Cardano [ADA] holders should know this as they continue wrestling a ‘cold ice bath'

It might be Friday the 13th, but the real scare for many bulls probably came a day earlier, when Bitcoin dropped below $27,000. However, as Bitcoin hit $30k again and the top ten cryptos by market cap fell into formation, here's how the seventh biggest asset was doing.

Timeline of Cardano

Investors trying to diversify their portfolios are flocking to the leading cryptocurrencies. However, now that many developing businesses are embracing cryptocurrencies as valid forms of [.

Bitcoin price climbed above the USD 30,000 resistance level and is currently (11:45 UTC) consolidating gains above USD 30,500. BTC jumped almost 7% in a day, trimming its weekly losses to less than 17%.

The ADA/USD price shows recovery after going through a massive loss yesterday, as per Cardano price analysis. The price stooped as low as $0.471 from $0.631 in a heavy sell-off that lasted for the past two days.

Cardano (ADA) founder Charles Hoskinson says large corrections are routine parts of the crypto industry and that the hysteria surrounding the latest market crash is inflated. In a new video update, Hoskinson says that seasoned investors seem unfazed by the most recent sharp market downturn as they have witnessed similar-sized corrections in the past, while The post Cardano Founder Charles Hoskinson Says Fears of Crypto Market Collapse Overblown, Sets Timeframe for Recovery appeared first on The Daily Hodl.

Post the ongoing bloodbath, the global market cap crashed all the way down to the $1.25T-mark at press time. As a result, Cardano, Dogecoin, and Shiba Inu found newer multi-month lows while their 4-hour technicals flashed oversold readings.

The Cardano price analysis indicates a sharp decline in price levels as the price has now moved down to meet $0.418. The progress has been in the bearish direction, as the bearish momentum has been continuously intensifying.

Cardano founder Charles Hoskinson said that ADA's $723 million treasury is decentralized. The post Hoskinson says Cardano has decentralized treasury valued at $723M in ADA, pokes fun at Terra appeared first on CryptoSlate.

On Tuesday (May 10), In the wake of the fall from grace of Terra ecosystem's algorithmic stablecoin TerraUSD ($UST) in the past few days, FinTech startup COTI Group CEO Shahaf Bar-Geffen explained how his algorithmic stablecoin Djed (which is built on Cardano) is different and why its dollar peg has not been affected. What Is Djed? On Sunday (September

The decline in the usage of tangible money demonstrates a shift in society's thinking. As  we're no longer restricted to the things we can touch, there's an entire world out there that we've just begun to scratch.

Introduction Many crypto beginners are unaware that cryptocurrencies also offer the potential for passive income. As cryptocurrencies become more and more popular, they create new opportunities for creating money.