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Cardano News
Bitcoinist
12h
292
Image Credit: Bitcoinist
Input Output Exits Cardano Leadership Ahead Of Elections
- Input Output Global (IOG) will relinquish its seat on Cardano's Interim Constitutional Committee after community elections conclude this summer.
- The company, which played a key role during the 2024 Chang hard-fork transition, will not stand for reelection but will continue to fulfill its mandate until its expiration.
- The upcoming elections mark a shift in governance, with community candidates now competing on equal terms with founding entities to help govern the Cardano blockchain.
- IOG's withdrawal from the committee does not impact its technical role in Cardano's open-source development, with the elections giving over 4 million ADA wallets a direct say in interpreting and enforcing the Cardano Constitution.
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17 Likes
TronWeekly
20h
263
Image Credit: TronWeekly
Cardano Rocked by $600M Smear Claim: Hoskinson Uncovers Key Backer
- Charles Hoskinson accused Optim Finance of leading a smear campaign against Cardano, involving false claims of 318 million ADA diversion.
- In response, Hoskinson initiated an audit to verify Cardano's protocol and disprove the $600 million theft allegation spread in the ecosystem.
- Cardano faced community outrage over allegations, leading to intensified scrutiny, demand for accountability, and rejection of false information without evidence.
- Hoskinson distanced himself from Optim Finance, cutting ties and pulling his stake out, urging Cardano participants to follow suit, resulting in a 23.7% drop in O's price.
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15 Likes
Crypto-News-Flash
1d
347
Image Credit: Crypto-News-Flash
Crypto Price Outlook for June 2025: Dogecoin and Cardano Predictions
- Bitcoin's surge above $109,000 in early June triggers increased trading activity in the crypto space, benefiting tokens like Dogecoin and Cardano.
- Dogecoin is expected to potentially surge by 17% to $0.265 by the end of June 2025, with positive sentiment and an upcoming platform launch by Elon Musk.
- Meanwhile, Cardano is gaining attention for its upcoming sidechain Midnight focusing on stock trading on blockchain networks, with projections indicating a 25% increase to $0.966 by June 25, 2025.
- Both Dogecoin and Cardano are influenced by market optimism, potential ETF developments, and tech launches, offering potential gains amidst Bitcoin's positive momentum in the crypto space.
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20 Likes
Newsbtc
1d
30
Image Credit: Newsbtc
Cardano (ADA) Capped Below Resistance — Will Buyers Regain Control?
- Cardano (ADA) price started a fresh decline below the $0.80 zone and is now consolidating.
- ADA is trading above $0.750 and the 100-hourly moving average, with a potential recovery above $0.780.
- There was a break above a bearish trend line with resistance at $0.750 on the hourly chart of the ADA/USD pair.
- If ADA clears the $0.7840 resistance zone, it could start another increase targeting $0.80 and higher levels.
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1 Like
Cryptopotato
3d
179
Image Credit: Cryptopotato
Digital Assets See $3.3B Weekly Inflows Despite XRP’s Historic Reversal
- XRP experienced a historic reversal with outflows of $37.2 million, the highest on record, despite digital assets seeing $3.3 billion in weekly inflows.
- Inflows in digital asset investment products brought the cumulative six-week inflow streak to $10.5 billion, with year-to-date inflows reaching a record-breaking $10.8 billion.
- Investors are diversifying towards digital assets due to US economic uncertainty, Moody's credit downgrade, and surging treasury yields.
- Bitcoin led digital asset inflows with $2.9 billion, while Ethereum, Solana, and Sui also saw significant inflows. XRP faced outflows along with multi-asset products.
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10 Likes
Cryptopotato
3d
358
Image Credit: Cryptopotato
Charles Hoskinson Backs Ripple Over Coinbase in Circle Takeover Battle
- Charles Hoskinson supports Ripple in the bidding war with Coinbase for Circle, aiming to break the monopoly in the crypto space.
- Hoskinson believes a potential Ripple-Circle deal would offer better custodianship for stablecoins.
- Ripple and Coinbase are reportedly competing with multi-billion dollar bids for acquiring Circle, the issuer of USDC stablecoin.
- Cardano is in talks to integrate Ripple's stablecoin RLUSD into its ecosystem in an ongoing conversation.
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21 Likes
Bitcoinist
4d
56
Image Credit: Bitcoinist
Cardano Is Stuck, Says Hoskinson—Here’s How He Plans To Fix It
- Charles Hoskinson emphasized the importance of Cardano evolving technically and politically to stay competitive in the finance industry dominated by zero-knowledge and AI-assisted technologies.
- He proposed the creation of a virtual city with AI agents to test Cardano's upcoming features like the privacy layer Midnight and finality gadget Ouroboros Paris.
- Hoskinson highlighted the need for a governance model with an executive function, suggesting the introduction of a community-elected 'president' to drive network development and accountability.
- He addressed technical challenges like privacy and scalability, discussed plans for Bitcoin DeFi integration, and expressed determination to refute misinformation about misappropriated funds through an impending BDO forensic audit.
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3 Likes
TronWeekly
4d
44
Image Credit: TronWeekly
Traders Eye $1 as Cardano (ADA) Forms Bullish Pattern on 4-Hour Chart
- Cardano (ADA) is showing a bullish pattern on the 4-hour chart, with a resistance zone between $0.74 and $0.76.
- Analysts foresee potential breakout towards $0.81, $0.88, and $0.996 if resistance is breached, with a possibility of reaching $1.
- ADA's trend is compared to past performance, suggesting a stable rally with a 'coiling' effect that may lead to significant gains if momentum builds.
- Despite setbacks, Cardano's development remains strong, as indicated by progress in governance developments, stable staking levels, and increased demand for stablecoin markets on the network.
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2 Likes
Blockonomi
23h
243
Image Credit: Blockonomi
Cardano Update: Whales Buy 180M ADA as SEC Extends ETF Decision
- Whales purchased over 180 million Cardano (ADA) tokens despite a 6.53% weekly price decline.
- ADA ranks second on CoinMarketCap’s most-voted crypto list.
- SEC delays Cardano ETF decision until October 26, 2025.
- ADA price faces resistance at $0.762, with support at $0.7347.
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14 Likes
Cryptoticker
1d
182
Image Credit: Cryptoticker
Cardano News Today: XRP DeFi on Cardano? Hoskinson Teases Game-Changing Move
- Cardano founder Charles Hoskinson sparked speculation about a possible partnership between Cardano and XRP Ledger for XRP DeFi integration.
- The integration could bring XRP's liquidity and user base to Cardano's smart contract ecosystem, potentially unlocking up to $140 billion in value.
- Cardano is set to integrate Ripple's upcoming stablecoin RLUSD on its privacy-focused sidechain Midnight, enhancing Cardano's DeFi infrastructure.
- This cross-chain initiative may impact Cardano's price positively, with short-term targets between $0.60-$0.75 and a long-term bullish outlook if it becomes a leading DeFi Layer 1 platform.
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10 Likes
Crypto-News-Flash
2d
85
Image Credit: Crypto-News-Flash
Cardano Faces Triangle Breakdown Ahead of Crucial ADA ETF Deadline
- Cardano (ADA) completed a triangle pattern on the daily price chart but a golden cross has formed on another timeframe.
- Investors are closely watching the SEC’s decision on the ADA ETF application nearing the deadline.
- ADA price decreased by 2% in 24 hours, yet saw gains over the past seven days, 30 days, and 90 days.
- Analysts predict market uncertainty as traders await an explosive move, with ADA forming a triangle pattern amidst possible disruptive supply spike and potential bullish reversal with a golden cross.
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5 Likes
Bitcoinsensus
3d
32
Image Credit: Bitcoinsensus
Cardano Price Prediction: Is ADA Setting Up for a Reversal?
- Cardano recently manipulated upward to grab liquidity and trap retail buyers.
- Price is now building liquidity below, likely before targeting a key daily demand zone.
- If a structural shift occurs on lower timeframes (M3/M5), we could be looking at a high-probability long setup.
- The next moves for Cardano could determine whether it pushes higher or heads into deeper waters to grab more liquidity before a potential reversal.
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1 Like
Cryptoticker
4d
329
Image Credit: Cryptoticker
Cardano News Today: ADA Price Prediction Targets $1 as Metrics Remain Strong
- ADA price remains resilient despite market fluctuations, holding above key support levels amidst global trade tensions and Bitcoin's volatility.
- ADA's trading volume surged to $567.73 million, reflecting sustained investor interest even as over $500 million in long positions were liquidated.
- Key metrics such as total staked ADA, treasury resilience, and stablecoin market growth showcase Cardano's strong fundamentals despite price declines.
- Upcoming developments like the Ouroboros Leios protocol and community-driven governance upgrades position Cardano for future growth, with analysts predicting a push towards $1 if ADA maintains levels above key EMAs.
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19 Likes
TheNewsCrypto
6d
115
Cardano Slips Below $0.80 as Bears Gain Control Over Market
- ADA has dropped 6.8% in the past 24 hours, falling below the $0.80 support level.
- Open interest remains high at $917 million, but indicators suggest caution as RSI and Bollinger Band Trend show weakening strength.
- Whale activity has slowed down, potentially leading to price vulnerability around $0.66–$0.64 if key support levels are broken.
- Traders are advised to be cautious as Cardano's recent dip raises concerns about a possible reversal in the market sentiment.
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6 Likes
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