Large Cardano holders accumulated over 10 million ADA tokens within 72 hours, signaling strong underlying demand despite stable prices. This accumulation reduced circulating supply and suggested long-term positioning, although the price remained range-bound between $0.2367 and $0.4249. Top traders on Binance showed a strong bullish bias with 68.77% holding long positions, and funding rates turned positive, indicating growing confidence in upside potential. However, weak trend strength and crowded long positions mean a breakout is not yet confirmed, with the market still in consolidation awaiting a decisive move.
Cardano (ADA) fell 4% to around $0.18 on July 6, becoming the weakest among top 10 cryptos due to long liquidations and falling open interest. Founder Charles Hoskinson remains optimistic, highlighting the upcoming Leios upgrade that could increase t...
Bitcoin surged to around $62,800 after dropping below $58,000 earlier in July, signaling renewed confidence in the crypto market and easing concerns of a deeper fall to $50,000. Ether also recovered to about $1,760 following a recent dip. While major...
SecondFi has announced it will not return to normal operations following a security breach that drained about 16 million ADA from 374 wallets. EMURGO, the company behind SecondFi, is prioritizing asset recovery for affected users and has halted produ...
Cardano (ADA) rallied over 31% last week, reaching a peak near $0.199 before settling around $0.188. The surge followed a low near $0.14 in late June and was supported by new wallet growth and increased futures open interest hitting $515 million, sig...
Cardano has seen a 33.09% price rebound over the past week, supported by the return of 14,783 new ADA wallets since its low on June 23. This recovery follows a period of heavy selling and community uncertainty fueled by ecosystem challenges and misin...
