Tag Archives: Cardano

ADA price started a fresh increase after testing the $1.00 support against the US Dollar. The price is now trading above the $1.200 support and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $1.150 on the 4-hours chart (data feed via Bitfinex). The price is likely to continue high above the $1.300 and $1.348 resistance levels. Cardano price is rising and trading above $1.200 against the US Dollar, similar...

The University of Zurich has announced that they are adding Cardano to their “Deep Dive into Blockchain 2021” curriculum. It will be taught to students studying in the UZH Blockchain Center modules and is being posited as a ‘blockchain platform for changemakers, innovators, and visionaries’ to ‘bring about positive global change.’  Blockchain Education The course aims to teach students about several facets of blockchain technology: not just limited to their technical scope,...

IOHK CEO Charles Hoskinson has replied to critics calling Cardano a scam that has not been able to develop any smart contracts since its launch. Baseless Allegations Drive Investors Away  Responding to comments made by Bankless podcast co-owner David Hoffman, Hoskinson noted that over the years, podcasters had used their platform to level baseless allegations on Cardano, calling it a “scam.”  “It is one thing to say you’re skeptical [about Cardano]. It’s another to call [its...

ADA price started a strong decline from well above the $1.350 level against the US Dollar. The price is now well below the $1.300 support and the 55 simple moving average (4-hours). There was a break below a key contracting triangle with support near $1.305 on the 4-hours chart (data feed via Bitfinex). The price is likely to continue lower below the $1.100 and $1.050 support levels. Cardano price is declining and trading well below $1.200 against the US Dollar, similar...

Multinational blockchain technology company Emurgo initially announced the AgeUSD stablecoin in January 2021. The firm has since announced a partnership between the Ergo Foundation, Emurgo, and Charles Hoskinson’s Input-Output Global, the parent company of IOHK. The AgeUSD stablecoin will be available on Cardano as soon as smart contract capabilities are launched on the blockchain, it revealed. Do We Need Another Stablecoin? Emurgo aims to prevent events like MakerDAO’s Black...

ADA price started a strong increase above the $1.350 and $1.400 resistance levels against the US Dollar. The price is now above the $1.400 support and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $1.2600 on the 4-hours chart (data feed via Bitfinex). The price is likely to continue higher above the $1.550 and $1.600 resistance levels. Cardano price is trading with a positive bias above $1.450 against the US Dollar,...

The Cardano Foundation has partnered with a goods and products platform providing digital brand protection – Scantrust – to launch a supply chain traceability and anti-counterfeit solution. The first implementation saw the light of day with a Georgian artisan wine producer. The Cardano-Wine Connection The independent Swiss non-for-profit organization behind the popular Cardano blockchain announced its latest milestone earlier this week. After revealing the initial prototype...

By using its ecosystem venture fund dubbed cFund, Cardano has made its first investment in COTI. As part of the deal, the so-called “Finance on the blockchain” project will update the internally developed ADA Pay system to accommodate the upcoming Shelley mainnet. Cardano Invests in COTI Anchored by IOHK and managed by Wave Financial, cFund is a recently launched initiative that enables the parties behind It to “primarily” sponsor projects “synergistic with Cardano.” The...

ADA price failed to settle above $1.280 and corrected lower below $1.220 against the US Dollar. The price is now above the $1.160 support and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $1.220 on the 4-hours chart (data feed via Bitfinex). The price is likely to start a fresh rally once there is a clear break above the $1.220 resistance. Cardano price is trading above a major support at $1.160 against the US...

IOHK, the company behind Cardano, has partnered with Orion Protocol, becoming the first liquidity aggregator of the Cardano blockchain.  Orion has provided a non-custodial gateway to the crypto market by aggregating liquidity from crypto exchanges into a single DeFi platform. The partnership with Cardano comes after a series of integration to other protocols, such as Binance Smart Chain, Avalanche, and Elrond.  Cardano’s Bridge to the Crypto Market This partnership provides...