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ADA Must Surpass $0.1020 To Start New Rally: Analysis

ADA must surpass the $0.1020 level in order to start a new rally and to recover higher in the near-term as we can see in today’s Cardano ADA news. ADA traded as high as $0.1129 before declining below the $0.1050 support against the US dollar with the price holding the $0.0950 support but being well below the 100 simple moving average of the 4-hour charts. there’s a key bearish trend line forming with resistance at $0.1020 on the 4-hour charts for the pair. The pair will start a fresh rally if there’s a clear break above the $0.1020 and $0.1040.…

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Cardano On Google Play Will Drive Mass Crypto Adoption: Report

Cardano on Google Play Store will drive mass adoption as the voting app Catalyst was published recently in the store. The users can vote for initiatives to drive mass adoption and to help shape the roadmap as we are reading more in today’s Cardano ADA news. Apple and Google are skeptical about the apps from the entire crypto sector that have been blocked or reversed their publication in the past. Cardano’s Catalyst project is now live on Google Play Store and can be easily downloaded and used. Cardano’s creator Charles Hoskinson called it an important step forward on the road…

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Hoskinson Accused Wikipedia Of Censoring After Refusing To List ADA

The founder of Cardano, Charles Hoskinson accused Wikipedia of Censorship after the refusal to List Cardano and he vented his disappointment over the refusal so let’s read more about it in the latest Cardano ADA news. Hoskinson released a discovery that the online encyclopedia sees Cardano as lacking credibility and what’s even more, the scientific credentials according to Hoskinson there is more at a play than being an inadequate source data on the project. The internet entrepreneurs Jimmy Whales and Larry Sanger started Wikipedia back in 2001 and it was ranked as the number one website in the reference materials…

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Cardano Prepares To Break Out As Investors Watch In Disbelief

Cardano prepares to break out as the sentiment around it creates a valuable profit opportunity while remaining dormant as the price action gets capped by the 200 and 50-hour moving averages as we are reading further in our Cardano coin news. The on-chain metrics show that Cardano prepares to break out above the resistance level which will not be easy. The current state of the disbelief of the ADA traders could be a positive sign from the counter sentiment perspective as Cardano is going through a stagnation phase and the rest of the market aims for higher highs. As the…

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ADA Needs Clear $0.11 Level For Potential Rally Upwards

ADA needs a clear $0.11 level in order to start another rally to upwards in the near-term, as now there’s a bearish trend line forming. Cardano’s price is holding the $0.1000 support level and is recovering higher but it has to surpass $0.1085 to start a fresh rally in the near term. In our Cardano ADA news, we are reading more about the price analysis. The price is trading nicely above the $0.1000 support and the 100 simple moving average with a bearish trend line forming at $0.1100 on the 4-hour charts of ADA/USD. The pair could start a fresh…

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Cardano’s Ouroboros Paper Made It To Most Cited Security Papers List

Cardano’s Ouroboros paper dubbed “A Provably Secure Proof of Stake Blockchain Protocol” made it to the most cited security papers list on the Google Scholar platform. The paper outlines the PoS mechanism which underlines Cardano and became the second most cited paper in the cryptocurrencies with 183 citations as we read more in the latest Cardano news today. Few of the platform’s critic disputed the strong academic underpinnings as most of the Cardano success was attributed to the fast development pace as it took on in the past few months. However, the recent ranking published by Google Scholar which measures…

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LTC Nears Cardano Partnership And Latest “Velvet Fork”: Report

LTC nears Cardano partnership in order to both work on the “velvet fork.” The fork will add several features including cross-chain fund settlement, improved scalability, and smart contracts so let’s read more in our latest Litecoin news. It is not certain that Litecoin will go forward with the plans as Litecoin nears Cardano partnership to work on the cross-chain interoperability according to the blog post from David Schwartz, the Project Director of the LTC Foundation. Schwartz said that Charles Hoskinson, the creator of Cardano invited Charlie Lee to collaborate on the Blockchain interoperability issue back in July. Hoskinson wrote on…

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Cardano News Today – Governance on the Cardano Will Become More Complex As the Network Expands – Frederik Gregaard – October 3rd, 2020

Frederik Gregaard, the Incoming Cardano CEO, Says That the Cardano Governance Structure Will Become More Complex With Expansion Cardano Will Maintain Its Independence Despite Expansion  Cardano News Today – If you’ve been paying attention to the progress of the Cardano blockchain, you’ll know that the network has always had the goal of being decentralized. Unlike the Ripple blockchain that is controlled by Ripple alone, the Cardano blockchain is controlled by three different organizations, EMURGO, IOHK, and the Cardano Foundation. Continue reading Cardano News Today – Governance on the Cardano Will Become More Complex As the Network Expands – Frederik Gregaard…

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Cardano New CEO Says The Foundation Will Remain Independent

Cardano NEW CEO Frederik Gregaard, believes that the foundation will preserve its independence as the inherent separation of power is in accordance with Hoskinson’s vision so let’s read more in the Cardano crypto news. The Cardano ecosystem has a complex governance structure with its own checks and balances. There are three major players in-game: EMURGO, IOHK, and the Cardano Foundation. Now, the Cardano NEW CEO believes that the government will only get more complicated as more entities join. He said that the independence of the foundation will remain intact from Cardano’s founder Charles Hoskinson who created the structure in the…

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After The Weekly Surge Of 33%, What’s Next For Cardano’s ADA?

After the weekly surge od 33%, ADA climbed back above the $0.1 level and reached $0.102 so the coin rebounded from the long-term rising trend line. ADA’s was stalled most of the September at the $0.075 trend line but it managed to rebound as it edges towards 1000 SAT Again so let’s read in our Cardano coin news today. ADA dropped from $0.125 in early September and reached the support of $0.087 but managed to penetrate beneath the level as we went deeper into September and it headed lower into the support of $0.075. The price support was bolstered by…

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Cardano News Today – ADA Gains Momentum Above the $0.105 Level Following IOHK’s Collaboration with the United Kingdom – September 28th, 2020

Cardano ADA Has Been on a Bullish Rally for the Last 24 Hours and Higher Highs May Come Near-term The Surge in the Price ADA Came Shortly After IOHK Announced a Partnership with the United Nations  Cardano News Today – The Cardano ADA token has been bullish against the USD for the last 24 hours. The bull run was much welcomed since the token spent the last few weeks post, Shelley, declining. Continue reading Cardano News Today – ADA Gains Momentum Above the $0.105 Level Following IOHK’s Collaboration with the United Kingdom – September 28th, 2020 at Smartereum.

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Latest ADA Surge Takes The Coin Up By 15%, What Is Next To Come?

The latest ADA surge took the coin up by 15%, establishing strong two past days for the crypto market, especially Cardano. Following up on the bitcoin 5% rally from the recent lows, ADA gained 15% over the past day and even more in the past 48 hours as we are reading in the latest Cardano ADA news. The latest ADA surge made Cardano the best-performing cryptocurrency in the 100 over the past day according to the data from CoinGecko. Cardano could continue the rally as a number of analysts asserted. Ali Martinez, a popular crypto analyst posted a chart where…

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ADA Price Prediction – ADA Slides Below the $0.09 Level as Bearish Momentum Intensifies in the Market – September 22nd, 2020

Cardano ADA Falls to the $0.080 Level Risking Lower Lows Against the USD If the Token Keeps Falling. It Might Decline to the Support At $0.0712 ADA Price Prediction – Cardano ADA has taken a major drop in price below a key support level and is currently at risk of moving lower against the USD near-term. The current price action of Cardano ADA is discouraging since the token was one of the most successful tokens in the first few months of 2020. Continue reading ADA Price Prediction – ADA Slides Below the $0.09 Level as Bearish Momentum Intensifies in the…

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Cardano News Today – What Does IOHK’s $250k Fund Mean for the Cardano Community – September 17th, 2020

Cardano’s Parent Company IOHK has Just Announced the Launch of its $250k Fund The $250k Fund is for the Cardano Community, What Does This Mean? Cardano ADA Token is at the Verge of Falling Below the $0.0900 Level Cardano News Today – The parent company of Cardano, IOHK has just launched a $250k fund for the Cardano community. The firm posted a press release on its official blog yesterday. Continue reading Cardano News Today – What Does IOHK’s $250k Fund Mean for the Cardano Community – September 17th, 2020 at Smartereum.

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Swiss Law Draft Sees Cadano As Promising DLT: Report

The Swiss law draft on crypto sees Cardano as a promising distributed ledger technology thanks to its blockchains solutions. In today’s Cardano news, we are taking a closer look at the law draft. The aim of the Swiss law draft is to adapt the law to modern developments in the technology by securing the country’s leading position in the blockchain industry. Switzerland is the pioneer and blockchain hub in Europe and has been able to attract renowned figures in the industry such as the ETH Foundation. In the opinion of the Swiss Confederation, there’s a lot of loopholes that have…

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Cardano’s Future Is Now In The Hands Of The Community: Report

Cardano’s future is now in the hands of the community as the spontaneous gathering of 500 members of the Cardano community showed us. This community will likely be responsible for deciding on the future of the Cardano Foundation so let’s find out more in our latest Cardano news. The CEO Charles Hoskinson said that he is very glad the community came together to build out a roadmap for the foundation saying that it is the embodiment of independent leadership that this platform wants to install in the users. After two community managers got removed from their positions last week, the…

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Gerolamo: IOHK’s New System That Will Link Cardano And Atala

Charles Hoskinson announced Gerolamo, which is the IOHK new system that will link Cardano with the enterprise blockchain Atala as we read more in our Cardano ADA news. The effort will involve a partnership with the Hyperledger Foundation and will become a part of the Hyperledger product line. Gerolamo will help unite the public and private Cardano ecosystem in 2021 as per the announcement. Charles Hoskinson announced Gerolamo as an interoperability system that will link its public blockchain Cardano with the Blockchain enterprise Atala. IOHK served the enterprise clients that wanted to use the Cardano blockchain but they were not…

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BitMEX Supports Cardano And Chainlink In First Listing Since ETH

BitMEX supports Cardano and Chainlink in its first listing on the platform since ethereum and in our chainlink crypto news today we find out why. Similarly to coinbase during its first years in existence, BitMEX has been slow with crypto assets and pairs listing. The company stuck to its goals which were only the BTC perpetual futures contracts which succeeded so that makes sense on why a movement was slow on the listing approvals. But this is starting to change as BitMEX supports Cardano and Chainlink after many requests from the community, with pairs being promoted by many in the…

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IOHK Proposal For ETC Community Will Use ADA To Prevent 51% Attacks

The IOHK proposal for the ETC community could use Cardano’s ADA or Bitcoin in order to prevent 51% of attacks in the future as we are reading today in our Cardano ADA news. The IOHK proposal that was presented to the ETC community is considered as a short-term solution for preventing future 51% attacks as the network suffered three attacks in the past month which cast doubts on the ETC future. One of the attacks cost OKEx $5.6 million and several exchanges, therefore, increased the validation times for ETC transactions. As the name implies, the solution proposes the introduction of…

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