Cardano Cryptocurrency Negative By 3% In The Last 6 Hours

   2021-11-06 09:11

(VIANEWS) – Cardano (ADA-USD) Cryptocurrency is currently on bearish momentum by 3.55% in the last 6 hours. At 07:55 EST on Saturday, 6 November, Cardano (ADA-USD) is at $1.9700.

Volume

Today’s last reported volume for Cardano is 1548125108, 56.38% below its average volume of 3549341222.54.



All-Time High and Low

Cardano’s current value is at $1.97, 35.74% below its all-time high of $3.09 on Thursday, 2 September.

Cardano’s current value is at $1.97, 10203.58% above its all time low of $3.09 on Friday, 13 March.

Market Cap and Supply

Cardano’s current market cap is at 63582549511. The total supply is 45,000,000,000.00, maximum supply is 45,000,000,000.00, and the circulating supply is 32,066,390,668.41.

Social Status

Currently, Cardano (ADA-USD) has 693588 Twitter followers and 650724 Reddit subscribers.

As of now, on Github, there are 619 forks, 3697 stars, and 453 subscribers.

Volatility

Cardano’s last week, last month’s, and last quarter’s current volatility was a negative 0.18%, a negative 0.30%, and a positive 3.92%, respectively.

Cardano’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 1.92% (last week), 1.95% (last month), and 3.92% (last quarter), respectively.

Other News About Cardano (ADA-USD)

  • ‘ethereum killer’ solana crypto’s price hits all-time high, flips cardano as fifth-largest coin. According to Benzinga on Wednesday, 3 November, “What Happened: Solana’s market capitalization is valued at $68.66 billion and the cryptocurrency is now ahead of Cardano (CRYPTO: ADA) in those terms. “, “Meanwhile, Cardano added smart contract functionality in September but the associated token fell victim to profit-booking post the rollout.”

News about Bitcoin

  • Bitcoin bulls see ‘trillions’ of inflows when spot ETF wins approval. According to Bloomberg Quint on Thursday, 4 November, “The first, the ProShares Bitcoin Strategy ETF, accumulated more than $1 billion in assets in just days, while the second, the Valkyrie’s Bitcoin Strategy ETF, saw a quieter but still-vigorous reception. “, “Clearly, the right answer is: let investors buy a trillion dollars worth of Bitcoin via an ETF because the ETFs plug into the existing security structure, the existing prime brokerages, the existing collateral packages.”
  • Kroger says Bitcoin cash release on its website was fraudulent. According to Bloomberg Quint on Friday, 5 November, “Kroger Co. said a press release announcing plans for the grocery chain to begin accepting Bitcoin Cash was fraudulent, marking the latest apparent scam tying a major retailer to cryptocurrency.”, “The release, which said all of Kroger’s stores would begin accepting Bitcoin Cash next month, appeared Friday morning on PRNewswire, a wire service used by many major companies to make official announcements. “
  • Coinbase users can borrow $1m with Bitcoin as collateral and no credit checks. According to Benzinga on Thursday, 4 November, “Coinbase plans to hold the Bitcoin as collateral and doesn’t intend to lend out or use it for any other purposes.”, “If a user’s Bitcoin balance increases, they will be able to make additional withdrawals from their credit line, so long as the total amount borrowed doesn’t exceed that 40%.”
  • Bitcoin to $253,800 and ethereum to $22,300? on-chain data suggests both coins could moon if history repeats itself. According to Benzinga on Friday, 5 November, “There may be plenty of space for both Bitcoin and Ethereum to run up higher, as per on-chain data source Ecoinometrics, if history repeats itself.”, “Why It Matters: Bitcoin has largely traded flat over the week, while ETH has gained over 3% over the same period, shifting the focus on the latter.”

More news about Cardano (ADA-USD).


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