In Brief Cardano names Giorgio Zinetti as new CTO. Zinetti to enhance Cardano’s blockchain tech. Focus on open-source and enterprise solutions. The Cardano Foundation, headquartered in Zug, Switzerland, and responsible for the cryptocurrency ADA, has announced the appointment of Giorgio Zinetti as its Chief Technology Officer (CTO). This initiative highlights the Foundation’s dedication to steering…
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In Brief Forbes labels Ripple, Cardano, Fantom as “zombie tokens” with high speculation. Ripple fails to meet banking revolution goals, shows minimal transaction fees. Cardano and Fantom lack real-world applications despite high market valuations. In a recent Forbes exposé, cryptocurrencies like Ripple (XRP), Cardano (ADA), and Fantom (FTM) have been highlighted as “zombie tokens.” These command multi-billion…
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In Brief Cardano’s price is currently in a descending/falling wedge, and a breakout hints at a 24% rise. Mean Coin Age has grown by 2.4% in the last two weeks, which shows conviction is much stronger than the whole of Q1. Given only 50% of the supply is in profit, ADA has room for upside…
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In Brief Cardano’s Treasury has amassed 1.5 billion ADA tokens valued at approximately $720 million. Observers explained that the growing Treasury reserves reflects tightened network activity. ADA’s price is on the cusp of a notable break-out, market analysts note, citing historical data. Cardano’s Treasury has hoarded 1.5 billion ADA tokens, worth over $720 million, which…
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In Brief Whales took advantage of the last dip to accumulate ADA, but this accumulation has stabilized over the past week. The number of short-term traders holding ADA is declining, potentially leading to reduced price volatility. EMA lines are indicating a consolidation pattern, yet there’s a potential for a golden cross to emerge shortly. Whales…
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In Brief Chainlink, Cardano, and Polkadot lead in development and community engagement. Significant increases in social activity and project contributions noted for these cryptos. Technical analysts remain optimistic about future price potential growth of these altcoins. Several altcoins have emerged as front-runners in terms of development and community engagement. According to recent blockchain analytics by…
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In Brief Charles Hoskinson has acknowledged ongoing investigations into a glitch affecting Nami wallet users. To address the issue, the Nami team has disabled ADAHandles temporarily until a solution is deployed. Despite the setback, ADA’s network activity has seen significant growth coinciding with a bullish trend. Cardano’s founder, Charles Hoskinson, has addressed ongoing investigations into…
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In Brief The SUI blockchain’s TVL has soared to $593 million, eclipsing Cardano, which is driven by a $310 million influx over the past month. SUI’s native token has mirrored the blockchain’s TVL, witnessing a 131% increase, highlighting rapid adoption and technological trust. Despite the surge, analysts like Trader XO and Adrian Zduńczyk have expressed…
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To sum things up The Cardano (ADA) cost has made nine bullish week after week candles in ten weeks, moving beyond a drawn out range. The daily wave count and the Relative Strength Index (RSI) are bearish, indicating that the short-term decline will continue. In spite of the negative transient ADA cost forecast, shutting over…
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In a nutshell The Cardano (ADA) cost has expanded quickly since October. It broke out from two long haul even protections. While the week by week time span Relative Strength List (RSI) and cost activity are bullish, the everyday wave count is negative. Regardless of the negative momentary ADA cost forecast, an everyday close above…
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