ADA has soared past $0.65, XRP is close to $0.9.
Cardano (ADA) has continued to impress the broader digital currency ecosystem after a brief correction spotted over the past 24 hours. Considering its current price outlook, top market analyst Ali Martinez has shared a chart that predicts the price of ADA might reach an all-time high (ATH) of $6 in the coming years.
Jason Pizzino, a Macro trader and investor in crypto in his latest YouTube video has commented that Cardano (ADA) is unlikely to make all-time highs in this cycle. He told his subscribers that ADA is not showing enough market strength so far this cycle, which makes it impossible for an explosive breakout at this point.
Cardano gained 35% on November 10, and the altcoin held steady close to the $0.65 level. The Ethereum competitor token, ADA, is rallying alongside Bitcoin, Ethereum, Dogecoin, and other leading cryptocurrencies, post BTC all-time high on Wednesday.
The price of the popular cryptocurrency Cardano (ADA) adds more than 19% in today's trading on the crypto market. Today's greening can be called a continuation of the festival of green candles on the price chart of the altcoin which, since the beginning of November, has already added 102% to the price.
Ripple was also among the top performers, gaining 11.7% from Thursday.
The price of Cardano has risen by 2.5% in the past 24 hours, reaching $0.5954 and outperforming the crypto market amid speculation that Cardano may partner with SpaceX. The post Cardano Joins Top 10 Cryptos – Will ADA Challenge Solana Next? appeared first on Cryptonews.
This week, we examine Ripple, Cardano, Dogecoin, Shiba Inu, and Sui in greater detail. Ripple (XRP) XRP is quickly approaching $1 and has impressed with a 47% price increase in the past seven days.
The majority of the coins are in the red zone today, according to CoinMarketCap.
The entire cryptocurrency market has experienced impressive growth in the last week. Almost all the top cryptos, including Cardano, have seen growth since the day of the US presidential election. The Cardano market has recorded a surge of 44.8% in the last seven days. Evidently, the recent market performance of Cardano has thrilled its investors.
ADA's on-chain data reveals $0.2 and $1.99 as crucial levels impacting market activity, with possible liquidations or profit-taking pressure.
After soaring 40% in the last 7 days, Cardano price could be getting ready for an extended 100% breakout fueled by speculation of an integration with the U.S. government. Cardano is reportedly among a handful of other crypto networks that could be used to form a blockchain-based voting system.
Explore the latest Cardano price prediction as ADA approaches $0.60 resistance. Analyze key support levels and chart trends
As Cardano retains its position as the 9th largest cryptocurrency globally, the altcoin's market cap hit $21 billion. This milestone comes with a 3.52% surge in the past 24 hours, with the Cardano price now trading at $0.6061.
Speculation is growing around a potential new voting system for the US that could use blockchain technology, with the Cardano (ADA) and Hedera (HBAR) protocols reportedly at the forefront of this initiative.
Shiba Inu (SHIB) has recently seen growth, with its price reaching $0.00003, grabbing renewed interest from the crypto community. However, after a period of upward movement, SHIB faced significant selling pressure, leading to a temporary price drop.
A widely followed crypto analyst believes that Ethereum (ETH) rival Cardano (ADA) is unlikely to print new all-time highs this cycle. In a new video update, crypto strategist Jason Pizzino tells his 337,000 YouTube subscribers that ADA is not showing enough market strength so far this cycle, making an explosive breakout improbable at this point.
Cardano (ADA) has enjoyed an impressive 52% price increase in the last week, capturing the attention of investors. However, after this rally, the ADA price is showing signs of slowing momentum, with a 5% pullback in the last 24 hours.
The cryptocurrency market witnessed retracements today, with Bitcoin dipping from above $90,000 to $88,902 at press time. While enthusiasts anticipate BTC at $100,000 soon, PEPE, Cardano, and Ripple drew investor attention for various reasons. Let us find out more.
Cardano creator Charles Hoskinson took to X to reveal that he had been in talks with Ripple CEO Brad Garlinghouse.
Cardano is finally showing signs of strength, with whale buys boosting its short-term price.
Cardano (ADA) has been on a winning streak in recent weeks. Over the past seven days, the altcoin's value has risen by 55%.
The Cardano Foundation has released its inaugural Financial Insights Report for 2023, detailing the foundation's expenditures and investments across critical areas to support the network's growth.
Robinhood lists XRP, SOL, ADA, and PEPE, expanding crypto offerings to U.S. customers amid a shifting regulatory landscape.
Cardano's price has risen 7.9% amid multiple positive developments, including Robinhood's relisting and Charles Hoskinson's new government advisory role, while technical analysis suggests potential for continued upward movement.
With these additions, Robinhood now offers 19 different cryptocurrencies for trading. The decision from Robinhood to add these new coins comes after listening to feedback from its customers, who have been asking for more choices.
Cardano (ADA) has jumped a staggering 52% in the last week, but recent indications hint that the digital asset's explosive growth is cooling off.
Cardano price is up 7.9% in the last 24 hours and is trading at $0.5742 after hitting daily resistance around $0.6054. The crypto asset established a daily low of $0.5231 after the BTC price dipped due to profit-taking.
The nonprofit foundation supporting the Cardano ecosystem, the Cardano Foundation, has revealed in a recent report that as of Dec.31, 2023, it held $478.24 million in assets, with 82.5% of those being held in ADA, 10.1% in BTC, and the rest in cash and cash equivalents. According to the report, the foundation allocated $19.
Cardano (ADA) price has surged 52% in the last seven days, but has seen a pullback of over 5% in the past 24 hours. Despite the recent rally, there are signs that the current uptrend might be losing momentum.
Given that its price recently hit the $0.00003 mark, Shiba Inu has been showing encouraging growth potential. As the market expects more gains, this increase demonstrates the SHIB community's renewed interest and momentum.
Robinhood expanded its crypto offerings for US investors, adding Solana (SOL), Cardano (ADA), XRP, and Pepe (PEPE) to its lineup. This brings Robinhood's total crypto offerings to 19 assets.
The crypto-friendly trading app Robinhood has considerably expanded its altcoin offering for its United States customers just a week after Donald Trump's reelection as the next U.S. president, which is expected to usher in a more favorable regulatory environment for crypto.
Widely followed analyst Benjamin Cowen is issuing a warning on Cardano (ADA) as the Ethereum (ETH) rival rallies. In a new video, Cowen tells his 822,000 YouTube subscribers that ADA could suddenly turn bearish against Bitcoin (ADA/BTC) on the weekly timeframe, similar to what happened in December 2020.
Retail trading giant Robinhood is announcing the addition of new crypto assets to its burgeoning suite of products. In a new press release, Robinhood says its adding smart contract platforms Solana (SOL) and Cardano (ADA), memecoin Pepe (PEPE), and XRP.
Renowned for its emphasis on sustainability and scalability, the blockchain platform Cardano has seen a notable increase recently. ADA, its native token, is surging nearly 80% in the last week, to the delight of investors.
Robinhood, the prominent crypto trading platform has relisted Solana (SOL), Cardano (ADA), and Ripple (XRP) on its platform. It also added PEPE to its offerings. Coins Rally Post Listing News This move follows significant customer dissatisfaction after the removal of SOL when the SEC classified it as a security.
Charles Hoskinson and Brad Garlinghouse let bygones be bygones, stirring speculation of a Cardano-Ripple tie-in.
Bitcoin is showing no signs of stopping its advance toward $100,000, and several altcoins look poised to follow.
Cardano's native token ADA has performed exceptionally well in the past few days despite struggling as one of 2024's worst-performing cryptocurrencies.
On Wednesday, the Cardano Foundation- a not-for-profit entity responsible for developing and maintaining the Cardano network- released its first-ever Financial Insights Report. It detailed how it spent funds in 2023, totaling $19.22 million across operations, education, and adoption.
Recently, Robinhood announced that it will list PEPE, Solana (SOL), Cardano (ADA), and XRP, a strategic move that could have a significant impact on the market and the spread of cryptocurrencies.
The Cardano Foundation has released its first Financial Insights Report, disclosing that its assets totaled $478.24 million as of Dec. 31, 2023, according to a Nov. 13 statement shared with CryptoSlate. Of the reported assets, the Foundation holds 82.7% in ADA, 10.1% in Bitcoin, and the remainder in USD liquidity.
Robinhood pared back its crypto listings amid an industry-wide crackdown last year, but it's brought a couple back—along with newcomers.
TL;DR The Cardano Foundation presented its first financial report, detailing the allocation of resources and achievements in key areas for 2023. The organization allocated $19.22 million to operational resilience, education, and adoption, in addition to $4.55 million for central operating expenses.
For the first time in history, the Cardano Foundation has published a Financial Insights Report, showing it holds $478.24 million in assets, mainly in ADA, with a bit of Bitcoin sprinkled in. CEO Frederik Gregaard, who's driving this “open-book” approach, says the report goes hand-in-hand with Cardano's 2023 Activity Report.
The Cardano community is buzzing with expectation as the much-awaited Chang 2 hardfork brings two significant updates this week.