Brenda Kanana

1 week ago | blockchainreporter.net | Brenda Kanana

Cardano has been rejected from the descending channel, and if the bears take charge, the crypto can decline further to $0.63 or $0.54. A symmetrical triangle pattern is forming, but indicators like RSI and MACD suggest weakening momentum. Despite whale accumulation in April, falling open interest and macro uncertainty point to cautious sentiment around ADA’s next move.

1 week ago | blockchainreporter.net | Brenda Kanana

There has been a 14% increase in the global stablecoin supply since January to just over $242 billion. Tether continues to dominate the stablecoin industry, with nearly 61% of the overall stablecoin market in circulation. This rise in supply results from increased liquidity and stronger investor activity in the DeFi platform. Since the beginning of 2025, global stablecoin supply has grown by roughly 14%, suggesting increased liquidity flow and DeFi investor demand.

1 week ago | blockchainreporter.net | Brenda Kanana

Arizona vetoes bill to invest public funds in Bitcoin, halting crypto reserve plan. Governor cites risk to retirement assets, calls Bitcoin an untested investment. Similar crypto reserve bills are under review in Iowa, Missouri, and Texas. Arizona Governor Katie Hobbs has vetoed a bill that would have authorized the state to invest a portion of its funds in Bitcoin, ceasing an effort to create a digital asset reserve within the state treasury.

1 week ago | blockchainreporter.net | Brenda Kanana

POPCAT, ZBCN, and AVA top LunarCrush’s Altrank list due to strong price action and social engagement. PENGU, HAEDAL, and PNUT are just a few of the meme coins and utility tokens on the rise. Rising interest in gaming, content, and metaverse platforms has driven VRA, VOXEL, and BMT. LunarCrush’s latest Altrank update for May 3, 2025, highlights a sharp rise in lesser-known and meme-based tokens.

1 week ago | blockchainreporter.net | Brenda Kanana

After listings on many exchanges, POPE Coin spiked thousands of percent, only to drop drastically afterward, leaving some traders with heavy losses. The project says it is in support of the Catholic Church. LUCE and POPE tokens relating to papal succession narratives were lifted by meme coin speculation fuelled by Pope Francis’s death. Just hours after Pope Francis died on April 21, 2025, the launch of POPE Coin sparked speculation.