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Amid intensified bearish sentiment in the crypto market, Bitcoin price has repeatedly failed to hold its value above the $60,000 level. Following this, top altcoins have recorded a similar price action by breaking down their important support levels. With the present market sentiment, XRP and ADA cryptocurrencies have gained significant attention.
Despite facing a period of turbulence earlier this week, Cardano (ADA) traded relatively quietly on Thursday, August 28. ADA was priced at $0.3456 at press time, marking a 0.50% decline over the past 24 hours.
The Chang working group reached a consensus this week and agreed to upgrade the mainnet on 1 September.
Cardano (ADA) is approaching a crucial support level at $0.3389, a point that could determine its next major price movement. As the cryptocurrency nears this significant threshold, the question arises: will it hold firm, or will a break below signal a deeper decline?
PBG.io, a novel decentralized finance protocol in the Cardano (ADA) ecosystem, is going to unlock the access to 100 million ADA in liquidity for its users. Its CEO is sure that PBG.io might surpass all centralized exchanges in terms of accessible liquidity.
Cardano's (ADA) price is preparing for a rise that could send the altcoin to potentially skyrocket following the upcoming Change hard fork.
Cardano's Chang hard fork could significantly enhance network decentralization, governance, scalability, and potentially attract more users and investors. The post Cardano's Chang hard fork set to launch tomorrow — Here's what you should expect appeared first on Crypto Briefing.
Cardano (ADA) has witnessed increased activity in the last 24 hours, with large transactions skyrocketing to 16.33 billion tokens. Despite a tempered outlook in the market, this move raises speculations about the entrance of bulls that might change the game.
The year's final quarter is the most anticipated for good reasons. For one, an interest rate cut is expected. The upcoming US election in November might also be a bullish catalyst, making Cardano's (ADA) Q4 outlook promising.
Recently Cardano founder announced on X that the upgrade had been postponed. Cardano's upcoming upgrade is set to arrive on September 1st.
The exchange will support the network upgrade, ensuring a smooth transition for users.
Bitcoin's failure to maintain above $60,000 is pulling altcoin prices toward their recent swing lows. What will it take to turn the market around?
Cardano's genesis keys go up in flames as Hoskinson ignites the path to community-driven governance.
Cardano's (ADA) highly anticipated Chang hard fork is set to go live on September 1, introducing on-chain governance to the blockchain for the first time since its launch.
A date has been set for the Cardano (ADA) blockchain to go ahead with its long-awaited Chang hard fork. In a post on the social media platform X, the Cardano Community says that the Chang upgrade will move forward on September 1st.
In this bearish market sentiment, the majority of cryptocurrencies including Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) are experiencing significant selling pressure. Amid this market downturn, Cardano (ADA) also appears bearish and may face a substantial price decline despite the accumulation of millions of tokens by whales.
The upcoming Cardano hard fork is expected to significantly upgrade the network, enhancing user experience and overall performance.
Binance announces support for the upcoming Cardano (ADA) network upgrade and hard fork, temporarily suspending deposits and withdrawals.
Cardano Founder Charles Hoskinson has announced the burning of the Genesis Keys, a critical precursor to the forthcoming Chang hard fork. This move is intended to decentralize control and enhance community governance in anticipation of the new upgrade.
TL;DR Binance will support Cardano (ADA)'s network upgrade and “Chang” hard fork on September 1, 2024. ADA deposits and withdrawals will be temporarily suspended during the upgrade; trading will not be affected. The “Chang” hard fork will start the Voltaire era, introducing a decentralized governance system with community-elected representatives.
Despite a strong move last week, Cardano (ADA) started the new week on a rather subdued note, with volatility remaining low through Wednesday. ADA was trading at $0.348 at press time, marking a 3.98% drop over the past 24 hours.
Binance has announced that it will support Cardano's upcoming network upgrade and hard fork. Cryptocurrency exchange giant Binance disclosed its readiness to support Cardano (ADA) for its Chang hard fork in an announcement on Aug. 30.
The 11th largest cryptocurrency, Cardano (ADA), is going for the biggest hard fork to boost the demand in the market. This network was launched in 2017 by Ethereum co-founder Charles Hoskinson and gained instant success in the market.
Analyst Nicholas Merten aka Datadash said that Bitcoin needs to rise significantly for altcoins to do well. Without Bitcoin leading the way, altcoins are unlikely to see a bull market. For example BNB (Binance Coin) recently broke through a long-term support line—a critical level where buyers usually step in.
