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Like many other crypto projects, Cardano's price history has been a wild ride with sharp highs and steep drops. In 2017, the Cardano blockchain and its token, ADA, launched at a price of $0.0024.
Bitcoin's rise above $66,500 could open the doors for a rally to new highs and altcoins look set to follow.
The last two weeks disappointed crypto investors as the market failed to show the ‘Uptober' rally. While the early-month sell-off can be attributed to the Israel-Iran war, most major altcoins are yet to reveal bottom formation, indicating the possibility of prolonged correction.
TL;DR Charles Hoskinson addresses the criticism towards Cardano and asserts that it is a consequence of the changes introduced by Voltaire. Hoskinson believes that Cardano's new governance will solve structural problems and foster growth. Cardano refuses to establish ties with traditional financial institutions like BlackRock.
Cardano (ADA) price dropped below the moving average lines on October 1. Price analysis by Coinidol.com on October 14.
In a concerning development for the Cardano ecosystem, the community has issued an urgent scam alert following a hack of the Cardano stablecoin USDM official X handle.
The cryptocurrency market is gaining momentum, with Bitcoin surpassing $64,000, triggering enthusiasm among investors. Several Cardano rivals have shown impressive expansions, potentially transforming small investments into considerable profits by end of year 2024.
Whale transactions continue to increase in the Cardano (ADA) ecosystem, signaling confidence and growing interest from the large players.
Cardano price has oscillated within a narrow range since the beginning of the month. The altcoin has faced resistance at $0.36 and has found support at the $0.33 price level.
Charles Hoskinson, the founder of Cardano, unveiled a framework for blockchain governance in his latest broadcast, introducing what he refers to as a “Bill of Rights” for the Cardano ecosystem.
Cardano price has been trending inside a bullish structure while the entire crypto market lost 1.9% in the last 24 hours. The crypto asset has been moving sideways for the past about two weeks, and a breakout to the upside could turn the ADA price bullish.
The first half of October was mainly sideways for most major cryptocurrencies amid the Israel-Iran war. As the market stabilizes, investors anticipate renewed recovery to kickstart in the second half of the month.
Cardano (ADA) introduced decentralized governance through the Chang hard fork upgrade that went live last month. While this upgrade made Cardano more decentralized, Charles Hoskinson believes it has also spurred negative sentiment around the project.
Cardano edges closer to the $0.40 mark as traders look for stronger bullish indicators.
Crypto Capital Venture founder and Cardano fan Dan Gambardello is pretty confident ADA will hit 50 cents by the end of this month — and is willing to drop 1,000 ADA tokens wagering on it.
PropiChain (PCHAIN) offers an exciting opportunity to Cardano (ADA) and Ripple (XRP) traders seeking new projects to diversify their portfolios.
A recent discussion within the Cardano (ADA) ecosystem has sparked renewed interest in the token. An ecosystem-affiliated account posed a question on Sunday, breaking through the usual calm: whether all of Cardano's problems could be solved by an increase in ADA's price.
Cardano founder Charles Hoskinson has spoken out in defense of his blockchain project after critics raised concerns over ADA's recent price performance. As ADA's value dropped by 2.9%, Hoskinson took to social media to counter claims that Cardano is struggling, emphasizing the network's long-term growth and resilience.
In an interesting move, Cardano (ADA) has rebounded by almost 4% in the past 24 hours, in what seems to be an uptick in activity among large ADA holders. The price of ADA started the week on a bearish note and spent the majority of the week trending downwards.
Cardano (ADA) is currently trading near its yearly lows after months of underwhelming price action. Since early August, the price has struggled to hold above the crucial $0.36 level.
Dan Gambardello, the founder of Crypto Capital Venture, is bullish about Cardano (ADA). As one of the biggest advocates for the coin, he has predicted that the coin will hit $0.5 by the end of October.
Renowned smart contract developer Phil DiSarro has shared insights into the Cardano blockchain. In an X post, the developer expressed strong sentiments about Cardano's prospects in the crypto ecosystem.
Cardano wants to catch up with the Ethereum ecosystem regarding its Layer-2 scaling solution. While this is not its primary goal or technological focus, some of its associated applications are making the pivot.
The potential sale of $1.3 billion worth of Ethereum (ETH) linked to the notorious Plus Token scam have stirred up anxiety within the cryptocurrency community. As investors closely monitor these events, a pressing question arises: how might this massive sell-off impact the price of Cardano (ADA), one of the leading alternatives to Ethereum?
