Gene Simmons, the legendary KISS bassist, has made another dip into cryptocurrencies. The famous musician has expressed his belief in Cardano, presuming 2021 would be “the most productive year” for the altcoin.Believing in the Future of CardanoRock star Gene Klein, aka Gene Simmons, has appeared in online social media with yet another pro-cryptocurrency commentary. This time KISS’s legendary bass guitarist has expressed his opinion on Cardano and its native digital coin ADA.In his recent...
Read More »Cardano (ADA) Mary Hard Fork Eyes Mainnet Launch on March 1
Cardano, a decentralized open-source project that runs a public blockchain platform for smart contracts, has recently released a date for its long-awaited Hard Fork Combinator (HFC) event dubbed “Mary.”Cardano To Launch Mary On March 1According to an update on Tuesday by the project’s founder, Charles Hoskinson, the network upgrade will take place on March 1, after the HFC has completed all the quality assurance and developer checks on February 24.Hoskinson stated that the event would take...
Read More »Cardano (ADA) Price Analysis: Why It Could Soon Test $1
ADA price traded towards the $1.00 resistance level before correcting lower against the US Dollar.The price dived below $0.8000, but it recovered and settled above the 55 simple moving average (4-hours).There was a break above a key bearish trend line with resistance near $0.8650 on the 4-hours chart (data feed via Kraken).The price is likely to continue higher above the $0.9000 and $0.9200 resistance levels in the near term.Cardano price is showing positive signs above $0.8500 against the US...
Read More »Market Cap Tops $1.5 Trillion as Polkadot Replaces Cardano on the Top 4 (Market Watch)
Over the past 24 hours, we saw the cryptocurrency market recovering from a mild correction that took place on early Monday morning. Bitcoin touched $50,000 for the first time, the total cryptocurrency market capitalization increased above $1.5 trillion, while Polkadot became the 4th biggest project by market cap, surpassing Cardano by an inch.Bitcoin Price Taps $50KFor the first time in history, the primary cryptocurrency tapped the coveted mark of $50,000. This is a major milestone for...
Read More »Bitcoin Sets a New All-Time High, is $50K Finally Incoming? (Market Watch)
Bitcoin is reminding of itself. The cryptocurrency saw an impressive increase of more than $2,000 in the past 12 hours. This allowed it to set a new all-time high above $49,000. It also had the BTC dominance index increase as altcoins chart mild drops.Bitcoin Price Eyes $50KThe past few days saw Bitcoin’s price being rather indecisive as the cryptocurrency was unable to follow through on its break to $49,000 and tumbled over.Since February 12th, BTC was trading in a range between $46K and...
Read More »Market Watch: Altcoins Skyrocket As Bitcoin Struggles Below $50K
It’s been mostly green on the cryptocurrency market over the past couple of days and this is especially true for the skyrocketing altcoins. The total market capitalization stands at around $1.45 trillion whereas bitcoin’s dominance has been reduced to 60.3%.Bitcoin Struggling Below $50,000Just yesterday, Bitcoin made another attempt to reach the coveted $50,000 mark but unfortunately, it was unable to do so. The cryptocurrency peaked at a high of exactly $49,000 on Bitstamp.At the time of...
Read More »Cardano (ADA) Price Analysis: Uptrend Intact Above $0.65
ADA price started a strong increase above the $0.6000 resistance level against the US Dollar.The price even cleared the $0.7000 level and settled above the 55 simple moving average (4-hours).There is a major bullish trend line forming with support near $0.6550 on the 4-hours chart (data feed via Kraken).The price is likely to continue higher above $0.7200 as long as it is above the $0.6500 support.Cardano price is holding gains above $0.6500 against the US Dollar, while bitcoin is surging....
Read More »Cardano (ADA) Price Analysis: Bullish Breakout Above $0.42 Likely
ADA price formed a strong support above the $0.3000 and $0.3100 levels against the US Dollar.The price broke the $0.3900 resistance and settled above the 55 simple moving average (4-hours).There was a break above a crucial contracting triangle with resistance near $0.3600 on the 4-hours chart (data feed via Kraken).The price is likely to continue high above $0.4200 as long as it is above the $0.3880 support.Cardano price is holding gains above $0.3800 against the US Dollar, while bitcoin is...
Read More »Cardano (ADA) Price Analysis: Bulls Eye Fresh Rally above $0.36
ADA price found support near $0.2780 and recovered above $0.3200 against the US Dollar.The price is now facing hurdles near $0.3500 and the 55 simple moving average (4-hours).There is a crucial contracting triangle forming with resistance near $0.3600 on the 4-hours chart (data feed via Kraken).The price is likely to start a fresh increase if it clears the key $0.3600 resistance zone.Cardano price is holding gains above $0.3200 against the US Dollar, while bitcoin is declining. ADA price is...
Read More »Cardano (ADA) Price Analysis: Dips Supported Near $0.32
ADA price rallied above the $0.3000 and $0.3500 resistance levels against the US Dollar.The price is now correcting gains from $0.3982 and it is well above the 55 simple moving average (4-hours).There is a crucial bullish trend line forming with support near $0.3220 on the 4-hours chart (data feed via Kraken).The price is likely to continue higher as long as it is above the $0.3200 support in the near term.Cardano price is correcting gains from the $0.4000 zone against the US Dollar, while...
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