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05:11
Two Cardano indicators signal a potential price rebound
Two historical contrarian indicators have appeared simultaneously for Cardano, with the average holder incurring a loss of approximately 43%. The token has entered an on-chain "opportunity zone", which has previously been associated with price rebounds. Derivatives data shows that ADA funding rates are at their lowest since June 2023, indicating a high concentration of short trades. In the past, this situation has often coincided with short covering rather than further decline. ADA is currently priced at around $0.26, although macroeconomic pressures and weak ecosystem growth may impact its performance.
05:08
On-chain yield protocol Tori Finance releases project introduction
Foresight News reports that the on-chain yield protocol Tori Finance has released a project introduction. Its core products are trUSD and strUSD. The yields are generated from market-neutral strategies in global markets, including hedging currency markets, futures arbitrage, and others, driven by real trading income. All positions are backed by real assets.
04:54
Public launches crypto trading services in individual retirement accounts
Foresight News reports that the native AI investment platform Public has launched crypto trading services within individual retirement accounts. This move allows members to build long-term crypto positions and enjoy tax-deferred or tax-free gains.
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