The Cardano Foundation teamed up with its official commercial arm – EMURGO – to launch a joint project. The main goal is to support the ecosystem of the blockchain protocol and accelerate decentralized application development. ‘We Want to Ensure We Enable The Architects of The Future’ According to a recent blog post, the project will consist of a Minimum Viable Product 1 and Minimum Viable Product 2. MVP1 will be composed of a modular tool stack built by Five Binaries (an...
Read More »Cardano (ADA) Price Analysis: Uptrend Intact Above $1.40
ADA price started a fresh increase from the $1.08 zone against the US Dollar. The price is now trading above $1.40 and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $1.44 on the 4-hours chart (data feed via Bitfinex). The price might start a fresh increase if it manages to stay above the $1.40 zone. Cardano price is gaining pace above $1.40 against the US Dollar, unlike bitcoin. ADA price could start another...
Read More »Cardano (ADA) Price Analysis: Bulls Aim Strong Recovery
ADA price started a fresh decline from the $1.35 resistance against the US Dollar. The price is now trading below $1.20 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $1.165 on the 4-hours chart (data feed via Bitfinex). The price might start a fresh increase if it manages to clear the $1.20 resistance zone. Cardano price is struggling below the $1.20 resistance against the US Dollar, unlike bitcoin. ADA price...
Read More »Fighting Climate Change: Cardano Foundation Plants Over 1M Trees
The Cardano Foundation – a non-profit leading Cardano’s development – has reached its first milestone towards land restoration in Kenya. It has successfully planted over 1 million trees, each of which will be recorded on the Cardano blockchain. Trees for TREE token Cardano Foundation CEO Frederik Gregaard announced the achievement on Sunday. He said that the foundation is attempting to position the blockchain as “a leader” in efforts to address climate change, and ultimately...
Read More »Cardano (ADA) Price Analysis: Risk of More Downsides Below $1.30
ADA price started a fresh decline from the $1.60 resistance against the US Dollar. The price is now trading below $1.40 and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $1.312 on the 4-hours chart (data feed via Bitfinex). The price might start a fresh increase if it manages to stay above the $1.30 support zone. Cardano price is struggling below the $1.32 resistance against the US Dollar, unlike bitcoin. ADA price...
Read More »Cardano Founder Charles Hoskinson Argues Regulators Will Clamp Down on NFTs in 2022
Charles Hoskinson, the founder of Cardano – one of the world’s leading blockchain projects – laid out some thought on the last day of 2021. Yesterday, he went live on an hour-long YouTube video, talking about the past, the present, and the future of Cardano and the industry as a whole. One of the things that Hoskinson mentioned in the video is that 2022 will probably be one of the best years for the industry and for Cardano, specifically. He also outlined that the market grew...
Read More »Charles Hoskinson: This is Cardano’s Roadmap For 2022
Charles Hoskinson, founder of IOHK – the foundation behind Cardano- has shared some of the project’s goals in 2022 via a live Christmas broadcast on Youtube. Hoskinson reflected on the growth of Cardano and the entire crypto industry. He mentioned the non-fungible token (NFT) revolution, the Decentralized Finance (DeFi) boom, and how hackers are targeting DeFi projects, leading to a loss of over $10.5 billion in 2021 alone. Speaking on Cardano’s achievements this year,...
Read More »Cardano (ADA) Price Analysis: Bulls Aim Fresh Increase Above $1.25
ADA price started a fresh decline from the $1.30 resistance against the US Dollar. The price is now trading below $1.25 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $1.27 on the 4-hours chart (data feed via Bitfinex). The price might start a fresh increase if there is a clear break above the $1.25 and $1.28 levels. Cardano price is struggling below the $1.30 resistance against the US Dollar, unlike bitcoin....
Read More »Wie funktioniert Cardano?
Cardano ist eine mehrschichtige Blockchain-Plattform, die auf Proof-Of-Stake basiert, in der Programmiersprache Haskell geschrieben ist und für die Erstellung dezentraler Anwendungen auf der Grundlage von Smart Contracts entwickelt wurde. Es ist sinnvoll, dass der Schöpfer von Cardano, der Mathematiker Charles Hoskinson, das Projekt Cardano nannte, um eine flexible und interoperable Art von programmierbarem Geld zu schaffen, das auf wissenschaftlichen Methoden basiert, die auf mathematischen...
Read More »Cardano (ADA) Price Analysis: $1.5 Holds The Key For More Gains
ADA price started a recovery wave above the $1.30 and $1.40 resistance levels against the US Dollar. The price is still trading below $1.50 and the 55 simple moving average (4-hours). There was a break above a major declining channel with resistance near $1.35 on the 4-hours chart (data feed via Bitfinex). The price might extend gains if it manages to clear the $1.50 resistance zone. Cardano price is struggling below the $1.50 resistance against the US Dollar, unlike...
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