Cardano Founder Responds to BitBoy’s Fight Challenge
In a recent AMA, Cardano founder Charles Hoskinson confirmed BitBoy‘s shift in stance against Cardano, attributing it to the project’s refusal to pay him, following BitBoy’s harsh criticisms of ADA. To provide context, a viewer indicated that BitBoy is no longer a devotee of Hoskinson during the most recent episode of his AMA (Ask Me […]
Crypto Bill May Reach Congress by Year-End, Says Crypto4Harris
At the Crypto4Harris event, Senate Majority Leader Chuck Schumer expressed optimism about passing crypto legislation this year, emphasizing the need for bipartisan support and sensible regulation to ensure the industry’s future. Chuck Schumer, the US Senate Majority Leader, disclosed that it is still feasible to implement some form of crypto legislation this year during the […]
Venezuela Crypto Remittances Surge Despite Binance Ban
In 2024, crypto will play a growing role in Venezuela’s remittance market, offering an alternative to traditional banks and unlicensed money transfers as citizens use it to hedge against inflation. Venezuela was a hotspot for everyday crypto utilization as a hedge against inflation. Remittances from abroad are one of the primary applications of cryptocurrency in […]
Cardano Struggles with Stagnant User Growth
Cardano’s user base has remained stable despite market volatility, processing $7.2 billion in daily transactions. According to IntoTheBlock, the number of addresses that own ADA has remained constant at 4.45 million for more than a year, indicating that growth has been stagnant. Cardano’s user base has demonstrated resilience, with consistent address growth since mid-2021, despite […]
Goldman Sachs Reveals Major Q2 Investments in Bitcoin ETFs
Goldman Sachs’ Q2 13F filing reveals significant exposure to seven different Bitcoin ETFs in the US market. During the second quarter of Q2, Goldman Sachs, a banking colossus, submitted the 13F filing, which disclosed its portfolio positions. The banking behemoth is exposed to seven distinct Bitcoin ETFs that are available in the US market, as […]