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#CardanoDebate
Cardano’s native token, ADA, has faced significant challenges this week as two major events shook investor confidence. The first catalyst was a proposal by Cardano founder Charles Hoskinson to convert $100 million worth of ADA from the treasury into stablecoins and Bitcoin. This move, aimed at bolstering Cardano’s decentralized finance (DeFi) ecosystem, has sparked debate within the community regarding trust, decentralization, and long-term strategy. Critics argue that such a large conversion could undermine the stability and trust in the ADA token, while supporters see it as a strategic move to enhance the ecosystem's liquidity and utility.
Cardano’s native token, ADA, has faced significant challenges this week as two major events shook investor confidence. The first catalyst was a proposal by Cardano founder Charles Hoskinson to convert $100 million worth of ADA from the treasury into stablecoins and Bitcoin. This move, aimed at bolstering Cardano’s decentralized finance (DeFi) ecosystem, has sparked debate within the community regarding trust, decentralization, and long-term strategy. Critics argue that such a large conversion could undermine the stability and trust in the ADA token, while supporters see it as a strategic move to enhance the ecosystem's liquidity and utility.
#BTC
#IsraelIranConflict
BTC No change from last 24 hours almost same value. good first crypto. 105.01k to 104.9k
$BTC
#IsraelIranConflict
BTC No change from last 24 hours almost same value. good first crypto. 105.01k to 104.9k
$BTC
#IsraelIranConflict
#BTC、
#MarketPullback
Market Wrap: Can Bitcoin Price Survive A 12% Crash After Israel Strike On Iran Rattles Markets
Bitcoin price dropped 3% to $105,049 after Israel’s strike on Iran rattled markets.
Bitcoin risks a 12% slide if it breaks below the $102,000 neckline of a double top pattern.
RSI is trending down while MACD signals a bearish crossover that could send BTC to $94,000 short term.
$BTC Bitcoin price has dropped 3% in the last 24 hours to trade at $105,049 on a 47% surge in trading volume to $50.9 billion.
The price drop escalated conflict in the Middle East after Israel launched an attack on Iran. The total crypto market cap dropped 6.1% as the top 10 assets saw close to double-digit percentage losses. Nasdaq futures fell 1.33%, S&P futures dumped 1.24%, and the markets remain spooked as people are now expecting Iran to retaliate.
#BTC、
#MarketPullback
Market Wrap: Can Bitcoin Price Survive A 12% Crash After Israel Strike On Iran Rattles Markets
Bitcoin price dropped 3% to $105,049 after Israel’s strike on Iran rattled markets.
Bitcoin risks a 12% slide if it breaks below the $102,000 neckline of a double top pattern.
RSI is trending down while MACD signals a bearish crossover that could send BTC to $94,000 short term.
$BTC Bitcoin price has dropped 3% in the last 24 hours to trade at $105,049 on a 47% surge in trading volume to $50.9 billion.
The price drop escalated conflict in the Middle East after Israel launched an attack on Iran. The total crypto market cap dropped 6.1% as the top 10 assets saw close to double-digit percentage losses. Nasdaq futures fell 1.33%, S&P futures dumped 1.24%, and the markets remain spooked as people are now expecting Iran to retaliate.
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