Cardano (ADA) surged 13.22% in 24 hours following the van Rossem hard fork, an intra-era upgrade improving performance and governance. The upgrade, combined with a broader crypto market rebound and Bitcoin rising above $62,000, provided a short-term boost. However, technical analysis shows a bearish price structure remains, with key resistance around $0.19 needing to be broken for a bullish reversal. Traders see the current rally as overextended and suggest selling unless ADA closes above $0.19 on a 4-hour chart.
Cardano is preparing to launch its Protocol Version 11 upgrade, called the "van Rossem" hard fork, which aims to introduce cheaper smart contracts and enhanced cryptography. Major exchanges like Binance and Coinbase have confirmed their readiness, an...
Cardano's price has surged over 15% in the past week, now trading above $0.16, driven by significant accumulation from large holders and the launch of ADA Pay, a plugin enabling over 7 million merchants worldwide to accept ADA payments. Market indica...
Bitcoin is trading around $61,697 with a modest 2.7% move, while Ethereum has surged 6.4% to $1,717. The total crypto market cap stands at $2.22 trillion, with Bitcoin dominance at 55.7%, indicating cautious capital rotation between Bitcoin and altco...
Solana's staked market capitalization rose sharply by 13.78% to $32.87 billion, reinforcing its position as the second-largest staking network after Ethereum, which remains the largest with $64.14 billion but saw a slight decline. This growth highlig...
Crypto markets experienced $359 million in forced liquidations mainly in Bitcoin and Ethereum, despite only modest price drops of about 1.4% for BTC and 1.1% for ETH. This indicates that leveraged derivatives, not spot selling, absorbed most of the s...
