Bitcoin millionaire Arthur Hayes has recently taken aim at the Cardano (ADA) network, calling it a “wannabe Ethereum” and questioning its relevance in the crypto industry. Hayes, known for his role as a founder and former CEO of the BitMex crypto exchange, expressed his strong dislike for Cardano in a recent interview with Coin Bureau.
Cardano
Cardano (ADA) has recently broken the $0.61 barrier, signaling a potential bullish trend in the crypto market. A unique trend in derivatives market trends suggests that more bullish action could follow. As of Jan. 25, ADA’s open interest stood at $217.1 million. However, in a surprising turn of events, it has increased by an additional
Cardano (ADA) has demonstrated remarkable progress and growth during the fourth quarter (Q4) of 2023, surpassing its competitors in key metrics, according to a recent Messari report. This article will provide a comprehensive analysis of Cardano’s performance during this period, examining various metrics that highlight its growth and highlighting the impact these achievements have had
In a recent interview with Discovery Crypto, Charles Hoskinson, co-founder of Cardano, shared his insights on the state of the crypto space and the future of the network. Cardano is often regarded as the “Taylor Swift of Blockchains,” symbolizing its potential for widespread recognition and impact. Despite its growing prominence, there seems to be a
Cardano, a popular cryptocurrency, has seen a modest 3.76% gain in the past seven days, indicating a positive trend in its short-term price trajectory. On-chain data reveals a surge in buy orders, creating a significant bid-ask volume imbalance in favor of the bulls. This imbalance, along with the increasing activity on the Cardano blockchain, presents
As the Cardano price continues its upward trajectory, another emerging green crypto project called eTukTuk has captured the attention of investors. With its focus on sustainable transportation and blockchain technology, eTukTuk aims to revolutionize urban transportation in developing nations. This article explores the potential of eTukTuk and its impact on the crypto market. The Cardano
As the cryptocurrency market continues to evolve and gain traction, investors and analysts are constantly on the lookout for the next big opportunity. In this regard, Dan Gambardello, the founder of Crypto Capital Venture, has presented a bullish case for Cardano (ADA) in the upcoming bull run. Based on his analysis, Gambardello believes that ADA
Tom Dunleavy, Partner and Chief Investment Officer (CIO) at MV Capital, recently shared his insights on the future price of Bitcoin and Cardano. Dunleavy believes that Bitcoin will hit $100,000 in the near future. In an interview with Scott Melker, he attributed this prediction to the Bitcoin Halving event. According to Dunleavy, historical data shows
Cardano (ADA), despite its price stagnation, has been witnessing significant growth in activity on its blockchain. The increasing transaction volumes and the rising number of wallet addresses indicate a growing interest and adoption of the Cardano network. As a result, industry experts are analyzing the potential price surge that Cardano can experience in the near
The recent price action of ADA suggests a strong level of support at $0.488, with lackluster performance over the past month. However, crypto analyst Ali Martinez believes that Cardano’s current price movement resembles that of late 2020 before ADA experienced a massive bull run. This historical repetition of price behavior provides analysts with insight into
