Author: dfmines

Cardano (ADA) follows the general trend in the crypto market and recorded moderate losses in the past weeks. As of press time, ADA trades at $1,30 with 5.1% and 18.1% losses in the daily and weekly charts respectively. Cardano has been moving heavily to the downside in the past months due to rumors of potential regulatory dangers following an alleged de-listing from crypto exchange e-Toro. The rumors were denied by IOHK’s CEO Charles Hoskinson, but the market seems to have negatively reacted either way. Related Reading | Cardano Project Flickto Surpasses 1.5 Million ADA Staked One Month After Launch However, this network’s fundamentals continue to strengthen as it recently deployed its first decentralized exchange SundaeSwap on the Cardano testnet. This milestone was celebrated by Cardano’s community as the network implemented smart contract capabilities with three Hard Fork combinator events, part of its Alonzo era. The team behind SundaeSwap celebrated the launch via its official Twitter handle and invited the Cardano community to use participate in the DEX’s testnet. In that way, the team can find and fix bugs related to the platform. In order to participate, users need to complete a form. This process was already used to find a critical bug, as the team reported via Twitter: Might have to rebrand to MondaeSwap… In all seriousness, we’ve found a bug with our scoopers renewing scooper licenses. We are cleaning that up, and as soon as it’s completed testnet will be live for use. Thank you for staying patient with us! IOHK also celebrated the launch of SundaeSwap on the Cardano testnet calling it an opportunity to “learn a lot”. The company expects high levels of interest and participation and will it these factors as a way to “put the network under” stress to get data on its “parameter settings”. IOHK added: (…) expect bugs in the DEX. The @sundaeswap team is encouraging you to find some. Remember this is early #DApp software, and it’s still early days for #DeFi on #Cardano. Testnets are a key part of iterating & improving the experience. Cardano (ADA) Key Levels To Watch And Potential Bullish Case Cardano has taken a unique approach to deploy its smart contract and DeFi capabilities. IOHK has expressed its intentions of introducing these features “gradually” to guarantee users’ security and a better experience than its competitors. For this reason, ADA detractors claimed that the network might be taken too long to achieve this objective. However, IOHK reiterated the following: (…) We’ve plenty of headroom for L1 growth. But we will take things slowly and carefully. And get things right. This is and will remain central to our approach. The deployment of this first DEX adds to Cardano’s potential to resume its bullish momentum. As of press time, the cryptocurrency could see support at $1,25 and resistance at $1,40. Both these levels will be critical to determine ADA’s price destination in the short term. Related Reading | Cardano (ADA) Set To Begin Trading On Bitstamp On Wednesday

How much does it really cost? Is it really like hundreds of dollar. I am new and have never done this and that is why I am anxious. Plus I am not a whale and so you can understand my concerns submitted by /u/Lhadar31 [link] [comments]

Investors, not short-term traders, will be the likely beneficiaries of upcoming BTC price moves, popular names agree.

submitted by /u/villavile [link] [comments]

Let's say you buy a coin priced at $20 with $100 = you get 5 coins Then it dipped to $10, you put $100 again = get 10 coins. Some of you might think the average is: 30 / 2 = $15 Wrong!! You have 15 coins and $200 investment. 200 / 15 = 13.3333…
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submitted by /u/RedEagle_MGN [link] [comments]

Ethereum risks dropping to $3,200 as its latest ETH price decline triggers a classic bearish setup.

No project code is perfect right out of the box. Don't get me wrong… there's a ton of talented devs in the Web3 space. Add that with the growing number of projects, smart contracts, and wallets added on a daily basis, and the threats rise exponentially. You can't just "set and forget" your security protocols.…
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Imagine coming up with a song idea and the idea is loved by everyone so much you get backing via a crypto token. And you raise so many of these crypto tokens, your favorite artist then decides to sing it. Sounds crazy? It’s possible — as of today. Yes, via the popular social music app Geojam you can do just that. It works like this: Geojam is an Apple iOS social streaming platform, backed by artists like Mariah Carey and 24kGoldn. It lets users have “interactive experiences” with their favourite artists and share music with friends and other app users. Today it dropped its very own crypto token, $JAM. Released through decentralized finance (DeFi) platform Lattice Exchange Launchpad — which is powered by Constellation Network’s Hypergraph protocol — the token can be earned, held and staked by Geojam users. With $JAM fans can direct their favorite artists music careers Got a great song idea for your favorite artist? Stake $JAM in a “proposal pool” and if other users like it, they’ll back it. If it gets enough backing, the artist will create the song. That’s the idea, anyway. “Artists want to engage deeper with their fans, while fans have also demonstrated a desire to engage with their favorite artists,” Sarah Figueroa, CEO and co-founder of Geojam, said. “$JAM reward incentives offer a key benefit to the community while also empowering artists to monetize their fandom.” “Our crypto token allows artists and fans to leverage their collective influence in a way that’s never been done before to build new opportunities and provide a way for them to earn together,” she added. The more $JAM tokens a fan stakes to a particular creator’s pool, the more likely their chance to earn a once-in-a-lifetime experience with their artist will be. $JAM tokens can also be earned by Geojam users by engaging in the app and taking part in fan competitions and tasks — which can be as simple as just sharing music and streaming videos. And the idea has certainly gained some traction: $5.9 million was raised through two $JAM private sale rounds before its release today. Geojam will run on the Constellation Network Hypergraph $JAM will run on the Constellation Network — like Bitcoin and Ethereum — and the idea is that with the tokens having their own unalterable ID, timestamp and rights information, artists (and fans) will be paid fairly for their work. Justin Rosenbaum, Chief Growth Officer for Geojam, said: “The $JAM community is who decides what happens on the platform, meaning artists and fans can work together towards common objectives within our ecosystem and share the rewards.”