A naukri.com initiative
Cardano News
TheNewsCrypto
6d
123
Image Credit: TheNewsCrypto
Is This Really the Resurgence of Cardano (ADA)?
- Cardano (ADA) surged by 22.77% to reach a 108-day high of $0.4436.
- ADA's market capitalization surpassed $15.24 billion, securing the ninth spot by market cap.
- Daily trading volume of ADA increased by 138.39% to $1.06 billion.
- Bullish signs emerged in non-price aspects, such as a surge in daily active addresses and Google searches for Cardano.
Read Full Article
7 Likes
Crypto-News-Flash
6d
238
Image Credit: Crypto-News-Flash
Cardano Takes Off with 25% Gains—A Win for Patient ADA Community as Crypto Pumps
- Cardano (ADA) has surged 25% in the last three days, reaching $0.43 and breaking a key resistance level active since June 2024.
- Retail fear of missing out (FOMO) and increasing confidence from long-term holders are contributing to the upward trend of ADA.
- Several large holders are moving their assets from exchanges to self-custody wallets, indicating a potential uptick in ADA's value.
- Analysts predict ADA could reach targets such as $0.47, $2.77 (a 531% increase), $7.77 (a 1,700% increase), or even $10 by the end of the current cycle.
Read Full Article
14 Likes
Cryptoticker
6d
189
Image Credit: Cryptoticker
Cardano Price Prediction: ADA Rises 16% in Price Boost
- Cardano (ADA) has surged upwards by 15.43%, reaching a high that has not been seen in over three months.
- The bullish sentiment appears to be driven by the overall positive mood in the crypto market with confidence in ADA attracting more investors.
- The federal reserves cutting interest rates by 0.25% may be a supportive tailwind for ADA’s rally.
- Cardano’s on-chain indicators are suggesting promising activity and an increasing number of ADA holders are currently making a profit.
- ADA's current position above the 200-day SMA is a positive technical factor, indicating an uptrend and suggesting further growth.
- ADA outperformed 63% of the top 100 cryptocurrencies over the past year indicating its staying power and potential to attract more investors.
- For ADA to reach or exceed previous price highs, it requires a broader surge in market interest and increased adoption within the blockchain ecosystem.
- Looking ahead, Cardano could aim for incremental targets between $0.70 to $1.00 assuming steady demand, but reaching beyond this would require major bullish catalysts.
- Although complete resurgence to all-time high levels may take time, ADA’s resilience and positive technical indicators suggest that it could work its way up if the broader crypto market remains supportive.
Read Full Article
11 Likes
Changelly
6d
0
Image Credit: Changelly
Best Crypto to Buy Now: Cryptocurrencies with the Most Potential
- The cryptocurrency market is experiencing a resurgence after the winter slump, leading many to wonder which cryptocurrencies are worth investing in. With a wide range of options and fluctuating prices, it can be overwhelming to navigate. We are here to help by providing insights into the best crypto choices for current market conditions.
- Bitcoin (BTC), Ethereum (ETH), Binance Coin (BNB), Ripple (XRP), and Solana (SOL) are some of the recommended cryptocurrencies for long-term investment stability and smart contracts and DeFi innovation, stable growth, cross-border payments, and fast transactions respectively.
- Loopring (LRC), Shiba Inu (SHIB), Avalanche (AVAX), Aave (AAVE), Uniswap (UNI), Toncoin (TON), ChainLink (LINK), Cosmos (ATOM), Stellar (XLM), Filecoin (FIL), The Graph (GRT), Hedera (HBAR), Maker (MKR), PancakeSwap (CAKE), Aptos (APT), and Enjin (ENJ) are also considered top cryptos for various purposes such as data indexing in DeFi, meme coin with expanding ecosystem potential, blockchain interoperability, affordable global transactions, decentralized storage solutions, scaling solutions, and blockchain-based gaming and digital assets.
- Solana (SOL), Toncoin (TON), Shiba Inu (SHIB), PancakeSwap (CAKE), and Cronos (CRO) are some of the cryptocurrencies which are expected to explode in the near future.
- Bitcoin (BTC), Ethereum (ETH), Cardano (ADA), Polygon (MATIC), Basic Attention Token (BAT), and Fantom (FTM) are some of the best coins to invest for under $5.
- Adoption, past performance, prospects of adoption, and market conditions and trends are some of the critical indicators to look into while deciding on selecting the best cryptocurrency.
- Bitcoin, Ethereum, or other established projects with solid reputations that promise longevity are recommended for long-term investment.
- AI-related crypto projects like THETA, GRT, and FET; Utility tokens of decentralized applications and cryptocurrency exchanges, such as UNI; Metaverse and NFT projects are currently popular.
- Cryptocurrency investment is known to be high risk and high reward, and there would be different coins going up. Thus, many investors prefer to buy a variety of digital assets instead of looking for one specific new crypto.
Read Full Article
Like
Crypto-News-Flash
1w
310
Image Credit: Crypto-News-Flash
Cardano Foundation Pushes Cardano Adoption as a Public Infrastructure Worldwide
- The Cardano Foundation is partnering with industry giants to promote Cardano adoption as a public digital infrastructure.
- The foundation showcased several case studies of public infrastructure utilizing the blockchain, including a wine traceability program and reforestation transparency.
- Cardano has released Node 10.11, a major upgrade to improve decentralized governance capabilities.
- ADA, Cardano's native token, has garnered interest with predictions of reaching $8 by 2025.
Read Full Article
18 Likes
Crypto-News-Flash
1w
285
Image Credit: Crypto-News-Flash
Huawei Supports Decentralized Computing Network on Cardano: Major Leap for Blockchain and AI
- Dedium Network, a startup building a decentralized computing system on Cardano, has partnered with Huawei to deploy its services using Huawei’s cloud infrastructure.
- The partnership aims to build a distributed computing network on the blockchain, which will fuel tomorrow's AI companies.
- Dedium caters to GPU owners, allowing them to rent out their computing power and earn income, while providing customers with a cheaper source of computing power.
- The rise of AI has led to increased demand for computing power, and Dedium aims to address this need by leveraging Cardano's blockchain technology.
Read Full Article
17 Likes
Crypto-News-Flash
1w
228
Image Credit: Crypto-News-Flash
Cardano Embraces Decentralization, But Community Remains Divided on Hoskinson’s Role
- Cardano launched Node 10.11, enabling a full on-chain governance model.
- Node 10.11 enhances decentralized governance capabilities and allows ADA holders to delegate their voting power.
- The upgrade includes features such as stake pool operators casting votes and auto-abstain capability for delegated representatives.
- Pseudonymous analyst predicts Cardano price surge, with a potential rally to $3.10.
Read Full Article
13 Likes
TheNewsCrypto
1w
88
Image Credit: TheNewsCrypto
Must-Buy Cryptos in 2024: Spotlight on Solana, BNB, Cardano, and BlockDAG
- BlockDAG (BDAG) is a top cryptocurrency to consider, with its revolutionary blockchain technology offering scalability and swift transactions.
- Solana (SOL) presents itself as a valuable long-term growth asset, with a rapidly expanding ecosystem and partnerships.
- BNB remains crucial to Binance's operations and is a top investment choice, offering trading discounts and facilitating transactions.
- Cardano (ADA) distinguishes itself with advancements in governance and research-based development, positioning it as a significant crypto player.
Read Full Article
5 Likes
Zycrypto
1w
106
Image Credit: Zycrypto
Cardano Mirrors Historical Pattern with Massive ADA Price Pump Expected in November
- Cardano (ADA) might witness a notable price increase if it follows a pattern from 4 years ago.
- Renowned analyst Ali Martinez believes Cardano is following a similar pattern to 2020.
- Cardano's present price action is expected to mirror that of 2020 based on steady ecosystem developments.
- Indonesian millennials and GenZ account for 60% of cryptocurrency investors, seeing digital assets as a path to financial independence.
Read Full Article
6 Likes
Bitcoinist
1w
183
Image Credit: Bitcoinist
Cardano Founder Slams Meme Coins As ‘Worthless’, Warns Speculators
- Charles Hoskinson, the founder of Cardano, strongly criticized meme coins, calling them worthless and lacking value.
- Hoskinson highlighted the speculative nature and pump-and-dump schemes associated with meme coins.
- He criticized the role of social media in promoting meme coins, pointing out their lack of utility and accountability.
- In contrast, Hoskinson emphasized the foundational strengths and long-term vision of Cardano as a secure and utility-driven blockchain network.
Read Full Article
11 Likes
Bitcoinist
1w
350
Image Credit: Bitcoinist
ADA Is The Star, Cardano Founder Says, As Market Buzz Grows
- ADA is emerging as the 'main character' of the current bull cycle, with its market cap of $12.45 billion.
- Cardano's founder, Charles Hoskinson, agrees with this sentiment.
- Cardano recently collaborated with BitcoinOS to facilitate Bitcoin's smart contract development.
- Despite its potential, Cardano's market performance has been lagging behind Bitcoin.
Read Full Article
21 Likes
Cryptoticker
2w
150
Image Credit: Cryptoticker
Cardano Price Prediction: ADA is Eyeing $1
- Cardano's price is holding strong, maintaining a key support level that suggests a potential rally towards $1.
- Current ADA price is $0.354987 with a market cap of $12.41 billion.
- Short-term indicators show mixed signals, indicating possible consolidation unless on-chain engagement improves.
- Long-term predictions suggest ADA could reach $6.50 by September 2025, driven by investor confidence and project fundamentals.
Read Full Article
9 Likes
Bitcoinist
2w
158
Image Credit: Bitcoinist
Next Cardano Hard Fork Will Bring 5 Key Changes, Reveals Emurgo
- EMURGO, the commercial arm of Cardano blockchain, revealed five key changes that will be introduced in the upcoming second phase of the Chang hard fork.
- The changes include the introduction of DRep Voting, SPO Voting, Governing Actions, Cardano Treasury Withdrawals, and an Expanded Constitutional Committee.
- DRep Voting will allow Delegate Representatives to vote on proposals, serving as a mechanism for community-driven decision-making.
- SPO Voting will grant Stake Pool Operators the ability to leverage the ADA delegated to their pools as voting power.
Read Full Article
9 Likes
Crypto-News-Flash
2w
77
Image Credit: Crypto-News-Flash
Cardano News: Market Expert Aims for $5 ADA, Calls Out Analyst Criticism
- One market analyst predicts that Cardano (ADA) will reach $5 as it trades in a five-wave structure indicating a bullish setup.
- Cardano has experienced sideways trading but has found support at $0.32 and gained 3.2% in the past day.
- The analyst's projection aligns with another prediction of ADA hitting $5, supported by fundamental developments in the Cardano ecosystem.
- Cardano's partnership with BitcoinOS is expected to enhance its DeFi space, potentially surpassing Ethereum and Solana.
Read Full Article
4 Likes
TheNewsCrypto
2w
253
Image Credit: TheNewsCrypto
Cardano’s Awakening: ADA Eyes $0.81 as Ichimoku Cloud Signals Bullish Break
- ADA surges above Ichimoku Cloud’s Leading Span B, indicating bullish momentum.
- On-Balance-Volume (OBV) reaches 42.47 billion, reflecting increased buying pressure.
- Price targets: potential surge to $0.81 or drop to $0.27 if support fails.
- Investor confidence grows with a 371% increase in ADA's holding time.
Read Full Article
15 Likes
For uninterrupted reading, download the app