Welcome Aboard, Cardano

Digital-asset management firm Grayscale is helping $ADA.X get a leg up today. The company added the crypto to its large-cap fund. 😊

The firm sold some existing parts of the fund to finance the coin’s inclusion. Cardano is now the fund’s third-largest holding behind Bitcoin and Ethereum. 

The announcement on Twitter helped push $ADA.X up 6.5%. It makes $ADA.X the biggest gainer of the week in the crypto market.

You go, Cardano. 🤘

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Community Charts – March 6, 2024

GetRichSlow shows off a beautiful logarithmic $BTC chart, hinting at $200k in Q1 2025. 

His Fibonacci expansions highlight a series of projected price levels along with vertical blue bars highlighting when the RSI crosses 70. 

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Technically Speaking – March 5, 2024

Well, like I said, this isn’t a fun Litepaper. Instead of finding wen-Moon or wen-Lambo, we will be looking for wen-bottom. 💔

I’ll keep it short and sweet, quickly identifying where analysts and traders see strong support levels ahead.

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So. Damn. Close.

Unless you’ve been sleeping off some horrible life decisions from last night, $BTC is insanely close to reaching its prior all-time high. 🚀

It’s probable that by the time you read this, new all-time highs might already be in. 

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