Tag Archives: Cardano

The Nordic-based financial technology firm – Lunar – closed a $77 million financing round. The organization reached a valuation of $2 billion and introduced a cryptocurrency trading platform. Lunar Dives Into The Crypto Industry The Danish company Lunar secured a $77 million Series D-2 funding round, bringing the series’ total to $310 million. The investment was led by prominent financial backers such as Heartland, Kinnevik, Tencent, and IDC Ventures. Apart from the...

ADA price declined below $0.90 and $0.85 against the US Dollar. The price is now trading below $0.90 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $0.820 on the 4-hours chart (data feed via Bitfinex). The price could start a recovery wave if there is a move above $0.820 and $0.832. Cardano price is struggling below $0.90 against the US Dollar, similar to bitcoin. ADA price could start a recovery wave if there...

AdaSwap – one of Cardano’s first decentralized finance (DeFi) protocols – recently raised $2.6M to build a new decentralized exchange (DEX) native to the developing blockchain. Funding was led by iAngels – a female-led Venture Capital firm – and included nine other leading VCs such as Shima Capital, Pluto Digital, and Coti. Even the producer, model, and actress Gal Gadot, alongside producer Jaron Varsano, have taken part in the round. Explaining the AdaSwap DEX The AdaSwap...

The Cardano blockchain will have its first ZK rollup layer 2 solution – Orbis. The main objective is to support decentralized finance (DeFi) applications and a thriving blockchain ecosystem. A Wave of ZK Companies The official blog post by the team behind the protocol explained that Orbis offers the level of scalability and transaction throughput relevant for blockchain to transform into a “global financial system.” Similar to other zk-based solutions, the transactions will...

Shahaf Bar-Geffen is the CEO and founder of COTI Network, a blockchain-based payments network. Bar-Geffen has a rich background in the tech field, and, believe it or not, back in 2016, he sold a media company by the name of Web3 to Mccan Erickson Group (IPG). He also founded a company called Positive Mobile – one of the first venues to advertise on smartphones and a company that was also acquired later on. His crypto passion started in 2015 and became even more serious when...

ADA price declined below $1.00 and $0.92 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 $0.945 on the 4-hours chart (data feed via Bitfinex). The price could extend decline if there is a clear move below the $0.800 support zone. Cardano price is struggling below $1.00 against the US Dollar, unlike bitcoin. ADA price could start a recovery wave if...

ADA price declined below $1.12 and $1.10 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 $1.095 on the 4-hours chart (data feed via Bitfinex). The price could start a steady upward move if there is a clear break above the $1.10 resistance. Cardano price is struggling below $1.20 against the US Dollar, unlike bitcoin. ADA price could start another...

ADA price started a fresh increase above $1.10 against the US Dollar. The price is now trading above $1.10 and the 55 simple moving average (4-hours). There was a break above a major contracting triangle with resistance near $1.052 on the 4-hours chart (data feed via Bitfinex). The price could rise further, but it might face resistance near the $1.30 zone. Cardano price is gaining pace above $1.20 against the US Dollar, unlike bitcoin. ADA price could start another...

The number of unique wallets on the Cardano blockchain holding ADA has hit a new all-time high, surpassing the previous record from December 2021. ADA Wallets Hits 3 Million In a tweet today, the Proof-of-Stake blockchain announced that it had hit 3 million ADA wallets less than two months after it recorded a total number of 2.5 million addresses. 🎉3 MILLION #ada WALLETS!🚀#Cardano #CardanoCommunity pic.twitter.com/5iEjq89X8b — Cardano Community (@Cardano) February 3, 2022...

ADA price started a consolidation phase above $1.00 against the US Dollar. The price is now trading near $1.05 and the 55 simple moving average (4-hours). There is a major breakout pattern forming with resistance near $1.055 on the 4-hours chart (data feed via Bitfinex). The price might start a fresh increase if it manages to stay above the $1.00 zone. Cardano price is gaining pace above $1.02 against the US Dollar, similar to bitcoin. ADA price could start another...