Category: Reviews

Cardano Leader Calls Dogecoin Bubble Dangerous

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Key Takeaways Cardano leader Charles Hoskinson has warned that Dogecoin’s recent market rally could have a negative outcome. He suggests that the Dogecoin bubble could attract attention from lawmakers and regulators if and when it bursts. Hoskinson even promoted Cardano competitors such as Ethereum 2.0 and Algorand as strong alternatives to Dogecoin. Share this article Charles Hoskinson, creator of Cardano and CEO of IOHK, has criticized Dogecoin’s rapidly rising market value. Hoskinson Says Prices Are Unsustainable Continuing on from its recent price performance, Dogecoin has seen a 124% price gain…

Dogecoin Overtakes Tether in Market Cap After Making New All-Time High

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Key Takeaways Dogecoin has posted year-to-date returns of nearly 7,000%. The meme coin continues surging while the rest of the market takes the backseat. If buying pressure continues mounting, DOGE could rise to $0.36 or even $0.52. Share this article Dogecoin continues its staggering advance thanks to a new wave of interest. Even after nearly 200% in gains, DOGE may just be getting started. Dogecoin Leads the Charts Dogecoin has stolen the crypto spotlight after skyrocketing by a more than 180% in the last 24 hours. While the rest of…

Rothschild Investment Adds Ethereum, Surpassing Bitcoin Holdings

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Share this article According to a recent filing with the SEC, the Chicago-based Rothschild Investment has made a substantial investment in Ethereum. Rothschild Investment Doubles Down on Ethereum The firm purchased 265,302 shares of the Grayscale Ethereum Trust (ETHE), an investment vehicle that offers exposure to Ethereum. In its investment holdings report (Form 13- FHR), the firm revealed its shares in the ETH Trust were valued at $4.75 million on Mar. 31. Interestingly, this investment exceeds Rothschild Investment’s exposure to Bitcoin. The firm also disclosed its holdings of 38,346 shares…

Robinhood Suffers Outage as Dogecoin Surges, Regulators Seek Ban

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Key Takeaways Robinhood briefly halted its crypto trading services last night, during a period in which Dogecoin soared. Complaints have poured in on Robinhood’s Twitter feed. The popular trading app has had a turbulent week after regulators made moves to ban the app from operating in Massachusetts. Share this article Another crash and a possible Massachusetts ban spell more bad news for Robinhood.  Robinhood Suffers Outage The Robinhood team announced the issue on Twitter last night. “We’re currently experiencing issues with crypto trading,” a brief note read.  It then followed…

Pendle Finance Raises $3.5 Million to Launch Tokenized Yield Market

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Bitcoin Crashes after Accident in Xinjiang, China Halts Mining Operation

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Key Takeaways A gas explosion and flooding at a Chinese coal mine has halted Bitcoin mining operation in Xinjiang, China. The networks’ total hashrate dropped by 64 Eh/s as central authorities conducts safety inspections. Bitcoin’s price also felt the pressure from the decline in mining power, dropping 4.3% from today’s opening price. Share this article Bitcoin’s hashrate dropped 25% from all-time highs after an accident in the Xinjiang region’s mining industry caused flooding and a gas explosion, leading to 12 deaths with 21 workers trapped since.  Dangerous Mining in China…

Turkey Bans the Use of Cryptocurrencies for Payments

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Turkey takes aim at the cryptocurrency space.  Turkey Banning Crypto Payments  Using cryptocurrencies for payments will be banned from Apr. 30, the Central Bank of the Republic of Turkey (CBRT) has announced.  The bank has introduced the “Regulation on the Disuse of Crypto Assets in Payments” to enforce the ban. An article published by the Turkish government’s official newspaper says:  “The purpose of this regulation is not to use crypto assets in payments, not to use crypto assets directly or indirectly in the provision of payment services and electronic money…

Ethereum Breaks $2,500 All-Time High

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Share this article Crypto’s leading smart contract platform, Ethereum, has set a new all-time high at $2,500.  Ethereum Sets New Record High Ethereum just crossed $2,500 for the first time in its history.  Source: TradingView The second-ranked crypto has enjoyed a parabolic run in recent months, fuelled by growing interest in the digital currency space.  Ethereum has fared particularly well over the last few days; it’s up over 25% in the last week.  Various other assets have soared amid heated market conditions. DeFi staples like Aave, Uniswap, and Synthetix all…

Ripple Partners With Novatti Group on XRP Adoption

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Key Takeaways Ripple has announced a partnership with Novatti Group, which will see RippleNet and ODL used in remittances. The partnership will focus on Australia and the Philippines and is part of Ripple’s efforts to sign deals in the Asia Pacific region. Ripple prices are performing well, perhaps due to positive developments in Ripple’s SEC case. Share this article Ripple has announced that it is partnering with Novatti Group, an international payments firm, to help it use XRP-based services. Ripple and Novatti Work on Remittances According to Ripple, this partnership…

Phemex Has Created a Sistine Chapel-Inspired NFT

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Phemex has created a non-fungible token (NFT) that contains a mosaic made up of QR codes from participating users. Phemex’s NFT of User QR Codes Singapore-based trading platform Phemex recently conducted a promotion in which Phemex users were asked to share their ETH address as a QR code. The exchange selected 1000 wallets out of 43,662 entries for inclusion in a piece of NFT art. Those 1000 users will share income from the final winning bid when the auction ends in ten days. So far, Phemex CEO Jack Jao has…