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Cardano News
TheNewsCrypto
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AI Predicts This Token Will Follow Ripple (XRP), Cardano (ADA) and Ethereum (ETH) Price Pumps
- Rexas Finance (RXS) is attracting interest as a potential rival to Ethereum (ETH), Cardano (ADA), and Ripple (XRP) in terms of price increases.
- Rexas Finance aims to build a vibrant ecosystem and improve token value through features like staking, yield farming, and alliances with real estate companies.
- With over $24.3 million raised in its presale, Rexas Finance is on track to have one of the best presales of 2024.
- Rexas Finance is dedicated to involving its audience, as shown by its $1 million giveaway and community-building efforts.
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Bitcoinsensus
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Cardano Price Analysis: Is a Major Reversal Brewing?
- Cardano (ADA) shows strong bullish structure on weekly, daily, and 4-hour charts with higher highs and higher lows.
- A potential shorting opportunity exists in a supply zone above liquidity on the 1-hour chart.
- Traders must exercise caution as price reactions are unpredictable in zones with high liquidity.
- The higher timeframes suggest a bullish momentum while the 1-hour chart indicates a potential short opportunity, but the ultimate direction is uncertain.
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Bitcoinist
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Cardano In Turmoil: Hoskinson Addresses Whistleblower Allegations
- Whistleblower allegations have surfaced suggesting disharmony and strategic manipulation within the Cardano Foundation (CF) and it's relationships with Intersect, EMURGO and Input Output Global (IOG). Anonymous sources within CF suggest the organisation is motivated by personal rivalries and that it is currently undermining IOG, Charles Hoskinson and Intersect's broader governance roadmap. The accusations detail long-simmering tensions between CF and IOG and the alleged contention has intensified in recent months.
- The whistleblower alleges that CF's failing leadership is motivated by personal disquiet, rivalries and a desire to limit IOG's and Charles Hoskinson's influence rather than serving the interests of the wider community. They highlight CF's late-stage engagement and attempts to undermine Cardano's on-chain governance framework.
- The whistleblower's memo is particularly critical of the CF's move into Catalyst, the community's innovation funding platform.
- According to the anonymous source, the CF used its large ADA holding in Fund13 as leverage against governance outcomes it disapproved of, and that the move sets a dangerous precedent.
- Cardano founder Charles Hoskinson has addressed some of the whistleblower's claims and admits he agrees with some of the statements made, adding that he has no idea whether the CF will vote against the community constitution or budget.
- He also criticised CF's opaque decision-making structure, highlighting that the board members are not community elected or appointed and no one can influence or veto their decisions or policies.
- At present, the cryptocurrency's ADA traded at $1.16.
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Zycrypto
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Cardano Whales Snap Up Over $100 Million Worth of ADA in A Day Amid Market Lull
- Cardano whales have accumulated over $100 million worth of ADA in a day, signaling bullish sentiment.
- These whales, holding over 100 million ADA, now own a total of 3.27 billion coins.
- Whales have been consistently buying during consolidations and taking profits during price surges.
- Analysts see the recent accumulation as a strong bullish indicator, with projections of ADA reaching $6 by July 2025.
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TheNewsCrypto
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Cardano Swings Along With the Bull Market As Price Rallies 15%
- Cardano price has shown a significant increase of 15.16% in the last 24 hours.
- The altcoin's daily trading volume has dipped by 12.04% as per CMC data.
- Cardano has joined in on the bull run with a 15.16% price increase over the past day.
- A recent market analyst report suggests that Cardano might continue its upward trend.
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Crypto-News-Flash
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Cardano Foundation Accused of Internal Politics and Growth Suppression, Hoskinson Responds
- Allegations of internal politics and governance issues within the Cardano Foundation have sparked debates, with Hoskinson agreeing with some of the whistleblower’s concerns.
- Hoskinson expressed doubt about CF’s support for the proposed constitution and highlighted leadership challenges within the organization.
- Despite these issues, Cardano remains focused on innovation and ecosystem development, with advancements like Hydra Doom to enhance transaction handling.
- Despite internal challenges, Cardano's ADA token has demonstrated market resilience, rebounding in price and potentially reaching $4 in the future.
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Bitcoinist
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Cardano Founder Reveals Bitcoin DeFi Roadmap For 2025
- Charles Hoskinson, the founder of Cardano, plans to integrate Bitcoin into a decentralized finance (DeFi) ecosystem by 2025.
- The plan involves leveraging Bitcoin's liquidity and creating a layer-2 like network.
- Hoskinson aims for a meaningful demo by Bitcoin 2025 in May.
- The integration could enhance cross-chain transactions and expand the capabilities of Cardano's DeFi ecosystem.
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Crypto-News-Flash
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Hoskinson Reveals Cardano’s Future as a Multichain Ecosystem with Midnight Integration
- Cardano's Charles Hoskinson reveals that the ecosystem could become multi-chain with the Midnight launch.
- Cardano aims to connect with other chains like Ethereum and Solana.
- The partnership with BitcoinOS would bring liquidity to Cardano before BitcoinOS pulls out during integration.
- The collaboration between EMURGO and BitcoinOS aims to unlock cross-chain capabilities and strengthen Cardano ecosystem.
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Crypto-News-Flash
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5 Reasons XRP, Tron, and ADA Are Leading the Charge in the Dino Coin Rally
- XRP, ADA, ALGO, HBAR, XLM, and other old dinosaur coins (Dino coins) have experienced significant growth in the recent bull run.
- Five factors that have fueled this growth include the massive involvement of South Korean investors and regulatory clarity.
- XRP saw a surge of 450% in a month, displacing Tether from the third position in market cap.
- Cardano (ADA), Algorand (ALGO), Hedera (HBAR), and Stellar Lumens (XLM) also experienced significant surges in their prices.
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Crypto-News-Flash
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Cardano’s Plans for Bitcoin DeFi Revealed by Charles Hoskinson
- Charles Hoskinson plans to bring DeFi to Bitcoin through Cardano’s ecosystem, with a demo expected by May 2025.
- Partnerships and infrastructure upgrades like the Hydra testnet position Cardano to unlock Bitcoin’s untapped DeFi potential.
- Hoskinson aims to integrate Bitcoin into DeFi, describing it as a 'sleeping giant' with untapped potential.
- Cardano's infrastructure optimization and scalability prepare it for DeFi expansion and bringing advanced products to Bitcoin's massive user base.
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TheNewsCrypto
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Cardano Historical Patterns Signal Potential 494% Rally by Mid-2025
- Cardano drops 22.47% weekly to $1.01 amid market correction
- Analyst Ali Martinez identifies pattern similarity with 2020/2021 bull run
- Maintains $4-$6 price target for mid-2025
- Martinez suggests strategic entry points for long-term bullish investors
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Crypto-News-Flash
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Cardano News: ADA Poised for $4 Breakout as Key Support Level Holds, Says Analyst
- Cardano (ADA) is predicted to reach $4 in the next 30 to 60 days, following a historical trend.
- ADA recently reached a yearly high of $1.3 but has since declined by 20%.
- The broad market experienced a significant flush-out, leading to crypto liquidation of $1.76 billion in 24 hours.
- Analysts believe ADA has the potential to rebound and hit a new all-time high, with predictions ranging from $2 to $4.
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Newsbtc
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Cardano Follows 2020 Bullish Pattern – Top Analyst Plans To Take Profits Between $4 And $6
- Cardano (ADA) faced a 23% retrace from its local highs, but remains one of the top-performing altcoins since November 5.
- Analyst Ali Martinez suggests Cardano's current price chart resembles its 2020 bullish phase, indicating a potential rally.
- The interplay between Bitcoin's performance and altcoin activity will shape ADA's price action.
- Cardano's ability to hold key support levels and regain momentum will determine its next move.
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TheNewsCrypto
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Cardano Momentum Cools as Sentiment Shifts and Security Concerns Surface
- Cardano trades sideways above $1 amid fading bullish momentum.
- Foundation’s X account hack adds to market uncertainty.
- MACD signals potential bearish trend shift.
- Cardano facing resistance at $1.10, next major price movement depends on breaching this level.
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Crypto-News-Flash
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Charles Hoskinson Highlights Cardano’s Role in U.S. Crypto Policy alongside Multiverse, Algorand, and Hedera
- Charles Hoskinson, co-founder of Cardano, suggests the establishment of a policy office to discuss regulations and international harmonization.
- He proposes three actions in the short term: withdrawing unfair lawsuits against crypto companies, developing a strategy based on crypto's role in the country, and pursuing international harmonization.
- Hoskinson reaches out to leaders of Hedera Hashgraph, Algorand, and Multiverse for discussions on crypto regulations and asset classifications.
- Recently, former SEC Commissioner Paul Atkins was appointed, and Ripple CEO Brad Garlinghouse criticized SEC for hindering US crypto growth.
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