Cardano (ADA) reached a high of $1.32 before being rejected. The cryptocurrency was projected to reach its peak price of $3.00.

Cardano (ADA) and Avalanche (AVAX), two popular altcoins, are experiencing notable corrections this week, with prices continuing to trend downward on Wednesday. Cardano has corrected by nearly 7%, while Avalanche is down over 8% since the beginning of the week.

Whales on the Cardano ecosystem took advantage of the recent cryptocurrency market dip to keep accumulating, after realizing some of their gains when the price surpassed the $1.15 mark earlier this month. According to data shared by popular cryptocurrency analyst Ali Martinez, when Cardano traded between $1.15 and $1.

Charles Hoskinson, the founder of Cardano, has urged the Cardano Foundation to move its operations to a jurisdiction that allows users to vote for board members. He recommended a move to either Abu Dhabi or Wyoming.

The Cardano price has recently rejected around the $1.1 price level. Notably, the past three months have been highlighted by a remarkable Cardano surge that saw it break above $1 for the first time since early 2022 and peak at $1.3 on December 3, 2024.

Bitcoin's pullback after hitting a new all-time high above $108,000 has started a correction in select altcoins, signaling profit booking by the bulls.

Cardano, known for its scientific approach and peer-reviewed research, is setting a bold course for the future.

Cardano (ADA) has caught the attention of major investors, commonly known as whales, as they buy up significant amounts of the cryptocurrency. This increased activity has raised hopes of a potential price surge, but challenges in the market mean ADA's rally remains far from certain.

Charles Hoskinson has urged the Cardano Foundation to consider moving its operations from Switzerland to more crypto-friendly jurisdictions like Abu Dhabi or Wyoming.

Solana's rise challenges Cardano's market position, but can Cardano reclaim its relevance in 2024?

The Cardano Foundation is facing a crucial phase for the consolidation of governance within its ecosystem. Recently, the organization reiterated its commitment to decentralized and transparent management, highlighting the importance of active community participation for the sustainable growth of the platform.

Cardano's (ADA) price has been declining recently, and concerns are growing that it could drop below the $1 support level. Notably, a key factor causing the drop is the selling activity by whales, who have been cashing out their coins to profit from their recent gains.

Cardano founder Charles Hoskinson has recently sparked market discussions with his recent comment on the Cardano Foundation (CF) jurisdiction. In a recent X post, he said that the Foundation should consider shifting its legal base from Switzerland if it doesn't allow it to elect its board members “democratically.

ADA's price peaked at $1.31 before entering a descending channel, signaling a correction is currently developing. A breakout above $1.31 could initiate Wave 5 targeting values over $1.60

Cardano price has surged 40% over the past month, riding a broader market rally. This upward trend reflects heightened investor interest despite recent minor market corrections.

Cardano's (ADA) price has been experiencing a downtrend recently, raising concerns about a potential drop below the $1 support level.

Charles Hoskinson, the founder of Cardano, has called for the Cardano Foundation to relocate to a jurisdiction that allows its users to elect board members. He raised this issue in a Dec. 18 post on social media platform X while encouraging the Cardano community to question the Foundation about its board structure and decision-making processes.

Cardano (ADA), a leading blockchain platform, has recently experienced a slight dip in price, with the token falling by 2.04% to $1.06. Despite this decline, the network is still witnessing significant whale activity, indicating potential for future growth, even as bearish sentiment takes hold.

Cardano (ADA) is attracting increasing attention from major investors, as recent data shows a significant rise in whale transactions. These large-scale purchases suggest that Cardano's ecosystem is becoming more appealing to big players in the cryptocurrency market.

Cardano's ADA is showing signs of another potential rally, though challenges persist.

Cardano (ADA), the native cryptocurrency of the Cardano blockchain, is currently navigating through a period of price consolidation. Despite this, recent data reveals a surge in whale activity on the network, fueling optimism among investors and analysts alike.

For Charles Hoskinson, Cardano is primed to transform the blockchain and lead the decentralized revolution. In a recent Twitter/X post, Hoskinson shared his campaign to make Cardano accessible to its users and token holders.

As ‘Santa rally” sentiment heightens, Cardano stands to be one of its biggest beneficiaries with the formation of a rare bullish chart pattern. The post Rare Chart Pattern on Cardano – Could This Signal a Massive ‘Santa Claus Rally'? appeared first on Cryptonews.

Thousands of large transactions have been spotted on the Cardano (ADA) blockchain in the last 24 hours. The metric signals increased activities performed by Cardano whales.

Cardano (ADA) price has surged 52% in the last 30 days, marking an impressive recovery. On December 3, ADA reached its highest price since March 2022.

TL;DR Charles Hoskinson is working to achieve a “decentralized revolution” with the implementation of the Chang Hard Fork and key governance improvements. Community participation: the introduction of Delegate Representatives (DReps) facilitates decision-making without sacrificing efficiency. Long-term optimism: ADA rises 3.7% to reach $1.

Cardano Foundation has responded to criticisms of its overt involvement in the Project Catalyst program, noting that it is acting in the network's best interests. In a blog post, the non-profit organization explained its role within the Cardano Network.

With altcoins ready for a moonshot, Cardano reveals breakout rally potential. While the ongoing pullback clouds the breakout chances, the network growth and market recovery hint at a high momentum run.

The year 2024 has been an eventful year for the cryptocurrency sector, especially when viewed from the perspective of ETFs. The trading of spot Bitcoin ETFs and spot Ethereum ETFs was approved by US regulators.

The Cardano Foundation has addressed the mounting concerns and criticism over its role within the blockchain network's ecosystem. Over the past weeks, the Foundation has faced increased criticism for alleged internal conflicts and claims of sidelining key contributors, including Cardano's founder, Charles Hoskinson.

ADA, the native token of the Cardano blockchain, is gaining significant attention from crypto giants despite its ongoing price consolidation. On December 17, 2024, data from on-chain analytics firm Santiment revealed a massive rise in whale activity on the Cardano network, signaling potential upside momentum.

Cardano's founder, Charles Hoskinson, is doubling down on his mission to transform blockchain governance. In a recent post, he shared that Cardano is on the brink of achieving what he calls a decentralized revolution.

Recent data reveals a substantial surge in whale activity on the Cardano (ADA) network. Analyst Ali Martinez reported 687 transactions exceeding $1 million within 24 hours, signaling strong interest from large investors.

Bitcoin and Ethereum have led top crypto asset gainers following the last price rebound. Most traders expect a positive run based on both assets, citing growing institutional demand and the decentralized finance (DeFi) ecosystem.

As the year draws to a close, Ethereum rivals are gaining traction in the cryptocurrency market. Investors are focusing on altcoins with high growth potential, expecting substantial returns before January 2025.

Sustained demand from buyers has pushed Bitcoin to a new all-time high, opening the doors for a rally toward $113,000.

Cardano's price has remained sideways this month, but a rare chart pattern indicates a potential comeback in the coming weeks. Cardano (ADA), the popular layer-1 cryptocurrency, is trading at $1.06, down nearly 20% from its highest level this year.

The Cardano (ADA) community received a notable warning that could help them protect their funds. Caution is necessary following a significant development in the community, particularly as they anticipate a favorable shift in the market.

The cryptocurrency market remains mainly red, according to CoinStats.

As more and more people look to the digital asset investment products field, Cardano (ADA) made a name for itself in last week's inflows, standing out from the crowd in a very competitive landscape. According to CoinShares, funds flowing into digital asset ETFs reached $3.23 billion, marking its 10th consecutive week of growth.

Cardano's price has been following Bitcoin over the past few weeks but is yet to create a new record high. Yet, it might do so soon if it is able to take out this one significant obstacle.

Cardano, a leading proof-of-stake cryptocurrency, has witnessed price surge, which is good news for the market. The broader crypto market recovery to earlier this year is drawing in this new wave of investment.

Cardano (ADA) faces the risk of slipping below the critical $1 mark after days of volatile, see-saw price action. Since the weekend, the altcoin has struggled to stabilize, hovering around the same price region.

Charles Hoskinson, founder of Cardano, has presented an innovative roadmap that will guide the development of the blockchain until 2025.

Bitcoin (BTC) surged to a new all-time high during early Asian trading hours, hitting a peak of $106,449 before declining to its current level. The rally came as speculations grew about it becoming a United States reserve asset.

Over the past few months, Cardano founder Charles Hoskinson has showcased a number of new projects he has been working on. This includes a push to bring decentralized finance (DeFi) to Bitcoin (BTC) and Quantum Hosky.

An on-chain analyst says deep-pocketed investors are loading up massive amounts of Cardano (ADA) and a top memecoin as the market went sideways for the past week. Analyst Ali Martinez tells his 98,800 followers on the social media platform X that crypto whales accumulated $85.6 million worth of ADA in a couple of days.