Why Cardano (ADA) falls
Cardano ADA/USD is trading up 5.81% to $0.38 during Friday’s session. Several altcoins are trading lower in sympathy with the broader cryptocurrency sector following key US economic data. US Services PMI rose to 53.7 in April from 52.6 in March — above expectations of 51.5. See also: Bitcoin, Ethereum and Dogecoin fall after Hawish inflation […]
Cardano technical indicator signals a 44% price increase: analyst
Popular cryptocurrency analyst Ali Martinez has identified a technical indicator that suggests this Cardano ADA/USD could be on the cusp of a significant price increase. What happened: The analyst announced this to his 23,800 followers Twitter that ADA is on the verge of confirming a head and shoulders chart pattern after approaching a major technical […]
Cardano Co-Founder Blames FTX Saga for US Crypto Raid – Coinbase…
Charles Hoskinsonthe co-founder of Cardano ADA/USDon Monday shared his thoughts on why US regulators have cracked down on cryptocurrencies. What happened: According to Hoskinson, after the collapse of Sam Bankman Fried‘s FTX crypto exchange in November. “The FTX Collapse. The moment it happened, I knew the entire industry was going through a seriously tough time,” […]
Charles Hoskinson slams Coinbase for ignoring Cardano in latest…
Charles Hoskinsonfounder of Cardano ADA/USD and co-founder of ether ETH/USDis upset about it coinbases COIN latest report that doesn’t even mention ADA. What happened?: A recent report by Coinbase: “2023 Crypto Market Outlook” presents three key themes likely to prevail in 2023 and updates on them Bitcoin BTC/USD, ether, regulationand more. Hoskinson tweeted his disappointment […]
Cardano stablecoin project shut down due to ‘funding, schedule’
ardanaa DeFi and stablecoin ecosystem built on top of it Cardano ADA/USDhalted development Thursday, citing “uncertainty about funding and project timeline.” What happened: Ardana Laboratories said it will keep the project open-source for builders, while “treasury balances and remaining funds will be held until another competent community development team takes over our work.” Hello […]
World’s top banks have 0.01% exposure to cryptos: report – Cardano…
Hold the top banks in the world crypto assets valued at approximately $9 billion, according to on a report by the Basel Committee. Nineteen of the world’s largest financial institutions participated in the study. Seven of the banks were from Europe, ten from America and two from the rest of the world. The 19 banks […]