Author: Kryptonews

Key takeaways:ADA technical chart setups converge on a price target around $1.25.Cardano’s open interest has rallied to a record high of $1.95 billion, signaling high speculative interest. Cardano (ADA) is flashing multiple technical and onchain signals, suggesting that a rally to $1.25 is possible over the next few days or weeks. Here are several charts making the case for a near-term breakout.ADA price symmetrical triangle targets $1.25Data from Cointelegraph Markets Pro and TradingView showed Cardano’s price trading within a symmetrical triangle in the daily time frame, as seen in the chart below.Related: Price predictions 9/15: SPX, DXY, BTC, ETH, XRP, SOL,…

Crypto exchange Kraken, the main distribution partner for Backed’s tokenized equities product xStocks, has partnered with Trust Wallet, one of the world’s largest self-custody crypto wallets, to extend the reach of tokenized equities to users. In a Friday announcement, Kraken said it is “bringing interoperable tokenized equities to over 200 million users across the world” by extending xStocks to Trust Wallet users, who will be able to trade tokenized equities by Backed, a provider of collateralized onchain assets. The integration will allow Trust Wallet users to buy and hold 60 different xStocks using a variety of local fiat currencies. It would also…

In brief Publicly traded firm Caliber has acquired $6.7 million worth of LINK as it builds out its Chainlink treasury. The firm intends to do more than accumulate LINK though, it will also integrate the Chainlink network into its daily business. Its next step is hiring the right fit with a history in real estate tokenization and blockchain. Publicly traded asset manager Caliber made its first significant buy of Chainlink (LINK) this week, adding 278,0111 LINK worth around $6.5 million to its treasury, it announced Thursday. The Arizona-based firm has now acquired around $6.7 million worth of LINK in just over…

Key takeaways:Strong onchain Ethereum activity and treasury accumulation sustain Ether’s resilience despite validator queue exit pressure.Spot Ether ETFs’ growth and declining exchange balances reinforce the bullish outlook, positioning ETH for a potential breakout.Ether (ETH) has failed to sustain bullish momentum after briefly rallying above $4,700 on Saturday. Traders have become increasingly risk-averse as Ethereum’s unstaking queue surged to $12 billion. Still, stronger network usage and the growing role of ETH as a corporate reserve asset could provide the spark for a breakout above the $5,000 mark.Blockchains ranked by 7-day fees, USD. Source: NansenFees on the Ethereum network jumped 35% compared…

A little more than a week after a valuable pharaonic gold bracelet disappeared from a conservation lab in Egypt, the country’s Antiques and Tourism Ministry reported that the stolen artifact had been sold for 194,000 Egyptian pounds (around $4,000) and melted down. The 3,000-year-old treasure, adorned with lapis lazuli beads, belonged to King Amenemope, who reigned in Egypt around 1,000 BCE. In the days since the bracelet went missing September 9, it was found to have been stolen from a safe by a restoration specialist, sold to a silver trader, and passed on a gold smelter who recast it with…

The survival of corporate crypto treasuries depends on governance and discipline, according to HashKey Capital CEO Deng Chao. In an interview with Cointelegraph, Chao argued that digital asset treasuries (DATs) are sustainable long-term, but “with an important caveat.” Those that lack risk frameworks, diversify poorly or treat digital assets like speculative bets tend to collapse in volatile cycles.“Resilience comes from discipline,” he said. “Digital assets themselves are not inherently unsustainable; it is how they are managed that makes the difference.”The remarks come just weeks after HashKey launched its $500 million DAT fund in Hong Kong. The fund targets Bitcoin- and…

90 days to Digital Fort Knox starts with Congress, which set a deadline for Treasury to outline a Strategic Bitcoin Reserve and a companion custody plan that would govern federal digital asset holdings.The reported FY2026 Financial Services and General Government bill, H.R. 5166, directs Treasury to deliver a practicability report on a Strategic Bitcoin Reserve and a U.S. Digital Asset Stockpile within 90 days of enactment and to file, on the same schedule, a technical plan for custody and cybersecurity that includes treatment on the federal balance sheet, the role of the Forfeiture Fund, and a list of potential third-party…

The Royal Government of Bhutan transferred more than $100 million worth of Bitcoin this week, raising concerns about potential sell pressure in the market just as the US Federal Reserve delivered its first interest rate cut of 2025.The Bhutan government-labelled wallet moved 913 Bitcoin (BTC) worth about $107 million into two newly created cryptocurrency wallets on Thursday.The original wallet still holds 9,652 Bitcoin worth over $1.1 billion, according to blockchain data platform Lookonchain.The transfers may indicate Bhutan is preparing to sell a portion of its holdings. If the government liquidated its entire stash, it could add more than $1 billion…

Ethereum core developers have confirmed a tentative roadmap for the network’s next major upgrade, Fusaka, during Thursday’s All Core Developers Consensus (ACDC) call. The upgrade, designed to further scale the blockchain, is now scheduled for early December, with follow-up changes aimed at more than doubling blob capacity in the weeks after.Before the Fusaka upgrade reaches Ethereum’s mainnet, developers will push the code through three public test networks in October. If those tests proceed smoothly, the mainnet activation is targeted for Dec. 3. Developers noted that exact epoch numbers and timing will be confirmed in the coming days.Blob Capacity Expansion via…

CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index.The CoinDesk 20 is currently trading at 4324.62, down 2.0% (-88.55) since 4 p.m. ET on Friday.One of 20 assets is trading higher.Leaders: NEAR (+0.1%) and AVAX (-1.0%)Laggards: SUI (-5.6%) and BCH (-4.7%).The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally.