ADA In The Spotlight: Heavyweight Investors Pile Into Cardano, What’s Next?

ADA In The Spotlight: Heavyweight Investors Pile Into Cardano, What’s Next?

Cardano (ADA) has recently caught the attention of large-scale investors, also known as ‘whales.’ Crypto analyst Ali, leveraging on-chain data, has observed a significant uptick in large ADA transactions, typically over $100,000, in the past three months. Ali noted that this growing trend suggests a heightened interest from institutional players and high-net-worth individuals in ADA. … Read more

Jellyverse Lands $2M in Seed Funding to Accelerate DeFi 3.0 Revolution

Jellyverse Lands $2M in Seed Funding to Accelerate DeFi 3.0 Revolution

Jelly Labs AG and Fintonomy LTD, the companies developing the initial protocols for Jellyverse, a decentralized finance network built on the Ethereum Virtual Machine (EVM)-compatible layer-2 DeFiMetaChain (DMC), have announced the completion of their joint seed funding round. According to a press release shared with Coinspeaker, the two companies secured $2 million from undisclosed investors … Read more

Analyst Expects Bullish Trend For: Bitcoin, Ethereum, And Cardano

Analyst Expects Bullish Trend For: Bitcoin, Ethereum, And Cardano

Dan Gambardello predicts a bullish trend for Bitcoin (BTC), Ethereum (ETH), and Cardano (ADA) in the current cryptocurrency market. Crypto Analyst On The Bitcoin Rally Dan Gambardello took to his official X (formerly Twitter) handle to share his bullish about the three major cryptocurrencies. The analyst post was accompanied by a video where he explained … Read more

Brazilian Bank Itau Unibanco Rolls Out Bitcoin and Ethereum Trading Services to Customers

Brazilian Bank Itau Unibanco Rolls Out Bitcoin and Ethereum Trading Services to Customers

Brazilian banking giant Itau Unibanco has joined the crypto bandwagon with the launch of digital asset trading services for customers as part of its investment platforms, Reuters reported Monday, citing an interview with the company’s digital asset head Guto Antunes. According to the report, the financial services company, standing as one of the largest lenders … Read more

Coinbase and MicroStrategy Stock Jump Almost 9% amid Bitcoin Rally

Coinbase and MicroStrategy Stock Jump Almost 9% amid Bitcoin Rally

Recent market dynamics have highlighted the impact of the ongoing Bitcoin (BTC) price rally on certain stocks, with Coinbase Global Inc (NASDAQ: COIN) and MicroStrategy Inc (NASDAQ: MSTR) emerging as key beneficiaries in this unique correlation. In the past 24 hours, both COIN and MSTR stocks experienced a remarkable 9% surge in value, mirroring the … Read more

Osmosis DEX and Umee UX Chain Announce Network Merger to Enhance Services and Liquidity

Osmosis DEX and Umee UX Chain Announce Network Merger to Enhance Services and Liquidity

The ultimate growth of blockchain technology has been pegged to the multi-chain capabilities, whereby the Cosmos (ATOM) network has described it as blockchain 3.0. In the context of multichain capabilities, Osmosis (OSMO), a leading decentralized exchange (DEX) on the Cosmos ecosystem with more than $128 million in total value locked (TVL), has announced plans to … Read more