Cardano experienced a significant 899% liquidation imbalance, with $585,580 liquidated in 24 hours due to a 9:1 leverage wipeout, while short liquidations were $65,090. The price dropped 1.08% in the last day and 4.20% over the week, reflecting profit-taking by large holders and weakening momentum signals. Despite these bearish signs, momentum indicators like the RSI remain positive, suggesting a possible bear trap where short sellers could be caught off guard if prices rebound. This situation is unfolding as the broader crypto market reacts to recent inflation data and anticipates upcoming economic reports.
Cardano (ADA) is currently forming a critical 5-wave advance pattern from its August 31 lows, with the next major move potentially pushing the price to $0.28 if it holds support between $0.197 and $0.214. This Elliott Wave analysis suggests the third...
Cardano's ADA has risen over 8% this month, driven by the integration of the x402 codebase, enabling AI-powered payments on its network. This positions Cardano alongside leaders like Solana in blockchain payment innovation. Additionally, Cardano's up...
Cardano founder Charles Hoskinson revealed that the project’s development pace has sharply increased due to the integration of artificial intelligence, privacy technologies, and agentic finance. At the Wyoming Blockchain Symposium, he highlighted how...
Charles Hoskinson, creator of Cardano, responded to critics demanding his removal by challenging them to explain how ADA could rise without him. The debate follows ADA's sharp price decline from its 2021 peak of $3.09 to around $0.2179, a drop of nea...
As of September 9, 2026, nine out of ten major cryptocurrencies are trading below their prices from exactly one year earlier, with Bitcoin down 29% and others like Ethereum and Cardano falling even more sharply. In Germany, this date marks the expira...
