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
Forbes Lists XRP, ADA, BCH, LTC, XLM, XMR as ‘Zombie’ Tokens with Unproven Utility: Should Investors Dump or Hold?
Since Forbes attacked XRP, ADA, ICP, BCH, and XLM as zombie tokens with “little utility other than for speculative crypto trading,” investors have been split on whether to hold them. Over the past months, most of the 20 ‘zombie’ tokens have declined by more than 20%, with some losing a third of their value, like Cardano’s ADA and Stacks’ STX. It’s been a month since Forbes published a scathing article describing 20 blockchain networks whose market cap is at least…
1 year ago
Cardano Price Dips As Bearish Sentiment Intensifies! What’s Next For $ADA?
The post Cardano Price Dips As Bearish Sentiment Intensifies! What’s Next For $ADA? appeared first on Coinpedia Fintech News The cryptocurrency industry has displayed a bearish start to the week by recording a loss of 2.48% within the past day in its global market cap. Further, the market leader, BTC price, has lost 2.5%, dropping close to its important support level at $62,000. On the other hand, the ADA token continues to display a bearish price action, resulting in it…
1 year ago
ADA Price Prediction – Can Cardano Reclaim 100 SMA and Rally?
Cardano (ADA) is moving lower below the $0.500 resistance zone. ADA could gain bearish momentum and decline if it stays below the 100 SMA (H4). ADA price is slowly moving lower from the $0.520 zone. The price is trading below $0.500 and the 100 simple moving average (4 hours). There is a key bearish trend line forming with resistance at $0.4740 on the 4-hour chart of the ADA/USD pair (data source from Kraken). The pair could attempt a fresh increase…
1 year ago
Hedera (HBAR), Stellar (XLM), Cardano (ADA): ISO 20022 and the Trillion-Dollar Aspiration
Cryptocurrency adoption making its way into the existing financial domain to be acknowledged and embraced by authority within the financial institutions and central banks. Hedera Hashgraph (HBAR) has become the leading one in implementing the ISO 20022 standard, which is cryptocurrency compliant. The financial world is undergoing a seismic shift with the imminent implementation of ISO 20022, a unique standard to revolutionize global payments. Developed by the International Organization for Standardization (ISO), this protocol promises a secure and standardized framework…
1 year ago
Next Hot Crypto: TON and ADA Bulls Rally Around Raboo Crypto Presale for Future Gains
The post Next Hot Crypto: TON and ADA Bulls Rally Around Raboo Crypto Presale for Future Gains appeared first on Coinpedia Fintech News Get ready for the next hot crypto sensation! Toncoin and Cardano bulls are buzzing with excitement as they rally around Raboo’s upcoming crypto presale. With the current presale price of just $0.0036, Raboo is tipped to surge a whopping 100x in 2024, driving the $62 billion meme market to new heights. Get ahead of the curve and…
1 year ago
Investor Who Caught Cardano (ADA) at Token Sale and Made $1,400,000 Profit Believes This Coin Priced Below $0.05 Will Be the ‘Next Big Thing’ in the Crypto Market, Here’s Why
Success stories of early investors reaping massive profits have become legendary. From Bitcoin millionaires to Ethereum whales, these tales of astute investment decisions continue to capture the imagination of aspiring traders and investors worldwide. One such story that has recently emerged involves an investor who capitalised on the Cardano (ADA) token sale and turned a substantial profit of $1,400,000. Now, this seasoned investor is eyeing another opportunity in the form of $HUMP, a cryptocurrency priced below $0.05. With a conviction…
1 year ago
Is Cardano (ADA) the Next Big Move? Analysis on ADA’s April 2024 Conclusion
Cardano (ADA) has shown resilience in April, retaining its top ten ranking, investors can focus on building bullish momentum in the new month. Cardano’s security and scalable infrastructure are poised to attract mass adoption to overtake Ethereum. Cardano (ADA) is beginning to build bullish momentum after a resilient April. Once regarded as an Ethereum killer, Cardano remains one of the most popular cryptocurrencies in the market. After years of research and development, Cardano proves that scientifically and mathematically it is…
1 year ago
2025 Price Predictions For Cardano (ADA) And ETFSwap (ETFS), Is $3 Possible?
Crypto experts and analysts predict a bullish last quarter of 2024 after meticulously reading top platforms’ price signals. As a result, crypto investors are looking to add projects that will increase profits to their portfolios. Cardano (ADA) and ETFSwap (ETFS) are two projects that have shown immense promise. However, can they ride on the bull wave and hit the $3 mark by 2025? Cardano (ADA) Price Forecast: Will Cardano (ADA) Hit $3 By 2025? Cardano (ADA) is a leading blockchain…
1 year ago
Crypto Price Analysis Apr-26: ETH, XRP, ADA, SHIB, and DOT
This week, we take a closer look at Ethereum, Ripple, Cardano, Shiba Inu, and Polkadot. Ethereum (ETH) Ethereum’s downtrend appears to be coming to an end as the price has decided to move sideways above the key support. For this reason, ETH closed the week with a 2% price increase. This cryptocurrency is now in a range between support at $2,900 and resistance at $3,370. The longer it consolidates here, the more significant the eventual breakout will be. Looking ahead,…
1 year ago