Cardano: With whales accumulating, is ADA being set up for a pump-and-dump

In an interesting development, Cardano holders with a supply of 10 million+ ADA have suddenly noticed a spike. The number of addresses in this cohort has risen by 12 within the last two weeks, which means that altogether this group of investors has now added at least 120 million ADA more to its stash and… … Read more

Cardano: Analyzing ADA’s case as an excellent multibagger candidate

Cardano, over the weeks, has motivated and destroyed investors’ dreams alike as the coin almost shot up by 55% a few weeks ago, and now it is back to where it was two months ago. However, there are now some indications of tides changing in favor of the altcoin. Cardano to start rallying again? According … Read more

Cardano [ADA] bounces on the back of positive sentiment but will it sustain

Cardano’s native token ADA has enjoyed significant bullish recovery in the last three days as the broader cryptocurrency market sentiment improved. It is however, currently in the fear territory, as opposed to extreme fear in the previous week. The sentiment adjustment was timely because it allowed ADA to recover after coming into contact with its … Read more

Had Cardano whales already predicted April’s 30% dip? Data reveals…

Cardano’s snags do not seem to be coming to an end soon. Ever since the altcoin rallied back in March, it was expected to draw in more investors and money as the market entered the second quarter. However, the beginning of the second quarter went in another direction as, since the beginning of April, Cardano … Read more

Cardano: Is ADA finally due for another breakout?

Cardano is among the cryptocurrencies that come to mind when contemplating the most bearish top digital currencies from their all-time-highs. One of the reasons for its bearish performance is the Cardano blockchain’s gradual development. The slow development has delayed Cardano’s ecosystem of organic growth and this has consequently affected ADA’s price action. This has especially … Read more

Cardano [ADA]: A further recovery may be on the cards thanks to this…

Cardano seems to be returning to the level of demand it had before the altcoin suffered a terrible crash. The last few weeks have been particularly helpful in bringing back the community to ADA led by the biggest holders and influencers in the Cardano community – its whales. Cardano whales egging on the rally Since … Read more

What next for Cardano now that $1-resistance is broken

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Cardano has broken out of a falling wedge that has been in play for many months now. The $1 resistance level, and the area of supply just above it, have been broken. Moreover, the $1.22 … Read more

Indonesia’s trading regulator approves trade Bitcoin, Ethereum, Cardano, but not…

Crypto-trading in Southeast Asia can range from commonplace to a religious crime. However, investors in Indonesia could soon trade cryptocurrencies – legally. On 30 January, CNBC Indonesia reported that the country’s trading regulator – the Commodity Futures Trading Supervisory Agency (CoFTRA) – has issued a permit to trade digital currencies/crypto within the country. What’s more, … Read more

Cardano’s Africa: An early adopter, an experiment, or more of the ‘C’ word?

Crypto loves to travel. But, far from just surfacing at flashy fintech festivals, blockchains have now reached the world’s most unbanked countries and territories. For instance, El Salvador was on the map long before the country adopted Bitcoin, thanks to the El Zonte “Bitcoin Beach.” However, El Salvador’s Bitcoin launch day was marked by protests. … Read more

Hoskinson ‘loves’ the 2022 roadmap for Cardano’s ‘living, growing ecosystem’

For many people who are invested in IOHK’s Cardano network, it is more than just the function of its price. Earlier this month, Cardano Community reported about having surpassed two million ADA wallets. Focus 2022 IOHK CEO, Charles Hoskinson is also looking optimistic about how the project is coming together. He recently stated, “I’m really … Read more