On Monday, Charles Hoskinson, the co-founder of Cardano, shared in a tweet that Bitcoin is now added to the Lace Wallet.
Basically, this means users can now manage their Bitcoin inside the same wallet they use for their ADA and other Cardano tokens.
Lace, developed by Input Output Global (IOG), is a lightweight wallet platform for managing ADA and other digital assets. The wallet now includes support for Firefox, performance upgrades, and Bitcoin functionality.
“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,” Lace stated in a blog post.
The news didn’t spark a strong price movement, but it is a step forward in Cardano’s cross-chain plans.
As of Today, ADA remained near $0.70, trading within a narrow range of $07105 and 0.7090. Looking at the chart, it hovered around its 200-day Exponential Moving Average (EMA) at $0.71.
Yesterday, the price dipped to $0.66 but has regained its value. if ADA breaks past $0.74 and closes above it, the next likely target is $0.80.
The Relative Strength Index (RSI) is currently at 53, sitting above the neutral line of 50. This means the momentum is divided between both buyers and sellers.
Also Read: Cardano Founder Says Lace Wallet Is Integrating XRP
