ADA

Cardano founder Charles Hoskinson seeks bipartisan support for crypto regulations

December 24, 2024 1 min read

Charles Hoskinson, who started Cardano, is looking for support from both parties for cryptocurrency rules by talking with Democratic senators, especially Senator John Fetterman. His plan is to make rules that match the fast changes in digital assets and encourage teamwork among political parties. Hoskinson believes that crypto goes beyond political divisions, highlighting the need for lawmakers from all parties to come together and look into the advantages that cryptocurrencies

The IRS insists crypto staking rewards are taxable income

December 24, 2024 2 mins read

Joshua Jarrett, a cryptocurrency investor, is in a legal dispute with the IRS over whether staking rewards should be taxed as income. Jarrett, who got a refund on taxes for staking rewards, claims these tokens should be seen as new property instead of immediate income, opposing the IRS in a new lawsuit. This case could greatly affect U.S. crypto investors, especially with increasing regulatory attention. Jarrett is asking for a

South Korea’s brief martial law declaration plunges stocks and sparks a $34.2B crypto trading surge

December 8, 2024 1 min read

Last Tuesday, South Korea went through a major political change when President Yoon Suk Yeol briefly declared martial law, which surprised many people in the country. The declaration was quickly taken back, but it caused a lot of uncertainty that negatively impacted the stock and cryptocurrency markets. The Kospi index dropped by 2%. Major companies like Samsung and LG Energy Solution saw declines of 1% and 2.8%, respectively. The government

BlockDAG’s $154.5M Presale Packs Features, Memereum Presale Packs Promises – Who Wins the Race?

December 3, 2024 4 mins read

In cryptocurrency, real, actionable developments attract more attention than promises of future potential. Memereum (MEME) garnered $3.04 million during its presale phase, indicating a growing interest in its insured lending platform and staking incentives. However, it’s still gearing up to launch most of its functionalities. On the other hand, BlockDAG (BDAG) has remarkably amassed over $154.5 million in its presale, fueled by its advanced technology and a solid plan for

XRP surges by over 20% in 24 hours, surpassing Tether (USDT) in market cap

December 2, 2024 1 min read

XRP (XRP) has surged in recent weeks, reclaiming its position as the world’s third-largest digital asset by market capitalization at $139 billion. This rise has displaced Tether’s USDT and reflects renewed market interest, particularly among retail traders. Factors like XRP trends on TikTok, speculation around a Ripple-issued stablecoin, and potential ETF approval are driving this momentum, according to Mena Theodorou, co-founder of Coinstash. Meanwhile, Bitcoin (BTC) continues to battle the psychological $100,000 milestone, trading

ADA and XLM Prices Recover: Whales Snatch Up This x550 Opportunity

November 29, 2024 3 mins read

Following recent downturns, Cardano and Stellar have begun to rebound in the cryptocurrency markets. Simultaneously, influential investors are turning their focus to a new opportunity that boasts the potential for astronomical returns, potentially amplifying investments by as much as 550 times. This captivating scenario is drawing widespread attention and may herald significant changes in the digital asset realm. Catzilla: Unleashing a New Era in Meme Coins 🔥 Greed? Challenged! 💥

Top 5 Altcoins That Could Help You Become a Millionaire in 2025

November 23, 2024 4 mins read

The crypto market continues to evolve, and altcoins are leading the charge for exponential wealth creation. For savvy investors, identifying high-potential altcoins could be the key to building a fortune. Here’s a breakdown of the top 5 altcoins that have the potential to make you a millionaire by 2025. >>>BUY $FXG TOKENS HERE<<< 1. FXGuys ($FXG): The Rising Star FXGuys and its $FXG token are making waves as one of

XRP Price Prediction: XRP Aims For ATH $5 While DeFi Coin Cutoshi Is Set To Hit $1 By Mid 2025

October 30, 2024 3 mins read

In spite of the ongoing legal issue between Ripple Labs and the US SEC, predictions are still flying around about the possibility of Ripple (XRP) coin hitting $5 in 2025. This is especially poised to happen if Ripple’s issue with the SEC reaches a “white-flag” resolution. Conversely, a new meme and DeFi coin, Cutoshi (CUTO), is raising eyebrows among retail and institutional investors as it showcases an excellent presale performance.

Altcoins Rallying! Monsta Mash Emerges as a Smart Alternative to Solana and Cardano

October 29, 2024 3 mins read

With noticeable changes, the dynamic terrain of the crypto industry, Cryptid – Monsta Mash ($MASH) has become a unique substitute for major players like Solana and Cardano. Monsta Mash attracts gamers and investors as altcoins gather since it presents a new viewpoint on the direction blockchain technology and cryptocurrency investment will take. Solana Continues to Impress Solana was a decent blockchain platform trading for about $20 last year. It has

The UAE exempts crypto transactions from VAT starting November 15

October 8, 2024 1 min read

Starting November 15, 2024, the UAE will eliminate Value Added Tax (VAT) on cryptocurrency transactions, a strategic move designed to invigorate the sector and enhance the nation’s appeal to crypto businesses and investors. This policy shift, announced by the Federal Tax Authority (FTA), removes the previous 5% tax that posed challenges for market entry, thereby reinforcing Dubai’s status as a global crypto and blockchain hub. The UAE’s proactive approach to

Cardano founder applauds Sui’s fast growth and unique approach

October 6, 2024 1 min read

Charles Hoskinson, the founder of Cardano, recently commended the Sui Network for its impressive advancements and innovative contributions to the blockchain industry. He particularly recognized George Danezis, co-founder of Mysten Labs, for his pivotal role in developing Sui, which has the potential to achieve notable success in the sector. Launched in 2023, Sui is a Layer-1 blockchain designed to streamline and improve the development of Web3 applications. It employs the

Cardano struggles as crypto whales sell $326 million after the Chang hard fork

September 3, 2024 1 min read

The price of Cardano is currently seeing difficulties as a result of being overvalued and a lack of investor trust, indicating that it may require further time to recuperate from the recent Chang hard fork. The Cardano Network Value to Transaction (NVT) ratio has recently achieved its highest level of the year at 6.43, suggesting the possibility of forthcoming difficulties. Overvaluation is generally considered a negative indicator, frequently resulting in