Cardano price has deviated significantly from its correlation with Bitcoin price and is fast approaching a key support. Here's what it means.

Bitcoin (BTC) slumped below $100,000 after Federal Reserve Chairman Jerome Powell said the central bank is not allowed to own Bitcoin and is not looking for a law change.

Cardano (ADA) is consolidating below $1.00 after a recent decline, with key technical levels at $1.020 and $0.9450 determining its next directional move while showing early signs of selling pressure exhaustion.

ETFs are gaining traction in the financial world. These assets could soon take center stage in the race for crypto fund innovation.

Despite the controversy faced by the platform, Pump.fun earned $106 million in DApp revenue in November.

Despite the controversy faced by the platform, Pump.fun earned $106 million in DApp revenue in November.

Binance's Solana liquid staking token, BNSOL, has achieved a significant milestone, surpassing $1 billion in Total Value Locked (TVL) just three months after its launch.

Speculating on coin prices is great fun, with everyone from Michael Saylor to the cab driver playing the game of predicting where crypto prices can go, usually the sky's the limit but there are real-world constraints. Deflationary tokens like Cardano have different rules governing them than unlimited supply tokens such as Ethereum.

After the US Federal Reserve announced a 25 bps rate cut on Wednesday, the Bitcoin price came crashing under the $100K level to trigger the broader crypto market crash. The selling pressure was a reaction to the Fed's future monetary policy guidance for 2025 and coming years.

Cardano price started a downside correction below the $1.050 zone. ADA is consolidating and facing hurdles near the $1.020 and $1.040 levels.

Bitwise Asset Management has launched a Solana staking exchange-traded product (ETP) called BSOL in Europe.

Ethereums rapid evolution could push it ahead of Solana by 2025, according to Bitwise CIO Matt Hougan. With the blockchain landscape shifting, Ethereums advancements and AI project integration are setting it up as a top contender in the crypto space.

Cardano (ADA) has been through a rollercoaster of volatility, with the price experiencing significant ups and downs over recent weeks. After hitting a local top of $1.32, ADA retraced over 30%, dropping to $0.91 before returning to a critical support level.

Binance's BNSOL leads the Solana liquid staking ecosystem with its total value locked exceeding $1 billion. BNSOL Hits $1 Billion Mark Binance has announced a major milestone for BNSOL, its Solana liquid staking token.

Bitwise CIO Matt Hougan has commented on Ethereum's evolving position in the blockchain ecosystem, predicting that the platform could outperform Solana in 2025. According to Hougan, Ethereum's reputation as slow and expensive is becoming outdated as advancements in its ecosystem address these challenges.

Fartcoin hits a $1 billion market cap amid crypto market declines, driven by Truth Terminal's viral meme chatrooms influence. The post Solana meme coin Fartcoin hits $1 billion market cap appeared first on Crypto Briefing.

Bitwise Asset Management has introduced the Bitwise Solana Staking ETP (BSOL) on Deutsche Börse Xetra, providing institutional and retail investors with streamlined access to Solana's (SOL) staking rewards. The new product is designed to deliver superior returns and transparency, strengthening Bitwise's position in Europe's crypto investment market.

The conflict between Cardano founder and IOG boss Charles Hoskinson and the Cardano Foundation continues to escalate publicly. The conflict first came public last week when a whistleblower accused the Cardano Foundation of mismanagement led by self-interest.

Solana-based DEX Jupiter introduces JupiterZ, featuring innovative gasless swaps and zero-slippage trading through an RFQ system, while simultaneously launching a dApp Browser for its mobile Android users.

Analysts from Bloomberg have a positive outlook that a score of cryptocurrency-based exchange-traded funds or ETF would get approval from the US Securities and Exchange Commission (SEC) in 2025.

Input Output (IO), the research and development company behind Cardano, has introduced a Strategic Research Agenda to guide Cardano's evolution toward 2030. The plan defines nine areas of focus to increase the plan's scalability, governance, interoperability, and security.

Solana (SOL) finds itself at a critical juncture as it tests demand at a price level that previously acted as key resistance. Since late November, SOL's price has been in a retrace, dampening the hype surrounding the cryptocurrency.

Cardano (ADA) reached a high of $1.32 before being rejected. The cryptocurrency was projected to reach its peak price of $3.00.

Cardano (ADA) and Avalanche (AVAX), two popular altcoins, are experiencing notable corrections this week, with prices continuing to trend downward on Wednesday. Cardano has corrected by nearly 7%, while Avalanche is down over 8% since the beginning of the week.

Decentralized application revenue on Solana reached a new record high, mainly generated from meme coin-related transactions and tools.

Bloomberg analysts outline ETF approval timelines for Solana, Litecoin, and Hedera. Technical analysis highlights correction risks for SOL and HBAR, while LTC eyes a bullish breakout.

Whales on the Cardano ecosystem took advantage of the recent cryptocurrency market dip to keep accumulating, after realizing some of their gains when the price surpassed the $1.15 mark earlier this month. According to data shared by popular cryptocurrency analyst Ali Martinez, when Cardano traded between $1.15 and $1.

Charles Hoskinson, the founder of Cardano, has urged the Cardano Foundation to move its operations to a jurisdiction that allows users to vote for board members. He recommended a move to either Abu Dhabi or Wyoming.

Crypto asset manager Bitwise has launched a Solana staking ETP in Germany while American investors await the U.S. equivalent.

The Cardano price has recently rejected around the $1.1 price level. Notably, the past three months have been highlighted by a remarkable Cardano surge that saw it break above $1 for the first time since early 2022 and peak at $1.3 on December 3, 2024.

XRP is soaring while Cardano (ADA) struggles to regain momentum, stuck at the $1 mark. Will Cardano ever reclaim its former highs, or is it destined to lag behind?

Solana (SOL) price reached a new all-time high on November 22 and has surged 208% in 2024, showcasing impressive growth throughout the year. However, SOL has struggled recently, declining nearly 10% over the past 30 days as bearish indicators begin to weigh on the market.

Bitcoin's pullback after hitting a new all-time high above $108,000 has started a correction in select altcoins, signaling profit booking by the bulls.

Crypto assets have picked up bullish momentum in the last 48 hours as macro sentiments flip green. Following Bitcoin's surge to a new all-time high, altcoins have traded upwards in the same time frame.

Bitwise has launched a new ETP (Exchange-Traded Product) dedicated to Solana, identified with the ticker BSOL, which offers an innovative opportunity for investors interested in the cryptocurrency sector. This product combines the ease of access to digital assets with a significant added value: the rewards generated from staking Solana (SOL).

Will Solana and XRP face further delays despite growing interest in crypto ETFs?

Cardano, known for its scientific approach and peer-reviewed research, is setting a bold course for the future.

The Pudgy Penguins project has initiated a significant airdrop of its new token, PENGU, on the Solana blockchain, valued at $1.5 billion.

BNSOL's success is closely tied to the growth of Solana's ecosystem, which has seen its liquid staking ratio more than double in 2024.

Solana holds onto crucial levels of support as the crypto market recovers gradually from the sharp correction earlier in the day. It changes hands at $216.53, with Solana declining intraday at 2.33% so far.

Cardano (ADA) has caught the attention of major investors, commonly known as whales, as they buy up significant amounts of the cryptocurrency. This increased activity has raised hopes of a potential price surge, but challenges in the market mean ADA's rally remains far from certain.

Charles Hoskinson has urged the Cardano Foundation to consider moving its operations from Switzerland to more crypto-friendly jurisdictions like Abu Dhabi or Wyoming.

PENGU's debut sparked a surge on the Solana blockchain, resulting in more transactions than the combined activity of other leading blockchains.

Bitcoin (BTC) reached an all-time high for the second consecutive day, going past $108,000 and reaching a peak of $108,286. However, the cryptocurrency declined dramatically after reaching this level and is currently trading below $104,000, down almost 3% over the past 24 hours.

Bloomberg analysts, including Eric Balchunas and James Seyffart, have speculated that Litecoin and Hedera are likely to see their ETFs approved before Solana and XRP.

Amid the altcoin recovery run, Solana witnesses a boost in network and price trends. As bulls prepare for a breakout run to $250, the on-chain growth supports the bullish trend chances.

Solana's rise challenges Cardano's market position, but can Cardano reclaim its relevance in 2024?