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The on-chain analytics firm Santiment has revealed how Shiba Inu (SHIB) and Cardano (ADA) are among the altcoins seeing high whale activity recently. Shiba Inu & Cardano Have Seen High Interest From Whales Recently In a new post on X, Santiment has talked about how some altcoins have been seeing a high Whale Transaction Count recently.
Cardano's price remains confined to a narrow trading range after several unsuccessful attempts by bulls to trigger a bullish rebound. While Bitcoin's price surges past the $70,000 mark, gaining momentum, the altcoin market has not displayed any promising signs. This has led to a consolidation in ADA's price.
This week marked a significant advancement in Argentina's embrace of blockchain technology as the Cardano Foundation partnered with Entre Ríos, a central province.
This partnership marks a significant milestone in decentralized technology. It aims to leverage blockchain's transformative potential to foster innovation and drive socioeconomic development within the region.
On 5 June 2024, Charles Hoskinson, the visionary behind Cardano, took to X (formerly known as Twitter) to address the ongoing disconnect between the perception and reality of Cardano within the cryptocurrency community.
Cardano's (ADA) price is not reaping the benefits of the broader market cues as it remains sideways bound.
TL;DR Cardano's Resilience: Charles Hoskinson, founder of Cardano, has publicly criticized the crypto media for a perceived bias against ADA, highlighting the disconnect between media portrayal and the blockchain's solid fundamentals.
Charles Hoskinson defends Cardano's value, citing strong fundamentals and upcoming Chang Hard Fork despite media skepticism. The post Charles Hoskinson believes Cardano is undervalued appeared first on Crypto Briefing.
Cardano (ADA) has gradually slipped from the top ten most valuable digital assets and lagged in the ongoing bullish sentiments, thus being regarded as a zombie coin.
The cryptocurrency market has recently witnessed significant movements on Shiba Inu (SHIB) and Cardano (ADA) as both tokens experience substantial increases in large-scale transactions. Santiment reports indicate that this surge is largely driven by increased interest from whale investors, characterized by transactions exceeding $100,000.
Wondering about Cardano's future? Could ADA's price soar to new heights this June?
Bear power continues to dominate ADA's spot market despite the recent surge in whale activity.
The recent recovery in the crypto market brings some altcoins in the buying range, with whales even starting to accumulate these before prices rally. On-chain data pointed out three altcoins witnessing massive whale activity — Cardano (ADA), Shiba Inu (SHIB), and JasmyCoin (JASMY).
Charles Hoskinson, the creator of Cardano (ADA), recently addressed criticisms from crypto influencers and media, highlighting a disconnect between public perception and the project's actual progress. He emphasized Cardano's significant advancements and bright future, particularly with the upcoming Chang Hard Fork, set for the second half of 2024.
In a fiery post on X (formerly Twitter), Charles Hoskinson, the founder of Cardano, has lashed out at crypto influencers and media outlets for their negative portrayal of the network. Hoskinson criticized the widespread skepticism about project's future.
In a forceful rebuttal to widespread media speculation about the viability of Cardano, founder Charles Hoskinson has provided a detailed rundown of forthcoming developments and initiatives which he believes underscore the cryptocurrency's robust health and its promising future.
The Cardano Foundation has announced an interesting new public partnership in Argentina. The collaboration, which follows a public signing between Rogelio Frigerio, the Governor of Entre Ríos, and Rafael Fraga, the LATAM Lead for Business Development at the Cardano Foundation, is with the state of Entre Ríos, a central province of Argentina.
Whale investors, known to move cryptocurrency markets with their moves, are showing significant interest in coins like Shiba Inu, Cardano, and the latest sensation, JasmyCoin. What Happened: Large transactions, worth at least $100,000, for each of these cryptocurrencies have more than doubled this week compared to the 2024 averages, according to on-chain analytics firm Santiment.
Cardano (ADA) continues to face a sluggish trading environment, with its price stagnating around $0.45 for several weeks. This lackluster performance follows a significant price correction, witnessing a drop of approximately 45% between mid-March and mid-April.
The Cardano Foundation has announced its new partnership in Argentina. This latest move marks a pivotal development for the nation which recently pivoted to enhance its cryptocurrency sector.
Bitcoin remains stuck inside a range, but solid inflows into spot ETFs suggest investors anticipate an upside breakout.
The Cardano Open Interest saw a slight increase in the last 24 hours, which indicated an inflow of cash.
Cardano founder Charles Hoskinson addressed a community poll on X about the blockchain's security sustainability, highlighting the potential of transaction fee-based revenue as a future model.
Shiba Inu plunged below the 50 EMA mark, which is considered a crucial support level for the asset. Unfortunately, with the price below that important level, some possibilities for Shiba Inu are closed.
