ADA

Bitcoin (BTC) saw a slight pullback last week, dropping the price to a low of $65,117. However, it registered a strong recovery and, besides facing significant volatility on Saturday, resumed its push towards the psychologically crucial $70,000 mark. BTC’s rally could be the result of several developments over the weekend, notable being former president Donald Trump’s supportive remarks for the asset during the 2024 Bitcoin conference. Trump also proposed allocating a portion of BTC currently held by the US Department…

Cardano is at a significant milestone with the impending Chang hard fork. This pivotal moment follows the recent upgrade of its node validation software before the upgrade goes live. As the Cardano ecosystem gears up for this major update, the network is experiencing a surge in activity that could determine its trajectory in the coming weeks. Amidst this heightened activity, Cardano’s cryptocurrency, ADA, has demonstrated an interesting price performance. ADA has seen positive price action in the past 24 hours,…

The post XRP, ADA and Other Altcoins To Stack Before Trump’s Speech In Nashville appeared first on Coinpedia Fintech News Bitcoin has clawed back most of its losses from the week, with traders eagerly awaiting former U.S. President Donald Trump’s appearance at the Bitcoin 2024 conference in Nashville, Tennessee. Interestingly, Bitcoin gained more than 1% today as Trump seems to have shifted his stance on digital currencies this election cycle. Analyst Altcoin Buzz said that this week, crypto whales have…

Cardano (ADA) is currently in a pronounced seven-day decline, which was exacerbated by a fresh descent below the $0.41 mark. This decline is part of a broader trend observed across many altcoins, which have reacted negatively to Ethereum’s significant drop in the last 24 hours. The decline represents a correction from a bullish run that began earlier in the month, during which ADA holders saw good gains. Consequently, this up-and-down movement has created some critical support and resistance levels for…

Cardano has been under pressure and selling off in the past four months. From the ADAUSDT daily chart, it is evident that bears have been in control. After peaking in March, prices plunged by as much as 60% before finding support in mid-July. Since then, ADA has recovered slightly, but bears have not relentred, especially this week. So far, ADA is still 50% after the spike in March. This set of conditions could explain traders’ bearish stance on multiple perpetual…

The post Cardano ETF Hype Heats Up: Could ADA Hit $3.10 Again? appeared first on Coinpedia Fintech News After the success of Bitcoin and Ethereum ETFs, attention is now turning to Cardano (ADA), with rumors about a possible Cardano ETF gaining traction. Recently, Cardano Founder Charles Hoskinson sparked optimism with a tweet suggesting that a Cardano ETF might be on the horizon.  Could this new development push the Cardano (ADA) price back to its all-time high of $3.10? Is Cardano…

The post Cardano ETF Up Next? ADA Founder Hints Amidst Ethereum ETF Buzz appeared first on Coinpedia Fintech News As the spot crypto ETF race intensifies, there are growing speculations of more crypto ETFs. After Ethereum’s spot ETF recently started to trade, the focus has now shifted to ADA. The Cardano founder recently responded to a question from Tap Tools on the X platform. It questioned whether the ADA ETF is up next, to which Hoskinson replied with a playful…

The cryptocurrency market has seen a recent downturn, with Cardano (ADA) experiencing a notable decline, dropping below the $0.4233 mark. This drop can be attributed to the recent shift in market sentiment towards a bearish outlook. The critical question now is whether this bearish momentum will continue or if a potential rebound is on the horizon. This article examines the current market position and technical indicators to offer a comprehensive analysis of the impact of ADA’s price falling below $0.4233.…

Cardano price started a fresh decline below the $0.4120 support. Ethereum’s decline seems to be dragging ADA lower toward the $0.380 support. ADA price started a fresh decline from the $0.450 resistance zone. The price is trading below $0.4120 and the 100-hourly simple moving average. There is a key bearish trend line forming with resistance at $0.4060 on the hourly chart of the ADA/USD pair (data source from Kraken). The pair could continue to move down and test the $0.380…