News with the tag "Hydra Head"

A new Hydra update has triggered an uptrend in the Cardano Decentralized Finance (DeFi) Total Value Locked (TVL). Cardano DeFi TVL Prints Visible Rebound Data from DeFiLlama shows that the Cardano DeFi TVL has climbed to $243.17 million. Compared to July 6 when this metric was $242.13 million, the n...

Charles Hoskinson has debunked rumors that Cardano Hydra has been abandoned, calling the claims from critics a mere FUD- Fear, Uncertainty, and Doubt. The rumors that Cardano Hydra has been abandoned appear to be FUD, according to Charles Hoskinson, Cardano founder. Cardano Hydra is Getting More Upg...

Cardano is gaining slightly today as the bulls seek to rally out of the bearish zone. Its trading volume is down by over 15%, but its price has entered a consolidation phase. ADA is trading above its 7-day low of $0.3512, implying that a return to the 7-day high of $0.3967 remains possible. ADA Pric...

Despite a massive Cardano whale accumulation, ADA, its native currency, remains bearish, prompting questions about the strength of the underlying fundamentals and whether the leg up of Q1 2023 is over. ADA’s volatility has been dropping in recent weeks despite a slew of positive developments, mainly...