Global

Cardano (ADA) has experienced a significant downturn in 2024, with its value dropping 46% year-to-date. As the token approaches a crucial support level around $0.30, investors are increasingly questioning its long-term outlook.

Chainlink (LINK) has experienced modest gains in recent weeks, with a 1.35% increase for the month and a 0.69% rise over the past week, according to CoinMarketCap.

Solana (SOL) has recently tested the critical support level of $135, following a correction from its earlier highs. Currently, the price is on the rise and may gain bullish momentum if it successfully clears the $144 resistance mark.

Metaplanet Inc., a Tokyo-listed firm recognized for its aggressive investments in Bitcoin (BTC), announced on Friday that it has acquired an additional 108.999 Bitcoin for ¥1 billion (approximately US$6.5 million).

In an unexpected twist in the cryptocurrency landscape, Donald Trump-themed Political Finance (PoliFi) tokens have defied the broader market's low volatility, showcasing significant gains as Trump's chances of winning the upcoming presidential election have surged.

In a significant enforcement action, Dubai’s Virtual Assets Regulatory Authority (VARA) announced on Wednesday that it has issued cease-and-desist orders and imposed fines on seven entities operating without the necessary licenses and violating marketing regulations.