Cardano has continued to emerge as a strong contender in the cryptocurrency space, albeit the sector faces regulatory headwinds. This growth has been fueled by increasing retail investors showing their faith in the network’s potential. According to data from on-chain analytics firm IntoTheBlock, 66% of all ADA supply is now held by retail investors. This is a significant increase from […]

The Texas Senate Committee on Business and Commerce has passed legislation that would largely remove incentives for miners operating under the state’s crypto-friendly regulatory environment.  In an April 4 session of the committee, Texas lawmakers agreed to move forward in a 10-0 vote on Senate Bill 1751 first introduced by state Senator Lois Kolkhorst. The proposed legislation would amend sections […]

The cryptocurrency market has been hit with a wave of bad news recently, as several exchanges have announced their closure. In a recent post, Paxful, one of the world’s largest peer-to-peer bitcoin exchanges, recently announced its decision to suspend its operations due to key staff departure and regulatory concerns. Regulatory Challenges Force Paxful To Shut Down Paxful, a major player […]

Su Zhu and Kyle Davies, founders of the collapsed hedge fund Three Arrows Capital (3AC), have announced the launch of the crypto project Open Exchange, or OPNX. Both Zhu and Davies retweeted the April 4 launch announcement from OPNX chief executive officer Leslie Lamb, who said the exchange was open to “trade spot and futures immediately.” According to the CEO, […]

The world’s leading cryptocurrency, Bitcoin (BTC), has faced a significant resistance level of $28,600 for the past two weeks. However, despite local headwinds, Bitcoin’s natural volatility and ability to reach new local highs indicate that the resistance cluster is on the verge of breaking.  Bitcoin Trades Above Critical Levels According to the trading group “Birb Nest,” the recent surge in […]

Bitcoin may be able to break the $33,000 mark in the current rally if this historical pattern of an on-chain indicator is anything to go by. Bitcoin Realized Price-To-Liveliness Ratio Has A Value Of $33,200 Currently According to the latest weekly report from Glassnode, BTC is currently in a range that has historically been associated with a macro transitional phase. […]

The price of Litecoin (LTC) has broken through the moving average lines, but the uptrend is rejected at the high of $95. Long-term forecast for the Litecoin price: bullish The value of the cryptocurrency fluctuates above the moving average lines, but below the resistance at $95. This has been the case since March 23. The current price of LTC/USD is […]

Dogecoin (DOGE), the largest meme cryptocurrency by market capitalization, soared over 25% Monday after Elon Musk replaced Twitter’s blue bird logo with a dog-themed image, sparking fresh enthusiasm in the DOGE community. Following the changes, dogecoin’s price spiked to an eighteen-week high of $0.1045. Other metrics also witnessed a substantial uplift, with the coin’s daily volume surging over 613% in […]

After its 26% rally in the last 24 hours, Dogecoin (DOGE) has flipped Cardano (ADA) in market cap, making the meme coin the 7th largest asset in the sector. Dogecoin Has Observed A Strong Surge Over The Past Day While the cryptocurrency market as a whole has enjoyed some strong upwards momentum in the last few months, DOGE couldn’t quite […]