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Cardano News
Crypto-News-Flash
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Ripple News: ISO 20022 Set to Transform Global Payments—What This Means for XRP
- XRP is expected to benefit from the migration to the ISO 20022 standard alongside other crypto coins.
- ISO 20022 will redefine the global financial system, enabling seamless interoperability.
- The standard will provide transparency, efficiency, and faster cross-border payments for XRP.
- Nine crypto coins, including XRP, have been certified as ISO 20022-compliant.
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NullTX
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Cardano’s Soaring NVT Ratio Signals Possible Price Correction Amidst Decreased On-Chain Activity
- Cardano’s Network Value to Transactions (NVT) ratio has spiked to its highest level since June, indicating decreased on-chain activity relative to ADA's price growth.
- Elevated NVT ratios in the past have preceded price pullbacks, suggesting a potential downside for ADA.
- Analysts observe similarities to Cardano's 2020 pattern, predicting a potential surge around November 18 and a peak by September 2025.
- The combination of a rising NVT ratio and reduced on-chain engagement raises concerns for ADA investors, highlighting the need for increased transactions and user engagement.
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Bitcoinik
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Majority of crypto investors are bullish on Cardano (ADA) amid Cardano-Bitcoin DeFi announcement but price is stable enough
- Despite bullish sentiments, the trade price of the ADA coin remains stable.
- Cardano recently collaborated with BitcoinOS to enable cross-chain transactions between Cardano and Bitcoin networks.
- 83% of ADA coin investors are bullish on the future of Cardano blockchain.
- The current trading price of ADA is $0.36, with a 4.1% increase over the last 24 hours.
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Altcoinbuzz
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Cardano Shifts Focus to Enhance Bitcoin as a Layer 2
- Cardano will pivot to become a Bitcoin Layer 2 solution.
- Layer 2 refers to a system built on top of Layer 1 to improve speed and functionality.
- Cardano aims to give Bitcoin smart contract capability, unlocking new possibilities.
- Cardano will work alongside Bitcoin, creating UTXO-enabled interoperability.
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TheNewsCrypto
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Can Cardano (ADA) Stage a Bullish Breakout Prior to November?
- Cardano's price increased by 2.42%, reaching $0.3461.
- Analysts anticipate significant returns for ADA in the upcoming bull rally.
- Cardano's current market movements resemble historical patterns, suggesting a potential new peak and rally around mid-November.
- Technical indicators indicate neutral sentiment but with potential for a bullish turn in ADA's price.
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Bitcoinist
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Image Credit: Bitcoinist
Cardano Will Run A Nation State: Hoskinson Shares When And How
- Cardano founder, Charles Hoskinson, envisions running a nation-state on the blockchain ecosystem by 2030.
- Hoskinson highlights the power of on-chain governance and community collaboration in shaping Cardano's future.
- The Cardano Constitution, protecting human rights and preserving the ecosystem's original intentions, plays a central role.
- Hoskinson calls for unity within the blockchain industry against centralization and emphasizes the need for collaboration.
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Bitcoinik
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Cardano Set to Revolutionise Blockchain Gaming and Privacy with Nintendo Emulator on Hydra and Enhanced Bitcoin Compatibility!
- Cardano founder Charles Hoskinson announced plans to integrate a Nintendo emulator on Cardano's Hydra layer, allowing gamers to play classic Nintendo games on the decentralized network.
- Cardano is also advancing its reach into Bitcoin interoperability with Bitcoin privacy solutions via BitcoinOS and the Midnight protocol.
- Cardano hinted at the introduction of a super node aimed at optimizing network performance and scalability.
- The trade price of ADA coin, the native token of Cardano, is currently $0.34, experiencing a 1.19% increase in the last 24 hours.
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Bravenewcoin
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Cardano Prepares Groundbreaking, Permissionless Layer 2 Solution
- Cardano unveiled Midgard, a groundbreaking permissionless Layer 2 solution.
- Midgard is completely decentralized, free of centralized sequencers or custodial control.
- Built on Cardano's Layer 1 security, Midgard differentiates itself from Ethereum and other leading blockchains.
- Technical analysis suggests a bullish outlook for Cardano, with a long-term price target of $1.80.
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Crypto-News-Flash
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Cardano News: Hoskinson Hints at Nintendo Emulator on Hydra L2—ADA Readies for Bullish Path
- Charles Hoskinson announced the development of a Nintendo emulator on Cardano's Hydra layer two solution.
- Hydra is a scaling solution for Cardano designed to improve transaction speed and reduce delays.
- Recently, developers successfully ran the game 'Doom' on Hydra, demonstrating its potential for real-time applications.
- The implementation of a Nintendo emulator on Hydra would showcase Cardano's transaction-processing power and versatility.
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Crypto-News-Flash
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Crypto Market Braces for Volatility with Key Macro Data and Earnings Ahead
- The outcome of the US presidential election is expected to impact the crypto market.
- The US GDP report for Q3 2024, expected on October 30, will be a determining factor for market stability.
- Nonfarm Payrolls data released on November 1 will influence investor sentiment and demand for digital assets.
- The upcoming US presidential election and the mega-cap earnings reports from companies like Alphabet, Microsoft, Meta, Amazon, and Apple will significantly impact the crypto market.
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Cryptoticker
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Cardano Price Prediction: ADA is Bearish
- Cardano (ADA) is facing resistance and struggling to move higher, resulting in a bearish market sentiment.
- ADA's price is currently around $0.33, with a 24-hour trading volume of $329.51 million and a market cap of $11.77 billion.
- Strong resistance zone created by holders at current price levels is hindering ADA's price gain.
- Declining trader interest and shrinking liquidity on the ADA blockchain are further impacting its price outlook.
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Cryptonews
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Cardano Founder: New Collab to Propel BTC DeFi Beyond Solana, Ethereum
- Cardano has integrated BitcoinOS (BOS), allowing access to Bitcoin's capital pool without intermediaries.
- The collaboration between EMURGO and BOS enhances Cardano's DeFi ecosystem and offers new opportunities.
- Cardano becomes the first Layer-1 blockchain to integrate BitcoinOS.
- The integration provides secure Bitcoin access and supports a more interconnected Web3 environment.
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Crypto-News-Flash
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Cardano-Powered Nation: Hoskinson Lays Out Roadmap for Blockchain-Driven Country
- Cardano founder Charles Hoskinson envisions a nation-state running on the Cardano blockchain by 2030.
- Cardano aims to become a global standard for decentralized governance.
- Hoskinson expressed confidence in achieving the milestone and outlined Cardano's future roadmap.
- He also shared aspirations for Cardano to be the backbone of national systems in 100 countries within the next decade.
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Crypto-News-Flash
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Cardano Founder Predicts Bitcoin DeFi Will Outpace Ethereum and Solana
- Cardano predicts that Bitcoin's DeFi ecosystem will surpass that of Ethereum and Solana.
- Cardano recently partnered with BitcoinOS, enabling ADA ecosystem to access $1.3 trillion liquidity in BTC.
- Bitcoin's recent innovations and partnerships have led Cardano founder Charles Hoskinson to believe that BTC will dominate DeFi.
- Cross-chain integration, such as Cardano's partnership with BitcoinOS, presents a significant opportunity for BTC owners in the DeFi space.
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Bitcoinik
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Hoskinson Says Bitcoin DeFi Under Cardano Blockchain Ecosystem Will Surpass ETH & Sol DeFi
- Cardano has integrated the BitcoinOS Grail Bridge, allowing Bitcoin transactions on its blockchain network.
- The integration enables decentralized programmability and scalability for Bitcoin, using Zero-Knowledge Proofs (ZK-proofs).
- Charles Hoskinson, the founder of Cardano, expressed excitement about the integration and plans to launch a Bitcoin education project.
- Hoskinson predicts that Cardano with Bitcoin will surpass the achievements of Solana and Ethereum in the decentralized finance (DeFi) space.
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