Cardano (ADA) has been navigating a volatile market alongside Solana (SOL). As both cryptocurrencies face significant price fluctuations, traders are increasingly turning their attention to an emerging altcoin, priced below $1. The new altcoin, which leverages the power of artificial intelligence (AI), is poised for a remarkable 55,000% surge by March.
The cryptocurrency market has seen increased volatility, with existing giants like ETH and ADA hitting monthly lows that have got investors wondering if they are still reliable investments.
Virtune, a Swedish crypto asset manager, has launched new exchange-traded products (ETPs) in Finland, giving investors easy access to Avalanche (AVAX) and Cardano (ADA). Virtune CEO Christopher Kock described the new products as timely, pointing at the growing demand.
The cryptocurrency market has been plunged into a decline this week, with global crypto market capitalization dropping by 11% in the past seven days.
Cardano (ADA) price remains in bearish this week as many crypto investors have embraced a cautious tone. Bitcoin (BTC) crashed below the support at $100k and the falling fear and greed index has not helped.
Polkadot (DOT) joined Litecoin (LTC) as a top performer, gaining 4.8%.
LTC consolidates within a corrective phase, with a potential breakout ahead. A move above $116.26 could confirm a new uptrend, while failure to hold $96.81 will invalidate the assumption.
Bulls have failed to seize the initiative today, according to CoinMarketCap.
An analyst called Altstreet Bets forecasts the price of Solana (SOL) could drop to $100 in the coming weeks. The analyst had predicted SOL's downfall in 2021. On the other hand, Cardano (ADA) and IntelMarkets (INTL) could be set for a massive uptrend in the coming months.
Cardano price has experienced a 23% decline in the past week moving into the oversold territory hinting the possibility of a bounce back to $1.0.
Strong job growth can lead to fears of inflation and increased interest rates, while weak data might signal an economic slowdown.
The SEC has taken a key step toward approving a spot Litecoin ETF, while Solana sees record-breaking growth and Remittix aims to disrupt the $190 trillion payment sector. #partnercontent
A step signals potential approval amid growing expectations for crypto-friendly regulations.
Cardano's price action signals a potential breakout, with open interest soaring and key resistance levels approaching.
Cardano's price has failed to sustain any meaningful recovery, invalidating the previously anticipated bullish pattern. Despite oversold conditions suggesting a potential reversal, ADA remains under pressure.
This week, we examine Ethereum, Ripple, Cardano, Binance Coin, and Solana in greater detail. Ethereum (ETH) The Monday crash took crypto by surprise during a historic liquidation event.
Bitcoin's price has dropped almost 9% over the last week, leading to a broader downturn across the crypto market.
Eric Balchunas defines the move as a small step in the change of leadership.
Cardano (ADA) has experienced significant volatility in recent weeks, marked by a notable price correction at the start of February. The token faced immense pressure as it dipped toward key support levels around $0.7.
Grayscale Investments has submitted a request to the SEC to transform its Grayscale Litecoin Trust (LTCN) into an ETP.
Virtune AB expanded its crypto offerings to the European market with the new launch of the Virtune Staked Cardano ETP and the Avalanche ETP.
The US Securities and Exchange Commission (SEC) has officially recognized the 19b-4 filings submitted by the New York Stock Exchange (NYSE) to list and trade the Grayscale Solana and Litecoin exchange-traded fund (ETF).
Cardano (ADA) may be on the verge of a significant price breakout against Bitcoin (BTC), according to technical indicators. After a remarkable 200% surge against BTC late last year, ADA peaked at 0.000014 BTC before entering a sharp decline, losing 45% of its value and at one point dropping 60% against the leading cryptocurrency.
Bitcoin is making what may be its fifth attempt to breach this psychological barrier as it approaches the much-anticipated $100,000 resistance level once more. The top cryptocurrency is now trading at about $98,166, demonstrating its strong resilience in the face of recent market turbulence.
The US Securities and Exchange Commission (SEC) has acknowledged two key filings: an amendment for Grayscale's proposed spot Litecoin (LTC) exchange-traded fund (ETF) and a separate request allowing in-kind redemptions for BlackRock's iShares Bitcoin ETF (IBIT), according to Feb. 6 filings.
The Commission acknowledged several applications for crypto exchange-traded funds on Thursday, a move that ties the regulator to a strict timeline for approval or denial.
Crypto industry executives and asset managers expect the Trump administration to usher in a regulatory climate conducive to innovation.
Cardano (ADA) price has dropped over 25% in the last seven days, bringing its market cap down to $26 billion. Trading volume has also fallen 35% in the past 24 hours, now sitting at $766 million, signaling decreased market activity.
The U.S. Securities and Exchange Commission (SEC) has invited public comments on a proposal to convert Grayscale's Litecoin Trust into an exchange-traded product (ETP). The request follows an official acknowledgment of NYSE Arca's 19b-4 filing, submitted on behalf of Grayscale.
The U.S. SEC asked the public to comment on a proposal for converting Grayscale's Litecoin trust into an exchange-traded product.
The Cardano (ADA) price bubble could be in the process of popping, with the ADA bears in control of the market on Thursday and the crypto currently down 11% on the week and down nearly 50% from recent highs. The post Cardano Price Analysis: Is February Going to be “Crazy Month” of ADA Gains? appeared first on Cryptonews.
A new analysis by crypto strategist Ali Martinez suggests that Cardano (ADA) might be on the cusp of a significant upward move—potentially reaching the $15 price mark, which would represent a staggering 1,850% rally from current levels near $0.76. “If historical data is any guide, Cardano could be at the very beginning of a monster parabolic rally!
Three of the top coins have shed a quarter of their respective value in the last week as Bitcoin struggles amid Trump's trade war.
Sentiment around Cardano's ADA cryptocurrency is waning, with the token falling by nearly 22% over the last week, according to CoinGecko data. The outlook seems even grimmer when looking at ADA's monthly chart, which shows a 35.9% loss for investors who purchased the crypto above $1.1.
The price of popular cryptocurrency Cardano (ADA) may see explosive price performance against the leading coin, Bitcoin (BTC), in the near future. At least that is what the ADA/BTC chart suggests.
The Virtune Staked Cardano ETP (VIRADAE) has been formally introduced on Nasdaq Helsinki by Virtune, a regulated digital asset manager with headquarters in Sweden. For Cardano (ADA), this is a major turning point as it gives institutional and individual investors a new avenue to invest in ADA and earn staking rewards.
Litecoin gains momentum above the $100 mark despite market turmoil. Further, an analyst predicts a potential breakout rally in LTC prices at $110, targeting $129. Amid such bullish chances will Litecoin prolong the rally to $176?
Cardano is expanding as Swedish asset manager Virtune AB has launched a new exchange-traded product (ETP) that tracks the coin. The product, launched alongside Avalanche ETP, now trades on Nasdaq Helsinki, giving institutional investors a new way to gain exposure to the coin.
Cryptocurrencies continue to struggle after sharp declines earlier in the week. This sees Bitcoin (BTC) hover below $100,000 and most altcoins battling to hold onto recent gains. However, Litecoin (LTC) and FTX Token (FTT) are among top gainers on February 6, 2025. Here's an update for the crypto market today.
With optimistic forecasts setting its price at $5 by the end of 2025, Cardano (ADA) has demonstrated great potential in the bitcoin market. By February 2025, analysts predict a rise of 97.82%, reaching $1.9937 and a return on investment (ROI) of up to 389.34% by August.
Despite the bullish predictions, ADA's price remains deep in the red on a monthly scale.
Cardano (ADA) has experienced a remarkable 428% surge in trading volume despite price decline to $0.77, showcasing intense market activity and diverse investor behavior during a period of cryptocurrency market volatility.
The Cardano price faced a massive pullback in the first few days of the month due to external factors. The token remained under tremendous pressure with the key support levels around $0.7 and as a result, it rebounded without attracting deeper correction.
Swedish asset manager Virtune launched Avalanche ($AVAX) and Cardano ($ADA) exchange-traded products (ETPs) on the Finnish market. Previously, Virtue rolled out $BTC, $SOL, and XRP ETPs, as well as the Crypto Altcoin Index ETP, which gives exposure to the top 10 cryptos at once.
Virtune Avalanche ETP and Virtune Staked Cardano ETP will now be accessible to both institutional and retail investors on Nasdaq Helsinki through banks. The post Swedish Crypto ETP Issuer Virtune Lists Avalanche, Cardano ETPs on Nasdaq Helsinki appeared first on Cryptonews.
Cardano has been among the most bullish cryptos in the 2021 bull run but has shifted its trajectory to bear-driven in the past few years. Although the Cardano price is low at the current level, it is holding up the best in this market's volatility.
A new altcoin is silently taking the stage as Solana and Cardano exhibit indications of a possible rally. DTX Exchange is a newly developed cryptocurrency fast acquiring popularity and grabbing the interest of both investors and analysts.
Swedish crypto asset manager Virtune is now giving investors in Finland exposure to Avalanche and Cardano via its newly launched crypto ETP products.