📉Cardano Whales Retreat as ADA Price Faces Potential Death Cross📉
Cardano (ADA) is under pressure, dropping 4% in the past 24 hours and nearly 10% over the past week, with daily trading volume falling 15% to $869 million. This price and volume decline comes amid key indicators showing weakening momentum and growing market uncertainty.
From a negative shift in the BBTrend to volatile whale activity and the looming threat of a “death cross” forming on its EMAs, ADA is entering a critical phase. Whether it can hold key support levels and regain strength—or continue its downward slide—will depend on short-term market sentiment and broader crypto market conditions.
Cardano (ADA) is under pressure, dropping 4% in the past 24 hours and nearly 10% over the past week, with daily trading volume falling 15% to $869 million. This price and volume decline comes amid key indicators showing weakening momentum and growing market uncertainty.
From a negative shift in the BBTrend to volatile whale activity and the looming threat of a “death cross” forming on its EMAs, ADA is entering a critical phase. Whether it can hold key support levels and regain strength—or continue its downward slide—will depend on short-term market sentiment and broader crypto market conditions.
🤡 Blum — scam. Smerkis was arrested.
The project, which had been feeding promises for years and did not go public, turned out to be what it seemed — a dummy.
The head of the project, Vladimir Smerkis, was detained for fraud for $15+ million. The trial, the prospect of 10 years and the third scam project in his track record.
The project, which had been feeding promises for years and did not go public, turned out to be what it seemed — a dummy.
The head of the project, Vladimir Smerkis, was detained for fraud for $15+ million. The trial, the prospect of 10 years and the third scam project in his track record.
💰Bitcoin = Gold Predictions
Yesterday , for a brief moment, 1 BTC equaled 1 kg of gold — both at ~$102,900.
Crypto Twitter went wild:
• One analyst predicted XRP could hit $10,000 by 2026–2030.
• Another rumor claims the White House might revalue gold to buy $1M worth of BTC, potentially pushing Bitcoin to $150K.
Yesterday , for a brief moment, 1 BTC equaled 1 kg of gold — both at ~$102,900.
Crypto Twitter went wild:
• One analyst predicted XRP could hit $10,000 by 2026–2030.
• Another rumor claims the White House might revalue gold to buy $1M worth of BTC, potentially pushing Bitcoin to $150K.
🚀 Vitalik Buterin has introduced a new proposal focused on maintaining decentralized access to the Ethereum network during its scaling process.
He noted the importance of running independent nodes to avoid dependence on large RPC providers that can censor users. Buterin also introduces the concept of "partially static nodes", allowing access to blockchain data without having to run a full node, which will make the process easier and more private.
This initiative opens up important issues of governance and accessibility of the Ethereum network, which is critical for all users of cryptocurrencies.
#Ethereum #Decentralization #CensorshipResistance
He noted the importance of running independent nodes to avoid dependence on large RPC providers that can censor users. Buterin also introduces the concept of "partially static nodes", allowing access to blockchain data without having to run a full node, which will make the process easier and more private.
This initiative opens up important issues of governance and accessibility of the Ethereum network, which is critical for all users of cryptocurrencies.
#Ethereum #Decentralization #CensorshipResistance
🚨 Pavel Durov, co-founder of Telegram, refused to submit to pressure from the French intelligence services to censor political content before the elections in Romania.
In his post, he stressed his commitment to protecting freedom of speech, saying: "We did not block the protesters in Russia, Belarus or Iran — we will not start doing it in Europe." This statement highlights the importance of independence from State influence and raises questions about censorship and democracy in the modern world.
#censorship #freedom of speech #democracy
In his post, he stressed his commitment to protecting freedom of speech, saying: "We did not block the protesters in Russia, Belarus or Iran — we will not start doing it in Europe." This statement highlights the importance of independence from State influence and raises questions about censorship and democracy in the modern world.
#censorship #freedom of speech #democracy
🗣️ Paul Atkins, the new chairman of the SEC, announced a "new day" for the crypto industry in his first public appearance. He confirmed that the Commission will become more open to innovation, which can bring long-awaited stability for crypto investors.
Work on rules for crypto markets continues, and the growing interest from Congress in clear regulation of digital assets promises to create a legal framework for the sector.
#SEC #CryptoRegulation #CryptoNews
Work on rules for crypto markets continues, and the growing interest from Congress in clear regulation of digital assets promises to create a legal framework for the sector.
#SEC #CryptoRegulation #CryptoNews
🚀 JPMorgan is taking a step towards Bitcoin!
The bank's customers will now be able to purchase Bitcoin, which has become a significant change for the traditional banking sector. JPMorgan CEO Jamie Dimon, who has long criticized cryptocurrencies, noted this change at the annual investor day.
Now customers will be able to invest in Bitcoin without trusting the bank itself to store assets. This can dramatically change the investment dynamics in the cryptocurrency market and indicates the desire of large financial institutions to integrate digital assets.
#JPMorgan #Bitcoin #CryptoIntegration
The bank's customers will now be able to purchase Bitcoin, which has become a significant change for the traditional banking sector. JPMorgan CEO Jamie Dimon, who has long criticized cryptocurrencies, noted this change at the annual investor day.
Now customers will be able to invest in Bitcoin without trusting the bank itself to store assets. This can dramatically change the investment dynamics in the cryptocurrency market and indicates the desire of large financial institutions to integrate digital assets.
#JPMorgan #Bitcoin #CryptoIntegration
The American lost $2.4 million due to the leak of Coinbase data
Sculptor Ed Suman from Los Angeles lost his retirement savings - 17.5 BTC and 225 ETH — after he entered his seed phrase on a phishing site. The scammers obtained his personal data due to a leak of information from Coinbase.
Suman claims that he has not received any warnings from the exchange. Coinbase previously stated that less than 1% of active customers were affected, but no compensation has yet been reported.
Sculptor Ed Suman from Los Angeles lost his retirement savings - 17.5 BTC and 225 ETH — after he entered his seed phrase on a phishing site. The scammers obtained his personal data due to a leak of information from Coinbase.
Suman claims that he has not received any warnings from the exchange. Coinbase previously stated that less than 1% of active customers were affected, but no compensation has yet been reported.
🇫🇷 France has banned Pavel Durov from traveling to the United States
The Telegram founder was denied permission to travel to the United States, where he planned to meet with investors. The decision was made by the Paris Prosecutor's office on May 12, considering that "the trip does not seem necessary or justified."
Earlier, Durov said that he was under pressure from the French authorities, including the head of intelligence, to limit "conservative voices" in Telegram before the elections in Romania. Paris denies these accusations.
The Telegram founder was denied permission to travel to the United States, where he planned to meet with investors. The decision was made by the Paris Prosecutor's office on May 12, considering that "the trip does not seem necessary or justified."
Earlier, Durov said that he was under pressure from the French authorities, including the head of intelligence, to limit "conservative voices" in Telegram before the elections in Romania. Paris denies these accusations.
⚖️ Bancor sued Uniswap for patent infringement, claiming that an international automated market maker uses their technology without permission.
This move opens a new front in the legal battle in DeFi and may negatively affect innovation in the industry. The issue of intellectual property compliance is becoming increasingly relevant in the rapidly developing crypto space.
#Bancor #Uniswap #DeFi
This move opens a new front in the legal battle in DeFi and may negatively affect innovation in the industry. The issue of intellectual property compliance is becoming increasingly relevant in the rapidly developing crypto space.
#Bancor #Uniswap #DeFi
🏙️ New York Mayor Eric Adams has announced the creation of a digital advisory council aimed at positioning the city as the "crypto capital of the world."
At the first New York Crypto Summit, he emphasized the importance of using cryptocurrencies and blockchain technologies to create jobs and improve urban services. Although details about the council have not yet been disclosed, the mayor promised that new recommendations will be received soon.
This initiative highlights NYC's proactive approach to adopting new technologies and has the potential to significantly impact the city's economy and its role in the global crypto landscape. 🌍
#NYC #CryptoCouncil #Blockchain
At the first New York Crypto Summit, he emphasized the importance of using cryptocurrencies and blockchain technologies to create jobs and improve urban services. Although details about the council have not yet been disclosed, the mayor promised that new recommendations will be received soon.
This initiative highlights NYC's proactive approach to adopting new technologies and has the potential to significantly impact the city's economy and its role in the global crypto landscape. 🌍
#NYC #CryptoCouncil #Blockchain
In London , a US tourist was robbed of $123,000 in cryptocurrency after riding with a fake Uber driver
The man was offered a cigarette, presumably with psychotropic substances, which is why he reported the PIN code from the phone. The attacker gained access to the Revolut application and withdrew $123,000 in BTC and XRP.
Conclusion: don't smoke, especially with strangers.
The man was offered a cigarette, presumably with psychotropic substances, which is why he reported the PIN code from the phone. The attacker gained access to the Revolut application and withdrew $123,000 in BTC and XRP.
Conclusion: don't smoke, especially with strangers.
📈In recent hours, there has been a rapid growth of income-backed stablecoins to $11 billion, which is 4.5% of the total market. This is a dramatic increase from $1.5 billion in early 2024!
🔥The main player in this market is Pendle, which now accounts for 30% of the funds locked in income-backed stablecoins.
✅ The SEC approval imposes clear rules on this segment, emphasizing their importance in the modern financial ecosystem. The interest in advanced financial technologies is clearly growing!
#stablecoins #Pendle #SEC
🔥The main player in this market is Pendle, which now accounts for 30% of the funds locked in income-backed stablecoins.
✅ The SEC approval imposes clear rules on this segment, emphasizing their importance in the modern financial ecosystem. The interest in advanced financial technologies is clearly growing!
#stablecoins #Pendle #SEC
🥈SEC Sues Unicoin Over Alleged $100 Million Fraud🥈
The U.S. Securities and Exchange Commission (SEC) has filed a lawsuit against cryptocurrency platform Unicoin and three of its top executives, alleging they defrauded investors of over $100 million by making false and misleading claims about real-world assets backing the company’s token.
In a press release dated May 20, the SEC named the defendants as Unicoin CEO Alex Konanykhin, board member Silvina Moschini, and former Chief Investment Officer Alex Dominguez. The three are accused of providing false information regarding the value and legal nature of Unicoin token rights certificates and company shares, in an effort to lure thousands of investors.
The SEC stated that Unicoin attracted investments with fabricated promises about asset-backed tokens, misleading investors into believing the offerings were legally sound and securely backed.
The U.S. Securities and Exchange Commission (SEC) has filed a lawsuit against cryptocurrency platform Unicoin and three of its top executives, alleging they defrauded investors of over $100 million by making false and misleading claims about real-world assets backing the company’s token.
In a press release dated May 20, the SEC named the defendants as Unicoin CEO Alex Konanykhin, board member Silvina Moschini, and former Chief Investment Officer Alex Dominguez. The three are accused of providing false information regarding the value and legal nature of Unicoin token rights certificates and company shares, in an effort to lure thousands of investors.
The SEC stated that Unicoin attracted investments with fabricated promises about asset-backed tokens, misleading investors into believing the offerings were legally sound and securely backed.