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Cardano News

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Zycrypto

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Cardano Gains Momentum as Grayscale Bets Big on ADA Amid Institutional Adoption

  • Grayscale, the world's largest digital asset manager, is increasing its exposure to Cardano (ADA) amid institutional adoption.
  • Cardano now comprises 20% of Grayscale's Smart Contract Platform Ex-Ethereum Fund, making it the second-largest asset in the fund.
  • Hashdex has also added Cardano to its Nasdaq Crypto ETF, allowing institutional investors to invest in the asset.
  • Speculation remains on whether a Cardano spot ETF will be approved, with only 25% of traders on Polymarket believing it will receive approval in 2025.

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Bitcoinist

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Cardano Founder Hoskinson Warns of ‘Cargo Cult’ Projects In Crypto

  • Cardano founder Charles Hoskinson delivered a monologue on the state of digital assets, community behavior, and ongoing legal battles in the sector.
  • Hoskinson categorized most cryptocurrency projects into three buckets: failed or fading projects, outright scams, and projects with unusual communities and approaches.
  • He singled out Hex and PulseChain as examples of projects with demanding communities and discussed the SEC case against Hex's founder, Richard Hart.
  • Hoskinson urged these communities to evaluate their approach and consider the type of ecosystem they want to build.

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Crypto-News-Flash

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Cardano Partners With Barcelona to Enhance Fan Interaction

  • FC Barcelona and Cardano have partnered to integrate blockchain technology with community engagement to enhance fan interaction.
  • The partnership aims to create meaningful digital experiences for FC Barcelona's supporters and drive blockchain adoption.
  • Key platforms involved in the collaboration include Barça Vision, Andamio, and NMKR.
  • The roadmap includes milestones such as platform development, content creation, community onboarding, and evaluation/scaling.

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TronWeekly

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FC Barcelona and Cardano Forge Path to Blockchain-Powered Fan Engagement

  • FC Barcelona partners with Cardano to enhance fan experiences through innovative blockchain-powered solutions.
  • The partnership includes the integration of Cardano's Andamio network into Barça Vision, a platform leveraging Web3 and AI to improve fan engagement.
  • BarçaVerse rewards fans with NFTs and ADA tokens, catalyzing Cardano's ecosystem with new transactions.
  • Analysts predict that ADA could reach $7 despite recent declines in its price.

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TheNewsCrypto

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Cardano Faces Critical Test at $0.85 as Panic Selling Drives 15% Drop

  • Cardano's market structure has deteriorated as panic selling drives the cryptocurrency below crucial support levels.
  • Cardano's realized profits have reached a 9-month high with 307 million ADA being sold within 24 hours.
  • The MACD indicator signals a potential bearish crossover, reflecting the shifting sentiment around Cardano.
  • Cardano faces a critical test at $0.85 and needs to reclaim the psychologically important $1.00 level for a potential rebound.

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Crypto-News-Flash

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Cardano News: Hoskinson Discusses Hydra’s Next Steps After Initial Hurdles

  • Charles Hoskinson, founder of the Cardano blockchain, discussed the future of Hydra, Cardano's Layer-2 scaling solution.
  • Hydra's development is key to driving long-term sustainability.
  • The Hydra Doom tournament will end on January 20th, and a winner will be selected during the event.
  • Hydra will integrate into real applications, with independent firms already building their infrastructure on the protocol.

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Bitcoinist

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Cardano Founder Unveils Next Steps For Scaling Solution Hydra

  • Cardano founder Charles Hoskinson has outlined the trajectory of the Hydra scaling solution.
  • The Hydra Doom initiative will conclude with a tournament in Las Vegas on January 20.
  • Companies such as Anastasia and Sunday Labs are building their own Hydra infrastructure.
  • Hydra's development will focus on areas such as head-to-head communication and zero-knowledge proofs.

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Crypto-News-Flash

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Cardano to Empower DeFi with New BitcoinOS Partnership

  • Cardano partners with BitcoinOS to launch a secure Bitcoin bridging system via the Grail Bridge.
  • Cardano aims to enhance its decentralized finance (DeFi) capabilities by integrating BitcoinOS Grail Vaults.
  • BitcoinOS Grail Vaults redefine blockchain security by eliminating the 'N limit' and offering decentralized solutions.
  • The partnership has the potential to unlock trillions of dollars in liquidity, but Cardano's market performance remains in flux.

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Cryptoticker

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Crypto Crash: Why is the Crypto Market Down?

  • The crypto market has experienced a downturn, with negative performance for most cryptocurrencies.
  • Bitcoin (BTC) has faced a price correction, but its current price is higher than previous lows.
  • Ethereum (ETH) has also experienced bearish pressure, but remains resilient compared to previous lows.
  • Cardano (ADA) and Dogecoin (DOGE) have been heavily impacted, reflecting the struggles of altcoins in the market downturn.
  • The crypto market crash can be attributed to stronger U.S. jobs data, fears of a new pandemic, and rising oil prices.

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TronWeekly

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Cardano Whales Scoop 10M ADA: Is a Massive Rebound Around the Corner?

  • Cardano's price dropped over 13% in 24 hours during a broader altcoin selloff.
  • Crypto whales purchased 10 million ADA, showing confidence despite the decline.
  • Smaller investors reduced their ADA holdings, indicating market redistribution.
  • Cardano's ecosystem updates and whale activity suggest potential price stabilization and growth.

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Zycrypto

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Cardano and Dogecoin Lead Top Crypto Weekly Inflow; How High Can ADA and DOGE Soar?

  • Cardano (ADA) and Dogecoin (DOGE) lead the cryptocurrency market in terms of gains.
  • ADA has seen a 5.2% increase today, with a 32% weekly inflow and a market cap of $39.9 billion.
  • Analysts suggest that present price levels could lead to a bullish breakout for ADA.
  • Dogecoin has experienced double-digit gains this week and is up 20.6% in seven days.

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TheNewsCrypto

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January Effect Drives Gains- Lightchain AI Shines, Solana Strengthens, and Cardano Awaits Its Moment

  • Lightchain AI, Solana, and Cardano are experiencing gains in the crypto market driven by the January Effect.
  • Lightchain AI's Presale is attracting attention with its integration of AI and blockchain technology.
  • Solana is solidifying its position with high-speed transactions and scalability.
  • Cardano focuses on research-driven approach while awaiting wider adoption.

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Newsbtc

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‘ADA Wave Is Coming’: Cardano Whales Go On Buying Spree As Price Attempts Breakout

  • Cardano (ADA) whales have been accumulating the cryptocurrency, buying 160 million ADA during the end-of-year pullback.
  • ADA has experienced a New Year rally, increasing by 27% in the past week and reclaiming the $1 mark.
  • Cardano whales have continued to accumulate ADA, with over 10 million ADA acquired in the last 24 hours.
  • Cardano's price attempted to break out of a bullish pattern, signaling potential bullish sentiment from large-scale investors.

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TheNewsCrypto

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Can Cardano (ADA) Stage a Comeback After the 8% Decline?

  • Cardano (ADA) has experienced an 8% decline, falling to $0.9988.
  • The trading volume of ADA has surged by over 100%.
  • The bearish sentiment is reflected in the technical indicators, with RSI nearing oversold territory and the MACD indicating a potential downtrend.
  • If ADA breaks the $1.0124 level, it could rally towards the crucial resistance level at $1.05 and potentially reach new highs.

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TheNewsCrypto

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PEPE Whales Dump Meme Holdings – Why are They Doubling Down On Cardano and This $0.08 Altcoin

  • Pepecoin (PEPE) whales have shifted their capital away from meme coins and turned their attention to fundamentally utility-driven projects.
  • One of their picks is Cardano (ADA), a respected name in the cryptocurrency market known for its pioneering approach to blockchain technology.
  • Another top pick is IntelMarkets (INTL), an AI-powered crypto project that combines artificial intelligence, blockchain, and decentralized finance to revolutionize the market.
  • Whales are attracted to the low market capitalization, cutting-edge technology, and potential growth of IntelMarkets, making it a standout choice for exponential returns.

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