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…

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…

Despite the crypto market recovery, a large number of Cardano holders are still nursing losses, leading to speculations as to why this is the case. Data from IntoTheBlock shows that the altcoin is the worst performer in terms of profitability when it comes to the top 10 largest cryptocurrency by market cap, disappointing holders and long-term believers. Cardano Profitability Sits At Only 15% The Cardano profitability has remained low since the market crash of 2022 and even with the market…

The post Ripple, DOGE, and Cardano Push Altcoins to New Mega Bull Run as Smart Money Moves 70,000 BTC appeared first on Coinpedia Fintech News In the crypto space, market movements can often signal the beginning of significant trends. Recent activities suggest that altcoins are on the verge of a new mega bull run, with Ripple (XRP), Dogecoin (DOGE), Cardano (ADA), and RCO Finance (RCOF) leading the charge.  Let’s dive into the factors driving these developments and choose which of…

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…