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Since the highs that were seen in July, Cardano (ADA) has seen a strong retracement against Bitcoin. The altcoin has collapsed by dozens of percent against the leading cryptocurrency, crushed despite a rally in many other crypto assets. Cardano may soon be able to outpace Bitcoin, though, according to a popular technical indicator that predicts…
Cardano (ADA) has been one of the strongest major cryptocurrencies throughout the past year. The token has been posting consistent gains since the start of the year, which has been driven by massive inflows of new investors as well as some positive fundamental developments. One such development would be the recent Shelley mainnet upgrade, which…
Over the past 24 hours, Cardano (ADA) has surged by 7%, reaching a price of $0.1485 as of this article’s writing. This is almost the highest that the asset has traded since the middle of 2018. Behind this news is an extremely strong fundamental event for the blockchain and its underlying cryptocurrency: the launch of…
While all eyes may now be on Bitcoin and Ethereum, Cardano (ADA) has been one of the best performing digital assets over the past day. According to data from Coin Market Cap, the popular altcoin has surged over 11% in the past 24 hours, moving towards $0.14 once again. As of this article’s writing, the…
Bitcoin dominance has been plummeting recently letting altcoins have their time in the crypto market spotlight for a change. But as altcoins begin to correct, BTC dominance is signaling that the asset is about to recover from the altcoin market’s rally against it. What does this mean for Bitcoin, and how will certain altcoins withstand…
Cardano’s intense uptrend has started showing signs of faltering as the aggregated cryptocurrency market flashes some warning signals. Although the token is still trading just a hair below its 2020 highs, it has now faced two harsh rejection at $0.135 – elucidating that this is a massive resistance level. Overnight, sellers pushed ADA to lows…
As Bitcoin sails on calm waters, its rival Cardano is up more than 36 percent already in the third quarter.Traders looking to diversify from the top yet flat cryptocurrency could pump Cardano further into July.The upside sentiment takes cues from the altcoin’s upgrade to proof-of-stake at the end of this month.When bitcoin traders get bored,…
One of the so-called “Ethereum killers,” Cardano has made it to the headlines of the cryptocurrency market after the 80% bull run it has seen over the past week. The increasing buying pressure behind it seems to be fueled by the progress the IOHK team has made to finally roll-out the Shelley upgrade.Chart of ADA…
Aside from Bitcoin, Cardano (ADA) has rapidly become one of the most popular cryptocurrencies over recent weeks by investors and traders alike.The prominent altcoin, which has re-entered the top-10, has recently been subject to a strong boost. Data indicates that ADA is up 150% since the start of 2020, outpacing Bitcoin by around five times…
Cardano’s Shelley public testnet is now live. From today, anyone interested in becoming a crypto stake pool operator can apply to do so.The Cardano team has, in the past, been heavily criticized by the crypto community over delayed releases. However, recent developments have answered those objections, much to the delight of Cardano supporters.Shelley Public Testnet…