Cardano
While the SEC’s designation of some cryptocurrencies as securities has shaken the market, the development companies behind these assets have strongly rejected the regulator’s characterization.
Market observers will closely watch the United States CPI data and the Fed’s policy decision to provide direction to the stock and crypto market.
ADA price seems to be recovering above the $0.25 level against the US Dollar. The price is now trading below $0.32 and the 55 simple moving average (4 hours).
The blockchain research and engineering company has cut jobs as it pivots to a smaller venture studio business model.
Renowned chartist and veteran trader Peter Brandt recently found himself in hot water with the Cardano (ADA) community for his dismissive comments on altcoins. Brandt, an outspoken Bitcoin maximalist, declared…
The Input-Output Global (IOG), the organization that maintains and develops the Cardano network alongside other foundations behind Solana (SOL) and Polygon (MATIC) is up in arms with the United States…
The price of Cardano lost 30% over the past week as it gets delisted from popular trading platforms such as Robinhood following the U.S. SEC intervention.
Cardano founder Charles Hoskinson has firmly denied the U.S. Securities and Exchange Commission’s (SEC) allegations that Cardano’s native ADA token qualifies as a security.
The Cardano community ensured that ADA did not languish in the red zone for long. There were other observations though.
Robinhood said that the move comes as part of its regular review of crypto assets.
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