Cryptocurrency News

29 April

ADA Set to Double? Cardano Price Analysis Signals Big Rebound

Cardano (ADA) is once again making headlines as technical indicators suggest the potential for a significant rebound. After months of sluggish price action, new analysis points to conditions that could trigger a 100% recovery in ADA’s valuation, sparking renewed optimism among investors and traders. Currently trading well below its all-time highs, ADA has shown signs of forming a solid base …

29 April

Is Trump Coin the Next Big Move? Massive Inflows Precede Private Trump Dinner

Trump Coin (TRUMP), a politically-themed cryptocurrency tied to former U.S. President Donald Trump, is drawing intense attention from traders and analysts alike after a surge in inflows totaling approximately $1.7 billion. The timing of this influx has sparked speculation across the crypto market, as it comes just days ahead of a highly anticipated private dinner involving Trump and key political …

29 April

Pi Network Set for Liftoff? Analysts Predict Major Rally on Key Breakout Signal

The Pi Network (PI) is once again capturing the attention of the crypto community, as analysts point to a potential major rally if a key breakout event materializes. Although still in its enclosed mainnet phase, excitement around Pi’s eventual public launch and ecosystem developments continues to build, sparking speculation about its future price trajectory. According to several market observers, Pi …

29 April

Election Promise: PPP Plans to Scrap Crypto Banking Rules in South Korea

South Korea’s major opposition party, the People Power Party (PPP), has pledged to dismantle restrictive banking regulations that have long burdened cryptocurrency exchanges, should they win the upcoming elections. This bold move signals a potential shift in the country’s approach to digital asset regulation, promising greater flexibility and innovation in the growing crypto sector. Under current regulations, South Korean crypto …

29 April

Bitcoin Hits the Aisles: Spar Supermarkets Embrace Crypto in Switzerland

Spar, one of Switzerland’s leading supermarket chains, has announced that it will now accept Bitcoin payments across its network of stores. This move marks a major milestone for cryptocurrency adoption in the retail sector, highlighting the growing acceptance of digital currencies in everyday transactions. According to the company, customers can now use Bitcoin to pay for their groceries and other …

28 April

WLFI Founders and CZ Talk Global Standards for Crypto Adoption

In a recent high-profile discussion, the founders of the World Legal Finance Initiative (WLFI) and Binance CEO Changpeng Zhao (CZ) came together to explore the future of cryptocurrency adoption and the creation of global standards to drive the industry forward. The meeting, which was held in a virtual roundtable format, focused on the critical need for unified standards to ensure …

28 April

New Ethereum Proposal Promises to Skyrocket Mainnet to 2,000 TPS

A new Ethereum proposal could significantly enhance the network’s performance, potentially scaling the mainnet to 2,000 transactions per second (TPS), according to a leading blockchain researcher. Ethereum has long been praised for its decentralized features and its broad adoption in the decentralized finance (DeFi) space. However, scalability has remained a challenge, with the network’s current throughput maxing out at around …

28 April

Oracle Error Wreaks Havoc: Term Finance Recoups $1M After $1.6M Liquidation

Term Finance, a decentralized lending platform, has managed to recover $1 million after suffering a $1.6 million loss triggered by a critical oracle error, according to an official announcement released today. The incident occurred when a malfunction in the oracle service feeding asset prices into the protocol caused incorrect valuations, leading to a series of forced liquidations. These liquidations affected …

28 April

Nike Entangled in $5M Lawsuit Over Defunct NFT Initiative

Nike is facing a $5 million lawsuit after the abrupt shutdown of its once-promising NFT project, highlighting the growing legal risks associated with the volatile digital collectibles market. According to court documents filed this week, a group of investors has sued Nike, alleging that the company misrepresented the long-term viability and value of NFTs sold under its now-defunct initiative. The …

28 April

Bitget Sues Eight Traders Over $20M VOXEL Market Manipulation

Crypto exchange Bitget has filed legal action against eight trading accounts allegedly involved in manipulating the price of VOXEL tokens, resulting in over $20 million in damages. In a statement released today, Bitget said it uncovered a coordinated effort by the accounts to artificially inflate the market for VOXEL, the native token of the gaming platform Voxies. The exchange alleges …