Will Cardano (ADA) Recover from Its Recent 18% Price Decline?
Cardano (ADA) has recently experienced a significant price drop, sparking widespread discussions within its community. Over the past three months, ADA has plummeted nearly 18%, leaving many investors alarmed. They have described the ongoing price action as brutal, as the cryptocurrency struggles to maintain key support levels. Failure to Hold Major Support Levels One primary […]
Can Cardano Rebound After 11% Price Crash? Investors Eye $1 Billion Profit
Cardano (ADA) recently faced a sharp price decline, dropping 11% within 48 hours to around $0.35. For the second time in a month, the altcoin failed to close above $0.40. Despite the decline, Cardano still holds potential for recovery, offering both traders and long-term investors an opportunity to regain profits. Cardano Eyes a Profitable Comeback […]
Charles Hoskinson Applauds Midnight Testnet Rollout: A New Era for Secure dApps
Charles Hoskinson, the founder of Cardano, expressed pride in the launch of the public testnet for Cardano’s sidechain, Midnight. The Midnight team made the announcement on Tuesday, officially opening the platform for developers worldwide to start building decentralized applications (dApps). Hoskinson highlighted the significance of this milestone, stating, “It’s worth giving some love their way.” […]
Cardano’s 7th Anniversary: Driving Blockchain Growth and Innovation
Cardano has marked its seventh anniversary, with Input Output Global (IOG), its developer, celebrating the occasion on X (formerly Twitter). In a post, IOG wrote: “Happy birthday, Cardano. 7 years. Millions of transactions. Over a thousand projects. One unstoppable community.” The tweet featured a short video highlighting Cardano’s key milestones and progress since its inception. […]
Charles Hoskinson Labels Ethereum a Dictatorship Led by Buterin
Cardano founder Charles Hoskinson has accused Ethereum of operating like a dictatorship, with Vitalik Buterin controlling its decisions. In a recent interview at the Token2049 conference in Singapore, Hoskinson criticized the Ethereum network, claiming it heavily relies on its co-founder, Buterin, which undermines its claims of decentralization. Buterin’s Influence Over Ethereum Criticized Hoskinson argued that […]
Can Cardano Break $1 Again? History and Whale Activity Suggest It Could
Cardano’s (ADA) price has struggled since March 2024, shedding nearly 66%. However, recent market developments suggest that a turnaround may be underway, especially with Bitcoin’s price rally sparking optimism for the Ethereum-killer. Cardano’s Q4 2023 Rally: Will It Happen Again? In the last three months of 2023, Cardano experienced an impressive rally, surging nearly 170%. […]
Charles Hoskinson Advocates for ADA Token Listing on Major Exchange Gemini
Charles Hoskinson, the founder of Cardano, has urged the Gemini exchange to list the ADA token. Hoskinson made this appeal in a lighthearted way during the Token2049 conference in Singapore. This annual event gathers crypto industry leaders to explore innovative ideas. At the conference, Hoskinson visited Gemini’s booth and used the opportunity to remind them […]
Cardano Founder Responds to Accusations Amid 34% Price Drop
Cardano (ADA) has faced significant negative attention due to a sharp 34% decline in its price over the past four months. This price drop has prompted various reactions within the ecosystem, with some attributing the downturn to recent developments within it. Accusations Against Charles Hoskinson An accusation emerged, suggesting that the APE Society—a prominent NFT […]
Can Cardano Survive Potential $1.9 Billion Selling Pressure?
Cardano (ADA) struggles to regain its footing after losses in late July. The altcoin has repeatedly failed to break the $0.39 resistance level. This ongoing price action creates a challenging environment for investors, leading to potential bearish trends in the broader market. Short-Term Investors Hold Significant ADA Currently, short-term holders possess around 5.7 billion ADA, […]
Charles Hoskinson Highlights Leios Protocol as the Future of Cardano’s Blockchain
The Cardano community recently debated how to allocate a monthly budget of 20 million ADA. The poll presented two key proposals: one advocating for the development of a Rust node, requiring 11 million ADA, and another suggesting the implementation of the Leios protocol, which would need 12 million ADA. Cardano’s founder, Charles Hoskinson, actively participated […]