CARDANO price, news and Forecast (ADA US DOLLAR)


Cardano (ADA) Price Prediction: A sweep of the summer lows in the making


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Editors' picks

Fed’s Powell calls for proper crypto regulations as Bitcoin price shoots beyond $20,000

Fed’s Powell calls for proper crypto regulations as Bitcoin price shoots beyond $20,000

Bitcoin price is exploring highs above $20,000 on Tuesday after holding support at $18,800 for nearly four days. Green sprouts are noticeable across the market, led by Uniswap price’s 16.70% move to $6.60

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Ethereum price eyes $1,450 as post-Merge tax problems arise

Ethereum price eyes $1,450 as post-Merge tax problems arise

Ethereum price shows a steady climb over the last twelve hours as a direct consequence of the sudden spike in Bitcoin price, which influences the whole crypto market. 

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XRP price cools off before preparing for its next 100% rally

XRP price cools off before preparing for its next 100% rally

XRP price shows an interesting development in the lower time frame that hints at a potential retracement. The higher time frame scenario also entertains the possibility of a deeper pullback after its recent explosive move.

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MATIC Price Prediction: These signals are key to catching Polygon’s 20% rally

MATIC Price Prediction: These signals are key to catching Polygon’s 20% rally

MATIC price continues to consolidate around the range low for more than a week and shows no signs of breaking out. Investors should pay close attention and anticipate the bullish resurgence, which could trigger an explosive move.

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Bitcoin makes a bullish comeback amid regulatory tension, but lacks confirmation

Bitcoin makes a bullish comeback amid regulatory tension, but lacks confirmation

Bitcoin price takes the first step to recovery but needs solid confirmation that will arrive after a flip of the $19,539 level into a support floor. After a successful flip, investors could expect a move up to an intermediate hurdle at $20,737.

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WHAT IS CARDANO?

According to the Cardano Foundation, Cardano’s native token, ADA, is a digital currency. Any user, located anywhere in the world, can use ADA as a secure exchange of value – without requiring a third party to mediate the exchange. Every transaction is permanently, securely, and transparently recorded on the Cardano blockchain. Learn more in our Cardano Guide.

Every ADA holder also holds a stake in the Cardano network. ADA stored in a wallet can be delegated to a stake pool to earn rewards – to participate in the successful running of the network – or pledged to a stake pool to increase the pool's likelihood of receiving rewards. In time, ADA will also be usable for a variety of applications and services running on the Cardano protocol.

Characteristics of Cardano

Cardano was created as an alternative to Ethereum, with the mission of creating a platform that can process more transactions at a low cost.

  • It is the first peer-reviewed decentralized blockchain protocol that uses a scientific approach.
  • Cardano blockchain allows users to build smart contracts, create decentralized applications and protocols, and instantly send and receive funds with minimal fees.
  • ADA holders use their coins to vote for changes or improvements on the protocol, taking part in its development.

Differences between Bitcoin and Cardano

  • Cardano combines Ethereum and Bitcoin features. It also has other features inherent to third-generation blockchains.
  • ADA approach is unique based on peer-reviewed scientific evidence to ensure its security.
  • As a smart contract platform, Cardano provides safety and scalability through its unique two-layered architecture.

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