Category: Crypto news

Right now, ADA is chilling at around $0.628, and this little boost has given traders and analysts a serious confidence boost. Like, they’re suddenly all, “Maybe, just maybe, Cardano could actually make a move and climb the market cap ranks.” 🚀

President Trump’s dear Truth Social, that echoing chamber of affirmation, has caught the blockchain bug with the same enthusiasm Wildean dandies chase the latest fashion. The new utility token, set to launch with a discreet rustle of fanfare, will integrate cryptocurrency rewards directly into platform pleasures—so that users may earn as they bask in their own opinions. Forget pearls before swine: now it’s crypto gems before Patriots.

The capital will also be used to expand its capabilities within the network and acquire more tokens. As part of the plan, Bit Mining said it will convert some of its existing crypto holdings into SOL and adopt a long-term holding strategy. However, the firm did not specify how much of its reserves would be converted initially.

It all happened as Bitcoin’s price, like a particularly stubborn Russian ghost, refused to stay buried after its most recent all-time high. Alas, markets rebound faster than my aunt from her fifth marriage.

According to Edelman, the days of catastrophic Bitcoin crashes may be behind us—not because volatility will vanish, but because the market’s composition is changing. As more institutions, hedge funds, and sovereign entities get involved, large sell-offs are increasingly viewed as entry points rather than exit triggers. “These aren’t retail panic sellers,” he noted, “they’re long-term players with capital ready to deploy.” It’s like a game of financial chess where the pawns are replaced by elephants and dragons.

This jolt of enthusiasm comes as Bitcoin continues its deeply existential sidewalk shuffle just below all-time highs. Apparently, BTC is waiting for the perfect moment to dramatically sigh and collapse on a chaise lounge. In the meantime, Ethereum and a ragtag bunch of altcoins are seizing the day, or at least a few hours, like substitute teachers left alone with the class hamster.

The price leap, as dramatic as a Noël Coward play, coincided with whispers of a proposed Crypto ETF, no less endorsed by the one and only President Donald Trump. This news, as unexpected as a teacup in a gin joint, aligned perfectly with a golden cross pattern—where the 7-day EMA gallantly crossed above the 30-day EMA—and a bullish pennant formation, both historically linked to upward price momentum. How delightfully fortuitous!

With the enthusiasm of a miner at a gold rush and the optimism of someone who hasn’t checked the weather, Hedera now helps Project Acacia dig for Australian digital fortune. The mission? To decipher the coded mysteries of wholesale tokenized assets and digital money, and (if the wind’s blowing right) make settlement faster, safer, cheaper—perhaps even amusing. Hedera brings its fabled Hashgraph technology to the table, promising speed and security. The project will test transactions in the real world, or as real as anything gets when it’s measured in bits and wishful thinking. 💨🔒

Ripple, which only recently entered the stablecoin race, has quickly gained traction. Its dollar-pegged RLUSD—launched in late 2024—has already reached a $500 million market cap, a milestone it crossed this week. BNY Mellon has been named custodian of the asset, signaling Ripple’s intent to align closely with traditional financial standards.

According to the most reliable sources, such as CoinMarketCap, the trading volume has increased by a massive 111.37% over the last 24 hours, reaching the sum of $1.11 billion. This spike, one must admit, aligns with the price increase of the asset, which has continued its upward movement within this time frame, much to the delight of its many admirers.