Ethereum ($ETH) could be worth over $6,000 according to a discount cash-flow valuation model, as Ethereum’s upcoming major upgrade is set to convert the cryptocurrency into an “equity-like instrument.” According to a report by Bloomberg Intelligence, Ethereum’s upcoming “Merge” upgrade that will move the network from a Proof-of-Work consensus algorithm to a Proof-of-Stake one where network validators can stake their […]

American rapper Snoop Dogg is set to issue unreleased music as non-fungible tokens (NFTs) on the Cardano ($ADA) blockchain as part of a collaboration with Cardano-based platform Clay Nation. The collaboration will also involve “iconic collectibles” and “limited edition ‘pitches’.” In a video promoting an upcoming Twitter Spaces meeting between Snoop Dogg and Cardano founder Charles Hoskinson, clay versions of […]

Cardano addresses with between $100 and $100,000 worth of the network’s native $ADA token have seen their percentage of the cryptocurrency’s supply rise to a new all-time high, at a time in which “whale tier” addresses hold an all-time low. According to on-chain analytics firm Santiment, Cardano addresses with less than $100 worth of ADA and with up to $100,000 […]

Florida governor Ron DeSantis says he’s working towards allowing the state’s government to accept taxes in crypto. According to a report by The Block, DeSantis made his comments during the signing of a financial literacy curriculum bill on March 22. During the press conference, the governor explained he had asked state agencies to begin preparing to accept tax payments in […]

Popular Bitcoin ATM operator Bitcoin of America has announced it added support for the meme-inspired cryptocurrency Dogecoin ($DOGE) on all of its machines, allowing users to buy and sell DOGE at hundreds of physical locations. According to a press release Bitcoin of America published, a company registered as a money services business with the United States Department of Treasury, published, […]

Nasdaq-listed cryptocurrency exchange Coinbase (NASDAQ: COIN) has added Cardano ($ADA) to its staking offering, allowing users to earn a yield on their ADA holdings on the exchange by participating in the network’s Proof-of-Stake mechanism. According to an announcement published by Coinbase’s Senior Product Manager Rupmalini Sahu, the rollout is part of Coinbase’s plans to scale its staking portfolio throughout the […]

The founder of Terra ($LUNA) has recently revealed that the Luna Foundation Guard (LFG) has raised $2.2 billion to create a Bitcoin ($BTC) reserve for the protocol’s UST stablecoin. Do Kwon’s words come shortly after the LFG raised $1 billion through a private sale. Terra is a Proof of Stake (PoS) blockchain in which LUNA is used to keep the algorithmic stablecoin’s […]

The transaction volume seen on the Cardano ($ADA) network has recently gotten close to the $70 billion mark, surpassing the volume seen on the Bitcoin ($BTC) and Ethereum ($ETH) networks. Cardano’s surging volumes come as the total value locked on its decentralized finance (DeFi) apps tops $400 million. According to data from Messari, Cardano’s daily transaction volume was at one point close to […]