CARDANO ADA - Volatility Again?! Important News Updates! ADA Gains Strength!

Added: 2026-05-11

[00:00:01]So, it has been a very quiet weekend as expected. Not a lot of change in terms of price. Now, I will say that we are seeing a little bit of green today, which is counteracting some of that red that we saw yesterday. And I I hate to say it, but the market again is building up to a moment where it's going to get volatile. It's obviously a question of what direction. Um, do want to actually go over what leverage is looking like here. Need to go over a few updates in terms of news. And actually, we need to talk about a restructuring that took place on the institutional side. This is good for ADA. So, if you guys are new or haven't already, again, make sure you like, comment, subscribe, show your support for the channel down below. But let's take a look at this here because again, we're sitting in a very comfortable spot here. ADA is still broken out. Um, we're we're up about6% today after being down 0.95% yesterday.

[00:00:48]Staying in a a very confident range right now. Now, here's what I will say is that leverage is creeping in. volume is insanely low. Just to show everybody over the last 24 hours, 57 billion dollars in trading volume. This is easily easily the lowest volume day we've seen in the last 30 days. So, the market is building up to something and hopefully it's not a retracement.

[00:01:12]Hopefully, it's not red. Um, but I will say, you know, going over some of the news, we are seeing tensions uh rise on multiple fronts. Now, I'll get to that in just a moment. Uh but BTC is seeing some green today, green yesterday, green Friday. Obviously trying to erase that red day that we saw on uh Thursday and trying to get back to the top of of structure here. It is trying to do this retest. It's just a question of obviously what happens if and when that retest does take place. Are we going to get smashed back down towards this 20-day moving average? Are we actually going to start to breach this 200 day with a little bit of vigor? We'll have to wait and see. Now obviously again good for all coins. I talked about this in my SHIB video yesterday. uh we in terms of the total three minus USDT uh we saw the highest level we have seen since all the way back in in in February right since February third actually so all coins are continuing to show more and more and more strength a lot of conviction at play at the same time we're also seeing leverage on the rise and we're going to have to watch that as we get into the early part of the week and I'll get to that more here in just a moment uh because shorts have been opening up some pretty sizable positions this weekend but um here is uh an interesting thing. Obviously, on Thursday, we're supposed to get the vote on the Clarity Act in the Senate Banking Committee. Well, it sounds like banks are still lobbying to try to make changes before then. They're really trying to push in, get these changes in place. And obviously, the big point of contention that we've been dealing with last, you know, year or so has been stable coin yield. Obviously, there have been major concessions that have been made on both sides to get us to this point where it's actually advancing to the Senate Banking Committee for this uh vote or for markups. Um, and yeah, they're they're they're still trying to implement these changes and they right now have kind of the most power. And why I'm saying that, and this is not to be negative, is because there is a deadline. This needs to get in soon. Uh so many are actually suggesting May 21st here. Uh either or if it does not happen, the chances are that obviously, you know, Senate members are going to start going and campaigning. They there will be a recess obviously as well. Uh and it's very unlikely that we see the Clarity Act in this calendar year. So the banks know that if they stall and stall and stall and stall and stall, uh they're just fine with where they're at, right? Obviously, the crypto industry wants adoption. We want, you know, we want new retail to enter the space. We want them a real a reason or to give them a reason to utilize stable coins, to utilize blockchain tech. And the banks don't really want that. All right.

[00:03:50]So, that's where this big butdding of heads is taking place. Eventually, the banks are going to lose. They're going to have to conform. They're going to have to, you know, open up the doors to the industry. Probably start to get into the industry if they're not already. Um, but this obviously is a big problem because this vote is supposed to take place on Thursday. So, we're going to have to watch that very closely. Just a little bit of rising tensions there.

[00:04:09]Now, there are obviously rising tensions over in the Middle East as well. Um, Iran is moving to place all seven undersea internet cables running through the straight of Hormuz under full Iranian control, requiring foreign operators to obtain permits, pay transit fees, and comply with Iranian law. The cables are said to handle a major share of global data traffic linking to Europe, the Gulf, and Asia with Iran proposing exclusive control over their management and maintenance through domestic companies. The IRGC had previously warned it could target submarine submarine cable infrastructure in the region, which Gulf states heavily rely on for the internet banking and cloud services. So they've gone from basically being backed into a corner to now trying to lash out and you know control the straight of Hormuz control these undersea cables and they're trying to essentially posture that they have all this power but there is a lot of push back and the more they push the more push back there's going to be from nations in the region from the US and obviously tensions are brewing they are rising so that is something that we're going to have to pay attention to because there hasn't been any dramatic escalations recently That might change in the notsodistant future. Now, apparently the US and Iran could resume negotiations in Islamabad as early as next week. This was posted yesterday, so I don't know if that's this coming week ahead of us or the following week. Uh, but Iran has also come out and said that negotiations with the US are not a surrender. They're trying not to show weakness, obviously.

[00:05:37]Um, so that's that's obviously the biggest thing that we're going to have to pay attention to is that these escalations could be dramatic. They could happen at any point in time and they could obviously make charts kind of the bed. They could make oil rise.

[00:05:52]They could make stocks fall. They could make crypto market erase a lot of the gains that we've seen. And this isn't me being negative or anything like that.

[00:05:59]Just understand that we're still in uncertain times. because the stuff is still hanging out there and you know giving us some of the the you know the hesitance in the space if you will not ready to just you know go go full sendi yet if you will. Now something good taking place on the ADA side on the Cardano side. So in Q1 uh Grayscale actually had rebal they you know they continue to rebalance their smart contract fund which obviously has ADA in it. Um and it actually gone up I believe as high as 18.55%.

[00:06:29]um they actually were down to 17.96% in ter as of May 1 and actually the fund has just readjusted I believe it was a few days ago or so now as of May 7th.

[00:06:41]Yeah it's a few days ago back up to 18.33%.

[00:06:45]So ADA continues to strengthen in this fund and again ADA is the third largest holding uh in this smart contract fund behind Salana and Ethereum. So that is obviously very exciting to see. Now, like we talked about, shorts are opening up positions. They're definitely smashing that that uh not the open button. You guys know what I'm saying?

[00:07:05]They're opening up positions in an insane way. In fact, just over the last 24 hours uh heavily weighted to the short side, 20 22%. They are betting that the market is going to drop. And just to show everybody, here is what the leverage liquidation heat maps look like. You guys can see we are once again in compression ranges in terms of price, in terms of BTC. This is why, you know, I hate to say, oh, we're prepare for a volatile week. Yeah, it's it's it's going to be a volatile week, right? This is what a lot of them have looked like as of late. You guys can see the heavy short presence just above here. Longs kind of confident, but not that confident, creeping in, just sitting down here at about 80,350.

[00:07:45]Shorts actually at 811. So, obviously a lot closer to price than longs are. Um, so that that's kind of what we're dealing with right now on the BTC side.

[00:07:53]ADA right now, not not really much different. Um, compressed in terms of price. There is a bunch of long leverage down here at about 26 cents. So, just pay attention to that. That is obviously the lows. We continued to tap um uh back on the 7th, but yeah, it's it's all squeezing right now. I would expect a lot of volatility. Volume is probably going to spike back up and who knows, it may even be another weekend announcement that sends this thing in motion. But, I appreciate you guys. I hope you enjoyed the video. Let me know your thoughts below. But have a great day. Catch you guys in the next one.