Category: ADA

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Report: Revolut to Delist Polygon, Solana, and Cardano Amidst Evolving US Regulations

According to a report published on Monday, the British fintech firm Revolut plans to delist the cryptocurrency assets polygon, solana, and cardano from its U.S.-based platform. Revolut cited evolving regulations in the United States, and users will need to sell the three tokens by September 18th. Revolut Joins Bakkt, Robinhood, and Etoro in Delisting Specific…
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Exploring Crypto Whale Concentration: Unveiling the Rich Lists of the Top 10 Cryptocurrencies

In the past ten years, a myriad of digital currencies have emerged alongside bitcoin, forming a cryptocurrency ecosystem now worth $1.2 trillion. Within this realm, enigmatic figures known as crypto whales have played a pivotal role in the distribution, trading, and accumulation of coins across various projects. This study delves into the ten most valuable…
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The new frontier: Cardano founder Charles Hoskinson goes hunting for aliens and UFOs

Harvard astronomer Avi Loeb is leading the expedition and said the team had found a couple of bizarre objects. Cardano founder Charles Hoskinson is currently searching for an unidentified flying object — or some sort of space entity — that has crashed near the coast of Papua New Guinea in the Pacific Ocean. The search…
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Biggest Movers: XRP 9% Lower, as Price Falls From 10-Week High

XRP plunged by over 9% on Wednesday, as traders moved to secure profits following a recent ten-week high. This decline comes as overall market sentiment remains bearish, following last week’s actions by the U.S. Securities and Exchange Commission (SEC). Cardano was also back in the red today. XRP XRP, formerly ripple, dropped by over 9%…
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Biggest Movers: ADA, ATOM Rebound on Monday, as Bulls Buy Recent Dip

Cardano climbed higher to start the week, as bulls moved to buy the recent dip in price. The token dropped by over 30% over the weekend, as traders continued to react to the Robinhood delisting. Cosmos also rebounded, moving away from a one-year low. Cardano (ADA) Cardano (ADA) rebounded by nearly 5% to start the…
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Binance, Coinbase, Robinhood: A Week of Crypto Crackdowns and Regulatory Fallout — Week in Review

Seismic shifts have been occurring in crypto this past week, with the United States Securities and Exchange Commission (SEC) leaning remarkably further into what some call its “regulation by enforcement” approach, as the entity is now suing both Binance and Coinbase for securities laws violations. In other news, crypto firm Robinhood has decided to delist…
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Bitcoin Dominance Soars to 47.5%: Highest Level in a Year as Other Crypto Assets Suffer

On June 10, 2023, bitcoin is dominating with a market capitalization dominance of 47.5%, marking its highest level since this time last year, according to coinmarketcap.com. Meanwhile, ethereum’s dominance is holding steady at 20%, indicating that the recent dominance gains made by these two crypto assets have come at the expense of other digital currencies.…
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Biggest Movers: ADA, MATIC Plunge by Nearly 25%, Following Robinhood Delisting 

Cardano fell by over 25% on Saturday, as traders continued to react to the token being delisted from the Robinhood platform. The global cryptocurrency market cap is currently down by nearly 6%, following these developments. Polygon, which was also delisted, dropped to a one-year low to start the weekend. Cardano (ADA) Cardano (ADA) dropped markedly…
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Smart Contract Tokens and Defi Sector Suffer Steep Losses, Threatening TVL to Fall Below $40 Billion

The overall value of the crypto economy has dropped by more than 5% against the US dollar in the past 24 hours, with the top smart contract token sector losing more than 8% in the same time frame. The downturn has also affected the decentralized finance (defi) sector, with the total value locked in defi…
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Cardano Price Prediction as Research and Development Firm Input Output Responds to SEC’s Claims that ADA is a Unregistered Security – What Happens Next?

It’s been an ugly few days for ADA, the cryptocurrency that powers the Cardano blockchain, a decentralized smart-contract-enabled layer-1 protocol. ADA dropped another near 7% on Friday to hit $0.30 per token and is eyeing a retest of March’s lows. Losses on the week now stand at a staggering more than 20%, which would mark…
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