Altcoin News Official TheBitTimes.com

Cardano (ADA), the native cryptocurrency of the Cardano ecosystem, has shown resilience in the recent market recovery. After hitting a low of $0.32 on July 5, ADA rebounded to $0.45 by July 16 and has since been trading steadily around $0.42.  Despite this consolidation, there are emerging signs that ADA might be gearing up for its next bullish phase. In this context, cryptocurrency analyst Sssebi highlighted that, based on technical indicators and patterns, ADA is poised for a possible rally above the $0.60 mark. Picks for you Here’s when XRP could hit $5.85, according to analyst 30 mins ago Bitcoin poised to hit $263,000 after reclaiming this level, according to analyst 31 mins ago ...

Cardano (ADA) revisited the bearish $0.43 price, punished by macroeconomic indicators and overall negative sentiments in the cryptocurrency market. Finbold looked for insights on key support and resistance levels ADA traders should watch this week. Notably, Cardano has been trading in a well-defined two-month range since April 14, from $0.43 to $0.50. During this time, ADA has made a few brief deviations from the price range but without breaking out. Therefore, the $0.43 and the $0.50 levels remain the most important support and resistance to watch for. A breakout, followed by confirmation with increased volume, from any of these levels would bring a more aggressive move. Picks for you Here's BTC's support level for buying opportunity to watch out closely 27 mins ago ...

Blockchain tracker Whale Alert has attempted to scan FTX’s historical balance checks to find out whether it was possible to spot the collapse sooner. Data transparency has been a focal point for the crypto industry, but the FTX fiasco has shown that centralized exchanges (CEX) are not transparent enough. So far, crypto analytics firms are apparently not capable of tracking transactions to prevent collapses like FTX. All Bitcoin (BTC) transactions are available publicly on-chain, which enables tracking such transactions when sending crypto from one address to another. However, this is not the case when it comes to interacting with a centralized crypto exchange. Cointelegraph spoke with executives at blockchain intelligence firms, including Chainalysis, Nansen and Whale Alert, to learn more insights about tracking illicit CEX transactions on-chain. According to Chainalysis, a major Blockchain Data platform that cooperates with many governments across the world, there is currently no on-...