Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
ADA
Cardano Expansion: EMURGO Collaborates with GSR to Conquer Billion-Dollar Market – Can ADA Price Hit $0,50?
EMURGO forms a strategic alliance with GSR to enhance liquidity and market-making within the Cardano blockchain. The partnership aims to foster educational and investment initiatives, supporting an expansive future for Cardano. In line with a previous CNF post on EMURGO and Huawei Cloud: Pioneering Web3 Solutions on the Cardano Blockchain, EMURGO has now announced a strategic partnership with GSR, a prominent global cryptocurrency trading firm. This collaboration is set to enhance liquidity and market-making within the Cardano ecosystem, as emphasized…
1 year ago
Cardano (ADA) Trading Activity Goes Quiet: Will This Drag Down The Price?
Cardano (ADA), the third-generation blockchain platform, has been mirroring a mountain climber clinging to a precarious ledge. After a brief ascent earlier this month, the price has dipped back down, leaving investors questioning the strength of the current uptick. While a recent surge in active addresses hints at renewed interest, technical indicators and declining trading volume paint a picture of an uncertain future. Cardano At A Crossroads Cardano’s current price action presents a complex picture. The recent uptick offers a…
1 year ago
Crypto Analyst Says Cardano Bloodbath Far From Over, Sets Bottom Price For ADA
Cardano has recovered from its April lows and continues to maintain a strong momentum above $0.45. This has prompted expectations that the altcoin will go on a rally from here. However, not everyone shares this sentiment as one crypto analyst expects the price to crash further from here. Cardano Will Crash Back Below $0.45 In the latest video on his YouTube channel that revolved around Cardano’s future trajectory, crypto analyst, ‘More Crypto Online’, revealed why the ADA price is poised…
1 year ago
Cardano Analysis: ADA In Control Of Bear Power After $0.42 Rebound
The post Cardano Analysis: ADA In Control Of Bear Power After $0.42 Rebound appeared first on Coinpedia Fintech News Cardano(ADA) faces a bearish trend with indicators revealing a new corrective phase. The popular proof-of-stake (POS) coin is facing mixed reviews by analysts but the price is shying to hit $0.47 or $5 again. Dropping over 22% in the past month, ADA has already hovered around the crucial support level of 0.457, a correction from here will invalidate any bullish bias.…
1 year ago
Cardano Comeback: Analyst Reveals Why It’s Time To Get Back Into ADA
Cardano (ADA) might be going through a lackluster price action at the moment, but analyst Ali Martinez believes the crypto might be gearing up for a parabolic run. While taking to social media platform X, Martinez talked about an intricate price analysis that ADA investors might find appealing. Particularly, the analyst noted that the cryptocurrency’s current price formation is showing signs of a comeback, according to its price history. Cardano Price History Shows Signs Of Comeback The price of Cardano…
1 year ago
Users Can Now Buy Shiba Inu (SHIB), Ethereum (ETH), Cardano (ADA), Solana (SOL) with PayPal – Here’s How
Following a recent partnership with MoonPay, PayPal users in the United States can now seamlessly purchase Shiba Inu (SHIB) tokens internally. This integration allows users to fund their crypto purchases using PayPal balance, debit cards, or direct bank transfers, without the need for manual input. After the recent collaboration with prominent crypto payment processor MoonPay, PayPal users within the United States can now internally purchase Shiba Inu (SHIB) tokens. MoonPay disclosed the significant partnership with PayPal on Thursday, May 2,…
1 year ago
Crypto Price Analysis May-03: ETH, XRP, ADA, SHIB, and DOT
This week, we take a closer look at Ethereum, Ripple, Cardano, Shiba Inu, and Polkadot. Ethereum (ETH) Ethereum broke under $3,000 and closes this week with a 5% loss. This latest crash in the price made a lower low which shows bears are still in control of the price action. The current support is at $2,900 and buyers have to protect this level at all costs. If they fail, then the next major support will be found at $2,500. Looking…
1 year ago
Michael Saylor Indirectly Labels ETH, XRP, and ADA As Securities
The post Michael Saylor Indirectly Labels ETH, XRP, and ADA As Securities appeared first on Coinpedia Fintech News Michael Saylor, A strong Bitcoin Spokesman, who now believes that any other digital currency is inferior in tech and decentralization, predicts that a spot Ethereum ETF will not be approved this summer. He also mentioned that when the ETH ETF is not approved, it will be clear that is a commodity where he indirectly hinted at other Altcoins like BNB, SOL, ADA,…
1 year ago
This New Gaming Token May Outpace The Success of Cardano (ADA) and Avalanche (AVAX)
Blockchain gamers are getting excited about this new online casino gaming platform. Named Rollblock (RLBK), this platform is set to challenge many top altcoins when it comes to garnering significant traction and attention. While Cardano (ADA) and Avalanche (AVAX) both navigate bearish pressure and weekly declines, Rollblock is seizing the opportunity to take giant strides that will cumulatively increase its potential to rival Cardano, Avalanche tokens and other top crypto coins. Secure, Rewarding and Regulated: Rollblock's Vision for the Future…
1 year ago