Cardano must first reclaim four key resistance levels, including $0.34, to improve its technical outlook, an assessment showed. Bitmain Mining founder Giannis Andreou said it is hard to confirm clear upside momentum until ADA retakes $0.34. He cited additional resistance at $0.74, $0.95 and $1.20 and warned of selling pressure at each level. Andreou also flagged downside risk if Cardano fails to recover $0.34.

American Bitcoin (ABTC), co-founded by Eric Trump (에릭 트럼프), has tied up 3,090 of its 8,002 bitcoins as collateral for mining equipment purchases, equal to 38.6% of its holdings. The company keeps the coins on its balance sheet while retaining redemption rights. Disclosures put the pledged bitcoin’s book value at $184.90 million and non-current mining rig purchase liabilities at $371.70 million. ABTC posted a $57.20 million net loss under U.S. accounting standards and raised $33.60 million by selling 2.15 million Class A shares.