Cardano's ADA token slipped 0.15% intraday, trading around $0.2548 with steady volume above $215 million despite an 11.05% weekly decline. The price remains range-bound near a critical support zone between $0.249 and $0.257, reflecting a corrective phase rather than a full trend reversal. Buyers maintain a structural advantage as key moving averages support the price, but resistance near $0.2885 limits upward momentum. Market participants await confirmation of either a breakout above resistance or a deeper retracement, with downside risk if ADA falls below $0.249, potentially testing lower supports around $0.233 and $0.228.
Cardano (ADA) price fell 1.88% to $0.2520 despite a 106% surge in daily trading volume to $624.58 million, maintaining a $9.12 billion market cap. The cryptocurrency holds above key support within a descending triangle, with potential breakout target...
Cardano founder Charles Hoskinson announced a strategy to protect the network from quantum computing threats, highlighting it as a key test of blockchain governance. The Cardano community is currently voting on a quantum defense plan, with a formal r...
Cryptocurrency markets saw a general decline with Bitcoin priced at $77,381, down 1.29%. Other major coins like Ethereum, Binance Coin, and XRP also dropped between 1.8% and 2.2%. Dogecoin experienced a significant fall of nearly 6%, and Bitcoin Cash...
Charles Hoskinson, founder of Cardano, has publicly denied accusations that he participated in a campaign against XRP. The controversy reignited tensions between the Cardano and XRP communities, fueled by social media disputes. Hoskinson condemned th...
Cardano founder Charles Hoskinson warned that quantum computing poses a significant threat to cryptocurrency security, with over a 50% chance of impact before 2033. He explained that current cryptographic methods used by Bitcoin, Ethereum, and others...
