JP Morgan CEO Says More Pain Ahead For Bitcoin, Ethereum, Cardano Investors
The decline of the crypto market has been expected, especially for top digital assets such as Bitcoin, Ethereum, and Cardano. The fall has hit the market hard, especially with the collapse of one of the leading DeFi protocols, the Terra network. However, JP Morgan CEO, Jamie Dimon, believes that it is only beginning. Despite the […]
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On-chain data shows the Cardano whales have sold more than a billion ADA during the past week, a sign that pain may not be over for the asset yet. Cardano Whales Have Participated In Some Distribution Recently Cardano didn’t have the best time in August, as the cryptocurrency registered a more than 18% drop. This new month of September hasn’t been any better for ADA, as the asset has only continued to struggle sideways around its lows so far. At present, the asset is trading just under the $0.26 level. The chart below displays the recent price action in the cryptocurrency.....
Ethereum and Cardano are two popular smart contract platforms. While the latter is peer-reviewed and led by research, Ethereum enjoys a first-mover advantage and has the largest total value locked (TVL) if decentralized finance (DeFi) is a leading metric. However, one user on X thinks Cardano is ahead of Ethereum on features. This position was […]
Cardano has often come under fire from those in the crypto space who have often mocked the apparent ‘lack of growth’ of the network. This has been especially more prominent when it comes to the decentralized finance (DeFi) part of the blockchain, as it continues to remain well behind its counterparts in the sector. However, the talks of Cardano being a ‘dead’ blockchain could not be further from the truth given how much development is being carried out. One Of The Most Active The developments that are being carried out on the Cardano network go to show just how much the blockchain is....
ADA accumulation occurs despite a technical outlook threatening a 35% price crash by September 2022. The decline in Cardano (ADA) price this year has prompted some of its richest investors to accumulate the token.Cardano sharks in buying spreeNotably, addresses holding between 10,000 and 100,000 ADA, also called "sharks," have added 79.1 million tokens (~ $37.7 million as of July 9) to their reserves since June 9, according to data from Santiment. Cardano shark addresses. Source: SantimentMeanwhile, Cardano "whales" that hold between 100,000 and 1 million ADA have stopped selling.Holding a....
After an abysmal July, the world of DeFi is once again picking up speed – with Cardano ahead of the pack. As the price of Cardano soars to new heights, its widespread community is looking for projects that will accelerate the seismic reorientation of the DeFi industry away from Ethereum. KICK.IO, a non-custodial fundraising launchpad […]