The world of cryptocurrency is as lucrative as its whopping amounts of profits. Despite being under the scrutiny since its inception, it still has managed to grab eyeballs of the notable financial spearheads.

Following weeks of anticipation fueled by numerous interviews that analyzed its potential, new Shelley formal specifications were revealed. The new project’s goal...

Cardano (ADA) the decentralized blockchain platform is one of the most popular blockchain project out there with a reputation of possessing a research-driven appr...

Cardano is ranked at #11 in the market underneath Monero but ahead of Stellar and LEO. So far, the price surged at a rate of 1.71% in the course of the past 24-hours. The trading volume recorded is $43.261 million, whereas the supply has 25,927,070,538 ADA coins involved in circulation. The total market cap of Cardano is $1.225 billion as of this instant. Currently, ADA is priced at $0.047264.

Cardano (ADA) is dealing with a profit digit. The last couple of days are giving flourishing result to the investors. The ongoing week has brought quite a roller coaster ride for the traders. The week began with a downtrend in the market; it started improving in the last few days, and as a result, despite the bearish trend, Cardano is climbing up. In yesterday’s chart, Cardano was dealing at low of 0.050520 USD and a high at 0.052557 USD. There is strong speculation that Cardano would breach both the level today. Let’s have a look at the 1-day chart of ADA.

Charles Hoskinson is pushing back against people who doubt the future of Cardano, a fully open-source and decentralized public blockchain.

the development could have a huge impact on cardano and cryptocurrencies in general

The price of Cardano ADA was bleeding out almost throughout last week. Even as the Bitcoin bull run started and the price of BTC recorded incredible gains, Cardano was recording loses against the USD per our previous Cardano news. It wasn’t until this morning that the price of Cardano ADA started rising significantly against the USD. It was trading at a similar pace with Litecoin, Bitcoin Cash, and EOS with double digit gains. Now, a new Cardano price prediction 2020 has emerged and it places the price of Cardano ADA at $20 by the end of 2020. The analyst also gave a Cardano price prediction 2019 that places the price of ADA above $1.32 by the end of the year.

Like other altcoins, Cardano has also borne the ongoing bear sentiment in the crypto market. This has affected its prices as can be seen from the one-month price chart where the prices have been moving in the range of $0.04 – $0.05.

Cardano price has been shifting with Bitcoin as all the other altcoins have. Analysts propose that the king of crypto will take off once again as it did in 2014 and leave the silvers to fend for themselves but this might not be the case when concerning ADA.