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TronWeekly

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Cardano Faces Pullback but Whales and Analysts Remain Optimistic

  • Cardano recently retraced 8% but whale activity shows growing long-term optimism for ADA's prospects.
  • Market analysts suggest ADA could experience another bullish trend, with a short-term price target of $1.5.
  • ADA's large transactions surged by 297%, indicating heightened investor interest and growing market strength.
  • Despite the pullback, wallets holding over $10 million worth of ADA have increased their holdings by 145.72%, suggesting strong long-term confidence in the asset.

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Cryptoslate

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399

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Cardano’s Charles Hoskinson nominates Coinbase’s Brian Armstrong for Donald Trump’s crypto czar

  • Cardano founder Charles Hoskinson suggests Coinbase CEO Brian Armstrong as a candidate for Donald Trump's proposed crypto policy role.
  • Hoskinson highlights Armstrong's leadership at Coinbase, making it the largest US crypto exchange and a publicly traded crypto company.
  • Hoskinson plans to support legislative efforts for the crypto industry and collaborate with Congress to establish regulations.
  • Hoskinson aims to make the US a leading hub for crypto and blockchain innovation by working towards regulatory reforms.

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TechBullion

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349

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Shiba Inu Coin Price Prediction: SHIB Primed For Another Breakout Along With Cardano And Innovative New Altcoin

  • Shiba Inu (SHIB) is showing potential for a bullish continuation as accumulation continues.
  • Cardano (ADA) is expected to follow suit and experience a surge in momentum.
  • Undervalued low-cap gem, Cutoshi, could see significant growth after its viral presale.
  • Cutoshi aims to blend meme energy with DeFi functionality, offering innovative rewards through Cutoshi Farming.

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Cryptonews

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XRP, ADA Rank as Top Weekly Gainers; Here’s Why

  • Bitcoin continues to reach new all-time highs, with XRP and ADA as the top gainers among the leading cryptocurrencies.
  • XRP regains sixth place in market cap, valued at $63.2 billion, while ADA stands at $28.4 billion.
  • XRP sees a price boost to $1.11 due to potential regulatory favor and rumors of a White House Crypto Czar role.
  • ADA's price nears $1, driven by potential partnerships and founder Charles Hoskinson's outreach to other crypto communities.

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Newsbtc

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297% Spike In Cardano Large Holder Volume Suggests ADA Price Could See Another Uptrend

  • Cardano's price has doubled in the past 30 days, reaching its highest point in 2024.
  • There has been a 297% spike in large transaction volume by ADA holders.
  • The elevated activity suggests significant interest from institutional participants.
  • Cardano is likely to maintain its bullish momentum, with a target price above $1.

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Zycrypto

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Binance Exchange Makes Major Shiba Inu and Cardano Update, What’s Next For Asset’s Price

  • Binance has announced changes to the leverage and margin tiers of several assets on its futures platform including Cardano (ADA) and Shiba Inu (SHIB).
  • The changes are made to ensure market stability and create a balance between small and large traders.
  • ADA/USDT contracts will see positions between $10,000 and $50,000 drop from 41-50x to 26x-40x.
  • Shiba Inu (SHIB) continues to climb uphill as meme coins gain more popularity.

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TheNewsCrypto

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395

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Will Cardano (ADA) Reclaim $1 as Whale Interest Grows?

  • Cardano (ADA) has gained over 13% in the past 24 hours, trading at $0.84.
  • The daily trading volume of ADA surged over 61% to $2.74 billion.
  • Whale interest in Cardano is growing, with over 8,900 whale transactions recorded and a 145.72% increase in holdings by large-scale ADA holders.
  • Technical analysis suggests a potential bullish trend for ADA, with a target of $0.8846 and strong positive money flow indicated by the CMF indicator.

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Crypto-News-Flash

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Cardano’s Hoskinson Talks Midnight Privacy Tech and XRP Growth with Ripple CTO

  • Charles Hoskinson and Ripple CTO David Schwartz discussed XRP's growth and Cardano's Midnight sidechain.
  • Hoskinson expressed excitement about Midnight's advanced privacy tech and interoperability.
  • They explored the use cases of XRP in cross-border payments and bridging fiat currencies.
  • Hoskinson aims to collaborate with the US government and there are speculations of a potential partnership between Cardano and Ripple.

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Minis

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Vijay Shekhar Sharma says if he didn't launch Paytm, he would have started this business

  • Paytm CEO and founder Vijay Shekhar Sharma expressed his interest in electric vehicles (EVs) during the Global Fintech Fest 2023. He mentioned that if he didn't start Paytm, he would have ventured into the EV business.
  • Sharma had discussed the possibility of an EV ecosystem with his friend Sachin Bansal, suggesting that EVs and fintech are his preferred sectors to invest in until 2030.
  • Vijay Shekhar Sharma emphasized his desire to see India lead in electric mobility and sustainability, envisioning the country as a global reference point in this industry.

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