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Cardano News
TheNewsCrypto
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Cardano (ADA) Bounced Back After Dropping 24% In a Day
- Cardano (ADA) price experienced high volatility but recently broke out above key EMAs.
- Last week, ADA price surged by 38% following the announcement of Trump's US crypto reserve.
- Currently, ADA price is trading above key EMAs, and RSI and MACD indicators indicate a bullish trend.
- If ADA successfully breaks the $1 psychological level, a potential rally is expected.
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TheNewsCrypto
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Hoskinson Rates XRP and ADA as Blue Chips, Calls Solana “Mid”
- Cardano founder Charles Hoskinson classified XRP and ADA as safe blue chip cryptocurrencies due to their longevity and resilience.
- Hoskinson noted that the U.S. crypto reserve currently includes BTC, XRP, SOL, ETH, and ADA, praising XRP and ADA for their strong ratings.
- He mentioned Solana as “kinda mid” for being neither new nor old.
- Hoskinson highlighted the need for a working group to determine additional assets and the procurement process for the U.S. crypto reserve.
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Zycrypto
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March is a Big Month for Bitcoin, Ether, XRP, Solana, Cardano, Shiba Inu — Here’s What to Keep an Eye Out For
- March is expected to be a promising month for Bitcoin and the broader crypto market, with several bullish events and market patterns.
- Stablecoins are a key focus, with events scheduled to clarify their use in the US, including a CEO forum and a voting session on the GENIUS Act stablecoin bill by the Senate Banking Committee.
- The first White House Crypto Summit with President Trump is set for March 7th, with positive expectations from market participants.
- On March 21st, the SEC will host a roundtable to discuss crypto regulation, following the integration of crypto task force members earlier.
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Pymnts
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What the White House’s Crypto Strategy Means for Payments Innovation
- The White House plans to create a U.S. cryptocurrency reserve by buying and holding cryptocurrencies with American tax dollars.
- The five tokens eyed by the U.S. government are bitcoin, Ethereum, XRP from Ripple Labs, SOL from Solana, and ADA from Cardano.
- These tokens highlight the government's growing acknowledgment of blockchain-based finance and digital payments.
- Bitcoin is valued for its dominance in the market and potential role as a reserve asset.
- Ethereum is known for dApps and smart contracts, with a transition to a more energy-efficient proof-of-stake model.
- XRP by Ripple Labs serves as a bridge currency for cross-border payments, showing potential regulatory sentiment shifts.
- Solana is favored for high-speed, low-cost transactions, appealing for payments and decentralized applications.
- Cardano focuses on scalability and sustainability, making it a contender for enterprise and government use cases.
- The U.S. government's interest in these tokens reveals a broader strategy to integrate digital assets into payments infrastructure and financial services.
- Regulatory clarity will be crucial for fostering a healthy digital asset ecosystem and mainstream adoption.
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Bitcoinist
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Here’s Why The Dogecoin And Shiba Inu Prices Crashed Double-Digits In The Last Day
- The prices of Dogecoin and Shiba Inu have experienced double-digit crashes in the last 24 hours.
- This decline is attributed to factors like Trump's tariffs on Canada and Mexico, sparking a bearish sentiment in the crypto market.
- Other contributing factors include the Trump administration's decision to pause military aid to Ukraine and the Federal Reserve's quantitative tightening policies.
- Controversies surrounding the inclusion of altcoins in the crypto strategic reserve and the Bitcoin price drop have also impacted the prices of Dogecoin and Shiba Inu.
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NullTX
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Cardano ($ADA) Surges 60% Following Trump’s “US Crypto Reserve” Announcement: Is an ETF Approval on the Horizon?
- Cardano ($ADA) surged by 60% after Donald Trump's announcement of a “US Crypto Reserve,” pushing its value beyond $1 for the first time in a month.
- The surge in ADA's value shows growing institutional interest and confidence in Cardano's long-term prospects.
- Trump's move to include Cardano in the US Crypto Reserve positions it as a cryptocurrency with 'store of value' potential.
- The likelihood of a Cardano ETF approval in 2025 has significantly increased, with odds now at an all-time high of 70%.
- Cardano's unique features, including a proof-of-stake consensus mechanism and scalability, make it an appealing investment asset.
- The network's partnerships in various sectors and use cases contribute to confidence in its long-term sustainability.
- Investors are anticipating the April 10th deadline for the Cardano ETF application, with a potential approval expected to drive price surges.
- Cardano's price surge signifies growing recognition of its technological advancements and evolving ecosystem.
- If the Cardano ETF is approved, it could mark a significant milestone for the asset and signal further institutional adoption.
- With increasing institutional confidence and the likelihood of ETF approval, Cardano appears poised for further growth in the crypto market.
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Cryptoticker
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Will ADA Price Crash to $0 or Is a Rebound Incoming?
- ADA experienced a significant correction after reaching a peak above $1.20.
- ADA's key support level is at $0.60, which has historically acted as a strong demand zone.
- The technical indicators show that ADA is currently in a neutral zone, but a breakout above $1.20 could indicate bullish momentum.
- If ADA fails to break above resistance, it could retest the $0.60-$0.65 support zone.
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Crypto-News-Flash
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Cardano News: ADA Founder Hoskinson Ditches ETHDenver for Florida—Is He Heading to Trump’s Mar-a-Lago?
- Charles Hoskinson skipped ETH Denver to attend an event in Florida, sparking speculation about a possible meeting with Donald Trump.
- Rumours have been circulating about a possible meeting between Cardano founder Charles Hoskinson and U.S. President Donald Trump.
- Hoskinson's past involvement in crafting U.S. cryptocurrency policy and his desire to impact U.S. crypto regulation indicate a potential advisory role for Hoskinson in shaping the government's crypto policy team.
- While there is no official confirmation of a meeting, such a meeting could have implications for the cryptocurrency industry, potentially leading to the introduction of better regulatory frameworks and impacting market dynamics and investor confidence.
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Cryptonews
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Trump’s Crypto Reserve Plan Faces Uncertain Future with Potential Congress Vote
- President Trump’s post about including Bitcoin and various altcoins in a US reserve initially triggered significant market rallies before prices crashed.
- Establishing a cryptocurrency reserve is a complex process requiring congressional approval, with several states already rejecting similar proposals.
- Some crypto experts argue for a Bitcoin-only approach to the reserve, questioning the inclusion of altcoins like XRP, Solana, and Cardano.
- Ripple’s CEO suggests that the crypto industry needs unity rather than division to achieve mainstream adoption.
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Bitcoinist
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‘Just Words’: Arthur Hayes Criticizes US Crypto Strategic Reserve, Cites Funding Concerns
- Arthur Hayes, the founder of BitMEX, has criticized the recently announced US Crypto Strategic Reserve, calling it 'just words' and questioning its feasibility without the approval of the US Congress.
- The US Cryptocurrency Strategic Reserve was announced by President Donald Trump, following the executive order to strengthen American leadership in digital financial technology. Trump stated that top cryptocurrencies made in the USA, including Solana, Cardano, XRP, Bitcoin, and Ethereum, would be part of the reserve.
- However, Hayes and other market analysts have expressed concerns about funding the reserve. They highlighted the need for congressional approval, allocation of funding sources, and the establishment of a compliance framework by various agencies.
- Some community members believe that Trump's announcement signals the start of a crypto arms race, with Bitcoin and Ethereum being considered as the most important assets.
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Zycrypto
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Analyst Predicts Cardano Boost To $40 ADA Price, Suggests Current Prices Will Never Be Seen Again
- Cardano (ADA) experienced a historical price surge, jumping from $0.64 to $1.13 in a single day after President Trump mentioned it as a key asset in the U.S. Crypto Strategic Reserve.
- Analysts predict ADA could reach $40 before a correction back to around $6, emphasizing a bullish outlook and potential for price doubling.
- On-chain data reflects Cardano's growing momentum, with increased daily active addresses and dApp deployments. The Total Value Locked has also seen a sharp increase.
- The potential launch of Cardano spot ETFs in the U.S. and the call for ADA listing on prominent exchanges could further fuel demand for the cryptocurrency.
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Newsbtc
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Cardano Surge To $1.17 Triggers Overbought Warnings: Time To Sell?
- Cardano's recent price surge challenges the $1.17 resistance level.
- A temporary slowdown or pullback may occur if the resistance is not broken.
- Technical indicators suggest a potential downturn for ADA.
- Key support levels hold the potential for a bullish turnaround.
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Insider
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Trump wants America to stockpile crypto. Here's how that could work.
- President Donald Trump plans to establish a US strategic cryptocurrency reserve including popular cryptocurrencies like bitcoin, ether, XRP, sol, and ada.
- This initiative has led to a surge in the prices of these cryptocurrencies and boosted the overall crypto market value by $300 billion.
- While the exact details of the plan are yet to be revealed, Trump aims to make America a global leader in financial innovations like blockchain through this reserve.
- Trump's push for a crypto reserve has been viewed as a strategic move to dominate the global crypto market and hedge against inflation.
- The chosen cryptocurrencies have specific functions: bitcoin as digital gold, ether for smart contracts, XRP for cross-border payments, sol for scalability, and ada for sustainability.
- Concerns have been raised about the volatility and security risks associated with holding crypto assets as strategic reserves.
- Critics question the reliance on cryptocurrencies given their susceptibility to theft, regulatory uncertainties, and close affiliations with certain entities.
- Despite the enthusiasm among investors for this initiative, uncertainties remain about the implementation and effectiveness of a strategic crypto reserve.
- The plan to establish a US strategic cryptocurrency reserve signifies a significant step towards mainstream adoption and legitimization of cryptocurrencies.
- The Trump administration's move has been seen as a potential game-changer that could accelerate the integration of cryptocurrencies into traditional financial systems.
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Bitcoinik
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Bitcoin Hater Peter Schiff Slams $XRP, Hoskinson Calls $XRP a Great Tech
- Peter Schiff slammed $XRP Cryptocurrency & said it makes no sense to add it with Crypto Strategic Reserve.
- Cardano founder Charles Hoskinson defended $XRP Cryptocurrency.
- Ali chart predicted that Cardano’s native token $ADA is poised to hit $2.2 soon.
- Peter Schiff is a popular Bitcoin hater.
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TheNewsCrypto
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Cardano (ADA) and Shiba Inu (SHIB) Rise While Investors Look to New $0.20 Crypto for Big Bull Run Returns
- Cardano (ADA) and Shiba Inu (SHIB) show signs of recovery and slight increases in the cryptocurrency market.
- Investors are looking towards new projects like Rexas Finance (RXS) for potential big returns in the next bull cycle.
- Rexas Finance (RXS) is an Ethereum-based token priced at $0.20, offering exponential growth potential with its strong ecosystem and real-world asset tokenization approach.
- Cardano (ADA) has experienced a decline in price over the past three years but is expected to resurge, especially after Grayscale files for an ADA ETF.
- Shiba Inu (SHIB) has seen a price surge to $0.000016, with traders showing interest in meme coins like SHIB for potential value appreciation.
- Rexas Finance (RXS) differentiates itself with a focus on real-world asset tokenization, bridging the gap between traditional finance and decentralized technology.
- RXS is currently in its final presale stage, with high market interest evidenced by over $46 million generated and more than 450.1 million tokens sold.
- The token has strong tokenomics, with a total fixed supply of one billion tokens, fostering scarcity and higher demand.
- Rexas Finance has passed a Certik audit for security and has listings on major crypto tracking platforms like CoinGecko and CoinMarketCap.
- With a low entrance cost and potential for significant gains, Rexas Finance presents a strategic investment opportunity for those seeking high returns in 2025 and beyond.
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