Bulls at the current frontier are leading major price rallies in the global crypto market. Significantly, the price of Cardano (ADA) jumped 12% in the last 24 hours to the range of $0.38. At press time, the price of Cardano hovered above the 50-moving average (50MA), pointing out the bullish
Ethereum scaling network Polygon’s Co-Founder Sandeep Nailwal predicted that Ethereum would be the only standard smart contract protocol that overtakes all other layer-1 competitors such as Solana, Aptos, Cardano, and Avalanche. In a recent interview with Crypto Banter, a YouTube channel, Nailwal said; I don’t think there’s going to be
Over a year after planning, developing, and a passing security audit. Cardano’s native overcollateralized stablecoin, Djed, finally launched on the mainnet on January 31. Djed is a cooperative project between COTI (a layer 1 blockchain network) and Input-Output Global (IOG), the blockchain firm behind Cardano. The stablecoin is now accessible
The launch of Stablecoin on the Cardano (ADA) network is much anticipated by ADA holders. According to the COTI blog, the company is collaborating in the development of the stablecoin on the ADA blockchain, which is expected to emerge in the coming weeks. The debut date is currently unknown, however,
Cardano Network, one of the leading open-source blockchain platforms, has recovered rapidly after its brief node disruption. According to recent posts from the developers of Cardano, the blockchain ecosystem witnessed a brief outage on Sunday as 50% of nodes disconnected due to an anomaly. However, the network problem was immediately
Charles Hoskinson, founder of Cardano, said on Friday that he is contemplating purchasing CoinDesk in order to transform it from a cryptocurrency news website into a hybrid of sorts, bringing together news and a community forum. He thinks the asking price of $200 million is too much, despite the fact
Since the beginning of 2023, Cardano (ADA) front news updates have been positive, with a bunch of future development in its ecosystem. Cardano investors are excitedly awaiting the release of $Djed, the network’s first algorithmic stablecoin, which may challenge the largest altcoin, Ethereum ($ETH). These crypto-monsters, Cardano and Ethereum, are
Djed, the Cardano-powered stablecoin, will be released in the latter half of January. According to the official account for the stablecoin. The Cardano community, which has been anticipating the launch of the first algorithmic stablecoin on the world’s biggest proof-of-stake blockchain, responded positively to this news. The COTI decentralized payment
In the beginning of the new year, 2023, Cardano is excited to share the upcoming development of its ecosystem. Yes, a custom-built sidechains toolkit is verified by Input Output Global (IOG) to enhance Cardano adding more security and scalability to its network. As it is evident that Cardano is a
FTX collapse led to the winding down of cryptocurrency trading and custody services once again in 2022 crypto history. As the crypto market recovers with the start of 2023, Today the global cryptocurrency market turned to bullish price momentum. Also, the market cap of all cryptos increased to $889 billion.
