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Cardano News
Crypto-News-Flash
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Cardano Founder Confirms Midnight Airdrop Will Reach 37 Million, Including XRP Holders
- Cardano founder, Charles Hoskinson, confirms that the Midnight airdrop will reach 37 million users, including XRP holders.
- The airdrop will distribute NIGHT and DUST tokens to users across multiple blockchains.
- Midnight aims to advance the 'fourth generation' of blockchain by prioritizing secure, private, and compliant data interactions.
- The airdrop highlights the collaboration between the Cardano and XRP ecosystems.
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Bitcoinist
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Cardano Founder Teases Airdrop To 37 Million Users Across 8 Blockchains
- Cardano Founder Charles Hoskinson emphasized the need for cross-chain collaboration in the fourth generation of blockchain.
- Hoskinson announced plans for an upcoming airdrop to distribute tokens to users of eight different networks.
- He highlighted the importance of decentralization, privacy, and identity for mainstream blockchain adoption.
- Hoskinson introduced Midnight, a consensus protocol that brings multiple networks into a shared security environment.
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Cryptoticker
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Cardano Price Prediction: ADA Price Rebounds as Crypto Market Rallies
- Cardano (ADA) is one of the biggest winners in the crypto market as it gained momentum after the announcement of a 90-day pause on global tariffs by U.S. President Donald Trump.
- ADA price increased by 10% in the past 24 hours, reaching around $0.62.
- The pause in the U.S.-EU trade war and successful breakout above $0.60 resistance level are boosting confidence in ADA's price.
- With continued market rebound, ADA could easily push above $0.70, but if $0.60 fails to hold as support, a pullback towards $0.54 or $0.50 may occur.
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Newsbtc
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Cardano Price Prediction: ADA Set To Crash To $0.4 After Correction To Liquidity Zone
- Cardano (ADA) is facing bearish pressure and may head towards the $0.40 region after a correction to an important liquidity zone.
- ADA's price structure and technical analysis indicate a bearish outlook, with lower highs and potential breakdown below key support levels.
- If ADA fails to hold the $0.581 support level, it could further drop towards $0.4564, $0.42, and potentially $0.40.
- The recent surge in crypto market volatility and lack of aggressive buying add to the possibility of more downside moves for ADA.
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Crypto-News-Flash
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Cardano Price Forecast: Is $0.50 the Next Stop for ADA as Dormant Wallets Surge?
- Cardano's price has dropped 17% in the past seven days as dormant wallet activity rises.
- Cardano's trading volume over 24 hours has declined by 10.37% to $1.37 billion.
- Bearish indicators for Cardano include decreased open derivative contracts and options volume.
- Positive sentiments in the market stem from plans to integrate Bitcoin into Cardano's DeFi ecosystem and potential collaboration with Ripple.
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TheNewsCrypto
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Will Cardano Bears Succeed in Reaching the $0.4 Support, as Token Continues to Fall?
- Cardano shows price drops, raising speculations of hitting $0.4 support.
- Volume of daily trading increases slightly by 2.07%.
- Cardano's recent price movements indicate a bearish trend.
- If the bearish pattern continues, Cardano may reach the $0.4 support level.
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Cryptopotato
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Trump’s Trade War Proves Blockchain’s Value, Says Cardano’s Hoskinson at Paris Blockchain Week
- IOG's founder, Charles Hoskinson, spoke at Paris Blockchain Week about the value of blockchain and decentralization.
- Hoskinson believes the Trade War initiated by Trump proves the need for blockchain and decentralization in a world with too much centralization.
- He warned that the entrance of tech giants like Amazon, Apple, Google, and Microsoft into the blockchain industry may centralize control and urged the decentralized side to collaborate and stand together to avoid being overpowered.
- Hoskinson outlined the agenda for the industry, emphasizing the merging of Traditional Finance (TradFi) and Decentralized Finance (DeFi) into a unified concept of Finance (Fi).
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Cryptoticker
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What Happened to Dogecoin and Cardano Today?
- Dogecoin (DOGE) saw a short-term pump to $0.15 but is being outpaced by tokens like TRX in terms of real-world use cases and fundamentals.
- Cardano (ADA) has solid technology but hasn't seen the same DeFi traction or user growth as other cryptocurrencies.
- TRON (TRX) has surpassed Dogecoin in market capitalization and is gaining visibility due to its expanding DeFi ecosystem, strong USDT volume, and institutional partnerships.
- The shift in crypto rankings indicates that utility is becoming more important than hype, with TRON's infrastructure-first approach gaining momentum in the market.
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TronWeekly
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Ripple’s New RWA Video With Cardano Logo Suggests Alliance May Be Brewing
- Ripple's new video prominently displaying the ADA logo has sparked collaboration rumors with Cardano.
- Ripple projects that tokenized assets could reach $18.9 trillion by 2033, growing at a 53% compound annual growth rate (CAGR).
- Trader Merlijin and analyst George Tung believe a Ripple-Cardano partnership may be imminent.
- Ripple's video focused on tokenization of real-world assets and how it can reduce costs and improve transaction speeds.
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Crypto-News-Flash
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Cardano and Ripple Tease a Potential Partnership
- Ripple (XRP) featured the Cardano (ADA) logo in a promotional video, sparking speculation about a possible partnership.
- Cardano founder Charles Hoskinson confirmed discussions with Ripple executives about a potential collaboration.
- The potential partnership aims to tap into the $18 trillion tokenization market.
- Both Ripple and Cardano missed out on the Wyoming stablecoin project, raising further interest in a collaboration.
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Crypto-News-Flash
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Cardano News: Dev Purchases 686,567 ADA in Major Treasury Development
- Sébastien Guillemot, a Cardano contributor and dcSpark co-founder, has donated $460,000 worth of ADA tokens to the Cardano Treasury, including a loan repayment of $400,000 and accumulated interest of $60,000.
- dcSpark has updated the Cardano Rust SDK to support the on-chain treasury donation feature, allowing other developers to contribute more efficiently.
- Despite a drop in ADA price, Guillemot emphasized the long-term value of strengthening the Cardano Treasury.
- The Cardano Treasury now holds over 1.72 billion ADA, valued at approximately $927.08 million, enhancing its capacity for funding development and innovation.
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TheNewsCrypto
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Cardano Developer Donates $460K in ADA to Cardano Treasury Despite Market Dip
- Cardano developer Sebastien Guillemot has donated $460,000 in ADA to the Cardano treasury through his company dcSpark.
- The contribution consists of a $400,000 loan and $60,000 in interest, enabled by the newly added on-chain treasury donation feature.
- The donation was made using ADA purchased at an average price of $0.67 per token, but ADA's price has since dropped.
- Despite the market dip, the donation aims to increase the Cardano treasury's reserve and support grants, development, and future initiatives.
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Cryptoticker
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Cardano Price Prediction: ADA Crashes Over 16% in One of Its Worst Drops This Year
- Cardano (ADA) experienced a sharp 16.36% drop in the past 24 hours.
- The drop is part of a broader crypto market selloff, with multiple altcoins losing double digits.
- ADA is currently trading at $0.53 and is at a major support zone between $0.50 and $0.52.
- The reasons behind the crash include heavy sell-offs, outflows from exchanges, global market uncertainty, and weak momentum.
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TheNewsCrypto
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Will Cardano (ADA) Survive the Crypto Market Meltdown Triggered by Global Tariffs?
- Cardano (ADA) has experienced a significant drop in price, falling to $0.5511, close to its November 2024 low.
- The recent tariffs imposed by the U.S. have triggered a sell-off, affecting Cardano and the broader crypto market negatively.
- ADA is currently priced at around $0.5574 with a market cap of $19.66 billion.
- Technical indicators suggest a bearish trend for Cardano, with potential support around $0.48 to $0.50 and a possible death cross formation.
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Bitcoinsensus
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Cardano Price Prediction April 2025: Is ADA Ready to Surge?
- Cardano (ADA) price prediction for April 2025 is analyzed.
- Long-term potential of Cardano's future value remains bullish.
- Technical indicators suggest a bullish breakout, with caution and key levels to watch.
- Cardano's expansion and network upgrades could position it as a competitor to Ethereum in the future.
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