Cardano Price Prediction: Blood in the Streets as ADA Slides – But This One Signal Could Flip the Trend
The token currently trades near $0.53 after touching a low of $0.48, while the broader crypto market has also crashed. Trading volume, on the other hand, surged by 13% to $1.8 billion, a sign that volatility is drawing traders back into the market. With total market capitalization falling to $3.39 trillion and $1.73 billion in […]
Wyoming Senator Lummis Opposes Reopening GENIUS Act Amid Banking Industry Criticism
Senator Cynthia Lummis expressed opposition on Nov. 5 to revising the GENIUS Act despite complaints from the banking industry over stablecoin regulations. The Wyoming Republican stated it was “so difficult to get GENIUS passed” that she is reluctant to reopen the legislation during a Bloomberg Television interview. The banking industry has raised concerns about provisions […]
Bitget Becomes First Exchange to Fully Integrate Ethereum Layer-2 Morph Chain
Bitget, a Seychelles-based fintech firm dubbed a “universal exchange” due to its cryptocurrency and traditional financial services offerings, has announced its full integration with the Morph Chain layer-2 blockchain. Users on Morph can now trade assets from the Morph ecosystem directly from their Bitget wallets with USDT without the need for swaps or bridging. According […]
WisdomTree Activates Chainlink NAV Feed for CRDT Tokenized Credit Fund
WisdomTree and Chainlink launched a live net asset value feed for the CRDT tokenized private credit fund on Ethereum on Nov. 5. The integration delivers decentralized pricing data through 16 independent oracle operators using Chainlink’s DataLink Services. The feed reports a NAV of $25.70 as of Nov. 4. It provides publicly auditable pricing, enabling smart contract […]
Ripple Secures $500M Funding at $40B Valuation from Fortress Investment Group
Blockchain payments firm Ripple Labs Inc has secured $500 million from Fortress Investment Group and a few other investors. The funding raised its valuation to a whopping $40 billion, according to an X post by the company’s CEO Brad Garlinghouse. He described this round as the “cherry on top of a mountain of good news” […]
Tether Signs Partnership with Da Nang amid Vietnam’s Conflicting Crypto Laws
Tether and the People’s Committee of Da Nang City signed a Memorandum of Understanding on Nov. 5 to advance blockchain technology and digital infrastructure in the Vietnamese municipality. The agreement focuses on policy development, educational programs, and peer-to-peer technology integration. The partnership will support Da Nang in proposing policies for blockchain technology, digital assets, and […]
Zama Acquires Buterin-Backed ZK Firm Kakarot to Boost Privacy
Zama, the cryptography company behind the Zama Confidential Blockchain Protocol, has officially announced its acquisition of Kakarot or KKRT Labs. Together, these firms plan to accelerate scalability efforts across the Zama Protocol, aiming to achieve more than 10,000 confidential transactions per second (TPS) on some public blockchains. Utilizing KKRT Labs’ Deep Expertise For Zama Zama […]