Dear Customers,

As part of our commitment to provide you with better and more efficient services, CryptoStake will perform a scheduled system maintenance and our website will be temporarily unavailable for the purpose of implementing our system upgrade. The maintenance will take approximately 24 hours. After the upgrade is complete, CryptoStake will make an official announcement.
We apologize for any inconvenience that might be caused by our system maintenance and sincerely thank you for your support!

CryptoStake Team.

Dear Customers,

We are glad to inform you that the maintenance is complete and the website is now accessible. Investors may login as usual.

Once again, our apologies for any inconvenience. Thank you for your support and patience!

CryptoStake Team.

As a CryptoStake partner, you are entitled to these benefits:

• Simple Approach

When a user registers through your referral link and deposits, you will immediately start earning interest on their crypto. If that user has more referrals, you keep earning more and more.

• Flexible Withdrawal

After each successful referral, the commission will be paid directly to your wallet and you could withdraw immediately.

• Limitless Earnings

Have a big audience? Don’t worry. There is no limit to the number of friends you can refer or how much you earn from referrals. CryptoStake pays out to individual affiliates for each new customer.

https://cryptostake.org/en/partnership-program
#cryptostake

Coronavirus doesn’t affect Cardano development

Recently, several industry news outlets reported that Cardano’s Shelley update will be postponed due to the coronavirus pandemic. Hoskinson was quick to deny such reports and call them “fake news” on Twitter earlier today.

https://cointelegraph.com/news/cardano-to-roll-out-commercial-infrastructure-denies-coronavirus-delay

Why is PoS a Strong Networking Security Strategy?

One of the major benefits of blockchain over centralized networks is simply that it isn’t centralized. While a central bank may be hacked if its databases become compromised, unless a network is compromised a centralized blockchain of nodes worldwide would not be affected at all. The data on the chain is protected so long as most nodes are stable.

https://medium.com/@crypto_stake/why-is-pos-a-strong-networking-security-strategy-65c3cf3b1b34

How does a Bitcoin halving work?
A bitcoin halving works due to the underlying blockchain software of the network which determines the rate at which new bitcoins are being generated.

https://medium.com/@crypto_stake/how-does-a-bitcoin-halving-work-3eb3662081b8?sk=a6f25841b0909b9486eed9da9ea1b2db
#CryptoStake

Proof-of-stake (PoS) blockchain Cardano (ADA) went live with its Byron reboot yesterday, March 30, as the project prepares its transition to the Shelley mainnet.

Announced by Cardano’s developer, the peer-to-peer technology firm Input Output Hong Kong (IOHK), the reboot involves a series of updates to major components of the Cardano network — the Cardano node, explorer, and Daedalus wallet backend, which is being spun out as a new version, Daedalus Flight.

https://cointelegraph.com/news/cardanos-byron-reboot-goes-live-paving-way-to-shelley-mainnet

Bitcoin halves owing to the program design created by a unknown individual or organization using the alias believed to be "Satoshi Nakamoto".

https://medium.com/@crypto_stake/why-does-bitcoin-halve-2c0eb014d078?sk=07148c301ca7e5f883f04b0a2d17069d
#cryptostake

The update process has completed. You can access our website as usual.
Thank you!

In a recent interview with Cointelegraph, Ethereum (ETH) co-founder and Cardano (ADA) founder Charles Hoskinson explained why he believes Cardano is poised for a trillion dollar market cap.

https://cointelegraph.com/news/charles-hoskinson-explains-how-cardano-could-get-to-a-trillion-dollar-market-cap

Cardano (ADA) Runs Shelley Network Tests Successfully

Decentralized blockchain network Cardano (ADA) on May 1, 2020, shared several roadmap updates in its weekly development report. Among other significant developments, the Cardano team successfully ran the first tests of the decentralized Shelley Network.

https://btcmanager.com/cardano-ada-shelley-network/?q=/cardano-ada-shelley-network/&utm_source=coincodex

https://medium.com/@crypto_stake/why-we-choose-ada-189489513711

#Cryptostake #ADA

Cardano’s Charles Hoskinson Says Crypto Movement Is Beyond Bitcoin, Payments And Profits

In an online address for the Wave Financial Virtual Investor Conference, Hoskinson said that a lack of trust is the main issue that people and corporations are facing during the coronavirus pandemic – the blockchain is the solution, he says.

Read more here: https://cryptogazette.com/2020/05/10/cardanos-charles-hoskinson-says-crypto-movement-is-beyond-bitcoin-payments-and-profits/?utm_source=coincodex

Although halvings could be fantastic for the long-term price of Bitcoin, there is one aspect of the crypto-industry that is likely to take a significant hit as a result of halving: miners.

https://medium.com/@crypto_stake/bitcoin-halving-and-its-impacts-bb075da6c115?sk=98cd347919b4d5fdfd0a396a62687378

The euphoria around Bitcoin halving is yet to live up to its billing after Bitcoin failed to surpass the $10,000 resistance, plunging back to around $8,000. However, altcoins like Cardano, Binance (BNB) Coin and Enjin Coin have begun printing a bullish green candle that show continuity in uptrend after the slight regression.

https://newslogical.com/cardano-binance-coin-enjin-coin-resist-correction-print-bullish-green-candle/

The ADA price has increased above and then validated the 540 satoshi level as support. The level also coincided with the 200-day moving average (MA) and an ascending support line that the price had been following for about a month, making it a very significant support level.
As for the future movement, if ADA break out above the resistance line it has been following (dashed), it is likely to continue its upward movement towards the next resistance area at 690 satoshis.

https://beincrypto.com/these-3-coins-have-broken-out-above-crucial-moving-averages/

Source: BeinCrypto

Pledging is set to provide a mechanism that encourages a healthy commercial ecosystem on Cardano, as it would request the highest pledge possible from stake pool operators while keeping smaller stake pools competitive.

https://cryptoslate.com/pledging-is-set-to-keep-cardano-ada-safe-and-decentralised/

Cardano (ADA) is currently consolidating in an uptrend. Both moving averages are sloping up and the RSI has risen above the 60 levels, which suggests that the bulls have the upper hand.

https://cointelegraph.com/news/top-5-cryptocurrencies-to-watch-this-week-eth-xlm-ada-xmr-cro?utm_source=coincodex

Cardano has been pushing higher in recent sessions and has taken out the 0.5448 level. The price could now push higher and the blue zone above the current level close to 0.6250 could be the next resistance.

https://www.fxstreet.com/cryptocurrencies/news/cardano-price-analysis-ada-breaks-the-previous-wave-high-202005182121

While the first wave of pioneers is testing Shelley, Hoskinson took to YouTube to answer community questions, touching on topics such as incessant trolls, roadmap deadlines, and handling a future Cardano that could process thousands of transactions every second.

https://cryptoslate.com/charles-hoskinson-discusses-shelley-trolls-and-a-1000-tx-s-future-for-cardano/