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Cardano Founder Firmly Opposes “$ADA Burn” Proposal, Here’s Why

Cardano ($ADA) founder Charles Hoskinson is strongly against the idea of deflationary economics which has become quite popular in the crypto world. Hoskinson during a recent AMA session on Youtube expressed his strong displeasure against the idea of token burn, comparing it to stealing food. He said the proposal reflects people’s greed and stupidity and

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ETH Price Analysis: Can Ethereum Regain Supremacy Over Layer 2 Solution?

ETH is down around -2% over the last week ETH Price has been held up by 300MA ETH Price has formed a month long ascending channel Solana Outage Proves Ethereum Still Best In Game? Ethereum has surely been the motherboard of web3 over the last year as nearly all DeFi & NFT projects have some

The post ETH Price Analysis: Can Ethereum Regain Supremacy Over Layer 2 Solution? appeared first on Coingape.

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Cardano’s Smart Contract Count Breaches 2,200, Hoskinson Says Defi “up for grabs”

Cardano ($ADA) blockchain successfully integrated smart contracts to the mainnet on September 12 via Alonzo hardfork. The key upgrade was a major milestone coming at a critical time when NFT and Defi market is touching new highs. The smart contract functionality would allow Cardano to support Dapps, Defi protocols, and NFTs which all are governed

The post Cardano’s Smart Contract Count Breaches 2,200, Hoskinson Says Defi “up for grabs” appeared first on Coingape.

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Dogecoin, Cardano Price Analysis: September 16, 2021

Dogecoin recovery remains in jeopardy, with a sell signal from the SuperTrend holding steady. Cardano embraces immediate support at $0.24, but more hurdles are expected at the 50 SMA and the descending trend line. The week’s trading is grinding to the tail end, and cryptocurrencies across the board are still struggling with various crucial hurdles

The post Dogecoin, Cardano Price Analysis: September 16, 2021 appeared first on Coingape.

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Cardano Breaks 100 Smart Contracts Milestone, Here’s Why it Could Boost $ADA Price

Cardano successfully integrated smart contract support on the mainnet with Alonzo hardfork on September 12. The blockchain has reached 100 smart contract milestones within 24-hours of the Alonzo upgrade. Charles Hoskinson, the founder of the Cardano blockchain called it six years of hard work turning into a success. He said, “This upgrade is the culmination

The post Cardano Breaks 100 Smart Contracts Milestone, Here’s Why it Could Boost $ADA Price appeared first on Coingape.

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Cardano ($ADA) Completes Alonzo Hardfork Successfully, Hoskinson Wins NFT Bet

Cardano ($ADA) blockchain went under a successful Alonzo upgrade on September 12 integrating smart contract support on the network. The long-awaited upgrade made Cardano blockchain smart contract compatible opening avenues for a new ecosystem that would comprise of Dapps and NFTs. Cardano founder Charles Hoskinson tweeted the successful upgrade bringing a new era to the

The post Cardano ($ADA) Completes Alonzo Hardfork Successfully, Hoskinson Wins NFT Bet appeared first on Coingape.

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SOL Price Analysis: As long as Solana (SOL) Holds this Trend, Prices to Rise Back Near $200.

SOL price is up nearly 28% over the last week SOL Price is dangling on its near 3 week support trend 40MA has continued to act as support Can Solana (SOL) Beat Ethereum in Its Own Game? Solana (SOL) has outperformed nearly all other top 100 coins over the last few weeks as prices have

The post SOL Price Analysis: As long as Solana (SOL) Holds this Trend, Prices to Rise Back Near $200. appeared first on Coingape.

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Cardano ($ADA) NFT Transfer Volume Nears Ethereum, Hoskinson Calls Out Naysayers

Cardano ($ADA) is less than 24-hours away from the Alonzo upgrade that would make the blockchain smart contract compatible. The smart contract went live on Alonzo Purple on September 1st itself that open the gates for new Dapps and NFT minting on the testnet before the mainnet launch. While many naysayers are still betting against

The post Cardano ($ADA) NFT Transfer Volume Nears Ethereum, Hoskinson Calls Out Naysayers appeared first on Coingape.

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Beyond Bitcoin: Asset Manager Bitwise Launches Crypto Index Fund Offering Altcoin Exposure

The institutional demand for crypto has now moved beyond Bitcoin. Analyzing the market demand, crypto asset manager Bitwise is taking a step in this direction! Earlier today, September 9, the world’s largest crypto index fund manager – Bitwise Asset Management – introduced the world’s first “ex Bitcoin” Crypto Index Fund in the market. This is

The post Beyond Bitcoin: Asset Manager Bitwise Launches Crypto Index Fund Offering Altcoin Exposure appeared first on Coingape.

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Why MicroStrategy Executives Are Selling Their Stocks? Here’s the Bitcoin (BTC) Connection

MicroStrategy, the Fortune 500 company that started the trend of public companies holding Bitcoin (BTC) on their balance sheet recently filed their monthly report with the SEC. The latest filing has got the crypto community abuzz as it revealed some of the top executives in the company have unloaded their stocks. The monthly filing revealed

The post Why MicroStrategy Executives Are Selling Their Stocks? Here’s the Bitcoin (BTC) Connection appeared first on Coingape.

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Here’s Why Litecoin OmniLite Could Help $LTC’s Bull Case Amid NFT Frenzy

Litecoin ($LTC) currently ranked fifteenth on the coinmarketcap is recovering from Tuesday’s market crash and is up 5% for the day trading at $184.57. The altcoin recently caught everyone’s attention as its price rose to a new 3-month high of $232.10 right before the market crash. Many analysts believe the hard-forked sibling of Bitcoin could

The post Here’s Why Litecoin OmniLite Could Help $LTC’s Bull Case Amid NFT Frenzy appeared first on Coingape.

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Cardano ($ADA) Regains $2.50, Can it Retest ATH Before Sunday Alonzo Upgrade?

Cardano ($ADA), the third-largest cryptocurrency by market cap is currently recovering from the Tuesday bloodbath that led to a 35% price decline for $ADA from its ATH of $3.10. $ADA fell to a weekly low of $2.04 before starting its path to recovery. The altcoin is currently trading at $2.51 and looks to build momentum

The post Cardano ($ADA) Regains $2.50, Can it Retest ATH Before Sunday Alonzo Upgrade? appeared first on Coingape.

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Cardano (ADA) Price Falls 35% From All Time High, Will Bulls Gobble Up The Dip?

ADA price has fallen over -30% the last week ADA Price has bounced off long term trend line ADA Price must regain $2.51 to be out of hot water Cardano (ADA) price has went on an amazing run over the last month as prices rose over 200% from $1.00 past $3.00. This price movement was

The post Cardano (ADA) Price Falls 35% From All Time High, Will Bulls Gobble Up The Dip? appeared first on Coingape.

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Cardano Founder Warns About “Massive FUD Storm,” $ADA Price Slumps to Weekly Low

Cardano ($ADA) is less than a week away from Alonzo hardfork that would integrate smart contract support in the blockchain. The developers have already integrated the smart contract support on the first public testnet on September 1, following which the first Dapp in the form of multi-pool DEX Minswap went live on Alonzo Purple. However,

The post Cardano Founder Warns About “Massive FUD Storm,” $ADA Price Slumps to Weekly Low appeared first on Coingape.

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Cardano’s (ADA) First Dapp on Alonzo Faces Heavy Criticism, Here’s IOHK’s Response

Cardano blockchain launched the first Dapp on Alonzo testnet after the launch of smart contract functionality on September 1. The blockchain is all set to integrate the same to its mainnet on September 12 amid high anticipation and hype. However, Dapp has faced heavy criticism over its functionality and trading limits from ETHhub founder Anthony

The post Cardano’s (ADA) First Dapp on Alonzo Faces Heavy Criticism, Here’s IOHK’s Response appeared first on Coingape.

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Is JP Morgan Right About “Frothy” Crypto Market?

JP Morgan has speculated on another bearish phase after reviewing the extraordinary monthly US stocks collection. According to the bank, more and more retail investors have spent on US stocks over the summer of 2021. Furthermore, this wave of investment into stocks has also extended to “altcoins” in August, as investors joined the non-fungible tokens

The post Is JP Morgan Right About “Frothy” Crypto Market? appeared first on Coingape.

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This European Region Sees Highest Crypto Illicit Activities After Africa: Chainalysis

Chainalysis, the crypto data analytic firm released a preview of its 2021 Geography of Cryptocurrency report which is scheduled to release later this year. The preview blog focused on the use of cryptocurrencies for illicit activities and which countries and regions see the most of it. Africa topped the list of regions that see the

The post This European Region Sees Highest Crypto Illicit Activities After Africa: Chainalysis appeared first on Coingape.

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Fantom (FTM) Blasts to ATH Amid Market Surge, Can FTM Break $1?

FTM price is up over 110% this week FTM Price has formed a potential rising wedge FTM must hold the 20MA to continue rising Fantom (FTM) price had an amazing run over the last week as prices have surged over 100% to new ATH. A few days ago, Fantom announced a massive incentive program to

The post Fantom (FTM) Blasts to ATH Amid Market Surge, Can FTM Break $1? appeared first on Coingape.

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Cardano (ADA) Posts New ATH of $3.10, Hoskinson Wins Another Bet Before Alonzo Uprgrade

Cardano (ADA), the third-largest cryptocurrency by market cap posted a new ATH of $3.10 crossing the $3 barrier for the first time. The altcoin surged over 12% in the past 24-hours and has weekly gains of over 18%. The new ATH also came just a day after Cardano launched the final testnet before the scheduled

The post Cardano (ADA) Posts New ATH of $3.10, Hoskinson Wins Another Bet Before Alonzo Uprgrade appeared first on Coingape.

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Cardano Price Analysis: ADA Renews Journey Above $3 While $3.5 Comes To Sight

Cardano seems to be joining Ethereum in the altcoin-led weekly bull cycle. Cardano embraces price discovery above $3 while massively support between $2.81 and $2.8e, as the IOMAP reveals. Cardano is up nearly 9% and has reclaimed ground above $3. The token is the first among major cryptocurrencies to hit a new all-time high. ADA

The post Cardano Price Analysis: ADA Renews Journey Above $3 While $3.5 Comes To Sight appeared first on Coingape.

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