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news-imageOctober 24, 2024

Cardano (ADA) Open Interest Drops to 16-Month Lows, Sparking Fears of a 21% Price Fall

Cardano's recent price decline has led to a sharp exit of derivatives traders, with many closing their positions and leaving the market. This is evident in the altcoin's open interest, which has dropped to its lowest level since June 2023.
Publisher: BeInCrypto
Sentiment: Negative
ADA

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Positive
cover-imageCrypto Economy
October 24, 2024

Cardano's SNEK Expands Reach and Liquidity with Rosen Bridge Integration

TL;DR SNEK integrates with Rosen Bridge: This partnership enhances SNEK's reach, liquidity, and interoperability within the Cardano ecosystem, paving the way for broader adoption and innovative use cases. Boosting adoption and liquidity: The collaboration is seen as a crucial step in expanding SNEK's adoption, making it a more attractive option for investors and users.

Positive
cover-imageBeInCrypto
October 24, 2024

Why These Altcoins Are Trending Today — October 24

Today's list of trending crypto coins differs from those we've seen in recent days. According to CoinGecko, the altcoins trending today include two from the top 20, marking a shift away from the numerous meme coins that have frequently dominated the list.

Negative
cover-imageCoinPedia
October 23, 2024

Will Cardano (ADA) Price Hold Its Support Or Record A Major Crash?

Despite increased price action in the crypto market, the Cardano price has displayed a neutral price action for a brief period. Furthermore, the 11th largest crypto token is hovering close to its crucial support, indicating uncertainty in future price movements. Is the ADA crypto holding its value above the $0.

Positive
cover-imageBitcoinist
October 23, 2024

Cardano Holders Can Now Earn Passive Income: Here's How

Yoroi Wallet, a leading light wallet for Cardano, has partnered with Bring, a white-label crypto cashback platform. This collaboration aims to bridge the gap between the Cardano community and global retail, allowing users to earn ADA as cashback rewards when shopping with over 775 international retailers.

Neutral
cover-imageTokenpost
October 21, 2024

FxWirePro- Token Unlock tomorrow (ADA)

Token unlock today (Cardano) Cardano (ADA) Unlock date - Oct 22nd, 2024 Number of tokens unlocked- 18.53 million ADA (0.05% of its circulating supply) Current Circulating Supply - 35.72 billion ADA Previous token unlock - Oct 2nd, 2024 Cardano is a public blockchain platform. It is open-source and decentralized, with consensus achieved using proof of stake.

Positive
cover-imageBeInCrypto
October 21, 2024

Cardano (ADA) Price Could Surge 19% If This Happens

Cardano (ADA) price is currently at a crucial turning point, with mixed signals suggesting both potential gains and risks. The trend appears to be gaining strength, highlighted by the recent uptick in the Average Directional Index (ADX), which measures trend momentum.

Negative
cover-imageUToday
October 20, 2024

What's Wrong With Cardano? ADA Community Debates

Rick McCracken, a notable contributor to the Cardano ecosystem and operator of a staking pool with over 200 million locked ADA tokens, recently highlighted concerns regarding the Cardano community's approach to marketing and visibility.

Negative
cover-imageThe Currency Analytics
October 20, 2024

Cardano Faces Extended Bear Market: Will ADA Fall to New Lows

Cardano (ADA) continues to face challenges in the crypto market, with ongoing bearish trends pointing to potential price drops. Despite brief periods of stability, ADA has been unable to gain significant upward momentum, and recent technical patterns suggest that it could be heading for further losses.

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