On Jan. 5, 2023, the state of New York and attorney general Letitia James filed a lawsuit against Alex Mashinsky, the co-founder and former CEO of Celsius. The lawsuit claims that Mashinsky and Celsius defrauded “hundreds of thousands of investors, including more than 26,000 New Yorkers, out of billions of dollars worth of cryptocurrency.” Former […]
https://youtu.be/3Rnqst5qCgA Watch the video from 6:30 onwards These are some of the claims this film makes, which have already happened in their hypothetical HyperBitcoinized future of 2048: There is no poverty, devastation or war It's a time of creativity, abundance and peace Bitcoin protected human beings Bitcoin protected freedom Bitcoin revolutionized agriculture Because of Bitcoin,…
Read more
submitted by /u/Ivo_ChainNET [link] [comments]
ECB board member Fabio Panetta has woven his enthusiasm for blockchain technology and skepticism of cryptocurrency into an argument that supports both, albeit begrudgingly.
Senator Debbie Stabenow was one of the lawmakers behind introducing the Digital Commodities Consumer Protection Act in August.
We all remember the 10k BTC for 2 pizzas story but this one deserves a mention of it's own 12 years ago today, an individual decided to use his BTC to purchase 130 pounds of Colombian coffee beans from a seller located in Germany. not only did they have to pay shipping costs via international…
Read more
Following the overall decline in the crypto market, Cardano recorded a two-year low. The coin fell to $0.24 through a four-week bearish impact. ADA lost over 25% of its value through its fall in December 2022. Volatility remains one of the notable attributes of the crypto industry. Sometimes, the price action of crypto assets is the main attractive aspect for traders and Investors as they reap massively when there is high volatility. Related Reading: Solana Leads Crypto Market Gains, How Long Will This Continue? However, Cardano’s token is gradually staging a rebound this January. ADA has impressively reclaimed about a third of its lost value at the beginning of this year. At the time of writing, ADA is trading around $0.2687, indicating an increase over the past 24 hours. ADA price is spiking after a significant plunge the previous year. Currently, ADA boasts a market cap of about $9.123 billion and a market dominance of about 1.11%. Also, as per CoinMarketcap ranking, ADA is now rated in the 9th position of top crypto assets in capitalization. If ADA continues to stay in recovery mode and jumps above the $0.30 mark, it might replace Dogecoin taking the eighth top spot by market capitalization. Investors that bought ADA at the support level of $0.24 are minting profits, adding more pressure on the resistance at $0.27. Cardano Witnesses Whale Accumulation Cardano is witnessing more whale accumulation of its native token, ADA. Data from WhaleStats shows that huge holders of BNB tokens are now massively purchasing ADA. This trend places ADA at the top of the list of actively purchased tokens from the beginning of 2023. ADA has recorded about $250 million in its past 24-hour trading volume. This signifies about an 81.95% surge in its trading volume. The current report of the top BNB whales addresses shows that they hold a total of 19.9 million ADA tokens. This is worth about $5.19 million at the current crypto market prices. Price Sustainability For Cardano There are still doubts about the sustainability of the new Cardano bullish movement. Recall that these whales moved ADA tokens massively from their holdings last December. This brought a drop from 211,854 to 907 tokens in the ADA position size. Also, it created a price drop for Cardano as of December 2022 as ADA dipped without a correlation to the market trend. Related Reading: Bottom Signal: Bitcoin MVRV Ratio Falls To Three-Year Lows As per CoinCodex price prediction data, Cardano will still surge for the next month. ADA is recovering from the previous losses and might continue to mint more gains. The token has recorded 12 out of 30 as green days, equivalent to 40%. Also, with its new bullish trend, ADA will likely mint more gains in the next 24-hour high.
Lets have a small throwback to roughly nine years back to the 31st December of 2013, when BTC was actually having its bull market with a peak at $1.2k. This was also about the first time Bitcoin started to become more widely known from some coders or tech enthusiasts. So obviously with more fame also…
Read more
