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The Cardano light wallet Lace has integrated the Bitcoin blockchain in its latest push for multichain expansion. The non-custodial wallet said it plans to add more networks in the near future to bring value to its users.
Lace, a web3 non-custodial wallet developed by Input Output, is now multichain, with initial support including Bitcoin.
As the crypto market moves toward its next major cycle, large investors—known as whales—are shifting their focus to a low-cost token with massive upside potential. While many well-established assets have already seen significant price increases, newer projects with strong fundamentals and real utility are drawing serious attention.
Check out what signals that ADA's value could head north in the short term.
Cardano price has sold off and moved into a bear market after soaring to a multi-year high in December last year. ADA has plunged by over 45%, and sentiment among market participants has worsened after it formed a death cross.
Cardano price is under rising pressure as some altcoins like XRP hold a greater promise. What are the odds of ADA price recovery?
Following the U.S. Federal Reserve's FOMC meeting the crypto market demonstrates a new upward trend. Interest rate maintenance by the Fed resulted in increased pricing across most cryptocurrency markets.
Excerpt: In the past day, Cardano (ADA) whales have purchased a massive 190 million as the price of the digital asset rose by 2.24% in the same time period.
It was not long ago that XRP made its way onto the list of assets eligible for use as collateral in perpetual futures trading on Coinbase International Exchange. Now, Cardano (ADA) and Coinbase Wrapped Staked ETH (cbETH) have joined the lineup, marking yet another step in Coinbase's ongoing expansion of supported cryptocurrencies within its derivatives trading ecosystem.
Three different situations, of which only one is similar to Bitcoin.
Cardano (ADA) is generating exceptional optimism among investors. According to Santiment, the positive sentiment around this cryptocurrency has reached its highest level in four months, despite the recent collapse of its price.
Cardano (ADA) price remained stable throughout the week. However, given the current market sentiment and investors' outlook, this stability may soon change, potentially leading to a massive upside rally.
Cardano (ADA) whales are accumulating amid a 20% YTD decline, while technical analysis suggests a potential rally to $1.65. Key catalysts include Coinbase's ADA futures and Amina Bank's staking integration.
Cardanos bullish momentum is fading as declining volume signals a potential reversal or prolonged sideways movement. Despite recent efforts to push higher, the lack of strong buying pressure raises concerns for ADA holders.
With the Securities and Exchange Commission (SEC) renouncing its appeal against Ripple, the San Francisco-based blockchain start-up has won handily. After making the announcement, XRP quickly surged and overcame significant resistance levels.
Despite high optimism among Cardano (ADA) supporters, a look at the weekly chart (ADA/USDT) suggests the exuberance may be premature. While bullish sentiment has grown in tandem with recent regulatory nods, ADA's price action remains under critical resistance, flashing cautionary signals such as a bearish engulfing pattern.
Cardano has noted significant whale activity over the past 24 hours, aligning with the broader market recovery. During that period, the total crypto market capitalization has added another $50 billion, signaling renewed bullish momentum.
Cardano's (ADA) price has managed a steady 13.5% in March after experiencing a 32% dip in February. The altcoin is still down 15% in Q1, but technical data is beginning to point to the continuation of the recent positive price action.
Cardano (ADA) has gone up by 6% in the past 24 hours as bulls take control of the price action during the Asian session ahead of the Federal Reserve's interest rate decision.
Bitcoin (BTC) has been clinging to the 200-day simple moving average ($84,359), which suggests that the bulls have kept up the pressure. That improves the prospects of an upside breakout, signaling the corrective phase may be ending.
Cardano (ADA) has gone up by 2.7% in the past 24 hours as the crypto market has been recovering ahead of today's interest rate decision from the Federal Reserve.
It ia not every day that you see a cryptocurrency like Cardano (ADA) lining up its technical indicators in such a way that it feels like the stars are aligning, but here we are, watching what could be the early stages of a stunning upward move.
With key resistance levels ahead, can ADA rally toward the ambitious $100 mark, or will market pressures keep it grounded.
Dogecoin (DOGE) looks set to reclaim the eighth place it lost to Cardano (ADA) after it experienced bullish volatility on the market. Within the last 24 hours, DOGE has gained more than 3% as it posts a rebound rally in an encroaching shift for the meme coin market.
