Cardano Price Retests Key Resistance as DeFi TVL Hits Record
July 4 (Cointime) - Cardano's price has been stagnant at $0.2972 for a while, despite other coins surging. This is due to the recent SEC decision to label it a security, causing Robinhood to delist the coin.
Cardano's DeFi Total Value Locked Reaches All-Time High
July 4 (Cointime) - One way to measure the health of a blockchain network is by looking at the state of its Decentralized Finance (DeFi) ecosystem, specifically the Total Value Locked (TVL). Despite some price volatility, Cardano (ADA) has seen a subtle but notable growth in its DeFi TVL, reaching an All-Time High (ATH) of 557.62 million ADA coins locked on associated DApps.
Cardano's On-Chain Transaction Volume in Profit Spikes, but Price Rally Unlikely
July 4 (Cointime) - Cardano's on-chain transaction volume in profit has been higher than in loss in recent weeks, according to data from Santiment. However, this does not necessarily indicate a price rally as the altcoin has seen a decline in value by 22% over the last 30 days.
NMKR Announces Support for Gaming Conference and NFT Creation on Cardano Blockchain
July 4 (Cointime) - NMKR, a provider of NFT creation, minting, and trading infrastructure on the Cardano blockchain, has announced its support for the upcoming gaming and eSport conference in Salzburg. The conference will release the LEVEL UP Citizen Pass on the Cardano blockchain, which offers many benefits to its holders.
Vodafone Partners with Cardano to Launch NFT Collection, Signaling Mass Adoption
July 4 (Cointime) - Vodafone has partnered with Cardano to release an NFT collection, which is a significant step towards mass adoption. The collaboration showcases Cardano's capabilities and attracts more organizations to its network.
Cardano Founder Charles Hoskinson Announces Temporary Departure From Twitter Due to Twitter’s Decision To Impose Reading Restrictions
July 3 (Cointime) -Cardano founder Charles Hoskinson announced on Twitter that he is temporarily leaving the social media platform due to controversy over Twitter's decision to impose reading restrictions on users.
Cardano's Recovery Stalls at $0.3 Hurdle Again Amidst Fluctuating Funding Rates and SEC Labeling Weighing Over Price Performance
July 2 (Cointime) - The writer's opinion is presented and it is not financial, investment, trading, or other types of advice. Cardano's recovery has been halted at the $0.3 hurdle and the US SEC labeling it as a security is still impacting its price performance.
Cardano Founder Takes Break From Twitter Amid 'Rate Limit' Mayhem
July 2 (Cointime) -Cardano founder Charles Hoskinson announced on Twitter that he would be taking a short hiatus from the social media platform. This comes amid the ongoing rate limit controversy sparked by Twitter's decision to impose reading limits on users. Twitter, under the leadership of CEO Elon Musk, implemented these restrictions as a measure against "extreme levels" of data scraping and system manipulation.
Cardano's Voltaire Era: How Cardanians Will Vote with CIP-1694 Protocol Governance
June 30 (Cointime) - Cardano enthusiasts are preparing for the final phase of the blockchain's decentralization with the implementation of Voltaire. The protocol governance scheme for Voltaire, which includes an innovative on-chain governance mechanism, has been shared by Input Output Global (IOG), the development entity behind Cardano.
Revolut to Delist Cardano, Polygon and Solana in the US Amid Regulatory Developments
June 30 (Cointime) - Revolut, a cryptocurrency-friendly neobank, will delist Cardano (ADA), Polygon (MATIC), and Solana (SOL) from its platform in the United States in September due to changing laws and regulations around cryptocurrency in the country. Revolut notified its U.S. customers about the change on June 29, stating that buying these tokens is immediately closed for all customers.
XRP, ADA, and ALGO Investors May Join Coinbase's Defense in SEC Lawsuit, Says XRP-Friendly Lawyer
June 29 (Cointime) - XRP, ADA, and ALGO investors may come to the defense of Coinbase, as suggested by XRP-friendly lawyer John E. Deaton. Coinbase has filed a motion to dismiss the SEC lawsuit against it, using the Major Questions Doctrine, which Deaton believes is a strong legal argument.
Cardano Retraces Gains, Open Interest Slumps, and BTC Dominance Rises: Short-Term Bearish Sentiment Prevails
June 29 (Cointime) - The writer's opinion is presented and it is not financial advice. The Open Interest of Cardano has decreased, indicating bearish sentiment. Despite a recent dip, ADA bulls may attempt to push prices higher after a nearby bullish order block. Bitcoin dominance has been trending higher since mid-June, causing the altcoin market to lag behind.
Cardano Witnesses Real Adoption Despite Harsh Conditions as ADA TVL Sees 148% Growth This Year Alone
June 28 (Cointime) - Cardano founder Charles Hoskinson has highlighted the growing adoption of the Cardano ecosystem despite unfavorable conditions in the crypto industry. He emphasized that Cardano is expanding in a completely decentralized manner, similar to Bitcoin's explosive growth.
Cardano Founder Charles Hoskinson Counters FUD with Facts, Highlights Real Adoption and Decentralization
June 28 (Cointime) - Cardano founder Charles Hoskinson is pushing back against critics spreading fear, uncertainty and doubt (FUD) about the blockchain. Responding to claims that Cardano DeFi has no total value locked (TVL) and institutions are not interested in the protocol, Hoskinson urged the community to look for positive signals and emphasized that Cardano is gaining real adoption and growing in a completely decentralized way.
Cardano Founder Claims ADA Ecosystem is Growing Despite Crypto Market Uncertainty
June 28 (Cointime) - The recent SEC attack on major crypto exchanges, Binance and Coinbase, caused a decline in top crypto prices, including Cardano (ADA). Despite this, Cardano's founder, Charles Hoskinson, believes that the ADA ecosystem is growing amidst market uncertainty.
Cardano Price Dangles on Edge of Cliff Amid SEC Crackdown and Robinhood Delisting
June 28 (Cointime) - The price of Cardano has been affected by the recent crackdown on the crypto market by the US Securities and Exchange Commission, with ADA being among the 64 cryptocurrencies alleged to be securities. This has caused instability in the market, with Cardano's price falling from highs above $0.45 to $0.22 on June 10.
Cardano's Resilience in Bear Market Outpaces Previous Cycle, Says CEO of ITC Crypto
June 27 (Cointime) - Benjamin Cowen, CEO and founder of ITC Crypto, has highlighted Cardano (ADA) for its performance during the current bear market. Cowen's analysis shows that Cardano's resilience in the current bear market is outpacing its performance during the 2018-2020 bearish phase.
Robinhood to Delist Cardano (ADA) and Solana (SOL) as SEC Lawsuits Name Tokens as Securities
June 27 (Cointime) - Cardano (ADA) and Solana (SOL) experienced a greater decline than the overall cryptocurrency market on Tuesday, ahead of their delisting from trading app Robinhood at 6:59 p.m. ET. Robinhood had previously announced that it would stop supporting ADA, SOL and MATIC on June 27, following the Securities and Exchange Commission's (SEC) lawsuits against Binance and Coinbase.
Cardano Community Concerned About Potential Massive Sell-Off of ADA by Robinhood and Celsius
June 27 (Cointime) - The Cardano community is currently discussing the potential for a large sell-off of ADA by major platforms such as Robinhood and Celsius, which has raised concerns about a significant dump.
Binance Futures Will List Coin-Margined Quarterly 1229 Futures Contracts
June 27 (Cointime) -Binance Futures will list BTC, ETH, BNB, ADA, LINK, BCH, XRP, DOT, and LTC Coin-Margined Quarterly 1229 Contracts within a few hours after Coin-Margined Quarterly 0630 Contracts expire and settle at 2023-06-30 08:00 (UTC).
