Cardano's TapTools Winding Down is a Symptom of a Shrinking Chain

Jess Asato was portrayed by AI tool as wearing a bikini after she criticised the creation of such non-consensual pictures A Labour MP has taken legal action against Elon Musk’s AI company after saying its Grok tool helped a user produce fake sexualised pictures of her, part of a wave of such images that flooded X earlier this year. Jess Asato, the MP for Lowestoft, said in January that seeing herself portrayed by the AI tool as wearing a bikini without her consent was “violating”. Continue reading...

Charles Hoskinson warned that Cardano could face a broader “wave of failures” across its ecosystem after TapTools said it is preparing to wind down operations over the next two weeks, citing leadership departures and difficult platform economics. The June 2 livestream marked one of Hoskinson’s sharpest public interventions on Cardano’s current governance and commercialization debate. […]

One of the few analysts who accurately called Bitcoin’s 2025 top says he’s still buying BTC even though the bottom may not be in. The pseudonymous analyst KillaXBT tells his 201,800 followers on X that Bitcoin is likely going to revisit lower price values, but he is long-term bullish on the top crypto asset by […] The post Analyst Who Nailed Bitcoin 2025 Top Says He’s Accumulating BTC Despite Expecting Lower Prices – Here’s His Outlook appeared first on The Daily Hodl.

TapTools will shut down within 2 weeks after announcing closure on X. All 5 senior executives, including both co-founders, COO, and CTO, left this year. Rising operating costs and leadership collapse made operations unsustainable. The decentralized finance landscape is seeing some fresh turbulence, with TapTools, a major analytics platform, shutting down.  This sudden departure triggered […] The post Cardano Founder Issues Stark Warning as TapTools Exits appeared first on Live Bitcoin News.

Dogecoin’s price action has been quiet for months, but technical analysis shows that this quiet period may be exactly why the meme coin is worth watching again. According to a crypto pundit known as CoinForge on X, Dogecoin is repeating the same playbook it followed in 2024, when a long descending triangle eventually gave way to a violent breakout rally. The attached chart compares both structures side by side, showing the 2024 pattern before its explosive rally and the current 2026 formation now at a similar technical point. Dogecoin Repeating Descending Triangle From 2024 Dogecoin has spent much of 2026 looking like a forgotten asset in a market where traders have been more focused on Bitcoin’s breakdowns, Ethereum’s weakness, and other popular cryptocurrencies, including XRP. However, technical analysis of the daily candlestick timeframe chart shows a structural parallel between the rally in late 2024 and the present moment. Related Reading: Analyst Reveals Why Bitcoin Price Must Cr

Despite the collaboration, ADA dropped to a five-year low.

A cryptocurrency analyst has highlighted how XRP has recently dropped under a Symmetrical Triangle, potentially setting a target of $1.14. XRP Has Broken Below A Symmetrical Triangle In a new post on X, analyst Ali Martinez has talked about a Symmetrical Triangle that the daily price of XRP was potentially trading inside before the recent drawdown. The “Symmetrical Triangle” here refers to a pattern from technical analysis (TA) that forms whenever an asset trades between two converging trendlines. Related Reading: XRP Sees Biggest Exchange Inflow Of 2026—Shortly Before Even Larger Outflows The main feature of the pattern that separates it from other triangular channels is that it involves trendlines that approach each other at a roughly equal and opposite slope. Thus, as the asset trades inside this channel, its range shrinks to a midpoint. Like with other consolidation patterns in TA, the upper level of a Symmetrical Triangle is also assumed to be a source of resistance, while the low

TapTools has announced plans to wind down within the next two weeks after losing its fifth senior executive this year, adding to mounting pressure across the Cardano ecosystem following recent governance disputes and project closures. According to a statement published…