NYSE Arca has filed on behalf of Grayscale to launch the firm's first-ever standalone Cardano ETF product.

The potential listing of a Cardano ETF could enhance mainstream crypto adoption, yet regulatory challenges may impede its immediate success. The post Nyse files to list and trade Grayscale Cardano ETF under ticker GADA appeared first on Crypto Briefing.

A subsidiary of the New York Stock Exchange, on behalf of Grayscale, filed to create a spot Cardano exchange-traded fund.

On Monday, asset manager and crypto ETF issuer, Grayscale, officially filed a 19b-4 proposal with the US Securities and Exchange Commission (SEC) to launch a spot Cardano ETF.

You can click on this news section to read its content. It seems somehow there is no meta tag description available for this news article.

Cardano price is currently testing a crucial support zone between $0.67 and $0.81, a level that has previously played a vital role in determining price movements. This range has historically acted as both support and resistance, making it an important area for traders to monitor.

The prospect of the Elon Musk-led Department of Government Efficiency (D.O.G.E.) adopting Cardano as its preferred blockchain is fueling discourse in the community.

Cardano (ADA) price remains in a consolidation phase after dropping more than 25% over the last 30 days as it struggles to reclaim the $25 billion market cap threshold. Despite signs of stabilization, indicators still reflect lingering bearish pressure.

Cardano (ADA) has recently shown promising signs of a potential rebound, raising interest from traders and investors alike. With key technical indicators flashing bullish signals, the cryptocurrency could be on the verge of a significant breakout.

ADA, the native token of the Cardano blockchain, seems to be weakening day by day and appears to be losing control over the crucial support level. Today, February 11, 2025, a prominent crypto expert posted on X (formerly Twitter) and shared key levels of $0.67 and $0.

Cardano (ADA) has been able to clamber back to the north of $0.70 at the start of the week, and following last week's sharp decline, could be setting up for a nice rebound this week.

Cardano price, a popular layer-1 network, remains in a bear market as the prolonged retracement that started in December continued. While ADA investors are deep in the red, one popular analyst believes that the coin is ripe for a strong bullish breakout, citing its historical performance.

ADA shows signs of a potential rebound, with a TD Sequential buy signal, a symmetrical triangle pattern, and balanced market dynamics hinting at an upcoming price breakout.

Cardano founder Charles Hoskinson spreads the word that towards the end of February he intends to meet “a very special person.” The video excerpt of that stream was shared by the Cardano-related X account @Cardanians_io.

Bitcoin (BTC) remained sluggish over the weekend, hovering between $96,000 and $97,000. However, it dipped below $95,000 early on Monday, falling to a low of $94,855 before rebounding and moving to its current level of $97,450.

Cardano price gains have now dried up as the February decline has pushed ADA into the red zone. Fearing that the Cardano price will recover by April, ADA holders are joining Propichain, a real estate investing system that uses artificial intelligence to streamline investment opportunities for its users.

Ripple (XRP) is currently priced at $2.43, and Cardano (ADA) sits at $0.70, where both are struggling to break past high performances

Cardano has been on a steady decline, falling 27% since the start of the month. The altcoin is now trading at a multi-month low, with bearish pressure continuing to weigh on its price action.

The prices of the majority of coins are bouncing off on the last day of the week, according to CoinStats.

Cardano remained under pressure and dropped below key support levels as the crypto sell-off continued. Cardano (ADA) token dropped to a low of $0.70 on Sunday, down by over 47% from its highest level in December last year.

Cardano is set to receive a significant boost through an innovative partnership with Walmart, which will introduce a crypto cashback program featuring Cardano's native token, ADA.

Cardano (ADA) has shown notable resilience in recent days, maintaining a stable position above crucial support levels, which raises questions about its potential to push higher in the coming weeks. As ADA continues to hold firm above the $0.81–$0.67 support zone, traders and analysts are watching closely to see whether this stability signals the start of a potential breakout.

Ethereum (ETH) is currently stuck in a narrow range after failing to surpass the $4k resistance. Its poor price movement has left investors looking for the next big thing. IntelMarkets (INTL) is the latest DeFi project making waves in the crypto market.

Cardano price remains under pressure, struggling to hold the $1 support level as market corrections persist. Analysts speculate on ADA's potential to reach $15 this cycle, though bullish momentum remains weak.

Cardano (ADA) has faced a sharp correction in the past week, with its price plummeting by 23%, marking a significant downturn in the broader cryptocurrency market. As of the latest data, ADA is trading at $0.7312, a 4% drop from the previous day, amid increased selling pressure.

The price of Cardano (ADA) has pulled back to the previous range after ending its decline above the $0.50 support.

Cardano (ADA) has dropped sharply from its recent highs, leaving investors wondering—will it bounce back or keep falling?

Charles Hoskinson, founder of the Cardano blockchain, delivered an extensive live stream update outlining a major push toward decentralized governance. Hoskinson discussed the status of Cardano's ongoing constitutional ratification, introduced details of a forthcoming roadmap, and explained a proposed budget overhaul—all aimed at ensuring that Cardano evolves without a centralized executive branch.

Cardano has shown resilience above key support levels, indicating possible upward movement. Explore the latest trends, technical analysis, and social sentiment influencing ADA's performance.

Cardano (ADA) has been navigating a volatile market alongside Solana (SOL). As both cryptocurrencies face significant price fluctuations, traders are increasingly turning their attention to an emerging altcoin, priced below $1. The new altcoin, which leverages the power of artificial intelligence (AI), is poised for a remarkable 55,000% surge by March.

The cryptocurrency market has seen increased volatility, with existing giants like ETH and ADA hitting monthly lows that have got investors wondering if they are still reliable investments.

Virtune, a Swedish crypto asset manager, has launched new exchange-traded products (ETPs) in Finland, giving investors easy access to Avalanche (AVAX) and Cardano (ADA). Virtune CEO Christopher Kock described the new products as timely, pointing at the growing demand.

The cryptocurrency market has been plunged into a decline this week, with global crypto market capitalization dropping by 11% in the past seven days.

Cardano (ADA) price remains in bearish this week as many crypto investors have embraced a cautious tone. Bitcoin (BTC) crashed below the support at $100k and the falling fear and greed index has not helped.

Bulls have failed to seize the initiative today, according to CoinMarketCap.

An analyst called Altstreet Bets forecasts the price of Solana (SOL) could drop to $100 in the coming weeks. The analyst had predicted SOL's downfall in 2021. On the other hand, Cardano (ADA) and IntelMarkets (INTL) could be set for a massive uptrend in the coming months.

Cardano price has experienced a 23% decline in the past week moving into the oversold territory hinting the possibility of a bounce back to $1.0.

Strong job growth can lead to fears of inflation and increased interest rates, while weak data might signal an economic slowdown.

Cardano's price action signals a potential breakout, with open interest soaring and key resistance levels approaching.

Cardano's price has failed to sustain any meaningful recovery, invalidating the previously anticipated bullish pattern. Despite oversold conditions suggesting a potential reversal, ADA remains under pressure.

This week, we examine Ethereum, Ripple, Cardano, Binance Coin, and Solana in greater detail. Ethereum (ETH) The Monday crash took crypto by surprise during a historic liquidation event.

Bitcoin's price has dropped almost 9% over the last week, leading to a broader downturn across the crypto market.

Cardano (ADA) has experienced significant volatility in recent weeks, marked by a notable price correction at the start of February. The token faced immense pressure as it dipped toward key support levels around $0.7.

Virtune AB expanded its crypto offerings to the European market with the new launch of the Virtune Staked Cardano ETP and the Avalanche ETP.

Cardano (ADA) may be on the verge of a significant price breakout against Bitcoin (BTC), according to technical indicators. After a remarkable 200% surge against BTC late last year, ADA peaked at 0.000014 BTC before entering a sharp decline, losing 45% of its value and at one point dropping 60% against the leading cryptocurrency.

Bitcoin is making what may be its fifth attempt to breach this psychological barrier as it approaches the much-anticipated $100,000 resistance level once more. The top cryptocurrency is now trading at about $98,166, demonstrating its strong resilience in the face of recent market turbulence.

Cardano (ADA) price has dropped over 25% in the last seven days, bringing its market cap down to $26 billion. Trading volume has also fallen 35% in the past 24 hours, now sitting at $766 million, signaling decreased market activity.

The Cardano (ADA) price bubble could be in the process of popping, with the ADA bears in control of the market on Thursday and the crypto currently down 11% on the week and down nearly 50% from recent highs. The post Cardano Price Analysis: Is February Going to be “Crazy Month” of ADA Gains? appeared first on Cryptonews.