Cardano news today – Since the beginning of the year, the price of Cardano ADA has been doing relatively well. It was able to get back into the top ten list on coinmarketcap.com and can potentially do better before the end of the year. The Cardano price prediction 2019 and the Cardano price prediction 2020 have been bullish since the Cardano team announced an upcoming upgrade, Cardano Shelley. Cardano Shelly testnet will go live in June and with just a few days left before the big day, the price of ADA is fully under bullish control. Yesterday, the Cardano team gave an update about the progress they have made and new partnerships they have formed. Shortly after the update was made, the price of ADA spiked significantly outperforming Bitcoin and other altcoins.
Cardano Price Prediction 2019 – Cardano News Today – Cardano Price Analysis – Updated Announcement Leads To Surge In The Price Of ADA
In a recent announcement, the Cardano Foundation said that it has entered a new partnership with FTAHK, a Fintech association in Hong Kong. The non-profit organization that operates independently and represents the interest of the the FinTech community in Hong Kong and across the globe. It deals with matters related to RegTech, artificial intelligence, online payment, and online data management among others. This move is just another sign that Cardano is committed to global expansion and adoption.
Cardano (ADA) Price Today – ADA / USD
Cardano has been able to convince a lot of international organizations of its goal. If the promises they have made about the Cardano Shelley project come to pass, the Cardano blockchain will become the most important platform for decentralized apps and smart contracts in the next few years. Cardano Shelley is going to come with many upgrades including quantum resistance, proof-of-stake consensus, MultiSig transaction capabilities, paper wallets, and so much more. Charles Hoskinson has said that this Cardano Shelley upgrade is going to make Cardano 100X more decentralized that Bitcoin.
One of the transformative features that would be introduced to Shelley is the quantum resistance. You see the developers of quantum computers are certain that these computers will make blockchains useless because they can be used to hack or override any blockchain. While they have not yet been deployed, they will be fully ready in the next few years. So, making the Cardano blockchain quantum resistance is one of the biggest moves by the Cardano development team that will make the blockchain stand the test of time.
Cardano Price Prediction 2019: Cardano News Today – Current House Of Cardano
At the time of writing, the price of Cardano ADA was $0.090014. This means that it is up by 4.60% against the USD and up by 3.98% against price of BTC. The trading volume over a 24 hour period is $179,613,365 and the market capitalization is $2,333,795,116. While Bitcoin led the bull run, it started correcting lower toward the end of trading yesterday but Cardano was able to retain its gains.
How high will Cardano ADA go? Well, there is a strong chance that ADA will break the resistance at $0.1000 near-term. This will pave a way for more gains against the USD. However, it’s not clear when this breakout will happen. So, the best way to profit is for you to wait until the market is losing momentum before you start taking profits.
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