In a tweet posted by the Cardano Foundation on Monday, the number of Cardano (ADA) wallets has surpassed the 2 million mark. The network reached the previous milestone of 1 million ADA wallets on May 22, 2021. During that period, the Cardano Foundation successfully implemented the Alonzo hard fork, enabling smart contracts on its network. Meanwhile, Charles Hoskinson, Cardano’s founder,…
Thailands oldest bank plans to become the majority shareholder of one the largest crypto exchanges in the country after a $536.7 million purchase. According to a Nov. 2 announcement, Siam Commercial Banks SCB X Group is expected to buy a 51% stake in Thailand-based crypto exchange Bitkub for 17.85 billion baht, or roughly $536.7 million, by the second quarter of…
Polkadot (DOT) looks poised to rally toward $100 in the coming sessions as it triggers a classic bullish reversal setup. Dubbed Inverse Head and Shoulders (IH&S), the technical structure appears when an instrument forms three troughs in a row, with the middle one, called the Head, being the lowest, and the other two known as the right and left shoulders…
Nick Clegg, VicePresident for Global Affairs and Communications at Meta Platforms, spoke at Lisbons Web Summit 2021 during a panel on Facebook and innovation in Europe. The worlds biggest tech conference has returned to a physical setting following a two-year, Covid-induced virtual hiatus. The event is showcasing an illustrious list of entrepreneurs, organizations and influencers at the cutting-edge of their…
On November 1, at block height 707,639, a blockchain parser caught two bitcoin whale transfers that moved approximately 19,876 bitcoin worth $1.2 billion in the mix of 2,819 transactions. Interestingly, the owner used a similar splitting mechanism the old school mining whale blockchain parsers caught, spending strings of 20 block rewards throughout 2020 and 2021. Bitcoin Whale Watching Bitcoin whales…
The Matrix is returning to the big screen with The Matrix Resurrections, and it’s set to launch alongside a range of NFTs. Per The Hollywood Reporter, social NFT platform Nifty’s will launch 100,000 avatars themed around The Matrix Resurrections, with a special “Red Pill” feature. The avatars will retail for $50 each from November 30; as in the original Matrix…
U.S. Senator Cynthia Lummis (R-WY), one of the most outspoken political advocates for Bitcoin, shared in an interview with CNBC on Tuesday that she believes Bitcoin is a decentralized commodity, and that the other crypto assets behave like securities. When questioned whether and to what extent crypto assets outside of Bitcoin were “here to stay,” Cynthia Lummis responded, “I do think…
The Chicago Mercantile Exchange (CME), one of the worlds biggest derivatives marketplaces, continues expanding its cryptocurrency derivatives offerings by adding a new Ether (ETH)-based product. CMEannounced Tuesday that it is planning to launch a micro Ether futures contract, sized at 0.1 ETH, enabling a new type of Ether exposure to institutional and individual traders. The new product will become the…
With Bitcoin (BTC) continuing to hold ground above the all-important $60,000 psychological threshold for two weeks running, a growing chorus of voices seems to be echoing the sentiment that the market may be in the midst of another Bitcoin season. This basically refers to a window of time where money flows from various altcoins back into the flagship cryptocurrency until…
In brief Ethereum has hit a new all-time high in price. The record high comes amid a surge in the Ethereum network’s hashrate. Ethereum (ETH) has hit a new all-time high price of $4,468.38 today, after breaking through its previous all-time high of $4,467 at approximately 9:30EST. The new price record coincides with an all-time high for Ethereums hashrate, the…
