Category: News

Cardano (ADA) Enters Stage 3 That Will Trigger 4,500% Rally To $15

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Este artículo también está disponible en español. Cardano (ADA) is finally at stage three of this current market cycle, with analysts foreseeing a massive 4,500% price rally to $15. This projected price increase is set to offer dedicated investors and holders a small window of opportunity to make gains from the popular altcoin.  Cardano (ADA) Set Sights On $15 Price Surge Crypto analyst, Remi Benays has announced on X (formerly Twitter) that Cardano is at a crucial stage of this market cycle, characterized by potential price rallies to new all-time…

Trial of Celsius founder Alex Mashinsky begins

Lawyers representing Alex Mashinsky have argued that he “did not intend to defraud or harm anyone” — and the claims he made in weekly videos to Celsius customers were done in good faith. What Celsius case is about? Celsius Network was one of the biggest casualties of a brutal crypto winter in 2022, with the embattled lender suddenly freezing the withdrawals of 1.7 million customers. The company had suffered from a huge black hole in its balance sheet — and abruptly tipped into bankruptcy, blaming “extreme market conditions.”  While founder…

Bitcoin ETF By BlackRock Registers First Daily Net Inflow In 3 Weeks: What To Know

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Este artículo también está disponible en español. BlackRock’s iShare Bitcoin Trust (IBIT) registered its first daily net inflow in three weeks, leading to US spot Bitcoin exchange-traded-funds (ETFs) witnessing a combined net inflow of $12.8 million, data from Farside Investors confirms. BlackRock’s Spot Bitcoin ETF Attracts Net Inflows, How About Other ETFs? BlackRock forayed into the Bitcoin ETF space when the US Securities and Exchange Commission (SEC) approved IBIT in January 2024. Dubbed the world’s largest asset manager with a total asset-under-management (AUM) of $9 trillion, BlackRock’s entry into the…

Binance Issues Statement, Denies Involvement in $230,000,000 Hack of Crypto Exchange WazirX

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The world’s leading cryptocurrency exchange by trading volume is distancing itself from a cyberattack that recently compromised the WazirX trading platform. In a statement released today, Binance said that it has never owned, controlled, or operated WazirX and that it was not involved in the compromised wallet, contrary to speculation. “The WazirX team and Nischal Shetty continue to mislead WazirX customers and the market regarding the relationship between WazirX and Binance. Binance has not owned, controlled, or operated WazirX at any time, including before, during, or after the July 2024…

XRP ‘The Safest Investment To Make 100% ROI’ – Former Asset Manager Shares Price Targets

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Este artículo también está disponible en español. XRP is holding strong above a critical price level after weeks of choppy price action, now testing local demand to push higher. Many analysts and investors remain confident about a potential surge in the coming months, with some projecting significant price gains once XRP consolidates above current levels.  Related Reading One top analyst and former asset manager, Amdtrades, shares this optimistic outlook, predicting a price increase above $1.26 shortly. Despite the confidence, uncertainty lingers across the broader market.  The next few days will…

What is the U.S. dollar’s role in stablecoin ecosystems?

Stablecoins have seen explosive growth in the last four years, increasing from a $17.6 billion market capitalization to $170.6 billion. The number of holders has also skyrocketed from 3.78 million to 119.72 million. However, this growth brings critical questions. How safe is it to hold stablecoins? How secure are the assets backing stablecoins? Could stablecoins pose a threat to traditional banking systems, and how might governments react to such competition? Total market value of stablecoins by asset | Source: RWA.xyz These are essential questions, yet they are often ignored. The…

Trump Launches New Cryptocurrency Venture but Declines to Share Details

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Donald Trump has officially launched his family’s cryptocurrency venture, World Liberty Financial, during a livestreamed interview on the social media platform X. This announcement comes as Trump, the Republican presidential nominee, seeks to expand his influence in the digital currency space. However, the details surrounding the venture remain vague, sparking curiosity and skepticism alike. Limited Details on World Liberty Financial In the livestream, Trump did not elaborate on the specifics of World Liberty Financial or how it would function as a cryptocurrency trading platform. Instead, he pivoted to discussions on…