Cardano Gold (CARGO) is The 1st Cardano Store of Value. Also as a Governance token $CARGO governs all the projects in the Cardano Gold ecosystem. Innovative Governance model. Coin burning and BuyBack mechanisms. 

Cardano Gold Treasury is an accumulator. Beside CARGO it will holds a basket of other crypto assets like ADA and the revenues made. So it actually earns and will grow bigger and bigger. CARGO decentralized staking in Q1 2022.

Only 10.000.000 tokens minted, the very low total supply which is also decreasing due to monthly coin burning. Listed on CoinMarketCap and all Cardano DEXs. 

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CARGO_Governance_1b952437eb.png

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Cardano Gold

<div><p>Cardano (ADA) marked a key technical milestone in 2024 with the formation of its first golden cross. This pattern observed when the 50-day simple moving average (SMA) surpasses the 200-day SMA, is often interpreted as a bullish signal, hinting at the potential for increased upward price movement in the coming days.</p>
<p>In this instance, <a target="_blank" href="https://timestabloid.com/cardano-creator-praises-ripple-ceo-brad-garlinghouse-responds/">Cardano’s</a> 50-day SMA has surpassed its 200-day SMA, signaling the golden cross. Historically, such crossovers have preceded periods of price appreciation. The last golden cross for ADA took place in November 2023, with the cryptocurrency reaching a peak of $0.81 approximately four months later.</p>
<p><img src="https://timestabloid.com/wp-content/uploads/2024/11/Cardano-ADA.webp" alt="Cardano, ADA, Cardano golden cross, ADA golden cross, ADA price, cardano price" srcset="https://timestabloid.com/wp-content/uploads/2024/11/Cardano-ADA.webp 1080w, https://timestabloid.com/wp-content/uploads/2024/11/Cardano-ADA-300x143.webp 300w, https://timestabloid.com/wp-content/uploads/2024/11/Cardano-ADA-1024x488.webp 1024w, https://timestabloid.com/wp-content/uploads/2024/11/Cardano-ADA-768x366.webp 768w, https://timestabloid.com/wp-content/uploads/2024/11/Cardano-ADA-881x420.webp 881w, https://timestabloid.com/wp-content/uploads/2024/11/Cardano-ADA-150x72.webp 150w, https://timestabloid.com/wp-content/uploads/2024/11/Cardano-ADA-696x332.webp 696w, https://timestabloid.com/wp-content/uploads/2024/11/Cardano-ADA-1068x509.webp 1068w" /></p>
<h2><b>ADA’s Price Performance and Market Trends</b></h2>
<p>The latest golden cross coincides with a notable reversal in ADA’s price trajectory following an extended downtrend. After achieving highs of $0.81 in mid-March,<a target="_blank" href="https://timestabloid.com/analyst-projects-6-for-cardano-ada-heres-the-timeline/"> Cardano’s value</a> declined for eight months before showing signs of recovery. On November 17, ADA reached a new yearly high of $0.8199, reflecting substantial gains as market conditions improved.</p>
<p>At the time of writing, ADA is trading at $0.7375, up 1.84% over the past 24 hours but slightly below its peak. Over the past week, the token has gained 24%, benefiting from Bitcoin’s recent strong performance, which has bolstered the broader altcoin market. Since November 5, ADA has closed positively in 12 out of 14 trading days, highlighting growing investor confidence.</p>
<h2><b>Analyzing Potential Scenarios for ADA’s Future</b></h2>
<p>The formation of a golden cross has prompted speculation about ADA’s next price movements. Several possibilities could unfold in the coming weeks.</p>
<p><b>Sustained Upward Momentum</b>: If ADA maintains its current trajectory, it could test key resistance levels, including the $0.82 mark. A breakout above this level may open the path toward the psychologically significant $1 threshold, attracting further buying interest.</p>
<p><b>Sideways Consolidation</b>: Alternatively, ADA may enter a period of price stabilization as traders and investors wait for additional market catalysts. This scenario could see the token trading within a defined range before a potential breakout.</p>
<p><b>Price Retracement</b>: Despite the bullish implications of the Golden Cross, ADA is not immune to a potential pullback. In the event of a downturn, immediate support levels are identified at $0.68 and $0.61, which could serve as key areas to watch.</p>
<blockquote>
<p>We are on twitter, follow us to connect with us :- <a target="_blank" href="https://twitter.com/TimesTabloid1?ref_src=twsrc%5Etfw">@TimesTabloid1</a></p>
<p>— TimesTabloid (@TimesTabloid1) <a target="_blank" href="https://twitter.com/TimesTabloid1/status/1680250907504656385?ref_src=twsrc%5Etfw">July 15, 2023</a></p></blockquote>
<h2><b>Broader Considerations for ADA’s Outlook</b></h2>
<p>It is essential to recognize that while the Golden Cross is a positive technical indicator, it does not guarantee sustained price increases. Broader market dynamics, including Bitcoin’s performance, macroeconomic developments, and investor sentiment, will play a significant role in shaping ADA’s trajectory.</p>
<p>As <a target="_blank" href="https://timestabloid.com/veteran-trader-says-he-didnt-cause-cardano-ada-price-dip/">ADA</a> recovers from its prolonged downtrend, market participants remain cautious yet optimistic about the cryptocurrency’s prospects. Whether the latest golden cross will act as a springboard for further gains or lead to a period of consolidation remains to be seen. For now, Cardano’s resurgence marks a significant milestone in its 2024 market journey.</p>
<p><em><strong>Disclaimer</strong></em><em>: </em><em>This content is meant to inform and should not be considered financial advice. The views</em> <em>expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.</em></p>
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<p><strong><em>Follow us on </em></strong><a target="_blank" href="https://twitter.com/TimesTabloid1"><strong><em>Twitter</em></strong></a><strong><em>, </em></strong><a target="_blank" href="https://www.facebook.com/timestabloid/"><strong><em>Facebook</em></strong></a><strong><em>, </em></strong><a target="_blank" href="https://t.me/markettabloid"><strong><em>Telegram</em></strong></a><strong><em>, and </em></strong><a target="_blank" href="https://news.google.com/publications/CAAqLAgKIiZDQklTRmdnTWFoSUtFSFJwYldWemRHRmliRzlwWkM1amIyMG9BQVAB?hl=en-US&amp;gl=US&amp;ceid=US%3Aen"><strong><em>Google News</em></strong></a></p></div><div><p><a target="_blank" href="https://timestabloid.com/author/solodeji/" title="Solomon Odunayo"><img alt="Solomon Odunayo" src="https://secure.gravatar.com/avatar/7f5dfc6dcee3d979d45bc388e3be0f90?s=117&amp;d=mm&amp;r=g" srcset="https://secure.gravatar.com/avatar/7f5dfc6dcee3d979d45bc388e3be0f90?s=234&amp;d=mm&amp;r=g 2x" /></a></p><div><p><a target="_blank" href="https://timestabloid.com/author/solodeji/">Solomon Odunayo</a></p><p>Solomon is a trader, crypto enthusiast, and analyst with over four years of experience in the industry. He strongly believes that crypto assets and the blockchain will continue to gain prominence. At TimesTabloid.com, he focuses on news, articles with deep analysis of blockchain projects, and technical analysis of crypto trading pairs.</p></div></div>

Timestabloid

Cardano (ADA) Hits First Golden Cross of 2024. Here's the Significance

<div id="content"><div><div><div id="primary"><div><div><div><div><p><span>&ndash; Advertisement &ndash;</span></p><p><a rel="nofollow noopener" target="_blank" href="https://bit.ly/3uvm777"><img fifu-featured="1" alt="" title="" width="728" height="90" data-src="https://thecryptobasic.com/wp-content/uploads/2022/04/Follow-Us-On-Google-News.png" src="https://thecryptobasic.com/wp-content/uploads/2022/04/Follow-Us-On-Google-News.png"></a></p></div><p><strong><span data-preserver-spaces="true">Less than two months after adding ADA to the Ledger Live app, Ledger has expanded its offering to include 100 Cardano ecosystem tokens.&nbsp;</span></strong></p><p lang="en" dir="ltr">Easier access = Broader utility.<a rel="nofollow noopener" target="_blank" href="https://twitter.com/hashtag/Cardano?src=hash&amp;ref_src=twsrc%5Etfw">#Cardano</a> <a rel="nofollow noopener" target="_blank" href="https://twitter.com/hashtag/Blockchain?src=hash&amp;ref_src=twsrc%5Etfw">#Blockchain</a> <a rel="nofollow noopener" target="_blank" href="https://twitter.com/hashtag/Crypto?src=hash&amp;ref_src=twsrc%5Etfw">#Crypto</a> <a rel="nofollow noopener" target="_blank" href="https://t.co/bAIGi8yUrk">https://t.co/bAIGi8yUrk</a></p><p>&mdash; Cardano Community (@Cardano) <a rel="nofollow noopener" target="_blank" href="https://twitter.com/Cardano/status/1552728675753263104?ref_src=twsrc%5Etfw">July 28, 2022</a></p><p><span data-preserver-spaces="true">Leading cryptocurrency hardware wallet Ledger has expanded support to include more Cardano ecosystem tokens. The famous cryptocurrency hardware wallet maker&nbsp;</span><a rel="nofollow noopener" target="_blank" href="https://www.ledger.com/blog/ledger-expands-cardano-support-manage-100-native-tokens-with-ledger-live"><span data-preserver-spaces="true">noted in a recent blog post</span></a><span data-preserver-spaces="true">&nbsp;that its users can now manage 100 native Cardano ecosystem tokens via the Ledge Live app.&nbsp;</span></p><p><span data-preserver-spaces="true">Ledger clarified that it selected the 100 tokens without any form of bias. According to the announcement, the selection of the 100 Cardano ecosystem tokens was based mainly on the number of blockchain transactions completed within a specific period.&nbsp;</span></p><p><span data-preserver-spaces="true"><em>&ldquo;100 native Cardano tokens just made their way to your Ledger Live app. Starting today, you can seamlessly explore the Cardano ecosystem by managing the World Mobile Token, DANA, and ADAX, to name a few, while leveraging the security of your Ledger Nano,&rdquo; L</em>edger said in the announcement.&nbsp;</span></p><p><span data-preserver-spaces="true">Some of the tokens selected include ADAX, ADA Shiba Inu, MELD, Aada DAO Token, BlackDoge, Cardano Gold, Cardano Native Token, DogeADA, MEOW, Kidz Coin, etc.&nbsp;</span></p><p><figure id="attachment_26674" aria-describedby="caption-attachment-26674"><img loading="lazy" title="Cardano tokens" alt="Cardano tokens" width="764" height="1024" srcset="https://thecryptobasic.com/wp-content/uploads/2022/07/Cardano-tokens.png 764w, https://thecryptobasic.com/wp-content/uploads/2022/07/Cardano-tokens-373x500.png 373w, https://thecryptobasic.com/wp-content/uploads/2022/07/Cardano-tokens-696x933.png 696w, https://thecryptobasic.com/wp-content/uploads/2022/07/Cardano-tokens-313x420.png 313w" src="https://thecryptobasic.com/wp-content/uploads/2022/07/Cardano-tokens.png" data-sizes=" 764px) 100vw, 764px">Image source: https://www.ledger.com/blog/ledger-expands-cardano-support-manage-100-native-tokens-with-ledger-live</figure></p><p><span data-preserver-spaces="true">Ledger acknowledges that while numerous Cardano ecosystem tokens exist, it chose to support only 100 based on the number of blockchain transactions.&nbsp;</span></p><p><strong><span data-preserver-spaces="true">Ledger&rsquo;s Continuous Support for Cardano</span></strong></p><p><span data-preserver-spaces="true">In recent months, Ledger has been supportive of the Cardano project. As TheCryptoBasic reported in April, the team behind the popular hardware wallet released a new update&nbsp;</span><a rel="nofollow noopener" target="_blank" href="https://thecryptobasic.com/2022/04/27/ledger-releases-new-cardano-ada-app-update-to-support-smart-contract-functionality-charles-hoskinson-reacts/"><span data-preserver-spaces="true">that supports Cardano&rsquo;s smart contract functionality</span></a><span data-preserver-spaces="true">.&nbsp;</span></p><p><span data-preserver-spaces="true"><em>&ldquo;Attention Cardano ADA users! v.4.0.0 of the Cardano app is now available for download in Ledger Live. The app is compatible with smart contracts. Cardano DeFi + Ledger = Onwards!&rdquo;</em> Ledger noted in the announcement.&nbsp;</span></p><p><span data-preserver-spaces="true">While Cardano enthusiasts were still celebrating the news, Ledger announced that&nbsp;</span><a rel="nofollow noopener" target="_blank" href="https://thecryptobasic.com/2022/06/15/ledger-to-enable-buying-ada-directly-from-ledger-live-app-along-with-staking-feature-and-supporting-cardano-native-tokens/"><span data-preserver-spaces="true">it had added ADA to the Ledger Live app</span></a><span data-preserver-spaces="true">.&nbsp;&nbsp;</span></p><p><span data-preserver-spaces="true">Following the announcement, Cardano enthusiasts can now purchase, send, and receive ADA directly from their Ledger Live App. Before Ledger users can start exploring the feature, they will first create a Cardano account on Ledger Live.&nbsp; &nbsp;</span></p><p><span data-preserver-spaces="true">After ADA, Ledger expanded its support to include more Cardano ecosystem tokens. Although Ledger has selected 100 Cardano ecosystem tokens, there is a tendency that more Cardano-based tokens will be added to the list soon.&nbsp;</span></p><p><span>&ndash; Advertisement &ndash;</span></p></div><p>Source: https://thecryptobasic.com/2022/07/29/ledger-wallet-adds-support-for-100-cardano-ecosystem-tokens/?utm_source=rss&amp;utm_medium=rss&amp;utm_campaign=ledger-wallet-adds-support-for-100-cardano-ecosystem-tokens</p></div></div><h2>Post navigation</h2></div></div></div></div>


BitcoinEthereumNews

Ledger Wallet Adds Support For 100 Cardano Ecosystem Tokens 

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<ul><li>Charles Hoskinson, the founder of Cardano, will be in front of the House of Representatives Committee on 23rd June.</li><li><a href="https://www.thecoinrepublic.com/2022/06/23/women-in-crypto-a-look-into-cardano-ada-xchange-monster-mxch-and-stellar-xlm/" target="_blank" rel="noreferrer noopener">Cardano</a> has made an announcement to join forces with Linux Foundation as a gold member, establishing itself as the sole nonprofit active currently.</li><li>As of this writing, ADA, native crypto asset of Cardano, was trading at a market capital of $0.5033, bullish by 6.02% during the past 24 hours.</li></ul><h2><strong>Cardano Founder To Appear For A Hearing</strong></h2>
<p>Charles Hoskinson, the founder of Cardano, will be appearing in front of the United States House of Representatives Committee on Credit, Subcommittee on Commodity Exchanges, and Agriculture today.</p>
<p>Charles Hoskinsin posted an image of a seat while waiting for the hearing to begin. He is going to offer testimony and replies to the queries from the members of the committee in the hearing dubbed &ldquo;The Future Of Digital Asset Regulation.&rdquo;</p>
<figure></figure><p>The Committee of Agriculture monitors CFTC, and was set up in the US back in 1974. Recently, ETH and BTC have been witnessed as commodities more often.</p>
<h2><strong>Cardano Gold Membership</strong></h2>
<p>Cardano has made an announcement that they will be joining forces with the Linux Foundation as a gold member, rendering themselves as the sole standing non profit entity at present.</p>
<p>During its past weekly update, IOHK offered some metrics on the growth of the network. As of now, 1020 projects are developing on the Cardano ecosystem of Cardano.</p>
<p>90 more projects were unveiled recently on the Cardano blockchain, while total NFT projects escalated to 5,868.</p>
<p>As of this writing, ADA, native crypto asset of Cardano, was trading at a market capital of $0.5033, bullish by 6.02% during the past 24 hours.</p>
<div><ul><li><a href="#abh_about">Author</a></li> <li><a href="#abh_posts">Recent Posts</a></li></ul><div><p><a href="https://www.thecoinrepublic.com/author/andrew-smith/" title="Andrew Smith"> <img width="64" height="64" src="https://www.thecoinrepublic.com/wp-content/uploads/2022/02/Andrew-Smith.jpeg"></a> </p><div><p>Andrew is a blockchain developer who developed his interest in cryptocurrencies while his post-graduation. He is a keen observer of details and shares his passion for writing along with being a developer. His backend knowledge about blockchain helps him give a unique perspective to his writing</p></div> <p><a href="https://www.thecoinrepublic.com/author/andrew-smith/" title="Andrew Smith"><img width="64" height="64" src="https://www.thecoinrepublic.com/wp-content/uploads/2022/02/Andrew-Smith.jpeg"></a></p><div><p>Latest posts by Andrew Smith <span>(<a href="https://www.thecoinrepublic.com/author/andrew-smith/">see all</a>)</span></p></div> </div> </div> </div>
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TheCoinRepublic

Charles Hoskinson To Appear In Front Of House Of Representatives

<p class="o dd"></p><p class="ds ea fa fb fc fd fe ff fg fh fi"></p><p class="l"></p><p class="l"></p><p></p><p class="ib ic id ie if"><img src="/site/uploads/2022/Apr/08/1_VD3csjcZmht1Qw2rxwmsZQ.png" alt=""><br></p><p id="9cf7" class="pw-post-body-paragraph jq jr ii js b jt ju jv jw jx jy jz ka kb kc kd ke kf kg kh ki kj kk kl km kn ib gj" data-selectable-paragraph="">The&nbsp;<span class="js ij">first rewards</span>&nbsp;for the holders of the&nbsp;<a class="au ko" href="https://www.cardanogoldcoin.com/cardano-gold-nfts/" rel="noopener ugc nofollow" target="_blank">Cardano Gold Utility NFTs</a>&nbsp;from our 2 collections were&nbsp;<span class="js ij">distributed today</span>!</p><p id="dbaf" class="pw-post-body-paragraph jq jr ii js b jt ju jv jw jx jy jz ka kb kc kd ke kf kg kh ki kj kk kl km kn ib gj" data-selectable-paragraph="">A total of&nbsp;<span class="js ij">27,180</span>&nbsp;$<a class="au ko" href="https://cardanoscan.io/token/f4364875e75320d405ceadebdf0db63fadaff55c72d4ff6b82f0676a434152474f" rel="noopener ugc nofollow" target="_blank">CARGO</a>&nbsp;was sent to the wallet addresses, introducing&nbsp;<span class="js ij">new</span>&nbsp;$CARGO holders and Cardano Gold community members through this kind of&nbsp;<span class="js ij">token distribution</span>.</p><figure class="kq kr ks kt ga jj fo fp paragraph-image"><p class="fo fp kp"><img alt="" class="ea jo jp" src="https://miro.medium.com/max/500/1*BRTg-BTNMN7a7T1Re3domg.gif" width="250" height="250" role="presentation"></p></figure><p id="31cd" class="pw-post-body-paragraph jq jr ii js b jt ju jv jw jx jy jz ka kb kc kd ke kf kg kh ki kj kk kl km kn ib gj" data-selectable-paragraph="">A total of&nbsp;<span class="js ij">353</span>&nbsp;of&nbsp;<span class="js ij">500 CardanoGoldGuardians</span>&nbsp;from the second collection has been minted so far, and the&nbsp;<a class="au ko" href="https://www.cardanogoldcoin.com/cardano-gold-nfts/" rel="noopener ugc nofollow" target="_blank"><span class="js ij">minting</span></a><span class="js ij">&nbsp;will continue</span>&nbsp;until all find their spots in the holder's wallets.</p><p id="17ee" class="pw-post-body-paragraph jq jr ii js b jt ju jv jw jx jy jz ka kb kc kd ke kf kg kh ki kj kk kl km kn ib gj" data-selectable-paragraph="">The additional&nbsp;<span class="js ij">features</span>&nbsp;and&nbsp;<span class="js ij">functions</span>&nbsp;will be added to the existing and future Cardano Gold CNFTs, starting with certain roles and the opportunities for its holders on our&nbsp;<a class="au ko" href="https://discord.com/invite/7ah5RfMtZN" rel="noopener ugc nofollow" target="_blank">Discord</a>&nbsp;server.</p><figure class="kq kr ks kt ga jj fo fp paragraph-image"><p role="button" tabindex="0" class="jk jl ct jm ea jn"></p><p class="fo fp ku"><img alt="" class="ea jo jp" src="https://miro.medium.com/max/166/1*JHSTMMpPrGaHFTj1URqm0g.png" width="83" height="95" role="presentation"></p><p></p></figure><p id="4d0e" class="pw-post-body-paragraph jq jr ii js b jt ju jv jw jx jy jz ka kb kc kd ke kf kg kh ki kj kk kl km kn ib gj" data-selectable-paragraph="">We also had the&nbsp;<a class="au ko" rel="noopener" href="https://medium.com/@CardanoGoldCoin/the-4th-cargo-burn-20-000-cargo-removed-from-supply-d4a1d9dc7606">4th $CARGO burn</a>&nbsp;in 2022&nbsp;<span class="js ij">today</span>&nbsp;following the&nbsp;<a class="au ko" rel="noopener" href="https://medium.com/@CardanoGoldCoin/cardano-gold-cargo-coin-burning-schedule-in-2022-b1bed8f3334">fixed schedule</a>&nbsp;reducing the&nbsp;<span class="js ij">total supply</span>&nbsp;to now&nbsp;<span class="js ij">9,914,232 $CARGO</span>.</p><p></p><span class="ky ge cu kz la lb"></span><span class="ky ge cu kz la lb"></span><span class="ky ge cu kz la"></span><p class="ib ic id ie if"></p><p id="ab8b" class="pw-post-body-paragraph jq jr ii js b jt ju jv jw jx jy jz ka kb kc kd ke kf kg kh ki kj kk kl km kn ib gj" data-selectable-paragraph=""><span class="js ij">Cardano Gold</span>&nbsp;channels, links, and materials:&nbsp;<a class="au ko" href="https://t.co/Lb2Ix0hFqz" rel="noopener ugc nofollow" target="_blank">https://linktr.ee/cardanogold</a></p><p></p><p></p><p></p><p></p><p></p><p></p><div class="lc l"></div><div></div><div class="cf sg o dd le lf"><div class="lg df lh li lj o ao c"><div class="o ao gl"><div class="pw-multi-vote-icon ct lk ll lm ln"><div class=""><div><div class="cu" role="tooltip" aria-hidden="false" aria-describedby="396" aria-labelledby="396"><svg width="24" height="24" viewbox="0 0 24 24" aria-label="clap"><path fill-rule="evenodd" clip-rule="evenodd" d="M11.37.83L12 3.28l.63-2.45h-1.26zM13.92 3.95l1.52-2.1-1.18-.4-.34 2.5zM8.59 1.84l1.52 2.11-.34-2.5-1.18.4zM18.52 18.92a4.23 4.23 0 0 1-2.62 1.33l.41-.37c2.39-2.4 2.86-4.95 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Cardano Gold ($CARGO)

Cardano Gold ($CARGO) is The 1st Cardano Store of Value.

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