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This week, we take a closer look at Ethereum, Ripple, Cardano, Shiba Inu, and Polkadot. Ethereum (ETH) This week, Ethereum has moved sideways with a modest 1.5% price increase.
At the ongoing Consensus 2024 conference, Ripple CEO Brad Garlinghouse expressed strong confidence in the approval of a spot XRP exchange-traded fund (ETF) in the United States, alongside potential spot ETFs for other major altcoins like Solana and Cardano. His statement comes at a pivotal time as regulatory perspectives on crypto seem to be shifting.
As the Cardano (ADA) community awaits its next critical update – a Chang hard fork set for late June, cryptocurrency traders and investors might want to use the time left to accumulate the popular token and strengthen their positions before a possible bullish rally ignited by the upgrade.
Ripple CEO Brad Garlinghouse has made a bold prediction about the future of cryptocurrency exchange-traded funds (ETFs). Speaking at the Consensus 2024 conference in Austin, Texas, Garlinghouse forecasted that ETFs for XRP, Solana, and Cardano are on the horizon, a development he believes is inevitable and poised to significantly boost the crypto market.
Cardano (ADA), the smart contract platform, has been facing a rough patch recently. While the broader DeFi sector has seen an uptick in DEX volumes, Cardano's Total Value Locked (TVL) has plummeted, raising concerns about the health of its ecosystem.
Charles Hoskinson, the founder of Cardano (ADA), recently caught the attention of Argentina's President Javier Milei with a social media interaction. This engagement underscored Cardano's increasing interest in expanding into Argentina.
Ripple CEO Brad Garlinghouse recently expressed his belief that XRP, Solana (SOL), and Cardano (ADA) could be the next cryptocurrencies to see exchange-traded funds (ETFs) on the market.
Ripple CEO Brad Garlinghouse has forecasted the approval of ETFs for XRP, Solana, and Cardano. He believes this regulatory milestone is inevitable and would significantly boost the crypto market.
Brad Garlinghouse, CEO of Ripple, has forecasted the advent of exchange-traded funds for XRP (CRYPTO: XRP), Solana (CRYPTO: SOL), and Cardano (CRYPTO: ADA), following positive developments around Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) spot ETFs. What Happened: Garlinghouse anticipates that the establishment of these ETFs is imminent and views this as a positive trend at the Consensus 2024 Event, as reported by Coindesk.
Cardano's DEX achieved a daily volume of over 23 million ADA, reflecting a notable increase in trading activity.
Crypto analyst Nick of the Cheeky Crypto YouTube channel has provided an ultra-bullish prediction for Cardano (ADA). The analyst also outlined factors that he believes could drive Cardano's price to such heights.
Cardano is probably in the worst shape we have seen this year. In its current state, ADA is moving below all key moving averages on midterm charts.
It's only a matter of time, the CEO of Ripple said on stage at Consensus 2024 in Austin.
Cardano (ADA) shows bearish momentum with critical support and resistance levels dictating potential price movements.
The markets seem to remain stuck within a bearish trend, while some altcoins do carry hidden bullish divergence. These are expected to trigger as soon as the Bitcoin price displays some strength and breaches above the current ATH to reach $75,000.
In a recent revelation, Cardano founder Charles Hoskinson shared that he nearly built the Cardano blockchain platform using the Clojure programming language.
Although Cardano (ADA) has made a spectacular comeback in the top 10 cryptocurrencies by market capitalization, overthrowing Toncoin (TON) and Shiba Inu (SHIB), a massive collective purchase of 2.9 billion ADA might impact the continuation of its upward move based on the purchasers' further actions.
Can Cardano, once hailed as the future of blockchain, recover from its steep decline, or has ADA's journey from promise to disappointment marked the end of its ambitious dreams? How the story started Cardano (ADA) started with big dreams.
Cardano needs help to maintain its position in the dynamic world of cryptocurrencies. ADA tussles to maintain its bullish momentum as it moves below the 50 EMA resistance level. Moreover, ADA never broke through the 200 EMA in the first place.
Bitcoin ETF inflows show that the investors are using the current consolidation to accumulate.
We might be seeing Shiba Inu enter the top ten market cap ranking soon, displacing Cardano.
Dog-faced coins make a strong comeback on GameStop's stock success, with Shiba Inu taking Cardano's spot in the TOP 10.
The ever-fluctuating landscape of the cryptocurrency market, investors are closely monitoring the trajectories of three prominent digital assets: Cardano (ADA), Shiba Inu (SHIB), and Ethereum (ETH). As market dynamics evolve and investor sentiments sway, understanding the intricacies of each asset's performance is imperative for navigating the volatile terrain of digital currencies.
Shiba Inu (SHIB) is on the cusp of overtaking Cardano (ADA) in market capitalization. Presently, the gap between the two is a slim $220 million, with Shiba Inu valued at $16 billion versus Cardano's $16.22 billion.
