Cardano

Cardano Founder Reacts to Ripple Lawsuit Win: Details

Cardano founder Charles Hoskinson has praised Ripple CEO Brad Garlinghouse in the wake of the win in the Ripple-SEC lawsuit. Hoskinson shared a GIF image that reads "well done," tagging the Ripple CEO on Twitter. In a separate tweet, Hoskinson praised the XRP community, saying, "Well done, XRP." @bgarlinghouse pic.twitter.com/jDIllKDcvP — Charles Hoskinson (@IOHK_Charles) July 13, 2023 He added that one small step for the XRP Nation is one gi...

Over 100k ADA holders’ profits multiply by 30% as Cardano price rallies to $0.35

Share: Cardano price enjoyed bullishness on the back of XRP rallying by more than 70%. Over the last two months, the number of mid-term holders has seen a rise of 100k. The mid-term holders that are enjoying gains at the moment stood strong through the 30% crash from the month before. Cardano price, along with the rest of the...

XRP naysayers miss out on 70% gains after Ripple Labs and SEC share joint victory

Share: A federal judge has determined that XRP is not necessarily a security. Based on the ruling, the Ripple Labs token can only be security when sold to institutional investors. While the news represents a partial win for the SEC, the XRP community is elated with 70% price gains to show for it. SOL, ADA, and MATIC, recently ...

Cardano Drama: This Grifter Company Targets $5.8+ Million From Catalyst Fund 10

Recently, controversy has been swirling around Cardano, one of the most prominent names in the cryptocurrency industry. RFLXT, a company reportedly funded by IOHK (Input Output Hong Kong), the technology company co-founded by Charles Hoskinson — who is also the founder of Cardano — is vying for a staggering sum of over 5.8 million ADA tokens from Catalyst Fund 10. The breakdown of the request has raised eyebrows within the Cardano community. T...

Cryptos Are Tops in Risk in Case of Recession, Bloomberg’s McGlone Warns

Cryptocurrencies, known for their volatility, pose the greatest risk in the event of a recession, warns Mike McGlone, Bloomberg Intelligence's senior commodity strategist, in a recent tweet.  Despite Bitcoin being the least of concerns among cryptocurrencies, McGlone predicts that the U.S. is unlikely to dodge an economic downturn by year-end. As a consequence of an imminent recession, central banks may resort to injecting more liquidity int...

Here’s What’s Next for Cardano (ADA) as Token’s Price Seems Ready to Explode

Cardano (ADA), one of the leading cryptocurrencies, is currently witnessing a steady 1.5% growth in its price, signaling the possibility of a significant upcoming surge. Following a painful fall in early June, ADA's price has spent the past month in upward consolidation, reviving hopes for a breakthrough. Throughout this period of consolidation, ADA's price movement has shown characteristics of a classic bearish wedge pattern. Thus, in the ...

Solana price up 25%, expert says FUD is driving the rally

Share: Solana price is up 25% in the month, 135% in the year, outperforming the first 100 cryptocurrencies by market capitalization. The performance is striking, considering SOL bears the SEC’s security label that threatens its exchange listings.   The unorthodox performance has experts like Tedtalksmacro evaluating the role of...

Legendary Trader John Bollinger Points Out Noteworthy Bitcoin Pattern

Legendary trader and technical analyst, John Bollinger, took to Twitter on Friday to highlight a noteworthy Bitcoin pattern. Known for his creation of the Bollinger Bands, a popular tool among traders for analyzing volatility and price levels, Bollinger identified a classic sequence playing out on the chart: blastoff, rip through the upper band, consolidate, find support at the middle band, and turn higher.  For those less acquainted with Bo...

Cardano Millionaire Whales on Steady Buying Spree as ADA Price Teases Next Move

Data from on-chain analytics firm IntoTheBlock suggests that Cardano millionaire addresses are accumulating despite the sideways price action seen on ADA of late. ADA is currently engaged in sideways trading after dipping to lows of $0.22 on June 10. At the time of writing, ADA was down 1.79% in the last 24 hours to $0.289. Cardano's range-bound trading between $0.253 and $0.305 enables a consolidation period that might reestablish positive ...

Uniswap trading volume rises 10% as Apollo Capital touts the promise of decentralized derivatives

Share: Apollo Capital CIO Henrik Anderson believes on-chain derivatives are the next DeFi boom. He attributes the speculation to the increasing popularity of decentralized spot trading fueled by the FTX collapse. On the other hand, Uniswap attributes its success to providing more liquidity compared to CEXs such as Binance and C...
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