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
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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
The recent distributed denial of service (DDoS) attack on the Cardano network aimed to disrupt its operations. However, the decentralized structure and mechanisms of Cardano effectively thwarted the attack, showcasing its resilience and ability to ensure uninterrupted stability. Despite the malicious attempt, most services on the network, including SundaeSwap, continued to function effectively during the
Scott Matherson is a well-known figure in the cryptocurrency world, particularly for his insightful writing at NewsBTC. His ability to decode complex crypto topics and present them in a clear and engaging manner has earned him a solid reputation among readers. With a background in industries like banking and investment, Scott has been able to
Santiment, an on-chain analytics platform, has highlighted a key factor that may contribute to the potential for Cardano (ADA) and XRP to experience further upward movement in the crypto market. Despite both tokens recently seeing relief pumps following a decline, market traders remain cautious, viewing these movements as merely temporary. In a post on X