As per recent data stats, Ethereum’s zkSync Ecosystem has recorded a significant expansion outpacing polygon in total value locked. The ecosystem has now reached over $200 million.

While most coins are reeling under pressure, Bitcoin and select altcoins such as ADA, ATOM, LDO, and ARB are showing promise.

Bitcoin’s price has been dropping continuously over the last week, and there may still be more. However, the bearish momentum is much lower than expected, and multiple support levels are available for the market to rely on. Technical Analysis By: Edris The Daily Chart Looking at the daily timeframe, the price has been declining since […]

Former US Securities and Exchange Commission (SEC) lawyer John Reed Stark has raised serious allegations against Tether, popular cryptocurrency, calling it ‘counterfeiter’

The crypto space witnessed an eventful week with several key developments. Authorities in Montenegro agreed to release Kwon Do-Hyung, founder of the failed Terra ecosystem, on bail despite the US and South Korea calling for his extradition. Meanwhile, institutional adoption…

Toronto-based Ether Capital Corporation has released its unaudited financial report for the first quarter of 2023, detailing a decline in revenue from the previous year, but a significant increase in its digital asset holdings. The company reported revenue of $1.18 million for the first quarter of 2023, down 1% from $1.2 million for the same […]

Now-defunct Canadian cryptocurrency exchange Quadriga CX has reached a settlement to compensate former users with a 13 percent payout, according to a notice to creditors issued by accounting firm Ernst & Young late Friday. Ernst & Young documents show Quadriga owes 17,648 creditors a total of C$303.1 million ($222.3 million). These creditors include Canada Post […]

Two U.S. senators, James Risch of Idaho and Bob Menendez of New Jersey, recently introduced a bill. Designed to review El Salvador’s decision to adopt cryptocurrencies as legal tender. The bill, introduced on May 11, would require federal agencies to report on the financial stability and national security implications of El Salvador’s decisions. This follows […]

The post DigiToads (TOADS) Popularity Surpasses both Cardano (ADA) and Aptos (APT)Seasoned Investors  Now Shifting Focus appeared first on Coinpedia Fintech News DigiToads’ (TOADS) rising popularity and the fast-selling token is making this meme coin project investors’ favourite cryptocurrency to invest in.  Most new and credible crypto projects have shown a negative market trend in […]

Assets like bitcoin and Ethereum continue to show signs of recovering from the bearish market conditions traders and investors witnessed last year. The Many Bitcoin Developments Set to Occur Not long ago, the U.S. government seized more than $215 million in bitcoin taken from the Silk Road dark web market, started by Ross Ulbricht. While […]