Tag: Cardano

Shiba Inu, Cardano Seeing Explosive Whale Activity, Santiment Reveals

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The on-chain analytics firm Santiment has revealed how Shiba Inu (SHIB) and Cardano (ADA) are among the altcoins seeing high whale activity recently. Shiba Inu & Cardano Have Seen High Interest From Whales Recently In a new post on X, Santiment has talked about how some altcoins have been seeing a high Whale Transaction Count recently. The “Whale Transaction Count” here refers to an indicator that keeps track of the number of transactions happening on any cryptocurrency network that are valued at $100,000 or more. Generally, only the whale entities…

Cardano Foundation Forges Government Partnership in Argentina to Boost Blockchain Adoption

The Cardano Foundation has announced an interesting new public partnership in Argentina. The collaboration, which follows a public signing between Rogelio Frigerio, the Governor of Entre Ríos, and Rafael Fraga, the LATAM Lead for Business Development at the Cardano Foundation, is with the state of Entre Ríos, a central province of Argentina. The partnership aims […] Source CryptoX Portal

Cardano shrinks after founder criticizes Bitcoin; GFOX eyes gains

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Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Charles Hoskinson criticizes Bitcoin, touting ADA as superior, while ADA lags behind high performers like Galaxy Fox (GFOX). Charles Hoskinson, the founder of Cardano and the lead developer of Input Output Global (IOG), is never shy of controversy. While he remains an avid supporter of crypto innovation, the founder has an issue with Bitcoin, the world’s most valuable coin. In the past, Hoskinson bashed Bitcoin developers, claiming that the…

Ripple CEO Says XRP, Solana, Cardano ETFs Are ‘Inevitable’

Ripple CEO Brad Garlinghouse foresees the emergence of exchange-traded funds (ETFs) for cryptocurrencies beyond bitcoin and ether, following the U.S. Securities and Exchange Commission (SEC) approval of spot bitcoin and ethereum ETFs. At the Consensus 2024 event, he stated: “I think it’s just a matter of time, and it’s inevitable there’s gonna be an XRP […] Source BitcoincryptoexchangeExchanges CryptoX Portal

Can Cardano (ADA) Bounce Back? A Closer Look at Its Recovery Potential

Cardano (ADA) corrected gains and tested the $0.4520 support zone. ADA must stay above the $0.450 support to start a fresh upward move. ADA price is struggling to gain bullish momentum above the $0.4750 zone. The price is trading below $0.460 and the 100-hourly simple moving average. There was a break above a connecting bearish trend line with resistance at $0.4570 on the hourly chart of the ADA/USD pair (data source from Kraken). The pair could gain bullish momentum if there is a close above $0.4620. Cardano Price Tests Support…

Cardano Breaks Past 200MA, Analyst ‘Insanely’ Bullish on ADA

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Cardano (ADA), the native token of the smart contracts platform, has been a hot topic in crypto circles this week. The surge in price and trading activity has analysts like Sssebi predicting a potential bull run for ADA, citing key technical indicators and a shift in market sentiment. Related Reading Breaking Through Resistance, Bouncing Back Stronger Sssebi, a well-respected crypto analyst, recently published a detailed report highlighting ADA’s recent bullish behavior. One of the key factors Sssebi points to is the token’s successful climb above the crucial 200-day moving average…

Can Cardano Catch Up with Other Altcoins?

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Cardano (ADA) is struggling to start a fresh increase above the $0.500 resistance zone. ADA must stay above the $0.480 support to start a decent upward move. ADA price is struggling to gain bullish momentum above the $0.50 zone. The price is trading above $0.480 and the 100-hourly simple moving average. There is a key bullish trend line forming with support near $0.480 on the hourly chart of the ADA/USD pair (data source from Kraken). The pair could gain bullish momentum if there is a close above $0.500. Cardano Price…

Cardano Founder Predicts Crypto As Election Game-Changer

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The US crypto industry is engaged in an intense battle against the White House, with tensions reaching a boiling point over the Biden administration’s relentless push for onerous regulations and crackdowns on digital assets. According to Charles Hoskinson, the founder of Cardano, this anti-crypto stance may very well cost US President Joe Biden another term in office. Related Reading In a scathing rebuke, Hoskinson accused the administration of harboring a “systematic effort to hurt the crypto industry,” citing numerous policy meetings, private dinners, and open letters where the community has…

This Crypto Trader Just Sold All His Bitcoin For Altcoins Like Cardano And XRP, Here’s Why

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Crypto expert Michaël van de Poppe recently revealed that he had sold all his Bitcoin and rotated his capital to altcoins. The analyst explained the reason for this move and remarked that he was doing this to acquire more of the flagship crypto later on. Why This Analyst Swapped His Bitcoin For Altcoins In an X (formerly Twitter) post, Van de Poppe explained that altcoins have been “crushed unreasonably hard.” As such, he believes things can only improve from here on, noting that the “upside (for these altcoins) can’t be…