Cardano

What Are Altcoins? Guide: How To Spot Altcoin Season And How To Buy

As the year draws to a close, cryptocurrency enthusiasts are eagerly anticipating a potential boom in the market, especially for the top 5 cryptos we have examined below, with December poised to be a pivotal month for digital assets. Among the myriad of cryptocurrencies, five stand out as prime candidates for a major price explosion. Cardano (ADA), Celestia (TIA), THORchain (RUNE), Terra Classic (LUNC), and the perennial giant Bitcoin (BTC) have captured the attention of investors and analysts alike. With unique features, strong fundamentals, and a buzz of anticipation surrounding them, these top-tier cryptos are positioned to make significant moves in the coming weeks, potentially reshaping the landscape of the crypto market. Related Reading: Ethereum ATH: Exploring The Possibility Of Ether’s New Peaks In 2024 Top 5 Cryptos Set To Rally This December Bitcoin (BTC) Bitcoin is moving rapidly in the direction of the $40,000 mark. The potential approval of a Bitcoin ETF by the Securities and Exchange Commission is one of the many variables driving the price of bitcoin. In the 24 hours leading up to early Friday morning, the price of bitcoin increased 3.2%, reaching approximately $38,856, according to statistics provided by price tracker Coingecko. Coincodex has a more bullish prediction for Bitcoin, seeing the crypto hitting $58K in the coming month. Source: Coincodex Analysts such as CryptosRUs anticipate that Bitcoin will soon reach $40,000 and even more, pointing to the impending halving event and possible approvals for ETFs as major catalysts. Cardano (ADA) As November came to an end, Cardano (ADA) saw a 30% increase in price, marking its second consecutive month-over-month gain. Around the present rates, bullish traders have actively placed orders to buy an additional 41.7 million units of the coin, greatly outnumbering sell orders. According to cryptocurrency expert Crypto, ADA can surpass the $0.90 threshold in less than six months. The primary cause is the explosive growth of decentralized banking apps on Cardano, with a $250 million increase in total locked value over the previous year from $50 million. #Cardano sits at a key demand zone between $0.37 and $0.38. Here, 166,470 wallets acquired 4.88 billion $ADA. With minimal resistance ahead and solid support below, remaining above this zone could pave the way for $ADA to climb to new yearly highs. Still, watch out, as losing… pic.twitter.com/GDjhspFSVr — Ali (@ali_charts) November 27, 2023 Analyst Ali Martinez projected in November 2023 that ADA would reach annual highs, which would be advantageous for the coin’s prospects in 2024. Celestia (TIA) Because Celestia (TIA) is the industry’s first modular blockchain network and has huge future potential, market experts believe it will be a worthwhile investment in 2023. The price behavior of Celestia (TIA) shows a bullish pattern, with local support at $6.20 and resistance at $7.27. Following the breakdown of the resistance, experts predict a possible rally toward $8. Bulls claim that TIA may rise as high as $9.70 by the end of 2023, despite the fact that the Celestia mainnet went live on October 31. As of today, the market cap of cryptocurrencies stood at $1.4 trillion. Chart:  TradingView.com Crypto Year-End Rally THORChain (RUNE) The value of THORChain (RUNE) increased from $3.76 last week to $6.35 by the end of November, a 70% increase driven by the rise of THORChain as the second-largest decentralized exchange. Overall, the coin’s mood is still positive. Forecasts for the end of 2023 indicate that there may be a peak at $10.2, with crucial support levels between $3.4 and $4 being essential to maintaining this development trajectory. The price of THORChain (RUNE), a decentralized liquidity protocol token, is continuing to rise, exhibiting a bullish bias in its trade. Related Reading: Shiba Inu Ripple: Massive $300 Billion Transfer Sends Crypto Community Into Speculation Source: Santiment Terra Classic (LUNC) Completing our list of the top 5 cryptos for the weekend is the Terra Classic (LUNC). The past month has seen tremendous price action for LUNC; in just one day, the token has increased by over 22%, and over the course of the previous month, it has increased by almost 130%. Following a significant price increase, traders are talking favorably about LUNC. After its recent collapse, sentiment analysts predict that the tokens will see a resurgence in value. The cryptocurrency will most likely reach $0.001 by 2024 if the bullish trend for LUNC continues and additional ecosystem growth takes place, even though short-term price behavior is unpredictable. (This site’s content should not be construed as investment advice. Investing involves risk. When you invest, your capital is subject to risk). Featured image from Shutterstock

Top 5 Cryptos Set For A Price Explosion This December – ADA, TIA, RUNE, LUNC, BTC

Cardano founder Charles Hoskinson has stirred the crypto community, revealing significant ‘truths’ about Bitcoin’s centralized origins and its regulatory perceptions in the United States.  Hoskinson Unveils Bitcoin Truth Founder and CEO of Cardano, Charles Hoskinson has recently published a live video titled ‘On Bitcoin, Ethereum, and Cardano’ via his main X (formerly Twitter) account. In […]

Cardano Founder Drops Hard Truths: ‘Bitcoin Was Heavily Centralized At The Start’

Sam Bankman-Fried, the co-founder of the FTX crypto exchange, who was recently found guilty of multiple counts of criminal fraud, reportedly faced a harrowing experience while incarcerated.  According to a former mobster turned federal informant, Gene Borrello, who shared a prison cell with Bankman-Fried, the disgraced crypto executive was placed on suicide watch and endured challenging conditions during his time at Brooklyn Metropolitan Detention Center (MDC) while awaiting sentencing next year. FTX Co-Founder Subjected To Extortion The details emerged during an interview with crypto blogger Tiffany Fong, where Borrello disclosed the troubling circumstances surrounding Bankman-Fried’s imprisonment.  The former detainee recounted how Bankman-Fried was subjected to suicide watch, extortion attempts, and even periods of self-neglect, including refusing to eat or shower for several days. Related Reading: Bitcoin ETF Approval Date Hinted By Expert: SEC Decision Expected January 5th – 10th, 2024 In an attempt to protect Bankman-Fried from potential harassment or extortion, authorities segregated him from gang members within the prison facility. However, despite these precautions, Borrello’s intervention reportedly foiled an extortion plot against the crypto mogul. Borrello further revealed that he prevented the extortionists from coercing Bankman-Fried into sharing a bunk with them, placing the FTX co-founder in a solitary wing. Additionally, Bankman-Fried’s parents reportedly requested his transfer to the solitary unit to ensure his safety. Drastic Change In Prison? Describing the physical and emotional toll on Bankman-Fried, Borrello highlighted the crypto executive’s frail appearance, likening it to that of an elderly man. Borrello stated on the matter: He has the body of an 80-year-old man. He has, like, no shape to him. When he talks to you, he puts his head down; he’s very timid, he talks very nervously.  Borrello also noted Bankman-Fried’s timid demeanor, with the co-founder displaying signs of nervousness during interactions.  In one conversation, Borrello confronted Bankman-Fried, stating that he had never been in a physical altercation before and questioned his association with gang members. As reported by our sister site, Bitcoinist, Bankman-Fried received unique treatment in prison, where he allegedly received special privileges for sharing cryptocurrency-related information with prison guards and fellow inmates. However, Borrello’s account offers a contrasting perspective, emphasizing the challenges and vulnerabilities the disgraced executive faced behind bars. Related Reading: Cardano (ADA) Retests Major Resistance Wall, Will Break Happen? As Bankman-Fried’s sentencing approaches, his time in prison, including allegations of bullying and the ultimate impact on his legal proceedings, continues to draw attention.  The revelations from Borrello’s interview provide a rare glimpse into the world of the disgraced FTX co-founder, and it remains to be seen what other revelations may be made in prison for Bankman-Fried as his sentencing trial looms in 2024. At present, the native token of FTX, FTT, is trading at $4.0997, indicating a decrease of 2.8% in the past 24 hours. However, it is noteworthy that the token has experienced a substantial surge of 216% year to date. Featured image from Shutterstock, a chart from TradingView.com

Disgraced FTX Co-Founder Placed On Suicide Watch In Prison, Reveals Former Inmate

Delve into the recent developments in the crypto market, focusing on the upward momentum of Cardano (ADA). The analysis highlights ADA's consistent rise and explores technical indicators to provide comprehensive price prediction. Discover key support and resistance levels and explore potential scenarios for ADA's price movement. Whether ADA continues its upward journey or faces downward pressure, stay informed about the market dynamics

Cardano's (ADA) Bullish Symphony: Investors Wonder, Can the Music Last?

On-chain data shows Cardano is currently retesting a major resistance wall, breaking through which might pave the way to higher price levels. Cardano Is Facing On-Chain Resistance At Current Price Levels According to data from the market intelligence platform IntoTheBlock, there appears to be key on-chain resistance around the $0.38 mark. In on-chain analysis, levels are judged to be “resistance” or “support” based on whether they host the cost basis of a significant number of investors or not. The cost basis here naturally refers to the price at which a Cardano investor bought their tokens. This price is obviously an important level for any holder, as the asset’s spot value retesting this level could mean a potential swing in their profit-loss situation. Related Reading: Polygon Whales Go On 120 Million MATIC Buying Spree, Rally Soon? Because of this reason, holders are particularly sensitive when such a retest happens and as such, they may be more likely to show some kind of move. What kind of move this would be, though, depends on the prior profit-loss situation of the investor. Investor psychologically works so that if the trader had been holding a profit before this retest, they might want to take a further gamble at it, as they could believe this same price level would be profitable again in the future. Similarly, the holder might lean towards selling instead if the retest is happening from below since they would fear a scenario where the price declines again and they dip back into losses. Now, here is what the various Cardano price ranges are looking like right now in terms of the concentration of investors or addresses who acquired their coins at them: Looks like the current price range is offering a significant amount of impedance to the price | Source: IntoTheBlock on X In the above graph, the size of the dot represents the amount of investors who bought inside the range. As mentioned before, investors are likely to show some reaction when the price retests their cost basis, so if a large number of them share their cost basis inside the same range, the effect that the market would feel from the retest would also be equally sizeable. From the chart, it’s visible that the ADA price range between about $0.37 and $0.39 has a cost basis of over 319,000 addresses, which acquired a total of 7.19 billion ADA at these levels. Related Reading: Chainlink Signal Resurfaces: Is Another 31% Rally Coming? This is the same range that Cardano has been retesting recently and has been struggling to break out of. It would appear that the reason behind this might be the resistance being offered by the sellers who are attempting to exit at their break-even prices. Given the large scale of this resistance wall, it would be tough for the cryptocurrency to mow through it and gain some distance. If the asset can achieve this, though, then the zone might turn into support instead and provide some solid ground for a move towards higher levels. ADA Price Cardano is trading around the $0.38 level right now, which is right in the middle of the resistance wall. The value of the asset appears to have been moving sideways in the last few days | Source: ADAUSD on TradingView Featured image from Shutterstock.com, charts from TradingView.com, IntoTheBlock.com

Cardano (ADA) Retests Major Resistance Wall, Will Break Happen?

Uniswap logo Bitcoin (BTC) is backing off after hitting fresh highs for the year in the $38,800s earlier in the session, but at current levels in the $38,300s, is still up close to 2% in the past 24 hours. Other major cryptocurrencies like Ether (ETH), XRP (XRP), Solana (SOL) and Cardano (ADA) were all also […]
The post Biggest Crypto Gainers Today on Uniswap – MBX, MORRA, AGRS appeared first on Cryptonews.

Biggest Crypto Gainers Today on Uniswap – MBX, MORRA, AGRS

The Cardano Ballot will launch on Friday to determine if the team's efforts to decentralize Cardano is acceptable to the community.
The post What You Need to Know About the New Cardano (ADA) Ballot appeared first on BeInCrypto.

What You Need to Know About the New Cardano (ADA) Ballot

The intersection between AI and blockchain is one many didn’t anticipate. Remarkably, the gap between the two has been narrowing in recent times. In a development that has stirred up excitement, Cardano (ADA) announced the launch of the first internet-enabled…

ADA makes AI breakthrough with internet-generative chatbot, while ETH whales accumulate this AI altcoin

The post 3 Crypto Set To Explode After Ethereum ETF Approval – Dogecoin (DOGE), Cardano (ADA) and Solana (SOL) appeared first on Coinpedia Fintech News
The cryptocurrency market, currently holding a capitalization of $1.42 trillion, is witnessing a unique phase marked by an altcoin slump. Despite this, there is a sense of anticipation for a potential surge, especially after the Ethereum ETF approval. This environment sets the stage for notable cryptocurrencies like Dogecoin (DOGE), Solana (SOL), Cardano (ADA), and the …

3 Crypto Set To Explode After Ethereum ETF Approval – Dogecoin (DOGE), Cardano (ADA) and Solana (SOL)

CardanoGPT, a cutting-edge startup creating blockchain-based artificial intelligence solutions, has formally declared the beta release of Girolamo, their AI-powered chatbot. The integration of artificial intelligence (AI) technologies with the Cardano blockchain ecosystem has advanced significantly with this endeavor. The chatbot, which bears the name Girolamo Cardano in honor of the notable Italian mathematician, aims to […]

CardanoGPT Announces Girolamo Beta Launch: An Extensive AI-powered Chatbot on Cardano Blockchain

Source: Dall•E 3 The Cardano price has seen a 2% bounce in the past 24 hours, rising to $0.382175 on a day when the wider crypto market has gained by 2.5%. ADA is now down by 2% in the past week, yet the coin remains up by 32% in the last 30 days and by […]
The post Cardano Price Prediction as ADA’s Profitability Lags at 35% – Is $0.40 the Last Critical Resistance Before $1? appeared first on Cryptonews.

Cardano Price Prediction as ADA’s Profitability Lags at 35% – Is $0.40 the Last Critical Resistance Before $1?

Recent insights from blockchain analytics firm IntotheBlock have brought a concerning scenario for Cardano (ADA) enthusiasts to light. Despite a generally bullish market, only 35% of ADA investors are in the green. This percentage, notably lower compared to other top blockchain protocols, highlights the unique hurdles ADA stakeholders face. Moreover, IntotheBlock’s analysis points out a […]
The post Cardano (ADA) Sees Only 35% of Investors Profiting in a Bullish Market appeared first on Coin Edition.

Cardano (ADA) Sees Only 35% of Investors Profiting in a Bullish Market

Earlier this year, there was a prediction that Cardano (ADA) would reach $3. However, given its current price, it is unclear whether it will reach this milestone. Meanwhile, users are accumulating Meme Moguls, making it primed for explosive growth. Cardano (ADA): Is $3 Still Feasible in 2023? On January 2, Cardano Feed made a bold […]

Is Cardano to $3 Still Possible this Year? Find out Why Users are Accumulating Meme Moguls

Charles Hoskinson, the Cardano blockchain’s founder, has recently taken a swipe at ardent supporters of Bitcoin (BTC), arguing that Bitcoin has launched as a fully centralized entity. Hoskinson expressed this sentiment in a recent live stream, weighing on the evolving dynamics in the Bitcoin, Ethereum, and Cardano communities. Hoskinson first highlighted that, at the time, […]
The post Hoskinson Slams Bitcoin Maxis, Argues Bitcoin Started Centralized appeared first on Coin Edition.

Hoskinson Slams Bitcoin Maxis, Argues Bitcoin Started Centralized

The post Cardano, Borroe Finance and Terra Luna Classic – Which Will Pass $1.00 First appeared first on Coinpedia Fintech News
In the dynamic world of cryptocurrencies, the race to reach significant price milestones is always on. Currently, there’s a fascinating contest brewing among three top crypto coins: Cardano (ADA), Borroe Finance ($ROE), and Terra Luna Classic (LUNC).  Each of these contenders has its unique strengths and a loyal community backing. But the million-dollar question is, …

Cardano, Borroe Finance and Terra Luna Classic – Which Will Pass $1.00 First

The post Is ADA Price Still Bullish? Is it a Good Time to Buy Cardano? Here’s What You Need to Know! appeared first on Coinpedia Fintech News
The crypto markets are recovering as the major tokens have begun the monthly trade on a bullish note. These tokens closed the previous month’s trade holding the crucial resistance zone, which indicates the bulls remained active regardless of the recent bearish activity. The native token of the 3rd-gen chain, Cardano (ADA) also appears to be …

Is ADA Price Still Bullish? Is it a Good Time to Buy Cardano? Here’s What You Need to Know!

They Are Ruining Us - It Was All Planned | Charles Hoskinson Bitcoin & Cardano

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They Are Ruining Us - It Was All Planned | Charles Hoskinson Bitcoin & Cardano

In a recent turn of events within the cryptocurrency sphere, Charles Hoskinson, the co-founder of Cardano (ADA), found himself embroiled in a heated clash with members of the XRP community.

Cardano’s Hoskinson and XRP Community Clash Over Accusations and Conspiracy Claims

Delve into the captivating world of Ripple (XRP) and Cardano (ADA) as they brave turbulent waters with the SEC, set against the backdrop of an up-and-coming token with bright prospects before 2024. Our in-depth analysis uncovers the twists and turns in their market journey, marked by legal entanglements of XRP and ADA and a rising token's ambitious stride towards remarkable gains. Stay at the forefront of the crypto sphere with our keen insights, unraveling the complex narratives and potential breakthroughs in this thrilling and ever-changing digital currency scene.

SEC Challenges Slow Ripple (XRP) and Cardano (ADA), As a Rising Token Targets Exceptional Gains Right Now

The truce between Cardano founder, Charles Hoskinson and members of the XRP Community is currently being threatened following the recent spat on X over the role of Ethereum’s core developer Joseph Lubin in the regulatory crackdown on Ripple Labs Inc. by the United States Securities and Exchange Commission (SEC). Cardano Founder and XRP Community Truce 
The post Cardano Founder and XRP Community Are at Each Other’s Throats Again appeared first on CoinGape.