#Over 100 Companies Hold Over 830,000 BTC#
According to reports as of June 19, more than 100 companies collectively hold over 830,000 BTC, worth about $86.476 billion.
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Brave Wallet Beta Adds ADA: Cardano Users Reach Millions
Brave Wallet Beta now supports Cardano, exposing ADA to 88 million users.
Users can send, receive, and swap ADA directly within the Brave browser.
ADA price remains bearish despite the major integration and expanded wallet utility.
Cardano's ADA has landed on Brave Wallet Beta, and nobody saw it coming. No fanfare. No loud banners. Just a quiet update that could change everything for ADA users. With Brave’s 88 million monthly users now able to access Cardano, the stage is set for massive exposure—even if the market hasn’t caught up yet.
Quiet Integration, Massive Reach
The new Brave Wallet update went live quietly. A Cardano-focused X page first noticed the change on June 19. A screenshot revealed ADA support sitting right in the wallet interface. That came just weeks after Brave and Input Output confirmed their plans to integrate full Cardano support. Now, users can send, receive, and swap ADA within the browser. They can also sign transactions, manage native tokens like NIGHT, and interact with decentralized apps.
Cardano holders even get the power to participate in governance—all without leaving the Brave ecosystem. This move is big. Brave is known for its privacy-first design, and Cardano thrives in communities that value decentralization. Pairing the two gives users a seamless, secure way to manage assets. It also gives Cardano a massive new on-ramp—one that connects directly to millions of curious crypto users.
Price Lags, But Technicals Offer Clues
Despite the huge news, ADA’s price hasn’t reacted much. At the time of writing, it’s trading around $0.6002, down slightly on the day. Volume also dropped, with ADA’s 24-hour turnover falling 47.3% to $360 million. In the derivatives market, the tone remains cautious. Open interest dipped. Volume fell 42%, hinting at fading speculative energy. Traders seem unsure.
Technically, ADA looks stuck in a downtrend. It’s below key moving averages—from the short-term 10-day to the long-term 200-day. That’s a clear signal of bearish control. The Bollinger Bands continue to narrow, with ADA hugging the lower band near $0.5899. That shows real selling pressure. Momentum indicators paint a picture of exhaustion.
The RSI sits near 32.8—close to oversold but not quite there. MACD stays in the red. The stochastic RSI screams oversold too, but no strong rebound signal has emerged. The Commodity Channel Index hovers around -124, teasing a possible short-term bounce. Cardano needs fuel. A volume spike. A bullish RSI crossover. Anything that sparks new buying. A breakout above the $0.63 level could trigger a rally toward $0.70.
But if volume stays low and ADA fails at the 10-day EMA near $0.6265, more pain may come. A fall below $0.59 could drag the price toward $0.55, a level not seen since early spring. For now, the Brave integration gives ADA something the charts can't measure—visibility.