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Cardano, one of the most talked-about cryptocurrencies in the market, has made an announcement regarding the delay of its highly anticipated Chang hardfork. This unexpected news has stirred up discussions in the crypto community and has raised questions about the reasons behind this decision. According to the latest update, Cardano’s founder, Charles Hoskinson, confirmed the
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Bitcoin experienced a significant spike of over 6% following Federal Reserve Chairman Jerome Powell’s recent announcement regarding potential policy adjustments and a hinted 25bps rate cut at the next meeting in September. This unexpected news has brought about increased volatility in Bitcoin prices in recent weeks. Despite the market’s unpredictability, on-chain data from CryptoQuant is
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The US Securities and Exchange Commission has pushed back against Hex founder Richard Heart’s attempt to have its $1 billion securities fraud lawsuit dismissed, asserting that it has jurisdiction over the case. In its opposition brief filed in a New York federal court, the SEC argued that Heart’s motion to dismiss failed to address the
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Bitcoin’s recent crash below $50,000 on August 5 took the crypto market by storm, causing a cascade of losses across various cryptocurrencies. While the market has since bounced back, many short-term holders are still grappling with unrealized losses. Short-term holders, defined as investors who hold onto their assets for a brief period, are quick to
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Cardano (ADA) has recently been labeled as a “dinosaur coin” by many in the crypto community. However, a recent video chart analysis by XForceGlobal (@XForceGlobal) suggests that ADA may be on the brink of a strong upward phase, akin to what Solana (SOL) experienced earlier this year. This analysis delves into the Elliott Wave cycle
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The cryptocurrency market is currently experiencing a mixed period of price stagnation and volatility, leaving many investors uncertain about the future. However, all eyes are now on the highly anticipated Pectra upgrade for the Ethereum (ETH) network. Scheduled for the first quarter of 2025, this major upgrade has generated significant attention from bullish analysts who
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The recent security breach on the Indian cryptocurrency exchange WazirX has led to a comprehensive restructuring plan being put into place. However, the exchange has warned that external parties not invested in the platform may try to prolong the restructuring process for their own gains. These parties are said to be creating and maintaining “uncertainty”
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