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By CryptoGlobe July 31, 2023 In Binance, Bitcoin, Blockchain, Cardano, Charles Hoskinson, Coinbase, Cryptocurrencies, DeFi, Dogecoin, Ethereum, Exchanges, Polygon, Ripple, Solana, Strong, Trading

Dogecoin ($DOGE) Overtakes Cardano ($ADA) as Seventh-Largest Crypto Price Surge

The meme-inspired cryptocurrency Dogecoin ($DOGE) has seen its value surge over 14% over the last few days, to the point it has surpassed smart contract platform Cardano ($ADA) as the seventh-largest cryptocurrency by market capitalization, with DOGE’s surge leading to millions in liquidations over a 24-hour period. According to available market data, over the past […]

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$ADA: Crypto Analyst Explains His Concern Over Cardano’s Price Action, Reminds Him of 2019 Downtrend

In a recent Cardano (ADA) trading strategy session, prominent crypto analyst Benjamin Cowen issued a warning about Cardano, a leading competitor to Ethereum (ETH). Cowen drew attention to the striking similarities between Cardano’s current price action and its performance in the latter half of 2019, a period marked by a consistent downward trend for ADA. […]

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$ADA: Cardano’s Ecosystem Set for Major Boost as Mithril Nears Mainnet Release

Mithril, is on the brink of its mainnet release. Developed by IO Global (IOG), the tech firm behind much of Cardano’s research, Mithril is set to tackle some of the biggest challenges in blockchain applications. Think of Cardano as a two-story building. The first floor, the Cardano Settlement Layer (CSL), is where the cryptocurrency ADA […]

Cardano DeFi

$ADA: Cardano DeFi Masterclass Course Unveiled by EMURGO Academy

EMURGO Academy, an educational division of the global blockchain technology firm EMURGO (which is the commercial arm of Cardano), has unveiled its latest offering: a DeFi Masterclass. This course is the result of a collaborative effort with the Cardano DeFi Alliance (CDA). Established in January 2019, EMURGO Academy is a global educational initiative dedicated to […]

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Ethereum ($ETH) Tops Crypto ESG Ranking, Ahead of Solana ($SOL), Cardano ($ADA), and $XRP

The second-largest cryptocurrency by market capitalization Ethereum ($ETH) has topped the first institutional grade cryptocurrency ESG ranking, in which it was followed by rival smart contract platforms Solana ($SOL) and Cardano ($ADA). According to CCData’s ESG Benchmark report, which notes Environmental, Social, and Governance (ESG) mandates are “increasingly prevalent amongst institutional investors and funds,” with […]

Cardano

Cardano’s Ecosystem: A Week of Significant Developments

In the dynamic landscape of Cardano, the past week has been filled with noteworthy advancements. Input Output Global (IOG), the driving force behind Cardano’s research and development, has been actively pushing the boundaries in various aspects of the Cardano ecosystem. These achievements were described in IOG’s latest Weekly Development Report, which was published on Essential […]

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Cardano (ADA/USD) Price Analysis – 6 July 2023

Introduction This report provides a technical analysis of Cardano (ADA) for 6 July 2023. The analysis includes an overview of the price and volume and a detailed examination of the daily and monthly technical indicators and moving averages. This report aims to provide traders and investors with insights into ADA’s short-term and long-term market trends. […]

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Cardano ($ADA) Powered Algorithmic Stablecoin $DJED Loses Peg Amid Reserve Ratio Drop

The popular Cardano-powered algorithmic stablecoin Djed ($DJED), which is backed by nearly 40 million $ADA tokens, has lost its peg to the value of the U.S. dollar and is now trading at $1.09 across decentralized exchanges on the Cardano ecosystem. Data shows that the DJED stablecoin has lost its peg after it failed to maintain […]

Cardano Price Analysis

Cardano (ADA/USD) Price Analysis Report – 4 July 2023

Introduction This report provides a comprehensive analysis of Cardano (ADA) for 4 July 2023. The data includes real-time price, volume, bid/ask, day’s range, technical indicators, and moving averages. Price and Volume Overview As of 5:29:14 p.m. UTC on 4 July 2023, Cardano is trading at $0.2929, down by $0.0013 (-0.44%) from its previous close. The […]

Cardano Web3

Cardano’s Web3 Wallets: Pioneering Financial Inclusion in Emerging Markets

On 3 July 2023, Input Output Global (IOG), the technology firm behind the development of the Cardano protocol, highlighted the transformative role of Web3 wallets on Cardano in fostering economic growth and enhancing financial health in emerging markets. Over a series of tweets, IOG explains that Web3, also known as the decentralized web, marks a […]

Cardano NFTs

ADA: Vodafone Germany Explains Why It Is Using Cardano for Its NFT Venture

Vodafone Germany has revealed plans to release an NFT collection on the Cardano (ADA) blockchain. This news was shared by Patrick Tobler, the Founder and CEO of NMKR, a leading NFT creation, minting, and trading infrastructure provider on the Cardano blockchain. Tobler shared the announcement made by a Vodafone Germany employee (“Luca”) on the company’s […]

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Revolut to Delist Cardano ($ADA), Polygon ($MATIC), and Solana ($SOL) for U.S. Users Amid SEC Pressure

The United Kingdom-based financial technology giant, Revolut, has disclosed it’s set to delist three popular cryptocurrencies for its U.S. users, Cardano ($ADA), Polygon ($MATIC), and Solana ($SOL) through an email sent to its users. The move will mean that U.S. users of the popular fintech platform will find themselves unable to buy these cryptocurrencies, while […]

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Cardano ($ADA) Faces a 50% Plunge Against Bitcoin Based on Historical Data, Crypto Analyst Suggests

In a sobering analysis, popular cryptocurrency analyst Benjamin Cowen has revealed that he believes the price of Cardano’s native token, $ADA, could see its value drop 50% against that of the flagship cryptocurrency Bitcoin ($BTC). On the popular microblogging platform Twitter, Cowen shared his insights into the potential price tracjectory of ADA, pointing to its […]

Cardano Price Analysis

ADA: Crypto Analyst Explains Why He Believes a Mass Sell-Off of Cardano (ADA) Is Coming Soon

In a recent episode of the popular crypto market commentary YouTube series “Cheeky Crypto,” the host (Nick) got into a detailed technical analysis of Cardano (ADA). The video provides insights into the recent performance of ADA and what might be expected next. Nick begins the video by addressing some confusion caused by recent videos about […]

Cardano

Cardano (ADA) Now Recognized as COMMODITY by 4th Most Populous Country, Says Prominent Crypto Analyst

In a recent video update, Dan Gambardello, the founder of Crypto Capital Venture and a popular crypto analyst, shed light on the exciting developments surrounding Cardano (ADA). He highlighted the significant regulatory advancements in Indonesia, where Cardano has been approved for trading as a commodity. Gambardello emphasized that this regulatory support, coupled with the burgeoning […]

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Cardano Co-Founder Charles Hoskinson Clears the Air: ‘I Never Worked for Ripple’

On Friday (23 June 2023), Charles Hoskinson, a Co-Founder of Ethereum and Cardano, addressed an online rumor about his alleged past as an intern at Ripple. As it turns out, the rumor was based on a case of mistaken identity. Hoskinson tweeted: One source of this rumor was the following tweet: The confusion seems to […]

Cardano Price Analysis

Cardano (ADA) Price Analysis for 22 June 2023

Introduction This report provides a comprehensive analysis of Cardano (ADA) for 22 June 2023. The data includes real-time price, volume, bid/ask, day’s range, technical indicators, and moving averages. Price and Volume Overview As of 10:35 a.m. on 22 June 2023, on Binance, Cardano is trading at $0.3027, up by 8.49% from its previous close. The […]

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Altcoin Daily on Recent and Upcoming Changes to Ethereum, Cardano, and Polygon You Should Know About

In a recent video from the YouTube series “Altcoin Daily,” upgrades to Ethereum (ETH), Cardano (ADA), and Polygon (MATIC) were discussed, providing valuable insights for investors and crypto enthusiasts alike. The video begins by highlighting the growing confidence in Bitcoin and Ethereum, as evidenced by net outflows from exchanges. This trend indicates that more of these […]

Cardano Price Analysis

Cardano (ADA/USD) Price Analysis – 21 June 2023 – Technical Indicators and Moving Averages Scream ‘STRONG BUY’

Introduction This report provides a comprehensive analysis of Cardano (ADA) for 21 June 2023. The data includes real-time price, volume, bid/ask, day’s range, technical indicators, and moving averages. Price and Volume Overview As of 5:35 a.m. UTC on 21 June 2023, on Binance, Cardano (ADA) is trading at $0.2776, up by $0.0173 (+6.65%) from its […]

$ADA: Crypto Analyst Predicts Prolonged Downtrend for Cardano

In a bearish forecast for the cryptocurrency Cardano ($ADA), popular digital currency analyst Benjamin Cowen suggested that the digital asset could continue to languish for the remainder of the year before bottoming out. During a recent strategy discussion, Cowen drew on historical market trends to suggest that Cardano may not hit its nadir until 2023 […]

Cardano (ADA) Price Analysis Report – 20 June 2023

Introduction This report provides a comprehensive analysis of Cardano (ADA) based on the latest data as of 20 June 2023. The analysis includes a review of the current price, technical indicators, and moving averages. Price and Volume Overview As of 7:51 a.m. UTC on 20 June 2023, Cardano (ADA) is trading at $0.2588, down by […]

Cardano (ADA) Price Analysis – 19 June 2023

Introduction This report provides an analysis of the cryptocurrency Cardano (ADA) based on the latest data as of 19 June 2023. The analysis includes a review of the current price, volume, bid/ask prices, day’s range, technical indicators, and moving averages. Cardano has seen some interesting movements recently, and this report aims to provide insights into […]

Cardano (ADA/USD) Price Analysis – 17 June 2023

Introduction This report provides a comprehensive analysis of Cardano’s (ADA) price dynamics, covering technical indicators and moving averages. Price and Volume Overview As of 4:52 p.m. UTC on 17 June 2023, on Binance, the price of ADA is $0.2671, which is an increase of $0.0059 (+2.26%) from the previous close. The volume of ADA traded […]

$ADA: Cardano’s Exciting Leap: New User-Friendly Features and Major Tech Advancements

According to the IOG’s latest development update, in the past week, Cardano has made significant strides in its core technology. The networking team has implemented a new light peer sharing feature, which is a primary method for new unregistered nodes to join the network. However, this feature is currently disabled pending the completion of the […]

Bakkt Bids Adieu to Solana, Polygon, and Cardano Amid Regulatory Whirlwinds

New York-based digital assets trading platform Bally has taken a step back, delisting Solana, Polygon, and Cardano, according to the report by James Hunt for The Block, citing an article published in Fortune. The reason? A cloud of regulatory uncertainty that’s casting long shadows over the crypto stage. Marc D’Annunzio, the company’s general counsel and […]

Market Bottom? Cardano ($ADA) Trading Volume, Active Addresses and Social Dominance Reach 2023 Highs as Price Falls

The price of the smart contract platform Cardano ($ADA) has recently fallen to a $0.23 low after the cryptocurrency was said to be a security in lawsuits filed by the U.S. Securities and Exchange Commission (SEC) against leading exchanges Binance and Coinbase, while some of its metrics rose to yearly highs. While the price of […]

Cardano (ADA/USD) Price Analysis – 13 June 2023: ‘STRONG BUY’ Suggested by Technical Indicators

Introduction This report provides a comprehensive analysis of Cardano’s (ADA) price dynamics on Binance, covering technical indicators, moving averages, and pivot points. Price and Volume Overview As of 9:21 a.m. UTC on 13 June 2023, on Binance, the price of ADA is $0.2817, which is a decrease of $0.0012 (-0.42%) from the previous close. The […]

$ADA: Cardano’s Hoskinson Sees SEC’s Lawsuit Against Binance as a Step Towards Control, US CBDC

Cardano ($ADA) creator Charles Hoskinson has, in the face of a sweeping legal action by the U.S. Securities and Exchange Commission (SEC) against Binance, offered his interpretation of the situation, where he asserted the lawsuit is part of a larger effort to regulate the digital assets industry, possibly paving the way for a central bank […]

Cardano (ADA/USD) Price Analysis for 12 June 2023: Technical Indicators Suggest Strong Buy

Introduction This report provides a comprehensive analysis of Cardano (ADA)’s price dynamics on Binance, covering technical indicators, moving averages, and pivot points. Price and Volume Snapshot At the time of the report, Cardano (ADA) was priced at $0.2824, experiencing an increase of $0.0205 (+7.83%) compared to the previous period. The snapshot was taken at 05:44:11 […]

Cardano (ADA/USD) Price Analysis for 11 June 2023: Moving Averages Give ‘Strong Sell’ Signal

Introduction This report provides a comprehensive analysis of ADA’s price dynamics on Binance, covering technical indicators, moving averages, pivot points, and more. Price and Volume Snapshot At the time of the report, Cardano (ADA) was priced at $0.2645, experiencing an increase of $0.0211 (+8.67%) compared to the previous period. The snapshot was taken at 05:07:44 […]

Cardano (ADA) Price Analysis for June 10, 2023: ‘A Strong Sell Signal Dominates the Market’

Introduction Welcome to our comprehensive price analysis report for Cardano (ADA) as of June 10, 2023. This report is based on price data, technical indicators, and moving average data sourced from Binance at 05:49 AM UTC. We delve into the intricate dynamics of ADA’s price, volume, and key technical indicators. Whether you’re a seasoned trader […]

Cardano’s Bullish Strides: A Look at the Latest Development Update

The latest Cardano weekly development update, published on June 9, 2023, by Input Output (IOG), reveals some exciting progress in the Cardano ecosystem. The report highlights advancements in core technology, smart contracts, scaling, governance, and more. Here are the most bullish aspects of the report. The core technology teams have been diligently working on node, […]

Cardano (ADA) Price Analysis

Cardano (ADA) is a popular cryptocurrency known for its innovative blockchain technology and focus on security and scalability. In this technical analysis report for 9 June 2023, we will examine key indicators and interpret their values to provide insights into ADA’s potential price targets. Current Price: $0.317140 (as of 6:20 a.m. CT on 9 June […]

IOG Responds to SEC’s Claim That Cardano (ADA) Is a Security Amid Binance and Coinbase Lawsuits

In the wake of the U.S. Securities and Exchange Commission (SEC) recently charging Binance and Coinbase with securities laws violations, Input Output (IOG), the firm behind much of Cardano’s research and development, has issued a statement refuting the SEC’s characterization of Cardano’s native token, ADA, as an unregistered security. On June 5, 2023, the U.S. […]

Cardano (ADA) Price Watch: Daily Technical Analysis (ADA-USD) for 8 June 2023

Introduction In this daily technical analysis report, we will examine key indicators and interpret their values to provide insights into Cardano’s potential price targets. Current Price: $0.326434 (as of 10:01 a.m. UTC on 8 June 2023) Technical Indicators Being Used Moving averages help identify trends by smoothing out price fluctuations. The 5-day moving average ($0.346010) […]

Robinhood Rethinks $ADA, $SOL, and Other Crypto Offerings Amid SEC Crackdown

Popular commission-free trading platform Robinhood is rethinking its support for multiple cryptocurrencies, according to the firm’s Chief Legal Officer Dan Gallagher, in light of the U.S. Securities and Exchange Commission’s (SEC) crackdown on crypto exchanges. The SEC has recently filed a lawsuit against the Nasdaq-listed cryptocurrency exchange Coinbase, a day after filing a lawsuit against […]

AI-Powered Crypto Scams Threaten to Drain Millions in Cardano (ADA), Warns Charles Hoskinson

Charles Hoskinson, the creator of Cardano (ADA), has issued a stark warning about the potential rise in cryptocurrency scams driven by generative artificial intelligence (AI). He anticipates that these scams could result in the loss of millions of dollars worth of ADA within the next year, according to a recent report by The Daily Hodl. […]

Cardano (ADA) Price Analysis – June 7, 2023

Current Date/Time Stamp and Price: June 7, 2023, 11:30 AM UTC $0.3385 Technical Analysis Indicators: RSI (4h): 23.91 RSI (1D): 34.81 20-day SMA: $0.365784 50-day SMA: $0.383688 100-day SMA: $0.374340 200-day SMA: 0.369109 YTD SMA: $0.366488 Overall Outlook: The short-term outlook for ADA is positive. The RSI is in oversold territory, and the MACD is […]

XRP, ADA and SHIB Are Among Potential Undervalued Cryptos, Santiment Analysis Shows

A recent analysis has suggested that several major altcoins, including $XRP, Cardano’s $ADA, and the meme-inspired cryptocurrency Shiba Inu ($SHIB) are potentially undervalued, which would signal an opportunity for a recovery over the summer. According to analysis conducted by the popular cryptocurrency analytics firm Santiment, these three popular cryptocurrencies could be undervalued, based on their […]

Charles Hoskinson’s Expansive Vision: From Cardano to Woolly Mammoths and Beyond

In a recent video update, Charles Hoskinson, Co-founder and CEO of IOG, delved into various topics, including his personal interests, conferences, AMAs, interviews, and diverse business ventures. Hoskinson’s portfolio is as diverse as it is intriguing, from owning a synthetic biology company to investing in ventures like Colossal, a firm focused on bringing back the […]

Cardano: Milkomeda Developer dcSpark’s Vision to Make It the Prime Hub for Innovation Capital

In a recent Twitter thread, Sebastien Guillemot, Co-Founder and CTO at blockchain company dcSpark announced an ambitious plan to transform Cardano into the prime platform for raising capital for innovation. Guillemot’s announcement introduces the Milkomeda Asset Consolidator, a tool designed to streamline the process of raising funds across multiple chains. According to Guillemot, a former […]

IOG Continue Blistering Place of Cardano (ADA) Development Work

In the latest development update from IOG, Essential Cardano announced a series of advancements in the Cardano ecosystem. The most notable is the Marlowe smart contracts platform launch on the Cardano mainnet. Marlowe is designed to simplify creating, testing, and deploying secure smart contracts on the Cardano blockchain. It offers a suite of open-source tools […]

Cardano’s Commercial Arm EMURGO Breaks Down CIP-1694: A Bullish Future for ADA Holders?

In an article published earlier today, EMURGO, the official commercial arm of Cardano, offered an in-depth analysis of the Cardano Improvement Proposal (CIP) 1694, shedding light on its potential implications for Cardano ADA holders. EMURGO’s detailed breakdown provides a comprehensive understanding of CIP-1694 and its potential impact on the Cardano ecosystem. According to EMURGO, Cardano, […]

Cardano-based Decentralized Exchange Minswap Hits New All-Time High Daily Trading Volume

Minswap, a decentralized exchange (DEX) operating on the Cardano ($ADA) blockchain has recently experienced a record-breaking day of trading volume, reaching an all-time high volume of 54.98 million ADA, equivalent to approximately $20.93 million. The volume, according to the cryptocurrency exchange, accounted for a little over 90% of all the trading volume among decentralized exchanges […]

Over 70% of Cardano ($ADA) Addresses Are Sitting on Losses, Despite DeFi Growth

A significant 71% of all Cardano (ADA) addresses, or around 3.12 million, are currently underwater on their holdings in the smart contract platform’s native token, meaning the value they acquired the tokens for is above current market prices. According to data from blockchain market intelligence firm IntoTheBlock, with Cardano trading at around $.0379 per token, […]

Marlowe Unleashed: A New Era for Smart Contracts on Cardano (ADA)

Marlowe, a domain-specific language (DSL) designed for the Cardano (ADA) blockchain, is set to revolutionize the creation and execution of smart contracts. This high-level language, designed to be user-friendly and approachable, is aimed at making financial contracts and agreements accessible to individuals, regardless of their programming background. Earlier today, IOG announced that Marlowe had been […]

Cardano’s Evolution: IOG CEO Hoskinson Unveils Future Plans and Progress

In a recent in-depth video update, Charles Hoskinson, the Co-Founder and CEO of IO Global (IOG), shared a comprehensive overview of Cardano’s ongoing development and future roadmap. Cardano, a leading blockchain platform for smart contracts, continues to make significant strides in its evolution, as outlined by Hoskinson. A key focus of Hoskinson’s update was the […]

ADA: Blockchain Educator Unveils Unexpected Insights on Cardano’s L2 Scaling Solution Hydra

In a recent Twitter thread, blockchain educator Tobias Ilskov offered a comprehensive update on Hydra, Cardano’s Layer 2 scaling solution. Ilskov’s insights, coupled with a detailed explanation of Hydra by Matthias Benkort, Technical Director of Open Source Development at Cardano Foundation, provide a clearer understanding of Hydra’s current status and future prospects. Benkort describes Hydra […]

ADA: Cardano Founder Talks About the Hoskinson Health & Wellness Clinic

In a recent development in the healthcare sector, the Hoskinson Health & Wellness Clinic celebrated its grand opening in Gillette, Wyoming. The event, which took place on May 13, 2023, was marked by a passionate speech from IOG Co-Founder and CEO Charles Hoskinson, who is one of the clinic’s founders. Hoskinson emphasized the need for […]

Cardano’s TVL Reaches New All-Time High of Over 446 Million ADA

Cardano, a blockchain platform known for its innovative approach and peer-reviewed scientific research, has recently hit a significant milestone. The Total Value Locked (TVL) in Cardano’s DeFi ecosystem has soared to over 446 million ADA, marking a new all-time high, according to data from DeFiLlama. This surge in TVL is a testament to the growing […]

IOG Explains Why Cardano (ADA) Earns ‘The Green Blockchain’ Title

Input Output Global (IOG), the technology firm spearheading the research and development of Cardano, has offered an explanation as to why Cardano is frequently referred to as “the green blockchain.” According to IOG, this moniker is attributed to two primary factors: a significantly reduced energy footprint and a unique staking mechanism, as outlined in a […]

Crypto Capital Venture Founder Dan Gambardello on Cardano’s Hydra Launch and Potential for Unprecedented Growth

Crypto influencer Dan Gambardello, founder of Crypto Capital Venture, recently shared his thoughts on Cardano’s latest development, the launch of Hydra on its mainnet, and its potential to drive unprecedented growth. Gambardello’s views, while optimistic, are his personal opinions and not financial advice. In a recent video, Gambardello highlighted the significance of Hydra, a Layer […]

ADA: Crypto Influencer Ben Armstrong Predicts Cardnao’s Path to Making Millionaires

Crypto influencer Ben Armstrong, also known as “BitBoy Crypto,” recently shared his thoughts on the potential of Cardano’s ADA to create millionaires in the next bull run. Armstrong’s predictions, while optimistic, should be taken as his personal views and not financial advice. Armstrong highlighted Cardano’s unique position in the crypto space. The decentralized blockchain project, […]

$SNEK: The Memecoin That’s Slithering Its Way to the Top of the Cardano Ecosystem

Snek (SNEK) is a relatively new memecoin on the Cardano blockchain that has gained considerable attention in the community. The coin was founded by a prominent member of the Cardano community, known as $goofycrisp, as reported by the Cardano Times. In the initial presale, which took place from 11 P.M. EST on April 27th to […]

$ADA: Memecoin $SNEK Surges 200% in a Week as Cardano’s Transaction Volume Rises

In a dramatic surge over the past week, the price of $SNEK, a meme coin rooted in the Cardano ($ADA) ecosystem, has escalated by more than 200% in a leap that took place predominantly over the weekend, a time generally characterized by reduced trading volume. SNEK is, at the time of writing, trading at $0.00038 […]

Cardano’s Transaction Volume Surged 205% Year-to-Date Amid Whale Accumulation

The smart contract platform Cardano ($ADA) has seen significant growth in its transaction volume so far this year, as the network keeps on growing amid what appears to be a resurgent wave of investor interest. In a newly published analysis by data analytics firm IntoTheBlock, Cardano was recognized for its robust on-chain performance in recent […]

Cardano’s DeFi Ecosystem Hits 400 Million $ADA in TVL as Minswap Leads the Way

The total value locked on Cardano’s decentralized finance (DeFi) ecosystem has reached a new milestone after surpassing the 400 million $ADA milestone for a brief period, to now stand at around 399 million ADA. According to data from DeFi tracking and analytics service DeFiLlama, the total value locked on Cardano, represented in U.S. dollars, is […]

Cardano Marches On: IOG Fuels Steady Growth with Significant Upgrades

Input Output Global (IOG) advances Cardano’s tech with substantial enhancements, reflecting the platform’s consistent progress. In the latest developments from the world of Cardano, IOG, the driving force behind Cardano’s R&D, has announced significant improvements to the platform in its latest weekly development report. In the core technology arena, IOG’s networking team worked on optimizing […]

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