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news-imageJune 17, 2024

Cardano: Is ADA setting up for further decline below $0.406?

In the last 7 days, ADA has plummeted by 7.43%. The market sentiment indicates more sell-off with short positions paying longs.
Publisher: AMBCrypto
Sentiment: Negative
ADA

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Positive
cover-imageThe Currency Analytics
July 18, 2024

Cardano's DEX Volumes Surge: What Does This Mean for ADA's Future

Cardano [ADA] has seen a notable increase in trading volumes on its decentralized exchanges (DEXs), reflecting a rising interest in the platform's decentralized finance (DeFi) applications. However, this surge in trading activity comes against the backdrop of a bearish trend for ADA's price.

Neutral
cover-imageBitcoinist
July 18, 2024

Cardano Founder Challenges Buterin's Views On Pro-Crypto Politicians

Vitalik Buterin, co-founder of Ethereum, and Charles Hoskinson, founder of Cardano, made their opinions about “pro-crypto” politicians known on Wednesday. First, Buterin released his essay titled “Against choosing your political allegiances based on who is ‘pro-crypto'”, where he expressed concerns over the increasing politicization of crypto.

Neutral
cover-imageCryptoGlobe
July 18, 2024

Cardano Founder Charles Hoskinson Counters Ethereum Founder Vitalik Buterin's Stance on Crypto Politics

In a blog post published on July 17, Ethereum co-founder Vitalik Buterin expressed his concerns about the increasing trend within the crypto community to support political candidates based solely on their stance towards cryptocurrencies. Buterin warned that such a narrow focus could betray the broader values that initially motivated the creation of cryptocurrencies.

Positive
cover-imageThe Currency Analytics
July 18, 2024

Cardano DEX Volumes Surge: A Bullish Sign for ADA

Cardano (ADA) has been making waves in the cryptocurrency market, with its decentralized exchange (DEX) volumes surging significantly over the past few days. This uptick in trading volume is a promising sign for the Cardano ecosystem, suggesting an increasing adoption of decentralized finance (DeFi) applications on its blockchain.

Positive
cover-imageThe Currency Analytics
July 18, 2024

Cardano's ADA Set for a Major Rally as Bearish Sentiment Peaks

The cryptocurrency market is abuzz with speculation as Cardano (ADA) shows signs of an impending rally, reminiscent of Ripple's XRP's recent surge. On-chain data from Santiment reveals that Cardano is currently experiencing its highest bearish sentiment in over a year, presenting a potential opportunity for contrarian traders.

Positive
cover-imageUToday
July 17, 2024

Cardano Creator Offers Elon Musk to Protect X With Blockchain

Ben Goertzel, a prominent AI developer and founder of the Cardano-based SingularityNet project, recently experienced a hacking incident on X, the social media platform formerly known as Twitter. In response, Cardano creator Charles Hoskinson urged Elon Musk to implement decentralized identifiers (DIDs) on X to improve security.

Positive
cover-imageThe Currency Analytics
July 16, 2024

Cardano's Next Move: Breaking Through the $0.47 Resistance

In a market characterized by volatility, Cardano has emerged as a standout performer, demonstrating a remarkable 34.48% surge since July 6th. This surge propelled ADA above the $0.4260 resistance level, signaling potential for further gains towards the next significant hurdle at $0.4671.

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