Whales have been exiting the Cardano (ADA) network in droves as interest wanes, triggering notable selling pressure. On the other hand, Borroe Finance ($ROE) is witnessing heightened investor confidence as the network continues to stamp its authority in the Web3 space, making it a notable Filecoin and Polkadot rival. Borroe Finance Instigates AI-Powered Web3 Funding…
Bitcoin Layer 2 solutions have gained significant traction this year but have also drawn their fair share of criticisms. Mempool founder Mononaut has strongly criticized them and pointed out several drawbacks from a technical standpoint. Interestingly, Mononaut’s stance gains support as Bitcoin Ordinals founder Casey Rodarmor. Bitcoin Layer 2 Under Fire The main objective of…
In the dynamic world of cryptocurrency, few events have the potential to shake up the market quite like a Bitcoin (BTC) halving. As the supply of new BTC entering circulation is reduced by half, traders and investors alike brace themselves for the impact on prices and market sentiment. With the next BTC halving on the…
Chainlink (LINK) and Polkadot (DOT) traders seem to be shifting their attention to a new meme coin known as KangaMoon as the bull run of 2024 continues. With both investors seeking fresh opportunities, this new meme coin is set to stir excitement, offering a 290% ROI for early investors. As the market dynamics keep on…
Ripple’s CBDC platform offers the best chance for the network to gain mass recognition and conquer the trillion-dollar market. Ripple commands a lead in the market and is already working with over 20 countries that are in different stages of their CBDC development. Ripple Labs has developed a Central Bank Digital Currency (CBDC) platform. The…
The recent ruling by a Montenegran high court puts the onus of determining Do Kwon’s extradition destination on the country’s Justice Minister, Andrej Milovic. Do Kwon’s Extradition Still Undetermined The extradition saga involving Do Kwon, co-founder of Terraform Labs, takes another turn as Montenegro’s judicial system navigates a crucial decision. The recent ruling by the…
Virtual and crypto assets do not face any prohibition, as the Vietnamese Ministry of Justice has announced. As per the announcement, despite having no ban at all, the respective assets still require an adequate agenda for their regulation in the future. This pushes for the proper study and research on the respective assets. Finance Ministry…
Dogecoin maintains a price range between $0.19 and $0.20, facing resistance. A bull flag pattern emerges on the DOGE chart, signaling potential bullish momentum. Dogecoin, the meme-inspired cryptocurrency, is currently experiencing a period of consolidation as its price remains between $0.19 and $0.20. Despite encountering resistance from bears at this level, analysts maintain a bullish…
The meme coins sector of the crypto market is taking a big hit amidst a wider price decline in the industry. Recent lackluster price action has seen most cryptocurrencies struggling to maintain bullish price action for the majority of last week. This price decline has now been exacerbated with the latest escalation of tensions in…
Dubai, UAE, April 12th, 2024, Chainwire The recent interest in memecoins has generated enthusiasm within the cryptocurrency sphere, with many looking forward to what might be the next prominent meme token. During this, considerations emerge regarding the enduring value and utility of these assets. With memecoins capturing interest, the community is thinking about the long-term…