Category: Cryptocurrency News

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Cardano 2025 Price Prediction: Why Did the US Senate Choose $ADA for the Strategic Reserve?

After Donald Trump’s announcement of a US Strategic Crypto Reserve, Cardano ($ADA) skyrocketed over 70% in less than 24 hours. Aside from a significant price bump, $ADA’s investor volume also skyrocketed, which has spiked everyone’s interest in what’s being touted as one of the best cryptos to buy now. Keep reading to find out everything about Cardano’s 2025 price prediction. We’ll paint a clear picture (combined with both fundamental and technical analysis) to understand where $ADA could be headed next. Cardano 2025 Price Prediction at a Glance Here’s a brief summary of all the important factors at play for Cardano and the effect they should have on its price this year: Cardano is respecting the 50 EMA on the weekly chart – BULLISH It has bounced off a well-established support/resistance zone – BULLISH We’re seeing the ‘break and retest’ pattern on both the weekly and daily charts – BULLISH The important resistance level of $1.30 is hovering above current prices – BEARISH All major moving averages are sloping upwards on the daily chart – BULLISH Inclusion in Trump’s US Crypto Reserve – BULLISH Potential launch of a Cardano ETF – BULLISH As you can see, a vast majority of signs are pointing north, so Cardano is rightly expected to generate handsome yields in 2025 (and beyond). Although it’s difficult to put a finger on an exact price target, our analysis (which you’ll see below) suggests that Cardano could reach as high as $3.10 in the coming few months. Diving Deeper Into Cardano’s Chart Technical analysis 101 dictates that we use the higher timeframes (the weekly and the daily) to form the primary context about a stock/crypto’s current and future prices. $ADA’s Weekly Chart Screams Bullishness One look at $ADA’s weekly chart, and it immediately comes across as a crypto ready to explode. The biggest bullish sign is how well it’s respecting the 50 Exponential Moving Average (EMA). The crypto has taken support on the 50 EMA twice in the last four weeks. Plus, two important short-term moving averages – the 20 EMA and the 10 EMA – are both pointing upwards, signaling immense bullish strength. Another reason for joy among $ADA supporters should be that the crypto has found support at a previous resistance zone, i.e., between $0.60 and $0.80. Moreover, this isn’t just a normal resistance; it’s where $ADA’s last higher high was, which means we have a classic ‘break and retest’ pattern in front of us. This is an extremely well-known technical analysis pattern, one that traders often look at for fresh entries. Buying a crypto when it’s ‘retesting’ essentially means getting it at a discounted price, which increases the overall profits you can churn out of it. This is also a pattern we can use for predicting where Cardano’s next potential rally could take it. Essentially, we could see a move similar to the one in November last year, meaning $ADA can surge past $1.730 in just the next month or two. For a longer-term Cardano price prediction, we can use the Elliott Wave theory, which suggests that we could be seeing the onset of an impulse (or motive) wave. If this holds true, $ADA can even reach its all-time highs of $3.10 in 2025. Perhaps the only thing to watch out for is that $ADA’s current resistance level of around $1.30 is a major one. After all, that’s where the crypto really fell from (almost 80%) in March 2022. It’s also where $ADA’s November 2024 rally eventually faded. Lots to Cheer for on Cardano’s Daily Chart as Well $ADA’s daily chart, unlike $ETH’s, aligns with its weekly chart to confirm the larger bullish picture. The crypto has broken out of its recent downtrend, which was frankly just a correction so long as we put the weekly chart into perspective. Additionally, Cardano is showing a similar ‘break and retest’ pattern on the daily chart as it is on the weekly. This happens to be a great confluence (or double confirmation). Furthermore, all the major EMAs, including the 200 EMA, which is the granddaddy of all moving averages, are sloping upwards. According to this chart, Cardano is looking ripe to capture the recent highs of $1.3278 in the first half of 2025. Once that’s accomplished, we should see the crypto holding well to aim for the $1.730 level. Cardano’s Market Sentiment Of course, the biggest piece of positive news for Cardano buyers is its recent inclusion in Trump’s US Crypto Reserve. The announcement saw $ADA rise by over 70% in a day. It’s currently trading at $0.9546. Even better, this upmove in price was accompanied by large institutional buying. Put together, whales have bought around 420M $ADA in the last week. Investor interest in Cardano is swelling up, meaning we can expect current prices to hold and rise higher. Additionally, the prospective launch of a Cardano ETF (exchange-traded fund) later this year could easily see the crypto surge past all price targets. On February 11, Grayscale announced that it wants to launch an ADA ETF on the New York Stock Exchange. An ETF would further crank up investor participation in Cardano, as those interested in $ADA would be able to invest in it without having to buy the token. Currently, only Bitcoin and Ethereum have ETFs. Cardano could well be the third one to join the list. It’s also worth noting that Cardano’s founder, Charles Hoskinson, said that he didn’t know Trump would include $ADA. Cardano’s founder being unaware of its inclusion in the Crypto Reserve could be a very positive sign. After all, it shows that the crypto was picked purely because of what it brings to the table. Is Cardano the Best ‘Science’ Coin? Experts Say MIND of Pepe May Offer Better Returns Although Cardano is undoubtedly a great opportunity to invest in a development-first ‘science’ coin that grows slowly and steadily over time, there are other more profitable investments out there, like MIND of Pepe ($MIND). $MIND is the next biggest AI agent project that can be your trading partner. By leveraging its self-evolving and autonomous build, $MIND will interact with crypto influencers online (on dApps and platforms like X). It will analyze every single market sentiment and bias to then cut through all the noise and identify the best cryptos to invest in. These exclusive trading signals and market insights will only be made available to $MIND holders. You can join the $MIND army to not only improve your crypto trading performance but also benefit from a top altcoin’s growth. The MIND of Pepe presale has already amassed over $7.1M, and it shows no signs of slowing down. 1 $MIND is currently available for just $0.0034539 – here’s how to buy it. Putting aside the crypto market’s bullish signals, volatility is often the ultimate portfolio killer. Whether you invest in $ADA or $MIND (or both), make sure you only put in an amount you’re comfortable losing. Also, we urge our readers to do their own research before investing. None of the above is financial advice, after all.

Nigeria’s Crypto Clampdown: Binance Users Blocked From Crypto Giveaway Programs

Binance’s battle with the Nigerian government has taken a new turn, as users in the West African country are now blocked from participating in airdrop campaigns. Users Told Service No Longer Available Weeks after Binance’s battle with the Nigerian government reignited, users of the cryptocurrency exchange in the West African country are reportedly being blocked […]

Belarus Eyes Crypto Mining Boom Amid Electricity Surplus

Key Takeaways: Lukashenko orders crypto mining push to utilize Belarus’s excess electricity. Cheap energy prices make Belarus a potential European crypto-mining hub. The ruling is consistent with worldwide trends, including the U.S.’s pursuit of crypto. It has abundant and cheap electricity and that is exactly why, Belarus is seriously considering becoming a potential mining hub. Newly appointed…
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Reaction to Trump’s crypto reserve: ‘Short-term optimism, long-term caution’

A US crypto reserve could offer “cover” to institutional investors, like pension funds, which have been hesitant to invest in crypto.

Reaction to Trump’s crypto reserve: ‘Short-term optimism, long-term caution’

A US crypto reserve could offer “cover” to institutional investors, like pension funds, which have been hesitant to invest in crypto.

Ethereum most 'undervalued' in 17-months — Can ETH return to $4K?

Ethereum’s last undervalued signal in October 2023 preceded a 160% rally, fueling speculation of another bullish reversal in 2025.

Ethereum most 'undervalued' in 17-months — Can ETH return to $4K?

Ethereum’s last undervalued signal in October 2023 preceded a 160% rally, fueling speculation of another bullish reversal in 2025.

US To Buy 1 Million Bitcoin For Reserves, Hints Michael Saylor

MicroStrategy founder and executive chairman Michael Saylor suggested that the United States might purchase one million Bitcoin for its strategic reserves. His remarks came during an interview with FOX Business ahead of Friday’s White House Crypto Summit, to be hosted by US President Donald Trump. Saylor, whose company is widely known for its significant Bitcoin holdings, confirmed that MicroStrategy owns approximately 500,000 of the digital tokens, accounting for “about 2.4% of the worldwide supply.” He is one of several crypto-industry figures expected to join the presidential roundtable that will advise the administration on digital asset policy. Will Trump Buy 1 Million Bitcoin? When asked how the government would finance such a large crypto reserve, Saylor pointed to a deliberate, multi-year timeline, referencing a “six-month process” set out by the recent executive order. He added: “There are 12 members on the presidential working committee. There’ll be involvement from the industry. There’ll be involvement from the Senate and from the house and I and it’s above my pay grade to decide how it is determined.” Related Reading: Bitcoin’s ‘KISS Of Death’? Arthur Hayes Warns Of Recession Before Surge According to Saylor, “the longest bill [by Senator Lummis] has laid out the idea of acquiring Bitcoin strategically over four years, just consistently day by day in order to reach a million Bitcoin target.” Currently, the US government is believed to hold 200,000 BTC—worth an estimated $17 billion at today’s prices. Should it proceed with additional large-scale purchasing, the effect on the price of Bitcoin could be considerable. However, Saylor argued that the most “responsible” approach would be “to go slow and steady and deliberate with clear telegraphing and transparency” rather than making abrupt acquisitions that could roil the market. Central to Saylor’s stance is the classification of Bitcoin as “digital property,” an asset without a central issuer. “The real key about Bitcoin is for people to understand that it’s a digital property. It’s a savings account that empowers every single American to save their wealth and preserve it over time,” Saylor explained. He emphasized that if the US government provides clarity around this status, it could instill greater confidence in citizens to consider cryptocurrencies a legitimate savings vehicle. Related Reading: Bitcoin Price Suffers Bearish Deviation After Filling CME Gap, Is This Good Or Bad? In discussing whether taxpayer money should be used to purchase Bitcoin, Saylor drew a distinction between different digital assets. While Bitcoin (as a “digital commodity”) is, in his view, well-suited for strategic reserves, he also acknowledged the importance of digital currencies (stablecoins), tokenized securities (for capital efficiency), and token-based utility projects. Nevertheless, he singled out Bitcoin as the prime candidate for a national reserve, calling it “the one universally agreed-upon foundational asset in the entire crypto economy.” 🇺🇸 MICHAEL SAYLOR HINTS THE USA WILL BUY 1 MILLION #BITCOIN FOR ITS RESERVE 🤯 IT’S HAPPENING 🚀 pic.twitter.com/jr73piPfNY — Vivek⚡️ (@Vivek4real_) March 5, 2025 Saylor also addressed skeptics who question the rationale for a national Bitcoin reserve compared to more traditional strategic reserves such as oil or medical supplies. He compared Bitcoin to property, invoking a historical analogy: “We bought 75% of this nation with about 40 million dollars […] We bought Louisiana. We bought California. We bought Texas. We bought Alaska. It’s property. If you think of Bitcoin as property in cyberspace and you say where is all the money in the world headed? Well, it’s headed from foreign countries […] It wants to go from the physical world to the digital world.” For those concerned about the fundamental ethos of Bitcoin as a decentralized asset with no government involvement, Saylor insisted that official adoption need not contradict the cryptocurrency’s original design. “Satoshi gave us a process, a protocol for prosperity. That’s what we call Bitcoin,” he said. While early adopters may have favored minimal regulation, Saylor believes nation-states “interested in economic empowerment and prosperity” will inevitably follow individuals and corporations into the digital domain. At press time, BTC traded at $91,725. Featured image from YouTube, chart from TradingView.com

Solana co-founder prefers ‘no reserve’ despite SOL inclusion

Solana co-founder Anatoly Yakovenko opposes a US national crypto reserve, warning that government control could undermine decentralization.

Solana co-founder questions Trump’s crypto reserve despite SOL inclusion

Solana co-founder Anatoly Yakovenko opposes a US national crypto reserve, warning that government control could undermine decentralization.