Tag Archives: Cardano

ADA price started a downside correction from the $3.10 zone against the US Dollar. The price is now trading below $2.80 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $2.80 on the 4-hours chart (data feed via Bitfinex). The price could start another strong increase as long as it is above the $2.50 support zone. Cardano price is correcting gains below $2.80 against the US Dollar, similar to bitcoin. ADA price...

Data reveals that 64% of the pools of Cardano are already prepared for the upcoming fork that’s scheduled to take place on September 12th and would potentially introduce smart contracts to the network’s mainnet. Majority of Pools Alonzo-Ready As CryptoPotato reported earlier this month, the team behind Cardano managed to successfully implement a smart contracts capability on the Alonzo testnet. This allowed developers time to test out the protocol ahead of its mainnet...

The team behind the third-largest cryptocurrency by means of market capitalization – Cardano – announced that they’ve successfully added smart contract capabilities to the current testnet of the platform. Smart Contracts Live on Alonzo In an announcement made on September 2nd, Input Output – the research and development company behind Cardano – revealed that they’ve successfully updated the Alonzo testnet to now include Plutus smart contract capabilities. Yesterday, we...

ADA price started a fresh increase above the $2.50 resistance against the US Dollar. The price is now trading near $2.75 and the 55 simple moving average (4-hours). There is a key bullish flag pattern forming with resistance near $2.85 on the 4-hours chart (data feed via Bitfinex). The price could start another strong increase if it clears the $2.90 resistance zone in the near term. Cardano price is showing positive signs above $2.60 against the US Dollar, similar to...

Input-Output HK – development company and driving force behind Cardano (ADA) – joined forces with the European Business University of Luxemburg (EBU). Their goal is to make education in developing African countries more “accessible, affordable, and equitable.” Cardano’s New African Endeavors The research and development organization Input-Output HK (IOHK) announced the collaboration with the European Business Univerisity of Luxemburg (EBU) earlier this week: “We are pleased...

It was a compelling week in the cryptocurrency markets. It took bitcoin more than three months, but it finally did it this week – reaching the $50,000 price line for the first time since May. However, it also took less than 24 hours for the bears to get back in action and push it beneath that level. The primary cryptocurrency spent the next few days sliding south and bottomed yesterday at just over $46k, but it found support amid the 200-day moving average line. Despite...

With Cardano’s price skyrocketing to new all-time highs, the asset has garnered the attention of the cryptocurrency crowd. On-chain data from social media platforms confirmed that ADA had become the most talked-about digital asset in the past few days. ADA Takes Over Twitter It’s safe to say that Cardano’s native cryptocurrency has been on a roll since the start of the year. Looking at a more micro-scale, meaning in the past month, ADA has blown out of the water most of its...

ADA price started a fresh increase above the $2.20 resistance against the US Dollar. The price is now well above the $2.50 support and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $2.80 on the 4-hours chart (data feed via Bitfinex). The price could start another strong increase if it clears the $3.00 resistance zone in the near term. Cardano price is showing positive signs above $2.50 against the US Dollar, similar...

It’s been a wild ride over the past seven days, but this time bulls had the upper hand, bringing the total cryptocurrency market cap above $2 trillion once again. Let’s start with Bitcoin. It’s up almost 14% throughout the week, currently testing the important 200-MA resistance at around $46.7K, once again. It failed to breach it a couple of days ago, which sent the market into a short-term correction. However, bulls prevented any serious losses, and after less than a day of...

A Reddit user has outlined a fake website trying to copy and even promise more features than the verified Cardano (ADA) wallet – Daedalus. However, the copycat has a slightly different URL address. The user, going by the Reddit handle Tjaaark, posted on August 13th that a “fake Daedalus website is being marketed on Discord.” He advised users to be wary as the copycat had some notable differences from the verified one. For instance, the one marketed on Discord has an URL...