Charles Hoskinson Re-confirms Launching of Smart Contract Support On September 12th 

On September 7th, Charles Hoskinson re-confirmed IOHK's tweet on submitting a proposal for the smart contract launch. Hoskinson confirmed that Cardano's smart contracts program will go live on September 12th.  The proposal should trigger the Cardano network Alonzo Hard Fork event on Sunday.  Smart Contract Support Coming Soon On Tuesday, IOHK and Charles Hoskinson announced that they already submitted a proposal to trigger the smart contract launch. IOHK has been famous for the developments of the Cardano network for several years. Cardano has had…

BTC and ETH Approach Final Hurdles as Cardano Cracks $3

BTC has been on fire since the start of the new month. The price finally surmounted the stubborn $49K resistance zone and climbed to its highest level in three months. The BTC/USD pair cruised past $50K. This happened as stocks slid following a report from US officials that revealed underwhelming US job gains. The dampened outlook for the US economy pushed the dollar and S&P 500 index lower while boosting interest in hedging assets like Bitcoin and gold. As the…

BTC Still Bearish as ETH, ADA, SOL Continue to Recover

In the past 24 hours, Bitcoin has maintained a bearish price trend, while Ethereum, Cardano, and Solana's prices continue to rise. Cardano and Solana have been making new ATH values in just the past few weeks. The crypto market also seems to be in recovery.  BTC Bulls Still Uncertain BTC is still on a high low but showing signs of a continued bearish statement. Late 31st August, bitcoin was trading at $47.9k. A few hours later, it managed to even hit…

IOHK Submits Proposal for Final Alonzo Purple Upgrades

Earlier today, Input Output Hong Kong submitted a proposal for an upgrade to the Cardano testnet. The proposal sets out to complete the steps towards the Alonzo hard fork. Moreover, the Alonzo era is significant progress for the chain as it will support smart contracts on Cardano. According to a Twitter thread by IOHK, this upgrade will happen within the next few hours. Furthermore, the network will instigate the hard fork combinator, marking the final stages for the Cardano mainnet…

Cardano’s New Crypto Partnership with Confirm Faces Major Criticism

Cardano Foundation's announcement of its partnership with Confirm, an analytics provider, raised a lot of scrutiny in recent times. Through the partnership, custodians, exchanges, and other third parties can track Cardano's native ADA crypto held in their wallets.  Following the reveal, there have been major concerns circling the partnership by Weiss Crypto. What the Weiss Criticism Entailed Charles Hoskinson, the founder of Cardano, believes that partnering with Confirm will bring more adoption to the Cardano blockchain. After all, its purpose…

BTC and World’s Largest Altcoin, ETH, Hint on A Short Term Bearish Trend

Bitcoin seems to be on a downtrend today after breaking out past its long-term resistance yesterday. Ethereum, Cardano, Binance Coin, and others in the crypto market seem to follow a similar course. Bitcoin Price Analysis On Tuesday 24th, Bitcoin was in a continuous downtrend which began in late 23rd, after bitcoin broke out past $50.5k. Coinmarketcap information shows that this coin has reduced by 2.72% in the past 24 hours. BTC is currently trading at $48.2k, a deep drop from…

Cardano Releases Its Incentivized Testnet Showing Great Promise

On the 16th of December 2019, Cardano incentivized testnet went live. In less than 24 hours, 5.4 ADA already got staked by holders, representing 17% of the total coin supply. Even though IOHK operates some of the leading pools, several independent pools are also topping the pool tool charts.  This significant step envisions Cardano to achieve decentralization through supporting a large number of staking pools. As per the project’s roadmap, the blockchain’s incentivized staking system will reach equilibrium at 1000 pools.…