| Mobile Web

Search results for ADA

Crypto

AIXC exits crypto treasury strategy, sells bitcoin and ether to pivot to robotics

Nasdaq-listed microcap AIXC has sold all of its digital assets and ended its cryptocurrency treasury strategy. In an amended S-1 filing with the U.S. Securities and Exchange Commission, the company disclosed plans to sell holdings including 33.49 bitcoin, 497.56 ether and 6,325.92 solana, as well as Chainlink, BNB and ADA. AIXC said it had about 50 percent unrealised losses and will pivot to robotics via its RoboShare platform.

Crypto

Cardano rebound scenario emerges at crossroads of $0.19 and $0.95

A new analysis says Cardano may be able to attempt a second rebound after escaping a long-term downtrend structure. Crypto analyst Rana Valentis said ADA has completed an initial bounce after breaking out of a declining channel and could now enter a second rebound phase. The key levels are $0.19 support and $0.24 resistance. A firm break above $0.24 could signal a new uptrend, with targets up to $0.95, though seasonal September weakness may weigh.

Crypto

Cardano down 93 percent, but influencer says he will buy more ADA

Cryptocurrency influencer and Gokhshtein Media founder David Gokhshtein (데이비드 곡슈타인) reaffirmed a bullish stance on Cardano and suggested he could buy more ADA. He replied on X to a user urging others to avoid Cardano and XRP: “I’ll buy more — thanks.” Cardano is down 93.66 percent from its September 2021 high of $3.10 and was around $0.1966. Some market participants say a return to $3.10 would require fresh demand and continued ecosystem growth.