Cardano Price Could Hit 500% Gains This Crypto Bull Run
Cryptocurrency analyst says Cardano’s price could increase 500% in the current crypto bull run based on previous bull cycle data and its current position relative to its all-time high.
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London Police Shut Down 43 Crypto Phishing Sites
London authorities recently blocked over 40 fraudulent crypto-related web domains involved in phishing scams by impersonating blockchain.com and others.
Prometheum ETH Test Depicts SEC’s Crypto Policy Fog
Crypto platform Prometheum will custody of Ethereum in a move set to challenge whether ether is a security and the feasibility of SEC compliance amid minimal guidance.
Bitcoin Miner BitFuFu’s SPAC Merger Hints
Bitcoin mining firm BitFuFu is preparing to go public in the US through a SPAC merger, signaling a growing demand for Bitcoin mining services.
Friendzone Builds on Polygon Blockchain for Social Media Revolution
Friendzone has launched on the Polygon proof-of-stake (PoS) blockchain, aiming to foster influencer communities using real-time adaptive pricing and reward distribution, allowing developers to create new apps for their audience.
Huge XRP Transfers Fuel Rally, Spark Buzz
Over 91 million XRP ($46 million) shuffled between wallets and exchanges, followed by a 2% price jump to $0.51. Possible reasons include a former Ripple exec teasing upcoming XRP news and Ripple’s legal strategy in the SEC lawsuit.
Biden Sets Sights on Crypto Mining’s Massive Energy Use
The Biden administration is moving to rein in the massive and growing energy usage and carbon emissions of the cryptocurrency mining industry through new reporting requirements, due to concerns these operations are overburdening electricity grids, raising consumer costs, and accelerating climate change.
Chow’s Quirky “Nobody” NFTs Make a Splash
Hong Kong director Stephen Chow’s Nobody NFT collection has seen over $23 million in trading volume since launching earlier this month as the community continues to grow.
Outage Causes Solana Price to Slide, But Recovery Possible
Solana suffered an outage leading to $3M in liquidations, but the price only dropped 1% and could recover if no further outages occur soon.
Binance Faces Uzbekistan Penalty Over Licensing
Uzbekistan fined crypto exchange Binance $8,200 for operating in the country without a license and will take it to court after Binance refuses to pay.