Binance Freezes Cardano (ADA) Transactions Temporarily: What You Need to Know
"Deposits and withdrawals for token(s) on the aforementioned network will be reopened once the upgraded network is deemed to be stable," Binance said.
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"Deposits and withdrawals for token(s) on the aforementioned network will be reopened once the upgraded network is deemed to be stable," Binance said.
The cryptocurrency market is currently facing a downturn, with major coins experiencing notable price drops. Bitcoin (BTC) is trading at $102,584.12, down by 0.27% over the past 24 hours, though it still shows a 2.77% increase over the last week. Ethereum (ETH) has dropped to $3,141.78. Cardano (ADA) has fallen to $0.9424, showing a 1.
The cryptocurrency market is buzzing with activity as Cardano (ADA) shows signs of recovery, forming a bullish divergence on its charts, while Solana (SOL) struggles after losing a critical support level.
Cardano (ADA) is gaining momentum with a price of $0.944, up by over 4% today after the slight crash that hit the crypto market earlier this week. Could the ADA price surge to 2?
Cardano (ADA) has, in the last 72 hours, experienced intense price volatility. Notably, after the ninth coin by market capitalization failed to breach the $1 psychological level, it plummeted to a low of $0.8725.
The crypto market shows signs of recovery, sparking investor interest in high-potential digital assets. Analysts highlight five USA- Coins to buy as standout picks for those aiming to turn a $10,000 investment into $1,000,000 by 2025.
Cardano, the popular layer-1 network, has seen little movement this year, but several fundamentals and technical patterns point to a potential bullish breakout.
In a recent announcement, major cryptocurrency exchange Binance indicated that it will temporarily suspend deposits and withdrawals on the Cardano network on Jan. 29, 2025, due to the upcoming Cardano hard fork. This measure is standard practice during major network upgrades to prevent any potential issues or disruptions.
While short-term challenges persist, ADA's long-term outlook remains bright.
Among the top picks are Ripple (XRP), Ethereum (ETH), Cardano (ADA), Polkadot (DOT), and the rising star Lightchain AI (LCAI). Here's why these coins are capturing whale attention.
Binance Exchange said it will support the Cardano Plomin hard fork set for January 29.
After a few days of bearish dominance, the crypto market turned bullish. This allowed most altcoins to paint their daily charts green, including Dogecoin (DOGE).
Despite current market conditions, a Shiba Inu (SHIB) and Cardano (ADA) breakout is on the horizon; DTX Exchange (DTX), a new DeFi coin, entered the final ICO stage amid massive whale interest.
Lightchain AI has been making waves in the crypto market, raising over $13.2 million in its presale, showcasing strong investor interest and confidence.
The Cardano community is talking about Tuttle Capital's recent announcement that it filed for a 2X Cardano Leverage ETF. Cardano's adoption and trading patterns may be greatly impacted by this move, but there are also significant risks involved.
Bitcoin and other major altcoins, led by XRP, rebounded back on Monday night and into Tuesday morning, after being caught up in the stock market sell-off inspired by the emergence of China's DeepSeek artificial intelligence. Having tumbled below $97,000 in heavy selling at the start of the week, bitcoin remained mostly below $100K during until late evening in Europe, mid-afternoon in the US.
PYUSD's integration into Cardano enhances DeFi liquidity, providing users with new stablecoin options and increasing cross-chain transaction potential.
Cardano recovered slightly over the past 24 hours, leaving the price to trade below $1. With Bitcoin back above $102k, the crypto market outlook has flipped bullish again.
ADA has soared by more than 8% in the past 24 hours and is about to retest the significant resistance at $1.
Cardano (ADA) has been on a consistent decline, failing to breach the critical barrier of $1.13 in recent weeks. The cryptocurrency now trades below $1.00, reflecting its ongoing struggles to regain momentum.
Bloomberg analyst Eric Balchunas noted that the SEC had not withdrawn Tuttle's ETF filing yet, suggesting a potential approval.
Binance has announced that it is supporting the upcoming network upgrade and hard fork of Cardano, which is set to take place tomorrow, on Jan. 29, 2025, at around 21:45 UTC.
In the past day, Cardano (ADA) has seen a 14% retrace amid the crypto market's pullback. The cryptocurrency recently saw its price lose the $1 mark, descending below $0.90 on Monday morning.
The daily performance returns of these tokens will be tracked and generated through swaps, call options, and direct investments, per the filing.