Ethereum’s increasing dominance has kept traders focused on altcoins but Bitcoin’s struggle to hold above $59,000 could send the entire market tumbling.
Bitcoin is still stuck in a predictable range below Binance Coin, Cardano, Litecoin and Chainlink have formed bullish patterns suggesting further upside in them.
With a value of nearly $58 billion, ADA has flipped Tether in the market cap rankings.
Altcoins continue to rally higher and Bitcoin’s repeat tests of the $58,000 level signal that bulls are building momentum.
The current “alt season” has produced serious returns but remains subdued when viewed in BTC terms.
Cardano’s (ADA) price has awakened. With a 14.4% rally in the daily chart, after consolidation around the $1.30 to $1.40, ADA has reached a new all-time high and seems poised to keep smashing future resistance. ADA with bullish momentum in the daily chart. Source: ADAUSDT Tradingview Yesterday, Exchange platform Kraken launched staking for ADA with […]
Bitcoin is trying to stage a comeback in order to catch up with the spectacular price action seen in Ethereum and other altcoins.
Ethereum and a handful of altcoins have charged higher while Bitcoin struggles to find enough momentum to clear the $58,000 level.
The Africa Special event aired on Thursday, showcasing Cardano developments on the continent. At the time of writing, the show has hit over 120k views, with IOG CEO Charles Hoskinson calling it the most popular show they’ve done to date. Although the response was largely positive, with a wide range of mainstream and crypto publications […]
After days of range-bound action, Bitcoin and many altcoins made a strong comeback today, indicating buying at lower levels.
Bitcoin is struggling to sustain above the $53,000 support for the past 3 days. As the king cryptocurrency price slumped, Ethereum picked up its pace, surging to a new all-time high of $2,800. Ethereum Appears Unstoppable It appears that the European Investment Bank’s launch of a “digital bond” sale using the Ethereum network, has boosted […]
In its foray into Africa, Input Output, a research and development product engineering company, says it will partner with World Mobile Group in a new initiative aimed at bringing sustainable internet connectivity to users in Zanzibar and Tanzania. According to the partnership agreement, the Cardano blockchain infrastructure will be used to provide affordable network nodes […]
After a sharp relief rally, Bitcoin price encountered resistance near $55,000, leading to a short-term pullback in select altcoins.
In distinguishing real-world use versus speculative investing, IOG CEO Charles Hoskinson said he derides DeFi in its current state. The comments come as Cardano announced securing a contract with Ethiopia’s Ministry of Education for a blockchain-based ID system. This accomplishment is part of Cardano’s pan-African strategy that intends to improve lives by providing new systems. […]
Reports from Ethiopia say the government has enlisted the services of software company IOHK in its bid to launch the country’s biggest blockchain deployment to date. As part of the agreement, the Cardano protocol creator will be tasked with the job of creating a blockchain-based national student and teacher identification system. High Praise for the […]
Charles Hoskinson gave new details on a very expected announcement in the Cardano community. The CEO of IOG uploaded a video on his YouTube channel and talked about the partnership with the Ethiopian government. The partners intend to “overhaul” the country’s education system. The Ethiopian Embassy in the United Kingdom and its Ambassador Teferi Melesse […]
In an interview for Forbes, Cardano’s inventor and the CEO of Input-Output Global (IOG), Charles Hoskinson talked about consensus mechanisms, energy consumption, and the potential future for this industry. Based on interoperability, a subject IOG has been developing, Hoskinson called out Ethereum for trying to “lock” users into its ecosystem. Over the next three to […]
Altcoins are notching double-digit gains as bulls push Bitcoin price back toward the $55,000 level.
Bitcoin price continues to come under pressure from sellers while Ether and BNB are attempting to buck the trend.