While explaining the potential impact of decentralized autonomous organizations on legacy businesses, billionaire investor Mark Cuban, who recently joined the cryptocurrency space, ironically denied referring to Cardano’s blockchain. No, Not Cardano, Says Cuban Mark Cuban used to be among the many critiques of the cryptocurrency industry in the past. However, as it happened with quite...Read More
The veteran US exchange Kraken has added Cardano (ADA) staking as of May 4th. This comes amid the growing interest in the cryptocurrency, the price of which has been on a roll since the start of the year. Staking in the cryptocurrency world requires the token holders to lock a certain amount of coins based...Read More
IOHK and World Mobile have teamed up on an initiative that will use Cardano’s blockchain to create digital identities, mobile internet connection, and financial acceptance to communities in Tanzania. Tanzania To Benefit From Cardano The continent of Africa, consisting of 1.3 billion people, has a huge problem with Internet connection. As revealed, more than half...Read More
Cardano’s native cryptocurrency – ADA – will be available for direct purchases from credit or debit cards, Apple Pay, or even bank transfers. This becomes possible following a partnership between the popular blockchain project and Simplex – a solution facilitating fiat on/off ramps to the cryptocurrency ecosystem. Cardano Partners With Simplex Founded in 2014, Simplex...Read More
Multinational blockchain technology company Emurgo initially announced the AgeUSD stablecoin in January 2021. The firm has since announced a partnership between the Ergo Foundation, Emurgo, and Charles Hoskinson’s Input-Output Global, the parent company of IOHK. The AgeUSD stablecoin will be available on Cardano as soon as smart contract capabilities are launched on the blockchain, it...Read More
Cardano has released more details on Plutus, it’s native programming language that will be used to write smart contracts after its next major upgrade, Alonzo. In a blog post on April 13, IOHK – the firm behind Cardano – explained that Plutus contracts consist of parts that run on-chain and parts that run on a...Read More
On March 31, Cardano will become a fully decentralized platform, this means that over 1,800 community pools will be responsible for block production. Since the release of the Shelley update in July 2020, Cardano was slightly criticized by the DeFi community for issuing their own blocks while its SPO (stake pool operator) was being developed,...Read More
Cardano is working on new deals that will bring millions of users into its ecosystem, said the project’s founder Charles Hoskinson. He added that his team is negotiating contracts with several African nations to enable citizens to have digital identities linked to wallets and payment systems. Millions of Users Coming on Cardano While speaking during...Read More
Decentralized finance representatives like Uniswap are bubbles that come and go, but Cardano is looking to run entire countries on its blockchain, said Charles Hoskinson. In a recent interview, the project’s founder also predicted that at least 100 protocols could switch from Ethereum to Cardano when it goes live. From Ethereum to Cardano While speaking...Read More
Less than a year after launching its IOHK-owned network of federated nodes, Cardano is on schedule to reach full decentralization at the end of March 2021. At that point, the already established network of over 1,800 community pools will be responsible for producing all new blocks. Cardano Goes for Full Decentralization With the approaching so-called...Read More
ADA/USD – Bearish Divergence Sends Market Lower Key Support Levels: $1.07, $1.00, $0.944. Key Resistance Levels: $1.20, $1.32, $1.40. ADA is down by 9% as it falls beneath the support at $1.22 (.236 Fib) to reach $1.14. The cryptocurrency is now down by a total of 23% since hitting the ATH price at $1.48 last...Read More
Late on Monday, March 1, Cardano announced the successful upgrade of the network stating that it is a key milestone in its ongoing rollout. It added that the update introduces core Goguen features of native token functionality and multi-asset support. Goguen is a major upgrade stage on the Cardano roadmap which introduces smart contracts and...Read More
Bitcoin Bitcoin saw another 4% price hike this week, which had it breaking above the $16,000 level to reach as high as $16,491 today. The coin has since dropped slightly to trade at $16,135 at the time of writing. Last week, the coin had surged into the $16,000 level, which caused it to roll over...Read More
Bitcoin Bitcoin saw an extraordinary 15.3% price surge this week which allowed the cryptocurrency to scratch the $16,000 level today. It has since dropped slightly to $15,500 but is still very much bullish. BTC started the week at $13,200. From there it headed higher into the $13,800 resistance but stalled at the weekend. As the...Read More
ADA/USD – New Monthly High and Attempt Break Above 2019 Highs Key Support Levels: $0.104, $0.1, $0.0974. Key Resistance Levels: $0.114, $0.12, $0.123. Cardano bounced from the support at $0.0932 (.5 Fib Retracement) this week, which allowed it to surge by 15%. On the way up, ADA broke above resistance at $0.1 to close the...Read More
ADA/USD – Bulls Rebound From 6-Month-Old Rising Trend Line Key Support Levels: $0.1, $0.095, $0.087.Key Resistance Levels: $0.105, $0.114, $0.12. Cardano dropped from $0.125 in early September to initially reach the support at $0.087 (.5 Fib). The coin eventually penetrated beneath this level as we moved deeper into September and it headed lower into the...Read More
Despite briefly dipping to $10,660, Bitcoin has slightly increased in value since yesterday and trades above $10,800. At the same time, Ethereum has spiked by about 2% to above $360, while more volatility is evident from lower and mid-cap altcoins. Bitcoin To Above $10,800 After an unsuccessful attempt to conquer $10,800 yesterday, Bitcoin headed south...Read More
Bitcoin Bitcoin moved sideways this week as a consolidation pattern appeared in the form of a symmetrical triangle. This triangle is best seen on the hourly charts and is highlighted by the white boundaries. The cryptocurrency dropped by a steep 15% in September from $12,000 to the current $10,260 level. The $10,000 level provided strong...Read More
ADA witnessed a very strong 50% price surge over the past month as it reached $0.139. The coin reached a 2-year high over the weekend. Against Bitcoin, ADA rebounded from support at 1150 (.382 Fib Retracement) this weekend as the bulls start the push higher. ADA/USD: Bulls Attempt To Rebound From $0.13 Support. Key Support...Read More
Alternative cryptocurrencies felt today’s pressure as Bitcoin finally poked its head. The major cryptocurrency is on the rise today, and as it’s almost always the case, this took its toll on altcoins. Bitcoin managed to regain almost 1.5% of its market dominance over the past 24 hours alone, leaving other cryptocurrencies in despair. Altcoins Down...Read More
Cardano found support slightly above $0.12 after losing 8% in two days. Despite the bearishness, it remained bullish on a short-term perspective. ADA/USD: Cardano Trapped Inside A Triangle Key Resistance Levels: $0.133, $0.14, $0.16 Key Support Levels: $0.121, $0.11, $0.1 ADA/USD. Source: TradingView Cardano’s price has dropped by almost 6% following the last 24-hours decrease...Read More
ADA is now trading above 2019’s high following a 58% growth in 7 days. The price is now approaching the 1500 SAT level with strong bullish momentum. ADA/USD: Cardano Surges 28% After Crossing $0.1 Key Resistance Levels: $0.16, $0.2 Key Support Levels: $0.11, $0.094 ADA/USD. Source: TradingView The second half of the year is again...Read More
Numerous alternative coins are booming during the past 24 hours, while Bitcoin remains stable. Consequently, this has raised the question of whether or not the cryptocurrency market is entering another altcoin season. Altcoins Pumping The majority of the market is well in the green today, with some impressive gains from altcoins. Yet, none has increased...Read More
Cardano (ADA) is currently among the best-performing token in the top-10 rankings by market capitalization amid the announcement of future token staking capability on Coinbase Custody. ADA Staking on Coinbase Custody Coming in Q4 2020 In a tweet published on Friday, Input Output Hong Kong (IOHK) — the Cardano parent company — announced a partnership...Read More
Cardano starts the monthly opening on a bullish foot with a total of 13% gains over the past hours. The price is increasing following a huge daily buying volume. Against Bitcoin, ADA surged above last month’s high after seeing 11.11% gains today. ADA/USD: Cardano Signals Fresh Increase Key Resistance Levels: $0.095, $0.97, $0.1 Key Support...Read More
Cardano is performing relatively well following a sharp bounce from $0.0637 The bounce was followed by a break out from a two weeks resistance line ADA/USD: Cardano’s Price Rejects Near $0.085 Key Resistance Levels: $0.0846, $0.088, $0.0917 Key Support Levels: $0.074, $0.0688, $0.0631 ADA/USD. Source: TradingView Cardano recently broke out from a two-week downtrend to...Read More
Cardano looks for a rebound after losing 10% in the last seven days. The price is currently looking indecisive across trading pairs. It may breakdown if the immediate support fails to hold incoming pressure. ADA/USD: Cardano Looking For A Rebound Key Resistance Levels: $0.085, $0.088, $0.0917 Key Support Levels: $0.074, $0.0688, $0.0631 After breaking out...Read More
Cardano exhausted buying pressure after marking a new yearly high near $0.092. It maintained the same trend across trading pairs as sellers slowly take over in the short-term. The price is currently down by 4%. ADA/USD: Cardano Eyeing $0.070 For Short-Term Correction Key Resistance Levels: $0.085, $0.088, $0.0917 Key Support Levels: $0.074, $0.0688, $0.0631 ADA/USD....Read More
Bitcoin Bitcoin may have only seen a small 2.5% price surge over the last week of trading, but it was action-packed. On Monday, it surged from $9,426 and managed to rise as high as $10,430 to re-test the 2020 high. Unfortunately, it was unable to keep itself above $10,000 and dropped lower during the week...Read More
Cardano recorded 7% gains to reach $0.0917 in two days as bulls remain in charge The price is now facing a crucial resistance line on the hourly chart ADA/USD: Cardano Holds Weekly Support At $0.074 Key Resistance Levels: $0.0917, $0.095, $0.1 Key Support Levels: $0.082, $0.074, $0.07 ADA/USD. Source: TradingView Last week, Cardano saw an...Read More