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
On April 9, Dante Disparte, Circle’s Global Policy Head, discussed the Biden administration’s strategy for dealing with risks related to cryptocurrencies, especially focusing on stablecoins and their impact on illicit financing during an interview on Bloomberg TV. Disparte spoke with Sonali Basak and Tim Stenovec from Bloomberg Crypto about important topics concerning the crypto industry, … Read more
The cost for the native token of an NFT marketplace built on Solana significantly increased by approximately 70% following its addition to Coinbase, a widely-used crypto exchange. After being added to Coinbase with the “Experimental” tag, indicating new or less-traded tokens, the cryptocurrency’s price rapidly increased, reaching an astounding $2.2 peak. However, it then dipped … Read more