Nasdaq Says Yes To Cardano: ADA Earns A Spot Among Crypto Giants
Cardano’s ADA has joined the Nasdaq Crypto Index, moving from the sidelines into the institutional spotlight. According to Nasdaq filings, this shift brings ADA alongside Bitcoin and Ethereum in one of the main benchmarks watched by big investors. It’s a sign that regulators and asset managers see Cardano as more than just another blockchain token. Related Reading: Bitcoin To $1 Million? Michael Saylor Laughs Off Crypto Winter Fears Index Broadens To Nine Assets Based on reports from TapTools and Nasdaq’s Form 8-K, the index grew from five to nine assets. It now lists Bitcoin, Ethereum,....
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Following BlackRock’s official filing of Spot Ethereum with Nasdaq, reports have confirmed that BlackRock’s Ether ETF plan has been confirmed by Nasdaq and is on its way to the US SEC to gain final approval. BlackRock Ethereum Spot ETF Confirmed American multinational investment company, BlackRock has been making waves in the crypto space after news spread of NASDAQ listing the investment firm’s Ethereum Spot ETF, iShares Ether Trust in Delaware. “BlackRock’s Ethereum ETF confirmed. They just submitted a 19b-4 filing with Nasdaq,” Bloomberg Research Analyst, Jeff Seyffart stated. Related....
A mix of fundamental and technical indicators suggests more pain for Cardano bulls ahead. Cardano (ADA) pared a big portion of the weekly losses incurred during this week's crypto market rout. ADA's price reached an intraday high of $0.60 on May 13, a day after rebounding from its week-to-date low of $0.38 — a 58% rally. The huge upside retracement appeared in the wake of similar price action in the crypto market with top cryptos Bitcoin (BTC) and Ether (ETH) rebounding by 23% and 25.75% since yesterday's lows.The top ten crypto assets' recovery in the past 24 hours. Source: MessariBut the....
Charles Hoskinson, the visionary founder of Cardano, boldly predicted that ADA, the native token of the Cardano blockchain, is poised to dethrone the current cryptocurrency giants, Bitcoin and Ethereum. Hoskinson’s proclamation at the highly anticipated Rare Evo conference has sent ripples of excitement and speculation throughout the cryptocurrency community, sparking fervent discussions about the future […]
Cardano has been struggling in the market over the last few weeks, completely erasing its gains from March. This continuous decline has put the digital asset in a perilous position as it has dropped drastically on the list of the top 10 cryptocurrencies by market cap. Cardano Bows Out To Toncoin And Dogecoin The first […]