Cardano price flashes rebound signal as dormant ADA moves

Key takeaways ADA remains under pressure after last week’s 30% sell-off The coin could dip lower if the bearish trend in the market persists. Cardano (ADA) continues to struggle on Wednesday, trading near $0.1600 and extending losses following last week’s sharp 30% decline.  The cryptocurrency remains under intense selling pressure as investor confidence weakens and […] The post Cardano extends decline toward $0.15 as retail demand weakens appeared first on CoinJournal.

Hyperliquid price has slipped toward a critical support zone as a developing head-and-shoulders pattern threatens to trigger a decline below $40. According to data from crypto.news, Hyperliquid (HYPE) price has fallen more than 26% from its June 2 all-time high…

Cardano founder Charles Hoskinson is facing a new round of allegations after NFT creator Masato Alexander published additional on-chain tracing work tied to large ADA movements during the 2021 market rally. The claims add another layer to an already contentious debate over Cardano’s early allocation history, governance structure, and voucher redemption process. Large Cardano Flows […]

Cardano's ADA has crashed 88% from its cycle peak and lost key technical support. Here's what the charts say — and what traders are doing next. The post Is It All Over For Cardano? ADA Down -42% in the Past Month appeared first on 99Bitcoins.

ADA is now inches away from losing its spot in the top 20 alts by market cap.

Flare explores a LayerZero verifier network as speculation grows over a plan to bring FXRP into Cardano, though no integration is confirmed.

SIREN has plummeted by over 35% in the past 24 hours. Many altcoins follow suit.

On-chain data shows the RSI of the Bitcoin Stablecoin Supply Ratio (SSR) has dropped to a low of 13, a sign that the stablecoin supply is high relative to the BTC market cap. Bitcoin SSR RSI Has Sharply Gone Down Recently In a new post on X, CryptoQuant analyst Maartunn has discussed the latest trend in the RSI of the Bitcoin SSR. The “SSR” is an on-chain indicator that measures the ratio between the market cap of BTC and the combined valuation of all stablecoins. Related Reading: XRP Could Offer Major Buying Opportunity At $0.90, Analyst Says Stablecoins, digital assets that have their price pegged to a fiat currency, serve a different purpose in the sector than volatile assets like BTC. Generally, investors store their capital in the form of stablecoins whenever they want to avoid the volatility associated with other cryptocurrencies. These holders tend to eventually venture back into BTC and other coins, and when they do, they swap their stables in favor of them. Because of this, st