Bitcoin

Cardano is now available for purchase at a record

. Cardano has risen to an all-time record, with October’s Alonzo upgrade getting closer each day Cardano has been the first major cryptocurrency to reach a new all time high during the second half the 2021 bull market. It soared to $2. 85 saw a 7% rise this morning. ADA now has Binance Coin’s market…

Cardano has risen to an all-time record, with October’s Alonzo upgrade getting closer each day

Cardano has been the first major cryptocurrency to reach a new all time high during the second half the 2021 bull market. It soared to $2. 85 saw a 7% rise this morning. ADA now has Binance Coin’s market cap (BNB), and is now third behind Bitcoin and Ether.

There’s still time for you to purchase Cardano before the Alonzo upgrade (slated to be in October) pushes the price higher. Find out where you can buy ADA here.

How and where to purchase Cardano in the UK & elsewhere

Cardano (ADA), the third-largest coin, can be purchased from almost any cryptocurrency exchange or broker. To buy ADA, you simply need to create a free account on one of these recommended platforms. After verifying your details, you can make a deposit using your preferred payment method to start trading Cardano.

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Coin Kong allows for quick buying and selling cryptocurrencies. This is a great choice for those who are new to cryptography. It offers excellent support, transparency and security.

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What’s the Alonzo upgrade and what’s Cardano?

Cardano, a third-generation cryptocurrency platform and smart contracts platform, was created by Charles Hoskinson who co-founded Ethereum. Cardano aims to address many issues facing Ethereum, including scalability and security, to challenge the number one spot in smart contracts.

The Alonzo hardfork is set to go live in October and will allow smart contracts to be live on the Cardano mainnet. This will bring Cardano “programmable money” and allow decentralised finance (DeFi), and decentralised apps to (dApps), to be run on the network.

Should i buy ADA today

Cardano’s prices keep rising as the hard fork draws near. Over the past two weeks, Cardano’s price has risen by 97%. These are remarkable numbers for a project this large. Although the current price chart shows a nearly vertical gradient, a pullback may be possible. However, it is probable that the price will rise as more hype surrounds the upgrade.

While crypto enthusiasts are well-versed in the concept of the hard fork, the majority is still not aware. Investors have the opportunity to beat the crowds and get in early with a classic “buy rumour” trade. The current price is $2. 81, traders have the opportunity to purchase before ADA gains momentum.

This article is for informational purposes only. It should not be taken as investment or financial advice.

Bitcoin

Fed Report Explores How Crypto Price Changes Affect Ownership

A report by the Federal Reserve Bank of Philadelphia’s Consumer Finance Institute found that cryptocurrency ownership declined during market downturns, despite price increases in bitcoin. Data from multiple surveys showed that crypto interest and ownership did not rise, even as prices surged. The report suggests further research into consumer behavior in response to market fluctuations [……
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Bitcoin

The Open Network (TON) to launch teleport Bitcoin bridge

The Open Network announces plans to launch a bridge to get Bitcoin onto the TON blockchain, The bridge will allow Bitcoin to be used for DefI purposes in the TON ecosystem. The TON Foundation announced that the Open Network will launch a trustless bridge to allow people to bridge Bitcoin into the TON ecosystem for…

The Open Network announces plans to launch a bridge to get Bitcoin onto the TON blockchain,
The bridge will allow Bitcoin to be used for DefI purposes in the TON ecosystem.

The TON Foundation announced that the Open Network will launch a trustless bridge to allow people to bridge Bitcoin into the TON ecosystem for DeFi purposes. The bridged Bitcoin, called Teleport BTC, will maintain the original Bitcoin’s security while allowing holders to take advantage of the growing opportunities on TON.

According to the Foundation, each Teleport BTC will be backed 1:1 by native Bitcoin via a trustless, transparent process chiefly executed by verifiable smart contracts and validators.

This new development aims to “enhance Bitcoin’s utility, transforming it into a powerful tool for generating additional rewards on TON.”

TON’s Growth in 2024

The Open Network, closely linked with the popular Telegram messaging app, has been on an upward climb in 2024 both in price and network development. The network was initially created by the Telegram team for internal use but was abandoned and eventually picked up by the community.

TON made major waves after Telegram re-established contact by using the network to power its ad reward system, which pays channel owners in TON (the network’s native cryptocurrency) for traffic and views.

Outside of Telegram, TON is making a name for itself as a social gaming chain with tap-based casual projects like Notcoin and Hamster Kombat garnering attention.

TON’s Growing DeFi Ecosystem

While TON is not primarily known as a network for decentralised finance, its DeFi ecosystem has witnessed a boom in recent months. According to Defillama, a leading on-chain finance data provider, the total value locked on TON currently stands at $745.96 million as of writing after rising significantly from $22 million at the end of February 2024.

The Open Network plans to launch the Teleport BTC bridge later this year.

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Bitcoin

First ETP for Near Protocol’s NEAR token unveiled on Sweden’s Spotlight Stock Market

Valour’s NEAR ETP will be available on Sweden’s Spotlight Stock Market. Valour currently operates one of the largest Solana ETPs. The crypto fund issuer also operates Bitcoin, Ether, and Internet Computer ETPs. Crypto fund issuer Valour today announced the launch of an exchange-traded product (ETP) for Near Protocol’s native token, NEAR. This groundbreaking ETP will be…

Valour’s NEAR ETP will be available on Sweden’s Spotlight Stock Market.
Valour currently operates one of the largest Solana ETPs.
The crypto fund issuer also operates Bitcoin, Ether, and Internet Computer ETPs.

Crypto fund issuer Valour today announced the launch of an exchange-traded product (ETP) for Near Protocol’s native token, NEAR.

This groundbreaking ETP will be available on Sweden’s Spotlight Stock Market, offering retail and institutional investors the opportunity to gain exposure to the decentralized application development platform.

NEAR ETP joins Valour’s diverse portfolio of ETPs

Valour already operates one of the largest Solana ETPs, Valour Solana, and offers a suite of staking products, including ETPs for Bitcoin, Ether, and Internet Computer.

Valour’s head of product, Elaine Buehler, emphasized the significance of this new fund, highlighting its potential to grant investors access to an asset renowned for its transformative impact on decentralized finance (DeFi) and non-fungible tokens (NFTs).

Near Protocol, designed to tackle common blockchain development challenges such as user onboarding and multi-chain operations, boasts a market capitalization of approximately $6.8 billion. This positions NEAR among the top 20 digital assets globally, according to CoinMarketCap.

The launch of NEAR ETP comes amid a wave of regulatory approvals in the United States, where investment managers BlackRock, Franklin Templeton, and VanEck recently received preliminary approval to list the first exchange-traded ETH products. Analysts predict this move will pave the way for more crypto exchange-traded products in the US, including potential Solana-based ETFs.

Valour’s parent company, DeFi Technologies, currently manages around $600 million in assets across various crypto-native strategies.

On July 16, DeFi Technologies expanded its footprint by acquiring trading desk Stillman Digital in an all-stock deal. This acquisition is expected to significantly enhance the Canadian crypto platform’s capabilities, potentially positioning it as a formidable competitor to larger entities like Galaxy Digital.

Valour’s new NEAR ETP represents a significant advancement for investors seeking exposure to innovative blockchain technologies, reinforcing the firm’s position at the forefront of digital asset investment products.