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Tag Archives: Cardano

Cardano (ADA) Whales Accumulate Heavily Below $0.30: Details

Cardano whales are seizing the opportunity of price inaction to rake in more tokens. One particular cohort of ADA holders has accumulated back to their highest level not seen in nearly a year as the current value of the crypto-asset struggles below the $0.30 level. According to the crypto-analytic platform, Santiment, whales and sharks holding between 100K-10M ADA have accumulated back to their highest level since September 2022. It was also observed that Cardano’s...

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Short Bitcoin Outflows Halt for the First Time in 14 Weeks: CoinShares Report

The summer period’s lackluster trading activity is evident as digital asset investment products recorded outflows of $107 million this week. The profit-taking has gathered tremendous pace lately, with weekly trading volumes in investment products 36% below the year-to-date average. The wider on-exchange market has experienced a more significant decline, with volumes down 62% relative to the year-to-date average, according to the latest edition of CoinShares’ weekly report on...

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Cardano (ADA) Price Analysis: Risk of More Downsides Below $0.30

ADA price is gaining bearish momentum below the $0.325 support zone against the US Dollar. The price is now trading below $0.320 and the 55 simple moving average (4 hours). There is a key contracting triangle forming with resistance near $0.3110 on the 4-hour chart (data feed via Coinbase). The price could continue to move down if it stays below the $0.325 resistance zone. Cardano price is struggling below $0.320 against the US Dollar, similar to Bitcoin. ADA...

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Crypto Finance Partners with Figment To Enhance Its Staking Services for Institutional Clients

Crypto Finance, a pioneer in digital assets since 2017, trusted FINMA-regulated partner of financial institutions, and part of Deutsche Börse Group, announces its strategic partnership with Figment, a leading provider of staking infrastructure, to expand its protocol staking offering. The partnership combines Crypto Finance’s fully integrated platform with Figment’s complete staking architecture to create the optimal place for an institution to buy, store, manage, and stake ETH and other...

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Cardano (ADA) Price Analysis: Key Uptrend Support Nearby At $0.30

ADA price is correcting gains from the $0.380 zone against the US Dollar. The price is now trading above $0.300 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support near $0.30 on the 4-hours chart (data feed via Coinbase). The price could start a fresh increase if it clears the $0.320 and $0.335 resistance levels. Cardano’s price is rising above $0.300 against the US Dollar, similar to Bitcoin. ADA price could resume...

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Cardano (ADA) Price Analysis: Is the Recovery Just Getting Started?

ADA price is struggling to climb above the $0.2920 zone against the US Dollar. The price is now trading near $0.288 and the 55 simple moving average (4 hours). There is a connecting bullish trend line forming with support near $0.2850 on the 4-hour chart (data feed via Coinbase). The price could gain bullish momentum if it clears the $0.292 and $0.302 levels. Cardano price is holding the $0.276 support against the US Dollar, similar to Bitcoin. ADA price could...

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Cardano (ADA) Price Analysis: More Gains Seems Likely Above $0.30

ADA price is showing positive signs above the $0.280 zone against the US Dollar. The price is now trading above $0.285 and the 55 simple moving average (4 hours). There was a break above a major bearish trend line with resistance near $0.2950 on the 4-hours chart (data feed via Coinbase). The price could gain bullish momentum if it clears the $0.300 and $0.305 resistance levels. Cardano price is rising above $0.288 against the US Dollar, similar to Bitcoin. ADA...

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Cardano (ADA) Price Analysis: Bulls Face Key Hurdle Near $0.305

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up ADA price is struggling to climb above the $0.300 zone against the US Dollar. The price is now trading near $0.282 and the 55 simple moving average (4 hours). There is a connecting bullish trend line forming with support near $0.270 on the 4-hour chart (data feed via Coinbase). The price could gain bullish...

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Binance.US Solves USD Withdrawal Problems but Warns that Solution Is Only Temporary

Binance.US withdrawals are now fully operational on the exchange, even as it warns users to convert all USD to USDT. Binance.US has announced that users can now resume USD withdrawal, as it has solved the problem. The US arm of the world’s largest crypto agency also said that by working with banking partners, it has almost completely resolved all previously delayed withdrawal requests for USD. However, the exchange warns that this resolution may not be permanent. In an official...

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