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Cardano News
TheNewsCrypto
3w
364
Image Credit: TheNewsCrypto
Cardano’s $1 Dream Fades: 2 Billion ADA Supply Wall Blocks Rally Hopes
- Cardano's promising start to 2024, with ADA surging from $0.46 to $0.80 in Q1, has been followed by a decline.
- A 2 billion ADA supply wall at $1.04 poses a significant resistance for price recovery.
- Shorter-term targets around $0.66 seem achievable, but breaking through $1.04 is a major challenge.
- Cardano's longer-term prospects depend on Bitcoin's performance, with a potential rally to $0.61 if BTC breaks above $70,000.
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21 Likes
TheNewsCrypto
3w
122
Image Credit: TheNewsCrypto
The Appeal of Zig Network (ZIG): How It Compares to Popular Altcoins such as Cardano (ADA) and Solana (SOL)
- Zig Network (ZIG) is gaining attention in the altcoin market with its innovative approach to blockchain technology.
- Compared to Cardano (ADA), Zig Network (ZIG) targets early adopters and offers a low entry price and a revenue model that incentivizes user participation.
- In contrast to the price concerns and volatility of Solana (SOL), Zig Network (ZIG) features a decentralized governance structure, giving token holders control over platform decisions.
- Zig Network (ZIG) presents a compelling alternative to popular altcoins, offering a unique revenue-sharing model, decentralized governance, and a low market price for potential growth.
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7 Likes
Crypto-News-Flash
3w
281
Image Credit: Crypto-News-Flash
Cardano’s Social Surge and Hoskinson’s Bitcoin Flip Prediction Signal Bold Future for ADA
- Cardano co-founder Charles Hoskinson predicts that Cardano would surpass Bitcoin and Ethereum in the next decade.
- Cardano experienced a surge in social media activities, gaining 2000 net followers in October.
- Rick McCracken, a Cardano stakeholder, criticizes the project's lack of aggressive marketing approach.
- Hoskinson believes Cardano is technically superior and focuses on long-term sustainability rather than short-term success.
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16 Likes
Crypto-News-Flash
3w
246
Image Credit: Crypto-News-Flash
3 Key US Economic Events to Watch That Could Shake Crypto Markets
- The US economic data calendar this week could impact the crypto market positively.
- The overall crypto market cap has increased by 8% in the last 24 hours.
- Three important economic events in the US could fuel further growth.
- These events include the US Manufacturing PMI, US Unemployment Claim, and US Services PMI.
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14 Likes
Crypto-News-Flash
3w
79
Image Credit: Crypto-News-Flash
Cardano’s $12.5B Market Cap in Question: ADA Community Debates Marketing Approach
- ADA's $12.5B market cap is being questioned by the community due to concerns about weak marketing compared to its competitors.
- Rick McCracken, a key figure in the Cardano ecosystem, raises concerns about the community's approach to marketing and visibility.
- Critics argue that ADA's valuation appears inflated without strong marketing efforts, despite its extensive research and development.
- Cardano must explore more aggressive strategies to boost visibility and engagement to maintain its position in a crowded market.
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4 Likes
Zycrypto
3w
435
Image Credit: Zycrypto
Charles Hoskinson Outlines Cardano’s Future Roadmap Post-Voltaire And It’s Crazy Bullish
- Charles Hoskinson, the founder of Cardano (ADA), has unveiled an ambitious vision for the blockchain platform’s future beyond the Voltaire era, or what has been called Cardano 2.0.
- The roadmap post-Voltaire focuses on scalability, interoperability, and sustainability, with plans to create a system that can handle billions of users while maintaining decentralization and security.
- One significant development is Ouroboros Leios, a new consensus protocol designed to dramatically improve Cardano's performance.
- Hoskinson envisions running a nation-state on Cardano by 2030 and emphasizes community involvement in shaping the project's future.
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26 Likes
TheNewsCrypto
3w
313
Image Credit: TheNewsCrypto
Cardano (ADA) Lacks Bullish Momentum, Trapped in $0.33-$0.37 Range
- Cardano (ADA) is lacking bullish momentum and is trapped in a range of $0.33-$0.37.
- The correlation between ADA and Bitcoin has dropped to 0.35, the lowest in over two and a half months.
- Potential targets for ADA are $0.40 if it breaches $0.37, or $0.31 if the $0.33 support fails.
- Cardano holders are currently experiencing unrealized losses, leading to a stagnant market environment.
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18 Likes
Crypto-News-Flash
3w
35
Image Credit: Crypto-News-Flash
Cardano Set for Performance Boost: Hoskinson Backs Proposal for Composability and Multi-Token Fees
- Cardano founder Charles Hoskinson supports a proposal to enhance the network's performance.
- The proposal focuses on introducing a tool to pay transaction fees with various tokens besides ADA.
- The proposal aims to address incomplete or partial transactions, known as 'intents', to improve flexibility.
- Recent ecosystem developments, such as the Hydra scaling solution and Ouroboros Leios upgrade, are expected to strengthen Cardano's position.
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2 Likes
Newsbtc
3w
305
Image Credit: Newsbtc
Cardano (ADA) Eyes a Potential Recovery: Can It Bounce Back?
- ADA price started a downward move below the $0.3520 support level.
- Cardano struggled to continue higher after testing the $0.3700 resistance.
- On the upside, the price might face resistance near the $0.3515 zone.
- If Cardano’s price fails to climb above the $0.350 resistance level, it could start another decline.
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18 Likes
Crypto-News-Flash
3w
97
Image Credit: Crypto-News-Flash
Cardano Infrastructure Decentralization Proposal: What It Means for ADA Prices
- A Cardano member has proposed migrating ADA stake pool operators from centralized solutions like Google Cloud and Amazon's AWS.
- The proposal aims to ensure the decentralization of Cardano and directs funds to operators' wallets.
- The member suggests partnering with HyperAlliance to bring engagement and economic activity to the Cardano network.
- By rerouting funds from centralized platforms to the ecosystem, ADA could experience significant benefits.
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5 Likes
Zycrypto
3w
119
Image Credit: Zycrypto
Charles Hoskinson Backs Major Proposal Aimed At Elevating Cardano’s Performance
- Charles Hoskinson, founder of Cardano (ADA), supports a proposal to enhance Cardano’s performance.
- The proposal aims to address challenges in Cardano’s ecosystem and introduce new features.
- It focuses on improving the eUTxO model, offering composability and allowing users to pay transaction fees using various tokens.
- The proposed enhancements have the potential to improve user experience and drive adoption across applications.
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7 Likes
Bitcoinist
4w
66
Image Credit: Bitcoinist
There’s A Proposal To Decentralize Cardano Physical Infrastructure: Will ADA Prices Push Higher?
- A proposal has been made to decentralize the physical computing infrastructure of Cardano, a large blockchain platform.
- The proposal aims to move away from centralized cloud service providers and use home-run options to maintain decentralization.
- Cardano Home Portal devices will be used to decentralize computing resources and reroute funds to individual networks.
- Cardano recently transitioned to Voltaire for decentralized governance, but ADA prices remain under pressure.
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3 Likes
TheNewsCrypto
4w
53
Image Credit: TheNewsCrypto
The Zig Network ($ZIG) Presale is Live! Litecoin ($LTC) and Cardano ($ADA) Investors Rush to Buy
- The Zig Network ($ZIG) presale has started, attracting investors from Litecoin ($LTC) and Cardano ($ADA).
- Litecoin ($LTC) investors see Zig Network as a way to diversify their holdings and take advantage of revenue sharing and staking benefits.
- Cardano ($ADA) investors view Zig Network as a project with higher short-term growth potential compared to $ADA.
- Zig Network operates as the world's first revenue-sharing blockchain, offering holders a percentage of platform fees and introducing a Zig debit card for real-world purchases.
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3 Likes
Zycrypto
4w
164
Image Credit: Zycrypto
ADA Price Explosion Closer Than Ever As Charles Hoskinson Reveals Next Major Cardano Update
- Cardano founder Charles Hoskinson has revealed the network's next major update.
- The update will focus on improving overall performance by updating validation zones and introducing Babel Fees.
- The Cardano ecosystem's frequent updates are expected to attract more users to the network.
- Although ADA price has experienced a decline in the last 24 hours, network upgrades often lead to price spikes as transaction activity increases.
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9 Likes
Cryptoticker
4w
97
Image Credit: Cryptoticker
Cardano (ADA) Price is Rising, Eyes $0.50
- Cardano (ADA) price is steadily rising and aiming for the $0.50 mark.
- Investors are showing interest in ADA due to its strong foundation and future developments.
- Cardano's utility and ongoing upgrades position it for long-term growth.
- Short-term gains and potential for price appreciation make ADA an attractive investment.
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5 Likes
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