Cardano (ADA) has been struggling to maintain its price levels, with recent price action reflecting a lack of growth amid bearish market conditions.
This week, we examine Ethereum, Ripple, Cardano, Solana, and Hype in greater detail. Ethereum (ETH) It was a quiet week for Ethereum that only managed a small 1% price increase.
Curve DAO is experiencing a decent uptrend after continuous months of red. Investors are keen to see when this token can reclaim the $1 level again.
Tether buys $32 million in Bitdeer shares, increasing its stake above 21% as Bitcoin miners struggle with falling prices and rising costs.
The finance ministry in Moscow is now considering the creation of a Russian cryptocurrency similar to the U.S. dollar-pegged Tether (USDT), local media reported. The proposal to issue a domestic stablecoin comes after last month Tether blocked billions of rubles' worth of crypto assets in wallets on a sanctioned Russian exchange.
The Bank of America is attempting to enter the stablecoin market and is positioning itself against established industry leaders like Tether and Circle. Pegged to fiat currencies like the US dollar, stablecoins account for billions in daily transaction volumes and traditional banks are unwilling to be left out of the loop.
Russian officials are reconsidering the country's reliance on foreign-issued stablecoins after wallets linked to the sanctioned crypto exchange Garantex were frozen.
Stablecoin giant Tether has aggressively bought shares in Bitcoin miner Bitdeer, snapping up another $32 million worth as the market slumps.
Cardano (ADA) has been trading below the $0.70 mark since March 29, struggling to regain bullish momentum. Despite brief signs of strength, recent indicators now point to weakening trend conditions.
The Cardano (ADA) price is currently battling with key short-term resistance levels around $0.63, with the crypto at an important near-term cross roads. The post Cardano Price Analysis: Where is ADA Headed Next? appeared first on Cryptonews.
Stanford lab, focused on AI research, will use the decentralized cloud computing platform Theta EdgeCloud for its work on LLMs. The decentralized cloud could be the solution for AI's vast computing needs.
The Cardano price remains in a deep bear market, having lost over half its value since peaking in November last year. Cardano (ADA) dropped to $0.
Cryptocurrencies have been performing positively in the past week after President Trump hit the pause button on his decision to implement high tariffs on imported goods from all countries.
Cardano developer Input Output has made a key step forward in advancing the Cardano blockchain. In a tweet, Input Output stated it had submitted its "Cardano Vision - Work Program 2025" proposal to fund the foundational work required for Cardano's long-term growth.
As Congress debates stablecoin legislation, a high-stakes power struggle is playing out between banks, tech giants and crypto firms.
The Russian Ministry of Finance is exploring the possibility of developing its own stablecoin. This comes after recent U.S. sanctions and actions by Tether, which blocked wallets linked to the Garantex exchange.
Aligning with the broader crypto market trend, Cardano (ADA) and Dogecoin (DOGE) are showing signs of a potential rebound, with analysts remaining bullish. The crypto market is currently on an upward trajectory, with the total market cap reaching $2.66 trillion, representing a modest 0.83% surge.
New sanctions have reignited calls in Russia for financial self-reliance.
Cardano has remained sluggish for a long time, shifting investors' attention away from the token. The volume over the platform has never been constant and has witnessed huge spikes only in times of a massive rise in the bullish dominance, which triggers a strong ascending trend within the markets.
Russia plans to develop its own stablecoins after Tether froze $27 million on a Russian exchange amid ongoing sanctions.
Cardano price stuck at $0.61 below key resistance while upcoming Bitcoin staking integration could potentially drive major growth.
Solana, Cardano, and Avalanche are currently leading the cryptocurrency market losses, with each experiencing drops of over 5% in the past 24 hours.
Tether has invested in fintech firm Fizen to accelerate the real-world adoption of stablecoins and promote global financial inclusion through user-friendly self-custody payment solutions.
A senior official from Russia's Finance Ministry has suggested that the country should develop its own stablecoins pegged to various currencies following the recent blocking of USDT stablecoin wallets linked to Russia.
The Cardano Foundation has formally announced a new partnership with the Pontifical Catholic University of Rio de Janeiro (PUC-Rio), a top-ranked Brazilian university renowned for its contributions to research and development. The collaboration, revealed on April 15, will concentrate on the advancement and practical application of blockchain technology, specifically within the energy sector in Brazil.
Cardano (ADA) has shown major structural developments as it re-enters a multi-year trading range. The recent price action suggests acceptance back within this long-term structure, with indicators pointing toward a potential move to the lower support region.
Stablecoin issuer Tether is the largest centralized finance lender (CeFi) in the digital asset space, according to new analysis. Zack Pokorny, a research analyst at the crypto investment giant Galaxy Digital, notes that Galaxy and the Bitcoin (BTC) lending firm Ledn were the second and third-largest lenders, respectively.
Russia's push for its own stablecoins highlights a strategic shift to reduce reliance on Western financial systems amid increasing sanctions. The post Russia's finance ministry official urges country to launch its own stablecoins after USDT wallet block appeared first on Crypto Briefing.
Bitcoin (BTC) has risen above $85,000, signaling that the bulls are trying to form a higher low at $83,000. The short-term price action remains susceptible to news related to the US tariffs and the ongoing trade war with China.Gold has been a clear winner during the current bout of macroeconomic uncertainty.
Cardano price has crumbled by double digits from its peak in November last year. However, its fundamentals, especially the incoming Bitcoin staking on its network, coupled with a highly bullish chart pattern, could trigger an ADA surge, potentially to the all-time high of $3 in this cycle.
Cardano (ADA) has gone down by 4.8% in the past 24 hours as cryptos have started the week on a negative tone ahead of a speech scheduled for today from the Chairman of the Federal Reserve, Jerome Powell.
Cardano (ADA), the 10th largest cryptocurrency by market capitalization, fell to $0.60 in the early Wednesday session as its drop from the April 13 high of $0.668 reached its fourth day.
The altcoins underperformed relative to the broader market in today's trading, despite some encouraging recent news emerging for the Solana ecosystem.
Cardano (ADA -6.17%) might have a significant lead in a domain that most other cryptocurrencies are only starting to think about. That domain pertains to a certain risk that could crack the cryptography that protects today's blockchains from intruders, hackers, and other bad actors.
Cardano (ADA) fell to $0.51 before recovering on April 7. The altcoin is trading below the moving average lines on the daily chart but above the $0.51 support.
Tether has invested in Fizen Limited to grow stablecoin use and make crypto payments easier for users and businesses.
Cardano gains 10% weekly, holding steady at nearly $0.637 as whales increase holdings. Traders watch for a breakout above the 20-day EMA.
Cardano's price has experienced a notable decline recently, falling to $0.60 after failing to recover.
Cardano (ADA) forms a descending triangle pattern at $0.63 with key resistance at $0.6974, suggesting potential breakout if support holds.
Bitcoin (BTC) and other major tokens lost more than 3% as Tuesday's rally was met with profit-taking during Asian morning hours Wednesday — in line with expectations.
Cardano price started a fresh decline from the $0.680 zone. ADA is consolidating near $0.620 and remains at risk of more losses.
The mood in the equity and crypto market turned sour late Wednesday as Nvidia shares crashed in after-hours trading following a $5.5 billion charge tied to the Trump administration's decision to ban the company's H20 chip sales to China.
Cardano (ADA) is flashing early signs of a potential breakout, with its latest chart structure suggesting that the bulls may be preparing for a major upside move, Thomas Anderson's analysis. After weathering recent market volatility, ADA has carved out a base of support and is beginning to show constructive price action marked by rising lows and increasing buying interest.
Tether Invests in Fizen Limited to address financial exclusion by enhancing stablecoin payment infrastructure. The investment will improve Fizen's blockchain capabilities across multiple ecosystems, allowing users to store, transfer, and transact with USDT through familiar payment methods like QR codes. The post Tether Invests in Fizen to Advance Stablecoin Adoption appeared first on Cryptonews.
Cardano creator Charles Hoskinson has weighed in on the recent dramatic collapse of trendy real-world asset upstart Mantra's OM token, underscoring ADA's stability over the years amid serious concerns of a major hack or rug pull in the Mantra ecosystem.
The partnership could significantly boost crypto usage and economic empowerment, fostering a more inclusive financial landscape in Argentina. The post Kripton selects TRON and Tether to drive crypto adoption and financial inclusion in Argentina appeared first on Crypto Briefing.
Tether, the company behind the world's largest stablecoin USDT, has strategically invested in Fizen Limited to support the broader adoption of stablecoins and self-custody solutions. The deal, announced on April 15, did not disclose the financial details but aligns with Tether's broader goal of promoting financial inclusion through blockchain technology.
Fizen will use the investment to drive stablecoin adoption via its platform.