Price Analysis
Bitcoin and Ether look poised to hit new highs soon. Which altcoins could follow?
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Cardano (ADA) Crypto News
Cardano is a blockchain-based smart contract platform that aims to compete against similar platforms such as Ethereum, Tezos, and EOS, among others, through a more modular, layered protocol that runs on a proof-of-stake consensus algorithm called Ouroboros.
Identifying itself as a third-generation blockchain and cryptocurrency system following Bitcoin and Ethereum, Cardano’s development is quite different from its competitors in that it is heavily informed by theoretical, peer-reviewed research before implementation in software.
Its native cryptocurrency, ADA, is named after Ada Lovelace, a 19th-century writer and mathematician who has been referred to as the world’s first computer programmer.
Cardano’s development is backed by three companies: IOHK, a blockchain R&D company founded by Charles Hoskinson and Jeremy Wood; the Cardano Foundation, a nonprofit dedicated to Cardano adoption and development; and Emurgo, a venture capital firm based in Japan.
- Price Analysis
Bitcoin is facing selling near $123,218, but it remains on track to hit a new all-time high as long as it sustains above $117,000.
11416 - Price Analysis
Bitcoin could challenge the $120,000 to $123,218 resistance zone but crossing it may be a tough ask for the bulls.
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Bitcoin’s tight consolidation and Ether’s shallow pullback suggest a directional move could be around the corner.
15429 - News
Apex Fusion will debut Vector, a Cardano-aligned blockchain that claims instant finality and 10x transaction speed, at Rare Evo on Saturday.
5922 - Price Analysis
Bitcoin is trying to start a recovery from $112,000, but bears may pose a substantial challenge at $117,000 and then at $120,000.
9713 - News
Prior to the proposal passing, Cardano's Technical Steering Committee submitted a competing bid and users expressed concern about transparency and accountability.
5693 - Price Analysis
Bitcoin’s tight consolidation resolved to the downside, but the failure of the bears to sustain the lower levels could push the price to new all-time highs.
17190 - Price Analysis
Bitcoin’s tight consolidation just below $120,000 suggests the bulls are holding on to their positions as they anticipate an uptick in volatility.
12814 - Price Analysis
Data shows Bitcoin is preparing for a sharp breakout from its range-bound action in the next few days.
8057 - Price Analysis
Bitcoin is at risk of losing the $115,000 support, raising the chance that the recently started altcoin season could abruptly end.
17623 - Price Analysis
ADA bounces off $0.75 support as bulls eye a rally toward $1, but resistance at $0.94 could pose a challenge for the next leg higher.
2544 - Price Analysis
Bitcoin continues to face selling near $120,000, but the bulls have kept up the pressure, increasing the likelihood of an upside breakout.
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Cardano founder Charles Hoskinson says he will read the full audit report over a livestream when it is released next month.
15450 - Altcoin Watch
ADA price catches a bid as multiple bullish signals emerge and bull flag targets $2.70.
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