Hot Topics

Advertisement

Investors Gunning For Cardano (ADA) Below 5 Cents Are Still Not Buying

There was a lot of talk about Cardano (ADA) being overvalued the past few months. Investors seemed reluctant to accumulate at prices above $0.05. The weekly chart for ADA/USD shows that since the month of September, we have not seen any real interest in Cardano (ADA) as an investment. There could be plenty of reasons for that. Perhaps some believed that Cardano (ADA) was overvalued while others thought that the market could go down more. However, the price is now below $0.05 which makes Cardano (ADA) neither overvalued, nor likely to drop significantly from current levels. Cardano (ADA) is one...

Read More
snapex banner

Resignation Of Cardano Chairman, What Next?

The aim of Cardano intends to have an on-chain liquid democracy in the future. Until we reach this time, Cardano is regulated by three bodies. With the community growing and driving adoption being the two main responsibilities of the Cardano Foundation. Input Output Hong Kong (IOHK) and Emurgo are taking care of the technical development and business adoption of the Cardano ecosystem. Mid-September, IOHK CEO Charles Hoskinson expressed concerns about policy and funding choices made by the Foundation. On one of the Cardano forums, some community members began a thread which expressed these and many additional concerns in relation to...

Read More

Huge Ripples Made by Cardano Foundation (ADA)

Breaking news today comes straight from Charles Hoskinson, the CEO of IOHK normally, breaking news from specific cryptocurrencies will have an impact on value, however in this instance, this is not the case as the announcement refers to the structure of the team behind Cardano and ADA. So no, don’t get too excited, this isn’t the sort of news that will bring you a huge, instant return on your investment. Instead, this is the sort of news that will allow you to plan ahead for the future of your Cadano investments and of course, any potential investments that could be...

Read More
snapex banner

Weiss Ratings Back XRP, ADA, XLM & EOS

The American crypto research firm Weiss Ratings has published the latest update of its popular digital currency ranking which evaluates over 100 tokens out of a total of more than 3000 studied cryptocurrencies. Despite this, only four were rated as ‘strong buys’ by the firm. According to the Ranking, the crypto coins get a rating ranging from grades E- to A+. If a crypto receives a B- or higher then it is considered to be a ‘buy’ when the rating is between C- and C+ it is considered a ‘hold’ whereas if it is lower than a d+ it is...

Read More

Cardano (ADA) Finally Breaks Downtrend To Begin A New Cycle

Chart for ADA/USD (1W) Cardano (ADA) has finally broken a historical downtrend and started a new cycle. This is a major achievement for Cardano (ADA) considering its aggressive correction left a lot of investors clueless as to what might be the future of this project. Cardano (ADA) received a lot of hype last year which soon put it in the top 10 league. However, as we have seen in the past, usually after a correction, new projects replace old projects in terms of ranking. For instance, once overhyped coins like Stratis, Factom and Augur are not so hot anymore. In...

Read More