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Cardano Price Prediction: As Bitcoin hits a new all-time high of $126K, ADA rebounds from the $0.85 support level. Can ADA retest $0.90, or will it fall back to $0.80?
This week, several tokens will see large-scale unlocks with a total value exceeding $200 million, including ATH, APT, and LINEA. The Limitless community sale was oversubscribed by 200 times. Whale addresses have reduced their ETH holdings and taken profits. Liquidations across the network in the past 24 hours totaled $405 million. SHIB’s burn rate surged by 449.66% in a single week. Summary generated by Mars AI. The accuracy and completeness of this summary are still being iteratively improved.
Bitcoin surpassed $126,000, reaching a historic high. The U.S. government shutdown continues, and Federal Reserve officials stated that interest rates have been appropriately adjusted. Gold futures touched $4,000 for the first time. Strategy's bitcoin holdings exceeded $80 billion in market value. Summary generated by Mars AI. The accuracy and completeness of the content are still being iteratively improved.
- 00:44Two spot ETH ETFs managed by Grayscale have staked an additional 272,000 ETH, valued at $1.21 billions.According to ChainCatcher, on-chain analyst Yu Jin monitored that two ETH spot ETFs managed by Grayscale staked an additional 272,000 ETH (1.21 billions USD) four hours ago. Since being allowed to stake, they have deposited a total of 304,000 ETH into staking. Currently, there are a total of 489,000 ETH waiting to be staked, which means Grayscale accounts for the majority of ETH pending staking activation. However, compared to the amount entering staking, there is much more ETH exiting: at present, a total of 2.427 millions ETH are queued and waiting to exit staking.
- 00:33US government shutdown complicates the advancement of cryptocurrency market structure billsJinse Finance reported that while last week's U.S. government shutdown may not completely disrupt the advancement of cryptocurrency legislation, according to industry insiders, it has undoubtedly had a negative impact. As Congress failed to reach an agreement on government funding, the government entered its second week of shutdown, forcing thousands of employees to take leave and severely restricting the operations of federal agencies. Just before this chaos occurred, lawmakers from the Senate Banking Committee were deeply engaged in drafting a bill aimed at comprehensively regulating the crypto industry, with plans to clarify regulatory authority over digital assets between the CFTC and SEC. Meanwhile, the Senate Agriculture Committee, which holds CFTC oversight, has yet to release their version of the bill. Typically, federal agency staff play a crucial advisory role during the legislative drafting process. However, with many staff members forced to take leave, Kristin Smith, President of the Solana Policy Institute, stated that this "may currently be the biggest setback," as the government shutdown has prevented them from continuing their involvement in related work.
- 00:21US SEC Chairman: SEC Plans to Officially Launch "Innovation Exemption" by the End of the Year or Q1 2026Jinse Finance reported that Paul Atkins, Chairman of the U.S. Securities and Exchange Commission (SEC), stated that the SEC is still pushing to formalize the so-called "innovation exemption," which would allow companies to conduct business in the United States based on digital assets and other innovative technologies. This could be completed as early as the end of this quarter. Atkins said at the "Futures and Derivatives Law Report" event hosted by law firm Katten Muchin Rosenman LLP in Midtown Manhattan on Tuesday that although the current government shutdown has "greatly limited" the SEC's progress in rulemaking, he still considers this exemption a priority for the end of the year or the first quarter of 2026.