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Famous actor Steven Seagal is in trouble with U.S. (SEC) for failing to pay his total fine for illegally touting an ICO. The celebrity settled the cryptocurrency fraud case in February 2020. And agreed to pay disgorgement amounting to $330K. However, according to SEC lawyer Maureen Peyton King, Seagal only made one $75,000 payment. More so, he has yet to clear the rest of the fine. The Hollywood star moved to Moscow in 2016 after president Putin granted him Russian…

In his latest vlog, IOHK's CEO Charles Hoskinson announces the upcoming Alonzo hard fork is still on schedule. Meanwhile, the ADA token is rallying at $2.83, almost 12% in gains over the past week. The team behind the hard fork is already preparing for the public Alonzo testnet. IOHK is confident that the final product will go live on September 1.  Alonzo Upgrade and Smart Contracts Cardano has been around since 2015. It uses proof of stake to validate transactions.…

Bitcoin and ETH, the two most prominent crypto assets, are currently showing slight gains. However, Cardano continues a genuine market bull run and is most likely to hit $3.  Bitcoin Price Analysis Early 29th August, Bitcoin seemed to start by a positive price action as it increased past $49.6k. Bitcoin has been in a bearish-bullish situation in the past few hours, plunging $47928 and later surged to $48957. CMC caps the 24-hour price change at about a 0.5% increase.  Since the…

Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The Crypto Market Analysis ends the week at a total market capitalization of $2,088 trillion. Bitcoin is more or less at the same value as last week after a 0.2% drop. Ethereum calls it even after a 0.35% increase over the week. XRP is down by roughly 6% in comparison to last Sunday Solana, Terra, and Cardano end the week with significant value boosts. The DeFi…

Folks in the crypto community usually prepare for when a Bull-run trend commences before they can invest. Needless to say, countless other opportunities exist when an investor can obtain high yields. In that rationale, Yield Farming is among the newest projects that let users exponentially ramp up their crypto investments hassle-free. However, the Semantics that are part of yield farming can be a Gordian knot to unfold. For instance, not many folks understand it, let alone when to invest in…

A lead analyst from IntotheBlock reveals that Ethereum's inflation level is decreasing. According to a tweet, ETH currently has a lower supply rate. The tweet also explains that several factors are triggering a dip in the coin's issuance level. A Decrease in Purchasing Power? The annual inflation rate of Ethereum hit 3574 ETH compared to bitcoin's 900 BTC. This figure translates to a 1.11% decrease while Bitcoin's rate stands at 1.75%. The tweet's thread details some elements behind the numbers,…

JPMorgan has issued its financial advisors permission to give all its wealth-management-pp clients access to cryptocurrency funds. This move makes it the first large bank to expand crypto trading access beyond just ultra-wealthy clients. JPMorgan's advisors can execute only "unsolicited" crypto trades. Advisors cannot recommend the products but can buy or sell on behalf of a client's request. The bank informed advisors that they can now take orders to trade five cryptocurrency products. They include; Grayscale's Bitcoin Trust, Bitcoin Cash…

As bitcoin tries to reclaim the $50,000 mark, ETH struggles going past the $4,000 level. On the other hand, Cardano has hit consecutive all-time highs granting it more mentions on Twitter than the leading crypto by market cap. Bitcoin Looks Towards the $50K Mark Bitcoin price attempted to go above the $49,000 resistance zone. However, it failed to gain strength above the $49,200 level. The coin formed a high close to $49,335 level before starting a fresh decline yesterday. Bitcoin…

Earlier today, Input Output Hong Kong submitted a proposal for an upgrade to the Cardano testnet. The proposal sets out to complete the steps towards the Alonzo hard fork. Moreover, the Alonzo era is significant progress for the chain as it will support smart contracts on Cardano. According to a Twitter thread by IOHK, this upgrade will happen within the next few hours. Furthermore, the network will instigate the hard fork combinator, marking the final stages for the Cardano mainnet…