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During a keynote at Rare Evo 2024, Cardano founder Charles Hoskinson revealed a series of significant updates for the Cardano blockchain. Speaking to a diverse audience that included developers, stakeholders, and enthusiasts, Hoskinson outlined Cardano's next steps in technology development, governance, and global outreach.
Cardano's (ADA) price is failing in its attempts to note recovery largely due to the broader market cues.
Cardano price dives 2.78% to $0.37 during the U.S. trading session on Monday. This bearish turnaround followed the Bitcoin dip to $63500 as most major altcoins are recuperating from their strength after last week's rally.
Bitcoin and altcoins are witnessing some profit taking today, but the overall uptrend remains intact.
Bulls have failed to hold the weekend's growth, according to CoinStats.
Cardano (ADA) has been stuck in a challenging position for the past few years, struggling with stagnant price growth despite being one of the most popular altcoins in the space. A crypto analyst has offered insights into why Cardano has underperformed while also maintaining an optimistic outlook and predicting a 1,000% rally to new highs this cycle.
This week's crypto news is dominated by Nvidia's Q3 earnings report and Cardano's Chang Hard Fork. Both events are set to influence the crypto market, particularly for AI-themed cryptocurrencies and the Cardano ecosystem.
Charles Hoskinson hinted at a potential Cardano-Minotaur and Algorand partnership. This collaboration could create “the greatest decentralized AI powerhouse” the industry has ever witnessed.
The Tron price has continued to display strong bullish action by adding significant value to its portfolio amid the ongoing market recovery. Further, Tron-based altcoins have recorded a similar action with some tokens experiencing a three-digit gain this month.
A heated discussion broke out recently in the community of enthusiasts of popular cryptocurrency Cardano (ADA). The subject of debate and discontent was 200 million tokens, which one of the companies operating in the ecosystem requested from the Treasury.
Amid the ongoing crypto bullish rebound led by Bitcoin (BTC), Tron (TRX), a top-tier layer one (L1) blockchain, has emerged as a leader in the large-cap altcoins. According to the latest market data, TRX price traded about $0.165 on Monday, up around 4 percent in the past 24 hours.
Cardano price began rising toward the end of last week and into the weekend. On the daily time frame, the asset surged and closed above a crucial resistance level.
Cardano's recent price action shows a positive shift after a prolonged period of stagnation. As of the latest updates, ADA is trading above a crucial support level of $0.3172.
Prominent Bitcoin maximalist Max Keiser has once again stirred controversy in the cryptocurrency community by launching a scathing attack on popular altcoins. Known for his fiery rhetoric and unwavering support for Bitcoin, Keiser recently took to X to dismiss several major cryptocurrencies, including Ethereum (ETH), Cardano (ADA), Solana (SOL), and XRP, labeling them as “centralized garbage” destined to become worthless.
The crypto market has experienced a significant uptick, driven by positive investor sentiment and promising technological advancements.
Dan Gambardello reports that Cardano (ADA) is approaching its 20-month moving average, an important indicator of potential price movement. Historical data suggests that when ADA has touched this moving average in the past, the token has experienced a dramatic spike.
Pavel Durov, a 39-year-old entrepreneur known for creating the instant messaging service Telegram, was arrested Saturday night at Le Bourget airport. According to the charges, which include terrorism, drugs, complicity, fraud, money laundering, he faces up to 20 years in prison.
Cardano (ADA) has experienced a turbulent period recently, but emerging trends suggest a potential upward movement. Analyst Dan Gambardello has pinpointed several key factors that could drive ADA towards a breakout, with a price target of $0.43.
ADA or XRP, which will be the better performer in the rest of 2024?
The Chang hard fork is a pivotal upgrade for Cardano, representing a major step toward realizing the network's vision of complete decentralization and community-driven governance.
Cardano's (ADA) price reclaimed $0.38 for the first time since August 2, which resulted from an 18% increase in the last seven days.
Cardano (ADA) has been on a tear this week, with the 10th largest cryptocurrency by market surging by approximately 21%. This price action comes as part of a broader cryptocurrency market resurgence, led primarily by Bitcoin.
Much to the chagrin of the Cardano (ADA) community, the project's co-founder Charles Hoskinson has announced another unfortunate delay of the much-anticipated Chang hard fork.
Cardano alternatives such as Toncoin (TON), Avalanche (AVAX), Tron (TRX), and SUI could gain significant momentum during the current market recovery as ADA continues to exhibit an underperforming trend. Currently trading at $0.39, the Cardano price is 33% down YTD (Year-to-date) and 87.3% from the All-time High of $3.1.
