| Mobile Web

Search results for ADA

Crypto

Cardano market cap recovers to $6 billion, on-chain metrics sound warning

Cardano\'s market value has recovered to the $6 billion level as the broader crypto market ticked up after a U.S. inflation reading. But bearish sentiment is rising in derivatives markets, with more short bets and a potential dead cross on the weekly chart. On-chain data tracked by Santiment show unusual moves, including rising age-consumed metrics and dormant wallets starting to move, while trading volumes have fallen to a two-year low.

Crypto

XRP $1 level at risk as altcoin market enters \'panic zone\'

XRP has slid to just above $1, heightening market tension over whether key support will break, while other major altcoins show continued downtrends alongside early rebound attempts. XRP trades near $1.12 after breaking a months-long descending triangle and key horizontal support, with indicators pointing to further weakness. Ethereum remains in a downtrend but has stabilised near $1,600 after a sharp fall. Cardano dropped to $0.16 after breaking support, with extreme oversold readings and resistance levels limiting upside.

Crypto

Flare co-founder welcomes Charles Hoskinson return after XRP-BTC clash

Flare co-founder Hugo Philion publicly supported Cardano founder Charles Hoskinson\'s return to activity on X, after the two clashed over XRP and bitcoin interoperability and bitcoin-based DeFi strategy. Philion said the crypto industry would be worse off without Hoskinson, Cardano and Midnight, while maintaining Cardano was duplicating work that could be done using FXRP and Flare Bitcoin via LayerZero. Hoskinson had briefly reduced public activity before returning.