Cardano

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 Expert Responds to FUD and Clears Up Misconceptions Regarding Midnight Sidechain

October 28, 2023 1 min read

Cardano, the blockchain project led by Charles Hoskinson, has been dealing with persistent concerns and doubts from the crypto community, primarily related to its Midnight project. Midnight is focused on privacy-oriented sidechains, and even though Charles Hoskinson has offered insights into their potential impact, questions and concerns still linger. The key issues revolve around the launch of Midnight’s native coin, DUST, and the identity of the partners working with Input

Cardano Community Responds to Transactions Per Second (TPS) Critique

October 7, 2023 2 mins read

In the dynamic world of blockchain technology, Cardano has been actively striving to enhance its network by introducing innovative protocols. Among them, the Input Endorsers protocol has garnered significant attention due to its potential to greatly boost the network’s transaction processing speed. However, a recent dispute between a respected crypto researcher and the Cardano community has ignited debates about the network’s true capabilities. Renowned crypto researcher Justin Bons recently turned

Project Catalyst Unveils Innovative Testnet Rollout to Fuel Cardano Ecosystem Evolution

August 3, 2023 2 mins read

Project Catalyst, renowned globally as a pioneering decentralized grant fund and a driving force behind the Cardano ecosystem’s innovation, has taken a monumental step by introducing a groundbreaking solution to reshape its capabilities and performance. With a focus on bolstering stability and creating an optimal environment for collaboration and exploration, the fund is set to operate multiple testnet instances alongside its mainnet, ushering in a new era of development. As

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

Cardano Network Activity Signals Potential Breakout as ADA Price Remains Oversold

July 12, 2023 2 mins read

Cardano’s native token, ADA, has faced significant setbacks in recent months due to regulatory scrutiny from the United States Securities and Exchange Commission (SEC). However, the network’s DeFi ecosystem has continued to flourish, providing a glimmer of hope for ADA bulls. Hydra Upgrade Boosts DeFi Activity In May 2023, Cardano launched the Hydra upgrade, a layer-2 scaling solution that has significantly improved the network’s throughput and scalability. This upgrade has

Bullish Confirmation for Cardano (ADA) Amid Market Recovery, Crypto Analyst Predicts

July 6, 2023 2 mins read

In a recent series of tweets, crypto analyst Dan Gambardello shares his optimistic outlook for Cardano (ADA), predicting a potential bullish confirmation in the near future. Gambardello’s technical analysis suggests that ADA’s price could break above a key resistance channel, signaling a positive trend for the altcoin. Gambardello acknowledges the impact of recent SEC lawsuits against major exchanges but emphasizes that ADA has more ground to recover compared to other

Cardano Founder Charles Hoskinson Takes Break from Twitter Amid Rate Limit Controversy

July 2, 2023 1 min read

Cardano founder Charles Hoskinson recently announced on Twitter that he would be stepping back from the social media platform for a brief hiatus. This decision comes in the midst of an ongoing controversy surrounding Twitter’s implementation of reading limits on its users. Twitter, led by CEO Elon Musk, introduced these restrictions as a response to combat “extreme levels” of data scraping and system manipulation. However, the move has faced significant

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

Cardano Price Projections by Finance Experts for 2023: What to Expect

June 15, 2023 1 min read

Following Robinhood’s announcement of delisting Cardano (ADA), the cryptocurrency experienced a significant crash, alongside other major digital assets. The crypto market has been grappling with regulatory actions and increased volatility, leaving investors uncertain about the future. In this article, leading finance experts provide insights into Cardano’s price trajectory by the end of 2023, considering regulatory developments, ongoing legal proceedings, and technological advancements. Sebastian Purcell, CEO of 1.2 Capital Management Sebastian

Cardano (ADA) Plunges by 25% in 24 Hours as Crypto Market Liquidations Near $450 Million

June 10, 2023 1 min read

The cryptocurrency market is in turmoil, with Cardano (ADA) and other altcoins plummeting in value. ADA has lost over 24% of its value in the past 24 hours, and the broader altcoin market is also trading in the red. The recent lawsuit filed by the SEC against Coinbase and Binance US has sent shockwaves through the cryptocurrency market. The agency alleges that numerous altcoins, including Cardano (ADA), meet the criteria

Cardano Foundation Responds Strongly to SEC’s Classification of ADA as a Security

June 8, 2023 2 mins read

The Cardano Foundation has expressed its disagreement with the SEC’s classification of Cardano (ADA) as a security. The CEO of the Cardano Foundation, Frederik Gregaard, emphasized the need for regulatory clarity and expressed the organization’s commitment to engaging with regulators and policymakers. The SEC’s stance on classifying cryptocurrencies as securities, excluding Bitcoin, has been a contentious issue, as seen in the ongoing legal battle between the SEC and Ripple. Cardano