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Cardano News
Cryptopotato
7d
187
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Digital Assets See $3.3B Weekly Inflows Despite XRP’s Historic Reversal
- XRP experienced a historic reversal with outflows of $37.2 million, the highest on record, despite digital assets seeing $3.3 billion in weekly inflows.
- Inflows in digital asset investment products brought the cumulative six-week inflow streak to $10.5 billion, with year-to-date inflows reaching a record-breaking $10.8 billion.
- Investors are diversifying towards digital assets due to US economic uncertainty, Moody's credit downgrade, and surging treasury yields.
- Bitcoin led digital asset inflows with $2.9 billion, while Ethereum, Solana, and Sui also saw significant inflows. XRP faced outflows along with multi-asset products.
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Cryptopotato
1w
371
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Charles Hoskinson Backs Ripple Over Coinbase in Circle Takeover Battle
- Charles Hoskinson supports Ripple in the bidding war with Coinbase for Circle, aiming to break the monopoly in the crypto space.
- Hoskinson believes a potential Ripple-Circle deal would offer better custodianship for stablecoins.
- Ripple and Coinbase are reportedly competing with multi-billion dollar bids for acquiring Circle, the issuer of USDC stablecoin.
- Cardano is in talks to integrate Ripple's stablecoin RLUSD into its ecosystem in an ongoing conversation.
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Bitcoinsensus
1w
33
Image Credit: Bitcoinsensus
Cardano Price Prediction: Is ADA Setting Up for a Reversal?
- Cardano recently manipulated upward to grab liquidity and trap retail buyers.
- Price is now building liquidity below, likely before targeting a key daily demand zone.
- If a structural shift occurs on lower timeframes (M3/M5), we could be looking at a high-probability long setup.
- The next moves for Cardano could determine whether it pushes higher or heads into deeper waters to grab more liquidity before a potential reversal.
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Bitcoinist
1w
58
Image Credit: Bitcoinist
Cardano Is Stuck, Says Hoskinson—Here’s How He Plans To Fix It
- Charles Hoskinson emphasized the importance of Cardano evolving technically and politically to stay competitive in the finance industry dominated by zero-knowledge and AI-assisted technologies.
- He proposed the creation of a virtual city with AI agents to test Cardano's upcoming features like the privacy layer Midnight and finality gadget Ouroboros Paris.
- Hoskinson highlighted the need for a governance model with an executive function, suggesting the introduction of a community-elected 'president' to drive network development and accountability.
- He addressed technical challenges like privacy and scalability, discussed plans for Bitcoin DeFi integration, and expressed determination to refute misinformation about misappropriated funds through an impending BDO forensic audit.
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Cryptoticker
1w
339
Image Credit: Cryptoticker
Cardano News Today: ADA Price Prediction Targets $1 as Metrics Remain Strong
- ADA price remains resilient despite market fluctuations, holding above key support levels amidst global trade tensions and Bitcoin's volatility.
- ADA's trading volume surged to $567.73 million, reflecting sustained investor interest even as over $500 million in long positions were liquidated.
- Key metrics such as total staked ADA, treasury resilience, and stablecoin market growth showcase Cardano's strong fundamentals despite price declines.
- Upcoming developments like the Ouroboros Leios protocol and community-driven governance upgrades position Cardano for future growth, with analysts predicting a push towards $1 if ADA maintains levels above key EMAs.
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TronWeekly
1w
46
Image Credit: TronWeekly
Traders Eye $1 as Cardano (ADA) Forms Bullish Pattern on 4-Hour Chart
- Cardano (ADA) is showing a bullish pattern on the 4-hour chart, with a resistance zone between $0.74 and $0.76.
- Analysts foresee potential breakout towards $0.81, $0.88, and $0.996 if resistance is breached, with a possibility of reaching $1.
- ADA's trend is compared to past performance, suggesting a stable rally with a 'coiling' effect that may lead to significant gains if momentum builds.
- Despite setbacks, Cardano's development remains strong, as indicated by progress in governance developments, stable staking levels, and increased demand for stablecoin markets on the network.
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TheNewsCrypto
1w
118
Cardano Slips Below $0.80 as Bears Gain Control Over Market
- ADA has dropped 6.8% in the past 24 hours, falling below the $0.80 support level.
- Open interest remains high at $917 million, but indicators suggest caution as RSI and Bollinger Band Trend show weakening strength.
- Whale activity has slowed down, potentially leading to price vulnerability around $0.66–$0.64 if key support levels are broken.
- Traders are advised to be cautious as Cardano's recent dip raises concerns about a possible reversal in the market sentiment.
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Bitcoinist
1w
343
Image Credit: Bitcoinist
Cardano Sees 25% OI Jump In 24 Hours As Bulls Eye Reversal Above $1
- Cardano is gaining bullish momentum as buyers return to the crypto market, suggesting a potential run-up is on the horizon.
- Cardano's open interest has increased by 25% in a 24-hour period, with the total rising from $902.27 million to $958.05 million, indicating growing market attention.
- The open interest reflects investors' bets on ADA derivatives, with rising interest potentially signaling a bearish expectation for a price crash.
- ADA has broken out of a falling wedge pattern and is approaching targets of $0.9508, $1.0295, and $1.1316 as the altcoin market shows positive momentum.
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Zycrypto
1w
250
Image Credit: Zycrypto
Cardano’s Hoskinson Shares Optimistic Outlook for Bitcoin and Dogecoin
- Cardano's Charles Hoskinson emphasizes the significance of community-centered foundations for cryptocurrency projects like Bitcoin and Dogecoin at the consensus conferences.
- Hoskinson expresses a positive long-term outlook for both Bitcoin and Dogecoin, highlighting the importance of governance, adaptability, resilience, growth, and community support.
- Analysts anticipate a price rally for Dogecoin with a 15% potential price move as DOGE forms a falling wedge pattern. DOGE has seen over 50% gains in the last 30 days, currently trading at $0.23.
- Market experts are also optimistic about Bitcoin's price performance in the upcoming week, with the cryptocurrency currently trading at $110,745.
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TheNewsCrypto
1w
42
Unilabs Finance Hits $800,000 After Referral System Launch, While Litecoin and Cardano Explode
- Unilabs Finance has hit a $800,000 milestone after launching its referral system, showcasing significant progress for the project.
- Litecoin and Cardano are experiencing notable price movements, with Cardano attracting investors due to its increasing use cases and Litecoin's sustainable climb back to relevance.
- Cardano's price is showing bullish signs as its ecosystem grows steadily, attracting more investors and potentially retesting past resistance levels.
- Unilabs has surpassed the $800,000 mark with its community-first strategy, offering users innovative features like staking, smart tools, and a successful referral system.
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Zycrypto
1w
127
Image Credit: Zycrypto
Cardano’s Charles Hoskinson Says ADA Can Power DeFi Ecosystems for Bitcoin, XRP, Litecoin and Dogecoin
- Cardano's founder, Charles Hoskinson, believes ADA can fuel DeFi ecosystems for various cryptocurrencies like Litecoin, Dogecoin, XRP, and Bitcoin, given its emphasis on governance and decentralization.
- The combination of security architecture, scalability, smart contract functionality, and interoperability features in Cardano contributes to its potential to enhance the adoption rate of DeFi networks for other cryptocurrencies.
- With the bullish momentum in the crypto market, Cardano has surpassed $0.75 and might target breaching the $0.80 zone, aiming for a potential surge to $1 according to market analysts.
- Cardano whales have been accumulating significant amounts of ADA, with holdings exceeding 80 million ADA, valued at approximately $57 million.
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TheNewsCrypto
1w
72
Best Cryptos To Invest in for Huge Returns In 2025: Solana, Cardano, Unilabs
- Analysts forecast that Solana might reach a new peak of $1,650 with increased adoption and potential ETF release.
- Cardano's price is expected to rise to $7-$10, currently trading above key SMAs, showcasing potential for growth in the coming months.
- Unilabs (UNIL), an AI-driven DeFi platform, is gaining traction with its ongoing blockchain ICO raising over $750k, possibly heading towards $1 million.
- Solana, Cardano, and Unilabs are recommended as the best cryptos to invest in for significant returns in 2025, with Solana potentially exceeding $1,000, Cardano climbing to $7, and Unilabs increasing to $0.83.
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Bitcoinist
1w
106
Image Credit: Bitcoinist
$600 Million Cardano Smear Was ETH-Backed Stunt, Says Hoskinson
- Cardano founder, Charles Hoskinson, claims the recent $600 million ADA smear was a publicity stunt for an Ethereum-based project led by Masato Alexander.
- Hoskinson disclosed private chat messages to showcase Alexander's motives behind the defamation, mentioning Alexander sought funding for his Akua project.
- Akua is described as a prediction market platform focusing on risk management, with EVM compatibility, leading some in the Cardano community to view the accusations as a marketing tactic.
- Hoskinson defends the ADA voucher sweep as a necessary move due to redemption difficulties faced by Japanese retail investors, emphasizing the absence of theft and announcing an independent audit to clarify the transaction history.
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TheNewsCrypto
1w
234
Cardano Hits $0.80 as Volume Jumps 65% and Bullish Setup Holds
- Cardano (ADA) surged 7.5% in 24 hours with $1.29B volume and $0.8043 price.
- ADA formed a bullish structure with immediate resistance at $1.00 and targets at $4.50 and $7.97.
- Cardano exhibits strong signs of a technical breakout, maintaining a bullish structure over recent sessions.
- Immediate resistance for Cardano lies between $0.85 and $1.20, with critical support zones at $0.75 and $0.65.
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Cryptoticker
1w
12
Image Credit: Cryptoticker
ADA Breakout Imminent? Cardano News Today Signals Bull Run!
- Cardano (ADA) price is poised for a breakout after consolidating, closing at $0.78482 today with a 3.3% gain.
- ADA price reclaimed moving averages and faces resistance at the 100-day SMA at $0.79913 on the daily chart.
- Immediate resistance levels for ADA are $0.80 and potential targets are $0.86–$0.88, supported by strong moving averages.
- The Fibonacci retracement and risk-reward analysis suggest a bullish outlook for ADA with a potential target of $0.86.
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