Cardano

Crypto Investments Products Record $225 Million Inflows With $ADA and $SOL Leading Altcoins

Cardano ($ADA) and Solana ($SOL) led altcoin investment product inflows this week, according to CoinShares, while other altcoins like Ethereum, Litecoin, and Polkadot recorded outflows. The flagship cryptocurrency saw inflows of $225 million. As Reuters reports, in total, cryptocurrency investment products and funds invested $226.2 million in investments last week, bringing their year-to-date total to […]

Gene Simmons’ Investment in Cardano ($ADA) Is Up Over 133% So Far

The $300,000 investment into Cardano (ADA) that Gene Simmons, the iconic bass player of the popular rock bank Kiss, made back in February, has reportedly more than doubled in value. Simmons revealed during an interview on the Altcoin Daily YouTube channel, as reported by CoinDesk, he holds 14 cryptocurrencies in total. During the interview, Simmons […]

Cardano ($ADA) Powered Smart Contract Based Marketplace Goes Live

On Sunday (October 10), the operator of Berry Pool, the first Cardano stake pool on a Raspberry Pi, who is also the creator of the Nami Wallet, announced that NFT platform SpaceBudz’ smart contract based marketplace has launched. SpaceBudz is another NFT project that uses the Cardano blockchain. There are 10,000 SpaceBudz in existence and “each […]

Cardano ($ADA) Powered DeFi Hub Building Cardano-Elrond Bridge Infrastructure

Cardano-powered DeFi Ardana has announced a long-term partnership with high-throughput layer 1 blockchain Elrond ($EGLD), as the result of which Ardana “will build the bridge infrastructure required for asset transfer between Cardano and Elrond.” Ardana is “a decentralized stablecoin hub which will bring the necessary DeFi primitives needed to bootstrap & maintain any economy to Cardano”. […]

Prominent Crypto Analyst Explains Why ‘Newcomers Always Go for $ADA’

On Saturday (October 9), popular macro-economist and crypto analyst Alex Krüger explained one of the main reasons for the popularity of Cardano’s native token $ADA with new retail investors entering the crypto market. Krüger tweeted: And when a commentor wondered about the reason for this phenomenon, Krüger replied that he believed Cardano’s huge popularity with […]

Cardano ($ADA) Could Soon Start Outperforming Bitcoin, Technical Analyst Suggests

Popular cryptocurrency analyst Michaël van de Poppe has revealed on social media that he believes that Cardano (ADA) is now ready to bounce off of lows against the flagship cryptocurrency bitcoin to move to new highs. In a chart shared with his over 430,000 followers on microblogging platform Twitter,  Poppe showed that on the ADA/BTC […]

Cardano ($ADA) Is Undervalued Compared to Its Competitors, Grayscale Report Finds

The Cardano (ADA) network may be undervalued when compared to its competitors, according to a new report published by leading digital asset manager Grayscale Investments. The report found the market did not keep up with Cardano’s significant growth over the last 12 months. Cardano launched smart contracts after successfully deploying the Alonzo hard fork on […]

$DOT, $ADA, $ETH Among Top Holdings of Successful Crypto Trading Hamster ‘Mr. Goxx’

Crypto trading hamster “Mr. Goxx” (named after the now-defunct Bitcoin exchange Mt Gox) is outperforming many traditional investors and accumulating fans from around the world, the latest being Tesla CEO Elon Musk, who says Mr. Goxx has “mad skillz”. According to a report by Business Insider, the trading office of Mr. Goxx, the CEO of […]

Starship Universe Landing on Cardano, Bringing Paul Oakenfold’s Latest EDM Album

Recently, Cardano ($ADA) founder Charles Hoskinson and award-winning English music producer and DJ Paul Oakenfold announced a collaboration that will tokenize every aspect of the latter’s upcoming electronic dance music (EDM) album (“Zombie Lobster”) using the Cardano blockchain. According to a report by BlockTribune, this collaboration between the Co-Founder and CEO of Cardano R&D company […]

Cardano ($ADA) Powered DeFi Platform to Launch a Gold-Backed Stablecoin

A partnership between decentralized finance (DeFi) platform MELD and Tingo Network, Nigeria’s largest mobile network, is going to lead to the launch of a new gold-backed stablecoin on top of the Cardano network. According to City A.M., during its crypto summit chairman Ken Olling announced the partnership, which will also include Ubuntu Tribe, an ethical […]

Cardano-Backed Project Jumps Nearly 100% Ahead of Visa Card Rollout

Cardano-backed project Coti has seen the price of its native $COTI token jump nearly 100$ over the last 30 days ahead of the rollout of a Visa card after it teamed up with popular fintech firm Simplex. According to CryptoPotato, Coti is launching a new service set to facilitate the bridge between fiat currencies and […]

$100 Million Fund Aims To ‘Accelerate the Development of the Cardano Ecosystem’

The commercial arm of Cardano has announced the launch of a $100 million fund that will “invest into early startup and growth stage companies focused on building socially impactful solutions powered by Cardano.” EMURGO, which was founded in 2017, is “a global blockchain technology company providing solutions for developers, startups, enterprises, and governments”; and it […]

Cardano ($ADA) Could Be Used to ‘Run a Nation-State’ in the Future, Says Charles Hoskinson

Cardano (ADA) founder Charles Hoskinson has revealed he believes the infrastructure on the cryptocurrency’s blockchain will be good enough to “run a nation-state” in the future as he sees Cardano offering a solution to many of the governance issues that affect the world today. As reported by Bloomberg, Hoskinson’s words came at the Cardano Summit […]

Cardano ($ADA) Gets Listed on Swiss Crypto Exchange

On Tuesday (September 28), Lykke Corp, which is a Switzerland-based FinTech startup that owns and operates the Lykke Wallet cryptocurrency exchange, announced the listing of Cardano’s $ADA token. According to Lykke’s press release, Lykke Wallet is “a commission-free cryptocurrency exchange integrated with a cryptocurrency wallet” that “makes it possible to buy and sell cryptocurrency, such […]

Cardano Foundation ‘Tapping Into a Market of 2.8 Billion Gamers Around the World’

Cardano Foundation is hoping to drive the adoption of the Cardano blockchain via non-fungible tokens (NFTs) aimed at gamers. On Monday (September 27), Rival, a “leading gaming and fan engagement enterprise platform provider”, announced a partnership with Cardano Foundation, the “independent Swiss-based non-profit that oversees and supervises the advancement of Cardano”. Rival specializes in building […]

Cardano R&D Firm IOHK Partnering With Oasis Pro To Create a Bond Issuance Platform

On Sunday (September 26), IOHK (aka IOG), the blockchain technology firm, which develops the Cardano Protocol and was founded by Charles Hoskinson, announced that it has partnered with Oasis Pro Inc. (“Oasis”), the majority owner of Oasis Pro Markets, which offers “the first US-regulated Alternative Trading System (ATS) authorized to allow users to trade digital securities […]

Djed: A Cardano-Powered Algorithmic Stablecoin

On Sunday (September 26), day two of the two-day Cardano Summit 2021, IO Global (IOG), the blockchain technology firm responsible for the development of Cardano ($ADA), and FinTech startup COTI Group, unveiled Djed, a new algorithmic stablecoin for Cardano that was developed by the former and is issued by the latter. Djed’s use of smart contracts ensures price […]

Crypto Analyst Says Cardano ($ADA) Price Is Going ‘All the Way Up to $10’

Popular pseudonymous analyst and trader “Crypto Capo” (“@CryptoCapo_” on Twitter) says that the price of Cardano’s $ADA token is headed to $10. On Saturday (September 25) — the first day of the two-day Cardano Summit 2021 event — when $ADA was trading in the range $2.2500 to $2.4578, he said that he believed that $ADA had […]

Chainlink Labs Has ‘A Tremendous Amount of Respect for the Cardano Ecosystem’

Earlier today (September 25), Niki Ariyasinghe, Head of Business Development (Asia-Pacific, Middle East and Africa) at Chainlink Labs, discussed with Tim Harrison, Marketing & Communications Director at IOHK (aka “IOG”), the technology company that develops the software implementing the Cardano protocol, a new strategic collaboration that will “help developers build smart contracts for Cardano DeFi applications.” […]

Coin Bureau Says Cardano ($ADA) Will Drive Massive Crypto Innovation

Recently, the host of popular crypto trading and market analysis show “Coin Bureau” said that Cardano will generate a new wave of innovation similar to the launch of Ethereum.  During a YouTube video released on September 18, Coin Bureau’s host “Guy” told the channel’s over 1.38 million subscribers that we will soon witness a wave of […]

Former Goldman Sachs Exec Explains Why He Is So Bullish on Cardano ($ADA), Solana ($SOL), and XRP

In a recent interview, former Goldman Sachs executive Raoul Pal talked about why is excited about certain altcoins, and in particular explained why he is bullish on Cardano ($ADA), Solana ($SOL), and XRP, all of which he currently owns. Prior to founding macro economic and investment strategy research service Global Macro Investor (GMI) in 2005, Pal co-managed the GLG Global […]

Cardano ($ADA) Development Company IOHK on Upcoming Plutus dAppStore

Yesterday (September 22), blockchain technology company IOHK (aka “IOG”), which is responsible for the research and development of the Cardano protocol, talked about the upcoming store for decentralized applications (dApps) written for the Plutus Platform. In an IOHK blog post published on September 22, Shruti Appia, Head of Product (Smart Contracts) at IOHK, started by saying that “addressing […]

Cardano ($ADA) Development Company IOHK on Layer 2 Scaling Solution Hydra

Recently, blockchain technology company IOHK (aka “IOG”), which is responsible for the research and development of the Cardano protocol, talked about Hydra, which is a layer 2 scaling solution for the Cardano blockchain. In an IOHK blog post published on September 17, Software Engineering Lead Sebastian Nagel started by saying that Cardano “just like any permissionless blockchain, […]

Analyst Provides Outlook For $BTC, $ETH, and $ADA Following Recent Market Correction

Michaël van de Poppe has shared his latest thoughts on the recent price action of Bitcoin, Ethereum, and Cardano. During recent YouTube video, Van de Poppe said the recent price correction was offering a “very nice entry zone” for investors waiting to get into the crypto markets. He also noted that the final quarter of […]

Crypto Exchange Bexplus Explains Why Cardano ($ADA) Is Up Over 1100% in 2021

Important information: This is a sponsored story. Please remember that the value of investments, and any income from them, can fall as well as rise, so you could get back less than you invest. If you are unsure of the suitability of your investment, please seek advice. Tax rules can change and the value of […]

Crypto Analyst Says Cardano NFTs ‘Seem To Have a Bright Future’

On Monday (September 20), crypto analyst and influencer Ben Armstrong talked about Cardano’s rapidly growing non-fungible token (NFT) sector. In a tweet he sent out earlier today, Armstrong, who is the host of the very popular “BitBoy Crypto” YouTube channel, said that Cardano NFTs “seem to have a bright future” despite ” being “so young to the NFT […]

Crypto Analyst Explains How Cardano ($ADA) Can Emulate Success of Ethereum ($ETH)

Recently, popular crypto analyst and trader Benjamin Cowen outlined how Cardano can follow in the footsteps of Ethereum to achieve even greater success.  In a video released on the eve of the launch of smart contracts support on the Cardano mainnet, i.e. the Alonzo hard fork combinator (HFC) event, Cowen told the over 538K subscribers […]

Cardano Launches Smart Contracts Support, Analyst Says $ADA Going to $10 by Mid 2022

This article provides an overview of smart contracts platform Cardano ($ADA) price action, news, and commentary by influencers, analysts, traders, and investors as of Monday (September 13). Latest Price Action According to data by TradingView, on crypto exchange Kraken, currently (as of 14:20 UTC on September 13), $ADA is trading around $2.3317, down 12.21% vs USD in […]

Cardano ($ADA) Surges Over 13%, Crypto Analyst Says ‘Might Be Ready for $5’

On Saturday (September 11), Cardano’s $ADA token is highest percentage gainer among the top 10 cryptoassets with a nearly 14% surge in the past 24-hour period that has only helped to further solidify its third place position in the coin market cap table. According to data by TradingView, currently (as of 19:06 UTC on September […]

IOHK Envisions Broader Adoption of Cardano ($ADA) Across Africa

In a recent interview, John O’Connor, the Director of African Operations at IOHK, the blockchain development company behind Cardano ($ADA), talked about his company’s plans for increasing the adoption of the smart contracts platform. O’Connor, who previously worked as Head of Strategy and Communications at the Cardano Foundation, made his comments during an interview with […]

Cardano Founder Deals With Concurrency FUD, a Second Japanese Exchange Lists $ADA

Shortly after Minswap, the first decentralized application (DApp) on Cardano’s public testnet went live, users started starting getting concurrency-related errors, which led to Cardano critics claiming that this meant that its accounting model cannot support concurrency. At 20:20 UTC on Wednesday (September 1), Cardano’s public testnet hard forked into the Alonzo era, thereby offering support […]

$ADA Breaks $3 Within Hours of Cardano Public Testnet Entering Alonzo Era

At 20:20 UTC on Wednesday (September 1), Cardano’s public testnet hard forked into the Alonzo era, thereby offering support for Plutus smart contracts. Less than five hours later, Cardano’s $ADA finally break through the $3 level to set a new all-time high. As IOHK (aka “IOG”), the blockchain technology firm responsible for the development of […]

Cardano Sees Highest Ever Weekly Inflow Into $ADA Investment Products

According to a report released on Monday (August 30) by CoinShares, which is Europe’s largest digital asset investment firm, last week, Cardano investment products had their highest weekly inflow ever. CoinShares’ Digital Asset Fund Flows Weekly report is “a brief synopsis covering investment inflows and outflows in popular ETPs, mutual funds, and OTC trusts referencing bitcoin, […]

Cardano Foundation Partners with HackerOne for New Bug Bounty Program

The Cardano Foundation has announced a massive “bug bounty” program for ethical hackers who can find vulnerabilities in the Cardano platform.  In a recent blog post, the Cardano Foundation announced a bug bounty program with hacker-powered security firm HackerOne to look for vulnerabilities in the project’s blockchain. The Foundation hopes that this will help it […]

$ADA Founder Answers Weiss Ratings’ Criticism of Cardano’s Partnership With Coinfirm

Charles Hoskinson, the Co-Founder and CEO of IOHK (the company that is responsible for the research and development of the Cardano protocol), has responded to Weiss Crypto Ratings’ critique of a recent partnership.  On August 24, Cardano Foundation, which is “an independent Swiss-based non-profit that oversees and supervises the advancement of Cardano”, announced that it […]

Crypto Analyst on Cardano: “September 12th Isn’t the Target. It’s the Starting Line”

On Wednesday (August 25), one of the hosts of the very popular YouTube channel “Altcoins Daily” found an interesting way express to the channel’s over 462K fans on Twitter how “hugely bullish” he is on Cardano’s $ADA token. One of the major two reasons for his bullishness on Cardano is the upcoming Alonzo hard fork, […]

Dogecoin Millionaire Is ‘Going To Start Buying Up As Much Cardano As Humanly Possible’

In a recent interview, Glauber Contessoto, the man who invested all of his savings (around $250,000) in Dogecoin ($DOGE) on February 5, said that he is going to start investing in Cardano ($ADA). On April 22, the 33-year-old man, who works at a music company in Los Angles, told CNBC’s “Make It” program that after […]

Cardano ($ADA) Has Potential to Hit $20 This Cycle, Says Popular Crypto Analyst

Popular cryptocurrency analyst and trader Benjamin Cowen has revealed he believes the third-largest cryptocurrency by market capitalization Cardano ($ADA) has the potential to hit $20 this bull cycle while outperforming bitcoin. In a video, first spotted by Daily Hold, Cowen noted he believes Cardano’s price surge so far this year is only getting started, adding […]

Cardano’s First Ever Sidechain Project Will Bring Ethereum Smart Contracts to Cardano

Charles Hoskinson, the CEO of IOHK (the company that is responsible for the research and development of the Cardano protocol), says he is glad that blockchain startup dcSpark’s novel sidechain project (named “Milkomeda”) will allow EVM-compatible smart contracts to be executed from the Cardano mainnet. Furthermore, the Milkomeda project promises in future to deliver interoperability […]

Cardano’s First Regulatory Compliance Solution Launches, Igniting Hopes for $ADA’s ‘Mass Adoption’

The first analytics/compliance solution for the Cardano network has gone live after the Cardano Foundation, a Swiss-based non-profit foundation that oversees the advancement of the cryptocurrency, selected blockchain analytics firm Confirm to deploy anti-money laundering and combating the financing of terrorism (AML/CFT) analytics on it. According to a press release, the partnership will allow the […]

Cardano ($ADA) Founder Says He Has ‘Waited a Very Long Time for This Day’

Earlier today, Cardano’s $ADA token started trading for the first time ever on a Japanese exchange, which means that the residents of Japan (a country with a population of around 126 million) can invest more easily in $ADA. Sebastien Guillemot, CTO at dcSpark, as well as former Co-VP of Eng. & Cardano PM at EMURGO, […]

Institutional Investors Bet on $SOL and $ADA Investment Products as Crypto Market Recovers

Institutional investors have been betting on Solana ($SOL) and Cardano ($ADA) investment products as the cryptocurrency market recovers and bitcoin moves back toward the $50,000 mark, data shows. According to CoinShares’ latest “Digital Asset Fund Flows Weekly” report, institutional investors moved $7.1 million into Solana investment products over the last week, seemingly reacting to SOL’s recent […]

‘Once $ADA Cracks $5, People Will Magically Start to FOMO In’, Says Crypto Analyst

On Monday (August 23), to as the price of Cardano’s $ADA token broke above the $2.95 level to set a new all-time high, crypto analyst Tai Zen, who believes that $ADA can get as high as $20, said that the “magic” number is $5. According to data by TradingView, on crypto exchange Kraken, the $ADA […]

Cardano ($ADA) ‘Could Potentially Go to $10 at Bull Run Peak’, Says Crypto Analyst

On Thursday (August 19), the crypto analyst who is the host of crypto-focused YouTube channel “Thinking Crypto” said that Cardano $ADA token is flexing “its pump muscles” right now. And flex, it did. According to data from TradingView, on crypto exchange Kraken, around the time the above tweet was posted, $ADA as trading around $2.3468. […]

Crypto Analyst Predicts Massive Cardano ($ADA) Rally Under Key Condition

A popular cryptocurrency analyst has predicted the price of Cardano (ADA) could see a massive rally over the next few months, if the prices of the top two cryptocurrencies bitcoin and ether hit new milestones. In a tweet published to his over 350,000 followers, pseudonymous trader and analyst Kaleo wrote that if BTC and ETH […]

Cardano’s Charles Hoskinson Wins $50,000 Bet on $ADA’s Smart Contracts Rollout

Cardano founder Charles Hoskinson has won a $50,000 bet on whether the cryptocurrency’s network would roll out smart contracts before October 1, as the Alonzo hard fork is expected by next month. The price of Cardano has been surging over the last few months ahead of the implementation of smart contracts on its network. As […]

Cardano ($ADA) Investment Products See $1.3 Million Inflows Ahead of Major Upgrade

Institutional investors appear to have been favoring Cardano (ADA) over other major cryptocurrencies ahead of the cryptocurrency network’s launch of smart contracts through the Alonzo hard fork. According to data from CoinShares, first reported on by Livemint, Cardano investment products saw $1.3 million in inflows, while Bitcoin and Ethereum focused products saw outflows of over […]

Billionaire Investor Praises Cardano Community ($ADA) for Their Passion

Billionaire investor Mike Novogratz has praised the Cardano (ADA) community for their passion, shortly after claiming he did not understand why the cryptocurrency’s market capitalization was so high. Cardano’s price exploded over 1,400% last year and is now trading above $2 according to CryptoCompare data, partly because it’s soon launching an upgrade to its network […]

Cardano Creator Charles Hoskinson Dismisses Criticism of $ADA’s Market Cap

Cardano (ADA) founder Charles Hoskinson has dismissed criticism of the cryptocurrency’s market capitalization after it briefly surpassed Binance Coin (BNB) to become the third-largest cryptocurrency by market capitalization. Cardano’s price exploded over 1,400% last year and is now trading above $2.17 according to available data, partly because it’s soon launching an upgrade to its network […]

40% of Crypto Investors in Singapore Own Cardano ($ADA) According to Recent Survey

According to the results of a recent survey (partly sponsored by crypto exchange Gemini), Cardano’s $ADA token is the third most popular cryptocurrency in Singapore. Gemini’s “State of Crypto in Singapore 2021” report says the purpose of this survey was to find out what investors (both those with and without any crypto holdings) in Singapore […]

Crypto Analyst: Cardano Smart Contracts Are ‘A Very Bullish Catalyst’ for $ADA

On Friday (August 13), popular crypto analyst Lark Davis (@TheCryptoLark on Twitter) explained why he believes that the upcoming launch of the Cardano’s Alonzo hard fork, which provides support for smart contracts, is very bullish for $ADA. The New Zealand based crypto influencer had this to say about the significance of Cardano being finally able […]

Cardano ($ADA) ‘Is Ready To Run to $5’, Says Crypto Analyst

Prominent crypto analyst and trader Michaël van de Poppe, who believes that Cardano’s $ADA token is “strongest coins out there”, recently explains how the $ADA price could hit $5 in the near future. In a video released on his YouTube channel on August 11, he looked at $ADA’s recent price action using technical analysis, and had […]

$ADA Now 3rd Most Valuable Crypto, Analyst Says “Cardano’s Best Days Are Ahead of It”

On Friday (August 13), blockchain technology company IOHK (aka “IOG”), which is developing the Cardano protocol, announced the date for the Alonzo hard fork on the Cardano mainnet. This news has helped $ADA to extend its recent bull run. During Cardano’s “Mid Month Development Update” event on August 13, Nigel Hemsley, Head of Delivery & […]

Cardano ($ADA) Surpasses $2 Ahead of Major Smart Contract Announcement

The price of Cardano’s ADA token has surpassed the $2 mark after surging over 64% in the last 30 days, and 15% in the last 24-hour period ahead of a major smart contract announcement expected from its founder Charles Hoskinson. According to CryptoCompare data, the cryptocurrency is now trading at $2.04 after seeing trading volumes […]

Crypto Analyst: ‘I Prefer Holding More ADA Than ETH for the Next Few Weeks’

Popular pseudonymous analyst and trader “Crypto Capo” (“@CryptoCapo_” on Twitter) says that — based on technical analysis — in the short term he is much more bullish on Cardano ($ADA) than Ethereum ($ETH). He made his bullish comments about Cardano on Tuesday (August 10): He went on to explain — why he currently prefers holding $ADA […]

Cardano ($ADA) Must Hold Key Level to Remain Bullish, Says Veteran Trader Peter Brandt

Veteran cryptocurrency trader Peter Brandt, known in the cryptocurrency space for accurately calling Bitcoin’s 84% decline in 2018, has revealed that a new development in Cardano’s (ADA) chart shows the cryptocurrency nice to hold a key level to remain bullish. In a tweet, Brandt noted that recent advances in the cryptocurrency’s price went a “long […]

Why the Cardano ($ADA) Price Has Surged Over 22% in Past Two Days

On Wednesday (August 11), the price of Cardano’s $ADA reached $1.8879, which is its highest level since May 19. In this article, we explain why Cardano has been on fire in the past two days. According to data from TradingView, at around 15:20 UTC on August 11, on crypto exchange Kraken, the $ADA price reached […]

3 Important Cardano ($ADA) Ledger Changes That the Alonzo Hard Fork Will Bring

Shortly Cardano’s Alonzo Purple testnet went live, IOHK explained what achieving this milestone means and the CTO of blockchain company dcSpark explained how the Cardano ledger is being changed to support smart contracts. The “Alonzo” hard fork will “bring exciting and highly-anticipated new capabilities to Cardano through the integration of Plutus scripts onto the blockchain.” This will […]

Celsius Network Lends Support to Cardano ($ADA)

Cryptocurrency lender Celsius Network is set to add Cardano’s ADA later this month for both borrowing and lending. According to its CEO Alex Mashinsky, users will be able to take out ADA-backed loans on August 19. Mashinsky also revealed on Twitter that users can earn 4.05% on their ADA holdings by lending the cryptocurrency on […]

Cardano Founder Dismisses Technical Analysis Suggesting $ADA’s Price Is Set to Plunge

Cardano (ADA) founder Charles Hoskinson has dismissed technical analysis published by veteran trader Peter Brandt suggesting that the price of ADA could soon plunge after forming a pattern similar to one Litecoin saw in 2018. In an Ask Me Anything (AMA) session, Hoskinson dismissed the technical analysis, suggesting that markets are now too complicated for […]

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