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Cardano (ADA) blockchain developer Input Output Hong Kong (IOHK) has submitted an update proposal to hard fork the Cardano testnet, kicking off the countdown for the network's Vasil mainnet upgrade.The Vasil upgrade is slated to bring “significant performance and capability upgrades” to the blockchain, with IOHK describing the fork as
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After a few weeks of continuous decline, major cryptocurrencies saw a revival as the crypto market added about 4.4% to overall capitalization in the past 24 hours. The king coin, Bitcoin, showed signs of bottoming out, and the traditional market showed strength at the start of this week. After about
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Cardano (ADA) exhibited strength over the last 24 hours as the coin rallied by almost 25%. With Bitcoin trying to climb up on its chart, altcoins have reflected the same price action. Broader market seems to be regaining its lost momentum with major market movers showing signs of recovery. The global
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Bitcoin showed signs of bottoming out earlier this week, with the broader market adding some 4.4% in the past 24 hours. Original Source
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“If you move too quickly … everybody loses their money,” says Hoskinson, who will speak at Consensus 2022 next month. Original Source
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Cardano’s ADA jumped as much as 40%, leading gains among the biggest cryptocurrencies. BNB Chain’s BNB spiked 30%, Solana’s SOL added 25%, and XRP added 22% during the Asian morning. The recovery came as bitcoin (BTC) and ether (ETH), the two largest, added over 12% each. Most of the largest
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Cardano was pushed down in the crypto top 10 by market cap as LUNA and XRP took over its former place. However, ADA’s price has been surging in the last month and could reclaim previous highs as the general sentiment turns bullish. Related Reading | Cardano Soars 13% On Rumors Of
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Coinbase says there’s about a 3.75% annual percentage yield on staking Cardano. Source
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Whale holdings have increased by over 40% this year. "Following a 70% correction, these addresses have now been accumulating aggressively. This group, as well as those holding over 100M ADA, recorded double-digit growth month over month," Outumuro said. Original Source
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Rudd Feltkamp, CEO of crypto trading bot Cryptohopper, has a different view, reminding that markets generally do a good job of discounting big news. “If you look at major historical events and how the stock markets react, there is not an extremely large action/reaction,” he told CryptoX in an email.
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