Leading the $4.11 trillion crypto sector, Bitcoin hit an unprecedented all-time high (ATH) price yesterday, briefly reaching $124,128 before sliding 4% to about $118,816 as of this writing. The main cause for today’s market-wide dip is hotter-than-expected inflation readings from July, which tend to flip investors into a risk-off outlook. However, the Bitcoin milestone has…
While most cryptocurrencies saw steep declines amid a $1.05 billion liquidation wave, Cardano (ADA) stood out as the only top-50 asset in the green. Despite an 11% dip after topping $1.00 for the first time since March, ADA quickly recovered, hovering between $0.89 and $0.91 and signaling strong buyer support on dips. The resilience came…
The Cardano Foundation has reversed its position on a contentious treasury withdrawal, switching its DRep vote to “YES” for funding a free Native Asset Content Delivery Network (CDN) for Cardano developers. In a post on X on August 15, the Foundation wrote: “After careful consideration, the Cardano Foundation DRep has changed its vote to YES…
Cardano (ADA) has surged past the $1 mark for the first time in months, gaining over 20% in the past 24 hours. The breakout, from $0.8454 to $1.01, signals renewed bullish momentum after a prolonged downtrend. ADA’s rally comes as traders spot a Golden Cross, when the 50-day moving average crosses above the 200-day, which…
Grayscale has taken its first official step toward launching a Cardano (ADA) exchange-traded fund (ETF), registering the Grayscale Cardano Trust in Delaware. The legal filing marks the start of the process, and an approval from the SEC could draw interest from both institutional and retail investors who value the cryptocurrency’s scalable and sustainable blockchain technology….
Grayscale Investments has officially registered the “Grayscale Cardano Trust ETF” in Delaware, marking a significant step toward bringing a spot Cardano ETF to market. The filing, made on August 12, 2025, reflects Grayscale’s established strategy, forming Delaware trusts before submitting formal applications to the U.S. SEC. This move comes as the SEC is already reviewing…
Grayscale Investments has registered two new statutory trusts in Delaware for Cardano and Hedera, signaling it may be preparing to launch spot exchange-traded funds for both assets. The filings, dated Aug. 12, list the entities as the Grayscale Cardano Trust ETF and the Grayscale Hedera Trust ETF, both organized as general statutory trusts. The registrations…
Cardano (ADA) is attracting heavy attention from crypto whales and institutional watchers after a massive $157 million accumulation in just 48 hours. On-chain data shows that the 200 million ADA tokens changed hands in large-scale purchases, lifting whale holdings to 10.3% of total supply. Analysts point out that this mirrors the 2021 accumulation pattern that…
Perplexity AI predicts that several leading altcoins could experience substantial price growth in the coming months, potentially making for a very lucrative holiday season for crypto investors. And market signs are flashing bullish to support this hypothesis. In early trading yesterday, Bitcoin looked almost set for a new all-time high, briefly touching $122,227. Clearly the…
A recent triangle pattern breakout points to new highs amid fresh retail liquidity, but stacking catalysts for demand could push the Cardano price outlook even further. The altcoin has surged 10% on the week in what now appears to be a lasting reversal, and a potential continuation of its mid-July bull run. This strength is…