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Cardano (ADA) is one of the most significant cryptocurrency tokens to exist in the space. ADA has long been fighting a plethora of negative market forces to regain its top spot. For a brief moment, ADA was able to sit at the coveted $1 mark but has plummeted greatly as current market dynamics have pushed the token to encounter further lows. ADA is currently sitting at $0.68. Can it truly rise high in March 2025? Also Read: Ethereum Buyers Pile In as Aya Miyaguchi Takes Over—Will ETH Rebound? Cardano: What’s Happening? Source: Cardano Feed Cardano has lately been gaining immense traction and spotlight due to a singular reason. Grayscale had earlier filed for a Cardano ETF, which has recently been acknowledged by the US SEC. This development has ushered in an enthusiastic moment for the ADA community members to bask in. Many ADA enthusiasts are bullish on the development, adding how the approval of the ADA ETFs can be a huge success for the community and the coin as well. JUST IN: ...

The Cardano price soared 10% in the last 24 hours to trade at $0.5893 as of 12:30 a.m. EST on a 216% pump in trading volume to $6 billion. The ADA price pump came after Charles Hoskinson said in a YouTube live stream that he’d be spending ”quite a bit of time with members of the administration” to help craft crypto policy. The incoming administration of incoming president-elect Donald Trump has not announced a role for Hoskinson. Cardano Price Spikes In A Parabolic Curve The ADA/USD pair on this 4-hour chart shows a strong bullish trend following a long period of consolidation. The price is around $0.5933, with a recent parabolic rise indicating substantial buying interest. After trading in a tight range for an extended period, the price broke out with a steep upward curve, suggesting that momentum has shifted decisively in favor of the bulls. The moving averages add further weight to this bullish outlook. The 50-period moving average (blue line) is at$0.4053, a...

Charles Hoskinson, the founder of Cardano, has clarified misconceptions and denied claims of collaboration with Ripple. He emphasized that he is frequently mistaken for Vitalik Buterin, the co- founder of Ethereum. Hoskinson utilized Twitter to address and rectify the ongoing misunderstandings within the cryptocurrency industry. Why do I keep seeing people claim I worked at Ripple as an intern? I never worked for them in any capacity. You're confusing me for Vitalik who I believe was an intern — Charles Hoskinson (@IOHK_Charles) June 23, 2023 The Rumor There has been a persistent rumor among crypto enthusiasts that Hoskinson was once an intern for Ripple. However, Hoskinson himself has denied this claim in a recent tweet. He expressed confusion about why such rumors persist and firmly stated that he has never worked for Ripple in any capacity. Instead, he clarified that people might confuse him with Vitalik Buterin, who interned at a California-based technology star...