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TL;DRWhat’s New Around ADA?Cardano’s native token suffered the negative consequences of the geopolitical tensioncausedby the conflict between Israel and Iran, with its price plunging by over 7% in the last 24 hours and currently trading at around $0.63.Some prominent analysts on X took notice of the…
This week, we examine Ethereum, Ripple, Cardano, Solana, and Hype in greater detail.Ethereum (ETH)Ethereum began the week on a strong footing by testing the $2,800 resistance following a 10% rally. However, this suddenly came to a stop in the past 24 hours after Israel bombed Iran. The geopolitical …
Major digital assets rose late afternoon Friday with Bitcoin (BTC/USD) holding above $104,000. The CoinDesk Market Index, which tracks dozens of digital assets including Bitcoin, rose 1.6% in the past 24 hours. The Nasdaq 100 climbed 1.2% in late trading, and the S&P 500 and the Dow Jones Industrial…
On June 4, the Cardano Foundation published the results of its latest Interim Constitutional Committee (ICC) votes on three governance proposals:— Amaru Node Development Budget 2025 — deemed Constitutional— Cardano Treasury DeFi Liquidity Budget — vote result: Abstain — 300 Million ADA Net Change Li…
Robinhood Markets, Inc. has completed its acquisition of Bitstamp Ltd., a cryptocurrency exchange founded in 2011. Bitstamp operates in Luxembourg, the UK, Slovenia, Singapore, and the United States.The agreement was first announced in June 2024. The completed deal marks Robinhood’s formal entry int…
Major digital assets were mixed late Tuesday, with Bitcoin (BTC/USD) holding above the $106,000 level. The CoinDesk Market Index, which tracks dozens of digital assets including Bitcoin, rose 0.4% in the past 24 hours. The Nasdaq 100 fell 0.4% in late trading, the S&P 500 was down 0.4%, and the Dow …
Cardano is undergoing a major transformation as it adopts a more open and agile development model.Charles Hoskinson, the blockchain’s founder, announced the shift on May 10, signaling a new chapter in how the network evolves.Cardano Opens Ecosystem to Speed Up InnovationAccording to Hoskinson, the n…
Key takeaways:ETH price rallied by 22% on May 8, but demand for spot ETH ETFs and derivatives remains muted. President Trump’s reversal on certain altcoins aligns with ETH’s renewed outlook. Ether (ETH) posted an impressive 29% gain between May 8 and May 9, likely marking the end of a 10-week bear m…
Cardano price started a recovery wave from the $0.6420 zone. ADA is now facing resistance near $0.6850 and might decline again.ADA price started a recovery wave from the $0.6420 zone.The price is trading below $0.680 and the 100-hourly simple moving average.There was a break above a connecting beari…
Bitcoin prices reached an intraday and five-day high of $97,650 during early trading in Asia on Wednesday, May 7. The move has returned the asset to the same level it reached on May 2, where it hit resistance and retreated back below $94,000.Today’s jump added almost $4,000 to BTC prices in around 1…
By Elsa OhlenBitcoin has been a big success story of the past month, outperforming stocks during market turmoil that hit everything from equities and bonds to the dollar and cryptocurrencies.That may not come as a complete shock given President Trump's promise to make the U.S. the crypto capital of …
According to Gowanus Monster in a recent post on X, Cardano (ADA) appears to be carving out an inverse Head and Shoulders (H&S) bottom formation on the daily chart—an increasingly credible signal that could mark a major shift in its price trend. This bullish reversal structure, which features a lowe…