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Cardano (ADA) continues to make headlines as a key player in the crypto space. With consistent development and strong backing from its founder Charles Hoskinson, Cardano has proven itself a stable platform, maintaining positive momentum despite market fluctuations. The upcoming meeting between Hoskinson and Argentina’s President Javier Milei at the Tech Forum Argentina in October 2024 is generating further excitement, especially given Milei’s pro-crypto stance. ADA Key Statistics  Current Price: $0.38 Market Cap: $13.35 billion Trading Volume (24h): $357.15 million Circulating Supply: 35 billion ADA Total Supply: 45 billion ADA CoinMarketCap Ranking : #10 ADA’s price movement over the past 30 and 7 days exhibits fluctuation. The cryptocurrency has retreated 3.04% from its 30-day peak and advanced 4.52% from its 7-day high. Encouragingly, ADA has demonstrated significant recovery from its recent lows, surging 25.37% and 16.38% over the corresponding p...

Argentina’s President Milei proposes tax incentives in a draft bill for crypto regularization. Asset regularization scheme offers favourable rates, encouraging prompt declaration by citizens. The controversial omnibus bill sparks debates and protests amidst economic and political reforms. Argentina’s pro-Bitcoin president Javier Milei is making waves with a groundbreaking draft bill aimed at regularizing cryptocurrency holdings as part of his ambitious economic and political reform agenda. The legislation, titled the ‘Law of Bases and Starting Points for the Freedom of Argentines,’ proposes a unique approach to regulate both domestic and foreign cryptocurrency holdings. Tax incentives for crypto declaration President Milei’s draft bill introduces an ‘asset regularization scheme,’ offering tax incentives to individuals declaring crypto assets, irrespective of their origin or location. The proposed tax rates under thi...

The price of soccer fan tokens, designed for fan engagement, is seemingly impacted by the on-field performance of teams. Argentina’s shock 2-1 loss to Saudi Arabia in the opening match of the FIFA World Cup has plummeted the price of the Argentine Football Association Fan Token (ARG), in line with the hopes of the nation’s die-hard soccer fans.  With the ARG token priced at $7.21 at kick-off, the poor performance by the Lionel Messi-led soccer team saw the token’s price fall 31% to $4.96 by the end of the match before rising to $5.22 at the time of writing, according to data from CoinGecko. By contrast, the floor price of “The Saudis,” a Saudi Arabian-themed nonfungible token (NFT) collection unrelated to the soccer team, skyrocketed 52.6% from 0.196 Ether (ETH) to 0.3 ETH over the same time before cooling off to a price of 0.225 ETH, around $250. The collection’s sales volume also spiked 990% over the last 24 hours, closing in on 24.5 ETH, according to OpenSea data. Despite the bui...