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Crypto

Risk assets slide as oil rises; bitcoin pulls back below $80,000

Bitcoin retreated to about $77,600 after failing to break the $80,000 level, down 0.7 percent since midnight UTC, CoinDesk reported. Risk assets weakened as oil rose 1.5 percent to $103 a barrel after reports the United States seized three Iranian tankers in Asian waters. Ether fell 2.5 percent to $2,320. Futures open interest eased but remained high, while negative perpetual funding pointed to bearish leverage.

Crypto

One click to grow Bitcoin: Charles Hoskinson unveils ADA plan

Charles Hoskinson (찰스 호스킨슨), founder of Cardano (ADA), set a goal of launching a Cardano-based Bitcoin yield system within the year. The plan focuses on enabling Bitcoin holders to earn returns with a single click without going through complex DeFi steps. It uses an automated structure that lends Bitcoin, secures stablecoins and deploys them into Cardano’s RealFi applications, then uses profits to buy more Bitcoin and return accumulated Bitcoin to users.

Crypto

Cardano sentiment turns bullish as Midnight token NIGHT stays bearish

Investor sentiment in the Cardano community has tilted bullish, but the partner-chain token NIGHT remains in a bearish zone, according to CoinMarketCap user voting. Cardano recorded a 79.5 percent bullish vote share, ranking ninth among cryptocurrencies with the strongest bullish sentiment. NIGHT ranked fifth among tokens with strong bearish sentiment, with a 33.8 percent bearish score. Daily price moves diverged, with Cardano up 0.95 percent and NIGHT up 3.02 percent.