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Tag: Cardano
ADA’s $1 Dream: Cardano Community Approves Major $71M Grant
Key Notes Cardano community approved $71M grant to fund a year-long development roadmap by IOE. The proposal marks the first-ever community-funded core upgrade in Cardano’s history. ADA eyes $1, but must break key resistance at $0.80 to sustain bullish momentum. Cardano ADA $0.74 24h volatility: 2.3% Market cap: $26.65 B Vol. 24h: $974.48 M eyes a leap to $1 with the community approving a $71 million grant (96 million ADA) in a landmark governance vote. The grant will be used to fund a year-long protocol roadmap by Input Output Engineering (IOE),…
Bitcoin Crashing Hard (What should we do?)
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Cardano Development Proposal Secures $71 Million From Treasury
Cardano’s core development team has received approval to be paid 96 million ADA from the treasury to forge ahead with proposed upgrades to the network. Input Output Global (IOG) — Cardano’s main development team — submitted the proposal for the equivalent of $71 million in Cardano (ADA), which passed with 74% in favor, representing 200 votes, six against, and seven abstaining, according to the governance action. The 12-month development plan focuses on improving scalability, the developer experience, and interoperability. However, the proposal garnered some concern from the community over costs,…
Bitcoin Has Never Done This Before In History (huge week)
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When you fail every entry, but nail the exit 💀🪦 #crypto #trading #brainrot #memes
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Donald Trump Jr: Prepare For The Greatest Crypto Bull Run Of Your Life (solana news)
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Cardano Signals 2021-Style Rally with 275M ADA Budget Push
Key Notes The 275 million ADA budget proposal passed all 39 constitutional checks. Analyst highlights ADA’s current price trajectory similar to the 2021 bull run. ADA tests key support after wedge breakout, bullish setup still intact. Cardano ADA $0.72 24h volatility: 6.6% Market cap: $25.80 B Vol. 24h: $1.64 B price may be facing short-term volatility, but recent developments suggest a potentially larger bullish structure is forming. On July 31, the Cardano Foundation confirmed that all 39 Treasury Withdrawal governance actions, representing a cumulative treasury allocation of 275 million ADA,…
Cardano (ADA) Aims Higher – Bullish Setup Hints at New Leg Up
Cardano price started a fresh increase from the $0.7280 zone. ADA is now rising and might attempt a clear move above the $0.80 zone. ADA price started a fresh increase from the $0.7280 support zone. The price is trading below $0.80 and the 100-hourly simple moving average. There was a break above a key bullish trend line with resistance at $0.7710 on the hourly chart of the ADA/USD pair (data source from Kraken). The pair could start a fresh increase it clears the $0.80 zone. Cardano Price Eyes Steady Increase…
Cardano Eyes 1,000x Explosion—Hoskinson Says Bitcoin’s Out of Steam
Cardano founder Charles Hoskinson made headlines this week with a bold forecast. He told investors that ADA could rise as much as 1,000× from its current level. Bitcoin, he argued, has less room to run. His comments came as Bitcoin traded around $118,000 and Cardano lingered around $0.78. Related Reading Bold Claim On Returns According to Hoskinson, Bitcoin’s market cap of about $2.35 trillion leaves it with only a potential 10× upside to hit a $1 million price. By contrast, ADA sits close to $28 billion market cap. He said that…