Cardano price today is 0.37with a 24hour trading volume of 610 million dollar. ADA price is up 3% in the last 24 hours and 45% up since last month what is cardano? well, cardano is a proof of stake blockchain cryptocurrency founded in 2017 by Charles Hoskinson, who also co-founded Ethereum. The Cardano blockchain was created for decentralized application distribution and it hopes to solve issues such as scalability, interoperability, and sustainability. Smart contracts are also adapted in the design of Cardano to ensure the blockchain platform can run independently without the need for any professional or third party oversight. now lets talk about ada price as you can see Ada stuck in a blue channel and bulls trying to break it and back to 0.41 which is another important resistance, if ada breaks it then 0.45 and 0.49 are next targets
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Charles recently said that he is considering buying crypto news service CoinDesk to revamp it into a mix of a news and community site. CoinDesk is a subsidiary of DCG, and the current price is about 200m, what do you think? is it a good idea?
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Ada 1h tf
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Ada couldn't break the 0.38 level and didn't manage to hold the uptrend too so respect the dump!
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Binance Will Support the Cardano (ADA) Network Upgrade & Hard Fork