Can Cardano Avoid the $0.2 Dropping Point? Monitoring Critical Indicators
In the past two weeks, Cardano surged from $0.3 to $0.36. A long bottom wick on last week’s candle shows that bulls pushed the price higher. However, despite these gains, ADA still faces the risk of a drop to $0.2. Macro technical analysis points to a potential downturn. Can bulls avert this decline? Increased TPS […]
Charles Hoskinson Denounces Claims of Locked ADA Staking in Crypto Debate
Charles Hoskinson has voiced his frustration over what he describes as an “epic” rise in misinformation about ADA. A rumor falsely claims that Cardano’s large market cap stems from investors being unable to sell their ADA due to being locked in staking pools. This claim emerged during a podcast featuring crypto commentators InvestAnswers, CTO Larsson, […]
Charles Hoskinson Praises Cardano’s Chang Hard Fork as a Major Milestone
Charles Hoskinson has lauded the Cardano blockchain’s advancements following the recent Chang hard fork. This update, which incorporated onchain governance, marks a significant milestone for Cardano. Hoskinson believes that these achievements make Cardano’s progress dwarf Bitcoin’s accomplishments. Impact of the Chang Update In a social media post, Hoskinson reflected on the journey of Cardano and […]
Cardano Founder Outlines Post-Chang Upgrade Roadmap
Charles Hoskinson, the founder of Cardano, has outlined the network’s future direction following the recent Chang hard fork. This announcement comes a day after he declared Cardano an independent blockchain. In a video posted on X, Hoskinson shared that Cardano has entered the bootstrap phase. This phase marks the beginning of the new governance structure […]
Whales Liquidate $326 Million in Cardano Following Chang Hard Fork
In the crypto market, the actions of large investors, known as whales, always draw attention. Recently, Cardano faced significant movements. After the Chang hard fork, these whales sold $326 million in Cardano. This sell-off pressured Cardano’s price and postponed the anticipated market breakout. Key Insight: Cardano Faces Overvaluation Issues Cardano’s overvaluation has sparked negative market […]
Cardano Chang Hard Fork: A New Era of Community Governance
Cardano is on the brink of a major transformation. The upcoming Chang hard fork will launch the much-anticipated Voltaire Era, ushering in a new phase of decentralized governance. Input-Output Global, the development team behind the altcoin, has worked tirelessly to make this happen. This upgrade is a pivotal moment for the network. Cardano: The Path […]
Charles Hoskinson Addresses Concerns After Brief Absence
The Crypto X community, known for monitoring figures like Cardano Founder Charles Hoskinson, grew alarmed after his four-day silence. This unusual absence sparked speculation about his whereabouts, with some fearing the worst due to his history of risky expeditions. Hoskinson Breaks Silence However, Hoskinson resurfaced on X about five hours ago, quickly addressing the community’s […]
Cardano Faces Resistance: Is a Rebound to $0.3 on the Horizon?
Cardano’s recent price rally has hit a significant resistance level, raising questions about its ability to maintain upward momentum. Initially, the price surge pushed past an interim resistance level, hinting at a potential rise beyond $0.43. The surge in trading volume seemed to favor a bullish trend, but the latest decline has sparked concerns about […]
Cardano Founder Highlights Network’s Strength and Speed at Rare Evo 2024
At the Rare Evo 2024 conference, Charles Hoskinson, the founder of Cardano, made a bold statement about the blockchain’s resilience and speed. Hoskinson emphasized that Cardano’s robust architecture has evolved over the years, making the network too strong to falter. Hoskinson compared Cardano’s strength to an armored vehicle, stating, “Cardano doesn’t go down—it’s built like […]
Cardano (ADA) Shows Bullish Momentum Ahead of Voltaire Era
Cardano (ADA) is flashing bullish signals as it approaches a crucial milestone in its development. Crypto analyst Dan Gambardello has identified key indicators suggesting a significant price rally for Cardano. According to Gambardello, ADA is poised for a strong upward move, driven by both technical factors and the upcoming Voltaire upgrade. Cardano’s Bullish Technical Indicators […]