Cardano (ADA) is approaching a critical juncture as it eyes a retest of the key $0.3389 support level. In recent trading sessions, ADA‘s price has previously risen above this level and is currently dropping for a second retest thereby raising concerns among investors and traders. A successful defense of the $0.3389 support could signal a…
Cardano Eyes $0.3389: Can Bulls Sustain ADA Above This Critical Level? Read More »
Cardano is one of the altcoins that have been significantly impacted in the crypto market crash triggered by the Bitcoin decline. However, while this could sound as the end of the road for some, others are seeing this as an opportunity to buy the cryptocurrency for cheap. One of those is crypto analyst Alan Santana,…
Cardano Price Crash Below $0.3: Is It Time For You To Buy ADA? Read More »
The ongoing plunge in the overall crypto market fairly began back in July where the global crypto market cap initially fell to $2.5 trillion from $2.7 trillion earlier in May. However, despite this downturn recorded in July, Cardano (ADA), the 9th largest crypto by market cap appears to have defied this bearish trend. Particularly, according…
Cardano Defies Market Downturn: On-Chain Activity Surges in July, Stats Show Read More »
Cardano has been among the major coins that suffered miserably in the chaotic crypto market today: the token lost 30% in value in the last week. The broader market’s slip and crash are to be blamed for the token’s poor performance. The past 24 hours remain bloody, with the total market cap facing an over…
Bloody Monday: Cardano Not Spared From Bloodbath, Suffers 30% Loss Read More »
Cardano (ADA) is currently competing with Ethereum in terms of large transaction volume. This is undoubtedly a positive development for the ADA ecosystem, especially since it indicates a wave of accumulation among the token’s large holders. Cardano Matches Ethereum In Large Transaction Volume Ethereum witnessed a large transaction volume of $6.71 billion. This development suggests…
Cardano Goes Toe-To-Toe With Ethereum As Whales Scoop Up 120 Million ADA Read More »
In an interview with the hosts of “Altcoin Daily,” a popular cryptocurrency-focused YouTube channel, Charles Hoskinson, the founder of Cardano, made bold assertions about the future of Cardano in relation to Bitcoin. Addressing nearly 1.5 million subscribers, Hoskinson laid out a vision for Cardano that he believes will not only compete with but eventually surpass…
Hoskinson Claims Cardano Will Flip Bitcoin As Leading Crypto Read More »
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 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 »
On-chain analytics firm Santiment has revealed Cardano (ADA) is one of the altcoins that could likely see price jumps shortly. Cardano Among Altcoins That Are Being Heavily Shorted Right Now In a new Funding Rate,” which keeps track of the periodic fee that derivatives traders have to exchange with each other. When the value of…
Cardano Among Alts Likely To See Price Boosts, Santiment Says Read More »
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 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 »
