Cardano

The Cardano market recovery has failed to bring relief to a large number of ADA holders who are still nursing losses. Data from IntoTheBlock paints a grim picture, showing that Cardano is the worst performer in terms of profitability among the top 10 largest cryptocurrencies by market cap. This has left holders and long-term believers
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Dalmas is a seasoned crypto reporter with a specialization in NFTs, blockchain, DeFi, and blockchain news. His background in mechanical engineering and journalism has allowed him to craft over 10,000 news and feature articles over the past eight years. His diverse range of topics reflects his comprehensive understanding of the crypto landscape. Dalmas’s technical expertise
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Cardano (ADA) has experienced a significant decline in developer interest and activity recently. According to DeFi Llama, the number of monthly developer commits has dropped from 3,380 in May to 3,300 in June, and currently stands at less than 2,000 this month. This indicates a lack of enthusiasm and innovation within the Cardano ecosystem, leading
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Cardano (ADA) has experienced an impressive 20.29% surge in price over the past seven days, aligning with the current positive momentum in the overall cryptocurrency market. This surge has been accompanied by a significant increase in trading volume, allowing ADA to outperform many other major cryptocurrencies with large market capitalizations. The primary reason behind ADA’s
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The Cardano blockchain has been relatively quiet since the beginning of July, alongside an ADA price consolidation. As per on-chain transaction data, Cardano whales have also been relatively quiet since the last week of June. Daily whale inflows have steadied under 5 million ADA since the beginning of the month, save for a recent spike
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Cardano (ADA) has recently experienced a significant 3.4% price increase in the past 24 hours, signaling a potential bullish reversal. This surge comes at a time when the broader cryptocurrency market is also showing signs of recovery, with Bitcoin and Ethereum seeing slight gains of 2.5% and 2.2% respectively. Technical analysis suggests that Cardano has
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Samuel Edyme, popularly known as HIM-buktu, is a multi-talented individual with a diverse skill set. His career as a web3 content writer, journalist, and trader has shaped him into a unique individual in the crypto space. With experience writing for various industry giants such as AMBCrypto and Blockchain.News, Edyme has made a name for himself
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A recent analysis by a crypto expert has brought to light a promising technical pattern in the Cardano price movements. This pattern suggests the possibility of a substantial rebound in the near future. This positive outlook has been further supported by another analyst who believes that Cardano may have already hit its lowest point and
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The recent distributed denial of service (DDoS) attack on the Cardano network showcased the network’s resilience in the face of malicious activities. Despite the attack, Cardano’s mechanisms and decentralized structure effectively mitigated the disruption, ensuring uninterrupted stability and operation. This demonstration of resilience has garnered praise from bullish investors and renewed confidence in the price
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The world of cryptocurrency and blockchain technology is a rapidly evolving landscape that requires clear and concise explanation for readers from all walks of life. One such prominent figure in the industry is Scott Matherson, a crypto writer at NewsBTC known for his ability to capture the pulse of the market with precision. Scott’s dedication
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Market traders have noted a recent trend in heavy shorting of Cardano (ADA) and XRP, two cryptocurrencies that have been struggling to gain bullish momentum. The on-chain analytics platform Santiment highlighted this factor in a recent X post, suggesting that the increased short positions on these tokens could actually serve as “rocket fuel” for their
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