ADA price started a fresh decline from well above the $1.50 level against the US Dollar. The price is now trading well below $1.45 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $1.38 on the 4-hours chart (data feed via Bitfinex). The price is recovering, but it is likely to face sellers near the $1.38 and $1.40 levels. Cardano price is trading in a bearish zone below $1.40 against the US Dollar, similar to...
Read More »Cardano Will Be On Par With Ethereum: Interview With IOHK CTO (Exclusive)
2021 has been an incredible year for cryptocurrencies as we saw one of, if not the biggest, bull markets so far. This had the spotlight put over many projects, and Cardano was no exception – just on the contrary. The proof-of-stake blockchain platform enjoyed the attention of the entire cryptocurrency community and even celebrities and people from outside of it. After all, the legendary rock star Gene Simmons announced a $300K ADA buyback in February, attracting even more...
Read More »Elon Musk’s Tesla Should Accept ADA, Says Cardano Founder Charles Hoskinson
Charles Hoskinson – the founder of Cardano – stated that the project’s native cryptocurrency ADA is one of the greenest and most eco-friendly digital assets. He further opined that Tesla (TSLA) should choose it if it really cares about environmental sustainability. Tesla Should Go for Cardano (ADA) In a recent interview with Lex Fridman, Charles Hoskinson highlighted the benefits of his proof-of-stake blockchain platform Cardano. He noted that the PoS system is much better...
Read More »Ethereum Co-Founder Anthony Di Iorio Bets Big on the Future of Cardano and Polkadot
Anthony Di Iorio, a Canadian entrepreneur and the co-founder of leading smart contract platform Ethereum, said that he believes in the potential of Cardano (ADA) and Polkadot (DOT). In an interview with crypto proponent Anthony Pompliano, Di Iorio, who is also the CEO and founder of Canadian blockchain startup Decentral and crypto wallet Jaxx, revealed that he has a diversified investment portfolio featuring several top projects, including Cardano and Polkadot. A Big Fan of...
Read More »Bitrue Delegates 1 Million ADA Tokens for Staking to Support Cardano’s Decentralization
The popular cryptocurrency exchange Bitrue has delegated one million ADA tokens to a public stakepool. The company has done so on the 1LOVE stakepool to contribute to the blockchain project’s development and further enhance decentralization. Bitrue Delegates 1M ADA Tokens For Staking Launched in July 2018, Bitrue advertises itself as “the most secure and advanced online platform for buying, selling, transferring, and storing digital currencies.” According to a press release...
Read More »Cardano (ADA) Price Analysis: Risk of More Downsides Below $1.4
ADA price started a fresh decline after it failed to surpass $2.0 against the US Dollar. The price is now trading well below the $1.65 zone and the 55 simple moving average (4-hours). There was a break below a key bullish trend line with support near $1.68 on the 4-hours chart (data feed via Bitfinex). The price is declining and it could even slide further below $1.40 in the coming sessions. Cardano price is struggling to hold gains above $1.50 against the US Dollar,...
Read More »Ethereum-Preis in wenigen Tagen bei 3’600?
Steigt bald der Ethereum-Preis? Es ist reine Spekulation. Dennoch prognostizieren viele Chart-Analysten einen steigenden Ethereum-Preis. Angeblich soll der Preis um fast 1’000 US-Dollar auf knapp 4’000 US-Dollar steigen: #ethereum is ready to go higher for BITSTAMP:ETHUSD by YMGroup $ETH https://t.co/qoeRrtdzft pic.twitter.com/C8Hz1seb2E — BitcoinAgile (@bitcoinagile) June 7, 2021 Grund für den steigenden Ethereum-Preis? Ein wichtiger...
Read More »Mark Cuban Ironically Denies Referring to Cardano in DAO Assessment
While explaining the potential impact of decentralized autonomous organizations on legacy businesses, billionaire investor Mark Cuban, who recently joined the cryptocurrency space, ironically denied referring to Cardano’s blockchain. No, Not Cardano, Says Cuban Mark Cuban used to be among the many critiques of the cryptocurrency industry in the past. However, as it happened with quite a few of them, he changed his mind recently and has become a vocal proponent of blockchain...
Read More »Cardano’s Charles Hoskinson: Central Banks Will Vanish and Crypto Will Replace Them
Charles Hoskinson – the creator of Cardano – opined that central banks would fade away as they are slow and corrupt. Furthermore, he claimed that crypto is the cure to the current financial system. Crypto Is The Antidote In a recent video, Hoskinson shared his thoughts on the financial ecosystem and the significant role of cryptocurrencies. He opined that central banks are no longer the efficient institutions they used to be, describing them as slow and corrupt. Hoskinson...
Read More »Charles Hoskinson Lists 3 Reasons Why Cardano Is Better Than Ethereum
Charles Hoskinson – the founder of the blockchain platform Cardano – revealed his three reasons why Ethereum falls behind his project. Additionally, he scratched the topic of BTC’s energy consumption. Why Cardano Is Superior to Ethereum? In a recent Yahoo Finance interview, Cardano’s founder Charles Hoskinson criticized Ethereum’s network by calling it overrated and outlining a lack of vital qualities. First, Ethereum can only process smart contracts while the rival Cardano...
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