Algorand (ALGO) has recovered from the bearish trend seen at the end of February 2023. From February 21 till May 8, ALGO recorded a loss of 45.13%, dropping to a low of $1.592. Despite the crash, buyers still pushed up the price of ALGO by more than 6% in the past few days. Traders are optimistic and are eyeing the next […]

While the cryptocurrency sector awaits a resolution in the prolonged Ripple lawsuit, Venture Capitalist Adam Cochran recently expressed his concerns on Twitter regarding the Securities and Exchange Commission (SEC) ongoing delay in formal rulemaking for digital asset transactions. He said that the current pace at which the SEC is embarrassing to the United States.  He also brought to light how […]

Crypto’s flagship cold storage tool, Ledger, is taking heat from the crypto community this week following a Reddit post from a Ledger co-founder that suggested that external companies could have exposure to user seed phrases on an opt-in basis. The situation is far from ‘cut and dry’ and has led to substantial dialogue throughout crypto communities around the degree of […]

Bitcoin Ordinals and BRC-20 tokens are not new yet and have not been very popular in the past. Modelled after ERC-20 on Ethereum, this protocol lets participants mint fungible and non-fungible tokens on Bitcoin. But, according to JAN3 CEO Samson Mow, it seems its days are numbered; in a recent interview, he doubted its longevity, saying, “These guys are basically […]

Shiba Inu ‘burns’ dominate headlines in 2023 as more whale addresses participate in the event. Notably, the Shiba Inu community burnt a massive 3.03 billion SHIB tokens in 24 hours. Blaze token currently leads as the top burner on the network. This record burn occurred in two separate transactions. The burning mechanism aims to remove excess tokens from circulation, causing scarcity and […]

The price of Polygon (MATIC) has fallen since May 11 and entered the oversold zone of the market. The cryptocurrency's value fell to a low of $0.82 before rising back above that level. Polygon price long-term forecast: bearish At the time of writing, the price of MATIC is at $0.86. The price movement was delayed by the presence of Doji […]

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Everyone keeps talking about crypto regulation as of late. It appears the topic has gained a lot of steam since crypto exchange FTX collapsed into a steaming pile of bankruptcy and fraud. Regulation Should Wait Until We Can Replace Those in Charge Under normal circumstances, […]

Ethereum managed to surpass the $1,800 price level initially, but it has been experiencing a period of consolidation recently. In the past 24 hours, there has not been much progress in the price movement. Similarly, the weekly chart shows that Ethereum has not made significant price advancements during this timeframe. The technical outlook for ETH is bearish, with indications of […]

After a disastrous week, the digital currency market , including the top 5 cryptos, is ready for a recovery. According to CoinGecko, the crypto market’s total market cap increased by nearly 2% in the past 24 hours. Although the broader financial market is still closely monitoring the US debt ceiling crisis, Bitcoin and Ethereum’s recent localized rallies, along with the […]