Schlagwort: crypto business

• Cardano (ADA) has jumped 39% in July amid bullish technical patterns.
• Cardano founder Charles Hoskinson has denied scam claims.
• A break above $0.80 could push ADA toward $1 and beyond.

Cardano (ADA) has surged in value following a mix of bullish technical patterns and a heated public exchange involving its outspoken founder, Charles Hoskinson.

The price of ADA currently sits at around $0.75, climbing over 39% in July alone and catching the attention of traders and analysts alike.

Despite the distraction caused by the scam allegations levelled against Input Output (IOG), Cardano’s strong price action and favourable chart structures suggest that its bullish trend remains intact.

Hoskinson hits back at online scam claims

A person named Robin Engraf emailed Hoskinson, accusing Gabriel Martin, allegedly from Input Output (IOG), of embezzling funds during a supposed “trade withdrawal.”

Engraf claimed to have months of chat logs and bank records, urging US authorities to act.

In response, Hoskinson, the founder of Cardano and IOG, has responded to the email publicly, dismissing the accusation as not only baseless but also a reflection of broader gullibility in crypto communities.

In a stern statement, Hoskinson has criticised the trend of blaming public figures for falling victim to scams, calling out what he described as “carelessness and stupidity.”

He emphasised that such incidents are not new and have been occurring for nearly a decade, largely due to impersonators and false promises of extraordinary returns.

Hoskinson didn’t hold back as he argued that people often refuse to take responsibility after being deceived by schemes that promise easy profits.

He noted that victims of scams frequently turn their frustrations toward legitimate figures and companies, despite having no evidence of wrongdoing on their part.

While Hoskinson’s remarks sparked debate online, they also served as a reminder of the ongoing risks tied to impersonation fraud in the cryptocurrency space.

His message, though controversial, aligned with years of warnings about avoiding offers that seem too good to be true.

Current Cardano price action signals a bullish momentum

Even as this public spat unfolded, ADA’s market performance has continued to impress.

The cryptocurrency recently broke out of a long-standing downtrend around $0.63 and has since climbed steadily, forming a series of higher lows and testing resistance at $0.78.

According to market analysts, ADA is currently forming a symmetrical triangle pattern on the 4-hour chart, often a bullish continuation signal.

If the price pushes decisively above $0.80, it could open the path toward $0.84 and potentially even the psychological $1.00 mark.

Technical indicators also appear to support this view, with the Relative Strength Index (RSI) climbing above 70 and the Moving Average Convergence Divergence (MACD) maintaining a bullish crossover on both daily and weekly timeframes.

On-chain volume has also increased during price rallies, further supporting the case for sustained upward momentum.

Trader sentiment has tilted strongly bullish

Alongside strong technicals, trader positioning continues to lean bullish.

According to TapTools, over 70% of open positions on Hyperliquid and Binance are long on ADA, suggesting that the broader market expects further gains in the near term.

This confidence has been building as ADA remains above key support levels, particularly the $0.73 mark.

ADA’s price range over the last 24 hours has fluctuated between $0.7151 and $0.7536, with current levels testing the $0.78 resistance zone.

If bulls manage to flip this zone into support, analysts expect a smooth move toward higher targets in the coming weeks.

Despite the lingering distraction caused by the scam allegations, traders appear more focused on ADA’s improving fundamentals and technical posture.

Hoskinson’s blunt response may have sparked debate, but it has not shaken the conviction among ADA supporters.

The long-term ADA price outlook is optimistic

With its market cap standing at over $27 billion and a circulating supply exceeding 36 billion tokens, ADA continues to rank among the top 15 cryptocurrencies.

Analysts like StonkChris see potential for ADA to revisit the $2 level later this year, especially if broader market sentiment continues to shift risk-on.

Sometimes charts are really just this simple.

A series of higher lows and higher highs.

$2 $ADA incoming. pic.twitter.com/F0ALHesB2v

— Chris (@StonkChris) July 15, 2025

The recent launch of Reeve, an open-source middleware platform by the Cardano Foundation, adds another layer of optimism.

The initiative aims to bridge blockchain with traditional ERP systems, reinforcing ADA’s use case in enterprise environments.

In the short term, all eyes are on ADA’s ability to hold key support levels and break through resistance with conviction.

As technicals align with market sentiment, ADA may be setting up for one of its most important moves of the year.

While controversy continues to swirl around its founder, Cardano’s price action remains strong, reminding the market that, in crypto, fundamentals often speak louder than headlines.

The post ADA price jumps as Cardano founder Charles Hoskinson responds to scam allegations appeared first on CoinJournal.

• Chainlink (LINK) eyes a breakout with $17.5 as a key resistance level.
• Chainlink partners to promote tokenisation across US states.
• Technicals and sentiment support a bullish price outlook.

Chainlink (LINK) is once again making headlines, this time for a pivotal partnership with the Blockchain Association aimed at promoting asset tokenisation across the United States.

As the crypto market eyes broader institutional adoption, this development is expected to strengthen Chainlink’s utility and market position, while also giving a potential boost to its token price.

The strategic alliance introduces the “Tokenized in America” initiative, a nationwide effort to expand the use of blockchain technology in representing real-world assets (RWAs) on-chain.

The partnership boosts Chainlink’s visibility

The partnership between Chainlink (LINK) and the Blockchain Association goes beyond policy advocacy and dives into real-world blockchain applications at the state level.

It aims to educate policymakers while tracking tokenisation progress across the country.

Chainlink’s decentralised oracle networks are at the heart of this initiative, providing trusted data feeds that are critical for bridging on-chain and off-chain information.

This capability is essential when governments or institutions seek to tokenise assets such as real estate, stablecoins, or treasury instruments.

As part of the initiative, Chainlink’s Proof of Reserve (PoR) system is expected to enhance transparency by offering cryptographic validation of collateral backing digital assets.

This added trust mechanism could attract state agencies and financial institutions that require secure and verifiable asset representation.

Chainlink price analysis

On the technical front, Chainlink’s price action has aligned with the optimism surrounding its recent policy-driven visibility.

Currently trading above $16, Chainlink (LINK) has gained significant ground in recent days, climbing more than 18% in just a week.

Notably, $16 has acted as a tough resistance level, proving to be a critical zone for traders, with several analysts pointing to a sustained break above it as the gateway to further gains.

Holding above this level could push LINK toward the next target zone, which ranges between $17.50 and $18.20.

Momentum indicators support the bullish outlook, with the Aroon Up indicator registering at 85% and the Accumulation/Distribution line reflecting steady buying pressure.

These metrics suggest that buyers are firmly in control, and any minor retracements are likely to be met with accumulation rather than panic selling.

Chainlink (LINK) price outlook

According to market analysis, Chainlink (LINK) must remain above $16.42 to sustain its current momentum.

A close above this level increases the probability of retesting the first major resistance at $17.95, which could then unlock a path to $19.11 and potentially $20.82 if bullish momentum persists.

Conversely, failure to maintain support above $16.42 could see the price slide toward $15.35, a key lower support that many traders are watching closely.

Analysts like Matthew Dixon also warn of a potential retest in the $14.50–$15 range before a fresh rally can be confirmed.

#Chainlink Price Analysis – July 2025#LINK $15.36, slightly retracing after a local high near $15.90.
Higher low around $12 and working toward forming a higher high — signaling a bullish structure shift.

RSI is at 62.44, trending upwards but showing early signs of cooling.… pic.twitter.com/B509U0EXha

— Matthew Dixon – Veteran Financial Trader (@mdtrade) July 15, 2025

Nevertheless, sentiment remains largely positive, as reflected in Chainlink’s Fear and Greed Index, which continues to signal bullish market behaviour.

A breakout above $17.5, often described as the trigger level, may accelerate the move toward $22, according to some technical forecasts.

The long-term vision aligns with the tokenisation trend

Chainlink’s ongoing involvement in the tokenisation of RWAs places it at the centre of a massive transformation in the financial system.

As institutions like Franklin Templeton, Superstate, and Securitize move assets on-chain, the need for secure, interoperable infrastructure becomes urgent.

With its Cross-Chain Interoperability Protocol (CCIP), Chainlink is poised to connect blockchain platforms across states and institutions, enabling secure asset transfers and data communication between disparate systems.

The “Tokenized in America” initiative acts as both a policy tool and a technological showcase, potentially setting the stage for Chainlink (LINK) to become a national standard in public-sector blockchain use cases.

The post Chainlink price forecast amid US asset tokenization push with Blockchain Association partnership appeared first on CoinJournal.