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📈LATEST: Ethereum posts its highest weekly close since December 2021. Signaling strong bullish momentum as market sentiment heats up.
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⚠️ Ethereum developer known as “Fede’s intern” has reportedly been detained in Turkey over alleged fraud charges. 🇹🇷 According to his own account, the accusations were initiated directly by the country’s Interior Minister. He stated that during his detention, he was placed in a private room, given meals, and was even informed about the possibility of being transported to Europe via private jet. The developer, an Argentine national, is an independent contributor to the Ethereum ecosystem and is not affiliated with any organization.
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🇺🇸 The U.S. President’s family has reportedly: 1. Acquired Bitcoin holdings valued at $2 billion, purchased at prices exceeding $100,000 per coin. 2. Urged the Federal Reserve to implement interest rate cuts. 3. Forecast that Bitcoin’s price could climb to $1 million. 4. Joined the boards of companies managing large Bitcoin reserves.
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🚨 Cardano Price Pattern Hints at Rally Toward $2.90 🔄 Cardano (ADA) is mirroring a familiar 2023 market structure — a falling wedge formation that previously led to a sharp upward breakout. 🚀 In late 2024, this same setup propelled ADA from $0.33 to $1.24 in less than a month. 📅 This July, ADA gained 58%, breaking free from its consolidation phase and igniting strong bullish momentum. 🎯 Market analyst Javon Marks outlines potential price milestones: $1.20 as the initial target Followed by $2.90, representing an estimated 261% upside. 💡 Optimism is being driven by the SEC’s more defined position on liquid staking and the expanding prospects of DeFi within the Cardano ecosystem. 🔮 Long-range outlooks for 2025–2030 indicate ADA could experience even more substantial growth in the years ahead.
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👌WOW, Etherium is above $4k
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Whale Investor Takes Significant Leveraged Position in Ethereum
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