Cardano may be flashing the kind of contrarian setup that traders tend to watch closely near exhausted selloffs. According to on-chain and derivatives data shared by Santiment, ADA’s 365-day MVRV has fallen to -43% while Binance funding shows the highest imbalance toward shorts since June 2023, a combination the analytics firm argues has historically aligned…
Cardano may be sitting on one of the most significant buying opportunities in its history — with analysts projecting a potential 1,000% rally if a multi-year support zone continues to hold. Related Reading At roughly $0.27 at the time of writing, ADA has stayed above a demand floor that twice before marked a cycle bottom…
Keshav is currently a senior writer at NewsBTC and has been attached to the website since June 14, 2021. Keshav has been writing for many years, first as a hobbyist and later as a freelancer. He has experience working in a variety of niches, even fiction at one point, but the cryptocurrency industry has been…
DeFi activity on the Cardano (ADA) network is showing strong momentum, with Total Value Locked (TVL) spiking by more than 23%. Despite increased on-chain activity, ADA continues to trade below $0.3, with lackluster performance, price swings, and persistent sell-offs over the past months. Cardano Sees DeFi Growth As ADA Price Dwindles Cardano’s decentralized finance ecosystem…
Cardano is facing a fresh round of criticism after renowned crypto market analyst Ali Martinez, known on X as Ali Charts, argued that the network’s valuation remains badly out of step with actual usage. His thesis is blunt: unless adoption improves materially, ADA’s price could face far more downside if a key support level breaks.…
Like other altcoins in the space, the Cardano price has suffered a tremendous amount of losses over the last few months. This relentless sell-off has pushed the ADA price so low that it is now sitting at levels not seen since the last bear market. Even now, Cardano remains in danger of further decline, as…
Ronaldo is an experienced crypto enthusiast dedicated to the nascent and ever-evolving industry. With over five years of extensive research and unwavering dedication, he has cultivated a profound interest in the world of cryptocurrencies. Ronaldo's journey began with a spark of curiosity, which soon transformed into a deep passion for understanding the intricacies of this…
Cardano (ADA) jumped over 12% in a single day, breaking above short-term resistance and drawing renewed attention from both whales and institutional funds. The surge coincides with steady accumulation by whales and mechanical buying from index-tracking products, signaling a potential shift after months of consolidation. Related Reading The combination of rising trading activity, renewed interest…
Keshav is currently a senior writer at NewsBTC and has been attached to the website since June 14, 2021. Keshav has been writing for many years, first as a hobbyist and later as a freelancer. He has experience working in a variety of niches, even fiction at one point, but the cryptocurrency industry has been…
This year has been a tough ride for Cardano (ADA) investors, as weakening retail participation collides with renewed development activity and aggressive accumulation by large holders. Related Reading: Bitcoin Capitulation Or Buy Zone? What On-Chain Data Shows Right Now While on-chain data points to growing long-term conviction, market sentiment around ADA remains fragile, leaving the…