If Bitcoin can reclaim the $12,200 level, several altcoins are likely to resume their uptrend.
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.
According to a leading blockchain security auditing firm, Cardano will become the second biggest DeFi platform behind Ethereum, dwarfing Tezos.11961
The strong recovery in Bitcoin and altcoins from their weekend lows suggests that the traders are aggressively buying each dip.25113
Bitcoin finally broke through the $11.2K resistance and Ethereum’s continued strength is likely to pull several altcoin prices higher.35555
Vitalik Buterin discusses how ETH 2.0’s randomness function could benefit future lotteries.8050
Bitcoin and most altcoins could consolidate for a couple of days before resuming their uptrend.31969
As Cardano prepares to migrate from the Byron to Shelley era with a planned hard fork, no interruption of service is expected.15268
In a recent YouTube AMA, Charles Hoskinson gave an update on the promotion of Cardano across the African continent.7426
Bitcoin has made a decisive move above $10,500, which is likely to boost sentiment and pull several altcoins higher.37875
Bitcoin finally moved above the $10K mark and analysis suggests that BTC and altcoins will continue to rally together.28199
Ethereum price looks to make a new 2020 high as Bitcoin bulls fight to hold BTC price above $9,600.27580
Bitcoin giveaway scammers are getting away with Bitcoin.11294
The IOHK and BeefChain partnership will trace beef from ranch to consumer, fighting beef fraud and improving food security.3605
Many altcoins could pick up momentum If Bitcoin and Ethereum break above key resistance levels in the coming days.20076
Most major altcoins have witnessed profit booking as traders become cautious about the future of Bitcoin’s price.21524