The price of Cardano ($ADA) may soon undergo a large upward movement as funding rates for the cryptocurrency on trading platforms are flashing bullish signals that could see its price keep on rising. According to on-chain analytics firm Santiment, exchange funding rates are a “vital metric to keep an eye” as extreme spikes in traders longing or shorting ADA are […]

On Monday (July 25), Reuters reported that Brazilian financial services giant XP Inc. (NASDAQ: XP) “expects to open its digital assets trading platform to clients by mid-August, initially offering bitcoin and ether but with plans to expand it by the end of this year.” As you may remember, on May 12, CoinDesk reported that XP planned to launch a crypto […]

Michael J. Saylor, Co-Founder, Chairman, and CEO of Nasdaq-listed business intelligence company MicroStrategy Inc. (NASDAQ: MSTR), says that it’s “pretty obvious” that $ADA, the native token of proof-of-stake (PoS) blockchain, is a security.  It is worth remembering that on 11 August 2020, MicroStrategy announced via a press release that it had “purchased 21,454 bitcoins at an aggregate purchase price of $250 million” to use […]

The meme-inspired cryptocurrency Shiba Inu ($SHIB) has kept on seeing its holder count grow even during the ongoing bear market, to the point now over 1.2 million Ethereum addresses hold SHIB, up from around one million eight months ago. Back in November of last year, the meme-inspired cryptocurrency saw its number of holders move past the 1 million mark even […]

Summary: Grayscale has added Apecoin (APE), Cronos (CRO), and Kyber Network Crystal (KNC) to its list of assets under consideration. The crypto-focused Wall Street Investment Firm known as Grayscale has expanded its list of assets under consideration to include Apecoin (APE), Cronos (CRO), and Kyber Network Crystal (KNC). The Grayscale team announced the new additions earlier today, explaining that their […]

A popular cryptocurrency trader that predicted this year’s Bitcoin ($BTC) bear market has predicted that the price of Cardano ($ADA) is set to drop in the near future as the cryptocurrency is “getting weaker and weaker” based on its chart. According to pseudonymous cryptocurrency analyst Capo, Bitcoin’s support area around the $0.44 mark has now been tested six times and […]

Veteran cryptocurrency trader and market analyst Michaël van de Poppe has identified a key level to watch on Cardano’s $ADA chart as the cryptocurrency attempts to break out upward. The trader noted the level may be a “party time trigger.” In a tweet shared with his over 600,000 followers on the microblogging platform, the trader noted that the “party time […]

On Tuesday (July 5), Cesare Fracassi, Chief Economist of the Coinbase Institute, explained the “recent decline in crypto markets” in a research report titled “Coinbase Institute Research: Crypto Prices and Market Efficiency”. Fracassi’s report, which was published earlier today on the Coinbase blog, started by saying that “over the last eight months, the market capitalization of all cryptocurrencies went from […]

IOHK  has finally launched its Vasil Hard Fork Upgrade on the blockchain’s Testnet The mainnet launch is scheduled to take place by the end of July 2022.  After much anticipation, the Vasil Hard Fork upgrade has finally been launched on Cardano Testnet. With this upgrade, Cardano is now one step closer to its mainnet launch which is slated to go […]