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Sell the news? ADA price drops 10% following Cardano’s long-awaited smart contracts rollout

The so-called "Alonzo" upgrade did little in protecting Cardano from falling in tandem with the rest of the cryptocurrency market, though bullish technical factors remain.

Continue ReadingSell the news? ADA price drops 10% following Cardano’s long-awaited smart contracts rollout

SOL price nears $200 after FTX’s Solana-enabled NFT marketplace goes live

The latest bout of buying has pushed SOL/USD's quarter-to-date gains up by more than 450%.

Continue ReadingSOL price nears $200 after FTX’s Solana-enabled NFT marketplace goes live

Cardano chalks a bearish wedge as ADA price soars by over 100% in Q3

The bearish outlook appears also as Cardano's daily relative strength index (RSI) reflects overbought sentiments. However, euphoria surrounding Cardano's smart contracts launch and its mild correlation with Bitcoin keeps the…

Continue ReadingCardano chalks a bearish wedge as ADA price soars by over 100% in Q3