The price of Cardano (ADA) has tumbled about 30% since hitting highs last month. And after being rejected again near a key $0.555 resistance level, ADA threatens to extend its downward slide over the short term. Cardano now trades within the confines of a falling price channel as its recent
Cardano (ADA) has seen its price fall in recent months, declining under a long-term resistance level and failing to break out above $0.50. With bearish technical indicators, ADA could be headed for a drop as low as $0.38, presenting a 30% downside risk for investors. Meanwhile, the fairly new Pandoshi
The cryptocurrency market is always in flux, presenting fresh challengers to traditional powerhouses. Among layer-1 blockchains, Cardano (ADA) and Solana (SOL) have been at the forefront. Yet, an emerging contender, Pandoshi (PAMBO), is showing considerable promise to outshine these established networks. Pandoshi’s Unique Value Proposition Pandoshi was created to embody
The crypto market presents ample opportunities for investors to find promising projects with significant growth potential. Here we explore 5 cryptos currently trading under $1 that analysts predict could reach $5 by 2024 based on technical and fundamental analysis. Pandoshi (PAMBO) Pandoshi stands out with its innovative features and real-world
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
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
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
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
The first Cardano social networking app, Cardano Spot, was released yesterday. The burgeoning social network platform designed to unite and empower Cardano aficionados is now ready to provide a hand to indigenous initiatives. The Cardano Spot is a sophisticated hub for bringing in new members of the Cardano community and
Charles Hoskinson, founder of Cardano, is certain that the U.S. SEC would not go after ADA, the project’s native token. In a recent video interview, Hoskinson said that despite ADA being cited as a security in a lawsuit against a cryptocurrency exchange, no regulatory action has been taken against the
