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See the latest Bitcoin price prediction from a crypto CEO who forecasts BTC could reach $1,000,000, while ETFSwap (ETFS) and Cardano (ADA) are also expected to rally by 700%.
Bitcoin is finding support in the $66,500 to $65,000 zone and Bitcoin ETF inflows suggest traders are buying the dips. Will altcoins follow?
Cardano price jumped 0.8% during the U.S. trading session on Tuesday, reaching a trading value of $0.36 and a market cap of $12.7 billion. While this uptick follows broader market recovery, a crypto analyst highlights why the ADA $3 rally is inevitable.
The broader digital currency ecosystem slipped, with Bitcoin (BTC) leading the losses and altcoins followed suit. However, the price reversals have pushed many digital currencies in search of a price floor that can fuel their imminent rebound.
To many investors, the Cardano price is a subject of both hope and anguish due to the recent price movements of the token. At one point, Cardano (ADA) was considered one of the most promising “Ethereum killers,” but it failed to repeat the successes of 2021.
The Ripple (XRP) and SEC case continues despite initial consensus pointing towards an end following Judge Analisa Torres' final judgment in August. With the regulator officially filing an appeal, the legal standoff might extend into 2025, casting a big shadow over its outlook.
Cardano (ADA) has been in a downtrend since March, forming lower highs and lower lows. Amidst broader market corrections in August, it also lost its position in the top 10 cryptocurrencies by market cap.
Cardano-based Yoroi Wallet has joined forces with a cryptocurrency cashback platform, Bring, allowing users to passively earn up to 10% ADA “while shopping with over 775 global retailers.” The collaboration offers a seamless way of earning ADA through daily purchases.
In the first quarter of 2024, Cardano's (ADA) price surged from $0.46 to $0.80 in under three months. This performance hinted at a run toward the $1 mark.
Token unlock today (Cardano) Cardano (ADA) Unlock date - Oct 22nd, 2024 Number of tokens unlocked- 18.53 million ADA (0.05% of its circulating supply) Current Circulating Supply - 35.72 billion ADA Previous token unlock - Oct 2nd, 2024 Cardano is a public blockchain platform. It is open-source and decentralized, with consensus achieved using proof of stake.
Cardano (ADA) price is currently at a crucial turning point, with mixed signals suggesting both potential gains and risks. The trend appears to be gaining strength, highlighted by the recent uptick in the Average Directional Index (ADX), which measures trend momentum.
Cardano [ADA], a top contender in the blockchain space, has struggled to maintain the same level of excitement and market momentum as its competitors. However, the winds of change may be blowing in Cardano's favor.
ADA's recent buying pressure could be losing steam.
Some coins have returned to the red zone by now, according to CoinStats.
Cardano, a prominent player in the blockchain space, has recently experienced a noticeable uptick in social media activity. This surge in engagement could signal a shift in sentiment that may benefit ADA, Cardano's native cryptocurrency.
He believes that in just a few decades, Cardano could surpass Bitcoin in popularity and importance. He even suggested that many governments around the world might use the technology behind Cardano to run their systems.
Charles Hoskinson envisions a bold future for Cardano, aiming for the network to surpass Bitcoin and Ethereum and become essential for government infrastructure.
The first month of Q4 2024 was expected to bring about the altcoin season. While the market is far from experiencing it, certain altcoins are still making waves for reasons beyond just investors' sentiment.
Cardano has been struggling with a lack of enthusiasm but that could be changing following recent surge in social activity.
Charles Hoskinson, the founder of Cardano (ADA), has unveiled an ambitious vision for the blockchain platform's future beyond the Voltaire era, or what has been called Cardano 2.0.
The price of Cardano (ADA) has been moving sideways and has fallen below the moving average lines.
As investors grow weary of volatile price swings in established cryptocurrencies like Cardano (ADA) and Solana (SOL), Lunex Network is rapidly gaining traction as a promising alternative.
Rick McCracken, a notable contributor to the Cardano ecosystem and operator of a staking pool with over 200 million locked ADA tokens, recently highlighted concerns regarding the Cardano community's approach to marketing and visibility.
Eric Balchunas, a senior ETF analyst at Bloomberg, expressed worries about Cardano's future in a recent post on X. He believes that Cardano is not living up to the high standards set by its founder Charles Hoskinson.
