Cardano Founder Charles Hoskinson shared his damning thoughts on the legacy financial system, concluding that cryptocurrency will take over because it offers a better way. The Banking System Brought This On Itself Much is said about the enmity between cryptocurrency and banking. While the banking system towers above cryptocurrency in terms of both capitalization and…
2021 will prove a pivotal year for Cardano, Polkadot, and Ethereum. While each has its merits, competition between the trio starts to heat up as we head into mid-year. Alonzo is on track for an August release, bringing smart contracts to Cardano. Polkadot is racing to finish parachain rollouts to enable on-chain governance. At the…
Cardano founder Charles Hoskinson said he chose Wyoming to base Input Output Global (IOG), and not Silicon Valley, because of the Valley’s “unhealthy” environment. The comments dispel the notion that tech firms need Silicon Valley to “make it.” What’s more, his candid account of trying to integrate into that culture delivers a humbling that some…
Charles Hoskinson teases the Cardano community with more talk of birds, this time in a tweet featuring an image of an exotic bird pictured next to John Hancock. The text accompanying it read: “For some reason, I have this strong desire to tweet these two pictures. Must be the blending of my ornithological endeavors with…
Cardano gained some positive traction in the early European trading hours Friday after erasing more than half of its bullish breakout move in the previous session. The blockchain asset, better known by its ticker ADA across markets, climbed more than 2.25 percent to $1.25 into the ongoing intraday session. Its move uphill started near a…
Cardano’s price gained over 25% this week and it broke the key $1.200 resistance zone. ADA is likely to continue higher above the $1.300 and $1.400 resistance levels. ADA is showing a lot of positive signs above the $1.200 pivot level against the US dollar. The price is trading nicely above $1.2000 and the 100…
Cardano’s price is struggling to clear the $1.200 resistance zone. ADA remains at a risk of more losses below the $1.050 and $1.020 support levels in the near term. ADA is struggling to recover, but it is still well above the $1.000 level against the US dollar. The price is still facing hurdles near $1.200…
Cardano Founder Charles Hoskinson gave an update on “birds,” saying they are still in the air but, much to his frustration, will land later than expected. He then reminded us, considering the scale of what Cardano is trying to achieve, these delays won’t matter in the long run. “Birds, Birds, Birds. There are definitely a…
Cardano (ADA/USD) bounces off a critical support trendline during the Asia-Pacific trading session Friday. The blockchain asset expects to close above key moving average waves on the prospect of turning into a multi-asset chain following its hard fork on March 1. Nonetheless, a death cross formation offsets the probability of more price legs higher. Levels…
Cardano’s price traded to a new multi-month high at $0.9860 before correcting lower. ADA declined over 20%, but it is likely to remain well bid near the $0.7000 level. ADA started a strong surge and climbed above $0.9000 before correcting lower against the US dollar. The price is still trading well above $0.7000 and the…