ADA

Amid the recent downturn in the global crypto market, a recent Crypto Banter Dylan’s Trading Show session has caught the eye with some bold claims regarding what comes next for Solana and Ethereum and some negative sentiment on XRP and ADA. Over the past years, crypto analysts in the industry have been discovering and analyzing patterns in the market because this could help them predict future directions. So far, a decrease in Bitcoin‘s dominance is considered good for altcoins. According…

Bitcoin (BTC) continued to drop over the weekend despite a sharp bounce on Saturday, which saw the cryptocurrency climb back above $58,000. However, selling pressure pushed the price back down, with BTC trading around the $55,600 mark.  The sudden drop in the price of BTC can be attributed to a couple of major factors that have led to panic selling, although Saturday’s rebound indicates strong demand at lower levels.  A Market In Panic  Bitcoin (BTC) has dropped to levels not…

Charles Hoskinson defends Cardano against claims it’s “dead to institutions.” Hoskinson dismisses concerns, emphasizing cryptocurrencies’ goal to disrupt traditional finance, not court institutional approval. Charles Hoskinson, the founder of Cardano, has responded to remarks by prominent crypto influencer Ben Armstrong, known as BitBoy, who suggested that Cardano (ADA) and Polkadot (DOT) have lost their appeal to institutional investors. On July 3, Armstrong reignited his controversial claims, made in an April YouTube video stating that Cardano and Polkadot are ‘dead’ in…

The post Experts Predicting Hottest Crypto Presale Of This Year To Make Bigger Gains Than DOGE, XRP and ADA Combined appeared first on Coinpedia Fintech News 2024 has been a rollercoaster for crypto investors so far, as an incredible Bitcoin ETF boom has since died down and led to the current post-halving slump across the entire market. Established coins like Dogecoin (DOGE), Ripple (XRP) and Cardano (ADA) have all seen gains in market cap vanish across the board in the…

Cardano Founder Charles Hoskinson responded to Ben Armstrong’s comments about ADA status as a ‘dead coin’. Hoskinson’s reply sparked a conversation about the state of the crypto industry and what’s valued in projects. Cardano And Polkadot Labeled ‘Dead Coins’ On Wednesday, crypto influencer Ben Armstrong, known as BitBoy Crypto, shared his thoughts on Cardano (ADA) and Polkadot (DOT). The influencer took X to explain his previous comments, stating that both cryptocurrencies were dead. In a YouTube Video from April, Armstrong…

Bitcoin (BTC) has seen a sharp drop during the week, with selling pressure continuing to mount. The cryptocurrency is struggling to trade above $60,000 and is down by over 2% during the ongoing session. Additionally, the gains made by altcoins are also beginning to turn red as the crypto market sees a significant slide. Is this a correction, or are we seeing the bull market ending? Bitcoin (BTC) Dives Below $60,000 Bitcoin (BTC) fell to a low of $59,317 on…

Cardano (ADA) is showing potential for recovery, with investor confidence reflected in the increasing Mean Coin Age metric. The Global In/Out of the Money (GIOM) metric indicates that ADA could become profitable if its price rises above $0.42, attracting more investors. Cardano (ADA) is showing signs of a potential recovery, buoyed by consistent support from its investor community and positive market indicators. Despite experiencing lower lows throughout June, resilience and optimism among ADA holders could play a pivotal role in…

Cardano (ADA) has correlated with the broader market, experiencing a retracement from its yearly high of $0.810 in March to as low as $0.357 on June 22. However, ADA has now deviated from the struggles of Bitcoin (BTC) and Ethereum (ETH), exhibiting a 2% increase in the past 24 hours and over 12% in the past two weeks. Explosive Rally For Cardano Intriguingly, technical analysts believe that ADA could be on the verge of an explosive rally in the coming…

Cardano price started a steady increase above the $0.400 resistance. ADA is now consolidating gains and might aim for more gains above $0.4225. ADA price started a fresh increase and traded above $0.420. The price is trading above $0.4120 and the 100-hourly simple moving average. There are two key bullish trend lines forming with support at $0.4120 and $0.4080 on the hourly chart of the ADA/USD pair (data source from Kraken). The pair could start a fresh increase unless there…