Cardano

Cardano Successfully Mints BTC as Big Phase Unveils for Network

Cardano attained a key milestone this week with the mainnet launch of anetaBTC. The anetaBTC protocol, which brings on-chain wrapped BTC to blockchains, saw its deployment on the Cardano mainnet on Aug. 8, marking a big step forward in blockchain interoperability. This long-awaited event brings Bitcoin to the Cardano ecosystem, allowing users to effortlessly interact with both coins. New BTC successfully minted on Cardano.🔄 Minted: 1.706 cBTC...

Cardano (ADA) Unveils Key Milestones Toward Full Decentralization

Cardano is making significant progress on its path to full decentralization, with recent updates showcasing major advancements. The latest weekly report, as of today, highlights important developments that are driving Cardano's evolution. The core technology teams have introduced a new node on the SanchoNet development network. This move brings the Cardano community closer to understanding governance features outlined in major CIP-1694. To ...

DOGE could lose to Cardano as Dogecoin struggles with a four-month-old barrier

Share: Dogecoin price bounced off the critical support and is on its way to test the resistance at $0.0822. DOGE’s falling value and Cardano’s rising prices have led to the difference in their market capitalization falling to just $200 million. Traders are currently the most active cohort at the moment after their concentration...

SHIB, DOGE, BTC, XRP Get Major Adoption Boost in US, Two ADA Pairs Delisted on Binance, Shiba Inu Smashes Big Milestone: Crypto News Digest by U.Today

U.Today has prepared the top three news stories over the past day. SHIB, DOGE, BTC, XRP now receive major adoption boost in USA: Details According to the latest press release by BitPay, its clients can now pay for everything, even for their mortgages and personal bank loans, by using any of 13 cryptocurrencies, including Shiba Inu, Dogecoin, Litecoin, XRP, Bitcoin and Ethereum. This became possible thanks to BitPay's new partnership with Met...

Bitpanda Addresses Large Transfers of SHIB, LINK, CHZ and Other Altcoins

Vienna-based Bitpanda, a prominent cryptocurrency exchange in Europe, recently saw the transfer of notable assets, including SHIB, LINK, CHZ and ETH, with a combined value of over $73 million. Concerns about the significant asset movement were first raised by Cyvers Alerts on Telegram, which utilizes AI-powered models to detect anomalous transactions within the crypto space. The alert prompted some attention and concern among users and stak...

Major US Bank’s Multi-Million ADA and DOGE Holdings Send Ripples Through Crypto Market

In a groundbreaking revelation, SoFi Bank, headquartered in San Francisco, has unveiled a staggering reservoir of digital assets, sending ripples through the crypto space. Per its second-quarter report for the current year, the bank's balance sheet has been bolstered by the colossal accumulation of various cryptocurrencies, most notably Cardano's ADA and the popular Dogecoin. Astoundingly, the bank's balance sheet now contains an impressive...

Down but not out: Cardano price might be primed for a comeback

Share: Cardano price is set to witness a potential trend reversal provided it flips $0.3043 into a support floor. The altcoin has not lost its investors’ interest as both retail and whale holders have been constantly adding to their wallets. Their presence on the network, however, is concerning as active addresses hit a 12-mont...

Cardano whales anticipate ADA price rally, scoop up highest token volume since September 2022

Share: Cardano whales and sharks that hold between 100,000 and 10 million ADA tokens are accumulating the altcoin.  Whale accumulation has hit the highest level since September 2022.  Cardano’s on-chain transaction volume is in a consistent uptrend, supporting potential ADA price rally. Cardano (ADA) network’s whale and shark...

Bitcoin (BTC) Dips Below $29,000 Despite Big PayPal News

Contents An early bull run? Extremely low volatility  Bitcoin has dipped below $29,000, currently trading at $28,873 on the Bitstamp exchange in spite of the substantial news from PayPal about its further foray into the cryptocurrency arena. As reported by U.Today, the global payments leader has further ventured into the cryptocurrency arena by launching its own stablecoin, known as PayPal USD (PYUSD). This represents a critical move in Pay...

Bitcoin Bull Run in Early Stages as Major Holders Accumulate: Bloomberg Analyst

Bitcoin's bull run seems to be in its early stages as major holders are rapidly accumulating the digital asset, according to Bloomberg analyst Jamie Coutts. A sharp increase in Bitcoin holdings among "residents," or long-term investors, is currently being observed, with these investors now possessing 74.8% of the entire Bitcoin supply. Additionally, 30% of Bitcoin has been moved to cold storage since 2020, resulting in a reduced supply on ex...
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