Meet Opeyemi, a writer and cryptocurrency enthusiast who has immersed himself in the complexities of the digital asset industry for over two years. His journey into the world of cryptocurrency was not his initial choice, but it has become a passion that drives him to unravel the mysteries of blockchain technology and share insights on
Recent on-chain data analysis indicates a concerning trend in the world of Bitcoin. Despite historical patterns showing that high demand often precedes price rallies, the current market dynamics are not aligning with this trend. Bitcoin demand growth has stagnated, with a significant slowdown since early April when the cryptocurrency was priced at around $70,000. According
In recent times, Cardano has been the subject of numerous optimistic forecasts, particularly in relation to the highly anticipated Chang upgrade. The upgrade represents a significant milestone for the network and has generated a wave of positivity among its proponents. An interesting bullish prediction comes from crypto analyst Alan Santana, who envisions a substantial surge
Binance, the world’s leading cryptocurrency exchange, has announced that it will be performing wallet maintenance for The Open Network (TON) on August 26. This maintenance will lead to a temporary suspension of TON deposits and withdrawals. However, it is important to note that trading will not be affected during this period. The maintenance is expected
Ripple caused a stir earlier this year with its announcement of launching a stablecoin known as Ripple USD (RLUSD). The CEO, Brad Garlinghouse, believes that this stablecoin could create a connection between the world of cryptocurrency and traditional finance. The stablecoin is set to be available on both the XRP Ledger (XRPL) and Ethereum, with
Bitcoin’s price has been experiencing a rollercoaster ride in recent days, with the bulls currently holding the upper hand as they push to surpass the $61,000 mark. However, weekends often bring a different dynamic to price action due to lower trading volumes. Traditionally, weekends see lower trading volumes compared to weekdays, which can impact market
Recently, a US federal judge made the decision to deny crypto exchange Kraken’s request to dismiss a lawsuit filed by the Securities and Exchange Commission (SEC). The SEC had alleged that Kraken was operating an unregistered securities exchange, broker, dealer, and clearing agency. The complaint from the regulator also stated that Kraken had been illegally
Former Binance CEO Changpeng ‘CZ’ Zhao has recently been transferred from FCI Lompoc II to the RRM Long Beach halfway house in California. This move has caused confusion among X users who mistakenly believed that he had been released. However, it is important to note that despite the change in location, CZ remains incarcerated. The
The DeFi Education Fund and the Blockchain Association have raised significant privacy and security concerns regarding the Securities and Exchange Commission’s (SEC) Consolidated Audit Trail (CAT). They argue that the CAT poses a threat to the financial privacy of participants in the digital asset market. The CAT, which has been operational since April, represents the
Cardano (ADA) has recently experienced a significant price surge in the crypto market, gaining over 14% in the last seven days. This surge has led to insights into how Cardano investors are likely to react to the current situation based on on-chain data analysis. Despite the recent price gains, Cardano has been underperforming since the