ADA fails to break out of bullish descending wedge due to changing market conditions. Investor bullishness diminishing as large wallet holder activity drops 32% in a month. Price could drop to $0.31 or potentially rally to $0.53 if breakout occurs. Cardano (ADA) finds itself at a critical juncture as its anticipated breakout from a bullish…
Intersect, a Cardano membership organization, announced that the highly anticipated Chang hard fork will occur on Sept. 1, according to an Aug. 29 statement shared with CryptoSlate. Intersect highlighted that the Chang hard fork is a revolutionary step for the ecosystem, marking the final phase of the network’s decentralization process, Voltaire. Intersect director Jack Briggs…
August 29, 2024 at 02:00 PM GST updated: August 29, 2024 at 07:07 AM 3 mins read Press Release As hype increases for TRON and Cardano, analysts believe they could return to their previous highs. However, new play-to-earn gem Rollblock could amass significant gains exceeding 100x as soon as Q4 of this year. Read CRYPTONEWSLAND…
August 29, 2024 at 03:45 AM GST updated: August 29, 2024 at 12:40 AM 2 mins read News Cardano sets Sept 1, 2024, for Chang hard fork, enhancing network with community-driven governance. Cardano’s Chang upgrade introduces on-chain governance, advancing its Voltaire development phase. Cardano boosts global presence, forging educational blockchain partnerships in Argentina. The Cardano…
August 29, 2024 at 08:04 AM GST 2 mins read News The silence for Cardano (ADA) CEO Charles Hoskinson on X led to death rumors. Hoskinson was believed to be either missing or dead by members of the crypto community. Hoskinson’s prompt return to X after a mountain climb put an end to these rumors….
August 29, 2024 at 05:17 AM GST updated: August 28, 2024 at 10:39 PM 2 mins read News Notcoin’s tap-to-earn mining model and community engagement drive its growing market interest. Jupiter’s focus on data privacy enhances its appeal in the expanding market for secure transactions. Solana’s high transaction speeds and low costs position it as…
One of the biggest upgrades on the Cardano network is set to be deployed in the next three days. It will introduce new features and finalize the blockchain’s transition into a community-run network. The Chang hard fork was initially scheduled to go live on Tuesday, August 27, per an announcement on August 20; however, Cardano…
According to a recent report by data intelligence firm Messari, Cardano and its native token, ADA, experienced a notable decline in the second quarter (Q2) of 2024, reflecting the broader downturn affecting the cryptocurrency market. Key performance indicators also showed significant decreases in various metrics. Price Plunge, Market Cap Dips To $14 Billion According to…
ADA price up in 7 days, nearing breakout from descending trend line since May 20. Technical indicators (OBV, Elder-Ray, Awesome Oscillator) signal bullish momentum. Potential targets: $0.39 if breakout occurs. Cardano (ADA) finds itself at a critical juncture as it approaches a potential breakout from a descending trend line that has constrained its price action…
The cryptocurrency market is healing, with Bitcoin inching to reclaim the $70K mark again. As BTC moves ahead, the altcoin market is also under work, with certain coins gearing up to deliver bullish returns by the end of the year. Here are the top 3 trending coins under $2 for people to explore and experiment…
August 27, 2024 at 05:17 AM GST updated: August 26, 2024 at 08:03 PM 2 mins read News With the cryptocurrency market evolving, several coins promise potential growth by 2024. Due to their new technologies, applications, and high community demand, these altcoins are gaining investors’ attention besides Bitcoin and Ethereum. This article will discuss five…
August 27, 2024 at 01:17 AM GST updated: August 26, 2024 at 07:21 PM 3 mins read News XRP leads in cross-border payments with near-instant settlement, offering an efficient alternative to traditional global payment systems. Polkadot’s interoperable multi-chain protocol enhances cross-chain communication, positioning it as a key player in the decentralized Web3 ecosystem. Cardano’s research-driven,…
Digital asset investment products attracted $533 million in inflows last week, the biggest in over a month, following Jerome Powell’s hint at the Jackson Hole Symposium that an interest rate cut might occur in September. While trading volumes were lower than in recent weeks, these products still totaled $9 billion for the past seven days….
As the Cardano (ADA) community awaits the upcoming hard fork, the price of ADA was seen slipping. The altcoin has struggled to retain itself in the top 10. Cardano is currently the 11th largest cryptocurrency with a market cap of $13.36 billion. Tron (TRX) and Toncoin (TON) have taken over this asset. Amidst this, the…
Cardano (ADA) has been stuck in a challenging position for the past few years, struggling with stagnant price growth despite being one of the most popular altcoins in the space. A crypto analyst has offered insights into why Cardano has underperformed while also maintaining an optimistic outlook and predicting a 1,000% rally to new highs…
Cardano has rescheduled its Chang hard fork to September 1, shifting the original date from August 27 in order to provide additional time for exchanges and decentralized apps to make necessary preparations. Intersect’s announcement guarantees that the ecosystem is completely prepared for this important update, marking a significant milestone in Cardano’s progression into the Voltaire…
In just seven months—roughly 236 days—since the year began, the crypto economy has ballooned by a staggering $623 billion. The top crypto asset, bitcoin, has seen its market value soar by more than $20,000, while ethereum, the second-largest by market cap, has climbed over $470 during this period. Top 10 Crypto Market Climbs From $1.37T…
Cardano and Algorand may be close to cementing a sought-after partnership that might see a part of their chains merge. Since at least last year, Cardano Founder Charles Hoskinson has been sharing a proposal for Algorand to merge as partnerchain. The conversation took a new twist on X recently, with Gary Malouf, the Chief Technology…
Charles Hoskinson, the founder of Cardano, has recently expressed his support for an alliance between RFK Jr. and Donald Trump for the upcoming U.S. election. He also recently supported RFK Jr.’s speech and indicated a hardline approach toward pro-cryptocurrency policies should Trump become president. Endorsement Details and Strategic Implications Charles Hoskinson expressed his support on…
Artificial intelligence has been one of the hottest topics in the cryptocurrency industry (and well beyond it) for more than a year now, and many teams are looking for ways to leverage their tech stack and build off of AI. Charles Hoskinson, the founder of Cardano, recently took to X to share his thoughts on…
The Cardano (ADA) community was disappointed to learn that the much-anticipated Chang hard fork will no longer go live this month. In an X post by Charles Hoskinson, the Cardano Founder, the team needed to shift the launch to accommodate some exchanges yet to get their “house in order.” Notably, Hoskinson mentioned Binance, among other…
Cardano has gotten a lot of bullish predictions lately, especially in relation to the much-anticipated Chang upgrade. The upgrade is one of the most important upgrades for the network in a while, and this has triggered a wave of optimism among supporters. Amid this, another bullish prediction has been presented by crypto analyst Alan Santana,…
Raoul Pal criticizes Cardano and XRP for losing their innovative edge, advising investors to avoid them. XRP and ADA have struggled in the market, with both facing significant resistance and declining in value. Raoul Pal, a prominent economist, recently voiced concerns over the future of two major altcoins, Cardano (ADA) and Ripple’s XRP. In a…
ADA rebounds to $0.37 after August 5 market sell-off. Futures open interest up 21%, reaching $191 million with positive funding rates. Technical indicators suggest potential for further gains, with $0.40 as next target. Cardano (ADA) has demonstrated remarkable resilience in the wake of a market downturn, staging a compelling recovery from its August 5 low…
August 23, 2024 at 02:00 PM GST updated: August 23, 2024 at 12:27 PM 4 mins read Press Release While the weather might be cooling down in some places, the same can’t be said for these red-hot cryptocurrencies that are catching everyone’s attention. If you’ve been keeping an eye on the market or even just…
Cardano (ADA) has struggled to maintain itself in the top 10. The asset is the 10th largest cryptocurrency, with a market cap of $13.7 billion. But Tron’s TRX isn’t too far away and is, in fact, on the verge of taking down ADA. However, the altcoin surged by 2.11% over the past 24 hours. ADA…
On-chain data has provided insights into how Cardano (ADA) investors will likely react to the crypto token’s recent price surge. Cardano has been one of the leading gainers in the crypto market in the last seven days, with a price gain of over 14% during this period. Related Reading Cardano Could Face Significant Selling Pressure…
Crypto analyst @XForceGlobal shared a new video chart analysis focused on Cardano (ADA), a cryptocurrency that many are dismissing as a “dinosaur coin” at the moment. In the analysis, XForceGlobal (@XForceGlobal) provided an in-depth look at Cardano’s current position within the Elliott Wave cycle, suggesting that ADA is on the of entering a strong upward…
August 23, 2024 at 02:00 AM GST updated: August 22, 2024 at 11:25 PM 2 mins read News This week’s 5% increase in ADA price increases its market capitalization due to the upcoming Chang hard fork. The impending hard fork will improve Cardano’s governance and move toward a more decentralized model. Chang’s hard fork has…
The excitement continues to build within the Cardano (ADA) community as the highly anticipated Chang hard fork gets ready to launch. Ahead of the upcoming upgrade, ADA, the native token of the Cardano ecosystem, has exploded by over 52% in this key metric. Cardano Releases Date For Chang Upgrade Intersect, a member-based organization for the…
Cardano prepares for Chang hard fork, introducing advanced voting mechanisms. ADA competes with TRX for 10th place in cryptocurrency market cap rankings. Community anticipates potential price impact and ecosystem growth post-fork. Cardano stands on the cusp of a major transformation as it prepares to implement the Chang hard fork, a pivotal upgrade championed by co-founder…
Cryptocurrencies are buzzing with potential, and 2024 is shaping up to be a thrilling year for those looking to ride the wave. As the market twists and turns, certain digital assets are emerging as frontrunners, thanks to their groundbreaking tech and eye-catching growth prospects. Whether you’re a seasoned crypto enthusiast or just dipping your toes…
Cardano (ADA) is one of the most developmentally active cryptocurrency projects in the market. The asset seems to follow the market-wide rebound, rallying 3.8% in the daily charts, 8.6% in the weekly charts, 9.6% in the 14-day charts, and over 40% since August 2023. Despite the rally, ADA is still down by 13.9% over the…
August 22, 2024 at 03:08 PM GST 2 mins read News ADA is in a bullish falling wedge pattern and is approaching a critical resistance level that could trigger a breakout. High on-chain usage helps ADA remain bullish, including intelligent contracts and staking pools. Increasing market attention and possible future Cardano developments can create even…
Cardano (ADA) has been in the headlines for a lot of reasons. While the asset has been struggling to stay in the coveted top 10, the network has been prepping for the upcoming hard fork. Sadly, ADA failed to maintain its place in the top 10 and is currently positioned as the 11th largest cryptocurrency….
Raoul Pal of Real Vision recently advised investors to make their investment decisions without emotions and fear by offloading their XRP and ADA to favor emerging assets. Cardano co-founder Charles Hoskinson responded to Pal’s comment, calling the Ripple CEO for a “secret cult meeting.” Charles Hoskinson, the co-founder of Cardano (ADA), has issued a savage reply…
The Cardano blockchain’s native cryptocurrency ADA is hovering around the $0.35 mark on Wednesday. The leading altcoin has surged by 33% in a year, delivering decent returns to investors who took an entry position in Q2 last year. Most investors are waiting for ADA to climb above the $1 mark and eventually breach its all-time…
Intersect, a Cardano membership organization, has proposed the Chang hard fork for implementation on Aug. 27. In an Aug. 20 post, Intersect explained that its proposal was based on a thorough review of the project’s progress, community feedback, and the Chang hard fork working group’s sentiments. It stated: “SPO-readiness was confirmed last week, the exchange…
August 21, 2024 at 12:36 PM GST 2 mins read News Cardano’s August 27th hard fork marks the start of decentralized governance under the Age of Voltaire. The hard fork will unlock Cardano’s $600 million sovereign wealth fund for community-driven decision-making. Cardano’s governance evolution focuses on reliability, collective intelligence, and decentralization. Cardano is about to…
In an unexpected twist of events, Cardano (ADA) has officially been ousted from the top 10 cryptocurrencies by market capitalization. The popular altcoin has also been usurped by Tron (TRX), marking a significant shift in the crypto market. Cardano’s Fall From Grace According to reports from CoinMarketCap, Cardano has dropped out of the top 10…
Cardano (ADA) has long been consolidating and waiting to show potential breakout streaks. At press time, the token was sitting at a price level of $0.34 and had been stuck between the price range of $0.30 and $0.45 for a long time. With the Chang hard fork under work, the token may significantly take an…
Based on recent market data, the cryptocurrency cardano (ADA) has fallen out of the top ten rankings, making way for tron (TRX) to take its place. ADA has struggled to hold its ground among the leading cryptocurrencies this year, and in the past 30 days alone, it has dropped 23% against the U.S. dollar. Once…