Cardano whales, defined as wallets holding at least 1 million ADA, have increased their holdings to 25.11 billion ADA, the highest since December 2027, representing over 67% of the circulating supply. This accumulation has grown steadily since late 2023, reflecting strong investor confidence amid a prolonged downtrend in ADA's price, currently around $0.23. The whales' buying activity is linked to Cardano's network improvements and growing regulatory clarity in the US, including potential benefits from the proposed Clarity Act in 2026. Despite a predicted short-term price drop to $0.208 by June's end, continued whale accumulation could trigger a rebound.
CME Group has introduced round-the-clock trading for its cryptocurrency futures and options, including contracts for XRP and Cardano (ADA). This move aligns CME's trading hours with the 24/7 nature of blockchain networks, allowing institutional trade...
Cardano (ADA) saw a surge in 24-hour trading volume above $380 million despite a recent 7% price drop over the week, indicating increased investor interest. Founder Charles Hoskinson's optimistic "parabolic 2027" forecast has drawn attention to Carda...
Cardano's major holders, known as whales, have accumulated ADA tokens to record levels not seen since 2017, controlling over 67% of the supply. This accumulation comes even as ADA's price continues to decline and network activity remains low, with fe...
The crypto market is experiencing a broad sell-off with major coins like Bitcoin near $73,000, Ethereum around $2,000, and Solana below $85, all showing negative performance. This decline contrasts sharply with the S&P 500 reaching new all-time highs...
Most major cryptocurrencies experienced price declines, including Bitcoin dropping 3.25% to $72,762 and Ethereum falling 3.96% to $1,987.25. Other notable coins like Binance Coin, Solana, and Cardano also saw decreases, reflecting a broad market pull...
