Cardano Price Prediction as Stablecoin Supply Soars 86% Despite Weak Activity: Can ADA Reclaim $0.26?
By Muthoni Mary
Cardano (ADA) price is trading at $0.203 at the time of writing after recording a slight intraday gain of 0.46%. Weak network activity and a bearish market sentiment continue to weigh on the price despite the slight uptick. However, a spike in stablecoin supply suggests that ADA might find support at $0.20. Today’s…
Read it in your languageMachine translation by Google of the publisher's page
More in Markets
From the blog
OCC Allows Crypto Firms to Continue Stablecoin Rewards
New OCC regulations under the GENIUS Act permit platforms like Coinbase and Robinhood to continue offering interest-like stablecoin rewards, despite…
Yuki Yamamoto3 min read
OCC Encourages Community Banks to Issue Stablecoins
The OCC is encouraging community banks to seek authorization as permitted stablecoin issuers under the GENIUS Act, as federal licensing…
Yuki Yamamoto2 min read
Zcash Co-Founder Proposes Ending Grants Funding
Zcash co-founder Sean Bowe has proposed halting the automatic 8% ZEC allocation to Zcash Community Grants, citing a treasury of…
Yuki Yamamoto2 min read