Global #cryptocurrency

A prominent crypto analyst has recently suggested that Cardano's native token, ADA, could experience a meteoric price rise, potentially reaching a value of $40. This bold prediction is based on technical analysis patterns and the current trading trends of the cryptocurrency.

While the recent Bitcoin crash sent shockwaves through the market and triggered a wave of panic selling, on-chain data reveals a different story among the largest holders, often referred to as "whales."

German law enforcement appears to be continuing the sale of confiscated Bitcoin, according to recent on-chain analysis. This follows a prior sale of around $170 million worth of the cryptocurrency last week.

A recent survey by Japanese financial giant Nomura Holdings and its digital currency arm, Laser Digital, has revealed a surprising trend – a growing interest in cryptocurrency among institutional investors in Japan.

Notcoin (NOT), the Telegram tap-to-earn darling, is making waves with a double dose of good news. In a move likely to excite holders, Notcoin has burned a whopping $3 million worth of tokens from circulation. This burn significantly reduces the overall supply, potentially pushing up the value of remaining NOT tokens.

Phantom, a well-known crypto wallet for the Solana ecosystem, is making a move towards a future that supports multiple blockchains. In a recent announcement, Phantom revealed it's adding support for Bitcoin (BTC), alongside a unique NFT minting event on the Bitcoin blockchain itself.