| Mobile Web

Search results for UTXO

Crypto

Cardano tests two-way ADA, INJ transfer with Injective in first step toward broader interoperability

Cardano has launched its first live on-chain inter-blockchain communication (IBC) connection with layer-1 blockchain Injective on a testnet, enabling users to send ADA to Injective and move INJ back to Cardano. The Cardano Foundation and Injective called it the start of a new era of interoperability but said it remains experimental. The setup supports only Cardano Preprod and the Injective testnet using valueless test tokens.

Crypto

Bitcoin builds 1.3 million BTC support, weakening resistance as it eyes year high

Bitcoin has entered a zone for another attempt at its year high, with analysis pointing to a large accumulation area near $62,000 that has significantly weakened overhead resistance. On-chain URPD data showed supply was widely absorbed between $61,840 and $63,111, creating a support band where more than 1.3 million BTC changed hands. Analysts see little technical resistance above $65,500 until a potential supply wall near $84,569.

Crypto

Solana flashes new buy signal; break above $85 is next upside pivot

Solana has switched to a buy signal on the Supertrend indicator on a three-day chart, raising expectations of a medium-term rebound. The signal marks the first bullish turn since October last year. Solana rose 16 percent to $83.98 after moving above $78 on June 30. Investors withdrew about 1.5 million SOL, worth about $120 million, from exchanges, while new addresses rose by about 1.6 million over three weeks. The key hurdle is the $79 to $85 zone.