ADA

Layer 1 blockchains are having mixed fortunes in this crypto bull market. Where Bitcoin (BTC) and Solana (SOL) are powering higher,  certain other blockchains are still in the doldrums. $ADA and $AVAX are two of these. Can they go higher? How many layer 1s are needed? One question on whether layer 1 blockchain networks can be viable, is “how many do we need?”. It can be argued that layer 1s can specialise in various niches, and therefore remain valid. However,…

The post OKX To Delist XRP, SHIB, ADA, & 27 Other Cryptos In BTC and ETH Pairs appeared first on Coinpedia Fintech News Crypto exchange OKX will delist XRP, SHIB, and other cryptocurrencies in BTC and ETH pairs in the coming days. The digital asset exchange has moved to delist a total of 40 trading pairs and 30 crypto assets in those pairs. It has disclosed the crypto assets to be delisted in four phases citing the need to maintain…

In a recent weekly report by Input Output Global (IOG), the engineering development company behind Cardano (ADA), significant growth for the blockchain has been unveiled. The report highlights notable achievements in Total Value Locked (TVL), transactions and the increasing number of projects being built on the network. Thriving Cardano Ecosystem Per the report, Cardano has reached a milestone of 94 million transactions, showcasing the network’s growing adoption ahead of scheduled upgrades later this year. The report also discloses a TVL…

Bitcoin (BTC) registered an impressive increase over the weekend, with the price overcoming a crucial resistance level to move above $65,000. The move above $65,000 came after a slight pullback. However, spot Bitcoin ETFs continued to receive inflows, indicating that while markets were cautious, they had not turned bearish.  BTC’s recovery could set it on the path to $70,000 and a new all-time high, with the price on an upward trajectory since it closed above the 200-day SMA on July…

The post ADA And Other Altcoins To Sell Right Away; They Won’t Go Parabolic appeared first on Coinpedia Fintech News On Crypto Banter’s Rans Show, the analyst  discussed the current market dynamics, saying that Bitcoin has returned to a range, now trending towards the upper boundary due to increasing momentum. This momentum has spilled over into altcoins, resulting in a very positive day for them. Looking ahead, Ran speculated about a potentially parabolic stage in the bull market in about…

Cardano price extended gains above the $0.4350 resistance. ADA is now consolidating gains and might correct lower toward the $0.4250 support. ADA price climbed higher and tested the $0.4565 zone. The price is trading above $0.4320 and the 100-hourly simple moving average. There was a break below a key bullish trend line with support at $0.4400 on the hourly chart of the ADA/USD pair (data source from Kraken). The pair could correct lower and test the $0.4250 support zone. Cardano…

Cardano has not been left behind in the ongoing revival as with Bitcoin and other top altcoins. From the daily chart, ADA, the native currency, is up roughly 4% in the last day and 17% in the previous week, according to CoinMarketCap data. Analyst: Bulls To Lift ADA By 2X Even as ADA reverses recent losses, one analyst thinks more will come. In a post on X, the analyst said the coin is gearing up for more price gains that…

The post XRP Price and Cardano (ADA) Price Poised for 200% Gains – Which Will Hit $1 First? appeared first on Coinpedia Fintech News The crypto market cap surged nearly 3 percent in the past 24 hours to around $2.52 trillion on Wednesday during the early London session. While Bitcoin’s (BTC) price rallied above $65k, the altcoin industry – led by Ethereum (ETH), Ripple’s XRP, and Cardano (ADA) – signaled an inevitable rally to respective all-time highs ahead.  Furthermore, Bitcoin’s…

Bitcoin (BTC) has surged past $64,000, having been incredibly bullish as buyers return to the market. BTC’s recent surge indicates strong demand at lower levels, with the cryptocurrency recording weekly inflows of over $1.3 billion, according to data from CoinShares. BTC and other major altcoins could register significant upward movement should the bullish sentiment continue, potentially even reaching new all-time highs. Major Cryptocurrencies Record Significant Inflows Bitcoin (BTC) has rocketed over 12% during the past seven days as bulls returned…