Latest news with #Iagon
Yahoo
22-06-2025
- Business
- Yahoo
ADA Takes a Hard Fall as Traders Feel the Heat of War in the Middle East
Cardano (ADA) ADA is trading at $0.5478, down 6.45% over the past 24 hours, after a sharp correction fueled by market anxiety surrounding escalating geopolitical conflict in the Middle East. The token fell from a high of $0.586 to a low of $0.5464, with the steepest drop occurring during the 21:00 hour when ADA fell 3.2% on 126 million volume, according to CoinDesk Research's technical analysis model. 24-hour trading volume climbed to 37.37% above its 30-day average. Despite this volatility, Cardano continues to attract long-term interest. Nearly $1 billion worth of ADA has been withdrawn from centralized exchanges in 2024, and over 310 million tokens have been accumulated by large holders in June alone. Institutional interest in the Cardano ecosystem was also underscored this week by the launch of a new proof-of-concept initiative involving decentralized storage platform Iagon, legal tech firm Cloud Court, and Ford Motor Company. The pilot project aims to test the viability of combining Cardano's blockchain infrastructure with Iagon's decentralized cloud storage to support secure legal data management systems. Ford is contributing to the project in an advisory role, drawing on its internal experience managing large-scale legal data operations. The initiative is designed to explore how a hybrid architecture—where sensitive legal documents are encrypted and stored off-chain, and access logs and verification are handled on-chain—might address long-standing issues like fragmented records, inefficient collaboration, and lack of auditability. The project also reflects Cardano's expanding presence in enterprise environments, with potential applications extending to sectors such as healthcare, finance, and public administration. Technical Analysis Highlights ADA declined 7.0% from $0.586 to $0.545 during the analysis window, forming a $0.041 range. The steepest intraday move occurred during the analysis window, marked by a 3.2% hourly decline and elevated volume. A high-volume resistance level formed at $0.569, while support was tested at $0.545. Recovery attempts during the 23:00 and 00:00 hours failed to break resistance, despite volume exceeding 60 million ADA. A descending channel with lower highs and lower lows confirmed the bearish structure. Between 06:05 and 06:38, price entered a bullish channel with a sequence of higher lows and higher highs. Resistance emerged at $0.558, and a support zone developed around $0.554. Volume peaked at 2.3 million ADA during the 06:16 candle, supporting a temporary upward move. A modest pullback from $0.558 to $0.556 followed, representing typical post-rally consolidation. Volume declined during the pullback, suggesting weakening selling momentum. Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk's full AI Policy. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Associated Press
09-02-2025
- Business
- Associated Press
New to The Street Premieres Back-to-Back Episodes on Bloomberg: Episode 624 Aired Last Night, Episode 625 Airs Tonight at 6:30 PM EST as Sponsored Programming
Tonight's episode will also include key updates from Iagon CEO Navjit Dhaliwal, who will share the latest advancements and innovations driving the company's mission forward. NEW YORK, NY / ACCESS Newswire / February 8, 2025 / New to The Street, the premier business TV show spotlighting industry leaders and emerging innovators, is thrilled to announce its back-to-back episodes on Bloomberg Television. Episode 624 aired last night, and Episode 625 is set to premiere tonight at 6:30 PM EST. These exclusive episodes feature in-depth discussions with executives from groundbreaking companies, including Jeb Besser, CEO of Modular Medical, Michelle Song, CEO of AtelierSong, HPB's CEO Sebastian Heinz, Iagon and The Sustainable Green Team. Each segment delves into the vision, technology, and market strategies of these companies, offering investors and industry professionals valuable insights into their growth trajectories. With New to The Street's strong distribution network, including Bloomberg Television, YouTube, and social media platforms, these interviews will reach a broad audience of business leaders, investors, and industry decision-makers. Tune in tonight at 6:30 PM EST on Bloomberg to catch these exclusive interviews and stay informed on the latest developments from these cutting-edge companies. About the Featured Companies Modular Medical, Inc. (NASDAQ:MODD) Modular Medical is a development-stage company focused on next-generation insulin pump technology to improve diabetes management. The company aims to make insulin delivery more affordable, accessible, and user-friendly through its innovative pump solutions. For more information, visit: AtelierSong AtelierSong is a premier interior architecture and design firm based in New York City, with a global footprint that includes Rome and other key locations. Founded by CEO Michelle Song, the company specializes in luxury design solutions that blend artistic vision with innovative architectural elements. For more information, visit: About HPB (High Performance Battery): High Performance Battery Technology GmbH is a young company specializing in the research and development of a new generation of batteries with outstanding properties. The HPB Solid-State Battery is characterized by its non-flammability, extreme durability, and significantly improved environmental properties - and is already ready for series production thanks to an innovative production process. High Performance Battery Technology GmbH, based in Bonn, Germany, is a wholly owned subsidiary of High Performance Battery Holding AG, based in Teufen, Switzerland. Visit Iagon Iagon is revolutionizing decentralized computing by leveraging blockchain and AI-driven cloud storage solutions. CEO Navjit Dhaliwal will share updates on the company's latest developments, including how Iagon is transforming the future of secure and scalable cloud storage. For more information, visit: The Sustainable Green Team (OTC:SGTM) The Sustainable Green Team provides environmentally responsible solutions in waste management, forestry, and sustainable agriculture. The company is focused on innovative green technologies that support a circular economy, reducing waste while maximizing resource efficiency. For more information, visit: For over 15 years, New to The Street has been a leading television business platform, providing insightful interviews with CEOs, industry experts, and innovators across various sectors. The show airs nationwide, bringing unparalleled visibility to companies through sponsored programming on Bloomberg and Fox Business, earned media, and strategic social media amplification.
