Cardano Foundation Releases 2023 Financial Report, Unveils Expenses Across 3 Major Areas

Cardano Foundation, the non-profit organization behind the Cardano ecosystem, has unveiled its financial report for 2023, detailing its expenses across three major areas. Notably, the Financial Insights Report is the foundation’s first and part of its efforts to uphold the principles of transparency and openness. According to the report, the Cardano Foundation primarily spent most…

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Important Binance Announcement Affecting Certain XRP, ADA, and DOGE Traders: Details

TL;DR Binance launched a special promotion on specific JPY trading pairs, potentially aiming to attract Japanese traders and boost activity. This move coincided with a substantial surge in the assets’ prices. Benefits to These Traders The world’s biggest crypto exchange launched a zero-fee trading promotion for all users on the ADA/JPY, DOGE/JPY, and XRP/JPY spot…

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Cardano’s (ADA) Price Rally, Bitcoin’s (BTC) Fresh ATH, and More: Bits Recap Nov 11

TL;DR Bitcoin (BTC) hit nearly $82,000, now being the 9th-largest global asset in terms of market cap. Cardano’s (ADA) price rose 76%, driven by founder Charles Hoskinson’s latest announcements. Ethereum (ETH) gained 28% in the last week, with analysts eyeing a breakout past $3,200. BTC Keeps Pumping The past several days (ever since Donald Trump’s…

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ETH, XRP, ADA, SOL, and DOGE

This week, we examine Ethereum, Ripple, Cardano, Solana, and Dogecoin in greater detail. Ethereum (ETH) Ethereum concludes a strong week with an impressive 21% price increase which brings it above $3,000. Such a rally was not seen in months. This is returning optimism and excitement to the ETH ecosystem after a difficult period since March….

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Cardano Bullish Pattern Suggests A Breakout – Can ADA Reach $0.54?

Este artículo también está disponible en español. Cardano (ADA) is crucial following days of heightened volatility and excitement among crypto investors. While other altcoins have experienced significant pumps, Cardano has yet to see the same breakout, leaving analysts and traders searching for confirmation of a bullish trend.  Despite the lack of a major move, optimism…

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Hoskinson Claims Cardano Is ‘Still #1’ Crypto, Citing Decentralization And Upcoming Plans

Este artículo también está disponible en español. The recent Chang hard fork upgrade in September has positioned the Cardano (ADA) blockchain as the top player in the crypto ecosystem, according to its founder, Charles Hoskinson.  Hoskinson, who is also known for his role in co-founding Ethereum (ETH), has consistently praised Cardano’s progress over the past…

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ETH, XRP, ADA, SHIB, and DOGE

This week, we examine Ethereum, Ripple, Cardano, Shiba Inu, and Dogecoin in greater detail. Ethereum (ETH) Ethereum had a difficult week and closed with a 10% loss. The price briefly fell under $2,400 and is currently trying to reconfirm this level as support. If it fails, then sellers may have an opening to push it…

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Cardano (ADA) Faces Risk Of 30% Drop – On-Chain Metrics Confirm A Slow Demand

Este artículo también está disponible en español. Cardano has seen a strong 26% surge following the Federal Reserve’s interest rate cuts announcement two weeks ago, boosting optimism across the crypto market.  Analysts and investors are questioning the sustainability of the recent surge. Despite the initial rally, Cardano’s price failed to close above a key resistance…

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ETH, XRP, ADA, SHIB, and DOGE

This week, we examine Ethereum, Ripple, Cardano, Shiba Inu, and Dogecoin in greater detail. Ethereum (ETH) Ethereum closed another good week with a 4% price increase. Buyers remain interested and managed to push the price above $2,600. The current target is $2,800, which will also act as key resistance. Momentum slowly turned bullish in September,…

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Analyst Warns Of A ‘Super Signal’ For Cardano (ADA): Could It Outperform Bitcoin?

Cardano (ADA) has recently recorded impressive gains of nearly 13% over the past week, outperforming Bitcoin (BTC), the largest cryptocurrency by market capitalization. Analysts are optimistic about further price increases for ADA, particularly following the emergence of a “super signal” on the ADA/BTC trading chart. Cardano Price Tests Key Levels Market expert TrendRider highlighted this…

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Cardano (ADA) Eyes 20% Price Surge – Funding Rate Suggests Increasing Demand

Este artículo también está disponible en español. Cardano is trading at a crucial supply level that could spark a significant rally to new highs. After last week’s interest rate cut, optimism has surged among analysts and investors, with many anticipating strong upward momentum for the altcoin.  Related Reading This positive sentiment is reflected in spot…

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3 Bullish Signs Point to a Potential ADA Bull Run

TL;DR ADA’s price surged to almost $0.40, potentially driven by positive metrics such as an increase in large transactions. However, its RSI recently spiked to 81, suggesting overbought conditions and a potential correction despite predictions of further rallies from analysts. ADA’s Resurgence Cardano’s ADA has been among the top-performing leading digital assets in the last…

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Bullish Analyst Sees Cardano (ADA) Rising 13% As Key Indicator Signals Buy

In a notable divergence from the broader cryptocurrency market, Cardano (ADA) has faced challenges in capitalizing on the recent bullish sentiment triggered by the Federal Reserve’s decision to reduce interest rates by 0.50% earlier this week.  While major cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH) have seen gains exceeding 5% in the same timeframe, ADA…

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Volatility Ahead? 2 Bullish Cardano Signals Flash as ADA’s Price Rises 10% Weekly

TL;DR ADA’s valuation surpassed $0.35 for the first time this month, while Cardano’s network witnessed a rise of some essential indicators. The RSI, on the other hand, recently entered an overbought territory, signaling a potential price correction. ADA’s Solid Performance Cardano’s native token has performed quite well in the past few days, witnessing a 10%…

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Cardano Foundation Reports Massive Growth In These Key Metrics

Este artículo también está disponible en español. In August, the Cardano (ADA) ecosystem experienced significant growth across several key metrics, coinciding with the anticipated Chang upgrade, which was successfully implemented on September 1. Despite the bearish market sentiment that affected ADA’s price during this period, the Cardano Foundation reported increased investor activity and blockchain usage….

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Cardano Transitions to Decentralized Governance Following Chang Hard Fork

Layer-1 blockchain Cardano, founded by Ethereum co-founder Charles Hoskinson, has completed its much-anticipated Chang hard fork, entering the final stages of the project’s development dubbed Voltaire era (the last era of the blockchain’s roadmap, focusing on decentralized governance). Completed on September 1, at 21:44 UTC at block 10764778, the upgrade will transform Cardano’s governance, where…

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Very Important Cardano (ADA) Update, Bullish Ripple (XRP) Price Outlook, and More: Bits Recap August 26

TL;DR One analyst believes XRP could see a further surge, potentially reaching $2 if it breaks key resistance levels. Cardano’s ADA saw a price surge, briefly surpassing $0.40, driven by anticipation of the upcoming Chang Hard Fork upgrade. Bitcoin (BTC) surged near $64,500 following expectations of a potential interest rate cut by the US Federal…

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Can Cardano (ADA) Reach $0.50 Before the End of August? (ChatGPT Analyzes)

TL;DR Cardano’s ADA has risen by 33% since the August 5 crash, with potential for further growth depending on broader market trends and other factors. An upcoming Cardano hard fork focused on decentralization and community-driven governance could also boost ADA’s price. Is There a Chance? Cardano’s ADA has experienced a substantial resurgence lately, with its…

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Major Cardano (ADA) Development, Shiba Inu (SHIB) Improvements, and More: Bits Recap August 22

TL;DR ADA’s price has increased by 9% ahead of the upcoming Chang Hard Fork upgrade set for August 27. Shiba Inu has gained additional support from Kraken, which added SHIB/EUR to its margin trading program. Bitcoin’s price has been volatile, hovering between $57,000 and $61,500, currently trading at approximately $60,800. Cardano’s Upcoming Update Cardano’s ADA…

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