Large investors, or whales, have raised their control over Cardano's ADA tokens to 68.76%, the highest since July 2020, despite the token's price falling over 70% this year. This surge in whale holdings suggests growing institutional confidence in Cardano's long-term potential, as they accumulate tokens at lower prices during the crypto market downturn. The increased concentration of ADA among whales contrasts with retail investors' fear amid market declines, indicating a strategic accumulation by large players. Analysts view this whale activity as an early bullish signal for Cardano's future price recovery.
Bitcoin dropped 1.3% to around $63,870 and Ethereum fell 1.4% to about $1,890 as crypto markets faced pressure at July's end. This decline contrasts with gains in traditional markets like South Korea's Kospi and U.S. stock futures. Bearish signals fr...
Bitcoin and ether prices fell slightly on the last day of July, diverging from strong equity gains in Asia and U.S. futures. Despite this, the broader crypto market, represented by the CoinDesk 20 Index, is set for its biggest monthly gain since July...
Bitcoin trades around $63,919 and Ethereum at $1,889, with both cryptocurrencies close to important support and resistance levels that could influence short-term trends. The 200-day moving average remains a critical reference point for assessing mark...
BNB, UNI, and ADA cryptocurrencies are currently showing strong breakout signals with potential upside gains exceeding 20%. BNB broke out of a descending channel, reclaiming key moving averages and targeting $675-$700. UNI confirmed a cup and handle ...
In June 2026, the Cardano wallet platform SecondFi was hacked, resulting in the theft of 16.1 million ADA tokens worth around $2.5 million. Investigations linked the attack to the North Korean Lazarus Group. SecondFi has kept its bounty offer active,...
