White House Crypto Summit Snubs Cardano co-founder Charles Hoskinson Left Off Guest List
Charles Hoskinson was not invited to the White House Crypto Summit and has not participated in any crypto policy discussions.
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Charles Hoskinson was not invited to the White House Crypto Summit and has not participated in any crypto policy discussions.
Anticipation is growing in the crypto world ahead of the White House Crypto Summit set for Friday, March 7, 2025. This first-of-its-kind event is expected to play a crucial role in the future of U.S. crypto policy, possibly launching a U.S. strategic crypto reserve.
Cardano (ADA) could be primed for a massive 125% near-term rally to new multi-year highs above $2.0 as whale buying surges, a widely followed crypto analyst said on Wednesday. The post Cardano Primed for a 125% Rally? ADA Snaps Key Downtrend Ahead of Crypto Reserve appeared first on Cryptonews.
Cardano (ADA) has shown notable volatility in recent weeks, raising questions about its ability to hold its price above the $1 mark. After surging to $1.13 amid heightened whale activity and a historic 72.15% rally in a single day, Cardano struggled to maintain those gains, currently trading around $0.94.
CryptoQuant CEO Ki Young Ju explained that the Trump administration is backing crypto assets that ultimately serve the United States' national interests against others. This followed President Trump's directive to move forward with a Crypto Strategic Reserve.
Cardano (ADA) is showing strong bullish signals, with analysts eyeing a breakout above $1.50. If ADA surpasses this resistance, a surge toward $2.50 could be in play.
Cardano price is drawing attention from analysts, with recent forecasts indicating the potential for a strong upward movement. Crypto analysts Javon Marks and Ali Martinez have identified key resistance levels that could determine ADA price trajectory.
Cardano (ADA) has experienced significant volatility, initially surging 80.83% from its February 3 low of $0.6249 to a peak of $1.13 on March 3, driven by President Trump's announcement of a Strategic Crypto Reserve, which included ADA as a key asset.
Cardano is up by nearly 10% in the past 24 hours and currently stands at $0.9569.
The bullish setup hints at a $1 breakout, but sustaining it remains a challenge for ADA.
Because of extreme volatility in the crypto market, investors search for alternative investment opportunities. The value decline of Cardano to around $0.80 has brought insecurity to its holders as Dogecoin (DOGE) owners shift their focus toward this new emerging altcoin.
Cardano (ADA) has been testing a pivotal price range, fueling optimism that it could soon reclaim the $1.5 mark. Despite the broader cryptocurrency market facing bearish pressure, ADA has demonstrated resilience, showing signs of strength as whales heavily accumulate the token.
Bitcoin struggles to overcome $90,000 as bears attempt to hold the level as resistance, but BTC and altcoin charts suggest the upside is the most likely path that prices will take.
Crypto prices have made solid gains today, March 5, 2025. The total crypto market cap is back above $3 trillion and Bitcoin reclaimed $90,000 briefly before retreating to around $89,000.
Bitcoin and Ether were widely expected in a US crypto reserve, but American-made projects like Ripple, Solana and Cardano raise eyebrows.
Cardano has seen massive volatility since last weekend after an explosive 80% price surge, fueled by President Trump's announcement that ADA will be part of the U.S. Strategic Crypto Reserve. The news triggered a wave of buying activity, sending Cardano soaring as investors reacted to the unexpected endorsement.
Cardano (ADA) has once again cleared all losses as its value skyrocketed by 46% in the past seven days, fueled by bullish sentiment on the cryptocurrency market. ADA rose to a high of $1.02 as market participants actively traded the coin.
Cardano (ADA) has gained 46% in a remarkable rebound weekly, bringing the cryptocurrency back to the key $1 level.
Peter Schiff, economist and crypto critic, demands an investigation into Trump's crypto reserve, claiming that the announcement might amount to a pump and dump scheme.
Tracy Jin, Chief Operating Officer of cryptocurrency exchange MEXC, on Wednesday attributed President Donald Trump's decision to include Cardano (CRYPTO: ADA) and Ripple‘s (CRYPTO: XRP) in the U.S. strategic crypto reserve to his businessman instincts, despite market skepticism and a subsequent Bitcoin (CRYPTO: BTC) price retreat. What Happened: Unveiled on Sunday, the reserve—set to include Bitcoin, Ethereum (CRYPTO: ETH), Solana (CRYPTO: SOL), XRP, and Cardano—triggered a swift market reaction, with Bitcoin climbing from $85,000 to $95,000 before relinquishing all gains by Monday.
The cryptocurrency market is witnessing a robust rebound, with Cardano (ADA), KAITO, and Dohrnii (DHN) emerging as standout performers. Cardano has soared 64% from its recent low, fueled by regulatory optimism, while KAITO's 22.7% surge reflects strong buying pressure. Meanwhile, Dohrnii has skyrocketed 118.1%, driven by explosive trading volume.
The conversation surrounding Cardano (ADA) as a potential U.S. reserve asset has been gaining traction, but experts remain divided on its viability. The idea, which initially started as part of a broader discussion on alternative cryptocurrencies, has sparked skepticism as analysts question whether ADA has the necessary characteristics to be classified alongside established assets like Bitcoin (BTC) or Ethereum (ETH).
Cardano (ADA) is presently experiencing a significant increase in popularity on cryptocurrency exchanges. Investors are closely monitoring the most recent data, which suggests a significant increase in network activity and price movement.
Cardano price has caught the eyes of investors today with its recent jump of nearly 20% nearing the $1 mark. Notably, the surge comes amid massive buying pressure by the ADA whales, especially after Donald Trump revealed plans to add altcoins like XRP, ADA, and SOL, to the US Reserve Asset list.