Cardano's ADA has been under sustained selling pressure since losing a key support level in mid-May, with short positions making up about 75% of derivatives exposure. Despite increased trading activity, much of it reflects bearish bets rather than renewed buying interest. The Cardano community is growing frustrated, shifting focus from price to concerns about ecosystem growth, developer activity, and user adoption. Without renewed confidence in Cardano's development and usage, ADA faces challenges in reversing its downtrend despite potential for a relief rally.
XRP's price dropped to $1.14, with Ripple's former CTO David Schwartz stating crypto prices often defy logic amid retail investor frustration. Cardano's ADA hit a 5-year low at $0.1917 as founder Charles Hoskinson announced a break following internal...
Cardano founder Charles Hoskinson announced he is taking a break after warning of a coming wave of project failures in the Cardano ecosystem, causing ADA to drop 12%. He expressed frustration over the community's reluctance to use treasury funds to s...
Bitcoin briefly dropped to $61,300 before recovering to around $62,500, triggering $3 billion in liquidations over two days. Derivatives markets show strong bearish sentiment, with increased put option activity at the $60,000 strike and rising implie...
More than half of all bitcoin in circulation is now held at an unrealized loss, with 10.5 million BTC underwater compared to 9.8 million BTC in profit. This crossover, which has historically marked major bear market bottoms, coincides with bitcoin te...
Cardano's ADA token dropped below $0.20 for the first time in over five years, falling nearly 10% after founder Charles Hoskinson announced he is "taking a break". Hoskinson warned of a "wave of failures" in the Cardano ecosystem following setbacks l...
