Cardano Whales Go on Buying Spree: ADA Price on the Rise?
The Cardano blockchain is experiencing a surge in large transactions. In a stunning 24-hour period, whale activity shot through the ceiling, with over 17 billion ADA changing hands. This unprecedented volume has sent ripples through the crypto community, igniting speculation about the future of Cardano’s price. What Defines a Cardano Whale? On-chain analytics platform IntoTheBlock […]
Cardano Blockchain Demonstrates Resilience Amid DDoS Attack
On July 25th, the Cardano Foundation highlighted the resilience and security of its blockchain following a distributed denial of service (DDoS) attack that occurred in June. The network successfully withstood the attempted disruption, ensuring that Cardano’s operations and user experience remained unaffected. Understanding The DDoS Attack DDoS attacks involve flooding a server or network with […]
Cardano Price Movements: Will Negative Funding Rates Spark a Surge?
In the volatile world of cryptocurrency investing, it is crucial to monitor trends that can impact prices significantly. Currently, several altcoins, including Cardano (ADA), Chiliz, and Fantom, are under scrutiny due to their heavily shorted positions. This scrutiny intensifies as exchange funding rates plummet below zero, potentially setting the stage for substantial price movements. Cardano […]
Cardano: ETF Speculation Heats Up After Cryptic X Post
The recent launch of Ethereum ETFs in the United States has ignited fervent speculation about a potential Cardano ETF. This buzz reached a fever pitch following a cryptic post from Tap Tools, a prominent Cardano-based platform. Taptools posed the question, “Is ADA ETF up next?”. The strategic placement of Cardano after Bitcoin and Ethereum on […]
Cardano Windfall: Trader Nets 25,000 ADA from a Mere 0.5 ADA
In a recent event within the Cardano ecosystem, a user experienced a windfall, turning a mere 0.5 ADA investment into a staggering 25,000 ADA. The trader achieved this profit through a strategic trade on DexHunter, a Cardano-based decentralized exchange aggregator known for real-time updates. Details Of The Transaction Reports indicate that the fortunate user capitalized […]
Cardano Under Fire as Holder Behavior Turns Bearish
Once a crypto darling, Cardano (ADA) now grapples with skepticism. Despite promising updates aimed at boosting scalability and interoperability, the project struggles to shake off the “dead project” label. ADA’s price, currently hovering around $0.31, reflects waning investor confidence. Holder Behavior Paints a Bleak Picture Source: Messari Recent data from Messari and Santiment reveals a […]
Charles Hoskinson’s Hard Fork Name Idea Triggers Meme Coin Speculations
Charles Hoskinson, the founder of Cardano, has ignited speculations of a new meme coin with his recent suggestion for the next hard fork name. Given Hoskinson’s significant influence in the Cardano and broader crypto communities, his suggestions often lead to widespread interest and action. This phenomenon has been particularly evident with the recent influx of […]
Analyst Warns: Sell ADA and These Altcoins Before Market Shifts
The cryptocurrency market is finally taking a breather after a period of intense volatility. However, a prominent crypto analyst is issuing a warning to investors. He urged them to be selective with their altcoin holdings, singling out Cardano in his warnings. Bitcoin Poised for Breakout, Leaving Altcoins in the Dust A recent episode of Crypto […]
Cardano (ADA) Price Analysis: Price Eyes $0.50 After 40% Surge; Is Another Leg Up Imminent?
Cardano (ADA) has experienced a remarkable price surge in the past week, but the past 24 hours have seen a slight correction. As of July 16th, ADA is trading at $0.4475, down from its intraday high of $0.45. This pullback temporarily pauses as the uptrend resumes, offering interested investors an opportunity to see their profit […]
Cardano Surges: 26 Billion ADA Transactions and Chang Upgrade
Cardano, currently the 10th largest cryptocurrency by market cap, is experiencing a notable price reversal, marking its fourth consecutive day of gains. Since rebounding from Monday’s lows of $0.33, ADA has steadily risen. If today closes in green, it will complete its fourth day of gains. As of now, ADA is up 4.02% in the […]