In a surprise AMA, Charles Hoskinson answered viewers’ questions on a Livestream, talking mostly about the developments of Cardano and its progress over the past few months. One answer in particular, however, generated a lot of excitement from viewers. In a response to a question about how easy it is to convince projects to move...Read More
The growing trend of cryptocurrency staking has reached the multi-asset platform eToro. The company announced today that it will launch a staking service this month. The first two assets available will be Cardano (ADA) and TRON (TRX). eToro To Enable Crypto Staking Cryptocurrency staking requires the investors to “lock” a certain amount of coins based...Read More
SingularityNET, a decentralized platform for AI apps, has announced its plans to move a significant portion of its network from Ethereum to the IOHK-led Cardano blockchain, in the wake of Cardano’s upcoming updates that include the Plutus smart contracts framework, the firm said. As part of a detailed announcement, the platform also highlighted the...Read More
Cardano has dropped out of its bearish pattern, however, its journey higher starts now. With rising bitcoin prices and dominance, there might an altcoin sell-off soon, which might hamper altcoins’ performance. Cardano 4-hour chart Source: ADAUSD TradingView The chart shows the price of Cardano breaking promptly from the rising wedge. After testing the support at...Read More
Cardano has been dropping quickly in value and currently stands at $0.0880 with a market cap of $2.7 billion, which has also seen a drop from $3.16 billion in the last 24 hours. No longer in the top-10 ranks, ADA’s journey south does not seems to be over yet. Cardano 1-day chart ADAUSD TradingView The...Read More
The popular Bitcoin and cryptocurrency derivatives exchange BitMEX announced the launch of ‘quanto futures’ for four crypto coins – EOS (EOS), Chainlink (LINK), Tezos (XTZ), and Cardano (ADA). This comes after BitMEX’s recent move that requires users to sign up for a mandatory ID verification procedure’. BitMEX To Launch Quanto Futures Trading For LINK, XTZ,...Read More
Cardano’s descent has been quick and steep but the coin looks primed for a reversal. At press time, the coin needed to drop to immediate support before it can actually reverse the downtrend. Dropping from the 8th rank, ADA had a market cap of 3.58 billion and had seen an 8.1% decline in the past week...Read More
With the present market overwhelmingly bearish, many major altcoins seemed to be struggling to hold their high valuations on the charts as a series of corrections ensued. While the decline has remained minimal over the last 24-hours, the charts of a few crypto-assets seemed to suggest that further downtrend movement could follow in the coming...Read More
Cardano’s surge, like most altcoins, seems to have come to standstill. The price of ADA has dropped approximately 23% in the last week and 6.7% in the last 24 hours. Cardano 1-hour chart ADAUSD TradingView At press time, ADA was trading at $0.1140, and, by the looks of it, it might slide lower in the...Read More
Cardano has been moving steadily along its long-term development plan, launching Shelly last month while the Ethereum Classic network had revamped its security measures to prevent further attacks after exchanges lost millions in a recent 51% attack. In the short-term, Cardano and XLM are in a downtrend, while ETC showed little momentum either upward or...Read More
Cardano enjoyed a bull run before other altcoins by surging ~890% in less than 5 months. Eventually, all altcoins joined the rally. While some surged more than others, LINK surged from less than $2 to $20 in the same time period. Like Link many defi projects and their tokens have done the same. Perhaps, the...Read More
It’s safe to say that yesterday’s wick down to $0.1277 will be the last one in a while for Cardano. Both on the higher time frame, as mentioned earlier, and the lower time frame, Cardano is bullish. Still, in the 8th rank, ADA is currently trading at $0.1328 with the 24-hour price change showing a...Read More
Cardano has seen reduced momentum in the past month. The price has been range-bound [between $0.156 to $0.262] for over a month. With the mainnet launched, total ADA staked has now hit 12.49 billion aka $1.74 billion with 31,000 delegators. The fundamentals of ADA look strong with the successful launch of the mainnet. Cardano 1...Read More
Cardano, EOS, and Dash, all seemed to be consolidating/range-bound, with their prices waiting to break out on the charts, at the time of writing. However, in the short-term time frame, all the aforementioned cryptos seemed to be expecting a short decline in the near-term. Cardano [ADA] Source: ADAUSD TradingView Cardano [ADA] no longer holds the...Read More
Trading at $0.145, Cardano is still the eighth largest cryptocurrency in the world, boasting a market cap of $3.66 billion. On a higher time frame, the coin has seen a surge of about 900% from March to July 2020. While this, in itself, is a staggering surge, ADA will be faced with another challenge soon....Read More
Litecoin seems to be on the receiving end of the altcoin onslaught. In the past two months, Litecoin has been pushed down in the top-10 coins in the market by two individually surging contemporaries, Cardano back in July and Chainlink now. Digital silver now occupies the 9th spot with a market capitalization of $3.79 billion,...Read More
Charles Hoskinson, the co-founder of Input Output Hong Kong (IOHK), is getting increasingly upset for being associated with another project he co-founded – Ethereum. Hoskinson Doesn’t Like Being Called Co-Founder of Ethereum In a recent Twitter post, the co-founder of Input Output Hong Kong said that he doesn’t want people to refer to him as...Read More
By Dmitriy Gurkovskiy, author at RoboForex Blog On Tuesday, June 2nd, the ADA remains positive, looking upwards. It is generally trading at 0.0816 USD. Last week, the ADA attracted the attention of the market, growing significantly. On Friday, May 29th, its price increased by 14%, having fundamental reasons for such growth. On D1, ADA/USD keeps developing...Read More
Cardano founder Charles Hoskinson has finally put a date to the launch of Shelley – the next major milestone in Cardano’s roadmap. According to Hoskinson, the initial phases of Shelley’s arrival will begin as early as June 9, and will be live by June 30 if everything goes ahead as planned. Charles Hoskinson Announces Cardano...Read More
Today, Cardano went up by 13.74% gains as buyers continue to show interest. The biggest gainer on market cap targets $0.064 in the near term. Cardano’s bullish sentiment is still moderate against Bitcoin, awaiting a clear break. ADA/USD: Cardano is Poised For More Gains After Surging To $0.042 The latest surge in the price of...Read More
Today, Cardano is up by 8% after regaining momentum from $0.042. ADA is revamping bullish setups but immediate resistance is posing threat to buyers. Cardano is currently trading around key price areas against Bitcoin and US Dollar. ADA/USD: Cardano Targets $0.064 But Facing Tough Resistance At The Moment Key Support Levels: $0.0415, $0.0355 Key Resistance...Read More
In the crypto ecosystem, things change fast. Even though we may make predictions of different cryptocurrencies, some of the metrics that seem essential today may suddenly change in a matter of months. Nonetheless, as we enter a new decade, we’ll look at some important happenings that will likely shape the market in 2020. Given that...Read More
Large pools are causing centralization. Cardano’s largest pools are currently over-staked. Though the exact statistics change over time, the issue has been observed for several weeks. AdaPools.org indicates that 18 of Cardano’s 249 active staking pools are saturated as of Jan. 4. In terms of value, 33% of all staked ADA has been allocated to...Read More
The total crypto market cap is slowly rising and it is now above the $185.0B support.Bitcoin price rallied recently, but it failed to climb above the $7,500 resistance.Binance coin (BNB) price is up more than 5% and it broke the $14.20 resistance area.Litecoin (LTC) price is slowly recovering and it is now trading above $42.50.BCH...Read More
The total crypto market cap is holding the key $182.0B and $180.0B support levels.Bitcoin price is trading above the $7,200 support and it could start a fresh increase.Litecoin (LTC) price is slowly rising and it might test the $41.20 resistance.BCH price is up 4% and it is moving higher towards the $200 resistance area.EOS price...Read More
The total crypto market cap is gaining momentum above the key $192.0B resistance.Bitcoin price is up more than 5% and it broke the $7,500 resistance area.EOS price is slowly rising towards the $2.600 and $2.700 resistance levels.Binance Coin (BNB) is still well below the main $14.00 and $14.20 resistance levels.BCH price is trading above $195...Read More
Charles Hoskinson tweeted yesterday to update the Cardano community on progress with the Shelley incentivized testnet. It comes as welcome news, baring minor issues, that the staking process has been largely successful.Very happy about the launch. Lots of minor issues and intermittent bugs reported. We will cut a new release with updates to Jormungandr, the...Read More
The total crypto market cap is likely preparing for the next move above $190.0B.Bitcoin price is holding the main $7,000 pivot level and consolidating gains.Litecoin (LTC) price is currently struggling to settle above the $40.00 region.Bitcoin cash price is consolidating near the $185 level, with hurdles near $192 and $195.EOS price is likely to slowly...Read More
The total crypto market cap is trading well below the $192.0B and $200.0B resistance levels.Bitcoin price is struggling to stay above the main $7,000 support area.EOS price is declining and it is likely to trade below the $2.500 support area.Binance Coin (BNB) is approaching the key $14.00 support area.BCH price is still holding the main...Read More
Cardano’s incentivized testnet went live with promising results. Holders already staked 5.4 billion Ada, representing 17% of the coin supply. IOHK also announced that over 120 staking pools went online during the first day of operation, well on its way to its 1,000 pool target. Although some of the leading pools are operated by IOHK...Read More
