With the Chang hard fork completed, the long-awaited Conway era has begun on Cardano. With this crucial development, the network took a giant leap towards complete decentralization. One major change is the inclusion of the CIP-1694 governance model, which gives ADA holders more say in network decisions via active voting.
Cardano (ADA) finds itself at a potentially pivotal juncture as renowned analyst Dan Gambardello identifies a bullish divergence in its price action against Bitcoin, drawing striking parallels to a similar pattern observed in 2020. This technical formation has sparked speculation about a possible massive rally for ADA, reminiscent of its
In the early trading session Wednesday, the price of Bitcoin continued its precipitous decline from Tuesday, falling to a low of $55,555. As a result, Bitcoin and other major cryptocurrencies fell to levels not seen in a month. The worst time for global markets since the crash of August 5
The cryptocurrency sector is always evolving for which upgradation is a cornerstone. Web3 development thrives on the constant upscaling of networks and blockchains. Over the weekend, the Cardano ecosystem’s much-awaited Chang Upgrade went live. The upgrade brings new updates and will transform certain key aspects of the network. Notably, the
The founder of the Cardano blockchain, Charles Hoskinson, has declared his intention to establish a decentralized social media platform in Brazil. X, formerly known as Twitter, and the country’s judicial system are increasingly at odds, prompting this action. The X platform was recently prohibited in Brazil as a result of
Cardano (ADA) finds itself at a critical juncture as its anticipated breakout from a bullish descending wedge pattern faces unexpected hurdles. The cryptocurrency’s recent price action has diverged from investor expectations, potentially delaying or even invalidating the forecasted upward movement. The past week saw ADA poised for a major move,
Cardano (ADA) finds itself at a critical juncture as it approaches a potential breakout from a descending trend line that has constrained its price action since May 20. Currently trading at $0.36, ADA has experienced a decline during this period, but recent market activity suggests a possible shift in momentum.
Cardano (ADA) has demonstrated remarkable resilience in the wake of a market downturn, staging a compelling recovery from its August 5 low of $0.27. This rebound has seen ADA’s price surge to reach $0.37. The recent price action has been accompanied by a notable increase in futures market activity. Data
Cardano stands on the cusp of a major transformation as it prepares to implement the Chang hard fork, a pivotal upgrade championed by co-founder Charles Hoskinson. This forthcoming update promises to revolutionize the network’s governance structure, introducing sophisticated voting mechanisms that will empower the community to directly shape Cardano’s future
Cryptocurrencies are buzzing with potential, and 2024 is shaping up to be a thrilling year for those looking to ride the wave. As the market twists and turns, certain digital assets are emerging as frontrunners, thanks to their groundbreaking tech and eye-catching growth prospects. Whether you’re a seasoned crypto enthusiast
