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Cardano, one of the leading proof-of-stake blockchain networks, is waking up, according to founder Charles Hoskinson.

Trading volume in open-ended futures on the popular cryptocurrency Cardano (ADA) has increased by more than 34% over the past 24 hours, according to CoinGlass data. According to the platform's data, turnover in ADA derivatives reached more than $272 million, putting the instrument in the top 15 by this metric.

The theory of crypto market cycles is one that's been around for many years now. In essence, many traders and analysts are of the opinion that there's a considerable bull market once every four years, usually predicated by the Bitcoin halving.

Bitcoin has managed to stop the bleeding over the past 24 hours while most of the altcoins are attempting to recover.

A major network upgrade is coming, and that could be good news for Cardano.

Cardano (ADA) and XRP have recently drawn attention due to significant shorting activities despite recent price declines. This article delves deep into the implications of these short positions on ADA and XRP, offering insights into what this means for their future trajectories amidst volatile market conditions.

Cardano has introduced a new upgrade, “docker-cardano-cli v8.24.0.0-1,” developed by Blinken Labs. This release aims to enhance staking accessibility and continues to underscore Cardano's innovative edge in the blockchain sphere.

Ripple (XRP) and Cardano (ADA) holders express optimism for a price jump as the wider crypto assets recover. This week saw assets record huge losses as market sentiments plunged.

The current crypto market is on a bearish trend. Cardano is being replaced by other cryptos.

Most of the coins are facing a bounce back, according to CoinStats.

As one of the major avenues to keep up in the layer-1 blockchain scene, Cardano (ADA) has welcomed a new upgrade. According to the GitHub repo, the new update is dubbed "docker-cardano-cli v8.24.0.0-1" and was introduced by Blinken Labs.

Here's a detailed analysis explaining how ADA's price may get some sort of respite in the short term.

Cardano (ADA), one of the leading cryptocurrencies by market capitalization, is witnessing substantial growth in adoption and influence. This surge in popularity is poised to make a significant impact on the broader cryptocurrency market.

Both Cardano (ADA) and XRP have experienced notable price rebounds, fueled by a wave of short positions that have added complexity to their market outlooks. Despite initial gains, these altcoins faced renewed selling pressure, signaling potential volatility ahead.

Bitcoin has broken below the immediate support of $64,602, increasing the risk of a fall to the crucial $60,000 price level.

Cardano (ADA), the 10th-largest cryptocurrency by market cap, is currently trading within a crucial price range that holds significant implications for its short-term price movement.

Most of the coins have not found a local bottom, according to CoinMarketCap.

Cardano's (ADA) price could struggle to bounce back from a seven-month low after the altcoin fell, following broader market cues.

A crypto analyst has commented on the underperformance of altcoins such as XRP and ADA, suggesting investors to

Cardano (ADA) has recently experienced a significant surge in short-selling activity, marking the highest shorting versus longing ratio since September 2023, according to Binance data. This increase in short positions raises questions about whether this bearish sentiment could trigger a rebound rally for ADA.

This week, we take a closer look at Ethereum, Ripple, Cardano, Dogecoin, and Polkadot. Ethereum (ETH) Ethereum is at a similar price level to last week and is still trading above the key support at $3,500.

Cardano (ADA) and XRP have emerged as frontrunners in a recent market resurgence, accompanied by a notable increase in short positions. This article examines the factors driving their price rebounds, the implications of growing short interest, and the pivotal ecosystem developments influencing their trajectories.

While many altcoins currently lack clear signs of impending explosive growth, analysts have brought to attention several that are poised to lead the bull run. However, have you considered which altcoins to avoid? Jason Pizzino recently pointed out that Ripple's XRP and Cardano's ADA have shown lackluster chart performance.

Short sellers have been increasing their bets against both Cardano ($ADA) and the native token of the XRP Ledger ($XRP) in a potential positive development for poatenti long-term investors as liquidated shorts can help propel these cryptocurrencies' prices.