Cardano's summit cancellation highlights the challenges and potential pitfalls of decentralized governance in managing community funds. Cardano Foundation cancels 2026 summit after funding vote fails to pass.
Cathie Wood of Ark Invest has updated her Bitcoin price target from $1 million to $1.25 million. The key catalyst for Bitcoin will be the growing pace of institutional adoption.
Spot Bitcoin ETFs have now logged 10 straight days of outflows, with total net redemptions nearing $3 billion since May 15. That is the backdrop against which social media sentiment around Bitcoin has climbed to its most bullish point all year.