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🚀Is ADA About to Soar? Analysts Predict 23% Surge! But I've Already Spot These Pitfalls for You～｜Crypto Intelligence Bureau
【Original Highlights】
💰Quote: Cardano (ADA) has already surged over 23% this year, and analysts predict it could keep skyrocketing! 🔥 Target price? Blow your cheeks out—higher! Higher!
【My Interpretation】
💡Simple Translation: ADA's rally has been like a rollercoaster! Up 23% since the beginning of the year! Analysts believe this isn't over yet and it might still hit new highs～
✨Background Analysis: Could be related to technical upgrades and ecosystem applications? After all, they've been active lately, but the specific catalysts… well… analysts didn’t go into detail (raising eyebrow.jpg)
⚠️Risk Warning:
👉Analysts might be overly optimistic! After all, the crypto market is no stranger to rollercoaster swings—sudden policy changes, big institutions dumping, and the gains could vanish in an instant…
👉The 23% gain is based on 2026 data, but market conditions change rapidly—don’t let past performance fool you～
【Fun Analysis】
Could ADA break expectations and make it onto the "Dark Horse List"? After all, Ethereum and Bitcoin have been quietly rising lately…
(peeking at wallet balance with a sly look)
#AdamBack $ADA
【Original Highlights】
💰Quote: Cardano (ADA) has already surged over 23% this year, and analysts predict it could keep skyrocketing! 🔥 Target price? Blow your cheeks out—higher! Higher!
【My Interpretation】
💡Simple Translation: ADA's rally has been like a rollercoaster! Up 23% since the beginning of the year! Analysts believe this isn't over yet and it might still hit new highs～
✨Background Analysis: Could be related to technical upgrades and ecosystem applications? After all, they've been active lately, but the specific catalysts… well… analysts didn’t go into detail (raising eyebrow.jpg)
⚠️Risk Warning:
👉Analysts might be overly optimistic! After all, the crypto market is no stranger to rollercoaster swings—sudden policy changes, big institutions dumping, and the gains could vanish in an instant…
👉The 23% gain is based on 2026 data, but market conditions change rapidly—don’t let past performance fool you～
【Fun Analysis】
Could ADA break expectations and make it onto the "Dark Horse List"? After all, Ethereum and Bitcoin have been quietly rising lately…
(peeking at wallet balance with a sly look)
#AdamBack $ADA
🤯 $BTC About to EXPLODE?! 🚀
$BTC Buy Bitcoin NOW – before the governments step in and potentially trigger a massive price surge! Adam Back just dropped this warning, and you know he's been right before. Don't wait for the headlines, be ahead of the curve. This isn't financial advice, but a heads-up from a true OG in the space. ⏳
#Bitcoin #AdamBack #FOMCWatch #BTC 🚀
$BTC Buy Bitcoin NOW – before the governments step in and potentially trigger a massive price surge! Adam Back just dropped this warning, and you know he's been right before. Don't wait for the headlines, be ahead of the curve. This isn't financial advice, but a heads-up from a true OG in the space. ⏳
#Bitcoin #AdamBack #FOMCWatch #BTC 🚀
🚀 Adam Back Says:
“$100,000 is way too cheap. Bitcoin gets between $500,000 and $1 Million during this cycle.”
💎 Key takeaways:
• Legendary crypto pioneer calling for massive upside
• Signals extreme confidence in BTC’s next leg
• Highlights the potential scale of this cycle
⚡ Position early, the momentum is building.
#bitcoin #BTC #Crypto #AdamBack #CryptoCycle
$BTC
“$100,000 is way too cheap. Bitcoin gets between $500,000 and $1 Million during this cycle.”
💎 Key takeaways:
• Legendary crypto pioneer calling for massive upside
• Signals extreme confidence in BTC’s next leg
• Highlights the potential scale of this cycle
⚡ Position early, the momentum is building.
#bitcoin #BTC #Crypto #AdamBack #CryptoCycle
$BTC
🤯 $BTC About to EXPLODE?! 🚀
$BTC Buy Bitcoin NOW – before the governments step in and potentially trigger a massive price surge! Adam Back just dropped this warning, and we all know he’s been spot on with Bitcoin for years. Don’t wait for the headlines, be ahead of the curve. This isn’t financial advice, but a heads-up from a true OG in the space. ⏳
#Bitcoin #AdamBack #BTC #Crypto 🚀
$BTC Buy Bitcoin NOW – before the governments step in and potentially trigger a massive price surge! Adam Back just dropped this warning, and we all know he’s been spot on with Bitcoin for years. Don’t wait for the headlines, be ahead of the curve. This isn’t financial advice, but a heads-up from a true OG in the space. ⏳
#Bitcoin #AdamBack #BTC #Crypto 🚀
Adam Back advises: “$BTC Buy Bitcoin before governments get involved—prices could surge significantly.”$BTC
#AdamBack #USChinaDeal #FOMCWatch
#AdamBack #USChinaDeal #FOMCWatch
🤯 $BTC : Adam Back Just Dropped a Bitcoin Bomb! 💣
Buy Bitcoin every month. Never short it. That’s the unwavering conviction of Blockstream’s CEO, Adam Back – a true OG in the Bitcoin space. 🚀
He’s championing dollar-cost averaging (DCA), cutting through the noise of volatility and emotional trading. Forget timing the market; consistent accumulation is the key, aligning with $BTC limited 21 million coin supply.
And a stark warning: don’t bet against Bitcoin. History shows short sellers get burned as adoption surges and the macro landscape shifts. Bitcoin isn’t a trade, it’s a long-term savings technology. 💰 $ETH and even $BNB can’t compete with that fundamental shift. Time is on your side. ⏳
#Bitcoin #Hodl #DCA #AdamBack 🚀
Buy Bitcoin every month. Never short it. That’s the unwavering conviction of Blockstream’s CEO, Adam Back – a true OG in the Bitcoin space. 🚀
He’s championing dollar-cost averaging (DCA), cutting through the noise of volatility and emotional trading. Forget timing the market; consistent accumulation is the key, aligning with $BTC limited 21 million coin supply.
And a stark warning: don’t bet against Bitcoin. History shows short sellers get burned as adoption surges and the macro landscape shifts. Bitcoin isn’t a trade, it’s a long-term savings technology. 💰 $ETH and even $BNB can’t compete with that fundamental shift. Time is on your side. ⏳
#Bitcoin #Hodl #DCA #AdamBack 🚀
ADA– Technical Analysis
$ADA – Technical Analysis
Current Price: 0.3879
24h Change: +10.23% (strong bullish session)
24h Range: 0.3499 – 0.3936
Volume: High (bullish confirmation)
Trend & Moving Averages
MA(7): 0.3723
MA(25): 0.3619
MA(99): 0.3509
Price is above all key MAs, and short-term MAs are stacked bullishly. This confirms a strong uptrend on intraday to short-term timeframes.
MACD Indicator
DIF: 0.0080
DEA: 0.0057
MACD Histogram: +0.0023
MACD is positive and expanding, showing increasing bullish momentum. No bearish crossover signal yet.
Volume Analysis
Current Vol: 25.9M
MA(5): 20.1M
MA(10): 13.3M
Volume is above average, supporting the breakout move. Healthy buying pressure is present.
Key Levels
Resistance
0.3936 (intraday high)
0.3967 – 0.4000 (major psychological zone)
Support
0.3832 (minor intraday support)
0.3697 (previous consolidation)
0.3563 (strong short-term support)
0.3428 – 0.3324 (trend invalidation zone)
Scenario Outlook
Bullish Case
Sustained hold above 0.3830
Break and close above 0.3967
Next upside targets: 0.410 → 0.425
Pullback / Correction
Rejection near 0.395–0.400
Healthy retrace toward 0.370–0.360
Trend remains bullish as long as price holds above MA(25)
Summary
Trend: Strong Bullish
Momentum: Positive & accelerating
Volume: Supports continuation
Strategy: Buy on dips or breakout above 0.3967 with volume
#ADA.每日智能策略 #ADAAnalysis #ADABullish ABullish #AdamBack
Current Price: 0.3879
24h Change: +10.23% (strong bullish session)
24h Range: 0.3499 – 0.3936
Volume: High (bullish confirmation)
Trend & Moving Averages
MA(7): 0.3723
MA(25): 0.3619
MA(99): 0.3509
Price is above all key MAs, and short-term MAs are stacked bullishly. This confirms a strong uptrend on intraday to short-term timeframes.
MACD Indicator
DIF: 0.0080
DEA: 0.0057
MACD Histogram: +0.0023
MACD is positive and expanding, showing increasing bullish momentum. No bearish crossover signal yet.
Volume Analysis
Current Vol: 25.9M
MA(5): 20.1M
MA(10): 13.3M
Volume is above average, supporting the breakout move. Healthy buying pressure is present.
Key Levels
Resistance
0.3936 (intraday high)
0.3967 – 0.4000 (major psychological zone)
Support
0.3832 (minor intraday support)
0.3697 (previous consolidation)
0.3563 (strong short-term support)
0.3428 – 0.3324 (trend invalidation zone)
Scenario Outlook
Bullish Case
Sustained hold above 0.3830
Break and close above 0.3967
Next upside targets: 0.410 → 0.425
Pullback / Correction
Rejection near 0.395–0.400
Healthy retrace toward 0.370–0.360
Trend remains bullish as long as price holds above MA(25)
Summary
Trend: Strong Bullish
Momentum: Positive & accelerating
Volume: Supports continuation
Strategy: Buy on dips or breakout above 0.3967 with volume
#ADA.每日智能策略 #ADAAnalysis #ADABullish ABullish #AdamBack
😄 Adam Back, co-founder of B..... and O..... c....., reportedly placed a *limit order to buy all 21 million BTC at $0.02* 💸
🧠 Why? Not because he expects it, but *just in case* the unthinkable happens — like a flash crash, massive glitch, or black swan event 💥🐦
This is called a *"lotto limit order"* — you don’t expect it to hit, but if it does... you just hit the crypto jackpot 🎰💰
It also reflects:
• 👀 Extreme confidence in BTC
• 📉 Readiness for freak price action
• 🛒 Smart planning for tail-risk events
Moral of the story: *Always be ready. Even if it's 0.02 BTC ready.* 😂🧠
#bitcoin #AdamBack
🧠 Why? Not because he expects it, but *just in case* the unthinkable happens — like a flash crash, massive glitch, or black swan event 💥🐦
This is called a *"lotto limit order"* — you don’t expect it to hit, but if it does... you just hit the crypto jackpot 🎰💰
It also reflects:
• 👀 Extreme confidence in BTC
• 📉 Readiness for freak price action
• 🛒 Smart planning for tail-risk events
Moral of the story: *Always be ready. Even if it's 0.02 BTC ready.* 😂🧠
#bitcoin #AdamBack
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H100 Group, a Swedish digital healthcare solutions company (#Sweden ), has just raised $2.2 million led by Adam Back, CEO of Blockstream and creator of Hashcash, to acquire more Bitcoin (May 27, 2025). As the first publicly traded company in Sweden to adopt a Bitcoin reserve strategy, H100 is opening up attractive investment opportunities.
Pioneering progress
H100 purchased 4.39 BTC ($475,000) on May 22, 2025, and plans to use $2.2 million to acquire an additional 20.18 $BTC , bringing the total to 24.57 BTC. The funding round included $1.4 million from #AdamBack and $800,000 from funds such as Morten Klein, utilizing a 0% interest convertible loan maturing in 2028. Shares of #H100 rose 37% after the announcement, reaching 1.29 SEK (Bloomberg). CEO Sander Andersen emphasized that Bitcoin aligns with the company's value of "personal sovereignty," serving customers seeking proactive healthcare solutions.
Attractive investment opportunity
H100 is one of 112 publicly traded companies globally holding Bitcoin, but only 10 companies in Europe (BitcoinTreasuries.NET). This strategy, backed by Adam Back – a figure cited in the Bitcoin whitepaper, reinforces confidence in BTC's long-term potential. Investors can trade Bitcoin on Binance, combining stablecoins (USDT, USDC) to mitigate risk. With 1.2 million crypto users in Sweden (Statista, 2025), H100 can inspire other businesses.
Risk warning
Investing in Bitcoin carries risks due to price volatility and regulatory challenges. The information in this article is for reference only; please conduct thorough research (DYOR) before making a decision.
Pioneering progress
H100 purchased 4.39 BTC ($475,000) on May 22, 2025, and plans to use $2.2 million to acquire an additional 20.18 $BTC , bringing the total to 24.57 BTC. The funding round included $1.4 million from #AdamBack and $800,000 from funds such as Morten Klein, utilizing a 0% interest convertible loan maturing in 2028. Shares of #H100 rose 37% after the announcement, reaching 1.29 SEK (Bloomberg). CEO Sander Andersen emphasized that Bitcoin aligns with the company's value of "personal sovereignty," serving customers seeking proactive healthcare solutions.
Attractive investment opportunity
H100 is one of 112 publicly traded companies globally holding Bitcoin, but only 10 companies in Europe (BitcoinTreasuries.NET). This strategy, backed by Adam Back – a figure cited in the Bitcoin whitepaper, reinforces confidence in BTC's long-term potential. Investors can trade Bitcoin on Binance, combining stablecoins (USDT, USDC) to mitigate risk. With 1.2 million crypto users in Sweden (Statista, 2025), H100 can inspire other businesses.
Risk warning
Investing in Bitcoin carries risks due to price volatility and regulatory challenges. The information in this article is for reference only; please conduct thorough research (DYOR) before making a decision.
🚨 HISTORY MADE! That First Email from Satoshi Nakamoto 17 Years Ago Today! 🤯
Exactly 17 years ago today, a crucial chapter in blockchain history was written. 🔥 Bitcoin's pseudonymous creator, Satoshi Nakamoto, sent an email to the famous cryptographer Adam Back, where he presented the initial ideas of Bitcoin. 🚀
This email was not just a conversation; it was the first expression of a revolutionary idea. 📈 It shows that Bitcoin was not created overnight but had a solid foundation of deep research and science behind it.
What do you think? If Satoshi's identity had been revealed, would Bitcoin's importance have diminished? 👇
#Bitcoin #SatoshiNakamoto #AdamBack #CryptoHistory #Blockchain
Exactly 17 years ago today, a crucial chapter in blockchain history was written. 🔥 Bitcoin's pseudonymous creator, Satoshi Nakamoto, sent an email to the famous cryptographer Adam Back, where he presented the initial ideas of Bitcoin. 🚀
This email was not just a conversation; it was the first expression of a revolutionary idea. 📈 It shows that Bitcoin was not created overnight but had a solid foundation of deep research and science behind it.
What do you think? If Satoshi's identity had been revealed, would Bitcoin's importance have diminished? 👇
#Bitcoin #SatoshiNakamoto #AdamBack #CryptoHistory #Blockchain
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😱ADA currency under pressure… Will we see a collapse or a rebound of greed? 💰🤔
🔎 On the ADA/USDT chart it clearly shows:
💧The price at $0.836 below all moving averages (EMA7-25-99) = strong selling pressure.
💧RSI indicator ≈ 20 → Oversold condition may hint at a rebound, but the trend is still down.
⚡️Resistance levels: 0.87–0.92 then 1.02.
⚡️Support levels: 0.75 then 0.684 (key for the next trend).
⚔️ Scenarios:
1. Short-term rebound towards 0.90–0.95 🎯 (high risk).
2. Continued decline towards 0.75 then 0.684 🚨.
3. A true upward signal only upon a strong close above 0.92–0.95 ✅.
📌 My opinion as an analyst: neutrality or selling on the rebound is currently the safest option… buying now is purely adventurous unless with a very small size and strict stop loss.
👉 In your opinion, will greed push ADA to rebound… or will fear continue the decline? 👇
#ADA #ADABullish #ADA/BNB #AdamBack #FamilyOfficeCrypto $ADA
🔎 On the ADA/USDT chart it clearly shows:
💧The price at $0.836 below all moving averages (EMA7-25-99) = strong selling pressure.
💧RSI indicator ≈ 20 → Oversold condition may hint at a rebound, but the trend is still down.
⚡️Resistance levels: 0.87–0.92 then 1.02.
⚡️Support levels: 0.75 then 0.684 (key for the next trend).
⚔️ Scenarios:
1. Short-term rebound towards 0.90–0.95 🎯 (high risk).
2. Continued decline towards 0.75 then 0.684 🚨.
3. A true upward signal only upon a strong close above 0.92–0.95 ✅.
📌 My opinion as an analyst: neutrality or selling on the rebound is currently the safest option… buying now is purely adventurous unless with a very small size and strict stop loss.
👉 In your opinion, will greed push ADA to rebound… or will fear continue the decline? 👇
#ADA #ADABullish #ADA/BNB #AdamBack #FamilyOfficeCrypto $ADA
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🔥🔥🔥NEW: Michael Saylor's strategy outperformed Nvidia, Tesla, Google, Apple, and Microsoft due to #Bitcoin 🚀
✅LATEST NEWS: THE LEGEND OF THE CYPHERPUNK, ADAM BACK, SAYS THAT INSTITUTIONAL #BITCOIN PURCHASES WILL SOON CAUSE A "SUPPLY RECKONING"
#MichaelSaylor #MicroStrategy #BTC #AdamBack #Market_Update $BTC
✅LATEST NEWS: THE LEGEND OF THE CYPHERPUNK, ADAM BACK, SAYS THAT INSTITUTIONAL #BITCOIN PURCHASES WILL SOON CAUSE A "SUPPLY RECKONING"
#MichaelSaylor #MicroStrategy #BTC #AdamBack #Market_Update $BTC
Based on the data you provided, here’s a quick technical summary of $ADA /USDT:
Price:
Current Price: $0.7145
Change: -1.31% (24h)
24h Trading Range:
High: $0.7250
Low: $0.6845
Volume (24h):
$ADA : 138.17M
USDT: 97.08M
Technical Indicators:
SAR (Stop and Reverse): 0.6913 (bullish, as current price > SAR)
RSI (6): 65.17 (neutral to slightly bullish; no overbought signals yet)
Recent Performance:
Today: +2.25%
7 Days: +15.46%
30 Days: +6.86%
90 Days: -23.33%
180 Days: +100.73%
1 Year: +51.53%
$ADA
General Outlook:
The price is approaching short-term resistance near $0.725–0.73. With RSI at 65 and price above SAR, momentum is still slightly bullish, but nearing overbought territory. If it breaks above $0.73 convincingly, the next resistance could be around $0.75. If it fails, support is likely near $0.69–$0.684.
#ADA #ADABullish #ADA! #ADA/BNB #AdamBack
Price:
Current Price: $0.7145
Change: -1.31% (24h)
24h Trading Range:
High: $0.7250
Low: $0.6845
Volume (24h):
$ADA : 138.17M
USDT: 97.08M
Technical Indicators:
SAR (Stop and Reverse): 0.6913 (bullish, as current price > SAR)
RSI (6): 65.17 (neutral to slightly bullish; no overbought signals yet)
Recent Performance:
Today: +2.25%
7 Days: +15.46%
30 Days: +6.86%
90 Days: -23.33%
180 Days: +100.73%
1 Year: +51.53%
$ADA
General Outlook:
The price is approaching short-term resistance near $0.725–0.73. With RSI at 65 and price above SAR, momentum is still slightly bullish, but nearing overbought territory. If it breaks above $0.73 convincingly, the next resistance could be around $0.75. If it fails, support is likely near $0.69–$0.684.
#ADA #ADABullish #ADA! #ADA/BNB #AdamBack
#ADA 🔥 Cardano (ADA) Bulls Aim for $1.35 Recovery Amidst Market Crosscurrents🎁
Despite recent market volatility, some analysts are making a bullish case for Cardano (ADA), with price targets suggesting a potential recovery towards **$1.35**. This optimistic outlook is based on Cardano retesting a key support level and positive signals in its funding rate and bullish bets.#ADABullish
However, this bullish sentiment is contrasted by other analyses indicating potential downward pressure. The formation of a "death cross" on ADA's chart raises concerns about a possible decline towards the **$0.50** mark if crucial support around $0.70 is breached.#AdamBack
Adding another layer to the narrative, recent data highlights significant accumulation of ADA by large investors, or "whales." Over $200 million worth of ADA was moved in a single day from whale wallets, signaling strong confidence among these major holders in Cardano's future prospects. This accumulation trend often precedes bullish cycles.#ADAAnalysis
In ecosystem news, Cardano continues to see development and adoption. Notably, Filecoin has announced partnerships with both Solana and Cardano for blockchain integrations, potentially expanding the utility and interoperability of the Cardano network.#ADA/BNB
Overall, the current outlook for Cardano is a mix of potential bullish recovery based on technical retests and whale accumulation, alongside warnings of further downside risk indicated by other technical patterns. The market awaits further price action to confirm the dominant trend.$ADA
Despite recent market volatility, some analysts are making a bullish case for Cardano (ADA), with price targets suggesting a potential recovery towards **$1.35**. This optimistic outlook is based on Cardano retesting a key support level and positive signals in its funding rate and bullish bets.#ADABullish
However, this bullish sentiment is contrasted by other analyses indicating potential downward pressure. The formation of a "death cross" on ADA's chart raises concerns about a possible decline towards the **$0.50** mark if crucial support around $0.70 is breached.#AdamBack
Adding another layer to the narrative, recent data highlights significant accumulation of ADA by large investors, or "whales." Over $200 million worth of ADA was moved in a single day from whale wallets, signaling strong confidence among these major holders in Cardano's future prospects. This accumulation trend often precedes bullish cycles.#ADAAnalysis
In ecosystem news, Cardano continues to see development and adoption. Notably, Filecoin has announced partnerships with both Solana and Cardano for blockchain integrations, potentially expanding the utility and interoperability of the Cardano network.#ADA/BNB
Overall, the current outlook for Cardano is a mix of potential bullish recovery based on technical retests and whale accumulation, alongside warnings of further downside risk indicated by other technical patterns. The market awaits further price action to confirm the dominant trend.$ADA
Adam Back Blames Ethereum’s EVM as the Main Cause of Bybit’s $1.4 Billion Hack
Blockstream CEO claims Ethereum Virtual Machine’s complexity enabled hackers to drain funds
Prominent crypto figure Adam Back, known as a cypherpunk and CEO of Blockstream, took to X to share his thoughts on the recent Bybit hack, where the exchange lost $1.4 billion in ETH.
Back pointed to Ethereum Virtual Machine (EVM) as the key factor that allowed hackers to successfully exploit the system and drain Bybit’s funds.
❌ Back Criticizes EVM Complexity as Ethereum’s Weakness
According to Adam Back, the primary issue lies in the complexity of Ethereum transactions, making the network vulnerable to attacks.
📌 How did hackers exploit this weakness?
🔹 EVM is overly complex, making it difficult for hardware wallets to interpret transactions.
🔹 Blind signing of Ethereum transactions introduces security risks.
🔹 Bybit attempted to transfer $100 million in ETH from its cold wallet to a hot wallet, but hackers manipulated the process, ultimately draining $1.4 billion in total.
Back described EVM as fragile, unsecure, and overly complicated, claiming that these weaknesses increase the risk of exploits.
🔍 How Did the Bybit Hack Happen?
Bybit suffered one of the largest crypto exploits in history.
🔸 The hack was likely carried out by North Korea’s Lazarus Group, a state-backed hacking organization.
🔸 Hackers exploited vulnerabilities in Ethereum smart contracts while Bybit was transferring funds internally.
🔸 Bybit claims that the liquidity gap in ETH has now been fully closed.
🤔 Could Ethereum Perform a Rollback? A Throwback to the DAO Hack in 2016
After the attack, several Bitcoin maximalists, including Samson Mow (CEO of JAN3), sarcastically asked Vitalik Buterin if Ethereum would roll back the blockchain to recover the lost funds.
This references the infamous 2016 DAO hack, where after a $60 million ETH exploit, the Ethereum community decided to hard fork, leading to the creation of Ethereum Classic (ETC).
🚨 However, Ethereum has no plans for a rollback this time – the Ethereum team stated that the hacker’s transactions were as valid as any other transaction on the network.
📢 What’s Next? Is Bitcoin’s Dominance Rising?
Back emphasized that Bitcoin is growing in dominance, while Ethereum faces criticism over its EVM security flaws.
⚠️ Could this hack be a wake-up call for the development of safer blockchain technologies?
⚠️ Will Bitcoin and simpler blockchain structures become the future?
#BybitHack , #CryptoNewss , #AdamBack , #CryptoSecurity , #blockchain
Stay one step ahead – follow our profile and stay informed about everything important in the world of cryptocurrencies!
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“
Prominent crypto figure Adam Back, known as a cypherpunk and CEO of Blockstream, took to X to share his thoughts on the recent Bybit hack, where the exchange lost $1.4 billion in ETH.
Back pointed to Ethereum Virtual Machine (EVM) as the key factor that allowed hackers to successfully exploit the system and drain Bybit’s funds.
❌ Back Criticizes EVM Complexity as Ethereum’s Weakness
According to Adam Back, the primary issue lies in the complexity of Ethereum transactions, making the network vulnerable to attacks.
📌 How did hackers exploit this weakness?
🔹 EVM is overly complex, making it difficult for hardware wallets to interpret transactions.
🔹 Blind signing of Ethereum transactions introduces security risks.
🔹 Bybit attempted to transfer $100 million in ETH from its cold wallet to a hot wallet, but hackers manipulated the process, ultimately draining $1.4 billion in total.
Back described EVM as fragile, unsecure, and overly complicated, claiming that these weaknesses increase the risk of exploits.
🔍 How Did the Bybit Hack Happen?
Bybit suffered one of the largest crypto exploits in history.
🔸 The hack was likely carried out by North Korea’s Lazarus Group, a state-backed hacking organization.
🔸 Hackers exploited vulnerabilities in Ethereum smart contracts while Bybit was transferring funds internally.
🔸 Bybit claims that the liquidity gap in ETH has now been fully closed.
🤔 Could Ethereum Perform a Rollback? A Throwback to the DAO Hack in 2016
After the attack, several Bitcoin maximalists, including Samson Mow (CEO of JAN3), sarcastically asked Vitalik Buterin if Ethereum would roll back the blockchain to recover the lost funds.
This references the infamous 2016 DAO hack, where after a $60 million ETH exploit, the Ethereum community decided to hard fork, leading to the creation of Ethereum Classic (ETC).
🚨 However, Ethereum has no plans for a rollback this time – the Ethereum team stated that the hacker’s transactions were as valid as any other transaction on the network.
📢 What’s Next? Is Bitcoin’s Dominance Rising?
Back emphasized that Bitcoin is growing in dominance, while Ethereum faces criticism over its EVM security flaws.
⚠️ Could this hack be a wake-up call for the development of safer blockchain technologies?
⚠️ Will Bitcoin and simpler blockchain structures become the future?
#BybitHack , #CryptoNewss , #AdamBack , #CryptoSecurity , #blockchain
Stay one step ahead – follow our profile and stay informed about everything important in the world of cryptocurrencies!
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“
Here’s a quick summary of the $ADA /USDT data you provided:
Current Price
$0.6793 (down 0.56%)
24h Trading Data
High: $0.6892
Low: $0.6550
Volume ($ADA ): 88.24M
Volume (USDT): 59.38M
Technical Indicators
SAR (0.02, 0.2): 0.6574 (bullish signal if price stays above SAR)
RSI (6): 71.59 → Overbought zone (may suggest a possible pullback)
Support Levels (inferred): 0.6608, 0.6505, 0.6402
Resistance Levels (inferred): 0.6892, 0.6916
Performance: $ADA
7 Days: -0.21%
30 Days: +17.97%
90 Days: -3.73%
180 Days: +51.97%
1 Year: +51.12%
Market Sentiment
Currently strong short-term momentum (based on RSI), but near resistance and overbought levels, so a correction could be due.
#ADA #ADABullish #ARB #AdsPower #AdamBack
Current Price
$0.6793 (down 0.56%)
24h Trading Data
High: $0.6892
Low: $0.6550
Volume ($ADA ): 88.24M
Volume (USDT): 59.38M
Technical Indicators
SAR (0.02, 0.2): 0.6574 (bullish signal if price stays above SAR)
RSI (6): 71.59 → Overbought zone (may suggest a possible pullback)
Support Levels (inferred): 0.6608, 0.6505, 0.6402
Resistance Levels (inferred): 0.6892, 0.6916
Performance: $ADA
7 Days: -0.21%
30 Days: +17.97%
90 Days: -3.73%
180 Days: +51.97%
1 Year: +51.12%
Market Sentiment
Currently strong short-term momentum (based on RSI), but near resistance and overbought levels, so a correction could be due.
#ADA #ADABullish #ARB #AdsPower #AdamBack
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Adam Back called Bitcoin undervalued and predicted growth to $1 million
Adam Back, CEO of Blockstream and one of the pioneers of Bitcoin, stated on May 15, 2025, that Bitcoin remains an undervalued asset with the potential to grow to $1 million per coin in the next decade. At the time of the statement, the price $BTC
fluctuates around $95,000, showing steady growth after the 2024 halving. Back stressed that the limited supply of Bitcoin (21 million coins) and increasing demand from institutional investors, particularly through ETFs, create ideal conditions for exponential growth.
fluctuates around $95,000, showing steady growth after the 2024 halving. Back stressed that the limited supply of Bitcoin (21 million coins) and increasing demand from institutional investors, particularly through ETFs, create ideal conditions for exponential growth.
Adam Back Joins Fight for the Soul of Bitcoin Over 'JPEG Spam' 📰🔥;
Adam Back, CEO of Blockstream and one of Bitcoin’s earliest pioneers, has stepped into the ongoing debate surrounding Ordinals and image inscriptions on the Bitcoin blockchain. Back warns that “JPEG spam” could compromise Bitcoin’s core vision as sound money while providing miners with only marginal financial benefits.
🔹 The Core Debate
Ordinals allow users to inscribe images, texts, and NFTs directly onto Bitcoin’s blockchain, increasing transaction sizes and congestion. While supporters argue it boosts network activity and miners’ fees, critics like Adam Back believe it distracts Bitcoin from its primary purpose:
> “Bitcoin should remain a monetary network, not a storage layer for random images.”
🔹 Back’s Key Concerns
📌 Network Congestion – Image inscriptions clog block space, raising fees for everyday BTC transactions.
📌 Minimal Miner Profits – The revenue generated from Ordinals is insignificant compared to the potential long-term harm.
📌 Bitcoin’s Identity Crisis – Back insists Bitcoin must focus on scalability, efficiency, and its monetary role, not compete with NFT blockchains.
🔹 What It Means for Bitcoin
This debate highlights a growing philosophical divide within the Bitcoin community:
⚡ Pro-Ordinals Camp: Supports innovation, NFT integration, and increased miner fees.
🛡️ Purist Camp (Back’s Side): Seeks to preserve Bitcoin’s store-of-value and peer-to-peer cash narrative.
With Blockstream’s CEO now actively voicing concerns, this could influence Bitcoin Core developers and future upgrades aimed at protecting Bitcoin’s monetary integrity.
🔹 Final Thoughts
As Bitcoin adoption grows, the community faces a defining moment: Should Bitcoin embrace NFTs and inscriptions for broader use cases, or preserve its original purpose as a decentralized money network?
$BTC
#Bitcoin #AdamBack #Ordinals #CryptoNews #BTC #Blockchain #NFTs #BinanceSquare #CryptoCommunity
Adam Back, CEO of Blockstream and one of Bitcoin’s earliest pioneers, has stepped into the ongoing debate surrounding Ordinals and image inscriptions on the Bitcoin blockchain. Back warns that “JPEG spam” could compromise Bitcoin’s core vision as sound money while providing miners with only marginal financial benefits.
🔹 The Core Debate
Ordinals allow users to inscribe images, texts, and NFTs directly onto Bitcoin’s blockchain, increasing transaction sizes and congestion. While supporters argue it boosts network activity and miners’ fees, critics like Adam Back believe it distracts Bitcoin from its primary purpose:
> “Bitcoin should remain a monetary network, not a storage layer for random images.”
🔹 Back’s Key Concerns
📌 Network Congestion – Image inscriptions clog block space, raising fees for everyday BTC transactions.
📌 Minimal Miner Profits – The revenue generated from Ordinals is insignificant compared to the potential long-term harm.
📌 Bitcoin’s Identity Crisis – Back insists Bitcoin must focus on scalability, efficiency, and its monetary role, not compete with NFT blockchains.
🔹 What It Means for Bitcoin
This debate highlights a growing philosophical divide within the Bitcoin community:
⚡ Pro-Ordinals Camp: Supports innovation, NFT integration, and increased miner fees.
🛡️ Purist Camp (Back’s Side): Seeks to preserve Bitcoin’s store-of-value and peer-to-peer cash narrative.
With Blockstream’s CEO now actively voicing concerns, this could influence Bitcoin Core developers and future upgrades aimed at protecting Bitcoin’s monetary integrity.
🔹 Final Thoughts
As Bitcoin adoption grows, the community faces a defining moment: Should Bitcoin embrace NFTs and inscriptions for broader use cases, or preserve its original purpose as a decentralized money network?
$BTC
#Bitcoin #AdamBack #Ordinals #CryptoNews #BTC #Blockchain #NFTs #BinanceSquare #CryptoCommunity
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