Cardano broke above $0.40 but quickly retraced 22% in the last two weeks. Social sentiment and recent buying patterns of crypto whales suggest that investors may be positioning for the next rally. Cardano Flashes Bullish Signals On February 16, Cardano crossed $0.41, in a bullish move that sent its year-to-date performance above 67%. However, by … Read more
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. ADA faced a price rejection at $0.4214. Demand for ADA in the derivatives market fell sharply, but sentiment remained positive. Cardano [ADA] posted a 10% hike on 15 February after Bitcoin [BTC] reclaimed the … Read more
The long-awaited launch date of the ‘Djed’ Cardano stablecoin has been announced. ADA prices have tanked today, but there could be a revival next week. On Jan. 25, the COTI Network announced that the Cardano stablecoin would be launched next week. It did not specify a day, but previous blog posts have indicated that it … Read more
Cardano (ADA) is very close to falling below its yearly lows. It could confirm its bearish outlook with a decrease below $0.423. The Cardano Vasil upgrade is expected to launch on Sept. 22. It will greatly increase the throughput capabilities and Network capacity of Cardano. Additionally, it will allow Decentralized Application (DApp) developers to create … Read more
In a September 18 broadcast, Cardano founder Charles Hoskinson revealed that the Vasil hard fork implementation is now in its final stage after the hard fork combinator request was accepted. Hoskinson continued that the automated process of implementing the Vasil upgrade has started, adding that “we all gonna sit back and watch the Vasil rocket … Read more
US trading platform Robinhood said that it would start listing Cardano among its cryptocurrency offerings, according to an announcement. The tweet from the San Francisco-based firm implied that Cardano was finally being added after receiving significant demand from its customers. With a market capitalization of $15 billion, Cardano is currently the eighth largest cryptocurrency, according … Read more
Cardano’s [ADA] move to improve scalability within its network may have been delayed. However, the Proof-of-Stake (PoS)-based cryptocurrency did not seem to be bothered about the development. As of 29 July, ADA flipped Ripple [XRP] to become the seventh largest cryptocurrency in market value. Delay not denial According to Santiment, the flip happened as ADA’s … Read more
Due to an influx in liquidity in decentralized protocols and applications (dApps), Cardano continues to soar in total value locked in March 2022. Sponsored Sponsored Cardano has been an integral part of the blockchain technology space since its launch in 2017 by Charles Hoskinson. Although the project lacked use cases in the first four years … Read more
The active address count on the Cardano network increased by more than 200% this month. The number currently stands at 191,500, though it peaked at 485,000 towards the tail end of November. Sponsored Sponsored The number of active addresses on Cardano has jumped by more than 25% in November 2021, according to data from Messari. … Read more
Crypto exchange eToro released a statement indicating that it is limiting support for Cardano (ADA) and TRON (TRX) positions and discontinuing staking for its U.S. customers. Sponsored Sponsored Starting Dec 26, 2021, U.S. users on the eToro platform will not be able to open new positions on ADA or TRX, and staking for both assets … Read more
