Zcash (ZEC), the market’s leading privacy-focused cryptocurrency, has delivered a massive performance, with year-to-date data showing ZEC is up more than 1,200%, dramatically outpacing major coins. Cardano (ADA), by contrast, has been in a very different posture, with the same period showing a roughly 66% retrace. The divergence has been so pronounced that Zcash briefly surpassed Cardano by market capitalization, pushing ZEC to become the 11th-largest cryptocurrency on May 10—an inflection point that has led at least one market expert to suggest ZEC could ultimately flip ADA in that key ranking. Why Zcash Is Catching Investors’ Eye Market expert Alex Carchidi highlighted several drivers in a new report, pointing to big accumulation as one of the most important themes. For example, Multicoin Capital disclosed in early May that it has been building a significant position in Zcash since February. That kind of accumulation is not limited to one firm. Cypherpunk Technologies has also accu
This Friday, we examine Ethereum, Ripple, Cardano, Binance Coin, and Hyperliquid in greater detail. Ethereum (ETH) Ethereum has been hovering just below the $2,400 resistance for over four weeks. With bulls unable to break this level, the price has entered a correction. At the time of this post, ETH is found at around $2,270 and […]
The post Cardano Millionaire Wallets Reach Record 25B ADA Holdings appeared on BitcoinEthereumNews.com.
Cardano Millionaire Wallets Reach Record 25B ADA Holdings
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On-chain data shows the Cardano sharks and whales have quietly accumulated amid the market decline as their holdings have hit a new record. Cardano Sharks & Whales Have Pushed Supply To A New All-Time High In a new post on X, on-chain analytics firm Santiment has talked about the latest trend in the supply of […]
The post Zcash drops 10% – Yet THIS ZEC support range still matters most appeared on BitcoinEthereumNews.com.
After a week of strong upside momentum, Zcash [ZEC] entered a correction phase. The token dropped more than 10% over the past 24 hours following its recent breakout rally. Even so, the decline still appeared more like a market reset than a full structural breakdown. At press time, ZEC moved toward a key imbalance zone between $505 and $439. That range may shape the next major move. Why did ZEC momentum weaken? The correction gained strength as long liquidations accelerated across the derivatives market. Over $7.84 million in long positions were wiped out in the past 24 hours. Source: CoinGlass Forced selling after strong rallies often intensifies downside pressure, especially when leverage becomes overcrowded. At the same time, Open Interest dropped sharply. ZEC Open Interest fell by more than $500 million over the last five days, showing traders closed positions instead of add
The post Cardano founder applauds XRP Ledger design after revisiting XRPL consensus model appeared on BitcoinEthereumNews.com.
Cardano founder Charles Hoskinson has once again drawn attention to the XRP Ledger (XRPL) after revisiting its consensus design during a live X Spaces session with David Schwartz. Hoskinson has offered fresh praise for the network’s architecture and reinforced a growing narrative of mutual respect between two of crypto’s most influential ecosystems. The Cardano founder, known for his research-driven approach to blockchain design, highlighted the XRPL’s consensus model as a “well-reasoned system,” emphasizing its efficiency, low-latency settlement structure, and long-standing focus on payments infrastructure. His remarks reflect a broader reassessment of early blockchain systems as institutional adoption and tokenization accelerate across the digital asset sector. Three days before the live session, Schwartz had joined the XRP Ledger Foundation board as an honor
The post Euro Stablecoin Issuers Eye €16T Market After MiCA Boost appeared on BitcoinEthereumNews.com.
TLDR The euro stablecoin market currently holds about €620 million in total capitalization. Euro stablecoins account for roughly 0.2% of the global stablecoin market. Transaction volume for MiCA-compliant euro stablecoins has increased by 1,200% since the regulation took effect. Issuers report rising inbound requests from entrepreneurs and institutional firms seeking regulated euro digital assets. The broader addressable market for euro-denominated activity stands at approximately €16 trillion. Euro stablecoins contribute nearly 13% of global stablecoin payment activity. Euro-pegged digital tokens remain small in market size, yet issuers now report rising demand from institutions and startups. The total euro stablecoin market stands near €620 million, or about 0.2% of global stablecoin capitalization. However, issuers say MiCA has triggered sharp volume growth and renewed interest acr
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
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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