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Tag Archives: Cardano

Cardano Defies Critics With Strong GitHub Activity Among Major Layer 1 Blockchains

Despite criticisms for the alleged abandonment, Cardano remains one of the top blockchain protocols in terms of GitHub activity. According to the data compiled by IntoTheBlock, Cardano has once again surpassed Ethereum and other major Layer-1 blockchains such as Avalanche, Litecoin, and Tron in GitHub commits, reflecting its leading position in developer engagement. Between March 11 and 17, Cardano registered 978,780 commits on GitHub, exceeding its closest competitor,...

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Cardano Ranks First in This Major Metric: ADA Bull Run Ahead?

TL;DR Cardano’s ADA surpassed Bitcoin (BTC) and Ethereum (ETH) in one key metric. Despite a recent 20% price drop, analysts predict a bullish future for ADA, including a potential “parabolic” spike to $10. According to IntoTheBlock, Cardano’s ADA is currently the top cryptocurrency by development activity. It also enjoys the highest amount of weekly engagements. Leading cryptocurrencies, such as Ethereum (ETH) and Bitcoin (BTC), were placed second and fifth, respectively....

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Cardano (ADA) Price Analysis: Risk of Downside Break Below $0.635

ADA price started a downside correction from the $0.810 zone against the US Dollar. The price is now trading below $0.70 and the 55 simple moving average (4 hours). There was a break below a major bullish trend line with support near $0.7020 on the 4-hour chart (data feed via Coinbase). The price could start a fresh increase if it clears the $0.680 and $0.700 resistance levels. Cardano’s price is struggling below $0.700 against the US Dollar, like Bitcoin. ADA...

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Digital Asset Inflows Skyrocket to $2.9B YTD, Shattering 2021 Records: CoinShares

Investments in digital asset products clocked in a massive surge in weekly inflows, reaching a total of $2.9 billion. According to the latest data compiled by CoinShares, the inflows surpassed the previous week’s record of $2.7 billion, propelling year-to-date investments to $13.2 billion, significantly exceeding the total inflows for the entire year of 2021, which stood at $10.6 billion. Mixed Bag for Global Regions Trading volumes for the week remained steady at $43...

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Cardano (ADA) Price Analysis: Bulls Aims For $1

ADA price is gaining pace above the $0.720 zone against the US Dollar. The price is now trading above $0.732 and the 55 simple moving average (4 hours). There was a break above a key bearish trend line with resistance at $0.7220 on the 4-hour chart (data feed via Coinbase). The price could continue to rise if it clears the $0.7880 and $0.800 resistance levels. Cardano price is rising above $0.720 against the US Dollar, like Bitcoin. ADA price could rally further...

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Pro-Ripple (XRP) Lawyer Running for US Senate Receives Support From Cardano’s Founder

TL;DR Elizabeth Warren, known for her critical stance on cryptocurrencies, is challenged by pro-crypto attorney John Deaton in Massachusetts’ 2024 Senate race. Deaton’s campaign was backed by Charles Hoskinson – founder of Cardano and a well-known name in the digital asset industry. Rooting for the Crypto Guy 2024 is an election year in the United States, with the country choosing its next President and Senators. One particular battle – that of the state of Massachusetts –...

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Cardano (ADA) Price Analysis: Bulls In Control Above $0.75

ADA price is gaining pace above the $0.750 zone against the US Dollar. The price is now trading above $0.760 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support near $0.7610 on the 4-hour chart (data feed via Coinbase). The price could continue to rise if it clears the $0.800 and $0.820 resistance levels. Cardano price is rising above $0.70 against the US Dollar, like Bitcoin. ADA price could rally further if there is...

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