Cardano, Stellar, and Neiro show potential bullish setups amid Bitcoin's decline. Learn about their key technical levels and breakout targets.
In a groundbreaking achievement, Cardano's layer-2 scaling solution, Hydra, has shattered expectations by processing $2 billion in transactions in just four hours, surpassing the capabilities of global payments giant Visa.
Bitcoin's failure to hold $100,000 could attract profit booking from traders. Which altcoins will follow BTC's downtrend?
According to data from analytics site IntoTheBlock, Cardano (ADA) recorded $25.48 billion in large transaction volume, representing a 9.42% increase over the previous day.
On Sunday, the X account of the Cardano Foundation was hacked by an unidentified entity, leading to the spread of false information about the Cardano project.
A swathe of older altcoins colloquially known as “dino coins” have rallied while many of the newer tokens have stalled; analysts explain some of the reasons why.
Cardano co-founder Charles Hoskinson revealed ongoing discussions with Ripple executives about integrating XRP into Cardano's Midnight sidechain.
Cardano (ADA) has emerged as one of the standout performers in the cryptocurrency market this year, with its price surging from $0.60 at the beginning of 2024 to $1.13 at the time of writing—a 90% year-to-date (YTD) gain.
37.06 million Cardano tokens, worth $43.36 million will be unlocked this week. Here's how that might affect ADA's price.
Cardano's price took a hit, dropping 8% in the past 24 hours to around $1.10. With Bitcoin slipping below $100K, is ADA at risk of falling below $1?
The crypto market has seen impressive growth recently. In the initial stages, as usual, Bitcoin dominated the market. Recently, Altcoins have taken center stage, with cryptocurrencies like Cardano showing impressive momentum. In the last 30 days, Cardano has seen a growth of 155.2%. Where is the ADA market heading to? Let's understand what experts think.
TL;DR Charles Hoskinson seeks to integrate RLUSD, Ripple's stablecoin, into Midnight, Cardano's privacy sidechain, following years of tensions with Ripple. RLUSD would bring financial stability to Midnight, which already uses the tokens NIGHT (transactions) and DUST (governance and staking). Tools like Marlowe could facilitate the expansion of RLUSD and XRP, strengthening interoperability between both blockchains..
The CoinDesk 20 (CD20), a liquid index tracking the largest tokens by market cap, fell 3.6%. Weakness in majors saw midcaps fall as much as 10%, per Coingecko data.
TL;DR The Cardano Foundation's X account was hacked, leading to the promotion of a fake token called ADAsol and false claims about an SEC lawsuit. The ADAsol token scam generated over $500,000 in trading volume before being exposed, and the false SEC lawsuit claim led to a brief 4% drop in ADA's price.
Cardano (ADA) has been gaining significant attention from both traders and investors as it recently displayed a notable surge, benefiting from a broader market recovery. After bouncing from an intraday low of $1.13, Cardano rose 6%, reaching above $1.20.
More than 60 delegates from over 50 countries gathered for a special three-day event. They worked together to define, refine, and vote on this document.
Hackers breached Cardano Foundation's X account on December 8, 2024, spreading false claims about an SEC lawsuit and token burning, causing a 4% price drop before CEO Charles Hoskinson debunked the attack.
Charles Hoskinson, the founder of Cardano and one of the most talked-about figures in crypto, says he's ready to bring Ripple's RLUSD stablecoin into his ecosystem. This came out during an interview with Big Pey, a Cardano-focused YouTube channel, where he talked about meetings with Ripple execs Brad Garlinghouse and David Schwartz.
The Cardano Foundation's X account was hacked, promoting a fake Solana-based token and false claims about regulatory issues.
Cardano shows strong market fundamentals with whale accumulation of 20.31M ADA at $1.21, while facing technical resistance at $1.20-$1.24 levels as it consolidates above the $1 mark with broad holder support of 4.95B tokens across 391K addresses.
The Cardano Foundation's X account was hacked on December 8th, unleashing a wave of fraudulent activity. Hackers spread false information and promoted a scam Solana-based token, ADA/SOL, exploiting the credibility of legitimate sources like a recent podcast and the Foundation's official website.
Cardano's ADA has risen to new highs and garnered global interest. People are speculating on its possibility of reaching above $2. Given market conditions and technical signals, ADA may fall before rising to its all-time high. Meanwhile, Polygon (POL) and Rexas Finance (RXS), a viral $0.
Still among the most valuable cryptocurrencies is Cardano. With a price of $1.23 as of writing, it is up 23.77% in the last seven days.
Bad actors compromised the Cardano Foundation's X account on Dec. 8 to promote a phony Solana token. In a later post, they shared a false announcement claiming that the company would cease its support for Cardano's native ADA token due to a lawsuit from the Securities and Exchange Commission (SEC).
In an unprecedented turn of events, the Cardano Foundation's X account witnessed a hack on Sunday. Notably, the yet-to-be-identified hacker promoted a fake token and alleged that ADA withdrawals would stop as a result of a crackdown by the U.S. SEC.
The hacker published some links that were later removed but with some consequences.
Cardano's price has been moving sideways in recent days, holding steady above $1. Despite avoiding a significant drop, the altcoin is showing signs of fading bullish momentum.
Hackers used the compromised Cardano X account to promote Solana-based fake token sales dubbed ADASol. The post Cardano X account Hacked, Spreading False SEC Lawsuit Claims appeared first on Cryptonews.
The altcoin industry has signaled a major bull rally in the near term after consolidating in the past eight months.
The Cardano Foundation's X account was hacked, leading to the promotion of a fake token that defrauded users of $500,000 before the scam was exposed and shut down.
The ADA price is the short timeframe that hints at a probable pullback as the bulls remain passive. Being in the top 10, the token tends to follow the star token, Bitcoin, struggling to rise and sustain above the threshold at $100K.
Cardano price started a downside correction from the $1.325 zone. ADA is consolidating and facing hurdles near the $1.20 and $1.240 levels.
The current price action of ADA is still showing signs of consolidation, with no breakout to the upside yet. At the time of writing, ADA is trading slightly below the $1 mark and has drifted into the red zone. However, the coin has gained more than 12 percent in the last one week.
ADA, the native token of the Cardano blockchain, is poised for notable upside momentum as whales and investors show strong interest in the altcoin. This surge in interest was observed when the token appeared to be struggling near a strong resistance level.
Cardano's native token, ADA, is showing signs of strong bullish momentum, with analysts predicting a potential 30% price surge. Despite recent struggles at the $1.25 resistance level, ADA's technical indicators and on-chain data suggest a breakout could be on the horizon.
Bitcoin claims the historic $100,000 milestone, President-elect Donald Trump picks former SEC commissioner Paul Atkins to replace Gary Gensler as agency chair, and more in today's edition of the weekly recap.
According to historical data, Cardano (ADA) may be approaching overvalued territory. This comes after an impressive 180% price increase over the last 30 days.
The SEE Institute and Cardano Foundation have partnered to integrate blockchain technology into global sustainability efforts. Advancing Blockchain-Powered Sustainable Solutions The Dubai-based sustainability education and business incubation hub, SEE Institute, has signed an agreement with the Cardano Foundation to incorporate blockchain technology into its global sustainability efforts. The partnership aims to advance blockchain-powered sustainable solutions.
The Cardano Foundation joins a long list of entities falling victim to X account hacks, including the Securities and Exchange Commission.
Three reasons outlined below make buying ADA at this moment the wisest move.
False claims of an SEC lawsuit and ADA token burns from a hacked Cardano Foundation account sent shockwaves through the cryptocurrency community, sparking panic.
Cardano holders received a warning Sunday: ADA trading will halt on all platforms as of Monday, Dec. 9. There's just one problem: It wasn't true.
Cardano Foundation's official X account fell victim to hacking, leading to the circulation of false claims about an alleged SEC lawsuit. The post Cardano Foundation X account under attack, hackers spread misinformation about SEC lawsuit appeared first on Crypto Briefing.
ADA remains remains still at $1.19.
The relatively sophisticated scam attempt had some Cardano users trading the token, which saw $500,000 in trading volume.
Sellers are becoming more powerful at the end of the week, according to CoinMarketCap.
On the crypto ring, Cardano dances: 915 million ADA, a waltz that attracts traders and billions, but beware of exhaustion.
Cardano (ADA) enters a phase of consolidation, major investors, often referred to as “whales,” are seizing the opportunity to strengthen their positions. Recent data from the market intelligence platform Santiment, shared by analyst Ali Martinez, reveals that whales have accumulated over 100 million ADA tokens in recent days, pouring in a total of $110 million into the market.