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Cardano price fall reduced the value of the altcoin by more than 27% last week.
The chances of recovery are more likely than ever as ADA has seemingly bottomed out.
Whales, too, are opting to pull back until then, as their volumes have slipped by 30% in two weeks.
Cardano price has steadied significantly after the draw...
According to on-chain analytics firm Santiment, Cardano posted new highs in key metrics when its price plunged in the wake of SEC lawsuits against Coinbase and Binance.
The SEC lawsuit filed against the two biggest crypto exchanges labeled Cardano's ADA as an unregistered security. Cardano Builder IOG maintains that under no circumstances does ADA qualify as a security.
📈 The #Cardano capitulation happened more notably than other #altcoins du...
Bitcoin dominance is once again reaching a near 50% high, echoing the trend seen during the prolonged bear market between 2018 and 2022, per data provided by TradingView.
"Bitcoin dominance" refers to Bitcoin's market capitalization as a percentage of the total cryptocurrency market cap.
A high dominance index reflects investor preference for Bitcoin over other cryptocurrencies. Bitcoin dominance has witnessed a considerable increase of 4.1%...
The crypto market has recently seen one of its most devastating corrections of the year, resulting in roughly $350 million worth of longs being liquidated. Over a brief yet tumultuous span of two-three days, the majority of altcoins saw their values plummet by an alarming 30%. The descent into market turmoil has left investors reeling, trying to make sense of the rapid erosion of their portfolio value.
In addition to the heavy losses borne b...
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Polygon network’s token MATIC, Cardano and Solana prices declined in double-digits since Friday as Bitcoin dominance continued to rise.
BTC dominance increased to 45.91% at the time of writing, observing a 1% increase since Friday.
The Securities and Exchange Commission has labeled ADA, MATIC and SOL as securities, inc...
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Cardano network’s developer Input Output Global slammed the Securities and Exchange Commission’s move to label ADA as a security.
The developer says that under no circumstances is Cardano a security under US securities law.
ADA price declined 14.8% over the past week.
The US Securities and Exchange Commission (SEC) ...
Prominent billionaire and tech mogul Mark Cuban has drawn attention to the recent regulatory storm surrounding the cryptocurrency industry, shedding light on the SEC's alleged hypocrisy in its approach. He specifically addressed the regulator's proposal to enforce transparency in the securities lending market, highlighting the contrast between its treatment of traditional stock loans and cryptocurrency assets.
Cuban emphasized the SEC's dif...
Here are the top three news stories over the past day presented to you by U.Today.
Cardano (ADA) among cryptocurrencies at risk of delisting on Robinhood
The Robinhood trading platform is currently reviewing its crypto offerings after the U.S. Securities and Exchange Commission (SEC) issued lawsuits against the two flagship cryptocurrency trading platforms, Binance and Coinbase. In its lawsuits, the regulator stated that a range of cryptocur...
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Total value locked on Cardano and Solana networks on a monthly basis suffered nearly no negative impact.
The SEC classified these assets as securities in its lawsuit against Binance and Coinbase, with no major impact on their value.
An expert at crypto investment firm Arca said that the SEC’s classification of tokens a...
Dawn Fitzpatrick, CEO and chief investment officer of Soros Fund Management, remains optimistic about the future of cryptocurrency, despite recent setbacks in the market.
Speaking to Bloomberg, she highlighted the ongoing opportunity for incumbent financial firms to take the lead in the sector.
Fitzpatrick referred to the recent legal issues faced by crypto giants Binance and Coinbase, sued by the Securities and Exchange Commission (SEC), as...
