Price Analysis
Bitcoin is witnessing profit-booking by short-term holders, but institutional investors continue to put money into BTC investment products.
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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.
- Price Analysis
Altcoins show compelling technical setups after Bitcoin price blew past $42,000 on December 4.
6054 - Market Analysis
Ethereum’s price rally toward $2,100 is driven by new developments in the layer-2 space and investors’ anticipation of a spot BTC ETF.
13412 - Price Analysis
Bitcoin price hit a new 2023 high on Dec.1 and multiple altcoins are following suit. Is the crypto market preparing for a Santa Claus rally?
7981 - Interview
Charles Hoskinson took a jab at the perceived inconsistency in applying decentralization standards by the U.S. SEC.
2831 - Price Analysis
Bitcoin is struggling to sustain above $38,000, but the bulls have not given up much ground, which some analysts say increases the chance of a rally to $40,000.
4825 - Price Analysis
Bitcoin is witnessing profit-booking near $38,000, but the correction is likely to be shallow as lower levels are likely to attract buyers.
3935 - Price Analysis
Bitcoin has risen above $38,000, clearing the path for a rally higher. Will altcoins follow?
8014 - News
The Cardano founder claimed that crypto entrepreneurs must comply with regulations or use completely decentralized systems in the future.
18626 - Price Analysis
The sharp rebound in Bitcoin and select altcoins suggests that bulls remain in charge and continue to buy at lower levels.
4973 - Price Analysis
The weakness in the U.S. Dollar Index suggests that risky assets such as Bitcoin and the S&P 500 Index may remain in favor of the buyers.
6029 - Price Analysis
Bitcoin and select altcoins are showing strength, a possible sign that the bull trend has resumed.
8850 - Price Analysis
Bitcoin opened the week with a shallow correction, but altcoin traders seem unaffected by the slight BTC price pullback.
5742 - Price Analysis
Bitcoin and Ether are leading the cryptocurrency markets from the front, but the risk of a short-term pullback remains.
8471 - Market Update
Three key data points highlight the 60-day strength shown by altcoins.
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