Price Analysis
Bitcoin and altcoins are in a strong relief rally, but overhead resistance levels and expected comments from the Federal Reserve could impact the recovery.
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Cardano 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.
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DeFi enthusiasts might finally have a reason to move away from Ethereum.
3140 - News
''Get your shit together!" said Cardano founder Hoskinson to developers behind the two projects.
22193 - Price Analysis
Bitcoin and most altcoins have fallen to key support levels, but the current trading setup suggests traders lack the confidence to chase after an oversold bounce.
11646 - Price Analysis
Bitcoin and most major altcoins are close to breaking below critical support levels and traders’ reluctance to buy in the current range could exacerbate the sell-off.
27559 - News
The first DEX on Cardano launched on the mainnet to allow traders to perform swaps and add liquidity, but network congestion has slowed transactions processing.
21478 - Price Analysis
Sell pressure on BTC and altcoins is beginning to alleviate, but data suggests that it’s too early to call for a reversal.
15416 - Altcoin Watch
ADA bulls cranked the price higher as excitement mounts over the upcoming SundaeSwap DEX launch.
36794 - Analysis
Before investing your valuable resources, you should assess blockchain projects based on various factors, including community, use case, the team behind it, longevity, etc.
7792 - Price Analysis
Bitcoin and most major altcoins took a turn for the worse after BTC price dipped below $42,000.
18335 - Market Update
It may be all quiet on Jan. 17 in the absence of Wall Street, but Bitcoin markets might not stay that way for long.
21458 - Price Analysis
Right now, bulls are buying each dip and bears are selling the top of each rally, suggesting that BTC and altcoins will remain range-bound for some time.
19466 - Price Analysis
Bitcoin and most major altcoins have started a strong recovery that could reach overhead resistance levels where bears may mount a strong defense.
14984 - Price Analysis
Buyers stepped in to buy BTC’s dip to $39,650, but there are signs that the market-wide correction might not be over.
24391 - Altcoin Watch
Bitcoin's drop in the first ten days of 2022 is still less disappointing than some of its top crypto rivals that have fallen much harder.
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