The latest price analysis by Coinidol.com report, Cardano (ADA) price, which was trading horizontally, has now risen above the moving average lines. Cardano price long-term forecasts: bearish The altcoin rose to a high of $0.27 on October 2, but encountered resistance. The market is overbought near the recent high. Since August 20, buyers have unsuccessfully attempted to break above the […]

Cryptocurrency mining in Uzbekistan is overcoming major changes as the country’s major crypto market supervisor has approved a framework for licensing crypto mining operations. Uzbekistan’s National Agency for Perspective Projects (NAPP) issued a decree on licensing cryptocurrency mining operations, limiting such activities exclusively to legal entities. Apart from banning individual miners’ operations, the NAPP has also required firms to only […]

FTX scandals finds $8 billion in customer funds reportedly unaccounted for, with many facing severe financial losses. His defense – FTX is not based in the US, and SBF diligently adhered to all regulatory requirements concerning FTX US. SBF’s assertion about the lack of regulations governing customer funds usage is erroneous, and wire fraud allegations exist regardless. The FTX scandal […]

Acclaimed author Michael Lewis has just released his latest book, “Going Infinite,” and it’s already making waves in the cryptocurrency community. But what is the real shocker? In mid-2021, Bankman-Fried, founder of crypto exchange FTX, proposed to buy back FTX shares from Binance’s CZ for a whopping $2.2 billion—a stark increase from Binance’s initial purchase price of $80 million in […]

Sergey Nazarov, the creator of Chainlink, recently shared his thoughts on the potential for mass adoption of cryptocurrencies, particularly in the context of a failing banking system. Sergey Nazarov is best known as the co-founder of Chainlink Labs, where he has spent nearly four years helping to develop hybrid smart contracts. Before Chainlink, he co-founded SmartContract, a company that connects […]

The high-profile trial of former FTX CEO Sam “SBF” Bankman-Fried kicked off on Oct. 3 with plenty of activity both inside and outside of the cramped Manhattan courtroom. Journalists, crypto influencers and other gawkers reportedly gathered in a media overflow room to take notes on the day’s events. Here are some of the most colorful observations about the day. Noticeably […]

Bitcoin price started a downside correction below $28,000. BTC is now testing the $27,200 support and might start a fresh increase in the near term. Bitcoin is moving lower below the $28,000 and $27,800 support levels. The price is trading below $27,500 and the 100 hourly Simple moving average. There is a short-term bearish trend line forming with resistance near […]

The U.S. Securities and Exchange Commission (SEC) experienced a setback in its legal battle against Ripple, a prominent digital payment protocol and cryptocurrency (XRP). The SEC’s motion to appeal a previous loss was denied by District Judge Analisa Torres, sparking various reactions within the crypto community and impacting XRP’s market position. Let’s delve into the details of this case and […]

A recent analysis by an analyst has painted a clearer picture of just how volatile the crypto market has been, especially for those who took their chances on lesser-known altcoins a few years back. The analyst studied the top 100 cryptocurrencies as they stood in December 2017 and found that the fortunes of these digital assets varied significantly over the […]