following the London Hard Fork. Currently, over $23 billion worth of Ethereum (7,095,745 ETH) is staked on the platform. At the same time, approximately 73,800 ETH worth about $230 […]
There are a number of projects that performed particularly well over the past week. The first is the Solana project that positions itself as the Ethereum killer. The project has many similarities with Ethereum, such as smart contracts and hosting DeFi protocols. However, Solana completely supports Proof-Of-Stake and claims to be able to process more […]
Binance’s several regulatory challenges have significantly affected its operation in several countries. To ensure that these challenges are overcome, the exchange has taken some steps such as user education and enlightenment as well as hiring compliance experts in its offices worldwide. In another attempt to secure its users, the exchange announced it will require intermediate […]
One of Japan’s crypto exchanges Liquid has been attacked by hackers. The attack led to the loss of $80 million in users’ funds. The funds were stolen in various cryptocurrencies including Bitcoin, Ethereum, XRP and Tron. Over 107 BTC, 9,000,000 TRX, 11,000,000 XRP, and almost $60 million worth of ETH and ERC-20 tokens were stolen, […]
A high court sitting in London has ordered Binance to track and freeze the accounts of hackers who stole $2.6 million in crypto. This is coming on the heels of one of the exchange’s customers complaining of losing funds on the exchange. According to Reuters, Binance will be collaborating with Artificial Intelligence (AI) company Fetch.ai […]
Bitcoin is trading around $46k this morning at the time of writing while Ethereum is holding on to the $3,200 mark. It will be interesting to see whether the coming weekend will be marked by profit taking or a further rise. A coin that has had a stellar week so far is Cardano, up 40% […]
After four weeks of positively closing candles, Bitcoin’s trend seems to be pointing upwards again. From a long-term focus point, it would seem that the uptrend is indeed intact, despite the sharp 50% correction from the all-time high we noticed around $63,000 back in April.The $30,000 price mark proved enough for support and after a […]
Bitcoin is trading above $45k this morning, while most of the crypto market is seeing very healthy gains. At the time of writing, Cardano (which we’ve last week said could be the next major investment platform for Wall Street), is witnessing a 22% surge in value over its upcoming Alonzo update, which will allow Charles […]
