NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Bitcoin Price Tumbles Toward $98,000: What’s Driving The Drop And What Lies Ahead
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Bitcoin Price Tumbles Toward $98,000: What’s Driving The Drop And What Lies Ahead

Why Cardano Has Seen a Surge in Investment Inflows Over Last Week

Reynaldo Marquez
Reynaldo Marquez
Last Updated: May 25, 2021 4:40 pm
2 mins read
Cardano ADA ADAUSDT

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Cardano has fallen with the rest of the market but seems more resilient than other assets in the crypto top 10 by market cap. At the time of writing, ADA trades at $1.52 with a 2.8% profit in the daily chart and a 3.9% profit in the 1-hour chart. Over the past month, ADA also records an impressive 36.8% rally.

Cardano ADA ADASUDT
ADA with small gains in the daily chart. Source: ADAUSDT Tradingview

Bitcoin’s crash was triggered partially by environmental concerns. Expressed by Tesla’s CEO, Elon Musk, it appears to have influenced some investors. According to a report by CoinShares, Cardano-based investment products benefited from this narrative.

Last week, Cardano experienced its largest investment inflows with $10 million in response to “investors actively choosing proof of stake coins based on environmental considerations”, the report claims.

Other than BTC, altcoins saw positive inflows in the same period but generally, Asset Flows have been trending negative for the past two weeks, as shown in the chart below.

Cardano ADA ADAUSDT
Source: CoinShares

Ethereum saw outflows estimated at $12.6 million after a long period with record-high inflows. In 2021, Ethereum based investment products have seen a total of $924 million inflows, according to CoinShares.

Cardano Outperforms Bitcoin Weekly Investment Inflows

Bitcoin was the most impacted by negative asset outflows with 110.9 million. However, the first cryptocurrency by market cap still records $4,130 million in Year-to-Date (YTD) positive flows with 31,597 in assets under management (AUM).

Cardano ADA ADAUSDT
Source: CoinShares

Ripple, Polkadot, Litecoin, and Stellar also saw positive inflows, but only DOT comes close to ADA with $5.5 million. Cardano has the fifth position in YTD positive inflows with $24 million behind Bitcoin, Ethereum, Polkadot ($55 million), and Ripple ($31 million). The report claims the following:

Digital asset investment product saw net outflows for the second consecutive week totalling US$97m, another new record for outflows. (…) it represents a net change in sentiment following increasing regulatory scrutiny and concerns over Bitcoin’s environmental credentials.

This suggests a rise in the persistent bearish sentiment over the crypto market’s performance. Still, CoinShares’ outflow represents only 0.2% of their AUM. This sum is small when compared with the $5.5 billion received YTD.

As reported by newsBTC, Cardano was amongst the most resilient assets during last week’s correction. The debate over Bitcoin’s environmental footprint has extended to the advantages of Proof-of-Work versus Proof-of-Stake consensus algorithm.

Cardano’s inventor, Charles Hoskinson, weighted in and highlighted the benefits of PoS. Hoskinson said that this type of consensus is more energy-efficient and fits the environmental requirements expressed by Musk and others.

In a separate statement, Hoskinson informed the community of IOG’s busy schedule for the next 3 months. The company is preparing to implement Plutus, Cardano’s smart contract platform. Hoskinson said:

We are all gonna work together to get this done, and I hate delays. I hate setbacks, and we’ve done everything in our power to try to de-risk things…All that said, stuff could come up, and it’s important to manage expectations.

Tweet123Share196ShareSend
Reynaldo Marquez
Reynaldo Marquez

Reynaldo Marquez

A literature major, Reynaldo Márquez has been deeply immersed in the crypto industry since 2017. His journey began with translating articles for various crypto news outlets, a role he took on with zeal. In 2018, amidst a challenging market, he embraced his first writing assignment, demonstrating his unwavering commitment to the nascent industry and the promise of change it bears for many people worldwide.
In March 2021, he joined the prestigious crypto news outlet NewsBTC and Bitcoinist, where he not only reported on the latest crypto news but also had the privilege of interviewing some of the industry's most influential figures. A year later, his dedication and hard work were recognized, and he was promoted to Managing Editor, a position he currently holds with pride.
He believes in honesty, good communication, hard work, and the power of cryptocurrency and its potential to transform people's lives, especially those alienated by the legacy financial system. Born in 1992 in Venezuela, Reynaldo is familiar with how governments and central banks can negatively affect people, their everyday lives, and their futures by creating inflation and erasing their hopes for a better future. Thus, like many Venezuelans, he embraced this new technology to help him and his family navigate difficult times.
In another life, Reynaldo would have pursued a career as an investigator, most likely tracking down the origins of the Cyberpunk movement with the publication of William Gibson’s ‘Neuromancer.’ The intersection between fiction and reality, with the materialization of Bitcoin in 2009, would have allowed him to dive deep into the crypto sphere as something more than a financial phenomenon but also a cultural shift in society that was brewing since the XX century, and maybe even sooner, in the XIX century with the publication of Henry David Thoreau’s ‘Civil Disobedience.’
But that’s for another life. In this one, Reynaldo has been trading to improve his trading skills. Since 2023, he has been trying to learn Python to create successful strategies and find ways to execute them. It is a difficult task, which continues to keep him busy today and will most likely continue to keep him busy in the near and long term.
In his free time, he enjoys lifting heavy objects, reading, watching movies, and listening to his favorite music. Some of his favorite authors are Walt Whitman, William Faulkner, Allen Ginsberg, James Baldwin, Raymond Carver, Ray Bradbury, George Orwell, Mario Vargas Llosa, Reinaldo Arenas, Rafael Cadenas, and many others. Lately, he has been primarily interested in reading about dystopic societies, a topic that deeply resonates with the crypto industry.
Since 2023, he has lived in Spain with his wife. He loves the weather, the food, and the people and their culture. They both expect to travel much more within the country they now call home and beyond its border. He hopes to retire with his wife, maybe in a quiet place near a beach, but most likely in a city close to a library and a university with his kids and, hopefully, grandkids.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Cardano summit Singapore

Cardano Summit Singapore officieel – ChatGPT voorspelt enorme ADA koers stijging

De Cardano Foundation kondigt vandaag officieel het Cardano Summit aan in Singapore. Daarnaast richt CEO Charles Hoskinson zich in 2026...

robertbemelmans 6 days ago
cardano ada adausd

Cardano (ADA) DeFi TVL Hits 3-Year High as Whales Accumulate 348M Tokens

Cardano (ADA) has reclaimed major ground in the decentralized finance (DeFi) sector, with total value locked (TVL) soaring by 28.7%...

James Halver 1 week ago
Cardano Whales Trim Positions – 4M ADA Sold in 7 Days

Cardano Whales Trim Positions – 4M ADA Sold in 7 Days

Cardano has entered a difficult phase as selling pressure intensifies across the crypto market. The price of ADA has fallen...

Sebastian Villafuerte 1 week ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

cardano ada adausd (2)

Cardano on the Edge: Whale Loss Sparks Sell-Off as ADA Risks Drop to $0.43–$0.30 Range

James Halver 1 day ago
Założyciel Cardano

Założyciel Cardano tonuje panikę po załamaniu rynku

Rafał Wierzbicki 3 days ago
Cardano

Forget The Obituaries—Cardano Is Alive, Says Bitcoin Analyst

Christian Encila 6 days ago

Premium Sponsors

Press Releases

  • ドージコイン 今後:ETFが7日後に開始予定、0.20ドル未満で買える最後の機会となるのか

    ドージコイン...

    8 hours ago
  • リップル 今後:保有者の42%が含み損に直面、XRPはどこまで下落するのか

    リップル...

    8 hours ago
  • 仮想通貨プレセール:11月に注目すべき将来性の高い5つのコイン

    ...

    8 hours ago
  • 仮想通貨おすすめ:ホエール買いが拡大する中、専門家は下落局面の終了と価格回復を指摘

    ...

    9 hours ago
  • 新しい仮想通貨が2800万ドル超を調達──クジラ資金流入でビットコイン反発の兆しはあるのか?

    ...

    9 hours ago

Newsletter

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.