Cardano

Cardano Executive sees the inevitable overhaul of financial markets using blockchain. Cardano might play a very significant role in driving this overhaul. Frederik Gregaard, CEO of the Cardano Foundation envisions a future where blockchain technology will be used in transforming financial markets. In an X post, Gregaard paints a picture of a financial ecosystem with solid products, built with the customer in mind and free from the constraints of the traditional infrastructures. Cardano Exec on Evolution of Financial Markets The…

There has been a shift in the crypto market, and there’s a new wave of frenzy.  Holders of top cryptocurrencies like Cardano and Ripple are turning to a new meme coin, Raboo ($RABT) for a shot at bigger profits. Raboo is bringing a breath of fresh air into the crypto market. The new meme coin is coming with some exciting features, and investors can anticipate up to a 100x price pump from this promising newcomer. Why Cardano and Ripple investors…

In a groundbreaking move, Retik Finance (RETIK), a formidable rival to Cardano, launched on major exchanges and Uniswap. This event marked a pivotal moment, triggering substantial gains for the innovative project. With an initial listing price of $0.15 and a $32,050,000 raise during its sold-out presale, Retik Finance (RETIK) demonstrated its potential to disrupt the decentralized finance (DeFi) sector. Retik Finance (RETIK): Redefining DeFi Retik Finance (RETIK) stands at the forefront of the DeFi revolution, aiming to bridge traditional finance…

The cryptocurrency market has been a hotbed of activity, with new projects frequently emerging and capturing the attention of investors and analysts alike. One such project, Retik Finance (RETIK), has recently made headlines with a remarkable 2000% rally. As a potential competitor to Cardano (ADA), Retik Finance is now poised for a bullish breakout, sparking speculation about whether it could soar another 20x in June. Let us explore the factors contributing to Retik Finance’s rapid ascent and its potential for…

The cryptocurrency market has experienced a recent pullback, with many major tokens seeing their prices dip. This article delves into the current state of three specific projects: Arbitrum (ARBI), Cardano (ADA), and the rising star, Algotech, which defied the market trend with a successful presale. Let’s start! Arbitrum Falls to $1.17: A Buying Opportunity? ARB, the token powering Arbitrum, a popular Layer 2 scaling solution for the Ethereum blockchain, has recently seen a price dip. Arbitrum offers faster transaction speeds…

Cardano (ADA) corrected gains and tested the $0.4520 support zone. ADA must stay above the $0.450 support to start a fresh upward move. ADA price is struggling to gain bullish momentum above the $0.4750 zone. The price is trading below $0.460 and the 100-hourly simple moving average. There was a break above a connecting bearish trend line with resistance at $0.4570 on the hourly chart of the ADA/USD pair (data source from Kraken). The pair could gain bullish momentum if…

Cardano (ADA) price nosedived in April, however, a rebound move is currently being plotted. MVRV, Chaikin Money Flow all point to a bullish ride ahead. While April saw Cardano (ADA) losing 40% of its value, recent bullish patterns in the blockchain hint at a possible recovery to a new all-time high. In this article, we’ll look into the bullish patterns on Cardano’s daily chart and see the possibility of ADA regaining from its April crash. Cardano’s Journey to Recovery The…

The Cardano Plutus team finalized guardrail scripts for Conway governance actions and optimized the PlutusV3 cost model. The Mithril team focused on certifying Cardano transactions, scaling proof generation for the mainnet, and enhancing low-latency certification processes. Last week the Cardano Foundation released a report highlighting the key developments taking place with respect to its core technology as well as smart contracts. The ledger team made significant strides in conformance testing this week, completing tests for the CERT and RATIFY rules…

Strategic shifts in investment portfolios can signal significant market movements. Recently, a notable whale, or large-scale investor, made headlines by completely exiting their position in Cardano (ADA) amidst an 80% drop from its all-time high (ATH). This whale has redirected their substantial capital into Retik Finance (RETIK), a burgeoning decentralized finance (DeFi) platform, sparking a rally as centralized exchange (CEX) listings boost the token's profile.  Here’s a closer look at the factors behind this dramatic investment shift and the subsequent…