Cardano (ADA) price fell about 4.7% to near $0.1885 on August 11 after Grayscale withdrew its Cardano ETF registration, citing no plans to distribute shares. This withdrawal came just before Cardano futures on CME completed six months of trading, meeting one SEC generic listing criterion for commodity-based ETFs, though this does not guarantee ETF approval. Technical analysis shows bearish signals for ADA, with potential declines toward $0.17 if current trends continue. Despite market weakness, Cardano's network development progresses with a recent hard fork upgrade. The key near-term price level to watch is $0.20, with recovery above it possibly easing downside pressure. The next regulatory step is whether Grayscale or another issuer will file a new ADA ETF registration following the futures milestone.
Cardano (ADA) is currently testing a critical resistance zone near $0.25, which previously acted as support but now may block further gains. The price has been moving within a bear flag pattern, a bearish continuation signal, and rejection at this re...
Cardano has been integrated into the x402 software kit, allowing developers to build apps and AI agents that can pay for online services using ADA or Cardano-issued tokens. The x402 standard automates pay-per-use transactions within internet requests...
Cardano (ADA) price climbed over 7% to around $0.244, surpassing its 200-day average near $0.239, signaling a potential longer-term recovery. The recent rally pushed ADA past a key resistance level it struggled with before, with buying activity incre...
Cardano is enhancing its payment infrastructure by integrating Coinbase's x402 payment standard and joining Mastercard's crypto partner program. This move comes as U.S. crypto legislation, specifically the Clarity Act, failed to pass a Senate vote, d...
Cardano has been integrated into the x402 SDK, allowing AI applications and agents to make web payments using ADA and Cardano Native Tokens directly via web requests. This integration removes the need for traditional payment steps like account creati...
