The cryptocurrency has grown more than 50% in the last few days, making it to the third position in market capitalization of all cryptocurrencies.

ADA (Cardano), which project is based on an open-code smart contract platform, reached its all-time highs climbing up to a maximum value of $2.93, with a total market capitalization of more than $92 billion. Meanwhile, the project is getting prepared for its next update known as “Alonzo”, which is bringing improvements related to the functionality of smart contracts, allowing more decentralized applications to run on Cardano’s network. I may ask, is Cardano the most important competitor for Ethereum? It is such a very interesting project! Image retrieved from: http://www.eleconomista.com.mx/mercados/Por-que-caen-las-acciones-de-Coinbase-y-el-precio-de-bitcoin—20210425-0003.html On the other hand, there is still a bullish trend in the cryptocurrency market, supported by various factors. For example, cryptocurrency acceptance in the corporate world and the way companies are starting to work with cryptocurrency in their everyday operations. Recently, Coinbase has announced that they will be buying $500 million in crypto, and also they are looking forward to assign 10% of their quarterly earnings to a portfolio composed of crypto assets. If huge companies are implementing and working with cryptocurrency, are we expecting tougher regulations in the short term? Image retrieved from: http://www.eleconomista.com.mx/mercados/Por-que-caen-las-acciones-de-Coinbase-y-el-precio-de-bitcoin—20210425-0003.html As you may remember, last week’s blog we talked about a hacker or group of hackers that managed to break into Poly Network’s security system and captured about $600 million dollars in cryptocurrency. It has been made public that the company contacted the hacker, referring to him as “Mr. White Hat”, in order to offer him a $500,000 bug bounty for detecting a failure in their system. Nevertheless, “Mr. White Hat” rejected the offer and it led to a very curious situation, when Poly Network offered the hacker to be their Chief Security Advisor. Are we now having cyber vigilantes? It was such a very interesting and debating situation.

Cardano, as we previously mentioned, is located now on its all-time highs, making now a small pullback, but it hardly will come back below $2.50. ADA/USDT (TradingView Chart) Bitcoin, for its part, got very close and actually reached $50,000 for a while. Nevertheless, it is going back to $49,000 getting close to a support zone. ¿Will Bitcoin finally come back to $50,000? BTC/USDT (TradingView Chart) As we saw on today´s blog, there are many different alternative coins, such as Cardano, with very interesting projects, which could bring very high returns to a large number of investors. Remember to keep an eye on cryptocurrency markets specially on these days that we have had strong bullish moves. Without further ado, I wish you all to have an amazing week with a lot of profits🚀.