Tag: Support

Ledger Adds Support for ADI Token tTed to UAE Blockchain Network

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Ledger added native support for the $ADI token tied to ADI Foundation’s ADI Chain network, a UAE-linked, layer-2 focused on stablecoins and tokenized real-world assets. ADI Chain is backed by Abu Dhabi-based Sirius International Holding, a subsidiary of International Holding Company, and backs the DDSC stablecoin ecosystem launched with First Abu Dhabi Bank. According to the company, the network is designed for institutional use cases including cross-border payments, treasury operations and trade settlement. The integration allows users to store and manage $ADI through Ledger Wallet and the company’s hardware signing…

Ledger Adds ADI Token Support as UAE Blockchain Push Expands

Peter Zhang May 25, 2026 17:57 Ledger now supports ADI, the gas token for UAE’s ADI Chain, boosting stablecoin and tokenized asset infrastructure in the Middle East. Ledger, the hardware wallet giant, has integrated support for the ADI token, the native gas token of the UAE-backed ADI Chain. This move reinforces the Middle East’s push into blockchain infrastructure, particularly in regulated stablecoins and tokenized assets. The ADI Chain, developed by the Abu Dhabi-based ADI Foundation and backed by Sirius International Holding, is…

Bitcoin Price Breaks 14-Year Support For The First Time In History, Analyst Predicts $50,000 Target

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Crypto analyst Phila has predicted that the Bitcoin price could see a massive decline to $55,000 after breaking a 14-year support level. This comes amid BTC’s fall below the psychological $80,000 level, with the leading crypto now at risk of dropping to new lows.  Analyst Predicts Bitcoin Price Drop To $55,000 Amid Breakdown In an X post, Phila stated that the Bitcoin price just broke a support level that has held for 14 years, noting that it had held in previous bear cycles. The analyst further remarked that this is…

Will Bitcoin price revisit $76K as bullish trendline support collapses?

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Bitcoin has fallen back toward the $77,000 region after losing a key ascending trendline support that had guided its recovery from April lows. Summary Bitcoin fell back toward $77,000 after breaking below a key ascending trendline support and failing to reclaim the 200-day moving average near $80,800. U.S. spot Bitcoin ETFs recorded roughly $1.4 billion in weekly outflows, while over $744 million worth of BTC moved to exchanges over the past five days. CoinGlass liquidation data showed dense long liquidation clusters near $76,000 as traders monitored rising oil prices, Fed…

EC Opens Crypto Rules Review As Euro Stablecoin Gains Support

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As market dynamics evolve and pressure builds to strengthen Europe’s position in the global crypto economy, the European Commission (EC) has launched a review of its landmark crypto framework to keep pace with the evolving digital asset landscape. Related Reading EC Opens Review Of EU Crypto Rules On Wednesday, the European Commission launched a consultation on the functioning of the European Union’s (EU) regulatory framework on crypto assets, the Markets in Crypto‑Assets Regulation (MiCA). The regulator is seeking feedback from stakeholders and the public on whether the current framework remains…

Bitcoin Adds $20B to Crypto Economy as Traders Defend $77,000 Support

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Key Takeaways Bitcoin fluctuated around $77,500 after a sharp midnight breakout from the $76,700 level. The total crypto economy climbed by over $20 billion to reach an aggregate market cap of $2.66 trillion. Traders await whether bitcoin will test $77,600 next, following a drop in WTI oil to $97 per barrel. Bitcoin Volatility Tightens Near $77K Resistance Bitcoin endured another grueling stretch of range-bound consolidation, routinely failing to cement a definitive breakout above the psychological $77,000 threshold. Even after breaching the resistance mark, it struggled to sustain upward momentum. Market…

Bitcoin Momentum Weakens as BTC Price Support at $75K Becomes Key

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Market analysts say Bitcoin (BTC) is showing “momentum exhaustion” after its 8% drop from multi-month highs above $82,000, with bulls expected to defend key crucial support levels.  Key takeaways: Bitcoin momentum weakens after rejection above the $82,000 level. Analysts warn BTC could fall to $65,000 if support at $74,000-$76,000 fails. Bitcoin’s price momentum is “weakening” Private wealth manager Swissblock stated that Bitcoin’s momentum is fading following failure to “sustain expansion” above $82,000.  Swissblock said that Bitcoin’s positive momentum has been losing “force with every bounce,” contributing to the latest drop…

Bitcoin Could Hit Near $95,000 If It Holds Above This Critical Support, Top Analyst Says

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Bitcoin (BTC) has slipped after failing to clear a major ceiling around the $83,000 area, with the flagship cryptocurrency down nearly 5% over the past week.  As of Tuesday evening, BTC was changing hands at roughly $76,750. Even with the pullback, market analyst Ali Martinez believes the current price action still leaves room for a rebound toward $94,850.  Bitcoin Could Drop Toward $54,270 In a Tuesday social media post on X (previously Twitter), Martinez pointed to Bitcoin’s Market Value to Realized Value (MVRV) pricing bands, saying a move to $94,850…

Bitcoin Traders Target $68K As Key Support Zone: Here’s Why

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Bitcoin (BTC) traders have shifted their focus lower after futures and order book data point to strong buyer interest in the $68,000-$70,000 zone. Sell pressure has increased in the derivatives markets and the daily bid-ask ratio fell to -0.03, showing sellers are currently more aggressive than buyers as traders position around liquidation levels. Bitcoin buyers cluster near $68,000 The visible range volume profile (VRVP) indicator shows the $68,000-$70,000 region as the most densely traded zone on the chart since November 2025. High trading activity in that price range suggests most…

Bitcoin at ‘Crucial’ Support as US Bonds Pressure Crypto, Stocks and Gold

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Bitcoin (BTC) consolidated near month-to-date lows on Tuesday as surging US bonds punished stocks and safe havens. Key points: Bitcoin joins risk assets feeling the pressure from skyrocketing US bond yields. Catalysts, such as high oil prices, continue to impact market sentiment with the US-Iran war stakes still high. Bitcoin is now at a “crucial level of support,” the latest market analysis warns. US 30-year yields reach highest since 2007 Data from TradingView showed BTC/USD lingering below $77,000 around the Wall Street open while preserving the previous day’s floor. BTC/USD…