The post Cardano (ADA) Price Prediction for December 11 appeared on BitcoinEthereumNews.com. Bulls have failed to keep growing, and most of the coins are again The post Cardano (ADA) Price Prediction for December 11 appeared on BitcoinEthereumNews.com. Bulls have failed to keep growing, and most of the coins are again

Cardano (ADA) Price Prediction for December 11

2025/12/12 07:01

Bulls have failed to keep growing, and most of the coins are again in the red area, according to CoinStats.

ADA chart by CoinStats

ADA/USD

The price of Cardano (ADA) has declined by more than 10% over the past day.

Image by TradingView

On the hourly chart, the rate of ADA is near the local support of $0.4117. As most of the daily ATR has passed, there are low chances of seeing sharp moves by tomorrow. 

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However, if the bounce back does not happen by the end of the day, traders can expect a further correction to the $0.40 zone.

Image by TradingView

On the longer time frame, one should pay attention to the nearest level of $0.4091. If it breaks out, the accumulated energy might be enough for an ongoing decline to the $0.37-$0.40 zone.

Image by TradingView

From the midterm point of view, the current wick is closing bearish; however, a few days are left until the end of the week. If buyers cannot seize the initiative, there is a high chance of seeing a level breakout, followed by a test of the $0.35 mark.

ADA is trading at $0.4161 at press time.

Source: https://u.today/cardano-ada-price-prediction-for-december-11

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UK FCA Plans to Waive Some Rules for Crypto Companies: FT

UK FCA Plans to Waive Some Rules for Crypto Companies: FT

The post UK FCA Plans to Waive Some Rules for Crypto Companies: FT appeared on BitcoinEthereumNews.com. The U.K.’s Financial Conduct Authority (FCA) has plans to waive some of its rules for cryptocurrency companies, according to a Financial Times (FT) report on Wednesday. However, in another areas the FCA intends to tighten the rules where they pertain to industry-specific risks, such as cyber attacks. The financial watchdog wishes to adapt its existing rules for financial service companies to the unique nature of cryptoassets, the FT reported, citing a consultation paper published Wednesday. “You have to recognize that some of these things are very different,” David Geale, the FCA’s executive director for payments and digital finance, said in an interview, according to the report, adding that a “lift and drop” of existing traditional finance rules would not be effective with crypto. One such area that may be handled differently is the stipulation that a firm “must conduct its business with integrity” and “pay due regard to the interest of its customers and treat them fairly.” Crypto companies would be given less strict requirements than banks or investment platforms on rules concerning senior managers, systems and controls, as cryptocurrency firms “do not typically pose the same level of systemic risk,” the FCA said. Firms would also not have to offer customers a cooling off period due to the voltatile nature of crypto prices, nor would technology be classed as an outsourcing arrangement requiring extra risk management. This is because blockchain technology is often permissionless, meaning anyone can participate without the input of an intermediary. Other areas of crypto regulation remain undecided. The FCA has plans to fully integrate cryptocurrency into its regulatory framework from 2026. Source: https://www.coindesk.com/policy/2025/09/17/uk-fca-plans-to-waive-some-rules-for-crypto-companies-ft
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