Indeed, information from the on-chain and social analytics platform Santiment published on May 13 revealed that Cardano whales were the most active they had been since January, when the ADA price bottomed out at $0.40 on May 12. In particular, ADA saw 1,085 transactions exceeding $100,000 in value; Santiment tweeted: Cardano price analysis As stated, a spike in whale purchases has commonly indicated the largest price shifts for the DeFi asset in the past....

In particular, the troubled company’s CEO Stephen Ehrlich, reportedly made over $30 million offloading the Voyager stock in different transactions when the price almost peaked early last year, CNBC reported on August 3. Filings indicate that Ehrlich and his Delaware LLCs sold almost 1.9 million shares between February 9, 2021, and March 31, 2021. The sale was segmented into 11 separate transactions totaling $31 million. Notably, the Securities Exchange Commission (SEC) documents indicate that the three largest translations entailed 1....

Specifically, the CFTC’s Division of Enforcement (DOE) has filed 18 actions involving conduct related to cryptocurrencies, out of a total of 82 enforcement actions brought in the fiscal year 2022, according to the CFTC press release published on October 20. Aggressive policing of crypto markets In other words, over 20% of the CFTC’s actions during this fiscal year were related to digital assets, and the agency “continued to devote significant resources to litigating complex cases and achieved several litigation successes....

Guangdong, Zhejiang, and Shanghai have invested heavily in the development of low-carbon technologies and renewables, but also in fossil fuel projects, especially gas, according to a South China Morning Post report, on August 22. Due to issues with youth unemployment and the real estate market crisis, slow growth in China is pushing authorities to use smokestack industries to boost economic output. The push in coal power usage has the nonprofit Global Energy Monitor worried....

In a recently published report offering a blueprint for organizations considering crypto payments, Citi notes that digital currencies are generally redefining the entire payment ecosystem. The bank further states that cryptocurrencies are also an emerging store of value. According to the bank, organizations opting for cryptocurrency payments are presented with two options; considering digital currencies as both investments and means of exchange. In the report, the bank indicated that with the growth of cryptocurrencies, the interest has moved to corporations and other large institutions, and their treasuries have a lot to consider....

According to data acquired by Finbold, consumers splashed an estimated $41.5 billion on apps from the Apple App Store during the first six months of 2021. The spending represents a growth of 22.05% from a similar period in 2020. App Store’s H1 2021 spending is almost double compared to $23.4 billion spent by Android consumers. The Google Play spending represents a growth of 30% on a year-over-year basis. Cumulatively, spending on the two platforms recorded a growth of 24....

Escalating fears of low demand and economic slowdown continued to hang over the market with the U.S. benchmark being down by more than 7% this week. Broader markets recovered the day after Federal Reserve officials calmed traders expecting even more aggressive rate hikes due to the monthly inflation report. However, the global oil supply remains strained, as seen in time spreads showing a wide premium for immediately available barrels. Charlie Bilello stated if the decline in Crude Oil holds, the market could see gas prices back below $4....

One of the events that could significantly ‘pump’ the price of Bitcoin upward is the flagship digital asset’s halving event, that is set to take place in 2024, as renowned pseudonymous crypto trading expert PlanB said on October 24. Halving spells pump In his post, the analyst noted that “the next Bitcoin halving is coming, and IMO it will (again) pump BTC,” and posted the chart analysis of the decentralized finance (DeFi) asset’s previous price movements and future predictions....

In the cryptocurrency space, one ad stood out amongst all others; crypto exchange Coinbase’s viral ad included a vividly colored bouncing QR code that was reminiscent of the iconic bouncing DVD logo. On Super Bowl Sunday, February 13, Coinbase downloads increased by 309% week over week after the ad’s showing and increased 286% the following day, according to data from app intelligence firm Sensor Tower. However, Coinbase wasn’t the only crypto app that performed well; three of the top five applications that saw a substantial increase in downloads were crypto apps....

Crypto asset markets took a bit of a dive over the weekend as Bitcoin retreated from its 33 month high of $16,000. Around $20 billion was wiped off total market capitalization but the selloff was short-lived. Both Bitcoin and Ethereum recovered quickly with BTC returning to $15,600 while Ethereum added 8% in a climb from $425 to $460. Since the beginning of this year, Ethereum has gained 250% to date whereas Bitcoin has managed just 115% in comparison....

Despite the market downturn, several altcoins are standing out, exhibiting the potential to regain previous highs. Indeed, the interest in the altcoins is due to the specific narrative they drive alongside the use cases. Below are the key altcoins to watch for the week of November 28. Litecoin (LTC) Litecoin (LTC) has registered increased buying pressure, with the token rallying at some point surpassing meme cryptocurrency Shiba Inu (SHIB) in market capitalization....

As the year draws to a close and Christmas day fast approaches, it is essential to monitor how the digital currency will perform over this festive period. In this line, reviewing DOGE’s previous performances on Xmas day can offer insight into how the eighth-ranked cryptocurrencies will trade moving into 2023. According to historical data acquired by Finbold, over the last three Christmases, Dogecoin has managed to record steady year-on-year (YoY) growth....

Indeed, the ECB plans to send out a stern warning to eurozone countries this week about the dangers of national regulators potentially getting ahead of the MiCA law that isn’t expected to come into full effect before 2024, Laura Noonan of Financial Times reported on July 4. As a matter of fact, the MiCA rules are set to become law in 2023, and their full implementation is planned over the subsequent 18 months....

Indeed, provided that Ethereum retains its current strength, flipping the crucial level at $1,150 and breaking out above $1,225, it will pave the way for a bullish run towards $1,350 and possibly even $1,550, as observed by the crypto trading expert Michaël van de Poppe on November 29. Increased user activity Likely factoring into the recent price surge, Ethereum’s active addresses have surpassed a six-week high, last reached on October 15, which was followed by a 30% price hike over the following three weeks, according to the on-chain analytics platform Santiment....

Specifically, in the eighth package of severe sanctions against Russia over its aggressive actions in Ukraine, the EU has introduced additional bans, including (but not limited to) cryptocurrency services, the European Commission said in a press statement on October 6. Tightening the previous measures As per the statement: As a reminder, in early April the EU banned the provision of high-value crypto services in Russia as part of its fifth package of sanctions in an attempt to “close potential loopholes” and make it difficult for wealthy Russians to “store their wealth in the EU,” as Finbold reported....

Speaking on the Dutch television show College Tour in an interview which will be aired on Sunday, May 22, the ECB head maintained her stance that crypto assets are extremely speculative and very dangerous investments, as per a report by Politico. Meanwhile, the finance ministers and governors of the central banks of the seven industrialized countries that make up the Group of Seven (G7) gathered in Germany on May 19 and 20....

Speaking to TD Ameritrade Network, Hooper noted that the volatility is a consequence of the rising inflation concerns alongside supply chain issues. According to the strategist, inflation not being transitory as expected adds to the market anxiety. However, she noted that the projected market movement stems from the overall effects of the pandemic, and it will take time for normalcy to return. Additionally, Hooper believes the happenings around the U....

The surge in food prices began even before the war in Ukraine broke out, but with Ukrainian ports now closed and vessels, in general, avoiding that region, crop and fertilizer supplies are stretched thin. This rally in food prices will be most notably felt in poor countries where groceries make up a large share of a household’s budget. The FAO Food Price Index hit a record high of 159.3 in March of 2022, up 12....

The manufacturer anticipates that the move would expedite its expanding EV business while also increasing profits. Similar to how Ford operates its Ford Pro commercial vehicle division under CEO Jim Farley’s “Ford+” Turnaround plan, a strategy that has worked well for the company. “We’re going all in,” Farley said in a statement released early Wednesday morning to announce the restructure, as per CNBC’s Squawk Box. Certain Wall Street analysts have been urging Ford and other traditional automakers to spin off their electric car businesses in order to capture the value that investors have been assigning some EV start-ups....

Indeed, the entity filed two trademarks for the circuit with the United States Patent and Trademark Office (USPTO) on August 23. The filing was revealed by licensed trademark attorney Michael Kondoudis in a tweet on August 29 and will cover NFTs, cryptocurrencies, insurance, and financial services, virtual clothing, and sports gear, currency trading, and virtual currency services, among others. F1’s involvement with NFTs It is worth mentioning that the trademark filings mark Formula One’s collective involvement with the NFT space....