Here are the top three news stories over the past day presented to you by U.Today. Cardano (ADA) among cryptocurrencies at risk of delisting on Robinhood The Robinhood trading platform is currently reviewing its crypto offerings after the U.S. Securities and Exchange Commission (SEC) issued lawsuits against the two flagship cryptocurrency trading platforms, Binance and […]
Category Archives: Solana (SOL)
Cardano’s much-anticipated Mithril protocol is closing in on its Mainnet launch, according to notes from a recent Stake Pool Operator (SPO) call by Richard McCracken, a known figure in the Cardano community. With final testing stages in progress, Cardano continues to demonstrate its commitment to improving scalability and performance. McCracken’s update encourages SPOs to upgrade […]
Cryptocurrency discussion rates across leading social networks including Twitter, Telegram, Discord, Reddit, and 4Chan are witnessing a sharp downturn, hinting at possible signs of crypto market capitulation. Blockchain data analytics firm Santiment suggests that the noticeable drop-offs could indicate markets nearing capitulation, a phase typically considered bullish. “Look at these drop-offs as a sign that […]
Following recent legal action by the U.S. Securities and Exchange Commission (SEC), Robinhood has announced it will end support for Cardano (ADA), Polygon (MATIC) and Solana (SOL) by June 27. The move to delist these cryptocurrencies was preceded by reports of the SEC recognizing these tokens as securities. However, it is worth noting that other […]
Prominent billionaire and tech mogul Mark Cuban has drawn attention to the recent regulatory storm surrounding the cryptocurrency industry, shedding light on the SEC’s alleged hypocrisy in its approach. He specifically addressed the regulator’s proposal to enforce transparency in the securities lending market, highlighting the contrast between its treatment of traditional stock loans and cryptocurrency […]
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Cover image via stock.adobe.com Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial […]
In a recent Twitter exchange, legal expert and digital assets enthusiast Bill Morgan criticized the SEC’s classification of Cardano token, ADA, as a security. Morgan took to the public to express his doubts, questioning the regulator’s reasoning behind this assertion. Highlighting the nature of technological advancements, Morgan drew a parallel between the evolution of smartphones […]
Cardano founder Charles Hoskinson has firmly denied the U.S. Securities and Exchange Commission’s (SEC) allegations that Cardano’s native ADA token qualifies as a security. “The facts might be inconvenient to the SEC but are facts,” Hoskinson tweeted, pointing out that no ADA was sold in the U.S. and that the original financing was done in […]
Bitcoin dominance is once again reaching a near 50% high, echoing the trend seen during the prolonged bear market between 2018 and 2022, per data provided by TradingView. “Bitcoin dominance” refers to Bitcoin’s market capitalization as a percentage of the total cryptocurrency market cap. A high dominance index reflects investor preference for Bitcoin over other […]