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TheNewsCrypto

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Cardano and Solana Slow Down as Investors Turn to New Altcoin Under $0.1

  • Cardano (ADA) and Solana (SOL) are experiencing a downward trend, while a new altcoin called Rexas Finance (RXS) is gaining attention.
  • Rexas Finance (RXS) is priced under $0.10 and is projected to reach $12 within the next five years.
  • Investors are shifting focus from ADA and SOL to Rexas Finance due to the potential for higher returns and practical use cases.
  • Rexas Finance is offering a $1 million giveaway to increase token demand and attract more users.

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TheNewsCrypto

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Charles Hoskinson Surprised by Bitcoin-Cardano Bridge

  • A Bitcoin developer has created a seamless bridge between Bitcoin and Cardano applications.
  • The bridge, built on Plutus V3, allows Bitcoin wallet holders to interact with the Cardano ecosystem.
  • Charles Hoskinson, the founder of Cardano, expressed surprise at this innovative cross-chain solution.
  • The bridge enables Bitcoin users to send ADA, manage tokens, and participate in Cardano staking pools without a separate wallet.

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Crypto-News-Flash

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Cardano’s Historic 166% Price Rally: Will Hoskinson’s Meeting with Argentina’s President Boost ADA Again?

  • Cardano founder Charles Hoskinson is set to meet with Argentinian President Javier Milei in October during the Tech Forum Argentina conference.
  • The meeting has generated buzz as both leaders share a reputation for their unorthodox crypto ventures and President Milei has shown support for the new asset class.
  • Cardano is leading the charge in Argentina, working closely with Atixlabs and set to capitalize on Milei’s pro-crypto stance to influence government policies favoring ADA’s adoption.
  • Cardano experienced a 166% price rally in 2023 and there is optimism for a potential surge if it mirrors its Q4 2023 rally, targeting resistance levels around $0.509 and $0.600.

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Bitcoinist

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Cardano Founder Warns Trump DeFi Venture Could Politicize Crypto Landscape

  • Cardano and Ethereum co-founder Charles Hoskinson expresses concern over the new DeFi platform venture of former President Donald Trump known as World Liberty Financial.
  • Hoskinson warns that Trump's involvement in crypto could lead to political polarization and potential backlash from Democrats, affecting regulations and stifling industry innovation and growth.
  • Hoskinson criticizes Trump and Vice President Kamala Harris for lacking a clear vision and understanding of cryptocurrency regulation, which is concerning considering their potential leadership roles in America.
  • The potential politicization of World Liberty Financial could have far-reaching implications for the crypto sector, with the possibility of projects moving offshore to more favorable regulatory environments.

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Bitcoinist

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Cardano Founder Weighs In On US Elections — Which Candidate Is Best For Crypto?

  • Cardano founder Charles Hoskinson suggests that former US President Donald Trump is better suited for the US crypto industry than Vice President Kamala Harris.
  • Hoskinson believes that Trump's support for the crypto industry, demonstrated through his participation in conferences and advocacy for favorable regulations, makes him more favorable than Harris.
  • Hoskinson criticizes the Biden-Harris administration for their perceived hostile stance towards the crypto industry, citing enforcement actions initiated by the SEC under Chair Gary Gensler.
  • Analysts at VanEck argue that a Kamala Harris presidency could be more beneficial for Bitcoin, as her economic policies may weaken the US dollar and drive further adoption of the cryptocurrency.

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Zycrypto

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Pundit Predicts An ‘I Told You So Moment’ For Cardano As Price Signals $31 ADA Price Rocket

  • Analyst Dan Gambardello predicts a major breakout for ADA, potentially reaching $31.
  • Gambardello highlights the MACD on the weekly chart as a bullish signal for Cardano.
  • Other analysts also share a bullish outlook, expecting ADA to revisit its all-time high of $3.1.
  • However, some analysts offer a more cautious outlook, predicting a short-term pullback for ADA.

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Newsbtc

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Bullish Analyst Sees Cardano (ADA) Rising 13% As Key Indicator Signals Buy

  • Cardano (ADA) has faced challenges in capitalizing on recent bullish market sentiment.
  • Despite short-term setbacks, analysts remain optimistic about Cardano's future price trajectory.
  • An indicator suggests a potential bullish reversal, prompting analysts to signal buy for ADA.
  • Key support levels and resistance levels to watch for ADA in the coming days.

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Zycrypto

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Cardano Experiences Soaring Whale Activity as Transaction Volume Surpasses $6 Billion

  • Cardano (ADA) experiences soaring whale activity as transaction volume surpasses $6 billion.
  • ADA attracts institutional investors and whales, indicating significant crypto attention.
  • Cardano outperforms other altcoins in terms of technology, scoring 76% in a research study.
  • ADA's falling wedge pattern suggests a potential trend reversal, possibly reaching $0.7.

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Altcoinbuzz

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Cardano Founder to Meet Argentina’s President

  • Cardano founder, Charles Hoskinson, is set to meet Argentina's President during the Tech Forum Argentina on October 19th.
  • Hoskinson aims to discuss the potential of blockchain technology in transforming Argentina's economy and political systems.
  • He will explore the possibility of implementing a central bank digital currency (CBDC) to modernize the financial system.
  • The meeting could open doors for new partnerships and investments, offering opportunities for economic growth in Argentina.

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Bitcoinik

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Cardano founder to meet Argentine president to revive country’s economy: $ADA bull sentiments increase

  • Cardano founder Charles Hoskinson will meet Argentine president Javier Milei to discuss the use of Bitcoin and Blockchain technology to revive the country's economy and political system.
  • The discussion will focus on potential use cases of Blockchain technology and the values and needs of Argentina in the context of technology.
  • Hoskinson clarified that the discussion will not only be about Cardano adoption, but also about the broader crypto ecosystem.
  • Argentina has shown interest in Cardano in the past, and Cardano has a significant presence in the country.

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TheNewsCrypto

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Cardano Shows Positive Surge, ADA Aligns With Broader Market Trends

  • ADA price increases 7.7% in 24 hours, aligning with broader market trends.
  • Short-term holders show reluctance to sell, potentially fueling further gains.
  • Technical analysis suggests possible 31% rally to $0.47 if key resistances are broken.
  • Cardano shows optimistic outlook as it exhibits resilience and bullish momentum.

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Crypto-News-Flash

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Cardano News: Charles Hoskinson Plans Meeting with Argentina’s President – Is ADA the Future of Currency Reserves?

  • Cardano founder Charles Hoskinson is scheduled to meet Argentina’s president Javier Millei in October on the sidelines of Tech Forum Argentina.
  • The meeting could bear great tidings for the ADA community as Milei is known as the world’s most pro-crypto president.
  • The discussions will focus on the future of crypto in Argentina, with Cardano aiming to advance its position in the country.
  • Argentina, with its high inflation rate and growing crypto adoption, presents a unique opportunity for Cardano.

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Newsbtc

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Cardano Goes Bullish On-Chain: Can ADA Price Catch Up?

  • Despite bullish on-chain signals and positive community sentiment, Cardano's ADA price struggles to gain momentum.
  • ADA has won the title for the altcoin with the best technology in a recent survey conducted by Weiss Crypto.
  • Bullish on-chain signals include a high Long/Short Ratio and growing Futures Open Interest.
  • However, ADA's price remains stagnant around $0.33, influenced by bearish sentiments in the wider crypto market.

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Bitcoinist

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US Elections And Crypto: Industry Insiders Predict Potential Market Impact

  • As the US presidential election approaches, experts believe that its potential impact on the crypto market will be minimal.
  • Prominent figures in the crypto industry suggest that global developments play a bigger role in driving the momentum of digital assets and blockchain technology.
  • Bipartisan support in US Congress is seen as key for fostering a regulatory environment conducive to technological advancement.
  • While the US election generates anticipation, insiders agree that the market's trajectory will be influenced by broader global trends rather than political outcomes.

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Medium

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The Dawn Of Conflict

  • Machiavellic's Season 0.1 will officially launch on September 22, 2024, focusing on weapons and unit management.
  • Players will have daily activities and tasks to complete, earning rewards.
  • Convoy events will be hosted in two phases, featuring internal projects and collaboration with other projects.
  • Season 0.1 introduces unique legendary items and weapons, offering distinct playstyles.

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