Charles Hoskinson, the founder of Cardano, has expressed his perspective on the current state of the cryptocurrency market, emphasizing the importance of looking for the signal amidst what he termed “lots of noise in crypto”. Hoskinson, responding to recent adverse claims surrounding Cardano’s institutional interest and the health of its DeFi sector, passionately highlighted the ecosystem’s exceptional growth in a […]

In consideration of recent developments, a bill has been introduced to evaluate the feasibility of establishing a state-administered depository for cryptocurrencies, positioning North Carolina as the custodian of its Bitcoin and virtual asset holdings. However, the proposed study will thoroughly assess the costs and benefits associated with alternatives such as a privately managed depository or utilizing the depository of another […]

Parliament members in the European country of Slovakia voted in approval of lowering crypto taxes, among additional measures affecting cryptocurrency holders.  On June 28 the Slovakian parliament voted to approve an amendment that will reduce personal income tax for profits gained from the sale of cryptocurrencies that have been held by the user for at least a year. The taxes […]

Global investment titan BlackRock, which manages some $10 trillion in assets, has declared artificial intelligence a “mega force” that could create significant returns for investors in today’s “unusual” market. In its mid-year outlook report, the BlackRock Investment Institute detailed their thesis for increased investment in AI — pointing to multiple “disruptive” themes that could see the sector grow rapidly over […]

Bitcoin price is still facing a major hurdle near $31,000. BTC could correct lower below $29,800 if it stays below $31,000 for a long time. Bitcoin is still consolidating below the $31,000 resistance zone. The price is trading below $30,500 and the 100 hourly Simple moving average. There is a key declining channel forming with resistance near $30,200 on the […]

The Australian Securities Exchange (ASX) is unlikely to directly list a cryptocurrency on its exchange but could consider an “appropriately-backed” tokenized real-world asset such as gold. Speaking to Cointelegraph, Dan Chesterman, the ASX’s CIO and group executive of technology and data said while there are hurdles for it to directly list a cryptocurrency the company could consider listing tokenized real-world […]

Cryptocurrency analysts of Coinidol.com report, Cardano (ADA) is currently trading at the bottom of the chart. Cardano price long-term forecasts: bearish In short, the price of the cryptocurrency asset is between $0.24 and $0.30. Since June 10, the altcoin has been in a narrow price range. The 21-day line SMA or resistance at $0.30 has stopped the upward movement. At […]

MicroStrategy, a publicly traded software company, has once again invested heavily in Bitcoin, adding another 12,333 BTC to its already substantial holdings.  The purchase, which was announced by the company’s former CEO Michael Saylor, cost around $347 million at an average price of $28,136 per Bitcoin. MicroStrategy Goes All-In On Bitcoin As of June 28th, MicroStrategy now owns a total […]

A leaked draft document from the European Commission has shed light on the institution’s plans for the digital euro, providing an intriguing glimpse into the future of digital currencies. According to the draft, the EU Commission wants to establish an openly available digital euro while also putting some limitations on programmability and interest rates. According to the leaked document, the […]