In a noteworthy turnaround, Cardano (ADA) has registered its first “green” September in six years, boasting an impressive price increase of nearly 8%. This shift is particularly significant given that since its inception in 2017, the month of September has typically been unkind to Cardano, leading to skepticism about its performance potential. The recent uptick,
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The legal battle between the Securities and Exchange Commission (SEC) and Ripple Labs has taken another critical turn, as the SEC has decided to file an appeal against a federal court ruling that had a complex outcome for both parties. This latest development, registered on October 2nd, highlights a contentious relationship between a government regulatory
On October 2nd, a pivotal event unfolded in Zug, Switzerland, marking a significant moment in the blockchain community’s history. Charles Hoskinson, the founder of Cardano and CEO of Input Output, alongside seven other co-founders of Ethereum, was honored for their foundational contributions to what has become known as Crypto Valley. This recognition came during ETH10X,
In a significant move, Kraken has announced it will cease support for Monero (XMR) within the European Economic Area (EEA), effective October 31, 2024. This decision, communicated in an October 1 statement, is attributed to shifting regulatory landscapes in Europe that pose challenges for cryptocurrencies perceived as privacy-enhancing. As regulatory scrutiny intensifies, exchanges like Kraken
As October unfolds, Bitcoin’s trajectory is anything but predictable, defying pre-month expectations from many avid investors. Just as the potential for a continuation of its previous bullish momentum seemed imminent, Bitcoin has instead found itself in a precarious position. This downturn, which began at the end of September, has forced many to reassess their positions
The cryptocurrency market is no stranger to volatility, and recent events in the Middle East have exemplified how geopolitical tensions can lead to swift and significant price movements. Following an Iranian missile strike on Israel on October 1, Bitcoin experienced a staggering plunge of nearly $4,000 in just 24 hours. Starting at over $64,000, Bitcoin
In recent weeks, Cardano (ADA) has captured significant market attention, with a remarkable 26% surge in its price following announcements from the Federal Reserve regarding interest rate cuts. This decision not only boosted morale within the broader cryptocurrency landscape but also invigorated conversations among traders and investors regarding the coin’s potential for sustainable growth. However,
In the bustling world of blockchain gaming, few projects have managed to achieve the cultural phenomenon that was CryptoKitties. Launched in 2017 as one of the first widely recognized NFT games, this digital cat-breeding platform captured the hearts of gamers and collectors alike, introducing many to the concept of non-fungible tokens (NFTs) on the Ethereum
In an era where technology reshapes traditional sectors, the United Kingdom’s Financial Conduct Authority (FCA) and the Bank of England have embarked on an innovative journey with the introduction of the Digital Securities Sandbox (DSS). Unveiled as part of a broader effort to embrace financial technologies, this initiative is not merely an experiment; it is
The cryptocurrency exchange Gemini has conveyed its intention to discontinue operations in Canada by the conclusion of 2024, raising eyebrows across the financial and crypto sectors. An email dispatched to Canadian customers on September 30 outlined that, effective December 31, 2024, all Gemini accounts will be shut down, with limited exceptions. This announcement reflects not
