Tag Archives: Cardano

ADA price is correcting gains from the $0.422 zone against the US Dollar. The price is now trading above $0.395 and the 55 simple moving average (4-hours). There is a major contracting triangle forming with support near $0.395 on the 4-hours chart (data feed via Bitfinex). The price could gain resume its increase if it stays above the $0.395 and $0.384 support levels. Cardano price is correcting lower below $0.412 against the US Dollar, similar to bitcoin. ADA price...

Cardano Foundation The Cardano Foundation has announced today the appointment of Andreas Pletscher as its Chief Operating Officer (COO) and Nicolas Jacquemart as its Chief Legal Officer (CLO). Pletscher joins the Foundation from PwC while Jacquemart joins from FINMA, the Swiss financial market supervisory authority. Commenting on the appointments, Frederik Gregaard, CEO of the Cardano Foundation, stated: “I am thrilled to welcome Andreas and...

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Input Output Global (IOG), the organization behind the Cardano blockchain, has launched a valentine upgrade for its Standards for Efficient Cryptography (SECP) primitives on the network’s mainnet. With the update, developers can now use a broader range of native multi-signature designs to build secure and cost-effective decentralized applications (DApps). Happy St. Valentine’s day. 💙 We are pleased to report that the #Valentine upgrade – support for #Plutus SECP...

ADA price is trading in a bearish zone below the $0.40 support zone against the US Dollar. The price is now trading above $0.38 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $0.3750 on the 4-hours chart (data feed via Kraken). The price could continue to move down if it stays below the $0.3750 resistance zone. Cardano price is struggling below $0.38 against the US Dollar, similar to bitcoin. ADA price could...

ADA price is correcting gains from the $0.415 zone against the US Dollar. The price is now trading below $0.40 and the 55 simple moving average (4-hours). There was a break below a key rising channel with support near $0.388 on the 4-hours chart (data feed via Bitfinex). The price could gain resume its increase if it stays above the $0.370 and $0.365 support levels. Cardano price is correcting lower below $0.40 against the US Dollar, similar to bitcoin. ADA price could...

Over the past few weeks, traders and analysts everywhere have been talking about how great bitcoin and Ethereum are doing. We’ve also published a few articles talking about the January price booms witnessed by BTC investors. Bitcoin Is in a Good Spot, but What About the Rest? Ending the 2022 year in the mid-$16K range, it appears bitcoin has made its way back up the financial ladder and is now trading for more than $19,000, something we haven’t seen since mid-November of...

ADA price seems to be in a bullish zone above the $0.35 level against the US Dollar. The price is now trading above $0.36 and the 55 simple moving average (4-hours). There is a key rising channel forming with support near $0.368 on the 4-hours chart (data feed via Bitfinex). The price could gain resume its increase if it clears the $0.380 and $0.392 levels. Cardano price is showing positive signs above $0.355 against the US Dollar, similar to bitcoin. ADA price could...

Stablecoins have been one of the most controversial areas of the cryptocurrency industry. But this has not deterred industry leaders to bring about new pegged tokens built on a secure foundation. The much-awaited Djed – which happens to be Cardano’s native overcollateralized stablecoin – is set to launch this week. Developed jointly by the layer 1 blockchain network, COTI, along with core Input Output Global (IOG) devs, the stablecoin is expected to benefit the overall...

ADA price seems to be forming a support base above the $0.35 level against the US Dollar. The price is now trading above $0.35 and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $0.348 on the 4-hours chart (data feed via Bitfinex). The price could gain resume its increase if it clears the $0.380 and $0.388 levels. Cardano price is showing positive signs above $0.350 against the US Dollar, similar to...