ADA price started a steady decline from the $1.00 resistance against the US Dollar. The price is now trading below $0.90 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $0.900 on the 4-hours chart (data feed via Bitfinex). The price could continue to move down if it fails to recover above the $0.900 resistance zone. Cardano price is declining below $0.90 against the US Dollar, similar to bitcoin. ADA price...
Read More »Cardano Integrates On-Chain KYC in Compliance With Regulations
Blockpass, a digital identity verification provider partnering with various crypto wallets and exchanges, has started offering KYC services to Cardano’s commercial arm, EMURGO. Cardano-based addresses will be added to the Blockpass App, and projects can directly access on-chain KYC services, if needed, to comply with regulatory requirements. Positioned as the axis of the Cardano ecosystem, EMURGO is responsible for developing the community’s NFT marketplace Fibo, Yoroi...
Read More »Cardano (ADA) Price Analysis: Key Breakout Zone Near $0.95
ADA price started a steady decline from the $1.10 resistance against the US Dollar. The price is now trading below $1.00 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $0.950 on the 4-hours chart (data feed via Bitfinex). The price could continue to move down if there is a break below the $0.880 support. Cardano price is declining below $1.00 against the US Dollar, similar to bitcoin. ADA price could start a...
Read More »Cardano Founder Explains What Users Should Expect From the Upcoming Vasil Hard Fork
On April 12, Charles Hoskinson, founder of Cardano, posted a “recap video” on his YouTube channel, explaining the new update that will make Cardano better after the “Vasil” hard fork. At the beginning of the video, Hoskinson mentioned that he was preparing for the upcoming Consensus 2022, which will take place in Austin, Texas, from June 9-12. There, he expects to show the crypto community and Cardano enthusiasts that IOHK and the Cardano development team are “open for...
Read More »Cardano (ADA) Price Analysis: Bears Aim More Downsides
ADA price started a strong decline from the $1.24 resistance against the US Dollar. The price is now trading below $1.10 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $1.00 on the 4-hours chart (data feed via Bitfinex). The price could continue to move down if there is a break below the $0.920 support. Cardano price is declining below $1.00 against the US Dollar, similar to bitcoin. ADA price could accelerate...
Read More »Cardano Foundation and University of Zurich Partner for Academic Blockchain Research
The Cardano Foundation – a non-profit overseeing Cardano’s development – has announced a three-year collaboration with the University of Zurich (UZH) to bolster academic blockchain research and education. The organizations’ research topics will include consensus protocol efficacy and Ouroborus attack vectors, among other things. Helping Cardano and All of Blockchain “Ouroborus” is the name of Cardano’s consensus mechanism, which Cardano.org calls “the first provably secure...
Read More »Cardano (ADA) Price Analysis: Bulls In Control Above $1.1
ADA price started a strong increase above the $1.1 resistance against the US Dollar. The price is now trading above $1.10 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $1.180 on the 4-hours chart (data feed via Bitfinex). The price could correct lower, but dips might be limited below $1.158. Cardano price is climbing above $1.15 against the US Dollar, similar to bitcoin. ADA price could continue to rise if there...
Read More »Retail Cardano Wallets Reached New All-Time High as ADA Jumped 5%
On-chain analysis has shown that the number of mid-size ADA addresses has reached ATH. This may have contributed to the recent rally of ADA breaking from the months-long downward channel and now sitting above $1.20. In contrast, addresses holding more than 10K ADA have reached ATL. This could be a warning sign that mega whales may have been gradually decreasing their exposure to ADA. According to the latest Cardano on-chain analysis provided by Santiment, the number of...
Read More »Snoop Dogg to Discuss Cardano Ecosystem with Charles Hoskinson
As the new quarter rolls in at full speed, Charles Hoskinson – the founder of Cardano – and Snoop Dogg, who needs no introduction, will discuss the Cardano ecosystem in a few days. Charles Hoskinson will be meeting Snoop Dogg to talk about the Cardano Ecosystem at Cardano360 on April 5th. This became clear earlier when both parties confirmed the happening. Yes, I’ll be with Snoop on the 5th. I have the best job in the world. – Said Hoskinson in a tweet. Snoop Dogg, on the...
Read More »WisdomTree Launches Three New Crypto ETPs Tracking Solana, Cardano, Polkadot
WisdomTree, a New York-based exchange-traded fund (ETF) sponsor and asset management firm, announced this week the launch of three new crypto ETPs. They will track the performance of Solana (SOL), Cardano (ADA), and Polkadot (DOT). WisdomTree Launches New Crypto ETPs According to the official announcement, the new ETPs dubbed WisdomTree Solana (SOLW), WisdomTree Cardano (ADAW), and WisdomTree Polkadot (DOTW) will give investors exposure to the prices of the underlying crypto...
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