Market commentator Armando Pantoja has shared his views on the “true” value of XRP, explaining why the traditional market cap model doesn’t apply to the cryptocurrency. In a recent tweet, Pantoja emphasized that XRP’s unique position in global finance allows it to defy conventional metrics, opening the door to massive
Cardano (ADA) has taken the lead in the altcoin rally, posting a massive 11.77% intraday surge and breaking through key resistance levels. This bullish reversal suggests a potential breakout rally, with ADA now targeting the $1 psychological level and beyond. Cardano Price Analysis: Breaking Through Resistance On the daily chart,
Cardano (ADA) has registered a 13.66% daily surge. The latest price resurgence follows the crypto asset manager, Grayscale’s spot Cardano exchange-traded fund (ETF) application on the New York Stock Exchange (NYSE). This could have sent a buzz across the ADA community. Notably, Bloomberg ETF Analysts James Seyffart and Eric Balchunas
The crypto market displays a positive outlook as most prices have recovered from the recent corrections. The bullish momentum has seen the overall crypto market cap surge by 2% to $3.24T despite the slight decline in the 24-hour trading volume to $97B, according to CMC data. As major altcoins recorded
Litecoin (LTC) has defied the broader crypto market downtrend, posting a rally over the past 24 hours. The surge is driven by increased whale accumulation, suggesting growing confidence in the asset’s potential for further gains. As large investors continue to build positions, LTC appears poised to extend its bullish run.
Cardano (ADA) continues to struggle as it fails to sustain any meaningful recovery, invalidating the previously anticipated bullish falling wedge pattern. Despite technical indicators suggesting oversold conditions, ADA remains under significant bearish pressure, with sellers maintaining control over the market. Cardano Traders Face Liquidation Risks Amid Bearish Control Cardano’s liquidation
The Cboe BZX Exchange has filed Form 19b-4 with the U.S. Securities and Exchange Commission (SEC), seeking approval to list and trade spot XRP exchange-traded funds (ETFs). The filings cover ETFs proposed by asset managers Bitwise Investment, 21Shares, Canary Funds, and WisdomTree. In a significant development, Grayscale has also submitted
Asset manager VanEck has significantly revised its Solana (SOL) price outlook, now predicting that SOL will surge to $520 by the end of 2025. This update follows the firm’s reassessment of Solana’s growth potential within the smart contract platform (SCP) market. VanEck’s New Solana Target Driven by SCP Expansion In
As the day opened, the crypto market exhibited a blend of signals. Bitcoin and Ethereum were unable to recover their losses, while Ripple’s XRP dropped over 3.41%. XRP price confronted heavy volatility with a potential death cross formation. The asset attempted to form new highs but faced resistance and remains
Sweden-based digital asset manager Virtune has expanded its crypto investment offerings with the launch of a Cardano (ADA) exchange-traded product (ETP) in Finland. The Virtune Staked Cardano ETP was officially listed on the Nasdaq Helsinki Stock Exchange under the ticker VIRADAE, with trading commencing on February 5, 2025. Virtune Staked
