Cardano approaches a milestone moment, the crypto community is buzzing with anticipation over the unlocking of 18.53 million ADA tokens on October 2, 2024. This release, representing 0.5% of the total ADA supply, coincides with the network's seventh anniversary and its approach to an impressive 100 million transactions.
Bitcoin's price is currently retesting its "Bull Market Support Band" trend indicator, where prices often rebounded from pullbacks during uptrends.
Altcoin prices crumbled as Bitcoin fell to $60,000, but charts suggest buyers could step in soon.
Cardano (ADA) is under significant selling pressure, trading down by 6.46% at $0.3498, with investors hoping for a recovery above $0.37, bringing a large number of investors back into profitability.
Charles Hoskinson, co-founder of Ethereum and founder of Cardano, was recently awarded in the city of Zug, Switzerland, for his pioneering contribution to the creation of the Crypto Valley and for the transformative impact he has had on the city and the global economy.
The short-term market sentiment was bearish, but there is a chance for recovery.
Input Output, a blockchain research and development company, announced that co-founder and CEO Charles Hoskinson received an award at the ETH10X event in Zug, Switzerland.
Cardano founder and Input Output CEO, Charles Hoskinson, received an award in Switzerland for his role in Ethereum Foundation's creation of Crypto Valley.
Cardano's (ADA) price recently experienced a significant drop, failing for the second time in a month to close above the $0.40 level. The altcoin's price fell by 11% within 48 hours, bringing it down to around $0.35.
Santiment's on-chain data reveals that Cardano's $ADA could potentially drop 30%. According to data retrieved from the market intelligence platform, $ADA's poor performances in DDA divergence (-43.3%), network activity, and buying pressure indicated declining demand, thus an imminent sharp price drop.
Cardano is preparing to release 18.53 million ADA tokens in early October, marking 0.5% of its total supply.
Cardano has seen a strong 26% surge following the Federal Reserve's interest rate cuts announcement two weeks ago, boosting optimism across the crypto market. Analysts and investors are questioning the sustainability of the recent surge.
Analysts are constantly being divided on Cardano outlook, with some adopting a bearish stance while others remain optimistic about its potential for growth The developers have recently implemented an important milestone towards the realization of full decentralization and community-driven governance in the Voltaire Chang hard fork. In this regard, ADA holders are now able to
Cardano has entered the spotlight again with the Midnight Protocol testnet, a trend that may bode well for ADA price. Per the latest update, the Midnight protocol announced that its long-awaited testnet is now live for developers.
Despite enjoying a significant rally between September 15 and 27 that brought Cardano (ADA) up to $0.41, the crypto asset encountered a sharp recoil, extending losses into the new month.
Vitalik Buterin, the co-founder of Ethereum, has unveiled a comprehensive proposal to foster a more decentralized and cooperative network.
Cardano's Midnight project introduces the Glacier drop, an unprecedented token distribution model that sets a fairer standard.
BitGo, a leading digital asset custodian, will offer custodial services for USDA, a Cardano-based stablecoin, according to an Oct. 1 press release. The collaboration involves BitGo Trust, USDA's issuer Anzens, and EMURGO, the tech provider behind the Anzens platform.
Just last week, Cardano's (ADA) price was $0.42, as speculation spread that the token could rally toward $0.50. But today, this is no longer the case, as ADA's price is $0.38.
Is Binance finally set to embrace Cardano native tokens? Recent developments have sparked rumors of upcoming listings.
Cardano (ADA) could be heading for a major price drop as market indicators show strong bearish signals. With the broader crypto currency market in a state of correction, ADA appears to be on the verge of a 20% decline, which could see its value fall to $0.31.
Much like its counterparts, the cryptocurrency sphere has always had impressive gains. The Cardano (ADA) alternative, Rexas Finance, has made news headlines for its jaw-dropping performance over the past few weeks.
The correction continues on the market, according to CoinMarketCap.
After facing a brief resistance, Cardano price trades today at $0.376. With the crypto market expectation of a green October, ADA also looks ready for a quick uptrend.
These three large-cap crypto tokens are underperforming the market today in part due to one important catalyst.
Bitcoin and altcoins are witnessing end-of-month volatility, but traders remain upbeat about October due to the crypto market's history of strong performance in Q4.
Cardano's Midnight project is set to unify major blockchains through a focus on aligned incentives, including the “Glacier drop.”
The cryptocurrency market has shown renewed strength as Bitcoin recently crossed the critical $64K resistance level, spurring excitement among investors. With the broader market gaining momentum, many focus on potential Shiba competitor outperforming SHIB itself.
Cardano price is facing potential volatility ahead of Charles Hoskinson's upcoming roadmap reveal at the Buenos Aires Cardano Summit. The asset had a good run last week but shed value over the weekend, abandoning a potential breakout and dropping out of the top 10 ranks once more.
Though September started rough for stock and cryptocurrency investors, the latter parts of the month provided a strong prelude to October, or, as many within the community call the month, ‘Uptober.'
The bearish short-term Bitcoin momentum could negatively affect Cardano.
In an exciting development for the cryptocurrency community, the Cardano network is rapidly approaching a historic milestone of 100 million transactions.
Cardano (ADA) traded quietly on Saturday after an eventful week that saw the 10th largest cryptocurrency rise by just over 14%. However, despite this growth, ADA has struggled to breach the psychological barrier of $0.50 since its last failed attempt in July.
Cardano's price has risen by 12% over the past month. As the market cools down, ADA could experience a correction, potentially leading to a short-term dip in October.
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Vladimir Kalnitsky, a well-known developer who worked on the cardano-transaction-lib (CTL), announced recently that he was leaving the project, marking yet another major departure for the Cardano ecosystem. His exit exacerbates worries about the platform's capacity to attract and retain talent in the quickly changing blockchain industry.
Cardano could decline by 20% and reach the $0.31 level, as its daily chart has formed a bearish pattern.
ADA has experienced a strong uptrend over the past week hiking by 13.73%. However, fundamentals suggest an upcoming reversal.
Cardano (ADA) is making waves in the cryptocurrency market after posting significant gains, with a recent 13% increase over the past week. This performance has excitement among investors and analysts alike, with some now predicting that Cardano could outperform Bitcoin (BTC), the largest cryptocurrency by market cap.
The price of Cardano (ADA) has regained bullish momentum after breaking above the moving average lines on the daily chart.
The price activity of Cardano, the 10th largest cryptocurrency, might be key to watch in the short term as a popular indicator has indicated a signal on the ADA chart.
On Friday, the Cardano blockchain marked its seventh anniversary, solidifying its position as one of the most recognized protocols in the cryptocurrency market. Currently, Cardano's native token, ADA, ranks eleventh among cryptocurrencies, boasting a market capitalization of approximately $14 billion.
Cardano's volume has dropped significantly in the past few months as the bulls seem to have shifted their focus to other tokens. While the markets underwent a couple of bullish breakouts, the ADA price remained consolidated below $0.5. Furthermore, the ADA price dropped below $0.4 and is unable to reclaim the lost position.
Bitcoin's break above $65,000 and solid buying in-the-spot BTC ETFs have traders convinced that the bull market is back in full swing.
Cardano has just turned seven years old, and its developer, Input Output Global (IOG), took to X (formerly Twitter) to celebrate the milestone. In a celebratory tweet, IOG wrote: "Happy birthday, Cardano.
The Cardano price has risen by 2.5% in the past 24 hours, moving to $0.4055 as the crypto market as a whole gains by 2% today.
This week, we examine Ethereum, Ripple, Cardano, Shiba Inu, and Dogecoin in greater detail. Ethereum (ETH) Ethereum closed another good week with a 4% price increase.