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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.
Cardano (ADA), once hailed as a top contender in the blockchain space, is now facing a challenging phase as its price charts take a sharp turn for the worse. Over the past few weeks, ADA has struggled to maintain its footing, with technical indicators increasingly pointing to the possibility of further downside With market sentiment tilting toward caution, traders and investors are closely monitoring ADA's next moves.
Cardano (ADA) is testing crucial resistance levels near $0.83 while demonstrating increased network activity and balanced market sentiment, with key support established at $0.7350.
ADA's outlook suggests long-term strength as market participation and sentiment drive Cardano's bullish momentum.
Cardano founder Charles Hoskinson has categorically dismissed rumors linking hip-hop artist Kanye West, now known as Ye, to a proposed token launch on the Cardano blockchain. In a brief video posted on X (formerly Twitter), Hoskinson poured cold water on speculation that Ye might roll out a cryptocurrency project under Cardano's umbrella.
Cardano price started a fresh decline from the $0.820 zone. ADA is now consolidating losses and at risk of more losses below the $0.7350 level.
Bitcoin's (BTC -1.00%) price soared nearly 290% over the past two years. That rally was driven by the approvals of its first spot-price ETFs last January, its halving (which reduces its mining rewards) last April, expectations for lower interest rates, and the Trump administration's crypto-friendly policies.
Cardano was in a tight range at a crucial support level after Charle Hoskinson made a case for the network and its token.
Cardano is trading above key demand levels after experiencing a volatile Friday. The market reacted sharply to the news of Bybit's $1.4 billion hack, causing widespread fear and uncertainty.
Here is the latest Cardano (ADA) price prediction and how a new altcoin is poised to redefine crypto investments in 2025, blending technical analysis with emerging market trends.
Cardano (ADA) has shown resilience in recent days, bouncing back with a 4% recovery. However, the coin now seems poised to test its ascending trendline support once again.
Cardano (ADA) recently witnessed an impressive recovery of nearly 4%. However, the price now seems to be moving toward a retest of the ascending trendline support. This decline is driven by bearish market sentiment and the recent heist experienced by Bybit.
Cardano (ADA), the native cryptocurrency of the Cardano blockchain, is currently navigating a critical moment in its price action. While the cryptocurrency industry faces turmoil following a massive $1.4 billion hack targeting the ByBit exchange, ADA has shown remarkable stability.
