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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

The Cardano price surged 3% in the last 24 hours to trade at $0.3437 as of 04:05 a.m. EST on trading volume that jumped 35% to $252 million. This came as Tron (TRX) surpassed Cardano’s ADA to become the 10th biggest crypto by market capitalization, according to CoinMarketCap . TRX currently has a market cap of $12.04 billion, while Cardano’s market cap sits at $11.89 billion. Cardano Price To Continue Surging – Bulls Aim For A Breakout The Cardano price has been in a consolidation phase in the last two weeks, as the bulls continue to struggle to breach the $0.3460 resistance, according to data from GeckoTerminal . ADA has now surpassed the 50-day Simple Moving Average (SMA), which supports the current ADA uptrend in the short term. If the uptrend continues, the price of Cardano could surge over the sideways pattern, to the 200-day SMA at $0.372. Furthermore, the Relative Strength Index (RSI) is on a rebound from the 50-midline level, as it closes in on the 70-ov...

BTC bulls are positioned to win this week’s $1 billion options expiry, but the market's post-FOMC reaction could alter their plans. Bitcoin's (BTC) price has been trading above $22,500 for 12 days. Of course, this situation can change even if Federal Reserve chair Jerome Powell issues positive statements about the economy in today’s post-FOMC presser.  Even if the decision matches the market consensus, the post-meeting statement should be investors' primary area of focus. Specific areas to focus on would be clues for the next meeting in March. Troubling news for the largest stablecoin Tether (USDT), could also cause a meaningful impact after a Celsius bankruptcy examiner report showed that "Tether's exposure eventually grew to over $2 billion" in Sep. 2021. However, it is unclear if iFinex — Tether’s issuer — suffered any losses. iFinex CTO Paolo Ardoino denied exposure to Celsius and suggested that the examiner had "mixed up" prepositions in the r...