Avalanche's native token, AVAX, has experienced a dramatic downturn, shedding 29.12% of its value over the past week. In the last 24 hours alone, it plummeted by 14.05%, leaving investors concerned about its future.
The crypto markets are coping with the recent crash, with the Bitcoin price rising above $98,000, and they are aiming to reclaim $100K over the weekend. In the meantime, the third-generation token Cardano remains sure of a consolidated ascending trend regardless of growing bearish influence.
The larger cryptocurrency market fell sharply on Friday, owing to a mix of macroeconomic factors and investor sentiment. The sell-off resulted in $1.42 billion in liquidations across various assets.
Cardano price drops 7% as MVRV ratio hits -15% Historical opportunity zone between -13% and -26% suggests reversal potential Critical $0.87 support level key for maintaining bullish outlook
AVAX could be on the verge of reclaiming bullish market momentum.
The latest crypto market crash has hit Cardano (ADA) hard, but the worst might already be over, and bulls will be hoping that the cryptocurrency is still headed for a positive start to 2025. The post Crypto Crash Hits Cardano Hard – Can ADA Hold $1 and Start 2025 Strong? appeared first on Cryptonews.
In a livestream broadcast on December 19, 2024, Cardano founder Charles Hoskinson delivered new remarks on the conflict with the Cardano Foundation, structural complications, and strategic priorities moving into 2025.
A solid recovery in Bitcoin price is a hint that bulls have not given up on BTC and altcoins as they continue to buy dips below key support levels.
Cardano price has dropped below the $1 support level amid a broader crypto market crash. This decline aligns with BTC fall below $100k, signaling bearish market sentiment.
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.
In a recent BeInCrypto-hosted discussion, Sofia Pashnina brought together representatives from Avalanche and Uplink to explore the potential of decentralized physical infrastructure networks (DePIN).
The crypto market started off with mixed signals, with Bitcoin leading the altcoins following the launch of the spot BTC ETFs. However, the rest of the year proved to be rather bleak until Q4.
Cardano's price increased in November but its price soon reduced, losing some of its gains. ADA now trades close to the $1 mark. Similarly, Solana's price has been on a downtrend. It has fallen to $216, delaying its rally to $300.
Changpeng Zhao (CZ), the founder of Binance, has announced that Revolut, Europe's largest unicorn company, has added BNB to its platform. The post Binance Founder CZ Amazed to Learn Revolut Has Listed BNB appeared first on Cryptonews.
Two weeks ago, Cardano (ADA) was trading above $1.30. Today, it sits at $0.80, having lost over 34% of its value in a sharp decline that erased critical support levels.
Revolut, the global neo-bank and fintech company, has made a bold move that surprised many, including Changpeng "CZ" Zhao, former Binance CEO. In a post on X, CZ shared the significant development with his 9.2 million followers.
Veteran economist and trader Peter Schiff has issued a stark warning for Cardano (ADA), predicting a “car crash” for the cryptocurrency as a strong bearish technical pattern emerges.
Charles Hoskinson, the CEO of IOHK, is setting his sights on helping unlock a staggering $20 trillion in crypto assets through the launch of the Midnight protocol.
Parcl ($PARCL) has taken a knock, with a price decline of -13.10% in the past seven days. As a real estate trading DEX, PARCL provides traders with the option of major city indices, among them New York, Los Angeles, and Dubai.
The founder of Binance, CZ, announced that the super app Revolut has added BNB to its trading platform.
Binance founder Changpeng Zhao, also known as CZ, has recently lauded BNB's listing on a major crypto exchange. Besides, his recent comment comes as BNB price has recorded a significant decline today amid a broader crypto market selloff.
London-based digital bank Revolut has added Binance's cryptocurrency BNB to its offerings, expanding its crypto portfolio.
This marks the first U.S. publicly quoted fund based on BNB, the native token of the BNB Chain ecosystem. Investors can now access this opportunity on the OTCQX® Best Market, opening doors to one of the world's top cryptocurrencies.
ADA price needs to stay above $0.87 to keep the bullish momentum alive. If it falls below, it could slide.
Cardano (ADA) has been on a downward trajectory over the past few days, with its price slipping by 7%. While this decline reflects broader market pressures, it has also created an opportunity for ADA holders.
Cardano (ADA) is currently in a consolidation phase after falling below the critical $1.00 mark, raising questions about its next move. The cryptocurrency, which had previously shown strong momentum, is now navigating a complex price structure with resistance at key levels of $1.020 and $1.040.
The Cardano price has crossed the $1 mark for the first time in two years, signaling a strong start to altcoin season. With XRP recently surging from $1 to $2.5 in just a week, many speculate Cardano (ADA) could follow suit. However, fractal shows PropiChain (PCHAIN), a new AI altcoin, as the top investment.
Osprey Funds expands its portfolio with the launch of BNB Chain Trust.
According to data provided by CoinGlass, more than $1.2 billion worth of crypto has been liquidated over the past 24 hours.
Whale activity plays a crucial role in Cardano's market dynamics, signaling confidence amid volatility.
Cardano price has crashed by over 20% from its highest point this year, and one legendary trader believes that it has more downside to go. Cardano (ADA), a popular layer-1 coin, retreated to $0.
The price of BNB (BNB) is trading above the 21-day SMA support but below the resistance at $760 after peaking at $794.
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.
Binance Coin (BNB) has been displaying impressive price movements, particularly after hitting a new all-time high (ATH) of $794 on December 4, 2024. Following this surge, the price consolidated near critical support levels, offering traders unique opportunities to benefit from short-term price swings.
The recent Federal Reserve FOMC meeting has shifted the direction of cryptocurrency markets, with many altcoins experiencing significant drops following Jerome Powell's speech. Over the last 24 hours, many coins have taken a major hit.
Cryptocurrencies endured a bloodbath following the Fed's hawkish tone on Wednesday. Despite the expected 25 bp interest rate reduction, Jerome Powell plunged markets with negative remarks. Besides signaling a more cautious stance when navigating further policy rate adjustments, Powell dented the hopes of the highly-awaited Bitcoin Reserve.
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.
Cardano (ADA) price is down 15% over the past seven days, following a surge that pushed it to its highest levels since 2022. Momentum indicators like ADX show growing bearish strength, signaling intensifying selling pressure in the current downtrend.
Cardano's ADA is currently down by more than five percent and is trading below the crucial $1 mark. Down by more than 14 percent in the last seven days, ADA chart shows a minor correction but nothing major has changed.
Internet Computer also fell 3.7%, joining Avalanche as a top underperformer.
Cardano (ADA) has experienced significant development in the last 24 hours. The proof-of-stake blockchain has seen its native currency, ADA, witness a drastic price decline.
Cardano recently initiated a strong upward rally, reclaiming its yearly high of $0.8 and advancing to the critical $1.3 resistance zone. However, the market is expected to enter a consolidation phase, with price fluctuations between the $0.8 and $1.3 range.
The rates of most of the coins are falling today, according to CoinMarketCap.
Cardano price has deviated significantly from its correlation with Bitcoin price and is fast approaching a key support. Here's what it means.
The Binance coin is already in the price discovery phase of the 2024/2025 crypto bull market amid the early stages of the much-anticipated altseason.
Cardano (ADA) is consolidating below $1.00 after a recent decline, with key technical levels at $1.020 and $0.9450 determining its next directional move while showing early signs of selling pressure exhaustion.
Solana's (SOL) remarkable growth in the last few months has led to comparisons to Cardano (ADA), once a dominant player in the blockchain space. As Solana continues to outpace Cardano in terms of transaction speed, low fees, and overall ecosystem development, many are questioning whether Cardano can regain its relevance in 2024.