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 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.

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'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.

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.

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.

Speculating on coin prices is great fun, with everyone from Michael Saylor to the cab driver playing the game of predicting where crypto prices can go, usually the sky's the limit but there are real-world constraints. Deflationary tokens like Cardano have different rules governing them than unlimited supply tokens such as Ethereum.

Cardano price started a downside correction below the $1.050 zone. ADA is consolidating and facing hurdles near the $1.020 and $1.040 levels.

Cardano (ADA) has been through a rollercoaster of volatility, with the price experiencing significant ups and downs over recent weeks. After hitting a local top of $1.32, ADA retraced over 30%, dropping to $0.91 before returning to a critical support level.

The conflict between Cardano founder and IOG boss Charles Hoskinson and the Cardano Foundation continues to escalate publicly. The conflict first came public last week when a whistleblower accused the Cardano Foundation of mismanagement led by self-interest.

Input Output (IO), the research and development company behind Cardano, has introduced a Strategic Research Agenda to guide Cardano's evolution toward 2030. The plan defines nine areas of focus to increase the plan's scalability, governance, interoperability, and security.

Cardano (ADA) reached a high of $1.32 before being rejected. The cryptocurrency was projected to reach its peak price of $3.00.

Cardano (ADA) and Avalanche (AVAX), two popular altcoins, are experiencing notable corrections this week, with prices continuing to trend downward on Wednesday. Cardano has corrected by nearly 7%, while Avalanche is down over 8% since the beginning of the week.

Whales on the Cardano ecosystem took advantage of the recent cryptocurrency market dip to keep accumulating, after realizing some of their gains when the price surpassed the $1.15 mark earlier this month. According to data shared by popular cryptocurrency analyst Ali Martinez, when Cardano traded between $1.15 and $1.

Charles Hoskinson, the founder of Cardano, has urged the Cardano Foundation to move its operations to a jurisdiction that allows users to vote for board members. He recommended a move to either Abu Dhabi or Wyoming.

The Cardano price has recently rejected around the $1.1 price level. Notably, the past three months have been highlighted by a remarkable Cardano surge that saw it break above $1 for the first time since early 2022 and peak at $1.3 on December 3, 2024.

XRP is soaring while Cardano (ADA) struggles to regain momentum, stuck at the $1 mark. Will Cardano ever reclaim its former highs, or is it destined to lag behind?

Bitcoin's pullback after hitting a new all-time high above $108,000 has started a correction in select altcoins, signaling profit booking by the bulls.

Cardano, known for its scientific approach and peer-reviewed research, is setting a bold course for the future.

Cardano (ADA) has caught the attention of major investors, commonly known as whales, as they buy up significant amounts of the cryptocurrency. This increased activity has raised hopes of a potential price surge, but challenges in the market mean ADA's rally remains far from certain.

Charles Hoskinson has urged the Cardano Foundation to consider moving its operations from Switzerland to more crypto-friendly jurisdictions like Abu Dhabi or Wyoming.

Solana's rise challenges Cardano's market position, but can Cardano reclaim its relevance in 2024?

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.

Cardano's (ADA) price has been declining recently, and concerns are growing that it could drop below the $1 support level. Notably, a key factor causing the drop is the selling activity by whales, who have been cashing out their coins to profit from their recent gains.

Charles Hoskinson believes Cardano is on the cusp of revolutionizing blockchain technology, with a vision to lead the way in decentralized governance.

Cardano founder Charles Hoskinson has recently sparked market discussions with his recent comment on the Cardano Foundation (CF) jurisdiction. In a recent X post, he said that the Foundation should consider shifting its legal base from Switzerland if it doesn't allow it to elect its board members “democratically.

ADA's price peaked at $1.31 before entering a descending channel, signaling a correction is currently developing. A breakout above $1.31 could initiate Wave 5 targeting values over $1.60

Cardano price has surged 40% over the past month, riding a broader market rally. This upward trend reflects heightened investor interest despite recent minor market corrections.

Cardano's (ADA) price has been experiencing a downtrend recently, raising concerns about a potential drop below the $1 support level.

Charles Hoskinson, the founder of Cardano, has called for the Cardano Foundation to relocate to a jurisdiction that allows its users to elect board members. He raised this issue in a Dec. 18 post on social media platform X while encouraging the Cardano community to question the Foundation about its board structure and decision-making processes.

Cardano (ADA), a leading blockchain platform, has recently experienced a slight dip in price, with the token falling by 2.04% to $1.06. Despite this decline, the network is still witnessing significant whale activity, indicating potential for future growth, even as bearish sentiment takes hold.

Cardano (ADA) is attracting increasing attention from major investors, as recent data shows a significant rise in whale transactions. These large-scale purchases suggest that Cardano's ecosystem is becoming more appealing to big players in the cryptocurrency market.

Cardano's ADA is showing signs of another potential rally, though challenges persist.

Cardano (ADA), the native cryptocurrency of the Cardano blockchain, is currently navigating through a period of price consolidation. Despite this, recent data reveals a surge in whale activity on the network, fueling optimism among investors and analysts alike.

For Charles Hoskinson, Cardano is primed to transform the blockchain and lead the decentralized revolution. In a recent Twitter/X post, Hoskinson shared his campaign to make Cardano accessible to its users and token holders.

As ‘Santa rally” sentiment heightens, Cardano stands to be one of its biggest beneficiaries with the formation of a rare bullish chart pattern. The post Rare Chart Pattern on Cardano – Could This Signal a Massive ‘Santa Claus Rally'? appeared first on Cryptonews.

Thousands of large transactions have been spotted on the Cardano (ADA) blockchain in the last 24 hours. The metric signals increased activities performed by Cardano whales.

Cardano (ADA) price has surged 52% in the last 30 days, marking an impressive recovery. On December 3, ADA reached its highest price since March 2022.

TL;DR Charles Hoskinson is working to achieve a “decentralized revolution” with the implementation of the Chang Hard Fork and key governance improvements. Community participation: the introduction of Delegate Representatives (DReps) facilitates decision-making without sacrificing efficiency. Long-term optimism: ADA rises 3.7% to reach $1.