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Cardano Whales Offload 170 Million ADA as Price Trends Lower
Cardano’s lacklustre performance over the past week has prompted some of its largest holders to begin selling their coins. On-chain data reveals that ADA whales holding between 100 million and 1 billion coins have collectively offloaded over $160 million worth of the asset within the last seven days.
This wave of distribution suggests waning confidence among the ADA large holders, adding further pressure to an already fragile market.
Cardano Whale Sell-Off Deepens Bearish Sentiment
According to Santiment, over the past week, Cardano whale addresses that hold between 100 million and 1 billion ADA have sold 170 million coins, valued at over $106 million at current market prices.
This wave of distribution signals a negative shift in sentiment among whales. Their decision to offload such a large volume of tokens adds pressure to ADA’s already struggling price.

Moreover, this trend could also influence retail traders to follow suit, exacerbating the selling pressure and further reducing the chances of an ADA price rebound in the near term.
The coin’s weighted sentiment is also currently negative, confirming the growing bearish bias across the market. At press time, this is at -0.20.

This on-chain metric analyzes social media and online platforms to gauge the overall tone (positive or negative) surrounding an asset. When its value is below zero like this, the overall market sentiment regarding the asset is bearish.
Per Santiment, ADA’s weighted sentiment has remained below zero since March 8, indicating that bearish discussions and outlooks continue to outweigh bullish ones.
This persistent negativity suggests a heightened risk of prolonged price decline, as traders appear reluctant to re-enter or increase their exposure to the asset.
Bearish Momentum Builds for ADA
On the daily chart, readings from ADA’s Relative Strength Index (RSI) support this bearish outlook. As of this writing, this key momentum indicator, which tracks an asset’s oversold and overbought market conditions, is at 46.47.
The RSI indicator ranges between 0 and 100, with values above 70 indicating that the asset is overbought and due for a decline. On the other hand, values below 30 signal that the asset is oversold and could witness a rebound.
At 46.47, the downward tilt of ADA’s RSI suggests weakening momentum and the potential for further losses if buying pressure does not return soon. In this scenario, ADA’s price could fall to $0.50.

However, the coin could climb to $0.69 if buying activity spikes.
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Ethereum Holder Sold Over $570 Million in 48 Hours – What’s Next for ETH?
Ethereum (ETH) has shown little price movement over the past two weeks despite the broader cryptocurrency market displaying bullish momentum.
This stagnation in ETH’s price comes at a time when selling activity has intensified. These factors suggest a cautious short-term outlook for Ethereum as the week continues.
Ethereum Investors Secure Their Profits
Recent data indicates significant selling pressure on Ethereum. Over the last 48 hours, investors have sold more than 225,779 ETH tokens. This volume translates to a supply worth approximately $576 million, reflecting a rapid pace of offloading.
Such extensive selling indicates reduced investor confidence. Many appear to be securing profits amid doubts about further price appreciation. This behavior often signals a shift toward risk aversion in the short term.

Technical indicators add to the bearish sentiment surrounding Ethereum. The Moving Average Convergence Divergence (MACD) shows a bearish crossover after nearly seven weeks of bullish momentum. This change often precedes a price decline or increased volatility.
Losing bullish momentum weakens Ethereum’s price support. Without fresh buying interest, ETH may face further downward pressure as traders adjust positions in response to technical signals.

ETH Price is Stuck
Ethereum is currently trading near $2,553, maintaining a critical support level of around $2,500. The altcoin king has hovered above this threshold for some time, but its ability to hold this level is being tested.
If bearish pressures continue, Ethereum could break below $2,500 and move lower toward the next support at $2,344. However, if buying interest returns, ETH may consolidate between $2,500 and the resistance level of $2,654 for a period.

For the short-term bearish outlook to change, Ethereum must breach the resistance near $2,654. A sustained move beyond this point could push the price up toward $2,814, reigniting investor optimism and supporting further gains.
The post Ethereum Holder Sold Over $570 Million in 48 Hours – What’s Next for ETH? appeared first on BeInCrypto.

Hedera (HBAR) Surges 8% With Momentum Indicators Flashing Bullish
Hedera (HBAR) is on the move, climbing more than 8% on Friday and extending its seven-day gains to an impressive 21.7%. This rally comes alongside rising momentum signals, including a surging BBTrend and an RSI that has pushed into overbought territory.
Price is also nearing a key resistance zone, backed by bullish EMA alignment that suggests the uptrend may still have room to run.
Hedera’s BBTrend Is Soaring – What Does it Mean?
Hedera’s BBTrend indicator has surged to 6.83, up sharply from just 1.5 two days ago. This jump signals a significant increase in volatility and momentum in the price action.
BBTrend, short for Bollinger Band Trend, is a metric derived from Bollinger Bands that measures the strength and direction of a trend. Values below one typically reflect a weak or flat market, while values above 3 indicate the emergence of a strong trend.
A sudden rise in BBTrend often suggests that the asset is transitioning out of a low-volatility phase and entering a more directional move.

With BBTrend now at 6.83, Hedera may be in the early stages of a strong bullish or bearish breakout. Such elevated levels suggest that volatility is expanding quickly, and price is starting to move decisively away from its recent range.
While BBTrend doesn’t indicate direction on its own, when combined with other bullish signals, like rising price or volume, it can confirm the start of a sustained uptrend.
Traders will watch closely to see if this momentum continues or fades, as a reversal from such elevated levels could also lead to sharp pullbacks.
Hedera RSI Enters Overbought Zone—What Comes Next?
Hedera’s RSI has climbed quickly to 73.93, up from 52.49 two days ago, signaling a strong burst of buying momentum. The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and magnitude of price movements.
It ranges from 0 to 100, with values above 70 typically considered overbought and those below 30 seen as oversold.
An RSI rising above 70 suggests that the asset may be overheating in the short term and could be due for a cooldown or consolidation.

With RSI now well into overbought territory, Hedera may be nearing a local top—at least temporarily. While a high RSI confirms strong bullish momentum, it can also signal that buyers are becoming exhausted.
If the price continues to rise without a pause, the risk of a pullback increases.
On the other hand, sustained overbought conditions can also occur during strong uptrends, so that traders will watch closely for either continued breakout strength or signs of reversal.
Hedera Nears Breakout—But Support Levels Are Key
Hedera’s EMA lines show a bullish alignment, with short-term moving averages positioned above the long-term ones—a classic signal of upward momentum.
HBAR price is also trading near a key resistance level at $0.20, which has acted as a ceiling in recent sessions. If buyers can push the price through this zone, the next resistance levels to watch are $0.227 and $0.258.
A strong uptrend continuation could even send HBAR to $0.287, marking its first break above $0.28 since February 1.

However, traders should also monitor the downside risk. If the support at $0.179 is tested and fails, it could trigger a deeper pullback.
In that case, HBAR may slide to $0.16 and possibly $0.152, both of which have served as prior support zones.
If bearish momentum accelerates, a drop toward $0.124 isn’t out of the question, making the current levels a critical battleground for short-term direction.
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