Bitcoin's recent surge toward the $100,000 mark has raised widespread excitement, but also raised concerns regarding the sustainability of the rally. While this price level signifies an important milestone for the world's largest cryptocurrency, market observers are cautious about whether Bitcoin can maintain its current trajectory or if it will face a retracement.
Bitcoin is facing selling above $100,000, but the repeated retest of a resistance level increases the likelihood of a breakout.
Charles Hoskinson, the founder of Cardano and the network's firm IOHK, has unveiled an ambitious roadmap to achieve full decentralization of Cardano by the end of 2025.
In his latest livestream , Charles Hoskinson, founder of Cardano (ADA) and CEO of Input Output Global (IOG), laid out a vision for the blockchain network's governance, institutional structures, and strategic milestones leading into 2025.
Cardano price, a proof-of-stake cryptocurrency, has recently witnessed a significant price increase amid a broader market rally. The altcoin's upward momentum reflects heightened investor interest, paralleling gains in other cryptocurrencies.
In a recent tweet, the Cardano Foundation stated that it had reestablished control of its official X (previously Twitter) account following an unauthorized access incident.
The Cardano Foundation (CF) has regained control of its official X account after it was compromised in a hacking incident. The breach, which occurred on Dec. 8, saw the account misused to promote a fraudulent ADASOL token.
Cardano, one of the leading proof-of-stake (PoS) blockchains, has taken a significant step towards a more decentralized and participatory ecosystem with the release of Daedalus v7.0.0. This update of the full-node wallet, developed by Input Output Global (IOG), introduces new features designed to enhance Cardano's governance and optimize the use of the ADA token.
The price of Cardano (ADA) has continued to recover from the bottom of the chart after being trapped at the high of $1.20. The cryptocurrency is recovering and is on track to reach its peak price of $3.00.
Cardano (ADA), one of the leading altcoins, continues to trade above the $1 mark despite tempered sentiment on the broader market. At the same time, there are discussions about a potential supercycle for ADA.
Cardano faces bearish pressure despite whales buying 80M tokens, signaling potential overvaluation and a likely market correction.
Cardano price started a downside correction from the $1.1780 zone. ADA is consolidating and facing hurdles near the $1.180 and $1.200 levels.
Cardano (ADA) has experienced a notable rebound, fueled by a steady recovery in the broader altcoin market. After a dip earlier in the week, ADA has successfully defended its key $1 support level, making it a focal point for traders.
The price movement of Bitcoin close to $100,000 has drawn a lot of attention and represents a crucial technical and psychological turning point for the market. Although the milestone is remarkable, there are legitimate concerns regarding the rally's sustainability and the potential for a retracement.
In a somewhat atypical development in the cryptosphere, on Thursday a clutch of coins and tokens surged in price while the leading one sagged on the day.
Cardano price has climbed significantly over the last month, aligning with the general uptick in the crypto market. As Bitcoin maintains its position of over $100,000, investor enthusiasm appears to be heightened.
Amid the ongoing market volatility, the crypto space has experienced a strong bullish recovery over the past few hours. Following this, the ADA price regained momentum and recorded a double-digit price surge in its respective portfolio.
XRP's meteoric rise in the first week of November elevated its market capitalization from around $30 billion to an impressive $135 billion. This surge momentarily overtook Tether, securing XRP's position as the third-largest cryptocurrency by market cap after Bitcoin and Ethereum.
ADA is the best-performing top 10 cryptocurrency today (December 12).
However, there is the possibility that a new speculative bubble on the price of ADA has started to inflate.
Will the decisive defence of $1 support allow ADA to surge forward?
Dedium Network announces a strategic partnership with Lunar Labs Capital, showing venture capital's growing interest in Cardano-based projects. The collaboration combines Dedium's innovative infrastructure with Lunar Strategy's experience in accelerating crypto projects.
The price of the native token of the Cardano ecosystem, ADA, is up by more than 10.6% in the last 24-hour period, outperforming the wider cryptocurrency market over the same period, in which BTC and ETH rose 2.1% and 5.3% respectively. The cryptocurrency's price has been rising shortly after the network's Daedalus v7.0.0.
Cardano (ADA) has recently dropped below the crucial $1.20 support level, raises concerns about its near-term recovery potential. In the past 24 hours, ADA has declined by over 16%, marking a significant drop in its price.
The Cardano ecosystem has been rocked by a series of whistleblower allegations that paint a picture of internal discord, strategic manipulation, and eroding trust at the very heart of its foundational organizations.
Following an impressive price surge over the past month, Cardano whales have strategically accumulated significant amounts of ADA.
Cardano price has been on a three-day winning streak, but the momentum seems to be waning near the $1.20 inflection point. Will ADA overcome?
On Wednesday, December 11, Cardano's (ADA) price dropped to $1.01 but has increased by approximately 15% over the last 24 hours. This increase has reignited hopes among the altcoin holders, suggesting that it could hold the uptrend firm.
Cardano (ADA) is currently up by more than two percent and is trading close to the $1.20 levels. The important support area to watch is between 83 cents and $1.06. There are two potential pathways for ADA from here.
Bitcoin, the world's oldest and largest cryptocurrency, rose back above the $101,000 level on Wednesday, clawing back most of its losses after a bruising sell-off earlier this week.
Bitcoin's rally above $100,000 has improved sentiment, triggering a strong recovery in several altcoins.
The Cardano Foundation (CF) is in the spotlight after an anonymous Whistleblower made revelations that drew comments from Charles Hoskinson and the broader community. Big Pey, a top Cardano community content creator, published the email from the Whistleblower.
In a series of statements on X, Charles Hoskinson, the founder of Cardano and CEO of Input Output Global (IOG), outlined his plans to integrate Bitcoin into a decentralized finance (DeFi) ecosystem by 2025. The plan involves leveraging Bitcoin's liquidity and making the project a layer-2 like network.
Cardano (ADA), one of the leading blockchain platforms, has recently encountered a dip in its price, dropping to approximately $1. Despite this pullback, analysts maintain an optimistic outlook.
Cryptocurrencies traded in the green on Wednesday as the bulls staged recoveries after early this week's flash crash. The improving sentiments have triggered notable price surges in ADA, rescuing the altcoin from yesterday's plunge. Cardano's native token jumped from a daily low of $0.9182 to the $1.1049 peak. That translated to an impressive 20.
The number of daily active addresses on Cardano has dropped to the lowest level in seven days.
ADA, the native token of the Cardano blockchain, is poised for upside momentum as it has formed a bullish price action pattern on the daily time frame. Today, December 11, 2024, ADA has soared more than 8% after yesterday's price decline of over 23%.
Cardano (ADA) has made a significant comeback, surging 8% to reclaim the $1 mark. The recent gain comes amid a broader crypto market rebound following a shakeout earlier this week.
Cardano (ADA), a leading altcoin in the crypto market, is experiencing significant attention from both retail and institutional investors, as well as whales. On December 10, 2024, ADA was trading around $1.01, following a dramatic 25% retracement over the past three days.
Popular cryptocurrency analyst and chartist Ali Martinez is showing continued confidence in Cardano (ADA), even after the recent market downturn that has affected the altcoin. Despite a significant drop in ADA's price, Martinez plans to buy more of the digital asset, setting his sights on a future profit range between $4 and $6.
The crypto market remains green today, according to CoinStats.
Bitcoin (BTC) reported another plunge below $95,000 late on Tuesday, falling to a low of $94,435 before recovering and climbing back above $97,000. The cryptocurrency is up marginally over the past 24 hours, trading around the $97,500 mark.
Hoskinson discussed the potential role of Cardano and other leading blockchain projects like Multiverse, Algorand, and Hedera in shaping the crypto policy landscape under the new U.S. administration.
Rexas Finance (RXS) has mounted a bold charge, attracting industry attention. Experts are tracking a potential 32x price rally by early 2025. Along with its presale, Rexas hopes to bridge the gap between traditional assets and blockchain technology.
Peter Brandt, an almost legendary figure in trading, recently shared his thoughts on the role of different types of cryptocurrencies. He drew attention to utility tokens like XRP, XLM and Cardano (ADA), highlighting their focus on functionality rather than speculation.
Meme coins—it is not just a buzzword, but a new revolution in crypto. They have captured the attention of the wider crypto market, thanks to its combination of humor, community engagement and speculative nature.
The cryptocurrency market is facing a downturn as Bitcoin recently dipped below $100,000, dropping from a high of $101,000 to $96,880.