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.Read more
A development update shared on YouTube has revealed that Alonzo is now able to run smart contracts.
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).
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.
The bridge will reportedly be Cardano’s (ADA) first and is expected to launch before the end of July. The bridging of Cardano and Nervos (CKB) will allow ADA and CKB to be used interchangeably.Read more
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.
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).
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
In an interview with Yahoo Finance, Cardano (ADA) founder Charles Hoskinson explained why Ethereum’s (ETH) transition to proof-of-stake (PoS) does not threaten Cardano.Read more
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.
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.