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news-imageOctober 7, 2024

Cardano Moves In A Range And Struggles With The $0.40 Barrier

The price of Cardano (ADA) has continued to move sideways, trying to break above the moving average lines.
Publisher: Coin Idol
Sentiment: Neutral
ADA

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Negative
cover-imageNewsBTC
October 7, 2024

Analyst Foresees 90% Cardano Price Drop in Next 6 Months

Max Kaiser, a famous Bitcoin backer, recently caused a stir by saying that Cardano (ADA) could lose 90% of its value against Bitcoin in the next six months. His prediction has gotten a range of responses, from doubt to fun, especially from people who support the ADA like the Cardano Whale.

Positive
cover-imageUToday
October 7, 2024

Cardano Rockets 300% in Fund Flows, XRP in Green Too

A new weekly report has come out from CoinShares on the movement of funds in the crypto-focused exchange traded products (ETPs) market. One of the main highlights of the latest research was the performance of Cardano ETPs, as investors using these financial vehicles for crypto investments poured 300% more money into them over the past seven days than the week before.

Positive
cover-imageThe Daily Hodl
October 7, 2024

Cardano's Charles Hoskinson Says Solana Rival Offering ‘Real Innovations' and Deserving Great Success in Crypto

Cardano (ADA) co-creator Charles Hoskinson is giving a shoutout to one of Solana's (SOL) biggest competitors. Posting to his 979,000 followers on the social media platform X, Hoskinson says that layer-1 platform Sui (SUI) is earning its spot in the crypto ecosystem. “Reading about Sui. It's good to see George's work come to life.

Negative
cover-imageThe Currency Analytics
October 6, 2024

Cardano's Price Correction: What Analysts Are Predicting for ADA

Cardano (ADA) has recently captured the attention of investors and analysts alike, primarily due to its significant price correction amid a wider market downturn. Market commentator Alan Santana has asserted that the correction for Cardano may not be finished, indicating that further declines could be on the horizon.

Negative
cover-imageUToday
October 6, 2024

90% Cardano (ADA) Price Drop Predicted by Max Kaiser: Details

Well-known supporter of Bitcoin Max Kaiser recently forecast that over the course of the next six months Cardano could lose an additional 90% percent of its value relative to Bitcoin. Some ADA supporters like Cardano Whale have responded humorously speculating that this could result in lucrative purchasing opportunities for ADA.

Positive
cover-imageNewsBTC
October 5, 2024

Hoskinson Claims Cardano Is ‘Still #1' Crypto, Citing Decentralization And Upcoming Plans

The recent Chang hard fork upgrade in September has positioned the Cardano (ADA) blockchain as the top player in the crypto ecosystem, according to its founder, Charles Hoskinson. Hoskinson, who is also known for his role in co-founding Ethereum (ETH), has consistently praised Cardano's progress over the past month following the recent upgrade, asserting its superiority over the largest cryptocurrencies on the market such as Bitcoin (BTC) in terms of decentralization.

Positive
cover-imageCrypto Economy
October 4, 2024

Cardano's Move to HyperLedger Identus—Hoskinson Explains What's Next for Decentralized Identity

TL;DR Transition to HyperLedger Identus: Cardano has shifted from Prism to HyperLedger Identus, an Apache2 open-source framework designed for integrating decentralized identity solutions. Applications and Benefits: Cardano products like Midnight and Lace will leverage HyperLedger Identus for their identity needs, enhancing user privacy and data protection.

Negative
cover-imageUToday
October 3, 2024

Cardano Creator Speaks Out on 'XRP Case' Appeal: New Crypto Test Incoming?

As is now known, the SEC has officially appealed its case against Ripple following a historical ruling on Aug. 7, in which Ripple was ordered to pay a $125 million civil penalty, which was a lot less than the $2 billion the regulator was asking for. The motive is that the district court's decision goes against long-standing Supreme Court precedents and established securities laws.

Neutral
cover-imageThe Currency Analytics
October 2, 2024

18 Million ADA Unlock: Implications for Cardano's Crypto Standing

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.

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