Crypto realized gains remained consistent throughout 2023, with only two consecutive months of loss in August and September.
Government-led investments in crypto are increasingly plausible – but not at that rumored size.
U.S. economic data on Thursday has sent rates and the dollar higher.
The UK High Court has declared that Craig Wright is not Satoshi Nakamoto, as he has been claiming since 2016.
Cardano is yet to venture into the $0.8 price level this year, despite most cryptocurrencies breaking past old price levels. Although the blockchain has seen some exciting developments, the price action has been a little bit behind when compared to its peers. However, Cardano continues to give investors a glimmer of hope, as activity keeps soaring to new highs. On-chain data shows that the active addresses on the Cardano network are spiking, with the monthly active count reaching its highest in the past year. Monthly Cardano Active Addresses Hit One-Year High Cardano’s active address count just hit a one-year high, signaling major network adoption and hinting at big things to come. According to data from Danogo, the active addresses in the past 30 days reached 596,915 on March 11, its highest since May 2023. Related Reading: Ethereum Is Not Done: Crypto Analyst Sets New $5,000 Target Interestingly, this number almost doubles the 279,000 active addresses recorded in September 2023, the lowest monthly active addresses in the past year. Active addresses are one of the few metrics to look at when measuring the adoption rate of cryptocurrencies. Notably, various metrics have shown a surge in activity on the Cardano network and its ability to process a high number of transactions. A further look at the chart data presented by Danogo shows that the monthly active addresses reversed to start a spike at the end of February after going on a free fall in January. Data from Cardano Blockchain Insights tells a similar tale of increased activity, with the active daily addresses steadying above 50,000 since February 29. Active addresses in the past 24 hours were 66,970. A similar activity metric from IntoTheBlock shows increased activity from Cardano whales. Its large transaction metric, which measures transactions greater than $100,000, puts the number of whale transactions at 6,810 in the past 24 hours and $73.86 billion in the past seven days. For comparison, Ethereum’s large transactions stand at $63.17 billion in the same time frame. The supply in the top 1% has also shown a strong accumulation from whales, spiking by around 60 million ADA on March 10. ADA To Reclaim $1? Interestingly, ADA has more than tripled from a $0.24 price in the monthly active addresses low in September. At the time of writing, ADA is trading at $0.79, up by 42% in the past 30 days. Related Reading: Dogecoin Influencer Sounds Critical Warning Alarm For Scams Targeting The Community ADA has been rejected at $0.8 twice this month already, but it is now on its way to retesting the price level again. If the bulls can push ADA above $0.8, this could give the cryptocurrency free rein to reach $1 for the first time since April 2022. Overall, the overall crypto market continues to retain a bullish sentiment, which could push ADA above $1 this month. ADA price at $0.78 | Source: ADAUSDT on Tradingview.com Featured image from Binance Academy, chart from Tradingview.com
The latest in blockchain tech upgrades, funding announcements and deals. For the period of March 14-March 20.
The indexing layer is also expanding to Avalanche and Celo.
Cordial Treasury gives all the software to the customer, not just a bit of a cryptographic key.
The QAN stack will serve as a key component in the country’s post-quantum security layer.
Notorious North Korean hackers Lazarus Group has returned to sanctioned coin mixing service Tornado Cash to launder $12 million worth of ether {{ETH}}.
Injective's inEVM now features Pyth price feeds, offering smart contract developers access to over 450 real-time market data.
After closing in on $74,000 early Thursday, the price of Bitcoin has fallen alongside prominent stocks following hot U.S. inflation data.
Tron founder Justin Sun deposited 120,000 ether worth $480 million into liquid restaking protocol Ether.Fi, according to blockchain data.
With the dual tailwind of bitcoin ETF flows and the upcoming halving, is bitcoin the best bet? Not so fast. Ethereum, the next biggest crypto asset by market cap, has a case of its own to make.
The social media giant's $60 million real-time data deal with Google is latest example of internet companies selling out their users who have nominally "consented" to share their personal information but have no control. Blockchains and ZK-proofs could help prevent corporate overreach, Nym CEO and privacy advocate Harry Halpin writes.
Binance said Nigeria is not one of its top markets amid recent issues with authorities in the African country. In a March 13 statement, the exchange revealed its extensive cooperation with local law enforcement agencies to promote the responsible growth of crypto in Nigeria. Over the past weeks, Binance and the Nigerian authorities have been […]
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"It is also an offence for any person to issue advertisements, invitations or documents relating to these products to the Hong Kong public without the SFC’s authorisation," the regulator stated.
The world’s most popular cryptocurrency has more than doubled in value over the past year, reaching a record-breaking high of $73,750 on March 12, 2024. And if a chorus of optimistic analysts and bullish market indicators are to be believed, Bitcoin’s skyrocketing journey may not be over yet. Related Reading: On Bitcoin And Nicotine: JPMorgan […]
BTC price strength wobbles on the release of problematic U.S. inflation data as traders brush off Bitcoin's moves around all-time highs.
Billed as “The Da Vinci Code meets Web3,” CypherClans harks back to the philosophy of the cypherpunk and Cicada 3301 movements.
Classic Minerals Limited, an Australian gold exploration company, and AuResources AG, a Swiss fintech startup, have begun a $60 million funding initiative to leverage blockchain technology to boost the gold mining and fintech sectors. The collaboration is designed to accelerate the development of Classic’s gold projects, particularly the Kat Gap Project in Western Australia and the Forrestania Gold Project, by avoiding traditional commodity trade funding. Blockchain-Backed Capital In a move that bypasses traditional banking channels, AuResources, backed by digital and tokenization-focused bank Black Manta Capital, will provide the initial $10 million in funding. This capital injection is intended to support Classic’s production capacity at the Kat Gap project and facilitate the development of the Lady Magdalene and Lady Ada deposits. By leveraging blockchain technology, the partnership introduces a new business model that aligns with the companies’ interests. Related Reading: Solana (SOL) Price Primed For 50% Leap: Experts Turn Bullish Classic’s Kat Gap project, situated approximately 170km south of Southern Cross, has demonstrated potential. It boasts a $41 million reserve at 2.5 grams per tonne (g/t) and additional inferred resources of $120 million at 2.19g/t within the area. Following a successful trial mining phase in mid-August 2023, the project has generated revenue, with gold sales surpassing $967,000 across the September and December 2023 quarters. The collaboration with AuResources aims to build upon this initial success, facilitating further exploration. In addition, Classic Minerals has acquired full control of the 500 km² Forrestania Gold Project Properties. The Forrestania Project, with a history of production and resources Inferred and Indicated, represents additional exploration and development for blockchain-backed financing. Gold Financing Enters The Digital Age After a long period of planning and support from investors, Ian Cooper, CEO of AuResources, expressed his excitement about the partnership by stating the following: Being able to reach this milestone today is the result of two years of dedicated work and the unwavering support of our investors. The entire team is proud to move forward, and we couldn’t have found a better partner than Classic Minerals. Furthermore, the financing structure, backed by gold “tokens” using distributed ledger technology, aims to provide investors with increased security and transparency. Related Reading: Euphoria Or False Dawn? Why The Ethereum $4,000 Party Might End Soon On the other hand, John Lester, Chairman of Classic Minerals, expressed his gratitude towards AuResources and Black Manta Capital Partners for their support, stating: The launch of this funding round firmly establishes Classic on the international stage. We are now poised to deliver exceptional value to AuResources, Black Manta Capital, and our esteemed shareholders. Overall, the partnership and the new funding strategy underscore the use and wider adoption of blockchain technology within the crypto asset industry and for traditional finance (TradFi) companies such as gold and other commodities. Featured image from Shutterstock, chart from TradingView.com
Nexo Card's holiday spending hits $50M, earning the FinTech Breakthrough Award for payment innovation.
The US led 2023's crypto gains with $9.3 billion, contributing to the global recovery of $37.6 billion after a tough year.
Discover how Polkadot's new SDK for Unity is transforming web3 game development, making it easier for creators to build on an interoperable blockchain.
In a landmark ruling, the UK High Court has declared that Dr. Craig Wright, an Australian computer scientist, and businessman, is not the author of the Bitcoin whitepaper, did not create the Bitcoin system, and did not operate under the pseudonym Satoshi Nakamoto from 2008 to 2011. The judgment comes as the culmination of the […]
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A third-party audit of the project reportedly claimed that Orb devices do not record users’ iris-codes onto persistent memory and that they only transmit codes through end-to-end encrypted messaging.
A UK judge said Dr. Wright is not the author of the Bitcoin White Paper and was not the person behind the pseudonym Satoshi Nakamoto.
With previous price achievements, Solana (SOL) has become one of the biggest cryptocurrencies in the market, garnering the attention of investors and traders as its price continues to rise, hitting a new yearly high of $172. Solana (SOL) Breaks Through All Critical Levels Solana has effectively reached a new 25-month high, reflecting a strong positive interest from crypto investors within the sector. Due to this, several market experts are predicting that the crypto asset reaching a new all-time high is on the horizon. Related Reading: Solana (SOL) Price Primed For 50% Leap: Experts Turn Bullish Crypto Jelle, a cryptocurrency trader and analyst has shared his insights on Solana’s latest rally on X (formerly Twitter) while noting the significance of the development. The crypto analyst pointed out that “SOL has surpassed every significant level preventing it from reaching new all-time highs.” This suggests that the digital asset could reach a new peak in the short term since there are only minor resistance levels ahead. Jelle is optimistic about Solana, asserting that he has been able to “hold SOL with ease ever since it was at $20.” Furthermore, he mentioned that he “does not have any plans of selling” his SOL holdings anytime soon, demonstrating his belief in the coin to soar higher. As Solana continues to rally, Jelle is confident that the asset will attract a lot of new retailers or investors. In addition, purchasing SOL serves as their entry point to position themselves for future gains. The post read: SOL has broken all major levels standing in the way of new all-time highs. I have been comfortably holding this one since $20, and I do not plan on selling it anytime soon. New retail will flock to Solana tokens, and buying SOL is their entry ticket. According to Crypto Jelle, SOL is one of the largest assets in his crypto portfolio alongside Injective (INJ). Jelle asserted that both crypto assets are currently moving in an upward trajectory, signaling the start of their bull run. Furthermore, he claims that SOL and INJ have reclaimed the top spot as the “altcoins market leaders.” Consequently, every other altcoin “will follow their lead” in this bull cycle. $208 Resistance Level Might Be Revisited Rekt Capital, a crypto expert has pointed out Solana’s potential to revisit the $208 resistance in the short term. At first, he underscored that the SOL is demonstrating strength similar to that of the 2021 bull cycle. Related Reading: Solana Open Interest Plunges 20%: What It Means For Price Since the digital asset broke out from the green zone, it has increased by over 118%. It has also increased by over 53% ever since it broke out of the Ascending Triangle. Due to this, he believes the “$208 resistance level might be tested again” in the coming months. So far, SOL has climbed by over 23% in the past week, indicating a rise in buying pressure in the crypto market. Featured image from Shutterstock, chart from Tradingview.com
Wright is not the pseudonymous founder of the Bitcoin network, a judge ruled on March 14.
Elizabeth Warren’s anti-crypto stance continues to draw criticisms from within the industry.