{"id":463222,"date":"2021-05-06T20:40:41","date_gmt":"2021-05-06T20:40:41","guid":{"rendered":"https:\/\/ktsl888.com\/?p=463222"},"modified":"2021-05-06T20:40:41","modified_gmt":"2021-05-06T20:40:41","slug":"cardano-kraken-launches-staking","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/cardano\/cardano-kraken-launches-staking\/","title":{"rendered":"Cardano: Kraken Launches ADA Staking, $2 Next Price Target?"},"content":{"rendered":"<p><a href=\"https:\/\/ktsl888.com\/news\/cardano\/cardano-africa-special-event-soured-by-fact-checking-calls\/\" target=\"_blank\">Cardano&#8217;s (ADA) price has awakened.<\/a> With a 14.4% rally in the daily chart, after consolidation around the $1.30 to $1.40, ADA has reached a new all-time high and seems poised to keep smashing future resistance.<\/p>\n<figure id=\"attachment_463258\" aria-describedby=\"caption-attachment-463258\" style=\"width: 860px\" class=\"wp-caption aligncenter\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"wp-image-463258 size-large\" src=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2021\/05\/Cardano-ADA-ADAUSDT.png?resize=860%2C424\" alt=\"Cardano ADA ADAUSDT\" width=\"860\" height=\"424\"><figcaption id=\"caption-attachment-463258\" class=\"wp-caption-text\">ADA with bullish momentum in the daily chart. Source:<a href=\"https:\/\/www.tradingview.com\/chart\/a4lKch7J\/\" target=\"_blank\" rel=\"nofollow\"> ADAUSDT Tradingview<\/a><\/figcaption><\/figure>\n<p>Yesterday, Exchange platform Kraken <a href=\"https:\/\/blog.kraken.com\/post\/8891\/earn-4-6-staking-cardano-ada-available-on-kraken-now\/\" target=\"_blank\" rel=\"nofollow\">launched<\/a> staking for ADA with up to 4% and 6% rewards for those users that help secure Cardano\u2019s network.<\/p>\n<p>To earn the rewards, users need to deposit funds in their spot wallet. There is a minimum of 1 ADA for Kraken deposit with no additional fees. Later, move the funds to Kraken\u2019s staking wallet and click on ADA to start staking it.<\/p>\n<p>Users will receive staking rewards every week if they have a Pro, Intermediate, or Starter account. To withdraw their rewards, there is a minimum of 2 ADA.<\/p>\n<h2>Cardano\u2019s Alonzo Era Approaches With More Upside Potential<\/h2>\n<p>Anonymous trader EljaBoom believes <a href=\"https:\/\/ktsl888.com\/news\/why-cardano-could-be-the-next-runner-up-to-ethereum\/\" target=\"_blank\">ADA has begun a breakout on major resistance zones<\/a>. If ADA can break and hold about $1.55, the trader expects the next price target to be around $2.3. EljaBoom added the <a href=\"https:\/\/twitter.com\/Eljaboom\/status\/86391810\" target=\"_blank\" rel=\"nofollow\">following<\/a>:<\/p>\n<blockquote><p>Once it flips this spot I&#8217;m expecting #ADA to test +$2.3 zone! Alonzo Testnet &amp; Adapay release is coming. If you own ADA you know the potential it has.<\/p><\/blockquote>\n<figure id=\"attachment_463256\" aria-describedby=\"caption-attachment-463256\" style=\"width: 860px\" class=\"wp-caption aligncenter\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"wp-image-463256 size-large\" src=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2021\/05\/Cardano-ADA-ADAUSDT.jpg?resize=860%2C484\" alt=\"Cardano ADA ADAUSDT\" width=\"860\" height=\"484\"><figcaption id=\"caption-attachment-463256\" class=\"wp-caption-text\">Source: Trader EljaBoom<\/figcaption><\/figure>\n<p>There has been a lot of announcements, partnerships, and hype in Cardano\u2019s ecosystem. ADA is barely reacting to a price action that has been in the oven for the past weeks. In the coming months, Cardano\u2019s deployment of its DeFi capabilities could continue to push the price into uncharted territory, as EljBoom and many other investors expect.<\/p>\n<p>In the meantime,<a href=\"https:\/\/ktsl888.com\/news\/why-cardanos-hoskinson-called-proof-of-work-a-road-to-nowhere\/\" target=\"_blank\"> Cardano has been begun his massive adoption phase in Africa<\/a> closing deals with Ethiopia and other governments in the region. Around 5 million students will use the <a href=\"https:\/\/ktsl888.com\/news\/ethereum\/cardano-vs-polkadot-vs-ethereum-which-project-will-emerge-the-winner\/\">Atala PRISM<\/a> solution to gain access to customized education, have their academic records always available and protected in the blockchain, and more.<\/p>\n<p>In time, the local government will use this integration to track resources and allocate them with higher efficiency. Charles Hoskinson,<a href=\"https:\/\/ktsl888.com\/news\/cardano\/how-cardano-will-integrate-5-million-users-into-its-platform-with-ethiopian-deal\/\" target=\"_blank\"> Cardano\u2019s Inventor and Input-Output Global CEO, said the following on the platform\u2019s potential for the coming years their roadmap<\/a>:<\/p>\n<blockquote><p>And throughout the coming 24 to 36 months we are going to be scaling up very rapidly throughout the whole continent. This means many new classes. This means new initiatives. New relationships and also developing our talent (\u2026).<\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>Cardano&#8217;s (ADA) price has awakened. With a 14.4% rally in the daily chart, after consolidation around the $1.30 to $1.40, ADA has reached a new all-time high and seems poised to keep smashing future resistance. Yesterday, Exchange platform Kraken launched staking for ADA with up to 4% and 6% rewards for those users that help secure Cardano\u2019s network. To earn the rewards, users need to deposit funds in their spot wallet. There is a minimum of 1 ADA for Kraken deposit with no additional fees. Later, move the funds to Kraken\u2019s staking wallet and click on ADA to start staking it. Users will receive staking rewards every week if they have a Pro, Intermediate, or Starter account. To withdraw their rewards, there is a minimum of 2 ADA. Cardano\u2019s Alonzo Era Approaches With More Upside Potential Anonymous trader EljaBoom believes ADA has begun a breakout on major resistance zones. If ADA can break and hold about $1.55, the trader expects the next price target to be around $2.3. EljaBoom added the following: Once it flips this spot I&#8217;m expecting #ADA to test +$2.3 zone! Alonzo Testnet &amp; Adapay release is coming. If you own ADA you know the potential it has. There has been a lot of announcements, partnerships, and hype in Cardano\u2019s ecosystem. ADA is barely reacting to a price action that has been in the oven for the past weeks. In the coming months, Cardano\u2019s deployment of its DeFi capabilities could continue to push the price into uncharted territory, as EljBoom and many other investors expect. In the meantime, Cardano has been begun his massive adoption phase in Africa closing deals with Ethiopia and other governments in the region. Around 5 million students will use the Atala PRISM solution to gain access to customized education, have their academic records always available and protected in the blockchain, and more. In time, the local government will use this integration to track resources and allocate them with higher efficiency. Charles Hoskinson, Cardano\u2019s Inventor and Input-Output Global CEO, said the following on the platform\u2019s potential for the coming years their roadmap: And throughout the coming 24 to 36 months we are going to be scaling up very rapidly throughout the whole continent. This means many new classes. This means new initiatives. New relationships and also developing our talent (\u2026).<\/p>\n","protected":false},"author":535,"featured_media":460091,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[16896],"tags":[12333,79508,12332],"class_list":["post-463222","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cardano","tag-ada","tag-adausdt","tag-cardano"],"acf":[],"yoast_head":"\n<title>Cardano: Kraken Launches ADA Staking, $2 Next Price Target?<\/title>\n<meta name=\"description\" content=\"Cardano&#039;s (ADA) price has awakened. 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His journey began with translating articles for various crypto news outlets, a role he took on with zeal. In 2018, amidst a challenging market, he embraced his first writing assignment, demonstrating his unwavering commitment to the nascent industry and the promise of change it bears for many people worldwide. In March 2021, he joined the prestigious crypto news outlet NewsBTC and Bitcoinist, where he not only reported on the latest crypto news but also had the privilege of interviewing some of the industry's most influential figures. A year later, his dedication and hard work were recognized, and he was promoted to Managing Editor, a position he currently holds with pride. He believes in honesty, good communication, hard work, and the power of cryptocurrency and its potential to transform people's lives, especially those alienated by the legacy financial system. Born in 1992 in Venezuela, Reynaldo is familiar with how governments and central banks can negatively affect people, their everyday lives, and their futures by creating inflation and erasing their hopes for a better future. Thus, like many Venezuelans, he embraced this new technology to help him and his family navigate difficult times. In another life, Reynaldo would have pursued a career as an investigator, most likely tracking down the origins of the Cyberpunk movement with the publication of William Gibson\u2019s \u2018Neuromancer.\u2019 The intersection between fiction and reality, with the materialization of Bitcoin in 2009, would have allowed him to dive deep into the crypto sphere as something more than a financial phenomenon but also a cultural shift in society that was brewing since the XX century, and maybe even sooner, in the XIX century with the publication of Henry David Thoreau\u2019s \u2018Civil Disobedience.\u2019 But that\u2019s for another life. In this one, Reynaldo has been trading to improve his trading skills. Since 2023, he has been trying to learn Python to create successful strategies and find ways to execute them. It is a difficult task, which continues to keep him busy today and will most likely continue to keep him busy in the near and long term. In his free time, he enjoys lifting heavy objects, reading, watching movies, and listening to his favorite music. Some of his favorite authors are Walt Whitman, William Faulkner, Allen Ginsberg, James Baldwin, Raymond Carver, Ray Bradbury, George Orwell, Mario Vargas Llosa, Reinaldo Arenas, Rafael Cadenas, and many others. Lately, he has been primarily interested in reading about dystopic societies, a topic that deeply resonates with the crypto industry. Since 2023, he has lived in Spain with his wife. He loves the weather, the food, and the people and their culture. They both expect to travel much more within the country they now call home and beyond its border. 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His journey began with translating articles for various crypto news outlets, a role he took on with zeal. In 2018, amidst a challenging market, he embraced his first writing assignment, demonstrating his unwavering commitment to the nascent industry and the promise of change it bears for many people worldwide. In March 2021, he joined the prestigious crypto news outlet NewsBTC and Bitcoinist, where he not only reported on the latest crypto news but also had the privilege of interviewing some of the industry's most influential figures. A year later, his dedication and hard work were recognized, and he was promoted to Managing Editor, a position he currently holds with pride. He believes in honesty, good communication, hard work, and the power of cryptocurrency and its potential to transform people's lives, especially those alienated by the legacy financial system. Born in 1992 in Venezuela, Reynaldo is familiar with how governments and central banks can negatively affect people, their everyday lives, and their futures by creating inflation and erasing their hopes for a better future. Thus, like many Venezuelans, he embraced this new technology to help him and his family navigate difficult times. In another life, Reynaldo would have pursued a career as an investigator, most likely tracking down the origins of the Cyberpunk movement with the publication of William Gibson\u2019s \u2018Neuromancer.\u2019 The intersection between fiction and reality, with the materialization of Bitcoin in 2009, would have allowed him to dive deep into the crypto sphere as something more than a financial phenomenon but also a cultural shift in society that was brewing since the XX century, and maybe even sooner, in the XIX century with the publication of Henry David Thoreau\u2019s \u2018Civil Disobedience.\u2019 But that\u2019s for another life. In this one, Reynaldo has been trading to improve his trading skills. Since 2023, he has been trying to learn Python to create successful strategies and find ways to execute them. It is a difficult task, which continues to keep him busy today and will most likely continue to keep him busy in the near and long term. In his free time, he enjoys lifting heavy objects, reading, watching movies, and listening to his favorite music. Some of his favorite authors are Walt Whitman, William Faulkner, Allen Ginsberg, James Baldwin, Raymond Carver, Ray Bradbury, George Orwell, Mario Vargas Llosa, Reinaldo Arenas, Rafael Cadenas, and many others. Lately, he has been primarily interested in reading about dystopic societies, a topic that deeply resonates with the crypto industry. Since 2023, he has lived in Spain with his wife. He loves the weather, the food, and the people and their culture. They both expect to travel much more within the country they now call home and beyond its border. He hopes to retire with his wife, maybe in a quiet place near a beach, but most likely in a city close to a library and a university with his kids and, hopefully, grandkids.","sameAs":["https:\/\/www.linkedin.com\/in\/reynaldo-mrquez-2ab111190\/","https:\/\/x.com\/rl_m"],"url":"https:\/\/ktsl888.com\/author\/reynaldomarquez\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Cardano: Kraken Launches ADA Staking, $2 Next Price Target?","url":"http:\/\/ktsl888.com\/news\/cardano\/cardano-kraken-launches-staking\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/ktsl888.com\/news\/cardano\/cardano-kraken-launches-staking\/"},"thumbnailUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2021\/03\/Cardano-ADA-4.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2021\/03\/Cardano-ADA-4.jpg?fit=541%2C355"},"articleSection":"Cardano","author":[{"@type":"Person","name":"Reynaldo Marquez"}],"creator":["Reynaldo Marquez"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["ada","adausdt","cardano"],"dateCreated":"2021-05-06T20:40:41Z","datePublished":"2021-05-06T20:40:41Z","dateModified":"2021-05-06T20:40:41Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Cardano: Kraken Launches ADA Staking, $2 Next Price Target?\",\"url\":\"http:\\\/\\\/ktsl888.com\\\/news\\\/cardano\\\/cardano-kraken-launches-staking\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/ktsl888.com\\\/news\\\/cardano\\\/cardano-kraken-launches-staking\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2021\\\/03\\\/Cardano-ADA-4.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2021\\\/03\\\/Cardano-ADA-4.jpg?fit=541%2C355\"},\"articleSection\":\"Cardano\",\"author\":[{\"@type\":\"Person\",\"name\":\"Reynaldo Marquez\"}],\"creator\":[\"Reynaldo Marquez\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"ada\",\"adausdt\",\"cardano\"],\"dateCreated\":\"2021-05-06T20:40:41Z\",\"datePublished\":\"2021-05-06T20:40:41Z\",\"dateModified\":\"2021-05-06T20:40:41Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/ktsl888.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2021\/03\/Cardano-ADA-4.jpg?fit=541%2C355","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/463222","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/users\/535"}],"replies":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/comments?post=463222"}],"version-history":[{"count":0,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/463222\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/media\/460091"}],"wp:attachment":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/media?parent=463222"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/categories?post=463222"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/tags?post=463222"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}