Cardano | Crypto Profit Bot

Cardano smashes $2 resistance as bullish signals enter for Bitcoin price

May 15, 2021

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Cardano’s ADA token neared $2.40 on May 15 as a select few altcoins bucked the bearish mood to steal the spotlight from a weak Bitcoin (BTC). ADA/USD 1-hour candle chart (Binance). Source: Tradingview ADA in price discovery as $2.50 nears Data from Cointelegraph Markets Pro and TradingView showed ADA/USD climbing through the weekend to hit a […]

Cardano smashes new all-time high following 14% gain

May 9, 2021

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With a value of nearly $58 billion, ADA has flipped Tether in the market cap rankings. Cardano’s ADA cryptocurrency surged on Sunday, bringing the smart contract platform back into elite territory in terms of market capitalization rankings. ADA charted 14% growth to reach $1.83 on major exchanges, marking a new all-time high. It was last […]

Cardano breaks out vs. Bitcoin as ADA price discovery nears $2

May 7, 2021

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The current “alt season” has produced serious returns but remains subdued when viewed in BTC terms. 21464 Total views 76 Total shares ADA, the native token of the Cardano smart contract platform, has joined the altcoins hitting new all-time highs this week. ADA/USD 1-day candle chart (Binance). Source: TradingView Cardano underscores “alt season 2.0” appetite […]

Price analysis 4/30: BTC, ETH, BNB, XRP, ADA, DOGE, DOT, UNI, LTC, BCH

April 30, 2021

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The recent weakness in Bitcoin (BTC) price did not see any panic selling by investors, suggesting the sentiment in the crypto sector remains bullish. After Ether’s (ETH) strong run in the past few days, Bitcoin played catch up today as it reclaimed the $55,000 level. This suggests investors continue to accumulate on dips. Gaming-focused venture […]

Cardano’s upcoming Alonzo update pushes ADA price despite a major delay

April 19, 2021

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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 […]

Life beyond Ethereum: What layer-one blockchains are bringing to DeFi

April 14, 2021

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Issues with Ethereum congestion and high fees have led to many companies adopting layer-one solutions like Optimistic Rollups, OMG Network and many others. These platforms allow transactions to be created outside of the Ethereum network on what are known as “sidechains,” which then can be reconciled on the main Ethereum network in one simple transaction. […]

‘Wild west’ as developers MacGyver highly popular NFTs on Cardano

April 2, 2021

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Despite not yet having functional smart contracts on the layer-one, intrepid Cardano developers have recently hacked together methods to mint bootleg nonfungible tokens. These experiments in hosting unique data on the blockchain are reminiscent of the pre ERC-721 standard era for Ethereum — and, what’s more, so far they’ve proven to be enormously popular with […]

Price analysis 3/26: BTC, ETH, BNB, ADA, DOT, XRP, UNI, THETA, LTC, LINK

March 26, 2021

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Glassnode data shows Bitcoin (BTC) exchange reserves on Coinbase have dropped by about $8 billion. This indicates that institutional investors are locking away their purchases in cold storage for the long term instead of booking profits. HODLing by institutions is a huge positive as it will continue to reduce Bitcoin’s available supply, which may boost […]

Price analysis 3/19: BTC, ETH, BNB, ADA, DOT, XRP, UNI, LTC, LINK, BCH

March 19, 2021

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A report by Deutsche Bank Research said that Bitcoin (BTC) has become “too important to ignore” and may attract regulation by the end of 2021. Deutsche Bank analysts expect Bitcoin to reach a turning point in about “two or three years” when it will be clear whether Bitcoin will evolve into an asset class or […]

Fresh wave of interest pushes Cardano near all-time highs

March 19, 2021

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ADA recently came within a penny of its previous U.S. dollar all-time price high. 32877 Total views 70 Total shares Cardano (ADA) made a run at its all-time price high on March 18, following renewed retail interest in the asset. It ultimately hit a price of $1.47 on Thursday, based on TradingView data from the Kraken […]

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Category: Cardano