Bitcoin bulls are chasing after new highs but investor actions in equities markets and sellers at the top of BTC's range are keeping a cap on price discovery.
Cardano founder Charles Hoskinson recently took action against an unsolicited “Charles” token created by the community. In a live broadcast, Hoskinson shared his frustration with the creation of a meme token in his name, which quickly gained traction and was traded heavily in the crypto market.
With January wrapped up, Cardano (ADA) added a comfortable 14.9% to its price. Nothing too shocking there — historically, January has been kind to ADA, with an average return of 19.7% and a median gain of 3.96%.
Cardano (ADA), the second-largest proof-of-stake (PoS) cryptocurrency, might be getting closer to a splendid price upsurge. Seasoned cryptocurrency trader and analyst Ali Martinez says that the ADA price might be done consolidating very soon.
Cardano (ADA) has been trading below the $1 mark for the past few days, fueling uncertainty and speculation among investors. As the broader market experiences shifting sentiment, ADA remains in a tight consolidation phase, leaving traders eager for its next move.
While Cardano (ADA) saw a notable move to the upside in November of 2024, as the wider crypto market entered a bull run, prices quickly receded.
An anonymous creator behind the ‘Charles' meme coins had transferred 90% of its total supply to Cardano founder Charles Hoskinson, likely aiming to generate hype. Instead of engaging, Hoskinson swiftly sent the tokens to a burner address.
Charles Hoskinson, founder of Cardano and CEO of Input Output (IOG), has publicly burned a massive trove of a memecoin named in his honor. The token, simply called CHARLES, made its way into Hoskinson's wallet after he showcased the Lace wallet platform during a live demonstration.
The Cardano network has completed the Plomin hard fork, which introduced on-chain governance. The mainnet hard fork governance action was successfully enacted on Jan. 29 at 9:44 p.m.
The latest price analysis by Coinidol.com report, the price of Cardano (ADA) has been moving sideways since the price drop on December 20, 2024.
As Cardano makes a comeback in the game after being called a ghostchain, the demand continues to grow. With bulls aiming to catapult ADA price to a new height from $1, should you be joining the Cardano rally?
Another wave of controversy is making its way through the Cardano (ADA) community, this time aimed at Charles Hoskinson himself. The talk? Claims that he is out of money and eyeing the Cardano treasury for a bailout.
After a 4% drop, Cardano price is slowly crawling back, trading at $0.9559. Although the market turbulence and the decreasing investor interest cost its price trajectory, experts see recovery soon.
Whale movements often signal the next big trend in crypto. Right now, they have halted selling activity for the Cardano (ADA) coin. Analysts believe a price surge could follow suit soon. Meanwhile, these whales have diversified their holdings into the hot new altcoin, IntelMarkets (INTL).
This week, we examine Ethereum, Ripple, Cardano, Binance Coin, and Solana in greater detail. Ethereum (ETH) Ethereum could not hold above $3,300, and its price fell by 4% this week.
Cardano price started a fresh decline from the $1.00 zone. ADA is consolidating and might continue to move down below the $0.9350 support.
Cardano has activated its long-anticipated Plomin hard fork, opening what founder Charles Hoskinson describes as “the most powerful blockchain government in the world.” In a livestream titled “Welcome to the Plomin Era,” Hoskinson reflected on the network's decade-long path and explained how its newly enabled governance structures will shape Cardano's future.
Cardano (ADA) price is up 6% in the last 24 hours, bringing its market cap to $34 billion as it attempts to reclaim the $1 level. Despite this short-term gain, ADA's trend remains uncertain, with technical indicators showing mixed signals.
Avalanche (AVAX) and Cardano (ADA) are under bear pressure as market volumes decline. It's a great time to buy into these with DTX Exchange's final token at $0.16.
BlockDAG's TG Tap Miner integrates with OKX, enhancing BDAG rewards for players. Meanwhile, Cardano holds key support levels, and Avalanche eyes a potential breakout.
Cardano (ADA) has recently completed a significant milestone in its journey, the Plomin Hard Fork, which has made the network fully decentralized. This development is crucial because it shifts Cardano into a true decentralized governance model, allowing ADA token holders to vote on key decisions such as network upgrades and treasury spending.
Cardano price is navigating a bull market trend despite ongoing consolidation within a bullish pattern. Notably, ADA has experienced significant movements amidst a modest market upturn, where bulls are attempting a rally.
Cardano's Plomin hard fork recently went live, introducing on-chain governance. The most significant change coming to Cardano with Plomin is the implementation of Delegate Representatives (dReps), who will vote on governance matters on behalf of ADA holders.
Less than 24 hours after the much anticipated Plomin hard fork, Cardano (ADA) has recorded notable price movement on the broader cryptocurrency market. ADA's price registered a 5% surge that saw it trade at $0.97 as investors flocked in.
Cardano remains entrenched in a consolidation phase within a triangle pattern, with critical support at the 100-day MA. The ongoing sideways action suggests that the next phase could be a bullish breakout, contingent on the market maintaining current support levels.
The crypto market is showing signs of recovery, with XRP rivals gaining traction among investors. Ripple price surged 480% in the past year, highlighting the potential for altcoins priced under $1.
Donald Trump has been accumulating Ethereum (ETH) over the past few weeks, causing people to wonder what his plan is with crypto. His World Liberty Financial just another $10 million worth of ETH amid the ongoing downtrend. On the other hand, IntelMarkets (INTL), a relatively new AI-based coin, has risen by over 810%.
BTC added nearly 3% in the past 24 hours after the FOMC meeting, reversing all losses from a Monday bloodbath that saw prices drop as much as 8%.
The Plomin Hard Fork marks a major shift for Cardano, placing governance in ADA holders' hands. Will this drive adoption?
The historical highs are still distant, but there is room for significant growth even in the medium-short term.
Cardano's price might not be moving much right now, but there's huge news. Cardano has just completed a major milestone: the Plomin Hard Fork, which means it is now fully decentralized.
Litecoin, Cardano, and Sui are the hottest cryptos today, with LTC breaking out of a bull flag, ADA forming a BARR bottom, and SUI eyeing a 140% rally.
Cardano has achieved a major milestone with the activation of the Plomin hard fork, marking its transition to fully decentralized governance. The Cardano Foundation confirmed the successful upgrade, granting ADA holders significant voting rights on key blockchain decisions, including parameter changes, treasury withdrawals, and hard forks.
Cardano (ADA) is showing signs of resilience. Currently priced at $0.9424, ADA has dropped by 1.56% over the past 24 hours, but it has seen an overall gain of 5.47% in the past week.
Cardano's ADA has experienced significant volatility over the past week, with broader market turbulence playing a role in its price action. A notable factor contributing to the downturn was China's DeepSeek, which triggered a risk-off sentiment across the crypto market.
Plomin comes just four months after Cardano's Chang hard fork, which put many of the mechanisms in place for Wednesday's upgrade.
Cardano is set to activate the Plomin hard fork later Wednesday, ushering in a new era of decentralization for the blockchain network.
Cardano's Plomin hard fork is set to go live late Wednesday, letting ADA token holders participate in network governance.
Cardano is fully entering the Voltaire era of decentralized governance, and it released a roadmap to explain the rollout of these changes. It identifies three categories that require meaningful upgrades: scalability, usability, and utility.
Cardano Foundation CTO Giorgio Zinetti joins CoinDesk with the latest update on the Plomin hard fork deployment, which has switched the blockchain to decentralized governance. Plus, insights into the voting system and Cardano's global influence.
Bitcoin's volatility is likely to pick up following Fed Chair Jerome Powell's comments, but the potential direction of the price move remains elusive to most traders.
Cardano is set to activate the Plomin hard fork by 21:44 UTC on Jan. 29, ushering in a new era of decentralization for the network. This upgrade, confirmed in a Jan. 29 statement shared with CryptoSlate, grants ADA holders direct voting power over critical network decisions, including parameter adjustments, treasury withdrawals, and hard forks.
TL;DR Cardano activates the Plomin hard fork, granting ADA holders voting power on important decisions within the network. The update met the requirements for stake pool participation and the Interim Constitutional Committee. ADA fell by more than 3.4% in the last 24 hours, as the market continues to evaluate the impact of the update.
The Cardano blockchain is set to undergo an upgrade with the launch of the Plomin hard fork on January 29, 2025, at 21:45 UTC. The hard fork is meant to steer Cardano's transition toward a fully decentralized governance, as confirmed in a recent post by the Cardano Foundation on X.
Cardano is taking a major step toward decentralized governance with the activation of the Plomin hard fork. This upgrade gives Cardano (ADA) holders direct voting power over key blockchain decisions, including protocol changes, treasury management, and governance proposals.
The Plomin hard fork, set to go live on Wednesday, marks a significant milestone for Cardano by enabling decentralized governance.
Cardano is set for a major milestone as the blockchain network looks to evolve with fully decentralized governance. On January 29, the Cardano Foundation announced the Plomin hard fork, a blockchain upgrade that introduces key governance changes to Cardano (ADA), takes effect “tonight”.
The latest Cardano hard fork introduces new governance actions such as protocol upgrades and treasury withdrawals.