Norway, a country with a population of nearly 5.5 million, has been making significant investments in Bitcoin stocks. The government, with investments totaling $1.7 trillion for its citizens, now indirectly owns 2,446 BTC through its investments in crypto stocks. This increase in Bitcoin exposure is bullish news for the cryptocurrency market and paints a positive
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Intersect, the organization overseeing the development of the Cardano blockchain, has issued an urgent call for decentralized application projects on the blockchain to accelerate their preparations for Chang Upgrade #1. According to a statement by Intersect, more than 80% of stake pool operators on Cardano have already transitioned to the latest validator node, 9.1.0. However,
Semilore Faleti is a cryptocurrency writer who has delved deep into the world of journalism and content creation, with a specific focus on blockchain technology and digital assets. His passion for cryptocurrency stems from its efficiency in storing and transferring value, leading him to become a staunch advocate for its adoption. Over the course of
The crypto market has been buzzing with the news of a new bearish death cross for Bitcoin (BTC), the world’s largest cryptocurrency. A crypto analyst known as ‘Mags’ recently highlighted Bitcoin’s recent price movements and shared insights on potential future developments. According to ‘Mags,’ Bitcoin is facing a risk of further price stagnation before any
In a groundbreaking ruling, a United Arab Emirates court has officially recognized cryptocurrencies as a valid mode of salary payment in employment contracts. This decision marks a significant shift in the adoption of digital assets within the UAE and sets a new precedent for future cases involving crypto-related payments. The case involved a plaintiff who
Ethereum, one of the leading altcoins in the cryptocurrency market, has been facing challenges in keeping up with its competitors like Bitcoin and Solana. Over the past two years, Ethereum has experienced a decline of 47% against Bitcoin and has been underperforming Solana by 6.8x since early 2023. Market analyst DeFi Ignas highlights the reasons
Recent findings by blockchain investigator ZachXBT have shed light on a $1.3 million theft carried out by North Korean developers. These developers, using fake identities, injected malicious code into a project’s system, leading to the unauthorized transfer of funds. The stolen funds were moved to a theft address, then bridged from Solana to Ethereum through
Samuel Edyme, known by his nickname HIM-buktu, is a multifaceted individual with a diverse set of skills. His background as a web3 content writer, journalist, and aspiring trader sets him apart in the industry. Edyme has contributed to various publications such as AMBCrypto, Blockchain.News, and Blockchain Reporter, showcasing his deep understanding of the crypto landscape.
The recent surge in Cardano’s trading volume has caught the attention of many investors in the crypto market. With a 150% increase in trading volume over the last 24 hours, reaching approximately $477 million, it is clear that there is significant interest in ADA. Despite this surge, the price of ADA has not seen a
Cryptocurrencies have long been known for their complexity and barriers to everyday use. From transferring crypto to exchanges to converting it to fiat, the process has not been easy for the average consumer. However, the partnership between MetaMask, Mastercard, and Baanx is changing the game with the release of the MetaMask Card. This innovative debit