Crypto analyst Ali Martinez said a long-tracked SuperTrend signal on Cardano’s daily chart has flipped bullish, months after the same tool marked the start of a steep decline. The call comes alongside fresh on-chain data from Santiment showing large ADA wallets now holding a record share of supply. Cardano SuperTrend Flips Bullish Martinez framed the latest signal as notable because of the indicator’s prior timing. In a post on X, the analyst said the SuperTrend had been his most reliable tool for tracking Cardano’s larger directional shifts, pointing to a sell signal from late September 2025 that preceded a 73% decline in ADA. Related Reading: Cardano Holds Critical $0.25 Support: History Points To A Major Rally Setup “The SuperTrend indicator has been my most accurate tool for anticipating Cardano’s long-term shifts. I’ve been tracking it closely since September 25, 2025, when it flashed a sell signal that perfectly timed the start of a 73% price decline. After months of this heavy c
Kraken is deprecating its cross-chain provider and migrating to Chainlink CCIP as the exclusive infrastructure for its wrapped assets. Kraken posted the announcement on X on May 14, confirming that Chainlink’s Cross-Chain Interoperability Protocol will become its exclusive bridge infrastructure…
Blockchain security firm Blockaid flagged an active smart contract exploit draining $132,700 from ShapeShift’s FOX Colony on Arbitrum. Blockaid flagged the incident on X on May 13, identifying the attacker wallet at 0xeed236Afb6967f74099a0a6bf078BC6b865fbf28. FOX Colony is ShapeShift’s community governance and…
Solana’s Jupiter Lend has launched its first institutional lending market, with Bitwise Asset Management curating a dedicated USDe pool. Jupiter announced the partnership on May 13 via X, describing it as a turning point for onchain lending. The new Ethena…
Cardano DRep votes no on IO Consensus Initiative over ADA treasury transparency and milestone review concerns. Cardano governance returned to focus after a DRep voted against the IO Consensus Initiative governance action, citing treasury transparency, milestone controls, and process concerns around a proposed consensus-layer scaling program. ADA DRep Votes No on IO Consensus Initiative A […]
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Dune Analytics has laid off 25% of its staff, with CEO Fredrik Haga citing AI tools as the primary driver. Haga posted on X Thursday morning that the company had let go of 25% of its team, calling those affected…
The post Cardano Whales Hold 25B ADA as Analyst Sees Rally to $0.42 appeared on BitcoinEthereumNews.com.
Cardano whales now hold 25.09B ADA, equal to 67.47% of the circulation supply. Santiment says millionaire ADA wallets continued to accumulate despite Cardano’s 71% market-cap drop. Analyst Ali Martinez sees a new ADA buy signal, with potential targets at $0.33 and $0.42. Large Cardano holders continue to accumulate ADA despite the cryptocurrency’s prolonged market downturn, according to new data from analytics platform Santiment. The firm revealed that wallets holding at least 1 million ADA tokens now collectively control 25.09 billion ADA. Notably, this figure marks an all-time high in the group’s holdings. That amount represents 67.47% of Cardano’s current circulating supply, the highest concentration recorded since July 2020. Santiment noted that these major holders, often referred to as sharks and whales, have steadily increased their positions since December 2023. This accumul
TOTALES, TOTALE50, and TOTALE100 flash 4H long warnings. LINK, TAO, and ONDO sit at pullback zones as stablecoin dominance prints a fresh bullish signal. BTC printed its second TBT bearish divergence. RSI broke local support and carved a lower local low. That is what MooninPapa flagged on X. The bulls still have a bounce window. […]
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Cardano founder Charles Hoskinson said Monero represents the kind of privacy-preserving cryptocurrency Bitcoin might have become if stronger cryptographic tooling had been available at the time, praising the project’s technical design and its refusal to dilute its cypherpunk principles. Speaking in an interview with David Gokhstein, the Cardano founder framed Monero not as a marginal […]