Cryptocurrency token Cardano (ADA) has soared in price in recent days as investors keenly anticipate the launch of a new exchange platform.Cardano is the fifth most valuable cryptocurrency in the world by market cap—the total value of all circulating tokens of a given type—behind Bitcoin, Ethereum, BNB, and Tether, according to CoinMarketCap.As of 11 a.m.…

Crypto.com, a popular cryptocurrency exchange, has extended its venture arm’s fund size to $500 million as it looks to more aggressively back early-stage startups to help the nascent ecosystem grow, following similar moves by rivals Binance, Coinbase and FTX. The broadening of Crypto.com Capital comes less than a year after the Singapore-headquartered firm unveiled its…

Argo Blockchain (ARBK), the only crypto miner listed on the London Stock Exchange (LSE), has declined by 45%, while Canadian crypto miners Hive Blockchain (HIVE) and Hut 8 Mining (HUT) have slipped 52% and 59%, respectively. Toronto-listed crypto exchange Voyager Digital (VYGVF) is down 50% alongside a 45% slide in shares in MicroStrategy (MSTR), a…

Bitcoin (CRYPTO:BTC), the biggest cryptocurrency on the market, has bitten the dust so far in the new year. So has the best-performing digital token in 2021, Shiba Inu (CRYPTO:SHIB).  It’s not their fault. Cryptocurrency prices, in general, have fallen significantly in recent days. But not all of them. Here are two cryptocurrencies that have trounced Bitcoin…

The pandemic upped demand for digital currency in China, as elsewhere. But in June, authorities banned crypto mining. This has put China firmly into the camp of using digital currency to increase government monitoring. Are crypto and digital in competition? No. China dislikes the energy consumption and greenhouse gases associated with crypto-currency mining. Regulators also…

Flash crashes can occur beyond the immediate control of human beings. They may be produced by algorithmic trading programs, triggering one another to sell in a feedback loop. When such programs are managing large volumes of assets, the consequences of such a loop can be dramatic. This can then spill over into the futures market…