Cardano Price Prediction: The fear of spot Bitcoin ETF being a Sell-the-news event is gradually strengthening for market participants, as BTC price recently lost the $40000 mark. The intensified supply pressure prolongs the correction phase in the majority of major coins, including Cardano. As a result, the ADA price dropped from $0.617 to $0.46 within […]
Strike CEO Endorses Bitcoin While Calling Crypto ‘Garbage’
Strike founder and CEO Jack Mallers in an interview took a mocking jibe at cryptocurrencies while calling Bitcoin the future. Maller’s comments however come at a time when Bitcoin prices have been tumbling and have been range-bound for some time. Bitcoin is open for utilization, says Jack Mallers In an interview with Yahoo Finance, Strike […]
Crypto Communication Crisis: FINRA Finds Majority of Claims Misleading
The Financial Industry Regulatory Authority (FINRA) has identified a troubling pattern in the crypto communications of its member firms. An intensive examination found that 70% of these communications might infringe upon the established norms of fairness and balance mandated by the regulatory body. The sweep, initiated in November, scrutinized 500 retail communications, uncovering potential violations. […]
Algorand Gets Facelift With 4 Key Updates, ALGO Boom Incoming?
Algorand (ALGO) is making an interesting play to be a more functional blockchain. According to John Alan Woods Algorand CTO, four new Algorand updates are coming to the protocol in 2024 as part of its roadmap. Important Algorand Updates Coming on Chain In terms of Transaction Per Speed (TPS), John Woods said Algorand has now […]
Bitcoin ATMs & Kiosks Could Come Under Florida’s New Legislative Proposal
Republican Senator Colleen Burton has introduced Senate Bill 662, targeting Bitcoin and other virtual currency kiosks. This bill mandates state registration and supervision of virtual currency kiosk businesses to formalize the sector’s regulatory framework in Florida. The bill, officially titled “Virtual Currency Kiosk Businesses,” demands that these businesses register with the state to operate legally. […]
Ethereum ETFs: Hester Pierce Claims SEC Won’t ‘Repeat Same Mistakes’
For Ethereum ETFs, SEC commissioner Hester Peirce strongly believes that the securities regulator would not repeat the same mistakes it made in the run-up to spot Bitcoin ETF approval. Ethereum ETF Approval Might Come Without Hassle Award-winning Web3.0 host Zac Guzmán interviewed Peirce to discuss the regulation of cryptocurrency. During their discussion, he asked the […]
Here’s Why Binance Coin Price May Outperform Bitcoin Recovery in Coming Month
Amid the prevailing market downturn, BNB, the native token of leading cryptocurrency exchange Binance, has demonstrated remarkable resilience, consistently holding strong above the crucial $285 support level. As previously highlighted by Coingape, the Binance price is currently exhibiting a bullish flag formation on its daily chart, a development that suggests a potential for buyers to […]
Radiant Capital Commences 90-Day Debt Repayment Plan
Radiant Capital has initiated its debt repayment process following a financial setback due to a flash loan exploit. The cross-chain lending protocol, caught in a turbulent cyberattack earlier this month, witnessed a loss of $4.5 million. Nevertheless, in a recent announcement dated January 23, the protocol has reported a substantial initial repayment of 1,190 Ether […]
Breaking: UMA Launches Oval To Capture Oracle-Locked Value
Blockchain oracle UMA has launched Oval, a solution that lets Decentralized Finance (DeFi) lending protocols capture Oracle Extractable Value (OEV) by auctioning the right to liquidate positions. Uma Oval to Serve DeFi Protocols Precisely, with Uma Oval, these DeFi protocols will be allowed to tap the value that emerges during Oracle updates via the OEV. […]
Sui Price Prediction: Is $2 On The Horizon For Sui as Bitcoin Bleeds?
Sui price prediction: Sui, the Layer 1 blockchain, has recently emerged as a standout performer in the volatile cryptocurrency market. Despite facing some market fluctuations, SUI has demonstrated remarkable resilience, showing promise for its trajectory in 2024. In the last 24 hours alone, Sui has experienced a notable 9% surge, with its trading price hitting […]