Cardano Slumps 19%, but ADA is Above $0.45, a Key Support Line
Like the rest of the cryptocurrency market, Cardano flash crashed on August 19, dropping 23 percent from August 2022 highs.
Cardano (Latest Publications)
Cardano is a decentralized blockchain platform and cryptocurrency created in 2017. Its native cryptocurrency, ADA, is used for transactions and as a store of value.
Cardano aims to offer a more secure and sustainable blockchain ecosystem through its use of a proof-of-stake consensus algorithm, which requires less energy than traditional proof-of-work algorithms.
Cardano’s development is driven by a scientific approach, with a focus on academic research and peer-reviewed papers. Its goal is to create a scalable and interoperable blockchain that can support a wide range of decentralized applications and use cases.
Cardano’s team has also created a unique governance model that allows stakeholders to vote on proposed changes to the network, ensuring a more democratic and decentralized decision-making process.
Charles Hoskinson Talks About the Vasil Hard Fork and Says There Will Be No More Delays
The Co-Founder of Cardano, Charles Hoskinson conducted a live stream to address the concerns over the progress of the Vasil hard fork upgrade. He stated that
Cryptocurrencies Struggle to Extend Gains; Record a Sluggish Momentum
After a decent rise in July, the crypto market struggled to extend gains this month. Bitcoin (BTC) plunged below the 23K mark with a drop of
Cardano Vasil Hard Fork is Delayed Again
The release of the most anticipated Cardano Vasil Hard Fork has been delayed again without any confirmation of the revised timeline. The Technical Manager of Input
Cryptocurrency Market Cap Nosedives Below $1T Yet Again
After a brief spell of respite, the global cryptocurrency market cap plunged below the $1 trillion mark indicating a minor pullback resulting in capital outflows. Bitcoin
Cardano (ADA) Finds Resistance at $0.55 Ahead of the Vasil Hard Fork
Even though Cardano is up the market cap ranking, adding five percent in the last trading week, there are hints of weakness after losses early today.
Cryptocurrency Market Signals Slow Recovery; Is the Bear Run Over?
Follwing the recent crypto collapse, Bitcoin (BTC), Ethereum (ETH) along with major cryptocurrency are showing signs of a steady recovery. After weeks of struggle, BTC has
Everything You Need to Know About Cardano’s Vasil Update
The Vasil hard fork touted as the “largest and most significant achievement of the Cardano Ecosystem”, is ready to go live by the end of this
Cardano Vasil Hard Fork Successfully Launched: IOG
Input-Output Global (IOG), the software company behind Cardano, announced that the hotly anticipated Vasil hard fork has finally launched on the Cardano testnet. With this, Cardano
The Future of Crypto Regulation According to Charles Hoskinson
In a testimony to the U.S. House subcommittee on commodity exchanges, energy and credit, Cardano founder, Charles Hoskinson, discussed in detail, the importance of the blockchain
Follow us on Social Networks
Crypto Tutorials
Crypto Reviews
Ads
