The crypto market has been on a road to recovery, but the sad truth remains that a significant number of Cardano holders are still facing losses. This fact has sparked various speculations as to why Cardano, also known as ADA, is the worst performer in terms of profitability among the top 10 largest cryptocurrencies by
Cardano
Dalmas Ngetich is a seasoned crypto reporter who brings a unique perspective to the industry. With a background in mechanical engineering and over a decade of experience in journalism, Dalmas has crafted over 10,000 news and feature articles in the past eight years. His specialization in NFTs, blockchain, DeFi, and blockchain news for NewsBTC reflects
Cardano (ADA) has recently seen a 40% increase from its lowest point this month, yet it is still significantly down from its peak earlier this year by 45%. Despite being a major player in the cryptocurrency world, Cardano has been facing immense pressure in recent months. External data reveals a concerning trend in the decrease
Cardano (ADA) has seen a notable 20.29% increase in price over the past week, aligning with the overall positive trend in the cryptocurrency market. This surge in ADA’s trading volume, starting from a low of $0.335 on July 8, has allowed it to outperform many other high-market-cap cryptocurrencies. One of the primary factors contributing to
Born and raised in Edo State, Nigeria, I have always been surrounded by a supportive family who have been my pillars of strength throughout my life. Growing up with three siblings who served as my idols and mentors, I was able to navigate the complexities of life with their guidance. My parents, in particular, have
The Cardano blockchain has experienced a period of relative calm since the beginning of July, mirroring a consolidation in ADA’s price. Alongside this, on-chain transaction data has revealed that Cardano whales – holders of large amounts of ADA – have also been relatively inactive since the last week of June. Daily whale inflows have remained
Cardano (ADA), the eighth-largest cryptocurrency by market capitalization, has recently experienced a notable 3.4% price increase in the past 24 hours. This surge comes amid a broader recovery in the cryptocurrency market, with Bitcoin and Ethereum also seeing slight gains of 2.5% and 2.2%, respectively. Technical analysis on TradingView suggests that Cardano may be on
Samuel Edyme, also known as HIM-buktu, is a multifaceted individual with a diverse skill set. Starting as a web3 content writer, journalist, and aspiring trader, Edyme has carved a niche for himself in the crypto universe. Despite facing setbacks early on, such as falling victim to a Ponzi scheme, Edyme persisted and used his experiences
Cardano (ADA) has been on a rollercoaster ride recently, moving from its yearly high of $0.810 in March to as low as $0.357 on June 22. Despite this volatility, ADA has shown resilience compared to Bitcoin (BTC) and Ethereum (ETH), with a 2% increase in the past 24 hours and over 12% in the past
Upon analyzing the recent price movements of Cardano, crypto analysts have discovered a new technical pattern that could indicate a substantial rebound for the cryptocurrency. This pattern, known as a falling wedge, is seen as a signal of the end of a consolidation phase and the beginning of a potential reversal or continuation pattern in