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Newsbtc

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Cardano (ADA) Chart Setup Hints At A Major Upside Ahead – Here’s Why

  • Cardano (ADA) is showing signs of a potential breakout and upside move.
  • ADA has formed a base of support and is displaying constructive price action.
  • The descending triangle pattern suggests a potential breakout scenario.
  • Resistance at $0.6974 is crucial for determining ADA's next move.

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Bitcoinist

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Cardano Is Built For Bitcoin DeFi, Hoskinson Says — Ethereum And Solana Aren’t

  • Cardano founder, Charles Hoskinson, believes that Bitcoin DeFi is the future and sees Bitcoin's liquidity and decentralized finance as a powerful combination for the industry's future.
  • Hoskinson highlights Cardano's on-chain treasury system, on-chain governance, and openness about problems as factors that make it one of the strongest cryptocurrencies.
  • Despite facing development delays, Hoskinson believes Cardano's emphasis on peer-reviewed research and formal methods has given it a robust scientific foundation.
  • Hoskinson claims that Cardano is the best system to enable Bitcoin DeFi, positioning it as the largest market opportunity and highlighting Cardano's deliberate design choices.

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Cryptoticker

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Cardano Price Prediction: How High Can It Go?

  • Cardano (ADA) price is showing signs of a possible shift in trend after a multi-week downtrend, as it hovers near the $0.64 mark.
  • On the daily chart, Cardano price action appears to be forming a rounded bottom, suggesting a potential reversal pattern and increased buyer interest.
  • On the hourly chart, Cardano has broken above key short-term moving averages, indicating steady demand and possible retesting of $0.66-$0.68 levels.
  • If the current momentum continues, Cardano price could climb to test the $0.70-$0.75 zone, but a failed rally may lead to a correction back toward the $0.60-$0.58 support area.

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Cryptopotato

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Crypto Investment Products Experience $795 Million in Outflows Amid Tariff Concerns

  • Digital asset investment products saw $795 million in outflows, marking the third consecutive week of significant outflows.
  • Record $7.2 billion in outflows since February, almost wiping out all year-to-date inflows.
  • Bitcoin experienced the largest outflows, with $751 million leaving the market.
  • United States had the largest outflow of $763 million, followed by Switzerland, Hong Kong, Sweden, and Germany.

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Bitcoinist

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Hoskinson Says Cardano Is Ready Without Him, Embarks On High-Risk Trip

  • Cardano founder Charles Hoskinson announced the ecosystem's full decentralization and potential step back from active involvement.
  • Hoskinson mentioned embarking on a dangerous personal expedition, reflecting on Cardano's development and future direction.
  • Significant governance milestones were highlighted, with Cardano entering a fully decentralized phase under the Voltaire framework.
  • A focus on democratic governance, with a transitional constitutional committee in place and democratic elections scheduled.
  • Hoskinson emphasized the ecosystem's technical plurality, stressing the importance of node diversity and independent contributions.
  • Collaboration with Ethereum community members at a recent node diversity workshop showed Cardano's ambition for broader blockchain interaction.
  • Hoskinson discussed the growing interest in Midnight, a privacy-oriented blockchain protocol within Cardano, as a gateway for new users.
  • Reflecting on personal fulfillment, Hoskinson shared plans for a challenging expedition outside the crypto sphere after a decade in the industry.
  • Amid technical advancements, Hoskinson expressed a sense of weariness with the crypto market's focus on price movements over innovation.
  • Hoskinson affirmed Cardano's durability and decentralized nature, expressing pride in the removal of centralized elements from the ecosystem.

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Newsbtc

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Ethereum Price Suffers 77% Crash Against Bitcoin, On-Chain Deep Dive Reveals Reasons Why

  • Ethereum has suffered a 77% price crash against Bitcoin, leading to underperformance for almost four years.
  • Reasons behind Ethereum's price struggles include technical, sentimental, and regulatory issues.
  • Layer 2 solutions and complex roadmaps are cannibalizing activity on the mainnet and confusing investors.
  • High gas fees, slow upgrades, lack of investment appeal, and increased competition also contribute to Ethereum's decline.

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Newsbtc

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The Cardano Anomaly: ADA Quiet Now, But The Math Says Otherwise

  • Cardano (ADA) is displaying signs of revival, slowly building strength and momentum.
  • ADA's price trends above multiple moving averages, indicating sustained buying pressure.
  • A key resistance level at $0.62 could act as a near-term hurdle for ADA's price.
  • If ADA breaks above $0.68, it could potentially reach higher targets like $1.17 and $1.58.

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Bitcoinist

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Cardano Foundation CEO: We Can Run VISA On Chain

  • Cardano Foundation CEO Frederik Gregaard discussed topics ranging from the original ideals of Bitcoin to the significance of decentralized infrastructure at Paris Blockchain Week.
  • Gregaard highlighted the core ethos of Bitcoin, emphasizing the ability to transfer value without intermediaries and own assets, while acknowledging Ethereum’s evolution in disrupting financial models.
  • He underscored the influence of AI in global transformations, cautioning about the need to maintain control and transparency amidst its adoption.
  • Gregaard pointed out blockchain’s potential to ensure trustless computing and immutable data storage, citing a Cardano-based project in Eastern Africa that improved land registration transparency.
  • He emphasized the importance of verifiable data in AI-driven decision-making processes to avoid reliance on inaccurate information.
  • Gregaard discussed Cardano's ecosystem developments, including identity solutions and agentic AI, highlighting open-source wallet initiatives compatible with the Legal Entity Identifier system.
  • He challenged the notion that public permissionless blockchains cannot scale, asserting Cardano's capability to handle volumes comparable to Visa and MasterCard through innovative technological advancements.
  • The CEO stressed the potential of on-chain verified data to enhance transparency and accountability in various sectors, envisioning a future where blockchain empowers stakeholders and shareholders.
  • Gregaard urged for more transparency on blockchains to enable informed decision-making and regulatory oversight, empowering even small shareholders with meaningful insights.
  • At the time of writing, Cardano was trading at $0.63, showcasing continued market activity and interest in the cryptocurrency.

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Bitcoinist

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Cardano Enters Brazil Through Major University Collaboration

  • The Cardano Foundation has announced a partnership with the Pontifical Catholic University of Rio de Janeiro (PUC-Rio) in Brazil.
  • The collaboration will focus on the advancement of blockchain technology in the energy sector.
  • PUC-Rio's Ledger Labs will receive support from the Cardano Foundation to explore blockchain implementation in areas such as blockchain economics, DeFi, DAO governance, and digital assets.
  • The partnership aims to develop blockchain solutions for renewable energy fuels and promote social impact projects through philanthropic endeavors.

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Crypto-News-Flash

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“See You on the Other Side”: Hoskinson Hints at Exit as Cardano Enters New Era

  • Cardano founder Charles Hoskinson hinted at an exit as the blockchain network reaches full decentralization.
  • He mentioned plans for a dangerous personal expedition that could potentially result in death.
  • Hoskinson celebrated Cardano's progress, including the network's transition into a fully decentralized phase.
  • Efforts are being made to diversify Cardano's technical foundations and explore cross-chain possibilities with Ethereum developers.

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TechBullion

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BlockDAG’s Presale Skyrockets to $214M in No Time! Cardano & Toncoin Prices Decline

  • BlockDAG's Keynote 3 achieves outstanding results by securing $214 million in presale and 2,380% return since Batch 1.
  • Cardano (ADA) and Toncoin (TON) experience significant price declines of 34% and 40% respectively over the last three months.
  • Cardano remains within the top 10 cryptocurrencies with a market value of around $23 billion, while Toncoin draws attention due to its Telegram integration and expanding DeFi presence.
  • BlockDAG's strategic approach combines clear messaging, real outcomes, and strong presale momentum, positioning the project for success.

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Crypto-News-Flash

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Cardano (ADA) Forecast: Hoskinson Predicts $250K BTC — What That Means for ADA

  • Cardano founder, Charles Hoskinson, predicts that Bitcoin may hit $250,000 in late 2025 or early 2026, which could lead to new highs for altcoins like Cardano (ADA).
  • Bitcoin has rebounded from a drop caused by Donald Trump's announcement of reciprocal tariffs, currently trading at $82,000 with a 1.2% increase in the last 24 hours.
  • Hoskinson's projection is based on increased cryptocurrency adoption and geopolitical shifts, which could spur more investment in digital assets. Regulatory clarity is also expected to make the crypto market more appealing to institutional investors.
  • The surge in Bitcoin could have a positive impact on Cardano (ADA), with Grayscale filing for an ETF tied to ADA's price, potentially increasing confidence in the asset's long-term development.

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Zycrypto

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Bitcoin to Smash $250,000 This Year: Cardano Founder Hoskinson Issues Epic BTC Price Prediction

  • Charles Hoskinson, the founder of Cardano, predicts that the price of Bitcoin could reach $250,000 by the end of this year.
  • Hoskinson believes Big Tech companies entering the crypto space and regulatory progress will drive the surge in Bitcoin price.
  • Bitcoin experienced increased volatility due to President Donald Trump's trade policies, but rebounded after the announcement of a pause on tariffs.
  • Hoskinson expects a temporary market lull for the next three to five months, followed by a surge in speculative interest by August or September.

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Crypto-News-Flash

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Cardano (ADA) Price Analysis: 18% Jump Potential — Should You Buy Now?

  • Cardano (ADA) has an 18% jump potential per its price dynamics.
  • ADA remains trapped below all its major averages, indicating bearish control.
  • ADA's price could soon jump back to test its 200-day Moving Average at $0.74, resulting in an 18% rally.
  • Investors with a longer-term HODLing strategy may consider buying ADA at the current position.

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