Cardano (ADA) is currently trading at a pivotal $0.291. The question is: Will ADA experience a 28% upswing or is a 23% drop on the horizon? Remarkably, the ADA price still remains in bearish territory, but the potential for a trend reversal is palpable. Price Analysis: 4-Hour Chart The 4-hour chart paints a picture of…
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After the U.S. Securities and Exchange Commission filed a lawsuit against Richard Heart and his companies Hex, Pulsechain and Pulsex, the crypto asset hex (HEX) has been in a free fall. Two-week statistics show HEX has lost 41.7% against the U.S. dollar and 35.8% over the past seven days. Uniswap Delists HEX Following SEC Lawsuit;…
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Cardano (ADA) has been at the forefront of network development over the last few months. This continued commitment to further development on the blockchain has led to the network hitting multiple new milestones. However, the price of ADA has remained stagnant, so what’s going on? Latest Achievements For Cardano The year 2023 has been a…
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Throughout the last year, the U.S. Securities and Exchange Commission (SEC) has identified numerous crypto assets as securities in cases involving Binance, Bittrex, Coinbase, Terra’s Do Kwon, Tron’s Justin Sun, and several more. The aggregate worth of these prominent digital assets, considered securities, currently amounts to $98 billion, making up over 8% of the cryptocurrency…
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Cardano (ADA) is down nearly 10% on Friday as the cryptocurrency gets caught up in a broader market pullback that has seen the likes of bitcoin drop back below $30,000. ADA was last trading just above $0.32, down more than 15% from the multi-week highs it high at $0.38 earlier in the session. The big…
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Since July 12, 2023, the cryptocurrency market has expanded by a staggering $60 billion within a mere 48 hours. The majority of this growth transpired after the decisive Ripple Labs case verdict, resulting in bitcoin’s dominance dipping from 50% to its present level of 48.6%.
Ripple Labs Case Verdict Triggers $60 Billion Crypto Market Expansion…
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Solana was one of Friday’s biggest gainers, as the cryptocurrency rose by over 11% during today’s session. The move came as markets reacted to June’s nonfarm payrolls report, which came in at 209,000, below expectations of 229,000. On the other hand, cardano ended a three-day losing streak. Solana (SOL) Solana (SOL) rallied for a second…
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Cardano (ADA) is experiencing a bounce at key support in the $0.28 area in the form of its 21-Day Moving Average and an uptrend from the June lows. The bounce, which comes as crypto markets breathe a sign of relief in wake of not-as-hot-as-feared US jobs numbers, keeps alive hopes that ADA has formed a…
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Cardano (ADA), the token that powers the decentralized smart-contract-enabled Cardano blockchain, has pulled back around 3.5% on Wednesday. After a quiet Tuesday trading day thanks to US market closures for Independence Day celebrations, volumes have come back in force on Wednesday. As per Coin Gecko, over $200 million in ADA has changed hands in the…
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Cardano was one of the notable gainers on July 4th, as the token jumped to a ten-day high in today’s session. The move came as the global cryptocurrency market was mostly in the green, despite the lower than usual market volume. Polygon also hit a multi-week high. Cardano (ADA) Cardano (ADA) climbed to a ten-day…
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