Will Coinbase Listing Mark Cardano Price Top or Trigger 15% Rally?

Monicah W

Will Coinbase Listing Mark Cardano Price Top or Trigger 15% Rally?

Cardano price is eyeing massive gains after Coinbase Derivatives announced it will launch ADA futures on March 31, boosting institutional interest and market liquidity. ADA price could now be on the verge of a massive upswing, with analysts predicting a 15% rally. However, there are also concerns that the listing may mark a local price top. Will this Coinbase listing drive sustained growth for Cardano price or trigger a sell-the-news event? Let’s explore. 

Cardano Price in Focus as Coinbase Files for ADA Futures 

Coinbase Derivatives is expanding its crypto offerings with ADA futures. The exchange has filed with the Commodity Futures Trading Commission (CFTC) for this product. If it launches, it will boost liquidity and institutional interest in Cardano and potentially fuel gains. 

The Cardano futures will enable traders to gain exposure to ADA without holding the underlying asset. This offering will allow investors to use leveraged trading strategies. If the product is approved, it will launch on March 31. 

Will Coinbase Listing Mark Cardano Price Top or Trigger 15% Rally?
Coinbase Cardano Futures

Futures listings have often spiked price volatility, and traders are now speculating about the impact that the launch will have on ADA price, which has been recording choppy price moves. At press time, Cardano trades at $0.74 with a 4.8% gain in 24 hours as the crypto market today rebounds. 

Will the Coinbase Listing Mark a Local Top for ADA? 

The upcoming launch of ADA futures could break Cardano from consolidation if it leads to a spike in social volumes. Historically, exchange listings drive speculative discussions that in turn result in high trading activity. 

Data from Santiment shows that Cardano social volumes peaked earlier this month after President Trump endorsed ADA as one of the US altcoins that will be part of the US digital asset stockpile. This saw the price hit a local top of around $1.12 before a sharp reversal. 

Will Coinbase Listing Mark Cardano Price Top or Trigger 15% Rally?
Cardano Social Volumes

The recent Coinbase listing has yet to cause a surge in social volumes. This indicates that Cardano price still has room for growth before reaching another local top. However, this listing could end up being a sell-the-news event that will lead to a bearish reversal. 

Cardano Price Gears for a 15% Rally 

Analysts have shared a bullish Cardano price prediction after it bounced by nearly 5% to an intra-day high of $0.75 following the news of the Coinbase listing. Popular analyst Ali Charts forecasts that the altcoin could be on the verge of a 15% upswing after forming a symmetrical triangle pattern. 

Will Coinbase Listing Mark Cardano Price Top or Trigger 15% Rally?
ADA/USDT 1-hour Chart

If ADA price breaks out of the upper resistance trendline, it could pave the way for the altcoin to reclaim $1 as traders buy into the rally that will be realized with the Coinbase listing later this month. 

Data from Coinglass also shows an uptick in activity in the derivatives market. The Cardano open interest has increased slightly in the last 4 days to $770M. If this rise in OI continues, it could add more fuel to the ADA price rally. 

The post Will Coinbase Listing Mark Cardano Price Top or Trigger 15% Rally? appeared first on CoinGape.

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Ethereum Price Eyes Rally To $3250 As Whales Accumulate $100M ETH

Ethereum Price Eyes Rally To $3250 As Whales Accumulate $100M ETH

The Ethereum price chart shows that it could hit the $3,250 level, even though the cryptocurrency has not been performing well recently in relation to Bitcoin and other assets. This technical setup appears as on-chain data shows that big-time investors are buying more.

Whale activity shows important ETH accumulation

On-chain analysis platform Lookonchain has observed significant Ethereum accumulation by whale accounts despite ETH’s price woes. According to their data, a wallet identified as 0xd81E withdrew 1,900 ETH (worth approximately $3.1 million) from the Gate exchange just hours ago.

This withdrawal appears to be part of a larger accumulation strategy, as the same address has withdrawn a total of 48,477 ETH (valued at $100.35 million) from the top crypto exchange since February 15. The wallet is currently sitting on an unrealized loss of around $21 million based on current prices.

In a separate transaction, Lookonchain reported that another whale address, 0x3bd2, withdrew 2,600 Ethereum (worth $4.26 million) from Binance after showing no activity for an entire year. This re-activation of inactive wallets to pull out ETH to personal wallets usually indicates optimism about future price appreciation.

But not all that has happened in the whales’ world is good. Analyst Ash Crypto mentioned in a tweet that one whale sold 2,056 ETH for $3.72 million and initiated a 10x leveraged short position in ETH. That shows conflicting sentiments from the large holders.

Ethereum price could be headed to $3,250

The Ethereum daily chart indicates a firm downtrend since late 2024, as ETH is registering lower highs and lower lows. Nevertheless, recent trade prices indicate a topping pattern can form. Analyst Crypto Fella has shared several key resistance levels now in focus for a possible recovery rally.

The chart identifies four major resistance zones that Ethereum would need to overcome to confirm a reversal. The first one is at approximately $1,750, followed by levels near $2,000, $2,500, and ultimately $3,250. These horizontal resistance bands represent previous support areas that have now flipped to resistance after being broken to the downside.

The analyst emphasized the importance of breaking the current resistance. He also stated that Ethereum price needs to break this resistance and mentioned that traders cannot ignore this opportunity. His analysis points to a potential target of $3,500 if a breakout occurs.

The technical setup shows a descending trendline that has contained price action since December 2024. A decisive break above this trendline, combined with reclaiming the $1,750 level, would provide the first technical confirmation of a trend change.

Despite the mixed analysis by several analysts, an analyst had predicted the Most Hated Rally for Ethereum earlier this month.

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Crypto News: UK & US Collaborate to Push Global Cryptocurrency Adoption

Crypto News: UK & US Collaborate to Push Global Cryptocurrency Adoption

The United Kingdom has announced major crypto news by taking the next step toward establishing a formal regulatory framework for cryptocurrencies. The UK has published draft legislation that outlines a “comprehensive regulatory regime for crypto assets.”

During a fintech event on Tuesday, UK Finance Minister Rachel Reeves announced the regulatory initiative alongside plans to deepen collaboration with the United States. This is with a vision to promote “responsible” adoption of digital assets globally.

UK announces collaboration with the US

UK Finance Minister Rachel Reeves emphasized international cooperation as a cornerstone of the country’s cryptocurrency strategy. She told CNBC that “For the UK to be a world leader in digital assets, international cooperation is vital.” During her address at Innovate Finance’s annual summit, Reeves shared plans to deepen regulatory cooperation specifically with the United States to boost “responsible” adoption of digital assets.

This prominent crypto news comes shortly after Reeves met with US Treasury Secretary Scott Bessent last week to discuss a potential trade deal. This shows that crypto regulation is becoming an increasingly important component of international economic relations. The timing of this collaboration is notable, as Reeves had previously stated that improving business ties with the European Union was “arguably even more important” than US relations.

UK plans to crack down on bad crypto factors

The Treasury Department’s statement following Reeves’ remarks emphasized that the new regulatory approach would bring crypto exchanges, dealers, and agents into the regulatory fold, “cracking down on bad actors while supporting legitimate innovation.” This balanced approach aims to protect consumers while still helping growth in the sector.

“Crypto firms with UK customers will also have to meet clear standards on transparency, consumer protection, and operational resilience — just like firms in traditional finance,” the Treasury statement added. This shows that cryptocurrency businesses will be held to similar standards as traditional financial institutions.

Reeves summed up the government’s philosophy with the statement that “Regulation must support business, not hold it back. The FCA, which serves as the UK’s financial services watchdog, has been criticized by cryptocurrency industry participants for being too restrictive when approving registrations from digital asset firms.

At present, the FCA oversees businesses that want to provide crypto services under UK money laundering laws. The new proposed law seems to aim to solve these issues while still having proper regulation. Coinbase had also recently made a major move in the UK with a new partnership.

This is important crypto news because it might create a more friendly regulatory environment for cryptocurrency businesses already in or wanting to come into the UK market. Check out some of the top crypto exchanges in the UK.

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Libre to Bring Fixed Income Products Onchain With $500 Million Telegram Bond Fund on TON

Tokenization firm Libre announced plans to launch a $500 million Telegram Bond Fund (TBF) on the TON blockchain.

The move signifies a bold move to bridge traditional finance (TradFi) and decentralized ecosystems.

Libre To Launch $500 Million Telegram Bond Fund

TBF marks a significant milestone in the growing trend of real-world asset (RWA) tokenization, backed by over $2.35 billion in outstanding Telegram bonds.

It tokenizes existing Telegram debt, giving accredited investors access to institutional-grade fixed-income products with full on-chain utility.

With Libre’s initiative, the tokenized bond fund can serve as collateral for borrowing and on-chain product development within TON ecosystem. TON, or The Open Network, is increasingly integrated with Telegram’s 950 million-plus user base.

“What we’ve created is like a fixed income fund that acquires the bonds and then we tokenize the fund,” Libre CEO Avtar Sehra said in an interview.

Reportedly, when users purchase units in Libre’s Telegram Bond Fund on the TON chain, they can access the returns of the underlying bonds themselves.

Based on this dynamic, they can use the bonds for collateral and ease transfers. Ultimately, the bonds also help create utility with these financial instruments.

This development comes amid growing interest in Telegram’s yield bonds, whose structure bears a relatively high yield of up to 9.4%.

Meanwhile, this is not the first time Libre has ventured into this space. The tokenization firm recently tokenized over $200 million in assets across major institutional funds.

Among them are BlackRock, Brevan Howard, Hamilton Lane, and Nomura’s digital assets unit, Laser Digital.

Libre Bets on Telegram’s Unique Distribution Advantages

The launch of TBF comes amid a broader wave of RWA tokenization initiatives. Notably, asset management giant Franklin Templeton recently expanded its presence in the space by launching a tokenized money market fund on the Solana blockchain.

Much like Libre, Franklin Templeton is leveraging blockchain rails to modernize access to traditional yield-bearing assets. At the same time, the asset manager is enabling on-chain programmability and composability.

However, Libre’s decision to build on TON reflects a strategic bet on Telegram’s unique distribution advantages.

While Telegram originally developed it, TON blockchain is now a standalone project. However, it still retains deep integration with the messaging platform.

Over the past year, the network has introduced a series of crypto-native features aimed at mass adoption. One of the latest is a TON Space wallet update allowing users to pay gas fees with Telegram Stars. This move lowered the friction for interacting with blockchain-based assets.

This seamless connection between messaging and finance is central to Libre’s long-term vision. Sehra noted that many clients seek exposure to financial products embedded within ecosystems they already use.

With Telegram as a gateway and TON as the infrastructure, TBF could become a cornerstone of real-world financial integration in Web3.

Toncoin (TON) price performance. Source: BeInCrypto

Despite this report, however, TON TVL (Total Value Locked) continues to decline, down almost 2% in the last 24 hours to $136.2 million. In the same way, Toncoin (TON) price is down by almost 2% in the last 24 hours, and was trading for $3.23 as of this writing.

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