Cardano active addresses hit a 4-month high – What’s next for ADA price?

The Cardano (ADA) network utilization has surged to the highest level in four months amid the altcoin’s renewed selling pressure. As of June 5, the active addresses on the Cardano network reached 28,459, according to on-chain data analytics from Santiment. Cardano network utilization and social dominance. Source: Santiment The notable surge in Cardano network coincided […]

Will Bitcoin drop below $60K as market selling pressure intensifies?

Bitcoin slipped below $62,000 on Friday, briefly approaching the $61,000 level as weakening demand and rising selling pressure from short-term holders weighed on sentiment. The move comes amid a broader risk-off environment across global markets. The momentum indicators remain bearish, suggesting further selloff in the near term. Bitcoin demand continues to decline Bitcoin is down […]