Cardano, like many other altcoins, has felt the impact of the recent crypto market crash that was initiated by the decline of Bitcoin. This has left many investors questioning the future of altcoins, including Cardano. However, there are some individuals who see this market downturn as an opportunity to purchase Cardano at a discounted price,
Cardano
Cardano, a blockchain platform founded by Charles Hoskinson, is on a journey towards full decentralization through a series of carefully planned phases called “eras.” Each era is named after influential figures in various fields, such as poets, mathematicians, or computer scientists, and brings new functionalities to the platform through hard forks. One of the most
In the midst of a downward spiral in the overall crypto market, Cardano (ADA) has managed to stand out with its resilience and growing user engagement. While the global crypto market cap took a hit in July, Cardano has shown an increase in on-chain activity, according to data provided by the Cardano foundation. This indicates
The cryptocurrency market has been witnessing a significant development in terms of large transaction volume, particularly with Cardano (ADA) competing with Ethereum in this aspect. Data from market intelligence platforms like IntoTheBlock and Santiment confirms that Cardano has been experiencing a surge in large transaction volume, indicating a wave of accumulation among the token’s large
Cardano (ADA) has been facing a downward trend, but there is a glimmer of hope with the potential formation of an inverted hammer on the weekly chart. This pattern suggests a possible trend reversal from bearish to bullish, indicating potential buying pressure. However, confirmation is necessary with a subsequent bullish candle. ADA’s technical analysis shows
In recent weeks, Cardano (ADA) has experienced a significant increase in Exchange Traded Product (ETP) inflows, amounting to an impressive 300%. This unexpected surge in capital from institutional investors has sparked speculation about a potential uptrend in the market, particularly in light of the upcoming Chang hard fork. CoinShares, a prominent firm in the crypto
The U.S. Securities and Exchange Commission has decided to put a hold on its claims that Solana (SOL), Cardano (ADA), and Polygon (MATIC) are unregistered securities in its current legal battle against Binance. This development comes after the SEC filed a joint status report in the U.S. District Court for the District of Columbia, signaling
Cardano is currently in a critical phase with the impending Chang hard fork, marking a significant milestone for the network. The recent upgrade of its node validation software has set the stage for this major update, which is expected to have a significant impact on the Cardano ecosystem. As the network prepares for this transition,
Cardano (ADA) has been on a downward trend over the past seven days, with the price dipping below the $0.41 mark. This decline is part of a broader trend seen in many altcoins, which have reacted negatively to Ethereum’s recent drop. This correction comes after a bullish run earlier in the month, where ADA holders
In the rapidly evolving world of cryptocurrency and blockchain technology, Dalmas Ngetich stands out as a seasoned reporter with a distinct viewpoint. His expertise in NFTs, blockchain, DeFi, and crypto news has been honed through years of experience in journalism, coupled with a background in mechanical engineering. With over a decade of work in the