Cardano has been struggling in the market over the last few weeks, completely erasing its gains from March. This continuous decline has put the digital asset in a perilous position as it has dropped drastically on the list of the top 10 cryptocurrencies by market cap. Cardano Bows Out To Toncoin And Dogecoin The first negative headwinds for Cardano began to blow when Toncoin, a cryptocurrency enjoy serious backing from Telegram, began to rise. As the Toncoin price rose, so did its market cap and in not time it was on its way to knocking a number of assets from their positions. After beating Do ..read more

In a recent interview with Fox on April 18th, Ripple CEO Brad Garlinghouse shared his insights on the crypto market, particularly weighing in on his recent forecast suggesting a doubling digital currency market size by 2024. In the interview, Garlinghouse also remained bullish on the long-term trajectory of the digital currency market despite recent market fluctuations, citing key factors such as the approval of spot BTC Exchange-Traded Funds (ETFs) and the upcoming Bitcoin Halving. He also emphasized the importance of regulatory clarity in driving market growth and expressed concern over US r ..read more

Kadan Stadelmann, the Chief Technology Officer (CTO) of Komodo, an open-source technology workshop, has raised concerns about the increasing centralization of the world’s largest cryptocurrency, Bitcoin. Stadelmann asserts that the rising centralization poses a threat to the fundamental principle of BTC as a decentralized digital currency.  Centralization Poses Existential Threat To Bitcoin According to Stadelmann, a worrying trend of centralization within the Bitcoin network could threaten the cryptocurrency’s decentralized identity. Citing the increasing concentration of mining pow ..read more

Shibarium, the layer-2 blockchain solution crafted by the creators of the Shiba Inu (SHIB) token, have unveiled a comprehensive update to its platform, promising enhanced performance and broader accessibility. This announcement was disseminated through the official Shibarium Network account on X, which emphasized significant user interface improvements and expanded wallet compatibility. Shiba Inu News: Shibarium Receives Major Upgrade A key feature of the new Shibarium update is its extensive support for multiple cryptocurrency wallets, reflecting a strategic move to accommodate a wider range ..read more

The digital gold rush is back on. With the next Bitcoin halving event just around the corner, excitement in the cryptocurrency world has reached a fever pitch. Google Trends data reveals a record-breaking surge in global searches for “Bitcoin halving,” with scores hitting an unprecedented 45 and analysts predicting a potential climb to a perfect 100 by the end of April. This unprecedented level of interest underscores the growing mainstream fascination with Bitcoin and the potential impact of this critical event. Bitcoin Halving: A Supply Squeeze In Action The primary purpose of the halving is ..read more

Cryptocurrency leader Bitcoin is in the limelight as Anthony Scaramucci, the founder of SkyBridge Capital, makes a daring forecast, envisioning BTC to reach an astounding $200,000 in the long run, as the digital asset continues to draw in investors from all around the world. Scaramucci Optimistic About Bitcoin Long-Term Growth SkyBridge Capital founder Anthony Scaramucci shared his insights regarding BTC’s long-term growth during a Thursday interview with Andrew Ross on CNBC’s Squawk Box. In the interview, Scaramucci delved into the early stages of Bitcoin adoption and how it could impact BTC ..read more

In a post on X, Frederik Gregaard, CEO of the Cardano Foundation, articulated the imminent advancements towards a decentralized governance structure, marked by the introduction of an interim constitution. This initiative precedes the anticipated Chang hard fork, which will herald the Voltaire era of community-driven governance on the blockchain. The Interim Constitution For Cardano Gregaard’s announcement emphasizes the critical role of the interim constitution in transitioning ADA towards full decentralized governance. “Cardano stands at the verge of a new era in decentralized governance. The ..read more

As the fourth Bitcoin halving looms on the horizon, the cryptocurrency world finds itself divided between optimism and caution regarding its potential impact on the market. With less than a day remaining until the scheduled event, industry experts are weighing in on what the future may hold for the world’s most popular digital currency. JPMorgan’s Skepticism In a recent report, financial powerhouse JPMorgan voiced skepticism regarding the immediate effects of the upcoming halving. According to analysts at the firm, much of the anticipated price increase has already been factored into the marke ..read more

In an interview with FOX Business, Ripple CEO Brad Garlinghouse detailed the company’s ambitious plans for growth over the next three years, highlighted by the launch of a US dollar-backed stablecoin and a strategic expansion in international markets amidst ongoing regulatory challenges in the United States. Ripple CEO Unveils 3-Year Growth Plan When inquired about the company’s growth story for the next three years, Garlinghouse began by underscoring Ripple’s significant international presence, with approximately 95% of its customer base located outside the US. “95% of our customers are non U ..read more

Crypto trader Avraham “Avi” Eisenberg was found guilty by a Manhattan jury in October 2022 of orchestrating a $110 million fraud scheme targeting the decentralized finance (DeFi) protocol, Mango Markets.  According to prosecutors, Eisenberg, operating under a false identity, allegedly engaged in market manipulation to drive up the price of Mango’s token, MNGO, and related contracts, ultimately exploiting an exchange feature to withdraw $110 million in cryptocurrency with no intention of repayment. Avi Eisenberg’s Manipulation Scheme Exposed During the trial, prosecutors revealed that Eise ..read more