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Cardano News
Bitcoinik
3w
252
Image Credit: Bitcoinik
Shocking Claim: 500 People Behind $3.2 Trillion in Artificial Cardano ($ADA) Trade Volume
- A new report claimed that less than 500 people are responsible for the trading of a trillion-dollar volume of $ADA coin.
- Cardano's founder criticized the report for making such claims.
- Cardano lovers are hopeful about the potential merger between Coinbase and Derbit.
- Cardano ($ADA) is a top-ranked crypto project founded in 2017, with the current trade price at $0.70.
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TheNewsCrypto
4w
425
Image Credit: TheNewsCrypto
Cardano (ADA) Faces Price Pressure, But Network Activity Remains Strong
- Cardano (ADA) is showing signs of potential bullish continuation according to analysts.
- Rose Premium Signals identifies a falling wedge structure retest as key support for ADA.
- Price targets suggest potential gains of 71% to 159% if key support levels hold.
- Analysts caution that Cardano must successfully defend its support level for the bullish continuation pattern to materialize.
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Bitcoinist
4w
429
Image Credit: Bitcoinist
‘Where’s The Scam?’ Cardano Founder Slams Critics
- Cardano founder Charles Hoskinson addressed accusations of academic misconduct and scam allegations in a livestream, defending the project's scientific foundation and progress.
- Critics targeted Hoskinson over his involvement in an academic paper related to a sea salvage expedition, which he clarified as a multidisciplinary contribution.
- Hoskinson defended Cardano's legitimacy, highlighting its growth, scientific output, and technological advancements in the blockchain space.
- He emphasized Cardano's milestones like the provably secure proof-of-stake protocol, the Plutus smart contract language, and its secure track record.
- Addressing criticisms labeling Cardano as a scam, Hoskinson questioned the consistency of such accusations compared to industry failures with major hacks.
- Hoskinson warned about the emergence of 'Charles Derangement Syndrome' online, where misinformation and personal attacks are used to discredit him and the project.
- He urged the Cardano community to be wary of destructive behaviors and misinformation, especially as the ecosystem transitions to Voltaire for on-chain governance.
- Despite challenges, Hoskinson reaffirmed his dedication to Cardano, citing its decentralization, governance system, and upcoming advancements in the cryptocurrency space.
- He stressed the importance of unity within the community and the need to navigate upcoming decisions regarding budget and delegate representative elections.
- At the time of the article, ADA was trading at $0.7171.
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Coindoo
4w
177
Image Credit: Coindoo
Cardano: The Road to $2 – When to expect?
- Cardano (ADA) has been facing volatility, with a rally followed by a decline.
- Despite currently trading at $0.7115, investors are hopeful for ADA to reach $2.
- Analyst Ali Martinez believes ADA may experience a breakout and push toward $2.
- Cardano's potential inclusion in the US government's Strategic Reserve could drive price appreciation.
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TechBullion
4w
425
Image Credit: TechBullion
Millions of New Holders to Flood BlockDAG’s Presale with Inter Milan Deal; SUI Coin Price Down 50% & ADA Might Cross $1
- The sui coin price has recorded a 50% decline in two months, struggling to break past $4 mark.
- Cardano's price prediction for 2025 estimates a range between $0.6855 and $1.3058, with uncertainties due to slow development and competition.
- BlockDAG's blockchain partnership with Inter Milan is gaining popularity and driving demand from soccer fans.
- BlockDAG's presale has raised over $205 million with more than 18.8 billion coins sold, indicating growing confidence and success.
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NullTX
4w
261
Image Credit: NullTX
CARDANO PRICE ANALYSIS & PREDICTION (March 21) – Are Bears Gathering Liquidity as ADA Trades Flat Amid Low Volatility
- ADA remains calm with low volatility, showing a bearish trend.
- Lack of interest from buyers and sellers keeps the price relatively stable.
- Bulls need to reclaim monthly high to shift the trend to the upside.
- Support levels at $0.65 and $0.58; resistance levels at $0.83 and $0.988.
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Zycrypto
4w
337
Image Credit: Zycrypto
SEC’s Notation of Cardano’s Utility Boosts Social Sentiments While ADA Daily Gains Skyrocket
- Positive social sentiments on Cardano's utility have spiked following notations by the U.S. Securities and Exchange Commissions.
- The SEC recognizes Cardano's native token as a 'smart contract for government services.'
- Cardano's crowd sentiments reached the highest bullish mark in over four months.
- ADA's price has gained over 4% in the last 24 hours amid global cryptocurrency market volatility.
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TheNewsCrypto
4w
111
Image Credit: TheNewsCrypto
Cardano (ADA) Inches Closer to $1—Can It Break Through Soon?
- Cardano (ADA) is currently trading at $0.7257.
- ADA's 24-hour trading volume has surged by over 48%.
- Whales have accumulated around 190 million ADA, exhibiting renewed confidence.
- If the bullish grip tightens, the price of Cardano could test the $0.7419 resistance.
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6 Likes
Crypto-News-Flash
4w
401
Image Credit: Crypto-News-Flash
ADA Price Set for 20% Jump? Cardano Social Metrics Signal Big Move
- Cardano's social sentiment and technical indicators hint at a potential 20% price jump.
- Recent positive social sentiment is attributed to Cardano's use case as 'smart contracts for government services'.
- Technical analysis shows ADA trading within a range of $0.78 to $0.70, with a possible breakout above $0.78.
- Investors should remain cautious due to limited on-chain activity and mixed analyst predictions.
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TronWeekly
4w
333
Image Credit: TronWeekly
Charles Hoskinson Dismisses Accusations of Cardano’s Centralization
- Charles Hoskinson dismisses accusations that Cardano is centralized and controlled by three entities.
- Misinformation about Cardano is expected to persist for years, according to Hoskinson.
- Hoskinson maintains that Cardano functions as a decentralized blockchain network and critics fail to understand its decentralized governance.
- Hoskinson surprises XRP holders and Ripple CTO with positive remarks about XRP's technology and global use.
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Crypto-News-Flash
4w
115
Image Credit: Crypto-News-Flash
‘Satoshi is a Legend’—Cardano’s Hoskinson on Bitcoin Creator Debate
- Charles Hoskinson, founder of Cardano, praises Satoshi Nakamoto and reignites the debate on Bitcoin's lack of leadership.
- Hoskinson dismisses claims that Nakamoto abandoned Bitcoin, stating 'Satoshi is a legend.'
- The debate continues on whether Bitcoin's absence of a leader hinders its growth or keeps it decentralized.
- Cardano's ADA shows bullish signs but faces resistance, while Bitcoin remains the dominant cryptocurrency.'
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6 Likes
Bitcoinsensus
4w
249
Image Credit: Bitcoinsensus
Cardano Price Prediction: A Massive Move Incoming?
- Cardano (ADA) price experienced a strong buying pressure after reacting to demand and breaking through the supply zone.
- A "retailer trendline" could potentially act as a liquidity trap, triggering a fakeout before a larger move.
- With FOMC events expected to bring volatility, it's advisable to be patient and wait for the right setup.
- Cardano's price action is setting up for a significant move, and traders should closely monitor the market for further developments.
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14 Likes
TheNewsCrypto
4w
222
Image Credit: TheNewsCrypto
Cardano, Tron, and Ozak AI Forecast: Can These Cryptos Deliver 5x or 10x Returns This Month?
- Cardano (ADA), Tron (TRX), and Ozak AI (OZ) are gaining attention as potential projects for significant growth.
- Cardano (ADA) has the potential for 3x to 5x growth with increased adoption of DeFi applications and NFT projects.
- Tron (TRX) could see a 5x return with sustained growth and increased demand in the DeFi space.
- Ozak AI (OZ) is positioned for high rewards, with projections suggesting a 333x increase in price in the near future.
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Zycrypto
4w
93
Image Credit: Zycrypto
Cardano Bullish Sentiment Hits Highest Level In 4 Months; Here’s Why
- Cardano (ADA) is witnessing its most bullish sentiment in over four months.
- Key regulatory developments and increasing real-world adoption are driving investor confidence in ADA.
- Heightened network activity and positive social media sentiment indicate growing investor optimism.
- Cardano's adoption in government and enterprise applications, as well as its regulatory recognition, contribute to its momentum.
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5 Likes
TheNewsCrypto
4w
129
Image Credit: TheNewsCrypto
Cardano Shows High Positive Sentiment Despite Weak On-chain Growth
- Cardano is experiencing high positive sentiment on social media according to Santiment.
- However, on-chain analysis shows a decline in active addresses and total value locked (TVL).
- ADA price is in a bearish trend, unable to break the critical level of $1.5.
- Cardano needs strong buyer support or a positive event to drive a price increase.
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