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Cardano News
Zycrypto
3w
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Cardano Whales Scoop 160 Million ADA After Price Dip; What Do They Know?
- Cardano (ADA) experienced a price pullback after reaching $1.33, prompting profit-taking by investors.
- Despite the price dip, Cardano whales have taken advantage and accumulated 160 million ADA.
- The accumulation of ADA by whales reflects growing confidence in the Cardano ecosystem, as evidenced by increased liquidity, active daily traders, and rising TVL.
- The accumulation of ADA at around $0.90 suggests a potential price rebound.
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TheNewsCrypto
3w
13
Image Credit: TheNewsCrypto
Cardano Eyes Recovery as Key Support Level Emerges After 45% Decline
- Cardano experienced a 45% decline from its December highs amid the Federal Reserve's hawkish stance on monetary policy.
- Analyst Michaël van de Poppe identifies $0.7460 as a crucial support level, which previously served as resistance and could become a foundation for ADA's next upward movement.
- Despite internal ecosystem tensions, van de Poppe remains bullish on Cardano's long-term potential and projects new all-time highs above $3.09 in 2025 or 2026.
- ADA's next major move depends on breaching the $1.2430 resistance level while maintaining support above $0.7460.
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Coin Telegraph
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43
Price analysis 12/30: SPX, DXY, BTC, ETH, XRP, BNB, SOL, DOGE, ADA, AVAX
- Bitcoin needs to find support in the $90,000 to $85,000 range for altcoins to recover.
- Bitcoin (BTC) started the last week of the year with a soft note, indicating a lack of urgency from bulls.
- Analysts are divided on Bitcoin's short-term price action, with some expecting a strong rally leading into the inauguration of Donald Trump.
- MicroStrategy continues its Bitcoin buying spree, purchasing 2,138 Bitcoin between Dec. 23 and Dec. 29.
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Newsbtc
3w
136
Image Credit: Newsbtc
Cardano Holds Crucial Support At $0.77 – Massive Rally Ahead?
- Cardano (ADA) has faced a challenging period, experiencing a sharp 42% correction since reaching a multi-year high of $1.32 in early December.
- Analyst Ali Martinez highlights key metrics indicating whale accumulation, suggesting potential recovery for ADA.
- Cardano's most significant support zone lies between $0.77 and $0.68, providing stability amid market uncertainty.
- Market participants await a breakout as ADA consolidates above critical support, with hopes of a strong rebound.
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Crypto-News-Flash
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228
Image Credit: Crypto-News-Flash
Cardano Founder Highlights Ripple’s Progress, Foresees Growth for XRP and ADA
- Charles Hoskinson praises Ripple's resilience and leadership in overcoming legal challenges.
- Cardano and Ripple exploring collaboration opportunities, focusing on integrating XRP and RLUSD into Cardano's ecosystem.
- Hoskinson expresses confidence in integrating XRP into Cardano's privacy-focused network, Midnight.
- Discussion on potential integration of Ripple's RLUSD stablecoin into Cardano ecosystem to improve financial stability and increase adoption.
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Crypto-News-Flash
3w
8
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3 Altcoins Poised for Action in the First Week of January 2025
- Cardano, Celestia, and Tron are gaining attention due to major events like upgrades and strategic meetings that could impact their prices in early 2025.
- Cardano's annual member meeting on December 31 will determine the 2025 budget and strategic plans that could influence its trajectory.
- Celestia's Ginger upgrade, aimed at improving data availability throughput and halving block times, could serve as a catalyst for recovery.
- Tron's integration of Chainlink's Data Feeds aims to enhance its network's reliability and functionality.
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TheNewsCrypto
3w
374
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2025 Crypto Predictions Cardano $0.3, XRP $5, Lightchain AI $1
- Cardano (ADA) is predicted to have stable growth with a price target of $0.3 by 2025.
- XRP could reach $5 by 2025 due to potential regulatory wins and favorable developments.
- Lightchain AI (LCAI) is gaining attention with a projected price of $1, representing a significant increase from its presale price.
- Lightchain AI stands out due to its transparent AI framework, decentralized governance, and higher growth potential compared to Cardano and XRP.
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Bitcoinsensus
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52
Image Credit: Bitcoinsensus
Cardano Co-founder Charles Hoskinson Argues Cardano Foundation
- Cardano Co-founder Charles Hoskinson argues for a membership-based model (MBO) for Cardano Foundation governance.
- Hoskinson believes the current non-membership governance model hinders community engagement and growth.
- He proposes the MBO model to increase user control and address issues like social coordination, advocacy, liquidity, and exchange listings.
- Hoskinson calls for supporting community-led initiatives like Intersect and empowering existing projects.
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TheNewsCrypto
3w
308
Image Credit: TheNewsCrypto
Are Whales Driving Cardano’s (ADA) Price Surge?
- Whales have purchased 20M ADA in the last 48 hours, indicating strong demand.
- Cardano's CIP-1694 proposal marks a significant step towards decentralised governance.
- Bullish indicators suggest a positive outlook for ADA, with technical analysis and increasing investor interest.
- Cardano's progress and growing adoption reflect optimism among investors, potentially leading to further price gains.
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Newsbtc
3w
211
Image Credit: Newsbtc
Metrics Reveal Cardano Whale Accumulation – Is ADA Poised For A Rally?
- Cardano (ADA) has experienced a 42% correction since its multi-year high in December.
- Recent on-chain metrics show a surge in whale accumulation, indicating growing confidence in ADA's long-term potential.
- Cardano's ecosystem expansion and partnerships contribute to the accumulation trend.
- If whale accumulation continues, ADA could recover and challenge its previous highs.
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Crypto-News-Flash
3w
308
Image Credit: Crypto-News-Flash
Hoskinson Teases Ripple Stablecoin Launch on Cardano
- Charles Hoskinson shared his positive experience engaging with Ripple’s team, highlighting potential collaborations between Cardano and Ripple.
- Ripple’s RLUSD stablecoin may expand to Cardano next year, with discussions already underway about its integration.
- Hoskinson revealed details of his recent meetings with Ripple and the possibility of interoperability between the two blockchain networks.
- Hoskinson mentioned that Ripple may become part of Cardano’s Midnight ecosystem, with ongoing talks regarding integration.
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Bitcoinik
3w
256
Image Credit: Bitcoinik
Ripple stablecoin ($RLUSD) volume explodes 110% within 24 hours!
- The volume of Ripple stablecoin ($RLUSD) surged 110% within 24 hours.
- The majority of the trade volume is observed for the USDC stablecoin pair.
- The news of Ripple's stablecoin has positively impacted the trade price of $XRP coin.
- Cardano's founder, Charles Hoskinson, hinted at a potential partnership with Ripple.
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Blockonomi
3w
415
Image Credit: Blockonomi
Whale Investors Accumulate Cardano (ADA) Amid Dip, Alongside New ADA Alternative Eyeing $10 from Under $0.20
- Whale investors are accumulating Cardano (ADA) despite its price drop, indicating long-term investment opportunity.
- Meanwhile, Rexas Finance (RXS) is gaining attention as an alternative to ADA, with plans to reach $10 from under $0.20.
- Rexas Finance focuses on real-world asset tokenization and aims to revolutionize industries like real estate and art.
- Cardano remains resilient in the face of market volatility, with its peer-reviewed approach and ongoing updates.
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Crypto-News-Flash
3w
61
Image Credit: Crypto-News-Flash
Cardano Hits Milestone: 100K New Smart Contracts in 2024, ADA Poised for 2025 Resurgence
- Cardano expanded its smart contract ecosystem significantly in 2024, with Plutus V2 and V3 driving growth and innovation.
- ADA's rising price and technical advancements positioned it as a top blockchain platform for developers and investors.
- Cardano achieved remarkable growth in its smart contract infrastructure, with 97,534 contracts added in 2024.
- Cardano's progress and expanding ecosystem set the stage for a promising future in 2025 and beyond, positioning it as a leader in blockchain innovation.
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