Hoskinson Claims Cardano Will Flip Bitcoin As Leading Crypto

In an interview with the hosts of “Altcoin Daily,” a popular cryptocurrency-focused YouTube channel, Charles Hoskinson, the founder of Cardano, made bold assertions about the future of Cardano in relation to Bitcoin. Addressing nearly 1.5 million subscribers, Hoskinson laid out a vision for Cardano that he believes will not only compete with but eventually surpass… Continue reading Hoskinson Claims Cardano Will Flip Bitcoin As Leading Crypto

Institutional Investors Show Interest In Cardano, Triggering 300% Surge

Cardano (ADA) has witnessed a massive 300% surge in Exchange Traded Product (ETP) inflows. The unexpected influx of capital from institutional investors could set the stage for a potential uptrend ahead of the Chang hard fork.   Cardano Inflows Skyrocket 300% On July 29, CoinShares, a leading firm in the crypto ETP industry, released a weekly… Continue reading Institutional Investors Show Interest In Cardano, Triggering 300% Surge

Cardano Recovery Imminent? Whales Make Their Move With 17 Billion ADA

Cardano is at a significant milestone with the impending Chang hard fork. This pivotal moment follows the recent upgrade of its node validation software before the upgrade goes live. As the Cardano ecosystem gears up for this major update, the network is experiencing a surge in activity that could determine its trajectory in the coming… Continue reading Cardano Recovery Imminent? Whales Make Their Move With 17 Billion ADA

Cardano Among Alts Likely To See Price Boosts, Santiment Says

On-chain analytics firm Santiment has revealed Cardano (ADA) is one of the altcoins that could likely see price jumps shortly. Cardano Among Altcoins That Are Being Heavily Shorted Right Now In a new Funding Rate,” which keeps track of the periodic fee that derivatives traders have to exchange with each other. When the value of… Continue reading Cardano Among Alts Likely To See Price Boosts, Santiment Says

Cardano In The Spotlight: Why The $0.6 Level Is Important To ADA

Cardano (ADA) is currently in a pronounced seven-day decline, which was exacerbated by a fresh descent below the $0.41 mark. This decline is part of a broader trend observed across many altcoins, which have reacted negatively to Ethereum’s significant drop in the last 24 hours. The decline represents a correction from a bullish run that… Continue reading Cardano In The Spotlight: Why The $0.6 Level Is Important To ADA

Cardano Down 50% In 4 Months: Sellers Unrelenting, Best Time To Buy ADA?

Cardano has been under pressure and selling off in the past four months. From the ADAUSDT daily chart, it is evident that bears have been in control. After peaking in March, prices plunged by as much as 60% before finding support in mid-July. Since then, ADA has recovered slightly, but bears have not relentred, especially… Continue reading Cardano Down 50% In 4 Months: Sellers Unrelenting, Best Time To Buy ADA?

Cardano (ADA) Dips Under $0.4233: Will the Bears Continue to Rule?

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… Continue reading Cardano (ADA) Dips Under $0.4233: Will the Bears Continue to Rule?

Cardano (ADA) Falls: Ethereum’s Decline Pulls Altcoins Down

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… Continue reading Cardano (ADA) Falls: Ethereum’s Decline Pulls Altcoins Down

Cardano (ADA) Soars To New Levels: IOG Unveils Explosive Growth In Key Metrics

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… Continue reading Cardano (ADA) Soars To New Levels: IOG Unveils Explosive Growth In Key Metrics

Crypto Market Rebounds From Lows, But Why Are Cardano Holders Suffering Losses?

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… Continue reading Crypto Market Rebounds From Lows, But Why Are Cardano Holders Suffering Losses?