The market downturn since last week is driving investors to the edge. Opportunities are drying up across the board and the situation is not different with the leading meme coin DOGE. Several support areas have been lost, elevating the sellers’ presence and influence on Dogecoin price. Support at $0.075 must hold in the short term, otherwise, […]
Cardano’s Treasury Hits $1.5 Billion, ADA’s Price Rallies 8%
Cardano, one of the leading blockchain platforms known for its commitment to scalability, interoperability, and sustainability, has achieved a remarkable milestone with its treasury now standing at $1.5 billion. This substantial accumulation of funds reflects the growing confidence and support for the Cardano ecosystem. What makes this development particularly significant is the impending shift in […]
India Budget 2024: Understanding Government’s Revenue Budget
India’s Union Budget for 2024 will be presented by the Finance Minister on February 1, before the upcoming general elections. Every budget has some key components that determine the country’s economic policies. The revenue budget is one such component of the Union Budget. The revenue budget focuses on the projected earnings and expenditures of the […]
Dogecoin Price Analysis: Key Support Level to Watch Post-Bitcoin Halving
Dogecoin Price Analysis: On Saturday, the cryptocurrency market traded relatively stable despite the successful execution of the fourth bitcoin halving. This consolidation trend for a majority of major coins including Dogecoin continues, reflecting no clear dominance from buyers to sellers. However, the DOGE price holding its ground above the 50% retracement level indicates the broader […]
Terra Classic Community Turns Down Major Proposal; LUNC Price Retraces
The Terra Luna Classic (LUNC) community proposal to restore the number of validators to 130 was officially rejected. It became one of the two key proposals turned down by the community that would have helped boost the utility and security of the Terra Classic chain. Validators voted against the proposal reasoning it as selfish and […]
Grayscale Bitcoin Mini Trust ETF Sets Fee At 0.15%; Lowest Among Peers
Grayscale Bitcoin Mini Trust ETF will likely set its fee at 0.15%, making it the lowest in the market. The move, which has garnered immense traction from investors, will likely result in Grayscale getting a good hold of the market. Grayscale Bitcoin Mini Trust ETF Set to Have Lowest Fee The most recent filing Grayscale […]
Spot Bitcoin ETF: Proponents Calls For Vanguard Boycott
Vanguard Group Inc. which manages a staggering $8.6 trillion in assets, has adopted a cautious approach towards the cryptocurrency market, particularly after the debut of spot Bitcoin ETF in the United States. The firm, known for its traditional investment philosophy, chose not only to exclude spot Bitcoin ETF products but also removed futures-backed Bitcoin funds […]
Polkadot (DOT) Launches Runtime Upgrade And The Unexpected Happened
The much-anticipated Polkadot runtime upgrade has gone live on the mainnet. Unusually, the upgrade triggered a sudden halt on the blockchain’s parachains. Expectations from Polkadot Runtime Upgrade According to one of its parachains, Moonbeam Network, the runtime upgrade on Polkadot triggered a cessation in block production on other competing parachains. Moonbeam confirmed that its parachain […]
India Budget 2024: A Comprehensive Guide To Complex Financial Terms
As India eagerly awaits the Union Budget 2024, set to be presented on February 1 by Finance Minister Nirmala Sitharaman, the complex jargon associated with the budgeting process can be daunting. So, as the annual ritual of deciphering the Union Budget is approaching, some financial market enthusiasts might get concerned about the whirlwind of unfamiliar […]
AI Coins Rally After Bitcoin Halving, Here’s Why
The cryptocurrency sector witnessed a surge in AI coins following the recent Bitcoin Halving event, marking a significant shift in market dynamics. As the AI sector gains momentum, investors speculate on the driving forces behind this rally. Meanwhile, amid the ongoing discussions, a recent report from CoinShares sheds light on the evolving landscape, offering insights […]