Cardano

Altcoin capitulation is not complete as Cardano, MATIC, Shiba Inu holders sit on massive unrealized losses

Share: Cardano, MATIC and Shiba Inu holders are grappling with unrealized losses at the current prices.  DeFi blue-chip tokens Uniswap, Compound and Maker show resilience and emerge as top choices for investors.  Altcoin capitulation is not complete with most token holders sitting on unrealized losses likely to add to the selli...

Altcoin capitulation incomplete as small percent of Cardano, Polygon and Shiba Inu holders are profitable

Share: Cardano, MATIC and Shiba Inu holders are grappling with unrealized losses at the current prices.  DeFi blue-chip tokens Uniswap, Compound and Maker show resilience and emerge as top choices for investors.  Altcoin capitulation is not complete with most token holders sitting on unrealized losses likely to add to the selli...

Ethereum Advocate Slams Cardano as “Zombie Chain”

Ethereum advocate Evan Van Ness recently took to X to point to the fact that Base, a recently launched Layer 2 (L2) chain, has already surpassed Cardano in terms of Total Value Locked (TVL). Van Ness contemptuously referred to Cardano as a "zombie chain," pointing to data from DeFiLlama which shows Cardano ranks only 14th in TVL with $163.55 million, far behind Ethereum's $21.604 billion. Base, which was introduced earlier this year by Coinb...

Cardano’s AI Gem AGIX Shines Green in Sea of Red: Here’s Main Reason Why

SingularityNET's AGIX token has emerged today as a beacon of green amid a sea of red on the crypto market. Over the course of the day, the Cardano-based token has soared by over 9%, catapulting to the forefront of the crypto market's top performers. The driving force behind this unprecedented surge can be traced back to Nvidia's groundbreaking quarterly report, unveiled after the closing bell on the U.S. stock market. A true pioneer in the ...

Matter of opportunity or concern for Cardano, Polygon and Arbitrum investors

Share: Cardano, Polygon and Arbitrum holders have emerged as some of the biggest losers. Following the recent crash in these tokens, more than 95% of the investors are facing losses. Institutional investors pulled their investments despite observing inflows earlier in the month. The crypto market is currently in the hands of ...

More Troubling Signs for Bitcoin (BTC)

According to Mikołaj Zakrzowski, a leading Web3 analyst at cryptocurrency analytics firm Cryptoquant, the current market conditions are leaning in favor of the bears. The analyst pointed to the fact that the sell volume from Bitcoin takers substantially overshadows the buy volume. This sort of market setup has previously proven unfavorable for the flagship digital currency. As of now, more market participants are looking to sell Bitcoin tha...

Bitcoin (BTC) May Collapse to $20,000 If This Happens: Analyst

Contents A global rise in bond yields   A long-term lookBitcoin, the largest digital asset by market capitalization, could be on the cusp of another major drop.  With the flagship cryptocurrency recently extending its losses and marking its worst performance since November 2022, analysts and investors are closely monitoring key levels of support and resistance. A recent observation from cryptocurrency analyst Ali, known as @ali_charts on th...

Bitcoin Price: Oversold Indicators Offer Hope

Bitcoin, the world's foremost cryptocurrency, seems to be hinting at a potential resurgence after suffering a notable 10% crash last week. According to the post from renowned Glassnode co-founder Yann Allemann, the digital currency has initiated the week with some early signs of recovery, as its price climbed from a recent support level of $24.8k. Currently trading at around $26,117.20 as per CoinGecko data, there are oversold indicators tha...

Cardano Founder on Joe Rogan Show? Here Are Community Expectations

Cardano founder Charles Hoskinson shared an interesting poll on X (formerly Twitter) put out by a Cardano community member ''Darren." The poll sought to determine the community's opinion on whether they wanted Cardano founder Charles Hoskinson on the Joe Rogan show. Charles Hoskinson on the Joe Rogan show @joerogan #Cardano @IOHK_Charles — Darren ☘🇮🇪 (@CryptoIRELAND1) August 19, 2023 The Joe Rogan Experience (JRE) podcast features lengthy d...

Cardano’s L2 Hydra New Version Released, Here’s What Changed

Contents Cardano's Hydra receives new API endpoints, becomes faster and safer with v0.12.0 releaseCharles Hoskinson confirms Cardano's L2 ambitionsCardano (ADA) developer Sebastian Nagel, a contributor to its second-layer solution Hydra, shared details of its hotly-anticipated upgrade. This release goes live amid yet another wave of Cardano (ADA) skepticism coming from passionate Ethereum (ETH) maximalists. Cardano's Hydra receives new API ...
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