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Cardano (ADA) has reclaimed the $1 mark for the first time since April 2022, marking a significant milestone in its recovery. Over the past 24 hours, ADA surged more than 25%, reaching a high of $1.09. This remarkable rally has sparked optimism among traders and analysts, with many suggesting that…
India’s financial services secretary expressed deep skepticism about cryptocurrency, calling it a doubtful scheme, despite the nation’s top crypto adoption ranking. Indian Official Speaks Out: ‘Very Skeptical of Cryptocurrency’ M. Nagaraju, Secretary of India’s Department of Financial Services (DFS), expressed strong doubts about cryptocurrencies during the SBI Banking & Economics…
Stellar (XLM) has experienced a 50% price surge over the past 24 hours, making it the top-performing asset during this period. This surge can be attributed to the recent 10-K filing submitted by Grayscale Investments LLC for its Grayscale Stellar Lumens Trust. At press time, the altcoin trades at $0.45,…
With bitcoin reaching unprecedented heights, critics have come out in full force, dusting off age-old arguments. The tired accusations resurface: calling it a pyramid scheme, claiming it’s worthless because it isn’t physical, or likening it to the infamous Tulip mania. These overused jabs seem to have become a standard playlist…
In a Friday op-ed, Lionel Laurent, a Bloomberg Opinion columnist, argues that MicroStrategy’s debt-for-Bitcoin strategy will not be viable in the long term. Laurent recently recalled the fact that Citron Research had disclosed a short position in the company, making its shares plunge by more than 16%. As reported by…
The market uptrend sparked by Donald Trump’s November 5 US presidential election victory has entered its third week. Increased trading activity has pushed many major cryptocurrencies to new all-time highs, while lower-cap tokens have seen sharp value spikes, delivering significant gains to traders. Crypto whales have also taken notice, increasing…
The beginning of the weekend has turned out to be bullish for most of the cryptocurrencies, according to CoinStats. ADA/USD The rate of Cardano (ADA) has rocketed by 25.69% since yesterday. On the hourly chart, the price of ADA in the middle of the local channel. As most of the…
Serial tech entrepreneur Elon Musk has taken to his official account on the X platform to comment on his recent victory in the probe into his $44 billion deal of purchasing the aforementioned platform. DOGE founder and XRP community congratulate Musk The US Supreme Court has rejected the legal team…
A venture capitalist says emerging markets, particularly India, are becoming hubs for Web3 development due to attractive funding, talent, and ecosystems. India: Go-to Place for Recruiting Web3 Companies According to Tak Lee, CEO of Hashed Emergent, the declining share of Web3 development activity in North America and Europe is being…
Analyst Who Nailed 2022 Crypto Collapse Issues Warning, Says Bitcoin Could Hit Local Top Any Time – Here’s Why
An analyst who became popular after accurately calling the 2022 crypto meltdown is warning that Bitcoin (BTC) may hit a local top at any moment. Pseudonymous analyst Capo tells his 102,828 subscribers on the instant messaging platform Telegram that Bitcoin may abruptly retrace and give up its recent large gains.…