Cardano (ADA) bull Dan Gambardello predicts that ADA is preparing for a breakout for further upside. He previously analyzed that ADA could rise to $0.4 after breaking through $0.24, and ADA has currently risen about 95% from its 6-year low.

Cardano's ADA price is nearing $0.30 after breaking above $0.26, supported by rising open interest and buying pressure. However, on-chain activity lags, and liquidations could fuel volatility.

In the global market, Bitcoin was searched the most, with large-cap coins and tokenized stocks gaining popularity. In contrast, the Korean market showed a different trend, with Infinity Gate taking the top spot.

As of 11:16 AM on October 5th, Ada (ADA) is trading at $0.2693, a 5.44% increase from 4 hours prior. Compared to 24 hours ago, it has risen 10.50%, with a market capitalization of approximately $9.87928 billion, ranking 16th.

Bitcoin, Ethereum, XRP, and Dogecoin saw gains as investors considered Treasury yields and Fed interest rate cues. Bitcoin briefly neared $87,000, with overall market cap crossing $3 trillion. Analyst notes a pattern of Sunday gains reversing on Mondays.

As of 7:35 AM on October 5th, Ada (ADA) is trading at $0.2646, a 4.71% increase from an hour ago. During the same period, $570,000 worth of Ada short positions were liquidated on Binance, Bybit, and OKX.

As of 4:19 AM on October 5th, Ada (ADA) is trading at $0.2556, an increase of 3.06% compared to one hour ago and 4.37% compared to 24 hours ago. At the same time, the liquidation volume for short positions was $270,000.

There are conflicting reports regarding the occurrence of a golden cross for Ada (ADA). While U.Today reported in a follow-up article that the golden cross was completed, this contradicts their previous article. Due to uncertainty in chart analysis, it is difficult to confirm the exact timing and duration of the actual crossover.

Cardano (ADA) has achieved its first daily golden cross in 14 months, signaling potential bullish momentum. This coincides with positive developments like its selection for aviation fuel verifiability and enterprise expansion in Japan.

Bitcoin surpassed $87,000 following the release of US employment data, but fell below $84,000 within hours. While major altcoins showed weakness, Quant and Midnight saw gains. Approximately $600 million in liquidations occurred during the sharp decline.

In the domestic cryptocurrency market, WLD, XRP, and ONDO are attracting attention with higher trading volumes compared to overseas. WLD, in particular, had a domestic share 23.9 times higher than overseas. In contrast, HYPE and BNB recorded more active trading volumes overseas. CC showed the highest Kimchi premium, while some stocks showed a negative premium.

Charles Hoskinson believes crypto is entering an era of exponential growth, comparing blockchain's development to the internet and AI. He highlighted tokenization's rise in finance and how exponential tech's impact accelerates over time.

U.Today analyzed the short-term resistance and support zones for Dogecoin, Cardano, Aave, and Bonk. Dogecoin and Cardano are testing resistance zones after a rebound, while Aave may see a correction after a sharp rise. Bonk has recovered, but a long-term downtrend reversal is uncertain.

As of 3:45 AM on October 3rd, Ada (ADA) was trading at $0.2385, down 4.41% from an hour earlier. During the same period, liquidations of Ada long positions on major exchanges such as Binance, Bybit, and OKX reached $1.36 million.

Cardano's (ADA) daily transaction volume reached 43,181 on October 1st, a 29% increase from the previous day. While this was a seven-day high, the increase in transaction volume does not directly indicate increased network usage or higher buying demand. Reports of a 30% monthly rise also lack clear benchmarks.

Amid lower-than-expected US September employment figures, Bitcoin prices surpassed $86,000. The SEC proposed rules for self-custody of virtual assets, and cross-chain services showed mixed responses regarding funds related to the Bitget hack. While XRP spot ETFs saw inflows, Ethereum spot ETFs experienced outflows.

While Cardano's TVL remains at $67 million, RealFi has launched the dollar tokens USDrf and sUSDrf. However, caution is advised as individual user cash-outs may first impact DEX liquidity, and losses may first be reflected in sUSDrf holders.

Bitget achieved an overall reserve ratio of 131% in its September Proof of Reserve (PoR), with all 19 audited assets exceeding 100%. This measure aims to enhance user asset protection and increase transparency.

Cardano founder Charles Hoskinson, regarding the debate over responsibility for the popularization and ecosystem growth of ADA, stated that...

Large Cardano (ADA) holders have sold approximately 90 million ADA since September 20th, and futures open interest has also decreased. This amounts to about $22.5 million, and the Tom DeMark indicator has also shown a sell signal. October seasonality could also act as a bearish factor.