Crypto News

Cardano (ADA) Breaks Above $0.64 as Staking Addresses Top 1.3 Million

Cardano’s ADA ADA token climbed 3% over the past 24 hours, trading near $0.6460 at midday Monday after reaching a high of $0.6502. The price advance coincided with a new staking milestone that reinforces the network’s long-term strength.According to an X post by TapTools, Cardano has now surpassed 1.3 million staking addresses, cementing its status as one of the most widely staked blockchains in the world. This comes amid ongoing development within the ecosystem and follows founder Charles Hoskinson’s proposal to allocate $100 million in treasury ADA toward Bitcoin and stablecoins to enhance DeFi liquidity.Despite recent whale outflows — amounting to over 270 million ADA in the past week — market sentiment has remained constructive. ADA maintained its upward trajectory...

Latam Insights Encore: Brazil’s Anti-Crypto Tax Stance Will Spark an Underground Movement

Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and crypto news from the past week. This edition explores how the Brazilian government’s intentions to tax all crypto holders will likely cause users to go underground. Latam Insights Encore: Brazil’s Tax Greed Will Lead Crypto Underground In the last year,Source link

Crypto Daybook Americas: Bitcoin Holds Above $100K as Iran, Israel Trade Blows

By Omkar Godbole (All times ET unless indicated otherwise)Bitcoin's BTC continued choppy trading near January's highs of around $110,000 has some observers drawing parallels with 2021, when the bull market ended with twin peaks closer to $70,000. Not everyone agrees."The market dynamics between 2021 and today are completely different," Jeff Anderson, head of Asia at STS Digital, told CoinDesk. "BTC is evolving into a treasury asset, so it is very difficult to extrapolate chart patterns onto an asset undergoing massive structural changes." The price action over the weekend was "encouraging," Anderson said, noting bitcoin's stability at around $105,000 even as Iran and Israel traded blows. As the old saying goes: If a market does not fall too much on bad news, it indicates big players...

Kidnappers Release TikTok Crypto Influencer After Finding Out He’s Broke

The kidnapping case is one of a growing number of “$5 wrench attacks” targeting cryptocurrency holders in France.Source link

XRP Saves the Day? Influencer Released After Kidnappers Pity His Wallet

A 26-year-old cryptocurrency influencer and Tiktok content creator was reportedly kidnapped in France last weekend by a group demanding crypto in exchange for his release. This piece is a guest post by blocmates, a media and research hub for terminally on-chain individuals who seek to understand every corner of the crypto industry. No jargon, andSource link