Cardano

The post Grayscale Liquidated Cardano To Increase XRP, Now Hold 16.7M XRP, Price To Surge Soon  appeared first on Coinpedia Fintech News Grayscale Investments, a leading crypto asset manager, has recently made significant adjustments to its Digital Large Cap (DLC) Fund, drawing attention to its strategic reallocation of assets.  In a surprising move, Grayscale divested from Cardano (ADA) and redirected the proceeds towards acquiring XRP and other existing assets. This decision has sparked curiosity within the crypto community, particularly regarding…

The Cardano (ADA) price looks set for a significant move to the upside. The network recently hit a new milestone in terms of transactions processed so far, in addition to other bullish fundamentals that could also contribute to the price surge.  Cardano Has Processed Over 88 Million Transactions Data from Cardano’s latest weekly development report shows that the network has processed 88.6 million transactions to date. This is significant as sustained network activity can positively affect ADA’s price. Moreover, ADA…

The Cardano price has been facing a significant amount of bearish pressure over the past week, declining by more than 12%. This recent fall coincides with a broader crypto market downturn, with other major altcoins suffering huge losses over the past week. Specifically, Cardano’s price decline has been largely linked to the recent sell-off of all ADA holdings by the Grayscale Digital Large Cap Fund (GDLC). On Thursday, April 4, the fund disclosed its decision to rebalance its portfolio by…

Cardano (ADA) is again in the spotlight as crypto analysts continue to deliberate on its future trajectory. This time, crypto analyst Alan Santana has laid out a bearish narrative for the crypto token, which could cause its price to drop drastically.  How ADA Could Crash To $0.34 In his analysis, Santana stated that ADA’s breakout below the $0.58 price level, which has acted as support for the crypto token for five weeks, signals a bearish sentiment toward it. In line…

The Cardano (ADA) price is experiencing a notable decrease, dropping by 12% since the start of the week, with a 2.6% dip recorded today alone. Despite this, with a market capitalization of $20.27 billion, ADA maintains its position as the 9th largest cryptocurrency. This recent downturn comes amidst a broader crypto market experiencing mostly sideways to downward movement, with ADA recording more significant losses compared to its peers like ETH, which is down by 7.4%, BNB by 6.4%, Solana by…

Cardano (ADA) is moving lower below the $0.620 resistance zone. ADA could gain bearish momentum and decline toward the $0.50 support. ADA price is slowly moving lower from the $0.670 zone. The price is trading below $0.620 and the 100 simple moving average (4 hours). There is a key bearish trend line forming with resistance at $0.6008 on the 4-hour chart of the ADA/USD pair (data source from Kraken). The pair could attempt a fresh increase if the bulls remain…

Former President Trump and President Biden are set to go head-to-head in the September U.S. presidential elections in what will be a close call, according to political experts. Cardano Foundation CEO has revealed that the team has been approached by the states about potentially developing a blockchain voting system. With the upcoming U.S. elections pitting two of the greatest political rivals together, there is a great need for transparency and efficiency. It has emerged that Cardano could be a sought-after…

The post Cardano & Polkadot Investors Seize Pushd’s Presale, Eager for E-Commerce Evolution appeared first on Coinpedia Fintech News  When enthusiasts hear about the features of a blockchain protocol, they are eager to jump on it and see if it is worth the hype or just like every other token with zero value and function. Having jumped on several of these protocols and left disappointed, investors are now cautious about their investment decisions. At the same time, the fear of…

The post Experts Weigh Profit Margin on $RECQ Presale Ahead of Cardano and XRP appeared first on Coinpedia Fintech News TLDR $RECQ provides 237% gains at the ongoing presale. ADA could decrease to $0.40 in the upcoming term. XRP bears expect pronounced price corrections. Rebel Satoshi’s $RECQ has started to gain traction as the best new crypto to invest in 2024. On the other hand, analysts expect significant drops in the upcoming Cardano (ADA) and XRP (XRP) price movements. Let’s…