Crypto Price Analysis July-19: ETH, XRP, ADA, SHIB, and TON
This week, we take a closer look at Ethereum, Ripple, Cardano, Shiba Inu, and Toncoin. Ethereum (ETH) Ethereum had a good week after closing with a 12% price increase.
Keep up with what's happening in the crypto world in real-time.
This week, we take a closer look at Ethereum, Ripple, Cardano, Shiba Inu, and Toncoin. Ethereum (ETH) Ethereum had a good week after closing with a 12% price increase.
The 1-week chart of ADA showed that its falling wedge formation witnessed a bullish breakout last week.
Cardano (ADA) has been making waves in the cryptocurrency market with its notable price surge. Despite this positive momentum, ADA finds itself navigating through a landscape of conflicting market sentiment and upcoming technical upgrades that could shape its future trajectory.
Binance US, Binance's subsidiary in the United States, has highlighted Cardano and its present Voltaire Era in one of its recent posts. In a blog post, Binance US delves into the subject, "What Is Cardano (ADA)?
Various events are making sharp moves in the crypto market, and leaders like Bitcoin and SOL are trading near their all-time highs again. One event all crypto enthusiasts are eyeing is Cardado Chang Hard Fork, scheduled for the end of July 2024.
Cardano [ADA] has seen a notable increase in trading volumes on its decentralized exchanges (DEXs), reflecting a rising interest in the platform's decentralized finance (DeFi) applications. However, this surge in trading activity comes against the backdrop of a bearish trend for ADA's price.
As the 2024 U.S. presidential election looms closer, the intersection of cryptocurrency and politics has become a focal point of debate, drawing insights and opinions from influential figures within the crypto community.
Charles Hoskinson, the founder of Cardano (ADA), has given a crucial message in a reply to Ethereum (ETH) founder Vitalik Buterin. He has openly refuted Buterin's claims about a major aspect of the crypto industry.
On Crypto Banter's Rans Show, the analyst discussed the current market dynamics, saying that Bitcoin has returned to a range, now trending towards the upper boundary due to increasing momentum. This momentum has spilled over into altcoins, resulting in a very positive day for them.
Vitalik Buterin, co-founder of Ethereum, and Charles Hoskinson, founder of Cardano, made their opinions about “pro-crypto” politicians known on Wednesday. First, Buterin released his essay titled “Against choosing your political allegiances based on who is ‘pro-crypto'”, where he expressed concerns over the increasing politicization of crypto.
In a blog post published on July 17, Ethereum co-founder Vitalik Buterin expressed his concerns about the increasing trend within the crypto community to support political candidates based solely on their stance towards cryptocurrencies. Buterin warned that such a narrow focus could betray the broader values that initially motivated the creation of cryptocurrencies.
Cardano (ADA) has been making waves in the cryptocurrency market, with its decentralized exchange (DEX) volumes surging significantly over the past few days. This uptick in trading volume is a promising sign for the Cardano ecosystem, suggesting an increasing adoption of decentralized finance (DeFi) applications on its blockchain.
Cardano price extended gains above the $0.4350 resistance. ADA is now consolidating gains and might correct lower toward the $0.4250 support.
Despite Cardano's price increase and upcoming technical upgrades, it is still facing bearish sentiment.
Cardano has not been left behind in the ongoing revival as with Bitcoin and other top altcoins. From the daily chart, ADA, the native currency, is up roughly 4% in the last day and 17% in the previous week, according to CoinMarketCap data.
The cryptocurrency market is abuzz with speculation as Cardano (ADA) shows signs of an impending rally, reminiscent of Ripple's XRP's recent surge. On-chain data from Santiment reveals that Cardano is currently experiencing its highest bearish sentiment in over a year, presenting a potential opportunity for contrarian traders.
A leading cryptocurrency self-custody wallet, Tangem, has recently announced it added support for Cardano native tokens, in a move that allows users to secure store and manage their ADA holdings alongside Cardano-based assets like Iagon (IAG) and SingularityNET (AGIX).
Strong inflows into spot Bitcoin ETFs suggest that the sentiment has turned positive, and traders are buying aggressively.
The Cardano Foundation has shared a list of the potential beneficiaries of its Project Catalyst Fund 12 campaign. Cardano Fund 12 Draws to a Close The Foundation took to X to state that its Project Catalyst Fund 12 will soon come to a close.
The Cardano (ADA) network has established a robust Web 3.0 community with optimized decentralization to ensure sustainable growth.
Ben Goertzel, a prominent AI developer and founder of the Cardano-based SingularityNet project, recently experienced a hacking incident on X, the social media platform formerly known as Twitter. In response, Cardano creator Charles Hoskinson urged Elon Musk to implement decentralized identifiers (DIDs) on X to improve security.
On Tuesday, July 16, Charles Hoskinson, founder of the blockchain platform Cardano, publicly offered to assist Elon Musk in addressing the escalating issue of account hacks and the proliferation of scam bots on X (formerly Twitter).
Cardano has risen after bottoming at $0.3174 earlier this month Cardano (ADA) has has bounced back by 40% from its lowest point this month but remains 45% below its highest point this year.
Throughout 2024, Cardano (ADA) has stood out from the crowd of other major cryptocurrencies, though mostly for the wrong reasons.
