Tag Archives: ADA

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

Charles Hoskinson Cardano Founder Yotube AMA live stream Video

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Cardano founder Charles Hoskinson went live on YouTube on Monday to do the AMA. He answered the questions and shared his thoughts. During the AMA he also shared his thoughts on crypto and for Christmas.

When Charles Hoskinson is faced with hateful comments due to the ADA’s declines in recent months, he shared his thoughts on how everyone should get along and be more understanding. “All I want for Christmas is for everyone to start getting along in our industry. It’s extraordinary to me that when people are so close in philosophy and perspective, and in some cases in technology, they can be as far apart as humans. This is extraordinary,” he said.

Charles Hoskinson, in his statements, said that investors in the other financial space have not seen as much hate as the crypto industry. “You don’t see that in other industries,” he said. “You don’t see the amount of tribalism, hatred, and vitriol our industry has for each other, whether it’s in physics, biology, cell phone manufacturing, or whatever.”

You can watch the entire video, which lasts for 2 hours and 49 minutes, here.

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

Cardano ADA Enters Europe’s Largest Exchange Bitstamp

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Bitstamp on Europe’s Largest Exchange announced on twitter that it will start listing Cardano ADA.

Bitstamp announced: “Good news for CardanoCommunity: we are listing ADA. It is finally happening. The 6th largest crypto by market cap, powering CardanoStiftung, is ready to appear on Bitstamp! With a full list of Cardano pairs and launch schedule, read more see.”

Description and detail on the Bitstamp website:

Listing program

  • Transfer only mode: Deposits and withdrawals are open but trading is not yet activated.

Tuesday, November 23

  • Post-only mode: You can place and cancel limit orders, but they will not be matched. Therefore, no order will actually be completed at this stage.

Wednesday, November 24 approx. 11:00 UTC

  • Limit only mode: Order matching will start and trades will run normally. However, only limit orders will be valid.

Wednesday, November 24 approx. 15.00 UTC

  • Full trade: Once the order books have gathered sufficient liquidity, we will also enable all order types and card purchases for new trading pairs.

Here is the full list of new trading pairs to be added to Bitstamp:

  • ADA / BTC
  • ADA / EUR
  • ADA / USD

Source: Bitstamp

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

Green Blockchain with Cardano

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Lately, it feels like Cardano (CCC:ADA-USD) has gotten lost in the shuffle as other altcoins have garnered more attention. That’s a shame, as Cardano is an affordable digital asset that still holds great promise.

Indeed, there’s an angle here which you might not have considered. Without a doubt, there’s some overlap between environmentalists and cryptocurrency enthusiasts. However, crypto miners have been accused of consuming too much energy.

That accusation might be unwarranted. A recent partnership between the Cardano Foundation and a climate solutions specialist could prove the crypto critics wrong.

Moreover, the facts will reveal that ADA hasn’t been ignored by loyal cryptocurrency investors. While the media might not always report this, there’s vast ground-level support which cannot be denied.

source: investorplace.com

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

Let’s follow the Cardano blockchain developments in cryptocurrencies

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The use of crypto will increase in the near future, and by surpassing cash, crypto will be available everywhere. Check. Traditional money is resisting cryptocurrency, but it seems unlikely to prevent it. Everything is going digital in our lives, it is very normal for financial transactions to be digitized.

In cryptocurrencies, the Cardano blockchain serves a convenient purpose, as does Ethereum. While ADA-USD is the cryptocurrency that fuels it. Investors can own coins that appreciate over time just like any other asset.

Why should you bother? If you had done this about a year ago, you would have gotten a 1600% return on your investment. Investors need to change their perceptions and delve deeper into crypto opportunities.

Cryptocurrency technology is pushing the boundaries of financial technology. This comes into play with legacy processors like Square, Paypal, Visa and MasterCard. A much better investment assets than traditional money as we know it.

We know ADA is a crypto worth having, those who don’t will soon see that. There are very serious developments in Africa and in many countries. We think it should be in your crypto basket with its technological infrastructure and robust updates.

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

Raoul Pal Thinks Cardano, Solana, Avalanche, and Terra Will Rise

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Raoul Pal, known to those interested in crypto money, said that Cardano (ADA), Solana (SOL), Avalanche (AVAX) and Terra (LUNA) could rise in this bull cycle.

In his interview, Raoul Pal talked about the possibility of a long bull market by June 2022 that could potentially push Ethereum as high as $40,000.

Raoul Pal said: “I think almost certainly by March but possibly by summer, which will give us higher prices and a different cycle structure than we’ve seen before. I could be wrong. I’m not betting on everything. But I think it could be like this. If I’m right about the adoption of the network, then other layer-1s like Solana, Terra, Avalanche, Cardano and others will be great explosives.”
“But on a risk-reward basis, they’re riskier. They are not as deep a network as Ethereum. For me, Ethereum remains the best option in the world from a risk-adjusted perspective.”

Source: https://www.coinkolik.com

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 continues to work for Africa

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Hoskinson, the founder of Cardano, expects Cardano’s partnerships with African governments to influence regulators in the US. Charles Hoskinson meets the African continent with regulators and develops joint business projects with governments. Thanks to Cardano, Africa will probably use blockchain technology before many other countries.

A blog post by Input Output Hong Kong (IOHK), the company behind Cardano, said:
“Africa is a really special and interesting continent because it is going through a massive update. There is no dependency on systems of the past because those systems have historically not worked very well here. So that means that over the next 10, 20 years, everything is poised for change, from how compliance works to how stock markets work, from how national identity works to how academia works.”

Charles Hoskinson

He also denied recent rumors that a token burning policy will be implemented on Cardano. It has been said that Cardano has no plans to burn tokens. The percentage of staked tokens continues to increase. Investors are eagerly waiting for ADA prices to rise.

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.