Price Analysis
As Bitcoin attempts to find a bottom, altcoins continue to decline, opening up opportunities on the long and short side.
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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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This little project is expected to manage $70 million worth of ADA annually.
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Did ADA holders decide it was time to cash out some of the gains they made in the proceeding bull months?
6092 - Analysis
Ethereum 2.0 will lose the first-mover advantage its first iteration had. How does it stack up against the extensive competition in 2020?
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Will Ethereum Classic's community accept this new solution from Charles Hoskinson's IOHK?
11909 - Price Analysis
If the bearish patterns on Bitcoin and altcoins complete the current correction could see prices drop to new lows.
25342 - News
Will Cardano rely on its oracles or integrate Chainlink's?
25754 - News
Would a 20% block reward reduction matter in the long run?
7756 - Price Analysis
Bitcoin and altcoins are likely to remain range-bound in the short-term as the bulls and the bears attempt to assert their dominance.
34218 - Price Analysis
The bulls are aggressively defending the 20-day EMA in Bitcoin and select altcoins, which could result in the resumption of the uptrend.
28809 - Price Analysis
Bitcoin and several altcoins have formed bearish divergences, which suggests that the bullish momentum has weakened.
35811 - Price Analysis
Bitcoin and the altcoins continue to correct but lower levels are likely to attract buyers as the bullish macro trend has not changed.
33142 - Price Analysis
Bitcoin’s strong move above the $12,200 resistance could boost sentiment and lead to a stronger rally in select altcoins.
39121 - Price Analysis
Traders have turned bullish on Ethereum again and the strong break above $400 could pull Bitcoin and other altcoins higher.
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It’s a clash of the crypto titans.
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