Cryptocurrency pundit and CEO of IOHK, Charles Hoskinson updated the crypto-community about the imminent innovations that are in store for Cardano in the month of August, through his latest AMA session.
Starting off, Hoskinson disclosed that Daedalus, the wallet for Cardano’s in-house crypto ADA, is expected to undergo a major upgrade since its launch. The forthcoming upgrade aims at enhancing the usability features of Daedalus and also rectifying issues based on the community feedback related to the wallet.
As per Hoskinson, most of the upgrade will be in the back-end, favoring the construction of Cardano’s Shelley. Recently in June, the crypto-community [...]
Resistance is meant to occur near the $0.0638 and also at $0.077 if the price manages to have a good climb. Considering the fact that the chart has previously been bearish till 16th July, a big jump seems unlikely. Unless a new update propels ADA forward.
If you wish to take a look at the Delegation setup wizard in Daedalus, head to this page:https://github.com/input-output-hk/daedalus/pull/1503.
IOHK will be in-charge of development of the Cardano blockchain till the next year [Emurgo has a five-year contract with IOHK, and most of the funding comes as a result of their efforts]. By then, Shelley is expected to be fully implemented.
The conditions of altcoin like ADA is running at its worst level because of the fact that intense volatility still prevails in the crypto sphere. The erratic and turbulent nature of BTC is also playing a significant role in slashing down the prices of ADA, no matter how much potential it has on its own. This is the reason why no new projects related to altcoin like Cardano is expected to succeed before the market condition improves to a great extent.Present Statistics of ADA:
Price in USD: 0.0544 USD
Price in BTC: 0.00000563 BTC (03:01 UTC)
Circulating supply: 25,927,070,538 ADA
Market rank: 12
Market cap: 1,417,402,048 [...]
Cardano is one of the projects with the best reputation in the crypto-verse. It’s trying to take things in its hands to solve the problem of market manipulation when it comes to ADA.
Bitwise is a cryptocurrency management firm. It wrote a report last March, and it presented it to tue US SEC. It attracted a lot of attention from the cryptosphere. The report showed in detail how most cryptocurrency trading, 95% according to the report’s numbers, is spurious. Only a handful of exchanges in the world have real trade volumes. Among them are Kraken, Poloniex, Coinbase, and Binance. No surprises there.
The exciting thing is that the data from those ten [...]