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Tag Archives: Cardano

Cardano (ADA) Price Analysis: Bulls Aim Upside Break Above $2.3

ADA price is struggling to clear the $2.30 and $2.32 resistance levels against the US Dollar. The price is now trading near $2.20 and the 55 simple moving average (4-hours). There is a key contracting triangle forming with resistance near $2.26 on the 4-hours chart (data feed via Bitfinex). The price might start a steady increase if there is a close above $2.30 and $2.32. Cardano price is struggling below the $2.40 resistance against the US Dollar, unlike bitcoin. ADA...

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Bitcoin Cash Analysis: Key Resistance Near $550

Bitcoin cash price started a major decline below the $550 zone against the US Dollar. The price is now trading below the $520 zone and the 55 simple moving average (4-hours). There was a break above a key contracting triangle with resistance near $500 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair could continue to rise towards the main $550 and $555 resistance levels in the near term. Bitcoin cash price is eyeing recovery above $500 against...

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COTI to Release Bank Accounts and Visa Debit Cards

The digital fintech platform COTI has announced its latest products that will provide Visa debit cards and bank accounts to users. Its partner in the initiative is the financial institution Simplex. COTI’s New Services COTI (Currency Of The Internet) – a blockchain platform allowing organizations to build their own payment solutions – has expanded its product line. According to an announcement shared with CryptoPotato, it teamed up with the fintech firm Simplex to introduce...

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Cardano (ADA) Price Analysis: Risk of More Downsides Below $2

ADA price is struggling to clear the $2.32 and $2.45 resistance levels against the US Dollar. The price is now trading below $2.30 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $2.40 on the 4-hours chart (data feed via Bitfinex). The price remains at a risk of more downsides below $2.05 and $2.00. Cardano price is struggling below the $2.50 resistance against the US Dollar, similar to bitcoin. ADA price must...

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Emurgo Launched $100 Million Investment Fund to Power DeFi and NFT Projects Building on Cardano

Emurgo, the commercial branch of the Cardano ecosystem, has released a new product focusing on investing in startup protocols that want to build on the Cardano blockchain. This comes after several notable announcements from Charles Hoskinson’s team in the past few days. The official press release reads that the new investment vehicle, which will be a wholly-owned subsidiary of the parent company Emurgo, will have two separate branches with distinctive approaches. Emurgo...

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Cardano Will Soon Have Its First Stablecoin

Software development company COTI announced a few hours ago the issuance of the first stablecoin designed to run on Cardano. The news was first revealed by Charles Hoskinson, leader of Cardano, and Shahaf Bar-Geffen, CEO of COTI Group, at the Cardano Summit stage in Laramie, Wyoming. The Djed stablecoin will be issued on Cardano and will promote the growth of its nascent ecosystem, especially now that the blockchain is beginning to support smart contracts and markets have...

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Coinpanion: 1,8 Millionen Euro Seed-Finanzierung für Krypto-Investment-Start-up

Coinpanion ermöglicht jedem, ohne jegliches Vorwissen, automatisiert vom Kryptowährungs-Markt zu profitieren. Dabei kümmert sich das Start-up um alles, vom einfachen Markteinstieg bis hin zum automatischen Management der Kryptowährungen. Coinpanion verwaltet nach knapp einem Jahr bereits mehrere Millionen Euro für seine Kund*innen und erhält nun 1,8 Millionen Euro Seed-Investment von namhaften Investoren aus Deutschland und Österreich. Lead-Investor der Runde ist der deutsche High-Tech...

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Cardano Partners With Chainlink for DeFi Smart Contracts Development

InputOutput (IOKH), the technology company behind the Cardano open-source blockchain project, announced in the ongoing Cardano Summit 2021 that it has partnered with decentralized blockchain oracle network Chainlink. Tremendous Respect for Cardano As per the announcement, the partnership will see Cardano integrate Chainlink’s oracles to support developers as they prepare to start building smart contracts for decentralized finance (DeFi) applications. Recall that Cardano...

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Cardano is Partnering With American Telecom Service DISH Network

The strategic partnership aims to introduce Cardano’s blockchain technology to DISH’s telecom services, likely to boost Cardano’s adoption and benefiting DISH’s users with 8 million digital identities (D.I.D) on phones satellite. DISH and Cardano Speaking at the Cardano Summit 2021, Hoskinson said that while the main idea was to create a network where users can move seamlessly from one space to another, the underlying business infrastructure has remained “ossified.” “We think...

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COTI Charted New ATH Following a Partnership With Cardano’s Stablecoin Hub

COTI, an enterprise-grade fintech platform that empowers organizations to build their payment solutions, recently announced that it will be partnering with Cardano’s stablecoin hub, Ardana. The collaboration will introduce stablecoin crypto-to-fiat payments aimed at the Cardano community, in addition to consumers and merchants worldwide. Speaking in a statement, COTI’s CEO, Shahaf Bar-Geffen, said, “Today, COTI is doing its first steps in Defi over Cardano, which we believe...

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