Cardano Prepares For Major Update, Will It Be Enough To Push Bears Back?
The Cardano network is preparing for its upcoming Hard Fork Combinator (HFC) event “Vasil”. The cryptocurrency has been undergoing several updates and optimizations but continues to follow the general market sentiment. Related Reading | ADA On Discount? Cardano Whales Go On $200M Shopping Spree In fact, Cardano (ADA) price has been trending downside since the end of 2021 when it broke below $2 and has continued in that direction as larger cryptocurrencies re-test critical support levels. At the time of writing, ADA’s price trades at $0.80 with a 5% loss in the last 24-hours and a 6%....
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Cardano has been struggling on the charts since its decline that began last year. It has since taken the digital asset below $1, although a recent recovery trend has rectified that. Nevertheless, Cardano is yet to regain at least 50% of its all-time value. With low momentum rocking the cryptocurrency, it has been an uphill battle getting the asset back up to $1.20. Despite the price, the project itself has continued to see progress, and recently, it hit a new milestone. One that could very well be the much-needed put for Cardano to once again reclaim the $1.50 mark. Cardano Surpasses 30....
The crypto market has turned red even after the latest FOMC meeting. Bitcoin inches towards the $35,511 mark, and altcoins are getting a beating too. Bitcoin responded to the Federal Reserve’s 50 basis-point interest rate hike by dropping more than 10% in one day, its most significant decline in two months. Related Reading | Cardano Prepares For Major Update, Will It Be Enough To Push Bears Back? Most of the crypto market was up early today, with bitcoin hitting $40,000 after yesterday’s Federal Reserve meeting. Other cryptocurrencies that performed well in the early hours....
Cardano (ADA) is back at it again – this time with a major milestone and new update. Cardano is gearing up to be in around 2 millions wallets this year. Will this help the already fast growing coin’s reputation and market cap as things begin to unfold? It has only been around a year since […]
Cardano will strive to become an Ethereum contender if the upcoming Alonzo update lives up to the expectations of being a game-changer. The Cardano Foundation is led by Charles Hoskinson, the founder of Cardano and also the co-founder of the Ethereum blockchain. On April 6, through his YouTube channel, he discussed Cardano’s roadmap covering the next four years in a video titled “Some Musings about the Roadmap.” In these musings, he mentioned that although the Cardano developers are working on solving the scalability issue and Cardano’s approach to it, he will only turn his attention....
The Cardano ecosystem is ringing in significant transformations with the Cardano Foundation’s announcement of a pivotal modification to its staking parameters. After a stake pool operator (SPO) poll and thorough deliberations by the Parameters Committee, the foundation decided to update the network to enhance both its competitiveness and user experience. The Cardando Foundation stated via X (formerly Twitter): “As a result of the Stake Pool Operator [SPO]-Poll and a subsequent evaluation by the Parameters Committee, the Cardano Foundation has successfully submitted a....