Cryptocurrency market news
SEC and DOJ dismiss securities fraud case against BitClout founder. On February 28, federal prosecutors on behalf of the DOJ and the SEC voluntarily dismissed their case against Nader Al-Naji, founder of the crypto social network platform BitClout https://iconicint.com/review/borgata/. The SEC and the US Attorney’s Office for the Southern District of New York had charged Al-Naji with lying to a venture capital firm about how decentralized his token-based social network really was. Al-Naji faced wire fraud allegations and separate civil charges that he defrauded investors by claiming that he would not benefit from the proceeds of his token sales, while allegedly spending millions of dollars from the token offering on himself and his family members.
Avalanche has risen by more than 16% in the last 7 days and is now trading above $22. The blockchain infrastructure of this platform provides quick processes and application scalability to attract more users for its ongoing development.
The Polkadot platform advances its ecosystem growth through parachain auctions and cross-chain features. Developers and investors choose Polkadot because they find its network upgrades efficient for maintaining blockchain scalability.
Ada cryptocurrency news
After jumping 20% last week, Cardano (ADA) has now dropped 5%, but there’s more behind it. With the Brave Wallet now supporting ADA and Cardano’s founder teasing more surprises, the stage is set for ADA price to hit a month high. So, is ADA on its way to $1?Let’s dive in detail, & how $1 reach is possible?
From a technical perspective, ADA is holding within a critical support zone between $0.68 and $0.74—a range traders are closely watching for confirmation of a price floor. The Relative Strength Index (RSI) stands at 51, reflecting balanced momentum: not overly overbought nor in accumulation territory.
Crypto intelligence tracker DefiLlama data shows that Cardano’s chain DEX trading volume has constantly fallen since early December and currently reads $3.06 million on Tuesday. This fall in volume signaled decreased user activity and liquidity in the ADA blockchain, indicating a bearish outlook.
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The Brave browser, which has over 70 million users, has officially added support for ADA in its built-in crypto wallet. Reacting to the news, Cardano’s founder Charles Hoskinson hinted that this is just the beginning. He suggested that several more big updates will roll out through the Summer and Fall of 2025.
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The bill seeks to curb Big Tech’s control over digital money, demanding special approval before giants like Meta can issue their own stablecoins. This is noteworthy because it is the first step toward true financial decentralization backed by federal law.
Trump vs Powell: Stagflation Warnings and Crypto ImpactJerome Powell’s warning about stagflation, tied to Trump tariffs, rattled markets. Trump criticized Powell for delaying rate cuts, adding political drama to financial uncertainty.
This week, one of the top crypto news stories is Mantle Network’s integration announcement. After the Tectonic Upgrade was implemented in March 2024 and the Mainnet Alpha launch in July 2023, the Mantle ecosystem will undergo a planned update.
The cryptocurrency market experienced a whirlwind of developments this week. From Bitcoin price volatility and major crypto hacks to high-stakes geopolitical tensions and SEC shakeups, the global crypto narrative is evolving fast.
The Jupiter executive explained JupNet in a detailed post, citing a Catstanbul 2025 announcement. JupNet is an omnichain network tackling blockchain interoperability with a decentralized state of truth, omnichain ledger, and aggregated decentralized identities (ADIs).
“Many senators, myself included, have very real concerns about the Trump family’s use of crypto technologies to evade oversight, hide shady financial dealings, and personally profit at the expense of everyday Americans. We have a duty to shine a light on these abuses and stop Donald Trump from exploiting emerging technologies to enrich himself, dodge accountability, and weaken the safeguards that protect American consumers and the rule of law,” noted Warner.
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