Dig Deeper, Invest Smarter
Next week, the U.S. Senate is set to release the draft of the Digital Asset Market Clarity (CLARITY) Act. Originally planned for this week, the draft’s release will coincide with “Crypto Week,” from July 14 to 18. This legislative push is part of broader efforts to create clearer regulations around digital assets in the U.S.,
The post US Senate To Release CLARITY Act Draft Next Week appeared first on CoinGape.
The post Cardano Price Analysis: ADA Breakout to $1 Imminent? appeared first on Coinpedia Fintech News
Cardano is making its way back into the talks of the crypto market. This time around, the fuel for the buzz comes from Midnight sidechain and the Glacier airdrop. These developments have come at a time when on-chain data and patterns suggest ADA may be gearing up for an uptrend. In this price analysis, we explore the potential moves the ADA price could make in the short term.
Cardano’s ADA is presently changing hands at $0.7284, while recovering from a weekly low of $0.7238. Despite a -9.61% drop over the past week, ADA price is still up +18.58% over the last month. The biggest signal comes from the $932 million in outflows from centralized exchanges, a pattern that mirrors ADA’s 2021 accumulation before it chugged up to an all-time high of $3.10.
Looking at the 4-hour chart, ADA is attempting to reclaim its 9-period SMA at $0.7338. The RSI is sitting at 44.11, indicating bearish momentum is weakening and may reverse if volume increases. A break above $0.75 could serve as confirmation of a bullish divergence forming, which could take the price to $0.84, then to $1. In contrasting events, the support remains at $0.66.
Also read our Cardano (ADA) Price Prediction 2025, 2026-2030
The price of 1 Cardano (ADA) at the time of press is at $0.7286 with an intraday change of -0.26%
A clean break above $0.75 could help ADA price target $0.84 and beyond.
The price of 1 Cardano (ADA) at the time of press is at $0.7286 with an intraday change of -0.26%
The post Cardano Price Analysis: ADA Breakout to $1 Imminent? appeared first on Coinpedia Fintech News
Cardano is making its way back into the talks of the crypto market. This time around, the fuel for the buzz comes from Midnight sidechain and the Glacier airdrop. These developments have come at a time when on-chain data and patterns suggest ADA may be gearing up for an uptrend. In this price analysis, we …
The post No Short-term Rally, Bitcoin Bull Cycle is Over: CryptoQuant CEO Issues Warning appeared first on Coinpedia Fintech News
Bitcoin’s price has been stuck in a range, with its last trade above $90,000 occurring on March 7. By the end of the previous year, Bitcoin had surpassed the $100,000 mark, but this milestone was short-lived as the price quickly fell. Since then, Bitcoin has been on a downward trend, even dipping below $80,000.
Adding to the market’s struggles, President Trump’s tariff announcement put additional pressure on the crypto space, causing most cryptocurrencies to suffer alongside Bitcoin.
According toCryptoQuant CEO Ki Young Ju, Bitcoin bull market appears to be over, based on on-chain data analysis. The key metric is Realized Cap, which measures the actual capital entering the market by tracking when BTC is bought (entered a wallet) and sold (left a wallet).
“But when sell pressure is high, even large purchases fail to move the price. There are simply too many sellers. For example, when Bitcoin was trading near $100K, the market saw massive volumes, but the price barely moved,” he explained.
When the Realized Cap grows but the Market Cap (based on the latest trading price) stays flat or drops, it signals that money is flowing in, but prices aren’t responding—this is a bearish sign. Right now, that’s exactly what’s happening.
In contrast, if small amounts of new capital push prices up, it’s a bullish market. But currently, even large amounts of capital aren’t enough to move Bitcoin’s price, indicating a bear market. Historically, real market reversals take at least six months, so a quick recovery is unlikely.
“In short: when small capital drives prices up, it’s a bull market. When even large capital can’t push prices upward, it’s a bear. Current data clearly points to the latter. Sell pressure could ease anytime, but historically, real reversals take at least six months—so a short-term rally seems unlikely,” he concluded.
The post No Short-term Rally, Bitcoin Bull Cycle is Over: CryptoQuant CEO Issues Warning appeared first on Coinpedia Fintech News
Bitcoin’s price has been stuck in a range, with its last trade above $90,000 occurring on March 7. By the end of the previous year, Bitcoin had surpassed the $100,000 mark, but this milestone was short-lived as the price quickly fell. Since then, Bitcoin has been on a downward trend, even dipping below $80,000. Adding …
The post James Wynn Goes All-In With 40x Bitcoin Short, Is a Big Dump Coming appeared first on Coinpedia Fintech News
Just after Bitcoin hit a new all-time high of $112,000, a bold move caught everyone’s attention. James Wynn, a high-profile crypto trader and risk-taker, has opened a massive short-term Bitcoin trade with 40x leverage. With $1.27 million on the line, Wynn is betting that Bitcoin’s price is about to drop.
But does this mean another correction is coming soon?
According to Lookonchain, James Wynn just put 27,522 USDC into Hyperliquid and picked up nearly $4,000 in referral rewards. He then used the money to open a 40x leveraged short on Bitcoin, betting that the price would drop.
With this much leverage, even a small drop could give him big profits, but if Bitcoin rises instead, he could lose it all fast.
Right now, Wynn’s short is worth 11.45 BTC, or about $1.27 million. If Bitcoin climbs past $112,360, his trade will be liquidated. Meanwhile, this risky bet comes as Bitcoin keeps testing $112,000.
While many traders see this level as strong support, Wynn thinks a price drop is near.
Meanwhile, Popular crypto analyst Crypto Jelly shared an hourly Bitcoin chart showing that the world’s top crypto is dipping slightly, but there might be a bounce waiting just around the corner.
In his shared chart, Bitcoin touched a $112,000 level recently but is now drifting around the $110,700 mark. The white line Crypto Jelly drew hints at a possible small drop before a sharp bounce that could push Bitcoin back up near $109,300 and beyond.
As of now, Bitcoin is trading around $110,815, reflecting a jump of 1.5% in the last 24 hours.
The post James Wynn Goes All-In With 40x Bitcoin Short, Is a Big Dump Coming appeared first on Coinpedia Fintech News
Just after Bitcoin hit a new all-time high of $112,000, a bold move caught everyone’s attention. James Wynn, a high-profile crypto trader and risk-taker, has opened a massive short-term Bitcoin trade with 40x leverage. With $1.27 million on the line, Wynn is betting that Bitcoin’s price is about to drop. But does this mean another …