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Cardano whales now hold 67% of ADA supply in highest share since 2020

Cardano whales now control 67% of the total ADA supply, marking the highest concentration since 2020. This increase in whale holdings comes as the overall market experiences fluctuations, with significant accumulation observed among large investors. The rise in whale ownership could impact price stability and market dynamics for Cardano. Analysts are closely monitoring this trend, as it may indicate a shift in market sentiment and potential future price movements.

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Kraken joins LayerZero exodus as it switches to Chainlink CCIP

Kraken has announced its decision to transition from LayerZero to Chainlink's Cross-Chain Interoperability Protocol (CCIP) for its cross-chain services. This move follows a trend of other platforms leaving LayerZero in favor of Chainlink's established infrastructure. The switch aims to enhance security and reliability in cross-chain transactions.

Australia’s proposed CGT changes could discourage long-term crypto holding

Australia is considering changes to its Capital Gains Tax (CGT) that could negatively impact long-term cryptocurrency holding. The proposed reforms aim to eliminate the current 50% discount on capital gains for assets held longer than a year, which could lead to higher tax liabilities for investors. This shift may discourage

Signal hints it could leave Canada over lawful access bill

Signal has indicated that it may withdraw its services from Canada in response to a proposed lawful access bill that could require tech companies to provide user data to law enforcement. The messaging app's co-founder, Moxie Marlinspike, expressed concerns that the legislation could undermine user privacy and security.

The U.S. stock market is getting close to dot-com bubble peak valuations

The U.S. stock market is nearing valuations similar to those seen during the dot-com bubble, raising concerns among analysts about a potential market correction. Key indices, including the S&P 500 and Nasdaq, have experienced significant gains, driven by a surge in technology stocks. Analysts warn that current

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Kraken joins LayerZero exodus as it switches to Chainlink CCIP

Australia’s proposed CGT changes could discourage long-term crypto holding

Signal hints it could leave Canada over lawful access bill

The U.S. stock market is getting close to dot-com bubble peak valuations