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Tag Archives: ADA

Cardano (ADA) Price Analysis: Dips Turn Attractive Near $0.50

ADA price started a downside correction from the $0.650 zone against the US Dollar. The price is now trading above $0.50 and the 55 simple moving average (4 hours). There is a connecting bullish trend line forming with support near $0.540 on the 4-hour chart (data feed via Coinbase). The price could start a fresh increase if it clears the $0.584 and $0.600 resistance levels. Cardano’s price is consolidating above $0.500 against the US Dollar, like Bitcoin. ADA...

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L2 Crypto Project Blast Crosses $822M in TVL Ahead of Next Year’s Mainnet Launch

Blast has announced that it is hiring for senior DevOps engineer and senior protocol engineer to ensure a timely mainnet launch in February 2024. Amid the heightened demand for liquid staking on the Ethereum (ETH) network from institutional investors, Blast protocol, a layer two (L2) project backed by Paradigm venture capital and Standard Crypto, has set a new record in Total Value Locked (TVL) and community members. According to the latest market data provided through DeBank, Blast...

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Cardano (ADA) Price Analysis: Signs Suggest Rally To $0.50

ADA price is gaining pace above the $0.3880 zone against the US Dollar. The price is now trading above $0.3920 and the 55 simple moving average (4 hours). There is a major bullish trend line forming with support near $0.3885 on the 4-hour chart (data feed via Coinbase). The price could continue to rise if it clears the $0.4150 and $0.420 resistance levels. Cardano price is rising above $0.380 against the US Dollar, like Bitcoin. ADA price could rally further if...

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Coinbase Faces SEC Charges amid Calls for Crypto Regulation Clarity

Coinbase CEO Brian Armstrong voiced frustration over the charges. He mentioned how his company has provided a lot of clarity to the SEC but the commission on the other hand is not making matters easier. Despite over 30 meetings with the SEC in the past 18 months aimed at gaining regulatory clarity, cryptocurrency exchange Coinbase was hit with charges in June for operating an unregistered securities exchange. This came after the company received a Wells Notice for potentially breaking...

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Cardano (ADA) Price Analysis: Key Barrier Intact At $0.40

ADA price is still struggling to clear the $0.40 zone against the US Dollar. The price is now trading below $0.385 and the 55 simple moving average (4 hours). There is a connecting bullish trend line forming with support near $0.372 on the 4-hour chart (data feed via Coinbase). The price could start a fresh increase if it clears the $0.385 and $0.400 resistance levels. Cardano’s price is consolidating above $0.350 against the US Dollar, like Bitcoin. ADA price...

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Cardano (ADA) Price Analysis: Bulls Struggle Near Key Hurdle

ADA price is still struggling to clear the $0.40 zone against the US Dollar. The price is now trading above $0.370 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support near $0.374 on the 4-hour chart (data feed via Coinbase). The price could start a fresh increase if it clears the $0.395 and $0.400 resistance levels. Cardano’s price is rising above $0.350 against the US Dollar, like Bitcoin. ADA price could resume its...

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Avalanche (AVAX) Price Shoots by Staggering 25% amid JPMorgan and Citi Embrace

As part of the partnership, the LayerZero Labs to connect Onyx with a permissioned Avalanche Evergreen Subnet, enabling seamless subscriptions and redemptions for funds offered by WisdomTree Prime. As the altcoin market buzzes with strong activity, Avalanche’s native cryptocurrency AVAX has registered a staggering 25% gain in the last 24 hours, with its price surpassing $22.57. The latest AVAX price rally comes on the backdrop of strong developments within the Avalanche ecosystem. In a...

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Cardano (ADA) Price Analysis: Dips Coud Be Limited Below $0.325

ADA price is correcting gains from the $0.40 zone against the US Dollar. The price is now trading below $0.380 and the 55 simple moving average (4 hours). There was a break below a key bullish trend line with support near $0.378 on the 4-hours chart (data feed via Coinbase). The price could start a fresh increase if it clears the $0.378 and $0.395 resistance levels. Cardano’s price is rising above $0.340 against the US Dollar, like Bitcoin. ADA price could resume...

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Cardano Founder Wants to Partner with Kraken, Here’s Why

For many crypto firms that are currently exploring layer-2, they have found that it opens up potential new revenue streams.  Charles Hoskinson, the founder of Cardano blockchain may be eyeing a potential partnership with top US crypto exchange Kraken. This follows after Kraken announced that it plans to improve its technological capabilities, admitting that it would need the help of a blockchain developer to do so. Although many notable contenders have also signalled their interest in...

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ADA Price Gains Over 52% in 4 Weeks despite Notable Cardano Network Upgrade Delays

Cardano Foundation CEO Frederik Gregaard recently noted that the development of the smart contract-enabled ecosystem has been slow due to the high academic approach, which has been considered boring but important. Amidst the ongoing altcoin breakout fueled by the optimism revolving around the Bitcoin (BTC) and Ethereum (ETH) exchange-traded funds (ETFs) in the United States, Cardano (ADA) has been among the best-performing top-rated altcoins and demonstrated very positive price trends....

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