Cardano ADA, 15.77% has been on an absolute tear as of recently and extended this price surge by a total of 25% today which saw the price for ADA rising into the $0.133 level. This price surge has caused ADA to climb in the market cap rankings as it takes over Litecoin to claim the 6th position with a total market cap of $4.16 billion.
Cardano is one of those altcoins that has been experiencing a stupefying price momentum in the intraday along with altcoins like VeChain, Chainlink, Dogecoin. And, most interestingly, Cardano in the wee hours of the trading session today has breached a 2-year long resistance at $0.1397. Also, the smart contract-based platforms and their native tokens have gained amazing traction in the recent altcoin Bull Run, which otherwise was trading sideways.
IOHK, the firm behind the development of Cardano (ADA) led by Charles Hoskinson, has announced the release of a brand new Daedalus for the Shelley testnet, to give users the capability to test Shelley features.
Cardano, the eighth-largest cryptocurrency by market capitalization is flying the bullish flag above the cryptocurrency landscape. Over the last six weeks, the digital asset has been a focal point for the investors. ADA/USD has performed incredibly well from the lows recorded in March under $0.0200. The progress made over the weeks is attributed to the development of the platform including the launch of a new protocol referred to as Shelly.
The first half of 2020 had been a real rollercoaster for Cardano, the 7th-largest cryptocurrency by market capitalization. During February and March, the token eased to a new all-time low and then started a massive rally that propelled the price above the 2019 high. In the past few months, there were a lot of tokens that had been outperforming, including Zilliqa, which we’ve covered a few weeks ago.
Investors are flocking to Cardano (ADA) as the protocol prepares to transition into a proof-of-stake consensus algorithm. Even though the network is expanding to levels not seen in three years, the uptrend is approaching overbought territory.
This week has started quite well for Cardano. The blockchain’s native cryptocurrency, ADA, is now the seventh-biggest crypto by market capitalization, as its value surpassed that of Litecoin (LTC). This exceptional feat came after ADA eked out double-digit gains as investors await Shelley.
Cardano (ADA) claims the seventh position in the crypto market based on the market cap after leaving behind Litecoin (LTC). It has outperformed major coins in the daily run as its price has increased by nearly 15% in the past 24-hours.
Cardano News Today – Everyone knows that Bitcoin is the most popular cryptocurrency in the market. Even if altcoins have been trying to steal Bitcoin’s thunder, it remains the foremost cryptocurrency per market capitalization dominating more than 60% of the market. Out of all the altcoins in the market, Cardano ADA is among the most promising. This year, the ADA token and the Cardano blockchain have gotten extra media coverage and exposure. The Cardano Shelley mainnet launch and all the accompanying developments have promoted the popularity of the token. Analysts from across the cryptocurrency space believe that the ADA token is one of the most bullish against the USD.
Recently, a video from China surfaced on Crypto Twitter shared by Molly, the Marketing Director of Hashkey Group. It showed a rural area in China where representatives from a Multilevel marketing (MLM) group was seen selling Cardano and ADA.
Cardano (ADA) continued its rise higher today, after also seeing massive gains in price on both Monday and Tuesday this week. At the same time, Cardano-founder Charles Hoskinson raised the idea of a collaboration between Litecoin (LTC) and his platform, just as Cardano undergoes one of its most important upgrades to date.
In a recent release, Ripple’s Chief Technical Officer David Schwart proclaimed that XRP is 57000 times better than the pioneer cryptocurrency token Bitcoin in terms of its sustainability for the planet earth.
Andreas Antonopoulos discussed how he desired to see Bitcoin have more “privacy features” in a recent live stream Q&A session published on Youtube on July 7. Antonopoulos discussed the privacy-centric coin monero and concepts like stealth addresses and ring signatures.
The Tron (TRX) price has moved above a vital resistance area and validated it as support afterward. The price has likely begun an upward trend. Tron: Long-Term Resistance Since November 2018, the $0.012 area has been acting as the range low for TRX. The price briefly declined below this level on March 2020, but quickly reclaimed it and has been moving upwards since. Whenever a long-t
Travel Giant Expedia have allowed bookings in cryptocurrency for over 700,000 accommodation using Travala crypto bookings. This means Litecoin (LTC) can be used for Expedia bookings. Good for use case in terms of those who are looking to spend LTC.
Litecoin news today – The price of Litecoin rallied by 4.47% in the last 24-hours of trade starting from Wednesday, July 8. By doing this the digital asset managed to reverse a 1.54% decline from Tuesday. At the time (July 7) Litecoin ended the trading session at the $45.33 area. A mixed start trade the day after saw the price of Litecoin drop to a morning intraday low position of $43.11 before it made a move. The coin was able to steer clear of its first major support position of $42.65 before rallying to a late intraday high point of $45.63. Let us see more on how LTC/USD moved during the last few days and past 24-hours.
Recent investments into cryptocurrency mining equipment by smaller players could be a positive signal for the longevity and value of Bitcoin (BTC). In late June, United States-based blockchain firm Core Scientific ordered over 17,000 of the latest Bitcoin mining ASIC machines from Chinese hardware producer Bitmain. The news made waves in the industry as the largest known order of Antminer S19s by a single operator.
Ideas Are Like Flames, a collective based in Germany, launched a campaign to dismantle misconceptions regarding Bitcoin (BTC). The group has incentivized people to place Bitcoin-related stickers in cities around the world.
Ripple is still the fourth-largest crypto-currency and therefore enjoys a certain Prestige, but this position is not undisputed. In the last few weeks, the native crypto-currency, XRP had to your Position than 3. largest Cryptocurrency behind Ethereum and Bitcoin to the Stablecoin Tether make. And, there are many Crypto-Fans doubt that the Performance of XRP can ever benefit from the success of the company Ripple, as Anthony Pompliano said Recently. This is often very different opinions about Ripple and XRP, reflected now, in a viral Tweet of the Crypto-Exchange Binance again.
Everything happens at the stance of energy, of late Ripple have placed emphasis on the importance of reducing energy consumption. However, it has been reinstated by the community members that XRP is a green digital asset in more ways than one.
OKEx exchange recorded over 8,000 “whale” Bitcoin (BTC) trades in June; more than any other exchange. It also had the honor of recording the largest such trade — 513.1 BTC according to data from Kaiko.