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Cardano News

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Bitcoinsensus

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Cardano Price Prediction – Critical Levels You Must See

  • Cardano reacted to the H4 supply zone as expected and is now showing liquidity above, indicating a possible uptrend.
  • The demand zone remains valid, suggesting a possible bounce if the price comes down to that level.
  • The article discusses the price action on the H4 timeframe, highlighting the significance of supply and demand zones.
  • While the analysis points towards a potential upward movement in ADA price, the author emphasizes the unpredictable nature of crypto markets.

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Crypto-News-Flash

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ADA News: Cardano Boosts Accessibility as Lace Wallet Lands on Popular Browser

  • Cardano's Lace 1.22.1 update enhances accessibility with support for Mozilla Firefox and introduces Bitcoin integration in the wallet.
  • The integration signifies Cardano's strategic move towards a multi-chain DeFi ecosystem, bridging Bitcoin's liquidity with smart contract utility.
  • The Lace 1.22.1 update offers streamlined wallet creation, improved staking features, and secure DApp connectivity for users.
  • Cardano's ongoing developments, like the Lace wallet enhancements and Bitcoin integration, demonstrate a commitment to innovation amid the market's performance.

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TheNewsCrypto

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Cardano Stays Strong at $0.68 as Bulls Target Break Above $0.74

  • Cardano (ADA) price remains at $0.6835, eyeing $0.74 resistance after breakout from bullish chart patterns.
  • ADA shows short-term market instability with fluctuations between $0.6692 and $0.6936, down 78% from peak in September 2021.
  • Daily chart reflects bullish patterns like falling wedge and inverse head and shoulders, potentially hinting at upward movement if key levels are surpassed.
  • Cardano's upcoming 'Ouroboros Leios' upgrade aims to enhance speed and support DeFi, NFT usage, focusing on improving blockchain performance and scalability.

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Bitcoinist

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Cardano Joins Linux Foundation’s Confidential Computing Consortium

  • Cardano has joined the Linux Foundation’s Confidential Computing Consortium (CCC).
  • This move aligns Cardano with major players like Microsoft and Amazon in hardware-based data-protection standards.
  • Cardano's sidechain, Midnight, focuses on privacy-first solutions and benefits from Confidential Computing's enclave-based security standards.
  • The integration of hardware-rooted trust through Confidential Computing enhances data protection and privacy for Cardano's Midnight sidechain.

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99Bitcoins

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Cardano Preparing For A Major Update, Will It Flip Solana? Time To Buy ADA Crypto?

  • Cardano is planning the Ouroboros Leios upgrade to boost scalability and efficiency, transitioning rapidly at the Voltaire stage.
  • Supporters believe the Leios upgrade could potentially surpass Solana in transaction speed and popularity, marking a turning point for Cardano.
  • Ouroboros Leios aims to scale Cardano without compromising security or decentralization by introducing new methods for faster transaction processing.
  • Cardano's scaling roadmap includes Ouroboros Peras, Hydra, and Midgard to further enhance scalability and potentially make ADA one of the best cryptos to buy.

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Cryptonews

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Cardano Unleashes “Face Melting Net” to Test AI-Powered DeFi at Full Speed

  • Cardano has launched the “Face Melting Net” testnet to test AI-powered DeFi at full speed.
  • The testnet, part of Cardano's Leios roadmap, uses AI agents to simulate high-frequency trading and push the protocol's performance limits.
  • Leios introduces a concurrent blockchain model with three block types for parallel processing, potentially allowing Cardano to exceed 1,000 transactions per second.
  • The goal is to stress-test the protocol under sustained pressure and capture real-world demand data, aiming to enhance Cardano's efficiency without requiring hardware upgrades.

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Newsbtc

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Cardano Consolidates In Symmetrical Triangle – Analyst Sets Bull/Bear Price Targets

  • Cardano has surged more than 40% from its early April lows, indicating renewed bullish interest in the altcoin space.
  • ADA is currently consolidating within a symmetrical triangle on the 4-hour chart, suggesting a potential breakout in the near future.
  • A move above $0.7730 could lead to bullish continuation towards the $0.85-$0.90 zone, while losing support near $0.6280 might trigger a broader correction.
  • Cardano's price analysis shows that it is consolidating just below key resistance levels, with a breakout likely to occur if it maintains current support levels and builds momentum.

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Bitcoinist

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Crypto Analyst Releases Next Potential Targets For Cardano, Is $1 ADA Still Possible?

  • Cardano (ADA) is showing signs of regaining bullish momentum after a recent correction, with potential targets pointing towards the $1 mark and beyond.
  • Analyst Arman Shaban's technical analysis on TradingView indicates that ADA's price structure looks bullish, with potential upside targets at $0.75, $0.81, $0.93, and ultimately $1.05.
  • Whales have been accumulating ADA tokens amidst the recent price decline, with over 410 million ADA tokens purchased in April alone, signaling strong investor conviction in Cardano's long-term prospects.
  • Despite current market trends and volatility, technical indicators suggest increasing investor optimism for Cardano, with a focus on key support levels at $0.65 and $0.75 for potential continued upward momentum.

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TronWeekly

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Cardano Surges Past 1.3M Wallets and 10.7M Tokens as Network Grows Stronger

  • Cardano network shows growth with nearly 2,000 projects and over 1.3 million delegated wallets, indicating strong user base and faith in staking model.
  • Node 10.4.1 and Lace v1.22 upgrades bring improved performance, Firefox support, and Bitcoin beta integration for Cardano's ecosystem.
  • Smart contract deployments are increasing, with a total of 131,917 Plutus and 6,507 Aiken scripts deployed, reflecting growing adoption of programmable infrastructure.
  • On the governance front, participatory democracy is evident with 1,282 registered DReps and 954 active, enhancing the narrative of a maturing Cardano ecosystem.

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Newsbtc

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Cardano Whales Accumulated 410 Million ADA In April – Breakout Coming?

  • Cardano is trading just below the $0.75 mark, showing signs of a potential breakout with bullish sentiment and on-chain whale accumulation of over 410 million ADA in April.
  • ADA has gained over 40% since early April, consolidating below $0.75 and aiming for a sustained rally if it breaks above key resistance levels.
  • Whales' accumulation signals growing confidence in ADA, with institutional interest potentially driving its next uptrend alongside the broader crypto market.
  • ADA's current support at $0.66 is crucial for maintaining bullish momentum, with a breakout above the $0.77 200-day MA needed to spark fresh buying activity.

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TheNewsCrypto

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Cardano (ADA) Price Prediction 2025, 2026-2030

  • Cardano (ADA) price prediction for 2025 ranges from $1.3564 to $3.0711 with a bullish outlook and $0.2410 with a bearish view.
  • ADA's potential to reach $5 is highlighted in the near future, with a current market price of $0.7019.
  • Cardano (ADA) is a native token of the Cardano blockchain known for its sustainability and PoS consensus mechanism.
  • The technical analysis indicators for ADA in 2025 include RVOL, MA, RSI, ADX, and RVI to predict future price movements.
  • ADA's resistance levels for 2025 are estimated at $1.3564 and $3.0711, with support levels at $0.5144 and $0.2410.
  • Price predictions for Cardano (ADA) in 2026-2030 suggest bullish scenarios reaching up to $7.5 and bearish scenarios dropping to $0.07.
  • ADA's comparison with BTC and ETH shows similar price action trends, indicating correlated movements in the market.
  • Investors speculate on ADA's potential to exceed its current all-time high of $3.10, driven by market sentiment and ecosystem developments.
  • With ongoing upgrades, Cardano may continue to attract investors, potentially leading to a bullish trend and surpassing ATH levels.
  • Investors can purchase Cardano (ADA) on various crypto exchanges like Binance, Coinbase, KuCoin, Bitfinex, and OKX.

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Cryptopotato

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410,000,000 ADA in a Month: Whales Continue to Pile Up, So When a Cardano Surge?

  • Whales continue to accumulate ADA along with other cryptocurrencies like BTC and XRP, with over 410,000,000 ADA accumulated in April alone.
  • The market sentiment has improved as investors return to the crypto space with large purchases after a period of uncertainty earlier in the year.
  • ADA's price has recovered about 40% since hitting a multi-month low in early April, currently sitting at $0.7, showing a positive long-term outlook if whale accumulation continues.
  • Overall, the large purchases by whales in cryptocurrencies like ADA suggest a potential surge in the near future.

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Zycrypto

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Cardano Eyes the Psychological Price of $1, Thanks to the Materialization of a Golden Cross

  • Cardano is aiming to reach the psychological price of $1 after a golden cross formation on the daily chart, indicating a bullish trend.
  • Renowned market analyst Ali Martinez suggests that a breakout above $0.74 could pave the way for Cardano to move towards $0.88.
  • Cardano, currently at $0.70, shows potential for further upside with eyes set on breaching $0.74 and potentially reaching $0.88 and $1 zones.
  • Market analysts believe Cardano's bullish momentum is supported by potential ETF approval, institutional accumulation, and its role in unlocking Bitcoin DeFi.

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Bitcoinist

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Cardano Unleashes Leios: 11,000 TPS And Infinite Scalability

  • Cardano founder Charles Hoskinson unveiled the Ouroboros Leios protocol upgrade promising infinitely scalable protocol with 11,000 TPS.
  • Leios is designed as a telescoping protocol that can scale infinitely while maintaining existing Byzantine resistance and liveness guarantees.
  • The upgrade introduces the concept of input-block rate, allowing for adjustable throughput ranging from 6 TPS to 11,000 TPS.
  • The Leios upgrade is scheduled for completion in 2026, aiming to achieve live throughput of at least 11,000 transactions per second without compromising security.

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Zycrypto

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Ether, XRP, Shiba Inu, Cardano, Solana Explosion In The Cards As Market Sees Renewed ‘AltSeason’ FOMO

  • Bitcoin's surge to $94,000 to $97,000 price levels is fueling optimism among altcoin enthusiasts, with a renewed interest in meme coins like TRUMP.
  • Meme coins are gaining attention, with TRUMP soaring 54% in a day. Dogecoin and Shiba Inu struggle while Ethereum, Solana, Cardano, and XRP show bullish outlook.
  • A key pattern, Accumulation Cylinder, on Dogecoin's chart hints at a potential price pump ahead, with a possibility of DOGE revisiting its all-time high at $0.74.
  • Positive sentiments for altcoin season are on the rise as keywords like 'altcoin' and 'alt season' trend on social media, but profits may require patience as market hype settles.

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