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 […]
Can Cardano Avoid the $0.2 Dropping Point? Monitoring Critical Indicators
In the past two weeks, Cardano surged from $0.3 to $0.36. A long bottom wick on last week’s candle shows that bulls pushed the price higher. However, despite these gains, ADA still faces the risk of a drop to $0.2. Macro technical analysis points to a potential downturn. Can bulls avert this decline? Increased TPS […]
Charles Hoskinson Denounces Claims of Locked ADA Staking in Crypto Debate
Charles Hoskinson has voiced his frustration over what he describes as an “epic” rise in misinformation about ADA. A rumor falsely claims that Cardano’s large market cap stems from investors being unable to sell their ADA due to being locked in staking pools. This claim emerged during a podcast featuring crypto commentators InvestAnswers, CTO Larsson, […]
Is Cardano (ADA) Ready to Rally? Active Addresses Hit 52,000!
Cardano (ADA) has seen a surge in daily active addresses, reaching a 5-month peak of 52,000. This rise in activity suggests more users are engaging with the blockchain, which often signals growing interest and adoption. A higher number of active addresses usually leads to price rallies as demand for the network increases. Crypto analyst Collin […]
Charles Hoskinson Praises Cardano’s Chang Hard Fork as a Major Milestone
Charles Hoskinson has lauded the Cardano blockchain’s advancements following the recent Chang hard fork. This update, which incorporated onchain governance, marks a significant milestone for Cardano. Hoskinson believes that these achievements make Cardano’s progress dwarf Bitcoin’s accomplishments. Impact of the Chang Update In a social media post, Hoskinson reflected on the journey of Cardano and […]
Cardano Founder Outlines Post-Chang Upgrade Roadmap
Charles Hoskinson, the founder of Cardano, has outlined the network’s future direction following the recent Chang hard fork. This announcement comes a day after he declared Cardano an independent blockchain. In a video posted on X, Hoskinson shared that Cardano has entered the bootstrap phase. This phase marks the beginning of the new governance structure […]