Cardano

Cardano ADA

$0.0796
Market Cap $ 2.476 Bn (#12)
24h Volume $ 665.734 MM
Chg. 24h: -10.87%
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Cardano News

We're curious to find out what Cardano is up to! Join produc...

We're curious to find out what Cardano is up to! Join product director, Aparna Jue and discover what the… https://t.co/smS5LGd7bP

2 months ago

Litecoin and Cardano are able to communicate using @The_Bloc...

Litecoin and Cardano are able to communicate using @The_Blocknet’s decentralized blockchain router https://t.co/sUnJd0QALD

2 months ago

Cardano social mentions have surged following the July 1st p...

Cardano social mentions have surged following the July 1st pump. Mentions of $ADA and #Cardano on crypto social med… https://t.co/vjeGGQSWPx

3 months ago

Dr. Ben Goertzel will be live in 45 minutes at the Cardano S...

Dr. Ben Goertzel will be live in 45 minutes at the Cardano Summit! He will be speaking on "Why functional programmi… https://t.co/hXUiEPDHPR

3 months ago

@Peterspeaks Cardano (ADA) is indeed among the assets that c...

@Peterspeaks Cardano (ADA) is indeed among the assets that could be enabled as collateral options based on communit… https://t.co/QtFlfDoMmp

5 months ago

@NexoFinance @debasisroy19 You can vote for the Cardno (ADA)...

@NexoFinance @debasisroy19 You can vote for the Cardno (ADA) coin now from the following page -… https://t.co/69iHPsVCR9

6 months ago

@HigginzBoson @coingecko @tethergold Hi, the market pairs fo...

@HigginzBoson @coingecko @tethergold Hi, the market pairs for Cardano (ADA) is there; please click the "Market Pair… https://t.co/Y4Ha44VSGl

8 months ago

Cardano Releases Paper Describing Its EUTXO Smart Contract Implementation

The Cardano (ADA) project recently released a paper which details how smart contracts will be implemented as part of the upcoming Goguen update. The paper proposes an Extended UTXO model which was designed specifically as an improvement to Bitcoin’s pure UTXO architecture and easier to secure effectively than Ethereum’s account-based ledger. In ADA’s model, researchers introduced mechanisms that can split the execution of a smart contract into multiple transactions with each transaction output also having a data field which can contain arbitrary information connected to a particular smart contract. Full release dates have not yet been provided. (JF)

8 months ago

Cardano Foundation Signs Partnership with Crypto Valley's Finka to Help Launch Its Goguen Era

The Swiss-based non-profit Cardano Foundation recently scored a major partnership with Finka, which is located in Zug's Crypto Valley, during the World Economic Forum (WEF) in Davos, Switzerland. The letter of intent that was signed could potentially lead to Finka partnering with Cardano during its Goguen era. The goal of the Goguen era is to further enhance the network's capabilities by allowing users to create enterprise-level smart contract applications. The Zug-based Finka helps to cryptocurrency businesses from Europe and Latin America in an attempt to build a global network of blockchain projects. (JF)

8 months ago

Cardano Foundation Secures a Major Partnership in Davos

Today the Cardano Foundation announced that it had signed a letter of intent with Finka, a Zug-based company that helps crypto businesses from Europe and Latin America collaborate to build a global network of blockchain projects. Finka is expected to help Cardano transition to the Goguen Era as part of the network's focus on transitioning to full decentralization. The Goguen era upgrade is also expected to make it easier for users to develop enterprise-level smart contract applications. (RS)

8 months ago

461 Crypto Wallets Contain More than 40% of ETH, ADA, LTC and USDT in Circulation

Data gathered by Into the Block found that when compared against altcoins, Bitcoin is one of the most ‘democratic cryptocurrencies’ when one measures how much of the circulating supply is held by investors and holders. Currently, 40% of Cardano (ADA) in circulation are held by 39 wallet address and 154 wallet addresses hold 40% of Ethereum tokens. In fact, the researcher found that 461 wallets hold at least 40% of the top 4 cryptocurrencies. 128 addresses hold nearly 48% of all Litecoin (LTC) in circulation and the majority of these tokens are held on crypto exchanges. Large concentrations of altcoins' total supply being held by such a small number of wallets is concerning as many of the networks are gradually shifting to staking protocols. This means the whales holding large amounts of tokens will possibly have the option of exerting inordinate force over important network decisions. (RS)

8 months ago

Tron Exceeds Expectations As New Game Takes Off

In the last few hours, Tron gained more than 9% to reach a two-week high and touch the monthly resistance. While it failed to break its resistance, it still out-performed the rest of the market. It was the top-performing cryptocurrency yesterday. It is in close competition with Tezos and Cardano for the number 10 spot on the top cryptocurrencies by market cap. Most of it was fuelled by just.game, a decentralized game that just went live on the Tron network. The game pushes people to buy more gift boxes that might become valuable over time. The game's mechanics sound very similar to a pyramid scheme. Tron (TRX) is priced at $0.01437, gaining 1.9% in the last 24 hours. (VS)

9 months ago

Cardano's Shelly Surpasses 500 Stake Pools

In less than 10 days after Cardano launched the Shelly testnet, it has reached more than 500 staking pools. It has far surpassed the initial target of 100 pools. Cardano is now one of the largest proof-of-stake based cryptocurrency. Community members are awarded ADA for lending their holdings to create pools. Pool operators, on the other hand, have the opportunity to make much higher profits. At this pace, the number of pools is expected to reach 1,000 by the new year. Weiss Crypto Ratings recently listed ADA as one of the most undervalued cryptocurrencies due to its strong fundamentals. Cardano (ADA) is priced at $0.03326, gaining 0.76% in the last 24 hours. (VS)

9 months ago

Cardano (ADA) Can Now Be Staked on the Shelley Incentivized Testnet

The Cardano community has reason to rejoice as the Shelley Incentivised Testnet has officially launched and a new wallet has been released as indicated in the following tweet: It's here. The Daedalus Rewards wallet for the Shelley Incentivized Testnet is now available to download. Choose a pool, delegate your stake and earn real ada rewards#CardanoCommunity #ADA.” Cardano holders who had their ADA tokens in the Daedalus or Yoroi Wallet in time for the community snapshot on November 29th can now download the new testnet wallet and delegate their tokens to help secure the network. (JF)

9 months ago

Cardano Founder will Fight Crypto YouTuber in MMA Charity Match

Various crypto-media has reported that YouTuber ChicoCrypto and Cardano (ADA) Founder Charles Hoskinson will participate in an MMA match in order to raise funds for St. Judes Children’s Hospital. Hoskinson eagerly agreed to participate in the event and said, “Let’s raise a million for the kids”. ChicoCrypto also confirmed that he will participate in the fight and the event is scheduled to take place in August 2020. Both fighters now have roughly 9 months to prepare. (RS)

9 months ago

Cardano Launches Its Payment Gateway For Merchants

Cardano Foundation, the non-profit organization behind the development of Cardano Blockchain has just launched a payment gateway for merchants to use. Developed in partnership with enterprise-grade fintech platform Coti, merchants can accept Cardano payments with near-instant settlement in 35 different fiat currencies directly to their bank accounts. It can be integrated into merchant websites or as a QR code on point of sale systems. The gateway makes use of Coti’s Universal Payment Solution (UPS) to integrate with traditional financial infrastructure. Cardano (ADA) is priced at $0.0411, gaining 5.99% in the last 24 hours. (VS)

10 months ago

Charles Hoskinson Says 'Crypto is Unstoppable' and Bitcoin Will Hit $100,000 in the Near Future

Cardano (ADA) creator and Etherum co-founder Charles Hoskinson recently posted the following tweet to help keep the crypto community’s spirits up following the recent market downturn and not pay attention to the fear that is currently being spread: “Bitcoin's price is going down? Remember everyone, after the FUD, news trading and manipulation clears out, we still have a global movement that's going to change the world. We will see 10k BTC again and welcome 100k. Crypto is unstoppable. Crypto is the future.” (JF)

10 months ago

Weiss Crypto Ratings Says Cardano (ADA) is 'Clearly Superior to EOS'

Weiss Crypto Ratings recently made some waves in the crypto space through the following tweets comparing two popular cryptocurrency projects: “#Cardano is clearly superior to #EOS. EOS was first to market, but it’s becoming increasingly clear that of the two, Cardano is vastly superior. More details on this in subsequent tweets. Not only does #EOS have problems with centralization, but lately, the network has also been unable to process any transactions for anyone who doesn't have a substantial amount of EOS locked up and staked. This is a result of EOS trying to go with a feeless structure.” (JF)

10 months ago

Cardano (ADA) Prepares for Official Shelley Launch with Incentivised Testnet

Cardano is preparing for the full release of Shelly with the launch of an incentivized testnet which will reward ADA holders who chose to delegate their stake. With the launch of the Shelley phase, the Cardano blockchain protocol will move into a fully decentralized state and allow users to earn real rewards by taking part in the network consensus. A wallet snapshot will be taken on November 12th which will check the balances of official users’ wallets and verify eligibility to take part in the incentivized testnet. ADA earned on the testnet will be transferred to the mainnet once it’s live. (JF)

10 months ago

Terima kasih untuk dukungan dan partisipasi anda selama ini!...

Terima kasih untuk dukungan dan partisipasi anda selama ini! Tidak terasa sudah 9 bulan kami ada di Indonesia, dan… https://t.co/gYh5ta0gG1

10 months ago

Algorand and Cardano Receive Positive Feedback from Weiss Crypto Ratings

On Nov.4 a tweet from Weiss Crypto Ratings commended Cardano and Algorand for their efforts in solving many of the issues related to the CBC Casper Protocol. Weiss Crypto Ratings also gave positive feedback to Algorand for making notable strides while Ethereum was “wasting a lot of time, trying to reinvent the wheel.” Many developers have struggled to make proof-of-stake (PoS) decentralized networks functional and safe, a feat which Weiss Ratings says Algorand and Cardano have successfully addressed. (RS)

10 months ago

Charles Hoskinson: We are Trying to Get the Cardano Network Testnet as Stable as Possible

Cardano (ADA) co-founder Charles Hoskinson has used an unannounced Ask Me Anything (AMA) to update the Cardano community on progress made over the last month. He mentioned they had made some headway in fixing bugs that have been reported on the incentivized network testnet. Hoskinson told community members that efforts were currently targeted at making the testnet as stable as possible. He also revealed plans to branch the testnet into two different testnets—one stable network and another for experimental purposes. Users were informed that they could restore their wallets after the team picks a block and makes a snapshot on 12 November. (EA)

a year ago

Cardano Releases Update for its Daedalus Wallet

The team behind Cardano (ADA) has deployed an update to its Daedalus wallet. This comes a few days before the Shelley update is launched on the Cardano testnet. The new Daedalus 1.5 wallet has new features like a newsfeed function and a fresh verification system for recovery phrases. ADA, which has a market value of $1.09 billion, was one of the best performing digital assets in the past 24 hours. It gained 2%, trading at $0.0420 at the time of going to press. On October 28th, the coin topped at $0.0448, before gently descending to its current support at $0.040. (NE)

a year ago

Travala Adds Support For Cardano

Crypto travel platform Travala.com has added support for Cardano as a payment option. Starting today, users can book at over 1.65 million hotels globally. Additionally, Cardano users will receive 5% of their ADA back for all bookings until November 7th as a promotional offering. Travala has a portfolio of over 90,000 destinations in 230 countries. It also claims to have priced up to 40% cheaper than other mainstream online travel agencies. Travala currently supports 20 different cryptocurrencies in addition to traditional fiat payments such as credit cards, debit cards, and Paypal. (VS)

a year ago

#Lympo Co-founders: Ada, Marius, and Tadas are preparing for...

#Lympo Co-founders: Ada, Marius, and Tadas are preparing for #SDC19 in Silicon Valley. https://t.co/cgN9160mnW Th… https://t.co/geb8fV0X6c

a year ago

Cardano Partners COTI to Enable Merchants to Process Real-time ADA Transactions

The Cardano Foundation has announced a partnership with fintech platform COTI. the partnership is aimed at building an ADA payment gateway that will enable merchants to accept ADA payments that can be settled instantly in 35 different fiat currencies. This means merchants worldwide can integrate the new payment solution into their websites and receive ADA payments whilst their local currency is deposited into their bank accounts. The initiative is aimed at creating a universal payment system and promoting ADA adoption globally. This is one of the many projects projects the Cardano team has been working on releasing since the launch of its Shelley testnet. (EA)

a year ago

Cardano & New Balance Sign Kahwi Leonard as Brand Ambassador

Cardano and New Balance have enhanced their collaboration with the signing of Kahwi Leonard as their brand ambassador. Leonard, a basketball star from the LA Clippers, has been brought in as a brand face for the new blockchain-centric sneakers, the OMN1S. With this project, Cardano makes its foray into the blockchain's retail side. IOHK will use the Cardano blockchain for authentication of all OMN1S sneakers. According to Ian Fitzpatrick, the head of Digital Content at New Balance, the venture will make OMN1S owners feel more affiliated with the brand, while the shoes can be traced back to their rightful owners. (NE)

a year ago

Cardano and New Balance Create NB Realchain

Cardano and New Balance have announced their collaboration on the NB Realchain, a blockchain authentication system. The two parties aim at using the authentication system to protect the authenticity of the New Balance collector's edition sneakers. The blockchain-based solution allows New Balance customers to register their purchases on the Cardano blockchain which in turn verifies the product. This way, customers can be certain that they are buying authentic products. New Balance also benefits since the regain revenue lost due to the sale of fake shoes on the market. This is reportedly the first deployment of the Cardano blockchain for commercial purposes. (EA)

a year ago

Altseason Could Commence for These 4 Altcoins, Claims Trading-System Creator

The prices of some altcoins have been increasing throughout 2019. However, their rate of increase has lagged well behind that of Bitcoin. This has caused Bitcoin’s rate of dominance to increase significantly. While many people have been calling for the beginning of an ‘altseason’ for quite some time, the gains are yet to be seen. However, some alternate coins — most notably, Stellar — have increased. Additionally, others have shown signs of beginning upward trends. Technical analyst and creator of the “Waves & Particles Trading System” Mitoshi Kaku suggested the possibility of an uptrend for several altcoins. A few examples of coins having similar cycles and “W&P Pivots”. $XRP $LTC $ADA $ETH $ZEC $NEO Ichimoku on the 1W for all suggest the possibility of a nice trend, or a 6 month accumulation. #CryptoIkagi March-April 2020. https://t.co/yZQEPRqeim pic.twitter.com/NBW49gV7zs — Mitoshi Kaku (@CryptoSays) October 14, 2019 According to him, the Ichimoku cloud indicator on the weekly time-frame suggests the possibility of an uptrend for XRP, Litecoin (LTC), Ethereum (ETH) and Cardano (ADA). (However, the pictures attached in the tweet are of the monthly time-frame, with the projected period of the uptrend highlighted.) Let’s look at the coins individually — along with the Ichimoku cloud — and analyze this possibility. XRP Looking at the XRP price, we can see that it has posted a bullish close for six weeks in a row. This has caused it to move way above the conversion line (blue). Additionally, the latter has started to turn upward — possibly indicating that a bullish cross will occur. Also, the Ichimoku cloud is very far from the price — allowing for the possibility that the XRP price will increase until it reaches it. In early 2019, the XRP price traded within the extremely thick cloud but failed to break out above. Two possible price paths are outlined below: However, there are a few bearish indications: First, the XRP price is still below the baseline (red). Furthermore, the lagging span (green) is below the price — indicating that the uptrend has not yet begun. On another negative note, the cloud gets thicker in March, reducing the possibility of a breakout. Litecoin (LTC) The price of LTC is in a different position than that of XRP. It is below the conversion line, facing very close resistance from it. However, the projected cloud is positive until February of 2020. This hypothetically allows for a breakout above it — until it turns bearish. Similar to XRP, the price is below the baseline (red) and the lagging span is below the price — both providing a bearish outlook. Ethereum (ETH) The price of Ethereum has increased significantly for the past seven weeks — moving well above the conversion line. While the negative cloud is thick, it gets thinner throughout January and February — indicating weakened resistance. However, it is not far above the price — potentially only allowing for a very gradual increase. Again, the Ethereum price is below the baseline and the lagging span is below the price — both negative signs. Cardano (ADA) Finally, looking at the price of Cardano gives us similar bullish and bearish signs. The ADA price has moved above the conversion line for the first time since April 2019. Additionally, the cloud is very thin and is a long distance away from the current price. This is unlike the period from March - July — when the price was rejected by the cloud. The current position would allow for a gradual uptrend until April 2020. However, the projected cloud is still bearish. The price is below the baseline and the lagging span is below the price. These are all bearish signs. Summary Similar to what Mitoshi Kaku said, the position of the Ichimoku cloud allows for a gradual uptrend for periods between five and seven months. An interesting observation is a fact that, for all four altcoins, the lagging span is below the price. This is a sign that the uptrend has not yet begun. For individual characteristics: Cardano seems to have the highest potential for a gradual upward trend. Litecoin could initiate a rapid upward move in the near future. XRP is liable to do either an upward move followed by a retracement or a gradual uptrend. Ethereum seems to be the most likely to consolidate until April of 2020. Which one of the four coins do you think will perform the best until April 2020? Let us know in the comments below. Disclaimer: This article is not trading advice and should not be construed as such. Always consult a trained financial professional before investing in cryptocurrencies, as the market is particularly volatile. Images are courtesy of Shutterstock, TradingView. The post Altseason Could Commence for These 4 Altcoins, Claims Trading-System Creator appeared first on BeInCrypto.

a year ago

Tron Will Be Available To Institutional Investors Via BitGo Custody From November 8

Institutional investors have long been considered the holy grail of cryptocurrency adoption. In 2019 in particular, institutional interest seems to have picked up thanks to third-party cryptocurrency custody providers who lay the groundwork for institutional investors to safely enter the crypto space by introducing qualified storage solutions. One such third-party custody is BitGo. BitGo, based in Palo Alto, California, has recently announced the launch of a multi-signature wallet and custody service for Tron. With BitGo’s multi-sig, funds will be accessed using two or more keys owned by separate users. BitGo Adds Support For Tron In An Effort To Drive Institutional Adoption According to a medium post published on October 14 by TRON Foundation, BitGo will support the Tronix TRX asset from the 8th of November 2019. With this integration, BitGo clients interested in the custody of TRON will be able to do so in a “safe and compliant way.” BitGo has been working with Tron developers to build the first TRX institutional-grade multi-sig wallet. Per the BitGo team, this move to add support for Tron was made due to increased institutional demand for Tron. Speaking as to why the qualified custodian BitGo has added support for TRX, Benedict Chan, BitGo CTO, said: “TRON’s move towards on-chain, multi-sig opens the door for financial services clients who demand the highest levels of security.” Founder of Tron and CEO of BitTorrent Justin Sun tweeted about Tron’s commendable achievement, noting that the collaboration with BitGo will entail a further exploration of DeFi applications. He went ahead to state that this partnership will bring in institutional investors, thus increasing the adoption of TRX in addition to increasing its value: “We are excited to be supported by @BitGo, which will enable #TRON to further delve into various DeFi applications and we welcome them as a partner. BitGo’s support of TRON marks a milestone in enabling further institutional adoption for #TRX,” said Sun. Any Effect On The Price Of TRX? TRX has been performing well recently, even usurping Cardano to claim the 11th spot on the crypto rankings. In the cryptocurrency market, any positive news for crypto tends to ignite a short-lived surge for the asset in question. However, whether this BitGo partnership will stir a rally for TRX remains to be seen. But what is abundantly clear is that it will boost the institutional adoption of TRX, therefore increase the value of TRX in the long-term. The post Tron Will Be Available To Institutional Investors Via BitGo Custody From November 8 appeared first on ZyCrypto.

a year ago

Crypto Market And Bitcoin Could Rise Steadily: BCH, Litecoin, EOS, XLM Analysis

The total crypto market cap is showing positive signs above the $210.0B support area. Bitcoin price needs to surpass the $8,400 resistance area to continue higher in the near term. Litecoin (LTC) price is still struggling to climb above the key $60.00 resistance area. Bitcoin cash price is slowly rising towards the $235 resistance area. EOS price seems to be consolidating gains above the $3.050 and $3.000 support levels. Stellar (XLM) price is up more than 5% and it recently broke the $0.0650 resistance area. Bitcoin (BTC) and the crypto market cap are likely to rise steadily in the near term. Ethereum (ETH), LTC, ripple, bitcoin cash, EOS, TRX, and stellar are showing positive signs. Bitcoin Cash Price Analysis Recently, there was a minor downside correction in BCH price below the $225 level against the US Dollar. However, the BCH/USD pair remained well supported near the $215 level. The price is currently climbing higher and is trading nicely above the $225 level. On the upside, there are two important resistances near $235 and $240, above which the price is likely to accelerate gains towards the $250 and $265 resistance levels. Litecoin (LTC), EOS and Stellar (XLM) Price Analysis Litecoin price failed to gain momentum above the $58.00 and $60.00 resistance levels. However, LTC price is holding the $55.50 support area and it is currently trading in a range. Overall, it must surpass the key $60.00 resistance level to start a strong rise in the coming sessions. EOS price settled above the $3.050 support area and it is trading in a range. On the upside, the main hurdle is near the $3.250 and $3.300 levels. A successful break above the $3.3000 resistance area might start an increase towards the next hurdle near the $3.500 level. Stellar price is performing nicely above the $0.0600 pivot level. XLM price is up more than 5% today and it broke the $0.0620 and $0.0650 resistance levels. The next resistance is near the $0.0675, above which the price could revisit the $0.0695 and $0.0700 levels. Looking at the total cryptocurrency market cap 4-hours chart, there is a strong resistance forming near the $220.0B and $225.0B levels. If there is a successful close above $225.0B, the market cap could start a decent rise towards the $250.0B and $260.0B resistance levels. On the downside, an immediate support is near the $210.0B level, below which it could revisit $200.0B. Only a close below $200.0B may perhaps decrease chances of a decent increase. Overall, there are chances of a decent increase in bitcoin, Ethereum, EOS, litecoin, ripple, XLM, BCH, ADA, BNB, TRX, ICX, and other altcoins in the near term. The post Crypto Market And Bitcoin Could Rise Steadily: BCH, Litecoin, EOS, XLM Analysis appeared first on NewsBTC.

a year ago

Cardano Senior Manager Reveals All About Upcoming Testnet & Staking on the Network

The senior product manager at Cardano recently took part in an AMA session where the firm’s team announced the current status and plans for the launch of the Shelly testnet. The ambitious research-oriented blockchain Cardano has just celebrated its second birthday this month after a very successful 24 months of thorough research culminating in the launch of a testnet for the new era of its development, Shelly. Multiple members of the Cardano team were also in the AMA, which went live on Thursday last week, to talk about the current state of affairs for the testnet as well as revealing more details about what it will mean for user. David Esser was at the helm of the Ask Me Anything Session who was joined by Sam Leathers, the firm’s DevOps Engineer, Jörmungander engineer Nicolas Di Prima, education team leader Alejandro Garcia, and Jörmungander testnet product manager Dynal Patel. Esser states that the protocol has experienced some good times in the past few weeks with the Jörmungander integration (a node that implements the network that runs Cardano). They have also had some good responses from the community which Esser said was absolutely vital for the development of the protocol. But later on in the AMA, the team reveal that the network won’t just be for the users as CryptoSlate report: “IOHK, the company behind Cardano, the Cardano Foundation, and its venture arm Emurgo will all be running their own staking pools in Shelley’s testnet. While Esser said there was no specific plan set in place on how these large entities will delegate their ADA, their intent isn’t to compete with other stake pools on the network.” There are even rumours floating around about the Binance platform potentially adding in ADA to its staking platform. Esser admitted that he couldn’t speak for Binance but did add that the firm was working with other platforms to provide staking as a service. It will be interesting to see how this situation plays out. For more news on this and other crypto updates, keep it with CryptoDaily!

a year ago

Cardano Could Bring Ledger Integration With Shelly Mainnet Launch

Cardano co-founder Charles Hoskinson announced today that Cardano network's implementation of the upcoming Shelly mainnet has progressed very well and is all set to launch. The testnet launch will be incentivized through staking and delegation rewards. When asked about support for hardware wallets, a moderator on Cardano's subreddit said the development team is working towards bringing Shelly mainnet support to Ledger, Trezor, and other hardware wallets. While they wont be ready anytime before the snapshot, the mod confirmed that it will be available for the Shelly mainnet launch. Cardano (ADA) is priced at $0.04205, gaining 3.05% in the last 24 hours. (VS)

a year ago

Bitcoin Readies For Next Big Move After Slow Weekend

The weekend has been largely lethargic for Bitcoin and crypto markets with little movement out of their trading ranges. A couple of tests of resistance occurred but BTC was beaten back by the bears and quickly retreated to its support level. A breakout will come soon and traders are eyeing entry and exit zones. Bitcoin Fails to Break Resistance Since its very brief pump to $8,700 on Friday, BTC fell back to support at just above $8,300 and remained there for the duration of the weekend. Very little has happened to prices until late Sunday trading in the US session when they were pushed above $8,400 for a couple of hours. This too did not last with Bitcoin returning sharply to support again signaling a lack of buyers to take the asset higher. At the time of writing, Bitcoin had fallen below weekend support levels and was trading at around $8,280, just below its weekend support zone according to Tradingview.com. BTC price 1 hour chart - Tradingview.com A death cross appears inbound on the daily chart and this could be as soon as next weekend if the consolidation continues. The last time the 50 day moving average dropped below the 200 day MA was in March 2018 and a year-long bear market followed. Long term trader and analyst Nick Cote has eyed what he described as an ‘easy setup’ forming for Bitcoin. “Upside= $9,000 - $9,300 (Throwback level) Downside= $7,450 - $7,700 (Weekly support block) A good 9% move on each side of the break.” Easy set up forming on #bitcoin Daily inside bar pattern. Upside= $9,000 - $9,300 (Throwback level)Downside= $7,450 - $7,700 (Weekly support block) A good 9% move on each side of the break. The previous two inside bar setups I shared yielded 25% and 5% spot price movements. pic.twitter.com/mcGrCfAVEA — Nick Cote (@mBTCPizpie) October 14, 2019 Analysts were in two minds over the weekend as to BTC’s next move which it has yet to make by Monday morning. Traders appear to be waiting for confirmation before entering or exiting their positions. A break of support is likely to lead to another plunge to the high $7,000s and a break of that could get very messy very quickly. What About The Altcoins The picture is largely green as we start a new week in crypto land though gains are skinny for most altcoins. Ethereum has been weakening over the past couple of days following its big move to $195 on Friday. Until it can break the psychological $200 barrier independently of its big brother ETH will remain bearish. At the time of writing it was trading flat on the day at just above $180. Ripple’s XRP has made more progress today adding a further 4% to reach $0.285. However, it too is bearish at anything below its psychological $0.30 barrier. Other altcoins getting a marginal lift this Monday morning are Binance Coin topping $18 with 3.5%, and Stellar adding 2.5%. Tron has made 5% in a rare climb and Cardano is 3% higher today and the 0x protocol is one of the day’s top gainers adding 10%. Image from Shutterstock The post Bitcoin Readies For Next Big Move After Slow Weekend appeared first on NewsBTC.

a year ago

Cardano’s Shelley mainnet could include Ledger integration, reveals team

Cardano network’s implementation has been pretty successful, with the ecosystem led by Charles Hoskinson all set to launch the incentivized testnet for Shelley which involves real incentives in the form of staking and delegation rewards to stir participation. CEO of IOHK, Hoskinson had previously revealed that the testnet had received “remarkable participation as the network The post Cardano’s Shelley mainnet could include Ledger integration, reveals team appeared first on AMBCrypto.

a year ago

Crypto Market Cap And Bitcoin Holding Support: BCH, BNB, EOS, TRX Analysis

The total crypto market cap is currently holding the key $210.0B support area. Bitcoin price is also trading just above the $8,250 and $8,200 support levels. EOS price is showing positive signs above the $3.050 and $3.000 support levels. Binance Coin (BNB) is up more than 2% and it is trading nicely above the $18.00 resistance. BCH price is holding the $220 support and it could rise above the $235 resistance area. Tron (TRX) price is up around 4% and it is gaining pace above the $0.0162 resistance. The crypto market cap and bitcoin (BTC) are holding important supports. Ethereum (ETH), binance coin (BNB), ripple, BCH, tron (TRX), litecoin and EOS might climb higher. Bitcoin Cash Price Analysis In the past few hours, there were mostly range moves in BCH price above the $215 support against the US Dollar. The BCH/USD pair is slowly rising and it is trading near the $225 level. On the upside, a clear break above the $235 and $240 resistance levels is needed for more upsides in the near term. Conversely, a downside break below the $215 support area might push the price towards the $205 support area or the $200 pivot level. Binance Coin (BNB), EOS, Tron (TRX) Price Analysis EOS price is trading nicely above the $3.050 and $3.000 support levels. The price is showing positive signs above $3.100 and it could soon test the $3.200 and $3.250 levels. The main resistance on the upside for the bulls is near the $3.300 level. Tron price remained in a positive zone and it recently settled above the $0.0160 resistance level. TRX price is currently up around 4% and it is trading nicely above the $0.0162 level. The next key resistance on the upside is near the $0.0165 level. Binance coin (BNB) performed really well in the past two days and broke a few important resistances near the $7.50 level. BNB price even broke the $18.00 level and it is currently trading near the $18.20 level. On the upside, an immediate resistance is near the $18.50 level, above which it could test the $18.75 and $18.80 resistances. Looking at the total cryptocurrency market cap 4-hours chart, there was a spike towards the $230.0B level. It seems like the market cap failed to gain pace above the $225.0B resistance area. It is currently correcting lower below $220.0B, but holding an important support near the $210.0B level and the 100 SMA. If there is a downside break, the market cap could revisit the $200.0B support. If not, there could be a fresh increase in bitcoin, Ethereum, TRX, LTC, EOS, ripple, ADA, XLM, WTC, BCH, and ICX in the near term. The post Crypto Market Cap And Bitcoin Holding Support: BCH, BNB, EOS, TRX Analysis appeared first on NewsBTC.

a year ago

ADA Gains Foothold in the Decentralized Space as Cardano Plans Launch of the Incentivized Testnet for Shelley

The formidable Cardano project just celebrated its second anniversary this month after two years of extensive research that led to the launch of their new Testnet, called Shelley. Cardano Team recently held an AMA interview to respond to users’ questions about the new Testnet and the incentives. The AMA was conducted by David Esser and a few other members of the Cardano project. According to Esser, Cardano had a few really good weeks recently and the implementation of the new Jörmungander node had a really nice community response. Most Cardano users were really interested to know what kind of benefits they would get from the Testnet. The team has stated that they will be taking a snapshot of the blockchain to determine the number of users and ADA in it. The ADA coins stuck in the Testnet are actually not spendable, meaning that users cannot technically use them, however, they will earn some rewards which will not be automatically transferred to the Mainnet. Cardano will run their own staking pools in the new Testnet, which means the network won’t be delegated only to Cardano users. Esser also stated that the Cardano team is working hard with some of the best crypto exchanges to offer the staking support for ADA in the near future but didn’t reveal any specific details. The return rate of rewards from the staking pool will be fixed for everyone. The amount of ADA in the pool will not change this. Esser commented on the possibility of setting the reward to around 12% percent to allow Cardano to compete with the other top cryptocurrencies offering staking. Cardano users will also have the option to delegate their ADA coins to more than just one staking pool which means they will be able to maximize their profit as rewards will very likely diminish over time. The third phase of the Testnet will be coming out next week according to the Cardano Team. Additionally, a special version of the Daedalus wallet will be released. The post ADA Gains Foothold in the Decentralized Space as Cardano Plans Launch of the Incentivized Testnet for Shelley appeared first on ZyCrypto.

a year ago

Cardano Breaks Down Details of Shelley Incentivized Testnet

David Esser, the senior product manager at Cardano, discussed the state of the Shelley testnet as well as its details in a live AMA. Essar first touched on the successful implementation of Jörmungander, the node responsible for implementing the Cardano protocol. He then explained that Shelley is different from other testnets since it will use real staking and delegation rewards to incentivize participation. In a bid to have a more decentralized platform, measures have been put in place to ensure that rewards going to larger staking pools on the network are limited. Finally, the product manager assured community members that the deadlines for all updates will be met.(EA)

a year ago

Blockchain Code Names: The Meaning Behind the Monikers

In the software world, code names are everywhere. You’ve probably noticed that Google names Android updates after desserts (at least, until the latest one), and you might remember when Apple named OSX releases after wild cats. If you’re a Linux fan, you probably know that Debian releases are named after Toy Story characters. Many blockchain code names follow similar patterns. Of course, not all naming schemes are well-known, which highlights the importance of a well-chosen one. In a best-case scenario, code names can build hype for upcoming products. In a worst case scenario, they can be incomprehensible or inconsistent—described by some critics as a “mental tax” for confused customers. Blockchains frequently undergo major upgrades that can attract attention for weeks or months, meaning that a project’s code name may be in the news cycle for just as long. Code names don’t always make it through to the public, but when they do, they need to be good. Location, Location, Location Some projects use places in their naming scheme. For example, Nomadic Labs, a Tezos group, named the blockchain’s first upgrade “Athens.” It has suggested that future upgrades follow this model alphabetically: “City names provide a wide set to choose from for each letter, with even a bit of room to express things,” the group explains. Elsewhere, Ethereum is in the middle of its Metropolis series, a group of upgrades named after a theme: in Ethereum’s naming sequence and in real-life history, “Byzantium” became “Constantinople,” which in turn became “Istanbul.” Ethereum is, however, breaking with tradition for Ethereum 2.0, which is currently codenamed “Serenity.” Ethereum’s testnets, on the other hand, have code names based on lesser-known locations. Its Ropsten testnet seems to be named after a cape on the coast of Stockholm, Sweden. Plus, Ethereum also has “Morden,” “Olympia,” and “Kovan” testnets, seemingly named after locations in Manitoba, Greece, and Singapore respectively. Ethereum Classic is fond of fantasy locations: “Atlantis” was the namesake for its most recent upgrade, while Middle Earth’s Mordor is the name of its latest testnet. (Ethereum Classic hasn’t been afraid to branch out, though: when it disabled its difficulty bomb, it named the upgrade “Die Hard” in reference to the film franchise’s bomb plots.) Getting Names Down to a Science Some projects have taken inspiration from science, mathematics, and the arts. Cardano, for example, has named its roadmap after historical poets and scientists. Right now, the project is coming off of its “Byron” phase and entering its “Shelley” phase—named after Lord Byron and Percy Bysshe Shelley, two Romantic poets of the 1800s. Cardano’s future phases will be named after the computer scientist Joseph Goguen, the haiku master Matsuo Bashō, and the Enlightenment figure Voltaire. Plus, Cardano’s cryptocurrency (ADA) is named after an English mathematician and computer pioneer, Ada Lovelace (incidentally, the daughter of Lord Byron), and there are even development teams named after mathematicians. Meanwhile, Monero’s choices have a technobabble feel: its code names come from science-related terms and individuals. One recent Monero version was called “Hydrogen Helix,” while another was called “Wolfram Warptangent” (after the Monero contributor warptangent, who passed away in 2016, and the physicist Stephen Wolfram). Zcash, finally, draws inspiration from the natural world. Its naming scheme is based on plant growth: it has progressed from “Sprout” to “Sapling,” and it is now moving into the “Blossom” stage. This is a vivid naming scheme that doesn’t require any trivia knowledge—though it may reach a dead end when Zcash is fully-grown. Can Code Names Ever Be Iconic? Sapling, Shelley, and Serenity appear to be very successful blockchain code names—not as well known as their core project, but recognizable nonetheless. These three names are gaining traction as search terms—at least enough to show up on Google Trends. Since most other blockchain code names don’t even register, that’s a real distinction. Blockchain code name popularity, via Google Trends Of course, these names also represent big developments. Ethereum Serenity and Cardano Shelley will both introduce staking, while Zcash Sapling has already introduced highly efficient private transactions. Even though these well-known code names seem to have real appeal, the products behind them may be driving their recognition. In any case, code names can be an important part of branding. Whereas some blockchains have chosen to undergo all-out rebrands, code names can serve as a testing ground. Projects rarely stick to one naming scheme forever, meaning that they are a way to temporarily reinvent one’s image—and see how the crypto community responds. The post Blockchain Code Names: The Meaning Behind the Monikers appeared first on Crypto Briefing.

a year ago

Charles Hoskinson, Cardano Founder Says that the Crypto Market Would Collapse if Bitcoin Fails

Today, Bitcoin is seen by people as a flagship coin. It is a coin that people use to give an example when they are talking about cryptocurrency. And Charles Hoskinson, Ethereum founder and creator of Cardano, thinks that if Bitcoin failed, the entire crypto industry would collapse. He stated this during an interview for a podcast show “Off the Chain,” which was aired on October 10. According to Hoskinson, Bitcoin being a dominant currency, was never meant to replace the world’s financial system. He stated that it wasn’t the plan of bitcoin creators. He revealed many things during the interview, including talks about proof of work versus proof of stake. According to him, POW systems wouldn’t survive unless they find a way to evolve. He suggested trying to find a way where the computational work of the POW system gets some form of use. Hoskinson ended his discussion by saying that Bitcoin is the brand of all cryptocurrencies. He stated that the whole industry would fail if bitcoin collapses. (BB)

a year ago

Cardano set to breach falling wedge pattern, pushing price upward

The altcoin touched its six-month low in the first week of October plunging its prices to $0.0378. At press time ADA was trading at $0.0407, registering a fall of 1.05% on the 24-hour price chart. Although Cardano’s price has been declining since 9th October, key indicators suggested that it might be preparing for a short The post Cardano set to breach falling wedge pattern, pushing price upward appeared first on AMBCrypto.

a year ago

Charles Hoskinson Says Sustainability, Interoperability and Scalability are at the Core of Cardano

In an interview with Anthony Pompliano on the Off the Chain Podcast; Charles Hoskinson, the founder of Cardano; touched on the cryptocurrency project, how it differentiates itself and how it will grow. According to the founder, the project come out with three main areas to direct their attention. He revealed they wanted to build a platform that could serve any number of users. On interoperability, Hoskinson said it was important for the different systems in the market to communicate with each other. He also touched on the Shelley, the updated version of Cardano which he said is more decentralized than before. (EA)

a year ago

If Bitcoin Fails, Crypto Industry in for a Bad Time: Cardano Founder

Ethereum (ETH) co-founder turned Cardano (ADA) creator Charles Hoskinson believes that if Bitcoin (BTC) fails, the entire cryptocurrency industry could fail. Hoskinson made his remarks during an interview for the Off the Chain podcast on Oct. 10, hosted by Morgan Creek Digital Assets co-founder Anthony Pompliano. After multiple projects that included co-founding Ethereum, Hoskinson — a mathematician, cryptographer and entrepreneur — founded the peer-to-peer technology firm Input Output Hong Kong (IOHK) in 2015. As CEO of IOHK, Hoskinson created and launched the cryptocurrency Cardano in 2017, which uses a Proof-of-Stake (PoS) algorithm dubbed Ouroboros. Bitcoin: “blind, deaf and dumb by design” During the interview, Hoskinson reflected on Bitcoin’s origins, the parameters they set for subsequent projects, so-dubbed Bitcoin maximalism, and how Bitcoin’s future survival is intimately bound up with the fate of the entire industry. “One of the biggest problems with Bitcoin,” he began, “is that it’s blind, deaf and dumb and that was by design.” This was appropriate for its earliest ambitions, he said, proposing that the two core features of the Bitcoin experiment were “will Proof-of-Work evolve into a decentralized system and will the token achieve value?” Conversely, Bitcoin was never intended “to replicate the world financial system and also be fully compliant with that system, this was not in its scope.” Hoskinson critiqued Bitcoin Maximalists for taking Satoshi’s vision as “the gospel” and dismissing any deviation from it as wrong: “I can’t even make pull payments with Bitcoin and that’s the bread and butter of most of our commercial systems.” Maximalists should concede that Bitcoin’s not necessarily always fit-for-purpose, he said. And having to go off-chain to solve certain limitations isn’t the solution either: “You don’t solve your decentralized reality, your decentralized dream, by centralizing it. That’s philosophically incompatible.” “Bitcoin, frankly, is the brand of cryptocurrencies” Hoskinson’s comments on Bitcoin’s importance for the entire cryptocurrency space spun out of a discussion of the merits of Proof-of-Work (PoW) vs. Proof-of-Stake systems, and which of the two is more likely to survive. He made the case that PoW systems will only survive if they find a way to evolve in such a way that the work — computation — becomes useful, i.e. by monetizing excess computational capacity in order to establish a “marketplace for distributed computation.” Currently, he argued, those who are evangelical about the need to preserve an absolutely trustless protocol ignore the fact that PoW systems always federate in reality, being determined by who has access to subsidized power, data centers and specialized ASIC miners. Notwithstanding his vision of how the PoW space needs to evolve in order to overcome these shortcomings, he concluded with the robust acknowledgment that: “Bitcoin frankly is the brand of cryptocurrencies. We can’t say, oh, I’m going to succeed but Bitcoin’ll fail. if Bitcoin fails, the whole industry’s probably in for a really bad time.” As reported by Cointelegraph, Hoskinson had announced the roll-out of Cardano version 1.6 this August.

a year ago

Bitcoin's Trading Activity Against Stablecoin Pairs Grew to Over 40% in Q3

New data from a Binance Research report titled ‘2019 Q3 Crypto-Correlations Review’ concluded that despite a 30% drop in Bitcoin price, the digital asset’s dominance rate remained high throughout Q3. The researchers also found that more than 40% of all Bitcoin trading activity on Binance was against stablecoin pairs. The report found that altcoins fell by 38% to 60% during Q3 and Litecoin took the hardest hit as it lost 54.15%. Cardano lost 55.82% and Binance Coin dropped by 54.71%. Researchers also found that throughout Q3 “the average correlation between Bitcoin and most other large crypto assets remained in line with the previous quarter. (RS)

a year ago

Bitcoin Must Thrive Or The Crypto Industry Including Cardano Will Fail: Charles Hoskinson

During a recently published podcast, popular Cardano (ADA) Founder Charles Hoskinson, has said that the crypto sector is in for a very rough time and possible collapse if it so happens that Bitcoin goes down under. Hoskinson, who is also the Ethereum co-founder, started Cardano two years ago in 2017. The podcast is hosted by Morgan Creek Digital chief, Anthony “Pomp” Pompliano, and regularly interviews some of the biggest names in the crypto world. Hoskinson has also said that regardless of the fact that the fate of the entire sector is somewhat tied to Bitcoin, the world’s number one cryptocurrency is inherently flawed. He said: “One of the biggest problems with Bitcoin, is that it’s blind, deaf and dumb and that was by design.” According to him, such a design might be a good enough idea at inception but might be decisively limiting for the king coin. Hoskinson believes that deviating from the original Bitcoin blueprint is not a bad idea if the deviation is intended to increase the network’s efficiency. Stressing this, he further suggested that some of the problems Bitcoin is facing at the moment could be because it is being touted as the solution or at least an alternative to the available financial framework and expected to match. Hoskinson has stressed that Bitcoin was not created “to replicate the world financial system and also be fully compliant with that system. This was not in its scope.” He strongly believes that even though Satoshi’s plans are great and commendable enough, said provisions should not be strictly viewed as the actual fact. Hoskinson’s speech largely seems to hope for the best for Bitcoin, regardless of any limitations. To him, Proof-of-Work (PoW) systems can only grow and stand the test of time, if they are not rigid, and can evolve. Bitcoin should then be decisively worked on to evolve because if it doesn’t succeed, pretty much everyone else goes down with it. “Bitcoin frankly is the brand of cryptocurrencies. We can’t say, oh, I’m going to succeed but Bitcoin will fail. If Bitcoin fails, the whole industry’s probably in for a really bad time.” The post Bitcoin Must Thrive Or The Crypto Industry Including Cardano Will Fail: Charles Hoskinson appeared first on ZyCrypto.

a year ago

Charles Hoskinson: Cardano Focuses On Sustainability, Interoperability and Scalability

In a recent conversation with Anthony Pompliano, Charles Hoskinson, the founder of Cardano (ADA), talked about how the project is going to be growing in the future. He The post Charles Hoskinson: Cardano Focuses On Sustainability, Interoperability and Scalability appeared first on UseTheBitcoin.

a year ago

Crypto Market Cap And Bitcoin Could Rally: BCH, LTC, EOS, ADA Analysis

The total crypto market cap is holding a strong support area near the $220.0B level. Bitcoin price is consolidating above $8,500 and it could rally further in the near term. Litecoin (LTC) price must clear the $60.00 resistance area to continue higher. BCH price is facing a strong resistance near the $235 and $240 levels. EOS price is consolidating below the $3.250 and $3.300 resistance levels. Cardano (ADA) price is currently consolidating above the $0.0400 support area. The crypto market cap is showing positive signs along with bitcoin and Ethereum (ETH). Altcoins such as ripple, litecoin, BCH, EOS, tron (TRX), and ADA could slowly rise. Bitcoin Cash Price Analysis In the past two days, bitcoin cash price remained stable above the $210 and $215 levels against the US Dollar. Moreover, the BCH/USD pair made an attempt to climb above the $235 and $240 resistance levels, but it struggled to gain momentum. Thus, if there is a clear break above $240, the price could march towards $250. On the downside, the main support is near the $215 level. Therefore, below $215, the price could move back towards the key $205 and $200 support levels in the near term. Litecoin (LTC), EOS and Stellar (XLM) Price Analysis Litecoin price is consolidating above the $56.50 and $55.50 support levels. On the upside, there is a strong resistance forming near the $60.00 level, above which there are chances of a fresh increase towards the $65.00 and $68.00 levels. EOS price settled above the $3.050 pivot level and it is currently trading in a range. On the upside, there are a few hurdles near the $3.300 level, above which the price might surge towards the $3.500 level. On the downside a break below $3.000 could push the price into a bearish zone. Cardano price is currently consolidating above the $0.0400 support area. On the upside, an immediate resistance is near the $0.0425, above which the price is likely to climb higher towards the $0.0450 level. The next key resistance is near the $0.0485 and $0.0500 levels. Looking at the total cryptocurrency market cap hourly chart, there was a major upside break above the key $220.0B resistance level. The market cap is currently consolidating above the $220.0 level and it seems to be setting up for the next key break. If there is an upside break above $226.0B, the market cap could continue to rise. An immediate resistance is near the $235.0B and $240.0B levels. The next major resistance is near the $250.0B level. Overall, there are high chances of more upsides in bitcoin, Ethereum, EOS, litecoin, ripple, ADA, BCH, XLM, BNB, TRX, XMR, and other altcoins in the coming sessions. The post Crypto Market Cap And Bitcoin Could Rally: BCH, LTC, EOS, ADA Analysis appeared first on NewsBTC.

a year ago

Cardano will not succeed if Bitcoin fails: IOHK’s Charles Hoskinson

IOHK’s Charles Hoskinson has been pioneering the idea of building a fully decentralized ecosystem that eliminates Bitcoin‘s scalability issues. On a recent Anthony Pompliano podcast, he said, “Bitcoin is blind, deaf and dumb. And that was by design. You don’t solve your decentralized reality and your decentralized dream by by centralizing it. I’m sorry, that’s The post Cardano will not succeed if Bitcoin fails: IOHK’s Charles Hoskinson appeared first on AMBCrypto.

a year ago

Cardano to push for decentralization, performance through hardfork

Cardano’s Charles Hoskinson stands as one of the most active entrepreneurs when it comes to information sharing about cryptocurrency and new developments within the ecosystem. Although Hoskinson leads this development as a one-man show, he featured on Anthony Pompliano’s podcast to give his take on the thriving crypto-ecosystem. The crypto-enthusiast spoke about his various business The post Cardano to push for decentralization, performance through hardfork appeared first on AMBCrypto.

a year ago

Cashless Coworking Space In Japan Integrates Cardano

ToStart, the first established and cashless coworking space in Sasebo, Japan has integrated Cardano payments. The space targets a mix of content creators, web designers, programming engineers and entrepreneurs from various sectors. With 1,300 new coworking spaces popping up every month around the world, they've been working hard to come up with unique offerings. Emurgo, the commercial arm of Cardano has been working towards cardano adoption and pushing local merchants to start accepting the cryptocurrency. They also promote their in-house developed Yoroi Wallet in order to bring it more into the mainstream. In June, they brought Cardano payments at Yakiniku Tamura, a charcoal grill BBQ restaurant in Osaka run by Japanese comedian Kenji Tamura. Cardano (ADA) is priced at $0.04192, gaining 0.97% in the last 24 hours. (VS)

a year ago


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