cryptocurrency news
Cryptocurrency news
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The bill seeks to curb Big Tech’s control over digital money, demanding special approval before giants like Meta can issue their own stablecoins. This is noteworthy because it is the first step toward true financial decentralization backed by federal law.
Altcoins extended their winning streak on Tuesday as macro tailwinds and technical breakouts converged across the crypto market. The global cryptocurrency market cap climbed 2.2% in the last 24 hours to $3.53 trillion, lifted by positive sentiment following the U.S. April CPI data, which printed at 2.3%, its lowest since February 2021.
Cryptocurrency news ftasiamanagement
The emergence of cryptocurrency is constantly being advancing and developing with new trends, laws, and inventions in the financial market. FTAsiaManagement is one such entity that is embraced in this ever-evolving blockchain and cryptocurrencies industry.
If you are an investor, business owner or simply interested in the field of cryptocurrencies, the perspectives are really tremendous. This is the reasons why people should follow FTAsiaManagement and other important actors that are creating the future of digital currencies in Asia and contributing to its growth all across the globe.
Therefore, the entrance of institutional investors in the crypto market is somewhat on the positive side. It has advantages like reducing the risk of fraudulent activity due to increased liquidity and acting as a barrier to the manipulation of an individual site’s market while it alternatively gives a negative aspect associating the market with centralization.
The emergence of cryptocurrency is constantly being advancing and developing with new trends, laws, and inventions in the financial market. FTAsiaManagement is one such entity that is embraced in this ever-evolving blockchain and cryptocurrencies industry.
If you are an investor, business owner or simply interested in the field of cryptocurrencies, the perspectives are really tremendous. This is the reasons why people should follow FTAsiaManagement and other important actors that are creating the future of digital currencies in Asia and contributing to its growth all across the globe.
Cryptocurrency news cardano
As reported by CNF, Charles Hoskinson has faced allegations from Masato Alexander, who claims that Hoskinson misappropriated 318 million ADA during the 2021 Allegra hard fork. In his defence, Charles stated that a Move Instantaneous Rewards (MIR) transaction was used to quietly redirect unclaimed ADA from early investors into Cardano’s treasury without clear communication or consent.
Santiment’s Daily Active Addresses index, which tracks network activity over time, paints a bearish picture for Cardano. A rise in the metric signals greater blockchain usage, while declining addresses point to lower demand for the network.
In ADA’s case, Daily Active Addresses fell to 23,644 on Tuesday from 35,696 on May 14, extending a downtrend that started in early March. This indicates that demand for ADA’s blockchain usage is decreasing, which doesn’t bode well for Cardano’s price.
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