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Cardano witnessed some important developments in the last few days, while its native token experienced a substantial pullback. We will explore these topics further in the following lines.Grayscale shows further support for CardanoEarlier this year, the leading digital asset manager, Grayscale, added…
Cardano Foundation is sponsoring WiFi at the Internet Identity Workshop (IIW) taking place on April 8th-10th in Mountain View. The event focuses on identity systems that prioritize user control, aligning with Cardano’s efforts demonstrated in projects like Veridian. Refer to the official tweet by AD…
A crypto user has gone very long on Solana, staking a very small portion of the token for the next 3,000 years, according to blockchain analytics firm Arkham Intelligence.The unknown user staked $0.05 Solana in 2023, and it will unlock in the year 5138, Arkham said in an April 5 post to X.Speaking …
After weeks of constrained price action and consistently lower highs, Cardano (ADA) appears to have finally broken free from its bearish grip. A recent analysis by crypto trader TehThomas on the TradingView platform confirms that ADA has broken out on the 4-hour chart, which may be marking the begin…
Cardano is currently trading around a key daily demand zone, with bulls attempting to step in and stabilize price action after weeks of decline. The broader crypto market remains under pressure, driven by persistent macroeconomic instability and heightened global uncertainty. As financial markets co…
For years, Cardano (ADA) has been a cornerstone of the crypto landscape, consistently ranking among the top digital assets by market capitalization. Yet, despite its prominence, ADA’s performance has left many investors questioning its long-term prospects. While it recently made headlines for being …
Bitcoin rose 4.25% last week to close above $86,000, and the bulls extended the recovery above $88,700 on March 24. 10x Research founder Markus Thielen said in a March 23 report that Bitcoin’s reversal indicators had turned positive, suggesting a “renewed uptrend.”Buyers seem to be returning to the…
Most coins keep rising at the end of the week, according to CoinStats.CoinStats">The price of Cardano has fallen by 0.33% over the last day.TradingView">On the hourly chart, the rate of ADA is falling after a false breakout of the local resistance of $0.7152. If the decline continues, traders may w…
It is not every day that Ansem, a trader who has earned a solid reputation over the past year as one of the sharpest minds in the crypto space - especially known for his focus on Solana - turns his attention to Cardano . But here we are, with the expert trader releasing a detailed ADA price outlook …
Cardano is showing signs of resilience after days of consolidation, holding firmly above the crucial $0.70 support level. Despite the broader market facing turbulence from ongoing macroeconomic uncertainty and heightened trade war fears, ADA has managed to maintain stability—offering hope to investo…
Despite Cardano finding support above $0.70, over 1.05 billion ADA have been traded among futures traders, per current open interest data. The altcoin has struggled to maintain support in the last seven days but briefly slipped to $0.6872 before recovering.Cardano open interest trendDespite this in…
By James Van Straten (All times ET unless indicated otherwise)Macroeconomic factors continue to drive bitcoin's (BTC) short-term price volatility as it holds steady above $80,000, with a wave of significant news emerging over the past 24 hours.Still, there's a risk-off feeling in the air as the dive…