Tag Archives: Cardano news

Cardano Goes Toe-To-Toe With Ethereum As Whales Scoop Up 120 Million ADA

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Cardano (ADA) is currently competing with Ethereum in terms of large transaction volume. This is undoubtedly a positive development for the ADA ecosystem, especially since it indicates a wave of accumulation among the token’s large holders.  Cardano Matches Ethereum In Large Transaction Volume Ethereum witnessed a large transaction volume of $6.71 billion.  This development suggests… Continue reading Cardano Goes Toe-To-Toe With Ethereum As Whales Scoop Up 120 Million ADA→

Hoskinson Claims Cardano Will Flip Bitcoin As Leading Crypto

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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

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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

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

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

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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?

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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?→

Why Did The Cardano Price Surge 17% Amid The Crypto Market Crash?

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Cardano (ADA) has recorded a significant 20.29% price increase for the past seven days in line with the current green movement for most cryptocurrencies. ADA trading volume has spiked massively since it bottomed out at $0.335 on July 8, allowing it to outperform the majority of the large market-cap cryptocurrencies. For those wondering, ADA’s price… Continue reading Why Did The Cardano Price Surge 17% Amid The Crypto Market Crash?→

Cardano Sees 1,218% Spike In This Major Metric, Will ADA Price Follow?

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The Cardano blockchain has been relatively quiet since the beginning of July, alongside an ADA price consolidation. As per on-chain transaction data, Cardano whales have also been relatively quiet since the last week of June. Daily whale inflows have steadied under 5 million ADA since the beginning of the month, save for a recent spike… Continue reading Cardano Sees 1,218% Spike In This Major Metric, Will ADA Price Follow?→

Cardano Breaks Out Of Falling Wedge Pattern, Analyst Predicts 70% Rally For ADA

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Cardano (ADA) has correlated with the broader market, experiencing a retracement from its yearly high of $0.810 in March to as low as $0.357 on June 22. However, ADA has now deviated from the struggles of Bitcoin (BTC) and Ethereum (ETH), exhibiting a 2% increase in the past 24 hours and over 12% in the… Continue reading Cardano Breaks Out Of Falling Wedge Pattern, Analyst Predicts 70% Rally For ADA→