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A relatively new cryptocurrency project named Ethena is gaining notice for its innovative strategy that resembles hedge fund investing. This approach has resulted in substantial investments and excitement within the industry. The initial returns, approximating 37%, have been enticing. However, doubts about the long-term viability of Ethena are emerging due to the unpredictable nature of … Read more

On April 10, 2024, Uniswap Labs was notified by the U.S. Securities and Exchange Commission (SEC) of a potential legal dispute through a Wells notice. This is an initial warning before any formal legal action. The SEC, which is a regulatory body in the United States, sends out a Wells notice once they’ve finished investigating … Read more

The price of Cardano‘s native token, $ADA, has declined by 19.2% in the past month due to the broader cryptocurrency market downturn. Some believe that this drop places $ADA “in the right position” for an upcoming price surge. Last month on microblogging platform X, which was previously called Twitter, well-known cryptocurrency expert Ali Martinez shared … Read more

Bitcoin currently stands at $69,764. It tried but failed to surpass the significant mark of $70,000 during the previous week. The road forward is unclear due to deteriorating economic conditions and doubts about how the upcoming halving will affect traders. One explanation for the stock market’s uneasiness was the unexpectedly poor US inflation figures announced … Read more

Experienced trader and market analyst Peter Brandt, well-known in the cryptocurrency community for correctly forecasting Bitcoin‘s 84% drop in 2018, now believes Bitcoin is headed towards $80,000 in the upcoming period. Brandt pointed out in his latest post on microblogging site X (previously Twitter), that every Bitcoin bull market follows a similar trend: after reaching … Read more

Peter Schiff, the CEO of Euro Pacific Capital and a renowned Bitcoin skeptic, has advised investors it could be their final opportunity to convert their Bitcoin (BTC) assets into gold and silver. Failing to do so, according to him, may result in enduring poverty. After experiencing a significant increase of over 63% this year and … Read more

Over the past 24 hours, XRP‘s price has dropped by over 3% due to a broader cryptocurrency market adjustment. This correction appears to have been initiated by unexpectedly high U.S. inflation figures. Based on BBC’s report, US prices increased by 3.5% over the past year (March 2022), which is a larger hike compared to the … Read more

In simpler terms, Apple Pay users in the UK can now buy cryptocurrencies like Bitcoin from Coinbase using their iPhones. This new integration makes it easier and more convenient for people in the United Kingdom to invest in cryptocurrencies. Based on an article from Cointelegraph, Coinbase emphasizes the security and privacy perks when purchasing digital … Read more

As of April 9, 2024, Toncoin (TON), the native currency of The Open Network blockchain, has moved up a spot to rank as the tenth largest cryptocurrency by market capitalization. The price of TON jumped by 13% that day, reaching $6.65, which gave it a market value of $23 billion, surpassing Cardano‘s ADA token with … Read more

On April 9, 2024, the first day of the three-day Paris Blockchain Summit, Jan van Eck, CEO of VanEck, shared valuable information about the factors influencing the cryptocurrency market during an enlightening segment on CoinDesk TV’s “Markets Daily” show. The VanEck chief executive pointed out that Europe has taken a leading role in crypto regulations, … Read more