Altcoins Blog

57 Publication

Michael Saylor: "Proof-of-Stake protocols are unstable and risky"

The founder of MicroStrategy called cryptocurrencies using the Proof-of-Stake (PoS) consensus algorithm unstable and at risk of collapse. Michael Saylor supported Bitcoin maximalist Matthew R. Kratter, who recently stated that the Proof-of-Stake consensus mechanism, which the Ethereum network switched to, makes the ether more vulnerable. Kratter suggested that regulators examine whether the Michael Saylor: "Proof-of-Stake protocols are unstable and risky"

CARDANO PRICE ANALYSIS

CARDANO PRICE ANALYSIS: ADA IS FACING A DOWNTREND, BUT THESE SIGNS ARE ENCOURAGING IN THE MEDIUM TERM Cardano, one of the altcoins with exceptional performance in 2021, dropped 75% compared to ATH. ADA recently lost a critical support level at $1. Now the price is declining, forming a descending wedge, accompanied by a 100-day moving average (marked with a white line on the daily chart). CARDANO PRICE ANALYSIS