This week, the cryptocurrency market is generally bullish. Ethereum ( ETH ) has strongly broken through the key resistance level of $2800, aiming for $3350-$3500; Ripple ( XRP ) challenges the $2.6 resistance after breaking $2.3, targeting a return to the $3 level; Cardano ( ADA ) ends its downtrend, successfully holding above the $0.64 support, with hopes of hitting $0.9 and reigniting the $1 hope; Solana ( SOL ), although with a slightly lower increase, targets $186 and the psychological level of $200 after holding above the $152 support; Hyperliquid ( HYPE ) hits a new all-time high of $46.25, aiming for the key resistance level of $50. The overall market is driven by Bitcoin reaching an all-time high, with long positions dominating, but caution is needed for potential seller rebounds near key resistance levels.

Charles Hoskinson reiterated that he expects the price of Bitcoin (BTC) to rise to $250,000 within the next 12 to 24 months, driving the market capitalization close to $5 trillion. With the advancement of the GENIUS stablecoin bill and the CLARITY bill, the U.S. crypto market will welcome new regulatory clarity, which will further drive institutional investors into the crypto market, bringing the next wave of Bitcoin big pump. Key figures in the crypto industry are optimistic about the passage of these bills, believing that they will provide crucial support for the maturation of the crypto market.

The Cardano Foundation, the organization behind the Cardano public blockchain, recently released its latest financial report, indicating a significant rise in total assets, from $478.24 million at the end of 2023 to $659.1 million in 2024. At the same time, the foundation also announced the official launch of the enterprise-level financial reporting system Reeve based on the Cardano blockchain on July 8, aiming to enhance the transparency and security of financial data.

Bitcoin (BTC) has set a new historical high of $117,000, and the focus has turned to when the next altcoin season will arrive. Google Gemini AI predicts that Ripple (XRP), Pi Network (PI), and Cardano (ADA) will experience a strong rebound by the end of 2025, potentially surpassing the 2021 bull run cycle.

Gate News Bot message, July 11, according to CoinMarketCap, as of the time of writing, ADA (Cardano) is currently priced at $0.67, having risen by 8.84% in the last 24 hours, with a high of $0.68 and a low of $0.56. The current market capitalization is approximately $23.81 billion, an increase of $1.933 billion compared to yesterday. Currently, ADA ranks 10th in the Crypto Assets market capitalization. Cardano is a proof-of-stake blockchain platform that aims to provide the necessary tools and technologies for changemakers, innovators, and visionaries, creating possibilities for the masses and bringing about positive global change. Cardano is the first blockchain platform built on peer-reviewed research and developed through an evidence-based approach. It combines pioneering technology to provide unparalleled support for decentralized applications, systems, and societies.

Today (4) in the Asian afternoon session, the price of Cardano (ADA) has fallen to 0.5870 USD, delaying the breakout rebound of the downward channel. This week's overall rebound has increased the supply of Cardano's ADA tokens by 2.34 billion, which may increase buying pressure. The technical outlook indicates that due to the opposing market forces delaying the breakout signal, ADA is at a crossroads.

Gate News bot news, with the full implementation of the on-chain governance model defined in CIP-1694, the Cardano ecosystem is taking the next steps to consolidate community governance leadership. At the core of this new era is the election of the constitutional committee (CC), whose responsibility is to uphold the principles of the Cardano constitution.

According to a report by Golden Finance, market news indicates that Bloomberg analysts have raised the approval probability of Spot XRP, DOGE, and Cardano ETF to 90%.

Gate News bot message, according to CoinDesk, Cardano founder Charles Hoskinson proposed a reserve reorganization plan. He suggested converting $100 million in ADA reserves into Bitcoin and Cardano's native stablecoins USDM and USDA, aiming to strengthen the Decentralized Finance and stablecoin ecosystem. Hoskinson pointed out that this conversion operation will not cause drastic fluctuations in market prices. He also mentioned that currently only 10% of the TVL in stablecoin issuance "is strangling Cardano." Data shows that the total TVL on the Cardano chain is $356 million, with the stablecoin portion accounting for only $31 million. Source: CoinDesk

Gate.io News bot, according to Wu Shu, in response to Cardano founder Charles Hoskinson's claim that "Ethereum will not survive for 10 years", Helius Labs CEO Mert made a public response. In response, Mert noted: "As much as I don't like some (not all) parts of ETH, it's still not an absolute fog (only concept and no substance)". At the same time, he advised Hoskinson to "criticize ETH after competing 10% with ETH on a single metric".

On April 25, Helius Labs CEO Mert responded to Cardano founder Charles Hoskinson's statement that Ethereum would not survive for 10 years. Mert stated: Although I dislike certain aspects of ETH (not all), it is still not absolute vaporware (only a concept without substance), and suggested that Hoskinson should compete with ETH on a single metric for 10% before criticizing ETH.

The Cardano Foundation's report shows that as Crypto Assets rise, the value of its assets has increased from $478.24 million to $659.1 million, with Bitcoin accounting for 15% and ADA for 77%. The primary source of income is from stake rewards, with an expected acquisition of 17.1 million ADA in 2024, yielding a return rate of 2.7%.

Cardano (ADA)'s technical indicators are sending positive signals. Traders have discovered a rare weekly golden cross pattern on the ADA/USD chart. A golden cross typically occurs when a shorter-term moving average crosses above a longer-term moving average, often seen as a signal that buyers are starting to gain an advantage in the Crypto Assets technical analysis after months of Sideways movement. Analyst Mr. Brownstone pointed out that Cardano has just recorded its first-ever weekly golden cross, with its 50-week MA successfully crossing above the 200-week MA. This is undoubtedly an important Crypto Assets bull run signal for ADA's long-term price movement.

The price of Cardano (ADA) stabilized around $0.62 today (10) during the Asian afternoon session after breaking through the falling wedge pattern the day before. This bullish breakout coincides with Bitcoin (BTC) hitting a historic high, sparking optimism in the market for ADA and the entire crypto assets market. Derivatives data show that ADA's open interest (OI) and traders' bullish bets are increasing, reflecting a growing investor confidence. The technical outlook suggests that ADA will continue to rise, with a target price of $0.73.

Cardano (ADA) price remained stable around $0.58 during the Asian early trading session on Thursday (July 3) after experiencing a nearly 8% rebound the previous day. This recovery comes as uncertainty over crypto assets regulation reignites: the SEC ( announced it would suspend approval decisions for further review just one day after approving Grayscale ) digital large cap fund (GDLC).

The price of Cardano (ADA) remained stable around $0.58 as of Thursday when this article was written, after rebounding nearly 8% the previous trading day. Despite renewed regulatory uncertainty, as the SEC suspended the approval of Grayscale's digital large-cap fund (GDLC) for further review, the price of ADA still showed signs of recovery. However, derivative data indicates that traders remain optimistic, with bullish bets on ADA reaching their highest levels in over a month.

Gate News Bot news, June 26, according to CoinMarketCap data, as of the time of writing, ADA (Cardano) is currently priced at $0.57, having fallen 2.08% in the last 24 hours, with a peak of $0.61 and a low of $0.51. The 24-hour volume reached $659,912,220.71. The current market capitalization is approximately $20,266,093,494.70, a decrease of about from yesterday.

Gate news, the impact of the ceasefire between Israel and Iran seems to have been absorbed by the market, with the momentum at the beginning of this week replaced by a relatively calm trading atmosphere today. Only PI coin and Maple Finance have seen a rise of over 10%, while the average increase of the top 100 Crypto Assets by market capitalization is about 2%. The average fall of these Crypto Assets is similar, reflecting the general wait-and-see attitude of the market.

Gate News bot reported that, according to Bloomberg, the Central Bank of Norway unexpectedly announced a cut in borrowing costs for the first time since the pandemic and stated that there may be further rate cuts this year. The Norwegian krone fell in response. On Thursday, the Central Bank of Norway lowered its key deposit interest rate by a quarter of a percentage point to 4.25%, catching all economists surveyed by Bloomberg off guard, as none of them expected a change in rates. Officials indicated that if economic development roughly aligns with current forecasts, the policy rate will be further lowered in 2025.

Odaily News Cardano Foundation announced the launch of Originate, which is an Open Source Traceability infrastructure designed to verify the authenticity of products and support industry verification. This solution simplifies the product and industry certification verification process through an integrated system that centrally manages inventory, data, and processes.

Gate News bot message, thanks to the newly released plugin on GitHub, the Cardano Blockchain is now interoperable with Unreal Engine 4 and 5. This allows Cardano to integrate into the real-time gaming environment of Unreal Engine. This integration will unlock some key features, including: on-chain assets in a 3D world: this enables blockchain-based assets to be seamlessly integrated into interactive virtual environments; in-game trading markets: this integration will allow the creation of decentralized Web3 game trading markets, making it easy for players to trade in-game items directly within the game; token-gated experiences: providing exclusive access to specific game features or areas, secured by blockchain tokens. Native wallet interaction: providing users with direct wallet functionality, simplifying transactions and asset management.

Gate News bot news, the SEC has postponed its decision on Grayscale's applications for Avalanche and Cardano Spot ETF, extending the review period to July 15, 2025. During this period, the public comment period will remain open, and the SEC is actively seeking feedback on the applications.

According to Jinse Finance, on-chain analyst Ali (@alicharts) monitored that in the past week, large investors have accumulated purchases of over 180 million ADA tokens.

Charles Hoskinson, the founder of Cardano, announced the details of the Glacier Drop Airdrop plan for the privacy sidechain Midnight at the Consensus 2025 conference. The plan will airdrop NIGHT governance tokens and DUST shielded transaction tokens to approximately 37 million users across 8 major Blockchains, targeting only retail investors and not reserved for venture capital firms. The project is currently in the Testnet phase and plans to launch the Mainnet by the end of 2025.

According to the Gate.io News bot and CoinDesk, at the Consensus 2025 conference, Cardano founder Charles Hoskinson announced the "Glacier Drop" airdrop plan for the privacy sidechain project Midnight. The plan will distribute NIGHT and DUST tokens to 37 million users across 8 mainstream public chains and explicitly states that no allocations will be made to venture capital firms. Hoskinson introduced the "Collaborative Economics" model at the conference, which allows users to make payments using cross-chain assets such as ETH and SOL, and participate in validation revenue sharing. The Midnight testnet is already up and running, with the mainnet planned to officially launch by the end of 2025.

PANews May 15 news, according to CoinDesk, Cardano founder Charles Hoskinson announced the details of the "Glacier Drop" Airdrop plan for the privacy sidechain Midnight at the Consensus 2025 conference. The plan will distribute the governance token NIGHT and the privacy token DUST to 37 million users across 8 mainstream public chains, explicitly excluding shares for venture capital institutions, with all tokens directed to ordinary users. Hoskinson also proposed a "cooperative economics" model, allowing developers to use native tokens such as ETH and SOL to pay for cross-chain application fees, and validators can also collaborate across chains to earn revenue. The Midnight Testnet has been launched, with the Mainnet expected to start at the end of 2025. This Airdrop is seen as a strategic move to alleviate industry fragmentation and respond to the entry of tech giants.

Cardano founder Charles Hoskinson raised doubts about the future of Ethereum, suggesting that it has structural flaws that may prevent it from surviving for 10 to 15 years. Although Ethereum has the highest total locked value, there are issues with its economic model, Virtual Machine design, and Consensus Mechanism. Layer 2 solutions have been criticized as "parasitic systems" that do not address the core scaling problem. (Source: Cryptopotato)

Despite facing selling pressure from whales, Cardano (ADA) is still struggling to reclaim the $1 level. Analysis indicates that unless long positions can regain control and turn the $0.73 resistance level into a support level, the likelihood of ADA achieving a sustainable pump to $1 in the short term remains low. On the other hand, if ADA loses the critical support zone at $0.54, it could trigger a deeper pullback, dipping to $0.50 and possibly retesting the wedge bottom area near $0.44, at which point stronger buying interest may eventually return.

Cardano (ADA) may be faking weakness, with the price of ADA hovering around $0.587 for most of July after a 12% fall over the past month. Despite a decline in retail investor attention, on-chain data shows a completely different situation, with a potential bear trap forming.

As price behavior and Whale activity begin to show new patterns, the price of Cardano (ADA) may be transforming. According to on-chain data shared by crypto analyst AliCharts, wallets holding between 1 million to 10 million ADA have increased their holdings by a total of 120 million ADA over the past two weeks. Interestingly, this buying frenzy occurred while the price remained relatively stable, which often suggests quiet accumulation.

According to Gate, as of Wednesday (June 25), the price of Cardano (ADA) has slightly fallen by less than 1%, losing momentum after forming a doji on the previous trading day. On-chain data shows that the support from large investors (commonly referred to as "Whales") is on the rise, while retail investor Cardano holdings have decreased, indicating a decline in risk appetite. The surge in open contracts for ADA suggests that the likelihood of a leveraged-driven upward trend is increasing due to heightened buying activity and increased capital inflow.

Gate News bot reported that Cardano's compliant fiat stablecoin USDM has reached a cooperation with Lace Wallet, aiming to expand its business scope and improve the on-chain availability of USDM. First, USDM will be automatically included in Lace Wallet's token directory, providing holders with native support within the wallet. In addition, the partnership will also provide in-wallet exchange integration between ADA and USDM and is expected to offer staking rewards. Lace Wallet's partnership with USDM will enable holders to use the stablecoin in Cardano's native DeFi applications. In addition, as Cardano gradually expands its Bitcoin DeFi business, USDM issuers are also committed to playing a greater role in the ecosystem.

According to the Gate News bot, Cardano continues to improve its capabilities as a Bitcoin DeFi (BTCFi) platform and facilitate the transfer of Ordinals to its mainnet. The on-chain transaction between Bitcoin and Cardano is facilitated by BitVMX, an interoperability protocol built using the BitVM programming language. Cardano Development Company Input | Output (IO) said in an email announcement that the bridge represents a "preview of what's to come" and that its ultimate goal is to achieve full integration of Bitcoin with Cardano, provide DeFi services to BTC users, and unlock huge amounts of liquidity from Bitcoin's stored value. To this end, IO has developed the "Cardinal" protocol, which leverages BitVMX to distribute Bitcoin's native assets to addresses on Cardano.

Cardano (ADA) has fallen for the second consecutive day this week, maintaining a bearish trend due to the re-emergence of market risk aversion, as U.S. President Trump extended the tariff suspension period to August 1. Large investors (Whales) have reduced their holdings of 170 million ADA over the past two weeks, indicating that funds are flowing out. Against the backdrop of whale dumping supply, derivative data shows that optimism is declining as traders expect further losses in the market.

According to Gate, as of Tuesday when the report was released, Cardano (ADA) fell by 1%, continuing the 0.88% decline from Monday, while maintaining a sideways trend within a 7-day price range. Although the pullback has shaken retail investors, large investors (commonly known as "Whales") have significantly increased their risk exposure, purchasing 490 million ADA tokens. The divergence between these Whales and retail investors, along with the weakening optimism indicated by technical and derivative data, places ADA at a critical crossroads. Can ADA break through the current downward channel driven by the Whales?

According to Gate, recently, the enthusiasm in the crypto assets market has surged, mainly due to the skyrocketing price of Bitcoin (BTC), which once reached an unprecedented $111,814. However, the escalating conflicts in the Middle East have temporarily suppressed the momentum of market development, causing it to stagnate while the market is warming up. Against the backdrop of the international community urging a ceasefire, digital asset prices are expected to rebound, and more and more people speculate that 2025 may usher in a new era of record valuations.

Gate news, Cardano (ADA) is currently attempting to establish a rising trend on the price chart, but the current market sentiment has not firmly supported long positions. Although the fluctuations of Bitcoin (BTC) earlier this week provided some short-term support, ADA has not recorded stable capital inflow throughout June. Instead, selling pressure has dominated most of the time. However, recently ADA seems to have issued some signs of recovery, which has led the market to start anticipating whether a strong breakthrough is imminent?

Gate News bot message, Bitwise's Alpha Strategy Director Jeff Park and Blockstream founder Adam Back stated that the industry may be affected by the Bitcoin (BTC) treasury bond craze.

According to a report from Jinse Finance, on-chain analyst @alicharts has monitored that in the past 48 hours, whales have purchased over 120 million ADA.

The founder of Cardano, Charles Hoskinson, has launched the first Bitcoin DeFi protocol Cardinal, utilizing MuSig2 technology to achieve cross-chain functionality, supporting Bitcoin users in lending and staking on the Cardano blockchain, and allowing the use of Ordinals inscriptions as collateral, compatible with multiple public chains.

PANews May 13 news, according to an official announcement from Brave, Brave has reached a cooperation with Input Output (IO) to integrate the Cardano Blockchain into the built-in Multichain Wallet of the Brave browser. After the update is launched, users can directly access Cardano through the Brave Wallet, manage native assets such as NIGHT, participate in governance, and exchange Tokens.

BlockBeats news, on May 13, according to CoinDesk, the Brave browser announced that its native Wallet will soon support the Cardano (ADA) Blockchain, allowing users to send, receive, and exchange ADA and Cardano native assets directly within the browser without relying on third-party extensions. This integration is part of Brave's multi-chain functionality expansion, and the Wallet already supports Ethereum and Solana.

The recent price movement of Cardano (ADA) has indeed become stagnant. The ADA price is currently hovering in a typical "no man's land," with Crypto Assets investors closely following the key $0.54 support level. Although this price level has successfully prevented multiple falls, ADA currently seems directionless, lacking a clear trend.

In the past few trading days, Cardano(ADA) price has followed the footsteps of Bitcoin(BTC) and Ethereum(ETH), launching a significant rise from the $0.5650 support area. ADA has successfully reclaimed the two key resistance levels of $0.5750 and $0.580. The next important support level is at $0.5320, where it is expected that long positions may regroup again, forming a potential rebound point.

Gate News bot message, according to CoinGape, Cardano is enhancing its position as a Bitcoin smart contract layer, but Cardano founder Charles Hoskinson believes that the lack of an authoritative execution will affect its narrative. Major participants in the ecosystem support this view, stating that as the Cardano network moves towards Bitcoin DeFi, it needs a new narrative.

Gate news, on Monday (June 23) during the Asian afternoon session, the price of Cardano (ADA) followed the rebound of the crypto assets market, reported at $0.54, but still failed to fully recover the losses from the weekend. Due to escalating tensions in the Middle East following U.S. President Trump's attack on Iran, selling pressure has led to a significant pullback in ADA profits.

Gate News bot message, the Cardano (ADA) ecosystem continues to steadily rise. Currently, the platform has 2004 active projects, of which 820 focus on non-NFT applications and 1184 are NFT-centric.

According to Gate News bot, Cointelegraph reported that in response to community concerns about the use of approximately $600 million in ADA funds, Cardano founder Charles Hoskinson announced that an audit report will be released for clarification. The questioning mainly focuses on a transfer of 318 million ADA (currently valued at about $229 million) that occurred during the Allegra hard fork in 2021. NFT artist Masato Alexander raised allegations that Hoskinson used the genesis key to tamper with the ledger. In response, Hoskinson denied this, stating that most of the tokens had been redeemed by the original purchasers, and the remaining portion had been transferred to Intersect as a donation.

Cardano founder Charles Hoskinson responded to the allegations of ADA token misappropriation, promising to release an audit report. The controversial transfer involving 318 million ADA has been redeemed or donated. He feels hurt by the community's distrust and is considering handing over the management of social media accounts.

Gate.io News bot message, DL News reported that Cardano founder Charles Hoskinson announced in a podcast that the team is developing a stablecoin with privacy features. This stablecoin aims to achieve cash-like anonymous payment capabilities. Hoskinson emphasized that transactions of stablecoins in the current market can be tracked on-chain. Cardano plans to meet AML regulations while ensuring user privacy through a "selective disclosure" mechanism.