Cardano (ADA) is up by over 11% over the past 24 hours and currently trades at $1.5800 in the mid-Monday session. This bull run is the largest one so far since the start of June. The recent market rally pushed Cardano’s market cap above the $49 billion price point. Regardless the market cap is still […]
ADA Price Analysis – May 11 When the bulls increase their momentum, the resistance level of $1.87 will be penetrated and the price may increase to the resistance level of $2.08 which may extend to $2.45 level. Should the sellers interrupt the bulls’ pressure and gain enough momentum, ADA/USD may decline to $1.64, $1.46 and […]
Cardano (ADA) recently released more information on its native programming language, Plutus, which network users can use to write smart contracts after the highly-anticipated Alonzo upgrade falls through. According to a blog post explanation by IOHK, the host company of Cardano, the Plutus contracts have parts that operate both on-chain and off-chain. The post also […]
ADA Price Analysis – April 06 Should the bulls are able to break up the price above $1.23 level, the resistance at $1.46 and $1.68 will be the target. Failure to break up the $1.23 level by the bulls may lead to the breakdown of $1.11 support level and the Cardano price may reduce to […]
ADA Price Analysis – March 30 When the bulls are able to push up the price above $1.23 level, the resistance at $1.46 and $1.68 will be the target. Inability to break up the $1.23 level by the bulls may result to further price consolidation. The support levels below current price are found at $1.11, […]
Charles Hoskinson, the founder of Cardano (ADA), recently announced that the company is witnessing “overwhelming demand” despite it still being in the second phase of its Goguen upgrade. Hoskinson noted that Cardano does not have the programmability facility at the moment, nor the smart contracts needed to meet the demand, but that didn’t stop companies […]
Cardano (ADA) has come into the spotlight following Coinbase’s announcement that it plans on listing the cryptocurrency on its retail platform, which triggered a +30% spike in the cryptocurrency. Before the news release, ADA had been trading in a sideways momentum for more than two weeks. That said, the third-largest cryptocurrency will become one of […]
Just two weeks after FD7 Ventures—a cryptocurrency-based investment fund led by Prakash Chand—announced that it was launching a $250 million fund in India geared towards investing in Cardano (ADA) and Polkadot, a recent report by Businesswire revealed that Chand was undertaking another Cardano project in Africa. In a joint effort with FD7, Ask The Doctor—a […]
Cardano is the world’s first decentralized blockchain solution ever to be academic, peer-reviewed. ADA is Cardano’s native cryptocurrency. Cardano was released in 2015 and it uses the Ouroboros proof of stake technology. Its main goal is to run a public blockchain platform for smart contracts and to make “positive global change”. So Cardano is the […]
