Cardano News: $1.22B Volume Could Set ADA on Path to 2-Year High

Cardano’s price surged 14% in 24 hours, driven by increased trading activity and a daily volume surpassing $1 billion. Key support levels at $0.8366 and $0.68 may prevent further declines. Cardano (ADA) has gained momentum, rising nearly 14% in 24 hours amidst heightened trading activity. This surge has pushed trading volumes to $1.45 billion, reflecting…

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Terraform Labs Co-Founder Do Kwon Pleads Not Guilty in US Court

Do Kwon, the co-founder of Terraform Labs, has pleaded not guilty to United States fraud charges related to the $40 billion Terra LUNA crash in 2022. Only two days ago, the Montenegro authorities extradited him to the U.S. According to a Bloomberg report, the troubled co-founder faces nine financial-related charges, including money laundering conspiracy, commodities…

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Bitcoin Premium Index Hits 12-Month Low

The Bitcoin Coinbase Premium Index, a key indicator of institutional and U.S. investor activity, has plummeted to its lowest point in 12 months. This significant drop highlights a notable lack of institutional demand, raising questions about broader market sentiment and confidence among investors. Coinbase Premium Index Hits a 12-Month Low! “This drop not only signals…

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