Cardano (ADA) Price Prediction

The Cardano (ADA) rate remains unchanged since yesterday, with a price change of -9.22% over the past week. Image: TradingView On the hourly chart, the ADA price looks bearish. If the local support breaks, the decline will probably continue to the $0.72 area by tomorrow. Image: TradingView The picture is less clear on larger timeframes. 

In this case, you should focus on the closing of the candle relative to the minimum of yesterday's bar. Related SHIB price forecast for Saturday, 15.03.2025 - 15:40 15 March Denis Sergiychuk If it breaks below $0.73, there is a chance to see a test of the $0.70-$0.71 range in the coming days. From a medium-term perspective, neither side has taken the initiative yet. If the situation does not change, most likely the sideways trading will continue around current prices. At the time of publication, ADA shares are trading at $0.7364.

San Francisco-based enterprise blockchain company Ripple has filed a trademark application for “Ripple Custody”

Based on the information provided in the application, Ripple is currently working on downloadable and cloud-based software that allows the security of cryptocurrencies and fiat currencies.

The application has already been received and filed, but the United States Patent and Trademark Office (USPTO) has not yet appointed an examiner to review it, which means that the trademark has not yet been reviewed and approved. Review and approval of a trademark application can take several months. The USPTO may reject the application if a dispute arises.

Last year, the company also applied for several new trademarks in the US (Ripple Payments, “RLUSD” and “Ripple USD”).

The latest trademark filing shows that Ripple is increasingly focusing on its custody business.

The company spent $250 million to acquire Swiss custody firm Metaco in 2023. Since then, it has significantly expanded its presence in the region, and launched a “bank-grade” service in October 2024.

As reported by U.Today, Ripple’s Cassie Craddock noted that custodial storage would become one of the most promising areas for cryptocurrencies.

The global cryptocurrency custody market is expected to grow to $100 billion in less than a decade.

In late February, the company teamed up with South Korean custodian BDACS to offer custodial storage for XRP and Ripple’s USD (RLUSD) stablecoin.