by | Mar 3, 2025 | Business
Cardano (ADA) surged over 70% following Trump’s announcement of a U.S. Crypto Strategic Reserve. Explore the latest price trends, technical analysis, and future outlook for ADA, including key support and resistance levels.
Cardano (ADA) has recently experienced a dramatic price surge, climbing over 70% before retracing slightly. This rally followed a significant political announcement from U.S. President Donald Trump regarding the establishment of a “Crypto Strategic Reserve.”
This policy shift has sparked renewed investor confidence in the cryptocurrency market, with ADA emerging as one of the standout gainers.
Trump’s Crypto Strategic Reserve Announcement
On Sunday, President Trump announced on his Truth Social platform that the U.S. government will form a “Crypto Strategic Reserve.” The reserve will include Bitcoin (BTC), Ethereum (ETH), XRP (Ripple), Solana (SOL), and Cardano (ADA).
Trump framed this move as a response to what he called “corrupt attacks” on the crypto industry under the previous administration.
In his statement, Trump emphasized his commitment to making the U.S. the global leader in cryptocurrency. This announcement led to a rapid surge in valuations across the crypto market, with ADA’s price jumping from $0.66 to $1.08 before stabilizing around $1.00.
Cardano’s Technical Analysis and Market Response
Cardano’s bullish trend has been reinforced by technical indicators. ADA broke above a descending trendline that had been in place since mid-January, triggering a 72.15% rally.
At the time of writing, ADA hovers around $1.00, with analysts predicting further gains if momentum continues.
Key Technical Indicators:
1. Relative Strength Index (RSI): The RSI currently stands at 66, indicating strong bullish momentum while approaching overbought territory.
2. Moving Average Convergence Divergence (MACD): A bullish crossover suggests continued upward momentum.
3. Open Interest (OI): Coinglass data indicates that ADA futures’ open interest surged from $536 million to $1.18 billion, marking the highest level since early February.
4. Trading Volume: Artemis data shows that ADA’s trading volume spiked from $536.9 million to $8.4 billion, the highest since September 2021.
Historical Context: Cardano’s Price Movements
Cardano has seen significant price fluctuations over the past few months:
1. November-December 2023: ADA surged from $0.34 to $1.28, buoyed by broader crypto market optimism following Trump’s election victory.
2. February 2024: The price declined from $1.13 to $0.60 amid economic concerns related to new U.S. tariffs and inflation fears.
3. March 2024: Following Trump’s announcement, ADA rebounded sharply, marking its highest price in over a month.
Institutional Interest and Whale Accumulation
Large investors have also played a key role in ADA’s price surge. Blockchain analyst Ali Martinez reported that whales purchased over 200 million ADA within 24 hours of Trump’s declaration.
This influx of institutional capital suggests long-term confidence in Cardano’s inclusion in the Crypto Strategic Reserve.
On-Chain Metrics Reflect Growing Confidence
Cardano’s on-chain activity has also surged:
1. Active Wallets: DappRadar data shows a 157% increase in unique active wallets, reaching 3,720.
2. Daily Transactions: Transactions on the Cardano blockchain have risen by over 200% to 17,120.
3. Total Value Locked (TVL): DefiLlama data indicates a 38.87% jump to $499 million on March 3.
Future Outlook: Key Support and Resistance Levels
While Cardano’s recent performance is impressive, maintaining its bullish trajectory depends on key price levels:
1. Support Level: $1.00 is now a critical support level; holding above this price is crucial for continued upward movement.
2. Resistance Levels:
– $1.15 – $1.20: A major resistance zone where profit-taking could occur.
– $1.32: The December 2023 high, a potential short-term target.
– $1.90: A long-term price target if the rally continues.
If ADA falls below $1.00, it may test support at $0.85. Conversely, closing the week above $1.05 would significantly enhance bullish sentiment.
Conclusion
Cardano’s recent price rally showcases the powerful impact of political announcements on the cryptocurrency market. Trump’s plan for a U.S. Crypto Strategic Reserve has provided ADA with strong momentum, reinforcing its position among top digital assets.
With growing institutional interest, rising on-chain activity, and bullish technical indicators, ADA is well-positioned for further gains. However, traders should remain cautious of potential volatility as the market digests this major policy shift.
by | Mar 3, 2025 | Business
U.S. President Donald Trump announces a Strategic Crypto Reserve, naming Bitcoin, Ethereum, XRP, Solana, and Cardano as key assets. The announcement sparks a major crypto market rally, with Bitcoin surging past $95,000. Learn more about the impact, policy shift, and what’s next for digital assets.
In a groundbreaking move, U.S. President Donald Trump has unveiled plans to establish a U.S. Strategic Crypto Reserve, aiming to position the country as the “Crypto Capital of the World.”
The announcement immediately sparked a significant surge in cryptocurrency prices, reinforcing the growing influence of digital assets in the global financial landscape.
Trump’s Crypto Endorsement and Market Reactions
During a social media post on Sunday, Trump disclosed that he had signed an executive order directing the Presidential Working Group to proceed with the formation of a Crypto Strategic Reserve.
He initially named three cryptocurrencies—XRP, Solana (SOL), and Cardano (ADA)—as part of the reserve. An hour later, he confirmed that Bitcoin (BTC) and Ethereum (ETH) would also be central to the initiative.
The crypto market reacted swiftly, with all five named coins experiencing substantial gains. XRP, SOL, and ADA surged by up to 62% within hours, while Bitcoin and Ethereum saw increases exceeding 10%.
Overall, the total cryptocurrency market capitalization jumped by over $300 billion, marking one of the most significant market rallies in recent months.
Bitcoin’s Price Surge and Market Impact
Bitcoin led the charge, breaching the mid-$90,000 range, marking a double-digit percentage increase in just 24 hours. Ethereum followed with a 17% rise, reaching $2,548, while XRP saw an astonishing 33% gain to hit $2.97.
Solana and Cardano recorded 27% and 75% increases, respectively, pushing their values to $178.6 and $1.13.
This sharp price movement came after months of market stagnation, where Bitcoin struggled to maintain momentum above the $90,000 mark. Analysts noted that Trump’s endorsement, coupled with growing institutional interest and macroeconomic factors, provided the perfect catalyst for the rally.
Policy Shift: From Crypto Skeptic to Advocate
Trump’s stance on cryptocurrencies has evolved significantly over the years. In 2021, he famously referred to Bitcoin as a “scam.” However, since launching his 2024 election campaign, he has actively courted the crypto community, reversing previous regulatory crackdowns imposed under President Joe Biden’s administration.
Biden’s tenure saw increased scrutiny over crypto activities due to concerns about fraud and money laundering, leading to stringent regulations and legal actions against major crypto firms.
Trump’s administration has already taken steps to create a more favorable regulatory environment. The Securities and Exchange Commission (SEC) has reportedly ceased investigations into several crypto companies and dismissed a lawsuit against Coinbase, the largest U.S.-based cryptocurrency exchange.
These actions have further fueled investor optimism about a more crypto-friendly regulatory framework under Trump’s leadership.
Implications of the U.S. Crypto Reserve
While details on how the strategic crypto reserve will function remain unclear, Trump is expected to provide further insights during the first White House Crypto Summit on Friday. Some key aspects yet to be addressed include:
1. Legal and regulatory framework: Will congressional approval be required to implement the reserve?
2. Funding and acquisition: How will the government acquire and manage the digital assets?
3. Security and storage: What measures will be taken to ensure the safety of these assets against cyber threats?
A previous executive order signed by Trump in January had already hinted at the formation of a national digital asset stockpile, which would include cryptocurrencies lawfully seized by the federal government. This reserve could serve as both an investment tool and a strategic asset for national economic security.
Macroeconomic Factors Driving Bitcoin’s Growth
Beyond Trump’s endorsement, several macroeconomic trends have contributed to Bitcoin’s recent price surge:
1. Recession fears and interest rate expectations: Soft economic data has raised concerns about a potential U.S. recession, increasing speculation that the Federal Reserve might cut interest rates—an environment historically favorable for Bitcoin and other risk assets.
2. Inflation and store-of-value narrative: Bitcoin’s appeal as “digital gold” continues to grow amid persistent inflation fears.
3. Institutional adoption: More financial institutions have been increasing their exposure to Bitcoin, further legitimizing its status as a mainstream asset.
The Road Ahead: Market Uncertainty or New Crypto Boom?
The upcoming White House Crypto Summit is expected to provide clarity on Trump’s long-term vision for the crypto industry. Investors and industry stakeholders will be watching closely for regulatory guidelines, potential incentives for crypto businesses, and details on how the government plans to integrate digital assets into national policy.
How long Bitcoin and other cryptocurrencies will maintain their current momentum remains to be seen. The sustainability of this rally depends on the specifics of the proposed U.S. Crypto Reserve, broader economic conditions, and continued institutional adoption.
For now, Trump’s pro-crypto stance has undeniably reinvigorated the market, setting the stage for what could be a transformative period in the history of digital assets.
by | Mar 1, 2025 | Business
The Disruptive Doctors Conference 2025, happening on September 20-21, 2025, at Sime Darby Convention Centre, Kuala Lumpur, is the ultimate event for forward-thinking doctors ready to embrace the future of healthcare. Featuring careers & leadership for doctors in healthcare, clinic building strategies for GP doctors, AI and tech innovation in healthcare and Longevity Medicine. This is the conference where we break down barriers and democratize healthcare for doctors.
For doctors who refuse to settle for the ordinary, the Disruptive Doctors Conference 2025 is where the future of healthcare is shaped. This year, Disruptive Doctors with supporting partner Pharmaceutical Association of Malaysia (PhAMA) work hand-in-hand to bring together one of the most anticipated events in the medical field!
Taking place on 20-21 September 2025, at Sime Darby Convention Centre, Kuala Lumpur, this event is designed for doctors and healthcare professionals who constantly challenge the norm, dare to be different, embrace innovation, and are ready to push the boundaries of modern medicine.
In 2024, this event attracted an additional 26.6% attendees, from 300 to 380 participants. This year, Disruptive Doctors is expecting more healthcare professionals to attend, anticipating at least 500 participants.
Why You Need to Be There
This is more than just a medical conference—it’s a movement for doctors. If you’ve ever felt like the traditional clinical path wasn’t enough, if you’re curious about how AI, tech innovation, and biohacking are reshaping medicine, or if you want to connect with like-minded doctors who are redefining the industry, this is the event for you!
“I had a great experience! The content was engaging, well-structured, and delivered with such passion that it kept me hooked throughout.”
“The unique perspective on healthcare and innovation truly opened my eyes to new possibilities in the field.”
Act Now – Save 40% with Early Bird Tickets!
For a limited time, get your Early Bird ticket for only RM390 (standard price: RM 650). Don’t wait—this is your chance to secure your spot at the most forward-thinking medical event in Southeast Asia.
Join the Movement. Be Part of the Future.
Medicine is evolving, and so should you. Take action now—get your Early Bird tickets today at Disruptive Doctors Conference 2025.
This is where doctors break barriers. Are you with us?
by | Feb 28, 2025 | Business
New first-of-its-kind research released today from headspace National Youth Mental Health Foundation has revealed that while families are concerned about the impact of work and study stress on their young people, tailored work and study support can actually enhance mental health.
headspace’s recent National Family Mental Health Survey found that stress from work or studying was in the top five perceived negative influences on young people’s mental health and wellbeing, with one in five (21%) family members concerned.
However, new evidence* shows that young people receiving tailored work or study support alongside mental health care experience even greater improvement in their mental health and wellbeing than those who receive standard care.
This March, for headspace’s annual Work and Study Month, the national youth mental health organisation is highlighting the benefits of work and study and how, for young people with mental health challenges, tailored support can improve resilience, build life skills and help them feel confident and connected.
Head of headspace’s Work and Study program, Carolyn Watts, says the impacts of mental health challenges can be a barrier to young people achieving their job and education goals.
“We know that for young people, mental health challenges in adolescence and young adulthood can impact their preparedness to enter the workforce or higher education. There are many reasons why someone might not be engaged with the worlds of work or study, such as feeling inexperienced or unprepared to enter the workforce or go to university or TAFE, past negative experiences or having caring responsibilities.
“Often, experiencing mental health challenges can lead to young people struggling to keep up with study or secure, and keep, a stable job. The longer not working or studying goes on, the harder it is to get into it. In fact, our most recent National Youth Mental Health Survey found that only half (54%) of young Australians feel confident in applying for a job.
“On the flip side, our research shows that receiving work or study support can have a hugely positive impact on mental health and wellbeing, helping young people feel a sense of purpose and learn new skills, build confidence and self-esteem, and provide those crucial social and support networks. It can also help with feelings of stress and overwhelm that young people often feel, particularly around crucial moments such as exam time – and families are often the ones who see the impact of this stress the most.”
Ash Wyllie, 20 years old from Brisbane, is one of the thousands of young people in Australia who’ve reported improved mental health after engaging with headspace Work and Study.
“Before connecting with the headspace Work and Study program, I sometimes lacked confidence in my ability to job search and find the right study options for me,” Ash said.
“At headspace, I could ask questions about work and study, figure out what my goals are and start to actually achieve those goals. It was hugely beneficial, and helped me feel more in control of my life.
“I built a great rapport with my vocational specialist, who created a safe space for me to talk about my future goals.”
In-person work and study support is free and available for 12-25 year-olds at 50 headspace centres nationally. It integrates general mental health support with tailored career advice and helps young people to enrol in study, write resumes and prepare for interviews.
One-on-one work and study support is also available online for 15-25 year-olds, and the headspace Career Mentoring initiative pairs young people aged 18-25 with volunteer professionals based on their career interests and goals, to provide advice and guidance. More information about the Work and Study program can be found on the headspace website, www.headspace.org.au/services/work-and-study-support/.
General support for young people aged 12 to 25 who are struggling with their mental health is also available via phone and online counselling service eheadspace seven days a week between 9am–1am (AEST). The number is 1800 650 890.
If you’re looking for someone to talk to immediately, Lifeline (13 11 14), Kids Helpline (1800 55 1800), and 1800RESPECT (1800 737 732) are available to talk 24/7.
-ENDS-
Key Facts:
*Notes to Editor: Study on tailored work and study support – key findings
A recent study of 2,128 young people aged 12-25 compared the mental health outcomes of those participating in headspace’s Work and Study program with those receiving standard mental health care from their local headspace centre.
• The majority of young people who received mental health care saw an improvement. But those who also received work and study support were up to a third (22-36%) more likely to achieve significantly improved mental wellbeing.
• 81% of the work and study cohort experienced an improvement on at least one of the three mental health measures – psychological distress, quality of life and psychosocial functioning (compared to 75% of those receiving standard care).
• This represents a 22% to 36% higher likelihood of achieving significant improvement on any mental health outcome from receiving work and study support compared to standard mental health services.
• The most significant improvement was seen on quality of life and psychosocial functioning. Psychological distress improved at the same rate for both cohorts.
• Those who were not engaged in study or work and looking for work, and males aged 15-25, saw the biggest improvements in mental wellbeing.
•Almost two-thirds of young people (65%) who participated in the study and received work and study support either secured a job or began studying, while an additional 8% had positive work or study outcomes recorded.
• For Aboriginal or Torres Strait Islander young people, those who went through the work and study program were at least 47-64% more likely to significantly improve on at least one mental health outcome measure, compared than those who received standard care.
by | Feb 28, 2025 | Business
Xpress is set to revolutionize Metro Manila’s streets with XPRESS ARANGKADA – “Barkada sa Kalsada; Asenso ang Kita!” on March 8, 2025, at Dr. A. Santos LRT Station Parking Lot. This dynamic, one-day event will feature instant driver sign-ups, live BYD test drives, Moto Taxi skills demos, and interactive booths offering immediate incentives and ride discounts. With robust support from Cebuana Lhuillier providing exclusive financing options, XPRESS ARANGKADA is all about empowering driver partners and elevating the commuter experience. Discover how Xpress is reshaping urban mobility—visit www.xpress.ph and Facebook at XpressSuperApp for more details.
| Dr. A. Santos
LRT Station Parking Lot, Metro Manila
Metro Manila, Philippines
– Xpress, a leading
ride-hailing platform in Metro Manila, announces XPRESS ARANGKADA “Barkada sa Kalsada; Asenso ang Kita!” on March 8,
2025—a one-day event combining on-the-spot driver registration with
demonstrations of the latest innovations in urban transportation. For more
information, visit www.xpress.ph and Facebook at XpressSuperApp
Event Overview
The campaign, held at the Dr. A. Santos LRT
Station Parking Lot, offers a dual focus:
• Driver Acquisition: Potential drivers can complete a fast-track
sign-up process, participate in live vehicle demonstrations—including BYD Car
Test Drives and Moto Taxi Skills Assessment Rides—and explore interactive
engagement stations featuring immediate registration support and incentives.
• Customer-Centric Innovation: Commuters and first-time Xpress app users
will experience service enhancements that ensure every ride is seamless, safe,
and reliable. Head of Operations Joshua Callueng will detail recent
improvements, and new app users can look forward to exclusive surprises and
rewards on their inaugural rides.
Key Highlights
• On-the-Spot Driver Onboarding: A dedicated team will facilitate immediate
registration, enabling new drivers to start earning the same day.
• Live Vehicle Demonstrations: Attendees can experience advanced vehicle
features designed for enhanced safety and efficiency.
• Interactive Engagement: Booths for app downloads, instant ride
discounts, and fun contests such as Spin-the-Wheel offer additional incentives
for both drivers and commuters.
• Empowering Driver Partners: Xpress President Cliff Cabungcal will
outline future initiatives aimed at supporting drivers through enhanced
training, technology upgrades, and incentive programs.
Community Partnership
Xpress is proud to be backed by Cebuana Lhuillier,
a longstanding pillar of the Filipino community renowned for its support and
financial stability. This strategic alliance brings tangible benefits to
drivers, including exclusive financing options via Cebuana Lhuillier’s BYD Car
Loan Pre-Approval.
Quote from Xpress
“Becoming an Xpress driver means joining a
movement that’s reshaping urban mobility in Metro Manila,” said a company
spokesperson. “XPRESS ARANGKADA not only offers immediate sign-up benefits for
aspiring drivers but also showcases customer-focused innovations that improve
every ride.”
Join Us
Aspiring drivers and commuters are invited to join
XPRESS ARANGKADA on March 8, 2025. This event represents a significant step in
Xpress’ commitment to transforming urban transportation through innovation and
community support. For more details, please visit www.xpress.ph.
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