Cardano

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 […]

New Crypto Startup Explains Why It Chose to Build on Cardano ($ADA)

On Monday (August 2), blockchain company dcSpark explained what were the factors that influenced its decision to build software products on Cardano, one of the “most promising crypto projects in the space.” So, what does dcSpark do? Well, according to its development team, the main goals are to: “Extend Blockchain Protocol Layers” “Implement First-Class Ecosystem […]

Cardano ($ADA) Is Finally Getting Listed in Japan

Earlier today, Sebastien Guillemot, CTO at dcSpark, as well as former Co-VP of Eng. & Cardano PM at EMURGO, said that $ADA has finally been approved for listing on a Japanese crypto exchange and explained why this is a big deal. According to Guillemot, it is not easy for cryptoassets to gain regulatory approval for […]

Cardano ($ADA) Will Run Smart Contracts Right After the Hard Fork, Charles Hoskinson Confirms

Cardano (ADA) founder Charles Hoskinson has confirmed that after the Alonzo hard fork smart contracts will be available on the cryptocurrency’s network, and added that with time the infrastructure on Cardano will only get better During a live-streamed update, Hoskinson clarified there are two parallel tracks leading up to the hard fork: the combinator event […]

Cardano’s First Decentralized Exchange Raises $1.5 Million Ahead of Q3 Launch

The first decentralized exchange set to launch on the Cardano ($ADA) network, Cardax, has raised $1.5 million from its first community sale, ahead of the trading platform’s launch in the third quarter of the year, when smart contracts are available on Cardano. According to a statement from Cardax, the exchange will operate on the Extended […]

Cardano ($ADA) Wallet Launches Connector to Help Users Interact With Decentralized Applications

Cardano ($ADA) wallet Yoroi is launching a decentralized application connector that will make it easier for users to interact with smart contracts and these applications once they go live on the Cardano network. According to a blog post published by EMURGO, one of the founding entities of Cardano and the developer of the wallet, Cardano’s […]

Cardano ($ADA) Could Help Form ‘Big Three’ of Mainstream Cryptos: Morningstar Analyst

Amy Arnott, a portfolio strategist at Morningstar that focuses on cryptocurrencies, has revealed she believes Cardano (ADA) could become one of the largest three cryptocurrencies by market capitalization and go mainstream, along with Bitcoin and Ethereum. Speaking to Business Insider, Arnott backed the cryptocurrency created by Ethereum co-founder Charles Hoskinson, saying it is a promising […]

Cardano ($ADA) to Become Compatible with with Browsers via New Upgrade

The Cardano (ADA) network is set to become browser and mobile-compatible in the near future thanks to a new upgrade being worked on by the team behind the project. The upgrade will allow running the Plutus application backend in Javascript, the most widely-used programming language on the web. In a brief update published by Cardano […]

Cardano ($ADA) Native Assets Will Soon Be Supported on Crypto Exchange Bitrue

On Monday (July 19), Singapore-headquartered cryptocurrency exchange Bitrue announced that before the end of this month it intends to become the first exchange to offer support for native assets on the Cardano blockchain. Unlike with Ethereum, which requires smart contracts (i.e. custom code) for creation of user-defined tokens, Cardani offers native support for user-defined tokens. This support […]

Cardano: 14-Year-Old Asks for $ADA Allowance, Nami Wallet, ADA/BTC Price Action

This article looks at the latest news regarding Cardano and its ecosystem as of 13 July 2021. Yesterday, the operator of the NEO stake pool (which was launched in mid April and is based in the Netherlands) revealed that their 14 year old son had written a note requesting that his allowance be paid in […]

U.S. Lawyer on Chances of the U.S. SEC Going After $ADA, $DOGE, $DOT, and $UNI

An American lawyer who has been closely following the lawsuit brought by the U.S. Securities and Exchange Commission (SEC) against Ripple Labs over the sale of XRP tokens has weighed in on the fate of several other altcoins.  In a recent YouTube video, Jeremy Hogan, a partner at the law firm Hogan & Hogan, shared his […]

Charles Hoskinson on the Current Status of Cardano ($ADA) and the Alonzo Upgrade

On Wednesday (July 7), Charles Hoskinson, Co-Founder and CEO of IOHK (the blockchain company developing the software that runs the Cardano network), gave an update on the current status of Cardano in general and the Alonzo upgrade in particular. Here are the main highlights of what Hoskinson said about Cardano in a video released on his YouTube […]

Cardano ($ADA) Overtakes Bitcoin as the Most-Held Cryptocurrency on eToro: Report

Cardano (ADA) has overtaken the flagship cryptocurrency Bitcoin as the most-held cryptocurrency on the popular eToro trading platform during the second quarter of the year after seeing a 51% rise compared to the previous quarter. Bitcoin, meanwhile, saw demand for it move up 42% during the same period according to CityAM. Simon Peters, a crypto […]

Cardano (ADA) Founder Charles Hoskinson Says Network Has ‘Thousands of Assets’

Cardano (ADA) founder Charles Hoskinson has said there are “thousands of assets” on the Cardano network in response to criticism surrounding activity on the cryptocurrency. The criticism came in response to a prediction Hoskinson made in July of last year, in which he said that in a year Cardano would have “hundreds of assets” running […]

Cardano ($ADA) Powered IDO Launchpad Secures Funding From VC Firm Vendetta Capital

Recently, blockchain and crypto focused venture capital (VC) firm Vendetta Capital announced that it had invested in Vent Finance, which is developing Ventup, a Cardano-powered Initial DEX Offering (IDO) platform called Ventup. An IDO is what happens when “a new project launches a new token through a decentralised liquidity exchange.” Venup is launching on Ethereum […]

Grayscale Adds Cardano to Digital Large Cap Fund After $ADA’s Over 1,000% Gain

Cryptocurrency asset manager Grayscale Investments has rebalanced its Digital Large Cap Fund (GDLC) to add a new Cardano (ADA) component to the fund, allowing investors to also gain exposure to the cryptocurrency, which moved up over 1,000% in the last 12 months. According to Grayscale, the fund’s portfolio sold “certain amounts of the existing Fund […]

$30 Billion: Cardano ($ADA) Has Over 70% of Supply Staked Ahead of Major Upgrade

Cardano, the fifth-largest cryptocurrency network by market capitalization, now has over 70% of its circulating supply staked ahead of a major upgrade that will bring smart contracts to its network, allowing decentralized finance applications to be deployed on it. According to data from PoolTool, first spotted by Cointelegraph, 71.66% of ADA’s circulating supply is now […]

Cardano ($ADA) Launches on the Nexo Platform

On Wednesday (June 30), the Cardano Community finally got the news that it had impatiently been waiting for: Cardano ($ADA) has been integrated with the financial services of crypto startup Nexo, which is one of the largest providers of crypto-backed loans. Nexo lets you: buy crypto using fiat currency (USD, EUR, or GBP) earn interest […]

Popular Crypto Analyst Drops All His Ethereum in Favor of Cardano ($ADA)

A pseudonymous cryptocurrency analyst has revealed he is selling the remainder of his Ethereum holdings in order to buy more of Cardano’s ADA, as he believes the latter will outperform the second-largest cryptocurrency by market capitalization. In a series of tweets the trader, known as Capo, told his over 135,000 followers that looking at the […]

Crypto Analyst: Cardano Remains ‘One of the Main Racehorses’ of This Market Cycle

On Thursday (June 24), crypto analyst Benjamin Cowen commented on $ADA’s impressive price action during the current downtrend in the crypto bull market. In a video released on his popular YouTube channel, Cowen said that $ADA is one of the “main racehorses” this market cycle despite falling nearly 50% in value over the past month.  […]

Could Charles Hoskinson Help El Salvador to Adopt Cardano?

Recently, Charles Hoskinson, Co-Founder and CEO of IOHK, the technology company“contracted to design, build, and maintain the Cardano platform”, talked about his talks with the government of El Salvador, the central American nation that on June 9 passed a law that makes Bitcoin legal tender. In a video released on his YouTube channel on June 21, the Cardano […]

Charles Hoskinson Explains Advantages of Cardano ($ADA) Over Polkadot ($DOT)

Recently, Charles Hoskinson, Co-Founder and CEO of IOHK, explained the key differences between Cardano ($ADA) and competing smart contract platform Polkadot ($DOT).  Hoskinson’s comments about Dogecoin were delivered during a conversation with MIT AI Researcher Lex Fridman on episode #192 of the “Lex Fridman Podcast“, which was released on June 16. As reported by The Daily HODL, Hoskinson said: […]

Charles Hoskinson Highlights Key Areas Where Cardano Wins Against Ethereum

Cardano creator Charles Hoskinson has revealed he sees several differences between Cardano and Ethereum and that these differences mean Ethereum 2.0 is not going to be stopping the momentum Cardano’s ADA picked up over the last few months. During an interview with Yahoo Finance, Hoskinson, who heads Input Output Hong Kong (IOHK), revealed that he […]

Cardano Founder: ‘Nine Times out of Ten Ethereum Is Going to Win the Fight Against Bitcoin’

IOHK CEO and Cardano founder Charles Hoskinson has revealed he believes bitcoin is at a significant disadvantage to the rest of the cryptocurrency space because of its slow speed, and could fall behind other projects using Proof-of-Stake (PoS) consensus algorithms. While speaking with computer scientist Lex Fridman, the Ethereum co-founder argued that blockchains using a […]

Tesla Should Accept $ADA Payments, Says Cardano Founder Charles Hoskinson

The founder of Cardano, Charles Hoskinson, has revealed he believes Tesla (NASDAQ: TSLA) should start accepting ADA payments, as it is one of the greenest cryptocurrencies on the space, if it cares about environmental sustainability. In an interview with Lex Fridman, first reported on by CryptoPotato, Hoskinson highlighted several benefits of the cryptocurrency. Cardano’s ADA […]

Crypto Analyst Says Cardano ($ADA) Price ‘Very Likely’ To Go Over $10 in 2021

Popular pseudo-anonymous analyst and trader “Crypto Capo” (“@CryptoCapo_” on Twitter) says that the price of Cardano ($ADA) is “very likely” to go over $10 this year. Last Sunday (June 13), he said that it is still “very likely” for Bitcoin, Ethereum, and Cardano to go over $100K, $10K, and $10 respectively by the end of the […]

Social Sentiment for $XRP, Cardano’s $ADA, and Other Large-Cap Altcoins Flashes Buy Signal

Social sentiment data for XRP, Cardano’s ADA, Ethereum, and Polkadot (DOT) has started flashing a buy signal, according to cryptocurrency insights firm Santiment. In a tweet, the firm revealed that cryptocurrency traders have, on social media, started taking a bearish stance on these four altcoins, at a time in which the price of bitcoin started […]

IOHK Launches Alonzo Blue 2.0 Testnet on Cardano ($ADA) Network

One of the companies behind the Cardano (ADA) blockchain, Input Output Hong Kong (IOHK), has announced the launch of Alonzo Blue 2.0’s testnet for the cryptocurrency’s blockchain, in another step forward to bringing smart contracts to Cardano. In a tweet, IOHK detailed this is an important milestone as even though it’s “still early code” it’s […]

Ethereum ($ETH) Inventor Vitalik Buterin: ‘Very Interesting Things’ Coming Out of Cardano ($ADA)

Recently, Vitalik Buterin, the author of the Ethereum white paper, talked about Cardano during a conversation with MIT AI Researcher Lex Fridman. The Russian-Canadian programmer’s comments about Cardano were made during episode #188 of the “Lex Fridman Podcast“. Buterin acknowledged that there were “interesting ideas” coming out of work being done on rival smart contract platform Cardano by […]

Popular Analyst Points to Key Levels Cardano (ADA) Must Hold to Maintain Bullish Trend

Popular cryptocurrency analyst Michaël van de Poppe has published a new video in which he looks at key levels Cardano (ADA) must hold in order to maintain its bullish trend and keep making higher highs. In the video published to his over 100,000 subscribers on YouTube, first spotted by Daily Hodl, van de Poppe looks […]

Billionaire Mike Novogratz Allegedly Thinks Cardano ($ADA) Is a ‘Weird Cult’

According to Zack Guzman, senior writer and anchor at Yahoo Finance, billionaire Mike Novogratz had some negative things to say about Cardano during a recent conversation he had with the Founder and CEO of Galaxy Digital. Guzman said on Saturday (June 12) that Novogratz said that he was shocked by Cardano’s valuation and called it a […]

$ETH, $XRP, and $ADA Investment Products Saw Highest Inflows for Week Ending June 4

The most recent report (released on June 7) from CoinShares, Europe’s largest digital asset investment firm, although there has been a turn in investment sentiment since May, investment products for Ethereum, XRP, and Cardano are still seeing net inflows. The report said: “Digital asset investment products saw outflows totalling US$94m last week. Sentiment last week […]

“Cardano’s ‘Green’ Blockchain Technology Leads the Industry,” Says EMURGO

On June 10, blockchain technology company EMURGO explained how the Proof-of-Stake (Pos) consensus used by Cardano ($ADA) provides a “more energy-efficient alternative for users and enterprises” than the Proof-of-Work (PoW) consensus used most notably by Bitcoin. In its blog post, EMURGO, which has developed Yoroi wallet for Cardano, started by pointing out how energy-hungry Bitcoin’s PoW […]

Popular Crypto Analyst Weighs in on Cardano (ADA), Enjin (ENJ) and Four Other Altcoins

Popular cryptocurrency trader and analyst Michaël van de Poppe has weighed in on the future potential for six altcoins to appreciate, with one of them being Cardano’s ADA token which has surged nearly 1,700% over the last 12 months. Over a series of tweets, the analyst gave his over 335,000 followers an overview of his thoughts […]

NBC News Calls Cardano ‘Most Significant Proof of Stake Cryptocurrency on the Market’

Recently, NBC News, the news division of the American broadcast television network NBC, called Cardano “currently the most significant proof of stake cryptocurrency on the market” in a report about energy consumption of cryptocurrencies. In this report, which was titled “Cryptocurrency goes green: Could ‘proof of stake’ offer a solution to energy concerns?”, Ezra Kaplan, […]

Professor Kiayias: ‘Cardano Is Unique Because It Was Built With Interoperability in Mind’

Recently, Professor Aggelos Kiayias, Chief Scientist at blockchain technology company IOHK, talked about blockchain interoperability, energy consumption, and security, in particular discussing Bitcoin, Dogecoin, Cardano, and quantum cryptography. Professor Kiayias’ comments were made during an interview with “Cyber Protection Magazine” (a publication that discusses cyber security “in terms the C-suite and business leaders can understand”), which […]

Cardano: Crypto Analyst Says He Is So Bullish on It That He Has Bought 1 Million $ADA

Last weekend, Crypto analyst and influencer Ben Armstrong, who is the host of YouTube channel “BitBoy Crypto”, talked about about Cardano ($ADA) in a video for his super popular YouTube channel. Armstrong had this to say about Cardano: “Their roadmap is painstakingly mapped out to capture any corner cases keep the bugs to a minimum. Even on their […]

Crypto Analyst Explains How Cardano ($ADA) Price Could Get to $5

Cryptocurrency trader and analyst Michaël van de Poppe says he believes the price of Cardano (ADA) has the potential to surge to the $5 mark based on technical analysis. The analyst’s words came in a recently published video, first spotted by Daily Hodl, in which he said the price of the fourth-largest cryptocurrency by market […]

$ADA and $MATIC: Crypto Analyst Explains Why He Is Expecting Huge Gains in June

Earlier today (June 1), popular New Zealand-based crypto analyst Lark Davis (@TheCryptoLark on Twitter), talked about five altcoins that he expects to do very well this month and the reasons for his bullishness. The five crypto projects that Davis discussed in a video released on his YouTube channel were Cardano ($ADA), Polygon ($MATIC), Theta Network ($THETA), […]

Cardano: Crypto Analyst Says $ADA Is His ‘Racehorse’ for ‘This Market Cycle’

On Sunday (May 30), popular crypto analyst Benjamin Cowen commented on $ADA’s impressive price action during the current downtrend in the crypto bull market. Cowen Tweeted: According to data by TradingView, currently (as of 08:45 UTC on May 31), on crypto exchange Kraken, $ADA is trading around $1.6187, down 0.39% in the past 24-hour period. […]

Crypto Analyst Says ‘We Could Be In for a Bit of a Cardano Summer’

Recently, popular New Zealand-based crypto analyst Lark Davis (@TheCryptoLark on Twitter) talked about why he is super bullish on Cardano ($ADA). His comments were made in a video released on his YouTube channel on May 26. Below are a few highlights: “I think that we could be in for a bit of a Cardano Summer, so […]

Cardano ($ADA) HODLers Excited As Testnet for ‘Alonzo Blue’ Gets Gets Ready For Launch

One of the companies behind the Cardano (ADA) blockchain, Input Output Hong Kong, has announced it launched a test for Cardan’s Alonzo upgrade, which will bring smart contracts to the network and allow it to host decentralized finance applications. As TheStreet reports, The Alonzo hard fork is the network’s next step in a series of […]

Cardano ($ADA) Investment Products Had Highest Weekly Inflows, Says CoinShares

Cardano (ADA) investment products have seen the highest weekly inflows among cryptocurrency investment products, according to a report published by CoinShares. The report reveals that inflows into ADA investment products were $10 million for the week ending on Monday, more than any other cryptocurrency fund. Bitcoin funds saw outflows of $110.9 million, while ETH funds […]

Crypto Analyst Explains $ADA and $MATIC Could Explode Over Next Few Weeks

The host of popular crypto YouTube channel Altcoin Daily has named seven cryptoassets he believes could surge in June based on various factors. The host, Aaron Arnold, kicked off the list with Cardano (ADA) ahead of its smart contract functionality deployment. In a video published to the channel’s over 800,000 subscribers, Arnold pointed out that […]

Cardano ($ADA): What To Expect From Smart Contract Rollout During Next 3 Months

Recently, Charles Hoskinson, Co-Founder and CEO of IOHK, gave an overview on the work being done now — and that being done over the next three months — that will lead to the launch of smart contract functionality on Cardano’s mainnet. Before we talk about the key takeaways from Hoskinson’s latest update on Cardano, which came in […]

Charles Hoskinson Explains What Makes Cardano ($ADA) Better Than Its Competitors

On Wednesday (May 26), Charles Hoskinson, Co-Founder and CEO of IOHK, explained what makes Cardano ($ADA) stand out among blockchain platforms (including Ethereum and its many challengers). His comments were made during an interview with Yahoo Finance’s Akiko Fujita and Zack Guzman. When asked by Guzman what is about Cardano that makes it better than other blockchain […]

Cardano (ADA) Hits 1 Million Wallet Milestone Ahead of Smart Contract Implementation

The Cardano (ADA) network has hit a new milestone, as one million wallets have now been created on it. The milestone was reached at a time in which thousands of new wallets are being created every day as presumably more users join the network. The update was shared by the Cardano Community Twitter account, which […]

Cardano (ADA) Creator: ‘You Guys Can’t Get 900% Gains Without Expecting Some Pullbacks’

Cardano (ADA) creator Charles Hoskinson has revealed in an ask me anything (AMA) session that he is now a cryptocurrency billionaire, even after the cryptocurrency market crash that saw the prices of some cryptoassets drop by as much as 40% and commented on the drop. In the AMA session, first reported by Daily Hodl, Hoskinson […]

Cardano: Crypto Analyst Says He Can See $ADA Price Reaching $40 in the Long Term

On Wednesday (May 19), popular pseudo-anonymous analyst and trader “Crypto Capo” (“@CryptoCapo_” on Twitter) offered his long term price prediction for Cardano ($ADA). This is not the first time Crypto Capo has been bullish on Cardano’s ADA token. Back in March, his technical analysis of Cardano’s price action led him to conclude that Cardano could […]

World-Renowned Fitness Expert Reveals She Has Invested in Cardano ($ADA) and Dogecoin ($DOGE)

Jillian Michaels, who is one of the world’s leading fitness experts, has revealed that she has invested a large amount of money in Cardano’s ADA token, as well as a smaller amount in Dogecoin ($ADA). Michaels is “an American personal trainer, businesswoman, author and television personality from Los Angeles, California,” who is “best known for her appearances […]

Crypto Analyst Looks at Price Action of $ADA, $ETH, $LINK, $DOT, and $AVAX

Popular crypto trader and analyst Benjamin Cowen has given a prediction for Cardano’s next price movement, in addition to four surging altcoins.

Charles Hoskinson Explains To Mark Cuban Advantages of Cardano Over Ethereum

On Saturday (May 15), Charles Hoskinson, Co-Founder and CEO of IOHK, said Cardano’s slower, more thoughtful, academic approach to blockchain development mean that Cardano will be better than Ethereum for both app developers and users. Hoskinson took to YouTube to explain to Cuban (and others) in a video what are some of the some of […]

Cardano ($ADA) Powered Decentralized Apps Have Potential for ‘Parabolic Gains’

Recently, popular crypto analyst Elliot Wainman shared his latest thoughts on Cardano ($ADA) and its ecosystem. In a recent YouTube video (titled “CARDANO ECOSYSTEM IS ABOUT TO MAKE HOLDERS THE BEST GAINS”), Wainman talked to viewers about the huge potential of Cardano-powered decentralized apps (DApps) once support for smart contracts goes live. According to a […]

Bullish on Cardano: Popular Crypto Trader to Sell Most of His ETH for ADA

Widely followed cryptocurrency trader Capo has announced he is selling 75% of his Ethereum holdings for Cardano’s ADA, seemingly expecting the cryptocurrency to outperform the market in the near future. Capo’s announcement came days after he revealed he was looking at several cryptocurrencies, including Binance’s BNB, smart contract competitor Solana, ADA, automated market maker Balancer, […]

Energy-Efficient Cardano ($ADA) Surges To Break Above $1.87 and Set New ATH

On Thursday (May 13), just one day after Tesla CEO Elon Musk caused a small crash in the crypto market with his announcement about Bitcoin, the price of Cardano’s $ADA token hit a new all-time high. Data by TradingView indicates that at 12:12 UTC on May 13, on crypto exchange Kraken, the Cardano price hit […]

Crypto Analyst Benjamin Cowen Expects Cardano ($ADA) Price To ‘Go Much Higher’

On May 7, crypto analyst Benjamin Cowen shared his thoughts on Cardano ($ETH). Cowen made his comments about Cardano during an interview with Austin Arnold and Aaron Arnold, the co-founders and hosts of the “Altcoin Daily” YouTube channel. Here are a few highlights from his reamrks about Cardano: “If an altcoin can’t outperform Bitcoin, then […]

Crypto Analyst Calls $ADA-$BTC Price Action ‘Beautiful’, Says Cardano Can Reach $5

On Friday (May 7), the Cardano ($ADA) price broke the $1.74 level for the first time ever. Data by TradingView indicates that at 13:07 UTC on May 7, on crypto exchange Kraken, ADA-USD hit $1.7480, setting a new all-time high. Currently (as of 17:52 UTC on May 7), Cardano’s $ADA token is trading around $1.6885, […]

Cardano Staking Goes Live on Kraken, $ADA Breaks $1.53, Analyst Says $5 Is Possible

On Thursday (May 6), the Cardano ($ADA) price broke $1.53 for the first time in over three weeks. Data by TradingView indicates that on crypto exchange Kraken at around 04:33 UTC the $ADA price went above the $1.53 level for the first time since April 14 (when it got as as $1.5583, which is the […]

Cardano ($ADA) in Numbers: 29 April 2021 Update

This article gives an update (as of 08:15 UTC on 29 April 2021) on various metrics related to Cardano and its $ADA token. Market Data by CryptoCompare According to data by CryptoCompare, $ADA, which is the 6th most valuable cryptoasset by market cap, and is trading around $1.383, up 9.07% in the past 24-hour period. […]

Cardano ($ADA) Helping Ethiopia With ‘The World’s Largest Blockchain Deployment’

On Tuesday (April 27), blockchain research and development firm Input Output Global (IOG) — formerly known as IOHK — announced a partnership with the government of Ethiopia. Although the full details of this partnership are due to be announced on Thursday (April 29), IOG said in a Twitter thread posted earlier today that it could […]

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