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Thanks for sharing the $ADA /USDT trading snapshot. Here's a quick summary of the key technicals and price data:
Price:
Current: $0.6872 (down 0.65%)
24h High/Low: $0.7037 / $0.6647
Indicators:
SAR: 0.6672 (supports upward trend if price > SAR)
RSI (6): 61.07 (slightly bullish, not overbought)
MACD, MA, EMA, BOLL: not fully shown but likely relevant for short-term trend confirmation.
Volume:
24h Volume: $ADA : 94.77M, USDT: 64.79M
Performance:
7 Days: -2.43%
30 Days: +3.98%
90 Days: -29.10%
180 Days: +93.39%
1 Year: +57.78%
Depth & Order Book Highlights:
Resistance seen near $0.7090 – $0.7208
Support likely around $0.6647 – $0.6620
Conclusion: $ADA is trading in a tight range with short-term bullish momentum (RSI > 60, price > SAR). Watch out for a breakout above $0.7040 or drop below $0.6640 for direction.
#AltcoinETFsPostponed #ADA #ADA/BNB #AdamBack #ADAAnalysis
Price:
Current: $0.6872 (down 0.65%)
24h High/Low: $0.7037 / $0.6647
Indicators:
SAR: 0.6672 (supports upward trend if price > SAR)
RSI (6): 61.07 (slightly bullish, not overbought)
MACD, MA, EMA, BOLL: not fully shown but likely relevant for short-term trend confirmation.
Volume:
24h Volume: $ADA : 94.77M, USDT: 64.79M
Performance:
7 Days: -2.43%
30 Days: +3.98%
90 Days: -29.10%
180 Days: +93.39%
1 Year: +57.78%
Depth & Order Book Highlights:
Resistance seen near $0.7090 – $0.7208
Support likely around $0.6647 – $0.6620
Conclusion: $ADA is trading in a tight range with short-term bullish momentum (RSI > 60, price > SAR). Watch out for a breakout above $0.7040 or drop below $0.6640 for direction.
#AltcoinETFsPostponed #ADA #ADA/BNB #AdamBack #ADAAnalysis
Based on the data you provided, here’s a quick technical summary of $ADA /USDT:
Price:
Current Price: $0.7145
Change: -1.31% (24h)
24h Trading Range:
High: $0.7250
Low: $0.6845
Volume (24h):
$ADA : 138.17M
USDT: 97.08M
Technical Indicators:
SAR (Stop and Reverse): 0.6913 (bullish, as current price > SAR)
RSI (6): 65.17 (neutral to slightly bullish; no overbought signals yet)
Recent Performance:
Today: +2.25%
7 Days: +15.46%
30 Days: +6.86%
90 Days: -23.33%
180 Days: +100.73%
1 Year: +51.53%
$ADA
General Outlook:
The price is approaching short-term resistance near $0.725–0.73. With RSI at 65 and price above SAR, momentum is still slightly bullish, but nearing overbought territory. If it breaks above $0.73 convincingly, the next resistance could be around $0.75. If it fails, support is likely near $0.69–$0.684.
#ADA #ADABullish #ADA! #ADA/BNB #AdamBack
Price:
Current Price: $0.7145
Change: -1.31% (24h)
24h Trading Range:
High: $0.7250
Low: $0.6845
Volume (24h):
$ADA : 138.17M
USDT: 97.08M
Technical Indicators:
SAR (Stop and Reverse): 0.6913 (bullish, as current price > SAR)
RSI (6): 65.17 (neutral to slightly bullish; no overbought signals yet)
Recent Performance:
Today: +2.25%
7 Days: +15.46%
30 Days: +6.86%
90 Days: -23.33%
180 Days: +100.73%
1 Year: +51.53%
$ADA
General Outlook:
The price is approaching short-term resistance near $0.725–0.73. With RSI at 65 and price above SAR, momentum is still slightly bullish, but nearing overbought territory. If it breaks above $0.73 convincingly, the next resistance could be around $0.75. If it fails, support is likely near $0.69–$0.684.
#ADA #ADABullish #ADA! #ADA/BNB #AdamBack
Thanks for sharing the $ADA /USDT data snapshot. Here’s a quick breakdown of the key points:
Current Price: $0.6823
24h Change: -1.64% (slightly bearish)
24h High/Low: $0.7183 / $0.6796
Volume ($ADA ): 143.06M
Volume (USDT): 100.05M
RSI(6): 26.47 – this indicates oversold conditions (usually a bullish sign suggesting a possible rebound).
$ADA
Technical Notes:
RSI below 30 suggests it might be a good entry point if you're looking to buy.
Price near 24h low can hint at short-term dip buying opportunities.
Volume is quite strong, showing active trading.
#ADA #ADABullish #ADA! #AdamBack #ADABullish
Current Price: $0.6823
24h Change: -1.64% (slightly bearish)
24h High/Low: $0.7183 / $0.6796
Volume ($ADA ): 143.06M
Volume (USDT): 100.05M
RSI(6): 26.47 – this indicates oversold conditions (usually a bullish sign suggesting a possible rebound).
$ADA
Technical Notes:
RSI below 30 suggests it might be a good entry point if you're looking to buy.
Price near 24h low can hint at short-term dip buying opportunities.
Volume is quite strong, showing active trading.
#ADA #ADABullish #ADA! #AdamBack #ADABullish
Adam Back Blames Ethereum’s EVM as the Main Cause of Bybit’s $1.4 Billion Hack
Blockstream CEO claims Ethereum Virtual Machine’s complexity enabled hackers to drain funds
Prominent crypto figure Adam Back, known as a cypherpunk and CEO of Blockstream, took to X to share his thoughts on the recent Bybit hack, where the exchange lost $1.4 billion in ETH.
Back pointed to Ethereum Virtual Machine (EVM) as the key factor that allowed hackers to successfully exploit the system and drain Bybit’s funds.
❌ Back Criticizes EVM Complexity as Ethereum’s Weakness
According to Adam Back, the primary issue lies in the complexity of Ethereum transactions, making the network vulnerable to attacks.
📌 How did hackers exploit this weakness?
🔹 EVM is overly complex, making it difficult for hardware wallets to interpret transactions.
🔹 Blind signing of Ethereum transactions introduces security risks.
🔹 Bybit attempted to transfer $100 million in ETH from its cold wallet to a hot wallet, but hackers manipulated the process, ultimately draining $1.4 billion in total.
Back described EVM as fragile, unsecure, and overly complicated, claiming that these weaknesses increase the risk of exploits.
🔍 How Did the Bybit Hack Happen?
Bybit suffered one of the largest crypto exploits in history.
🔸 The hack was likely carried out by North Korea’s Lazarus Group, a state-backed hacking organization.
🔸 Hackers exploited vulnerabilities in Ethereum smart contracts while Bybit was transferring funds internally.
🔸 Bybit claims that the liquidity gap in ETH has now been fully closed.
🤔 Could Ethereum Perform a Rollback? A Throwback to the DAO Hack in 2016
After the attack, several Bitcoin maximalists, including Samson Mow (CEO of JAN3), sarcastically asked Vitalik Buterin if Ethereum would roll back the blockchain to recover the lost funds.
This references the infamous 2016 DAO hack, where after a $60 million ETH exploit, the Ethereum community decided to hard fork, leading to the creation of Ethereum Classic (ETC).
🚨 However, Ethereum has no plans for a rollback this time – the Ethereum team stated that the hacker’s transactions were as valid as any other transaction on the network.
📢 What’s Next? Is Bitcoin’s Dominance Rising?
Back emphasized that Bitcoin is growing in dominance, while Ethereum faces criticism over its EVM security flaws.
⚠️ Could this hack be a wake-up call for the development of safer blockchain technologies?
⚠️ Will Bitcoin and simpler blockchain structures become the future?
#BybitHack , #CryptoNewss , #AdamBack , #CryptoSecurity , #blockchain
Stay one step ahead – follow our profile and stay informed about everything important in the world of cryptocurrencies!
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“
Prominent crypto figure Adam Back, known as a cypherpunk and CEO of Blockstream, took to X to share his thoughts on the recent Bybit hack, where the exchange lost $1.4 billion in ETH.
Back pointed to Ethereum Virtual Machine (EVM) as the key factor that allowed hackers to successfully exploit the system and drain Bybit’s funds.
❌ Back Criticizes EVM Complexity as Ethereum’s Weakness
According to Adam Back, the primary issue lies in the complexity of Ethereum transactions, making the network vulnerable to attacks.
📌 How did hackers exploit this weakness?
🔹 EVM is overly complex, making it difficult for hardware wallets to interpret transactions.
🔹 Blind signing of Ethereum transactions introduces security risks.
🔹 Bybit attempted to transfer $100 million in ETH from its cold wallet to a hot wallet, but hackers manipulated the process, ultimately draining $1.4 billion in total.
Back described EVM as fragile, unsecure, and overly complicated, claiming that these weaknesses increase the risk of exploits.
🔍 How Did the Bybit Hack Happen?
Bybit suffered one of the largest crypto exploits in history.
🔸 The hack was likely carried out by North Korea’s Lazarus Group, a state-backed hacking organization.
🔸 Hackers exploited vulnerabilities in Ethereum smart contracts while Bybit was transferring funds internally.
🔸 Bybit claims that the liquidity gap in ETH has now been fully closed.
🤔 Could Ethereum Perform a Rollback? A Throwback to the DAO Hack in 2016
After the attack, several Bitcoin maximalists, including Samson Mow (CEO of JAN3), sarcastically asked Vitalik Buterin if Ethereum would roll back the blockchain to recover the lost funds.
This references the infamous 2016 DAO hack, where after a $60 million ETH exploit, the Ethereum community decided to hard fork, leading to the creation of Ethereum Classic (ETC).
🚨 However, Ethereum has no plans for a rollback this time – the Ethereum team stated that the hacker’s transactions were as valid as any other transaction on the network.
📢 What’s Next? Is Bitcoin’s Dominance Rising?
Back emphasized that Bitcoin is growing in dominance, while Ethereum faces criticism over its EVM security flaws.
⚠️ Could this hack be a wake-up call for the development of safer blockchain technologies?
⚠️ Will Bitcoin and simpler blockchain structures become the future?
#BybitHack , #CryptoNewss , #AdamBack , #CryptoSecurity , #blockchain
Stay one step ahead – follow our profile and stay informed about everything important in the world of cryptocurrencies!
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“
#ADA 🔥 Cardano (ADA) Bulls Aim for $1.35 Recovery Amidst Market Crosscurrents🎁
Despite recent market volatility, some analysts are making a bullish case for Cardano (ADA), with price targets suggesting a potential recovery towards **$1.35**. This optimistic outlook is based on Cardano retesting a key support level and positive signals in its funding rate and bullish bets.#ADABullish
However, this bullish sentiment is contrasted by other analyses indicating potential downward pressure. The formation of a "death cross" on ADA's chart raises concerns about a possible decline towards the **$0.50** mark if crucial support around $0.70 is breached.#AdamBack
Adding another layer to the narrative, recent data highlights significant accumulation of ADA by large investors, or "whales." Over $200 million worth of ADA was moved in a single day from whale wallets, signaling strong confidence among these major holders in Cardano's future prospects. This accumulation trend often precedes bullish cycles.#ADAAnalysis
In ecosystem news, Cardano continues to see development and adoption. Notably, Filecoin has announced partnerships with both Solana and Cardano for blockchain integrations, potentially expanding the utility and interoperability of the Cardano network.#ADA/BNB
Overall, the current outlook for Cardano is a mix of potential bullish recovery based on technical retests and whale accumulation, alongside warnings of further downside risk indicated by other technical patterns. The market awaits further price action to confirm the dominant trend.$ADA
Despite recent market volatility, some analysts are making a bullish case for Cardano (ADA), with price targets suggesting a potential recovery towards **$1.35**. This optimistic outlook is based on Cardano retesting a key support level and positive signals in its funding rate and bullish bets.#ADABullish
However, this bullish sentiment is contrasted by other analyses indicating potential downward pressure. The formation of a "death cross" on ADA's chart raises concerns about a possible decline towards the **$0.50** mark if crucial support around $0.70 is breached.#AdamBack
Adding another layer to the narrative, recent data highlights significant accumulation of ADA by large investors, or "whales." Over $200 million worth of ADA was moved in a single day from whale wallets, signaling strong confidence among these major holders in Cardano's future prospects. This accumulation trend often precedes bullish cycles.#ADAAnalysis
In ecosystem news, Cardano continues to see development and adoption. Notably, Filecoin has announced partnerships with both Solana and Cardano for blockchain integrations, potentially expanding the utility and interoperability of the Cardano network.#ADA/BNB
Overall, the current outlook for Cardano is a mix of potential bullish recovery based on technical retests and whale accumulation, alongside warnings of further downside risk indicated by other technical patterns. The market awaits further price action to confirm the dominant trend.$ADA
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🔥🔥🔥NEW: Michael Saylor's strategy outperformed Nvidia, Tesla, Google, Apple, and Microsoft due to #Bitcoin 🚀
✅LATEST NEWS: THE LEGEND OF THE CYPHERPUNK, ADAM BACK, SAYS THAT INSTITUTIONAL #BITCOIN PURCHASES WILL SOON CAUSE A "SUPPLY RECKONING"
#MichaelSaylor #MicroStrategy #BTC #AdamBack #Market_Update $BTC
✅LATEST NEWS: THE LEGEND OF THE CYPHERPUNK, ADAM BACK, SAYS THAT INSTITUTIONAL #BITCOIN PURCHASES WILL SOON CAUSE A "SUPPLY RECKONING"
#MichaelSaylor #MicroStrategy #BTC #AdamBack #Market_Update $BTC
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🇧🇷 If #AdamBack , who was mentioned by Satoshi Nakamoto, said it, it's said! 😅
WuBlockchain
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Adam Back, founder of Blockstream, said that the threat of quantum computing will take at least several decades to become a reality. Bitcoin reserves support for future post-quantum (PQ) signature mechanisms through Taproot leaf nodes, which can effectively alleviate the fear of quantum computing without activating anti-quantum signature opcodes at present. Anti-quantum signature technology will also launch a more compact and mature solution in the future.
#ADA 🔥 Cardano's Decentralization Push and Public Sector Integration in Brazil😳 Highlight Long-Term Potential💯$ADA
Beyond immediate price fluctuations, recent developments underscore Cardano's ongoing commitment to its foundational principles and real-world adoption. The network is reportedly nearing a significant milestone with its planned transition to **full decentralized governance**, following the#ADABullish
recent Plomin hard fork in late January 2025. This move aims to empower the Cardano community further in decision-making processes, enhancing the network's resilience and long-term sustainability.#AdamBack
Furthermore, the Cardano Foundation has forged a strategic partnership with **SERPRO**, the data processing service of the Brazilian Federal Government. This collaboration focuses on integrating blockchain technology into Brazil's public sector operations, initially targeting education and governmental processes. This real-world application demonstrates the tangible utility of the Cardano blockchain and its potential to address practical challenges at a national level.#ADAAnalysis
These developments, focusing on enhanced decentralization and significant public sector integration, contribute to the long-term investment thesis for Cardano. While short-term price action may be subject to market volatility and technical indicators, these fundamental advancements highlight the continued growth and relevance of the Cardano ecosystem. #Adam
The focus on building a robust and practically applicable blockchain platform positions Cardano for potential future success, independent of immediate market speculation. This commitment to core principles and real-world utility differentiates Cardano and resonates with investors focused on long-term value creation within the blockchain space.$ADA
Beyond immediate price fluctuations, recent developments underscore Cardano's ongoing commitment to its foundational principles and real-world adoption. The network is reportedly nearing a significant milestone with its planned transition to **full decentralized governance**, following the#ADABullish
recent Plomin hard fork in late January 2025. This move aims to empower the Cardano community further in decision-making processes, enhancing the network's resilience and long-term sustainability.#AdamBack
Furthermore, the Cardano Foundation has forged a strategic partnership with **SERPRO**, the data processing service of the Brazilian Federal Government. This collaboration focuses on integrating blockchain technology into Brazil's public sector operations, initially targeting education and governmental processes. This real-world application demonstrates the tangible utility of the Cardano blockchain and its potential to address practical challenges at a national level.#ADAAnalysis
These developments, focusing on enhanced decentralization and significant public sector integration, contribute to the long-term investment thesis for Cardano. While short-term price action may be subject to market volatility and technical indicators, these fundamental advancements highlight the continued growth and relevance of the Cardano ecosystem. #Adam
The focus on building a robust and practically applicable blockchain platform positions Cardano for potential future success, independent of immediate market speculation. This commitment to core principles and real-world utility differentiates Cardano and resonates with investors focused on long-term value creation within the blockchain space.$ADA
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The blockchain group acquires 580 bitcoins in its largest purchase
The blockchain group, a leading Bitcoin treasury company in Europe supported by "Adam Back," announced its acquisition of 580 bitcoins worth $50 million, marking its largest purchase since it began its Bitcoin accumulation strategy in November 2024.
With this acquisition, its holdings reach 620 bitcoins valued at $54 million, funded by the issuance of convertible bonds.
The company launched three new indices to track its performance, which are:
Bitcoin Yield, Bitcoin Gains, and Euro Bitcoin Gains.
The company recorded a return of 709.8% since the beginning of the year.
Its strategy relies on increasing the number of bitcoins per share through cash flows and capital raises, drawing its approach from "Strategy," the largest Bitcoin treasury company globally.
"Alexander Leizet," the executive vice president, stated that the company aims to enhance shareholder value by accumulating bitcoins without selling them, expecting institutional adoption of Bitcoin to take 10-15 years.
He confirmed that the next phase involves linking traditional financing with the Bitcoin-based financial system by integrating it into treasury bonds and facilitating transactions through stablecoins and cash blockchain funds.
#blockchain #bitcoin #AdamBack
$BTC
The blockchain group, a leading Bitcoin treasury company in Europe supported by "Adam Back," announced its acquisition of 580 bitcoins worth $50 million, marking its largest purchase since it began its Bitcoin accumulation strategy in November 2024.
With this acquisition, its holdings reach 620 bitcoins valued at $54 million, funded by the issuance of convertible bonds.
The company launched three new indices to track its performance, which are:
Bitcoin Yield, Bitcoin Gains, and Euro Bitcoin Gains.
The company recorded a return of 709.8% since the beginning of the year.
Its strategy relies on increasing the number of bitcoins per share through cash flows and capital raises, drawing its approach from "Strategy," the largest Bitcoin treasury company globally.
"Alexander Leizet," the executive vice president, stated that the company aims to enhance shareholder value by accumulating bitcoins without selling them, expecting institutional adoption of Bitcoin to take 10-15 years.
He confirmed that the next phase involves linking traditional financing with the Bitcoin-based financial system by integrating it into treasury bonds and facilitating transactions through stablecoins and cash blockchain funds.
#blockchain #bitcoin #AdamBack
$BTC
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🟢 Adam Back: Bitcoin will replace gold as a hedge against inflation
Co-founder of Blockstream Adam Back believes that Bitcoin will ultimately replace gold as the primary asset for protection against inflation and instability.
📌 What he said:
– Bitcoin is like gold, but only at the beginning of its journey
– Expected inflation in the world is 10–15% over the next 10 years
– Stocks and real estate will not provide the necessary returns
– Bitcoin could become the new "digital safe haven"
– The expansion of the money supply in dollars and euros by 50% over 5 years only increases interest
– The USA is taking a pro-cryptocurrency position, and ETFs have already been approved
– BTC volatility is a temporary phenomenon, it will disappear with the development of fintech
📈 Impact: positive — the statement enhances Bitcoin's status as a long-term protective asset.
📜 Historical fact:
In 1971, the USA abandoned the gold standard, which changed the role of gold in the global economy. Now Bitcoin may undergo the same evolution, but in digital form.
📢 Stop chasing the market — start leading it 💼
#Bitcoin #Gold #InflationHedge #AdamBack #DigitalAssets
Co-founder of Blockstream Adam Back believes that Bitcoin will ultimately replace gold as the primary asset for protection against inflation and instability.
📌 What he said:
– Bitcoin is like gold, but only at the beginning of its journey
– Expected inflation in the world is 10–15% over the next 10 years
– Stocks and real estate will not provide the necessary returns
– Bitcoin could become the new "digital safe haven"
– The expansion of the money supply in dollars and euros by 50% over 5 years only increases interest
– The USA is taking a pro-cryptocurrency position, and ETFs have already been approved
– BTC volatility is a temporary phenomenon, it will disappear with the development of fintech
📈 Impact: positive — the statement enhances Bitcoin's status as a long-term protective asset.
📜 Historical fact:
In 1971, the USA abandoned the gold standard, which changed the role of gold in the global economy. Now Bitcoin may undergo the same evolution, but in digital form.
📢 Stop chasing the market — start leading it 💼
#Bitcoin #Gold #InflationHedge #AdamBack #DigitalAssets
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🔥🔥🔥NEW: THE LEGEND OF CYPHERPUNK, ADAM BACK, SAYS THAT #BITCOIN IS "THE ONLY CURRENCY TO RULE THEM ALL".
ONLY BTC 🔥
✅LATEST NEWS: GERMANY'S RULING PARTY, THE CHRISTIAN DEMOCRATIC UNION, COMMITTED TO APPROVING A PRO #BITCOIN AND CRYPTO POLICY
We are committed to a modern financial system and fully open to cryptocurrencies. 🔥
#BTC #BTC☀ #AdamBack #CRIPTOHINDUSTAN #BitcoinWithTariffs $BTC
ONLY BTC 🔥
✅LATEST NEWS: GERMANY'S RULING PARTY, THE CHRISTIAN DEMOCRATIC UNION, COMMITTED TO APPROVING A PRO #BITCOIN AND CRYPTO POLICY
We are committed to a modern financial system and fully open to cryptocurrencies. 🔥
#BTC #BTC☀ #AdamBack #CRIPTOHINDUSTAN #BitcoinWithTariffs $BTC
📢 Follow for Daily Updates! 🔥
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📊 Short-Term Analysis for $ADA /USDT (15m - 1h) 🔥
📉 Why a Short Trade?
1️⃣ Key Resistance at $0.740 - $0.747 🚧
ADA is struggling to break above $0.740 - $0.747, with multiple rejections.
If this resistance holds, a pullback is likely.
2️⃣ Bearish RSI Divergence 📊
RSI is overbought on lower timeframes, showing weakening bullish momentum.
This signals a potential short-term correction.
3️⃣ Decreasing Volume & Exhaustion 📉
24H Volume: 155.28M USDT, showing lower buyer interest.
If volume continues dropping, buyers might lose control, leading to a retracement.
4️⃣ Support Zone at $0.720 - $0.703 📉
If price breaks below $0.730, expect a move toward $0.720 - $0.703.
---
📊 Short-Term Trade Setup (15m - 1h) 📊
🔻 Short Entry: $0.735 - $0.740 (Near resistance)
🎯 Targets: $0.720, $0.710, and $0.703
🛑 Stop Loss: $0.750 (Above resistance)
🔹 Breakdown Confirmation:
If $0.703 breaks, expect further downside toward $0.690.
If price bounces from $0.720, consider securing profits early.
⚠️ Risk Management:
Keep SL tight to manage risk in case of a breakout.
Wait for rejection at $0.740 before entering.
🚀 Overall Bias: Bearish (As long as $0.740 - $0.747 holds as resistance)
#ADA #ADABullish #AdamBack #Write2Earn #BNBChainMeme
---
📊 Short-Term Analysis for $ADA /USDT (15m - 1h) 🔥
📉 Why a Short Trade?
1️⃣ Key Resistance at $0.740 - $0.747 🚧
ADA is struggling to break above $0.740 - $0.747, with multiple rejections.
If this resistance holds, a pullback is likely.
2️⃣ Bearish RSI Divergence 📊
RSI is overbought on lower timeframes, showing weakening bullish momentum.
This signals a potential short-term correction.
3️⃣ Decreasing Volume & Exhaustion 📉
24H Volume: 155.28M USDT, showing lower buyer interest.
If volume continues dropping, buyers might lose control, leading to a retracement.
4️⃣ Support Zone at $0.720 - $0.703 📉
If price breaks below $0.730, expect a move toward $0.720 - $0.703.
---
📊 Short-Term Trade Setup (15m - 1h) 📊
🔻 Short Entry: $0.735 - $0.740 (Near resistance)
🎯 Targets: $0.720, $0.710, and $0.703
🛑 Stop Loss: $0.750 (Above resistance)
🔹 Breakdown Confirmation:
If $0.703 breaks, expect further downside toward $0.690.
If price bounces from $0.720, consider securing profits early.
⚠️ Risk Management:
Keep SL tight to manage risk in case of a breakout.
Wait for rejection at $0.740 before entering.
🚀 Overall Bias: Bearish (As long as $0.740 - $0.747 holds as resistance)
#ADA #ADABullish #AdamBack #Write2Earn #BNBChainMeme
Short
#ADA/USDT
Entry: 0.7000 - 0.7030
Targets: 🎯 0.6940 🎯 0.6880 🎯 0.6820 🎯 0.6750
🛑 Stop: 0.7150
Leverage: 10x (isolated)#ADA #ADABullish #ADA! #AdamBack #ADAAnalysis $ADA
#ADA/USDT
Entry: 0.7000 - 0.7030
Targets: 🎯 0.6940 🎯 0.6880 🎯 0.6820 🎯 0.6750
🛑 Stop: 0.7150
Leverage: 10x (isolated)#ADA #ADABullish #ADA! #AdamBack #ADAAnalysis $ADA
#ADA 🔥 Cardano Ecosystem Flourishes with DeFi Growth and NFT Activity Despite Price Swings🚀$ADA
While Cardano's price navigates market volatility, its underlying ecosystem continues to demonstrate robust growth and increasing activity. Since the 2021 bull market, Cardano has witnessed a significant expansion of its decentralized finance (DeFi) landscape.#ADA!
Numerous DeFi platforms are now operational on the network, offering services like lending, borrowing, and decentralized exchanges, contributing to greater capital efficiency and user engagement within the Cardano ecosystem.#ADABullish
The implementation of smart contract functionality through Plutus has been a key driver of this growth, enabling developers to build and deploy a diverse range of decentralized applications (dApps). Beyond DeFi, the Cardano network has also seen a#ADAAnalysis
burgeoning Non-Fungible Token (NFT) marketplace. Artists, creators, and collectors are actively participating in the Cardano NFT space, fostering a vibrant digital asset ecosystem. This growth in NFTs further diversifies the use cases for the Cardano blockchain and attracts a broader user base.
#AdamBack
The increasing number of developers actively building on Cardano is another strong indicator of the ecosystem's health and future potential. Thousands of developers are contributing to the growth of various projects, ranging from DeFi protocols and NFT platforms to infrastructure enhancements and new decentralized applications.
This active developer community is crucial for the continued innovation and expansion of the Cardano ecosystem, laying the groundwork for future adoption and utility. Despite short-term price fluctuations, the ongoing development and increasing activity within its DeFi and NFT sectors highlight the fundamental strength and long-term potential of the Cardano network.
While Cardano's price navigates market volatility, its underlying ecosystem continues to demonstrate robust growth and increasing activity. Since the 2021 bull market, Cardano has witnessed a significant expansion of its decentralized finance (DeFi) landscape.#ADA!
Numerous DeFi platforms are now operational on the network, offering services like lending, borrowing, and decentralized exchanges, contributing to greater capital efficiency and user engagement within the Cardano ecosystem.#ADABullish
The implementation of smart contract functionality through Plutus has been a key driver of this growth, enabling developers to build and deploy a diverse range of decentralized applications (dApps). Beyond DeFi, the Cardano network has also seen a#ADAAnalysis
burgeoning Non-Fungible Token (NFT) marketplace. Artists, creators, and collectors are actively participating in the Cardano NFT space, fostering a vibrant digital asset ecosystem. This growth in NFTs further diversifies the use cases for the Cardano blockchain and attracts a broader user base.
#AdamBack
The increasing number of developers actively building on Cardano is another strong indicator of the ecosystem's health and future potential. Thousands of developers are contributing to the growth of various projects, ranging from DeFi protocols and NFT platforms to infrastructure enhancements and new decentralized applications.
This active developer community is crucial for the continued innovation and expansion of the Cardano ecosystem, laying the groundwork for future adoption and utility. Despite short-term price fluctuations, the ongoing development and increasing activity within its DeFi and NFT sectors highlight the fundamental strength and long-term potential of the Cardano network.
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🤔Do quantum computers pose a threat to Bitcoin security? Cryptographer Adam Back thinks so!
Recently, discussions about the potential threats that quantum computers may pose to Bitcoin security and the cracking of the founder's wallet have heated up again. In response, renowned cryptographer Adam Back has shared his views, suggesting that we are still decades away from the true era of quantum computers.
Back further pointed out that even if quantum computers become a reality, this may actually be a positive development for the Bitcoin network. Because Bitcoin can leverage quantum computers to upgrade and enhance its defense against quantum attacks.
Back also believes that if there is a possibility of quantum computers attacking the Bitcoin network, then there must also be methods to defend using quantum computers.
He emphasized that despite the extraordinary capabilities of existing supercomputers, the Bitcoin network remains one of the most secure networks in the world, and its computing power is the strongest globally. Therefore, the emergence of quantum computers may not be a threat but could allow the Bitcoin network to become even more secure through upgrades.
It is worth noting that the topic of quantum computers has recently become a hot topic again, primarily due to Google’s recent release of its supercomputer chip, coupled with exaggerated media reports, which have sparked some negative concerns in the community.
However, discussions about quantum computers threatening Bitcoin security have not ceased over the past decade, but the negative reports in these years have not had a substantial impact on Bitcoin's multiple market cycles and its current market conditions.
💬Do you think quantum computers will really pose a threat to Bitcoin security? What changes would occur if the Bitcoin network upgrades to counter quantum attacks?
#量子计算机 #比特币安全 #AdamBack #量子攻击
Recently, discussions about the potential threats that quantum computers may pose to Bitcoin security and the cracking of the founder's wallet have heated up again. In response, renowned cryptographer Adam Back has shared his views, suggesting that we are still decades away from the true era of quantum computers.
Back further pointed out that even if quantum computers become a reality, this may actually be a positive development for the Bitcoin network. Because Bitcoin can leverage quantum computers to upgrade and enhance its defense against quantum attacks.
Back also believes that if there is a possibility of quantum computers attacking the Bitcoin network, then there must also be methods to defend using quantum computers.
He emphasized that despite the extraordinary capabilities of existing supercomputers, the Bitcoin network remains one of the most secure networks in the world, and its computing power is the strongest globally. Therefore, the emergence of quantum computers may not be a threat but could allow the Bitcoin network to become even more secure through upgrades.
It is worth noting that the topic of quantum computers has recently become a hot topic again, primarily due to Google’s recent release of its supercomputer chip, coupled with exaggerated media reports, which have sparked some negative concerns in the community.
However, discussions about quantum computers threatening Bitcoin security have not ceased over the past decade, but the negative reports in these years have not had a substantial impact on Bitcoin's multiple market cycles and its current market conditions.
💬Do you think quantum computers will really pose a threat to Bitcoin security? What changes would occur if the Bitcoin network upgrades to counter quantum attacks?
#量子计算机 #比特币安全 #AdamBack #量子攻击
#ADA 🔥Coin: ADA (Cardano)$ADA
Pair: ADA/USDT (Tether)
Current Price: $0.7160 (+1.73%)
24H High: $0.7471
24H Low: $0.6972
24H Volume (ADA): 359.35M
24H Volume (USDT): 259.85M
Timeframe: 5 minutes (5m) is primarily shown in the chart.
target 1 : 0.7250
target 2 : 0.7310
stop loss : 0.7000
Price Change in 5m: +0.0012 (+0.17%)
Layer: Layer 1 / Layer (Indicates Cardano is a Layer 1 blockchain)
Historical Performance:
* Today: +0.60%
* 7 Days: -22.62%
* 30 Days: +4.03%
* 90 Days: -33.33%
* 180 Days: +100.73%
* 1 Year: -6.59%
Order Book:
* Buy: 50.57%
* Sell: 49.43%
Strong Foundation: Cardano is built on a foundation of peer-reviewed research and formal methods, ensuring a secure and reliable blockchain.#ADABullish
Scalability: Cardano's Ouroboros consensus mechanism is designed to be highly scalable, capable of handling a large number of transactions per second.#ADA/BNB
Sustainability: Ouroboros is also energy-efficient, making Cardano a more environmentally friendly option compared to Proof-of-Work blockchains.#ADAAnalysis
Smart Contracts: Cardano supports smart contracts, enabling the development of decentralized applications (dApps) and other innovative solutions.#AdamBack
Growing Ecosystem: The Cardano ecosystem is expanding rapidly, with numerous projects and partnerships in development.
Pair: ADA/USDT (Tether)
Current Price: $0.7160 (+1.73%)
24H High: $0.7471
24H Low: $0.6972
24H Volume (ADA): 359.35M
24H Volume (USDT): 259.85M
Timeframe: 5 minutes (5m) is primarily shown in the chart.
target 1 : 0.7250
target 2 : 0.7310
stop loss : 0.7000
Price Change in 5m: +0.0012 (+0.17%)
Layer: Layer 1 / Layer (Indicates Cardano is a Layer 1 blockchain)
Historical Performance:
* Today: +0.60%
* 7 Days: -22.62%
* 30 Days: +4.03%
* 90 Days: -33.33%
* 180 Days: +100.73%
* 1 Year: -6.59%
Order Book:
* Buy: 50.57%
* Sell: 49.43%
Strong Foundation: Cardano is built on a foundation of peer-reviewed research and formal methods, ensuring a secure and reliable blockchain.#ADABullish
Scalability: Cardano's Ouroboros consensus mechanism is designed to be highly scalable, capable of handling a large number of transactions per second.#ADA/BNB
Sustainability: Ouroboros is also energy-efficient, making Cardano a more environmentally friendly option compared to Proof-of-Work blockchains.#ADAAnalysis
Smart Contracts: Cardano supports smart contracts, enabling the development of decentralized applications (dApps) and other innovative solutions.#AdamBack
Growing Ecosystem: The Cardano ecosystem is expanding rapidly, with numerous projects and partnerships in development.
🟠💊Adam Back – CEO of Blockstream💊🟠
Adam Back is a cryptographer and the CEO of Blockstream, a key figure in Bitcoin's early development and infrastructure.
Bitcoin Advocacy
Back, who proposed Hashcash, helped shape Bitcoin's proof-of-work system. Through Blockstream, he advances Bitcoin’s scalability and security, including Lightning Network.
Influence in the Crypto Space
Back is a prominent Bitcoin maximalist who argues that Bitcoin is the only cryptocurrency with long-term potential. He leads Blockstream, innovating with sidechains and Bitcoin-backed products.
Public Advocacy
He strongly advocates for Bitcoin’s decentralization, security, and fixed supply, emphasizing Bitcoin’s superiority as a store of value over other assets.
Bitcoin as the Best Store of Value
Back sees Bitcoin as the future of money, with its digital nature, scarcity, and global accessibility making it a superior store of value compared to gold.
Long-term Commitment
Back is dedicated to Bitcoin’s development, believing it will replace traditional finance and become the global reserve asset. He rejects altcoins as inferior.
In short, Adam Back is a Bitcoin maximalist committed to advancing Bitcoin’s role as the most secure and valuable asset.
#CryptoNews #AdamBack $BTC
Adam Back is a cryptographer and the CEO of Blockstream, a key figure in Bitcoin's early development and infrastructure.
Bitcoin Advocacy
Back, who proposed Hashcash, helped shape Bitcoin's proof-of-work system. Through Blockstream, he advances Bitcoin’s scalability and security, including Lightning Network.
Influence in the Crypto Space
Back is a prominent Bitcoin maximalist who argues that Bitcoin is the only cryptocurrency with long-term potential. He leads Blockstream, innovating with sidechains and Bitcoin-backed products.
Public Advocacy
He strongly advocates for Bitcoin’s decentralization, security, and fixed supply, emphasizing Bitcoin’s superiority as a store of value over other assets.
Bitcoin as the Best Store of Value
Back sees Bitcoin as the future of money, with its digital nature, scarcity, and global accessibility making it a superior store of value compared to gold.
Long-term Commitment
Back is dedicated to Bitcoin’s development, believing it will replace traditional finance and become the global reserve asset. He rejects altcoins as inferior.
In short, Adam Back is a Bitcoin maximalist committed to advancing Bitcoin’s role as the most secure and valuable asset.
#CryptoNews #AdamBack $BTC
🟠💊What Is a Bitcoin maximalist❓️
A Bitcoin maximalist is someone who believes that Bitcoin is the only cryptocurrency that will ultimately succeed in the long run.
They argue that Bitcoin is the most secure, decentralized, and trustworthy digital currency, and they often view other cryptocurrencies (altcoins) as inferior or unnecessary.
Maximalists typically think Bitcoin will become the dominant global currency and that other projects won't achieve the same level of adoption or security.
In short, they have strong faith in Bitcoin’s future and are usually highly skeptical of competing digital currencies.
Bitcoin maximalism is more of a belief or ideology than a specific group of people, but there are some prominent individuals known for strongly advocating for Bitcoin over other cryptocurrencies.
Here’s a list of top Bitcoin maximalists based on their influence, contributions to the space, and public support for Bitcoin:
1. Michael Saylor
2. Elon Musk
3. Jack Dorsey
4. Max Keiser
5. Peter McCormack
6. Adam Back
7. Saifedean Ammous
8. Jameson Lopp
9. Robert Breedlove
10. Gregory Maxwell
These individuals have significantly contributed to the global adoption and promotion of Bitcoin, and they frequently advocate for the idea that Bitcoin will remain the dominant cryptocurrency.
#CryptoNews #BitcoinMaximalist $BTC
A Bitcoin maximalist is someone who believes that Bitcoin is the only cryptocurrency that will ultimately succeed in the long run.
They argue that Bitcoin is the most secure, decentralized, and trustworthy digital currency, and they often view other cryptocurrencies (altcoins) as inferior or unnecessary.
Maximalists typically think Bitcoin will become the dominant global currency and that other projects won't achieve the same level of adoption or security.
In short, they have strong faith in Bitcoin’s future and are usually highly skeptical of competing digital currencies.
Bitcoin maximalism is more of a belief or ideology than a specific group of people, but there are some prominent individuals known for strongly advocating for Bitcoin over other cryptocurrencies.
Here’s a list of top Bitcoin maximalists based on their influence, contributions to the space, and public support for Bitcoin:
1. Michael Saylor
2. Elon Musk
3. Jack Dorsey
4. Max Keiser
5. Peter McCormack
6. Adam Back
7. Saifedean Ammous
8. Jameson Lopp
9. Robert Breedlove
10. Gregory Maxwell
These individuals have significantly contributed to the global adoption and promotion of Bitcoin, and they frequently advocate for the idea that Bitcoin will remain the dominant cryptocurrency.
#CryptoNews #BitcoinMaximalist $BTC
#ADABullish 🔥🚀What’s Next For Cardano Price As Whales Scoop 180M ADA In A Week
👉👉$ADA 💥💯
$ADA According to data from Santiment, wallets holding between 1,000,000 and 10,000,000 ADA have increased their holdings significantly. Crypto analyst Ali Martinez noted that these investors have accumulated over 180 million ADA within a short period, reflecting sustained interest despite market fluctuations.#ADABullish
Whale accumulation is often linked to price movements, as large-scale purchases reduce circulating supply. This trend has previously preceded bullish phases in Cardano price, especially when buying pressure remains steady. #ADA/BNB
Meanwhile, recent analysis shows that ADA price may rally as high as $36, aligning with the speculation fueled by the Simpsons’ prediction. Despite ADA’s current bearish trend, analysts point to key support at $0.70, growing market interest, and ETF discussions as potential catalysts for a strong recovery.#ADAAnalysis
Despite the strong accumulation, Cardano price has experienced fluctuations in recent weeks. Market analysts emphasize the importance of key support and resistance levels in determining whether the price will consolidate or break out into a new uptrend. Retail traders remain cautious, as past whale movements have not always resulted in immediate price gains.#AdamBack $ADA
👉👉$ADA 💥💯
$ADA According to data from Santiment, wallets holding between 1,000,000 and 10,000,000 ADA have increased their holdings significantly. Crypto analyst Ali Martinez noted that these investors have accumulated over 180 million ADA within a short period, reflecting sustained interest despite market fluctuations.#ADABullish
Whale accumulation is often linked to price movements, as large-scale purchases reduce circulating supply. This trend has previously preceded bullish phases in Cardano price, especially when buying pressure remains steady. #ADA/BNB
Meanwhile, recent analysis shows that ADA price may rally as high as $36, aligning with the speculation fueled by the Simpsons’ prediction. Despite ADA’s current bearish trend, analysts point to key support at $0.70, growing market interest, and ETF discussions as potential catalysts for a strong recovery.#ADAAnalysis
Despite the strong accumulation, Cardano price has experienced fluctuations in recent weeks. Market analysts emphasize the importance of key support and resistance levels in determining whether the price will consolidate or break out into a new uptrend. Retail traders remain cautious, as past whale movements have not always resulted in immediate price gains.#AdamBack $ADA
#ADA Price Targets $1 as Bulls Look for Breakout ARE YOU SERIOUS ❓😯
DONT BE LATE BUY 👉$ADA
Cardano (ADA) is showing signs of a potential breakout as bulls aim for the $1 mark.
$ADA has been in a consolidation phase following a period of intense volatility. After rallying to new local highs, ADA retraced and is now trading within a critical price range, leaving traders uncertain about the next move.#ADABullish
With market sentiment shifting and key technical indicators providing mixed signals, will ADA hold its support and aim higher, or is another leg down on the horizon? Let’s take a closer look at the price action and indicators to determine ADA’s next potential direction.#ADA/BNB
The Relative Strength Index (RSI) currently stands at 44.95, reflecting neutral to slightly bearish momentum. This suggests that while ADA is not in oversold territory, it lacks the strength to trigger a strong upward push without additional buying pressure. A move above 50 on the RSI could signal increasing bullish momentum, while a drop below 40 might indicate further downside risk.#ADAAnalysis
Additionally, the Moving Average Convergence Divergence (MACD) shows that the MACD line remains slightly below the signal line, reinforcing the lack of strong bullish momentum. The histogram also indicates minimal divergence, meaning the price could continue consolidating unless a major catalyst sparks a breakout. #AdamBack $ADA
DONT BE LATE BUY 👉$ADA
Cardano (ADA) is showing signs of a potential breakout as bulls aim for the $1 mark.
$ADA has been in a consolidation phase following a period of intense volatility. After rallying to new local highs, ADA retraced and is now trading within a critical price range, leaving traders uncertain about the next move.#ADABullish
With market sentiment shifting and key technical indicators providing mixed signals, will ADA hold its support and aim higher, or is another leg down on the horizon? Let’s take a closer look at the price action and indicators to determine ADA’s next potential direction.#ADA/BNB
The Relative Strength Index (RSI) currently stands at 44.95, reflecting neutral to slightly bearish momentum. This suggests that while ADA is not in oversold territory, it lacks the strength to trigger a strong upward push without additional buying pressure. A move above 50 on the RSI could signal increasing bullish momentum, while a drop below 40 might indicate further downside risk.#ADAAnalysis
Additionally, the Moving Average Convergence Divergence (MACD) shows that the MACD line remains slightly below the signal line, reinforcing the lack of strong bullish momentum. The histogram also indicates minimal divergence, meaning the price could continue consolidating unless a major catalyst sparks a breakout. #AdamBack $ADA
#ADA 🚀🔥Cardano (ADA) Price Eyes Breakout To $10 as Network Activity Soar💯
Cardano (ADA) price is in the spotlight as the prospect of the coin skyrocketing to a high of $10 resurfaces on social platforms. Backed by the positive shift in network activities, Cardano is now one of the most promising altcoins in the top 10 with bullish momentum as of writing. Amid the ongoing rebound, Cardano’s price has pared off some of its losses picked up from the volatility this week.#ADABullish
According to data from Santiment, an ADA whale entered the market when its price briefly jumped to $1.13. The crypto analytics platform said this whale activity has been the most significant for three months. These whales represent transactions valued at $100,000 in ADA.#AdamBack
Per the accompanying chart, as of March 4, the Cardano network has recorded 1,132 whale transaction counts. The Mean Dollar Invested Age came in at 529.05. In all, the network recorded 2,671 unique $100,000 transactions as the price jumped above $1.13#ADAAnalysis
Alongside this uptick, Santiment noted that the sudden uptick in transactions worth $100,000 sparked a drop in the average age of Cardano now in wallets. This trend has an upside. It implies a jump in the number of ADA tokens in regular circulation.#ADA/BNB $ADA
Cardano (ADA) price is in the spotlight as the prospect of the coin skyrocketing to a high of $10 resurfaces on social platforms. Backed by the positive shift in network activities, Cardano is now one of the most promising altcoins in the top 10 with bullish momentum as of writing. Amid the ongoing rebound, Cardano’s price has pared off some of its losses picked up from the volatility this week.#ADABullish
According to data from Santiment, an ADA whale entered the market when its price briefly jumped to $1.13. The crypto analytics platform said this whale activity has been the most significant for three months. These whales represent transactions valued at $100,000 in ADA.#AdamBack
Per the accompanying chart, as of March 4, the Cardano network has recorded 1,132 whale transaction counts. The Mean Dollar Invested Age came in at 529.05. In all, the network recorded 2,671 unique $100,000 transactions as the price jumped above $1.13#ADAAnalysis
Alongside this uptick, Santiment noted that the sudden uptick in transactions worth $100,000 sparked a drop in the average age of Cardano now in wallets. This trend has an upside. It implies a jump in the number of ADA tokens in regular circulation.#ADA/BNB $ADA
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