0%
#Technical analysis#RSI#Altcoin+2 more tags

Cardano Founder Announces Bitcoin Integration into Lace Wallet

9 hours ago 2 min read
News Article Banner Image

On Monday, Charles Hoskinson, co-founder of Cardano, announced on X that Bitcoin has been integrated into the Lace Wallet. This update allows users to manage their Bitcoin alongside ADA and other Cardano-based tokens within the same platform.

Lace, developed by Input Output Global (IOG), is a lightweight wallet designed for seamless management of ADA and other digital assets. With the latest update, Lace now supports Firefox browsers, includes several performance upgrades, and adds beta support for Bitcoin.

“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 Lace team explained in a blog post.

Technical Analysis

While the announcement didn't lead to a major price reaction, it represents a key step forward for Cardano’s broader cross-chain vision.

ADA is currently trading near $0.70, moving between $0.7105 and $0.7090, and hovering around its 200-day Exponential Moving Average (EMA) at $0.71. After briefly dipping to $0.66 yesterday, ADA has recovered its ground. If ADA can break above $0.74 and close there, the next potential target is $0.80.

The Relative Strength Index (RSI) stands at 53, slightly above the neutral 50 line, indicating a balanced tug-of-war between buyers and sellers. While price momentum remains steady, the new functionality in Lace adds another building block in Cardano’s ongoing push for broader blockchain interoperability.

Bottom Line: Bitcoin integration into Lace strengthens Cardano’s cross-chain vision, boosting the wallet’s versatility and positioning Cardano for future growth, even as ADA’s price remains stable for now.

Popular news

How to Set Up and Use Trust Wallet for Binance Smart Chain
#Bitcoin#Bitcoins#Config+2 more tags

How to Set Up and Use Trust Wallet for Binance Smart Chain

Your Essential Guide To Binance Leveraged Tokens

Your Essential Guide To Binance Leveraged Tokens

How to Sell Your Bitcoin Into Cash on Binance (2021 Update)
#Subscriptions

How to Sell Your Bitcoin Into Cash on Binance (2021 Update)

What is Grid Trading? (A Crypto-Futures Guide)

What is Grid Trading? (A Crypto-Futures Guide)

Start trading with Cryptohopper for free!

Free to use - no credit card required

Let's get started
Cryptohopper appCryptohopper app

Disclaimer: Cryptohopper is not a regulated entity. Cryptocurrency bot trading involves substantial risks, and past performance is not indicative of future results. The profits shown in product screenshots are for illustrative purposes and may be exaggerated. Only engage in bot trading if you possess sufficient knowledge or seek guidance from a qualified financial advisor. Under no circumstances shall Cryptohopper accept any liability to any person or entity for (a) any loss or damage, in whole or in part, caused by, arising out of, or in connection with transactions involving our software or (b) any direct, indirect, special, consequential, or incidental damages. Please note that the content available on the Cryptohopper social trading platform is generated by members of the Cryptohopper community and does not constitute advice or recommendations from Cryptohopper or on its behalf. Profits shown on the Markteplace are not indicative of future results. By using Cryptohopper's services, you acknowledge and accept the inherent risks involved in cryptocurrency trading and agree to hold Cryptohopper harmless from any liabilities or losses incurred. It is essential to review and understand our Terms of Service and Risk Disclosure Policy before using our software or engaging in any trading activities. Please consult legal and financial professionals for personalized advice based on your specific circumstances.

©2017 - 2025 Copyright by Cryptohopper™ - All rights reserved.