Grammy‑winning artist Drake has just put out a new track called What Did I Miss? that makes a clear link between his rocky love life and Bitcoin’s wild swings.

According to reports, he raps, “I look at this shit like a BTC, could be down this week, then I’m up next week.”

Related Reading

That line isn’t just catchy—it’s another sign of how Bitcoin references are moving past finance blogs into hit songs.

Adoption Numbers And Hype

Based on reports from River, nearly 5% of the world’s population has used or owns Bitcoin so far. That’s a long way from Blockware’s forecast that 10% could be on board by 2030.

Those numbers show that while the buzz is loud, real wallets holding Bitcoin remain few. For many, Bitcoin is still a headline rather than a habit.

State Level Moves Shift Policy

Last month, Texas became the first US state to set up a public Bitcoin stockpile. Governor Greg Abbott signed Senate Bill 21, creating a standalone fund run by state’s comptroller.

That setup keeps the reserve out of the normal state treasury, so it can’t be raided for other expenses. A follow‑up bill, HB 4488, cements its legal protection, making sure the fund stays intact no matter what.

Not every state has pushed ahead. In May, Florida dropped its crypto legislation, joining Wyoming, South Dakota, North Dakota, Pennsylvania, Montana and Oklahoma in pulling back. Arizona’s House Bill 1025, despite getting farther than any similar measure, was vetoed by US President Donald Trump on May 3.

Bitcoin Lyrics Hit Home

Drake’s new verse isn’t his first high‑stakes play with crypto. Back in 2022, he put $1 million worth of Bitcoin bet on the Super Bowl. That bold wager grabbed headlines and showed he takes crypto chances seriously.

Related Reading

Now, by weaving Bitcoin into his music, he’s giving millions of listeners a taste of what traders already know: prices can swing hard, fast, and without warning.

Looking ahead, Drake’s new song and Texas’s reserve show two sides of crypto’s rise. The pop‑culture nods pull attention, while real‑world policies test whether Bitcoin can move from hype into everyday use.

If both trends keep climbing, Bitcoin could win more hearts—and wallets—in the years to come.

Featured image from Chris Delmas/AFP/Getty, chart from TradingView

• Cardano price, like other cryptocurrencies, coils in a triangular fashion.
• ADA  price sees rejection from both the 8- & 21-day simple moving averages.
• Invalidation of the downtrend is a breach above $0.48.

Cardano price could experience another sell-off. The swing lows established in June are unstable. Traders should also be hesitant to use the  swing low on May 12 as a bullish invalidation level.

Cardano price looks like a smart money trap

Cardano price looks like it is setting up for a “sweep the lows” event targeting a retest of the $0.40 barrier and possibly the May 12 swing low at $0.39. Like many other cryptocurrencies in the market, the alternative-smart contract token coils in a triangular fashion. However, unlike its peers, the ADA price never established a progressive rally throughout the last weeks of June. 

Cardano price has been trading range bound within the mid-$0.40 zone for the last 23 days. Its recent sideways nature only pales in comparison to USD stablecoins.

Cardano price currently trades at $0.456. On July 4, 2022, the bears successfully rejected the ADA price beneath the 8- and 21-day simple moving averages (SMA). ADA price could induce traders to open an unjustified long position, believing that the triangular pattern will continue to hold. 

An additional retest of the $0.43 barrier could become the catalyst to breach the swing lows established in June at $0.42. Furthermore, attempting to catch a knife in the $0.41 region while using the June 12 swing lows at $0.39 is ill-advised. Ultimately, this thesis concludes that a plummet to $0.37 and lower will be unsurprising.

ADA/USDT 4-Hour Chart

Invalidation of the bearish trend lies above the 21-day SMA at $0.48. If the bulls can reconquer this resistant barrier, they may be able to rally as high as $0.60, resulting in a 32% increase from the current ADA price.