Inching closer to the $97,000 mark, the bullish trend in Bitcoin is driving the altcoin rally. Amid the re-found bullish momentum, the Cardano price has reclaimed the $1 psychological mark and has surged nearly 10% over the past 24 hours.
Charles Hoskinson of Cardano just made a huge bold prediction about Bitcoin. And Hoskinson's own Cardano has more than 2x'd in the last 30 days.
Cardano (ADA) has been among the top performers in the past few days, up 24% on its weekly charts. However, on-chain data reveal alarming insights, suggesting potential declines for the token. IntoTheBlock shows institutional players have left the Cardano ecosystem, potentially to avoid impending losses. ADA's whale transactions have dipped from $45.41 billion to $26.
Cardano founder Charles Hoskinson forecasts Bitcoin will lead the DeFi market within the next 2-3 years, citing its scale and liquidity.
On November 23, the total Cardano (ADA) large transaction volume was $45.41 billion. Today, the same volume has dropped to $26.34 billion, suggesting that large investors in the market have reduced their exposure to the cryptocurrency.
In the last two weeks, there has been a noticeable increase in whale activity across several cryptocurrencies, indicating that large investors are accumulating these assets. Here are the main points: Toncoin (TON) Whale Purchases: Since November 21, whales have bought about 459,980 TON, worth around $30 million.
ADA, the native token of the Cardano blockchain, is poised to continue its upward momentum after trading sideways for a week. On November 29, 2024, ADA has formed a bullish price action pattern on a smaller time frame and is on the verge of a breakout.
Cardano (ADA) is back in the spotlight, surging by more than 7% over the past 24 hours and reclaiming its position above the $1 mark. As one of the leading altcoins, ADA's price movements are closely monitored by investors.
Cardano (ADA) whales have made a significant acquisition of 130 million ADA during a recent market dip, signaling bullish behavior and reinforcing critical price levels. As the cryptocurrency approaches the $1.00 mark, all eyes are now on whether this resistance level will be broken in the near future.
Check out ADA's next potential price targets (according to some popular analysts).
November has been a standout month, with multiple assets reaching new highs. Real World Assets (RWAs) are no exception.
The digital assets landscape saw bullish actions today, with the global crypto market cap surging 1.78% to $3.32 trillion. The upside came as Bitcoin rebounded to a daily high of $97,357 early today. BTC changes hands at $95,650 at press time as enthusiasts await the highly sought-after $100,000 milestone.
Popular crypto analyst Altcoin Sherpa is warning that Ethereum (ETH) may have a steep correction in its Bitcoin pair (ETH/BTC). The pseudonymous trader tells his 233,100 followers on the social media platform X that ETH/BTC could decline more than 35% from its current value. “ETH: I don't know if this bottoms until 0.
Dogecoin, Shiba Inu, and Bonk have formed bullish price patterns and are correcting from their respective resistance levels, creating potential buying opportunities.
Cardano (ADA) has crossed the $1 mark several times within the last few days. CoinMarketCap data shows that ADA hit a peak of $1.11 on different days before dropping below the $1 level shortly afterward.
Today, it seems that BONK's recent rut may be nearing its end as it finds itself well-positioned for its next leg up. The post Time to Load Up on Bonk? BONK Down 16% In 7 Days, Another Pump Coming? appeared first on Cryptonews.
Cardano's ADA has surged by 27% in the past week, pushing a significant portion of its circulating supply into profit.
Most of the coins have returned to the green zone, according to CoinStats.
BONK is facing mounting bearish pressure as technical indicators signal growing weakness in the market. After a brief attempt to stabilize, the token appears to be losing momentum dropping again toward the $0.00004002 for another test, with key metrics pointing to further downside.
Cardano's Lace 1.17.5 update introduces enhanced syncing speeds, improved transaction data fetching, and critical bug fixes.
Cryptocurrencies held steady on Thursday after most of them staged a strong recovery a day earlier. Cardano price was trading at $0.99 as crypto analysts predicted that ADA was about to make a strong comeback in the coming weeks.
Cardano approaches the $1.00 price level following substantial whale accumulation of 130 million tokens, accompanied by strong technical indicators and positive on-chain metrics.
Cardano (ADA) has recently resurrected from a tremendous bear market, with its price reaching the highest values since April 2022.
Avalanche (AVAX) has recently shown signs of bullish movement, and the possibility of a breakout that could push the price to $65 is becoming more likely. With recent developments on both the price chart and on-chain activity, traders are closely monitoring key levels that could indicate further upward momentum.
Cardano (ADA) has recently reached new milestones in network growth, setting records for new address creation that have not been seen since June 2023. This surge in activity comes at a time when the broader cryptocurrency market is experiencing significant volatility, with ADA's price briefly surging past the $1 mark before cooling to $0.91.
Cardano price started a consolidation phase near the $1.00 zone. ADA is holding gains and might aim for a fresh increase above $1.050.
Cardano whales buy 130M ADA during dip, pushing price near $0.99. Will $1 resistance fall soon?
Cardano (ADA) is once again trading above the $1 level and is up by more than seven percent in the last 24 hours.
The moving averages outlined and the Fibonacci levels would be the next support levels to watch.
Crypto industry CEO Charles Hoskison has dropped his ultra-bullish forecast for the Bitcoin price to climb to $500,000 in two years, citing nation-states weighing strategic BTC reserves and the incorporation of decentralized finance functionalities into the OG crypto network.
Cardano price, a proof-of-stake cryptocurrency, has surged over 200% this November, securing its position as a market leader. The impressive rally reflects widespread bullish sentiment across the crypto sector, reigniting investor optimism and interest in altcoins.
Bitcoin's strong recovery shows aggressive buying on every minor dip, but the bulls may struggle to overcome the $100,000 resistance.
ADA price spiked as Zk smart contract integration added propulsion to a market-wide rally. Here's why that could end sub-dollar price.
Cardano (ADA) has captured investors' attention after surging to multi-year highs at $1.15, marking an impressive 245% gain since November 5. This remarkable rally has solidified its position as one of the top-performing altcoins in the current market cycle.
Cardano (CRYPTO: ADA) is back above $1 after rallying over 200% over the past 30 days, significantly outperforming Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) in the process. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend 30-Day Trend Cardano $1.02 $35.6 Billion +8.8% +23.5% +203.9% Bitcoin $96,015.13 $1.9 Trillion +2.4% +2.2% +39.1% Ethereum $3,560.54 $428.8 Billion +7% +15.9% +42% Trader Notes: Crypto trader Dan Gambardello highlights a wave of optimism surrounding ADA, noting that many holders used this level to take profits, while others see the current consolidation as a setup for further gains.
TL;DR Cardano has launched version 1.17.5 of its Lace wallet, focusing on optimizing synchronization and transaction data retrieval. The update includes improvements such as bug fixes for features like Nami mode and shared wallets.
Input Output advances solo Bitcoin bridge development as BitcoinOS token launch creates tension in the Cardano ecosystem.
Avalanche (AVAX) price has gone against the tide this week, staying on the upward trajectory as the rest of the market slumped. The resilience is attributed to the recent Avalanche9000 testnet, the largest upgrade since the mainnet launch.
During today's trading session on the crypto market, the price of the popular cryptocurrency, Cardano (ADA), has regained the important psychological mark of $1. In total, since the beginning of this month, the price of ADA has grown by 193%, and at its peak it tripled in value compared to what we could see in early November.
Cardano (ADA), ranked the ninth largest cryptocurrency by market capitalization, has announced the release of Lace 1.17.5. This serves as a transformation to the Cardano light wallet.
Crypto market sentiment has shifted to altcoins, highlighted by a 13% jump in the ETH/BTC ratio, analysts said.
Cardano (ADA) price has surged 195.11% in the last 30 days, reflecting significant bullish momentum. However, key indicators like ADX and EMA lines suggest the current uptrend may be losing strength.
The total value locked on the Cardano ecosystem has more than tripled in the past three weeks to hover about $604 million today.
Cardano (ADA) whales bought over 130 million ADA during the recent price dip, according to prominent crypto analyst Ali Martinez. The price drop mentioned by the analyst occurred when the price of ADA dropped by almost 20% this week from Monday to Tuesday.
The broader crypto market has slowed after massive surges in recent weeks saw Bitcoin (BTC) near $100,000. BTC's immense gains have stagnated, and its dominance has declined after reaching its peak recently.
The Cardano network has reached a significant milestone by successfully deploying its first zero-knowledge (ZK) smart contract on the mainnet. This achievement utilizes the Plutus v3 ledger language, marking a step forward for the network's capabilities.
Cardano (ADA) could see further upside above the $1 zone, with whale investors showing confidence in the coin through significant buying activity.
Cardano (ADA), one of the leading cryptocurrencies in the market, is currently trading below the crucial $1 mark. Over the past 24 hours, ADA's price has dropped by over 3%, reflecting growing uncertainty among investors.