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The post Cardano partner EMURGO announces blockchain explorer Seiza appeared first on CoinReport.
Charles Hoskinson, the co-creator of both Cardano (ADA) and Ethereum (ETH), had a humbling Friday in New York City. The journeyman traveler, who commonly documents his trips around the world on social media, was all set to go live for an interview with Yahoo Finance, as part of a larger NYC media tour. However, Hoskinson […]
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Earlier this month, Brunch Pool announced that it plans to offer investors the opportunity to join likeminded stakers who want to help build the Cardano (ADA) ecosystem by paying a percentage of staking rewards to the foundation driving its development. Introducing Brunch Pool.https://t.co/6cfsnwmEdW — Brunch Pool | Cardano Stake Pool (@brunchpool) March 9, 2019 Cardano leverages […]
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IOHK, a leading blockchain research and development firm, announced two tools developed by a world-leading team for writing smart contracts for the Cardano blockchain. The apps are called Plutus and Marlowe and were launched in test format at the first PlutusFest conference in Edinburgh, Scotland. These powerful tools will enable start-ups, the financial services and
The post Cardano Founder Charles Hoskinson Explains Why ADA’s New Smart Contract Tools are a Boon for Fintech appeared first on CCN
Cardano (ADA) investors located in South Korea are now able to purchase prepaid ADA debit cards for a limited time starting today through December 4. The cards are made possible through a partnership with Metaps Plus, one of the leading South Korean mobile payment platforms. According to a rough translation of the announcement page, the cards […]
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Chart for ADA/USD (1W)
Cardano (ADA) has finally broken a historical downtrend and started a new cycle. This is a major achievement for Cardano (ADA) considering its aggressive correction left a lot of investors clueless as to what might be the future of this project. Cardano (ADA) received a lot of hype last year which soon put it in the top 10 league. However, as we have seen in the past, usually after a correction, new projects replace old projects in terms of ranking. For instance, once overhyped coins like Stratis, Factom and Augur are not so hot anymore. In fact, most new cryptocurrency investors may have not even heard of them, but there was once a time when these cryptocurrencies were a part of every altcoin investor’s portfolio.
It has been recently announced by IOHK that Trezor is currently undergoing its final preparations to support Cardano. The globally known hardware wallet, Trezor facilitate digital currencies to be stored and they are popular for being able to store the key to the wallet safely. The firm is a big manufacturer of hardware wallets and a big boost for security for the foundations native token is surely going to please a lot of people who have invested in it.
This announcement has come from Charles Hoskinson, who is the founder of Cardano, through his official Twitter account which suggests that this could be the case before next month.
Cardano (ADA) is perhaps the only large cap coin that most believe to be truly undervalued. The price has already broken resistance against Bitcoin (BTC) as shown by the ADA/BTC weekly chart. Just like the rest of the market, Cardano (ADA) is now waiting for Bitcoin (BTC) to make a move. We saw cryptocurrencies like Ripple (XRP) make independent moves in the past few weeks. However, Cardano (ADA) has remained below the 10 Week EMA. It is pertinent to note though that during the last few weeks, the 21 Week and 10 Week EMAs have come very close. It will thus be quite easy for Cardano (ADA) to pierce through a strong weekly resistance in no time once Bitcoin (BTC) gives it the green light.
A recent article on Hackernoon titled ‘What’s going on with Cardano?’ delves into the current state that Cardano is in.
The article starts off by addressing some of the basics of Cardano. The cryptocurrency related to Cardano is called ADA, as most of you will know, and Cardano is its ecosystem. Cardano has been running its own mainet since September of last year however, it is still a work in progress of which the roadmap project which could go on until 2020. After the roadmap is finished, Cardano will be a self-governing infrastructure layer which is governed through a liquid on-chain democracy where investors can decide the future of where the system is going. But until this point, Cardano is ‘federated’ by three entities.
Cardano (ADA) is trading at the lower half of the pitchfork on the ADA/BTC chart above. This means that the cryptocurrency has already completed its correction and formed a bottom. RSI conditions for ADA/BTC still show price action to be in downtrend even as it trades under oversold conditions. The VIX profile for the same ADA/BTC weekly chart also shows a strong sign of a bottom formation. The four consecutive green bars visible on the above chart confirm that Cardano (ADA) has formed a strong bottom and is now ready for a trend reversal.
The cryptocurrency markets have seen some interesting momentum today, even though no major price changes have occurred as of yet. Cardano is trying to note some solid gains right now, albeit reaching $ 0.08 seems to be a stretch too far. Even so, the positive momentum among altcoins can make for a rather interesting weekend.
After the troublesome year 2018 has proven to be so far, it is evident the remainder of 2018 will not necessarily offer any relief. All cryptocurrencies are still on the mend, and it seems the momentum isn’t changing in favor of either Bitcoin or altcoins at this time. Even small gains like the ones materializing today can offer a welcome reprieve.
The 9th biggest cryptocurrency in the world, according to CoinMarketCap, Cardano is in the green and seeing some small gains as it gains its feet. The open letter of Charles Hoskinson and the petition to get rid of the Cardano Foundation Chairmen is a hot topic in the market. Furthermore, Hoskinson shares the Cardano updates that will be coming in the near future.
Cardano has a market cap of $ 1.9 billion and is in the green by 0.63% at the current time of writing and so today has been a good day overall for the currency as it keeps up its upward momentum.
Goldman Sachs-backed Circle announced the launch of Circle Research on Wednesday, a new informational platform designed to provide insights into cryptocurrency assets and the larger market. According to the announcement, Circle aims to reduce the noise associated with crypto information by providing investors with a trusted source of objective analysis. “Reading dense and technical white papers, Twitter, Medium, […]
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Chart for ADA/USD (1W)
Cardano (ADA) is the cryptocurrency with the highest probability of being listed next on Coinbase. Cardano (ADA), which is supported by IOHK, is the firm run by Charles Hoskinson, the founder of Cardano (ADA). They are known for their low key style. They focus more on development and less on marketing. Recently, IOHK along with ETC Dev succeeded in getting Ethereum Classic (ETC) on Coinbase. That listing did surprise a lot of people when Ripple (XRP) was bypassed. However, the fact of the matter is that Coinbase has grown too big to toy around. They are only listing projects that have long term potential. Cardano (ADA) is one of those projects.
The vast majority of top 50 cryptocurrencies are noting strong gains as of right now. That is a very interesting, albeit somewhat surprising development. It did not appear such a trend would materialize this week, although these markets are unpredictable first and foremost. The Cardano price is on the verge of hitting $ 0.09 again, although no further gains are expected beyond that point.
Cardano, the platform underpinning ADA, the ninth largest cryptocurrency by market cap, is opening its doors to third-party developers through a new client, written in systems programing language Rust.
“As a project matures and grows, you need to satisfy the demands of different clients,” Charles Hoskinson, CEO at IOHK, the blockchain development company behind Cardano, told Bitcoin Magazine.
IOHK made the announcement on October 1, 2018, exactly one year after it launched Byron, the first version of Cardano’s settlement layer, which was built in the functional programming language Haskell. While Haskell works well for mission-critical code, Rust shines in areas like mobile, where performance matters. Rust was created by Mozilla for Firefox as a replacement for C++.
Chart for ADA/BTC (1W)
Cardano (ADA) has been the centre of attention among crypto enthusiasts for quite some time. Since its inception, this unique project has been considered a better alternative to Ethereum (ETH)’s scalability and proof of stake model. However, Cardano(ADA) is not alone to have such a solution. There are other cryptocurrencies with unique solutions to these problems that are considered undervalued. Cardano (ADA) on the other hand is often criticized as being overvalued.
Continue reading How Overvalued Is Cardano (ADA)? at Crypto Daily™.
San Francisco-based crypto exchange Kraken will list both Cardano (ADA), a leading blockchain platform for building decentralized applications, and Quantum (QTUM), a platform for implementing plug-and-play smart contract bridging functionality from both Bitcoin and Ethereum, today. Kraken to list two new assets – Cardano (ADA) and Quantum (QTUM). Trading in both starts Friday Sept 28! https://t.co/jcaVr0u9z7 — […]
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Cardano have hit the headlines once again this week with yet another exciting announcement. Infinito Wallet have finally announced that they now support the facilitation of Cardano’s ADA, making Infinito Wallet the world’s first mobile wallet for ADA.
What is Infinito Wallet?
Infinito Wallet is a mobile/smartphone wallet designed for the facilitation of smart contract based tokens, including Ethereum, EOS and NEO, as well as for the storage of more traditional cryptocurrencies like Bitcoin, Bitcoin Cash, Litecoin and Ethereum Classic.
Continue reading Cardano See’s Support From New Universal Mobile Wallet at Crypto Daily™.
Cardano may look to have remained still and silent over the past few months, but don’t let this fool you. Cardano is still one of the most promising and exciting blockchain projects around, with this, so is ADA, the native token to the Cardano project.
As it stands in today’s retracting market, ADA is looking a little unsettled. At the time of writing, ADA is valued at $ 0.076, down 8.97%. With an all time high exceeding $ 1.20, there’s a long way to go before ADA reaches its old heights once more, even so though we must remember that ADA is more than just an investment, it’s a part of a far bigger and far more exciting project.
