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news-imageMarch 6, 2025

Crypto News Today, 6th March : Pi Network News, Crypto Summit, Cardano Price Surge, Stock Market

March 6, 2025 05:27:45 UTC Why Cardano Price is Up Today? Following former President Trump's announcement of a U.S. Strategic Crypto Reserve, major investors have swiftly accumulated over 420 million ADA tokens. This surge in whale activity has coincided with a sharp price increase in Cardano, defying broader market bearish trends.
Publisher: CoinPedia
Sentiment: Positive
ADA

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Negative
cover-imageThe Currency Analytics
March 6, 2025

Cardano's Volatility: Holding $1 Proves Difficult for ADA

Cardano (ADA) has shown notable volatility in recent weeks, raising questions about its ability to hold its price above the $1 mark. After surging to $1.13 amid heightened whale activity and a historic 72.15% rally in a single day, Cardano struggled to maintain those gains, currently trading around $0.94.

Positive
cover-imageThe Currency Analytics
March 5, 2025

Cardano (ADA) Price Eyes $1.5 as Bullish Momentum Builds

Cardano (ADA) has been testing a pivotal price range, fueling optimism that it could soon reclaim the $1.5 mark. Despite the broader cryptocurrency market facing bearish pressure, ADA has demonstrated resilience, showing signs of strength as whales heavily accumulate the token.

Neutral
cover-imageBenzinga
March 5, 2025

Trump's XRP, Cardano Inclusion In Crypto Reserve Proposal Could Be Result Of 'Businessman' Instincts, MEXC's Tracy Jin Says

Tracy Jin, Chief Operating Officer of cryptocurrency exchange MEXC, on Wednesday attributed President Donald Trump's decision to include Cardano (CRYPTO: ADA) and Ripple‘s (CRYPTO: XRP) in the U.S. strategic crypto reserve to his businessman instincts, despite market skepticism and a subsequent Bitcoin (CRYPTO: BTC) price retreat. What Happened: Unveiled on Sunday, the reserve—set to include Bitcoin, Ethereum (CRYPTO: ETH), Solana (CRYPTO: SOL), XRP, and Cardano—triggered a swift market reaction, with Bitcoin climbing from $85,000 to $95,000 before relinquishing all gains by Monday.

Negative
cover-imageThe Currency Analytics
March 5, 2025

Cardano's Path to Becoming a U.S. Reserve Asset: Challenges and Expert Insights

The conversation surrounding Cardano (ADA) as a potential U.S. reserve asset has been gaining traction, but experts remain divided on its viability. The idea, which initially started as part of a broader discussion on alternative cryptocurrencies, has sparked skepticism as analysts question whether ADA has the necessary characteristics to be classified alongside established assets like Bitcoin (BTC) or Ethereum (ETH).

Positive
cover-imageCoingape
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Cardano Price Eyes Breakout To $12 As Whales Bag 420M ADA

Cardano price has caught the eyes of investors today with its recent jump of nearly 20% nearing the $1 mark. Notably, the surge comes amid massive buying pressure by the ADA whales, especially after Donald Trump revealed plans to add altcoins like XRP, ADA, and SOL, to the US Reserve Asset list.

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