Cardano survived the ByBit hack, but can it go on from here?
Charles Hoskinson, the founder of Cardano and co-founder of Ethereum, has recently criticized Ethereum following the significant security breach experienced by the cryptocurrency exchange Bybit.
Chainlink price has crashed this year, continuing a trend that started in December when it peaked at a multi-year high of $30.78. Chainlink (LINK) dived to $17.4 on Saturday, down by 43% from its highest level in December.
Cardano is trading above key demand levels after a volatile Friday that saw prices react sharply to the Bybit $1.5+ billion hack news. Bybit is a top cryptocurrency exchange.
Cryptocurrency prices fell in the early Saturday trading session, with major cryptocurrencies XRP, Dogecoin (DOGE), Shiba Inu (SHIB) and Cardano (ADA) all in red. Traders had reacted to an over $1.5 billion heist of the Bybit exchange, which analysts claim was the biggest crypto theft ever.
Despite notable price drops across the cryptocurrency market, Cardano (ADA) has held steady above the crucial $0.74 support level. Additionally, ADA's four-hour chart appears to be mirroring XRP's, which looks bullish. Current Price Momentum Currently, ADA is trading near $0.77 and has dropped 3.25% in the past 24 hours.
In a livestream broadcast titled “Post-Quantum Cardano,” ADA founder Charles Hoskinson laid out a roadmap for making the blockchain quantum-resistant. His remarks come amid rapid developments in quantum computing hardware, including breakthroughs from Microsoft and other tech heavyweights, as well as newly released US government standards for post-quantum cryptography.
Crypto analyst Ali Martinez has noted key support levels for Cardano (ADA) price between $0.67 and $0.80. He emphasized their role in sustaining the current bullish trend.
Cardano, the innovative blockchain platform, has reached an important milestone, reflecting its growing popularity and expanding user base. As of February 19, 2025, the number of wallets created on the Cardano network surpassed a significant 5.2 million.
Bitcoin is showing signs of strength by rallying within a hair of $100,000. Which altcoins will follow?
It's not every day that the crypto world gets a break, but this week, it seems like one just landed. The SEC, after months of legal back-and-forth, has agreed in principle to drop its enforcement case against Coinbase.
Chainlink (LINK) is flashing bearish signals as it forms a pennant pattern, hinting at a potential continuation of its downward trajectory. After struggling to gain bullish momentum, the price remains in consolidation, with sellers keeping a tight grip on the market.
Bitcoin (BTC) picked up momentum as it climbed above $98,000, as short-term bulls eye the $100,000 level. A break above this level could power BTC towards $105,000.
Cardano founder Charles Hoskinson has stirred speculation over a potential U.S. government adoption of Cardano (ADA) under Elon Musk's DOGE. The post Elon Musk to Back Cardano? Hoskinson Hints at US Crypto Adoption Plans appeared first on Cryptonews.
As Cardano (ADA) dips to $0.78 and XRP struggles at $2.7, investor confidence is shaking amid market uncertainty. ADA faces low developer activity, while XRP's regulatory battle continues to weigh it down. Meanwhile, Mutuum Finance (MUTM) is catching attention with a disruptive lending model that could reshape DeFi.
Cardano (ADA) has recently shown promising signs of a potential breakout, supported by favorable market conditions and growing optimism among traders.
This week, we examine Ethereum, Ripple, Cardano, Binance Coin, and Solana in greater detail. Ethereum (ETH) Ethereum continues to consolidate and closed the week with a 2% price increase.
Cardano founder Charles Hoskinson has outlined a strategy to secure the network in a post-quantum world. In a Feb. 20 broadcast, he emphasized the urgency of adapting blockchain systems as quantum computing advances.
The US-based crypto advocacy group Blockchain Association achieves a milestone by adding 16 prominent web3 projects, bringing total membership close to 100.
Cardano (ADA) may soon experience a significant price shift, according to prominent analyst Ali Martinez. The analyst, in a February 19th post, highlighted the asset's current formation of an ascending triangle pattern on its 3-hour candle chart.
A widely followed crypto analyst says that decentralized oracle network Chainlink (LINK) is gearing up for a massive breakout. In a new strategy session, pseudonymous crypto trader Inmortal tells his 229,400 followers on the social media platform X that LINK may increase by more than 194% its current value by early next year.
While Cardano's native token ADA remains 74.3% below its all-time high value of $3.09, a favorable technical pattern is taking shape. A closely followed crypto analyst has identified one pattern that could trigger an over 20% move in the price of ADA.
Mike Novogratz is convinced XRP and Cardano are among the industry leaders per their first-mover advantage.
In a recent livestream, Cardano founder Charles Hoskinson sparked significant speculation regarding whether the US government could adopt Cardano under the guidance of Elon Musk—now heading the newly formed Department of Government Efficiency (DOGE).
Cardano (ADA) has been making waves in the market lately, but some traders are starting to wonder whether its recent rally is really the start of a sustained upward trend—or just a short squeeze. As of February 20, 2025, ADA continues to hover below the $1 mark, a level that historically has signaled a potential breakout.
Following Bitcoin's move over the $97K value, the Cardano price has also pumped. Although marginal (only 3% over the last 24 hours), this increase has been the result of constant updates, as well as the recent bi-weekly digest from the Cardano community.
Cryptocurrency mogul Mike Novogratz has weighed in on the staying power of the Ripple-affiliated XRP token during a recent appearance on "Galaxy Brain" alongside Pantera Capital founder Dan Morehead.
ADA has risen by 3% in the past 24 hours, with its jump to $0.79 coming after Cardano voted with an 85% majority to ratify its first ever constitution. The post Cardano Ratifies Constitution with Overwhelming 85% Approval – Is ADA Set to Surge? appeared first on Cryptonews.
Cardano (ADA), the ninth largest cryptocurrency by market capitalization, has seen a 5% increase in price amid a slight rebound on the crypto market, which saw Bitcoin surpassing the $97,000 mark once again.
Cardano Foundation revealed that the network's community has officially ratified the blockchain's constitution, setting the stage for its implementation on Feb. 23. In a Feb. 19 post on X, the Cardano Foundation said: “The Cardano Constitution has been ratified.
The relative balance between buying and selling pressure in the Cardano market has kept the coin's price in a narrow range since the beginning of February.
Chainlink (LINK) has been showing promising signs of resilience, especially in comparison to many of its high-cap counterparts. The digital asset recently dipped to $17.30 but has avoided a deeper correction, positioning it well for a possible rebound.
As cryptocurrency market conditions rebound, Cardano price shows signs of recovery, signaling renewed momentum for the asset. Despite this rebound, ADA price has struggled to maintain consistent momentum eyeing more gains ahead.
The altcoin recovery in the broader digital currency ecosystem is underway, and Chainlink (LINK) is riding the train high. Over the past 24 hours, Chainlink has flipped Stellar (XLM) in market cap rankings to reenter the top 10 list of the most capitalized coins.
ADA is testing a key resistance at $0.812, with a symmetrical triangle indicating a potential breakout or rejection. Elliott Wave and Fibonacci levels suggest targets at $0.929 or lower supports at $0.70.
The cryptocurrency market in 2025 has been a year of contrasts, marked by major milestones amid persistent economic uncertainty.
Considering its current impressive performance many people want to know if ADA is a good investment asset?
Can ADA sustain its momentum, or is this rally just a short squeeze?
Over the past month, Chainlink (LINK) has struggled under the weight of a bearish market sentiment. The asset has experienced a steady decline in value, with its price slipping below key support levels.
Unlike its rivals, LINK has avoided deeper correction, giving it an added advantage.
Despite the ongoing market recovery, ADA, the native token of the Cardano blockchain, seems to be struggling to gain momentum. However, the asset has soared by nearly 4.5% in the past 24 hours and is currently trading near $0.78.
Cardano has formally adopted its Constitution, which is one step closer to providing decentralized governance. Founder Charles Hoskinson announced the milestone in a video broadcast on Tuesday, stating that the final version of the Constitution replaces the interim one.
Cardano has been trading below $1 for a month, struggling to regain the momentum it had at the end of 2024. While ADA has shown signs of recovery, technical indicators remain mixed.
Bitcoin remains stuck inside the range, with no clear indication of a price breakout or breakdown.
Cardano's technical indicators flashed bearish signals, suggesting that it could dip further to test the flag support.
In a recent Cardano360 update, Input Output Global (IOG) unveiled plans for its next major innovation, Ouroboros Leios, which aims to dramatically enhance Cardano's speed and scalability.
Flux Point Studio CEO $decimalist highlighted a significant development poised to transform the Cardano ecosystem by solving its liquidity challenges. The blockchain gears up for “a flood of new liquidity” as it taps Talos's analytic capabilities, innovative UTxO management, real-time DEX routing, integrated risk scores, and advanced social sentiment indicators.
Despite a decline, LINK whales have continued their accumulation spree.