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Cardano (ADA) is climbing past $0.70 with a 10% weekly gain, but technical indicators hint at fading momentum and critical support tests ahead.
Quick Take The second-largest decentralized exchange (DEX) aggregator by volume has activated support for Solana. 1inch said it intends to enable cross-chain swaps soon, connecting Solana to 10 decentralized finance blockchains.
Shiba Inu faces renewed sell-off fears after hackers offload 150 billion SHIB tokens. SHIB battles resistance near $0.0000145 as bullish momentum faces critical test. Longer-term SHIB forecasts predict over 100% upside if market stability returns.
Quick Take A new Bitcoin mining report from Cambridge University says that sustainable energy use by the industry has reached 52.4% — up from 37.6% in 2022. The figure exceeds Elon Musk’s stated threshold of 50% for Tesla to resume allowing bitcoin payment options, though the electric vehicle manufacturer is yet to do so.
- 17:22In the past 24 hours, ETH liquidations reached $180 million, surpassing BTCAccording to Coinglass data, ETH liquidations amounted to $180 million in the past 24 hours, surpassing BTC's $74.25 million. Long positions were liquidated for approximately $99.87 million, while short positions were liquidated for about $79.95 million.
- 17:21US Treasury Secretary: Substantial Progress Made in Trade Talks with ChinaU.S. Treasury Secretary Besent stated that substantial progress has been made in trade negotiations with China, and detailed information will be provided on Monday. U.S. Trade Representative Jamieson Greer indicated that the differences between the two sides are not as significant as previously thought.
- 17:18SOL Surpasses $170Market data shows that SOL has surpassed $170, currently reported at $170.03, with a 24-hour decline of 0.62%. The market is highly volatile, so please ensure proper risk management.