Cardano

On 1 October 2023, the crypto influencer known as “ADA Whale” shared his thoughts on the digital economy and Cardano’s role in it via social media platform X. He emphasized the distinction between his personal desires and realistic expectations for the future of cryptocurrency. ADA Whale believes that the digital economy is akin to a […]

Introduction Crypto influencer Dan Gambardello, founder of Crypto Capital Venture, recently shared his insights on Cardano (ADA) in a comprehensive video. He explored Cardano’s market position, and technological advancements, and drew several comparisons with Ethereum, highlighting why he believes Cardano is a strong contender in the crypto space. Cardano’s Market Position Gambardello starts by emphasizing […]

Prominent cryptocurrency strategist Nicholas Merten, known for his influential voice on his DataDash YouTube channel, has raised concerns over the possible price trajectory for certain altcoins, namely $XRP, Cardano ($ADA) and Binance Coin ($BNB), over liquidity issues. In a video shared on the Google-owned video-sharing platform to his over 500,000 subscribers, the analyst noted that […]

Cryptocurrency investment products focusing on three major altcoins, Solana ($SOL), $XRP, and Cardano ($ADA) bucked a bearish trend last week amid outflows of over $54 million for digital asset investment products, with $BTC investment products seeing $45.3 million of outflows. According to CoinShares’ Digital Asset Fund Flows Weekly report, over the last nine weeks eighth […]

The smart contract platform Cardano ($ADA) has maintained its third place when it comes to cryptocurrency networks in terms of development activity, behind the “blockchain of blockchains” Polkadot ($DOT) and its public pre-production environment Kusama ($KSM). That’s according to data from on-chain analytics firm Santiment, which details Polkadot has managed to maintain its position as […]

In a recent interview with Cointelegraph Magazine’s editor, Andrew Fenton, Ken Kodama, CEO and founder of Singapore-based EMURGO Group Pte. Ltd., shared the organization’s new strategy to address 21 specific areas where Cardano’s ecosystem could be improved. EMURGO, a founding entity of the Cardano blockchain that provides products and services to drive the adoption of […]

In a recent YouTube video, Benjamin Cowen, a well-known crypto analyst, shared his thoughts on the future price movements of Ethereum. Cowen suggested that the cryptocurrency might not only experience a lower low but could potentially see its price fall below $800. He mentioned that while the decline might not be drastic, Ethereum could even […]

On 9 September 2023, pseudonymous crypto analyst Kara Szabo disclosed her purchase of $20,000 worth of Cardano ($ADA) when the cryptocurrency was trading at approximately $0.2534. Kara expressed that the price was too good to pass up, signaling her confidence in the asset. In a post on the micro-blogging platform X (formerly known as Twitter), Kara revealed […]

Introduction Cardano’s native tokens are a cornerstone of the blockchain’s functionality and community engagement. These tokens, which can be user-defined, are treated by the Cardano ledger similarly to its native currency, ada. Since the Mary hard fork in March 2021, Cardano has offered built-in support for native tokens, eliminating the need for custom code for […]

Introduction WingRiders, a leading Automated Market Maker (AMM) and Decentralized Exchange (DEX) on the Cardano (ADA) blockchain, has unveiled WingRiders Launchpad (WRLP). This platform is designed to transform how new projects are launched and nurtured within the Cardano ecosystem. WingRiders’ Vision for the Launchpad Five months ago, WingRiders introduced its Launchpad with a focus on […]

In a recent episode of the popular crypto market commentary YouTube series “Cheeky Crypto,” the host (Nick) got into an in-depth analysis of Cardano’s ADA. Nick started by discussing the total value locked (TVL) in Cardano, which currently stands at about $155 million. He pointed out that despite the dollar value of ADA decreasing, the […]

Smart contract network Cardano ($ADA) has been seeing its on-chain transaction volume rise steadily so far this year, to the point ADA’s weekly on-chain transaction volume has surged over 1,700% since late January. According to popular on-chain analytics firm Santiment, despite Cardano’s “suppressed market value compared to its April local top,” utility is playing an […]

Yesterday, Dan Gambardello, the founder of Crypto Capital Venture, drew exciting parallels between Cardano ($ADA) and Amazon’s early years. He started by acknowledging the brutal market conditions for ADA holders, who have experienced almost two years of downside. However, he emphasized that the comparison is not about the two entities’ technology or specific achievements but […]

Yesterday, pseudonymous crypto analyst Kara Szabo disclosed her purchase of $20,000 worth of Cardano ($ADA) when the cryptocurrency was trading at approximately $0.2578. Szabo expressed that the price was too good to pass up, signaling her confidence in the asset. Following her announcement, Szabo faced some criticism for her investment decision. In response, she said […]

Crypto market commentary show DCA Crypto’s recent video provides an in-depth analysis of Cardano (ADA), discussing its current market status, future prospects, and why it’s a strong investment. The video also covers Cardano’s CEO Charles Hoskinson’s views on the cryptocurrency’s future and addresses regulatory concerns. Notably, the video suggests that ADA has the potential to […]

In a video released on August 30, 2023, Charles Hoskinson, the Co-Founder and CEO of Input Output Global (IOG), took the opportunity to clarify his stance on Non-Fungible Tokens (NFTs) within the Cardano ecosystem. The video serves as a comprehensive guide to understanding Hoskinson’s personal policy on NFTs, a topic that has garnered significant attention. […]

During his speech at the Rare Evo 2023 convention, Charles Hoskinson, the Co-Founder and CEO of IOG (Input Output Global), the company behind Cardano’s research and development, made a bold prediction. Hoskinson said: “So, that is our challenge, and this is why I think that Cardano is probably going to become the biggest cryptocurrency in the world. […]

The founder of Cardano ($ADA) Charles Hoskinson has seemingly seen a comment from a cryptocurrency investor touch a nerve after they threw shade at Cardano’s developmental trajectory and alleged parallels with Ethereum. In response to a cryptocurrency investor who suggested Cardano is following Ethereum’s roadmap but was “a few years behind,” Hoskinson said “it’s getting […]

While the cryptocurrency market is currently undergoing a correction that has seen its total market capitalization drop by around 3% over the past week with around $30 billion leaving the space, Cardano ($ADA) whales have bought the dip and kept on accumulating. According to data from on-chain analytics firm, Cardano wallets with a balance of […]

Popular cryptocurrency analyst Ali Martinez has recently pointed out that the price of smart contract platform Cardano ($ADA) could soon surge over 2,900% if history is to repeat itself, as previous periods of relative stability for the token have been followed by huge price explosions. In a post Ali shared on the microblogging platform X […]

The Cardano ($ADA) ecosystem has made significant advancements in the decentralized finance (DeFi) market, as its DeFi ecosystem —which went live in January 2022 with the launch of the MuesliSwap mainnet— has grown from $50.9 million in the first quarter of 2023 to over $150 million, a year-to-date growth of over 200%. Top DeFi Projects […]

Input Output Global (IOG), the technological backbone propelling Cardano’s research and development, consistently offers a transparent window into the platform’s ongoing progress. These insights are shared through their weekly development reports, available for all to see on Essential Cardano. The most recent update, covering the week ending on 11th August 2023, brings forward some compelling […]

In May 2023, the International Organization of Securities Commissions (IOSCO) unveiled a consultation report, proposing 18 policy recommendations aimed at crypto and digital asset markets. These recommendations are designed to bring about consistency in regulatory frameworks across IOSCO’s member jurisdictions. The overarching goal is to address the challenges tied to market integrity and the protection […]

Leading cryptocurrency exchange Binance has announced it’s delisted two perptual futures contracts, specifically USDⓈ-M ADABUSD and MATICBUSD Perpetual Contracts, by August 17. According to the announcement, the contracts will no longer be available on August 17 by 09:00 UTC,, with other significant adjustments being made ahead of the delistings. Effective on August 10, , Binance […]

San Francisco-based banking institution SoFi has recently revealed in its second quarter earnings report that its cryptocurrency holdings have surged to near $170 million, with Bitcoin ($BTC), Ethereum ($ETH), Dogecoin ($DOGE) and Cardano ($ADA) making up its largest holdings. The bank, which serves over six million clients, revealed that out of a total of $166 […]

The total value locked on Cardano’s decentralized finance (DeFi) ecosystem has recently reached a new milestone above the 600 million $ADA mark, with the amount of the network’s native tokens locked on DeFi applications having tripled since the beginning of the year. According to data from DeFi tracking and analytics service DeFiLlama, the total value locked […]

Benjamin Cowen, a popular cryptocurrency influencer with a following of over 780,000 people on the Google-owned video-sharing platform YouTube, has recently shared insights ihis insight into the trajectory of Solana ($SOL), saying it could make a significant turnaround in a way similar to what Cardano ($ADA) did during the previous bear market. Drawing on past […]

In a recent YouTube video, the well-known crypto analyst from Cheeky Crypto made a striking prediction about the future price trajectory of Cardano (ADA). The analyst believes that ADA, currently the ninth-largest cryptocurrency by market capitalization, has the potential to surge by a staggering 10,689% in the long run. This optimistic forecast suggests that ADA […]

MuesliSwap, a decentralized exchange (DEX) built on the Cardano blockchain, has recently come under scrutiny due to concerns about high slippage losses faced by some of its users. In a bid to address these concerns and maintain trust within its community, the platform has announced plans to refund those affected. On 7th August, a day […]

Large holders on the Cardano ($ADA) network, colloquially known as whales and shakrs, have been actively accumulating tokens, to the point that they added over $116 million worth of the smart contract’s native token since May 21. According to data from on-chain analytics firm Santiment, Cardano has been seeing continued accumulation from sharks and whales, […]

Cardano (ADA) has often faced skepticism, with some critics dubbing it a “ghost chain.” In the context of the blockchain and cryptocurrency world, the term “ghost chain” typically refers to a blockchain that, despite being technically functional and live, has very little actual usage, development activity, or transaction volume. Essentially, it’s a blockchain that exists […]

In a recent video update, popular crypto analyst and influencer Ben Armstrong took a deep dive into the world of Cardano ($ADA), a proof-of-stake blockchain platform. Armstrong’s analysis covered the recent launch of Mithril on the Cardano network and the future price potential of $ADA. Armstrong kicked off the episode by discussing the recent launch […]

Messari’s “State of Cardano Q2 2023” report, authored by Protocol Research Analyst Red Sheehan and released on 4 August 2023, provides a detailed look at the status of the Cardano network and ecosystem as of the end of Q2 2023. Network Overview The report notes that the average transaction fee on the Cardano network increased […]

Dan Gambardello, a popular figure in the crypto space and the founder of Crypto Capital Venture, recently shared his long-term outlook for Cardano (ADA). Drawing from historical data and benchmarking against other digital assets, Gambardello anticipates a significant rally for ADA, with a potential all-time high of $7.80, in the next bull market. Gambardello underscored […]

In a reversal of a recent trend, long-Bitcoin investment products have represented 93% of the outflows of cryptocurrency investment products, while short Bitcoin products saw their 14th consecutive week of outflows. Products investing in $XRP and Cardano ($ADA), meanwhile, attracted significant inflows. According to CoinShares’ latest Digital Asset Fund Flows report, institutional investors have seemingly […]

Popular cryptocurrency analyst Dan Gambardello has recently revealed that he expects the price of the smart contract platform Cardano ($ADA) to “absolutely explode going into the next bull market” based on the growth of its decentralized finance (DeFi) ecosystem. In a post Gambardello shared with his over 240,000 followers on the microblogging platform X, he […]

The meme-inspired cryptocurrency Dogecoin ($DOGE) has seen its value surge over 14% over the last few days, to the point it has surpassed smart contract platform Cardano ($ADA) as the seventh-largest cryptocurrency by market capitalization, with DOGE’s surge leading to millions in liquidations over a 24-hour period. According to available market data, over the past […]

In a recent Cardano (ADA) trading strategy session, prominent crypto analyst Benjamin Cowen issued a warning about Cardano, a leading competitor to Ethereum (ETH). Cowen drew attention to the striking similarities between Cardano’s current price action and its performance in the latter half of 2019, a period marked by a consistent downward trend for ADA. […]

Mithril, is on the brink of its mainnet release. Developed by IO Global (IOG), the tech firm behind much of Cardano’s research, Mithril is set to tackle some of the biggest challenges in blockchain applications. Think of Cardano as a two-story building. The first floor, the Cardano Settlement Layer (CSL), is where the cryptocurrency ADA […]

EMURGO Academy, an educational division of the global blockchain technology firm EMURGO (which is the commercial arm of Cardano), has unveiled its latest offering: a DeFi Masterclass. This course is the result of a collaborative effort with the Cardano DeFi Alliance (CDA). Established in January 2019, EMURGO Academy is a global educational initiative dedicated to […]

The second-largest cryptocurrency by market capitalization Ethereum ($ETH) has topped the first institutional grade cryptocurrency ESG ranking, in which it was followed by rival smart contract platforms Solana ($SOL) and Cardano ($ADA). According to CCData’s ESG Benchmark report, which notes Environmental, Social, and Governance (ESG) mandates are “increasingly prevalent amongst institutional investors and funds,” with […]

In the dynamic landscape of Cardano, the past week has been filled with noteworthy advancements. Input Output Global (IOG), the driving force behind Cardano’s research and development, has been actively pushing the boundaries in various aspects of the Cardano ecosystem. These achievements were described in IOG’s latest Weekly Development Report, which was published on Essential […]

Introduction This report provides a technical analysis of Cardano (ADA) for 6 July 2023. The analysis includes an overview of the price and volume and a detailed examination of the daily and monthly technical indicators and moving averages. This report aims to provide traders and investors with insights into ADA’s short-term and long-term market trends. […]

The popular Cardano-powered algorithmic stablecoin Djed ($DJED), which is backed by nearly 40 million $ADA tokens, has lost its peg to the value of the U.S. dollar and is now trading at $1.09 across decentralized exchanges on the Cardano ecosystem. Data shows that the DJED stablecoin has lost its peg after it failed to maintain […]

Introduction This report provides a comprehensive analysis of Cardano (ADA) for 4 July 2023. The data includes real-time price, volume, bid/ask, day’s range, technical indicators, and moving averages. Price and Volume Overview As of 5:29:14 p.m. UTC on 4 July 2023, Cardano is trading at $0.2929, down by $0.0013 (-0.44%) from its previous close. The […]

On 3 July 2023, Input Output Global (IOG), the technology firm behind the development of the Cardano protocol, highlighted the transformative role of Web3 wallets on Cardano in fostering economic growth and enhancing financial health in emerging markets. Over a series of tweets, IOG explains that Web3, also known as the decentralized web, marks a […]

Vodafone Germany has revealed plans to release an NFT collection on the Cardano (ADA) blockchain. This news was shared by Patrick Tobler, the Founder and CEO of NMKR, a leading NFT creation, minting, and trading infrastructure provider on the Cardano blockchain. Tobler shared the announcement made by a Vodafone Germany employee (“Luca”) on the company’s […]

The United Kingdom-based financial technology giant, Revolut, has disclosed it’s set to delist three popular cryptocurrencies for its U.S. users, Cardano ($ADA), Polygon ($MATIC), and Solana ($SOL) through an email sent to its users. The move will mean that U.S. users of the popular fintech platform will find themselves unable to buy these cryptocurrencies, while […]

In a sobering analysis, popular cryptocurrency analyst Benjamin Cowen has revealed that he believes the price of Cardano’s native token, $ADA, could see its value drop 50% against that of the flagship cryptocurrency Bitcoin ($BTC). On the popular microblogging platform Twitter, Cowen shared his insights into the potential price tracjectory of ADA, pointing to its […]

In a recent episode of the popular crypto market commentary YouTube series “Cheeky Crypto,” the host (Nick) got into a detailed technical analysis of Cardano (ADA). The video provides insights into the recent performance of ADA and what might be expected next. Nick begins the video by addressing some confusion caused by recent videos about […]

In a recent video update, Dan Gambardello, the founder of Crypto Capital Venture and a popular crypto analyst, shed light on the exciting developments surrounding Cardano (ADA). He highlighted the significant regulatory advancements in Indonesia, where Cardano has been approved for trading as a commodity. Gambardello emphasized that this regulatory support, coupled with the burgeoning […]

On Friday (23 June 2023), Charles Hoskinson, a Co-Founder of Ethereum and Cardano, addressed an online rumor about his alleged past as an intern at Ripple. As it turns out, the rumor was based on a case of mistaken identity. Hoskinson tweeted: One source of this rumor was the following tweet: The confusion seems to […]

Introduction This report provides a comprehensive analysis of Cardano (ADA) for 22 June 2023. The data includes real-time price, volume, bid/ask, day’s range, technical indicators, and moving averages. Price and Volume Overview As of 10:35 a.m. on 22 June 2023, on Binance, Cardano is trading at $0.3027, up by 8.49% from its previous close. The […]

In a recent video from the YouTube series “Altcoin Daily,”  upgrades to Ethereum (ETH), Cardano (ADA), and Polygon (MATIC) were discussed, providing valuable insights for investors and crypto enthusiasts alike. The video begins by highlighting the growing confidence in Bitcoin and Ethereum, as evidenced by net outflows from exchanges. This trend indicates that more of these […]

Introduction This report provides a comprehensive analysis of Cardano (ADA) for 21 June 2023. The data includes real-time price, volume, bid/ask, day’s range, technical indicators, and moving averages. Price and Volume Overview As of 5:35 a.m. UTC on 21 June 2023, on Binance, Cardano (ADA) is trading at $0.2776, up by $0.0173 (+6.65%) from its […]

In a bearish forecast for the cryptocurrency Cardano ($ADA), popular digital currency analyst Benjamin Cowen suggested that the digital asset could continue to languish for the remainder of the year before bottoming out. During a recent strategy discussion, Cowen drew on historical market trends to suggest that Cardano may not hit its nadir until 2023 […]

Introduction This report provides a comprehensive analysis of Cardano (ADA) based on the latest data as of 20 June 2023. The analysis includes a review of the current price, technical indicators, and moving averages. Price and Volume Overview As of 7:51 a.m. UTC on 20 June 2023, Cardano (ADA) is trading at $0.2588, down by […]

Introduction This report provides an analysis of the cryptocurrency Cardano (ADA) based on the latest data as of 19 June 2023. The analysis includes a review of the current price, volume, bid/ask prices, day’s range, technical indicators, and moving averages. Cardano has seen some interesting movements recently, and this report aims to provide insights into […]

Introduction This report provides a comprehensive analysis of Cardano’s (ADA) price dynamics, covering technical indicators and moving averages. Price and Volume Overview As of 4:52 p.m. UTC on 17 June 2023, on Binance, the price of ADA is $0.2671, which is an increase of $0.0059 (+2.26%) from the previous close. The volume of ADA traded […]

According to the IOG’s latest development update, in the past week, Cardano has made significant strides in its core technology. The networking team has implemented a new light peer sharing feature, which is a primary method for new unregistered nodes to join the network. However, this feature is currently disabled pending the completion of the […]