Key Points Bitcoin isn't useful for much of anything, and that likely won't change. Cardano is useful for a lot of things, and it could be useful for even more in the future. 10 stocks we like better than Cardano › Optionality is exciting, but successful investments typically have more to offer than optionality alone. If you're looking to deploy $1,000 of your capital into a leading cryptocurrency today, that distinction is key, because there are plenty of blockchains that claim to offer numerous o ...

Core Insights - Cardano (CRYPTO: ADA) has not experienced the anticipated breakout, currently down 30% for the year and over 80% from its all-time high of $3.10 [1] - Investor demand for Cardano is low, with minimal interest from both retail and institutional investors, which negatively impacts its future prospects [1][4] Investor Demand - There is a lack of upcoming spot Cardano ETF filings, with BlackRock not applying for one, and only Grayscale planning to offer a spot Cardano ETF [2] - Investor interest is currently focused on potential ETFs for XRP (CRYPTO: XRP) and Solana (CRYPTO: SOL), with even Litecoin (CRYPTO: LTC) receiving more attention than Cardano [3] Fund Flows - Institutional fund flows into Cardano have been minimal, with only $50 million invested year-to-date in 2025, compared to $29 billion for Bitcoin (CRYPTO: BTC) and $14 billion for Ethereum (CRYPTO: ETH) [5] Blockchain Activity - Cardano is perceived as a "ghost chain" with limited real-world utility, leading to a lack of excitement among investors [8] - The blockchain's activity metrics, including users, projects, and transactions, are significantly lower than those of competitors like Ethereum [9] - Total Value Locked (TVL), a key metric for measuring blockchain activity, indicates a stark difference in activity levels between Cardano and its competitors [10]

Key Points Cardano just got an upgrade that could position it to capture value from AI-to-AI payments on the web. There's still a lot of work to do before the upgrade's value is proven. It will also need third parties to adopt a new standard before it can benefit. 10 stocks we like better than Cardano › Cardano's (CRYPTO: ADA) co-founder Charles Hoskinson said on Oct. 28 that something "very big" is on the way to the chain. If the pieces come together as he envisions, it could hand the chain a rea ...

Bitcoin slid to just above $100,000 late Monday before a slight rebound to $101,000, as a wave of forced liquidations and renewed macro jitters erased billions in speculative positions across crypto markets. More than $2 billion in futures contracts were liquidated in the past 24 hours, per CoinGlass, with long traders accounting for nearly 80% of the losses at $1.6 billion. Crypto liquidation heatmap. (CoinGlass) Liquidations occur when traders using borrowed funds are forced to close their positions b ...

Market Overview - Cryptocurrencies experienced a significant decline, with Bitcoin (BTC) dropping to $105,500, down 4% in the last 24 hours and 8% over the past week [1] - Altcoins faced even larger losses, with Ether (ETH) falling below $3,600, down 7% in the last 24 hours and 14% over the past week [2] - Major altcoins such as Solana (SOL), BNB, Dogecoin (DOGE), and Cardano (ADA) saw declines between 8% and 10% [2] Derivatives Market Impact - The downturn in cryptocurrency prices led to over $1 billion in liquidated leveraged trading positions across all digital assets on Monday [2] Analyst Predictions - Despite the recent price drops, some analysts maintain bullish forecasts, with Tom Lee predicting Bitcoin could reach $200,000 by year-end and Ethereum could hit $7,000 before 2026 [3] - Lee emphasized that current fundamentals are driving crypto prices, suggesting a consolidation phase followed by a rally towards year-end [4] Company Performance - Major cryptocurrency firms saw their shares decline, with Circle (CRCL) down 7%, Gemini (GEMI) down 6%, and Coinbase (COIN) and Marathon Digital (MARA) both dropping 4% [5] - Strategy (MSTR) and Robinhood (HOOD) also experienced declines of 3% and 4%, respectively, with Robinhood set to report third-quarter earnings this week [5]

Core Viewpoint - The cryptocurrency market is evolving, with increasing mainstream adoption and the introduction of index-based investment products like the Grayscale CoinDesk Crypto Five ETF, which allows investors to gain exposure to multiple digital assets without needing to pick individual coins [2][4]. Group 1: Investment Products - The Grayscale CoinDesk Crypto Five ETF is the first multi-asset crypto ETP, consisting of Bitcoin, Ethereum, XRP, Cardano, and Solana, providing diversified exposure to various blockchain applications [4]. - The ETF has been operating as a private investment vehicle since 2018 and is now available to a broader range of investors, although it lacks some protections typical of standard ETFs [1][4]. Group 2: Market Sentiment and Trends - There is a growing familiarity with Bitcoin as a digital gold, but investors are also exploring other blockchain applications, indicating a diversification in crypto sentiment [3]. - The crypto asset class is becoming integrated into mainstream finance, influenced by macroeconomic factors such as government shutdowns and tariffs, which can affect investor risk appetite [8]. Group 3: Regulatory Environment - Regulatory clarity is evolving, with significant developments expected, including the market structure bill that aims to enhance Wall Street's access to blockchain technology [9]. - Recent bipartisan legislation, such as the Genius Act on stablecoins, reflects a push towards a comprehensive regulatory framework for the crypto industry [9]. Group 4: Investment Strategy - Investors are advised to consider a diversified approach to crypto allocation, suggesting a portfolio allocation of 5% or more, depending on individual circumstances [10]. - The importance of integrating crypto as a diversifier within a broader portfolio of stocks, bonds, and alternatives is emphasized, highlighting the emerging nature of the asset class [10].

Core Insights - Various AI chatbots, including ChatGPT, Copilot, Gemini, and Grok, provide similar recommendations for generating passive income, emphasizing investment in stocks, real estate, and high-yield savings accounts [1][3][5][8] Investment Strategies - ChatGPT suggests investing in stocks and funds, real estate ownership, high-yield savings accounts, and government bonds [1] - Copilot recommends investing in dividend-paying stocks and rental properties, along with high-yield savings accounts and government bonds [3][4] - Gemini also advises investing in dividend stocks and index funds, purchasing rental properties, and utilizing high-yield savings accounts or certificates of deposit [5][6] Income Generation Ideas - Copilot mentions earning income from royalties or licensing fees, peer-to-peer lending, automated digital products, and affiliate marketing [4] - Gemini suggests creating online courses, selling e-books, starting a YouTube channel or blog, and engaging in print-on-demand e-commerce [6][7] - Grok introduces cryptocurrency staking as a method for earning rewards, specifically mentioning Ethereum and Cardano [8]

Core Insights - The cryptocurrency market is experiencing significant losses, primarily driven by a renewed sell-off in Bitcoin, which fell 5.6% to an intraday low of $104,853, leading to a total market capitalization decline of 5.9% to $3.64 trillion, the lowest since July [1][2]. Market Dynamics - The sell-off was triggered by a flight to safety due to concerns over the stability of the U.S. regional banking sector, with issues reported at lenders like Zions Bancorporation and Western Alliance causing a sharp decline in bank shares, which affected risk assets including cryptocurrencies [2][3]. - As risk appetite diminished across all markets, altcoins faced significant corrections, with Ethereum dropping 7.4%, and other cryptocurrencies like XRP, Solana, Tron, Dogecoin, and Cardano experiencing losses between 4% and 9%. BNB saw a more substantial decline of 12.3% [3][4]. Liquidation and Market Sentiment - The widespread sell-off resulted in total liquidations reaching $1.09 billion, with Bitcoin and Ethereum traders accounting for over 55% of this total [4]. - Despite the current bearish sentiment, there is an underlying optimism for a potential recovery in the broader crypto markets, as indicated by a 66% chance of Bitcoin closing October with more positive price movements than Ethereum [4]. - However, short-term trader sentiment remains bearish, with a market prediction showing a 68% chance that Bitcoin's next move will take it down to $100,000 rather than up to $120,000 [5].

Market Overview - The crypto market experienced a decline, with total market capitalization falling 4.67% to $3.61 trillion, influenced by global uncertainty stemming from trade tensions between the U.S. and China [2][5] - Bitcoin traded near $104,900, down 5.3% in 24 hours and 12.18% over the week, while Ethereum slipped below $3,700, and other cryptocurrencies like Solana and Cardano declined between 7% and 9% [2] Investor Sentiment - The Crypto Fear & Greed Index dropped to 28, indicating a state of "Fear" among investors, while the average crypto RSI of 35.88 suggests oversold conditions across major assets [2] - Traders are questioning whether the current market correction presents a buying opportunity for cryptocurrencies before year-end [1] Gold Market Dynamics - Gold prices surged 3% to $4,380 per ounce, continuing a record-breaking rally as investors shifted towards safe-haven assets amid escalating U.S.-China trade tensions [3][4] - Gold has gained over 60% in 2025, driven by geopolitical uncertainty, expectations of Federal Reserve rate cuts, and strong central bank demand [4] ETF Market Activity - U.S. spot Bitcoin ETFs reported $536 million in net outflows on October 16, marking the largest single-day withdrawal since August, with no funds recording inflows [7] - Spot Ethereum ETFs saw $56.88 million in outflows, with only BlackRock's ETHA posting a small inflow [7]

Core Insights - The cryptocurrency market experienced a significant downturn following U.S. President Donald Trump's threats of new trade tariffs on China, leading to widespread investor concern and a sharp decline in prices [1][2]. Market Performance - Bitcoin's price fell from over $121,000 in the morning to below $106,000 by the afternoon [2]. - Ethereum dropped from $4,300 to under $3,600, while altcoins like Dogecoin and Cardano saw daily dips of up to 40% before partially recovering [3]. Liquidation Events - A record $19 billion worth of crypto positions were liquidated within 24 hours, primarily affecting long positions, which accounted for nearly $17 billion [4][5]. - This liquidation event is noted as the largest in crypto history, with over 1.6 million traders affected [6]. Recovery and Current Status - Following the initial plunge, Bitcoin is currently down nearly 8% at just above $112,000, while Ethereum shows a 12% loss at $3,816 [7]. - Predictions indicate a continued volatile weekend for Bitcoin, with a 56% chance of further declines before Monday [8].