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Cardano News

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Bitcoinist

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Cardano Foundation Reveals $659 Million Treasury In ADA, BTC And Fiat

  • Cardano Foundation unveils a treasury worth $659.1 million split across ADA, BTC, and fiat reserves.
  • Assets as of December 31, 2024, consisted of 76.7% in ADA, 15.0% in BTC, and the remaining 8.3% in cash and financial assets.
  • The Foundation's spending strategy included allocations for adoption, operational resilience, and education, with $29.2 million spent in 2024.
  • Transparency was a key focus, with financial data recorded directly on the Cardano blockchain using the Reeve tool.

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Crypto-News-Flash

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ADA Explodes 30% in New Bull Run—$1.22 Breakout Looms

  • Cardano's price has surged by nearly 30% in a week, peaking at $0.777 but facing resistance at the 200-day M.A.
  • Traders are hopeful for a breakout towards $1.22, with the cryptocurrency showing signs of strength and potential.
  • The Cardano Foundation launched Reeve, a financial reporting tool, contributing to the price rally.
  • Charles Hoskinson, the founder, predicts significant capital inflows into altcoins, potentially fueling a broader rally.

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TechBullion

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Cardano Chart Pattern Predicts 383% Rally as BONK Explodes and BlockDAG Unlocks 80% With Beat Vesting Pass

  • A Cardano chart pattern suggests a potential 383% rally, drawing attention to technical setups and historical market structures.
  • BONK experiences a rally with a sharp breakout and potential for further gains with technical indicators showing growing strength.
  • BlockDAG introduces the Beat Vesting Pass, allowing users to unlock 80% of BDAG tokens at launch, focusing on real utility within the network.
  • Amidst speculative momentum in the market, BlockDAG stands out by offering tangible user benefits and a focus on utility-driven incentives.

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Blockonomi

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Cardano Breakout Gains Speed: Is a $2 ADA Price Rally Now in Play?

  • ADA price rallies 19.5% in 24 hours, breaking from a symmetrical triangle formation.
  • Cardano reclaims 50-week EMA, historically followed by over 100% price surges, with indications toward $1.77 and $2 targets.
  • RSI and volume spikes support ADA's bullish momentum for further gains, mimicking previous rallies.
  • Cardano's current breakout suggests potential for significant upside toward $2, drawing optimism from traders amidst broader market strength.

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Bitcoinist

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Cardano Ramps Up LATAM Expansion Through New IOG–TxPipe Deal

  • IOG, the company behind Cardano, has partnered with TxPipe to nurture blockchain developers in Latin America, focusing on Argentina.
  • The partnership entails recurring hackathons, workshops, and meet-ups to onboard engineers onto the Cardano ecosystem using the TX3 developer toolkit.
  • Both firms aim to host community events showcasing IOG's privacy-focused protocol, Midnight, in conjunction with fostering local talent and long-term ecosystem growth.
  • With the Buenos Aires office inauguration and ongoing efforts to cultivate technical talent, IOG seeks to establish Cardano as a prominent player in the Latin American blockchain space.

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Crypto-News-Flash

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Cardano Jumps 12% While Dogecoin and Sui Gain 10%—Is Alt-Season Here?

  • Cardano (ADA), Sui (SUI), and Dogecoin (DOGE) have surged by at least 10% in 24 hours, hinting at a possible altseason, but analysts suggest it hasn't fully commenced.
  • Bitcoin (BTC) reached a new all-time high of $118k, driving the Altcoin Index up and positively impacting top altcoins like ADA, DOGE, and SUI.
  • ADA rose by 12%, DOGE by 10%, and Sui by 11% in 24 hours, with notable increases in market cap and trading volume for each cryptocurrency.
  • Speculation about the altseason continues, with Bitcoin dominance at 63.77% and analysts indicating specific levels (67%, 69%, or 71%) that could signal the start of the altseason.

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TheNewsCrypto

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Cardano (ADA) Price Prediction 2025, 2026-2030

  • Bullish 2025 prediction for ADA is $1.3564 to $3.0711.
  • Bearish 2025 prediction for ADA is $0.2440.
  • Analyzing ADA's price movement potential using technical indicators and comparisons with BTC, ETH.
  • Future predictions suggest ADA may reach $5 soon, 2026-2030 predictions included.
  • Current ADA market status, technical analysis, price prediction insights, and comparison with other cryptos.

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Cryptoticker

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Cardano Price Prediction: Can ADA Price Reach $1 Next?

  • Cardano (ADA) has seen a strong recovery, currently trading around $0.735, with bullish momentum indicated by RSI at 71.07.
  • Key resistance levels lie at $0.7203 and $0.8475, with a short-term correction below $0.75 signaling testing of supply zones.
  • On the 1-hour chart, ADA faces resistance near $0.74, with a neutral RSI at 45.34, potentially leading to a dip towards $0.7203 support.
  • A reclaim of $0.75 could trigger a breakout towards $0.80+, with ADA's ability to hold above $0.72 crucial for maintaining the uptrend.

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Newsbtc

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Cardano Flashes Major Buy Signal—$1.90 Target Unleashed

  • Crypto analyst Investing Broz has identified Cardano (ADA) as a promising altcoin amid rising Bitcoin valuations and a potential altseason.
  • Investing Broz highlighted ADA's recent technical breakout above a long-standing resistance level, signaling bullish momentum.
  • The analyst forecasted a price target of $1.90 for Cardano in the coming weeks, based on a traditional breakout target technique.
  • Investing Broz advised short-term traders to consider profit-taking at levels around $1.80 to $2.40, emphasizing the importance of managing volatility.

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Bitcoinsensus

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Cardano Price: Breakout Ahead or Classic Trap Setup?

  • Cardano price is currently bullish on the daily chart, but potential liquidity zones above and below indicate a possible trap scenario.
  • There are equal highs above Cardano's current price, suggesting liquidity resting in those levels, which could lead to a retracement.
  • On the 4-hour timeframe, a supply zone could trigger a short-term reversal, but there are additional highs above it, making shorting risky.
  • Traders are advised to be cautious due to potential liquidity traps, stop hunts, and the uncertainty surrounding Cardano's price movements.

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Bitcoinist

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Hoskinson Says Cardano Bitcoin DeFi Vision Is No Longer Just Theory

  • Input Output CEO Charles Hoskinson announced that Cardano's DeFi vision with Bitcoin is now a reality, moving beyond theory.
  • Live transactions are already occurring between Bitcoin mainnet and Cardano mainnet, demonstrating real interoperability.
  • The toggle switch innovation aims to simplify user experience, allowing seamless transitions between systems with transactions in Bitcoin.
  • Hoskinson highlighted the alignment of Cardano's computational layer with Bitcoin's security layer, emphasizing staying true to Bitcoin's core values.

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TheNewsCrypto

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Cardano 2025 Price Forecast: ADA Eyes $2 While Ozak AI Gathers Steam for a 1000% Surge

  • Investors are eyeing high-potential altcoins like ADA and Ozak AI for 2025.
  • Cardano aims for $2 with recent hard fork improving smart contract capabilities.
  • Ozak AI, priced at $0.005, gains momentum with AI-powered crypto platform.
  • Different risk-reward profiles: Cardano offers stability, while Ozak AI promises high returns.

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Newsbtc

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Cardano Price Explodes 30% In Past Week — Analyst Calls $5 Next Market Top

  • Cardano's price has surged by 30% in the past week, breaking out from its previous consolidation below $0.6.
  • An analyst on social media platform X predicts a market top of $4.9 for the ADA token in the near future.
  • The current ascending channel pattern on the daily Cardano price chart suggests a sustained long-term bullish trend, potentially leading to new all-time highs.
  • The ADA token is currently around $0.7124, with positive daily gains indicating a bullish momentum in the market.

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TheNewsCrypto

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Can Cardano (ADA) Ride the 18% Wave to Hit $1?

  • Cardano (ADA) has surged over 18% and is currently trading at $0.7462 with a market cap of $26.30 billion.
  • ADA's daily trading volume has increased by over 115%, reaching $2.16 billion, and there has been a $6.33 million Cardano liquidation in the last 24 hours.
  • Technical indicators like MACD and CMF suggest a bullish momentum for ADA, although the asset is in an extremely overbought condition with an RSI of 91.56.
  • The four-hour price chart indicates a bullish outlook with potential resistance at $0.7468 and a support level around $0.7454, with possibilities of further gains or a downward correction.

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Moneyweb

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Over $1bn in liquidations shows pain hitting crypto bears

  • Over $1 billion in bearish crypto bets were liquidated in the past 24 hours as Bitcoin reached an all-time high of $118,847.
  • Bitcoin's surge led to the largest single liquidation of $88.5 million on the exchange HTX, wiping out a total of about $1.29 billion in positions across all tokens.
  • Bullish signs in the crypto market are emerging, including renewed ETF inflows and positive US regulatory news, contributing to Bitcoin's rise to near $119,000 and Ether surpassing $3,000.
  • The recent rally in cryptocurrencies signals a divergence from traditional stock movements, with various triggers like trade turmoil and retail investments fueling the upward trend.

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