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
Emerging Contender: Can TCRV Outshine Polygon and Cardano? The SEC’s lawsuits against leading cryptocurrency exchanges, Binance and Coinbase, have influenced several digital assets, including Cardano (ADA) and Polygon (MATIC), among others. Amidst this tumble, investors are looking for new promising gems, like Tradecurve (TCRV), which has swiftly risen, outshining both
The cryptocurrency market has been shaken by regulatory battles, with tokens such as XRP, Polygon (MATIC), and Cardano (ADA) finding themselves caught in the midst of the turmoil. Accused of engaging in securities trading on non-compliant exchanges, these coins have endured significant price volatility. However, their remarkable resilience suggests the
The global cryptocurrency market dropped 5% over the last 24 hours, displaying the wild crashes of altcoins. Among them, Cardano (ADA), Solana (SOL), and Polygon (MATIC) recorded alarming price drops. Memecoins — Shiba Inu (SHIB) and Dogecoin (DOGE) — were also spotted on the list of cryptocurrencies that displayed startling
Cardano (ADA) has emerged as one of the most promising projects in recent years, with its fast-growing decentralized finance (DeFi) that challenges the more established network of Ethereum. This leads to the question what will be the price of Cardano (ADA) in 2030. However, it is worth noting that the
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
Charles Hoskinson, the founder of Cardano, thinks the decentralization of the project will serve as a “wake-up call” for the sector. Hoskinson recently shared an update with the community. During which he claimed that ADA is “substantially more decentralized” than any other cryptocurrency. Furthermore, the executive emphasized that the Cardano
