Sun, November 24

Cardano Struggles Below $0.3550 Support: What’s Next For ADA?

Cardano (ADA) finds itself at a critical juncture as it grapples with persistent bearish pressure, struggling to maintain key support levels. The cryptocurrency’s recent price action has drawn significant attention from analysts and investors alike, particularly following its test of the $0.3680 resistance on October 7. Despite this brief show

October 11, 2024 2 mins read

Crypto Analyst Predicts Major Move for Cardano, Compares ADA To 2022 Run

Cryptocurrency analyst Dan Gambardello has sparked intrigue in the Cardano community with his recent analysis, suggesting that ADA stands on the cusp of a major price movement. Drawing parallels between the current market cycle and the 2020 bull run, Gambardello’s insights offer a compelling narrative for Cardano’s potential trajectory. Reflecting

October 8, 2024 1 min read

Charles Declares Cardano “Number 1” Amid Market Challenges

Cardano founder Charles Hoskinson recently expressed confidence in X, declaring the proof-of-stake blockchain as still “number 1,” highlighting its unique edge in decentralized governance compared to competitors. He teased more “amazing” developments on Cardano’s roadmap, including its consensus mechanism, Ouroboros, and the recently launched Chang hard fork, which facilitates decentralized

October 5, 2024 2 mins read

Cardano (ADA) Price Surges to $0.40, Reaching Two-Month High

Cardano (ADA) finds itself at a critical juncture following a impressive 15% price surge over the past week, propelling the cryptocurrency to a two-month high of $0.40. This rally, fueled by broader macroeconomic optimism, has reignited investor enthusiasm. However, as ADA approaches key resistance levels, two crucial factors emerge as

September 27, 2024 2 mins read

Cardano (ADA) Price Up in Past Week Despite YTD Drop

Cardano (ADA) finds itself at a critical juncture as it emerges from a prolonged downtrend, with recent price action hinting at the possibility of a sustained rally. Despite a year-to-date decline of approximately 37%, ADA has surged 13.40% in the past week, igniting speculation about a potential long-term uptrend. The

September 26, 2024 2 mins read

Cardano (ADA) Price Up 10% in Past Week: Eyes Another 10% Surge

Cardano (ADA) has had a decent 10% price surge over the past week. This upward movement has positioned ADA on the cusp of a potential breakout, with market participants closely watching for signs of another 10% gain that could propel the token beyond the key resistance level at $0.40. Since

September 24, 2024 2 mins read

Charles Hoskinson Surprised by Bitcoin-Cardano Bridge

In a groundbreaking development, a Bitcoin developer known as Elraulito has unveiled a seamless bridge connecting Bitcoin and Cardano applications. This solution, built on Plutus V3, enables Bitcoin wallet holders to interact directly with the Cardano ecosystem, marking a significant leap in blockchain interoperability. The smart contract at the heart

September 23, 2024 2 mins read

Cardano Shows Positive Surge, ADA Aligns With Broader Market Trends

Cardano (ADA) has exhibited notable resilience in recent trading sessions, posting a 7.7% price increase over the past 24 hours. This upward movement aligns with the broader cryptocurrency market’s positive trajectory, catalyzed by the U.S. Federal Reserve’s decision to cut interest rates on Wednesday. The surge in ADA’s value is

September 19, 2024 2 mins read

Cardano’s Large Transaction Volume Drops, Signaling Reduced Whale Activity

Cardano (ADA) finds itself at a critical juncture as recent on-chain data suggests a shift in market dynamics, potentially dampening its short-term outlook. Just two days ago, the cryptocurrency appeared poised for a rally towards $0.40, but this bullish scenario has dimmed following a noticeable retreat by crypto whales. The

September 18, 2024 2 mins read

Cardano Leios Upgrade: Analyzing Market Reaction and Price Dynamics

Cardano founder Charles Hoskinson has stirred the cryptocurrency community with a bold assertion regarding the network’s forthcoming Leios upgrade. Hoskinson contends that this enhancement will catapult Cardano’s transaction speed beyond that of its rival, Solana. However, despite the founder’s optimistic outlook, ADA’s market performance has remained subdued, with the token

September 17, 2024 2 mins read