Cardano’s ADA is navigating a critical technical juncture, caught between a potentially bullish ascending triangle pattern and significant selling pressure from large holders. The cryptocurrency currently trades around $0.82, down 7% since Monday and just over 5% for the week, as it approaches the crucial $0.95 resistance level that has contained price action since mid-July. Despite whales offloading 160 million ADA in just four days, the price has demonstrated notable resilience, suggesting underlying buying interest may be absorbing the selling pressure.
about ADA Nears $0.95 Resistance Amid Whale Selling PressureDavid
0 posts last weekRipple CTO States Company Acts in Its Own Interest Not for XRP Holders
Ripple’s CTO, David Schwartz, stated that the company prioritizes its own interests over those of XRP holders, aligning with Bitcoin advocate Pierre Rochard’s view that Ripple has no obligation to support XRP’s value. Schwartz emphasized that while Ripple’s business strategies may benefit XRP holders, the company’s primary duty is to its operations and shareholders. He likened the relationship to owning an artist’s early work, where the artist has no obligation to promote it for the benefit of the owner.
about Ripple CTO States Company Acts in Its Own Interest Not for XRP HoldersDavid Sacks Sells All Crypto Holdings Before Joining White House Administration
David Sacks, appointed as the White House’s ‘Crypto Czar,’ confirmed he sold all his cryptocurrency holdings, including Bitcoin, Ethereum, and Solana, prior to joining the administration. He clarified that he has no indirect holdings through Bitwise Asset Management, having exited his position in the Bitwise ETF in January.Sacks emphasized the administration’s commitment to making the U.S. the “Crypto Capital of the World,” aligning with Executive Order 14178. He hinted at further developments to be discussed at the upcoming Crypto Summit on March 7.
about David Sacks Sells All Crypto Holdings Before Joining White House AdministrationDavid Sacks Divests from Multicoin Amid Trump’s Crypto Stockpile Plan
David Sacks, the White House AI and Crypto Czar, has divested from Multicoin Capital amid scrutiny over President Trump’s plan to create a national crypto stockpile, which includes Bitcoin, Ether, Solana, XRP, and Cardano. Sacks, who previously generated around $1 billion from his Solana investment, confirmed he sold his stake in Multicoin and liquidated his entire digital asset portfolio before joining the administration. He is set to chair the first White House Crypto Summit to discuss regulatory frameworks and strengthen the U.S. position in global crypto markets.
about David Sacks Divests from Multicoin Amid Trump's Crypto Stockpile PlanNavigating Uncertainty in UK Monetary Policy and Economic Outlook
David Ramsden, Deputy Governor of the Bank of England, addressed the challenges of setting UK monetary policy amid significant uncertainties, particularly regarding the economy, labor market, and inflation. He highlighted the impact of global developments and domestic uncertainties on business and consumer behavior, emphasizing the UK’s vulnerability as a small open economy.
about Navigating Uncertainty in UK Monetary Policy and Economic OutlookThe Future of AI: Consciousness, Centralization, and Individual Protection
Sandeep Nailwal, co-founder of Polygon and Sentient, asserts that AI will never achieve consciousness due to its lack of intention, dismissing fears of self-aware AI. He emphasizes the risks of centralized institutions misusing AI for surveillance, advocating for decentralized, transparent AI that serves individuals. David Holtzman echoes these concerns, highlighting the potential privacy threats posed by AI in the hands of powerful entities.
about The Future of AI: Consciousness, Centralization, and Individual ProtectionDavid Sacks Sells All Crypto Holdings Before Joining Trump Administration
David Sacks, the White House AI and Crypto Czar, confirmed he sold all his cryptocurrency holdings, including Bitcoin, Ether, and Solana, before joining the Trump administration. While his venture capital firm, Craft Ventures, continues to invest in crypto startups, both he and the firm have divested from direct crypto assets. Sacks will chair the inaugural White House Crypto Summit, aimed at establishing the US as a global leader in cryptocurrency and developing regulatory guidelines for the industry.
about David Sacks Sells All Crypto Holdings Before Joining Trump AdministrationUS Stocks and Bitcoin Decline Amid Inflation Concerns and Market Uncertainty
Since Trump took office, US stocks have struggled, with the S&P 500 down about 0.33% and the Nasdaq Composite sliding over 1%. Investor concerns about inflation and uncertainty surrounding Trump’s trade policies have led to a shift towards safer assets, causing Bitcoin to drop 17% in the past month. While US markets face challenges, European and Chinese stocks are performing well, with the STOXX 600 Index gaining nearly 10% this year.
about US Stocks and Bitcoin Decline Amid Inflation Concerns and Market UncertaintyKiyosaki Speculates on Gold’s Absence and Its Impact on the Dollar
Robert Kiyosaki speculated on the potential consequences of gold being absent from Fort Knox, suggesting it could lead to a collapse of the US economy and a devaluation of the dollar. Ripple CTO David Schwartz countered that while gold prices might rise, the overall impact on the dollar’s functionality would be minimal, asserting that supply and demand would remain unchanged. Kiyosaki emphasized his investments in Bitcoin, gold, and silver, predicting that silver could become a key currency alternative.
about Kiyosaki Speculates on Gold's Absence and Its Impact on the DollarS&P 500 Sees Broader Stock Outperformance Amid Market Rally in 2025
In early 2025, nearly half of the S&P 500 companies are outperforming the index, a significant increase from the previous two years. This shift is attributed to a more “micro driven” market, where individual company performance is influenced by specific details rather than broad trends. Despite uncertainties in tariff policy and interest rates, all sectors in the S&P 500 are positive, with Financials, Materials, and Energy leading the way.
about S&P 500 Sees Broader Stock Outperformance Amid Market Rally in 2025Goldman Sachs Holds Nearly Two Billion in Bitcoin and Ethereum ETFs
Goldman Sachs holds nearly $2 billion in Bitcoin and Ethereum exchange-traded funds (ETFs), according to a recent SEC filing. The firm owns $1.63 billion in Bitcoin ETFs, primarily from BlackRock’s iShares Bitcoin Trust, and $196.3 million in Ethereum ETFs. CEO David Solomon noted that regulatory changes are needed for the bank to directly hold cryptocurrencies.
about Goldman Sachs Holds Nearly Two Billion in Bitcoin and Ethereum ETFsKunsthaus Zurich Faces Funding Challenges Despite High Visitor Numbers
The Zurich Kunsthaus reported 513,162 visitors in 2023, one of its highest figures in over a century, amid financial struggles and a pending subsidy increase request from the city. However, visitor growth of just 1.7% and a significant portion of free admissions raise concerns about sustainability. Despite a booming tourism sector in Zurich, the Kunsthaus faces challenges in attracting paying visitors and securing sponsorships.
about Kunsthaus Zurich Faces Funding Challenges Despite High Visitor Numbers