Tag Archives: ADA Coin

CARDANO NEWS

Will Cardano price rise again?

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Cardano (ADA) recently broke the price above the bear market angle on the inverted dot and shape chart. The Cardano price breaking above the bear market indicates that the Cardano bulls are now in control.

“Theoretical long trade for Cardano price is a buy limit order between $1.32 and $1.26, a stop loss at $1.18 and a profit target at $2.00,” expert analysts said in their analysis. Of course, it is necessary to act by considering all possibilities. The closure of countries or the spread of the disease due to Covid affects everything.

ADA/USD $0.02/3-box Reversal Point and Figure Chart (fxstreet)

We know that Cardano has a strong structure, and we are sure that it will make all Cardano lovers happy in the future.

FXStreet’s analysts

Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility.

CARDANO NEWS

Cardano (ADA) is down again, why price won’t go up

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Cardano (ADA), which we follow closely, is not bullish. In the analysis, it is seen that there is a slight decrease. Why Cardano (ADA), which many people have been waiting patiently for and wants to rise, cannot rise.

Yesterday, the resistance point for Cardano ADA/USD was located at $1.34. The support was at $1.26, Today it declined again as low as $1.23. The negative side of Cardano price analysis continues to annoy Cardano lovers as time goes on.

The decline of cryptocurrencies for a few days has brought Cardano (ADA) prices down quickly. Cardano founder and CEO, other executives must now do something positive. New deals are being made in Africa, but why are prices still falling? Cardano (ADA) investor now wants answers.

Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility.

CARDANO NEWS

Cardano ADA active addresses increased by 200 percent

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The number of active addresses on the Cardano (ADA) network increased by 200% in November 2021. The number of correct active addresses this month was 485,000. The number of ADA active addresses has reached its peak. At the beginning of November, there were around 161,000 active addresses.

Cardano network token ADA successfully rolled out the Alonzo update this year. The price had increased significantly before the Alonzo update arrived, but the expected performance unfortunately did not. Despite the decrease in ADA price, the increase in the number of active addresses shows the confidence in ADA.

Although the ADA price has dropped, Cardano’s future looks pretty bright. Developments regarding DeFi in Cardano continue unabated. Ardadex is the first DEX and NFT marketplace in Cardano, and a new stablecoin is released on the COTI network. The new loan protocol ADALend is expected to be an important part of the ecosystem.

Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility.

CARDANO NEWS

Cryptocurrencies are falling fast today and institutions are buying altcoins

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Recently, there has been a sharp decline in the cryptocurrency market. For some investors, this is an opportunity. Especially institutional investors are turning to some altcoins.

We don’t know how long the cryptocurrencies will fall, but it seems like some forces don’t want the coins to go up and whenever they go up something comes up to make them fall. Institutional investors are probably the ones who evaluate these declines best.

Some reports also show that institutional investors are buying certain coins. One of these reports is the CoinShares report. In the new report from CoinShares, ADA nearly tied institutional Ethereum (ETH) entries last week, bringing its year-to-date total to $108 million.

According to the report, Ethereum inflows stood at $17.3 million last week, while Cardano outpaced $16.4 million. In the previous week, Cardano entries reached $5 million while Ethereum entries reached a valuation of $31.4 million.

Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility

CARDANO NEWS

How Much Can Cardano ADA Coin Price Rise?

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Cardano ADA Coin is a cryptocurrency known to everyone. Everyone is waiting for the ADA cryptocurrency to experience an increase. But it is progressing much slower than expected. But although Ada coin is slow, it is predicted by experts that it will experience a serious increase.

Cardano ADA Coin gave bullish signals last week. It was a development that made island investors happy. According to crypto experts, the steady progress of the Cardano ADA coin price rally shows that it is on the right track. But let’s not forget that it has experienced a decline again in the last few days.

After Cardano’s top price reached $3.10 USD, it started to decline. According to FXStreet analysts; this altcoin will have a big pump after nine weeks of consolidation.

Of course, it is very difficult to predict the exact price of Cardano. A rise is expected when the island crypto currency rises above $ 2.50. According to experts, Cardano price shows a Downtrend on a Medium Term basis and an almost Neutral trend in the Long Term as well as the Short Term.

The prediction of Wallet Investor is as follows, the ADA price is showing bullish signals, on average, by the end of 2021, the price may rise to $ 2,483. The website also says that the price could be around $4,837 by the end of the next year, 2022.

Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility.

CARDANO NEWS

Cardano (ADA) founder answers questions

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Cardano (ADA) founder answers questions: ‘Cardano will see a lot of traffic soon. Cardano (ADA) has been quiet for a while. However, this does not mean that the developers behind the project do not stand still! Last weekend, Cardano founder Charles Hoskinson held an Ask Me Anything (AMA) session on YouTube. He answered a series of interesting questions from the community in it.

One of the questions was about the Plutus Application Backend (PAB). This is a platform where developers can develop and maintain smart contracts more easily. According to Hoskinson, PAB is expected to launch this month. According to him, this could suddenly put huge pressure on the network as many developers will start working.

This led Hoskinson to the next big development, namely Hydra. Hydra is a scaling solution that dramatically increases the number of possible transactions per second on Cardano. Hoskinson explains that enabling sidechains will allow the launch of special-purpose chains, an important step: “It will be able to (soon) offload most of the transaction traffic from all future applications. With PAB coming online, Cardano is dealing with massive amounts of traffic. Hydra is a necessity for this…”

Also, the founder discussed the fear, uncertainty, and doubt (FUD) that has existed for some time. Cardano is accused of being able to process too few transactions and having a block size that is too small. For example, increasing the block size does not mean that larger smart contracts can be developed. But that’s not true: “It’s a lie… If you increase the amount of raw storage the block has, of course there can be more scripts in that block.”

Source: https://www.crypto-insiders.nl

Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility.

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Redefining DApp discovery: Bringing DApps to the mass market Video

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To learn even more about certification levels, and meet some of the partners on the program, make sure you watch the certification session from the Cardano summit.

Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility.

CARDANO NEWS

Cardano ( ADA ) People

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Cardano was built by a decentralized community of scientists, engineers and thought leaders united in a common goal: to create a technology platform that will spark the positive change the world needs. We believe that the future should not be defined by the past and that more is possible and possible for everyone thanks to technology. We measure the value of a task by its results, not by its difficulty.

Each island owner also owns a stake in the Cardano network. Ada stored in a wallet can be transferred to a pool of shares to earn rewards – to participate in the successful operation of the network – or can be committed to a pool of shares to increase the pool’s probability of receiving a reward. Over time, Ada will also be available for various applications and services on the Cardano platform.

source: cardano

Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility.