Cardano survived the ByBit hack, but can it go on from here?
A spot XRP exchange-traded fund (ETF) is getting closer to approval after the US securities regulator acknowledged the filings submitted by Bitwise, Grayscale, and 21Shares. This approval will bode well for XRP price but crypto traders are looking for the top XRP rivals that could outperform it and possibly rally by 100x.
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 facing massive upward pressure, which has dragged the price by more than 5% to $0.76 while the trading volume has increased by over 47% to reach above $970 million.
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.
Bitcoin is showing signs of strength by rallying within a hair of $100,000. Which altcoins will follow?
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.
The Hedera blockchain's first-ever layer two solution “UP” was announced in October 2024. Polygon protocol Agglayer will now facilitate interoperability between UP and Karate Combat's official token.
The HBAR Foundation has announced an investment in Archax's tokenized shares of Fidelity International's USD Money Market Fund. Archax, the first FCA-regulated digital asset exchange, broker, and custodian, recently tokenized the MMF on the Hedera (HBAR) network.
Hedera (HBAR), one of the most prominent decentralized networks, has witnessed concerning outflows from its spot market. Investors have withdrawn a staggering $17 million from the token in just seven days, signaling a potential decline in market confidence and raising concerns over its ability to maintain support at the crucial $0.20 price level.
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.
As uncertainty dominated the digital assets landscape in the past week, Hedera demand plummeted significantly. The $17M investor pullback has raised eyebrows about HBAR's price action in the coming times. The impending selling pressure threatens the key support zone at $0.20. Losing this foothold might trigger a dip towards $0.
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.
Over the past week, Hedera has recorded steady outflows from its spot market, signaling a lack of confidence among market participants.
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.
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).
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.
Hedera (HBAR) has seen a modest recovery, briefly climbing above $0.21 in the last 24 hours. However, the cryptocurrency remains under pressure following a significant 40% correction over the past month.
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.
The market condition has changed recently, allowing several cryptos to register greens on their charts. Hedera (HBAR) price was one of them as it pumped by over 6% in the last 24 hours alone.
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?
Polkadot (DOT), one of the leading cryptocurrencies in the blockchain space, is currently at a crossroads. As the price approaches the $3.74 support level, investors and traders alike are anxiously waiting to see if this key price point will hold.
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.
Polkadot price has crashed in the past few years and is now hovering near its all-time low. DOT traded at $4.95 on Thursday morning, down by 56% from its highest level in November last year. Let's explore some of the top reasons why the Polkadot coin may bounce back soon.
Hedera (HBAR) has climbed above $0.21 in the last 24 hours. However, it is still attempting to recover from a 40% correction over the past 30 days.
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.