The US dollar’s rise has put brakes on Bitcoin’s price recovery, but lower levels are likely to attract buyers for BTC and altcoins such as DOGE.
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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Strong U.S. jobs data for January could not pull Bitcoin and select altcoins lower, indicating a strong bullish undercurrent.
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Crypto traders are waiting for the result of today’s FOMC and it’s possible that the recent downside could reverse course if Jerome Powell’s statements hint at an improving U.S. economy.
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After its successful security audit, the new overcollateralized stablecoin, Djed, from DeFi service provider COTI, deployed on the Cardano mainnet.
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Bitcoin and altcoins started the week in the red, but if this week’s Federal Reserve meeting aligns with investors’ general expectations, the wider crypto market could quickly rebound.
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Aptos’ star-studded founders and the market’s disbelief in the rally could further fuel the rise in APT price.
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Bitcoin and select altcoins continue to consolidate near their recent highs, increasing the possibility of an upside breakout.
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Bitcoin and the wider crypto market began to correct after the bullish momentum that drove last week’s rally to year-to-date highs started to fizzle out.
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The rally in stocks could be giving Bitcoin price a boost and the crypto market could see more fireworks if the Fed confirms investor expectation that rate hikes will slow down.
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An anomaly apparently caused around half of Cardano’s nodes to disconnect and restart over the weekend, with the root cause still under investigation.
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Bitcoin and altcoins appear to have shaken off the Genesis bankruptcy news by bouncing off their immediate support levels and rallying higher.
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Positive U.S. economic data initially propped up crypto and stock markets, but it appears that bulls lack the might to keep the rally rolling.
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Bitcoin’s chart shows a tug-of-war between bulls and bears, and this is having a slight impact on the upward price action of most altcoins.
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Bitcoin and select altcoins have risen above stiff overhead resistance levels, signaling that the bottoming process may have begun.
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The toolkit will allow for creators of sidechains to choose their own consensus mechanism and other application-specific features, whilst inheriting the security of the main chain.
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