ADA price seems to be forming a support base above the $0.30 level against the US Dollar. The price is now trading above $0.320 and the 55 simple moving average (4-hours). There is a key contracting triangle forming with resistance near $0.350 on the 4-hours chart (data feed via Coinbase). The price could gain bullish momentum if it clears the $0.350 and $0.368 levels. Cardano price is showing positive signs above $0.320 against the US Dollar, similar to bitcoin. ADA...
Read More »Cardano Founder Charles Hoskinson Says Crypto Should Cut Ties With Banks
Cardano’s Founder – Charles Hoskinskon – believes the cryptocurrency industry should differentiate itself from the “unstable and volatile” banking sector. Three of America’s leading financial institutions – Silvergate Capital, Silicon Valley Bank, and Signature Bank – were shut down by regulators earlier this month, propelling severe losses for numerous crypto-focused firms. In a recent tweet, Hoskinson opined that crypto should stay away from traditional banking since the...
Read More »Cardano (ADA) Price Analysis: Bulls Aim Fresh Run To $0.40
ADA price is showing positive signs above the $0.3200 zone against the US Dollar. The price is now trading above $0.320 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $0.3500 on the 4-hours chart (data feed via Bitfinex). The price could resume its increase if it stays above the $0.328 and $0.320 support levels. Cardano price is rising above $0.3350 against the US Dollar, similar to bitcoin. ADA price could...
Read More »Bitcoin and Ether Price Jumps Over 9% as Fed and FDIC Come at SVB Depositors’ Rescue
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Read More »This is Europe’s Most Crypto-Curious Country (Study)
According to Dua Crypto’s research, The Netherlands rank as the most interested European nation in cryptocurrencies. Russia (where the local central bank is predominantly negative on the asset class) is at the bottom of the list. Bitcoin (BTC) is the most popular digital currency in most countries, while Dogecoin (DOGE) is second. The Dutch Reached the Top The study estimated that the residents of The Netherlands had conducted the highest number of crypto-related searches per...
Read More »Cardano (ADA) Price Analysis: Bears In Action Below $0.35
ADA price is trading in a bearish zone below the $0.355 support zone against the US Dollar. The price is now trading below $0.355 and the 55 simple moving average (4-hours). There are two bearish trend lines forming with resistance near $0.3400 and $0.3580 on the 4-hours chart (data feed via Kraken). The price could continue to move down if it stays below the $0.3550 resistance zone. Cardano price is struggling below $0.355 against the US Dollar, similar to bitcoin. ADA...
Read More »Cardano (ADA) Price Analysis: Risk of Drop Below $0.35
ADA price is trading in a bearish zone below the $0.38 support zone against the US Dollar. The price is now trading below $0.38 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $0.3780 on the 4-hours chart (data feed via Kraken). The price could continue to move down if it stays below the $0.3800 resistance zone. Cardano price is struggling below $0.38 against the US Dollar, similar to bitcoin. ADA price could...
Read More »Cardano (ADA) Price Analysis: Dips Remain Attractive To The Bulls
ADA price is correcting gains from the $0.422 zone against the US Dollar. The price is now trading above $0.395 and the 55 simple moving average (4-hours). There is a major contracting triangle forming with support near $0.395 on the 4-hours chart (data feed via Bitfinex). The price could gain resume its increase if it stays above the $0.395 and $0.384 support levels. Cardano price is correcting lower below $0.412 against the US Dollar, similar to bitcoin. ADA price...
Read More »Cardano Foundation: Former Swiss Supervisor and Finance Leaders Take Up Executive Roles
Cardano Foundation The Cardano Foundation has announced today the appointment of Andreas Pletscher as its Chief Operating Officer (COO) and Nicolas Jacquemart as its Chief Legal Officer (CLO). Pletscher joins the Foundation from PwC while Jacquemart joins from FINMA, the Swiss financial market supervisory authority. Commenting on the appointments, Frederik Gregaard, CEO of the Cardano Foundation, stated: “I am thrilled to welcome Andreas and...
Read More »Crypto Market Jumps 10% with Bitcoin Approaching $25,000, BLUR Token Volume Hits $1 Billion
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