The post Cardano News Highlights Leios Progress and Stablecoin Growth appeared on BitcoinEthereumNews.com.
Key Insights Cardano developers reported progress across Leios, Mithril, and governance initiatives. More than $9 million in USDCx was minted during the week. ADA price continues trading near a closely watched support area. Cardano recorded new development milestones, governance activity, and stablecoin growth during the past week, according to ecosystem updates released by Input Output and Intersect. The developments arrived as ADA traded near a key technical level that traders continue monitoring amid broader crypto market weakness. Cardano News Shows Progress Across Key Projects The Cardano ecosystem recorded several notable developments over the past week, according to the latest report from Input Output. One of the main updates came from work on the Leios protocol. Developers said efficiency improved after the introduction of a new stakeholder-based committee design. As a res
The post Mounting Uncertainty as Cardano Teeters on a Knife-Edge appeared on BitcoinEthereumNews.com.
Cardano (ADA) is grappling with volatile market conditions that have resulted in considerable price fluctuations. After weeks of trading beneath a key support level, a fresh surge of anxiety emerges as the monthly close draws near, positioning the cryptocurrency at a critical juncture. Continue Reading:Mounting Uncertainty as Cardano Teeters on a Knife-Edge Source: https://en.bitcoinhaber.net/mounting-uncertainty-as-cardano-teeters-on-a-knife-edge
The post Cardano price risks $0.113 as Summit 2026 cancellation hits ADA appeared on BitcoinEthereumNews.com.
Cardano price remains under pressure after the Cardano Foundation confirmed that its proposed Cardano Summit 2026 will not take place this year following failed treasury votes. Summary Cardano Summit 2026 was canceled after DReps rejected funding, adding fresh governance pressure around ADA. ADA traded near $0.236, below Ali’s $0.247 channel floor, keeping downside targets in focus now. RSI and MACD remain weak, while low volume shows buyers have not regained control yet. The Cardano Foundation said it would respect the outcome of the latest treasury proposal votes after the community rejected funding for the planned Cardano Summit 2026. The organization said governance requires participation and a commitment to accept collective decisions. In a statement on X, the Foundation said the proposed event “will not take place this year” after the vote failed. It added that it had rev
The post Cardano’s Price Path: Will It Struggle to Rebound? appeared on BitcoinEthereumNews.com.
Cardano’s ADA token has recently dipped below its enduring $0.247 support level, a threshold that had been steadfast since 2021. The token is currently trading at $0.232, suggesting a potential pivotal moment in Cardano’s price trajectory, as indicated by technical analysts. Continue Reading:Cardano’s Price Path: Will It Struggle to Rebound? Source: https://en.bitcoinhaber.net/cardanos-price-path-will-it-struggle-to-rebound
A clear overview of Osk Dao: what it is, the problem it addresses, how its token works, ecosystem fit, and key risks for users.
The post Osk Dao Explained: Token, Governance, And Use Cases appeared first on BiteMyCoin.
The post ADA Hits Make-or-Break Point Ahead of Bearish Monthly Close appeared on BitcoinEthereumNews.com.
ADA eyes bearish monthly close Cardano price outlook Although the crypto market is beginning to flash subtle signs of recovery following the recent market volatility, Cardano has reached a technical juncture as its price struggles below critical levels. While the market is showing mixed price actions, popular crypto analyst Ali Martinez has shared data revealing that ADA is currently changing hands around $0.232, below its multi-year support level. ADA eyes bearish monthly close The market downside pressure has pulled ADA’s trading price below $0.247, which has served as its key support zone since 2021 as the asset has maintained a steady close above that level. Bitcoin (BTC), Zcash (ZEC), Ethereum (ETH) and XRP Price Analysis for May 30: Bearish Pressure Emerges JPMorgan Boss on Crypto Bill: ‘We’ll Fight It’ While historical data shows that $0.247 has acted as a lower boundary d
The post Bitcoin faces $70K test as Hyperliquid’s stablecoin supply rises 8% – Capital rotation? appeared on BitcoinEthereumNews.com.
Reading on-chain data at the right time can give investors an early edge. At the current stage of the cycle, timing matters more than ever. From a technical view, traders have wiped $10 billion+ from the market this week, dragging Bitcoin closer to $70k. With major liquidity clusters sitting on both the upside and downside, the next move could trigger a significant liquidity sweep in either direction. That said, several early indicators suggest bulls are gradually losing control. Bitcoin sentiment has dropped into extreme fear, a level that has historically signaled capitulation events. At the same time, more than 45% of short-term holders (STHs) are now underwater, increasing the likelihood of panic selling as market participants begin to test their conviction. Source: CryptoQuant Notably, the same trend is visible among U.S. investors. According to Cr
The post Cardano ($ADA) Cracks a Floor It Has Held Since 2021 appeared on BitcoinEthereumNews.com.
Cardano’s $ADA is trading below $0.247, a multi-year channel floor. A monthly close here could push the token toward $0.113 or lower. The price was at $0.232. Not the worst level Cardano ($ADA) has ever traded at, but the position matters. That number sits below $0.247, the base of a multi-year channel ADA has defended since 2021. The monthly close is still pending. According to @alicharts on X, ADA has traded within a defined multi-year channel going back to 2021. The definitive floor of that pattern sits at $0.247. With the token now printing $0.232, the market is staring at that boundary in real time. The Line Everyone Watched Just Got Crossed @alicharts flagged the setup plainly: a monthly close below $0.247 alters the immediate market structure. The word used was “deeper valuation phase.” Not correction. Not dip. A phase. That framing implies something more drawn-out than a wick and
