ADA – Earlybirds Invest https://earlybirdsinvest.com Latest Crypto News Wed, 10 Sep 2025 13:42:31 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.7 https://i0.wp.com/earlybirdsinvest.com/wp-content/uploads/2024/12/cropped-New-Project-2024-12-17T235703.455.png?fit=32%2C32&ssl=1 ADA – Earlybirds Invest https://earlybirdsinvest.com 32 32 240146708 Up to 10x increased margin leverage on Kraken Pro: ADA, LINK, AVAX, SUI, LTC https://earlybirdsinvest.com/up-to-10x-increased-margin-leverage-on-kraken-pro-ada-link-avax-sui-ltc/ https://earlybirdsinvest.com/up-to-10x-increased-margin-leverage-on-kraken-pro-ada-link-avax-sui-ltc/#respond Wed, 10 Sep 2025 13:42:30 +0000 https://earlybirdsinvest.com/up-to-10x-increased-margin-leverage-on-kraken-pro-ada-link-avax-sui-ltc/

Kraken is doubling down on trader empowerment. By increasing margin trading leverage from 2x to 10x on select pairs, we’re giving experienced traders more flexibility, efficiency, and capital power than ever before.

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Here’s some more information about the tokens:

Cardano (ADA) is a research-driven cryptocurrency. Cardano is the first proof-of-stake blockchain platform to be founded on peer-reviewed research. It’s powered by Ouroboros, a protocol that its proponents claim has improved upon security, scalability and energy efficiency versus other proof-of-work predecessors, like Bitcoin. ADA is the native token of Cardano and can be staked to earn rewards.

Chainlink (LINK) is a decentralized oracle that provides external data to smart contracts. Using reputation and validation systems to reward honest behavior among tamper-proof oracles, the Chainlink network connects smart contracts to real world data, events and payments. The cryptocurrency that powers the network is LINK, an ERC-20 token that incentivizes oracles – third party blockchain data sources – to maintain service level agreement (SLA) standards.

Avalanche (AVAX) is a system that serves as a foundation for a new wave of decentralized applications (or dApps). Consisting of three interoperable blockchains, it aims to deliver high throughput without sacrificing scalability.

Sui Network (SUI) is a scalable, low-latency smart contract platform powered by a permissionless set of validators. Sui Network allows transactions to be processed in parallel thanks to its unique data model and approach to consensus. The SUI token allows network users to pay gas fees, while also helping to ensure smooth transaction execution and reliable storage of operations on the network.

Litecoin (LTC) is a BTC fork with faster transaction confirmations. Litecoin (LTC) was released in 2011 as a fork of Bitcoin with the primary difference being a decreased block processing time, 2.5 minutes as opposed to Bitcoin’s 10 minutes, allowing for faster confirmation of transactions. Litecoin also features improved storage efficiency and a slightly different proof-of-work mining mechanism than Bitcoin.

Before you start, what you should know:

In order to trade using margin, you will need to hold at least one collateral currency.

The availability of margin trading services is subject to certain limitations and eligibility criteria.

Margin trading incurs additional fees for opening, closing and holding a position. Learn more about the different rates and fees.

Trade with caution

There is no guarantee that a limit order will execute. There is no guarantee of margin pool availability at all times. There is also no guarantee of a market order executing at a certain price. The availability and liquidity of the particular digital asset will impact these types of orders.

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Cardano Sentiment Crashes To 5-Month Low As ADA Defends Key Price Level https://earlybirdsinvest.com/cardano-sentiment-crashes-to-5-month-low-as-ada-defends-key-price-level/ https://earlybirdsinvest.com/cardano-sentiment-crashes-to-5-month-low-as-ada-defends-key-price-level/#respond Thu, 04 Sep 2025 14:58:34 +0000 https://earlybirdsinvest.com/cardano-sentiment-crashes-to-5-month-low-as-ada-defends-key-price-level/

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Cardano’s mood music has flipped. Even as ADA has rebounded about five percent from its late-August lows, on-chain analytics firm Santiment says the asset’s typically optimistic retail crowd has swung to its most negative stance in five months.

In an X post accompanying its sentiment chart, the firm wrote: “Cardano has quietly seen its normally optimistic crowd start to turn bearish. After the lowest sentiment recorded in 5 months, $ADA’s price is +5%. Patient holders and dip buyers during this three week downswing should root for this trend of bearish retailers to continue.”

Santiment framed that shift in classic contrarian terms. “Prices typically move the opposite direction of the crowd’s expectations. When small traders sell off their bags out of impatience and frustration, it is generally the key stakeholders who accumulate and drive up prices again,” the post added.

Related Reading

The graphic shared by the firm plots ADA’s price against a running ratio of bullish versus bearish social commentary and annotated three distinct phases over the past month: an early-August “greed” spike where the bullish-to-bearish ratio surged to roughly 12.8:1 and was followed by a pullback; a mid-August “fear” pocket near 2.0:1 that preceded a rally; and, most recently, the most bearish reading in five months around 1.5:1, coinciding with ADA’s +5% bounce.

Cardano retail sentiment
Cardano retail sentiment | Source: X @santimentfeed

The sequencing in Santiment’s chart supports the firm’s message that outsized crowd optimism or pessimism frequently appears near short-term inflection points. The short-term price path into that rebound has been marked by a three-week downswing that began around August 14.

Cardano Faces Decision Zone

Independent market analyst Quantum Ascend ties the bounce to a clearly defined higher-time-frame structure. Posting a daily ADA/USD chart, the analyst wrote: “ADA Respecting a channel on the high time frame dating back to early June. Higher Highs, Lower Lows. Short-term decline dating back to August 14 channeling as well. Price Currently sitting atop the .382 Fib at $0.82. Cardano’s decision point appears near, but we still need to be looking to the Macro. Regardless, I’m very bullish long-term.”

Related Reading

In Quantum Ascend’s view, ADA is tracking an ascending channel that has contained price action since mid-June. The short, blue corrective channel from August 14 sits inside that broader up-channel and has carried price back to the lower end of the channel as well as a Fibonacci retracement cluster derived from the June–August advance.

The analyst’s chart places the 0.382 retracement near $0.821, which has acted as first support and the immediate “decision point.” Below that, the same mapping highlights the 0.309 retracement around $0.762 and the 0.236 near $0.702 as deeper pullback areas inside the macro structure.

Cardano price analysis
Cardano price analysis | Source: X @quantum_ascend

Overhead, the analyst’s levels mark successive checkpoints at the 0.5 retracement near $0.879, the 0.618 near $1.043, the 0.702 around $1.083, the 0.786 near $1.151, and the 1.0 extension around $1.326—levels that also align with prior supply pockets and the upper boundary of the ascending channel later in the quarter.

At press time, ADA traded at $0.8177.

Cardano price
ADA bulls must break the black trendline, 1-week chart | Source: ADAUSDT on TradingView.com

Featured image created with DALL.E, chart from TradingView.com

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Shiba Inu (SHIB): Ready to Fade Into Oblivion? XRP: Final Stand, Cardano (ADA) Bulls: Price Collapse Is One Move Away https://earlybirdsinvest.com/shiba-inu-shib-ready-to-fade-into-oblivion-xrp-final-stand-cardano-ada-bulls-price-collapse-is-one-move-away/ https://earlybirdsinvest.com/shiba-inu-shib-ready-to-fade-into-oblivion-xrp-final-stand-cardano-ada-bulls-price-collapse-is-one-move-away/#respond Thu, 04 Sep 2025 01:03:59 +0000 https://earlybirdsinvest.com/shiba-inu-shib-ready-to-fade-into-oblivion-xrp-final-stand-cardano-ada-bulls-price-collapse-is-one-move-away/

The market is on the verge of exiting the consolidation stage, with Shiba Inu, XRP and Cardano being on verge of their local formations that should boost volatility and push either asset into their next stage.

Shiba Inu at crossroads

With price action indicating the possibility of a significant breakdown, Shiba Inu is at a crucial crossroads. The token is stuck inside a narrowing triangle and is currently trading at about $0.0000123, but the overall structure is bearish.

Due to buyers’ inability to maintain momentum above resistance levels, each bounce has been weaker than the last. The consistent drop in trading volume is the most concerning indication. Volume has been declining since early August, which suggests that traders’ interest and involvement are waning.

Article image
SHIB/USDT Chart by TradingView

Declining volume during consolidation frequently precedes strong breakouts in cryptocurrency markets, however, since SHIB is already under pressure, the likelihood of a breakdown rather than a recovery is higher.

Technically speaking, SHIB will encounter resistance right away in the range of $0.0000130-$0.0000132, and then the 200-day moving average close to $0.0000139. Every upward attempt has been capped for weeks at these levels. Support for the downside is located just above $0.0000120. The next target might be $0.0000110 or even $0.0000100, a level that runs the risk of adding another zero to SHIB’s valuation if it significantly breaks below this.

Additionally, a classic indicator of deteriorating market structure, the descending trendline from the recent highs, is still forcing lower peaks. Bearish momentum will probably prevail unless SHIB can break out above that line with significant volume. That is, there is a genuine chance of oblivion.

In addition to possibly correcting further, SHIB runs the risk of becoming irrelevant for traders seeking stronger momentum plays if support gives way while volume keeps declining.

XRP’s last test

It appears that XRP is nearing a final stand at its current price. The token is currently trading at about $2.83, just above the 100-day EMA at $2.77, which serves as the crucial line of defense. If XRP is unable to maintain this zone, it may fall toward $2.50 and ultimately the psychological $2.00 level.

The symmetrical triangle pattern that had been supporting the price since mid-August is clearly broken in the chart. XRP was forced below the lower trendline by sellers, and although it has stabilized for the time being, momentum is still brittle. A clear close below $2.77 would validate the bearish trend.

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The pattern in the volume adds to the uncertainty. The steady decline in trading volume is frequently an indication that sellers are worn out, and that bearish pressure is abating. However, low volume can also indicate fund outflows and disinterest, making XRP more susceptible to steeper drops when liquidity evaporates.

XRP has some breathing room for a recovery, as the RSI, which is currently hovering around 44 and reflecting neutral-to-weak momentum, does not yet exhibit any bullish divergence. Regaining $2.95-$3.00 is crucial for bulls. Strength would only be indicated by a persistent return above $3.00, which would pave the way for $3.10-$3.20.

XRP might still bounce back and reenter a consolidation range if support remains at the 100-day EMA. But if it fails, sentiment quickly shifts against it, making the path to $2.00 much more likely. This is a make-or-break situation for XRP investors for the time being.

Cardano’s patience

Cardano is putting its holders’ patience to the test once more. After weeks of losing momentum, the token is currently trading at a pivotal level, with bulls finding it difficult to maintain control. According to the short-term technical picture, the 100-day EMA and the crucial $0.80 support zone are both in the vicinity of ADA.

There is still hope for a recovery in ADA despite the negative undertones. The $0.80 area has previously shown itself to be resilient, serving as a base for several recoveries. Buyers can continue on their current trajectory toward $0.90 and $1.00 if they can defend this level once more.

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A psychological shift would be signaled by a breakout above $1, which might draw momentum traders and investors who had been sidelined back into the market.

However, volume trends are not very promising. Everyday trading activity has decreased, indicating a general decline in enthusiasm. This makes ADA susceptible because, when markets turn risk-off, a lack of conviction can hasten downward pressure. However, these quiet periods frequently come before explosive moves, so the next sessions are very important.

The indecision is highlighted by the RSI, close to 48, which is in neutral territory and does not indicate oversold or overbought conditions. This implies that ADA has some leeway.

In general, the market is struggling, as there isn’t much of bearish support coming in and the majority of investors are bracing themselves for multiple breakdowns, especially if Bitcoin fails to deliver in the next few weeks.

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Cardano (ADA) Faces Selling Pressure – Is This the Start of a Trend? https://earlybirdsinvest.com/cardano-ada-faces-selling-pressure-is-this-the-start-of-a-trend/ https://earlybirdsinvest.com/cardano-ada-faces-selling-pressure-is-this-the-start-of-a-trend/#respond Mon, 01 Sep 2025 06:10:03 +0000 https://earlybirdsinvest.com/cardano-ada-faces-selling-pressure-is-this-the-start-of-a-trend/ Cardano price started a fresh decline below the $0.850 zone. ADA is now consolidating and might extend losses below the $0.80 support.

  • ADA price started a fresh decline below the $0.850 support zone.
  • The price is trading below $0.8320 and the 100-hourly simple moving average.
  • There is a key bearish trend line forming with resistance at $0.820 on the hourly chart of the ADA/USD pair (data source from Kraken).
  • The pair could start a fresh increase if it clears the $0.820 resistance zone.

Cardano Price Dips Further

After a steady increase, Cardano faced sellers near $0.880 and started a downside correction, like Bitcoin and Ethereum. ADA dipped below the $0.850 and $0.8320 support levels.

The bears even pushed the price below $0.820. A low was formed at $0.8003 and the price is now consolidating losses. There was a minor increase toward the 23.6% Fib retracement level of the recent decline from the $0.8376 swing high to the $0.8003 low.

Cardano price is now trading below $0.820 and the 100-hourly simple moving average. There is also a key bearish trend line forming with resistance at $0.820 on the hourly chart of the ADA/USD pair.

On the upside, the price might face resistance near the $0.820 zone. The first resistance is near $0.8280 or the 76.4% Fib retracement level of the recent decline from the $0.8376 swing high to the $0.8003 low. The next key resistance might be $0.840.

Cardano Price

If there is a close above the $0.840 resistance, the price could start a strong rally. In the stated case, the price could rise toward the $0.8620 region. Any more gains might call for a move toward $0.880 in the near term.

Another Decline In ADA?

If Cardano’s price fails to climb above the $0.840 resistance level, it could start another decline. Immediate support on the downside is near the $0.80 level.

The next major support is near the $0.780 level. A downside break below the $0.780 level could open the doors for a test of $0.7620. The next major support is near the $0.750 level where the bulls might emerge.

Technical Indicators

Hourly MACD – The MACD for ADA/USD is gaining momentum in the bearish zone.

Hourly RSI (Relative Strength Index) – The RSI for ADA/USD is now below the 50 level.

Major Support Levels – $0.8000 and $0.7800.

Major Resistance Levels – $0.8200 and $0.8400.

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Cardano Closes 264 Million ADA Budget Cycle, IOG Takes Lead https://earlybirdsinvest.com/cardano-closes-264-million-ada-budget-cycle-iog-takes-lead/ https://earlybirdsinvest.com/cardano-closes-264-million-ada-budget-cycle-iog-takes-lead/#respond Tue, 19 Aug 2025 22:55:19 +0000 https://earlybirdsinvest.com/cardano-closes-264-million-ada-budget-cycle-iog-takes-lead/

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Cardano’s first full‐cycle ecosystem budget has reached its finish line. On August 19, 2025, Intersect—Cardano’s member-based organization that facilitated the process—announced: “Our ecosystem budget and withdrawal process has now reached its conclusion… DReps have approved ₳264m in ecosystem funding.” In the same statement, Intersect said the pipeline began with 194 proposals submitted through GovTool and the Ekklesia poll, was refined off-chain to 40, and ultimately produced 39 on-chain treasury withdrawals—37 of which cleared the required thresholds.

First Cardano Budget Cycle Closes

Intersect added that “more than 30 vendors have now signed contracts,” with those agreements being published for public review. The live “Intersect Administered Contracts” ledger confirms a growing roster of counterparties and amounts—ranging from the ₳64.3 million “Catalyst 2025” program to infrastructure and tooling efforts such as a ZK bridge and maintenance of key developer libraries. Intersect says additional contracts will be posted in the days ahead “together with the funding of related smart contracts.”

The conclusion caps a months-long governance sequence that combined off-chain deliberation and on-chain ratification. In July, Intersect submitted 39 Treasury Withdrawal governance actions for DRep and Constitutional Committee scrutiny; throughout late July and early August, proposals began surpassing the 67% DRep supermajority threshold that marks passage under CIP-1694’s current regime. Intersect’s development updates documented the first wave of supermajorities and directed participants to follow each proposal’s progression epoch by epoch.

With votes cast and thresholds met, Intersect has outlined what happens next. After a proposal passes, it is ratified at the epoch boundary, then enacted one epoch later, moving funds from the Treasury to designated smart-contract holding addresses. Intersect’s administration team finalizes legal agreements, deploys vendor-specific contracts with milestone schedules, and co-signs them alongside an oversight committee. Intersect’s August guidance emphasized the three-stage sequence—ratification, enactment, administration—and pledged status updates as each vendor’s contract goes live on-chain.

The mechanics behind those disbursements have been built for transparency. Intersect’s knowledge base details an end-to-end flow: withdrawals fund partitioned “Treasury Contracts”; vendors sign written agreements; “Vendor Contracts” encode milestones and payment dates; the oversight committee holds keys to provide checks and balances; and vendors withdraw only as milestones mature. Funds sit effectively in escrow, are auditable on-chain, and unclaimed balances time out back to the Treasury.

To monitor the delivery phase, Intersect points the community to two public dashboards. A Smart Contract dashboard exposes milestone breakdowns, dates, and payment events for each funded project, while a Cardano Treasury dashboard tracks flows from the Treasury into the reserve and project contracts.

The now-published contract catalog provides a first look at how the approved ₳264 million will be administered across core infrastructure, governance tooling, developer experience, and ecosystem programs. Entries include continued development for the AdaStat explorer, ongoing maintenance of PyCardano, and a ZK bridge prototype—illustrating the mix of large-scale programs and targeted technical workstreams that made it through the final on-chain filters.

IOG Takes The Lead

Cardano’s single largest allocation goes to Input Output’s core protocol program. Intersect’s contract ledger lists ₳96,817,080 for the “2025 Input Output Engineering Core Development” proposal, dedicated to “engineering, maintenance, and development services to enhance and secure the Cardano protocol and its core infrastructure,” explicitly framed as delivery of the community-endorsed technical roadmap. A companion research track, “Input Output Research (IOR): Cardano Vision – Work Program 2025,” adds ₳26,840,000 for multi-year research and technology validation.

Intersect also shows two further IOG-administered items—₳5,159,000 to overhaul Project Catalyst’s technical stack and ₳1,300,000 to decentralize the Blockfrost API via a gateway and “Icebreaker” network—bringing Input Output–family contracts to roughly ₳130.1 million, just under half of the approved ₳264 million budget.

Input Output characterizes the engineering mandate as the first community-authorized core development program in Cardano’s history, approved with 73.93% support. In its newsroom statement, IOE says the funded roadmap will advance scalability, developer experience, and interoperability through initiatives including Ouroboros Leios, Hydra, Mithril enhancements, nested transactions, and Project Acropolis—a modular re-architecture of the node—with “faster sync times, lower RAM usage, and reduced operational costs for stake pool operators.”

At press time, ADA traded at $0.92.

Cardano price
ADA retests key support, 1-week chart | Source: ADAUSDT on TradingView.com

Featured image created with DALL.E, chart from TradingView.com

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(Live) XRP, BNB, ADA top Crypto Gainers: AltCoin Trio Pumps Despite Market Recession https://earlybirdsinvest.com/live-xrp-bnb-ada-top-crypto-gainers-altcoin-trio-pumps-despite-market-recession/ https://earlybirdsinvest.com/live-xrp-bnb-ada-top-crypto-gainers-altcoin-trio-pumps-despite-market-recession/#respond Tue, 19 Aug 2025 13:50:09 +0000 https://earlybirdsinvest.com/live-xrp-bnb-ada-top-crypto-gainers-altcoin-trio-pumps-despite-market-recession/

Today, the crypto market is stable, shy of just $4 trillion, rising just 0.2% daily in BNB, XRP and ADA readings.

Bitcoin has a 58% advantage so far, but is still under 60%, making it suitable for the Altcoin market. Bitcoin, Ethereum and Solana have risen slightly, indicating that the code could bounce right after the current long dip from last week.

Today, the crypto market is stable, shy of just $4 trillion, rising just 0.2% daily in BNB, XRP and ADA readings.

(btc.d))

Discovery: Next 1000x Ciphers: 10+ Ciphers tokens that could hit 1000X in 2025

XRP major code-gatherer after violating ATH a few weeks ago

Bitcoin trades flat at the $115,000 level and holds some of the highest percentages of all-time highs (ATH). Among the ETF activity, Ethereum rose slightly to 0.2% to $4,300, while Solana hits $181.

XRP leads by over $3 with a 1.7% crypto increase. Ripple’s jump could be driven by the launch of Nasdaq’s Futures ETF and the approval of Brazil’s spot ETFs. This is based on Crypto’s legal victory, which XRP violated the ATH a few weeks ago.

24 hours7d30D1Yeverytime

BNB will rise to $845 with XRP, at the same 1.7% as XRP, following the Maxwell Crypto upgrade, which reduces block time to 0.75 seconds. The upgrade also increased throughput by 49%, which helped with BSC capacity. But that’s not everything about Binance Coin. Nano Labs’ $500 million accumulation also suggests speculation from the BNB ETF, which attracts speculators to the coin.

Binance Coin

price

Market capitalization

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Meanwhile, the ADA rose 3,2% to $0.93, showing a 20% increase over seven days. Cardano pumps may be supported by a 50-day rebound from SMA. The ADA is currently focusing on a $0.94 resistance.

Ethereum and It Upgrades place the chain on a $5,000 target. This is a likely target this year. Well, that’s Ethereum.

However, Bitcoin has helped the crypto market reach this high $4 billion market capitalization due to its advantage and market stability.

XRP efficiency and its legality, BNB Crypto Exchange Integration and ADA growth demonstrate their strengths in the integrated market. Solana competes as an alternative to Ethereum, but focuses on these acquirers for targeted exposure.

Discover: Best Meme Coin ICO for Investing in 2025

For the latest market updates, please join us in the discrepancy in 99bitcoins news here

Bitcoin finances are buying Bitcoin dip: Will Bull Run resume soon?

Akiyama Felix

by Akiyama Felix

The Bitcoin Dip Action for August 2025 highlights splits. Corporate finances stack SAT on every pullback, but US spot ETFs are seeing heavy spills and shaking retail confidence.

Despite the historic average of 11.4% in August, institutions remain committed, with strategies and companies like Platakis Holdings implementing a $1 billion strategy to increase reserves, placing BTC as an inflation hedge and a valuable reservoir.

24 hours7d30D1Yeverytime

Please read the whole story here.

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Cardano (ADA) Remains Green Despite Market Pullback – Is It Ready For A 70% Run? https://earlybirdsinvest.com/cardano-ada-remains-green-despite-market-pullback-is-it-ready-for-a-70-run/ https://earlybirdsinvest.com/cardano-ada-remains-green-despite-market-pullback-is-it-ready-for-a-70-run/#respond Fri, 15 Aug 2025 08:09:46 +0000 https://earlybirdsinvest.com/cardano-ada-remains-green-despite-market-pullback-is-it-ready-for-a-70-run/

After hitting a new multi-month high, Cardano (ADA) has retraced alongside the rest of the market. Some analysts suggest that the cryptocurrency is ready to reclaim crucial resistance levels and hit new highs in the coming months.

Related Reading

Cardano Holds Crucial Support Despite Pullback

On Thursday, Cardano experienced an 11% drop after surpassing the $1.00 barrier for the first time since March. ADA’s retracement was fueled by the crypto market’s pullback, which saw massive liquidations throughout the day.

According to CoinGlass data, the crypto market saw over $1.05 billion in liquidations over the last 24 hours, driven by higher-than-expected macroeconomic signals. Notably, the PPI number revealed an annual headline inflation of 3.3%, way higher than the 2.5% forecast.

Additionally, the US Treasury Secretary Scott Bessent revealed that the US government will not be purchasing additional Bitcoin for its Strategic Bitcoin Reserve (SBR), established by President Trump in March 2025. Instead, the US will stop selling its BTC holdings and continue to build up the reserve’s stash through confiscated assets.

As a result, Bitcoin, which hit a new all-time high (ATH) of $124,128 on Wednesday night, retraced to the $117,000-$118,000 support zone, while the rest of the market turned red.

Nonetheless, Cardano has gone against the current, becoming the only cryptocurrency in the top 50 list to remain in green despite the broader market pullback, with a 3.5% increase in the daily timeframe.

In the last 24 hours, ADA has broken out of its local range, hitting a five-month high of $1.02 on Thursday morning. Amid the market drop, ADA held above its breakout level, hovering between the $0.89-$0.91 range over the past few hours, and it’s attempting to break out of its current levels.

cardano, ada, adausdt
Cardano’s performance in the one-week chart. Source: ADAUSDT on TradingView

ADA To Repeat Last Cycle’s Playbook?

Analyst Ali Martinez noted that ADA has been trading within a descending channel since the Q4 2024 rally, which saw the cryptocurrency hit its multi-year high of $1.32 in December.

During this period, Cardano has attempted to break out of the descending resistance twice, finally passing this barrier after surging above the $0.84 mark. To the analyst, a confirmed breakout from this level targets a 70% run to $1.50.

Previously, Martinez suggested that ADA is showing the same price structure as the last cycle, but it’s more gradual. Other analysts have also noted that the altcoin appears to be repeating its 2020-2021 playbook.

Crypto Yhodda highlighted that after hitting its 2018 high, Cardano saw an ABC corrective wave before consolidating within an ascending broadening wedge formation for two years.

Cardano
ADA’s performance resembles the last cycle’s price action. Source: Crypto Yhodda on X

The cryptocurrency consolidated near the range-high after rejection from the pattern’s resistance in 2020, and before breaking out to its 2021 ATH of $3.09.

This cycle, the altcoin has repeated the same movements, accumulating within the same pattern since 2022. Since being rejected from the ascending resistance in late 2024, ADA has been trading between the mid and high zones of this pattern.

Related Reading

To the analyst, Cardano is ready to climb again to the formation’s resistance, around the $1.80 area, and break out to new highs.

As of this writing, ADA is trading at $0.90, a 20% increase in the weekly timeframe.

Featured Image from Unsplash.com, Chart from TradingView.com

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Cardano sidechain Midnight starts token distribution to ADA, XRP, BTC holders https://earlybirdsinvest.com/cardano-sidechain-midnight-starts-token-distribution-to-ada-xrp-btc-holders/ https://earlybirdsinvest.com/cardano-sidechain-midnight-starts-token-distribution-to-ada-xrp-btc-holders/#respond Tue, 05 Aug 2025 22:29:22 +0000 https://earlybirdsinvest.com/cardano-sidechain-midnight-starts-token-distribution-to-ada-xrp-btc-holders/

Cardano privacy-focused sidechain Midnight Network has opened the Claim Phase of its NIGHT tokens.

Dubbed “Glacier Drop,” this phase will distribute NIGHT tokens to eligible wallets across eight blockchain ecosystems, according to an August 5 announcement. The launch follows publication of Midnight’s tokenomics paper earlier this summer, which set out the network’s distribution model and role for NIGHT. 

Midnight stated that Glacier Drop will be a multi-phase, community-focused distribution intended to broaden access while resisting manipulation. 

After the current Claim Phase, a 30-day “Scavenger Mine” will let newcomers perform on-chain work for unclaimed tokens, and a four-year “Lost-and-Found” will enable late claims from original eligible wallets following mainnet launch.

Eligibility was determined by a June 11 snapshot. Wallets holding at least $100 in native tokens on Bitcoin, Ethereum, Cardano, Solana, BNB Chain, Brave, Ripple (XRP Ledger), or Avalanche can connect to the official claim portal and redeem an allocation. 

The window to claim remains open for 60 days, according to the project’s announcement and portal guidance. 

Midnight Foundation president Fahmi Syed stated: 

“This airdrop is a rethink of how value and access can be distributed across chains, communities, and use cases and is designed to resist manipulation and encourage long-term engagement.”

Participants can access the claim process via Midnight’s official Glacier Drop portal by connecting a qualifying wallet and following the non-custodial flow.

Tokens remain locked

Claimed NIGHT does not unlock immediately. Once the mainnet is live, tokens will enter a Redemption Period that releases holdings in four random “thaw” events over 360 days, a structure designed to smooth supply and reward longer-term participation. 

Midnight TGE, the entity responsible for the initial NIGHT distribution in line with the network’s decentralization plan, will administer the rollout. The team reiterated that users should verify they are using the official URL before connecting a wallet. 

Midnight positions itself as a privacy-first network that uses zero-knowledge proofs and selective disclosure to let users share data when necessary while keeping sensitive information protected. 

The project is being developed as a sidechain within the Cardano ecosystem, providing interoperability while targeting data-protection use cases.

Mentioned in this article
Posted In: Avalanche, Basic Attention Token, Bitcoin, Cardano, Ethereum, Solana, XRP, Crypto, Featured, Technology, Tokens
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Price predictions 7/30: BTC, ETH, XRP, BNB, SOL, DOGE, ADA, HYPE, XLM, SUI https://earlybirdsinvest.com/price-predictions-7-30-btc-eth-xrp-bnb-sol-doge-ada-hype-xlm-sui/ https://earlybirdsinvest.com/price-predictions-7-30-btc-eth-xrp-bnb-sol-doge-ada-hype-xlm-sui/#respond Wed, 30 Jul 2025 18:11:44 +0000 https://earlybirdsinvest.com/price-predictions-7-30-btc-eth-xrp-bnb-sol-doge-ada-hype-xlm-sui/

Key points:

  • Bitcoin remains stuck in a narrow range, suggesting a breakout could be around the corner.

  • The FOMC minutes and Federal Reserve interest rate decision could set the tone for crypto’s next steps.

Bitcoin (BTC) continues to trade near the $120,000 resistance, indicating that the bulls have kept up the pressure. Although Bitcoin is on a strong wicket, the up move may face seasonal headwinds. According to Axel Adler Jr., BTC has recorded an average return of just 2.56% in August in the past 13 years.

However, near-term uncertainty or August’s historical weakness has not stopped Strategy from buying more BTC. The firm said on Tuesday that it had acquired 21,021 BTC at an average price of $117,256, boosting its total holding to 628,791 BTC.

Crypto market data daily view. Source: Coin360

As BTC consolidates, Ether (ETH) and BNB (BNB) have been gaining ground. Glassnode said in a post on X that ETH’s perpetual futures volume dominance has surpassed BTC, marking the “largest volume skew” on record. The “shift confirms a meaningful rotation of speculative interest toward the altcoin sector,” the analytics platform added.

Could BTC break out of its range? Will select altcoins continue their bull run? Let’s analyze the charts of the top 10 cryptocurrencies to find out.

Bitcoin price prediction

BTC continues to trade inside a tight range between $115,000 and $120,000. The longer the price stays inside a narrow range, the larger the eventual breakout from it.

BTC/USDT daily chart. Source: Cointelegraph/TradingView

The upsloping 20-day simple moving average ($118,313) and the relative strength index (RSI) in the positive territory indicate that the path of least resistance is to the upside. If buyers drive the price above $120,000, the BTC/USDT pair could pick up momentum and surge to a new all-time high above $123,218. The pair may then ascend to $135,000.

Conversely, a break and close below $115,000 suggests the bears have overpowered the bulls. That could sink the price to $110,530. This is a vital support to keep an eye on because a break below it opens the gates for a drop to $100,000.

Ether price prediction

ETH is trying to maintain above the breakout level of $3,745, signaling that the bulls are not hurrying to book profits as they anticipate another leg higher.

ETH/USDT daily chart. Source: Cointelegraph/TradingView

If the price rebounds off the $3,745 support, the ETH/USDT pair could reach the overhead resistance at $4,094. Sellers are expected to pose a strong challenge at $4,094, but if the bulls prevail, the pair could skyrocket toward $4,868.

Instead, if the price turns down and breaks below $3,745, it suggests that the bulls have given up. That could tug the price to the 20-day SMA ($3,516), where the buyers are expected to step in. If the price rebounds off the 20-day SMA with strength, the bulls will again try to pierce the overhead resistance.

XRP price prediction

XRP (XRP) is witnessing a tough battle between the buyers and sellers at the 20-day SMA ($3.16).

XRP/USDT daily chart. Source: Cointelegraph/TradingView

If the price skids below the $3.05 support, the next stop is likely to be $2.95. Buyers are expected to fiercely defend the $2.95 level because a break below it could start a deeper correction toward $2.65.

Alternatively, a strong rebound off the $2.95 level suggests solid demand at lower levels. The 20-day SMA could act as a resistance on the way up, but if the bulls overcome it, the XRP/USDT pair may climb to $3.33 and, after that, to $3.66.

BNB price prediction

BNB has pulled back to the breakout level of $794, which is a crucial support to watch out for. 

BNB/USDT daily chart. Source: Cointelegraph/TradingView

If the price rebounds off $794 with strength, it suggests that the bulls are trying to flip the level into support. If that happens, the BNB/USDT pair could retest the all-time high of $861. A break and close above $861 could start the next leg of the uptrend to $900.

On the contrary, a break and close below the $794 level signals profit-booking by short-term buyers. The pair could then dip to the 20-day SMA ($751), which is likely to attract buyers. Sellers will have to yank the pair below the 20-day SMA to gain the upper hand.

Solana price prediction

Solana (SOL) has pulled back to the 20-day SMA ($178), which is likely to act as solid support.

SOL/USDT daily chart. Source: Cointelegraph/TradingView

If the price rebounds off the 20-day SMA with strength, the bulls will again try to push the SOL/USDT pair toward the overhead resistance of $209. A break and close above $209 could open the doors for a rally to $240. There is minor resistance at $220, but it is likely to be crossed.

Contrarily, a break and close below the 20-day SMA could tug the price to the 50-day SMA ($160). That suggests the pair may extend its stay inside the large range between $110 and $209 for a few more days.

Dogecoin price prediction

Dogecoin (DOGE) turned down from $0.25 on Monday and broke below the 20-day SMA ($0.22) on Tuesday, indicating selling on rallies.

DOGE/USDT daily chart. Source: Cointelegraph/TradingView

The next support is at $0.21. If the price bounces off $0.21 and breaks above the 20-day SMA, the bulls will try to push the DOGE/USDT pair to $0.26 and later to $0.29. Sellers are expected to defend the $0.29 level with all their might because a close above it could propel the pair to $0.35 and then to $0.44.

On the other hand, a break and close below $0.21 could sink the pair to the 50-day SMA ($0.19). That suggests the pair may remain inside the large $0.14 to $0.29 range for a while longer.

Cardano price prediction

Cardano (ADA) slipped below the 20-day SMA ($0.79) on Tuesday, indicating that the bears are trying to take charge.

ADA/USDT daily chart. Source: Cointelegraph/TradingView

There is support at $0.76, but if the level breaks down, the ADA/USDT pair could extend the correction to $0.73 and then to the 50-day SMA ($0.67). Such a fall suggests that the pair may remain inside the $0.50 to $0.86 range for a while.

The first sign of strength will be a break and close above the 20-day SMA. That suggests a lack of aggressive selling at lower levels. The bulls will then try to push the pair above the $0.86 resistance.

Related: $3 price at risk? Why XRP was one of the worst performers this week

Hyperliquid price prediction

Hyperliquid (HYPE) has been stuck between the support line of the ascending channel and the 20-day SMA ($45.13).

HYPE/USDT daily chart. Source: Cointelegraph/TradingView

The failure of the bulls to push the price above the 20-day SMA increases the risk of a break below the support line. If that happens, the HYPE/USDT pair could correct to $36 and subsequently to $32.

This negative view will be invalidated in the near term if the price turns up and rises above the 20-day SMA. The pair may then climb to the $48 to $49.87 overhead resistance zone.

Stellar price prediction

Stellar (XLM) plunged below the 20-day SMA ($0.44) on Monday, and the bears defended the level during a retest on Tuesday.

XLM/USDT daily chart. Source: Cointelegraph/TradingView

Sellers will try to strengthen their position by pulling the price below $0.40. If they manage to do that, the XLM/USDT pair could decline to the 50% Fibonacci retracement level of $0.37 and then to the 61.8% retracement level of $0.34. 

Buyers are likely to have other plans. They will try to make a comeback by pushing the price above $0.46. If they can pull it off, the pair could retest the overhead resistance of $0.52. The next leg of the rally to $0.64 could begin on a close above $0.52. 

Sui price prediction

Sui (SUI) rose above the $4.30 resistance on Sunday, but the breakout proved to be a bull trap as the price turned down sharply on Monday.

SUI/USDT daily chart. Source: Cointelegraph/TradingView

The bears are trying to sustain the price below the 20-day SMA ($3.85). If they do that, the SUI/USDT pair could drop to $3.51. Buyers are expected to fiercely defend the zone between $3.51 and the 50-day SMA ($3.27).

If the price turns up from $3.51 and breaks above the 20-day SMA, it suggests a possible range formation. The pair may swing between $3.51 and $4.30 for some time. A break and close above $4.30 could start a new uptrend toward $5.

This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

]]> https://earlybirdsinvest.com/price-predictions-7-30-btc-eth-xrp-bnb-sol-doge-ada-hype-xlm-sui/feed/ 0 50528 Price predictions 7/25: BTC, ETH, XRP, BNB, SOL, DOGE, ADA, HYPE, XLM, SUI https://earlybirdsinvest.com/price-predictions-7-25-btc-eth-xrp-bnb-sol-doge-ada-hype-xlm-sui/ https://earlybirdsinvest.com/price-predictions-7-25-btc-eth-xrp-bnb-sol-doge-ada-hype-xlm-sui/#respond Fri, 25 Jul 2025 18:32:50 +0000 https://earlybirdsinvest.com/price-predictions-7-25-btc-eth-xrp-bnb-sol-doge-ada-hype-xlm-sui/

Key points:

  • Bitcoin has pulled back into the $115,000 to $110,530 support zone, where buyers are expected to mount a strong defense.

  • ETH has been holding near the overhead resistance as investors pour money into the spot ETH ETFs.

Repeated failure to maintain Bitcoin (BTC) above the $120,000 level in the past few days may have tempted short-term traders to book profits. That pulled the price below the $115,000 level on Friday.

BTC’s consolidation seems to be shifting investor interest toward Ether (ETH), causing a capital rotation, according to a new research shared on X by crypto market insight firm Swissblock. 

According to Farside Investors’ data, spot ETH exchange-traded funds (ETFs) recorded net inflows of roughly $2.4 billion in the past six trading days, well above the $827 million in net inflows into spot BTC ETFs during the same period.

Crypto market data daily view. Source: Coin360

Galaxy Digital CEO Michael Novogratz said on CNBC that ETH could possibly “outperform Bitcoin in the next three to six months.” He added that ETH could go into price discovery if it takes out $4,000.

BitMEX co-founder Arthur Hayes was even more bullish as he anticipates ETH to hit $10,000 by the end of the year.

What are the critical support and resistance levels to watch out for in BTC and the major altcoins? Let’s analyze the charts of the top 10 cryptocurrencies to find out.

Bitcoin price prediction

BTC has slipped below the 20-day simple moving average ($116,305), indicating that the bears are trying to make a comeback.

BTC/USDT daily chart. Source: Cointelegraph/TradingView

However, the bulls are unlikely to give up easily. They will aggressively defend the zone between the 20-day SMA and the $110,530 support. If the price turns up sharply from the support zone, it suggests that the sentiment remains positive and traders are buying on dips. That increases the possibility of a break above $123,218. If that happens, the BTC/USDT pair could surge to $135,729.

This optimistic view will be negated in the near term if the price continues to fall and plummets below $110,530. That could accelerate selling, pulling the pair toward the vital support of $100,000.

Ether price prediction

ETH is facing significant resistance from the bears at the $3,745 level, but a positive sign is that the bulls have not ceded much ground to the bears.

ETH/USDT daily chart. Source: Cointelegraph/TradingView

A tight consolidation near a strong resistance increases the likelihood of a break above it. If that happens, the ETH/USDT pair could challenge the overhead resistance at $4,094. A break and close above the resistance could start the next leg of the uptrend toward $4,868.

The first support on the downside is at $3,500. A break and close below $3,500 opens the gates for a fall to the 20-day SMA ($3,234). Buyers are expected to fiercely defend the 20-day SMA because a break below it tilts the advantage in favor of the bears.

XRP price prediction

Buyers tried to push XRP (XRP) above the $3.66 resistance on Monday, but the bears held their ground. 

XRP/USDT daily chart. Source: Cointelegraph/TradingView

Failing to resume the uptrend may have tempted short-term buyers to book profits. That pulled the price to the 20-day SMA ($2.96), which is likely to act as a strong support. If the price rebounds off the 20-day SMA with strength, the bulls will make one more attempt to kick the XRP/USDT pair above $3.66. If they succeed, the pair could ascend to $4 and then to $4.50.

Contrary to this assumption, a break and close below the 20-day SMA could signal the start of a deeper correction to $2.60.

BNB price prediction

BNB (BNB) skyrocketed to a new all-time high of $809 on Wednesday, but the bulls could not sustain the higher levels.

BNB/USDT daily chart. Source: Cointelegraph/TradingView

The pullback is finding support in the $761 to $732 zone. A shallow pullback signals the bulls are not hurrying to book profits as they anticipate another leg higher. If the price turns up from the current level and breaks above $809, the BNB/USDT pair could surge to $900.

Sellers will have to pull and maintain the price below the 20-day SMA ($714) to prevent the upside. Such a move suggests that the break above the $794 level may have been a bull trap.

Solana price prediction

Solana (SOL) turned down from the $209 resistance on Wednesday and broke below the breakout level of $185 on Thursday.

SOL/USDT daily chart. Source: Cointelegraph/TradingView

There is strong support at the 20-day SMA ($171). If the price rebounds off the 20-day SMA, the bulls will again attempt to thrust the SOL/USDT pair above $209. If they can pull it off, the pair may jump to $240 and eventually to $260.

Alternatively, a break below the 20-day SMA suggests the bulls are losing their grip. The pair may drop to the 50-day SMA ($157). A deep correction could delay the start of the next leg of the up move.

Dogecoin price prediction

Dogecoin (DOGE) has been oscillating between $0.14 and $0.29 for several days, indicating buying on dips and selling near the overhead resistance.

DOGE/USDT daily chart. Source: Cointelegraph/TradingView

The price turned down from $0.29 on Monday but is likely to find support at the 20-day SMA ($0.21). If the price rebounds off the 20-day SMA, the bulls will try to drive the DOGE/USDT pair to $0.29. A break and close above $0.29 could start a new uptrend toward the target objective of $0.44.

Instead, if the price dips below the 20-day SMA, it suggests the pair may remain inside the large range for a few more days.

Cardano price prediction

Cardano (ADA) is finding support at the 20-day SMA ($0.74), but the bears are likely to sell on rallies.

ADA/USDT daily chart. Source: Cointelegraph/TradingView

If the price turns down and breaks below the 20-day SMA, it suggests a lack of demand at lower levels. That opens the doors for a fall to the 50-day SMA ($0.66).

On the contrary, if the price again rebounds off the 20-day SMA, it indicates that the bulls are aggressively defending the level. The bulls will try to push the price to $0.86 and then to $0.94. Sellers are expected to protect the $0.94 level, but if the bulls prevail, the ADA/USDT pair could resume the up move to $1.02 and then to $1.17.

Related: Eric Trump ‘agrees’ Ether should be over $8K as Global M2 money soars

Hyperliquid price prediction

Hyperliquid (HYPE) broke below the 20-day SMA ($44.29) on Wednesday and has reached the support line of the ascending channel pattern.

HYPE/USDT daily chart. Source: Cointelegraph/TradingView

The 50-day SMA ($40.69) is also placed near the channel’s support line, indicating that the bulls are likely to defend the level with vigor. If the price rebounds off the support line and rises above the 20-day SMA, it suggests the HYPE/USDT pair may remain inside the channel for some more time. The pair may climb to $48 and then to $49.87.

Conversely, a break and close below the support line signals the start of a deeper correction. The pair may slump to $36 and subsequently to $32.

Stellar price prediction

Stellar (XLM) pulled back from $0.52 on July 18 and has reached the 20-day SMA ($0.40), which is likely to attract buyers.

XLM/USDT daily chart. Source: Cointelegraph/TradingView

If the price rebounds off the 20-day SMA with strength, the bulls will try to propel the XLM/USDT pair toward the overhead resistance at $0.52. A break and close above $0.52 signals the start of the next leg of the up move toward $0.64.

On the other hand, a break and close below the 20-day SMA suggests the short-term bulls are booking profits. The pair could then slump to the 61.8% Fibonacci retracement level of $0.34.

Sui price prediction

Sui (SUI) turned down from the $4.30 resistance on July 18, indicating that the bears are active at higher levels. 

SUI/USDT daily chart. Source: Cointelegraph/TradingView

The $3.55 level is the crucial support to watch out for in the near term. If the price turns up from the current level and breaks above $3.87, it suggests the SUI/USDT pair may form a range between $3.55 and $4.30. Buyers will be back in the driver’s seat on a close above $4.30.

Contrarily, if the price continues lower and breaks below $3.55, it suggests that the bulls have given up. The pair may then decline to the 50-day SMA ($3.20), which could attract buyers.

This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

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