A statue of Bitcoin creator Satoshi Nakamoto, located in Lugano, Switzerland, which was presumed stolen for little more than a day, was found on the shore of a nearby lake. The alleged theft even spurred a bounty hunt, with Satoshigallery offering 0.1 BTC to anyone providing directions to its whereabouts. Satoshi Nakamoto’s Statue Lost and
Cardano (ADA) continues to attract attention as one of the most actively developed layer-1 blockchains, and DeepSeek AI’s latest forecast paints an optimistic future for the token. The new projections highlight ADA’s potential to deliver solid returns for long-term holders, especially as the network’s scalability upgrades and ecosystem growth begin to gain traction. Meanwhile, as retail traders scan the markets for early-stage opportunities, MAGACOIN FINANCE is seeing a wave of investor momentum. The project has just recorded a new all-time high in daily participation, suggesting that fresh capital is actively rotating into emerging assets with strong community backing. DeepSeek’s Outlook for ADA DeepSeek’s AI-driven model estimates that Cardano could trade between $1.80 and $2.30 by the end of 2025, fueled by improved network efficiency and growing adoption of Hydra, its scaling solution. Looking further out, the model projects ADA reaching $4.00 to $6.50 in 2027, provided DeFi and identity applications continue to develop on-chain. By 2030, DeepSeek sees Cardano potentially climbing into the $9.00 to $13.00 range. This projection relies on macroeconomic tailwinds, expanded regulatory clarity, and widespread institutional use of the network for real-world utilities such as education, supply chain tracking, and digital ID systems. A Newcomer with Fast-Moving Potential While ADA offers a steady long-term growth path, MAGACOIN FINANCE is attracting short-term buzz for its breakout momentum. With daily investor sign-ups hitting record highs, the project is gaining ground among those seeking to enter early, before major exchange listings kick in. Momentum-driven traders are pointing to MAGACOIN FINANCE as one of the few altcoins showing explosive potential right now, with some predicting that its current phase could mirror the early-stage breakout patterns seen in previous cycles. Cardano’s Core Strengths Remain Cardano’s development team, led by IOHK, has remained focused on slow, research-based improvements. Initiatives like Mithril and the Midnight sidechain are seen as key additions that will boost both scalability and privacy in the years ahead. Importantly, Cardano’s proof-of-stake model continues to attract environmentally conscious investors and developers, especially as regulations around energy usage tighten. Conclusion DeepSeek AI’s ADA forecast offers a long-term bullish case, grounded in Cardano’s commitment to scalability, decentralization, and real-world use cases. But for those seeking quicker upside, MAGACOIN FINANCE’s surge in user participation suggests that it may be the breakout altcoin of the moment. As 2025 unfolds, keeping an eye on both could prove to be a smart strategy. To learn more about MAGACOIN FINANCE, visit: Website: https://magacoinfinance.com Twitter/X: https://x.com/magacoinfinance Telegram: https://t.me/magacoinfinance Continue Reading: DeepSeek ADA Price Prediction: 2025–2030
The Dogecoin weekly chart is back at a cluster of technical levels that one market watcher says offers a favorable entry. The pseudonymous trader Cantonese Cat (@cantonmeow) posted a TradingView snapshot and wrote, “I bought a little bit more DOGE and Fartcoin last night, but you pretty much knew that. I think it’s great risk-reward here and that I’ll do what I can to buy anyway.” In a follow-up note attached to the same chart, the analyst summarized the setup as a “DOGE Bull market support band back-test. Diagonal bear market trendline breakout and back-test.” Best Dogecoin Buy Signal? The chart, created August 3,, tracks DOGE/USD (Coinbase) on the weekly timeframe and shows price pulling into the Bull Market Support Band—an envelope indicator plotted as two lines—now marked around $0.19025–$0.20703. At the time of the screenshot, the weekly candle displayed O: $0.24076, H: $0.24860, L: $0.18855, C: $0.19945, reflecting a drop of roughly 17.15% on the week with hours left in the session. The drawdown follows a sharp two-week advance that pushed Dogecoin into the upper $0.20s before sellers faded the move. Technically, the image highlights two elements beyond the support band. First is a descending trendline drawn across lower weekly highs, which price moved above on July 16 and is now testing from the topside. Second is the confluence between that trendline and the bull market support band, a zone that trend followers often watch to judge whether a breakout is holding or failing. Related Reading: Historical Data Predicts Dogecoin Price Crash In August — But There’s A Silver Lining The analyst’s post frames the current retreat as a “back-test” of both features rather than a breakdown, implying that demand near the band could keep bulls in control if the level continues to act as support. While the post is explicitly bullish, the evidence presented is descriptive rather than predictive. However, the weekly candle has closed above the crucial area. So, the configuration is clear: after piercing a long-running diagonal barrier, DOGE is revisiting the $0.19–$0.21 area, where the support band is aligned with the former downtrend line. Related Reading: If Dogecoin Loses This Level, Expect A Major Crash: Analyst Warns Traders who subscribe to momentum-and-trend methodologies often evaluate such retests for confirmation—looking for stabilization, shrinking downside momentum, or a swift recovery back above the midline of the band. Cantonese Cat’s message distills that view into a simple risk stance. By stating “I think it’s great risk-reward here,” the commentator is signaling that, in his opinion, the nearby technical levels define risk tightly relative to potential upside should the breakout sustain. As always, that is one analyst’s interpretation of the chart at a specific moment in time; Dogecoin remains volatile, and this week will be pivotal for bulls attempting to confirm the momentum, but the risk-reward ratio seems quite good. At press time, DOGE traded at $0.199. Featured image created with DALL.E, chart from TradingView.com
The UK’s Advertising Standards Authority has banned a Coinbase TV advertisement, signalling a tougher regulatory climate and pushing crypto brands to rethink their messaging. The TV commercial starts with a leaking ceiling, which later breaks, indicating how Great Britain clings to the old traditional financial system. “Everything is just fine, everything is grand,” it says, implying that there has to be a “strategic realignment.” UK’s Approach to Crypto is Conservative, Says Coinbase CEO Following the ban, Coinbase CEO Brian Armstrong voiced strong disapproval of the UK crypto policy. He wrote on X to his 1.5 million followers that the ban has sparked “quite a reaction.” “If you can’t say it, then there must be a kernel of truth in it.” Our ad which got banned in the UK by the TV networks has sparked quite a reaction. If you can’t say it, then there must be a kernel of truth in it. Needing to update the system and improve society is not a political statement on either party in the UK (some have tried to turn it… https://t.co/VJqyYnnI2W — Brian Armstrong (@brian_armstrong) August 3, 2025 Armstrong highlighted how the traditional financial system fails many, while crypto offers a better way to improve that. “Needing to update the system and improve society is not a political statement on either party in the UK,” he wrote. “And it’s not specific to the UK.” Armstrong criticized “a very outdated view” among some UK citizens who equate crypto with gambling. He said that they have “completely missed the potential of crypto,” which is here to update and improve the financial system. “We welcome the attacks and any other attempts to censor this message, as it just helps it spread,” he noted. Some of the Banned Crypto Adverts Still Run in the UK As of January 2025, illegal crypto ads continue to appear in the United Kingdom despite the FCA’s ban on such adverts targeting UK citizens. Per the Financial Times , only 54% of the 1,702 alerts issued by the UK’s FCA have been taken down, while the rest of the banned promotions are still up and running. The @TheFCA crackdown on illegal crypto ads in the UK is falling short, with nearly half still online! #FCA #CryptoAds https://t.co/Fz2oOxZ62y — Cryptonews.com (@cryptonews) January 1, 2025 Further, the regulator hasn’t fined companies that failed to remove crypto ads violating the FCA’s rules. As reported earlier , despite these bans, insiders note the lengthy process required to build cases and issue fines. Former FCA chair Charles Randell stressed the need for stricter enforcement. He said at the time that unless a “very real and present threat of legal action” is visible to authorized crypto exchanges that issue non-compliant ads, “we’re unlikely to see any change.” The post UK Ban on Coinbase TV Ads Sparked ‘Quite a Reaction’, CEO Armstrong Says appeared first on Cryptonews .
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TL;DR XRP holds near $3, but whales sold $2.1B, leaving $2.48 as critical support. On-chain data shows $2.80 is temporary support, with heavier accumulation below $2.48. Analysts track $3.20 breakout level as XRP consolidates between $2.77 and $3.32. XRP Holds Near $3 After Retreat From July Peak Ripple’s XRP traded close to $3 at press time, gaining 5% in 24 hours. The token has dropped 9% over the past week and remains 18% below its all-time high of $3.65, reached on July 18. During the rally, trading volumes crossed $110 million at peak hours as larger buyers entered the market. The price momentum trimmed after sellers stepped in above $3.03 and triggered a short pullback on profit-takers. In the past 24 hours, XRP traded between $2.83 and $3.03. The token has entered the consolidation phase over the past week with an extended lifetime range of between $2.77 and $3.32. On-Chain Metrics Signal Critical Support Levels Data shared by analyst Ali Martinez shows that XRP’s recent market structure is supported by historical accumulation zones. 1.80 billion XRP, or 2.81% of the circulating supply, was previously acquired at roughly $2.80. This zone acts as a temporary price buffer. A firmer support level is positioned below $2.48, where 1.41 billion XRP, or 2.2% of the supply, changed hands. With lighter historical buying between these two zones, current prices remain exposed to sharper moves if selling intensifies. On-chain data shows that past accumulation behavior points to $2.80 as a temporary buffer for $XRP , but real support begins below $2.48. pic.twitter.com/7R7675Ubkz — Ali (@ali_charts) August 3, 2025 Martinez also reported that the Market Value to Realized Value (MVRV) ratio recently formed a death cross, a bearish pattern that can increase the likelihood of extended pullbacks as more holders face unrealized losses. Resistance and Support Levels in Focus Market analyst CRYPTOWZRD noted that XRP and XRP/BTC ended their daily sessions in positive territory. The subsequent resistance limits lie at around $3.30 and $3.65. A breakout above $3.65 would establish a new high. Key daily support is at $2.80, with intraday support at 2.83. XRP Daily Technical Outlook: $XRP closed strongly bullish as XRPBTC recovered quickly. However, one more healthy bullish Daily candle in XRPBTC is necessary to call a complete reversal and push towards $3.6500. I’ll track its intraday chart for the next healthy trade pic.twitter.com/Et2M5DVWWT — CRYPTOWZRD (@cryptoWZRD_) August 4, 2025 Short-term trading setups hinge on the $3.20 level. A confirmed break above it could drive the price action toward $3.23. Failure to hold that threshold may result in sideways consolidation near the lower support zones. In a post on X, analyst CW added that XRP is currently liquidating short positions after clearing highly leveraged longs. CW noted that a move to $3.06 could trigger a wave of short liquidations, which may increase short-term volatility. Whale Selling Increases Market Pressure Large XRP holders have shifted strategy since the July peak. Whales sold more than 700 million XRP worth over $2.1 billion within a single day. These disposals add to immediate selling pressure and can influence smaller market participants to exit positions. XRP’s movements come amid rising altcoin activity while global markets navigate persistent inflation and cautious central bank policies. The post Ripple’s XRP Climbs 5%, But On-Chain Data Flags Further Risks Ahead appeared first on CryptoPotato .
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Cardano’s core development team, Input Output Global (IOG), has secured the green light from the community to receive 96 million ADA, worth approximately $71 million, to support a year-long series of upgrades. Key Takeaways: Cardano’s community approved 96M ADA in milestone-based funding for core development. Oversight will include monthly reports, smart contracts, and governance by Intersect. Planned upgrades aim to boost scalability, reduce costs, and improve developer tools. The proposal passed with a 74% approval rate , garnering 200 votes in favor, six against, and seven abstentions. The vote marks the first time the Cardano community has directly approved treasury funding for core development. Cardano Ties 96M ADA Funding to Milestone Delivery The funding, which will be released in stages, is tied to delivery milestones overseen by Intersect, a member-based governance body for the Cardano ecosystem. IOG will be required to submit monthly progress reports, detailed timesheets, and quarterly budget breakdowns. Smart contracts and a dedicated committee will provide additional layers of oversight to ensure accountability. Among the planned upgrades are enhancements to Hydra, Cardano’s scalability protocol designed for high-speed, low-cost transactions. Project Acropolis, another major initiative, aims to redesign the Cardano node to make it more modular and developer-friendly, key to attracting and onboarding new core contributors. IOG also plans to implement performance improvements to reduce RAM usage and operating costs for stake pool operators, while laying the groundwork for more advanced smart contract capabilities and seamless interoperability with other chains. Currently, Cardano processes blocks in an average of 20 seconds, with a transaction cost of around 0.34 ADA, according to blockchain analytics firm Messari. The proposed upgrades are expected to make the network more competitive and cost-efficient. While the proposal ultimately passed, it did draw scrutiny from several community members. Today, the @IntersectMBO Board of Directors has to resolve a difficult situation. If you are a DRep engaged in the Budget Reconciliation Process, you already know that members of the Intersect Technical Steering Committee (TSC) have put forth a proposal outlining their vision… — Adam Rusch (@AdamRusch) April 28, 2025 Concerns centered around the size of the funding request, a perceived lack of transparency regarding how resources would be allocated, and whether breaking the proposal into smaller, separately voted sections would have been more appropriate. A competing proposal from Cardano’s Technical Steering Committee was submitted but not endorsed by Intersect. Intersect board member Adam Rusch emphasized that it was up to the community to choose the direction forward. Cardano, Solana, Ethereum Lead 2025 Blockchain Upgrade Wave Cardano joins other major blockchain networks rolling out upgrades this year. Solana recently increased its block capacity by 20% to 60 million compute units. Ethereum, meanwhile, raised its gas limit to nearly 45 million and implemented the Pectra hard fork in May, with further upgrades planned for 2025. Last month, Cardano founder Charles Hoskinson said an audit of Input Output Global’s (IOG) ADA holdings is nearly ready for public release , with plans to livestream the full report once finalized. The audit follows a wave of accusations leveled earlier this year, including claims that Hoskinson misappropriated $600 million in ADA through manipulation of the Cardano ledger. One allegation, made by NFT artist Masato Alexander, accused Hoskinson of using a “genesis key” to seize control of $619 million during Cardano’s 2021 Allegra hard fork. Hoskinson has denied the allegations. The post Cardano Development Team Secures Approval for 96M ADA to Advance Network Upgrades appeared first on Cryptonews .
Ethena’s USDe expanded by 75% as growth turned nearly vertical in July. The stablecoin surpassed SkyProtocol’s USDS to become the third-largest stablecoin by supply. Ethena’s USDe expanded its supply rapidly, leaving the months of supply crunch behind. For the past month, USDe grew by 75%, for a total market cap of $9.69B. The USDe supply expanded rapidly in November 2024, leading up to the December peak market. The current expansion may suggest additional months of crypto rallies, based on more reliable sentiment and liquidity. The supply of USDe increased to a new record as Ethena’s model is the strongest during ETH rallies. | Source: DeFi Llama The chief reason for the new minting is the directed move of ETH, rising above $3,800 in the past month. With that scenario, Ethena’s earnings model works better, allowing the platform to support a larger USDe supply. For most of 2025, Ethena kept its USDe supply at a conservative baseline, while ETH dipped under $2,000. The month of favorable conditions led to immediate minting, adding over 4B tokens to the total supply. Almost all other stablecoins expanded in the past weeks, with the total supply adding another $1.96B for the past seven days. USDe is now ahead of previously highly active stablecoins like Binance’s FDUSD. The token also supports several pairs on Curve Finance, trading against USDC, as well as niche stabelcoins FraxUSD and mkUSD. USDe takes over both centralized and decentralized markets One of the chief boosts for USDe comes from Bybit, which now carries over 30% of the token’s trading. Another 20% of the token’s activity is based on Uniswap V3 pairs. Part of the growth of USDe is its improved reputation, which has allowed the asset to become a part of multiple ecosystems. USDe is one of the few synthetic stablecoins to establish a supply close to 10B and shift to both DeFi and general trading. The main attractor for USDe is its staking capability, as sUSDe currently trades at a premium. Over the past year, the premium expanded, from $1.08 to $1.19, with constant growth. However, unstaking sUSDe depends on market conditions, with waiting time expanding if too many traders demand their assets. The supply of sUSDe has also grown to over 5.22B, suggesting currently USDe has around $4B in free supply for other operations. ENA trades near three-month highs Ethena’s native token ENA traded close to its three-month highs at $0.60. The token peaked at $0.68 at the end of July, reflecting the overall market activity. ENA expanded on expectations of an ‘Ethena summer’, showing increased trust in DeFi during the 2025 bull market. The project has also shown it is capable of deflating in a controllable manner during market corrections, without causing outsized contagion. Currently, USDe is in demand for its average APY of 8.85%, which would be possible only during favorable conditions for ETH. The general ETH bullishness is the main factor behind Ethena’s success. In early July, the APY was lower at 3.51%, as the ETH rally was still in its early stages. USDe is still only backed by Ethena’s market conditions, and may be open to liquidations. In this scenario, Ethena will have to reduce the supply again. Cryptopolitan Academy: Tired of market swings? Learn how DeFi can help you build steady passive income. Register Now