The post Crypto Market Moves: Cardano Soars, Toncoin Sinks, SEC Adapts appeared on BitcoinEthereumNews.com.

Cardano (ADA) experiences 300% inflow surge amid “Chang” hard fork anticipation. Toncoin (TON) price drops 15% due to significant whale selling activity. SEC lawsuit against Binance no longer alleges Solana and Cardano as unregistered securities. In recent cryptocurrency news, Cardano (ADA) experienced a significant surge, while Toncoin (TON) faced notable whale activity. Additionally, a recent SEC update impacted major cryptocurrencies like Solana and Cardano. These developments were highlighted in a podcast by Altcoin Buzz, covering crucial updates in the crypto market. Cardano saw a remarkable 300% increase in inflows into its crypto investment products, according to the latest data. This surge is attributed to the upcoming “Chang” hard fork, set to enhance decentralization on the Cardano blockchain. The hard fork includes the adoption of a Cardano Constitution, which will establish governance principles. The increased investor interest in Cardano is seen as a strategic move ahead of this major upgrade. Meanwhile, Toncoin, the token associated with Telegram, witnessed significant whale activity. Over a seven-day period, large holders sold appr… The post Crypto Market Moves: Cardano Soars, Toncoin Sinks, SEC Adapts appeared first on Coin Edition. Source: https://coinedition.com/crypto-market-moves-cardano-soars-toncoin-sinks-sec-adapts/

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Filed under: News - @ August 1, 2024 8:18 am