Tag Archives: ADABTC

After heading toward $100,000 yesterday, bitcoin’s price has taken another wrong turn as the asset has lost over three grand since then. The altcoins are also deep in the red, with massive daily price declines from the likes of SOL, DOGE, ADA, AVAX, LINK, SHIB, and many others. BTC’s Short-Term Recovery Although the business week started quite spectacularly for BTC, whose price skyrocketed from $101,000 to a new all-time high of over $108,000 by Tuesday, it actually turned...

TL;DR Cardano’s price soared to as high as $1.17, with market cap surpassing $40 billion amid bullish network indicators. 73% of ADA investors are now in profit, a sharp recovery from August’s lows when the majority of the token’s holders were underwater. ADA Heads North The cryptocurrency market experienced a notable recovery in the past 24 hours, with multiple leading digital assets charting impressive gains. Bitcoin (BTC), for instance, jumped above $100,000 again, while...

Charles Hoskinson, the founder of IOG – the organization between the Cardano ecosystem, has informed that the Cardano Foundation’s X account has been compromised by bad actors. They posted a tween about an SEC lawsuit, claiming that the Foundation will cease its support for ADA. The false statement begins by explaining that the US Securities and Exchange Commission has continued with its war against crypto under the current regime by filing a lawsuit against the Cardano...

TL;DR Binance launched a special promotion on specific JPY trading pairs, potentially aiming to attract Japanese traders and boost activity. This move coincided with a substantial surge in the assets’ prices. Benefits to These Traders The world’s biggest crypto exchange launched a zero-fee trading promotion for all users on the ADA/JPY, DOGE/JPY, and XRP/JPY spot trading pairs. The promotion period will run from today (November 15) to November 27. “The trading volume on...

Most of the cryptocurrency market is in the red today, charting some price losses after the recent massive rallies. BTC fell below $90,000 and even briefly dipped beneath $87,000, ETH is down to just over $3,000, while DOGE and SHIB have plummeted by 5-8%. Two of the top ten largest cryptocurrencies have defied this trend – Ripple’s XRP and Cardano’s ADA. Both assets are up by double digits on a daily scale. XRP Taps $0.9 CryptoPotato reported yesterday’s price surge from...

TL:DR; IOG founder Charles Hoskinson said he will be a part of a team working to create regulatory policy for crypto during the Trump administration. ADA’s price jumped immediately to a multi-month high, but Perplexity now speculates about a potential top. Perhaps the most notable piece of news for the cryptocurrency industry this weekend came from IOG’s founder, Charles Hoskinson. As reported earlier, he outlined his plans for 2025, indicating that he will spend a big...

TL;DR Internet Computer (ICP) came first for the second time in a row. Cardano (ADA), whose price spiked substantially in the past weeks, is also included in the top 10 list. The Latest Ranking Crypto analytics platform Santiment estimated that Internet Computer (ICP) ranked first in terms of “notable development activity” in the last 30 days, with a score of 740.7. The token also topped last month’s ranking. ICP experienced a substantial uptick in the past year, with its...

Cardano rallied earlier this week, but now the price has hit a key resistance. Key Support levels: $0.31 Key Resistance levels: $0.37 1. Resistance Stops the Rally Since September 7th, the price entered a rally that saw the price quickly move from the 31 cents support to the key resistance at 37 cents. Once Cardano’s price approached the key resistance, sellers returned and managed to turn around the price action into a corrective move. Chart by TradingView2. Short-Term...

The advancement of AI-based solutions in 2024 is undeniable, and we decided to poke OpenAI’s ChatGPT on a topic that’s quite interesting for many cryptocurrency enthusiasts. Ripple and Cardano both have devoted communities, and it’s interesting to see what an impartial AI chatbot considers when determining which crypto will perform better throughout the rest of the year. So, we asked it: Source: ChatGPTChatGPT returned four reasonably interesting arguments, but before we take...

TL;DR Cardano’s ADA has risen by 33% since the August 5 crash, with potential for further growth depending on broader market trends and other factors. An upcoming Cardano hard fork focused on decentralization and community-driven governance could also boost ADA’s price. Is There a Chance? Cardano’s ADA has experienced a substantial resurgence lately, with its price rising by around 10% on a two-week scale. Currently, it trades at around $0.36 (per CoinGecko’s data),...