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Cardano has faced significant volatility and selling pressure, mirroring the struggles of the broader crypto market as it searches for strong support. Since early December, ADA has seen its price plummet by over 61%, with bears dominating the trend and bulls unable to reclaim momentum. Despite the c…
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index.The CoinDesk 20 is currently trading at 3237.73, up 0.8% (+26.27) since 4 p.m. ET on Monday.Fifteen of 20 assets are trading higher.Leaders: ADA (+13.6%) and LTC (+6.5%).L…
TL;DRMore Changes at the SECOver the past few years, Ripplesecuredsome vital partial court wins that seemingly positioned the regulator as the underdog in the legal tussle. Most recently, the SEC enforced some amendments to its leadership, which could also be interpreted as good news for the company…
The cryptocurrency market took a hit today, with the total market capitalization dropping by over 2.5% to about $3.15 trillion on Feb. 7.While the crypto market is known for its volatility, several concrete factors have contributed to this latest dip, including:Liquidations across the crypto market …
Bitcoin’s price experienced some expected volatility after yesterday’s FOMC meeting but has headed north and now sits above $105,000.Most altcoins are in a similar position, with ETH increasing past $3,200 and SOL rising to $240.BTC Above $105KThe primary cryptocurrency had a quiet weekend in which …
Proof-of-stake blockchain Cardano will switch to decentralized governance later Wednesday after the Plomin hard fork takes effect, Cardano Foundation, a non-profit organization backing the project, said on X."The Plomin hard fork takes effect, marking the transition to full decentralized governance.…
Cardano is set to transition to a fully decentralized voting system thanks to its forthcoming major upgrade.The Cardano blockchain will transition to a decentralized governance structure after the Plomin hard fork takes effect, the Cardano Foundation said in a Jan. 29 X post, writing:“The Plomin har…
Bitwise has filed with the US Securities and Exchange Commission to list an exchange-traded fund (ETF) tracking the price of the popular memecoin Dogecoin.The proposed Bitwise Dogecoin ETF would hold Dogecoin and closely track the memecoin’s price movements, according to Bitwise’s Jan. 28. S-1 fili…
Cardano price started a fresh decline below the $1.00 zone. ADA is consolidating and might struggle to start a fresh increase above the $1.00 level.ADA price started a fresh decline from the $1.020 zone.The price is trading below $1.00 and the 100-hourly simple moving average.There was a break below…
The global crypto market cap remained above $3.5 trillion on Jan. 14 after rising by 2.3% over the past 24 hours. Bitcoin led the bullish revival after the crypto asset wicked down to $89,000 for the first time since Nov. 17 but it closed its daily candle at $94,485.Dogecoin (, Cardano (ADA), and XR…
Cardano price started a fresh decline below the $0.9550 zone. ADA is consolidating and might struggle to start a fresh increase above the $1.00 level.ADA price started a fresh decline from the $1.0350 zone.The price is trading near $0.950 and the 100-hourly simple moving average.There was a break ab…
A federal appeals court has ruled in favor of Coinbase, delivering a blow to the Securities and Exchange Commission (SEC) over its refusal to establish clear regulations for cryptocurrency.According to the ruling issued today (Monday), Judges criticized the SEC's handling of the matter, calling its …