Why is Cardano (ADA) price up today?

Whenever Bitcoin (BTC) fails to break through important resistance levels, traders gain confidence and add to their altcoin positions. The logic is that, unless BTC drops significatively, these movements historically provide decent rewards for those shifting their portfolios toward higher risk.Bitcoin/USD at FTX. Source: TradingViewIn the past seven days, the aggregate market capitalization performance of…

Mainstream adoption is within Bitcoin's grasp, according to Citi analysts. 3488 Total views 19 Total shares The world’s largest cryptocurrency, Bitcoin (BTC), is at a defining moment in history, according to analysis from American investment bank Citigroup.Bitcoin is now at a “tipping point” to either become the preferred currency for international trade or face a…

A new survey from the Bank of International Settlements (BIS) revealed that only 10% of central banks are likely to issue a central bank digital currency (CBDC) for the general public in the short term.According to a report the BIS shared with Cointelegraph on Jan. 23, the bank surveyed 66 central banks from around the…

American stock brokerage Robinhood Crypto has officially launched its zero-fee crypto trading app in New York, the company announced in a blog post on May 23.Following the acquisition of a BitLicense by the New York State Department of Financial Services (DFS) in January 2019, Robinhood now allows New York citizens to trade in seven major…

According to the SEC, Richard Heart allegedly used more than $12 million of investor funds to buy "a 555-carat diamond, expensive watches, and high-end automobiles.” 486 Total views 5 Total shares The United States Securities and Exchange (SEC) has filed a lawsuit against Richard Schueler, better known in the crypto space as Richard Heart, for…

The privacy-focused mixer has been at the center of several DeFi exploits over the past year as users attempted to obfuscate the trail of stolen funds. 216 Total views 4 Total shares Popular cryptocurrency mixer Tornado Cash has fully open-sourced its user interface (UI) code — a move its developers say fulfills their mandate of…

There is no denying that you should be paying taxes on your income from crypto, but how can you ensure that you are not paying more taxes than you owe? Many crypto holders are reporting their crypto transactions for the first time as a result of the United States Internal Revenue Service’s question about “virtual…

OKEx, Crypto.com, and LocalBitcoins have integrated Brazil’s PIX instant payments system. 2028 Total views 2 Total shares Increasing numbers of offshore cryptocurrency exchanges are embracing Brazil’s instant payments infrastructure, PIX.On May 28, OKEx announced a strategic partnership with local payments firm CuboPay, allowing it to facilitate Tether ($USDT) purchases in exchange for Brazilian real via…

Cybersecurity publications were sounding the alarm over cryptocurrency malware again Monday, Oct. 29 after a Malwarebytes forum user reported a price monitoring app for macOS was a trojan.Confirmed in a blog post by the cybersecurity software developer, community member 1vladimir reported suspicious behavior by an app called CoinTicker over the weekend.The app purports to let…