Cardano plans to find a way to El Salvador Saturday, June 26

Cardano plans to find a way to El Salvador Saturday, June 26

Charles Haskinson, CEO of Input Output Global (IOG), said he had discussed Cardano with El Salvador officials.

"Yes, we are in talks with some officials and parties in El Salvador; I may have a government trip to this country. We have sent them all the necessary documents, we will meet with the President of this country in the next step. But the result of these actions will be basically in their hands. "

Cardano recently announced a series of government agreements in Ethiopia and Tanzania aimed at expanding blockchain infrastructure related to education and Internet connectivity. But given that El Salvador has recognized bitcoin as a common currency, Haskinson has seized the opportunity to take advantage of the cryptocurrency movement.

Given that the recently passed law is called the "Bitcoin Law", will Cardano have a chance to be recognized in the same way?

In El Salvador, everything is going well with Bitcoin, to the point that President Najib Abu Qila has set September 7 as the start date for the project, ignoring the non-approval of the International Monetary Fund and the World Bank.

The final step is to set up a national wallet that will facilitate the immediate conversion of USD and the transfer of BTC in and out. Users of this wallet will receive $ 30 as an incentive to register.

Bitcoin activity in El Salvador has shown the world that, despite opposition, the acceptance of this cryptocurrency will be realized gradually. Cardanians pool sticking operator has made a controversial claim on Twitter that Cardano is something beyond bitcoin. This blockchain can offer more transparency, independence and freedom than Bitcoin.

"Dear people of El Salvador, blockchain is not limited to bitcoin. Blockchain allows you to create a global identity or make financial processes more transparent. You can even export your StableCoin and become independent. If you want more freedom, check out Cardano. "

It is true that Bitcoin lacks programmability, but so far no other cryptocurrency has been able to be so reliable. This fact may have been a determining factor in the legalization of its sale in El Salvador.

Of course, with Bitcoin leading the way in El Salvador, the attention of Altcoin developers is also increasing. Najib Abu Kileh said in an interview with the YouTube channel What Bitcoin Did that it is difficult enough to cope with the two parallel currencies BTC and USD; Facilitating the process with a few legal fees is practically impossible.

He stressed that he was not going to ban altcoins and that developers could operate freely in stores and in El Salvador. As for the legal license, Bitcoin is the only cryptocurrency for the country. It remains to be seen whether the efforts of developers like Haskinson can be successful.

Ethereum| co-founder: I bet {Cardano* and Polkadat*} will have a very bright future

Ethereum co-founder: I bet Cardano and Polkadat will have a very bright future

Anthony Di Iorio, a Canadian entrepreneur and co-founder of Ethereum, a leading smart contract platform, has said he strongly believes in the potential of Cardano (ADA) and Polkadat (DOT).

Di Yario, who is also the CEO and founder of the Canadian blockchain startup Decentral and the cryptocurrency wallet Jaxx, said in an interview with Anthony Pompliano that he has a diversified portfolio of several top projects, including Cardano and Polkadat.

Apparently, his full knowledge of the founders of these two projects has created such a firm confidence. Di Yario added that he joined the Ethereum development team in early 2012 after meeting with Vitalik Butrin at a Bitcoin conference.

He has strong ties to other Ethereum co-founders, including Vitalik Butrin, Cardano founder Charles Haskinson and current Polkadat CEO Gwynwood. He confirmed that when he worked with these people, he realized that they all have a purposeful vision and will certainly put these projects on the path to progress.

It should be noted that despite all the hype that has recently arisen in the Difai space, Di Yario has acknowledged that he intends to keep his investments simple and invest in larger projects.

"Most of my capital is focused on a few top projects like Ether, Bitcoin, Cardano and Polkadat. I also like Casmas. There are a few other things, but I do not get lost in the space of defense. I think to myself that I do not have enough time and energy to do this. This is a full-time program that requires a lot of work and should be at the top of everything, which is why I have simplified my life over the last few years. "

Successful {implementation} of the first smart contract on [Alonzo] Cardano

Successful implementation of the first smart contract on Alonzo Cardano

According to the June 11 development update, the first smart contract on Alonzo, Cardano Public Network, has been successfully completed.

As reported by U.Today, smart contracts are expected to be fully operational by September.

Currently, the development team is in the middle of the "Alonzo Blue" stage. The program is focused on creating command line interfaces (CLIs) for writing "Hello World" style smart contracts.

As soon as the partners and pioneers can create the basic scripts, Cardano will be ready to move to Alonzo White. According to Nigel Hemsley, Head of Delivery and IOHK Projects, they must successfully prove that they can "send, validate and execute in the supply chain."

During that step, all Plutus components, including the application backend code, will be introduced.

Altlabs, Eleks, Mlabs, Obsidian and other partners are currently working on applications such as cryptocurrency exchanges, liquidity and stock pools, NFTs and exchanges.

When all stock pool operators and Plutus pioneers can join, this public network will be completely public during the "Alonzo Purple" phase.

Cardano Analysis (ADA) Tuesday, April 13

Cardano Analysis (ADA) Tuesday, April 13

The price of Cardano digital currency has increased by about 10% in the last 48 hours. Due to the 12-hour time frame, an important level of resistance has prevented price growth. In the last month, the price has hit this level several times but has not been able to cross it.
Looking at the 12-hour timeframe, we notice the formation of an ascending triangle pattern. This pattern consists of an uptrend line and a horizontal trend line.

The resistance level of this pattern is in the range of $ 1.35. The price is currently fluctuating in the range of $ 1,317 and is only 2.% away from this level. If Cardano can cross this resistance level, then one can expect a price increase of up to $ 1.647.
However, a significant resistance has formed at $ 1.47 and the price has hit it twice in the last month.

If the resistance does not break $ 1.35, the price will fall to the uptrend line at $ 1.24. Next, if the price penetrates below the level of this pattern, we will see a 22% drop to $ 0.96. In this way, $ 1.15 and $ 1.04 levels will play a supporting role.

Micro-investor opinion: Cardano is higher than Bitcoin

Micro-investor opinion: Cardano is higher than Bitcoin

According to a recent survey by cryptocurrency broker Voyager Digital, US investors' outlook on Cardano (ADA) is much higher than that of the market's leading cryptocurrency, Bitcoin (BTC).

The company's digital asset investor sentiment poll, first published by the Decrypt news website, shows that 31.9% of investors surveyed are more bullish than Cardano, while 22.2% are BTC. Have been selected instead of ADA. The results came as Cardano hit a record low of $ 1.5 last month, becoming the fourth-largest currency in terms of market value.

Steve Ehrlich, CEO of Voyager Digital, said:

"Sure, everyone is talking about bitcoin these days, but to name Cardano ahead of the currency is really a big surprise."

Ehrlich added that this sentiment reflects the "passion" that the company's users have for cryptographic assets. After Bitcoin, investors had the "most bullish outlook" on Atrium (12.2%) and Polkadat (6.3%). According to him, the results show that the diversity in the cryptocurrency ecosystem has increased, because investors have more assets to choose from.

The survey of 1385 investors in the United States found that most participants expect the price of bitcoin to reach $ 51,000 to $ 60,000 by the end of this month, in addition to the fact that 80% of respondents said they intend to Buy more bitcoins this month.

The results of the Cardano poll were somewhat predictable, as the cryptocurrency has risen more than 500 percent this year, drawing the attention of small investors.

It is worth mentioning that the search for this cryptocurrency also exceeded the highest figure recorded in 2017 last month, and since then, this upward trend has continued. A Google search for a cryptocurrency is often used to assess the interest of small investors in that currency.

Cardano's price has risen to $ 1.11 after a massive correction from its highest price level of about $ 1.5.

Cardano Analysis (ADA) Wednesday, March 10

Cardano Analysis (ADA) Wednesday, March 10

Matt Cardano Digital has taken a low-swing trend after crossing the border of the regular triangle pattern. According to this model, Cardano has a goal of $ 1.56.
According to the IOMAP chart, Cardano is on the rise in the absence of strong resistance. However, the $ 1.15 to $ 1.18 resistance range is particularly important. In this price range, over 2.1 billion Cardanos have been purchased by 38,250 user accounts.
Prices are currently above the level of a significant self-stabilization support. According to the IOMAP chart, about 147,000 accounts have purchased 5.1 billion of these digital currencies in the $ 1.11 to $ 1.15 range.

Looking at the four-hour timeframe, we notice the formation of a regular triangle pattern and its breaking. According to this pattern, the price is likely to grow by 34% to $ 1.56. Despite the breaking of this pattern, the uptrend of stability is still not formed. On the other hand, stabilizing the high price of moving average indicators is necessary to form an uptrend.
Similarly, if the MACD indicator is above the signal line, then the $ 1.56 target can be predicted with more confidence.
On the other hand, if the price penetrates below the levels of 50 and 100 moving average indicators in the four-hour time frame, a downward trend is formed and if the price returns to the triangle pattern range, one can expect a further fall in price.