Cardano ($ADA) has seen its development activity surpass that of other major cryptocurrencies over the past 30 days as the prices of most top assets in the digital currency space plunge and ADA itself is managing to hold onto the $0.50 level. According to data from cryptocurrency analytics firm Santiment, Cardano’s development activity, which tracks “the number of GitHub events […]

The top 2,000 whales on the Ethereum ($ETH) network have increased their Shiba Inu ($SHIB) holdings to the point that the meme-inspired cryptocurrency is at the time of writing their largest non-stablecoin holding excluding Ethereum’s $ETH, the network’s native currency. According to data from whale monitoring service WhaleStats, these whales currently hold, on average, $217 million worth of ETH and […]

Merchants using leading cryptocurrency firm Coinbase for their commerce solutions can now accepts payments in a wider number of digital currencies, including meme-inspired tokens Shiba Inu ($SHIB) and Dogecoin ($DOGE). In a new announcement Coinbase Commerce, a division of the Nasdaq-listed exchange Coinbase Global, reveled that as part of its goal to bring together consumers and businesses in the cryptoeconomy, […]

On Monday (June 27), Gary Gensler, the Chairman of the U.S. Securities and Exchange Commission (SEC), talked about crypto regulation during an interview with CNBC’s “Squawk on the Street” team. Gensler was nominated by President Joe Biden to Chair the U.S. SEC on 3 February 2021, confirmed by the U.S. Senate on 14 April 2021, and sworn into office on 17 […]

Elon Musk’s tweet has made Dogecoin soar 5% in the last 24 hours Musk had asserted that he will continue to Doge despite volatile market conditions  Elon Musk’s tweet has done wonders for Dogecoin, as the meme-inspired crypto has soared 5% in the last 24 hours. The internet’s Dogefather has bought Dogecoin amid the recent crypto crash and has asserted […]

Summary: Binance CEO, CZ, has pointed out that Elon Musk being sued does not necessarily mean he is guilty. CZ was responding to an article by the team at CoinMarketcap on the ongoing $258 billion lawsuit against Elon Musk, Tesla, and SpaceX for playing a role in running a ‘Dogecoin pyramid scheme.’ In an interview with Fortune magazine, CZ cautioned […]

Celsius Network’s withdrawal freeze earlier this month created an Ethereum ($ETH) arbitrage opportunity for patient traders, according to Cathie Wood’s Ark Investment Management, as staked Ethereum tokens started trading at a discount. Ark analyst Frank Downing noted in a newsletter that the cryptocurrency lender generated yield through institutional lending, mining, and decentralized finance (DeFi) lending. Part of that yield, the […]

The head of the Office of the Comptroller of the Currency (OCC) has issued a dire warning over crypto in the wake of the collapse of the Terra ($LUNA) ecosystem.  The OCC is “an independent bureau of the U.S. Department of the Treasury that charters, regulates, and supervises all national banks, federal savings associations, and federal branches and agencies of foreign banks. […]

On Thursday (June 9), Abby Johnson, Chair and CEO of Fidelity Investments, talked about the crypto during a fireside chat with Matthew Walsh, Founding Partner at Castle Island Ventures, on the first day of the Consensus 2022 event (June 9-12, 2022) in Austin, Texas. The Fidelity CEO said this about the current bear market: “I figure this is my third […]