Price Analysis
Several analysts claimed that Bitcoin bottomed at $80,000 and that the market has been reset. Do BTC and altcoin charts agree or reveal a different set of facts?
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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.
- News
The Cardano blockchain network suffered a temporary chain split on Friday due to an old software bug triggered by an abnormal transaction.
10181 - Price Analysis
Bitcoin has yet to find a bottom, but data suggests buyers were very interested in the abrupt dip to $80,000. Several altcoins are also approaching deep discount levels.
9662 - News
21Shares, one of the largest crypto ETF issuers with $8 billion in assets, continues to introduce more investment products in Europe as an influx of new crypto ETFs hits the US.
3315 - Price Analysis
Bulls are struggling to hold Bitcoin price above $90,000, but BTC and altcoin charts suggest new yearly lows are the most likely outcome for cryptocurrencies in the short term.
5977 - Price Analysis
Bitcoin attempted a recovery but is facing selling at higher levels, indicating that bears continue to sell on rallies.
5545 - News
A Cardano holder mistakenly turned $6.9 million worth of ADA into $847,695 million worth of a little-known stablecoin after using a highly illiquid trading pool.
5862 - Price Analysis
Bitcoin has broken below the psychologically crucial $100,000 level, signaling that the bears are in full control. The next strong support on the downside is at $87,800.
6694 - Price Analysis
Bitcoin bulls tried to spark a recovery, but were met with heavy selling pressure near $107,000. A similar fate awaited most altcoins, which sold off from their respective resistance levels.
4364 - Price Analysis
Bitcoin bulls have held the price above the critical $100,000 support level, but a shallow bounce increases the risk of a breakdown. Will altcoins gain ground while BTC searches for direction?
5496 - Price Analysis
Bitcoin bulls are aggressively defending the critical $100,000 support level, as a break below it may accelerate selling, potentially pulling BTC price below $87,800.
5567 - Price Analysis
Bitcoin and altcoins’ early November performance mirrors that of October, when the market disregarded historical trends and fell to new lows. Will bulls show any interest in buying the range lows?
6690 - Price Analysis
Bitcoin bulls defended the $107,000 level, but net outflows from spot Bitcoin ETFs increase the risk of a breakdown in the near term.
7639 - Price Analysis
Bitcoin swing traders took profits, and bears opened fresh shorts after BTC failed to recapture levels above $118,000. Will today’s FOMC presser kickstart a trend reversal in BTC and altcoins?
4517 - Price Analysis
Bitcoin and several major altcoins have started a strong recovery, but the relief rally is expected to face significant headwinds near major overhead resistance levels.
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