Just when Cardano, the decentralized blockchain platform, was seeing its native token ADA rising by 4.3% in the last 24 hours, a new controversy has emerged. Claiming that founder Charles Hoskinson moved 318 million worth of around $619 million without permission.
Despite the drama, ADA remains on track for a potential breakout, with indicators pointing to a price surge towards $1.
318M ADA Scandal? Hoskinson Responds
Cardano founder Charles Hoskinson has been in the limelight more for the last few weeks, starting from claiming that Ethereum might not survive the next 10-15 years, to defending Cardano against critics
But this time, Hoskinson is facing serious accusations of making unlawful move of ADA tokens. Crypto influencer Masato Alexander claims Hoskinson used special access to move 318 million unclaimed ADA, worth about $619 million, without permission.
Masato says the tokens were linked to a company called Attain Corp and were sold to investors in Japan, some of whom later felt tricked.
Hoskinson quickly denied all the claims, he said 99.8% of the tokens were claimed legally, and the rest were moved after a 7-year time limit, following the rules.
You keep lying to people. The Ada vouchers became unspendable after the hard fork. They were rolled into a custodial account controlled by the TGE that then continued redemption for 3 more years to distribute the genesis funds to the original buyers.
Many in the Cardano community have come to his defense, saying everything was done transparently and followed network rules.
Cardano Gears Up for Breakout – $1
Looking at the 1-day chart of Cardano, the price has been consolidating between the range of $0.66 to $0.72 for the last two weeks. Today, ADA jumped nearly 4.5% to around $0.707, breaking out of its recent downtrend.
If you take a closer look at the charts, it’s clear that ADA bounced back from a low of $0.60 and is now moving through key Fibonacci levels. In particular, ADA has broken through the 0.618 Fibonacci level at $0.6984 and is currently testing the 0.786 level at $0.7086, a bullish signal that suggests strength is building.
If ADA can close above $0.7214, it may confirm a breakout and open the door to a rally toward $0.75, $0.80, or even $1.
However, if ADA fails to break this key resistance, it could dip back to support near $0.6684 or $0.616.
The XRP price has made headlines by strongly advancing on Wednesday by breaking through a multi-month resistance area. This move has reignited bullish sentiment among traders. Experts closely monitoring now believe, after witnessing this surge, that another surge could propel the price of XRP to higher levels.
This optimism is supported as its parent company, Ripple, enjoys a series of positive developments, and experts now believe that its price action has led to the emergence of a new inverse head and shoulders pattern, which may indicate a long-term potential reversal in the near future.
Moreover, the investor sentiment has also shifted to a more bullish outlook, with many anticipating that XRP would continue its upward trajectory and aim for a higher target by the end of July.
Analyst Targets $3.30 In XRP Price
Crypto analyst TheSignalyst recently highlighted that the XRP price has entered an Inverse Head and Shoulders pattern. This formation has emerged at a crucial moment, coinciding with strong support levels which were maintained by bullish traders for several months.
As of now, Bitcoin has also surpassed its June high, and XRP crypto is riding on that momentum, having climbed to $2.45. The analyst notes that in the short term, the price could reach between $2.62 and $2.66.
Looking ahead, TheSignalyst displays that a decisive break above the $2.66 level is essential for confirming a bullish continuation. If this setup holds, the analyst projects that the XRP price could potentially reach as high as $3.30 in the long term.
Indicators Analysis Shows Bullish Strength
The XRP price is demonstrating notable bullish strength, with today’s momentum highlighted by several bullish indicators. The MACD has revealed a golden cross, with the histogram rising at 0.0277. Currently, the MACD line sits at 0.0440, while the signal line is at 0.0164.
In addition, the Awesome Oscillator (AO) supports this bullish sentiment, as its histogram has also climbed at 0.1196. The Chaikin Money Flow (CMF) also indicates positive trends, currently jumping from 0 line to 0.11, reflecting an increase in money inflows.
Moreover, the Relative Strength Index (RSI) is on the rise, inching closer to overbought territory at 67.48. This suggests a strong likelihood of another price spike in the short-term before the market becomes overheated.
The post Can XRP Price Reach $3.30 by Month-End? appeared first on Coinpedia Fintech News
The XRP price has made headlines by strongly advancing on Wednesday by breaking through a multi-month resistance area. This move has reignited bullish sentiment among traders. Experts closely monitoring now believe, after witnessing this surge, that another surge could propel the price of XRP to higher levels. This optimism is supported as its parent company, …
If you’ve been around the crypto space long enough, you’ll know all too well that it isn’t exactly famous for sitting still. New projects are launched by the day. Scandals hit the headlines regularly. And every once in a while, the “next big thing” pops up and takes the industry by storm.
Amongst all this madness, standing out is more than just a challenge. For some, it can feel like an impossible task. Yes, while you might have revolutionary tech or feel like you’ve got the most elegant solution to a real problem, but without the right promotion strategy, you’re basically invisible. That’s where specialized crypto PR agencies come in and do the heavy lifting.
Top 5 Crypto PR Agencies That Will Boost Your Project in 2025
Crypto PR Agencies Reviewed
Evox
Funday Agency
X10 Agency
DIFY Singapore
Picking Your PR Partner
Crypto PR Agencies Reviewed
These aren’t your typical PR firms. They genuinely get the crypto world and all its nuances, warts and all. They understand the distinction between DeFi and GameFi, recognize credible media outlets, and have established relationships with the right influencers over time. They’re the people who can translate your technical whitepaper into something that actually excites potential users and investors, and that’s worth its weight in gold if you want to get ahead.
Let’s take a look at five agencies that could help put your project on the map.
MarketAcross
Founded in 2014, MarketAcross is one of the first blockchain-specific PR agencies globally. Because of this, it’s pretty much safe to say that they’ve seen it all in the crypto space; the bull runs, the crashes, the trends that stuck around, and the ones that fizzled out overnight.
MarketAcross PR agency is deliberate in their approach and knows what it takes to get your project noticed. They don’t just blast out generic press releases, take your money, and hope for the best. They take a content-first approach, focusing on creating material that they know crypto audiences will actually want to read.
To back this up, their network of publication relationships is impressive, with connections across all the major crypto news outlets. These are the places that you need to be featured if you really want to make waves in the blockchain world.
One of their key strengths is generating buzz around crypto events and major project milestones. When you look at their client list (Binance, Polygon, Solana) it’s clear they know how to work with projects at every level.
Pros:
No retainer fees. They succeed when you succeed
Deep relationships with crypto publications that matter
Proven results with industry heavyweights
Cons:
It may not be ideal for projects with very small budgets
High demand means they may not be able to service all requests
Evox
As the first crypto-focused PR agency in Turkey, Evox brings something unique to the table. Since 2011, they have combined their deep technical expertise with marketing expertise to help their clients create campaigns that resonate in the cryptocurrency world.
A key feature of Evox is its integrated approach. They don’t just do PR in isolation. Instead, their campaigns integrate social media, visual content, strategic messaging, and community building into a single cohesive approach. Their technical background enables them to genuinely understand the value of your project, eliminating the need for you to simplify or repeatedly explain it.
Pros:
Strong regional expertise in Turkish markets
Technical knowledge informs their marketing strategies
A comprehensive social approach beyond just PR
Cons:
May have limited reach in Western markets
Smaller team than some larger players
Funday Agency
With a name like “Funday,” you might expect to get something a little different than your typical run-of-the-mill PR agency. And you’d be right. Founded in 2019, they bring a fresh, creative energy to marketing that truly sets them apart from more corporate and formal agencies.
While they aren’t crypto-specific, Funday is a growing and innovative PR agency that would be an excellent fit for any projects looking to get creative and test the boundaries with what they can do. It’s for that reason they rightly label themselves as “big experience with boutique vibes.” You’ll get sophisticated strategies without feeling like just another client.
While you may lose the technical expertise of crypto-specific teams, what really stands out about Funday is their ability to make your project accessible and exciting through creative campaigns.
Pros:
Genuinely creative campaign ideas that stand out
Strong research-based approach to audience targeting
Personal attention you don’t get from bigger agencies
Cons:
Less crypto-specific experience than some competitors
Smaller network of crypto media connections
Sometimes creativity might overshadow technical depth
X10 Agency
From a lighthearted name to something that sounds like it’s from the year 3000, X10 Agency is a blockchain-exclusive PR agency specializing across various categories. Some of these areas of expertise include ICOs, NFTs, DeFi, GameFi, and other related fields. They position themselves as a complete launchpad for Web3 projects.
X10 is another agency that prides itself on its comprehensive range of services. Need PR? They’ve got you. Community management? Check. Influencer connections? Paid traffic? Partnerships with other projects? They cover that too. For founders who don’t want to juggle multiple agencies, this one-stop approach is appealing; however, it may come at the cost of quality in a specific area.
With that said, X10 acknowledges that different types of crypto projects require distinct marketing approaches. They quite rightly state that the strategy for a play-to-earn game isn’t the same as for a serious financial protocol. Being able to work with an agency that understands and delivers this level of differentiation and personalized strategy is definitely a significant advantage.
Pros:
Wide range of marketing services under one roof
Experience with many types of crypto projects
Specialized approaches for different project categories
Cons:
May lack the specialized excellence of focused agencies
Quality might vary between different service departments
DIFY Singapore
DIFY brings an interesting Asian perspective to cryptocurrency marketing, operating from its Singapore-based headquarters. They specialize in delivering integrated communications capabilities to brands across the blockchain, fintech, and emerging technology sectors.
What DIFY is unique is their dual philosophy, which they mention on their site and across their marketing communications. This is represented by their mascots, Shoyu and Dan. Shoyu is all about bringing creative, unorthodox ideas. Dan focuses more on proven, traditional approaches.
This isn’t about choosing one over the other. Instead, DIFY brings an innate awareness of when one situation may require a more traditional approach, or where another may have room for experimentation and boldness. This balance enables them to create campaigns that innovate, stay creative, and deliver reliable results.
For projects targeting Asian markets (which, let’s face it, are massive in the crypto space), DIFY offers valuable regional insights and connections that Western agencies may lack.
Pros:
Strong presence and connections in Asian markets
Nice balance between creative and traditional approaches
Experience across multiple related tech sectors
Cons:
Less exclusively focused on crypto than some specialists
May have limited reach in markets outside Asia
Picking Your PR Partner
There is no perfect PR agency, and there certainly is no one-size-fits-all approach here. The best agency for you will depend on several factors, including your current stage in the journey, the target audience you’re trying to reach, and your actual goals.
Are you launching an NFT collection that needs creative marketing and influencer connections? Or are you building a serious DeFi protocol that requires technical credibility and trust-building? Your answers should guide your choice.
The right agency won’t just take your money and send some press releases. They’ll become partners who understand your vision, challenge your assumptions when needed, and help you build genuine connections with your community.
The post Top 5 Crypto PR Agencies That Will Boost Your Project in 2025 appeared first on Coinpedia Fintech News
If you’ve been around the crypto space long enough, you’ll know all too well that it isn’t exactly famous for sitting still. New projects are launched by the day. Scandals hit the headlines regularly. And every once in a while, the “next big thing” pops up and takes the industry by storm. Amongst all this …
Japan is at the cusp of a landmark regulatory shift, potentially reshaping the playing field for crypto market participants.
Amid tough regulations in the country, crypto firms such as Metaplanet have been looking outward, but planned reforms could mean a paradigm shift.
Japan Eyes Regulatory Overhaul to Unlock Bitcoin ETFs and Tax Reform
On June 24, the country’s Financial Services Agency (FSA) released a formal proposal. It aims to reclassify crypto assets under the Financial Instruments and Exchange Act (FIEA).
If adopted, this change could pave the way for Bitcoin ETFs (exchange-traded funds) in Japan. The proposal could also reduce the tax burden on crypto investors from a maximum of 55% to a flat 20%. Such a move would align digital asset gains with stock investments.
Local media reports that the proposal will be deliberated at the Financial System Council meeting on June 25. It is one of the most serious efforts yet to align Japan’s crypto regulations with those of mature financial markets.
Currently, crypto assets in Japan are regulated under the Payment Services Act, limiting their treatment to digital payment methods. The proposed transition to FIEA would officially define cryptocurrencies as “financial products.”
It would also open them up to enhanced investor protections. Among them is creating the regulatory framework necessary to list Bitcoin ETFs on Japanese exchanges.
“[the FSA aims to] strengthen investor protection and market transparency while encouraging broader participation by both institutional and retail investors,” local media reported.
This is a sharp pivot away from Japan’s historically cautious stance. It is also part of a broader national strategy to become an investment-driven economy.
Tax Reform Could Accelerate Institutional Adoption
One of the proposal’s most consequential elements is the shift from progressive taxation to a flat 20% tax rate on crypto gains. Notably, such a rate would mirror the capital gains tax on traditional equities.
This change could dramatically increase domestic participation, especially from high-net-worth individuals and institutions deterred by Japan’s steep tax regime.
Some analysts believe Japan’s unfavorable crypto regulations partly influenced the move.
“Metaplanet is moving beyond Japan’s limited capital markets and regulatory frameworks…Japan will be the R&D center, while the US becomes another capital aggregation and BTC acquisition engine,” wrote Adam Livingstone in a post.
In the same tone, Metaplanet’s filing indicated that “the United States, as the world’s preeminent financial center, offers optimal conditions for efficient and large-scale Bitcoin acquisition and management.
This suggests moving into the US provides superior capital market access and better legal clarity on Bitcoin. A tax change at home could reverse that trend. It may give companies like Metaplanet more reason to scale their crypto operations domestically.
Japan’s government is positioning crypto assets as a strategic pillar in its “New Capitalism” initiative, detailed in the 2025 revised Grand Design and Action Plan. This blueprint calls for developing full-scale Web3 infrastructure, supporting NFTs, and turning Japan into a global hub for alternative investments.
If approved, this system overhaul would mark a historic turning point, signaling Japan’s transition from a regulatory gatekeeper to a global champion of crypto utilization.