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Cardano (ADA) has etched out a niche as a particularly developer-friendly blockchain ecosystem.  The increasing adoption of its Plutus-based smart contracts remains a key benchmark for evaluating Cardano’s long-term prospects. At the beginning of the year, the ecosystem had 6,877 Plutus V1 scripts, 106,464 Plutus V2 scripts, and 444 Plutus V3 scripts, for a total of 113,786, according to data retrieved by Finbold from Cardano Blockchain Insights . Picks for you If you invested $5k in Bitcoin five years ago; Here’s how much you’d have now 26 mins ago XRP is only $2 billion away from flipping Tether to rank as world's 3rd largest crypto 2 hours ago ...

Recent developments in the regulatory landscape could shape the future of digital assets, with industry leaders weighing in on upcoming policies. Lightspark CEO David Marcus recently discussed former President Donald Trump’s cryptocurrency strategy, calling it a potential turning point for the industry.  In light of this, investors seek promising projects with strong growth potential for portfolio addition. As the market evolves, low-cost cryptocurrencies may benefit from a more favorable environment, making identifying affordable tokens with strong fundamentals essential. As such, Insidebitcoins compiles the best cheap crypto to buy now under 1 dollar . 5 Best Cheap Crypto to Buy Now Under 1 Dollar Arbitrum (ARB) has gained momentum through new integrations and technological advancements. Its value is $0.4626, marking a 4.94% rise over the past week. Meanwhile, Onyxcoin (XCN) is progressing with the launch of its Layer 3 blockchain, the XCN ledger. Algorand (ALGO) has dem...

The Cardano price climbed 2% in the last 24 hours to trade at $0.7582 as of 3.30 a.m. EST on trading volume that dropped 40% to $768.64 million. The ADA price has been fluctuating strongly in the past 24 hours, going from $0.74 to $0.77, then dropping to $0.73, and recovering to $0.7582 where it sits right now. Of course, compared to its price action on Feb. 2 and 3, most of its recent movements are only minor fluctuations. At first, Cardano was seemingly following Bitcoin’s lead, but while BTC is slowly recovering toward $100k, ADA has been trading sideways over the past few days. Cardano Price Prediction Cardano’s price has been following a pattern in the last two days, first seeing slight growth, then dropping and staying flat for a few hours, only to then repeat this pattern. Its Bollinger Bands would tighten during the periods when the price remained flat, only to see a slight widening for the price increase, and an even larger widening when the price dropped again....

Widely followed analyst Benjamin Cowen is issuing a warning on Cardano (ADA) as the Ethereum (ETH) rival rallies. In a new video, Cowen tells his 822,000 YouTube subscribers that ADA could suddenly turn bearish against Bitcoin (ADA/BTC) on the weekly timeframe, similar to what happened in December 2020. “It’s probably not going to matter in a year, but there is still a chance that [ADA] gets one more flush on its Bitcoin pair. But if it does get one more flush on its Bitcoin pair, I would say that that’s probably the last one for the cycle, is what my guess would be.” Cowen says that Bitcoin’s dominance level (BTC.D) – the ratio between the market cap of BTC versus the market cap of all crypto assets combined – may extend higher next month. “Basically, I would take my Bitcoin dominance view and relate that to a lot of the alt/Bitcoin pairs. Bitcoin dominance, it’s possible that it’s topped, but there’s also ro...

Cardano (ADA) has long been consolidating and waiting to show potential breakout streaks. At press time, the token was sitting at a price level of $0.34 and had been stuck between the price range of $0.30 and $0.45 for a long time. With the Chang hard fork under work, the token may significantly take an unexpected turn, which may catapult its price shortly. But the real question is, will ADA be able to hit $1 in 2024 and $2 in 2025? Also Read: Shiba Inu: SHIB To Spike 498% In A New Bullish Divergence Analysts Are Positive About ADA’s Price Recovery Amid Cardano’s slow price pace, notable crypto analyst Dan Gambardello has shared a short post on X. Per the analyst, ADA whales could be a game changer for the token, provided they come into play to push the token price metrics. Historical Price Surge According to Gambardello, ADA’s price shot up to $1.50 from $0.33 in the same month in 2021. The development above can be repeated, provided the ADA whales stir the token’s price up a not...

Bitcoin climbed above the $56,000 level on Tuesday and the cryptocurrency market is brimming with investors’ confidence. The rally is pushing other leading altcoins to hit new monthly highs and investors are making the most of it. BTC jumped in price after the US Securities and Exchange Commission (SEC) approved the Bitcoin ETF in mid-January. This caused the cryptocurrency market to rally eventually leading BTC to top $56,000 today. Also Read: BRICS To Take Loans in Chinese Yuan, Ditch US Dollar Now that the overall cryptocurrency market is in the green, we will highlight 3 altcoins under $1 that can generate profits. This is for the medium-term target only as the markets could head back due to profit bookings. Cryptocurrency: Top 3 Coins Under $1 Ripple (XRP) Source – Watcher Guru Ripple’s native cryptocurrency XRP is attracting bullish sentiments as its 24-hour trading volume saw an influx of $1.4 billion. This made Ripple’s XRP hit $0.55 on Tue...

Bitcoin and several altcoins are taking a breather after the sharp rally of the past two days, but the general trend remains bullish. Ripple Labs’ victory in the case against the United States Securities and Exchange Commission gives a significant boost to the crypto industry. In addition to benefitting Ripple and XRP (XRP), analysts believe that the ruling will weaken the regulator’s case against Binance and Coinbase. In another positive event for the crypto space, the U.S. dollar index (DXY) completed a bearish head and shoulders pattern on July 12 and followed that up with a drop below the psychological level of 100 on July 13. The DXY typically moves in inverse correlation with Bitcoin (BTC), hence its weakness is a positive sign for the crypto bulls. Daily cryptocurrency market performance. Source: Coin360 LookIntoBitcoin creator Philip Swift said that increased on-chain spending volume shows that Bitcoin is in the first stage of a bull market. The sharp rally in XRP and several ...