Djed didn’t lose its USD peg during the recent turmoil in the stablecoin market, Djed’s TVL saw gains of 17% since the USDC depegging saga, Cardano’s [ADA] stablecoin Djed, which launched earlier this year, may soon expand to other layer-1 networks like BNB Chain [BNB] and Ethereum [ETH]. Read Cardano’s [ADA] Price Prediction 2023-24 The CEO of … Read more
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion The lower timeframe market structure has flipped bearish. A critical support level could see a bullish reversal. Cardano [ADA] was in a downtrend from 16 February to 11 March, but over the past ten … Read more
Cardano (ADA), the cryptocurrency that underpins the smart-contract-enabled Cardano blockchain, was trading at around $0.34 per token, at press time. It was up about 4% on the day amid a larger cryptocurrency rally but was slightly boosted by the good news about the Cardano development team delivering a new network upgrade. ADA-denominated value of coins … Read more
Cardano suffered a decline in financial metrics in Q4 2022. However, the daily transactions dApp transactions count rallied during that period. House to over 1000 decentralized applications (dApps), a new report from Messari revealed that the leading Layer 1 blockchain Cardano [ADA] saw growth and some corresponding declines in Q4 2022. Titled “State of Cardano … Read more
Cardano’s weekly development report highlighted efforts made by developers over the last week. On-chain performance remained decent, and price action turned bullish. Cardano’s [ADA] development activity took a back seat for the majority of last week as it went sideways. However, the graph managed to register a spike on 16 March, after which it once … Read more
Cardano (ADA) whale transactions have been witnessing significant spikes over the past weeks. ADA price has, however, been having a different reaction over the same period. In recent weeks, Cardano’s (ADA) price has seen a fall, with just a few encouraging signs. Despite this, there has been a notable rise in the number of whale … Read more
Social sentiment in connection with Cardano has begun to rise Project’s TVL also hiked while its founder pushed for a bank-free crypto-sector Cardano [ADA], the decentralized Proof-of-Stake (PoS) blockchain, has put up with consistent neglect by folks in the crypto-channel. The lack of attention given to the network might be surprising though, especially as the … 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’s four-hour chart was bullish. The bulls had minimal leverage as per long vs. short positions. Cardano [ADA] rebounded strongly after hitting its recent low of $0.3020 on 12 March. It saw aggressive buying … Read more
Disclaimer: The datasets shared in the following article have been compiled from a set of online resources and do not reflect AMBCrypto’s own research on the subject. Cardano (ADA), like Bitcoin and much of the market, has shown signs of some southbound momentum on the back of recent market turmoil. Despite the market decline, however, whales … Read more
Cardano token continues to fail in its combat against a downswing. Long-term ADA holders are beginning to lose interest as the broader market becomes hostile. Cardano [ADA] found itself in familiar territory as strange occurrences filled the crypto market in the last six to twelve hours. Barely able to produce gains for investors for quite … Read more
