ADA, LTC and NEO – High Cap Altcoins Struggle to Recover After Sharp Drop – BeInCrypto

Cardano (ADA) is following an ascending support line but facing resistance at $1.85. Litecoin (LTC) has broken out from a descending resistance line but is facing resistance at $265. Neo (NEO) is trading between support and resistance at $40 and $76.

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Cardano’s Alonzo Now Runs Smart Contracts, Development Update Reveals – BeInCrypto

A development update shared on YouTube has revealed that Alonzo is now able to run smart contracts.
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The revelation came as part of a regular video update on the YouTube channel of Input Output Hong Kong (IOHK), co-developers of Cardano (ADA).

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Cardano Researching ‘Stablefees’ for Cheaper Crypto Transactions – BeInCrypto

The Cardano (ADA) team has begun to research the viability of “Stablefees,” which would establish a base price for crypto transactions.
In a blog post today from IOHK, the firm behind Cardano, stated that future Stablefees would provide transaction pricing that is both fair and predictable.

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Crypto Industry Has Decoupled From Bitcoin, Says Cardano Founder – BeInCrypto

In a recent address on YouTube, Hoskinson spoke at length about how cryptocurrencies are starting to develop independent of bitcoin (BTC).
He acknowledged that while the cryptocurrency market as a whole has usually trended with bitcoin, this season is noticeably different.

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Cardano (ADA) Price Gains 15% Following Smart Contracts Rollout Plan – BeInCrypto

Cardano has seen bullish price action over the weekend following further updates on its upcoming smart contracts rollout plan.
Cardano (ADA) tapped $1.70 on Sunday as the cryptocurrency regained fourth place above Binance coin (BNB).

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Cardano (ADA) Launches the First Testnet of the Alonzo Upgrade – Ethereum World News

The team at IOHK has announced the launch of the first Testnet of the Alonzo Upgrade
Cardano’s Alonzo testnet will first be available to a small group of SPOs, partners and Plutus Pioneers
New users will be onboarded with time as the team integrates new features on the Cardano testnet
Once complete

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Cardano to Let Users Create and Execute P2P Financial Agreements – BeInCrypto

Cardano parent company IOHK is developing a suite of products for decentralized finance (DeFi) called Marlowe.
In a blog post that begins by relating flawed experiences with traditional financial services, IOHK announced they are developing Marlowe.

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Cardano (ADA) Claims Fourth Spot as Binance Coin (BNB) Slips – BeInCrypto

Cardano (ADA) has climbed to fourth spot, overtaking Binance Coin (BNB)
ADA has managed to leapfrog BNB following a difficult week for altcoins. The recent bitcoin price drop has seen the entire market slum. Bitcoin plunged to a sixteen week low as it touched $30,000 this week.

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