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Crypto

Cardano rebounds above $0.25 support, $0.53 target also seen

Cardano has held the $0.25 support level again, raising the prospect of further gains. Crypto analyst Ali Martinez said Cardano could climb to $0.36 in the short term and later to $0.53 if it stays above $0.25. He warned that a breakdown below $0.25 could weaken the bullish view and lead to a deeper correction. Cardano is up 10.93 percent in a week but remains down 17.48 percent year-to-date.

Crypto

Morgan Stanley spot bitcoin ETF MSBT posts zero net outflows in first month

Morgan Stanley\'s spot bitcoin exchange-traded fund MSBT attracted $194 million in its first month and did not post net outflows on any day. The Block Crypto reported that no rival spot bitcoin ETF maintained the same streak over the period. MSBT logged $30.6 million of net inflows on its first day of trading on April 8. Its pace of inflows later slowed but remained positive, even as the broader market showed volatility.

Finance

Potato derivatives post month\'s best return after 705 percent surge

Potato derivatives prices surged about 705 percent in less than a month, becoming the top-performing asset in global financial markets and outpacing cryptocurrencies, U.S. equities and oil. Data cited by BeInCrypto showed Bitcoin and Ethereum gained far less over the same period. Markets have pointed to geopolitical risk and supply-chain concerns, with Euronews reporting potato prices rose sharply per 100 kg.