The post Cardano (ADA) Gives Back Half of Its 27% Weekly Rally appeared on BitcoinEthereumNews.com.
Cardano News Cardano (ADA) has surrendered roughly half of a punishing 27% weekly rally, sliding toward $0.18 in its third consecutive session of losses. Our reading of the tape shows the token down about 3.5% over 24 hours, with the retreat looking less like orderly profit-taking and more like a fading impulse. The question facing every ADA holder is whether this is healthy consolidation after an outsized surge or the opening leg of a structural rollover. The candles alone do not settle it — but the derivatives book beneath them, which we walk through below, leans toward caution as leveraged positioning unwinds and buyers step back from chasing this altcoin higher. Derivatives open-interest data underscores the shift. ADA futures open interest fell 8% in 24 hours to $434.34 million, a meaningful flush of leveraged exposure that typically accompanies position closures rather than fresh c
The post European Giant Clearstream Adds XRP and Other Tokens to Custody Offering: Full List appeared on BitcoinEthereumNews.com.
Clearstream, the major European post-trade services provider and subsidiary of the Deutsche Börse Group, has expanded its cryptocurrency custody footprint. The firm has announced the addition of a roster of new cryptocurrencies, including the Ripple-linked XRP, Stellar (XLM), Cardano (ADA), Solana (SOL), Litecoin (LTC), and Avalanche (AVAX). These new digital assets join Bitcoin (BTC) and Ether (ETH). According to the firm, this expansion caters to the growing demand for MiCA-compliant (Markets in Crypto-Assets) digital assets within institutional finance. European Giant Clearstream Adds XRP and Other Tokens to Custody Offering: Full List Ripple Exec: Washington Can’t Ignore Crypto Initial entry into crypto Clearstream is one of the world’s largest settlement and custody firms. It provides infrastructure securities across 60 different markets. In early 20
The post ‘Regular cycle’ disrupted? Hoskinson blames U.S. politics for crypto’s stall appeared on BitcoinEthereumNews.com.
Cardano’s Charles Hoskinson has criticized Trump’s involvement in the industry after nearly two years in office. In a recent interview with David Gokhshtein, Hoslinon contended that the cryptocurrency market is no longer propelled by its own technological advancement and uptake. Instead, it has become unduly reliant on American politics and regulation. Why is Hoskinson taking a jab at Trump? Hoskinson added his frustration, noting that what they consider to be a typical cryptocurrency market cycle has been repeatedly disrupted by political unpredictability in the United States. He believes investors spent much of their time reacting to policy uncertainty. Key questions included whether the U.S. would pass comprehensive crypto legislation, how tariff or monetary policies would affect risk assets, and whether the Trump administration would continue supporting the in
The post Ctrl Wallet to shut down August 3 after security exploit appeared on BitcoinEthereumNews.com.
Ctrl Wallet, a multi-chain crypto wallet application that supported more than 2,500 blockchain networks, has told users that it will pull most of its features from the app by August 3, urging them to move their funds before this date. The decision follows a security breach on the wallet last month tied to its Cardano integrations. The wallet’s developers chose to decommission the product after the exploits, and as of today, the app cannot be downloaded anymore. The app has disappeared from the Apple App Store, Google Play, and all browser extension marketplaces. The app remains available to all who had it already installed till August 2. Until this date, transfers, swaps, and dApp connections will continue to work as normal, along with seed-phrase exports. On August 3, the wallet would go into an export-only state where users will only be able to reveal and export their recovery phra
The post Cardano Price Prediction: Can ADA Hold the 50-Day EMA After Adding 15,000 Wallets in Two Weeks? appeared on BitcoinEthereumNews.com.
ADA has added 14,783 non-empty wallets since the June 23 bottom, surpassing pre-SecondFi exploit holder counts Price is up 35% from its late June lows and fighting to hold the 50-day EMA at $0.1858 The two largest ADA exchange supply removal days since June 23 came back-to-back on July 6 and 7 Cardano trades at $0.1794 on July 7, down 2.50% as price pulls back after touching $0.1858 on the 50-day EMA, a level that briefly gave way and is now the key zone bulls need to reclaim. Is ADA’s 35% Rally Running Into Its First Real Test? ADA 1D Price Action (Source: TradingView) The daily chart shows ADA inside a recovery that has taken price from a low near $0.1400 back toward the 50-day EMA at $0.1858, with price now sitting just below it after a brief push above. The Supertrend (10,3) at $0.1536 remains well below spot, confirming the short-term uptren
The post SecondFi is shutting down after Cardano wallet exploit appeared on BitcoinEthereumNews.com.
Cardano wallet firm SecondFi says it will not resume “normal operations” and will instead focus solely on “returning assets to affected users” as it continues to grapple with last month’s $2.4 million ADA exploit. Developer Emurgo, claimed yesterday that “SecondFi will not resume normal operations, even once the audits are complete.” It added, “Going forward, our involvement in SecondFi is limited to a dedicated asset recovery team, tasked solely with returning assets to affected users.” The firm has yet to release an audit of what took place during the exploit, which saw 16 million ADA ($2.4 million) stolen by bad actors, and 129 million ADA ($18.5 million) taken by a mysterious white hat hacker. Emurgo is also yet to launch a recovery plan for affected users and is still in the process of arranging one. Read more: Mystery deepens over Cardano wallet’s $18.5M white hat hacker What w
The post ‘I’ve Thrown in That Towel’: ADA’s Charles Hoskinson Finally Admits XRP’s Model Won appeared on BitcoinEthereumNews.com.
The post ‘I’ve Thrown in That Towel’: ADA’s Charles Hoskinson Finally Admits XRP’s Model Won appeared first on Coinpedia Fintech News Cardano founder Charles Hoskinson said the enthusiasm surrounding XRP stems from a structural dynamic he calls Web 2.5, where a centralised company continuously builds real-world value around its native blockchain, creating a self-reinforcing cycle that retail and institutional markets reward. Speaking in a wide-ranging discussion, Hoskinson described the pattern plainly. Ripple acquires a prime broker, … Source: https://coinpedia.org/news/ive-thrown-in-that-towel-adas-charles-hoskinson-finally-admits-xrps-model-won/
The post Cardano Price Prediction: ADA Holds Above Support as RealFi Expands the Ecosystem appeared on BitcoinEthereumNews.com.
Key highlights: ADA is still in a broader downtrend, with $0.1950 marking the next key resistance Analysts say another rally is needed before Cardano’s recent strength can be viewed as a trend reversal RealFi has launched its Cardano testnet, introducing a stablecoin ecosystem focused on real-world credit markets Cardano has been one of the top performing digital assets in the top crypto league during the last seven days; hence, there is good reason for traders to watch this asset after a month-long period of declining prices. Of course, this fact did not pass by Daan Crypto Trades, who indicated that ADA is the standout performer among other altcoins in terms of performance. Furthermore, the analyst added that the rise of coins such as Cardano is an indicator of growing appetite for risks in the broader altcoin markets. ADA is recovering, but the bigger tre
