Why is Cardano price down today?
Diminishing user activity and stiff overhead resistance are driving Cardano’s prices lower today, with bears focused on driving ADA lower toward $0.76.
Diminishing user activity and stiff overhead resistance are driving Cardano’s prices lower today, with bears focused on driving ADA lower toward $0.76.
Billionaire entrepreneur Mark Cuban, best known for owning the NBA’s Dallas Mavericks and his role on the television show Shark Tank, has reiterated his preference for Bitcoin over gold as an economic hedge amidst growing financial uncertainties. In a recent statement, Cuban emphasized Bitcoin’s advantages, stating, “I think it has more value,” and revealed his … Read more
Bankrupt cryptocurrency exchange FTX denied claims that crypto exchange Backpack has acquired its European subsidiary, FTX EU. FTX said that the deal has not been approved by the US Bankruptcy Court in Delaware. Backpack announced on 7 January 2025 that it had acquired FTX EU as part of the court-approved bankruptcy process. Backpack claimed that … Read more
Solana may outperform Bitcoin and Ether in 2025, thanks to a potential US-based spot SOL ETF and retail profit expectations.
In the past 24 hours, $521 million has been liquidated from the crypto market.
The Nigerian securities regulator has cautioned that some applicants for virtual asset service provider (VASP) licenses do not meet regulatory requirements. SEC Welcomes Stakeholder Feedback The Director-General of the Nigerian Securities and Exchange Commission (SEC), Emotimi Agama, warned that some virtual asset service provider (VASP) license applicants do not meet the regulator’s requirements and will … Read more
Whales have sold over 70 million ADA, triggering uncertainty in the market as pivotal metrics suggest a bearish trend. The sell-off escalated, significantly impacting ADA’s price, with markets now closely watching support levels that could determine its next move. According to COINOTAG, “The recent sell-off has heightened concerns among investors, leaving Cardano on shaky ground.” … Read more
The Federal Reserve is charting a cautious path towards rate cuts as it navigates inflationary pressures linked to upcoming policies from President-elect Donald Trump. Concerns over the core personal consumption expenditures (PCE) inflation rate, currently at 2.8%, underscore the complexities facing the Fed as they evaluate economic signals. As highlighted by analysts from COINOTAG, “The … Read more
President-elect Donald Trump has chosen Paul Atkins to lead the U.S. Securities and Exchange Commission (SEC). Atkins, who has deep ties to conservative financial circles in Washington, will replace outgoing Chair Gary Gensler, who plans to leave on January 20. This shift raises questions about the future of the crypto markets. Atkins, known for his … Read more
Coinbase may be required to send certain information related to user accounts to the CFTC in response to a subpoena related to Polymarket.