Cardano’s value seems to have sparked a significant number of short places after failing to overcome the $0.4400 resistance. Platforms for smart contracts failed due to rising costs, while investors made money. At $0.4000, ADA ought to immediately resume support. Before the bulls have another opportunity to raise the price, a rally to $0.3730 is…
When the US inflation statistics of the September month were announced, the cryptoworld was in a new instability situation. But not in a negative way. As the result of the announcement of the inflation data, BTC price reached his key level for the last time, being valued at more than $19,000. As the biggest cryptocurrency…
Cardano is still making headlines. Now, with its win in a survey conducted by Blockchain.com that wanted to gauge the interest from its audience regarding projects that are most interesting for staking rewards. With 80.6% of all votes, ADA took first place against ETH (12.1%), SOL (3.2%), and DOT (4.1%). It is hard to believe…
The crypto market has been on a freefall over the past seven days, with the leading digital asset dipping to a 16-month low. Even though BTC has recovered and made some gains, it is still nowhere near its peak price, which it attained last November. However, Cardano founder, Charles Hoskinson, has shared his insights regarding…
No digital token traded in the green amid Thursday’s early hours. Bitcoin dropped 10%, while Ethereum noted an 18% nosedive. Meanwhile, the altcoin marketplace bled severely. The crypto market suffered today as the global economy battled multiple factors. The stablecoins’ unstable algorithmic hurt sentiment in the crypto market, whereas U.S dollar-tied tokens see ‘de-pegs,’ dragging…
According to a tweet posted by the official Wanchain Twitter account, Cardano’s parent company IOHK is now working with Wanchain to introduce further interoperability. Wanchain and Cardano Team Cardano’s quest towards interoperability is now seeing significant progress as its parent company, IOHK has developed a partnership with Wanchain to bring interoperability between the Cardano mainnet,…
Cardano has seen bears control its price movements for some time now. The alternative token appeared to discover renewed selling momentum following the dip beneath the EMA ribbons. While such developments indicated a further downtrend, the current plunging wedge formation means a possible gain in the near term. ADA traded near $0.7937 at this publication,…
Cardano price remains range-bound within the $0.776 – $1.240 level and currently plants to explore the topside limits. ADA may drop towards the $0.776 range low before launching a 30% upswing towards $1.01. A daily candle close under $0.672 will cancel Cardano’s bullish case. Cardano (ADA) appears on continuous bleeding since the altcoin touched its…
Technical improvement announcements may have affected ADA prices positively in the short timeframes. The latest proposal to increase Cardano mainnet’s block size saw price charts responding with upticks. Moreover, Santiment data show ADA hovering within an area that upside rallies have generated for the alt. Is history about to repeat itself? Cardano – 1-Day Timeframe…
Solana, the 6th-largest crypto by market cap, saw a slight decline on Tuesday following massive rallies within the previous month. However, the drops show the altcoin readying for sharp upswings toward new all-time highs. SOL lost nearly 7% towards the $126.94 mark and traded around $132.76 at this writing, following a 3.32% fall over the…
Cardano has its holders in a dilemma as ADA price hovers near $1.20. The breaker at $1.22 – $1.35 remains a significant obstacle, preventing bulls’ actions towards the $1.60 level. A daily candle close under $1 will cancel DOT’s bullish thesis. Cardano (ADA) displays momentum slowdown following a swift upside move from a psychological area….
Enormous XRP transfers between cryptocurrency exchanges are continuing, according to an official Whale alert Twitter account, whereas Ripple has re-escrowed the remaining cash just disbursed. With a few major cryptocurrency exchanges, Ripple has moved over 313M XRP, like two of the on-demand liquidity routes by Ripple in Asia and Latin America, respectively. 313.1M XRP Moved…
On Wednesday, the largest American-based crypto exchange, Cardano, revealed that its platform will start supporting Cardano staking services. A top-level executive with the company remarked that Coinbase’s choice to offer Cardano staking services was simple because the network ranks among the top ten blockchains. This blockchain is based on a pos algorithm that is flexible,…
One of Cardano’s founders, Charles Hoskinson, has claimed that the Cardano team is planning three colossal upgrades for the network to achieve greater scalability before the end of this year. We Are Working On Three Big Things For Cardano – Hoskinson In the latest interview with popular podcast host, Marco Monty Montemagno, Hoskinson revealed the…
Since the beginning of this year, the total value locked (TVL) on the Cardano network has been growing in leaps and bounds, the same way the Cardano community has been growing. However, the latest Defi Llama data (which was released today) showed that the Cardano’s TVL Exceeds $200m For The First Time TVL in Cardano….
Since January 2022, TVL on the Cardano blockchain has displayed a remarkable increase. Recent data by DeFi Llama (a top DeFi TVL analytics firm) showed that the TVL on the network’s DeFi protocols had reached new heights of nearly $190m today, breaking the previous peak record. There Is More To Come – Hoskinson When staked…
Cardano’s price hovered with slight upswings during Tuesday’s session. The alt has traded within a constricted range since touching January lows around $0.92. However, selling momentum dominated, forcing the alt to test new 2022 lows of $0.81 in February. Cardano traded with gains on Tuesday. Nevertheless, bulls could not sustain ADA’s momentum. Volatility and risk…
As the running week lands into its weekend, the situation for major cryptocurrencies still looks dull. After experiencing a slight surge in price in the past few days, the past 24-hours have not demonstrated positive performance for major cryptocurrencies. As always, Bitcoin is on top of the list with over $1.04 trillion valuations, and it…
Briefly – Cardano’s (ADA) price remains in the middle of the monthly price range. Further price developments appear to favor Cardano bulls, and technical signals confirm. Analysts believe ADA’s will rise back to levels beyond $3 by September end. Cardano trades on a weekly bounce at $1.90, while its record high this year stands at…