Blockchain sleuth Zackxbt called out former boxing world champion Floyd “Money” Mayweather about his fraudulent token activities. Answering a now-deleted post on X where Mayweather promoted a Solana address for his token, Zackxbt asked if the boxer deserved a 13th chance, given the numerous failed and disappeared projects he had promoted before. Zackxbt stressed that […]
Bitcoin News
This Crypto Expert Called The Bitcoin Top in 2021, Now He’s Calling The Bottom In 2024
As the Bitcoin price continues to fluctuate wildly, the question in every investor’s mouth right now is when the digital asset will find its bottom. For some, the bottom has already been met, while for others, there are still more price crashes to come. However, one analyst’s prediction in particular stands out and this is due to his track record of accurately calling the top of the market back in the 2021 bull market.
Crypto Expert Says Bitcoin Bottom Is In
Crypto expert Dave the Wave first came into prominence back in 2021 when he had accurately predicted the Bitcoin top. Given this, Dave’s analysis holds weight in the crypto market, so it is no surprise that his most recent prediction calling the Bitcoin bottom is making the rounds.
Related Reading: Gaming The System: Pundit Reveals Why XRP Price Will Reach
In the analysis which was posted on X (formerly Twitter), the crypto analyst points to a number of indicators that show that the Bitcoin bottom has already been reached. One of these is the MACD which the analyst reveals is still far off from the levels from the last bull market.
In addition to the MACD still trending below this level, the crypto expert points out that the crypto market is more mature than it was. Given this maturing market, Dave the Wave stated: “It wouldn’t at all surprise me to see something different develop, pattern-wise, over the longer time frame.”
The analyst suggests that the Bitcoin low is actually in, and given that the price had fallen to ,000 a couple of weeks ago, Dave’s analysis suggests that that is as low as the price will go. If this holds, then it is possible that the Bitcoin price will not fall below ,000 before it resumes its bull rally.
BTC Price Expectations Still Bullish
Despite the slow momentum that has plagued the Bitcoin price, investors continue to be bullish on the cryptocurrency. This is evidenced by the Bitcoin Fear & Greed Index maintaining a firm grip on the Greed territory, showing that investors are still willing to buy into the market.
Related Reading: Theta Network Breakout Imminent: Why A 100% Rise Is Possible From Here
Furthermore, predictions from crypto analysts such as Rekt Capital have shown expectations for further price increases. Rekt Capital predicts that the BTC price will still cross 0,000 as long as the price is able to break above ,000 and hold this level.
However, elsewhere in social media, there is a change in tide for the BTC price as social sentiment begins to fall to bearish headwinds. Santiment, an on-chain data aggregation platform, revealed that the Bitcoin social sentiment has seen a 14% drop in the last week.
Dogecoin Plunges 5% After Elon Musk Gets Called Back For Twitter Probe
The cryptocurrency market was rattled as Dogecoin (DOGE) experienced a significant 5% decline in value, sending shockwaves through the industry. This decline, which caught many investors off guard, is attributed to a combination of factors that have created a cloud of uncertainty around the popular digital asset.
Firstly, the overall market sentiment towards cryptocurrencies has been bearish, with many investors becoming more cautious due to regulatory concerns and the ongoing legal troubles of influential figures in the industry.
Elon Musk’s Issues Affect Dogecoin Price
Elon Musk, the enigmatic figure known for his support of Dogecoin, was called back to provide testimony in a regulatory investigation regarding his purchase of Twitter. This has cast a shadow over the future of Dogecoin, as the outcome of Musk’s legal battles could have far-reaching implications for the cryptocurrency.
ELON MUSK MUST TESTIFY AGAIN IN REGULATOR’S PROBE INTO TWITTER ACQUISITION — U.S. COURT RULING
— *Walter Bloomberg (@DeItaone) February 11, 2024
Technical indicators further compound the challenges facing Dogecoin, as they reveal that the coin’s bulls are struggling to gain momentum. The rejection at the 50-day Exponential Moving Average has created a strong resistance level, hindering any significant upward movement.
Additionally, Dogecoin is at a critical juncture due to declining trading volume, signaling a potential period of consolidation or a waning interest in the digital asset.
#Dogecoin is experiencing a decrease in transaction volume and whale transaction count, which typically indicates lower trading activity. This could be a sign that fewer people are buying, selling, or transferring #DOGE, possibly due to reduced interest or confidence in it! pic.twitter.com/SiKNxx4FhN
— Ali (@ali_charts) February 12, 2024
The uncertainty surrounding Dogecoin is exacerbated by the possibility of it being classified as an investment akin to a stock, which could subject it to stringent regulations and negatively impact its value. If judges rule in this manner, it could deter potential buyers and erode the coin’s value, posing a significant threat to its future.
There’s Still Light Ahead
Despite these challenges, there is still a glimmer of hope for Dogecoin’s supporters. A potential recovery in the cryptocurrency is on the horizon if it can maintain its position above the 200-day moving average and overcome the negative sentiment stemming from Musk’s legal woes. However, a breach of this support level could lead to further declines and test lower support levels, potentially dropping to .065.
The decline in Dogecoin’s market capitalization and trading volume underscores the unpredictable nature of the cryptocurrency industry. As the market leader grapples with these challenges, it must adapt to the rise of other cryptocurrencies and find ways to distinguish itself.
Featured image from Pexels, chart from TradingView
Crypto Analyst Who Called Bitcoin’s Parabolic Rally Picks Altcoin Set To Pop
Predicting the Bitcoin price movements and when altcoin prices will rally again is not a small feat but one analyst has managed to do so. Crypto analyst TonyTheBull has been calling for a bull market, saying that this cycle differs from previous ones in the fact that there will be a rally this year.
This proved to be true last week when the price of Bitcoin started surging and hit as high as ,100. Now the analyst has called the next altcoin to outperform, and it already is.
Fetch (FET) Is Next Altcoin In Line
In the latest iteration of the CoinChartist (VIP) newsletter, crypto analyst TonyTheBull revealed that Fetch (FET) was his next pick after the Bitcoin breakout. He revealed that he had previously bought FET which ended up outperforming in January, and believes the same will be the case here as well.
FET which is one of the top AI-powered crypto tokens is already on the rise after the analyst called it at the .24 level. TonyTheBull also posits that a Raging Bull indicator flipping on would be able to confirm further upside. “Waiting for the Raging Bull to turn on would help confirm increased bullishness in the altcoin,” the newsletter read.
The Raging Bull Indicator, explained the analyst, “was designed using the Relative Strength Index to help indicate when Bitcoin or other assets are in a bull market, and more importantly, and impulsive like trend.” Basically, this indicator helps to show the strength of a cryptocurrency.
Looking at FET’s performance since the call, it has already climbed over 30% and is now trading above .3, hitting a local peak of .32 on Wednesday.
Bitcoin Not The Only One Looking Good
Despite Bitcoin still looking incredibly bullish on the charts, the analyst points out some altcoins that have had their Raging Bull Indicators turned on this year as well. The first on the list is Solana whose indicator turned on for the first time since 2022. Following this, the digital asset went on a massive run but it might not be done.
TonyTheBull revealed that the last time this indicator was turned on, Solana blew up by 500%, and then continued on to do a 17,000% rally. So if it sticks to historical performance, the Solana rally might only be in its early stages.
The next altcoin to appear on the list is Chainlink’s LINK. LINK moved from around to over in a matter of days. But just like Solana, this coin may only be in its early stages. LINK’s Raging Bull Indicator last turned on in 2019 and the coin saw a “700% in the near term, and more than 9,000% in total.” The analyst further added, “This might not be a setup to sleep on.”
‘Verified Satoshi’ Handle on X Triggers Debate Among Bitcoin Circles, Elon Musk Called to Act
On the social media platform X (formally Twitter), an account created in 2018 is causing a lot of uproar as the account is called “@satoshi,” and has a verified check mark confirming its identity. A few bitcoin influencers have called on Elon Musk to remove the account’s checkmark, and others, including a Community Notes post, suggested the account is associated with the Australian Craig Wright.
A Tangled Tale of Crypto-Identity — ‘Satoshi’ Account Stirs Controversy on X Platform
This week, an account with the handle “@satoshi,” has sparked discussion in bitcoin and crypto circles. The account, created in May 2018, posted for the first time on October 2, 2023, since its last post recorded on October 31, 2018. The account itself has a blue checkmark, follows no one, and has more than 75,000 followers. The X post published on Monday said:
Bitcoin is a predicate machine. Over the following months, we shall explore different aspects that were not explicitly contained within the white paper. These aspects are all parts of bitcoin, and are important. Some of these ideas were touched upon in the early years; now is the time to extrapolate and explain.
The post on October 31, 2018, nearly five years ago, was a thread that contains the white paper written within the 280-character limit for each post. The post published this week on October 2, has a Community Notes fact-check attached to it that says, “This isn’t the real Satoshi Nakamoto, creator of Bitcoin. It’s an account related to Craig Wright, who claims to be Satoshi with no material proof.”
The Community Notes fact-check includes a few cited sources, one being a social media post from Christen Ager-Hanssen, the former Nchain Group CEO. Ager-Hanssen recently posted on X that he doesn’t believe Wright, Nchain’s chief scientist, is Satoshi Nakamoto, the creator of Bitcoin.
Regarding the @satoshi X account, Ager-Hanssen said, “Isn’t it a coincidence that @satoshi account is used during this time when I expose Craig? That account has been taken over by Craig. The previous owner is a Craig Wright fanboy [Andy Rowe]. Don’t be fooled guys.” Ager-Hanssen also shared a screenshot of Rowe posting about managing the account in 2018. On June 1, 2018, Rowe posted:
I curate quotes from Satoshi Nakamoto at @satoshi. AMA!
Following the @satoshi tweet, several people expressed disdain for the account. “CSW drivel – ignore,” Nic Carter posted in reply to the account’s latest statement. The account called Pledditor urged X owner Elon Musk to have check marks removed from the account and the X account @bitcoin. “Hey [Elon Musk], the @bitcoin and @satoshi accounts are in breach of your terms of service for using ‘misleading and deceptive’ identities.”
Outlining the rules of the social media platform, Pledditor wrote that one can’t misappropriate someone else’s identity without disclosing it’s a parody account. “It’s no different than making a fake ‘Tesla’ or ‘Elon Musk’ account,” the account added. The @satoshi account tweeted about the criticism it received since its tweet.
“Bitcoin was created for everyone,” the account wrote. “The next halving is an important predicted occurrence when transaction fees are meant to start to supplant the mining subsidy. There are many who do not want you to know the truth. It is not that they want to silence this account. They want to silence you. 2024 is the year of the Dragon.” This specific X post also contains a Community Notes fact-check attached to it.
The Community Notes tethered to that post says:
Readers added context they thought people might want to know: Craig Wright claims to be Satoshi Nakamoto, but has been proven to be a fraud. He controls this account and it should not be trusted.
What do you think about the @satoshi X account? Share your thoughts and opinions about this subject in the comments section below.
Crypto Exchange Coinbase Launches Ethereum L2 Scaling Network Called Base
The cryptocurrency exchange Coinbase has announced the deployment of Base, an Ethereum layer two (L2) scaling network, after developers launched the Base testnet on Thursday. The company said it is incubating Base within Coinbase and that the L2 chain will progressively decentralize over time.
Coinbase L2 Scaling Platform Aims to Help Scale the Crypto Economy
Coinbase is joining the competition of Ethereum L2 scaling projects, such as Polygon, Arbitrum, Optimism, Loopring, Starknet, and others, by launching an L2 called Base. The company announced the launch of the Base testnet on Thursday and advised the public to stay tuned for the upcoming mainnet launch.
On Twitter, Coinbase stated, “Base is an Ethereum L2 that offers a secure, low-cost, developer-friendly way for anyone, anywhere, to build decentralized apps. Our goal with Base is to make onchain the next online and onboard 1B+ users into the crypto economy.”
The cryptocurrency exchange explained that Base will be open-source and will leverage Optimism’s OP Stack. Coinbase detailed it is also collaborating with Optimism. “We see this toolkit as an open platform that anyone can contribute to, fork, and extend to help the crypto economy scale,” Coinbase’s blog post said.
Initially, Coinbase will have more control, but Base’s vision is to become fully permissionless over time. “Base will progress from a Stage 0 to Stage 1 rollup in 2023 and a Stage 2 rollup in 2024,” the announcement noted. Furthermore, the blog post stresses that Coinbase has ‘no plans to issue a new network token.’ While Base will be a separate network, it will be powered by Ethereum and leverage the underlying security of Ethereum.
Coinbase also announced the launch of a Base Ecosystem Fund to support early-stage projects working with Base, as long as they meet the company’s investment criteria. Like many L2 platforms, Base will offer lower fees than the cost to transact onchain with Ethereum. This week ETH fees are higher than usual, and the L2 protocol Arbitrum, which offers lower fees, outpaced Ethereum’s daily transaction count.
‘Base offers full EVM equivalence at a fraction of the cost and is committed to pushing forward the developer platform,’ the blog post describing the L2 Base explains. After the Coinbase announcement, the native token of the L2 scaling network Optimism, OP, rose 7.4% against the U.S. dollar. Optimism has recently revealed its plans to upgrade its network in March.
When Coinbase launched the Base testnet, people on social media complained about a bumpy start. Coinbase Web3 developer Roberto Bayardo explained that the issue was fixed and noted that a lot of people were bridging. ‘We’re submitting the contracts for verification now,’ Bayardo added.
What are your thoughts on Coinbase’s entry into the Ethereum L2 scaling space with the launch of Base? Let us know what you think about this subject in the comments section below.
Litecoin, ‘2nd Most Active Crypto,’ Rises After Analyst Called LTC Holders ‘Idiots’
Litecoin, an altcoin being hailed as the “digital silver” of the cryptocurrency space, has once again rewarded its faithful investors and holders as it mounted a massive recovery after bottoming out at .
Interestingly, the token made its bounce back shortly after CNBC host Jim Cramer went out of his way to call holders of LTC idiots.
Cramer, who has already earned a reputation for his inaccurate crypto price predictions, has already been thanked by the Litecoin community for his antagonistic remarks that ironically triggered the digital coin’s price increase.
“I would not touch crypto in a million years, because I wouldn’t trust the deposit bank,” Jim Cramer says while discussing the fallout of the collapse of FTX. https://t.co/0VbM5tYThE pic.twitter.com/9kqVMvbSOw
— CNBC (@CNBC) December 23, 2022
Some analysts believe that the host’s comments might have been fuelled by the fact that LTC was forecasted to be in a continued downward trend after abandoning its local high of .5 and tumbling all the way down to .
Litecoin Reverses Its Bearish Trajectory
The 16th largest cryptocurrency with a total market capitalization of .93 billion once again showcased its resiliency as it got back some of its losses over the last few days.
In fact, according to tracking from Coingecko, at the time of writing, Litecoin was changing hands at .69 and is enjoying an increase in value of 5% over the last week.
It is still several dollars away from its local high, but LTC is proving to be one of the best performers in the space that is being plagued by continued market uncertainty.
The crypto, however, needs to do an even better job of moving up if it hopes to get back on the “green zone” as far as its month-to-date performance is concerned.
LTC Rides Momentum Of Some Positive News
Litecoin is ranked as the second most active cryptocurrency today
Source: Messari Chain Activity Native assets ranked by the estimated on-chain transaction volume in the last 24hrs. #Litecoin is consistently in the top 5 most active blockchains. pic.twitter.com/yrfrnr7GCZ
— Litecoin (@litecoin) December 27, 2022
Although it ended up being caught in a bearish movement just recently, Litecoin seems to benefit from some developments that involve the crypto asset.
For one, at press time, over the last 24 hours, the altcoin ranked second in the list of most active cryptocurrencies as reflected from the data shared by the Messari Chain Activity native assets ranking. LTC consistently makes it to the top five in this listing.
In addition, during the previous week, the number of active addresses holding the crypto remained consistent and its trading volume also registered an uptick.
These factors indicate that the digital silver has managed to gain some ground and is priming itself for another strong showing before the year ends.
In fact, Coincodex’s 5-day and 30-day forecasts for the digital token are both bullish, indicating that it will trade at .74 and , respectively.
IRS Called Cryptos And NFTs A Mountain Of Fraud
The IRS is hot on the trails of cryptocurrency and non-fungible tokens. They see these as fertile grounds for fraud, including tax evasion, market manipulation, and money laundering. Unfortunately, whether it’s a celebrity or not, people are always susceptible to getting into the trap.
The popularity of digital assets has created a new challenge for government agencies to regulate this modern-day currency. Regulators are working out how best to enforce existing laws and deter investors from engaging with criminal activity. But it will be an uphill battle without more resources or workforce.
The Los Angeles field office of the IRS’ criminal investigation division is on a task to pursue tax crimes and related financial matters. “We’re just seeing mountains,” said Ryan Korner, their special agent-in-charge.
Late Tuesday, at a virtual event, Korner said that celebrities are not immune to criminal probes from IRS. “We’re out there looking for anyone who makes openly or deliberately blatant statements requesting intervention on behalf of our agency,” he added, also referring specifically in this case towards an investigation into tax evasion, which may lead them to be more discreet about their finances in the future if found guilty.
IRS Crack Down on Crypto Financers
The IRS is cracking down on cryptocurrency financers. The investigative division of the agency seized .5 billion worth in assets during 2021, accounting for 93% of all financial crimes seizure by them that time frame, and they ended up with 80 cases still actively working where their primary violation was tied to cryptocurrency activity.
When law enforcement agencies see people paying millions for digital assets, like NFTs, without any inherent value, they can be curious. Korner says criminals could use these purchases as cover and launder money from criminal enterprises like drug trafficking.
Bitcoin price is still steady between K to K | Source: Tradingview.com
The rising concern among law enforcement officers is especially apparent with recent incidents where criminals have purloined vast sums from innocent victims using cryptocurrency transactions which allow them anonymity while transferring funds internationally.
The market is flooded with NFTs and crypto, making it easy for manipulation. High-profile investors have the power to sway prices with just one tweet.
Floyd Mayweather and DJ Khaled are no strangers when promoting social media campaigns. Still, this time the Federal Agency hit the two with Federal charges for failing to disclose their ties after running an advertising scheme in which certain companies paid them.
The Internal Revenue Service is investing in training all of its agents. So they will know how to deal with crypto and NFT affairs. Because “this space represents the future,” according to Korner.
The head of the agency says they’re working closely with other federal agencies, including the Justice Department. This way, everyone can stay ahead in their respective fields while ensuring they’re all working together seamlessly against criminals.
Featured image from Pixabay, chart from TradingView.com
Beyond DEX: The Future of Crypto Trading on Solana Is Called Secretum
Crypto asset trading has continued to skyrocket in 2021, hitting new and unprecedented records:
- Volumes reached .8 trillion in April 2021 when bitcoin hit its all-time high.
- Between August 2020 to 2021, the traded value on large decentralized exchanges (DEXs), like Curve, Uniswap, and PancakeSwap grew by about 550%
- Major centralized exchange (CEX) Binance’s spot cryptocurrency trading volumes totaled 9 billion in September, versus 4 billion (€390.7 billion) in July, while derivatives volumes jumped almost 25% to .7 trillion.
DEXs have been gradually grabbing market share from CEXs:
One of the major drivers of this trend is the perceived superiority of DEX on many fronts:
- DEXs replace a centralized authority with automated protocols that enable trading and direct swapping of tokens, while CEX users give up control of their assets to the exchange’s servers.
- DEXs provide the user full control of their assets, eliminating jurisdictional constraints, and negating the need for KYC procedures.
- DEXs generally have lower trading fees compared to CEXs.
Despite their ongoing success, DEXs are still affected by a series of significant challenges.
- They operate on smart contracts only, limiting their trading capabilities.
- Most DEXs offer limited liquidity, therefore asset prices are often priced inefficiently.
- Transaction speeds may be slow as they need to be checked and validated on a blockchain network by the network’s miners, not the exchange.
- Most DEX platforms are considered to be not user-friendly.
Moreover, DEXs have been the subject of a growing number of cyber thefts and hacks:
- In March 2021, the DODO DEX experienced a smart contract hack, with the attackers stealing approximately .8 million in cryptocurrency.
- In August 2021, hackers stole more than 0 million of digital tokens from the Poly Network DEX.
- Half of all crypto hacks in 2020 originated from DeFi protocols and DEXs.
DEXs have not been able to solve the many security challenges of CEXs. As the crypto trading sector continues to expand, there is a strong market demand for a definitive trading solution – one with all the advantages of DEXs, without its weaknesses. This solution is about to come to market, and its name is Secretum.
Secretum: Crypto Trading, Reinvented.
Secretum is the world’s first and only fully decentralized, encrypted, and secure trading DApp built on the Solana Blockchain. The major innovation of Secretum is enabling the trading of all crypto assets (fungible and NFTs) directly between users, via a hybrid messaging + trading function. The defining features of Secretum are a game-changer for crypto trading.
- A secure and anonymous sign-up process, which only needs the user’s crypto wallet address – no emails, names, or other personal data.
- An easy, intuitive, and purely P2P trading interface to send and receive cryptocurrencies and NFTs.
- A unique search function to locate the owners of specific NFT assets, enabling two parties to connect to each other solely via wallet address and trading.
Secretum’s advantages over DEXs are significant:
- No risks of sensitive data leaks and full protection of the identity of crypto-asset owners. All data is stored on the independent and verified nodes in the Secretum network, with no central point of failure.
- Record low fees and almost instant trades, thanks to Solana’s capability of 50,000 transactions per second and an average cost per transaction of only .00025. This compares favorably to the 1% to 0.3% + gas fees usually charged by DEXs.
- Traders are able to contact each other directly and find hidden liquidity in crypto markets – improving execution times and prices.
Secretum is ready to unleash its platform at a time where major DEXs are reaching valuations well into the billions of dollars:
As crypto trading continues to grow, hacking attacks and cyber theft will become an even larger threat in terms of frequency and size. Investors will therefore highly value a superior trading and private messaging platform with unrivaled security features. By leveraging the power of the Solana Blockchain to offer unique benefits to crypto traders, Secretum is positioning itself to be that platform. Secretum litepaper.
Why Cardano’s Hoskinson Called Proof-of-Work a Road to Nowhere
Cardano’s inventor and IOG CEO Charles Hoskinson commented on Bitcoin’s hashrate dropped after a blackout struck some small counties in the province of Xinjiang.
Major Bitcoin mining pools saw their hashrate crashed. As informed by Primitive Crypto founder partner Dovey Wan, F2Pool, AntPool, Poolin registered a drop of up to 33%.
these are pools affected the most by the incident. the accurate numbers at the global hash rate level will take days to refect
charts made by @officialpoolin stats and h/t from local news outlet 吴说区块链 pic.twitter.com/0Wgsng3OBN
— Dovey “Rug The Fiat” Wan🪐🦖 (@DoveyWan) April 16, 2021
Although the hashrate has been quickly climbing back up in the past day, the incident has been used to highlight what some consider a “Bitcoin problem”. Hoskinson shared an article on the incident via his Twitter handle and said the following:
Proof of stake doesn’t suffer from this problem wake up people! Nakamoto consensus is a road to nowhere.
In 2020, Cardano transitioned from a Proof-of-Work consensus algorithm to a Proof-of-Stake. This event initiated Cardano’s Shelley era. Hoskinson said in a previous interview that the former has more advantages than the latter.
Adding that currently there is a “great movement of value” from PoW to PoS like Ethereum 2.0, Polkadot, Cardano, and others, IOG’s CEO predicted a “distribution of wealth” to these blockchains in 2021. Hoskinson added:
The issue is it can never get better by design. The more successful bitcoin gets, the higher the price goes; the higher the price goes, the more competition for bitcoin; and thus, the more energy is expended to mine.
However, Castle Island Ventures general partner Nic Carter said a daily 40% down on Bitcoin’s hashrate should be a percentage to be handle carefully. Carter added:
Whole decline not statistically significant (HR variance extremely high). Need to look at longer timeframes (ideally 7d) to determine effect on hashrate.
He said the event could shed new light on Xinjiang percentage of Bitcoin’s hashrate during the dry season. Data on this subject is over a year old, as Carter said, speculating on the possibility that a Bitcoin’s HR in China could be migrating abroad:
Lastly – to those ppl who think a China ban on mining would kill bitcoin – this is what it would look like – blocks would be slow for a while and that’s it. Banning mining in 1 place doesn’t make bitcoin any less secure – no “required” threshold for hashrate.
Cardano (ADA) could go to
At the time of writing, ADA is trading at ,25 with a 10% pullback in the daily chart. In the weekly and monthly chart, ADA is showing a 2.4% and 0.9% profit.
![Cardano ADA ADAUSDT](https://www.newsbtc.com/wp-content/uploads/2021/04/Cardano-ADA-ADAUSDT-1-860x424.png)
The CEO of Ajoobz “Elja” said ADA has managed to set “strong supports” at ,20 and ,22 after yesterday’s crash in the market. Elja expects a “relief bounce” from the current levels and if ADA can keep the bullish momentum, the cryptocurrency could target ,50.
![Cardano ADA ADAUSDT](https://www.newsbtc.com/wp-content/uploads/2021/04/Cardano-ADA-ADAUSDT-6-860x484.jpg)