Cardano's blockchain will soon feature its first major gold-backed token, Kinka Gold ($XNK), thanks to a partnership between the token's issuer and EMURGO, a founding entity of Cardano. EMURGO is a company that plays a crucial role in the Cardano ecosystem, focusing on the commercial development and adoption of blockchain technology.

Cardano (ADA) continues attracting significant crypto attention thanks to heightened whale activity.

Bitcoin faced selling near $64,000, but buyers have managed to keep the price above the short-term holder realized price near $62,000, which is a positive sign.

ADA appears to be bullish and poised for a massive rally, driven by a potential breakout and bullish on-chain data.

Bitcoin has surged past the $62,000 mark, reaching $62,326.36—its highest price since late August. This increase, representing a 4.07% rise in just 24 hours, follows the Federal Reserve's recent decision to lower interest rates by 50 basis points, a move that caught many analysts by surprise as they had anticipated a smaller reduction of 25 basis points.

While many altcoins are looking to catch up to their past sell-off figures, Cardano (ADA) appears to lag. As of this writing, the ADA price changed hands for $0.3535, up 0.74% in 24 hours, per CoinMarketCap.

The market participants are eagerly waiting for the Cardano price to reach $0.4 sooner rather than later. Meanwhile, the token appears to have entered a prolonged relaxation period, as the bulls are displaying no interest in accumulating the token.

The price of Cardano has jumped by 3.5% in the past 24 hours, with its move to $0.3591 coming as the cryptocurrency market gains by 1.5% today.

Cardano (ADA) price has been on a downtrend since March 2024. Since then, ADA has shed nearly 66%, but the outlook might be starting to change for this Ethereum-killer with the recent comeback in Bitcoin (BTC) price.

The price of Cardano (ADA) has held above $0.30 thanks to a sideways trend after the price drop on August 5. The cryptocurrency is stable above the $0.30 support but below the moving average lines or the $0.40 resistance level.

Hoskinson's Concerns: Charles Hoskinson feels that “Trump's crypto venture” will inadvertently increase regulatory scrutiny and politicize the industry.

Story Highlights The live price of the Cardano token is . ADA coin price could reach a potential high of $1 by the end of 2024. Cardano price, with a potential surge, could go as high as $10.32 by the end of 2030. With the BTC price back to $55,000, the altcoins market remains polarized.

Cardano founder raised concerns about the Trump-backed crypto platform, warning it could bring regulatory challenges and politicize the industry.

This important meeting will take place during the Tech Forum Argentina on October 19th. Hoskinson wants to discuss how blockchain technology can change how countries manage their economies and political systems.

This week, we take a closer look at Ethereum, Ripple, Cardano, Binance Coin, and Solana. Ethereum (ETH) The market has had a great week so far, and Ethereum closed with a 9% price increase.

Charles Hoskinson, founder of Cardano, will meet Argentinas President Javier Milei at Tech Forum in October to explore how blockchain technology can reshape Argentinas financial systems, discussing everything from digital currencies to technological innovation. Hoskinson to Meet Milei at Tech Forum In October, Charles Hoskinson, founder of Cardano, and Javier Milei, president of Argentina, will meet to talk about the cryptocurrency economy.

Cardano has been under scrutiny as it navigates a challenging market. As of September 19, ADA faced a modest decline of about 1% over the past day, which has led many traders to reevaluate their positions.

Hoskinson maintains that Cardano's success should be gauged by long-term impact, not by short-lived crypto rankings.

Investors are always in a hurry to discover unnoticeable yet profitable altcoins in the ever-changing world of cryptocurrencies. Coins such as Cardano (ADA) and Polygon (MATIC) frequently capture headlines. However, according to experts, a new player, Rexas Finance (RXS), is on the verge of making news in the crypto marketplace.

TL;DR Cardano Launches Kinka Gold: Cardano, in collaboration with EMURGO and Kinka Gold, has introduced a gold-backed token called XNK, aiming to bridge traditional assets and digital currencies.

Cardano (ADA) has seen a 5% increase in price over the past 24 hours. This reflects the general cryptocurrency market's positive trajectory since the US Federal Reserve cut interest rates on Wednesday.

Cardano founder Charles Hoskinson is set to meet with Argentina's President Javier Milei in October to discuss the role of cryptocurrency in shaping the country's economy.

Cardano shows mixed signals on the technical indicators, not to mention the on-chain data. Despite bullish trends in the metrics, ADA has been unable to gain significant price momentum.

The crypto market update for September 19, 2024 Asian trading hours sees Bitcoin break above $62,000. BTC price rose as traders cheered the US Federal Reserve's 0.5% interest rate cut – the first one since 2020. Most altcoins also traded higher, with Ethereum gaining to above $2,450.

In 2024, the Cardano (ADA) ecosystem has seen remarkable growth in its smart contract capabilities, with Plutus V2 contracts taking center stage.

The new entry marks a significant milestone for the decentralized future.

In a meeting planned with Argentina president Javier Milei, Charles Hoskinson wants to discuss how blockchain can rewrite global economic and political systems.

As a technology provider, behind XNK there is Emurgo.

Cardano price has picked up speed lately and has formed a bullish reversal pattern that could result in higher prices in the long run. Most of the gains are being attributed to renewed whale activity on the network.

Cardano's Long/Short ratio, Futures Open Interest, and OI-Weighted Funding Rate are flashing bullish signals.

Cardano (ADA) has made headlines by decisively winning a recent poll conducted by Weiss Crypto, a respected ratings agency in the cryptocurrency sector. The survey, which garnered over 7,000 votes, revealed that a staggering 76% of respondents believe Cardano boasts the best technology among altcoins.

Cardano (ADA) is making headlines as it forms a symmetrical triangle pattern on its price chart, a technical signal that could indicate significant price movement in the near future. After experiencing a notable decline over the past four months, Cardano's price has drawn the attention of market analysts, particularly in the context of broader economic factors and network activity.

Bitcoin is at a critical juncture, and analysts are divided about the potential impact of interest rate cuts on the market's direction.

Cardano is set to see a rise in user adoption after the much-awaited release of Midnight's whitepaper, dubbed the "Nightpaper."

The crypto market continues hovering close to its valuation of $2.05 Trillion mark, indicating stability in the crypto space. Moreover, the market leader, Bitcoin price had reclaimed the $60K mark during the early Asian trading hours. This highlights increased price action.

The price of Cardano has dropped by 1% today, with ADA falling to $0.3304 as the cryptocurrency market as a whole barely moves in the past 24 hours.

Cardano founder Charles Hoskinson has posted a photo of himself taken at the TOKEN2049 blockchain event in Singapore.

The Cardano ecosystem is poised for significant growth with the introduction of the NIGHT token, as detailed in the recently published Midnight “Nightpaper.” As a Cardano native asset, NIGHT will play a role in governance and network consensus, supporting the blockchain's innovative dual-token system alongside DUST, a token designed to manage transactions while preserving user

Cardano has overwhelmingly won the vote on which altcoin has the best technology according to a recent survey by Weiss Crypto, a reputable ratings agency for cryptocurrencies and financial organizations. Cardano received more than 76% of the votes significantly surpassing both Ethereum (6.7%) and Solana (8.1%).

Altcoins is where it's at. Bitcoin may be the best invention since the internet itself, but it cannot compete with the hottest altcoins. Sadly, however, not all altcoins are hot. Tron is cooling down, and the Cardano price is ice cold, leaving investors scrambling to find a token to offset losses.

Two days ago, Cardano (ADA) was set for a rally toward $0.40, but that potential has diminished as crypto whales have stepped back.

Cardano (ADA) is finally at stage three of this current market cycle, with analysts foreseeing a massive 4,500% price rally to $15. This projected price increase is set to offer dedicated investors and holders a small window of opportunity to make gains from the popular altcoin.

In this confusing market sentiment, Cardano (ADA) whales' activity over the past 24 hours has raised hope among investors and traders, indicating something significant may be unfolding. According to the on-chain analytic firm IntoTheBlock, Cardano Whales has moved a significant 19.5 billion ADA tokens, worth $6.48 billion in the past day.

Cardano and Zilliqa work together to forge stronger connections and advance a more unified blockchain future.

Zilliqa Group, the web3 platform behind the Zilliqa (ZIL) blockchain, has partnered with EMURGO, the blockchain company supporting Cardano (ADA) development and adoption. This alliance aims to create a bridge between the ADA and ZIL blockchain ecosystems, leveraging the strengths of both platforms to promote interoperability and innovation.

Cardano (ADA) whales are in rebel mode in an attempt to help the protocol sustain its ongoing bullish rally. After dropping as low as 4% this week, the ADA price is now in rebound mode.

The Ape Society drama resurfaces as Cardano comes under fire for its struggling price.

Cardano (ADA) has been making headlines once again, as founder Charles Hoskinson recently teased the development of a new upgrade, Ouroboros Leios, designed to outpace Solana. With the potential to drastically improve Cardano's speed and scalability, this “Solana-killer” technology is fueling excitement across the crypto community.