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…
In the countdown to the Shelley mainnet launch at the end of this month, Cardano has released details of its staking reward system. The amount of staking reward is determined by several factors, such as the number of staking pools in operation, the saturation of a delegated pool, and block production efficiency. At present, all…
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…
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…
The last few days have been quite dramatic in the cryptocurrency industry, for Bitcoin to Cardano.On Monday, Bitcoin sliced through the $10,000 resistance level for the first time since the beginning of the year.Following the upswing, some of the most prominent analysts in the industry affirmed that the increasing rift between the U.S. and China…