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Cryptocurrency News Articles
Cardano (ADA) Co-Founder Charles Hoskinson Announces Bitcoin (BTC) Support Has Been Added to the Lace Wallet
Apr 29, 2025 at 11:08 pm
On Monday, Charles Hoskinson, the co-founder of Cardano, shared in a tweet that Bitcoin is now added to the Lace Wallet.
Charles Hoskinson, co-founder of Cardano, announced on Monday that Bitcoin has been integrated into the Lace Wallet.
“Good news!
This week, we're releasing a new version of the Lace wallet with Firefox support, the beta rollout of Bitcoin on Lace, and several performance improvements,” Lace announced in a blog post.
Moreover, the lightweight wallet platform, developed by Input Output Global (IOG) for managing ADA and other digital assets, has also added support for the Firefox browser, along with performance upgrades.
“With this release, Lace becomes even more accessible and versatile, introducing Firefox support, the beta rollout of Bitcoin, and several performance improvements under the hood.”
The post further adds that the team has been working diligently to ensure a smooth and efficient experience for users on both Windows, Mac, and Linux.
“We're excited to be making great progress on the cross-chain plans for Lace, and we'll be sharing more updates soon.”
The news did not lead to a significant price change for ADA.
ADA Remains Stable
The price of ADA showed little movement following the announcement of Bitcoin integration into the Lace Wallet. Despite a slight dip yesterday, ADA recovered quickly, trading at $0.70 at the time of writing.
The price is currently moving in a tight range, bouncing between $0.7105 and 0.7090. As the chart shows, the price is hovering close to the 200-day Exponential Moving Average (EMA) at $0.71.
Yesterday, the price dipped to $0.66 but has since recovered. If ADA manages to break through the resistance at $0.74 and close above it, the next logical price target is $0.80.
As for the Relative Strength Index (RSI), it is currently at 53, which is above the neutral level of 50. This indicates that the momentum is slightly skewed towards buyers.
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- World Liberty Financial's (WLFI) USD1 Stablecoin Surpasses $1 Billion in Market Cap on BNB Chain
- Apr 30, 2025 at 05:55 am
- The surge solidifies USD1's standing as one of the fastest-growing decentralized stablecoins in the crypto ecosystem and marks a major milestone for the Trump family-backed protocol.
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- Arizona Lawmakers Pass Bills to Create Bitcoin Reserve, Setting the Stage for Nationwide Adoption
- Apr 30, 2025 at 05:45 am
- Arizona state legislators passed two bills in one day that could make the state the first in the nation to create a Bitcoin reserve, taking a giant leap toward crypto integration into public finance.
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- Litecoin (LTC), VeChain (VET), and XRP Are Making Headlines as Shifting Market Trends Reshape Crypto's Next Big Plays
- Apr 30, 2025 at 05:40 am
- Litecoin (LTC) is showing signs of a steady rebound, VeChain (VET) is gaining fresh momentum after a key breakout, and speculation around XRP's future is growing louder.
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