Cardano survived the ByBit hack, but can it go on from here?
Cardano is trading above key demand levels after a volatile Friday that saw prices react sharply to the Bybit $1.5+ billion hack news. Bybit is a top cryptocurrency exchange.
Cryptocurrency prices fell in the early Saturday trading session, with major cryptocurrencies XRP, Dogecoin (DOGE), Shiba Inu (SHIB) and Cardano (ADA) all in red. Traders had reacted to an over $1.5 billion heist of the Bybit exchange, which analysts claim was the biggest crypto theft ever.
Despite notable price drops across the cryptocurrency market, Cardano (ADA) has held steady above the crucial $0.74 support level. Additionally, ADA's four-hour chart appears to be mirroring XRP's, which looks bullish. Current Price Momentum Currently, ADA is trading near $0.77 and has dropped 3.25% in the past 24 hours.
In a livestream broadcast titled “Post-Quantum Cardano,” ADA founder Charles Hoskinson laid out a roadmap for making the blockchain quantum-resistant. His remarks come amid rapid developments in quantum computing hardware, including breakthroughs from Microsoft and other tech heavyweights, as well as newly released US government standards for post-quantum cryptography.
Crypto analyst Ali Martinez has noted key support levels for Cardano (ADA) price between $0.67 and $0.80. He emphasized their role in sustaining the current bullish trend.
Cardano, the innovative blockchain platform, has reached an important milestone, reflecting its growing popularity and expanding user base. As of February 19, 2025, the number of wallets created on the Cardano network surpassed a significant 5.2 million.
Bitcoin is showing signs of strength by rallying within a hair of $100,000. Which altcoins will follow?
It's not every day that the crypto world gets a break, but this week, it seems like one just landed. The SEC, after months of legal back-and-forth, has agreed in principle to drop its enforcement case against Coinbase.
Bitcoin (BTC) picked up momentum as it climbed above $98,000, as short-term bulls eye the $100,000 level. A break above this level could power BTC towards $105,000.
Cardano founder Charles Hoskinson has stirred speculation over a potential U.S. government adoption of Cardano (ADA) under Elon Musk's DOGE. The post Elon Musk to Back Cardano? Hoskinson Hints at US Crypto Adoption Plans appeared first on Cryptonews.
As Cardano (ADA) dips to $0.78 and XRP struggles at $2.7, investor confidence is shaking amid market uncertainty. ADA faces low developer activity, while XRP's regulatory battle continues to weigh it down. Meanwhile, Mutuum Finance (MUTM) is catching attention with a disruptive lending model that could reshape DeFi.
Cardano (ADA) has recently shown promising signs of a potential breakout, supported by favorable market conditions and growing optimism among traders.
This week, we examine Ethereum, Ripple, Cardano, Binance Coin, and Solana in greater detail. Ethereum (ETH) Ethereum continues to consolidate and closed the week with a 2% price increase.
Cardano founder Charles Hoskinson has outlined a strategy to secure the network in a post-quantum world. In a Feb. 20 broadcast, he emphasized the urgency of adapting blockchain systems as quantum computing advances.
Cardano (ADA) may soon experience a significant price shift, according to prominent analyst Ali Martinez. The analyst, in a February 19th post, highlighted the asset's current formation of an ascending triangle pattern on its 3-hour candle chart.
While Cardano's native token ADA remains 74.3% below its all-time high value of $3.09, a favorable technical pattern is taking shape. A closely followed crypto analyst has identified one pattern that could trigger an over 20% move in the price of ADA.
Mike Novogratz is convinced XRP and Cardano are among the industry leaders per their first-mover advantage.
In a recent livestream, Cardano founder Charles Hoskinson sparked significant speculation regarding whether the US government could adopt Cardano under the guidance of Elon Musk—now heading the newly formed Department of Government Efficiency (DOGE).
Cardano (ADA) has been making waves in the market lately, but some traders are starting to wonder whether its recent rally is really the start of a sustained upward trend—or just a short squeeze. As of February 20, 2025, ADA continues to hover below the $1 mark, a level that historically has signaled a potential breakout.
Following Bitcoin's move over the $97K value, the Cardano price has also pumped. Although marginal (only 3% over the last 24 hours), this increase has been the result of constant updates, as well as the recent bi-weekly digest from the Cardano community.
Cryptocurrency mogul Mike Novogratz has weighed in on the staying power of the Ripple-affiliated XRP token during a recent appearance on "Galaxy Brain" alongside Pantera Capital founder Dan Morehead.
ADA has risen by 3% in the past 24 hours, with its jump to $0.79 coming after Cardano voted with an 85% majority to ratify its first ever constitution. The post Cardano Ratifies Constitution with Overwhelming 85% Approval – Is ADA Set to Surge? appeared first on Cryptonews.
Cardano (ADA), the ninth largest cryptocurrency by market capitalization, has seen a 5% increase in price amid a slight rebound on the crypto market, which saw Bitcoin surpassing the $97,000 mark once again.
Cardano Foundation revealed that the network's community has officially ratified the blockchain's constitution, setting the stage for its implementation on Feb. 23. In a Feb. 19 post on X, the Cardano Foundation said: “The Cardano Constitution has been ratified.
The relative balance between buying and selling pressure in the Cardano market has kept the coin's price in a narrow range since the beginning of February.
As cryptocurrency market conditions rebound, Cardano price shows signs of recovery, signaling renewed momentum for the asset. Despite this rebound, ADA price has struggled to maintain consistent momentum eyeing more gains ahead.
ADA is testing a key resistance at $0.812, with a symmetrical triangle indicating a potential breakout or rejection. Elliott Wave and Fibonacci levels suggest targets at $0.929 or lower supports at $0.70.
The cryptocurrency market in 2025 has been a year of contrasts, marked by major milestones amid persistent economic uncertainty.
Considering its current impressive performance many people want to know if ADA is a good investment asset?
Can ADA sustain its momentum, or is this rally just a short squeeze?
Despite the ongoing market recovery, ADA, the native token of the Cardano blockchain, seems to be struggling to gain momentum. However, the asset has soared by nearly 4.5% in the past 24 hours and is currently trading near $0.78.
Cardano has formally adopted its Constitution, which is one step closer to providing decentralized governance. Founder Charles Hoskinson announced the milestone in a video broadcast on Tuesday, stating that the final version of the Constitution replaces the interim one.
Cardano has been trading below $1 for a month, struggling to regain the momentum it had at the end of 2024. While ADA has shown signs of recovery, technical indicators remain mixed.
Bitcoin remains stuck inside the range, with no clear indication of a price breakout or breakdown.
Cardano's technical indicators flashed bearish signals, suggesting that it could dip further to test the flag support.
In a recent Cardano360 update, Input Output Global (IOG) unveiled plans for its next major innovation, Ouroboros Leios, which aims to dramatically enhance Cardano's speed and scalability.
Flux Point Studio CEO $decimalist highlighted a significant development poised to transform the Cardano ecosystem by solving its liquidity challenges. The blockchain gears up for “a flood of new liquidity” as it taps Talos's analytic capabilities, innovative UTxO management, real-time DEX routing, integrated risk scores, and advanced social sentiment indicators.
Major news just broke out regarding the U.S. wing of the world's largest cryptocurrency exchange, Binance. In the last couple of years, the activity of Binance US, and the black-and-yellow exchange broadly, has been significantly shredded due to regulation and law enforcement implemented by the previous SEC administration.
Cardano has reached a significant milestone weeks after a successful Plomin hard fork. According to an X post by the Cardano Foundation, the Cardano Constitution has now been ratified, paving the way for a more robust on-chain governance framework.
Cardano founder Charles Hoskinson believes Artificial General Intelligence (AGI) could emerge within three to five years, marking a transformative moment in AI evolution. In a Feb. 19 post on X, Hoskinson said: “I'd say we are 3-5 years away from AGI.
In this article, we explore the latest analyses of the cryptocurrency Cardano (ADA) price and the Jio Financial Services (JIOFIN) stock.
The Cardano blockchain has ratified its first official constitution, surpassing the set threshold with an overwhelming 85% approval rate. The decision replaces Cardano's interim constitution and locks in a new governance framework that will guide the ecosystem's evolution.
The Cardano (ADA) market is currently facing significant price pressure, leaving traders and investors wondering what comes next. The cryptocurrency, which has experienced a sharp decline in recent weeks, is showing signs of a bearish structure, and the road ahead could be bumpy.
Grayscale's Cardano ETF filing sent ADA soaring, but Rollblock is stealing the spotlight with a 450% presale surge and predictions of another 400% gain. #partnercontent
The U.S. Securities and Exchange Commission's (SEC) recent acknowledgment of XRP ETF filings has created a stir in the crypto community. These filings mark a major milestone for the cryptocurrency, as the application was previously rejected or withdrawn.
Cardano saw strong DeFi and stablecoin growth in the fourth quarter of 2024 as it reflected increased adoption as TVL, transaction volume, and network engagement expanded.