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Search Results for: cardano

Cardano’s On-Chain Whale Transactions Surge, Exerting Significant Influence

Cardano (ADA), currently positioned as the eighth largest cryptocurrency by market capitalization, is making waves not just in its ranking but also through substantial on-chain whale transactions. Recent data from crypto analytics platform IntoTheBlock reveals that Cardano’s aggregated whale volume in the past 24 hours has exceeded $23.07 billion, marking

December 16, 2023 2 mins read

Cardano Breaks Over Key Resistance Level as Market Rebounds

Following a brief period of decline and trading around the $40,500, bitcoin price reemerged and is now trading around the $43,000 mark. The altcoins are also trending upward, with ADA being the most prominent. In what may have been its most daring move since the beginning of the month, Cardano

December 14, 2023 2 mins read

Cardano (ADA) Wallet Receives Crucial Update

Eternl, a versatile Cardano light wallet, has unveiled its latest release, Eternl v1.11.17, bringing forth significant changes in collateral handling and several noteworthy improvements. The standout feature of this update is the alteration in collateral handling, ensuring that transactions made via Eternl collateral take precedence when no other UTxOs are

December 7, 2023 1 min read

Cardano Market Cap Adds $1 Billion as ADA Price Soars

Cardano’s ADA saw its market cap surge by over $1 billion in just 24 hours, amidst a new wave of intense buying pressure. At press time, ADA’s overall market cap stands at $15.5 billion, cementing it as the 8th-largest cryptocurrency by valuation, according to CoinMarketCap. The latest push saw the

December 7, 2023 1 min read

Cardano Whale Activity Surges to New Highs, Signaling Further Price Gains Ahead

On-chain data analyzed by leading crypto analyst Ali shows a significant rise in large transactions on the Cardano blockchain over the past three months. This indicates growing institutional interest that could propel the eighth-largest cryptocurrency to new price heights. Citing transaction data, Ali noted ADA transfers over $100,000 have regularly

December 4, 2023 2 mins read

Cardano Price Action Gives Mixed Signals As Traders Consider Next Move 

Cardano’s ADA token has witnessed growing volatility in recent days, with mixed signals emerging across varying timeframes that leave traders uncertain about the next major price move. Currently ranked as the 8th-largest cryptocurrency by market capitalization, ADA fell nearly 3% on Wednesday to $0.3735 amid broader declines across the crypto

November 28, 2023 2 mins read

Cardano Price Consolidates With Potential for a Surge

The price of Cardano’s ADA token has entered a period of consolidation over the past day, sliding 2.87% to $0.3806 at press time. This price level represents a crucial support zone, according to market analysts, who believe further upside could still be in store for the fifth-largest cryptocurrency by market

November 27, 2023 2 mins read

Cardano’s Hoskinson Lauds Nearly 200-Paper Research Portfolio

Cardano creator Charles Hoskinson praised his blockchain network’s commitment to peer-reviewed academic research as the total papers in Input Output Global’s (IOG) library approaches 200. He contends that this rigorous, scientific method distinguishes Cardano as uniquely positioned to solve complex challenges. “Cardano’s Library Nears 200 Papers as Founder Charles Hoskinson

November 26, 2023 1 min read

Cardano Yet Again Makes a Failed Attempt to Break Above $0.40 Level

Cardano (ADA), has been doing rather well as of late, with a monthly price rise of 38.72% taking it around the $0.40 threshold. Therefore, next year’s performance of the asset is worth monitoring to see whether the current trend can be sustained. The two most important factors that might push

November 25, 2023 2 mins read

Cardano Foundation Rallies 11 Million ADA Behind Catalytic Governance Proposal

The Cardano Foundation is mobilizing over 11 million ADA to support an upcoming vote central to decentralizing the blockchain’s decision-making. The nonprofit pledged its backing for the so-called “Catalytic Governance” changes while urging community participation. In a seven-part Twitter thread, the Foundation announced it will vote “Yes” in the imminent

November 22, 2023 2 mins read
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