Cardano (ADA) is once again in the spotlight as its price fails to follow the current downtrend in the cryptocurrency market. In fact, ADA is currently up on almost all time frames, and it has managed to once again claim the third spot in terms of market capitalization.However, Anthony Sassano, one of Ethereum’s well-known proponents and investors, is of the opinion that it doesn’t have the fundamentals to be valued at 25% of Ethereum’s total capitalization.Cardano (ADA) Bulls Don’t...
Read More »Cardano Price Analysis: Despite the Correction, ADA Eyes ATH Following 30% Weekly Surge
ADA/USD – Cardano Bulls Pushing For New ATHSKey Support Levels: $1.10, $1.00, $0.95..Key Resistance Levels: $1.20, $1.28, $1.34.Cardano has seen a marvelous bull run during the entire period of February, in which it managed to climb by a total of around 230%. Initially, in the first half of the month, the coin had seen resistance around $0.84 (1.618 Fib Extension). This resistance was finally broken last week as ADA set a new ATH price at $1.20.From there, the cryptocurrency started to trend...
Read More »Bitcoin Drops Below $50K, Major Altcoins in Red: Market Watch
After another unsuccessful attempt to decisively overcome the $50,000 price mark, Bitcoin has fallen to $49,000 again. Altcoins, which showed brief signs of recovery yesterday, have dropped again, with Ethereum beneath $1,600 and BNB back to $240.Bitcoin Drops Below $50,000 AgainThe past several days didn’t go well for the bitcoin bulls as the cryptocurrency plummeted by more than $13,000 in about a day or so at the start of the week. They attempted a rapid recovery, which drove the...
Read More »Charles Hoskinson Reveals Significant Updates for Cardano (ADA) as Price Attempts Recovery
The decentralized open-source project running a public blockchain platform for smart contracts, Cardano, plans to implement several significant upgrades in the upcoming few months. During a recent interview, the project’s founder, Charles Hoskinson, also noted that Cardano has been negotiating potential partnerships with many industry names such as Celsius, Fireblocks, and Prime Trust.Significant Updates Coming for CardanoThe 33-year-old co-founder of Ethereum spoke about his current...
Read More »Bitcoin Dipped $3500 Following New ATH At $57,500: ETH Below $2K Again (Market Watch)
After the latest price record above $57,500 and a subsequent sharp drop to $54,000, bitcoin has calmed around the $56K price mark (as of now). Most alternative coins have charted declines over the past 24 hours, except for UNI, which painted a new ATH north of $32.Bitcoin Stalls After The Latest ATH Set At $57.5KThe past week was quite positive for the primary cryptocurrency as it recovered from the brief dip to $46,000 decisively. In the following days, the asset gained more than $11,000 of...
Read More »Crypto Market Cap Breaks $1.7 Trillion: Polkadot (DOT) Now Top 4 After 20% Gains
Another day brings more breached milestones for the crypto field as the market cap has exploded above $1.7 trillion for a new record. This comes following ATHs for Bitcoin above $56,000, Ethereum (north of $2,000), and numerous other altcoins heading towards uncharted territory as well.Bitcoin Sees Yet Another ATHIt was just earlier this week when the primary cryptocurrency struggled around the $46,000 price tag after a sharp drop. However, the asset rapidly reversed the trend and started...
Read More »Cardano (ADA) Mary Hard Fork Eyes Mainnet Launch on March 1
Cardano, a decentralized open-source project that runs a public blockchain platform for smart contracts, has recently released a date for its long-awaited Hard Fork Combinator (HFC) event dubbed “Mary.”Cardano To Launch Mary On March 1According to an update on Tuesday by the project’s founder, Charles Hoskinson, the network upgrade will take place on March 1, after the HFC has completed all the quality assurance and developer checks on February 24.Hoskinson stated that the event would take...
Read More »Bitcoin Sets New ATH Above $51K as Altcoins Bleed Against BTC (Market Watch)
Bitcoin has done it again and painted yet another all-time high, this time above the $51,000 price tag. Most altcoins have fallen against their leader, and BTC has managed to increase its market dominance to above 62%.Bitcoin’s Latest ATH At Above $51KThe past several days have been quite turbulent for the primary cryptocurrency but ultimately positive. Just on Monday, bitcoin was nearing the coveted $50,000, but a sharp retracement drove it down to a low of $46,000.However, the bulls took...
Read More »Cardano Price Analysis: Following the Correction, $1 Inbound for ADA?
ADA/USD – Cardano Bulls Back On The OffesniveKey Support Levels: $0.813, $0.711, $0.629.Key Resistance Levels: $0.941, $1.00, $1.10.Cardano had pushed higher above an ascending price channel at the start of February and started to turn parabolic. It continued to surge until it met resistance at $0.941 (1.618 Fib Extension – red) last week.From there, ADA started to decrease. It managed to find support at $0.813 (.236 Fib) and defended this level pretty well. Yesterday, ADA did spike as low as...
Read More »Bitcoin Sets a New All-Time High, is $50K Finally Incoming? (Market Watch)
Bitcoin is reminding of itself. The cryptocurrency saw an impressive increase of more than $2,000 in the past 12 hours. This allowed it to set a new all-time high above $49,000. It also had the BTC dominance index increase as altcoins chart mild drops.Bitcoin Price Eyes $50KThe past few days saw Bitcoin’s price being rather indecisive as the cryptocurrency was unable to follow through on its break to $49,000 and tumbled over.Since February 12th, BTC was trading in a range between $46K and...
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