Latest Crypto News & Market Updates

Cardano Price Prediction: ADA Tests Breakout Zone as $0.30 Becomes the Key Trigger

Cardano (ADA) is testing a key breakout zone near $0.30 as bulls defend $0.25 support and eye a potential move towards $0.45, $0.60, and $0.70.　　Cardano price prediction analysis is turning more interesting as ADA trades near $0.27 while testing the upper side of its descending channel. According to Brave New Coin data, ADA is down 1.56% in the last 24 hours, but the broader setup remains focused on whether buyers can reclaim the $0.28–$0.30 breakout zone.　　Cardano Price Prediction: $0.30 Breakout Remains the Main Trigger　　The main technical setup comes from the descending channel shown by Sssebi. Cardano price is now pressing against the upper trendline of that structure, with price trading near $0.27 while the breakout confirmation sits closer to $0.30.　　This is important because ADA has been rejected from similar trendline areas before. A clean move above $0.30 would suggest that the market is finally breaking out of the lower-range structure and shifting towards a more constructive trend.　　Until that happens, ADA is still technically inside a recovery attempt rather than a confirmed reversal. The first positive sign is already there, but bulls need follow-through above $0.28 and then $0.30 to make the breakout more reliable.　　Weekly RSI Shows ADA Dominance Is Deeply

05-11Industry

JASMY recovers 3-month losses - Why price reversal risk is rising

JasmyCoin [JASMY] has remained one of the stronger-performing assets in the market, posting a moderate 10% gain at press time, as buying pressure continues to strengthen.　　The latest move carries broader significance because JASMY has now recovered every loss recorded since the 23rd of January, completing a recovery that took roughly three months. The development points to strengthening market confidence and reinforces the broader bullish structure forming around the asset.　　Still, despite the sustained rally, several indicators suggest the market may be approaching an important decision point.　　JASMY faces pressure at key supply zone　　The primary risk to JASMYs ongoing rally comes from its current position within a major supply order block on the chart.　　A supply order block represents a region where concentrated sell orders typically emerge, often slowing momentum or triggering temporary reversals as traders begin to take profit. JASMYs move into this zone has already produced early signs of selling pressure, with a red candlestick forming as sellers reacted near resistance levels.　　Source: TradingView　　Current price action suggests the asset could retrace toward the first support region, where buyers may attempt to regain control and resume the uptrend. If bearish pressure intensifies, price could extend lower toward a secondary support level before finding stronger

05-11Industry

Why a 2017 Linux bug is now a major concern for the crypto industry

Crucially, this is not a remote attack that can be launched from anywhere on the internet. The attacker first needs some form of access to the target machine. For instance, they could gain access through a compromised user account, a vulnerable web app or phishing. Once they have that initial foothold, the attacker can quickly escalate their permissions to full root control.　　5. Why this matters for the cryptocurrency industry　　Core parts of the crypto ecosystem run on it, including:Blockchain validators and full nodesMining farms and poolsCentralized and decentralized cryptocurrency exchangesCustodial services and hot/cold wallet infrastructureCloud-based trading and liquidity systems　　Because of this deep dependence, a kernel-level vulnerability like “Copy Fail” can create indirect but serious exposure across the crypto world. If attackers successfully exploit it on vulnerable servers, the possible consequences include:Stealing private keys or administrative credentialsCompromising validator nodes to disrupt operations or support broader network attacksDraining funds from hosted walletsCausing widespread downtime or launching ransomwareExposing user data stored on affected systems　　While the vulnerability does not attack blockchain protocols directly, breaching the underlying servers that support them can still lead to major financial losses, reputational damage and operational disruption.　　6. Why initial access still poses a major threat in crypto environments　　A typical attack

05-11Industry

Trump Revives Fort Knox Audit Push, Wants to Knock on the Vault Door

Gold (XAU) Price Performance. 　　Treasury Secretary Scott Bessent stated in February 2025 that annual internal verifications confirm every bar is accounted for.　　U.S. Treasury Secretary Scott Bessent insists, “all the gold is there,” dismissing any need to visit Fort Knox or revalue gold reserves in a sovereign wealth fund.　　He assures Americans that annual audits are conducted and invites any member of Congress to see for themselves. 　　However, the last public audit involving outside observers occurred in 1974, a gap that has fueled decades of speculation.　　What Comes Next　　Trump did not announce a new inspection, formal audit, or visit timeline. The Department of Government Efficiency (DOGE), which originally floated the idea, has gone quiet.　　A related bill from Representative Thomas Massie also remains stalled in committee.　　“I just introduced HR 3795, the Gold Reserve Transparency Act of 2025, to audit U.S. gold reserves. In February, President Trump said he wanted to go to Fort Knox to ”make sure the gold is there.“ This bill provides the full disclosure President Trump seeks,” Massie stated.　　Renewed attention from the president could nudge gold and safe-haven markets, although no measurable price reaction followed the interview.　　The rhetoric becoming a physical inspection could shape the next chapter of one of Americas

05-11Industry

Hong Kong team builds AI porter for lunar south pole

A team out of Hong Kong University of Science and Technology built a 100-kilogram rover with a humanoid torso and four wheels. It‘s headed to the moon’s south pole in 2029 on China‘s Chang’e-8 mission.　　The job is simple. Move gear. Once the Change-8 probe lands, the rover hauls instruments and sensors to their spots, deploys them, and grabs surface samples.　　Hong Kong Space Robotics and Energy Center led the build, working with 30 universities and space groups across Hong Kong, mainland China, and a few international partners.　　“This will be a novel demonstration of humanoid robotics on the moon and by China. We are very proud of this design,” Gao Yang, the HKUST professor who runs the center, said on April 29.　　Chang‘e-8 targets a different slice of the lunar south pole than Chang’e-7, which is supposed to land its own humanoid robot in the same general area.　　“We have heard that Change-7 is probably going to see the first humanoid robot landing on the south pole. But our robot will go to a different part of the south pole,” Gao told SCMP reporters.　　The south pole is huge and scientifically interesting, so Chinas covering multiple zones across both missions.　　Chinese lawmakers passed the countrys 15th

05-11Industry

Bitcoin Price Prediction: BTC Targets $363K Above $80K

Bitcoin is trading near the low $80,000 zone as two charts show a major long-term setup and a short-term reclaim test. $BTC still needs a clean weekly hold above this area before the larger cup and handle target gains strength.　　Bitcoin Cup and Handle Chart Points to $363K Target　　Bitcoin is trading near $80,798 on the 2-week Binance chart, while Crypto Patels chart maps a long-term cup and handle pattern with a projected target near $363,000.　　The chart shows the “cup” forming between the 2021 peak and the 2023 bottom. Bitcoin then recovered through 2024 and entered the “handle” phase after rejecting near the 2024–2025 high area. The handle is shown as a downward-sloping consolidation channel.　　Bitcoin Cup and Handle Pattern. Source: Crypto Patel on X　　The main idea is simple: if Bitcoin breaks above the handle resistance, the chart projects a larger upward move. Crypto Patel marks possible upside targets at $200,000, $300,000, and $400,000, with the main measured target near $363,142.　　However, Bitcoin has not confirmed the breakout yet. The price still needs to clear the upper side of the handle with strength. Until then, the setup remains a long-term pattern, not a confirmed move.　　The chart also marks an accumulation zone between $60,000 and

05-11Exchange

SEC Silently Announces Regulation for Prediction Markets: Breaking Down Potential Regulation Framework

Risks for tokenized products　　Hester Peirces recent remarks strongly imply that the SEC is getting ready for a much more open approach toward financial innovation than the market has seen in years, even though the agency has not yet formally unveiled a dedicated prediction market framework.　　In her most recent speech, Peirce highlighted a concept that may become crucial for cryptocurrency and prediction market platforms in the future: the SEC shouldnt arbitrarily prevent a product from entering the market if it complies with disclosure requirements, complies with current securities laws, and finds a compliant exchange listing venue.　　You Might Also Like　　Avalanche Founder Warns of Bitcoin (BTC) Crisis　　Shiba Inu (SHIB), XRP, Toncoin (TON), Bitcoin (BTC) and Ethereum (ETH) Price Analysis for May 9th: Breakouts Fail, Key Support Levels Crack and Bullrun Momentum Collapses　　This statement is significant because it indirectly creates opportunities for products related to event contracts, prediction markets, and possibly even prediction market ETFs. Regulators seem more interested in regulating transparency, disclosure quality, settlement mechanics, and manipulation risks rather than outright prohibiting speculative event markets.　　Key implications　　Platforms would first require a transparent Oracle infrastructure. Accurate event resolution is essential to prediction markets. Regulators will most likely demand precise guidelines regarding who verifies results, how

05-10Industry

Court Approves Arbitrum DAOs $71M ETH Transfer Amid North Korea Hack

A federal judge in New York has authorized Arbitrum DAO to transfer $71 million in frozen Ether (ETH) to Aave, addressing the fallout of a North Korea-linked exploit. The decision facilitates Aaves recovery efforts while preserving legal claims from terrorism victims over the funds in question.　　The ruling, issued by Judge Margaret Garnett of the Southern District of New York, modifies a previous restraining notice that had locked the assets under Arbitrum DAOs control. The updated order allows Arbitrum DAO to initiate an onchain governance vote to send the funds to a wallet managed by Aave LLC. Participants in the transfer are explicitly protected from violating the freeze, ensuring legal clarity for the DAO and its delegates.　　However, the funds remain under potential legal scrutiny. If the court later rules in favor of the terrorism victims, the assets could still be redirected to satisfy claims tied to unpaid judgments against North Korea.　　DeFi Governance and the Kelp DAO Exploit　　The move follows a strong show of support for the transfer from Arbitrum DAO delegates, who approved it via an off-chain Snapshot vote. The proposal is part of Aaves broader strategy to address the impact of the April Kelp DAO exploit, which North Korean hackers

05-10Ethereum

Zcash Outperforms Cardano With 65% Price Run-Up, Flips Market Position

Privacy token Zcash (ZEC) is up in the last 24 hours, taking its weekly gain to 65% according to CoinMarketCap data.　　The recent rise has caused Zcash to surpass Cardano (ADA)s market capitalization and it is currently the 11th largest cryptocurrency by market capitalization with a valuation of $9.824 billion, while Cardano sits in the 12th spot of largest cryptocurrencies with a market cap of $9.81 billion.　　ZEC has risen over the past month following Multicoin Capital‘s disclosure of a “significant” position in the privacy coin. Prominent crypto fund Multicoin Capital disclosed it had been building a large Zcash position since February, saying that ZEC’s shielded transactions could offer security against increased government efforts to audit and tax visible crypto holdings.　　Avalanche Founder Warns of Bitcoin (BTC) Crisis　　Shiba Inu (SHIB), XRP, Toncoin (TON), Bitcoin (BTC) and Ethereum (ETH) Price Analysis for May 9th: Breakouts Fail, Key Support Levels Crack and Bullrun Momentum Collapses　　You Might Also Like　　Zcash is set to roll out quantum-recoverable wallets in readiness against future quantum computing threats. The privacy coin aims to achieve full post-quantum status within 12 to 18 months, putting it ahead of major cryptocurrencies in quantum readiness.　　ZEC is currently trading at $587, up 88% in the last

05-10Industry

Ethereum Large-Holder Activity Drives Short-Term Consolidation, Instability — Details

Ethereum　　Ethereum Large-Holder Activity Drives Short-Term Consolidation, Instability — Details　　Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content creation. While he started out writing on several subjects, Semilore soon found a knack for cracking down on the complexities and intricacies in the intriguing world of blockchains and cryptocurrency.　　Semilore is drawn to the efficiency of digital assets in terms of storing, and transferring value. He is a staunch advocate for the adoption of cryptocurrency as he believes it can improve the digitalization and transparency of the existing financial systems.　　In two years of active crypto writing, Semilore has covered multiple aspects of the digital asset space including blockchains, decentralized finance (DeFi), staking, non-fungible tokens (NFT), regulations and network upgrades among others.　　In his early years, Semilore honed his skills as a content writer, curating educational articles that catered to a wide audience. His pieces were particularly valuable for individuals new to the crypto space, offering insightful explanations that demystified the world of digital currencies.　　Semilore also curated pieces for veteran crypto users ensuring they were up to date with the latest blockchains, decentralized applications and network updates. This foundation in educational writing has continued to inform his work, ensuring that

05-10Ethereum

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