cardano crypto

Cardano (ADA) has lost more than 24% since the long-awaited Vasil update, as investors seem to become increasingly dissatisfied with the market's reaction.

Vasil Update - an update without a reflection in the price?

Vasil was supposed to be one of the major developments of the project, which, like previous updates e.g. the 'Mary hard fork update', was supposed to foster efficiency and network growth, and ultimately increase Cardano usage.

The most important areas of the update were to include improvements to throughput, transfer speed and the Plutus language for the development of dApps (decentralised applications), i.e. applications that can be developed on the project infrastructure.

Following the launch of the 'Vasil update' on 23 August in Europe, the price of the coin rose by more than 12% in the following weeks. However, it then began to fall. Is possible that the low volatility of the ADA price at the end of September was due to the general sideways trend across the crypto

KuCoin: Staking Crypto - Cardano (ADA)/Terra (LUNA)/Polkadot (DOT)/Polygon (MATIC)/Cosmos (ATOM)/Tron (TRX) Flexible Promotion, Enjoy an APR up to 6.3%!

KuCoin: Staking Crypto - Cardano (ADA)/Terra (LUNA)/Polkadot (DOT)/Polygon (MATIC)/Cosmos (ATOM)/Tron (TRX) Flexible Promotion, Enjoy an APR up to 6.3%!

Kucoin Blog Kucoin Blog 19.04.2022 11:08
Dear KuCoin Users, KuCoin Earn will be launching the ADA/LUNA/DOT/MATIC/ATOM/TRX Flexible Promotion at 07:00:00 on April 19, 2022 (UTC). Stake to enjoy an APR of 6.3% (excluding POL mining). The details can be found in the table: Staking Product Promotion Start Time(UTC) Expected APR (*Excluding POL rewards) ADA 2022/04/1907:00:00 2.7% LUNA 2022/04/1907:00:00 2.7% DOT 2022/04/1907:00:00 6.3% MATIC 2022/04/1907:00:00 3.6% ATOM 2022/04/1907:00:00 6.3% TRX 2022/04/1907:00:00 2.7%   *During the staking period, in addition to the staking benefit from the project, users can also get a share of the POL mining rewards every day! How to Participate:  During the activity period, all KuCoin users can go to the KuCoin Earn website and choose their desired product to stake. Notes: Users need to be registered on KuCoin to join this promotion. During the redemption period, no staking rewards of the staked assets and POL mining rewards will be generated. The user hereby confirms that participating in the staking activity is voluntary, and the KuCoin Group has not forced, interfered with, or influenced the user's decision in any way. Risk Warning: Staking is a risk investment channel. Investors should be sensible in their participation and be aware of investment risks. The KuCoin Group is not liable for users’ investment gains or losses. The information we provide is for users to conduct their own research. It is not investment advice. The KuCoin Group reserves the right of final interpretation of the activity. Thank you for your support! The KuCoin Earn Team Find The Next Crypto Gem On KuCoin! Download KuCoin App >>> Follow us on Twitter >>> Join us on Telegram >>> Join the KuCoin Global Communities >>>
Cardano remains asleep for the last two months and a half

Altcoins: Cardano (ADA) What Is It? - A Deeper Look Into Cardano (ADA)

Rebecca Duthie Rebecca Duthie 23.05.2022 13:24
Summary: What is the Cardano Platform and how does it work? Advantages of the Cardano exchange. Cardano's past, present and future price positions. Read next: Altcoins: Ripple Crypto - What Is Ripple (XRP)? Price Of XRP  Cardano’s platform Cardano’s mission is to be a blockchain for innovators, visionaries and changemakers, it has the tools and technologies required to create possibilities to bring about positive global change for the many, as well as the few. The Cardano platform was founded in 2015 and launched in 2017. The platform token “ADA” has a maximum supply of 45 billion ADA, a circulating supply of more than 33.7 billion and a market capitalisation of more than $18.25 billion. The cardano platform is a proof-of-stake blockchain, it was the first to be founded on peer-review research and was developed through evidence-based methods. The blockchain combines pioneering technologies to provide unparalleled sustainability and security to decentralised systems, applications and technologies. Proof-of-stake refers to a type of consensus mechanism used to validate cryptocurrency transactions. Cardano’s aim for their platform Cardano’s aim is to be an enabling force for positive change and progress, in order to achieve this they have a leading team of engineers. The platform exists to redistribute power from the unaccountable to the margins and the individuals. Cardano's platform integrations and protocol implementations are first researched, mathematically modelled, tested and challenged before they are specified. The Cardano platform is designed to reward those who act in the best of the network and are also acting in their own best interests. The scalability and sustainability combination allows Cardano to achieve the throughput required to meet the ever changing demand of the global systems: logistics, societal, financial and identity. Some of the uses of the Cardano platform and ADA token: Send, create and receive NFTs and native tokens. Set up and manage your own staking pool on Cardano. Users are able to create their own smart contracts. Users can integrate their Cardano technology into their existing websites and platforms. ADA tokens can be used to vote on governance proposals, those that distribute treasury funds in particular. ADA tokens can be staked to earn rewards. Ouroboros and Cardano Cardano is the first blockchain to implement the Ouroboros protocol. Ouroboros is the first peer-reviewed, verifiably secure blockchain protocol, which enables Cardano’s decentralisation and allows it to scale global requirements sustainably without compromising security crucially. Advantages of investing in Cardano The Ouroboros blockchain protocol. Evidence-based development: the evidence-based methods used to create the Cardano blockchain is a combination of methods, which are normally found in critical high-stake applications, along with an agile approach, which helps the project remain responsive and adaptable to new innovations and emerging requirements. Security: when using the cardano platform, it is possible for users who have never met or transacted before to interact and transact with a high level of security. The Cardano platform builds trust where there otherwise may not be any, which opens up doors to many more markets and opportunities. Incentivised participation: Cardano is an open-source project developed through open participation. Cardano has an incentive mechanism to ensure network health and longevity, the mechanism rewards users for their participation, either through stake delegators or as stake pool operators. The governance system gives all users a voice, ADA holders can submit or vote proposals on proposals to improve the platform. Scalable and sustainable: Ouroboros allows the Cardano platform to scale global requirements with minimal energy requirements. Cardano's performance-energy is achieved through a combination of novel approaches namely, side chains, multi-ledger and parallel transaction processing through multi-party state channels. Follow FXMAG.COM on Google News Past, present and future prices of Cardano After the launch of ADA, the original price spiked and then fell back down the pre-launch levels. It took Cardano’s ADA a couple of years to truly see any real price change. In 2021 Cardano reached a maximum price of more than $2.77, but has since been on a declining streak. Currently the cryptocurrency markets have been declining, the current economic conditions are sending investors searching for safe-haven assets, a category that cryptocurrencies do not fall under, this is causing a sell-off investor sentiment. Some analysts believe that the price of ADA will fluctuate but will see an increase, and thereafter consistently increase until 2030 wherein the value is expected to reach around $13.55. However, predicting the future value of cryptocurrencies is difficult due to the volatility of the markets they operate in. ADA Price Chart Read next: Altcoins: What Is PancakeSwap (CAKE)? A Deeper Look Into The PancakeSwap Platform  Sources: finance.yahoo.com, cardano.org, coinbase.com, changelly.com  
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How Much Has Cardano Price (ADA) Decreased Since The Vasil Update?

Conotoxia Comments Conotoxia Comments 13.10.2022 21:10
Cardano (ADA) has lost more than 24% since the long-awaited Vasil update, as investors seem to become increasingly dissatisfied with the market's reaction. Vasil Update - an update without a reflection in the price? Vasil was supposed to be one of the major developments of the project, which, like previous updates e.g. the 'Mary hard fork update', was supposed to foster efficiency and network growth, and ultimately increase Cardano usage. The most important areas of the update were to include improvements to throughput, transfer speed and the Plutus language for the development of dApps (decentralised applications), i.e. applications that can be developed on the project infrastructure. Following the launch of the 'Vasil update' on 23 August in Europe, the price of the coin rose by more than 12% in the following weeks. However, it then began to fall. Is possible that the low volatility of the ADA price at the end of September was due to the general sideways trend across the crypto market, which was also seen in leading tokens such as Ethereum and Bitcoin. What's next for Cardano? Cardano price, daily candles Source: Conotoxia MT5 Investors have been selling off the token significantly since the beginning of this week, with the token losing more than 15% on the Conotoxia MT5 platform today at 15:00 GMT+3. Such large declines may also be driven by regularly deteriorating sentiment in other markets, with which the token appears to have been strongly correlated over the past year. According to Macroaxis data, the 3-month average correlation between Cardano and the QQQ ETF, which gives exposure to the Nasdaq Composite index, is now as high as 0.75. The Ethereum merge that affected the performance and cost of ETH may also play a role in Cardano's performance. The blockchain of the world's second-largest token has become, thanks to infrastructure changes, a very attractive place to develop dApps, which may impact growth expectations for the ADA project. An additional factor that may favour short-term declines in the value of the token is the relatively large run-up of the ADA, from a local low (in July this year). It has provided enough room for the downside we are now seeing. The token scored a 35% rally during this period, broken along with other coins in the second half of August. How to find CFDs on Cardano? CFDs allow you to open buy and sell positions, and thus invest when quotes rise as well as fall. At Conotoxia, you can choose from CFDs on more than 5,000 financial instruments, including more than 140 CFDs on cryptocurrencies. Wanting to find CFDs on Cardano, all you need to do is follow 4 simple steps: To access Trading Universe - a state-of-the-art center for financial, information, investment and social products and services with a single Smart account, register here. Click "Platforms" in the "Invest&Forex" section. Choose one of the accounts: demo or live On the MT5 platform, search for a CFD cryptocurrency and drag it to the chart window. Use the one-click trading option or open a new order with the right mouse button. Rafal Tworkowski, Junior Financial Markets Analyst, Conotoxia Ltd. (Cinkciarz.pl investment service) The above trading publication does not constitute an investment recommendation or information recommending or suggesting an investment strategy within the meaning of Regulation (EU) No 596/2014 of 16 April 2014. It has been prepared for information purposes and should not form the basis for investment decisions. Neither the author of the study nor Conotoxia Ltd. accepts any responsibility for investment decisions made on the basis of the information contained in this publication. Reproduction or reproduction of this study without the written consent of Conotoxia Ltd. is prohibited. Read article on Conotoxia.com