ADA

The founder of Cardano Remains Firm on XRP Criticism Despite Backlash

December 19, 2023 1 min read

Charles Hoskinson, the founder of Cardano, has upheld his critical stance on XRP, asserting that XRP lacks both partnership and technical value. This reaffirmation comes a year after his initial comments and follows persistent harassment from the XRP community spanning two years. When questioned about his viewpoint on XRP, Hoskinson highlighted the ongoing harassment and underscored the absence of technical parallels between Cardano and XRP as the basis for his

Cardano’s Charles Hoskinson Sounds Alarm on AI Scams Flooding YouTube

December 16, 2023 1 min read

Charles Hoskinson, the founder of Cardano, raised a red flag in a recent X (formerly Twitter) post about the increasing prevalence of AI-driven scams on YouTube. As artificial intelligence technology advances, Hoskinson sees a new frontier for fraudulent activities in the crypto space. He specifically pointed to a deep fake video on YouTube featuring himself promoting a fabricated ADA giveaway. Despite its initially convincing appearance, closer examination revealed the video

Cardano’s market cap increases by over $1 billion in 24 hours, reaching $15.5 billion

December 7, 2023 1 min read

Cardano’s native crypto, ADA, experienced a spectacular surge, with its market cap increasing by more than $1 billion in just 24 hours. The latest buying frenzy has propelled ADA to the eighth-largest cryptocurrency by valuation, cementing its position as a key player in the digital asset space. According to the most recent data, ADA’s overall market cap has risen to an impressive $15.5 billion, indicating a significant influx of capital

On-chain data reveals a significant increase in large Cardano (ADA) transactions

December 5, 2023 1 min read

According to a recent on-chain data analysis conducted by renowned crypto analyst Ali, there has been a significant increase in large transactions on the Cardano blockchain over the last three months. This surge in whale activity suggests an increase in institutional interest, which could pave the way for Cardano to reach new price levels. Ali’s analysis of transaction data reveals a consistent increase in ADA transfers exceeding $100,000 since August.

InQubeta (QUBE), Celestia (TIA), Solana (SOL), and Cardano (ADA) Emerge as Whales’ Favorites in Crypto Investments

November 30, 2023 1 min read

According to recent on-chain data, large-scale investors, known as “whales,” are actively engaging with promising crypto projects. Notable projects attracting attention include InQubeta (QUBE), Celestia (TIA), Solana (SOL), and Cardano (ADA), all of which present appealing options for long-term gains. QUBE (InQubeta): InQubeta stands out for its innovative approach to facilitating financial access for AI startups in the cryptocurrency space. InQubeta has captured whale interest, as evidenced by the success

GameStop Memes Surges Past Cardano and Polygon in Crypto Race

November 16, 2023 4 mins read

GameStop Memes (GSM) emerges as a sensational disruptor, redefining the essence of digital assets. This intriguing newcomer has taken the market by storm, raising an eye-popping $2 million in a mere 24 hours of its presale, a feat that sets it apart from established giants like Cardano and Polygon. As we delve into this fascinating crypto landscape, GameStop Memes (GSM) stands as a beacon of potential, promising not just gains

Cardano has seen over $600 million worth of ADA accumulated within the price range of $0.249 to $0.271

November 8, 2023 1 min read

Cardano (ADA) may not be making big price moves, but it’s certainly making waves in the world of cryptocurrency. Recent data from analytics provider IntoTheBlock reveals that over $600 million worth of ADA has been accumulated in the $0.249 to $0.271 price range. This substantial investment activity suggests that major investors are quietly positioning themselves, expecting a potential breakout. Over the past month, the number of addresses holding between 100,000

Cardano’s ADA Loses Ground, Drops 6% Despite Attempted Uptick

October 5, 2023 1 min read

Cardano, the blockchain platform known for its ADA cryptocurrency, has been on a rollercoaster ride lately. It started October with a bang, surging 10% from its low point of $0.24, which had acted as a solid support level for a while. This upward move brought a sense of hope and optimism among ADA holders, who were eagerly eyeing the $0.3 mark. However, Cardano’s recent price action tells a different story.

Cardano’s Price Skyrockets 23.9% on Positive XRP Ruling, Investors Bullish on Future Gains

July 16, 2023 2 mins read

Cardano, a leading cryptocurrency, experienced a remarkable price surge, jumping 23.9% on July 13. The significant rally has piqued investor interest, prompting discussions about Cardano’s potential for further gains and whether it can break the $0.40 mark. This surge closely followed a favorable judicial decision related to XRP, which has positively impacted other cryptocurrencies, including Cardano’s ADA. Cardano’s bullish momentum is supported by three key factors. Firstly, its potential to

Revolut Withdraws Support for Cardano, Polygon, and Solana in US Market

June 30, 2023 1 min read

In a recent email sent to its U.S.-based users on June 28, the prominent U.K. fintech firm Revolut dropped a bombshell announcement: it is discontinuing support for three major cryptocurrencies. Cardano (ADA), Polygon (MATIC), and Solana (SOL) will no longer be available for purchase through the Revolut app, effective immediately. Furthermore, Revolut plans to take things a step further in the future. At an unspecified date, users will no longer

Charles Hoskinson Defends Cardano Against FUD

June 29, 2023 1 min read

Charles Hoskinson, the founder of Cardano, recently took to Twitter to defend the cryptocurrency against claims questioning its institutional interest and the health of its DeFi sector. Hoskinson emphasized the ecosystem’s significant growth and commitment to decentralization, urging people to focus on the signal amidst the noise. Hoskinson’s response was prompted by a tweet from a Cardano proponent, Chris O, who highlighted claims made on a popular YouTube channel regarding

ADA Adoption Skyrockets in the U.S., Driving Cardano’s Ecosystem

June 25, 2023 2 mins read

Despite recent regulatory obstacles, Cardano’s ADA cryptocurrency has experienced remarkable adoption and growth in the United States. The unique staking capabilities of Cardano, along with its commitment to decentralization, have attracted a rapidly increasing number of users seeking to benefit from their ADA holdings. Additionally, the launch of “Project Catalyst” by Cardano developer Input Output Global (IOG) further strengthens the network’s development and growth prospects. According to data from crypto