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Cardano’s price is at $0.45 after a bearish flip this past month.  Santiment analysts say ADA could see a potential bullish flip as whale activity spikes. KangaMoon (KANG) is a new crypto project attracting a lot of attention in its presale.  Cardano (ADA) has dipped below a key level and could face new downside pressure as Bitcoin struggles to reclaim $64k. However, on-chain data shows a spike in whale activity to suggest a potential reversal. This article looks at the price prediction for Cardano, and what the broader market outlook means for KangaMoon (KANG). What is KangaMoon? KangaMoon is a new cryptocurrency that combines meme coin culture with the emerging SocialFi and GameFi elements of the crypto market. The project’s strong pull is down to the rapid growth of the meme coin sector and the utility and appeal of play-to-earn (P2E) gaming. KangaMoon’s native token offers access to these components of the market, with early...

Dubai now offers web3 and artificial intelligence (AI) projects a 90% license-fee discount. The city of Dubai in the United Arab Emirates is offering a 90% subsidy on commercial licenses for artificial intelligence (AI) and web3 businesses. The tech hub called Dubai AI and Web 3.0 Campus announced the decision to attract companies to set up a base in the city.  The issuance of these licenses will be facilitated by the Dubai International Financial Centre (DIFC), a financial free zone within the city. Enterprises looking to take advantage of the subsidized commercial license s offer ed by Dubai’s AI and Web3 Campus must complete a sign-up form. You might also like: Binance secures Dubai’s MVP operational license Nomura’s Laser Digital secures license in Dubai Dubai’s efforts to foster growth in the technology sector extend beyond attracting talent. The city has also taken significant steps towards embracing the crypto industry by granting operational lice...

Ant Group is reportedly cutting off its blockchain and database management businesses from its main entity to prepare for an upcoming public offering. Ant Group, a company backed by billionaire Jack Ma, is reportedly planning to restructure and cut ties to some operations that are not core parts of its Chinese financial business. The move prepares the company for a potential initial public offering (IPO) in Hong Kong.  Citing anonymous sources, mainstream media outlet Bloomberg reported that the firm relayed to its shareholders that the company is looking to leave its blockchain , database management out of a main entity, which will then be applying for a financial holding license in China. After completing its restructuring plans and securing the license, the company can prepare to go public in Hong Kong instead of its former approach of pursuing a dual Shanghai-Hong Kong listing. In 2020, Ant Group targeted a $226 billion valuation by attempting a $30 billion IPO in Hong Kong and ...