Cardano

Bitcoin (BTC) is trying to sustain above the overhead resistance of $38,000 for the second consecutive day and start the next leg of the uptrend. The excitement among market observers may have increased after the United States Securities and Exchange Commission (SEC) delayed its decision on the a ...

Bitcoin (BTC) has started the week on a negative note. The failure of the bulls to pierce and sustain above the $38,000 resistance has given a small window of opportunity for the bears to try and make a comeback. Strong selling has pulled the price below $37,000 on Nov. 27.However, lower l ...

Bitcoin (BTC) broke above the overhead resistance of $38,000 on Nov. 24, indicating that the sentiment is positive and bulls have kept up the pressure. Independent Reserve CEO Adrian Przelozny told Cointelegraph that the “next two years are going to be good,” and market activity is likely to pick ...

In a Nov. 22 YouTube video, Cardano founder Charles Hoskinson reflected on the news that Binance CEO Changpeng "CZ" Zhao has stepped down from the exchange. Hoskinson claimed that this event represents “the end of an era.” He argued that entrepreneurs g will need to comply with regula ...

Traders hate uncertainty; hence, the settlement between Binance, Changpeng “CZ” Zhao and the United States Department of Justice is likely to be viewed as a positive for the cryptocurrency space. Analysts largely remained positive on the deal, but a few sounded cautious due to the Securities and ...

The S&P 500 Index (SPX) rose 2.24% last week, its third consecutive weekly gain. In comparison, Bitcoin (BTC) managed a minuscule gain of 0.8%, indicating consolidation below $38,000. The prospects for risky assets remain bullish as the United States Dollar Index has started to turn down.&nbs ...

Bitcoin (BTC) succumbed to profit-booking on Nov. 13 and 14, which pulled the price below $35,000. Corrections are a normal part of every up-move and are considered healthy as they shake out the weak hands and allow the stronger hands to add to their positions. A note of caution to th ...

Bitcoin (BTC) has risen more than 120% year-to-date, indicating that the crypto sentiment has improved significantly. Solid buying has resulted in a sharp increase in crypto wallets holding more than $1 million in Bitcoin this year from 23,795 on Jan. 1 to 81,925 currently, according to BitInfoCh ...

News of BlackRock registering the iShares Ethereum Trust increased expectations that the asset manager may eventually apply for an Ether (ETH) spot exchange-traded fund. This is a positive sign as it shows that BlackRock’s cryptocurrency aspirations are not limited to Bitcoin (BTC).M ...

A wave of green has washed across the entire crypto market, and it won’t be long before traders on X (the social platform formerly known as Twitter) begin to explain that a new altcoins season has arrived. Altcoin season, or ‘altseason’ as the crypto bros say, typica ...

Bitcoin’s (BTC) rally stalled near $36,000, but the bulls have not hurried to book profits. According to Glassnode analysis, the Long-Term Holder metric, which are addresses holding Bitcoin for at least 155 days, supply is near an all-time high, while the Short-Term Holder, addresses holding coin ...

Cardano has come under fire from critics for delays in the rollout of features and network upgrades. This slower-paced cadence, however, appears to be a badge of honor to Cardano Foundation CEO Frederick Gregaard, who said that the network is “boring,” considering the platform’s academic approach ...

Bitcoin’s (BTC) marginal rise of about 1.5% last week suggests that traders are cautious at higher levels but they are not rushing to the exit. The bears have been in hibernation for the past few days but if the rally fails to resume, sellers may try to make a comeback.However, in an uptre ...

Bitcoin (BTC) soared above $35,000 on Nov. 2 and that may have sucked in the aggressive bulls who speculated that the next leg of the up-move was beginning. However, the price quickly turned around and fell back below $35,000 signaling that the breakout may have been a fake move.A mild cor ...

Bitcoin (BTC) skyrocketed 28.5% in October, its second-best monthly gain of the year behind the 40% rally in January. After the strong showing in October, the next question on investors’ minds is, could the bullish momentum continue and Bitcoin extend its recovery going forward?Bernstein s ...

Bitcoin (BTC) price climbed by 15% last week and 10.45% the week before. The S&P 500 Index dropped 2.53% last week and 2.39% the week before. This shows that Bitcoin has decoupled from the S&P 500 Index in the short term and may chart its own course.However, the path higher may not ...

Bitcoin (BTC) has been trading above $33,600 for the past two days, indicating that the bulls are not rushing to the exit. After a sharp rally, if the price does not give up much ground, it may cause FOMO and ignite another round of buying. That could push the markets further into overboug ...

Bitcoin (BTC) easily soared above the $31,000 to $32,400 resistance zone on Oct. 23, which came as a suprise to many market participants. Usually, the price tends to consolidate or hesitate near stiff overhead resistance levels but that was not the case this time around.Market participants ...

Bitcoin (BTC) rose above $30,000 on Oct. 20, indicating that the path of least resistance is to the upside. Grayscale Investments filing a new application with the United States Securities and Exchanges Commission for a new spot Bitcoin ETF may have acted as a bullish trigger.In another po ...

After two successive weeks of gains, the S&P 500 Index (SPX) started the week on a positive note. This suggests a risk-on sentiment which is a bullish sign. The volatility is likely to pick up as 11% of the S&P 500 companies are expected to report results this week.The risk-on sent ...

The latest analysis and predictions for Cardano (ADA) suggest a somewhat bearish short-term outlook. Here are some key insights into the Cardano price situation: Current Price: Cardano (ADA) is trading around $0.25, showing signs of uncertainty. Lack of Support: The absence of clear support le ...

Cardano (ADA) has faced a challenging period in terms of profitability for its holders in 2023. Data from the on-chain tracking website IntoTheBlock indicates that ADA has underperformed compared to other cryptocurrencies in the top 10, with a significant drop in profitability for its investors. ...

Renowned crypto analyst Benjamin Cowen believes that altcoins will continue to struggle against Bitcoin (BTC) in the near future. In a recent video, Cowen highlighted a bearish trend where altcoins face significant losses when measured against Bitcoin, particularly in the lead-up to Bitcoin halving ...

On September 15, there was a positive momentum in the cryptocurrency market, even in the face of hotter-than-anticipated economic data and inflation concerns. Major cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Cardano (ADA), and Tron (TRX) maintained their positive performance. ...

Crypto analyst Michaël van de Poppe has shared his perspective on Bitcoin (BTC), suggesting the potential for a final corrective move downward in the cryptocurrency's price. In a recent video addressed to his substantial YouTube following of 162,000 subscribers, Van de Poppe posits that Bitcoin migh ...

Bitcoin recently surged to a multi-day peak surpassing $26,400, though this ascent proved to be short-lived, as the cryptocurrency has since retraced to its familiar position below $26,000. The broader altcoin market is also displaying slight declines today, with assets like Binance Coin (BNB), C ...

The bulls tried to shake Bitcoin (BTC) from its slumber on Sept. 7 but the rally was short-lived. This suggests a lack of clarity between the bulls and the bears about Bitcoin’s next directional move. Analyst CryptoCon said on X (formerly Twitter) that Bitcoin could remain in a “mid cycle lull” u ...

Bitcoin (BTC) has been trading between $25,333 and $26,156 since Sep. 1. Typically, a volatility squeeze is followed by an expansion in volatility but it is difficult to predict the direction of the breakout with certainty. CoinGlass data shows that Bitcoin has fallen for six consecut ...

The United States' equities markets are on a recovery path. The S&P 500 Index (SPX) surged 2.50% last week to record its best week since June. Even though Bitcoin (BTC) also attempted a relief rally, the bulls could not sustain the higher levels. In the end, Bitcoin finished the week with a m ...

Bitcoin’s (BTC) volatility has increased over the past few days. The price soared on Aug. 29 after Grayscale scored a victory over the United States Securities and Exchange Commission (SEC). However, the euphoria was short-lived as the price gave back all the recent gains on the news that the SEC ...

Bitcoin (BTC) led the cryptocurrency markets higher on Aug. 29 following Grayscale’s victory in the lawsuit against the United States Securities and Exchange Commission. However, the rally could not be sustained as analysts cautioned that the victory did not guarantee the approval of a spot Bitco ...

Veteran Analyst Sees Cardano (ADA) Entering Depression Phase, Forecasts Steeper Declines Veteran analyst Benjamin Cowen believes XRP is sliding into the “depression phase,” projecting a downward trajectory that could see t ...

Cardano Catalyst Testnet Goes Live, Here's Its Significance The Cardano blockchain protocol has made another significant move as it has floated the Catalyst testnet for members of the public. Essence of Proj ...

Bitcoin has been stuck inside a tight range in August. Glassnode lead on-chain analyst Checkmate highlighted that the spread between the upper and lower Bollinger Bands for Bitcoin has shrunk to 2.9%, its third-tightest ever. Typically, periods of low volatility are followed by a ...

Bitcoin continues to frustrate investors with its tight-range consolidation, giving no clue about the possible direction of a breakout. Typically, the longer the range, the stronger the eventual breakout from it. Therefore, traders should be on their toes to latch on to the breakout when it ...

The team behind the Cardano-based decentralized exchange MuesliSwap has made a decision to refund users that have been hit with high slippage over the past year.On Aug. 8, the MuseliSwap team said it “fell short in providing adequate clarity” on the slippage feature within its ...

The price of Cardano (ADA) risks falling by over 20% in August as it enters a breakdown stage of a classic technical pattern that could be offset by some promising fundamentals. ADA price risks falling to June lowsDubbed Bump-and-Run-Reversal (BARR), the pattern develops when excessiv ...

Ratings agency Fitch downgraded the United States’ long-term credit rating from AAA to AA+ on Aug. 1 and this move dented the risk on sentiment. The U.S. equities markets witnessed profit-booking on Aug. 2 and the cryptocurrency market’s recovery stalled in its tracks.However, after the kn ...

The S&P 500 Index (SPX) continued its march toward its all-time high with a 3% gain in July. Signs of receding inflationary pressures and expectations of an end to the Federal Reserve’s tightening cycle are the factors that boosted risk-on sentiment.However, this bullish mood did not b ...

The 25 basis point rate hike by the Federal Reserve on July 26 and the subsequent commentary by Fed Chair Jerome Powell failed to catapult Bitcoin (BTC) out of its range. This suggests that the event did not have any surprises and the outcome was already priced in by the markets.The crypto ...

Bitcoin plunged to $29,000 on July 24, signaling that bears are trying to seize control. It looks like the failure to hold on to the higher levels may have tempted short-term bulls to book profits and aggressive bears to initiate short positions.Although the near term looks bearish, l ...

Bitcoin continues to test investors’ patience, as it remains stuck inside a tight range. Although the near term is boring, traders need to be on their toes because narrow ranges are generally followed by a sharp increase in volatility. The only problem is that it is difficult to predict the ...

Bitcoin remains stuck inside a narrow range, making it difficult to predict the direction of the next possible breakout. The U.S. Dollar Index (DXY), which generally moves in inverse correlation to Bitcoin (BTC), dropped below 100, but that has failed to propel Bitcoin higher. This suggests ...

Cardano experienced a remarkable price surge of 23.9% on July 13, leaving investors curious about the potential for further gains. This significant rally comes on the heels of a favorable judicial decision regarding XRP (XRP), leading many to question if Cardano (ADA) has what it takes ...

Ripple Labs’ victory in the case against the United States Securities and Exchange Commission gives a significant boost to the crypto industry. In addition to benefitting Ripple and XRP (XRP), analysts believe that the ruling will weaken the regulator’s case against Binance and Coinbase.In ...

The price of Cardano (ADA) has soared in the past 24 hours as traders assess the impact of Ripple's legal win on the broader cryptocurrency market."ADA isn't a security"On July 14, ADA price rose 6% to $0.379, its highest level in over a month, only to pare some of those gains ...

Bitcoin has been struggling to rise and sustain above the $31,000 level for the past few days, but Standard Chartered has painted a bullish picture for this year and the next. In a report, the bank said that Bitcoin (BTC) could reach $50,000 this year and stretch the rally to $120,000 b ...

Bitcoin is still struggling to stay above $31,000. While a tight consolidation near the overhead resistance is a positive sign, the failure to rise above it may result in short-term liquidations. However, a shallow pullback should not be considered a trend change because, many times, ...

The United States equity markets have witnessed a solid year so far. The Nasdaq Composite has soared 31.7%, its best first-half performance since 1983. Similarly, the S&P 500 Index’s (SPX) 15.9% gain is its best first half since 2019. This suggests that risky assets remain in demand.In ...

Ethereum co-founder Vitalik Buterin stated that he does not stake all of his Ether (ETH) due to multisignature wallets being “complicated in a bunch of ways.”On the June 29 episode of the Bankless podcast, Buterin revealed the “biggest reason” why he is only st ...

Bitcoin (BTC) witnessed a volatile trading session on the last day of the quarter. The bulls were trying to maintain Bitcoin’s price above $31,000 but they received a jolt on a Wall Street Journal report which stated that the United States Securities and Exchange Commission (SEC) had returned app ...

A large part of the recent leg of Bitcoin’s rally started after BlackRock filed to list a spot Bitcoin exchange-traded fund (ETF) on June 15. Several applications by other firms have been rejected by the United States Securities and Exchange Commission in the past. However, BlackRock’s filing has ...

The rush to apply for a spot Bitcoin (BTC) exchange-traded fund (ETF) rejuvenated the bulls, but this news is likely to boost the price only to a certain distance. As the price moves up, the risks of a crash increase if none of the ETF applications are approved. Trading firm QCP Capital, for exam ...

The S&P 500 Index (SPX) has gained for five consecutive weeks, the first such instance since November 2021. In comparison, Bitcoin (BTC) is trading well below its local high of $31,000, made on April 14. This shows a clear divergence between the performance of the two asset classes.Som ...

The price of Cardano (ADA) is down over 3% on June 19 after dropping over 30% in the past two weeks. Is ADA’s price heading for its fourth red weekly candle in a row? No respite for Cardano price bullsOn June 19, ADA’s price fell over 3% to daily lows of $0.257 as traders continued to ...

Cardano founder Charles Hoskinson is currently searching for a UFO — or some sort of space object — that has crashed near the coast of Papua New Guinea in the Pacific Ocean. The search is part of the Galileo Project that received $1.5 million in funding from Hoskinson in March. ...

Bitcoin (BTC) is witnessing a tough battle between buyers and sellers near the $25,000 mark. A minor cause of worry for the bulls is that even the news of BlackRock having filed an application for a Bitcoin spot exchange-traded fund could not boost prices higher. This suggests that investors rema ...

New York-based derivatives exchange Bakkt is delisting three popular altcoins due to recent regulatory developments in the United States. According to a Fortune report, trading of Solana (SOL), Polygon (MATIC), and Cardano (ADA) has been suspended.The decision follows last week's lawsuits ...

The United States equities markets rose after the Consumer Price Index print on June 13 came in below expectations, but Bitcoin and the altcoins failed to recover. This suggests that cryptocurrency traders are focused on crypto-specific issues and are not buying on favorable macroeconomic news.&n ...

After the tough sell-off seen in the past week, the cryptocurrency markets will be looking for some support from the macroeconomic data this week. The all-important United States consumer price index report on June 13 will be followed up by the Federal Reserve’s policy decision on June 14.  ...

The United States securities regulator has in recent lawsuits designated a slate of cryptocurrencies as securities, including Algorand (ALGO) and Flow (FLOW), which hit all-time price lows following the declaration.On June 10, ALGO and FLOW hit their respective historic lows of $0.098 and ...

Bitcoin (BTC) challenged three-month lows into June 10 as altcoins in particular felt the heat from United States regulatory pressure.BTC/USD 1-hour candle chart on Bitstamp. Source: TradingViewAltcoin bloodbath as exchanges reshape landscapeData from Cointelegraph Markets Pro and T ...

Bitcoin remains well above the crucial support at $25,250, indicating that market participants have shrugged off the news of the lawsuits by the United States Securities and Exchange Commission (SEC) against Binance and Coinbase. When markets do not stay lower for long after negative news, i ...

The United States equities markets welcomed the debt ceiling deal and the May nonfarm payrolls data on June 2 with strong rallies. The S&P 500 rose 1.8% during the week while the tech-heavy Nasdaq was up 2%. This was the sixth successive week of gains for the Nasdaq, the first such occasion s ...

The United States equities markets rallied sharply on June 2 even though nonfarm payrolls in May rose by 339,000, blowing past economists’ expectations of a 190,000 increase. A few analysts pointed out that the market was possibly encouraged by the slower growth rate of hourly earnings, which was ...

If April was a " bull" month for the cryptocurrency market, then all of May was a "bear, confirming that the market is in correction While there is hope for a bullish reversal in June, bearish formations on these four cryptocurrencies warn that the worst may ...

American cryptocurrency exchange Coinbase continues to develop its international presence - the site introduced new services for customers from Singapore. Coinbase Singapore users will be able to buy USDC with the Singapore dollar without commissions. They will also be ...

The Cardano (ADA) exchange rate made a bearish break of an important pattern on the daily chart and may fall below a key horizontal support level If that happens, ADA will confirm the current bearish trend. In this case, th ...

Cryptocurrency trader and analyst suggested that ADA's market capitalization could reach $500 billion by scaling the Cardano network with the Ouroboros Hydra protocol. Dan Gambardello thinks the ADA coin is quite capable of reaching the figure during the next big bull ral ...

The past week was eventful: The U.S. Federal Reserve shared its plans, a string of banking collapses continued, updates were released on some digital platforms. How did it affect prices? Bitcoin Bitcoin price fell 2.5% in the week ...

Key member of Ethereum Foundation tried to disavow Cardano founder's involvement in the creation of the Ethereum blockchain. It all started with a post on Twitter that all the big crypto-industry figures involved in the formation of the Etherium network have created their ...

Analytical company Santiment published the results of a new study of the cryptocurrency market, according to which the prices of cryptoassets at the moment were, in the words of  authors, "very much scattered." Santiment analysts refer to the MVRV model (a cryptocurrency ...

On the cryptocurrency market another change of scenery. Bulls rule again. But how long will it last? And why was the fall so short-lived this time? Bitcoin Bitcoin rose more than 8% in the seven days between April 21 and 28. This was the reverse of ...

Cardano (ADA) has broken through long- and short-term horizontal resistance levels, confirming a potential bullish reversal ADA is the native token of the Cardano blockchain platform created by Charles Hoskinson. As the results of the technical analysis of the daily chart show, the outlook for ...

Vanessa Harris, the head of development at Finder and a knowledgeable Web3 technologist, recently drew an interesting analogy to describe the forthcoming update of the Cardano blockchain's key consensus protocol. According to Harris, this upgrade is similar to the innovative work of Disney theme ...

Cryptocurrencies did not show any strong dynamics in the outgoing week. However, for individual coins, large investors continue to increase their positions. What is it connected with? bitcoin Over the week, the cost of bitcoin dropped from $28,4 ...

Contradictory signals on different timeframes make it difficult to predict the Cardano (ADA) rate for this April. Perhaps the price has reached a local peak The results of the technical analysis of the daily timeframe show that the rate of the Cardano project coin (ADA) has been growing since the ...

Cardano's founder, Charles Hoskinson, has publicly criticized the Swiss bank Credit Suisse for its current financial crisis and recalled his own experience with the bank's refusal to open an account due to the volatility of cryptocurrencies. Hoskinson, who was a leader of Ethereum in 2014, explai ...

Charles Hoskinson, the creator of Cardano, has vehemently rejected claims made by cryptanalyst Vanessa Harris regarding the decentralization of the Cardano network. In a series of 17 tweets, Harris had argued that Cardano was, in fact, centralized due to its management by several individuals, and ...