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Tag: News

Cardano’s ADA Rises as Altcoin Trading Volume Surges Amid Broader Rally

Cardano’s native token (ADA) rose more than 6% over the past 24 hours as trading volume spiked overnight amidst a broader crypto rally. Market analysts remain divided on ADA’s short-term prospects. While some point to a potential bullish reversal with targets around $0.70-$0.72, others note bearish on-chain metrics, including...
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BONK Leads Memecoin Amid Crypto Rally While the Token Approaches 1M Holder Milestone

As bitcoin (BTC) hovers near a fresh all-time high, the Solana-based memecoin, BONK (BONK), is leading the major altcoin rally. The surge coincides with renewed optimism in risk assets following bitcoin’s recovery above $110,000, which has triggered widespread gains across established cryptocurrencies. BONK’s momentum appears sustainable as numerous crypto...
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NEAR Protocol Surges 10% Before Profit-Taking Halts Rally

AI-focused NEAR token halted its 10% rally on Thursday as traders began to take profits from a rally that was spurred by Bitwise’s announcement that it is launching a NEAR exchange traded product (ETP) in Germany. “The NEAR Staking ETP on Xetra opens a new bridge to NEAR for...
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XRP, Solana, Cardano On Ice—SEC Freezes Grayscale GDLC ETF Debut

The US Securities and Exchange Commission has abruptly halted the conversion of Grayscale Investments’ Digital Large Cap Fund (GDLC), which contains XRP, Solana and Cardano besides BTC and ETH, into an exchange-traded fund, less than twenty-four hours after agency staff had granted the necessary rule change. In a one-page...
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