Cardano Millionaires Back Down: Why Whales Are Cashing Out of ADA Now
Cardano (ADA) whales holding from 1 million to 10 million tokens slash positions as 'death cross' and two more bearish signals emerge.
Cardano (ADA) whales holding from 1 million to 10 million tokens slash positions as 'death cross' and two more bearish signals emerge.

Cardano fell below $0.19 as Grayscale withdrew its ADA ETF filing, just before CME futures crossed a key six month SEC listing threshold.

Grayscale withdrew its registration for the Cardano Trust ETF on Aug. 7, telling the SEC only that it “does not intend to proceed with the planned distribution.” The move was voluntary and came along with parallel registrations for Hedera and Polkadot, within about three minutes of each other that same afternoon. Two days later, ADA […]

ADA, SHIB, and PI have tanked hard today as well.
Grayscale has ended its current Cardano ETF effort as ADA tests $0.20, but the SEC did not reject the proposed product.

The recent development represents a setback for Cardano's ETF narrative, but ADA's price reaction has been relatively contained.

Grayscale has quietly withdrawn its Cardano, Hedera and Polkadot exchange-traded fund (ETF) registrations within three minutes of each other, ending three attempts to bring the tokens to U.S. markets without explanation. Three Withdrawals, 190 Seconds Apart According to Securities and Exchange Commission (SEC) filings, Grayscale filed three separate Form RW submissions on Aug. 7, withdrawing […]

Zinetti's exit may challenge Cardano's technical continuity and strategic momentum, impacting its enterprise initiatives and ecosystem growth.

Cardano's focused funding approach may accelerate innovation in key blockchain areas, potentially enhancing its ecosystem's competitiveness and utility.

On August 7, 2026, Grayscale Investments filed three Form RW submissions with the SEC. It withdrew the S-1 registration statements for the Grayscale Cardano Trust ETF, Grayscale Hedera Trust ETF, and Grayscale Polkadot Trust ETF, all within minutes of each other. The Cardano and Polkadot registrations dated back to August

Grayscale withdrew SEC registrations for planned ADA, HBAR and DOT ETFs, saying no shares were sold and the filings never became effective.

Grayscale's ETF withdrawal highlights a strategic focus shift, potentially impacting investor confidence in altcoin market diversification.

Cardano, Hedera and Polkadot registration withdrawals gave no reason for the retreat, while five other Grayscale altcoin filings remained preliminary.

The aggregate crypto market cap rose from under $2.2 trillion to $2.9 trillion during the first week of August 2026. Bitcoin gained over 3% to peak above $65,300, pushing its market cap past $1.3 trillion while Cardano logged a second week of double-digit gains. Bitcoin Reclaims $65,000 Despite CLARITY Act Setback The first week of […]

Crypto’s favorite buy-the-dip strategy failed to make money for Ethereum and Cardano investors who stuck with it since the start of 2022. An investor who placed $100 into Ethereum every month from January 2022 through August 2026 would have contributed $5,600 but ended up with about $4,898, a 12.5% loss, CryptoRank data showed. The same […]

ADA has stolen the show over the past week after it was declared dead following Hoskinson's break a few months ago.
How the transition to Dijkstra era fueled Cardano's double-digit weekly rally.
The market stays at the crossroads as some outsiders attract more attention than anticipated.
The altcoin could challenge the overhead supply zone 25% higher next.