Cardano (ADA) trading volume soars by over 30%, gaining over $2 billion in 24 hours

1 min read

Cardano’s (ADA) market capitalization increased significantly, gaining over $2 billion in value during a 24-hour trading period. Cardano’s market capitalization has risen to $27.68 billion due to an increase accompanied by a 42% surge in trading volume. The network has reinforced its position as one of the leading cryptocurrencies, second only to Dogecoin (DOGE) in terms of returns. Furthermore, the increase has raised the total turnover for spot and derivatives

Cardano (ADA) introduces Plutus V3 engine, enhancing smart contract functionalities

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Cardano (ADA) Network has unveiled its Plutus V3 engine, aiming to revolutionize smart contract functionalities and drive developer innovation. The team said that the engine enhances performance and functionality on Cardano’s PoS network. This in fact enhances smart contract capabilities and driving interest among developers seeking advanced blockchain solutions. Furthermore, it is noted that it offers enhanced cryptographic capabilities, including optimal algorithm usage, Ethereum porting ability, and sidechain bridging. Besides,

Cardano (ADA) sees a substantial increase in the creation of new wallet addresses

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Cardano (ADA) has seen a significant increase in new wallets addresses, with the number of new ADA wallets per day rising from 1,700 on February 22 to over 3,210 by February 24. This comes as a result of increasing confidence and interest in Cardano’s potential. However, the daily creation of new wallets still falls short of the peak of around 5,410 on February 2, when the network experienced a record

The Cardano network witnesses over $10 billion in large transactions

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The Cardano network is seeing a significant increase in activity as ADA whales, prominent holders of Cardano’s native crypto, conduct large transactions. This surge has resulted in over $10 billion in large transactions, far exceeding Ethereum’s seven-day average of $5 billion for transactions of comparable size. The recent increase in Cardano whale activity is notable, particularly when compared to Ethereum, a major player in the cryptocurrency market. The $13 billion

Bitcoin Traders Lose Over $180 Million in 48 Hours Amid Price Fluctuations and Fake SEC Tweet

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While the crypto community awaits the decision on a Bitcoin Spot ETF, Bitcoin traders are caught in a whirlwind of uncertainty, resulting in losses exceeding $180 million in a matter of 48 hours. This wild ride is characterized by rapid price fluctuations and the impact of a deceptive tweet, shedding light on the market’s susceptibility to manipulation. On December 9th, a phony tweet from the SEC’s X account announced the

The founder of Cardano Remains Firm on XRP Criticism Despite Backlash

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Charles Hoskinson, the founder of Cardano, has upheld his critical stance on XRP, asserting that XRP lacks both partnership and technical value. This reaffirmation comes a year after his initial comments and follows persistent harassment from the XRP community spanning two years. When questioned about his viewpoint on XRP, Hoskinson highlighted the ongoing harassment and underscored the absence of technical parallels between Cardano and XRP as the basis for his

Cardano’s Charles Hoskinson Sounds Alarm on AI Scams Flooding YouTube

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Charles Hoskinson, the founder of Cardano, raised a red flag in a recent X (formerly Twitter) post about the increasing prevalence of AI-driven scams on YouTube. As artificial intelligence technology advances, Hoskinson sees a new frontier for fraudulent activities in the crypto space. He specifically pointed to a deep fake video on YouTube featuring himself promoting a fabricated ADA giveaway. Despite its initially convincing appearance, closer examination revealed the video

Cardano’s market cap increases by over $1 billion in 24 hours, reaching $15.5 billion

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Cardano’s native crypto, ADA, experienced a spectacular surge, with its market cap increasing by more than $1 billion in just 24 hours. The latest buying frenzy has propelled ADA to the eighth-largest cryptocurrency by valuation, cementing its position as a key player in the digital asset space. According to the most recent data, ADA’s overall market cap has risen to an impressive $15.5 billion, indicating a significant influx of capital

On-chain data reveals a significant increase in large Cardano (ADA) transactions

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According to a recent on-chain data analysis conducted by renowned crypto analyst Ali, there has been a significant increase in large transactions on the Cardano blockchain over the last three months. This surge in whale activity suggests an increase in institutional interest, which could pave the way for Cardano to reach new price levels. Ali’s analysis of transaction data reveals a consistent increase in ADA transfers exceeding $100,000 since August.

InQubeta (QUBE), Celestia (TIA), Solana (SOL), and Cardano (ADA) Emerge as Whales’ Favorites in Crypto Investments

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According to recent on-chain data, large-scale investors, known as “whales,” are actively engaging with promising crypto projects. Notable projects attracting attention include InQubeta (QUBE), Celestia (TIA), Solana (SOL), and Cardano (ADA), all of which present appealing options for long-term gains. QUBE (InQubeta): InQubeta stands out for its innovative approach to facilitating financial access for AI startups in the cryptocurrency space. InQubeta has captured whale interest, as evidenced by the success

GameStop Memes Surges Past Cardano and Polygon in Crypto Race

4 mins read

GameStop Memes (GSM) emerges as a sensational disruptor, redefining the essence of digital assets. This intriguing newcomer has taken the market by storm, raising an eye-popping $2 million in a mere 24 hours of its presale, a feat that sets it apart from established giants like Cardano and Polygon. As we delve into this fascinating crypto landscape, GameStop Memes (GSM) stands as a beacon of potential, promising not just gains

Cardano has seen over $600 million worth of ADA accumulated within the price range of $0.249 to $0.271

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Cardano (ADA) may not be making big price moves, but it’s certainly making waves in the world of cryptocurrency. Recent data from analytics provider IntoTheBlock reveals that over $600 million worth of ADA has been accumulated in the $0.249 to $0.271 price range. This substantial investment activity suggests that major investors are quietly positioning themselves, expecting a potential breakout. Over the past month, the number of addresses holding between 100,000