Some crypto bulls are still holding out for a six-figure Bitcoin price. Let’s consult the charts and see where it’s heading in the short run.
Cardano
Cardano is a platform for maintaining the operations of Ada cryptocurrency. The platform is multilayered and gives the system the elasticity to be easily maintained and upgraded with a soft fork.
Cardano uses a Proof-of-Stake system, reducing the amount of electricity requirements and improving its scalability. The second feature of Cardano is its Recursive InterNetwork Architecture that allows for the existence of a subnetwork within a main network, which also makes it easier for a network to grow.
Cardano aims to become an “Internet of Blockchain,” making it possible for all cryptocurrencies to exist side by side and be converted from one to another without intermediaries. Cardano will also allow users to attach metadata to their transactions if they want to, making the network friendlier to banks and governments.
- Price Analysis
- News
by Helen Partz
Most of the top 20 cryptocurrencies have dropped today, with Cardano losing more than 4 percent while Tezos is up 5.7 percent.
- Market Analysis
As cryptos are currently rising from the bottom, the community has started hearing some bullish voices again.
- News
Most of the top 20 cryptocurrencies are reporting slight losses as Bitcoin stays over $4,000.
- Price Analysis
If the crypto markets bottom out, volumes will pick up. Let’s look at the charts, and see where major coins are heading in the short term.
- Price Analysis
Another multi-million dollar token sale that sold out in minutes on Binance Launchpad shows that appetite for new coins with strong use cases is returning.
- Price Analysis
Ethereum’s Joseph Lubin predicted this week that blockchain will make up more of the global economy in the coming decades.
- Market Analysis
The crypto market is looking at a tentative uptrend — let’s take a look at the coins leading the way.
- Price Analysis
Some experts are predicting another Bitcoin rally in August once fundamentals have improved.
- News
by Helen Partz
Cryptocurrencies see mixed signals on Wednesday, with Bitcoin briefly dropped below $3,900.
- Price Analysis
Numerous companies have been moving ahead with blockchain and crypto projects, showing interest from traditional players.
- News
Ethereum has the most developers working on its base protocol of all cryptocurrencies, not counting community project developers.
- Price Analysis
Endorsement of blockchain from heads of state shows that the time of the technology has come.
- News
Cryptocurrencies are today seeing a blood-red market rout, with virtually all of the top 20 coins posting losses of between 7 and 17 percent.
- Price Analysis
Institutional investors are getting more involved in the crypto space as fundamentals are improving.
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