Cardano’s ADA token, a competitor to Ethereum, has displayed a technical analysis pattern known as the “death cross” on its daily price chart. The death cross is observed when the 50-day simple moving average (SMA) falls below the 200-day SMA. While some followers of the technical analysis view the death
The US Securities and Exchange Commission’s (SEC) charges against high-profile companies such as Binance and Coinbase sent shockwaves through the cryptocurrency sector and left it surrounded by uncertainty. In addition, the leading cryptocurrency Cardano (ADA) has become a new victim in the SEC’s continuing hunt. In the lawsuit, the SEC
Input Output Global (IOG) recently acknowledged the U.S. Securities and Exchange Commission’s (SEC) claims. However, they firmly state that these accusations, which involve the Cardano network and its native token ADA, have no basis in truth. IOG emphasizes that this situation will not affect their operations. Moreover, they insist unequivocally
Since the beginning of 2023, Cardano (ADA) has nearly maintained a lead along with market leaders such as Ethereum (ETH) and Bitcoin (BTC). Cardano has now climbed by over 54% year to date, compared to gains of 59% for Ethereum and 65% for Bitcoin. When it starts outperforming the larger
Cardano strives to offer a secure and scalable blockchain platform designed to facilitate the execution of smart contracts and the development of decentralized applications. Launched in 2017 by a team of engineers, mathematicians, and blockchain experts, Cardano combines rigorous academic research with advanced technology to offer a more sustainable and
One of the most renowned blockchain networks, Cardano, has witnessed an increase in its Total Value Locked (TVL) metrics. The network’s TVL increased by 30% over the previous month, underscoring the rising popularity of the network’s DeFi ecosystem. On April 18th, Cardano’s TVL crossed $168 million. More developers and consumers
Cardano blockchain’s native token, ADA, has undergone a 5% price surge in the last 24 hours. Albeit all the Ethereum Shapella Upgrade hype, most of the altcoins in the crypto market are moving flat, but ADA, AVAX, UNI, and Dogecoin (DOGE) made quite an impact for the day. Each of
The cryptocurrency market is surging, climbing back up from its 2022 lows. Improving sentiment for crypto assets has fueled the rebound surge, and crypto Whales have taken advantage of the recent “buy the dip” chance to boost their holdings. On-chain data shows that Cardano whales have been on an acquisition
Cardano’s recent acquisition of its first oracle integrator, Charli3, caused a brief drop in the price of ADA. However, the market quickly recovered and the cryptocurrency surged again. Charli3 was formally introduced as the first Oracle integrator for Cardano, this April. The Oracle integrator is, however, identified as an open-source
Keeping up with the most recent trends and developments is crucial for investors looking to optimize their profits in the quick-paced and constantly-evolving world of cryptocurrencies. Ripple (XRP), Algorand (ALGO) and Cardano (ADA) are the top three gainers among cryptocurrencies today. Ripple (XRP) XRP, the native token of Ripple’s XRPLedger,
