Bitcoin Crumbles Toward $60K, Strategy Sold BTC, Zcash Faces Critical Vulnerability: Weekly Crypto Recap
Many cryptocurrencies charted multi-month or even yearly lows in the past week. ADA is among the poorest performers.
CoinJournal·
Key takeaways Hoskinson clarifies social media break as ADA remains under intense selling pressure ADA is down 30% this week and could extend its selloff in the near term. Cardano fell another 13% on Friday, bringing its weekly losses to more than 30% as investors reacted to comments from founder Charles Hoskinson and broader market […] The post Cardano extends weekly losses beyond 30% despite community activity surge appeared first on CoinJournal.
Read full articleMany cryptocurrencies charted multi-month or even yearly lows in the past week. ADA is among the poorest performers.
Cardano founder Charles Hoskinson rejected speculation that he is leaving the ecosystem, saying in a June 4 livestream that he is stepping back from public-facing communication but not resigning from Cardano. The comments came after his brief “taking a break” post on X triggered concern across the community and inquiries from journalists Hoskinson opened the […]
Cardano dominated crypto discussions after Charles Hoskinson warned of ecosystem failures and announced he was taking a break.
Hayes exited ZEC after an Orchard privacy bug raised supply doubts. He also liquidated HYPE and NEAR while rotating his portfolio. The Zcash flaw was patched, but future exploitation cannot be ruled out. Arthur Hayes, co-founder of BitMEX, has fully exited his positions in Zcash (ZEC), Hyperliquid (HYPE), and NEAR Protocol (NEAR). The decision comes […] The post BitMEX co-founder, Arthur Hayes, liquidates all his ZEC, HYPE, and NEAR tokens appeared first on CoinJournal.
This Friday, we examine Ethereum, Ripple, Cardano, Binance Coin, and Hyperliquid in greater detail. Ethereum (ETH) This week was one of the worst of this bear market as most cryptocurrencies fell by double digits. Ethereum was no different, crashing 17%. Unfortunately, the $1,800 support could not hold the bears back and quickly turned into resistance. […]
Key takeaways ZEC is down 45% and is now trading around $309 per coin. The vulnerability was fixed within days, and findings suggest that actual exploitation of the bug is unlikely. Zcash Zcash fell sharply on Friday after researchers disclosed a critical vulnerability in its Orchard shielded transaction pool that could have theoretically enabled the […] The post Zcash dips 45% after critical orchard pool vulnerability raises counterfeit token risk appeared first on CoinJournal.
Here's everything most interesting surrounding XRP, BTC, and ADA.
Cardano price trades near $0.16 after a 39% monthly drop as social buzz, active addresses, and Hoskinson concerns rise sharply.