👀 Cardano plans to launch a private stablecoin Charles Hos | Crypto Man MAB on Binance Square

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👀 Cardano plans to launch a private stablecoin
Charles Hoskinson said he plans to launch a stablecoin for those who don’t want their transactions tracked.
🤔 However, he added that regulators should still have access to data in case of suspected illegal activity.
So what’s the point of the stablecoin then?

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$LINK LINK/USDT 4-Hour Chart Analysis Current Price: $16.59 (-4.69%) 24H Range: $16.03 - $17.59 24H Vol: 5.45M LINK | 90.91M USDT Analysis: LINK/USDT saw a strong rally from $14.00 to $17.59, but pulled back after hitting resistance at $17.50–$17.60. Now at $16.59, it’s testing key support around $16.00. Bullish Case: Holding above $16.00 with rising volume could push it back to $17.59, targeting $18.00+. Bearish Case: A break below $16.00 might lead to $15.00 or lower, especially if selling volume spikes. Volume dropped during the pullback, but SMAs remain below the price, keeping the trend bullish for now. Watch $16.00 support and $17.59 resistance for the next move! #LINKUSDT #TradeStories #Link

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🚫 Anchorage shuts down stablecoin USDM Anchorage Digital is acquiring Mountain Protocol, the issuer of the Mountain USD (USDM) stablecoin. ⚖️ The stablecoin will remain operational for another 30 days, after which the project will be shut down. Anchorage is discontinuing the coin as it focuses on developing corporate stablecoins, such as PayPal USD.

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$WIF /USDT 4H Chart Analysis (Binance) 📈 Price: 1.082 USDT (-5.75%) 24H High: 1.322 | Low: 1.031 Volume: 315.01M WIF (366.62M USDT) 🔍 Analysis: Massive uptrend from 0.4000 to 1.4000 (~250% gain) until May 5, with strong volume. Sharp correction to 0.8000 (-43%) by May 9, followed by a recovery to 1.322. Current 5.75% drop to 1.082, testing the 20-period SMA (~1.0500). Volume spiked on the correction, moderate on the recent drop—selling pressure evident. 🎯 Key Levels: Support: 1.031 (24H low), 1.0500 (SMA), 0.8000. Resistance: 1.2000, 1.322, 1.4000. 📈 Outlook: Broader bullish trend, but volatility is high. Price at a critical juncture near the SMA and 1.031. A hold above 1.0500 could target 1.322–1.4000. A break below 1.031 may lead to a deeper correction toward 0.8000. Keep an eye on volume and SMA! 🚀 #WIF

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$SUI /USDT 4H Chart Analysis Price: 3.8477 USDT 24H High: 4.2989 | Low: 3.8080 Volume: 124.64M SUI (503.80M USDT) Analysis: Strong uptrend from 2.3000 to 4.5000 (~95% gain) until May 5, backed by rising volume. Consolidation between 4.2000–4.5000 (May 5–9) with lower volume. Recent pullback to 3.8477 with high selling volume, indicating profit-taking. Price nearing the 20-period SMA (~3.7000), a potential support. Key Levels: Support: 3.8080 (24H low), 3.7000 (SMA), 3.5000. Resistance: 4.0000, 4.2000–4.3000. Outlook: Bullish trend intact, but this pullback is a key test. A bounce above 4.0000 could target 4.2000–4.3000. A break below 3.8080 and SMA may lead to a deeper correction toward 3.5000. Watch volume and SMA for clues! #StrategyTrade #sui

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USDT and USDC continue to dominate the stablecoin market, together making up the vast majority of the total supply. As of March 2025, the combined market value of stablecoins reached an all-time high of approximately \$220 billion. This surge reflects a broader trend: the total stablecoin supply tends to move in strong correlation with Bitcoin price and overall market sentiment. Historically, supply expands significantly during bull markets, indicating increased capital inflows and trading activity across the crypto space.

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