The Cardano (ADA) price is set for major volatility as the outcome of US election day looms and the discussion surrounding the Cardano Foundation's budget proposal heats up. The post Cardano Price Set for Major Volatility as Foundation Plans 500M ADA Sell – What's Going On? appeared first on Cryptonews.
Bitcoin's resilience may keep crypto unaffected by the 2024 US election. Economic trends, and not political shifts, drive crypto growth and long-term value.
Cardano (ADA) price is facing sustained downward pressure, with multiple technical indicators pointing to a strong bearish trend. The ADX suggests that this trend has intensified recently, confirming that sellers hold control of the market.
The cryptocurrency landscape is pivotal as Ripple's case with the SEC ends. This development places XRP Rivals in the spotlight, especially as the U.S. presidential election approaches.
In October, Cardano (ADA) reached an important milestone, with a huge increase in transaction volume. Recent reports indicate that the network experienced record-high transactions, showing a growing interest in the Cardano ecosystem.
Cardano is gearing up for the second phase of Chang, a pivotal upgrade designed to implement the final features of Cardano's minimum viable on-chain governance.
What's behind the rising tension within the Cardano community?
At around 80%, the current dominance levels of Bitcoin (BTC) Ethereum (ETH) Tether (USDT) and USD Coin (USDC) on the cryptocurrency market suggest that the landscape may be changing. The market may see a reversal following one final push to this resistance level before the year ends, as the dominance of these core assets has historically peaked at about 82%.
The upcoming token unlocks, including major releases, could influence crypto prices and investor sentiment.
The Cardano (ADA) community rallied to support Charles Hoskinson, the blockchain's founder, following sharp criticisms on X (formerly Twitter). The debate began on Saturday when a user by the handle “Dclay” posted asking for Hoskinson's involvement in the project.
The Cardano (ADA) community has rallied to defend the network's founder, Charles Hoskinson, following an online dispute ignited by harsh criticisms.
Trolling drives Cardano's Hoskinson to reconsider his social media use as he seeks a healthier way to engage with the ecosystem.
Can a memecoin endorsement really shake the foundations of Cardano?
As the crypto market potentially prepares for a new bull run, investors are closely examining projects that offer exceptional performance as well as solid and innovative use cases. In this volatile universe, cryptocurrencies like Solana (SOL), Cardano (ADA), and XRP could stand out, as they combine speed, scalability, and adoption in the financial sector.
Cardano (ADA) price, a proof-of-stake blockchain platform, has seen notable price swings over the past day following a market correction. The altcoin trades have heightened volatility, with cryptos reflecting the recent ups and downs.
Bitcoin price trades below $70,000 as traders derisk ahead of the election. Will altcoins follow this trend or take advantage of BTC's consolidation?
TL;DR Charles Hoskinson, founder of Cardano, revealed details about his personal investment in the development of the blockchain, emphasizing his commitment to the project. Charles addressed the demands for transparency within the Cardano ecosystem and discussed the financial sacrifices he has made for the community.
The cryptocurrency market is reacting to the upcoming US Presidential election after more than $288M was liquidated within 24 hours per Coinglass. Out of these liquidations, $142M were long, while $86M were short.
The cryptocurrency market is experiencing a wave of uncertainty, and Cardano (ADA) is feeling the impact. Currently priced at approximately $0.33, ADA has seen a decline of 4.8%, which mirrors the downward trend observed in other cryptocurrencies, including Bitcoin, which has recently dipped below $68,000.
Cardano Founder Charles Hoskinson has addressed calls for transparency within the blockchain's ecosystem. In a short video excerpt shared by Plutus Staking on X, Hoskinson clarified for users the sacrifices he has made for the community.
October saw a bullish surge in the crypto market, but the final week left investors disappointed as altcoins faced significant drawdowns. With November now underway, investors are eager to know if this trend will continue.
In a surprise ‘ask me anything' (AMA) stream on YouTube on November 2, the Cardano (ADA) and Ethereum (ETH) co-founder Charles Hoskinson discussed the potentially ‘revolutionary' prospect of integrating ADA with Bitcoin (BTC).
Return to our section on prices and news in the crypto world, the assets featured today are: Ripple (XRP), Cardano (ADA), and Toncoin (TON).
Cardano (ADA) is currently navigating a challenging market landscape, having faced significant pressure from bearish sentiment in the past week. As investors assess the situation, there are emerging indicators suggesting that a breakout could be on the horizon, potentially leading to substantial gains for ADA.
Cardano (ADA) has once more dropped below the crucial $0.3389 support level, sparking fears of an extended bearish phase. This level has previously held strong as a line of defense for ADA, but its recent breach suggests that sellers may be gaining the upper hand.
The price of Cardano (ADA) fell below the moving average lines on October 25. The cryptocurrency fell to a low of $0.31 and continued its sideways trend.
Cardano price action has been lackluster over the past few weeks. It has moved within a range, facing resistance at $0.40 and finding support at $0.31.
A multi-month bullish pattern on ADA raises hopes for a 90% rally: analysis and prospects.
In the next seven days, the altcoin market will register major token unlocks, which every crypto trader should know and understand to avoid unnecessary traps. According to the aggregate data platform Tokenomist, total token emissions this week could exceed $340 million, and early investors will get hold of their funds.
The Cardano price plunged 4.8% during the Sunday trading session to $0.33. The bearish downturn likely followed the Bitcoin price drop below $68,000 as the crypto market witnessed a surge in selling pressure ahead of the U.S. presidential election.
Cardano has introduced Node 10.11, marking a major leap in the network's journey toward decentralized governance.
The new day brought a new controversy around Cardano (ADA), and this time because of Charles Hoskinson, creator, founder of the blockchain and the leading representative of its decentralized ecosystem. The controversy allegedly erupted after Hoskinson commented on a meme coin that mimicked his Waldo costume for Halloween.
Cardano's price has been in a range in the past month although other notable crypto assets have witnessed bullish rallies. It has ranged between $0.3346 and $0.369 since the start of October. ADA's chart has been on a descending triangle since its yearly high of $0.7741 in March.
Cardano was about to break above a multi-month bullish pattern. But will this latest correction cause trouble?
Bitcoin nears a new all-time high (ATH), the cryptocurrency market is witnessing significant shifts. While many altcoins often benefit from Bitcoin's bullish momentum, Cardano (ADA) seems to be charting a different course.
Cardano could easily reach a new all-time high of $6 if its price movements continue to resemble that of 2020's bullish rally.
The crypto market is gradually gaining momentum for a Q4 rally as Bitcoin entered the $70,000 region. Amid the renewed bullish sentiment, the Cardano price shows the potential for a massive surge as it mirrors the formation of a 2020 rally.
If Cardano (ADA) follows in the footsteps of a pattern it created 4 years ago, the 11th-largest cryptocurrency might witness a notable leg up.
Cardano has released the first mainnet node capable of passing the Chang 2 inter-era hard fork. This new update, dubbed Cardano Node 10.11, contains several improvements to the governance system, including support for Stake Pool Operators' (SPO) delegation to predefined voting options and auto-abstain DRep votes.
Cardano (ADA) finds itself at a challenging crossroads as it faces continued price struggles amid high expectations and optimism following the recently concluded Cardano Summit 2024 in Dubai.
As things stand, a breakout past $0.4 might be unlikely, with a bull trap around the corner.
Reclaiming the spot of 10th biggest cryptocurrency in the world, Cardano hits a market cap of $12.56 billion. The achievement comes with a 5.24% jump in the past 24 hours, as Cardano is currently trading at a price of $0.3591. Despite a slowdown in the top cryptocurrencies, as Bitcoin drops 0.12% and Ethereum by 0.
ADA is among the few altcoins with substantial gains over the past day.
Cardano (ADA) has emerged as a focal point for many investors. Currently valued at approximately $0.3572, there is growing speculation about whether Cardano can reach the significant milestone of $1 by the end of 2024.
In wake of continued lackluster price action, Cardano ($ADA) holders are shifting to a new ICO called Flockerz ($FLOCK), which some experts predict has at least 790% profit potential. The post Cardano Holders Pivot to New ICO With 790% Profit Potential – What's Driving the Move? appeared first on Cryptonews.
Markets have started to sell-off, and Bitcoin needs to hold $70,000 for the BTC and altcoin rally to continue.
Cardano price has struggled to stay above the $0.360, but recording the biggest daily gain in over a month signifies bullish undercurrent.
The anticipated crypto bull run has investors closely watching top digital assets showing strong weekly performances. Recently, with the surging in value, these cryptocurrencies are positioned to double in price as market sentiment improves potentially.