Cardano survived the ByBit hack, but can it go on from here?
Charles Hoskinson, the founder of Cardano and co-founder of Ethereum, has recently criticized Ethereum following the significant security breach experienced by the cryptocurrency exchange Bybit.
Cardano is trading above key demand levels after a volatile Friday that saw prices react sharply to the Bybit $1.5+ billion hack news. Bybit is a top cryptocurrency exchange.
Cryptocurrency prices fell in the early Saturday trading session, with major cryptocurrencies XRP, Dogecoin (DOGE), Shiba Inu (SHIB) and Cardano (ADA) all in red. Traders had reacted to an over $1.5 billion heist of the Bybit exchange, which analysts claim was the biggest crypto theft ever.
Despite notable price drops across the cryptocurrency market, Cardano (ADA) has held steady above the crucial $0.74 support level. Additionally, ADA's four-hour chart appears to be mirroring XRP's, which looks bullish. Current Price Momentum Currently, ADA is trading near $0.77 and has dropped 3.25% in the past 24 hours.
In a livestream broadcast titled “Post-Quantum Cardano,” ADA founder Charles Hoskinson laid out a roadmap for making the blockchain quantum-resistant. His remarks come amid rapid developments in quantum computing hardware, including breakthroughs from Microsoft and other tech heavyweights, as well as newly released US government standards for post-quantum cryptography.
Crypto analyst Ali Martinez has noted key support levels for Cardano (ADA) price between $0.67 and $0.80. He emphasized their role in sustaining the current bullish trend.
Cardano, the innovative blockchain platform, has reached an important milestone, reflecting its growing popularity and expanding user base. As of February 19, 2025, the number of wallets created on the Cardano network surpassed a significant 5.2 million.
Frog-themed cryptocurrency PEPE rose 6% alongside the larger crypto market in the early Friday session on news that the U.S. Securities and Exchange Commission (SEC) is set to drop charges against the Coinbase crypto exchange.
Bitcoin is showing signs of strength by rallying within a hair of $100,000. Which altcoins will follow?
Rexas Finance is emerging as a meme coin contender, poised to surpass PEPE and change the DeFi market. #partnercontent
The market intelligence platform IntoTheBlock has revealed how Pepe & other memecoins are currently going through a decline in on-chain activity.
It's not every day that the crypto world gets a break, but this week, it seems like one just landed. The SEC, after months of legal back-and-forth, has agreed in principle to drop its enforcement case against Coinbase.
Pepe coin has entered a bear market this year after plunging 65% from its all-time high. Pepe (PEPE), the second-biggest Ethereum (ETH) meme coin after Shiba Inu (SHIB), has plunged to the key support at $0.000010.
Bitcoin (BTC) picked up momentum as it climbed above $98,000, as short-term bulls eye the $100,000 level. A break above this level could power BTC towards $105,000.
Cardano founder Charles Hoskinson has stirred speculation over a potential U.S. government adoption of Cardano (ADA) under Elon Musk's DOGE. The post Elon Musk to Back Cardano? Hoskinson Hints at US Crypto Adoption Plans appeared first on Cryptonews.
As Cardano (ADA) dips to $0.78 and XRP struggles at $2.7, investor confidence is shaking amid market uncertainty. ADA faces low developer activity, while XRP's regulatory battle continues to weigh it down. Meanwhile, Mutuum Finance (MUTM) is catching attention with a disruptive lending model that could reshape DeFi.
Cardano (ADA) has recently shown promising signs of a potential breakout, supported by favorable market conditions and growing optimism among traders.
This week, we examine Ethereum, Ripple, Cardano, Binance Coin, and Solana in greater detail. Ethereum (ETH) Ethereum continues to consolidate and closed the week with a 2% price increase.
Cardano founder Charles Hoskinson has outlined a strategy to secure the network in a post-quantum world. In a Feb. 20 broadcast, he emphasized the urgency of adapting blockchain systems as quantum computing advances.
Glauber Contessoto, popularly known as SlumDOGE Millionaire , advocated buying ‘conviction plays' like frog-themed Pepe (CRYPTO: PEPE) on Thursday, amid a broader slump in the meme coin market. What Happened: SlumDOGE Millionaire encouraged his X followers to seize the opportunity presented by the ongoing correction to invest in meme coins “like there's no tomorrow.
Cardano (ADA) may soon experience a significant price shift, according to prominent analyst Ali Martinez. The analyst, in a February 19th post, highlighted the asset's current formation of an ascending triangle pattern on its 3-hour candle chart.
While Cardano's native token ADA remains 74.3% below its all-time high value of $3.09, a favorable technical pattern is taking shape. A closely followed crypto analyst has identified one pattern that could trigger an over 20% move in the price of ADA.
Mike Novogratz is convinced XRP and Cardano are among the industry leaders per their first-mover advantage.
The PEPE price is currently trading within a Falling Wedge pattern, a historically bullish indicator that suggests an imminent breakout. A crypto analyst predicts that a decisive move above key resistance levels could trigger a 150% rally towards new all-time highs for PEPE.
In a recent livestream, Cardano founder Charles Hoskinson sparked significant speculation regarding whether the US government could adopt Cardano under the guidance of Elon Musk—now heading the newly formed Department of Government Efficiency (DOGE).
Data shows the Dogecoin Open Interest has seen a large drop recently. Here's how the trend has compared for Shiba Inu and other memecoins.
Cardano (ADA) has been making waves in the market lately, but some traders are starting to wonder whether its recent rally is really the start of a sustained upward trend—or just a short squeeze. As of February 20, 2025, ADA continues to hover below the $1 mark, a level that historically has signaled a potential breakout.
The Pepe price has been navigating extreme volatility throughout February, but recent whale activity may be hinting toward a bottom. The post PEPE Trading Volume Explodes 164% – Are Whales Preparing for $1 PEPE? appeared first on Cryptonews.
Following Bitcoin's move over the $97K value, the Cardano price has also pumped. Although marginal (only 3% over the last 24 hours), this increase has been the result of constant updates, as well as the recent bi-weekly digest from the Cardano community.
Cryptocurrency mogul Mike Novogratz has weighed in on the staying power of the Ripple-affiliated XRP token during a recent appearance on "Galaxy Brain" alongside Pantera Capital founder Dan Morehead.
ADA has risen by 3% in the past 24 hours, with its jump to $0.79 coming after Cardano voted with an 85% majority to ratify its first ever constitution. The post Cardano Ratifies Constitution with Overwhelming 85% Approval – Is ADA Set to Surge? appeared first on Cryptonews.
Cardano (ADA), the ninth largest cryptocurrency by market capitalization, has seen a 5% increase in price amid a slight rebound on the crypto market, which saw Bitcoin surpassing the $97,000 mark once again.
Cardano Foundation revealed that the network's community has officially ratified the blockchain's constitution, setting the stage for its implementation on Feb. 23. In a Feb. 19 post on X, the Cardano Foundation said: “The Cardano Constitution has been ratified.
The relative balance between buying and selling pressure in the Cardano market has kept the coin's price in a narrow range since the beginning of February.
As cryptocurrency market conditions rebound, Cardano price shows signs of recovery, signaling renewed momentum for the asset. Despite this rebound, ADA price has struggled to maintain consistent momentum eyeing more gains ahead.
ADA is testing a key resistance at $0.812, with a symmetrical triangle indicating a potential breakout or rejection. Elliott Wave and Fibonacci levels suggest targets at $0.929 or lower supports at $0.70.
The cryptocurrency market in 2025 has been a year of contrasts, marked by major milestones amid persistent economic uncertainty.
Considering its current impressive performance many people want to know if ADA is a good investment asset?
Can ADA sustain its momentum, or is this rally just a short squeeze?
Despite the ongoing market recovery, ADA, the native token of the Cardano blockchain, seems to be struggling to gain momentum. However, the asset has soared by nearly 4.5% in the past 24 hours and is currently trading near $0.78.
Cardano has formally adopted its Constitution, which is one step closer to providing decentralized governance. Founder Charles Hoskinson announced the milestone in a video broadcast on Tuesday, stating that the final version of the Constitution replaces the interim one.
Cardano has been trading below $1 for a month, struggling to regain the momentum it had at the end of 2024. While ADA has shown signs of recovery, technical indicators remain mixed.
Bitcoin remains stuck inside the range, with no clear indication of a price breakout or breakdown.
Pepe (PEPE) price, the frog-themed memecoin, has seen a sharp decline, losing 40% of its value over the past month. After briefly touching $0.000028, the token struggled to maintain momentum and is now facing further downside risks.
The crypto market is having a hard time gaining positive movement, and meme coins are particularly suffering. This has caused the price of PEPE to stabilize within a bearish region for an extended period. Also, on-chain metrics indicate a possible 20% drop in value because buyers couldn't overcome resistance levels.
Cardano's technical indicators flashed bearish signals, suggesting that it could dip further to test the flag support.
In a recent Cardano360 update, Input Output Global (IOG) unveiled plans for its next major innovation, Ouroboros Leios, which aims to dramatically enhance Cardano's speed and scalability.