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Quick Take Summary is AI generated, newsroom reviewed. Cardano ($ADA) surged by 141% over the last year, surpassing Bitcoin’s (90%) and Ethereum’s (72%) growth. Cardano ($ADA) surged by 141% over the last year, surpassing Bitcoin’s (90%) and Ethereum’s (72%) growth. Despite strong percentage gains, ADA’s absolute price remains much lower than BTC and ETH. The data reflects performance from September 2, 2024, to September 2, 2025.References Cardano Feed Post
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Besant's opinion piece appears to indicate that the Trump administration's criticism of the Federal Reserve is escalating—not only demanding interest rate cuts, but also beginning to question the Fed's overall operational model and its foundation as an independent institution.
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- 07:46Data: Demand for Bitcoin accumulation addresses hits all-time high, with accumulated amount exceeding 266,000 BTCJinse Finance reported that, according to on-chain analytics platform CryptoQuant, demand for Bitcoin accumulation addresses has reached a historic high, with accumulated holdings exceeding 266,000 BTC. This indicates that, against the backdrop of enterprises adopting Bitcoin as a reserve asset, long-term holders are exhibiting a strong trend in their behavior.
- 07:46Last month alone, private enterprises and publicly listed companies purchased over 47,000 bitcoins.Jinse Finance reported, citing market news from The Bitcoin Historian, that private enterprises and publicly listed companies purchased more than 47,000 bitcoins just last month.
- 07:19Bloomberg ETF Analyst: Maintains that Dogecoin lacks the utility required for an ETFJinse Finance reported that despite opposition from the community, Bloomberg senior ETF analyst Eric Balchunas remains firm in his belief that Dogecoin lacks utility. On Wednesday, he reiterated this view on the X platform (formerly Twitter), questioning the actual use cases of Dogecoin. In response to the backlash over his previous comments that "Dogecoin has no utility," Balchunas challenged the dissatisfied Dogecoin (DOGE) community to explain what real-world application scenarios this "meme coin" actually has. For context, this Bloomberg ETF expert revealed on Tuesday that the first US ETF tracking Dogecoin (the largest meme coin by market capitalization) will be launched later this week. In addition, he stated in his announcement that this investment tool will become the first ETF to "intentionally hold an asset with no real utility."