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Cardano News
TronWeekly
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SEC Acknowledges Application to List Grayscale’s Cardano ETF
- SEC begins review of Grayscale's spot Cardano ETF filing.
- Grayscale seeks to list Cardano ETF on NYSE Arca exchange.
- Grayscale aims to expand crypto ETF offerings with Cardano.
- The SEC's acknowledgment initiates the review process for Grayscale's Cardano ETF application.
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Bitcoinsensus
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Cardano ETF Proposal Acknowledged by SEC: What’s Next?
- The United States Securities and Exchange Commission (SEC) has acknowledged NYSE Arca's proposed rule change to offer a Cardano ETF product.
- The SEC has 45 days (or up to 90 days if needed) to approve or reject the proposed rule change.
- The Grayscale Cardano ETF proposal will now enter a public comment period, lasting up to 30 days, with the final decision to be made in up to 180 days.
- ADA saw a 2% surge post-filing, despite being down almost 10% over 24 hours.
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Crypto-News-Flash
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ADA Poised for a Surge—Can Cardano Confirm a Breakout?
- Cardano's ascending triangle pattern suggests a potential bullish breakout.
- Cardano's on-chain and derivatives market data indicate growing momentum.
- Recent data shows a balance between bullish and bearish traders, signaling a directional breakout.
- Cardano's ascending triangle pattern and increased trading volume indicate positive market sentiment.
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Newsbtc
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ADA Charts Turn Bearish – Technical Indicators Signal More Pain Ahead
- Cardano (ADA) price charts are turning bearish, with technical indicators signaling further downside.
- ADA has struggled to maintain its footing, failing to reclaim crucial resistance zones.
- Negative crossovers below the 100-day SMA and a declining RSI indicate diminishing bullish strength and a shift toward a bearish trajectory.
- Key support levels to watch for potential rebounds are around $0.6822 and $0.5229.
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TheNewsCrypto
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Cardano and PEPE Predictions Soar, Is Lightchain AI the Catalyst for 50x Growth This March?
- Cardano (ADA) shows bullish momentum and analysts predict a surge to $3, a 350% jump.
- PEPE, the meme coin, has experienced a significant drop in value and faces uncertainties.
- Lightchain AI, a high-growth blockchain project, aims for a potential 50x surge in March with its AI innovation and sustainable approach.
- Lightchain AI token (LCAI) has raised $16.5 million in its presale and is predicted to reach $5 or even $20 in the future.
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Bitcoinist
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Cardano Founder Hoskinson Shuts Down Kanye West Rumors
- Cardano founder Charles Hoskinson dismisses rumors of Kanye West launching a token on the Cardano blockchain.
- Hoskinson states that Cardano is a serious project and not a launching place for such ventures.
- Rumors suggested Kanye West was planning to release a token named YZY to bypass mainstream payment platforms.
- Hoskinson's dismissal underscores Cardano's commitment to maintaining its position as a serious project.
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Newsbtc
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Cardano Remains In Consolidation – Expert Projects 25% Price Move
- Cardano (ADA) remains in a consolidation phase and is setting up for a potential 25% price move.
- The market reacted sharply to Bybit's $1.4 billion hack, causing widespread fear and uncertainty.
- Cardano holds above key demand levels despite recent volatility.
- Investors are closely watching for a breakout that could send Cardano toward higher supply zones.
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Cryptoticker
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Cardano Price Prediction and the Rise of a New Altcoin in 2025
- Investors are closely monitoring the latest Cardano price prediction and the rise of a new altcoin in 2025.
- The new altcoin addresses limitations seen in established coins like Cardano and XRP, offering enhanced scalability and efficiency.
- Market forecasts suggest that this altcoin could set a new benchmark in the crypto industry, potentially overshadowing the relevance of Cardano and XRP.
- Investors should carefully consider market dynamics and diversify their portfolios to include both established cryptocurrencies like Cardano and promising new altcoins.
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TheNewsCrypto
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Cardano’s Constitution Ratified, Is $1 Within Reach?
- Cardano's newly ratified constitution empowers ADA holders and strengthens governance.
- Cardano CEO Charles Hoskinson described this shift as turning Cardano into 'a living government.'
- Cardano's DeFi ecosystem is expanding rapidly, with ADA's Total Value Locked (TVL) surging by 22.4% in the past week.
- Technical indicators suggest a bullish momentum for ADA, with strong support at the 61.8% Fibonacci retracement level.
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TronWeekly
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Cardano’s Bullish Outlook Depends on Holding This Critical Price Zone
- Cardano (ADA) holds аbovе $0.72, аligning with thе 200-dаy EMA аt $0.7296, signаling stаbility.
- Tеchnicаl indicаtors likе MACD crossovеr аnd Pаrаbolic SAR suggеst wеаkеning sеlling prеssurе аnd potеntiаl rаlly.
- Anаlysts prеdict а brеаkout, with tаrgеts аt $1.33, $2.50, аnd spеculаtion of $5–$6 in this cyclе.
- Spеculаtion аround а possiblе Cardano ETF аpprovаl in 2025 hаs аddеd fuеl to bullish еxpеctаtions.
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Newsbtc
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Cardano Must Hold Critical Support Around $0.67 To Sustain Bull Run – Details
- Cardano remains above crucial support, indicating that bulls are still in control despite recent volatility.
- Key analyst Ali Martinez highlights the most critical support zone for Cardano is between $0.67 and $0.80.
- Cardano is trading at key demand levels, potentially serving as a strong base for a recovery rally.
- Bulls' short-term objective is to push ADA above the $0.82 resistance level and hold it as support for a positive shift in momentum.
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Bitcoinist
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Hoskinson Charts Cardano’s Three-Step Path To Quantum Resistance
- Charles Hoskinson discussed Cardano's path to quantum resistance, amidst advancements in quantum computing and US government standards for post-quantum cryptography.
- He highlighted the pace of quantum computing progress and emphasized the need to update cryptography within 5–10 years.
- The US NIST released post-quantum encryption standards, prompting a shift towards algorithms resistant to quantum attacks.
- Hoskinson warned about the threat of Shor's algorithm to current security models based on elliptic curve cryptography.
- He outlined a three-step plan for Cardano's quantum resistance, including developing a quantum-secure model, creating a post-quantum proof chain, and full integration.
- The plan involves auditing algorithms, separating Cardano into two chains, and eventually merging post-quantum elements into the main chain.
- Hoskinson mentioned challenges such as slower post-quantum algorithms and larger signatures but expressed optimism for hardware support.
- The transition timeframe spans several years, with phases for research, building a proof chain, and integrating post-quantum schemes.
- Hoskinson stressed the importance of collaboration within the Cardano ecosystem and with leading cryptographers for systematic checks.
- At the time of the article, ADA traded at $0.797 as Cardano aims to adapt to quantum computing challenges.
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TheNewsCrypto
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Cardano Poised for a 24% Move as Ascending Triangle Pattern Signals Explosive Potential
- Analyst Ali Martinez predicts a 24% move in Cardano (ADA), with key levels at $0.74 and $0.83 guiding the price direction.
- A sustained break below $0.74 could drop ADA to $0.56, while a 24% increase from $0.83 might push it past the $1 mark.
- Martinez’s bullish bias follows a recent breakout from a descending triangle pattern and comes amid broader market uncertainty.
- Cardano appears poised for a decisive move as it looks to break key technical levels and potentially surge past $1.
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Bitcoinsensus
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Cardano Price Prediction & Analysis: Key Levels to Watch
- Cardano broke a key supply zone, confirming the previous analysis.
- The demand area below is a potential support zone, while the supply zone above could act as resistance.
- The longer the accumulation, the bigger the potential breakout, so patience is important.
- It is suggested to watch these two crucial zones for potential market reactions and wait for confirmations before taking any actions.
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TheNewsCrypto
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Cardano (ADA) to Rally 450%? Why Investors Prefer Ripple (XRP) and This $0.20 Token Instead
- Cardano's research-driven approach and focus on scalability have positioned it well in the crypto market with a projected 450% gain, while investors are turning to Ripple (XRP) and Rexas Finance for potential returns.
- Ripple's legal clarity and Rexas Finance's real-world asset tokenization are drawing investors' attention away from Cardano, boosting market trust and adoption in these alternatives.
- Cardano's recent market trends suggest a potential rally, but some investors are favoring XRP and RXS for their innovative features and investment opportunities.
- Investors prefer Ripple over Cardano in 2025 due to XRP's bullish momentum, regulatory clarity, and utility advancements, offering better investment potential.
- Rexas Finance stands out as a promising investment choice with its asset tokenization revolution, accessibility, and security features, potentially reaching $55 by 2025.
- Rexas Finance's impressive presale performance, security validations by Certik, and rewarding programs like the 'Rexas Millionaire Giveaway' have attracted investor trust and engagement.
- With its unique approach in real-world asset tokenization, Rexas Finance emerges as a top investment option over Ripple and Cardano, offering exponential growth prospects.
- As investors shift towards real-world ventures, Rexas Finance's blockchain-finance solution and potential rise to $55 by 2025 make it a favorable investment compared to its counterparts.
- Rexas Finance's rise from $0.03 to $0.20 in four months showcases its potential, while its innovative features and strong ecosystem position it as a key player in the crypto industry.
- Rexas Finance's multi-chain yield farming and secure ecosystem offer investors a unique opportunity for significant returns, making it a standout choice for the future.
- Investors are urged to conduct their research before making investment decisions, and TheNewsCrypto does not provide investment advice or hold responsibility for any related damages or losses.
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