Cardano’s price has surged 10% over the past 24 hours, riding the wave of a broader crypto market rally to reach a two-month high.
The sharp move upward has pushed ADA to levels last seen in early March and has reignited bullish sentiment among spot and derivatives traders.
Cardano’s 10% Pump Sparks Surge in Profitable Supply
On-chain data from Santiment reveals that Cardano’s double-digit rally has boosted the percentage of its supply in profit. As of this writing, approximately 74.14% of ADA’s circulating supply—equivalent to 26.91 billion tokens—is now held at a profit.
Cardano Percent of Total Supply in Profit. Source: Santiment
When an asset’s profit supply spikes, it means that a significant portion of its circulating supply is now worth more than when it was acquired. Historically, a rise in profit supply correlates with renewed accumulation and often hints at further upward momentum as market sentiment improves.
Moreover, in the ADA derivatives market, the coin’s funding rate remains firmly positive, indicating that traders are increasingly taking long positions in anticipation of continued gains. This is currently at 0.0099%.
The funding rate is a recurring payment between traders in perpetual futures contracts, designed to keep the contract price aligned with the spot market.
When positive like this, traders holding long positions are paying those with shorts, indicating bullish sentiment and expectations of further price increases.
ADA Rally Gains Steam, but Profit-Taking Could Threaten $0.76 Support
With technical indicators flashing bullish and sentiment strengthening, ADA buyers have regained control, at least for now. If buying pressure strengthens and bull dominance remains, ADA could maintain its upward trend and rally to $0.84.
However, once buyers’ exhaustion sets in and traders begin to lock in their soaring profits, ADA could break below the support at $0.76 and fall toward $0.66.
As some investors seek answers for ‘why the market is down today?’, others seek an alternative crypto investment platform. Hedera (HBAR) Investors seem to have discovered a different but simple way to earn crypto profits every day.
As of June, Hedera (HBAR) records a 20% decline in the past month. Despite some analysts suggesting a possible bullish reversal, HBAR continues to trade below $0.15, a major barrier level against HBAR price recovery. To potentially overcome the selling pressure and start a bullish trend, HBAR price will have to rise above the $0.17 threshold. With reports of lesser activity, limited stablecoin flowing into the Hedera network, the prospects of HBAR price rising could be minimal.
Reportedly, HBAR investors are shifting to cloud mining through MiningCoop. Launched with the aim of making crypto mining rewards accessible to all, MiningCoop offers daily crypto profit earnings through diverse cloud mining contracts.
MiningCoop Presents a New Approach to Bitcoin Mining: Bitcoin Cloud Mining
Traditionally, Bitcoin mining was the most difficult space to join and profit from. Bitcoin mining requires expensive hardware setup or a Bitcoin mining machine. Also, the electricity consumption, often compared to the amount consumed by a whole country, made it almost impossible for ordinary individuals to participate in Bitcoin mining.
Fortunately, MiningCoop launched cloud mining contracts that allow users to rent Bitcoin mining hashpower, with modest investments starting from $100. MiningCoop owns several Bitcoin mining farms across the globe, powered by renewable energy sources, making it less costly. Also, MiningCoop’s mining farms are fully AI-optimised, adding to cost efficiency. As such, the company achieves high profit margins, translating to high daily returns for the platform users.
High-Yield Daily Crypto Earnings Through MiningCoop
Even better, MiningCoop offers a $100 bonus when users join MiningCoop cloud miners. The $100 helps in purchasing its Jaminer trial contract plan, allowing new investors to explore Bitcoin and Dogecoin cloud mining without spending their money. The $100 and profits of about $1.35 per day can be withdrawn.
What Attracts HBAR Investors to MiningCoop Bitcoin Cloud Mining:
Unlike trading HBAR, which is affected by price fluctuations, MiningCoop offers stable and consistent daily crypto profits.
100% hands-off way to earn crypto. A new passive income stream
Investor fund protection, the principal is refunded fully after each contract duration
Short contract durations of between 1 day to 7 days.
MiningCoop Affiliate Program
Apart from the profitable Bitcoin, Litecoin, and Dogecoin cloud mining contracts, users can join MiningCoop’s affiliate program and earn USDT. The process is simple: sign up for the referral program, get a referral code to conduct social media promotion, and earn 3.5% commission each time a referral invests in MiningCoop.
With a little effort, users could build a passive income stream, offering substantial monthly earnings.
Final Thoughts
The crypto market is down today, indicating a possible liquidation of significant amounts of crypto investors’ money. HBAR investors shifting to Bitcoin, Litecoin, and Dogecoin cloud mining through MiningCoop offers them a good opportunity to earn crypto profits despite market uncertainty.MiningCoop may be a suitable option for individuals exploring cloud mining opportunities.
Crypto trading, often associated with substantial volatility and risks, has created a new class of millionaires and billionaires who have made their fortune through strategic investments. While their success stories dominate headlines, the ways these individuals deploy their digital fortunes reveal a spectrum of ambition, extravagance, and eccentricity.
From extravagant art purchases that defy logic to massive investments in cars and real estate, these individuals are redefining what it means to spend big. Here’s a look at some of the ways crypto millionaires have splashed their digital cash.
Well, specifically, a banana duct-taped to a wall. He acquired the artwork, titled ‘Comedian’ by Italian artist Maurizio Cattelan, at a Sotheby’s auction in New York.
Originally purchased for 35 cents from Shah Alam, a 74-year-old Bangladeshi immigrant working near Sotheby’s, the banana’s value surged through Cattelan’s conceptual art.
Sun, whose net worth is $8.5 billion according to Forbes, didn’t just buy the piece for show. He later ate the banana during a press conference in Hong Kong.
“Many friends have asked me about the taste of the banana. To be honest, for a banana with such a back story, the taste is naturally different from an ordinary one,” Sun wrote on X.
Moreover, in March 2021, he purchased a Beeple non-fungible token (NFT) for $6 million. Later that year, in November 2021, Sun bought the Alberto Giacometti sculpture Le Nez at Sotheby’s for $78 million.
However, this acquisition became embroiled in a heated legal dispute. In February 2025, Sun sued media mogul David Geffen, alleging his former employee stole and sold the sculpture to Geffen for $65.5 million without his consent. Meanwhile, in April 2025, Geffen’s countersuit labeled Sun’s claims a “sham” tied to crypto market woes.
Sun’s spending extends beyond art. In December 2021, he outbid competitors by paying $28 million for a seat on Blue Origin’s first spaceflight, owned by Jeff Bezos. Despite winning the bid, which benefited space-related charities, scheduling conflicts prevented Sun from participating in the launch.
Carl Runefelt (Carl Moon)
Carl Runefelt, widely recognized by his online alias Carl Moon, is a Swedish crypto investor and social media influencer. He rose from being a supermarket cashier to a multi-millionaire crypto influencer in Dubai.
Runefelt publicly documents his millionaire crypto lifestyle, sharing it with his 1.5 million followers on X, around 245,000 followers on Instagram, and 360,000 subscribers on YouTube. His social media presence is dominated by displays of luxury, including hypercars, private jets, and high-end watches, making him a poster boy for the “crypto bro” lifestyle.
Among his notable acquisitions is a Bugatti Veyron, which he reportedly purchased for $2 million.
“I quit my supermarket job as a cashier back In November 2018. Now, 3 years later I’m driving a Bugatti Veyron in Dubai. What’s the next car I should buy?” Runefelt wrote in a 2022 post on Instagram.
In January 2024, Runefelt added a $300,000 G-Wagon to his car collection. In September that year, he splurged $800,000 on a Ferrari. Moreover, in February 2025, he expanded his car investments with four more Ferraris worth $4 million.
Runefelt also owns a custom $1 million Jacob & Co. watch and a $140,000 Patek Philippe Nautilus, among other expensive acquisitions. These purchases reflect his affluent lifestyle, fueled by his cryptocurrency success, and form part of his strategy to inspire followers through visible wealth.
Ed Craven
Ed Craven is an Australian billionaire and co-founder of Stake.com, a cryptocurrency-based online casino, and Kick, a live-streaming platform. He has a net worth of $2.4 billion, mainly from Stake’s success.
The platform, launched in 2017 with Bijan Tehrani, is now one of the world’s largest offshore crypto casinos. Notably, in 2025, Craven appeared on Forbes’ list of the youngest billionaires. He is one of only two self-made billionaires under 30.
Craven has used his cryptocurrency wealth for lavish yet smart purchases. He owns one of Australia’s most expensive homes on St George’s Road, Toorak, which he purchased for $80 million. He also bought a $38.5 million property on Orrong Road and owns multimillion-dollar homes in Southbank and Mount Macedon.
Craven’s spending also extends to sports. He committed $100 million to rename the Alfa Romeo Formula One team as the “Stake F1 Team Kick Sauber.”
While real estate dominates his portfolio, his sports investments highlight a strategic use of wealth to elevate personal and corporate prestige, aligning with his entrepreneurial vision.
