The price surge was fueled by developments related to exchange-traded funds, boosting investor confidence.
Grayscale's filing for a Cardano-focused ETF significantly contributed to ADA's price rally and market optimism.
Altcoins, particularly Cardano (ADA), have posted
impressive gains recently despite Bitcoin struggling to maintain the
psychological $100,000. ADA's positive gains were boosted by developments
involving exchange-traded funds impacting the altcoins.
According to CoinMarketCap data, Cardano's daily chart was up 13% at the time of publication. It has also gained 4% in the past week, ranking
9th with a market capitalization of more than $27 billion.
Cardano Joins the ETF Frenzy
On Monday, crypto investment company Grayscale reportedly filed for a Cardano-focused ETF, boosting the digital asset's performance. ADA has now outperformed major cryptocurrencies, including Bitcoin, and the second-largest digital asset, ADA.
Bitcoin's journey through the $100,000 threshold has
been a difficult one. The top-ranking crypto asset has remained in a
consolidation, trading between $93K and $106k since mid-December last year. Currently, Bitcoin commands a market dominance of 60%
amid investor optimism that the price could surge again. However, for now, it's the
altcoins that are grabbing attention.
Grayscale, a significant player in the crypto
investment space, has previously been reluctant to offer a standalone ADA
investment product. Now, with the application for a Cardano ETF, the firm is
positioning itself to expand its offerings, following similar ETF filings for
Solana and XRP.
While ADA is still down from its peak of $1.16 in
mid-January, its recent performance has left the market hopeful that a
continued bullish trend could be on the horizon, especially if the ETF gains
approval from the SEC.
Institutional Interest Grows
With Grayscale's push to add ADA to its offerings,
many expect more institutions to follow suit if the approval comes through. As
more crypto ETFs gain traction, the overall market capitalization has seen an
impressive rise.
Cardano (ADA), Source: CoinMarketCap
Many investors now wonder whether
Cardano can maintain its momentum. With recent surges, including a 140%
increase over the past six months, ADA's outlook seems promising, especially if
the ETF filing is approved.
In the broader market, the outlook for spot crypto
ETFs has been mixed. Bitcoin ETFs, despite inflows, have experienced outflows
recently, while Ethereum ETFs have seen more consistent performance.
Although Bitcoin remains the dominant force in the
crypto market, the rise of altcoins like Cardano, especially with institutional
interest and ETF filings, signals that a new era in crypto investment could
be unfolding.
Altcoins, particularly Cardano (ADA), have posted
impressive gains recently despite Bitcoin struggling to maintain the
psychological $100,000. ADA's positive gains were boosted by developments
involving exchange-traded funds impacting the altcoins.
According to CoinMarketCap data, Cardano's daily chart was up 13% at the time of publication. It has also gained 4% in the past week, ranking
9th with a market capitalization of more than $27 billion.
Cardano Joins the ETF Frenzy
On Monday, crypto investment company Grayscale reportedly filed for a Cardano-focused ETF, boosting the digital asset's performance. ADA has now outperformed major cryptocurrencies, including Bitcoin, and the second-largest digital asset, ADA.
Bitcoin's journey through the $100,000 threshold has
been a difficult one. The top-ranking crypto asset has remained in a
consolidation, trading between $93K and $106k since mid-December last year. Currently, Bitcoin commands a market dominance of 60%
amid investor optimism that the price could surge again. However, for now, it's the
altcoins that are grabbing attention.
Grayscale, a significant player in the crypto
investment space, has previously been reluctant to offer a standalone ADA
investment product. Now, with the application for a Cardano ETF, the firm is
positioning itself to expand its offerings, following similar ETF filings for
Solana and XRP.
While ADA is still down from its peak of $1.16 in
mid-January, its recent performance has left the market hopeful that a
continued bullish trend could be on the horizon, especially if the ETF gains
approval from the SEC.
Institutional Interest Grows
With Grayscale's push to add ADA to its offerings,
many expect more institutions to follow suit if the approval comes through. As
more crypto ETFs gain traction, the overall market capitalization has seen an
impressive rise.
Cardano (ADA), Source: CoinMarketCap
Many investors now wonder whether
Cardano can maintain its momentum. With recent surges, including a 140%
increase over the past six months, ADA's outlook seems promising, especially if
the ETF filing is approved.
In the broader market, the outlook for spot crypto
ETFs has been mixed. Bitcoin ETFs, despite inflows, have experienced outflows
recently, while Ethereum ETFs have seen more consistent performance.
Although Bitcoin remains the dominant force in the
crypto market, the rise of altcoins like Cardano, especially with institutional
interest and ETF filings, signals that a new era in crypto investment could
be unfolding.
In this conversation, we sit down with Drew Niv, CSO at ATFX Connect and one of the most influential figures in modern FX.
We speak about market structure, the institutional view on liquidity, and the sharp rise of prop trading, a sector Drew has been commenting on in recent months. Drew explains why he once dismissed prop trading, why his view changed, and what he now thinks the model means for brokers, clients and risk managers.
We explore subscription-fee dependency, the high reneging rate, and the long-term challenge: how brokers can build a more stable and honest version of the model. Drew also talks about the traffic advantage standalone prop firms have built and why brokers may still win in the long run if they take the right approach.
In this conversation, we sit down with Drew Niv, CSO at ATFX Connect and one of the most influential figures in modern FX.
We speak about market structure, the institutional view on liquidity, and the sharp rise of prop trading, a sector Drew has been commenting on in recent months. Drew explains why he once dismissed prop trading, why his view changed, and what he now thinks the model means for brokers, clients and risk managers.
We explore subscription-fee dependency, the high reneging rate, and the long-term challenge: how brokers can build a more stable and honest version of the model. Drew also talks about the traffic advantage standalone prop firms have built and why brokers may still win in the long run if they take the right approach.
Executive Interview | Remonda Z. Kirketerp Møller| CEO & Founder Muinmos | FMLS:25
Executive Interview | Remonda Z. Kirketerp Møller| CEO & Founder Muinmos | FMLS:25
In this interview, Remonda Z. Kirketerp Møller, founder of Muinmos, breaks down the state of AI in regtech and what responsible adoption really looks like for brokers. We talk about rising fragmentation, the pressures around compliance accuracy, and why most firms are still in the early stages of AI maturity.
Ramanda also shares insights on regulator sandboxes, shifting expectations around accountability, and the current reality of MiCA licensing and passporting in Europe.
A concise look at where compliance, onboarding, and AI-driven processes are heading next.
In this interview, Remonda Z. Kirketerp Møller, founder of Muinmos, breaks down the state of AI in regtech and what responsible adoption really looks like for brokers. We talk about rising fragmentation, the pressures around compliance accuracy, and why most firms are still in the early stages of AI maturity.
Ramanda also shares insights on regulator sandboxes, shifting expectations around accountability, and the current reality of MiCA licensing and passporting in Europe.
A concise look at where compliance, onboarding, and AI-driven processes are heading next.
In this conversation, we speak with Aydin Bonabi, CEO and co-founder of Surveill, a firm focused on fraud detection and AI-driven compliance tools for financial institutions.
We start with Aydin’s view of the Summit and the challenges brokers face as fraud tactics grow more complex. He explains how firms can stay ahead through real-time signals, data patterns, and early-stage detection.
We also talk about AI training and why compliance teams often struggle to keep models accurate, fair, and aligned with regulatory expectations. Aydin breaks down what “good” AI training looks like inside a financial environment, including the importance of clean data, domain expertise, and human oversight.
He closes with a clear message: fraud is scaling, and so must the tools that stop it.
In this conversation, we speak with Aydin Bonabi, CEO and co-founder of Surveill, a firm focused on fraud detection and AI-driven compliance tools for financial institutions.
We start with Aydin’s view of the Summit and the challenges brokers face as fraud tactics grow more complex. He explains how firms can stay ahead through real-time signals, data patterns, and early-stage detection.
We also talk about AI training and why compliance teams often struggle to keep models accurate, fair, and aligned with regulatory expectations. Aydin breaks down what “good” AI training looks like inside a financial environment, including the importance of clean data, domain expertise, and human oversight.
He closes with a clear message: fraud is scaling, and so must the tools that stop it.
Exness expands its presence in Africa: Inside our interview with Paul Margarites in Cape Town
Exness expands its presence in Africa: Inside our interview with Paul Margarites in Cape Town
Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness
Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown
Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness
Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown
Executive Interview | Jas Shah | FMLS:25
Executive Interview | Jas Shah | FMLS:25
Interview with Jas Shah
Builder | Adviser | Fintech Writer | Product Strategist
In this episode, Jonathan Fine sat down with Jas Shah, one of the most thoughtful voices in global fintech. Known for his work across advisory, product, stablecoins, and his widely read writing, Jas brings a rare combination of industry insight and plain-spoken clarity.
We talk about his first impression of the Summit, the projects that keep him busy today, and how they connect to the stablecoin panel he joined. Jas shares his view on the link between fintech, wealthtech and retail brokers, especially as firms like Revolut, eToro and Trading212 blur long-standing lines in the market.
We also explore what stablecoin adoption might look like for retail investment platforms, including a few product and UX angles that are not obvious at first glance.
To close, Jas explains how he thinks about writing, and how he approaches “shipping” pieces that spark debate across the industry.
Interview with Jas Shah
Builder | Adviser | Fintech Writer | Product Strategist
In this episode, Jonathan Fine sat down with Jas Shah, one of the most thoughtful voices in global fintech. Known for his work across advisory, product, stablecoins, and his widely read writing, Jas brings a rare combination of industry insight and plain-spoken clarity.
We talk about his first impression of the Summit, the projects that keep him busy today, and how they connect to the stablecoin panel he joined. Jas shares his view on the link between fintech, wealthtech and retail brokers, especially as firms like Revolut, eToro and Trading212 blur long-standing lines in the market.
We also explore what stablecoin adoption might look like for retail investment platforms, including a few product and UX angles that are not obvious at first glance.
To close, Jas explains how he thinks about writing, and how he approaches “shipping” pieces that spark debate across the industry.
