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BTC, IOTA And ADA Relish In Positive End To October

  Listen Here - https://soundcloud.com/cryptodaily/btc-iota-and-ada-relish-in-positive-end-to-october This week may have been a slow week for the markets, however as always, the crypto news has been rife. We want to go back over a number of this week’s headlines with you for two reasons. Firstly, we want to offer you a chance to re-cap, with so much news constantly flowing, we’ll admit it's very hard to keep up. Secondly though, yesterday’s news can help us to decide what might happen next - by reviewing the news of this week, we can all become better investors and can all learn to make more...

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Big Security Boost For Cardano

It has been recently announced by IOHK that Trezor is currently undergoing its final preparations to support Cardano. The globally known hardware wallet, Trezor facilitate digital currencies to be stored and they are popular for being able to store the key to the wallet safely. The firm is a big manufacturer of hardware wallets and a big boost for security for the foundations native token is surely going to please a lot of people who have invested in it. This announcement has come from Charles Hoskinson, who is the founder of Cardano, through his official Twitter account which suggests that...

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Cardano (ADA) Poised For A Major Breakout In November

Cardano (ADA) is perhaps the only large cap coin that most believe to be truly undervalued. The price has already broken resistance against Bitcoin (BTC) as shown by the ADA/BTC weekly chart. Just like the rest of the market, Cardano (ADA) is now waiting for Bitcoin (BTC) to make a move. We saw cryptocurrencies like Ripple (XRP) make independent moves in the past few weeks. However, Cardano (ADA) has remained below the 10 Week EMA. It is pertinent to note though that during the last few weeks, the 21 Week and 10 Week EMAs have come very close. It will...

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Cardano (ADA) Hits Rock Bottom, Eyes Trend Reversal

Cardano (ADA) is trading at the lower half of the pitchfork on the ADA/BTC chart above. This means that the cryptocurrency has already completed its correction and formed a bottom. RSI conditions for ADA/BTC still show price action to be in downtrend even as it trades under oversold conditions. The VIX profile for the same ADA/BTC weekly chart also shows a strong sign of a bottom formation. The four consecutive green bars visible on the above chart confirm that Cardano (ADA) has formed a strong bottom and is now ready for a trend reversal. Cardano (ADA) has so far respected...

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What Is In Store For Cardano's Future

The CEO of IOHK Charles Hoskinson has confirmed on several occasions that IOHK is fully funded to complete all planned development until at least 2020. In the latest statement by the CEO, he added that due to the appreciation of Bitcoin, IOHK and Emurgo are sufficiently funded to commit to the additional roles too. Due to this, the loss of access to the ICO funds and ADA allocation of the Cardano Foundation shouldn’t 100% limit the over the development of Cardano. An open letter by IOHK and Emurgo also described the Foundation’s statements that it owned the trademark for Cardano...

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