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This aside, Cardano’s prospects are enhanced by other aspects, such as introducing an ADA Exchange-Traded Fund (ETF). A recent Crypto News Flash report suggests that the prediction platform Polymarket now offers a 55% probability of a Cardano ETF being approved by the end of 2025, up a 45% bet from a similar bet placed earlier this year play blackjack for real money.
The Brave browser, which has over 70 million users, has officially added support for ADA in its built-in crypto wallet. Reacting to the news, Cardano’s founder Charles Hoskinson hinted that this is just the beginning. He suggested that several more big updates will roll out through the Summer and Fall of 2025.
The trading activity across major exchanges paints a clear picture. Binance leads with the highest ADA volume at $2.19 million, followed by Bybit at $757,300. Interestingly, Bybit also tops the list for net inflows, attracting $259,750, while Binance follows with $178,300. These inflows show that fresh capital is still cautiously entering ADA markets.
Cardano (ADA) is starting to regain the spotlight as market sentiment turns increasingly bullish. Investors are looking at the possibility of ADA revisiting its all-time high of $3.10, a level last seen in September 2021. With ADA currently trading at approximately $0.728, the cryptocurrency remains about 71% below its all-time high of $3.10 reached in September 2021.
Cardano is a proof-of-stake (PoS) currency, which means that blocks on the Cardano blockchain are not mined using hashing algorithms like Bitcoin. Rather, coins are earned by “staking” existing coins on the network or by running a master node.
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This week, one of the top crypto news stories is Mantle Network’s integration announcement. After the Tectonic Upgrade was implemented in March 2024 and the Mainnet Alpha launch in July 2023, the Mantle ecosystem will undergo a planned update.
However, the Democratic caucus remained divided in its support for the bill; while over a dozen Democrats voted with Republicans to advance it, senior Democratic leadership – including Senate Minority Leader Chuck Schumer and Minority Whip Dick Durbin – voted against invoking cloture.
Trump vs Powell: Stagflation Warnings and Crypto ImpactJerome Powell’s warning about stagflation, tied to Trump tariffs, rattled markets. Trump criticized Powell for delaying rate cuts, adding political drama to financial uncertainty.
This week, one of the top crypto news stories is Mantle Network’s integration announcement. After the Tectonic Upgrade was implemented in March 2024 and the Mainnet Alpha launch in July 2023, the Mantle ecosystem will undergo a planned update.
However, the Democratic caucus remained divided in its support for the bill; while over a dozen Democrats voted with Republicans to advance it, senior Democratic leadership – including Senate Minority Leader Chuck Schumer and Minority Whip Dick Durbin – voted against invoking cloture.
Cryptocurrency news predictions
Roughly six months after the SEC approved the first spot Bitcoin ETFs, the SEC formally approved the first batch of spot Ethereum ETFs in July. Investors have had access to SEC-approved Ethereum futures ETFs since October 2023, but the new spot ETFs are the first to invest in the cryptocurrency itself rather than cryptocurrency derivative contracts.
“Next week, the Senate will make history when we debate and pass the Genius Act that establishes the first ever pro-growth regulatory framework for payment stablecoins,” Republican senator Bill Hagerty from Tennessee, who sponsored the “Guiding and Establishing National Innovation for U.S. Stablecoins (Genius) Act, said in a statement.
Bitcoin has been thrust back into the spotlight by extreme price swings this year, with U.S. president Donald Trump’s assault on the global trade order resulting in wild predictions of total U.S. dollar collapse.
Roughly six months after the SEC approved the first spot Bitcoin ETFs, the SEC formally approved the first batch of spot Ethereum ETFs in July. Investors have had access to SEC-approved Ethereum futures ETFs since October 2023, but the new spot ETFs are the first to invest in the cryptocurrency itself rather than cryptocurrency derivative contracts.
“Next week, the Senate will make history when we debate and pass the Genius Act that establishes the first ever pro-growth regulatory framework for payment stablecoins,” Republican senator Bill Hagerty from Tennessee, who sponsored the “Guiding and Establishing National Innovation for U.S. Stablecoins (Genius) Act, said in a statement.
Bitcoin has been thrust back into the spotlight by extreme price swings this year, with U.S. president Donald Trump’s assault on the global trade order resulting in wild predictions of total U.S. dollar collapse.