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Cryptonews
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October Token Unlocks: TIA to Unlock $1.1b, Plus SOL, ADA & SUI Unlocks
- Celestia is allocating over US $1b worth of TIA to early adopters, investors, and community members, one year after its initial airdrop.
- Other tokens unlocking in October include Solana, SUI, ADA, Internet Computer, and Axie Infinity.
- Token unlocks aim to prevent supply shock upon airdropping the project's token.
- Solana is releasing about 524K SOL (valued at AU $117m) over the next week.
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Crypto-News-Flash
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Bitcoin (BTC) Plummets Amid Israel-Iran Tensions—More Volatility Expected as Conflict Escalates
- Bitcoin (BTC) plummeted to $61k after tensions escalated between Israel and Iran, with over 180 missiles fired into Israel.
- Geopolitical instability led to a liquidation of $250 million in futures positions and a sell-off in US equities.
- Bitcoin and other cryptocurrencies experienced a decline, with Ethereum down 6% and Binance Coin, Solana, Dogecoin, and Cardano also dropping.
- Analysts remain optimistic for a rebound in Bitcoin price as the US presidential election outcome becomes clearer.
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Newsbtc
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Cardano (ADA) Faces Risk Of 30% Drop – On-Chain Metrics Confirm A Slow Demand
- Cardano (ADA) has seen a surge following the Federal Reserve's interest rate cuts announcement, but the sustainability of the rally is being questioned.
- On-chain data reveals declining demand for ADA, raising doubts about the current uptrend.
- Cardano faces a significant risk of a 30% drop to its yearly low of around $0.27.
- Failure to break above current resistance levels could lead to further downside pressure.
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Zycrypto
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Strong ‘Uptober’ for Cardano Envisioned as September Posts First Positive Close in 6 Years
- Cardano (ADA) experienced a rally in September but faced a sharp recoil, extending losses into October.
- Analysts are forecasting a possible rebound for ADA, citing historically bullish patterns in the cryptocurrency market.
- ADA's risk levels have historically provided good entry points for investors, according to analysts.
- Despite recent setbacks, ADA achieved its first positive September and analysts expect significant upward movement.
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Zycrypto
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More Like Cardano? Buterin Unveils Plan for Enhanced Decentralized Ethereum
- Vitalik Buterin proposes a more decentralized and cooperative Ethereum network.
- The proposal emphasizes the need for unified governance and project development.
- Buterin suggests clear metrics to assess alignment and contributions to the Ethereum ecosystem.
- The proposal may reflect an acknowledgment of Cardano's strengths and a challenge in decentralized governance.
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Cryptoslate
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BitGo to provide custodial services for Cardano-based USDA stablecoin
- BitGo will offer custodial services for USDA, a Cardano-based stablecoin.
- The collaboration involves BitGo Trust, USDA’s issuer Anzens, and EMURGO.
- The partnership aims to create a secure stablecoin solution for Cardano blockchain.
- Stablecoins play a vital role in the crypto industry, with a $173 billion market cap.
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Crypto-News-Flash
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Cardano Price Faces Pressure: Hoskinson Skips Dubai for Roadmap Reveal in Buenos Aires—Can Roadmap Boost ADA Sentiment?
- Analysts believe that ADA's bearish run could continue, potentially falling to $0.31.
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Crypto-News-Flash
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Cardano and Solana Face Large Token Unlocks in October – Should SOL and ADA Investors be Concerned?
- Cardano and Solana will both face token unlocks in October, with Solana’s larger release likely to raise more market concerns than Cardano’s smaller one.
- Cardano plans to unlock 37.06 million tokens, valued at $14.34 million, representing 0.10% of its circulating supply.
- Solana is preparing for a larger unlock of 524.03 million tokens, worth $81.56 million, accounting for 0.11% of its supply.
- Other major token unlocks scheduled for October include Aptos, Sui, IMX, and NEAR, which could add to market volatility across various crypto markets.
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Bitcoinik
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Cardano ($ADA) Bullish Sentiment Soars as Binance CEO and Cardano Foundation CEO Prepare for Exclusive Fireside Chat
- Cardano Foundation CEO & Binance CEO will have a fireside chat on Building Resilient, High-Performing Organizations.
- Binance leaders are speculated to be planning to mint Binance-friendly tokens on the Cardano blockchain network.
- The current trade price of $ADA coin is $0.37, with a 4.36% increase over the last 7 days.
- ADA is expected to see a potential recovery in the coming months, with a predicted average price of $0.451 for October 2024.
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Zycrypto
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Cardano Development Soars Despite ADA’s Struggle to Take Out $0.50
- Cardano (ADA) has struggled to breach $0.50 despite a 14% rise in the past week.
- Cardano's ecosystem has shown impressive growth with increased project development and token utilization.
- The number of projects building on Cardano has reached 1,376, a 4.24% increase from January.
- Experts maintain a bullish outlook, expecting a potential significant rally for ADA in the midterm.
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TheNewsCrypto
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Trending Cardano (ADA) Rival Below $0.10 Set to Skyrocket to $10 in Just 6 Months
- Rexas Finance (RXS) is predicted to be a strong competitor to Cardano (ADA).
- The platform aims to revolutionize real-world asset transactions using blockchain technology.
- The RXS token has seen successful presale phases, with high investor confidence.
- Experts predict the token's value to increase from $0.05 to $10 within 6 months.
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NullTX
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CARDANO PRICE ANALYSIS & PREDICTION (September 30) –ADA Meets Resistance At $0.4, Will It Surpass This Key Level?
- Cardano's short-term outlook is slowly turning bullish, following a new reversal pattern in the daily timeframe.
- The price of ADA met resistance at $0.4 and failed to overcome it during yesterday's surge.
- The bulls are still in control on the monthly scale, with a potential for a bigger price movement in the next few days.
- Key resistance levels for ADA are $0.45, $0.49, $0.52, while key support levels are $0.365, $0.30, $0.276.
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TheNewsCrypto
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Top 3 Crypto Predictions for 2025: Bitcoin to Hit $150,000, Ethereum to Double, Viral ‘Cardano-Killer’ Token to Explode 2500%
- Bitcoin's 'cup and handle' pattern may see the cryptocurrency hitting $150,000 by early 2025.
- Ethereum is expected to double in value by 2025, with the cryptocurrency predicted to surpass the $5,000 mark.
- Rexas Finance, a new token dubbed as the 'Cardano-Killer' is said to explode by 2500% by 2025.
- Bitcoin's low volatility and oversold conditions may lead to a significant upward movement as global liquidity rises and BTC supply tightens.
- Ethereum's supremacy in the smart contract market, the backbone of decentralized apps and decentralized finance, grants it a significant edge in the crypto space.
- Rexas Finance's ability to tokenize actual assets including real estate and gold creates fresh opportunities for fractional ownership and worldwide access to assets once limited by geographical or financial constraints.
- Rexas Finance presents several opportunities that help it to be a strong competitor in the DeFi market, including the Rexas DeFi platform and the Rexas Token Builder.
- Experts predict that Bitcoin, Ethereum, and Rexas Finance are set to bring significant gains to the crypto market by 2025.
- Rexas Finance's Stage 3 presale has already raised over $1,479,947 and early investors stand to potentially make a 6x return on their investment.
- Now is the chance to maximize the innovative potential of the crypto market and set yourself up for the approaching bull run by joining the RXS token presale.
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Zycrypto
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Cardano Founder Slams Critics for Misrepresenting His Views On Ethereum
- Charles Hoskinson, co-founder of Cardano and Input Output Global, criticizes media outlets for misrepresenting his views on Ethereum's governance model.
- Hoskinson clarified that he was highlighting the differences between various blockchain governance models and not attacking Ethereum or Vitalik Buterin personally.
- He emphasized Cardano's middle ground approach to governance, allowing voting for leadership and roadmap decisions.
- Hoskinson called for more accurate and nuanced reporting in the cryptocurrency space, suggesting live and unedited interviews to prevent misinterpretation.
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Bitcoinist
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Cardano Turns 7: A Look Back At Key Milestones And The Road Ahead
- Cardano celebrated its seventh anniversary, highlighting key milestones and achievements.
- Cardano has facilitated over 95 million transactions and executed over 74,000 Plutus scripts.
- The Catalyst funding program has supported over 1,800 funded ideas for upgrades and developments.
- Cardano's roadmap includes the transition to decentralized governance in the Voltaire era.
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