Cardano

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…

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…

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…

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…

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…

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…

Data from analytics platform IntoTheBlock have illuminated a troubling trend within the Cardano (ADA) network, showing a significant dip in ‘profitability’ for its holders. While cryptocurrencies like Bitcoin and TRX show a high percentage of holders in profit, Cardano stands in stark contrast, with only 35% of its holders currently seeing gains. This insight into the Cardano ecosystem reveals deeper challenges, as many of ADA’s transactions now appear to be at a loss. The chart below shows the percentage of…

Octoblock’s USDC airdrops enjoy immense popularity as Cardano holders may have found a hidden gem. Evidenced by more inflows across chains, Octoblock’s ICO is one of a kind, airdropping USDC even in its ICO phases. Cardano News The recent crypto market crash put Cardano (ADA) on the radar as its price fell 18% from $0.59 to $0.44. The Cardano price prediction suggests that the current ADA position is precarious as it can slip further to lows of $0.30. As chaos…

As cryptocurrencies like Tron (TRX) face regulatory scrutiny, others like Cardano (ADA) and innovative projects such as ETFSwap (ETFS) are doubling down on their commitment to transparency and accountability.  The importance of transparency within a blockchain network cannot be stressed enough, as this feature is important for both the security and experience of users. In the cryptocurrency industry, seasoned investors majorly opt for investment projects that provide complete transparency, allowing them to verify their transactions within the blockchain network.   Although…