Litecoin plunged over 8%, briefly dipping to $104, and eventually recovering to around $113. The decline came after Google revealed it was conducting benchmark tests on its new Willow quantum computing chip, raising concerns over the impact on crypto privacy and wallet security in the market. Despite this, it continues to lead several prominent altcoins …
Tag: Cardano
Jun 08 2024
Cardano, Shiba Inu, Jasmy Catch Whale Fever as Large Transactions Spike
Cardano (ADA), Shiba Inu (SHIB), and JasmyCoin (JASMY) are experiencing notable price surges, each seemingly driven by increased whale activity. This week, transactions exceeding $100k on these networks have more than doubled compared to their average figures for 2024. According to Santiment’s latest, the surge in large transactions indicates heightened interest from large-scale investors, contributing …
Mar 11 2024
Crypto Price Analysis Feb-2: ETH, XRP, ADA, SOL, and BNB
Einsteinium appears to have found good support at $2,200 and has since returned on an uptrend, closing the week with a 3.6% price increase. XRP had a difficult week, and the sell-off did not stop. The personal wallets of Ripple’s chairman, who admitted holding over $100 million in XRP, were breached. Looking ahead, the current …
Feb 07 2024
Bitcoin Defends $34K, Chainlink and Aptos Soar by 6% (Weekend Watch)
Bitcoin is at the end of one of its most favorable and positive trading weeks in a long time. Several altcoins have outperformed the largest cryptocurrency, including Chainlink, Aptos, and Cardano. Bitcoin’s price slipped under the $34,000 level but the bulls managed to intercept the move and the asset stands just north of it as …
Oct 14 2023
Cardano Founder Says SBF Getting a Free Pass From the Media Shows the Levels of Corruption
Charles Hoskinson, the founder of the Cardano blockchain, has slammed the mainstream media and everyone who is trying to paint the wrongdoings of Sam Bankman-Fried as mistakes. Hoskinson said it seemed “extraordinary” to him that SBF, who he tagged the “Bernie Madoff of my generation,” was getting a free pass from the media because he …
Oct 06 2023
Cardano Maintains Dominance in Developer Activity Charts with Impressive Score: Data
Cardano topped the chart for developer activity over the past 30 days with an impressive score of 572. The network continues to eclipse several prominent projects such as Polkadot, Hedera, Chainlink, and Cosmos. Cardano has faced a setback in the second half of 2023 due to regulatory concerns or fierce competition from layer-2 networks such …
Oct 04 2023
Crypto Market Cap Adds $40B Daily as Solana (SOL) Explodes 14% (Market Watch)
The primary cryptocurrency fell by over $500 and dipped below $26,000 for the first time in about two weeks. Unlike last Monday, when BTC dumped hard, this time, the cryptocurrency went on the offensive and skyrocketed to an almost 7-week peak at $28,500. The altcoins are also well in the green, with notable gains coming …
Jun 15 2023
Cardano’s IOG Dismisses SEC’s Claim that ADA is a Security
The United States Securities and Exchange Commission is determining which crypto-assets are securities. Several altcoins, including Cardano (ADA), have been labeled as security by the SEC. Subsequently, Input Output Global (IOG) – the developing firm behind the Cardano ecosystem – released a statement dismissing SEC’s claims that ADA is a security. In a recently published …
Jun 14 2023
Bloodbath: The Reasons Behind SOL, MATIC, ADA, SAND Crash Today
Major cryptocurrencies like Solana (SOL), Polygon (MATIC), Cardano (ADA), and many others – are plummeting in value. Earlier this week, the United States Securities and Exchange Commission (SEC) filed a lawsuit against Binance, its CEO, and the US arm of the firm. The very next day, the SEC completed the one-two punch, filing another case …