Tag Archives: Cardano

Retail investors appear to have flooded the third-biggest cryptocurrency by market cap – Cardano’s ADA. Google searches have skyrocketed to new highs in the past few weeks, coinciding with the latest price record for the ADA token.Cardano Google Searches Through the RoofGoogle trends data is generally a good indicator of the behavior of retail investors, especially when it comes down to the cryptocurrency space. The number of Google searches for a specific token/project provides a rather...

ADA price extended its rally above the $1.250 resistance and $1.350 against the US Dollar. The price is trading nicely above the $1.200 support and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $1.180 on the 4-hours chart (data feed via Bitfinex). The price is likely to continue higher above the $1.30 unless there is a close below $1.150. Cardano price is trading in a strong uptrend above $1.000 against the US...

A few months following a Cardano integration, the DLT project Wolfram Blockchain Labs (WBL) has done the same with Tezos. As a result, developers working on blockchain analytics and computational contracts will be able to employ the Tezos network.WBL Integrates TezosWBL is a provider of distributed ledger technology (DLT) solutions that support the development of a wide variety of smart contracts and decentralized applications. It’s the blockchain subsidiary of Wolfram Research – the creator...

FD7 Ventures, the cryptocurrency-oriented fund that recently vowed to dispose of its BTC holdings for ADA and DOT, has set up a $250 million micro-fund focusing on investments in teams working on the ecosystems of Polkadot and Cardano.FD7 Goes to India for DOT and ADABased in Dubai, UAE, FD7 is a crypto-oriented investment fund with over $1 billion in assets under management (AUM). The firm recently announced somewhat bold plans to dispose of $750 million of its BTC holdings and allocate the...

The glory of conquering the title of the world’s third-largest cryptocurrency was short-lived for BNB, Binance’s native cryptocurrency, as a new rival dethroned it: Say hello to Prince Cardano!After a few weeks of spectacular price performance, ADA, the native cryptocurrency of the Cardano blockchain, managed to challenge the markets and raise its price during a bloodbath caused by bitcoin’s largest price drop in history, dethroning BNB in the process.Cardano (ADA) Is Laughing at the...

This week saw a serious correction in the total cryptocurrency market. This has resulted in Bitcoin falling below the $1 trillion market cap level. The price corrected by more than 20% at one point as it lost around $13,000 from the recent all-time high before correcting to where it currently trades at around $48K.In all fairness, Bitcoin’s downturn followed that of the entire legacy market. As we reported earlier, NASDAQ saw the biggest slump since October last year as government bond yields...

Cardano (ADA) is once again in the spotlight as its price fails to follow the current downtrend in the cryptocurrency market. In fact, ADA is currently up on almost all time frames, and it has managed to once again claim the third spot in terms of market capitalization.However, Anthony Sassano, one of Ethereum’s well-known proponents and investors, is of the opinion that it doesn’t have the fundamentals to be valued at 25% of Ethereum’s total capitalization.Cardano (ADA) Bulls Don’t...

Dubai-based cryptocurrency investment fund currently sitting on $1 billion in AUM believes that the value of Cardano and Polkadot will be higher than that of BTC in the upcoming years. Consequently, the fund has announced plans to dispose of $750 million of its Bitcoin holdings and expand its exposure to ADA and DOT instead.Crypto Fund To Replace BTC With DOT and ADAFD7 (Fall Down Seven Times) Ventures describes itself as a crypto-oriented investment fund that “invests in entrepreneurs who...

The decentralized open-source project running a public blockchain platform for smart contracts, Cardano, plans to implement several significant upgrades in the upcoming few months. During a recent interview, the project’s founder, Charles Hoskinson, also noted that Cardano has been negotiating potential partnerships with many industry names such as Celsius, Fireblocks, and Prime Trust.Significant Updates Coming for CardanoThe 33-year-old co-founder of Ethereum spoke about his current...

ADA price extended its rally and it even surged above the $1.00 resistance against the US Dollar.The price is trading nicely above the $0.9500 support and the 55 simple moving average (4-hours).There is a major bullish trend line forming with support near $0.9550 on the 4-hours chart (data feed via Bitfinex).The price is likely to continue higher above the $1.05 unless there is a close below $0.9500.Cardano price is trading in a strong uptrend above $0.9500 against the US Dollar, similar to...