Global

The price of Notcoin, a cryptocurrency popularized on Telegram, has experienced a recent decline of more than 20% within the last week. However, technical indicators suggest a potential reversal in fortune for the digital asset.

Kraken, a prominent cryptocurrency exchange, has successfully recovered $3 million worth of digital assets that were previously exploited by blockchain security firm CertiK. The incident has sparked widespread criticism and raised concerns about CertiK's ethical practices.

XRP, the cryptocurrency associated with Ripple Labs, is currently experiencing a prolonged period of bearish pressure, trading at $0.4937. This downward trend is part of a broader market weakness affecting various cryptocurrencies.

The Tezos (XTZ) price has been on a rollercoaster ride lately, but it seems to be taking a breather around the $2.10 mark. This consolidation phase indicates a temporary pause in the battle between bulls (buyers) and bears (sellers) for control of the market.

On-chain analytics platform Santiment has recently highlighted a potential scenario that could propel Cardano (ADA) to new heights. The crux of this hypothesis lies in the heavy shorting activity that Cardano is currently experiencing.

Tether, a dominant player in the cryptocurrency industry, has launched a revolutionary new platform called Alloy by Tether. This innovative project aims to redefine stability within the digital economy by introducing aUSD₮, the first in a series of gold-backed stablecoins.