TL;DR Two of the three mentioned altcoins posted double-digit price surges over the past day, but one analyst set even higher targets for the short term. XRP, which is up by a more modest 7.5% daily, could see another 20% increase, which could drive it to $2.7. What’s In Store for XRP? $XRP appears to […]
After five weeks of continuous outflows, digital asset investment products saw a turnaround last week, attracting $644 million in inflows. This pushed total assets under management up by 6.3% from their March 10 low. The reversal was further validated by daily inflows throughout the week, breaking a 17-day streak of outflows. According to the latest […]
TL;DR Although both ADA and XRP are down on a weekly scale, their performance could reverse in the short term, as suggested by a popular metric that has flashed a buy signal. Interestingly, the projects behind both assets have been linked in the past and are expected to announce a joint venture soon. The metric […]
Cardano (ADA) saw its price surge by 126% in Q4 2024, while its market capitalization grew to $30.3 billion. This price jump triggered ADA’s circulating market cap rank from 11th to 9th. The increases in both price and market cap aligned with the US election in November and the broader rally of cryptocurrencies. As such, […]
On Feb. 10, crypto asset manager Grayscale officially filed for a Cardano exchange-traded fund with the New York Stock Exchange, expanding its push into regulated crypto investments. The firm has never previously offered a standalone investment vehicle for ADA despite making past moves to do so. Asset managers have been emboldened by President Donald Trump’s […]
Cardano is consolidating within a critical price range, signaling a phase of market indecision. However, a substantial support zone at lower levels offers the potential for a bullish rebound, especially if a breakout materializes in the coming sessions. Technical Analysis By Shayan The Daily Chart Cardano recently encountered significant selling pressure near the $1.3 resistance, […]
Cardano is navigating a pivotal price range, bounded by the $0.75 and $1.3 thresholds, with its recent price action underscoring a successful pullback to the previously breached $0.75 support. The outcome of a breakout from this range will likely set the tone for its next significant market direction. Technical Analysis By Shayan The Daily Chart […]
TL:DR; Cardano’s native token continues to see a lot of demand from whales, with another massive accumulation over the past day or so. These big purchases could lead to price increases for the underlying asset, which is predicted to continue its run and hit $1.5 next. ADA’s Current Run The so-called ‘Trump Pump’ initially missed […]
Cardano (ADA) has remained in the top 10 cryptocurrencies by market cap despite a brief slowdown this week. Over the past day alone, ADA gained over 7%, depicting its revival with the onset of the bull market. Furthermore, a crucial on-chain metric has reached heights last seen over two years ago, further validating the bullish […]
TL;DR ADA whales have been on a buying spree lately, signaling potential price surges in the short term. Rising network growth and a 7% increase in large transactions support ADA’s rally, with 66% of investors now in profit compared to 87.6% being in the red just months ago. How High Can ADA Go? Cardano’s ADA […]