Cardano Sees Over 40,000 Smart Contracts Deployed 4 Days After Alonzo HFC, How This Affects The Price

Smart contracts have become a reality on the Cardano network after September 12th. After the Alonzo Hard Fork Combinator launch, developers could now go ahead and start creating smart contracts on the ecosystem. This would aid in developers creating decentralized applications (DApps) to provide decentralized finance (DeFi) services to the users of the blockchain. With… Continue reading Cardano Sees Over 40,000 Smart Contracts Deployed 4 Days After Alonzo HFC, How This Affects The Price

Sell the news? ADA price drops 10% following Cardano’s long-awaited smart contracts rollout

The price of Cardano (ADA) fell on Monday in line with the other top cryptocurrencies despite the completion of its hard fork upgrade dubbed “Alonzo,” which introduced smart contract functionality. The ADA/USD exchange rate dropped 10.67% to reach its intraday low of $2.30, partly due to profit-taking sentiment among traders following the pair’s 1,200%-plus price… Continue reading Sell the news? ADA price drops 10% following Cardano’s long-awaited smart contracts rollout

Cardano ($ADA) Surges Over 13%, Crypto Analyst Says ‘Might Be Ready for $5’

On Saturday (September 11), Cardano’s $ADA token is highest percentage gainer among the top 10 cryptoassets with a nearly 14% surge in the past 24-hour period that has only helped to further solidify its third place position in the coin market cap table. According to data by TradingView, currently (as of 19:06 UTC on September… Continue reading Cardano ($ADA) Surges Over 13%, Crypto Analyst Says ‘Might Be Ready for $5’

This is why ADA has soared 16 times this year

Crypto markets are prospering today, especially the altcoins. Currently, the popular altcoin ADA, Cardano’s native coin, continuously registered its all-time highs since August 19th, surpassing the previous record of $2.47 on May 16th. As of May 2021, Cardano is the fifth-biggest cryptocurrency by market capitalization. Three months passed by, it became the third-largest one, behind… Continue reading This is why ADA has soared 16 times this year

Cardano (ADA) Price Analysis: Key Support Nearby At $2.50

Cardano price is correcting gains below $2.80 against the US Dollar, similar to bitcoin. ADA price must stay above $2.50 to continue higher in the near term. Cardano Price Analysis After a close above the $2.50 level, cardano price started another increase against the US Dollar. The ADA/USD pair broke the $2.80 resistance to move… Continue reading Cardano (ADA) Price Analysis: Key Support Nearby At $2.50

ADA price hits $3 for the first time as Cardano, Ethereum lead crypto ‘super bull cycle’

Cardano’s ADA token surged to new all-time highs on Thursday as an altcoin comeback gripped cryptocurrency markets. Cardano joins Ether in serious gains Data from Cointelegraph Markets Pro and TradingView showed ADA/USD clipping $3.06 during trading Thursday. Having shown strength for multiple weeks, Cardano benefited from a broader altcoin resurgence after attempting to hit the… Continue reading ADA price hits $3 for the first time as Cardano, Ethereum lead crypto ‘super bull cycle’

Cardano Sees Highest Ever Weekly Inflow Into $ADA Investment Products

According to a report released on Monday (August 30) by CoinShares, which is Europe’s largest digital asset investment firm, last week, Cardano investment products had their highest weekly inflow ever. CoinShares’ Digital Asset Fund Flows Weekly report is “a brief synopsis covering investment inflows and outflows in popular ETPs, mutual funds, and OTC trusts referencing bitcoin,… Continue reading Cardano Sees Highest Ever Weekly Inflow Into $ADA Investment Products

Cardano: Alonzo Enters Final Stage, Smart Contracts Close?

Cardano moves at full speed towards its final hard fork combinator (HFC) event Alonzo to implement full smart contract capabilities. The community has been keeping a close eye on the latest developments, as AlonzoPurple enters its final test stage. Input-Output Global, the company behind this blockchain and its development, recently disclosed that they submitted an… Continue reading Cardano: Alonzo Enters Final Stage, Smart Contracts Close?

‘Once $ADA Cracks $5, People Will Magically Start to FOMO In’, Says Crypto Analyst

On Monday (August 23), to as the price of Cardano’s $ADA token broke above the $2.95 level to set a new all-time high, crypto analyst Tai Zen, who believes that $ADA can get as high as $20, said that the “magic” number is $5. According to data by TradingView, on crypto exchange Kraken, the $ADA… Continue reading ‘Once $ADA Cracks $5, People Will Magically Start to FOMO In’, Says Crypto Analyst

Crypto Analyst Predicts Massive Cardano ($ADA) Rally Under Key Condition

A popular cryptocurrency analyst has predicted the price of Cardano (ADA) could see a massive rally over the next few months, if the prices of the top two cryptocurrencies bitcoin and ether hit new milestones. In a tweet published to his over 350,000 followers, pseudonymous trader and analyst Kaleo wrote that if BTC and ETH… Continue reading Crypto Analyst Predicts Massive Cardano ($ADA) Rally Under Key Condition

Cardano Prepares For Assault On DeFi, Unveils New Stablecoin

Cardano is close to its final Hard Fork Combinator (HFC) event “Alonzo” to implement smart contract capabilities on the mainnet. Developers, community projects, and IOG are preparing for the milestone and the potential growth of the network’s ecosystem. Recently, IOG released a paper describing a new algorithm stablecoin to be launch on the platform, called… Continue reading Cardano Prepares For Assault On DeFi, Unveils New Stablecoin

Cardano ($ADA) Investment Products See $1.3 Million Inflows Ahead of Major Upgrade

Institutional investors appear to have been favoring Cardano (ADA) over other major cryptocurrencies ahead of the cryptocurrency network’s launch of smart contracts through the Alonzo hard fork. According to data from CoinShares, first reported on by Livemint, Cardano investment products saw $1.3 million in inflows, while Bitcoin and Ethereum focused products saw outflows of over… Continue reading Cardano ($ADA) Investment Products See $1.3 Million Inflows Ahead of Major Upgrade

Cardano's Alonzo Upgrade Date Revealed — ADA Gains Over 16% After Announcement – Altcoins Bitcoin News

On Friday, the price of the token cardano spiked over the $2 handle nearing the crypto asset’s all-time high that took place three months ago. Cardano’s price jump derived from a video announcement stemming from Cardano’s Nigel Hemsley when he explained the Cardano network would upgrade on September 12, 2021. The highly anticipated “Alonzo Purple”… Continue reading Cardano's Alonzo Upgrade Date Revealed — ADA Gains Over 16% After Announcement – Altcoins Bitcoin News

New Crypto Startup Explains Why It Chose to Build on Cardano ($ADA)

On Monday (August 2), blockchain company dcSpark explained what were the factors that influenced its decision to build software products on Cardano, one of the “most promising crypto projects in the space.” So, what does dcSpark do? Well, according to its development team, the main goals are to: “Extend Blockchain Protocol Layers” “Implement First-Class Ecosystem… Continue reading New Crypto Startup Explains Why It Chose to Build on Cardano ($ADA)

New Crypto Startup Explains Why It Chose to Build on Cardano ($ADA)

On Monday (August 2), blockchain company dcSpark explained what were the factors that influenced its decision to build software products on Cardano, one of the “most promising crypto projects in the space.” So, what does dcSpark do? Well, according to its development team, the main goals are to: “Extend Blockchain Protocol Layers” “Implement First-Class Ecosystem… Continue reading New Crypto Startup Explains Why It Chose to Build on Cardano ($ADA)

Cardano ($ADA) Wallet Launches Connector to Help Users Interact With Decentralized Applications

Cardano ($ADA) wallet Yoroi is launching a decentralized application connector that will make it easier for users to interact with smart contracts and these applications once they go live on the Cardano network. According to a blog post published by EMURGO, one of the founding entities of Cardano and the developer of the wallet, Cardano’s… Continue reading Cardano ($ADA) Wallet Launches Connector to Help Users Interact With Decentralized Applications

Cardano ($ADA) Wallet Launches Connector to Help Users Interact With Decentralized Applications

Cardano ($ADA) wallet Yoroi is launching a decentralized application connector that will make it easier for users to interact with smart contracts and these applications once they go live on the Cardano network. According to a blog post published by EMURGO, one of the founding entities of Cardano and the developer of the wallet, Cardano’s… Continue reading Cardano ($ADA) Wallet Launches Connector to Help Users Interact With Decentralized Applications

Altcoin Daily Looks at Ethereum, Cardano, and 6 Other Altcoins

Recently, crypto analyst Aaron Arnold, Co-Founder and host of the “Altcoin Daily” YouTube channel, shared his thoughts on Bitcoin, Ethereum, Cardano, and six other popular cryptoassets. Arnold said he was positive about the launch of version 3.0 of the mainnet for Theta Network ($THETA). The YouTube host said the update would help improve the platform’s streaming… Continue reading Altcoin Daily Looks at Ethereum, Cardano, and 6 Other Altcoins

Charles Hoskinson on the Current Status of Cardano ($ADA) and the Alonzo Upgrade

On Wednesday (July 7), Charles Hoskinson, Co-Founder and CEO of IOHK (the blockchain company developing the software that runs the Cardano network), gave an update on the current status of Cardano in general and the Alonzo upgrade in particular. Here are the main highlights of what Hoskinson said about Cardano in a video released on his YouTube… Continue reading Charles Hoskinson on the Current Status of Cardano ($ADA) and the Alonzo Upgrade

ADA, DOGE overtake BTC as the most popular cryptos for US eToro users

American users of the popular eToro trading platform are taking up altcoins with growing conviction, with the likes of Cardano (ADA) and Dogecoin (DOGE) becoming more popular buy-and-hold assets than Bitcoin (BTC). New research shared with Cointelegraph showed that ADA is the most popular cryptocurrency held by U.S.-based eToro users, up from third place in… Continue reading ADA, DOGE overtake BTC as the most popular cryptos for US eToro users

Cardano ($ADA) Powered IDO Launchpad Secures Funding From VC Firm Vendetta Capital

Recently, blockchain and crypto focused venture capital (VC) firm Vendetta Capital announced that it had invested in Vent Finance, which is developing Ventup, a Cardano-powered Initial DEX Offering (IDO) platform called Ventup. An IDO is what happens when “a new project launches a new token through a decentralised liquidity exchange.” Venup is launching on Ethereum… Continue reading Cardano ($ADA) Powered IDO Launchpad Secures Funding From VC Firm Vendetta Capital

Cryptocurrency Firm Grayscale Adds Cardano to Its Digital Large Cap Fund

Grayscale, the US-based cryptocurrency asset management firm, recently announced that the company has added Cardano, a proof-of-stake blockchain platform, to its Digital Large Cap Fund. According to the official press release, the cryptocurrency firm has adjusted the portfolio of its Digital Large Cap Fund by selling certain amounts of the existing Fund components in proportion… Continue reading Cryptocurrency Firm Grayscale Adds Cardano to Its Digital Large Cap Fund

Grayscale Adds Cardano to Digital Large Cap Fund After $ADA's Over 1,000% Gain

Cryptocurrency asset manager Grayscale Investments has rebalanced its Digital Large Cap Fund (GDLC) to add a new Cardano (ADA) component to the fund, allowing investors to also gain exposure to the cryptocurrency, which moved up over 1,000% in the last 12 months. According to Grayscale, the fund’s portfolio sold “certain amounts of the existing Fund… Continue reading Grayscale Adds Cardano to Digital Large Cap Fund After $ADA's Over 1,000% Gain

Cardano (ADA) the Latest Addition to Grayscale’s Large Cap Crypto Fund

Digital assets giant Grayscale has added a substantial amount of Cardano (ADA) to its large cap fund. Grayscale Banks on Cardano In a Twitter thread posted yesterday, crypto-assets management firm Grayscale stated it had adjusted the portfolio of Grayscale Digital Large Cap Fund to accommodate Cardano (ADA). For the uninitiated, the Grayscale Large Cap Fund… Continue reading Cardano (ADA) the Latest Addition to Grayscale’s Large Cap Crypto Fund