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Cardano News

Cardano is a blockchain-based smart contract platform that aims to compete against similar platforms such as Ethereum, Tezos, and EOS, among others, through a more modular, layered protocol that runs on a proof-of-stake consensus algorithm called Ouroboros.

Identifying itself as a third-generation blockchain and cryptocurrency system following Bitcoin and Ethereum, Cardano’s development is quite different from its competitors in that it is heavily informed by theoretical, peer-reviewed research before implementation in software.

Its native cryptocurrency, ADA, is named after Ada Lovelace, a 19th-century writer and mathematician who has been referred to as the world’s first computer programmer.

Cardano’s development is backed by three companies: IOHK, a blockchain R&D company founded by Charles Hoskinson and Jeremy Wood; the Cardano Foundation, a nonprofit dedicated to Cardano adoption and development; and Emurgo, a venture capital firm based in Japan.

Top News

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The success rate for cup-and-handle patterns in forex and stock markets, on daily timeframes, are 65% and 68%, respectively, per a Harvard study.

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2021-09-16T13:45:38+01:00

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Buyers continue to scoop up Bitcoin and altcoins on dips, a signal that there is strong demand at lower levels and that bullish momentum is building.

Price analysis 9/15: BTC, ETH, ADA, BNB, XRP, SOL, DOT, DOGE, UNI, LUNA

Rakesh Upadhyay

2021-09-15T20:05:00+01:00

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Bitcoin’s quick dip below $44,000 sent altcoin prices into a freefall and has some traders worried that the correction could deepen.

Price analysis 9/13: BTC, ETH, ADA, BNB, XRP, SOL, DOT, DOGE, LUNA, UNI

Rakesh Upadhyay

2021-09-13T18:55:41+01:00

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It’s not looking good for Bitcoin bulls, at least for today, as moving averages slip from view and $40,000 begins to loom large.

Bitcoin tests key level for $40K BTC price dip as altcoins bleed

2021-09-13T14:25:00+01:00

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The Alonzo upgrade did little in protecting Cardano from falling in tandem with the rest of the cryptocurrency market, though bullish technical factors remain.

Sell the news? ADA price drops 10% following Cardano’s long-awaited smart contracts rollout

2021-09-13T12:45:12+01:00

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Cardano has completed its Alonzo hard fork to introduce Plutus-powered smart contract scripts.

Cardano launches smart contracts after successful hard fork

2021-09-13T05:16:13+01:00

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Altcoins are still flashing bullish signals but Bitcoin’s steady slide toward its swing low could put a damper on the market’s positive sentiment.

Price analysis 9/10: BTC, ETH, ADA, BNB, XRP, SOL, DOGE, DOT, LUNA, UNI

Rakesh Upadhyay

2021-09-10T19:29:19+01:00

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The sixth-largest cryptocurrency by market cap remains one of the best performers despite the overall crypto market losing more than $200 billion.

Solana rally mimicking Ethereum? Why a $500 SOL price target could be ‘conservative’

2021-09-09T12:00:00+01:00

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