TopCryptoNews. 📰

858 posts

TopCryptoNews. 📰 banner
TopCryptoNews. 📰

TopCryptoNews. 📰

@Top1CryptoNews

Latest News | Technical Analysis | Advertise | Top News on Crypto World | Projects 🌕 (286K) Followers on #Binance Square • DM for Collabs 📩

Binance Katılım Aralık 2020
7.7K Takip Edilen6.2K Takipçiler
TopCryptoNews. 📰
TopCryptoNews. 📰@Top1CryptoNews·
Why should new users join ByX? 🎁 Bybit is one of the fastest-growing crypto exchanges in the world, offering a powerful trading platform, deep liquidity, and advanced tools for both beginners and professional traders. When new users sign up on Bybit, they get access to a secure and user-friendly environment to trade cryptocurrencies, participate in exclusive campaigns, and explore a wide range of earning opportunities. To make the start even more exciting, new users receive 1 Lucky Draw chance after joining. This gives them the opportunity to win amazing rewards such as trading bonuses, USDT prizes, or other exclusive benefits. It’s a great way to begin your crypto journey while having the chance to earn extra rewards from the very first step. Join ByX today, explore the world of crypto trading, and try your luck with the Lucky Draw! 🚀 Please repost so your friends can see it too >> Join: bybitglobal.com/invite?ref=AMZ… #BybitAmplifyWin
TopCryptoNews. 📰 tweet media
English
0
0
0
42
TopCryptoNews. 📰
TopCryptoNews. 📰@Top1CryptoNews·
📈 Bitcoin reclaims $70K in relief rally as crypto, stocks and metals bounce Bitcoin reclaimed the $70,000 level today after surging more than 11% by midday Friday, recovering from its steepest single-day drop since the FTX collapse. The leading crypto asset had plunged below $60,000 on Thursday before rebounding sharply. Ethereum climbed back above $2,000 after falling to $1,750, while Solana recovered to $86 from a low of $65. XRP rallied 22% to $1.50 after dipping below $1.14, with the broader crypto market retracing most of its losses from the previous session. Crypto-exposed equities also snapped back. Strategy shares surged over 21% to $130 after nearing a breakdown below $100 in Thursday’s after-hours trading, following the firm’s $12.4 billion quarterly loss announcement. Coinbase gained 10%, Galaxy rose 17%, and mining stocks Marathon and Cipher jumped 20% and 13%, respectively. Traditional markets staged a recovery from levels not seen since mid-December. The S&P 500 and Nasdaq were both up around 1.5% by midday. In commodities, gold climbed nearly 4% toward the $5,000 mark, while silver surged 8% to $76. Both remain well below last week’s record highs. Despite the broad bounce, some analysts warned this could be a short-lived relief rally, citing persistent macroeconomic headwinds and advising caution ahead of next week’s open. #BTC | #Bitcoin | $BTC | #Crypto
TopCryptoNews. 📰 tweet media
English
3
9
16
46.9K
TopCryptoNews. 📰
TopCryptoNews. 📰@Top1CryptoNews·
🔘 Worldcoin spikes 40% as OpenAI reportedly plans biometric X rival OpenAI-linked token Worldcoin spiked 40% on Wednesday following a report that the artificial intelligence firm is working on a bot-free social media platform that requires “proof of personhood.” According to a Tuesday Forbes report citing sources familiar with the matter, OpenAI is aiming to develop a “humans-only platform” as a point of difference from other social media services on the market. Still in its early stages, sources state that a small team of around 10 people is building the platform to compete with X, and that it has reportedly been in development since early 2025, according to tech news outlet The Verge. Forbes’ sources claimed that any “proof of personhood” would likely be verified via Apple’s Face ID or the World Orb eyeball scanner, which has also been utilized as part of World, the blockchain and crypto project co-founded by OpenAI CEO Sam Altman. Amid a broader crypto downturn in the latter half of 2025, has had a grim price performance, down almost 70% over the past 12 months. The World Orb, which has seen criticism over its implications for personal data privacy, scans a person’s face and their iris to verify that they are a unique human. It is a key part of onboarding genuine users to the WorldCoin ecosystem and helps establish a World ID. Details are sparse on how the reported social media platform could be integrated with OpenAI’s suite of products or potentially with $WLD. It is believed, however, that OpenAI’s ChatGPT will be integrated to help users create content such as videos or photos. Altman has previously criticized bot activity on X and other social media platforms. Back in September, he said the current social media experience in general felt “fake” due to the sheer number of bot-like posts and comments. #WLD | #Worldcoin | #OpenAI
TopCryptoNews. 📰 tweet media
English
8
8
32
45.3K
TopCryptoNews. 📰
TopCryptoNews. 📰@Top1CryptoNews·
🤔 Michael Saylor doesn’t believe $BTC is digital money He’s said it on stage, in podcasts, on X, and repeated it for months. Strategy (formerly MicroStratgy) founder Michael Saylor doesn’t believe bitcoin (BTC) is digital money. Digital money, a new phrase that joins his dozens of other invented terms, doesn’t seem to exist yet to any meaningful degree, in Saylor’s opinion. Despite millennia of gold money, centuries of paper money, decades of fiat money, and years of digital fiat money — not to mention BTC’s 17 year history– humanity is still waiting for digital money. BTC isn’t digital money but merely “the basis of digital money,” Saylor explained recently. Unlike BTC, which Saylor defines as digital capital, digital money will apparently derive from BTC-collateralized digital credit. Digital credit, in turn, is apparently Strategy’s Stretch (STRC) and similar products. Strategy tries to keep STRC trading at a $100 price peg while paying a generous dividend of double or triple the average money market rate. He wants investment banks to buy a lot of it. According to Saylor, BTC is capital, not money. BTC capitalizes Strategy’s credit creation which can then mix with fiat and other bank reserves to collateralize digital money. Saylor has repeatedly cited this idea as not his own, but rather coming from the early Bitcoin community. Namely, that reference is almost certainly Hal Finney. 🔸 Saylor hearkens back to Hal Finney’s BTC banks Indeed, Finney believed as early as 2009, “I see BTC as ultimately becoming a reserve currency for banks, playing much the same role as gold did in the early days of banking. Banks could issue digital cash with greater anonymity and lighter weight, more efficient transactions.” Saylor agrees. “Strategy transforms digital capital (BTC) into digital credit,” Saylor emblazoned on a slide at his latest conference speech in Abu Dhabi. “Digital money can be constructed with digital credit (STRC),” he continued. Back in 2009, Finney repeated his belief that BTC would collateralize bank-issued digital cash. “Actually there is a very good reason for BTC-backed banks to exist, issuing their own digital cash currency, redeemable for BTC. “BTC itself cannot scale to have every single financial transaction in the world be broadcast to everyone… Btc backed banks will solve these problems.” According to Finney’s prediction, banks around the world would issue a variety of cash backed by BTC. “Some would be fractional reserve while others may be 100% BTC backed. Interest rates may vary.” Finney also forecasted currency fluctuations from BTC-backed cash. “Cash from some banks may trade at a discount to that from others.” 🔸 BTC yield to pay for digital money In Saylor’s view, BTC is uniquely suited to collateralize money, because he believes it will rally at a 30% compounded annual growth rate (CAGR) for at least the next decade, and continue to appreciate forever. Indeed, Saylor published a calculator on his website that wouldn’t even allow the price of BTC to decrease. As a result, in Saylor’s firmly reiterated opinion, the price appreciation of BTC will easily allow him to pay dividends in excess of 10% annually to STRC shareholders and maintain STRC’s $100 price peg. If BTC keeps rallying, it will pay for everything. 🔸 Banks, not BTC, create money As a result, STRC is his company’s “greatest feat of financial engineering to date,” and his management team is laser focused on STRC’s addressable marke. He believes Strategy could somehow sell $10 trillion worth of STRC and similar products. By holding assets like STRC, or similar products in foreign markets like STRE or SATA, state-registered commercial banks can mix in fiat and other reserves to issue loans, which are money. Although thousands of banks already create money every day as a regular course of their lending operations, BTC-collateralized reserves held by those same banks will allegedly transform this money creation act into digital money creation. Again, this magic occurs within the dictionary of Saylor’s mind. Although banks may already hold any number of assets linked to the price of BTC in their reserves today, including spot ETFs or common shares of BTC miner MARA, Strategy’s invention of a quasi-pegged preferred share with a variable dividend is somehow a critical step in empowering banks to create digital money. #MichaelSaylor | #BTC | #Bitcoin @saylor
TopCryptoNews. 📰 tweet media
English
1
0
5
46.6K
TopCryptoNews. 📰
TopCryptoNews. 📰@Top1CryptoNews·
🎉 Trade war paused: USA and China agreed on a deal ◾️ The USA announced readiness to remove 100% tariffs on Chinese imports after preliminary agreements were approved. ◾️ China agreed to postpone tightening export rules for rare earth metals for a year and to review its policy. ◾️ The package includes resuming large purchases of American soybeans and discussing extending the tariff truce after November 10. ◾️ The parties also agreed on issues regarding TikTok, freight, and joint measures against fentanyl. ◾️ The American side called the agreements significant, China speaks of a preliminary consensus that still needs to be approved. Markets took the news as a sign of easing: stock indices are rising, and investors await a meeting between Trump and Xi to finalize the deal. #Trump #BTC $BTC
TopCryptoNews. 📰 tweet media
English
3
1
47
31.4K
TopCryptoNews. 📰
TopCryptoNews. 📰@Top1CryptoNews·
🔵 Cardano Targets $1 by Halloween; $0.68 Breakout Remains Key Hurdle Cardano (ADA) price has been forming a potential market reversal pattern, following the October 11 crypto capitulation. The large-cap altcoin is currently trading around $0.64 on Thursday, October 23, after it established a robust support level of around $0.62 in the past two weeks. 🔸 ADA Holds $0.62 Support; Can Inverse H&S Trigger $1 Halloween Rally? In the daily timeframe, the ADA/USD pair has been retesting a crucial support range between $0.52 and $0.62, which was established year-to-date. Notably, ADA price has rallied from this support range to hit $1 twice this year, thus bolstering a rally towards the same target by Halloween 2025. In the four-hour timeframe, the ADA/USD pair has been forming a potential reversal pattern. Since the October 11 crypto crash, the ADA/USD pair has been forming a possible inverse head and shoulder (H&S) pattern, coupled with a rising divergence of the Relative Strength Index (RSI). As such, a rally beyond $0.68 will confirm the breakout of the inverse H&S pattern and the onset of a rally towards $1, possible by Halloween 2025. 🔸 Why Bet on $ADA Midterm Upsurge? Cardano price has signaled midterm bullish sentiment catalyzed by renewed hype for exchange-traded funds (ETFs). On Wednesday, T. Rowe Price Group, a global investment firm with over $1.7 trillion in assets under management (AUM), filed Form S-1 with the United States Securities and Exchange Commission (SEC) to offer the T. Rowe Price Active Crypto ETF. The firm’s new ETF will feature a basket of crypto assets, including ADA, ETH, SOL, XRP, DOGE, LTC, HBAR, BCH, LINK, XLM, and Shiba Inu. As such, T. Rowe Price Group joined three other fund managers seeking to offer spot ADA ETFs, including Grayscale Investments. #ADA #Cardano
TopCryptoNews. 📰 tweet media
English
4
2
64
45.9K
TopCryptoNews. 📰
TopCryptoNews. 📰@Top1CryptoNews·
📊 Celestia price reclaims $1 after crash to $0.27: TIA forecast Celestia (TIA) price is back above $1 as bulls show resilience amid a volatile crypto market. As the modular blockchain network’s native token seeks to continue higher, what’s the outlook in the short-term? Notably, Celestia’s market recovery follows a significant crash that saw buyers hover at new all-time lows under $0.30 on October 10, 2025. Bittensor and a few other altcoins have nonetheless posted key gains. 🔸 Celestia price crashed to below $0.30 Celestia’s token declined sharply as Bitcoin dumped and altcoins nosedived last week, with TIA hitting a new all-time low of $0.27. A broader crypto market dump, triggered by Bitcoin’s dip to below $105,000 on October 11, compounded the pressure on the token. TIA breached key supports at $1.35 and $1.00 as it reached the $0.27 floor. While the crash wiped out billions in value, Celestia’s bulls were able to rebound to around $0.93. On Monday, an uptick saw them climb to $1.26 before retreating as macro jitters around US-China trade tensions pulled risk asset markets down. However, the token was looking to hold above $1. 🔸 TIA price prediction TIA’s price trajectory appears cautiously optimistic, bolstered by technical rebounds and strategic initiatives. Recently, the team shared an outlook for the modular blockchain, comparing its growth to the huge impact that Amazon Web Services had amid the explosive web2 growth. “Celestia is still in its infancy, yet it is positioning itself to become the proxy for blockspace demand. After a period of disillusionment, growth continues to accelerate,” the team wrote. Although the daily Relative Strength Index (RSI) stands at 39, it has flipped from the oversold territory below 30. This signals exhaustion among sellers and a high probability of mean reversion, historically preceding notable bounces in TIA’s price – recently from $1.35 to highs of $2.28 in July 2025. #Celestia #TIA
TopCryptoNews. 📰 tweet media
English
1
0
58
42.6K
TopCryptoNews. 📰
TopCryptoNews. 📰@Top1CryptoNews·
🆕 $BNB Is the New Ethereum Don't Miss Your Chance to Make X3 While many altcoins have yet to recover to their peaks, BNB is following its own path — growing alongside BTC and breaking ATH. 🔼 BNB is partnering with Kazakhstan. Plus, the BNB Chain network upgrade has significantly reduced fees and sped up transactions. Also, an ETF on BNB is already being prepared for launch. BNB has already surpassed XRP. 🏦 Major funds like Nano Labs from Hong Kong are pouring in hundreds of millions, CZ and even MrBeast actively support the ecosystem. #BNB #Binance
TopCryptoNews. 📰 tweet media
English
2
0
73
50.7K
TopCryptoNews. 📰
TopCryptoNews. 📰@Top1CryptoNews·
🛑 Strategy's Bitcoin Holdings Hit Record $77.4B Value The current valuation reflects consistent accumulation, with Strategy adding 11,085 Bitcoin over the past seven weeks. 🔸 Bitcoin News Strategy Inc. reached a new milestone as its Bitcoin treasury valuation climbed to $77.4 billion, nearly double its 2024 value. The digital asset treasury firm now holds 640,031 Bitcoin, representing 3.2% of the total circulating supply. CEO Michael Saylor noted the journey began with $0.25 billion in Bitcoin and an immediate $0.04 billion unrealized loss. The current valuation reflects consistent accumulation, with Strategy adding 11,085 Bitcoin over the past seven weeks. The firm's most recent purchase involved 196 Bitcoin on Monday. Strategy's holdings now exceed the market capitalization of major banks including BNY Mellon, US Bancorp, Deutsche Bank, and Barclays. At $77 billion, the treasury could purchase 2.5 million cars at $30,000 each or 385,000 houses at $200,000 each. The valuation also matches the annual GDP of countries like Uruguay, Sri Lanka and Slovenia. Strategy controls nearly 48% of all Bitcoin held by approximately 266 public and private companies. The total corporate holdings stand at 1.32 million Bitcoin, worth roughly $159 billion. MARA Holdings ranks as the second-largest Bitcoin treasury with 52,477 Bitcoin valued at approximately $6.3 billion. The gap between Strategy and other corporate holders continues to widen with each acquisition. The record valuation comes as Bitcoin returned to the $120,000 level. While Bitcoin remains 3% below its mid-August all-time high, Strategy's consistent buying has pushed its treasury value to unprecedented levels. El Salvador maintains the largest nation-state Bitcoin position with 6,338 Bitcoin worth approximately $762.5 million. The country accumulates at a slower pace of one Bitcoin per day through its daily purchase program. #BTC #Bitcoin
TopCryptoNews. 📰 tweet media
English
0
4
67
48.9K
TopCryptoNews. 📰
TopCryptoNews. 📰@Top1CryptoNews·
🔵 Here’s What Cardano Price Could Be if It Captures 20% of the Crypto Market Fresh analysis suggests that Cardano could reach a new all-time high if it captures just 20% of the global crypto market cap. The broader crypto market is still in free fall, slipping 0.24% in the past 24 hours to a total valuation of $3.77 trillion. Amid this downturn, Cardano (ADA) has taken a steeper hit, shedding 1.75% of its value in the same timeframe to hold a market cap of $27.72 billion. At the time of writing, one ADA was worth $0.774, boasting a daily volume of $562.21 million. Despite its recent pullback, ADA remains one of the most closely watched cryptocurrencies due to its position as the 10th largest token globally. 🔸 ADA Price If It Captures 20% of Global Crypto Market Cap Critics argued that a more modest target would be far more realistic. Against this backdrop, we examined what ADA’s price might look like if it were to capture just 20% of the total crypto market capitalization. As noted earlier, the broader crypto market currently stands at $3.77 trillion, reflecting a 0.24% decline over the past 24 hours. Cardano’s market cap stands at $27.72 billion, accounting for just 0.73% of the total. If ADA were to capture 20% of the entire crypto market, its valuation would soar to an impressive $754 billion. This marks a staggering 2,620% increase from its current level. It is worth noting that this estimated valuation exceeds the current market cap of Ethereum, which stands at $483.58 billion. The price of ADA at this valuation depends mainly on the token’s circulating supply. Currently, only 35.81 billion ADA tokens are in circulation, out of a total of 45 billion. Based on the current circulating supply of 35.81 billion, the projected valuation of $754 billion translates into a price of roughly $21. We arrived at this price by dividing the estimated market cap ($754 billion) by the circulating supply (35.81 billion). While the projection may appear ambitious, some analyses frame $21 as a realistic target. #ADA #Cardano
TopCryptoNews. 📰 tweet media
English
1
0
77
39.3K
TopCryptoNews. 📰
TopCryptoNews. 📰@Top1CryptoNews·
🪙 SEC Chairman Shocks Industry with Bold Crypto Support, Dismissing Gensler’s Legacy In a stunning turn of events, Paul Atkins, the Chairman of the U.S. Securities and Exchange Commission (SEC), delivered a resounding endorsement of the cryptocurrency industry at the inaugural OECD Roundtable on Global Financial Markets. Atkins made it clear that the moment for cryptocurrencies has arrived, signaling a new era of regulatory clarity and support. His bold statements have already begun to resonate within the crypto community, marking a shift away from the contentious regulatory tactics used under his predecessor, Gary Gensler. 🔸 Atkins Draws on Personal History to Back Crypto’s Rise Reflecting on his early career in the 1980s near the Place de la Concorde in Paris, Atkins acknowledged how unimaginable such advancements were back then. In a powerful reference to Victor Hugo’s famous quote about ideas whose time has come, he affirmed that cryptocurrency had reached that point. “Crypto’s time has come,” Atkins said, underscoring the profound impact digital assets now have on global financial markets. His remarks are a component of the SEC Project Crypto, announced in July, that seeks to update securities regulation and bring long-awaited regulatory confidence to the crypto sector. Atkins did not long hold back in dissociating himself from the “regulation by coercion” theory espoused by Gensler. This is because the previous SEC chairman had gained a reputation for being extremely tough on cryptocurrencies to the extent that many players regarded the behavior as aggressive. Atkins has now clarified to the world that the SEC, with him in command, is not going to stop innovation, but rather contribute to the same. Atkins did not shy away from attacking the policies of Gensler, terming them as ineffective and detrimental to the industry. His comments resonated with many, including those of the House Majority Whip, Tom Emmer, who recently referred to Gensler as the worst #SEC chair in history.
TopCryptoNews. 📰 tweet media
English
1
1
19
36.7K
TopCryptoNews. 📰
TopCryptoNews. 📰@Top1CryptoNews·
📈 Worldcoin Price Rally: $WLD Jumps 100% After Treasury Backed by Tom Lee Worldcoin (WLD) surged more than 50% in the past 24 hours and 100% in the last week, lifting its price to $1.82 and putting the $2 threshold within reach. The latest jump follows institutional interest and a treasury announcement that has shifted attention back to the project. 🔸 Treasury Support Signals Commitment On September 8, Eightco (NASDAQ: OCTO) announced plans for a $250 million Worldcoin treasury. The initiative will be backed by a $20 million investment from Bitmine and analyst Tom Lee. Eightco also named Wall Street analyst Dan Ives as chairman of its board, a move that drew sharp market reaction. The company’s stock soared more than 5,600% on the day of the announcement. The treasury plan shows growing interest in positioning Worldcoin as a tool for corporate finance and identity verification. The commitment also gives the token a degree of institutional backing that has been absent in recent months. 🔸 Technical Levels in Focus WLD has broken above $1.28, a level that combines horizontal resistance with a long-term trendline. Clearing that barrier triggered buying and lifted prices toward $1.85. The next area of resistance sits between $2.00 and $2.29. On the downside, support stands at $1.70 and $1.38. Momentum remains strong. The relative strength index is above 90, signaling stretched conditions, while the MACD histogram confirms upside pressure. Whether the rally holds depends on how the market responds to these levels in the coming sessions. Worldcoin’s market capitalization now stands at $3.7 billion, with trading volume of $3.2 billion in the past day. The token is still down more than 80% from its March 2024 high of $11.82, but the latest rally shows that interest has not disappeared. If WLD can close above $2, sentiment may turn more more bullish heading into the final quarter of 2025. #WLD #Worldcoin
TopCryptoNews. 📰 tweet media
English
12
3
37
42.2K
TopCryptoNews. 📰
TopCryptoNews. 📰@Top1CryptoNews·
🤖 Here’s a structured way to present the advantages and experience of using GetAgent 🟡 Advantages of GetAgent Comprehensive Agent Comparison Lets you compare multiple estate agents in your area based on performance, success rates, and customer reviews. 🔸 Data-Driven Insights Provides real-time data on agent sales history, speed of selling properties, and average selling price. 🔸 Cost Transparency Clear information on agent fees and commissions upfront, helping you avoid hidden charges. 🔸 Time-Saving No need to manually research and contact multiple agents. GetAgent shortlists the best options quickly. 🔸 Performance-Based Recommendations Matches you with agents who have a proven track record for selling similar properties in your location. 🔸 Free to Use No upfront cost for property sellers to compare agents. 🟡 User Experience with GetAgent 🔸 Ease of Use Simple interface where you enter your postcode and property details to get instant recommendations. 🔸 Personalized Recommendations The platform suggests agents that have successfully sold properties like yours in your area. 🔸 Faster Sales Many users report quicker property sales because they can choose agents with the best local performance. 🔸 Informed Decisions Users feel more confident in selecting an agent since decisions are backed by real sales data. 🔸 Positive Support Helpful customer service team for guidance through the agent selection process. #GetAgent #BitGet @bitgetglobal @BitgetInsights
TopCryptoNews. 📰 tweet media
English
0
0
80
21.7K
TopCryptoNews. 📰
TopCryptoNews. 📰@Top1CryptoNews·
✅ Ethereum hits new ATH According to Binance data, Ethereum has set a new all-time high, reaching $4,956.63. Coinglass data shows that in the past hour, approximately $57.0832 million in positions were liquidated on the market, including about $53.4558 million in short positions. #ETH #Ethereum $ETH @ethereum
TopCryptoNews. 📰 tweet media
English
1
0
47
29.6K
TopCryptoNews. 📰
TopCryptoNews. 📰@Top1CryptoNews·
🎮 “E-pin + Digital Identity + Game ID: Transforming the Game Economy” E-pin emerged in Türkiye out of necessity, serving as a bridge that allows players to access games faster and more securely. However, until now, this system has largely been limited to code sales. There have been gaps in areas such as user experience, personalization, and player loyalty. In Türkiye, there are 35 million unique players, and the heart of the digital in-game goods market beats within the E-pin sector. Millions of players use E-pin to purchase game currency, premium memberships, or special in-game items. However, to date, this E-pin system has been built solely around code purchases. Data related to in-game progress, achievements, or time spent has often not been stored in the player’s possession, could not be verified, and could not be converted into monetary value. 🚀 Moca Network + Game ID Solution: This is where Moca Network’s infrastructure can come into play. Integrated accounts, verifiable identities, and solutions such as Game ID transform players’ in-game progress into reliable data. This data not only enables benefits like reward systems, discounts, or loyalty points, but also opens the door to new revenue models. Players manage their own data and, if they choose, can convert it into an economy. By turning their gaming history and achievements into economic value, an identity-integrated E-pin system becomes the centerpiece. In the coming period, we will see these technologies redefine the gaming ecosystem in Türkiye. Partnerships between Oyunfor and other global E-pin companies with Moca Network and other Web3 projects indicate a growing interest and potential in this field. #Moca #MocaNetwork @Moca_Network
TopCryptoNews. 📰 tweet media
English
8
0
98
38.7K
TopCryptoNews. 📰
TopCryptoNews. 📰@Top1CryptoNews·
🔥 Cardano Founder Says $ADA Has Its Days as It Becomes Only Top Asset in Green With Rally to $1 The bullish sentiments around Cardano have spiked in the past day as ADA defies bearish trends to briefly reclaim the $1 price. While major assets like Bitcoin, Ethereum, and XRP retreated, Cardano had other plans yesterday. The 10th-largest cryptocurrency by market cap targeted higher prices amid the market chaos, rallying briefly to an intraday high of $1.02 before a slight correction. 🔸 #ADA : The Only Top 50 Asset in the Green The contrarian play placed Cardano at the top in the pecking order among the top 50 cryptocurrencies by 24-hour performance. Data shows that ADA is the only top 50 asset in the green in the past day, following its over 5% price growth. Notably, Hoskinson has been a target of criticism when Cardano’s price underperforms, despite repeatedly emphasizing that he has no contribution to it. Nonetheless, he took pride in yesterday’s rally, expressing excitement over Cardano’s bullish price action. 🔸 What’s the Next Target for #Cardano ? Meanwhile, analyst Javon Marks suggested that Cardano has further upsides, insisting that the recent pump has not even reached the minimum target. He highlighted that ADA has increased by over 82% from June’s lows of $0.51, following through on a recurring key trend dating back to 2023. Notably, this involves a price rally after breaking out from a descending channel. The analyst predicted that the minimum target for the recent breakout is $1.20. Meanwhile, his attached chart shows that Cardano could reach $2.91, a 206% rally from the current market price. This aligns with the price targets of other analysts like Crypto Deezy. He pointed to a golden cross in the daily timeframe, projecting a rally to $3, with past occurrences as context. Dan Gambardello also shares the same price target.
TopCryptoNews. 📰 tweet media
English
2
0
65
27.6K