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Cardano (ADA) Initiates Recovery After Significant Pullback


Cardano has retested the long-term buying range of $1 mark 6th time this year. While such price action is common. The worrying factor is the inverse head and shoulder pattern being created on this cryptocurrency.  ADA has taken support but only after sustaining at the level close to breakdown...

US Congressman Declares Investments in Dogecoin, Ethereum, Cardano


A U.S. congressman, Barry Moore, has declared his recent cryptocurrency purchases. He bought dogecoin, cardano, and ether. U.S. Representative Barry Moore from Alabama filed a Periodic Transaction Report (PTR) last week declaring his recent cryptocurrency purchases. According to the filing,...

Dying Volume and Smaller Price Action in Cardano


After hitting a recent low of $1.00 on June 22, Cardano backed by a negative sentiment on the broader crypto market. ADA is again at heels because of lesser price action, with daily movement being less than 2% since the last couple of days. A possible reason could be facing resistance at crossing...

Cardano Joins Grayscale Digital Large Cap Fund as Third Biggest Component


Cardano has been added to Grayscale Investments’ large-cap cryptocurrency fund. It is now the third-largest component of the fund after bitcoin and ether. Grayscale Investments, the world’s largest digital currency asset manager, announced Friday the addition of cardano to its Digital...

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