TL;DR Analysts predict ADA could surge to $1.30, $1.60, or even a new all-time high above $4, depending on breakout levels. Recently, Cardano’s community approved a $71 million funding proposal designed for network upgrades. The Bullish Targets Cardano’s native token was at the forefront of gains in mid-July, soaring to as high as $0.93. Since…
There has been a sharp decline in altseason social engagement, with volume and dominance both retracing to April levels, according to Santiment. The slump comes despite strong July catalysts such as regulatory progress, real-world asset tokenization momentum, Ethereum’s revival, and record ETF inflows. “Yet crowd attention hasn’t rotated into altcoins,” observed analyst Chyan on Wednesday….
SEC Commissioner Caroline Crenshaw blocked a fast approval process on several crypto ETF products. Specifically, she delayed several new applications and dissented on options trading, basket ETFs, and more. In other words, the Commission will need a full vote to approve such measures, and more delays are likely. Atkins and the other pro-crypto Commissioners can…
BloFin has successfully concluded its flagship trading competition, WOW 2025, with the official list of winners now announced. Building on the success of WOW 2024, which saw over 210,000 participants, this year’s edition exceeded expectations with more than 370,000 participants and a total trading volume of $12.7 billion, once again demonstrating the strength of BloFin’s…
Leading meme coin Shiba Inu (SHIB) has been caught in a descending parallel channel since July 23, shedding over 20% of its value. On-chain data suggests that the altcoin could face additional bearish pressures, with waning demand pointing to a further downward move. SHIB Faces Bearish Pressure as Investor Confidence and Demand Fade Readings from…
Paxos Trust Company has agreed to a $48.5 million settlement with the New York State Department of Financial Services (NYDFS) over allegations it failed to monitor illicit activity linked to its former partner, cryptocurrency exchange Binance. NEW: DFS has secured a $48.5 Million settlement with Paxos Trust Company for anti-money laundering deficiencies and diligence failures….
Pudgy Penguins ($PENGU) has grown 12% to $0.0368, becoming Solana’s most valuable token with over 567,000 holders. However, after forming a double-top pattern, traders are watching to see if this meme coin can hold its ground or face a deeper pullback. Source: CoinMarketCap Pudgy Penguins ($PENGU) Soars From Memecoin to Solana Giant The recent listing…
Tether, the company behind the world’s largest stablecoin USDT, has made a new investment in Bit2Me, acquiring a minority stake in the Spanish crypto platform. As part of the deal, Tether is also leading a €30 million ($34 million) funding round to support Bit2Me’s expansion across Europe and Latin America. Tether Acquires Minority Stake in…
Momentum is building on the Solana network, with fresh on-chain records pointing to renewed strength beneath the surface. As altcoin season sentiment picks up, Solana has logged its highest-ever monthly non-voted transactions and transactions per second, signaling a sharp rise in real network usage. Despite still trading more than 75% below its all-time high, these…
Ripple, a leading force in enterprise blockchain and crypto-based payments, announced on Thursday its acquisition of stablecoin-powered platform Rail for $200 million. Today, we’re acquiring @RailFinancial: https://t.co/phM8Bnsa7m This strengthens Ripple’s leadership in crypto infrastructure and stablecoin payments by adding Rail’s robust back-office and virtual account capabilities to our global payments network. Learn how this deal…