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The cryptocurrency sector has taken a turn for the worse yet again, and this time, it appears to be Cardano (ADA) that is ready for a big fall. Currently trading at $0.35, a popular top trader has given some serious concern to the investors: Now is the time to get out of Cardano. After $0.
Cardano Ambassador Mauro Andreoli announced on October 8, via social media platform X, that he and Lucas Macchia had signed the first legally and judicially enforceable contract on the Cardano network. This agreement, compliant with the laws of the Argentine Republic, represents a major step forward for the adoption of blockchain technology in legal transactions.
Cardano price trends in a crucial zone as the crypto markets struggle to rise against Bitcoin's sell-off. In the meantime, ETH seized in the PlusToken scam has been transferred to centralized exchanges and is likely to be sold.
The Cardano blockchain has just hosted the launch of the first legally recognized smart contract by the courts in Argentina.
Cardano is host to the first smart contract where Argentina's courts have jurisdiction after the country legalized crypto as a payment method in commercial contracts last December.
Cardano (ADA) is now at a crucial price level after weeks of intense volatility and uncertainty. Following a dramatic series of price swings—first a 27% surge, then a 20% retrace, then a 10% rise, and now a 7% dip to $0.34—Cardano finds itself at one of its most critical support levels.
Cardano (ADA) continued to trade under pressure on Wednesday. The recently ranked top-10 cryptocurrency ranked 11th by market capitalization after being overtaken by Toncoin (TON).
Cardano (ADA) price forecasts are downbeat at the moment, as the ADA price slides towards fresh monthly lows at $0.33.
Bitcoin's failure to hold $62,000 may trigger another selloff and pull altcoin prices lower.
Cardano's recent movements highlighted a bearish edge. Can the bulls step in to stop the bleeding?
Cardano has achieved significant technical milestones and market growth, but current indicators suggest a period of consolidation amid cautious investor sentiment.
Cardano price is looking stronger as it has formed a bullish reversal pattern on the 12-hour timeframe. Meanwhile, the market is optimistic about the ADA price surging higher as analysts predict it could reach $1 or higher by December.
Cardano price started a fresh decline below the $0.3550 zone. ADA is consolidating above $0.3400 and might attempt a recovery wave.
With new developments and predictions, Cardano (ADA) continues to attract attention in the crypto world, presenting investors with a divided picture. Analyst Dan Gambardello recently expressed a bullish prognosis, asserting that Cardano is now 10 times more robust than it was in previous cycles.
Despite its recent lacklustre price performance, market experts remain extremely bullish about the Cardano price prospects. Notably, a crypto analyst has forecasted that Cardano, which is currently trading below the $1 mark, is on the brink of a major breakout, with the potential to skyrocket to $5.
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Cardano (ADA) price is currently showing signs of a potential consolidation phase as large transactions have surged and then stabilized over the past few weeks.
The Open Interest has remained near the $170 million mark in October, showing wary speculators.
DTX Exchange grabs the title of the best performer of this bull run with a $3.8 million presale raise. The platform leaves Toncoin (TON) and Cardano (ADA) behind with its massive presale raise. Investors from established crypto platforms are joining the presale mania to expand their gains.
Over the past 24 hours, the Cardano price has seemingly breathed new life, with a 3.83% uptick.
Bitcoin price opened the week with a bang as altcoins and stocks turned green, but $65,000 to $66,500 remains a tall hurdle for BTC to overcome.
Charles Hoskinson, the founder of Cardano (ADA), has reinforced his belief in the blockchain platform's continued expansion, emphasizing that Cardano's potential is far from exhausted.
Cardano repeatedly rebounded from the current key support. With Bitcoin on the rise, could ADA be gearing up for a breakout?
Max Kaiser, a famous Bitcoin backer, recently caused a stir by saying that Cardano (ADA) could lose 90% of its value against Bitcoin in the next six months. His prediction has gotten a range of responses, from doubt to fun, especially from people who support the ADA like the Cardano Whale.
