#CardanoDebate The future of the Cardano (ADA) currency is a topic of great interest to many investors in the world of cryptocurrencies. Here is a comprehensive look at the future of the currency from several aspects:
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🔮 1. Technical Outlook
Continuous protocol development: Cardano relies on a development plan divided into phases (Byron, Shelley, Goguen, Basho, Voltaire), each phase adding improvements in performance, smart contracts, governance, and scalability.
Smart contracts: Since the launch of the Goguen update, it has become possible to build decentralized applications (dApps) on Cardano, although the ecosystem is still in a growth phase compared to Ethereum or Solana.
Scalability: With developments like Hydra (layer two solutions), Cardano is expected to be able to handle thousands of transactions per second.
🌍 2. Global Usage
Focus on emerging markets (especially in Africa): Cardano is working on real projects to provide digital identities, financial services, and educational infrastructure in collaboration with African governments, giving it a realistic dimension in usage.
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💼 3. Investment Opportunities
Low price compared to the previous peak: ADA is currently considered low-priced compared to its peak in 2021, prompting some to see it as an investment opportunity.
Strong community support and an active development community: There is significant community support and hundreds of projects being developed on the chain, which enhances the growth of the ecosystem.
#IsraelIranConflict 🔥💥 Experts believe that a full-scale war between Iran and Israel could raise the price of oil to $200 per barrel 🛢️💸. Even the current strikes on Iran could lead to a price increase to $110 ⚡📈, while a blockade of the Strait of Hormuz could raise the price to $130 or more...
#TrumpTariffs Luis de Guindos, Vice President of the European Central Bank, said that the Eurozone economy has shown a great deal of resilience 💪, but it faces a number of risks ⚠️, such as tariffs 🛃, which could constrain growth 📉.
#CryptoFees101 🔥 The Collapse of the Dollar and the Return of Gold in an Unprecedented Revolution! 🔥
In just 5 years, the American currency has lost 10 points of its share in global reserves, reaching its lowest level in 30 years! 😱💥 The dollar, which was the undisputed dominant force, is rapidly losing its luster! ⚠️
At the same time, gold is reclaiming its glory… Its share has doubled, reaching 23%, a record we haven't seen in 30 years! 🏆✨ Financial managers worldwide are bidding farewell to the dollar and welcoming gold as a safe haven!
Are you ready for the significant change in the global economic power map? Do you think the dollar is nearing its end? And is gold the future of wealth? 🤯..
#CryptoCharts101 Bitcoin's dominance is forming a rising wedge pattern on the 4-hour timeframe, which is a positive sign for altcoins. A rising wedge is typically a bearish pattern that often breaks to the downside. We could see a significant surge in altcoins once this pattern is broken.
AVAX$$BTC I have exited the upward trend channel, but it is now re-testing the trend line. The recent pullback is attributed to Bitcoin (BTC) movements, and we may see a move toward the resistance zone in the coming days. Resistance zone: $26.00 - $27.00.
#TrumpVsMusk Elon Musk retreats first in a bitter feud with Donald Trump that caused Tesla's stock to collapse and resulted in a loss of 34 billion dollars 💥📉
#CryptoSecurity101 Since the summer of 2024, Bitcoin (BTC) has consistently found its local bottom during the first ten days of each month.
The only exception was in February.
If this pattern continues, we may have until Monday or Tuesday (if the bottom hasn't already been reached) to find it, followed by some kind of rise until the end of June..
#TradingPairs101 📉 The decline in customs duties sends reassuring messages to the markets! Last month witnessed a wave of conflicting statements regarding customs duties on American imports, but the overall outcome was positive 👌 With the postponement of a 145% tariff on Chinese goods for 3 months, the average customs duties have significantly decreased, alleviating trade concerns ✨
The markets breathe a sigh of relief... and investors are awaiting the next move! 📊..
#OrderTypes101 🗞️ The strongest economic news of the day – don't miss a moment!
1️⃣ 🔔 Interest rate decision from the European Central Bank – 3:15 PM High anticipation from investors! This decision could ignite movement in European markets and determine the direction of the euro in the upcoming period!
2️⃣ 📉 US jobless claims data – 3:30 PM All eyes on the US labor market! Any surprise could tilt the scales for the dollar and cause strong fluctuations in the markets.
3️⃣ 📊 Quarterly GDP – Federal Reserve Bank of Atlanta – 8:00 PM A critical reading of the US economy's performance! If it comes in stronger than expected, we may witness a bullish surge for the currency and stock markets..
#CEXvsDEX101 The Bank of Canada (BOC) kept the interest rate unchanged at 2.75% for the second consecutive time – according to BBH's analysis.
The USD/CAD currency pair is experiencing a decline. The pullback in U.S. interest rate expectations has had a stronger impact than the Bank of Canada's decision, which was seen as a slight easing bias, according to BBH analysts in the currency market..
The major currencies are still bleeding. The currency $SOL looks weak at a price of 152 dollars, while $ETH seems to want to rush further towards 3000 dollars..
The major currencies are still bleeding. The $SOL currency looks weak at a price of 152 dollars, while $ETH seems to want to surge further towards 3000 dollars..
RPL has continued its upward movement and tested the resistance area, as expected. The buying position has achieved profits exceeding 52% from the entry point. You can take profits at the resistance and wait for some time before opening new positions.
The BERA stock price has broken the descending wedge pattern upwards as expected. You can open a buy (Long) position if the price drops to the support area. We are likely to see an upward movement towards the resistance area.
Support area: $2.40 – $2.45 Resistance area: $2.70 – $2.77
XLM has broken the small flag pattern in a downward direction, and the price is now retesting the trend line. The price must reclaim this line; otherwise, we may witness further downward movement. The resistance level remains unchanged.