Emurgo Partners with Institute of Blockchain Singapore to Drive Cardano Education
Emurgo, a founding entity of the Cardano blockchain, has announced a strategic partnership with the Institute of Blockchain Singapore (IBS). This partnership emphasizes the growing importance of blockchain education worldwide and demonstrates Cardano’s commitment to the same.
Cardano Expands Presence in Singapore
The partnership between Emurgo and IBS aims to enhance the outreach and education of Cardano. IBS, which has already trained over 2,000 learners from 9 countries, is a pioneer in blockchain education and training in Singapore.
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A Collaboration for Blockchain Education
IBS was founded in 2018 as a social enterprise and online blockchain academia. They are dedicated to spreading blockchain knowledge and certifying professionals in the field. Their flagship program, the Certified Blockchain Consultant® Credential, reflects their commitment to education.
Potential for Future Joint Initiatives
Emurgo’s announcement suggests that this partnership with IBS may be just the beginning of a series of joint initiatives between the two entities. They encourage followers to stay updated by following Emurgo.
ADA Price Enters Bullish Territory
The price of Cardano’s ADA token has returned to bullish territory on the 1-day chart. At the time of writing, ADA is trading at $0.301 after breaking above the 200-day moving average (EMA) at $0.298.
Using the 200-day EMA as a Trend Indicator
The 200-day EMA is often used by investors to identify potential buy or sell signals. When the price crosses above the 200-day EMA, it can indicate an uptrend. A daily close above $0.298 today could signal a return to bullish territory for Cardano.
Price Targets for ADA
If Cardano’s price remains in bullish territory, the next targets are the Fibonacci retracement levels of $0.313, $0.341, $0.37, $0.411, and the year-to-date high at $0.463.
Hot Take: Emurgo and IBS Partner to Drive Cardano Education
Emurgo’s partnership with the Institute of Blockchain Singapore (IBS) is a significant step towards advancing blockchain education and adoption globally. By collaborating with IBS, a pioneer in blockchain education and training, Cardano aims to strengthen its presence in Singapore and enhance awareness about its Web3 ecosystem.
