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Cardano Addresses With $2.7B ADA Hit Break Even As ADA/BTC Bottoms Out

In a notable development for the Cardano (ADA) ecosystem, addresses holding approximately 2.7 billion ADA tokens have reached break-even status following a significant downturn in the ADA/BTC trading pair. The milestone signals renewed investor confidence in ADA’s long-term prospects despite recent market volatility.

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In a notable development for the Cardano (ADA) ecosystem, addresses holding approximately 2.7 billion ADA tokens have reached break-even status following a significant downturn in the ADA/BTC trading pair. The milestone signals renewed investor confidence in ADA’s long-term prospects despite recent market volatility.

According to recent data, addresses holding a substantial amount of ADA tokens, totaling approximately 2.7 billion ADA, have seen their investments return to break-even levels following a period of downward price movement in the ADA/BTC trading pair. The achievement comes as ADA’s price stabilizes and shows signs of recovery after reaching a bottom against Bitcoin.

The break-even status of these addresses suggests that investors who accumulated ADA during previous price peaks have now regained their initial investment value. This development reflects growing optimism and confidence in ADA’s fundamentals, including its technology, ecosystem, and potential for future growth.

The recent price action in the ADA/BTC trading pair, which saw ADA reach a bottom against Bitcoin, provided an opportunity for investors to accumulate ADA at more favorable prices. The subsequent recovery in ADA’s price against Bitcoin has resulted in profits for those who accumulated ADA during the recent downturn.

The achievement of break-even status by addresses holding 2.7 billion ADA underscores the resilience and attractiveness of ADA as a long-term investment. Despite short-term market fluctuations, investors remain bullish on ADA’s prospects and continue to accumulate tokens in anticipation of future price appreciation.

The milestone also highlights the importance of strategic accumulation and hodling strategies in the cryptocurrency market. By remaining patient and holding onto their investments during periods of volatility, investors can capitalize on market opportunities and maximize their returns over time.

Looking ahead, the Cardano ecosystem continues to evolve and expand, with numerous developments and upgrades planned for the future. From the rollout of smart contracts on the Cardano blockchain to the growth of decentralized applications (dApps) and the expansion of the ADA ecosystem, the future looks promising for Cardano and its community of supporters.

In summary, the achievement of break-even status by addresses holding 2.7 billion ADA signals renewed optimism and confidence in Cardano’s long-term prospects. As the ecosystem continues to mature and evolve, investors remain bullish on ADA’s potential for future growth and adoption, underscoring the resilience and attractiveness of the project in the ever-changing cryptocurrency landscape.

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Bitcoin price risks drop to $71K as Trump tariffs hurt US business outlook

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Bitcoin is setting its sights on the $71,000 mark as market conditions shift in response to geopolitical and economic developments, including a new tariff agreement and weakening U.S. business sentiment.

Recent market activity suggests that Bitcoin is benefiting from concerns over traditional economic indicators, with investors turning to digital assets as a hedge against economic uncertainty. A rare slump in U.S. business outlook has fueled speculation that risk assets, including Bitcoin, could see increased inflows.

Additionally, ongoing global trade negotiations and tariff adjustments have contributed to market volatility, prompting investors to seek alternative stores of value. Analysts suggest that if macroeconomic pressures persist, Bitcoin could continue its upward trajectory, potentially testing the $71,000 resistance level.

Despite short-term fluctuations, Bitcoin remains a focal point for investors navigating inflation concerns, regulatory shifts, and global economic trends. The coming weeks will be critical in determining whether Bitcoin can sustain its momentum and break through key price barriers.

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Crypto donations top $1B in 2024, gain traction after Myanmar, Thailand quake

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Changpeng “CZ” Zhao, the former CEO of Binance, has donated 1,000 BNB to aid relief efforts following a powerful earthquake that struck the Thailand-Myanmar border region. The donation, valued at approximately $600,000, aims to support those affected by the disaster and assist in recovery operations.

The earthquake caused significant damage in several areas, displacing residents and impacting local infrastructure. CZ’s contribution highlights the growing role of cryptocurrency in humanitarian aid, providing fast and transparent relief funding.

The donation will be distributed to organizations working on the ground to deliver emergency assistance, including shelter, food, and medical supplies. Crypto-based aid is increasingly being utilized in disaster response efforts due to its efficiency in reaching affected communities without the delays of traditional banking systems.

As the affected regions begin the recovery process, the crypto community continues to demonstrate how blockchain technology can play a meaningful role in global humanitarian initiatives.

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Hackers are selling counterfeit phones with crypto-stealing malware

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Security researchers have uncovered a wave of counterfeit Android devices preloaded with malware designed to steal cryptocurrency, posing a significant threat to users worldwide. The infected devices, which mimic popular smartphone brands, contain malicious software capable of hijacking digital wallets and siphoning funds.

The malware, embedded at the firmware level, allows attackers to gain remote access, intercept sensitive data, and execute unauthorized transactions. Because the malicious code is deeply integrated into the device’s operating system, it is difficult to detect and remove, making it a persistent threat.

Cybersecurity experts warn that unsuspecting buyers may unknowingly expose their crypto holdings to risk by purchasing these compromised devices from unverified sellers. Users are urged to exercise caution by only purchasing smartphones from trusted retailers and manufacturers.

The discovery highlights the growing sophistication of cybercriminals targeting the cryptocurrency sector. As mobile-based crypto transactions become more common, security measures such as hardware wallet usage and multi-factor authentication are increasingly essential to safeguard digital assets from emerging threats.

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