TL;DR Following weeks of consolidation and price warnings from the community, Cardano’s native token exploded in the past several days, registering a 30% weekly surge. A popular crypto analyst with almost 140,000 followers on X believes this could be just the beginning and envisioned a further surge to and beyond $1 if ADA breaks through a key resistance level, which is being tested now. Cardano $ADA is breaking through a key resistance level, opening the door for a rally to $0.90–$1.20! pic.twitter.com/4dj8jQfJFN — Ali (@ali_charts) July 13, 2025 This important resistance that could hinder ADA’s progress is situated somewhere around $0.74, a level the asset is very familiar with, as it managed to contain its price ascent earlier this year. ADA managed to breach it briefly during the Friday price surge that drove it to a two-and-a-half-month high of almost $0.78, but the bears quickly regrouped and didn’t allow a decisive closure above it. In fact, the last time Cardano’s token traded sustainably above $0.74 was in mid-May. Since then, the asset underwent a substantial correction that drove it down to $0.5 at one point. Nevertheless, ADA is still the top performer on a weekly scale from the 12 largest cryptocurrencies by market cap, having gained almost 30%. Thus, it has increased more than XRP (26%) and HYPE (22%). This impressive price surge comes just a few weeks after IOG proposed that the treasury would trade $100 million worth of ADA for BTC and stablecoins to enhance the blockchain’s DeFi ecosystem. The move met immediate resistance from some members, who claimed that it could lead to a more painful sell-off and price declines. Charles Hoskinson was quick to mock the naysayers after ADA surged past $0.7 and became a top performer. Remember when we were told that a 100 million dollar trade of ada would collapse the price? https://t.co/kYm5CKw97O pic.twitter.com/tPZiROv37i — Charles Hoskinson (@IOHK_Charles) July 11, 2025 The post ADA Is Breaking Out: Will Cardano Surge Past $1 Next? appeared first on CryptoPotato .
A recent analysis by crypto market analyst Ali Martinez (@ali_charts) has raised interest in Cardano (ADA) after the digital asset revisited a historically significant price level. In a video posted on X, Martinez highlighted that Cardano has once again touched the $0.54 support level, a zone from which the asset previously surged 55%. His chart, which plots ADA’s 12-hour price action, suggests a similar rebound may now be underway. The chart shows a well-defined parallel channel that ADA has followed over the past several weeks. The lower boundary of this channel, around $0.54, appears to be holding as strong support. After dipping to this level, Cardano has shown early signs of recovery, trading at approximately $0.6264 at the time of the analysis. The analyst indicated that “a buying spike here could send Cardano to $0.84 like it did in April.” Notably, a Times Tabloid report predicted this target for ADA in March , and Martinez suggests that the asset could mirror this trajectory. The last time this happened, Cardano $ADA surged 55%! pic.twitter.com/G2B9fqOHzX — Ali (@ali_charts) July 11, 2025 Parallel Channel Continues to Guide Price Action Martinez’s chart captures ADA’s recent volatility, with oscillation between defined support and resistance levels. The price pattern shows several sharp reversals and failed breakouts, reinforcing the relevance of the horizontal levels outlined on the graph. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 According to Martinez’s projection, ADA could first retest the $0.68 range, then break through intermediate resistance near $0.75 before reaching the upper boundary near $0.84. The structure implies a stair-step recovery pattern contingent on renewed market interest and volume. ADA is currently trading at $0.7162, up almost 25% from last week. The asset is now aiming for the next resistance level before the final target. Another analyst previously revealed that breaking above $0.7 could open the door for further gains , and the expected momentum could help the asset reach and potentially surpass $0.84. Market Sentiment May Dictate Follow-Through While the setup resembles past bullish recoveries, execution will depend on broader market sentiment and Cardano’s ability to sustain upward momentum. Additionally, ADA has multiple bullish indicators that support the positive outlook. The asset recently formed its first weekly golden cross and has seen notable whale activity that suggests a big move in its immediate future. Martinez’s recent breakdown places Cardano at a critical juncture, and with support from the community and increasing bullish sentiment, the $0.84 target may be within reach once again. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Last Time This Happened Cardano (ADA) Surged 55%. Here’s the Next Target appeared first on Times Tabloid .
On July 13, WhaleAlert reported a significant transaction involving the USDC Treasury, which executed a burn of 56,673,853 USDC tokens on the Ethereum blockchain. This move reflects a strategic reduction
Crypto trader James Wynn disappeared from social media after suffering losses in the nine figures. For now, it looks like the high-risk trader finally crashed out, as his personal X account has been deactivated. Searching for Wynn’s old username, “JamesWynnReal,” on X now returns an error message that says, “This account doesn’t exist.” Right before he deactivated his account, Wynn changed his profile description to “broke.” Wynn’s old X username returns an account error. Source: X Blockchain trackers Hypurrscan and Arkham Intelligence report that the combined funds in his wallets now stand at only $10,157.46. James Wynn( @JamesWynnReal ) has deactivated his X account! What happened? Did he blow up completely? All his wallets and Hyperliquid balance combined are down to just $10,176. https://t.co/FX6sISVWOh https://t.co/snkLcUUgXb pic.twitter.com/bkkxOpo7hZ — Lookonchain (@lookonchain) July 12, 2025 The trader was known for placing high-leverage bets that often ran opposite to the broader market. Due to this, Wynn received a lot of attention and scrutiny from fellow traders. His strategy relied on making high-leverage bets on Hyperliquid while enjoying the benefits of the resulting social media engagement. More often than not, the trader watched the market react opposite to his bet. Wynn lost hundreds of millions betting on BTC futures During May, Wynn’s position in BTC stood to lose roughly $100 million when Bitcoin’s price slipped below $105k. That triggered liquidations of 949 BTC, effectively erasing his long-BTC holdings. In a post he later removed, Wynn said, “I do not follow proper risk management, nor do I claim to be a professional; if anything, I claim to be lucky. I’m effectively gambling, and I stand to lose everything. I strongly advise people against what I’m doing.” Instead of slowing down, Wynn once again opened a $100 million bet days later. Wynn claimed that market makers were intentionally targeting his positions to force a liquidation. Seeking relief, he asked the community for help. Up to 24 unique wallet addresses sent donation funds to his account. Shortly after receiving those donations, Wynn sold 240 BTC to push down his liquidation price on his remaining positions. Still, the trader couldn’t save his position and ultimately lost over 99 percent of the second $100 million position. $198.68 million got liquidated from the broader crypto market in 24 hours Meanwhile, the broader crypto futures market saw massive liquidations over the last 24 hours. Liquidation data from CoinGlass at press time shows a total of $198.68 million wiped out in perpetual futures. Long positions accounted for $132.75 million of that total, while shorts made up $65.93 million. Ethereum traders felt the pinch as well, with $30.84 million in positions closed out. Of that, $21.14 million were longs and $9.26 million were shorts. XRP followed, tallying $16.89 million in liquidations, $13.27 million on the long side, and $3.62 million short. Your crypto news deserves attention - KEY Difference Wire puts you on 250+ top sites
The corporate Bitcoin adoption landscape is rapidly evolving, with a notable surge in public companies integrating Bitcoin into their balance sheets, driven largely by emerging and struggling firms. Blockware Intelligence
Bitcoin exchange-traded funds (ETFs) posted another billion-dollar inflow on Friday, their second in a row, pushing total net assets to a new record. Ether ETFs kept pace with a $204.82 million haul, marking yet another strong green session. Bitcoin ETFs Surge to $150 Billion AUM After $1 Billion Inflow The wave keeps growing, and the
The corporate Bitcoin adoption race is “mostly being spearheaded by brand new companies or dying companies you’ve never heard of,” says Blockware.
The mean coin age had been in a steady uptrend from February to June, but cratered over the past two weeks.
The Solana-based meme coin launchpad, Pump.fun, has concluded the initial coin offering (ICO) for its native cryptocurrency, PUMP. Although the platform completed the public sale in 12 minutes, there are some controversies surrounding it. Data from the Pump.fun token website shows that the launchpad raised $500 million during the sale. The platform sold 12.5% of the PUMP total supply for $0.0040 each in a public offering. Speculation Around Pump.fun ICO When announcing the ICO on July 9, Pump.fun said its native token will have a maximum supply of one trillion. 33% of the supply was to be sold at the ICO, 24% reserved for community and ecosystem initiatives, and 20% to the project’s team. The project allocated 13% to existing investors, and the rest in smaller percentages to the ecosystem fund, exchange liquidity, and live streaming. Out of the 33% allocated to the ICO, Pump.fun decided to keep 18% for a private sale to institutional buyers. The remaining 15%, accounting for 150 billion PUMP, will be offloaded in a public sale. However, data on the project’s website shows the team eventually offloaded only 12.5% of the supply in the public sale. At the time of writing, the firm has not published any update regarding the changes; hence, the community is speculating what could have happened to the remaining 2.5%. Tokens to be Tradeable in 72 Hours While the crypto community continues speculating, Pump.fun confirmed it has allocated the tokens kept for the private sale to their buyers. Users who participated in the public sale will receive their assets within the next 48-72 hours. However, they will not be tradable or transferable till the distribution phase is over. All ICO participants will be able to sell or transfer their PUMP allocations on the first day they become tradable. “We’d like to thank everyone who participated in the sale, whether on pump fun or on one of the participating exchanges, and we look forward to the very bright future of pump fun and the wider Solana ecosystem,” the platform stated . It is worth mentioning that Pump.fun faced a few challenges in the days leading up to the ICO. On July 8, the crypto exchange Gate.io abruptly removed its pre-market listing for PUMP and returned funds to all presale participants. The exchange eventually revealed that its decision stemmed from a discussion it had with the Pump.fun team. Notwithstanding the incident, PUMP ICO participants bought tokens worth $5 million on the exchange. The post Pump.fun Concludes $500M ICO in 12 Minutes — But Something Doesn’t Add Up appeared first on CryptoPotato .
Davis Commodities, a publicly traded entity, is actively assessing the creation of a strategic reserve in Solana (SOL), signaling increased institutional interest in the cryptocurrency sector. The firm is contemplating