Cardano (ADA) is the native token of the Cardano blockchain and is used as a medium of value exchange on the blockchain. Cardano was developed to work seamlessly with the ETH blockchain. Cardano was created by Charles Hoskinson, a co-founder of the Ethereum blockchain. The key purpose of Cardano is to ensure multi-ledger operability and…
According to data from CoinGecko, Bitcoin was under pressure once more on Thursday morning, as the leading crypto sank to a low of four weeks at $22,408 briefly. But, it had climbed back up once more at the time of writing to a value of $22,715, still below the $23,000 mark. Price action This latest…
Global Crypto Economy Shrinkage Up To $1.5 Trillion About a year ago now, the crypto economy could easily be evaluated at a whooping value of $2.334 Trillion. However, from 20th December 2021 till 20th December 2022, the economy lost roughly $1.5 Trillion. Today, the global crypto economy is resting at a value which is less…
ADA price seems to gain strength for the next upside. Price has steadied beyond $0.38 before dipping into a sideways setup. Downward corrections to $0.35 might materialize if Cardano losses the floor at $0.40. Cardano’s price outlook is neither bearish nor bullish today, as the altcoin dipped into a sideways pattern near the $0.40 area….
Cardano flipped support at $0.438 to the nearest resistance on its 4Hr chart. ADA had its Binance funding rate turning positive. Cardano resorted to southbound movements within the past three weeks after ADA plateaued at the hurdle at $0.51 in September. As a result, the downturn comprised a trend-line resistance that persistently catalyzed selling rallies….
The Cardano Chain launched its much-anticipated Vasil upgrade on Thursday. However, it will take five more days for the developers to experience the upgrade’s capabilities. Cardano Foundation believes that the upgrade will boost the network performance. The name Vasil comes from Vasil St. Dabov, a Cardano supporter who unfortunately lost his life in 2021. Charles…
Ripple’s XRP and Cosmos’ ATOM are among the few assets with substantial upticks within the last 24 hours. Ethereum continues to dip after the awaited Merge. Bitcoin recorded further declines, moving beneath the south-after $20K. That saw the crypto hitting a week low around the $19K vicinity. Also, Ethereum remained down after the Ether 2.0-…
Cardano remains a few days from its Vasil update as we welcome September 2022. Meanwhile, expectations remain high, especially for pre-upgrade rallies, as that is often whenever a blockchain platform introduces massive changes. If Cardano’s Vasil satisfies the anticipations, market players can expect surged investor excitement in the upcoming days. Cardano’s bullish trials in August’s…
Charles Hoskinson, the founder of the Cardano ecosystem, has assured its community that the team will not delay the long-awaited Vasil hard fork anymore. It appears the news has pushed several investors to add more ADA to their crypto vault. Cardano Whales And Sharks Accumulate ADA According to reports, Cardano whales have bought ADA worth…
A panel of crypto industry professionals predicts that Cardano’s price will skyrocket to $2.93 and $6.53 by 2025 and 2030, respectively. However, analysts estimate that the coin will trade at only $0.63 by the end of 2022. As per statistics from CoinMarketCap, the coin is trading at about $0.436. By December, the coin may still…
At the start of June, the crypto market was bullish. Unfortunately, as of the 2nd of June, prices have dropped. Solana is not left out. Last week, the altcoin was down due to an outage in the blockchain. Consequently, this affected its trading price. The currency received much attention on the 27th of May after…
As 2021 nears an end, Charles Hoskinson shares his views on Cardano’s 2022 roadmap while contemplating the previous 12 months. Cardano’s founder Charles Hoskinson appeared on a YouTube Christmas broadcast, sharing some of the crypto project’s objectives in the coming year. He reflected on the success the entire crypto market and Cardano has had. Hoskinson…
After Tuesday’s mixed sessions, Bitcoin requires a move past $51,500 to expose levels past $53,000. In this Bitcoin’s technical analysis, we will evaluate price actions from yesterday and today, Fibonacci’s, pivot levels, resistance, and support. Moreover, we will explore the global market moves and any vital market drivers. Bitcoin’s Yesterday Price Moves Bitcoin (BTC/USD) surged…
Top cryptos in the financial space appear on a violent move this weekend. However, not all cryptocurrencies move in a similar direction. Let us dig deep. What Happened? If you have not checked your cryptocurrency in the past 48 hours, a lot may be waiting for you. The crypto space is in turbulence at the…
It has been reported that a new stablecoin is soon to be debuted through the Cardano blockchain. The new stablecoin will facilitate the network as a tool that would help run operations on the decentralized finance (DeFi) network. The main reason behind the launch of the new stablecoin is to avoid any transaction fees. It…
Briefly- Cardano has seen its price accumulating for more than one month now, suggesting incoming volatility. The current accumulation period appears to resemble the previous one from 18 2020 November to 5 January 2021. Cardano might surge to $8.4 even with a percentage of this fractal. Cardano (ADA) has witnessed its price hovering beyond a…
Bitcoin and other cryptocurrencies experienced mixed price actions over the past few sessions. Meanwhile, BTC has to climb back through the $48K levels to support the upside market momentum. Bitcoin On Thursday, BTC-USD climbed by 0.73%. With that, the dominant coin partially reversed Wednesday’s 1.67% plunge to end the day near $46,389.0. However, Bitcoin started…
Recently, a massive reward of up to $10,000 is up for grabs for hackers who are willing to participate in the Bug Bounty initiative, which had been created via a partnership with Cardano (ADA) and HackerOne. The goal of this program is to test for any and all performance-related problems which could end up leading…
Cardano founder Charles Hoskinson appears to enjoy the progress that Solana (SOL) has had. He congratulated them for their prosperity. Also, he wanted to understand the project’s details, asking where to find the necessary info. Solana was the first alternative asset to set a new record high after the May crash. Moreover, the coin posted…
Top coins see mixed reactions today following Thursday’s market movements. Bitcoin has to overpower the $48,000 level to return to the $50,000 mark. Bitcoin Thursday had BTC-USD rising by 4.57%. With Wednesday’s 0.06% surge, BTC traded at $46,765 towards the end of the day. Meanwhile, early sessions yesterday witnessed Bitcoin falling to morning lows of…
