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news-imageDecember 20, 2024

$164 Million Cardano (ADA) Outflow, Buy Opportunity?

ADA, the native token of the Cardano blockchain, has gained significant attention from crypto enthusiasts despite its recent price decline. The altcoin has experienced a price drop of over 30% in the past 48 hours. However, with rising interest from long-term holders and Binance traders, its price appears to be recovering.
Publisher: CoinPedia
Sentiment: Negative
ADA

More News Articles

Negative
cover-imageCryptoGlobe
December 19, 2024

Why is Cardano (ADA) Down Today?

The cryptocurrency market has endured a significant downturn that wiped around $300 billion from its total market capitalization amid a wider sell-off in risk assets after the Federal Reserve cut interest rates by 25 basis points and signaled a more hawkish stance.

Negative
cover-imageUToday
December 19, 2024

Cardano's ADA Plunges Under $1, But Whales Are Still All In

Cardano (ADA), the ninth largest cryptocurrency by market cap, has dipped below the $1 mark amid a broad market sell-off, which triggered $788 million in liquidations across various crypto assets in the last 24 hours. However, on-chain data suggests that whales may be seizing the opportunity to accumulate.

Positive
cover-imageThe Cryptonomist
December 18, 2024

Cardano Foundation: the role in the governance of the blockchain

The Cardano Foundation is facing a crucial phase for the consolidation of governance within its ecosystem. Recently, the organization reiterated its commitment to decentralized and transparent management, highlighting the importance of active community participation for the sustainable growth of the platform.

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