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Cardano News
Cryptopotato
1d
340
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The Reasons Why the Cardano (ADA) Price is Up Almost 100% in a Week
- Cardano's ADA has experienced a significant rally, increasing by approximately 93% in the past week.
- The rally can be attributed to multiple factors, including a recent announcement by Cardano's founder Charles Hoskinson, where he discussed plans to collaborate with US policymakers for a more favorable regulatory framework.
- The overall resurgence of the cryptocurrency market and rising total value locked (TVL) on the Cardano ecosystem also contributed to the ADA price increase.
- Over 60% of ADA holders are currently sitting on paper profits, a significant improvement compared to August when almost 90% were underwater.
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TheNewsCrypto
2d
373
Image Credit: TheNewsCrypto
Cardano Hits $0.63 Following Hoskinson’s Political Announcement, Technical Indicators Signal Caution
- Cardano surges 35% to seven-month high at $0.63 before retracing.
- RSI reaches 78.79, highest since December 2023, indicating overbought conditions
- Political catalyst emerges as Hoskinson announces potential Trump administration involvement
- Cardano demonstrates significant price volatility following founder Charles Hoskinson’s announcement regarding potential involvement in future US crypto policy development.
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Zycrypto
6h
198
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Ripple’s XRP, Solana, Cardano, And PEPE Poised For Explosive Thunderstorm After Robinhood Listing
- Crypto trading app Robinhood has expanded its altcoin offerings for US customers.
- Users can now trade XRP, SOL, ADA, and PEPE on the platform.
- This comes amid expectations of a more favorable regulatory environment under the incoming US President-elect, Donald Trump.
- Robinhood aims to provide access to digital assets for those who have been excluded by the traditional financial system.
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Cryptoslate
12h
144
Image Credit: Cryptoslate
Bitcoin rally has pushed Cardano Foundation BTC holdings to over $100 million
- The Cardano Foundation has disclosed that its assets totaled $478.24 million as of Dec. 31, 2023.
- The Foundation holds 82.7% in ADA, 10.1% in Bitcoin, and the remainder in USD liquidity.
- With the recent market rally, the value of the Foundation's Bitcoin holdings has reached an estimated $103.7 million.
- The Foundation allocated $19.22 million to operational resilience, education, and adoption, with the largest share of expenses going toward driving Cardano's adoption.
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Crypto-News-Flash
17h
22
Image Credit: Crypto-News-Flash
Ripple CEO Hints at Partnership with Cardano After Meeting with Charles Hoskinson
- Ripple CEO Brad Garlinghouse and Cardano founder Charles Hoskinson met, hinting at a potential partnership.
- Hoskinson believes that Ripple's upcoming stablecoin RLUSD could be launched on Cardano.
- The news sparked mixed reactions within the crypto community.
- Hoskinson outlined two potential collaborations with Ripple, including integrating Cardano's privacy-focused sidechain and participating in RLUSD.
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NullTX
1d
297
Image Credit: NullTX
CARDANO PRICE ANALYSIS & PREDICTION (November 13) – ADA Taps Four-Month High Following 16% Pumps, Signals Bullish
- ADA broke through several resistance levels to a new multi-week high.
- Bulls are not giving up, but a potential pullback may retest recent resistance levels as support.
- Key resistance levels to watch for an increase: $0.457, $0.49, $0.522.
- Key support levels: $0.416, $0.392, $0.37.
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Bravenewcoin
1d
3
Image Credit: Bravenewcoin
Cardano Booms as Charles Hoskinson Talks White House Policy Role
- Charles Hoskinson, the founder of Cardano, plans to engage with U.S. policymakers to advocate for blockchain-friendly regulations.
- ADA's price surged 35% following the announcement, indicating investor optimism about Cardano's ability to navigate the regulatory environment.
- Cardano's proactive approach to governance is demonstrated by upcoming technological advancements, such as the Chang hard fork and the implementation of Ouroboros Leios consensus mechanism.
- The market's response to Cardano's strategic direction and regulatory engagement highlights its potential as a significant player in the digital asset ecosystem.
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Zycrypto
1d
65
Image Credit: Zycrypto
Cardano Breaks 7-Month Consolidation Range as ADA Decentralized Governance Journey Gets Major Leap
- Cardano (ADA) breaks 7-month consolidation range with a 80.4% weekly surge.
- ADA surpasses $0.60 resistance level and aims for $1.
- Cardano rolls out Node 10.11 update to enhance decentralized governance.
- ADA holders can transfer voting power to Delegated Representatives for independent governance.
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NullTX
2d
94
Image Credit: NullTX
CARDANO PRICE ANALYSIS & PREDICTION (November 11) – ADA Rallies To A 7-Month High Amid Latest Surge, Turns Bullish
- ADA saw a major recovery this week, touching a seven-month high amidst the latest market surge.
- The surge in price was driven by the news of Cardano founder Charles Hoskinson being appointed as the crypto advisor for the new US administration.
- ADA is strongly bullish on the daily chart but may face a potential pullback in the near future.
- Key resistance levels to watch are $0.624, $0.684, and $0.8, while support levels are $0.522, $0.49, and $0.457.
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Crypto-News-Flash
2d
23
Image Credit: Crypto-News-Flash
Cardano News: New MiCA Compliance Whitepaper Template to Boost Cardano Ecosystem’s EU Integration
- The Cardano Foundation has released a whitepaper template to help Cardano-based projects comply with the European Union's MiCA regulation.
- The template focuses on disclosing key information about crypto assets, such as purpose, technology, risks, and issuer details.
- It is part of the Foundation's efforts to support regulatory compliance and maintain transparency in the Cardano ecosystem.
- Cardano's native cryptocurrency, ADA, saw an 83% surge over the past week, reclaiming its position among the top-ten cryptocurrencies.
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Crypto-News-Flash
2d
204
Image Credit: Crypto-News-Flash
Hoskinson Apologizes to XRP Community – Cardano Eyes Partnership with XRP Ecosystem
- Charles Hoskinson apologized to the XRP community, signaling a shift in his stance toward Ripple.
- He proposed two collaboration opportunities, including integrating Cardano’s Midnight sidechain.
- Hoskinson expressed the need to foster a connection between Cardano and the XRP community and outlined two areas of partnership.
- Cardano's ADA rose sharply while XRP's price also increased amid expectations of improved cryptocurrency legislation.
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99Bitcoins
2d
74
Cardano Founder Charles Hoskinson Confirms plans to Collaborate with U.S. Government Under Donald Trump
- Cardano founder Charles Hoskinson plans to collaborate with the U.S. government under Donald Trump's administration.
- Hoskinson aims to impact U.S. crypto policy and is opening a DC office to lobby for crypto.
- He envisions establishing a policy office to address issues like asset classification, stablecoin rules, custody protocols, and tax laws.
- Hoskinson's involvement has caused excitement and speculation about his influence on shaping the regulatory framework for digital assets.
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Bitcoinsensus
2d
70
Image Credit: Bitcoinsensus
Hoskinson Joins Trump’s Team: ADA Price Surges 33%
- Charles Hoskinson announces collaboration plans with Trump's administration for clearer crypto regulations.
- ADA price surges by 33% in response, showing strong market enthusiasm for regulatory clarity.
- Hoskinson aims to work closely with lawmakers to shape crypto-friendly policies starting in 2025.
- Hoskinson's alliance with the Trump administration suggests a bipartisan approach to reforming crypto regulation.
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Cryptoticker
2d
86
Image Credit: Cryptoticker
Cardano (ADA) price surges 80%: What's Next?
- Cardano's price has surged 80% over the past 30 days, reaching a five-month high of $0.59 on November 11.
- The recent rally has been driven primarily by retail investors, according to on-chain data.
- The surge in price follows recent developments in US crypto regulations.
- Gary Gensler's resignation as SEC chairman has sparked hope among investors, including those who steered clear of Cardano in the past, fearing future regulatory battles.
- Charles Hoskinson, Cardano's founder, plans to work closely with the incoming Trump administration to create a solid regulatory framework for the cryptocurrency industry.
- An Input Output Global (IOG) policy division dedicated to crypto regulation will be established to influence key lawmakers and advocate for a clearer and more balanced approach to regulations.
- While currently driven by retail optimism, Cardano's price could continue to rise if the expected upcoming regulatory framework is favorable.
- However, Cardano remains down 81% from its all-time high, which raises questions about its ability to reclaim previous peaks, particularly in the face of significant competition from crypto giants like Bitcoin and Ethereum.
- In the short term, Cardano could experience some retracement, with its yearly inflation rate and overbought state adding some selling pressure.
- The larger question for long-term holders revolves around regulatory developments and whether they provide the necessary confidence boost to propel ADA price closer to its former highs.
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Zycrypto
2d
126
Image Credit: Zycrypto
Cardano Is Outpacing The Crypto Market; Here’s Why
- Altcoin Cardano (ADA) has been outperforming the crypto market with significant gains.
- Cardano's price has surged 14% in the last 48 hours, reaching $0.6.
- The ADA market cap is now $21 billion, with 24-hour volumes at $4 billion.
- Bullish sentiment, increased funding rates, and the upcoming Chang 2 Hard Fork are factors contributing to Cardano's rise.
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