Santiment, a leading crypto analytics platform, has recently shed light on the prevalence of short positions involving Cardano (ADA) and XRP, indicating that this metric could potentially signal a bullish outlook for both digital assets. In the aftermath of the recent market crash, these prominent altcoins have suffered significant losses,
Amidst evolving regulatory landscapes in the cryptocurrency market, Ethereum has received a boost as the SEC concluded its investigation, signaling positive sentiment for the digital asset. This development has injected optimism into the global crypto market, prompting a potential recovery outlook. In the past 24 hours, Cardano (ADA) has displayed
Cardano (ADA), the tenth-largest cryptocurrency by market cap, continues to trade in the bearish zone — down by 22% over the past 30 days. On the 4-hour chart, the RSI (relative strength index) hovers close to the neutral zone, indicated by its reading of 55.4. Meanwhile, the MACD (moving average
A new player has emerged in crypto, capturing the attention of analysts and investors alike. Retik Finance, a groundbreaking project in the decentralized finance (DeFi) space, is being touted as the coin that will not only beat but also put established giants like Cardano (ADA) and Polygon (MATIC) to shame
In a dramatic turn of events, the global cryptocurrency market has witnessed a staggering 7.63% decrease, with its total market cap plummeting to $2.57 trillion over the last day. Bitcoin, the leading cryptocurrency has slumped to $67,000, marking an 8% decline. The downfall doesn’t end there; Bitcoin ETF inflows have
In a recent turn of events that has caught the attention of the cryptocurrency market, Cardano (ADA) experienced a 2.8% drop, a development that has sparked a notable shift in investor sentiment and strategy. This dip, though seemingly minor, has significant implications, particularly as it drives investors towards a new
In an industry as fast-paced and volatile as cryptocurrency, it’s not uncommon for investors to be on the constant lookout for the next big opportunity. Recently, a significant shift has been observed as Cardano (ADA) investors, including some of the most prominent Cardano (ADA) whales, have begun flocking to a
A lively debate has emerged around whether Cardano can reach $1 before Bitcoin’s upcoming halving event in April 2024. While Bitcoin recently surged to over $52k, Cardano has lagged behind, fueling discussions around the altcoin’s potential. Bitcoin Halving History Points to Price Rallies Bitcoin halving events, which occur about every
Over the past week, investment products focused on Cardano (ADA) saw an unprecedented spike in inflows, vaulting over 1,000% higher week-over-week, according to CoinShares data. The report revealed $6.1 million has entered ADA funds lately as analysts simultaneously call for a decisive price breakout. Per the digital asset flow figures,
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
