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Spotted by veteran analyst Peter Brandt, the classic technical pattern can result in ADA price losing almost 90%, the Cointelegraph reported. Cardano is close to attaining the title of a fully-fledged smart contracts platform following a critical upgrade in mid-July. The project’s founder Charles Hoskinson confirmed that they recently processed the sales of more than $10 […]
Grayscale has just added Cardano to its Digital Large Cap Fund. The top asset management firm announced its quarterly rebalancing that brought up Cardano to be the third-largest holdings of the company. Cardano Is The Third Largest Crypto In Grayscale Digital Large Cap Fund According to Grayscale, there was a little adjustment to accommodate Cardano […]
Cardano has fallen with the rest of the market but seems more resilient than other assets in the crypto top 10 by market cap. At the time of writing, ADA trades at $1.52 with a 2.8% profit in the daily chart and a 3.9% profit in the 1-hour chart. Over the past month, ADA also records […]
Cardano (ADA) has had an impressive run since 2020. Its native token has soared beyond two major price marks at $1 and $2. Due to Bitcoin’s price recent retracement, investors could have another shot at buying ADA before a major milestone is deployed, the NewsBTC predicts. ADA trades at $1,48 with small losses in the daily […]
ADA price crashed the last time Cardano futures open interest reached $1B, leading traders to question whether it is about to happen again, the Cointelegraph reported. Cardano’s (ADA) impressive 816% gain in 2021 catapulted the smart-contract platform’s market capitalization to $61 billion. To fully grasp how far this third-generation protocol has gone, the absolute leader, […]
The current “alt season” has produced serious returns but remains subdued when viewed in BTC terms. ADA, the native token of the Cardano smart contract platform, has joined the altcoins hitting new all-time highs this week. Cardano underscores “alt season 2.0” appetite Data from Cointelegraph Markets Pro and TradingView shows ADA/USD hitting over $1.70 for the first time on […]
Staking for Cardano’s ADA (+9.52%) cryptocurrency is now supported on U.S.-based cryptocurrency exchange Kraken, according to a blog post. Users are able to access the staking option inside their Kraken Staking Wallet after the option went live at 21:00 UTC on Tuesday. Rewards of 4% to 6% are being offered to those staking ADA, Kraken said. Payouts are to […]
Cardano’s network and community are preparing for Plutus, its smart contract platform, to be implemented. Currently, its developer IOG will stress test the platform before integrating it with the mainnet on event Hard Fork Combinator “Alonzo”. Popular analyst Coin Bureau has uploaded a video revealing which cryptocurrencies he holds in his portfolio. Along with Bitcoin, Ethereum, Polkadot, […]
Following the Cardano 360 event, the platform developer Input Output Hong Kong (IOHK) has published a summary of the key points. In addition to showing a demo of a decentralized exchange like Uniswap running on Plutus, IOHK confirmed the date for “D-Day”. Slated for March 31, Cardano’s developer announced that on this date they will […]
ADA recently came within a penny of its previous U.S. dollar all-time price high. Cardano (ADA) made a run at its all-time price high on March 18, following renewed retail interest in the asset. It ultimately hit a price of $1.47 on Thursday, based on TradingView data from the Kraken exchange — just short of its […]