Bitcoin appears on the verge of losing the $85,000 level, which could trigger a cascading liquidation event. Will bulls show up to buy the dip and defend a critical support level?
Cryptocurrencies are recovering this morning from yesterday's sharp drop. Both Cardano (ADA) and Ethereum (ETH) are posting strong gains of 5% and 2.5% in the first few minutes of the American session.
Cardano price continues to stabilize after crashing to its three-week low on Tuesday. ADA price today trades at $0.7 as the sell-off took a breather and as crypto investors focus on the upcoming meeting between Charles Hoskinson and a yet-to-be-named VIP.
The U.S. Securities and Exchange Commission (SEC) has formally acknowledged Grayscale Investments' filing for a Cardano-based Exchange-Traded Fund (ETF). While this acknowledgment does not indicate immediate approval, it is an essential step that could mark the beginning of a significant shift in how cryptocurrencies are integrated into traditional financial markets.
TL;DR Altcoins Show Recovery: After significant market losses, XRP, ADA, and DOGE have posted impressive gains, providing relief to investors. XRP Holds Key Level: XRP surged 11.3% overnight, holding a critical support level and gaining investor confidence from positive news.
Grayscale has recently filed a request with the SEC for the approval of a spot ETF on Polkadot.
Cardano's (ADA) price action has captured the attention of crypto enthusiasts after a significant drop in recent days. As of February 25, 2025, ADA's price plunged by 13%, landing at the critical $0.65 support level.
Pi Coin has garnered significant attention due to its mobile mining model and strong community backing. However, with 2025 approaching, questions remain about its viability as an investment compared to established altcoins like Solana, Dogecoin, and Cardano. Experts cite its transition to open trading, regulatory challenges, and real-world adoption as critical hurdles.
Grayscale Investments has filed an application with the U.S. Securities and Exchange Commission (SEC) to launch an exchange-traded fund (ETF) based on Polkadot's DOT token.
Cardano (ADA) has recently experienced a sharp downturn, falling by 10% and dropping to a key support level of $0.65. The decline comes in tandem with Bitcoin's struggle to hold above $90,000, further exacerbating the bearish sentiment across the cryptocurrency market.
Cardano (ADA) held up well on Monday despite a sharp drop in the prices of other major cryptos like Bitcoin (BTC), with the crypto holding firmly above its 200DMA, a sign that bulls are still putting up a solid fight. The post Cardano Eyes 70% Surge – Hoskinson Takes Shots at Ethereum and Solana appeared first on Cryptonews.
Cardano (ADA) has fallen nearly 10% in the last 24 hours, continuing a 30% correction over the past month. Despite the sharp decline, trading volume has surged by 123% in the last 24 hours, reaching $1.4 billion.
ADA, the native token of the Cardano blockchain, is poised for a massive price recovery due to its current market structure and price action. After a significant price drop and consecutive strong red candles pushed ADA to the crucial $0.65 level, traders believed it had failed to hold this support.
Ripple (XRP) once traded at $0.050 before soaring to $3.40, while Cardano (ADA) jumped from $0.10 to $3.10, creating millionaires among early investors. Those who hesitated now watch from the sidelines, wondering if another opportunity will emerge. Mutuum Finance (MUTM) is sparking similar excitement, currently in its second presale phase at $0.015 per token.
Cardano price is currently facing downward pressure, with analysts pointing to key support levels that could determine its next move. The altcoin has broken below a parallel channel, signaling increased bearish momentum.
The cryptocurrency market is flashing signals that could define investment outcomes for years to come. Among these, Mutuum Finance (MUTM) has already secured $1,277,233.47 in its presale, attracting 2,540 holders at a current price of $0.015. Analysts tracking its trajectory point to a 300% surge at launch.
Following an acknowledgement of Grayscale's Cardano ETF by the U.S. SEC, other altcoins could be poised for the same.
The cryptocurrency market's 7% decline has triggered a deeper slide for altcoins, with XRP (CRYPTO: XRP) and Cardano (CRYPTO: ADA) seeing steep double-digit losses. Despite promising developments—including a potential ADA ETF and a major XRP Ledger upgrade—sentiment remains weak.
Cardano (ADA) is showing significant signs of reclaiming the psychological price of $1 if it follows in the footsteps of BNB.
As part of his Cardano price prediction, crypto analyst CobraVanguard has revealed what needs to happen for ADA to never drop below the $0.8 level again. This comes amid the US SEC's acknowledgment of Grayscale's Cardano ETF filing, providing a bullish outlook for the crypto.
Charles Hoskinson, Cardano (ADA) creator, has reacted to the ongoing market sell-off in the cryptocurrency space. Hoskinson highlighted a massive contradiction in the crypto space in a post he shared on X.
Long-term holders face losses as Cardano price crashes by 10% amid market crypto market sell-off. The market experiences sharp declines, triggering ADA's downturn.
Cardano crashes below $0.70, currently trading at $0.66 after a 10% drop in 24 hours. Analysts warn ADA could fall further to $0.40 if market conditions worsen.
Cardano (ADA) has been under significant pressure in recent months, struggling to maintain key price levels. With concerns over a potential bear market mounting, many investors are on edge.
Cardano's price could soar by 25% to reach $0.85 if it holds the $0.65 level, otherwise, it could drop by 30% to $0.45.
Despite the positive news, ADA's price has collapsed by double digits in the last 24 hours.
Cardano (ADA) has witnessed significant price fluctuations, experiencing a drop of 13% over the past 24 hours. As of February 25, 2025, ADA is trading at around $0.67, nearing a critical support level of $0.65.
The SEC acknowledged NYSE Arca's proposal to list the Grayscale Cardano Trust, setting the stage for regulatory review. If the SEC approves the ETF, it would provide institutional exposure to ADA without direct ownership.
Cardano is among the front runners for crypto ETF approval in 2025, along with Litecoin, XRP and Solana.
It is the first step of the approval process, which, however, could still take months.
NYSE Arca's filing for a spot Cardano exchange-traded fund has been acknowledged by the United States Securities and Exchange Commission. According to a Feb.
Bitcoin's price recently dipped below $91,000, marking its lowest point in months, causing a ripple effect throughout the broader crypto market. In just 24 hours, over $100 billion in market value was wiped out. This has led to increased uncertainty, with Bitcoin down by 5% and altcoins suffering even bigger losses.
The U.S. Securities and Exchange Commission (SEC) has officially started reviewing Grayscale's proposal for a Cardano (ADA) exchange-traded fund (ETF). This comes after NYSE Arca submitted a request to the SEC to list and trade shares of the Grayscale Cardano Trust on the stock exchange, and a decision is expected within 180 days.
Cardano (ADA) saw a sharp decline on Monday, dropping 10.41% to $0.6856 by 17:54 (22:54 GMT) on the Investing.com Index. This marked its largest one-day loss since February 24.
NYSE Arca has filed a proposal with the SEC to list and trade shares of the Grayscale Cardano Trust on the stock exchange.
Cryptocurrency prices dived on Tuesday morning, with Bitcoin crashing below the key support level at $92,000 for the first time in almost two weeks. Other altcoins like Cardano (ADA), Solana (SOL), and Tron (TRX) also crashed.
ADA, the native token of the Cardano blockchain, has experienced a significant price drop in the past 24 hours, reaching a crucial support level. As of today, February 25, 2025, ADA has dropped 13% and is currently trading near $0.67, while its trading volume has surged by 110%.
The U.S. Securities and Exchange Commission (SEC) has acknowledged Grayscale's filing for a spot Cardano (ADA) exchange-traded fund (ETF). This step marks the beginning of the SEC's review process, which will determine whether the proposed ETF can be listed and traded on the New York Stock Exchange (NYSE) Arca.
The SEC's decision on Grayscale's Cardano ETF could significantly impact ADA's market perception and regulatory landscape by 2025. The post SEC acknowledges Grayscale Cardano ETF filing, decision by August 2025 appeared first on Crypto Briefing.
The Cardano blockchain is capturing attention as experts project its native token, ADA, which could climb to $7 in 2025, driven by expanding smart contract adoption and institutional interest. While this growth would turn a $500 ADA investment into nearly $5,000, another cryptocurrency is emerging as a faster path to similar returns.
Charles Hoskinson has revealed the “biggest area of growth” for the Cardano network as analysts forecast that ADA price could witness a massive surge towards $10. The bullish projections come despite Cardano price moving sideways in tandem with the broader crypto market.
Bitcoin price is at risk of falling from its current trading range and exploring new lows under $90,000. Can bulls turn the tide?
The market is down, FUD has returned, and the always-fickle Fear & Greed Index is perilously close to the ‘afraid' category as $BTC's price remains solidly below the $100K mark. The total crypto market cap is down 1.63% in the past 24 hours.
Cardano (ADA) began the week on a bearish note, slipping almost 10% in under 24 hours amid a broader crypto market downturn following fears of a $1.5 billion Bybit hack and lackluster on-chain activity.
Cardano (ADA) is nearing a breakout from a descending wedge. Holding $0.696 support could trigger a rally to $0.812 and beyond, while failure risks a drop to $0.530 before reversal.
The crypto market saw further selling pressure at the start of Monday's trading session, as traders considered recent events from the weekend. Bitcoin and most crypto assets are in the red, continuing Sunday's sell-off.
Cardano (ADA) has captured the attention of both investors and traders in the crypto space as it displays signs of a potential breakout above its key resistance level. After a period of selling pressure, the altcoin has been steadily recovering, gaining bullish momentum thanks to growing market participation and shifting sentiment.