#ADA is consolidating within a large descending wedge, a typically bullish pattern, with multiple rejections near the $0.85 resistance. The current pullback is testing the critical support zone at $0.73–$0.69, which aligns with previous demand and wedge mid-level. If bulls defend this area, ADA could build momentum for a breakout above the wedge, targeting $1.17 as a medium-term objective. However, a breakdown below $0.69 would invalidate the bullish setup and expose ADA to deeper downside toward $0.58 or even $0.42. Until then, structure remains neutral-to-bullish with pressure building at the apex of the wedge.
#ADA is consolidating within a large descending wedge, a typically bullish pattern, with multiple rejections near the $0.85 resistance. The current pullback is testing the critical support zone at $0.73–$0.69, which aligns with previous demand and wedge mid-level. If bulls defend this area, ADA could build momentum for a breakout above the wedge, targeting $1.17 as a medium-term objective. However, a breakdown below $0.69 would invalidate the bullish setup and expose ADA to deeper downside toward $0.58 or even $0.42. Until then, structure remains neutral-to-bullish with pressure building at the apex of the wedge.
Bitcoin is a decentralized digital currency that you can buy, sell and exchange directly, without an intermediary like a bank. Bitcoin’s creator, Satoshi Nakamoto, originally described the need for “an electronic payment system based on cryptographic proof instead of trust.” Each and every Bitcoin transaction that’s ever been made exists on a public ledger accessible to everyone, making transactions hard to reverse and difficult to fake. That’s by design: Core to their decentralized nature, Bitcoins aren’t backed by the government or any issuing institution, and there’s nothing to guarantee their value besides the proof baked in the heart of the system. “The reason why it’s worth money is simply because we, as people, decided it has value—same as gold,” says Anton Mozgovoy, co-founder & CEO of digital financial service company Holyheld.
Telegram announces Anonymous Admins
The cloud-based messaging platform is also adding Anonymous Group Admins feature. As per Telegram, this feature is being introduced for safer protests. As per the Telegram blog post, users can “Toggle Remain Anonymous in Admin rights to enable Batman mode. The anonymized admin will be hidden in the list of group members, and their messages in the chat will be signed with the group name, similar to channel posts.”
