Bitcoin's failure to hold $60,000 shows hesitation to buy at higher levels before the FOMC decision on Sept. 18.
Cardano (ADA) founder Charles Hoskinson has said that the Cardano blockchain has the potential to surpass Solana in terms of speed if a key network upgrade is implemented.
Cardano's ADA has been a divisive project over the years. The team behind Cardano, led by Charles Hoskinson, has been inspired by the world of science publishing and has adopted a peer-reviewed approach for their token.
Sellers are more powerful than buyers at the beginning of the week, according to CoinStats.
In August, Cardano managed to outperform Bitcoin, a notable achievement considering Bitcoin's historical dominance in the crypto market. ADA's performance has positioned it among the top five cryptocurrencies that have exceeded Bitcoin's gains over the month.
Cardano (ADA) price has struggled to recover its losses from the end of July, with the altcoin failing to breach the $0.39 resistance level.
In a recent poll of the Cardano community, participants were asked to consider how a 20 million ADA monthly budget should be allocated, with two proposals put forward: one to build a Rust node requirement for 11 million ADA, and another to implement the Leios protocol for 12 million ADA.
An analyst criticizes Cardano (ADA), calling it a "cult coin" and comparing its performance unfavorably to Binance's BNB.
Charles Hoskinson has broken his silence on whether Cardano is superior to Solana blockchain.
The Cardano community is divided over whether ADA's current market dominance of 0.6% represents a bottoming out or a potential decline.
Bitcoin (BTC) saw considerable fluctuations over the weekend. It briefly pushed above $60,000 as market sentiment showed signs of shifting, resulting in a temporary jump of 6%.
Cardano (ADA) is currently in the spotlight as investors and traders eye a potential breakout despite a massive selloff by whale investors. ADA has been locked in a descending channel for the last five months, but recent market developments suggest a possible 40% rally on the horizon.
Cardano continued its downtrend on Monday as traders waited for the upcoming Federal Reserve decision and as the crypto fear and greed index remained in the fear zone. ADA token fell for three consecutive days to $0.333, down from this month's high of $0.40 and by 60% from its highest level this year.
Cardano shows bullish potential, strong support, increasing volume, and growing investor confidence.
Polkadot's relaunched Ambassador program lets the community elect its representatives. In this interview, we speak with William, one of the newly elected Head Ambassadors focused on driving enterprise adoption, who shares his insights and vision for the ecosystem's growth.
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A new debate erupted in the Cardano (ADA) community when prominent contributor and ADA staking pool holder Rick McCraken asked his subscribers for their opinion on the Cardano ADA token domination chart. In particular, the chart shows that for the last two months since July, the indicator showing what share of the cryptocurrency market ADA occupies has found support at the level of 0.6%.
After weeks of uncertainty and inability to maintain its support at $4.50, Polkadot ($DOT) looks to close the week well in the green. $DOT is up 9% in the seven-day charts, currently trading for $4.53.
Cardano rallied earlier this week, but now the price has hit a key resistance. Key Support levels: $0.31 Key Resistance levels: $0.37 1.
The overall bearish sentiment for Cardano (ADA) continues to rise as analysts now foresee a massive 33% price crash for the altcoin. This pessimistic projection comes as ADA struggles to gain traction in the market, with its value remaining stagnant or steadily dropping to lower levels.
Popular media personality Raoul Pal believes investors should avoid “old” coins like Ripple's XRP and Cardano (ADA). He made these comments during an interview posted on the X platform.
Cardano (ADA) is now the 10th largest cryptocurrency by market capitalization following a surge in its price. As the general crypto market rebounded, ADA's price quickly climbed by 11% in the last 24 hours.
Rexas Finance (RXS) emerges as a disruptive force poised to challenge established giants like Cardano (ADA) and Toncoin (TON) with its innovative approach to tokenization and DeFi utilities. The platform offers a compelling proposition for investors seeking substantial gains.
The novel release of Ogmios, a Cardano-node bridge interface responsible for the interaction with Ouroboros via JSON/RPC endpoints, addresses the issues with the so-called transactions era mismatch, CF open source tech director says.
Polkadot (DOT) stalled after encountering resistance at $4.50 and is down almost 1% during the current session as sellers look to drive it below the 20-day SMA.
While Cardano might be near a long-term market bottom, in the short-term, the token may be slightly overvalued.
Solana (SOL) and Cardano (ADA) have solidified their place in the cryptocurrency space due to their innovative technology, fast transactions, and sustainability focus. However, according to experts, the next major opportunity for investors seeking explosive returns could be a lesser-known token: Rexas Finance (RXS).
Cardano (ADA) has recently shown some positive momentum, climbing from $0.30 to $0.36. Despite this short-term surge, there are significant risks that could drive Cardano's price down to $0.20.
Cardano (ADA) price has been stuck in a descending channel for the past five months, aiming for a breakout. Despite some volatility, the cryptocurrency remains poised for a potential surge.
DOT's fortunes might be changing, and soon.
Crypto analyst Dan Gambardello has highlighted the Cardano (ADA) roadmap to a new all-time high (ATH). The analyst also suggested that Cardano was halfway to reaching a new high, noting what part of its cycle the coin was currently at.
The BTC price surged 3.2% during the U.S trading session on Friday, nearly retesting the $60000 psychological level. A potential breakout from this resistance could accelerate the ongoing recovery and drive a rally to $70000.
Cardano's price has recently stabilized above a crucial support level around $0.30, according to daily chart analyses. This support level is significant, as it has been tested multiple times, including a brief breach on August 5.
Cardano has surged over 10%, breaking a key resistance level, and is now testing higher prices. Despite the bullish momentum, on-chain data reveals that long-term holders are beginning to take profits.
Cardano (ADA) has recently demonstrated notable upward momentum, breaking past significant resistance levels and showcasing strong technical indicators. As of September 12, 2024, ADA is trading at approximately $0.36, reflecting a 7.27% increase and raising questions about the potential for further gains.
Cryptonews Podcast host Matt Zahab sat down for an exclusive interview with Bill Laboon, the Director of Education and Governance Initiatives at the Web3 Foundation, a not-for-profit entity supporting the Polkadot ecosystem.
Kim Schmitz, better known as Kim Dotcom, the controversial tech entrepreneur and founder of Megaupload, recently stirred the cryptocurrency world by proposing a “killer app” to Charles Hoskinson, the visionary behind Cardano (ADA).
Crypto analyst Dan Gambardello, founder of Crypto Capital Venture, believes Cardano (ADA) is on the brink of a significant rally.
Despite the favorable end in the SEC vs. Ripple lawsuit, investors are waiting for the US SEC's next step.
The story between Charles Hoskinson and Ethereum (ETH) recently resurfaced in the crypto space, as one of the enthusiasts decided to break down what exactly broke this union.
This week, we take a closer look at Ethereum, Ripple, Cardano, Binance Coin, and Solana. Ethereum (ETH) Since last week, Ethereum's price has remained close to the key resistance at $2,400.
Bitcoin (BTC) saw a brief foray above $58,000 on Thursday following the release of US inflation data and Federal Reserve rate cut bets. US consumer prices bumped up slightly in August, but core inflation remained persistent, with the Core Consumer Price Index increasing by 0.28%, compared to an anticipated 0.2% increase.
Cardano price showed strong performance in the last two weeks surging from lows of $0.3 to $0.36. The long bottom wick on last week's candle shows bulls were in charge of the market and pushed on their buying campaign into this week.
Cardano's surge in whale activity could signal pivotal market shifts, depending on how institutional players leverage their positions.
Polkadot (DOT) has been on a troubling downward trajectory, hitting a 12-month low and struggling to gain traction despite recent signs of potential recovery. As of September 12, 2024, DOT was trading at $4.14, reflecting a significant drop of around 27% from its highs in August.
The Cardano (ADA) blockchain has seen a notable rise in transactions since the early September Chang hard fork. The network growth has contributed to a gain in ADA price as the coin has emerged among the top performers in the last 24 hours.
Cardano (ADA), a well-known name in the world of cryptocurrencies, is currently facing a significant challenge. The ADA token, which holds a market cap of $12.19 billion, is struggling to push past the $0.346 resistance level.
Charles Hoskinson, the founder of Cardano, has recently expressed frustration over the growing amount of misinformation surrounding ADA, his blockchain's native cryptocurrency. According to Hoskinson, the extent of the false narratives has reached “epic” levels, with some claims being so far from the truth that they risk damaging the project's reputation.