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Cardano – Page 3 – BitcoTasks BLOG
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Institutional Investors Show Interest In Cardano, Triggering 300% Surge

Cardano

Cardano (ADA) has witnessed a massive 300% surge in Exchange Traded Product (ETP) inflows. The unexpected influx of capital from institutional investors could set the stage for a potential uptrend ahead of the Chang hard fork.   Cardano Inflows Skyrocket 300% On July 29, CoinShares, a leading firm in the crypto ETP industry, released a weekly…

Institutional Investors Show Interest In Cardano, Triggering 300% Surge Read More »

Cardano Recovery Imminent? Whales Make Their Move With 17 Billion ADA

Cardano

Cardano is at a significant milestone with the impending Chang hard fork. This pivotal moment follows the recent upgrade of its node validation software before the upgrade goes live. As the Cardano ecosystem gears up for this major update, the network is experiencing a surge in activity that could determine its trajectory in the coming…

Cardano Recovery Imminent? Whales Make Their Move With 17 Billion ADA Read More »

Cardano In The Spotlight: Why The $0.6 Level Is Important To ADA

Cardano

Cardano (ADA) is currently in a pronounced seven-day decline, which was exacerbated by a fresh descent below the $0.41 mark. This decline is part of a broader trend observed across many altcoins, which have reacted negatively to Ethereum’s significant drop in the last 24 hours. The decline represents a correction from a bullish run that…

Cardano In The Spotlight: Why The $0.6 Level Is Important To ADA Read More »

Cardano Down 50% In 4 Months: Sellers Unrelenting, Best Time To Buy ADA?

Cardano

Cardano has been under pressure and selling off in the past four months. From the ADAUSDT daily chart, it is evident that bears have been in control. After peaking in March, prices plunged by as much as 60% before finding support in mid-July. Since then, ADA has recovered slightly, but bears have not relentred, especially…

Cardano Down 50% In 4 Months: Sellers Unrelenting, Best Time To Buy ADA? Read More »

Crypto Market Rebounds From Lows, But Why Are Cardano Holders Suffering Losses?

Cardano

Despite the crypto market recovery, a large number of Cardano holders are still nursing losses, leading to speculations as to why this is the case. Data from IntoTheBlock shows that the altcoin is the worst performer in terms of profitability when it comes to the top 10 largest cryptocurrency by market cap, disappointing holders and…

Crypto Market Rebounds From Lows, But Why Are Cardano Holders Suffering Losses? Read More »

Why Did The Cardano Price Surge 17% Amid The Crypto Market Crash?

Cardano

Cardano (ADA) has recorded a significant 20.29% price increase for the past seven days in line with the current green movement for most cryptocurrencies. ADA trading volume has spiked massively since it bottomed out at $0.335 on July 8, allowing it to outperform the majority of the large market-cap cryptocurrencies. For those wondering, ADA’s price…

Why Did The Cardano Price Surge 17% Amid The Crypto Market Crash? Read More »

Cardano Moves Toward $0.4233, Will ADA Maintain Its Uptrend?

Cardano

Cardano (ADA) lately has been steadily climbing toward the $0.4233 resistance level. This upward movement which has persisted for a while now is raising curiosity among market participants as to whether the crypto asset can continue to maintain its bullish momentum and break through this significant resistance level.  Also, Cardano’s recent price performance has showcased…

Cardano Moves Toward $0.4233, Will ADA Maintain Its Uptrend? Read More »

Cardano Sees 1,218% Spike In This Major Metric, Will ADA Price Follow?

Cardano

The Cardano blockchain has been relatively quiet since the beginning of July, alongside an ADA price consolidation. As per on-chain transaction data, Cardano whales have also been relatively quiet since the last week of June. Daily whale inflows have steadied under 5 million ADA since the beginning of the month, save for a recent spike…

Cardano Sees 1,218% Spike In This Major Metric, Will ADA Price Follow? Read More »

Is Cardano the Next Big Winner? Analysts Predict Massive Surge as Bitcoin Wobbles

Cardano

Amidst recent fluctuations, analysts have focused on Cardano (ADA) due to its potential for a significant rally. Similarly, Bitcoin (BTC), the market leader, has shown patterns that traders must understand as they navigate the current market conditions. Is Cardano (ADA) On The Brink of a Parabolic Rise? Cardano, often lauded for its technological foundation, has…

Is Cardano the Next Big Winner? Analysts Predict Massive Surge as Bitcoin Wobbles Read More »

Cardano Breaks Out Of Falling Wedge Pattern, Analyst Predicts 70% Rally For ADA

Cardano

Cardano (ADA) has correlated with the broader market, experiencing a retracement from its yearly high of $0.810 in March to as low as $0.357 on June 22. However, ADA has now deviated from the struggles of Bitcoin (BTC) and Ethereum (ETH), exhibiting a 2% increase in the past 24 hours and over 12% in the…

Cardano Breaks Out Of Falling Wedge Pattern, Analyst Predicts 70% Rally For ADA Read More »

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