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Cardano price hovers around its key support at $0.72 on Tuesday; a close below could trigger a correction. On-chain metrics support a bearish thesis as ADA daily active addresses and DEX trading volume are falling shazam online casino.
Meanwhile, according to the Avalanche Foundation, more than 30 million contracts have been deployed across all indexed Avalanche Layer-1 (L1) networks. Approximately 10 million were deployed in the past month alone, with accelerating activity across the Avalanche network.
The abduction was prevented when the child’s father intervened and physically confronted the attackers, despite sustaining injuries. The suspects fled in the same van, which was later found abandoned nearby. The Paris prosecutor’s office is leading the investigation, suspecting financial motives linked to the family’s crypto connections.
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The Relative Strength Index (RSI) on the daily chart reads 49, slipping below the neutral level of 50, indicating increasing bearish momentum. The Moving Average Convergence Divergence (MACD) indicator also supports the bearish thesis as it showed a bearish crossover on Sunday, giving a selling signal and indicating a downward trend.
The Relative Strength Index (RSI) on the daily chart reads 49, slipping below the neutral level of 50, indicating increasing bearish momentum. The Moving Average Convergence Divergence (MACD) indicator also supports the bearish thesis as it showed a bearish crossover on Sunday, giving a selling signal and indicating a downward trend.
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Cardano (ADA) trades in red on Tuesday at the time of writing, hovering around its key support level at $0.72. A decisive close below this level could trigger a correction. ADA’s falling daily active addresses and Decentralized Exchange (DEX) trading volume further support the bearish outlook. Adding to this, the technical outlook suggests weakness in momentum and a double-digit fall.
Santiment’s Daily Active Addresses index, which tracks network activity over time, paints a bearish picture for Cardano. A rise in the metric signals greater blockchain usage, while declining addresses point to lower demand for the network.
Bitcoin (BTC) price stabilizes at around $105,200 at the time of writing on Tuesday, just 4% shy of its record peak. The positive narrative builds as JPMorgan CEO Jamie Dimon said the bank will let clients buy Bitcoin on Monday.
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Also, this week’s top crypto news story is the Avalanche Summit in London, expected to start on Tuesday, May 20. The sentiment is that the Avalanche network might make major announcements during the summit.
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Our Crypto news provides comprehensive updates on various aspects of the cryptocurrency and blockchain ecosystem. It includes real-time price movements and market analysis for major cryptocurrencies like Bitcoin and Ethereum, detailing their performance trends and trading volumes. Regulatory developments are also highlighted, covering new laws, enforcement actions, and legal issues impacting the industry, both domestically and internationally. Additionally, news often focuses on technological advancements, such as upgrades to blockchain networks, new cryptocurrency launches, and innovations in decentralized finance (DeFi) and non-fungible tokens (NFTs). This coverage helps investors and enthusiasts stay informed about the dynamic and rapidly evolving world of digital assets.
Latest cryptocurrency market news april 2025
Historically, the second quarter, especially April, has traditionally been one of the best periods for risk assets like Bitcoin. April is considered a traditionally strong month for Bitcoin. According to market data, since 2023 in the current halving cycle, Bitcoin has experienced five corrections exceeding 20%, but each correction has been followed by stronger upward movements.
In the short term (April-June), if the Pectra upgrade lands smoothly, ETH prices may rise with fluctuations due to technical benefits and increased staking demand, targeting around $3,000; but caution is needed regarding profit-taking resulting from the market “buying the rumor, selling the news.”
However, this positive factor may be partially offset by other macroeconomic factors (such as tariff policies), as Trump’s tariff policies could cause inflation. There’s a contradiction between inflation and rate cut expectations as the Fed maintains its forecast of two rate cuts (50 basis points) in 2025, but internal divisions among officials have intensified (fewer officials supporting cuts, more opposing). Meanwhile, core inflation expectations have been revised upward (2025 core PCE expectations raised from 2.5% to 2.8%), coupled with Trump’s tariff policies potentially pushing up import costs, inflationary pressures may limit the Fed’s room for rate cuts. If inflation remains persistently high, Bitcoin may face significant volatility.
In the current high interest rate environment maintained by the Fed, the carry trade opportunities for long-term securities (such as US Treasuries) become more attractive, encouraging foreign investors to increase positions to lock in higher returns. Foreign investors tend to “buy long, sell short,” meaning increasing holdings of medium and long-term US bonds while reducing short-term securities. This strategy may reflect bets on the Fed’s future rate cut path: if rate cuts are delayed, long-term yields remain relatively stable; if rate cuts begin, long-term bond prices will benefit from declining rates.
If March data is strong, it may intensify market concerns about the Fed maintaining “higher for longer” rates, the dollar index may strengthen further, suppressing Bitcoin prices; conversely, weak data may boost rate cut expectations, benefiting the crypto market. Currently, the Fed has slowed balance sheet reduction (reducing the Treasury redemption cap to $5 billion/month starting April), the marginal improvement in liquidity may form a tug-of-war with non-farm data.