Here’s why Cardano (ADA) average transaction fees are up 1,500% in the past year

Data from Messari shows, over a year, average transaction fees on the Cardano network have increased from $0.03 to $0.47 – this represents a 1,466% increase. Source: messari.io Transaction fees are calculated in ADA at a mainly fixed or constant rate. Therefore, it’s expected that as the price of ADA increases, so do the transaction… Continue reading Here’s why Cardano (ADA) average transaction fees are up 1,500% in the past year

Here’s How Low Cardano, Litecoin, and Polkadot Could Drop, According to Crypto Strategist Justin Bennett

Crypto market analyst Justin Bennett is giving an update on his outlook for Cardano (ADA), Litecoin (LTC), and Polkadot (DOT). Bitcoin has been selling off gradually since topping out just under $53,000 in early September. Bennett expects lower altcoin prices in the short term as BTC looks for stability.   Starting with Cardano, the strategist… Continue reading Here’s How Low Cardano, Litecoin, and Polkadot Could Drop, According to Crypto Strategist Justin Bennett

Bitcoin near record high, dogecoin, cardano slip. Check cryptocurrency prices today

Bitcoin price today surged more than 3% to $63,901 after the first US bitcoin futures-based exchange-traded fund (ETF) began trading on Tuesday, sending bitcoin to a six-month high and just off its all-time peak. The world’s largest cryptocurrency by market capitalization has surged in recent weeks, fueled by speculation that a US launch could be… Continue reading Bitcoin near record high, dogecoin, cardano slip. Check cryptocurrency prices today

Cardano (ADA) Price Analysis: Bulls Facing Uphill Task

ADA price is struggling to clear the $2.18 and $2.20 resistance levels against the US Dollar. The price is now trading below $2.20 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $2.21 on the 4-hours chart (data feed via Bitfinex). The price might start a… Continue reading Cardano (ADA) Price Analysis: Bulls Facing Uphill Task

Why it is imperative for Cardano to gather strength right now

Cardano was approaching the next higher low within a symmetrical triangle and was dangerously close to a breakdown from the pattern. A move below $2.07 could spiral into some unwanted losses by opening a route to $1.83. This outlook was backed by the daily RSI, which was rejected at the mid-line after  a fourth breakout… Continue reading Why it is imperative for Cardano to gather strength right now

Why Cardano CEO slammed the US Treasury

According to Charles Hoskinson, the founder and CEO of Cardano, the United States Treasury is trying hard to shut down the crypto industry. Last week, during an event in Cape Town, South Africa, Hoskinson said that the Treasury is significantly limiting the growth of the cryptocurrency community.  Cardano Ada, the fourth largest cryptocurrency globally, has… Continue reading Why Cardano CEO slammed the US Treasury

Cardano price paints ‘death cross’ with ADA at two-month lows vs. Bitcoin By Cointelegraph

© Reuters. (ADA) has formed a deadly “death cross” on its daily chart against (BTC) — a market signal that’s generally seen as a warning of more downside in the near term. The ominously-titled indicator kicks in when an asset’s short-term moving average closes below its long-term moving average. In doing so, it calls for… Continue reading Cardano price paints ‘death cross’ with ADA at two-month lows vs. Bitcoin By Cointelegraph

Cardano left behind as bitcoin investment inflows soar

Bloomberg ETF analyst Eric Balchunas predicted that a second bitcoin futures contract-based ETF, the Valkyrie Bitcoin ETF, will likely launch later this week Cardano was left trailing in the wake of bitcoin as the Securities and Exchange Commission (SEC) approved the first bitcoin exchange-traded fund (ETF) earlier this week. Speculation had been mounting over the past… Continue reading Cardano left behind as bitcoin investment inflows soar

Cardano price to tread water soon, breaking below $2

Cardano price sees bears pushing price action further to the downside. ADA price has tested $2, but with lower highs, Cardano price is getting squeezed lower. The pivotal level at $1.89 could make or break the uptrend. Cardano (ADA) price has seen bulls attempting multiple times to break above $2.40. With a couple of failed… Continue reading Cardano price to tread water soon, breaking below $2

Cardano price paints ‘death cross’ with ADA at two-month lows vs. Bitcoin

Cardano (ADA) has formed a deadly “death cross” on its daily chart against Bitcoin (BTC) — a market signal that’s generally seen as a warning of more downside in the near term. The ominously-titled indicator kicks in when an asset’s short-term moving average closes below its long-term moving average. In doing so, it calls for… Continue reading Cardano price paints ‘death cross’ with ADA at two-month lows vs. Bitcoin

A Revolutionary GM for an Evolutionary Cardano Based DeFi

DeFi continues to show the world that the future of finance will forever change from its old and traditional form, developed by solving problems individuals and institutions face with mainstream banks. ADALend continues the string of innovations in DeFi under the guidance of its GM. Javed Khattak, A qualified actuary (FIA), an award-winning C-suite executive,… Continue reading A Revolutionary GM for an Evolutionary Cardano Based DeFi

Cardano Can Reach $10 Says Crypto Capital Venture Founder By CoinQuora

Cardano Can Reach $10 Says Crypto Capital Venture Founder (ADA) can go up to $10 according to CCV Founder Dan Gambardello. Traders’ interest in the Cardano appears to be picking up. More long positions for ADA are seen on the Binance exchange. Crypto Capital Venture Founder Dan Gambardello has been supportive of Cardano (ADA) in… Continue reading Cardano Can Reach $10 Says Crypto Capital Venture Founder By CoinQuora

Bitcoin, Cardano, Polkadot Saw Steady Inflows, European Digital Asset Manager CoinShares Reports

James Butterfill, Investment Strategist at London-based CoinShares, a digital asset manager focused on expanding access to the cryptocurrency ecosystem while serving as a “trusted partner” for its clients, notes in a blog post published on Monday (October 18) that for the week ending October 15, $80 million of inflows were seen, and they “favored” Bitcoin… Continue reading Bitcoin, Cardano, Polkadot Saw Steady Inflows, European Digital Asset Manager CoinShares Reports

Cardano Stuck in a Negative Zone; ADA Could Breach Its $2 Support

Despite losing over 30% of its value from its all-time high of $3.05, Cardano is still holding on to its fourth position amongst the leading cryptocurrencies. This could plainly indicate a decreasing buying sentiment across all cryptocurrencies, except BTC, ETH, and BNB. At present, the market capitalization of ADA is almost $70 billion, with a… Continue reading Cardano Stuck in a Negative Zone; ADA Could Breach Its $2 Support