The Cardano (ADA) community is abuzz with excitement as the highly anticipated Chang hard fork approaches. Intersect, a member-based organization for the Cardano ecosystem, recently provided comprehensive details and updates regarding the upcoming upgrade. The organization revealed that preparations for the Chang hard fork are nearing completion, with a target date set for Tuesday, August
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Ethereum (ETH) seems to have weathered the storm, with indicators pointing to a potential turnaround for the second-largest cryptocurrency by market cap. According to data from Glassnode, Ethereum’s Market Value to Realized Value (MVRV) lowest pricing level is at $1,687, suggesting that the bottom may already be in for the digital asset. This metric provides
Recently, crypto analyst @XForceGlobal has shared a video chart analysis focusing on Cardano (ADA), a cryptocurrency that has been labeled as a “dinosaur coin” by many in the current market. The analysis provided an in-depth look at Cardano’s position within the Elliott Wave cycle, suggesting that ADA is on the brink of entering a strong
The cryptocurrency market experienced a significant downturn recently, with Bitcoin plummeting below $50,000 in a sudden dip that took many traders by surprise. This abrupt market movement cascaded into other cryptocurrencies, resulting in widespread losses for investors. While Bitcoin has since rebounded by 20% and is now trading around just below $60,000, the impact of
Samuel Edyme, also known as HIM-buktu, is a multifaceted individual with a background in web3 content writing, journalism, and trading. His journey into the cryptocurrency space was not a smooth one, starting with a Ponzi scheme that led him down a path of learning and growth. Despite early setbacks, Edyme has emerged as a respected
Following the controversial arrest of Pavel Durov in France over the weekend, a wave of support has emerged from various celebrities and public figures. Notable names such as Elon Musk, Robert F. Kennedy, Vitalik Buterin, and Tucker Carlson have voiced their support for Durov amidst the legal turmoil he currently faces. The arrest of Durov
The US Securities and Exchange Commission has taken a firm stance against Hex founder Richard Heart’s efforts to dismiss the $1 billion securities fraud lawsuit filed against him. In a recent opposition brief filed in a New York federal court, the SEC argued that Heart’s motion to dismiss fails to address the well-supported allegations in
Recent developments in the cryptocurrency market have sent Bitcoin (BTC) on a rollercoaster ride, with prices experiencing significant swings in the past few weeks. However, a recent spike of over 6% in Bitcoin’s price is being attributed to Federal Reserve Chairman Jerome Powell’s announcement of a potential rate cut at the next meeting on September
Cardano, one of the most anticipated blockchain projects, has decided to postpone the highly awaited Chang hardfork to September 1, 2024. This decision was confirmed by Cardano founder Charles Hoskinson in a recent announcement. According to him, the delay is to give platforms like Binance more time to prepare for the hardfork. This move reflects
The recent announcement by the Federal Reserve regarding potential interest rate cuts has sparked discussions about the impact this decision could have on various markets, including cryptocurrencies. The U.S. benchmark rate for massive overnight money market loans currently stands between 5.25% and 5.5%. Federal Reserve Chairman Jerome Powell’s endorsement of future rate cuts has sparked