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Cardano Is Standing at a Strong Support Level
31.1.2022
Along with his former colleague, Charles Hoskinson started the Cardano project in 2015. It uses proof of stake consensus known as Ouroboros. On the other hand, Ethereum relies on proof of work consensus. Indeed Cardano is more eco-friendly and sustainable, while Ethereum is more energy-intensive....
Cardano (ADA) Is a Buy on 2022 Network Growth Plans
12.1.2022
Cardano is a cryptocurrency that focuses on becoming a new standard of crypto design and PoS implementation. 2021 was an eventful year for Cardano because it achieved many milestones. Last year, it was recognized within the world of non-fungible tokens (NFTs) and added smart contracts functionality...
Cardano (ADA): Preparing for a Bullish Run in 2022!
21.12.2021
There are different digital currencies in the market, but Cardano is one of the leading currencies in the crypto world. It is also known as Japanese Ethereum. Experts believe it is one of the most undervalued cryptos in the list of top 10 cryptos. This year, the value of the ADA has skyrocketed....
Cardano (ADA) Shows Recovery but Struggles Around $1.5
7.12.2021
Cardano’s price has taken a bullish momentum after the plunge of December 4. Investors are hoping for a higher high to change the bearish momentum. It may consolidate in this range. Last week Cardano price crashed more than 25%, now it has bounced up to create a support level of around $1.38....
Cardano (ADA) Takes Support to Breach the $2.40 Resistance Level
10.11.2021
Despite holding on to the fourth position, Cardano faces stiff competition from Tether and Solana, which are trading with a market capitalization of $73 billion compared to that of ADA of $74 billion. Comparing the price over the last two months, ADA is certainly in a bad spot with 12% negative...
Cardano Stuck in a Negative Zone; ADA Could Breach Its $2 Support
19.10.2021
Despite losing over 30% of its value from its all-time high of $3.05, Cardano is still holding on to its fourth position amongst the leading cryptocurrencies. This could plainly indicate a decreasing buying sentiment across all cryptocurrencies, except BTC, ETH, and BNB. At present, the market...
Cardano (ADA) has been Mum for the Last Two Weeks!
5.10.2021
The lack of momentum on the ADA counter has slipped from the third spot to the fourth. Cardano is behind Binance Coin by roughly $1 billion. While USDT cryptocurrency is behind ADA by $2.8 billion. These values indicate a tough battle amongst these three cryptocurrencies for the third position....
US Mobile Operator Calls on Cardano
29.9.2021
Dish Network has entered into a strategic partnership with Input Output Global (IOG) to explore the US satellite television and cellular network group ( listed at Nasdaq ) with the help of the Cardano Blockchain. The announcement was made at the Cardano Summit of 2021 according to Cardano price...
COTI to Be the Official Djed Issuer for Cardano
28.9.2021
Djed is a new stablecoin by Cardano, a public blockchain platform. Djed, the algorithm-based stablecoin, uses smart contracts for price stabilization. Therefore, the coin can be used for Decentralized Finance (DeFi) services. Djed keeps a base of reserved coins within the Cardano ecosystem. It...
Cardano (ADA) Stumbles From Its Immediate Resistance of $2.4
24.9.2021
Cardano overtaking Tether in terms of market capitalization is not a small feat. Rather such a position gain comes at a time when the entire crypto market is underselling stress ranging from 10 to 50 percent. ADA holds steady above the market capitalization of $70 billion. Becoming a highly...
Red September: Cardano (ADA) Loses $1 Value So Far!
21.9.2021
Cardano (ADA) has created quite a complicated price action testing new levels on the upper end. But the downhill movement matches up to the positive up move that pushed the ADA price from $2 towards $3. The rally might be short-lived, but the positive scope is not limited by current profit booking....
Taurus Includes Cardano, Including Staking Capabilities
15.9.2021
Cardano has taken another giant stride in the digital assets market through its integration with the Swiss leader, Taurus. The well-known platform recently announced integrating Cardano (ADA) within its platform, alongside the staking capabilities. The integration will support the Alonzo hard fork...
Revuto Unveils R Fund: A Pioneering Initiative for Cardano Projects
13.9.2021
While Blockchain algorithm pervades the crypto world, there is an ever-increasing need for support to new ventures laying the firm foundation of their digital assets in the entire DeFi ecosystem. Revuto, one such blockchain venture, has launched its own niche R-Fund to support such upcoming...
Cardano Takes a Hit: Down by 24% from Its All-time High!
13.9.2021
Cardano outperformed the major market leaders by a huge gap in the recent gains it posted in August 2021. While September started on a positive note, it soon succumbed to sudden selling pressure across all cryptocurrencies. The fall in the last week shook the valuations and fundamental supports...
Smart Contracts Capabilities Are Now Available on Cardano
13.9.2021
Plutus Smart Contracts have been integrated into the Cardano mainnet with the help of the HFC protocol. It became eligible for such integrations after the hard fork combinator upgrade in HFC. As per the reports, the Alonzo upgrade will open doors to unimaginable possibilities for Cardano through...
Cardano (ADA) Gets a Renewed Buying Sentiment: Will It Sustain?
9.9.2021
Cardano has turned heads ever since it climbed to the third rank in terms of current market capitalization. Despite having a circulating supply of 45 billion coins, ADA has jumped more than 10% in the last 24 hours. It currently weighs at $83 billion in valuation, closing towards a 100 billion...
Cardano (ADA): the Gold in Disguise?
31.8.2021
Cardano has defied all others and created a fresh high, making the price action of April 2021 smaller in front of the August 2021 rally. Defying the expectations of stalling around $2.5, ADA hit a home run with a simple consideration and breakout pattern, which has been repeated more than three...
Cardano (ADA) Hits an ATH: Where will the Rally Consolidate?
24.8.2021
Cardano was set for a rally towards an all-time high, but a profit booking pushed ADA price back towards $2. After a brief consolidation, the coin managed to retrace to new levels, but a strong buying sentiment helped it give a breakout from $2.40, which ADA enthusiasts expected. At the current...
Will Cardano Rally Further Or Retrace After Hitting a New ATH?
16.8.2021
Cardano has the capability to solve three huge problems of the blockchain world, Interoperability, Scalability, and Sustainability. Becoming Internet of blockchains will surely enable it to offer a lot more features, but that will be taking some time. By the time, ADA grows to a massive extent...
Cardano Can Take on Bitcoin, Ethereum in the Long-term
6.8.2021
The brainchild of Charles Hoskinson, who has earlier been credited with co-founding Ethereum, has some promising potential in contrast with the latest happenings in the crypto world. Cardano was officially launched in September 2017, and in merely three years, ADA has reached fifth position...