Charles Hoskinson’s Confidence in Cardano’s ADA
Cardano co-founder Charles Hoskinson has expressed confidence in the ADA cryptocurrency, but the current price performance suggests a more complex reality for the digital asset.
Cryptocurrency
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Tether Mints Another Billion USDT on Tron Network
Tether, the issuer of the USDT stablecoin, has authorized the issuance of another billion coins on the Tron blockchain, just two days after a similar release of 1 billion USDT.
Coinbase Expands Global Footprint with Canadian Dealer License
Cryptocurrency exchange Coinbase has received registration in Ontario as a limited dealer under the Canadian Securities Administrators (CSA), allowing the platform to increase its presence outside the U.S. as it faces regulatory challenges in its home market.
Dogecoin Embraces Bitcoin Ordinals With Runestone Airdrop
Inspired by the Bitcoin Ordinals Runestone project, a Dogecoin Ordinals initiative called Doge Runestone airdropped 30,272 Dogecoin NFTs this week, adopting a “free and fair” distribution model, and the collection has already seen significant trading activity with a current floor price of around $32.
Litecoin Surges Amidst Crypto Market Turmoil
Litecoin has emerged as an outlier in the crypto market amid broader turmoil, with the CFTC’s classification of LTC as a commodity contributing to its bullish performance.
Grindery Brings One-Click Crypto Payments to 800M Telegram Users
Grindery, a smart wallet solution backed by Binance Labs, aims to simplify digital asset transactions on Telegram by leveraging account abstraction and bootstrapping liquidity for TON-based tokens and dApps, enabling swift cryptocurrency transfers for the messaging platform’s 800 million users.
Ripple Launches US Dollar Stablecoin, Enters $150B Crypto Market
Blockchain firm Ripple has announced the launch of its own U.S. dollar-pegged stablecoin, marking the company’s entry into the $150 billion stablecoin market. The move will pit Ripple against industry giants like Tether and Circle, as the crypto firm looks to establish a presence in the rapidly growing stablecoin space.
Google Files Lawsuit against Crypto App Scammers
Google has filed a civil lawsuit against individuals accused of defrauding over 100,000 people globally through counterfeit cryptocurrency apps on the Google Play store. The legal action aims to set a precedent for user protection and combat growing crypto-related scams.
Bitcoin Long-Term Holders Selling to New Wave of Investors
Long-term Bitcoin (BTC) holders have started selling their holdings to a fresh cohort of new investors, igniting a surge in the cryptocurrency’s price and realized capitalization, according to an analysis report from Glassnode.
XRP Trading Volume Soars 80% Amid Crypto Market Chaos
Amidst a massive $400 million crypto bloodbath, XRP’s trading volume skyrocketed by an astonishing 80%, surpassing $4 billion, as investors scrambled to liquidate long positions, resulting in a surge of market activity.