The regulatory authorities have just gone after Paxos and the stablecoin that it reportedly issues. Paxos is known for the development of the BUSD stablecoin and the regulators are now going after it. Prior to the reports of scrutiny launched by the regulators, the trading price of Bitcoin (BTC) had hit a high of $22,000….
Category: Cardano (ADA)
With Cardano’s Price Moving Higher, It Manages To Overtake Dogecoin In Terms Of Valuation
In recent days, the trading price of Cardano (ADA) has started to move in the stronger bullish zone. ADA has overcome many challenges in the past couple of weeks to keep moving in the right direction. The investors have continued supporting the asset and so far, nothing has managed to discourage them to lose their…
Data Shows that Dogecoin Survived Downtrend Better than Most Crypto
The year 2022 has witnessed a major and severe downturn for the entire cryptocurrency industry. If you are thinking Bitcoin or Ether was able to make it through the hard times then you are mistaken. When we say the entire cryptocurrency industry, it means the entire cryptocurrency. This is because people lost their trust in…
Cardano (ADA) Recovers to $0.3340; Can Bulls Sustain the Upside?
Cardano’s price outlook reveals a decline to $0.3000. The nearest support stands at $0.3217. The alt encounters resistance at $0.3422. Cardano’s price outlook shows the price action met resistance at $0.3800 before plummeting to $0.3600. Meanwhile, the bulls seem to recuperate. The overall crypto spectrum noted positive sentiment within the previous day. Top players such…
Speculating Whether ADA Is Hindering Cardano’s Recent Progress Report
IOG (Input Output Global) recently tweeted about Cardano’s platform development. The update highlighted some latest developments that the ADA network experienced. Also, it presented some crucial information and statistics about implemented and planned updates. Some Crucial Cardano Updates The developmental report revealed that 102 projects ran on the Cardano blockchain, with more than 1,117 awaiting…
Cardano Presents Risky Buy Opportunity; Should You Indulge?
ADA near a support level, presenting a low-risk buying opportunity with visible invalidation. Bearish Bitcoin meant increased chances of more declines in ADA. Bitcoin plummeted below the $20,000 level again, following a lucrative performance corresponding to global indices on September 26. Cardano barely held the $0.44 range lows on that day. ADA’s failure to challenge…
Cardano (ADA): Everything About Recent Vasil Fork Enhancements
Cardano (ADA) has seen surging demand from retail and institutional investors since 2022 started. Indeed, market players have displayed interest in ADA investment products, regardless of the bearish trend. However, the question remains, can the alt present the same enthusiasm to these traders? Supporting Myself! Cardano operator and developer IOG (Input Output Global) weekend tweet…
Cardano Experiences a 4.14% Surge in Past 24-hours Backed by Strong Bullish Sentiments
Cardano (ADA) is also moving on the high track in the past 24-hours, having experienced a 4.14% uplift. At the time of writing, Cardano’s price is exhibiting a trading price of $1.19 per ADA. However, the situation was different for Cardano between March 26 and March 27. The data shows the price of Cardano was…
Cardano to Dip to $0.72 or Rise to $1.02, Price Analysis
While other cryptocurrencies are experiencing a high trend, the price of Cardano (ADA) is observing a downtrend. Cardano still doesn’t seem to be out of hot water and its price is constantly being pushed into the lower ranks. Despite the strong efforts from the bulls, the price of Cardano is also hovering below the $1…
Cardano Transaction Surges, However ADA Prices Fall
By transaction volume, Charles Hoskinson’sblockchain has become one of the most active networks of Bitcoins, but it still has not helped the price of ADA. According to Messari, the Cardano has experienced an increase in on-blockchain activity and now follows Bitcoin transaction volume in the last twenty-four-hours, surpassing Ethereum in the process. On-chain analytics firms…
Charles Hoskinson Discusses Cardano’s Plans for 2022
In the last 24 hours, the digital currency known as Cardano saw its value increase by almost 8%, whereas it has gone up by almost 25% in the last week alone. This upward movement in price comes after the updates from Charles Hoskinson and IOHK about their plans for the Cardano network in the next…
Convex Finance Aims $50, While Uniswap Consolidates – Price Analysis
While publishing this post, the crypto market hovered in the red. The past 48 hours had Bitcoin breaking under the $50K level. That had top altcoins losing their market value or trading within a confined range. Meanwhile, Uniswap secured minor surges as UNI trades between local support and overhead resistance, translating to consolidative movements. Meanwhile,…
Should You Buy Cryptocurrencies During This Dip?
Top digital coins, including Ethereum and Bitcoin, dropped their values with double-digits as concerns and profit-taking translated to an almost one billion dollar worth of liquidation among the cryptocurrency market. Time for dip-buying? The pre-Christmas crash in the crypto markets agitated investors, diminishing their risk appetite. The digital coin market is the latest to suffer…
Cardano (ADA) Prepares for a Downswing to $1.2025
Brief – ADA-USD’s rebound falls momentum this Saturday amid low market sentiments. If ADA breaks down on the 12-Hr rising channel, it might dip towards the $1.20 zone. ADA sellers have hopes due to the impending bearish Relative Strength Index and bear cross. Cardano (ADA-USD) looks to continue with its recent down moves after temporary…