Cryptocurrency News
As the cryptocurrency space continues to thrive, all eyes are on the potential approval of a Bitcoin Spot Exchange-Traded Fund (ETF) by the US Securities and Exchange Commission (SEC). In the midst of this, Cardano (ADA) has emerged as a noteworthy player in 2024, showcasing significant market momentum through increased […]
Cardano is trapped in a consolidation phase for almost two weeks due to a lack of interest in the market. In the middle of that, it formed a bullish pennant and looks set for more gains in the future. Two weeks ago, ADA encountered a solid resistance at $0.68 after […]
Over the last 24 hours, Cardano’s native cryptocurrency, ADA, has experienced a remarkable surge, witnessing an impressive increase in market capitalization exceeding $1 billion. This surge has propelled Cardano to a total market capitalization of $15.83 billion, solidifying its position as the 8th-largest cryptocurrency according to CoinMarketCap. In this recent […]
There’s currently a notable shift in the cryptocurrency space, marked by a growing curiosity from institutional investors toward Cardano and its token, ADA. According to recent data, shared by analyst Ali Charts on X, it shows an increasing frequency of substantial transactions within the Cardano ecosystem. Also, this suggests active […]
Cardano’s price recently broke out of structure after trading in a wedge for months. The trend now looks bullish across major timeframes with no signs of weakness. A pullback should be expected if the price drops. During last month’s recovery across the market, ADA surged through a vital resistance and […]
The cryptocurrency market has witnessed a surge in whale activity recently, with several of the top digital assets experiencing their most significant whale transactions in months. Notable among these are Bitcoin (BTC), Ethereum (ETH), and Cardano (ADA). 🐳 Several of #crypto's top assets just had their biggest days of whale […]
Over the past 30 days, Cardano (ADA) has made an impressive resurgence, claiming the top spot in terms of notable GitHub commits and development activity. This shift is indicative of Cardano’s commitment to enhancing its blockchain and ecosystem. Cardano Takes The Lead Cardano, often hailed for its emphasis on academic […]
As Bitcoin briefly surpassed the $28,000 mark to kick off October, the cryptocurrency market witnessed several price rebounds, offering a brief window of profit-taking opportunities. Among the numerous altcoins in the market, three specific ones – Aave ($AAVE), Cardano ($ADA), and Curve DAO Token ($CRV) – garnered significant attention as […]
Most altcoins have posted impressive gains since last week due to an enhanced volume across the crypto space. Large-cap like ADA has bounced slightly from its five-month low with 4% gains in one week. In April, Cardano rejected the $0.46 level and started to lose momentum after testing the level […]
In 2023, the development landscape in the cryptocurrency space witnessed intriguing dynamics. Polkadot and Kusama, both known for their innovative approaches to blockchain interoperability, initially dominated GitHub activity, showcasing their commitment to continuous improvement and technological advancement. This active involvement signaled their dedication to refining their platforms and fostering a […]
The recent developments in the Cardano ecosystem are indicative of both market dynamics and blockchain adoption trends. The price of Cardano (ADA) hovering around $0.29 suggests a level of stability and investor interest, although it’s crucial to note that cryptocurrency markets can be highly volatile. Whale Accumulation The accumulation of […]
Cardano looks weak today after recording a double-digit gain in the last 7 days. The weakness came after the bulls failed to push higher since last weekend. It may tap more profits if the bulls resume pressure. Last week saw ADA and other altcoins through a significant recovery after dipping […]
After witnessing a series of drops in the past weeks, Cardano reached a critical trading area where a major bounce or breakdown may come into play. Now negotiating for the next direction. The price of Cardano looks overstretched following past weeks of negative actions across the market. Due to the […]
Cardano’s price remained intact in a channel pattern after shedding a lot of loss in five months. It recently found support on the channel’s lower boundary after consolidating for a week. Recovery lies ahead! The much-anticipated correction to the $0.35 level finally occurred last week after a three-week decline. At […]
Cardano fell from a vital resistance level in mid-April after witnessing a steady increase for a month. It has found temporal support, but there’s not enough volatility to initiate a buy. The support may collapse soon. The price of ADA has been on the rise since the start of the […]
After witnessing low volatility for several days, Cardano surpassed a psychological level and printed a new high. It fell throughout this week and shed a 15% loss in a week. But recovery is underway. Before surging through the $0.40 resistance level last week, Cardano witnessed a serious shrink in volatility […]
Cardano’s bullish trajectory remains intact amid the indecisiveness amongst top altcoins. It has formed a double-bottom pattern on the higher time frame but still needs a break to validate a bull run. The crucial $0.4 resistance level has become a strong reverse point for Cardano since it regained momentum in […]
Cardano appears to have found support on a crucial trendline after past weeks of drops. It must reiterate the latest positive actions for the next few days to signal a bullish reversal. After a three-week decline, Cardano finally retested the eight-month descending trendline that got flipped in January. It found […]