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Cardano price at risk of a deeper dive as key DeFi metrics crash
GameFi Guides

Cardano price at risk of a deeper dive as key DeFi metrics crash

by admin September 29, 2025



Cardano price has plunged into a bear market by over 24% from the year-to-date high; technicals in the DeFi industry point to more downside.

Summary

  • Cardano price has formed a head-and-shoulders and a rising wedge pattern on the daily chart.
  • The total value locked in its DeFi ecosystem has plunged in the past few weeks.
  • It is not benefiting from the GENIUS Act as the stablecoin supply has crashed.

Cardano (ADA) token dropped to $0.7736, its lowest level since Aug. 12, mirroring the performance of most altcoins like Ethereum and Solana.

One of the key fundamental reasons for the plunge is the Cardano’s decentralized finance ecosystem has underperformed its peer chains. The total value locked has plunged to $320 million, its lowest level in months and much lower than the year-to-date high of $680 million.

Cardano has not had any major new DeFi applications in its ecosystem this year. The biggest names in its ecosystem are platforms like Liqwid, Minswap, and Indigo.

Meanwhile, Cardano is not benefiting from the recently passed GENIUS Act as the total stablecoin supply in its network has dropped by 4.4% in the last seven days to $37 million. This supply is much smaller than other newer blockchains like Unichain, Linea, and Plasma.

Cardano’s decentralized exchange ecosystem has also gone quiet, with the volume continuing to falling. These DEX networks handled just $1.4 million in the last 24 hours.

Additionally, there are signs of little institutional demand for Cardano as only Grayscale has filed for a spot ADA ETF. In contrast, coins like Solana (SOL) and Ripple (XRP) have attracted at least 7 applications.

Cardano price technical analysis

ADA price chart | Source: crypto.new

A technical analysis suggests further downside for the Cardano price in the coming weeks. It has formed a rising wedge pattern on the daily chart. A closer look reveals that it has already moved below the lower side of this pattern, indicating further downside.

Cardano price has also formed a head-and-shoulders pattern and has already crashed below the neckline.

ADA price has plunged below the 50-day and 100-day Exponential Moving Averages, a sign that bears have prevailed.

The Average Directional Index has moved to 22, indicating that the downtrend is intensifying.

Therefore, these patterns suggest a potential downside, potentially reaching the June low of $0.5095, which is approximately 35% below the current level.



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September 29, 2025 0 comments
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Decrypt logo
Crypto Trends

Bitcoin, Ethereum and Dogecoin Dive as Crypto Liquidations Top $1 Billion

by admin September 28, 2025



In brief

  • Liquidations topped $1.1 billion, most of the them long positions.
  • Bitcoin was down 3.6% over the past 24 hours and nearly 7% for the week.
  • Glassnode said that crypto markets were showing “signs of exhaustion.”

Major digital coins including Bitcoin, Ethereum, and Dogecoin plunged on Thursday, with liquidations over a 24-hour period topping $1 billion. 

Bitcoin, the leading cryptocurrency, was recently down by 3.6% over the past 24 hours, trading for under $109,554, crypto data provider CoinGecko shows. BTC is down nearly 7% for the week. 

While Ethereum, the second biggest digital coin, dropped  7% to trade at $3,887 Thursday afternoon New York time. 



Other major cryptocurrencies were battered harder, with Dogecoin plunging by 7.6%. The original meme coin and eighth-biggest digital asset was trading close to $0.23.

Solana also sank by 7.7% to $197. 52. Both SOL and DOGE are down about 21% over the last week alone, making them the biggest losers among the top 100 coins by market cap.

The drop in crypto prices came with a dip in the stock market, with the S&P 500, tech-heavy Nasdaq, and Dow Jones Industrial Average all shedding value.

CoinGlass data shows that over $1.1 billion in traders’ positions betting on the future prices of cryptocurrencies had been liquidated. The vast majority of that number—over $1 billion—were long positions.

Glassnode analysts said in a Thursday report that the biggest digital coin was now “showing signs of exhaustion” as long-term holders had taken profits and ETF flows had slowed down. 

“Unless demand from institutions and holders aligns again, the risk of deeper cooling remains high, highlighting a macro structure that increasingly resembles exhaustion,” Glassnode said, noting that the current up cycle has already lasted 1,030 days, just short of the roughly 1,060-day span of the past two bull markets.

Those placing bets on Myriad, a prediction market owned by Decrypt‘s parent company, DASTAN, are also feeling bearish: 70% of betters expect BTC will drop to $105,000 before it reaches $125,000. 

Bitcoin’s all-time high currently stands at $124,128. It broke that record in August. 

Juan Leon, senior investment strategist at crypto asset manager Bitwise, told Decrypt in an interview that crypto was “at the mercy of macro right now.” Leon noted the specter of a U.S. government shutdown that could lead to mass layoffs, rising geopolitical tensions, and a toxic mix of sagging job markets and upwardly revised GDP numbers that could make an interest rate cut less likely.

“Bitcoin and other crypto assets were already hovering in uncertain territory over the last couple of weeks, and so investors were already a little skittish trying to figure out what direction the market is going to take going into Q4,” Leon said. “So I think investors are just bracing into safety, and crypto assets are getting sold down as a result.”

Leon added, however, that he did not believe that crypto prices had topped out, highlighting the enactment of the Genius Act and likely passage of additional crypto friendly legislation and growing institutional interest in digital assets.

“This cycle is fundamentally different than past cycles, and we have to adjust to the new reality,” Leon said. “This is the first cycle where we have regulatory clarity that is just starting. And this is the first cycle that is being driven by institutional adoption instead of retail adoption. As we know, institutional adoption is slower and more spaced out than the retail sort of driven euphoria that we’ve seen in the past.”

Analysts now await Friday’s Personal Consumption Expenditures Price Index (PCE), a favored measure of the Federal Reserve, which could determine the U.S. central bank’s next move. 

An increase in the PCE could lead to a second consecutive interest rate cut in 2025, which could benefit Bitcoin and other risk assets that traditionally respond well to surges of liquidity in markets. 

UPDATE (September 25, 2025, 2:49 p.m. ET): Updates headline, liquidation totals and prices, adds Leon and Glassnode quotes. 

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September 28, 2025 0 comments
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Dive Into the Most Breathtaking Ocean Photos of the Year
Gaming Gear

Dive Into the Most Breathtaking Ocean Photos of the Year

by admin September 24, 2025


While floating in the crystal-clear waters of the northern Great Barrier Reef, a sleek, dark shape glided toward Marcia Riederer. The Brazilian-born wildlife and underwater photographer watched as the dwarf minke whale approached, snapping a photo at the exact moment it turned and fixed one eye on her.

“These curious giants approach swimmers with an almost playful curiosity,” Riederer told Oceanographic Magazine. “The whales seem to acknowledge your presence, circling and interacting with you. It’s a humbling experience, reaffirming the wonder of the ocean and its inhabitants, and the urgent need to conserve it.”

Her stunning photo, shown above, won Riederer first place in the fine art category of the 2025 Ocean Photographer of the Year awards. This competition, presented by Oceanographic and Blancpain, honors awe-inspiring images that showcase the ocean’s beauty and its fragility. Read on to dive into the rest of this year’s winning photos.

Wildlife photographer of the year: Takumi Oyama

Japanese marine researcher Takumi Oyama captured the larval dispersal behavior during the hatching of the yellow pygmy goby. © Takumi Oyama

The yellow pygmy goby is a small, brightly colored fish native to the western Pacific Ocean. Japanese marine researcher Takumi Oyama photographed this one mid-larval dispersal. “In gobiid fishes, male parental care is common, but unusually, in the yellow pigmy goby, females also participate in parental hatching care,” he explained. “This individual is a female, releasing newly hatched larvae into the water column from her mouth.”

Oyama’s research focuses on the reproductive ecology of fish, particularly of reef fish in Japan. He conducts scuba-based fieldwork to get up close and personal with marine life, using underwater photography to aid his research and share his observations with the world.

Adventure photographer of the year: Ben Thouard

French photographer Ben Thouard captured this dramatic shot of rough surf off the coast of Nazaré, Portugal © Ben Thouard

The coast of Nazaré, Portugal, is infamous for its massive waves, producing some of the largest swells ever surfed. French photographer Ben Thouard snapped this dramatic shot on a particularly rough day. “The wind was blowing from the north which makes the surf tricky,” he said. “It was the end of the afternoon; the light was interesting from the beach instead as from the usual cliff view. It was hard to shoot anything because of the big sets and the saltwater in the air. But, eventually, this moment happened.”

Thouard has been photographing the ocean ever since he was a teenager. He is now based in Tahiti—another part of the world known for its powerful waves—where he has developed his unique visual style.

Conservation (impact) photographer of the year: Hugo Bret

French photographer Hugo Bret hopes his photo of a deceased long-finned pilot whale fetus drives conservation of this species. © Hugo Bret

The traditional whaling practice of grindadráp is deeply rooted in centuries of Faroese culture. The hunts were once critical to human survival in the Faroe Islands, but today, conservationists argue that the mass killing of pilot whales poses a significant threat to the species. French photographer and marine biologist Hugo Bret captured this evocative image of a long-finned pilot whale fetus lying lifeless under its mother’s corpse after one such hunt.

“Each year, more than 1,000 cetaceans are killed during grindadráp, the slaughter of entire whale groups, including juveniles and pregnant females,” he said. “While these hunts were once an existential necessity, they are no longer subsistence practices. I hope this image drives global attention to end the grindadráp and, at a broader scale, advocates for a reconsideration of what the human relationship with other living beings should be.”

Conservation (hope) photographer of the year: Sirachai Arunrugstichai

An aquarist holds a glass jar with an early-stage embryo of an Indo-Pacific Leopard shark in this photo by Thai photojournalist and marine biologist Sirachai Arunrugstichai © Sirachai Arunrugstichai

Indo-Pacific leopard sharks were once abundant in the Coral Triangle, an area of exceptional marine biodiversity in the western Pacific. Today, this species is on the International Union for Conservation of Nature (IUCN) list of endangered species, driven nearly to extinction by overfishing and habitat loss.

This striking photo by Thai photojournalist and marine biologist Sirachai Arunrugsticha offers a glimmer of hope. “An aquarist holds a glass jar with an early-stage embryo of an Indo-Pacific Leopard shark (Stegostoma tigrinum), its egg case removed for a rearing experiment at Aquaria Phuket, one of Thailand’s largest private aquariums,” he explained. “Since 2023, the aquarium’s staff-driven breeding program has produced over 40 pups of this Endangered species, listed on the IUCN Red List.”

Human connection award: Craig Parry

Australian ocean and nature photographer Craig Parry documented the effort to save this beached humpback whale in New South Wales, Australia. © Craig Parry

Rescue teams and local community members worked for 15 hours to save this humpback whale that became beached in New South Wales, Australia. Australian ocean and nature photographer Craig Parry documented the tireless effort, snapping this aerial photo.

“Sadly, despite their dedication, she could not be saved,” Parry said. “While the outcome was heartbreaking, witnessing the collaboration and compassion shown by multiple agencies and volunteers was incredibly moving—a powerful reminder of what can be achieved when people come together with a shared purpose.”

Young photographer of the year: Aaron Sanders

UK-based underwater photographer and filmmaker Aaron Sanders snapped this intimate shot of two bobtail squids mating. © Aaron Sanders

These iridescent bobtail squid are wrapped in a tender embrace, mating on the seabed off the coast of the U.K. Underwater photographer and filmmaker Aaron Sanders carefully approached so as not to disturb the pair, capturing this dazzling photo.

“Waves of color rippled across their bodies as chromatophores pulsed in a mesmerizing rhythm, white flickered to gold, gold to red, and back again, transforming them into living, glowing jewels in the dark,” Sanders said. “These otherworldly creatures performed their courtship, creating the next generation of Bobtail squid.”

Ocean portfolio award: Matthew Sullivan

Florida-based underwater and wildlife photographer Matthew Sullivan captured this portrait of a mouthbrooding jawfish. © Matthew Sullivan

What looks like hundreds of tiny eyeballs in this male jawfish’s mouth is actually his own offspring. Mouthbrooding jawfish protect their fertilized eggs by carrying them around in their mouths for a week or more. During this period, they refrain from eating and regularly “juggle” the eggs—essentially spitting them out then sucking them back in—to make sure they receive enough oxygen.

“2025 was an exceptional year for spotting mouthbrooding males,” said Florida-based underwater and wildlife photographer Matthew Sullivan. “This particular male was quite bold and once he became comfortable with me, he allowed me to take this image.”

Female fifty fathoms award: Jualing Cai

In this photo by Chinese photographer Jialing Cai, a fish captures a jellyfish off the coast of Anilao, Philippines. © Jialing Cai

Off the coast of Anilao, a barangay in the Philippines, Chinese photographer Jialing Cai snapped this photo of a funky-looking fish that had captured a jellyfish in its mouth. “It potentially grabbed it for chemical defence by taking advantage of the toxins in its tentacles,” Cai explained. “While the fish was holding the jelly in its mouth, it looked like it was blowing a balloon.”

The ocean photographer of the year: Yury Ivanov

The grand prize goes to photographer and dive master Yury Ivanov for this macro photo of two “ladybugs of the sea” resting on a coral. © Yury Ivanov

The overall winner of this year’s Ocean Photographer of the Year awards is Indonesia-based photographer and dive master Yury Ivanov. He captured this colorful image of two amphipods from the Cyproideidae family, each only measuring around 3 mm in body length, resting on a coral.

These tiny creatures are commonly known as “ladybugs of the sea,” and you can see why. Their black spotted bodies and insect-like features make them look like an otherworldly version of the common winged beetles. “It required a lot of patience and precision to compose and light the shot properly,” Ivanov said. “In total, it took me six dives to get the shot I wanted. The result reveals an intimate glimpse of underwater life that is often overlooked.



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September 24, 2025 0 comments
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Get your ears primed for ARC Raiders in new Soundscapes deep dive
Esports

Get your ears primed for ARC Raiders in new Soundscapes deep dive

by admin September 4, 2025


Listen up. Literally. ARC Raiders is one of the most anticipated shooters coming in 2025, and the team at Embark wants you to hear what they’ve got cooking. In the latest trailer – Soundscapes – they detail their sound design. This is just the beginning of the lead up to the October 30th launch, take a look at more below along with the trailer.

This is the first in a series of upcoming media opportunities we’ll be rolling out on the way to launch. Topics will include:

  • Gameplay deep dives
  • Sound & music design
  • A solo player’s guide
  • Combat, weapons & arc machines
  • Characters, lore, world
  • And more!

Stay tuned to GamingTrend for more ARC Raiders news and info!


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