Tag Archives: Cardano

Checking if the site connection is secure Enable JavaScript and cookies to continue www.coinspeaker.com needs to review the security of your connection before proceeding.

ADA price gained bearish momentum below the $0.35 support zone against the US Dollar. The price is now trading below $0.350 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $0.312 on the 4-hours chart (data feed via Bitfinex). The price could continue to move down if it fails to clear the $0.320 resistance zone. Cardano price is struggling below $0.35 against the US Dollar, similar to bitcoin. ADA price could gain...

Shahaf Bar-Geffen – CEO of COTI, a stablecoin development company – revealed the launch date for Cardano’s new algorithmic stablecoin at Cardano Summit on Monday.  After a successful audit, the over-collateralized DJED token will go live in January 2023. What is DJED? DJED is Cardano’s attempt to create a price-stable digital asset backed by ADA – the network’s native cryptocurrency.  By sending ADA to a given smart contract address on Cardano, users will receive the same...

ADA price failed to surpass the $0.400 resistance and declined against the US Dollar. The price is now trading below $0.400 and the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $0.320 on the 4-hours chart (data feed via Bitfinex). The price could continue to move down if it fails to stay above the $0.315 support zone. Cardano price is struggling below $0.40 against the US Dollar, similar to bitcoin. ADA price...

Charles Hoskinson – Founder of the blockchain platform Cardano – thinks the turbulence around FTX and its native token – FTT – could be the last adverse event of the ongoing crypto winter. He finds it normal that the entire digital asset space was negatively affected by the news since Sam Bankman-Fried’s trading venue is among the leading entities in its field, and its crisis causes a “cascade through the cryptocurrency market.”  It’s Always Darkest Before the Dawn While 2022...

ADA price failed to surpass the $0.440 resistance and declined against the US Dollar. The price is now trading below $0.420 and the 55 simple moving average (4-hours). There was a break below a major bullish trend line with support near $0.402 on the 4-hours chart (data feed via Bitfinex). The price could continue to move down if it fails to stay above the $0.380 support zone. Cardano price is struggling below $0.42 against the US Dollar, similar to bitcoin. ADA price...

ADA price seems to be forming a support base above the $0.40 level against the US Dollar. The price is now trading above $0.38 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $0.405 on the 4-hours chart (data feed via Bitfinex). The price could gain bullish momentum if it clears the $0.420 and $0.440 levels. Cardano price is showing positive signs above $0.380 against the US Dollar, similar to bitcoin. ADA price...

Ethereum (ETH) has emerged as the top performer in the top ten crypto-list gaining over 14% and moving past $1,500 for the first time since the Merge event.On Tuesday, October 25, the broader crypto market made a sharp rally surging past more than 5% and above the $1 trillion market cap. As of the press time, the broader cryptocurrency market is up 7% with a combined market cap of $995 billion.The world’s largest cryptocurrency Bitcoin (BTC) has also gained 7% and is currently trading at...

ADA price seems to be forming a support base above the $0.34 level against the US Dollar. The price is now trading above $0.35 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $0.375 on the 4-hours chart (data feed via Bitfinex). The price could gain bullish momentum if it clears the $0.380 and $0.400 levels. Cardano price is showing positive signs above $0.350 against the US Dollar, similar to bitcoin. ADA price...

Cardano’s price took turn for the worse after the much-anticipated Vasil upgrade, as it fell to the lowest level since February 2021. ADA is currently on the way to posting the seventh red monthly candle in a row. The ADA price correction gained traction in the wake of a downtrend across the digital asset market spurred by the Federal Reserve’s aggressive interest rate hikes to suppress rising inflation. In fact, ADA declined by over 20% since the hard fork, which aimed at...