Cardano (ADA) experienced a sharp increase in liquidations, rising 1,085% as its price dropped to around $0.20 due to ongoing selling pressure and bearish market sentiment. Approximately $2.06 million in ADA positions were liquidated in 24 hours, mostly from long positions. This decline coincides with broader financial market pressure driven by renewed inflation concerns and expectations of Federal Reserve interest rate hikes. Despite the price drop, Cardano's ecosystem development continues, with upgrades like the Dijkstra feature and new releases progressing as planned.
Cryptocurrency prices exhibit a range of changes, with Ethereum (ETH) rising over 7% and NEAR gaining more than 9%. Bitcoin (BTC) increased nearly 2%, while several altcoins like Binance Coin (BNB), Ripple (XRP), and Cardano (ADA) also posted gains. ...
Zcash (ZEC) dropped more than 10% to below $1,100 following hotter-than-expected US inflation data that sparked a broad crypto market selloff. The altcoin's market cap fell from over $20 billion to $18.5 billion, though it remains the 10th-largest di...
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...
