ADA, the token underpinning the Cardano blockchain, has jumped over 12% in the past 24 hours amid a recovering cryptocurrency market. ADA has widely outperformed its contemporaries in the last week due to a mix of bullish fundamental and technical factors. ADA Making Waves Cryptocurrencies were largely in the green Monday, giving investors hopes of a much-needed recovery after the […]

On Monday, Hong Kong’s Securities and Futures Commission (SFC) released a statement warning investors about the risks of nonfungible tokens, or NFTs, which have soared in popularity in recent years. The regulatory body wrote:  “As with other virtual assets, NFTs are exposed to heightened risks, including illiquid secondary markets, volatility, opaque pricing, hacking and fraud. Investors should be mindful of […]

Venhuizen, Netherlands, 6th June, 2022, Chainwire Web3 and Crypto incubators NFT Tech (NEO: NFT) and IBC Group have partnered with the open-source fashion design platform, Faith Tribe, to launch Fashion DAO launchpad, a fashion-focused launchpad for fashion brands and creators looking to make a breakthrough in the Web3 arena. The launchpad will enable fashion-focused companies to tokenize and/or enter the […]

On Monday (June 6), the $SOL, the native token of the Solana blockchain, is trading above the $44, having surged over 12% in the past 24-hour period, and at least one crypto analyst expects it to rally “harder than people think.” As you can see in the five-day SOL-USD price chart below, on Coinbase, $SOL was trading as low as $35.91 on […]

A new bill brought before the Michigan senate committee would – if passed – create a new blockchain and cryptocurrency commission to establish use cases and further studies of digital currencies within the Great Lakes State. Can the Blockchain Space in Michigan Be Expanded? Over the past several months, we have been privy to a world where politics and crypto […]

Elon Musk was embroiled in a war of words with Dogecoin’s co-founder over their abilities. At the center of the storm was Elon Musk saying that the Dogecoin creator had the coding skills of a 12-year-old. Despite the row, Musk has been one of the biggest supporters of Dogecoin and was instrumental in the token reaching new highs. Jackson Palmer, […]

After trading sideways at the $6 level since June, Terra 2.0 (LUNA) price dropped significantly today by over 20%, to a current level of $4.86. The recent drop is likely due to Do Kwon closing his Twitter so that only approved followers can see his Tweets. It’s unclear why LUNA’s founder closed down his Twitter, but the market is clearly […]