Hot Topics
Coin Gecko

Advertisement

Cardano (ADA) Makes A Bullish Comeback As Price Finds Bottom Against Bitcoin (BTC)

Cardano (ADA) has finally touched the bottom of the pitchfork formation it has been trading in. The above chart for ADA/BTC on the daily time frame proves that sometimes it is best to let the market run its course rather than to enter a position and wish for a miracle to happen. When Cardano (ADA) entered the last segment of the pitchfork formation against Bitcoin (BTC), few analysts might have expected it to fall all the way to the bottom because that would have meant a break of market structure for Cardano (ADA) against the US Dollar (USD). However, as...

Read More
snapex banner

Cardano Creator Believes Ethereum Classic Is Following The Path Of Bitcoin

Charles Hoskinson, a co-founder of Ethereum and the creator of Cardano has recently spoken out about Ethereum Classic during an appearance at the recent Ethereum Classic summit, held in South Korea. Hoskinson is very bullish about Ethereum Classic, not just as a cryptocurrency but as a project on the whole, citing that from it’s very inception, Ethereum Classic has resembled the original culture of Bitcoin, suggesting that Ethereum Classic could end up following the path of Bitcoin in the future, leading the markets as a high value and high market cap cryptocurrency. Why Bitcoin? Hoskinson believes Ethereum Classic is like...

Read More

Cardano (ADA) Loses 95% Of Its Value Since January ATH, Further Downside Unlikely

Cardano (ADA) has now lost 95% of its value since its all time high of January. The above weekly chart for ADA/BTC shows that Cardano (ADA) which until now has been trading in a pitchfork as well as a falling wedge is now at the end of its correction. RSI for the above chart has also been trading in a falling wedge and is now at the point of a break out as it has reached the full extent of its movement. However, the price chart shows that there is still room for one wave down. If that were to...

Read More
snapex banner

Cardano & TRON Now Included In Abra

Multiple announcements have just been made by the popular cryptocurrency wallet, Abra. They have announced that they have now added support for the Basic Attention Token, Cardano and TRON and they now plan to allow users to fund Abra wallets using Bitcoin Cash within the next week. Customers will also be able to make transfers from European bank accounts directly to Abra wallets. Essentially, this will allow all users in Europe to fund an Abra wallet using a European bank account. A bank customer from Europe will be able to buy any of the 28 digital currencies supported on Abra....

Read More

Positive Future For Cardano Investors

Whereas the Cardano (ADA) protocol is similar to Ethereum’s PoS mechanism, the Cardano protocol is faster and has improved efficiency. The protocol introduces more features at an advanced level without blemishing the original idea of crypto that is decentralisation. Cardano balances security, speed and decentralisation whilst attempting to improve proportionally forward with each release or published paper. This is the idea from the mind behind it all, the founder Charles Hoskinson, who said this: “What we’ve done with Cardano is start with asking ourselves what a blockchain is. Does proof of work actually make a blockchain secure? Is there a...

Read More