Category: Cardano
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Cardano Continues to Surge After 1.5 Mainnet Release, Up 15% Over 7 Days
After the successful release of its 1.5 mainnet, Cardano (ADA) has broken out from its normal trading range, reaching 2019 highs. It appears that after consistently meeting development and restructuring the Cardano Foundation that cryptocurrency enthusiasts are beginning to take notice. Recent Trading Activity Previously, Cardano was trading between $0.0363 and $0.0534 over the last…
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Markets Update: Altcoins Gain on BTC
The recent bounce in the value of many leading cryptocurrencies relative to fiat currency has comprised the first bullish action in several months. Since bottoming out during the third quarter of 2018, many leading altcoins have made significant bullish moves against BTC. Also Read: BTC-e Operator Alexander Vinnik Terminates His Hunger Strike BTC and BCH…
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Report: Most Major Crypto Assets Show Close Price Correlation
The 2018 bear trend brought an increase in correlation across the leading cryptocurrency markets, with recent research indicating that 10 of the top 15 crypto assets by market cap show a price correlation of more than 64%. Additionally, five cryptocurrency pairs show a correlation larger than 80% for 2018 – ADA and XLM, BTC and…
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Cardano Dominates Blockchain Development by Git Commits
Cardano was the most actively developed coin in 2018 by GitHub commits. Compared to Bitcoin, the world’s largest cryptocurrency by market cap, which sat at 52nd place. More Development on Cardano than on Bitcoin With the end of 2018, a slew of interesting statistics regarding the crypto industry have started to emerge. While some are…
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2018’s Top Cryptocurrencies Ranked by Github Activity
Over the past 12 months, digital asset values have dropped considerably, but behind the scenes cryptocurrency development has increased. Research from data collection websites that track the amount of Github activity taking place in cryptocurrency repositories shows blockchain development is continuing to grow. Also Read: The Cashaccount.info Platform Tethers Names to Bitcoin Cash Addresses Cryptocurrency Github…
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A Look Back at the Top Cryptocurrency Markets From Christmases Past
The cryptocurrency ecosystem has grown dramatically in just a few years, with the number of crypto markets increasing from 59 in 2013 to over 2,000 today. Looking at historic snapshots of the cryptocurrency markets from Christmases past also shows a significant turnover in the leading altcoins by market cap. Also Read: Report Finds a Strong Relationship…
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Cardano Awakens: Heavy-Hitting Updates and Foundation Restructuring
Charles Hoskinson describes Cardano’s 1.4 as the “most significant update to the Cardano ecosystem to date,” with the update featuring a host of high-caliber performance and functionality upgrades to the software. In addition to the update, IOHK has made rapid progress in other areas of the organization, including a restructuring of the Cardano Foundation following…
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Ukrainian Village Distributes Dividends From Crypto Investment
Despite the market slump, the head of а village council in Ukraine has managed to earn profit from a cryptocurrency investment he made on behalf of the residents of the Elizavetovka, Dnipropetrovsk region. Earlier this year, Maxim Golosnoy bought a small amount of cryptocurrency using his own savings and has recently distributed dividends to the…
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November Volume Rankings: Bearish Momentum Drives Surge in Trade
The significant bearish momentum experienced across cryptocurrencies throughout November drove a significant increase in monthly trade volume among the leading markets. Also Read: Japan Unveils Plans to Regulate Initial Coin Offerings BTC Posts Strongest Volume Since May According to Coinmarketcap, BTC saw an increase in monthly trade activity of 43 percent in November. Nearly $156.5 billion…