Cardano price started a decent increase above the $0.340 resistance. ADA is now showing positive signs and might rise further toward $0.380. ADA price started a recovery wave from the $0.3220 level. The price is trading above $0.350 and the 100-hourly simple moving average. There was a break above a key bearish trend line with…
Despite its low price, the Cardano (ADA) blockchain has remained among the top twenty crypto assets. This notable performance has sparked rumors about the real reason behind ADA’s huge market capitalization. The latest round of comments about the chain comes from renowned commentators in the crypto space, as shared on X. Is ADA Staking Liquid…
Cardano (ADA) struggles to regain momentum, facing rejection above $0.330 support. ADA forms falling wedge pattern since April, down 43.36% year-to-date. Price targets: potential rise to $0.4075 on breakout, or drop to $0.2410 if bearish trend continues. Cardano (ADA) finds itself at a critical juncture as it grapples with persistent price stagnation despite increased volatility…
Solana (SOL) shows a bullish outlook as Daily Active Addresses reach a record high while daily transactions outshine those of Ethereum, Cardano, and Binance. A Solana whale makes 34,807 SOL ($4.52 million) purchase, bringing the total assets withdrawn into his self-custody wallets to 207,000 SOL (over $29 million). Solana’s (SOL) on-chain activities, precisely the Daily…
The market dynamics took a huge turn in August. Cardano (ADA) has been in the top 10 for the longest time. The altcoin has maintained a strong hold but more recently it was dethroned by Justin Sun’s Tron (TRX). It should be noted that ADA in 2021 ranked third on the list. Currently, the asset…
Hoskinson denies ADA staking and market cap rumors. Cardano’s staking is liquid and non-custodial. Cardano founder Charles Hoskinson recently expressed his frustration over increasing misinformation regarding ADA staking and market cap manipulation. These false claims have become widespread, reaching what Hoskinson described as “epic levels.” A particular rumor asserts that ADA holders are trapped in…
Cardano founder Charles Hoskinson has dismissed the “lies and misinformation” surrounding the network’s staking operations. In a Sept. 11 post on X, Hoskinson expressed frustration over the spread of misinformation about ADA, noting that the network does not lock its staked tokens. He stated: “The lies and misinformation about Cardano have reached epic levels. Stake…
September 11, 2024 at 08:00 AM GST updated: September 10, 2024 at 02:12 PM 2 mins read News There is currently a demand in the growing market of cryptocurrency and its distinctive tokens which are expected to be the next big thing that can revolutionize day trading. Such cryptocurrencies, in addition to the technology that…
Charles Hoskinson has criticized a proposal to burn $500 million in ADA tokens by the Cardano community as the network enters the era of community governance. The proponents of the proposal have claimed that it could prop up the ADA price as supply diminishes, but opponents say that the funds should be used to fund…
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….
The Artificial Superintelligence (ASI) Alliance project has announced the deployment of its native token, FET, on the Cardano blockchain. This deployment signals a significant step toward creating a decentralized and ethical AI ecosystem. FET on Cardano: A Milestone for Decentralized AI In an article shared with the community on X, ASI Alliance stated that this…
September 8, 2024 at 02:08 PM GST 2 mins read News Charles Hoskinson believes Cardano is Bitcoin’s greatest competitor in the crypto space. Cardano’s eco-friendly proof-of-stake system and smart contracts set it apart. Hoskinson envisions Cardano evolving, challenging Bitcoin’s rigidity with regular upgrades. Charles Hoskinson, the founder of Cardano, firmly believes that Bitcoin’s greatest rival…
Este artículo también está disponible en español. Cardano (ADA) is currently trading just below a critical resistance level at $0.33 after a week of intense fear and uncertainty in the market. However, on-chain data from IntoTheBlock suggests that some investors see this as a potential buying opportunity, anticipating a market recovery in the near future. …
Dan Gambardello predicts a bullish ADA/BTC pattern similar to one that sparked a 1,000% rally four years ago. Cardano’s new decentralized governance tool could boost investor confidence and drive potential future price gains. In a tweet, Dan Gambardello, founder of Crypto Capital Venture, noted an “insane bullish divergence” on the ADA/BTC daily chart. According to…
At the time of writing, ADA is trading at $0.3107, down 3.67% in the last 24 hours. If the price breaks below $0.31 level, then it will plummet to test $0.24 support level. With the Chang hard fork completed, the long-awaited Conway era has begun on Cardano. With this crucial development, the network took a…
Este artículo también está disponible en español. In a new video analysis, popular crypto analyst Dan Gambardello delved into the potential future of the Cardano (ADA) price amidst the troubling forecasts of a US recession. With a significant following of 369,000 on YouTube, Gambardello highlighted the general unease among ADA holders and general crypto investors…
Este artículo también está disponible en español. Cardano has been in the limelight lately, not only because it has slightly increased in price but also due to its forecasted surge. According to predictions, ADA may surge up 16% and reach as high as $0.37 by October 2024. But what really drew interest was the bold…
Charles Hoskinson, the founder of Cardano, has voiced opposition to burning the blockchain network’s over 1.5 billion ADA treasury tokens, which are worth around $500 million. On Sept. 5, Hoskinson, in a social media post on X, pointed out that the treasury assets weren’t just preprinted tokens but were generated through block production and transactions. Burning…
Cardano price found support near the $0.3050 level. ADA is now recovering higher and might aim for more gains above the $0.3360 resistance. ADA price started a recovery wave from the $0.3050 level. The price is trading above $0.320 and the 100-hourly simple moving average. There was a break above a key bearish trend line…
The Cardano (ADA) ecosystem has undergone several changes over the past week. The network underwent the much-awaited Chang hard fork, which brought about changes in the market. Despite this, ADA went on to slip from the coveted top ten. Cardano’s market cap dropped to a low of $11.74 billion, pushing it down to the 11th…
Analyst Dan Gambardello predicts potential 1,000% rally for ADA against Bitcoin. ADA posts 2.5% increase but investors still face 9.4% weekly losses. Bullish divergence in ADA/BTC pair resembles 2020 pattern preceding major surge. Cardano (ADA) finds itself at a potentially pivotal juncture as renowned analyst Dan Gambardello identifies a bullish divergence in its price action…
Dan Gambardello, founder of Crypto Capital Venture, hinted at a potential rally for Cardano (ADA) based on a four-year price trend. A long-time Cardano supporter, Gambardello has always projected a massive uptick for ADA. His latest analysis on ADA has raised optimism among investors in the Cardano Community. Dan Gambardello’s Current Cardano Market Outlook In…
Ripple’s XRP token and Cardano (ADA) are among the most popular cryptocurrencies in the market. Despite their popularity, both crypto assets have faced substantial headwinds over the last few years. XRP has struggled to reclaim the $1 mark since late 2021, while ADA last traded above $1 in April 2022, over two years ago. Also…
Cardano has successfully implemented the Chang hard fork, marking the commencement of the Conway era, a significant step in the blockchain’s journey toward full decentralization. This upgrade that occurred at block 10,764,778 on Sunday incorporated the CIP-1694 governance model, which now allows ADA holders to vote directly on the network’s decisions. The Cardano Foundation praised…
Cardano recently underwent an important update called the Chang hard fork. This move, among other things, introduced new on-chain governance mechanisms that allow users to make decisions about the network’s governance through delegated representatives, also commonly referred to as DReps. This has raised some questions, and Charles Hoskinson, the project’s founder, has just shed some…
September 5, 2024 at 11:09 AM GST updated: September 5, 2024 at 09:58 AM 2 mins read News Cardano shows a bullish divergence similar to 2020, when ADA surged over 1,000% against Bitcoin. RSI and price action indicate ADA’s selling pressure is weakening, potentially signaling a reversal. Historical patterns suggest Cardano may be poised for…
September 5, 2024 at 07:00 AM GST updated: September 4, 2024 at 05:27 PM 2 mins read News Bitcoin(BTC) the Cryptocurrency King Current price:$58,321.83 Market cap:$1.15T To affirm its position among the most valuable markets Bitcoin got to 1 trillion dollars. Bitcoin can be regarded as the first and the most important application of the…
September 5, 2024 at 06:00 AM GST updated: September 4, 2024 at 05:15 PM 3 mins read News With continuous changes within the cryptocurrency market, five coins in particular are doing great in the market and are most likely going to be the cornerstones of the future of finance: Ethereum (ETH), Binance Bitcoin (BNB), Solana…
Charles Hoskinson, has spoken out about the achievements post the Chang upgrade. At the time of writing, ADA is trading at $0.3228, down 0.50% in the last 24 hours. In the early trading session Wednesday, the price of Bitcoin continued its precipitous decline from Tuesday, falling to a low of $55,555. As a result, Bitcoin…
September 4, 2024 at 11:18 PM GST updated: September 4, 2024 at 02:31 PM 2 mins read News Cardano, YurekAI, and Tokenance’s RE-Twin.com use blockchain to securely tokenize real estate details, simplifying transactions. RE-Twin.com provides digital twins on Cardano’s blockchain, ensuring secure, transparent property records without crypto wallets. The partnership enhances global real estate transactions,…
September 4, 2024 at 10:49 AM GST 2 mins read News Rould Pal’s comments on ADA and XRP being cults come off as very ignorant. Levi defends both assets and points to how they will outperform ETH and SOL. The crypto community takes a moment to analyze their favorite crypto assets. The most beloved altcoin…
Charles Hoskinson, founder of the Cardano cryptocurrency and CEO of IOHK, has shared his perspective on on the state of the Cardano ecosystem following its recent Chang update, which enhanced the blockchain to include onchain governance. Hoskinson praised Cardano, stating that it dwarfed Bitcoin, and reached “one of the greatest technical achievements in human history.”…
Cardano has launched its Chang Hard Fork, an opening update that brings decentralized governance to the platform. The hard fork is the first step to full governance, and the second is expected to be completed in 2025. The move significantly changes how Cardano operates: moving away from a centralized governance system to one where the…
The price of Cardano is currently seeing difficulties as a result of being overvalued and a lack of investor trust, indicating that it may require further time to recuperate from the recent Chang hard fork. The Cardano Network Value to Transaction (NVT) ratio has recently achieved its highest level of the year at 6.43, suggesting…
TL;DR Cardano (ADA) was among the cryptocurrencies experiencing the highest increase in social volume at the start of this week. Ripple (XRP) and Solana (SOL), which were previously trending, did not make the list this time. Here Are the Leaders According to crypto analytics platform Santiment, Bitcoin (BTC), Cardano (ADA), and Velo Protocol (VELO) have…
Este artículo también está disponible en español. In a video analysis delivered to his 368,000 YouTube subscribers, Dan Gambardello explains why he believes that ADA remains fundamentally bullish despite the -17% price drop over the past 10 days. Gambardello emphasizes several key developments and technical setups within the Cardano ecosystem, particularly focusing on its recent…
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…
On Sunday, September 1, the Cardano blockchain successfully conducted the Chang hardfork upgrade entering the Voltaire era of decentralized governance. This makes Cardano one of the first major blockchain networks to implement a token-based governance system. The blockchain’s CEO Charles Hoskinson said that Cardano’s recent upgrade puts it above Bitcoin in matters of decentralization. Charles…
The Cardano ecosystem has launched the Chang Upgrade, a significant update that will transform key aspects of the network. The upgrade, which has been delayed, will bring governance rights for token holders and enable decentralized governance within the network. This will allow token holders to elect governance representatives and vote for future developments. Cardano’s upgrade…
On Sept. 1, the Cardano blockchain completed the first phase of its Chang hard fork, signaling a new era of decentralized governance for the network. The upgrade is a significant achievement for Cardano, marking a pivotal step toward fulfilling its vision of a fully self-governing, decentralized network. The move is also said to set it…
Like Solana, Cardano is an Ethereum competitor for smart contracts powered by blockchain techniques. But Cardano critics have said that it is overly centralized for a cryptocurrency. As a result, Solana has overtaken Cardano in total market capitalization, and Avalanche (AVAX) is close behind. The market’s favor for Solana has been especially pronounced in meme…
Cardano (ADA) has launched the first stage of the much-anticipated hard fork, with the second stage expected after 90 days. According to an analyst, ADA could rise as high as $75 once Bitcoin reaches $500,000. Cardano (ADA) has officially launched the first stage of its Chang hard fork, marking a huge step towards the full…
September 2, 2024 at 01:40 PM GST updated: September 2, 2024 at 01:20 PM 1 min read News Cardano’s Chang hard fork empowers ADA holders to elect representatives and vote on development proposals. The upgrade introduces three governance bodies: Constitutional Committee, Delegate Representatives (dReps), and Stake Pool Operators (SPOs). Cardano’s governance transition aims for full…
September 2, 2024 at 06:18 AM GST updated: September 1, 2024 at 01:12 PM 2 mins read News Ethereum, Cardano, Tron, Avalanche, and Solana are developing the decentralized finance market. Each has its use cases and targets its audience. These coins are the market leaders and their developers, who determine trends and parameters concerning the…
Charles Hoskinson’s new platform aims to provide Brazil with a censorship-resistant social media solution amid government crackdowns on traditional platforms. This move highlights Cardano’s broader mission of decentralization and could enhance Cardano’s visibility and influence in global digital governance. Alongside recent developments like Cardano’s preparation for a major governance shift with a new Constitutional Committee,…
Cardano’s (ADA) price was unable to capitalise on last week’s advances and fell. In the last week, ADA has fallen 12.70% in value and broke a crucial threshold of $0.3444. The founder of the Cardano blockchain, Charles Hoskinson, has declared his intention to establish a decentralized social media platform in Brazil. X, formerly known as…
Cardano (ADA) price could not capitalize the gains this week and declined, wiping out most of the gains of the previous week. The asset’s price recorded a significant bounce back in the previous week adding 18% to the market cap. However, as ADA price week dropped this week, it may disappoint investors pegging their hope…
TL;DR ChatGPT highlighted Ethereum (ETH) as the leading contender for a strong rally in the following months (among the altcoins). Somewhat surprisingly, the chatbot did not include Ripple (XRP) as one of the potential gainers. The Full List 2024 has so far been quite successful for numerous alternative coins, whose prices soared substantially. Despite the…
My name is Godspower Owie, and I was born and brought up in Edo State, Nigeria. I grew up with my three siblings who have always been my idols and mentors, helping me to grow and understand the way of life. My parents are literally the backbone of my story. They’ve always supported me in…
Binance has announced that it will support the upcoming Cardano’s (ADA) Chang hard fork, which is now scheduled for September 1 at 21:45 UTC. The exchange said it would temporarily cease Cardano token deposit and withdrawal services during the upgrade to avoid complications. Additionally, Binance will oversee all technical matters involved in the migration process…