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Cardano

After a disagreement with Ethereum co-founder Vitalik Buterin, Hoskinson ventured out on his own to create a blockchain improving on issues including scalability and interoperability. Unlike Bitcoin and Ethereum, Cardano is a proof-of-stake blockchain platform, which many consider to be a more sustainable and energy-friendly alternative to proof-of-work.

Cardano was founded by Charles Hoskinson, the co-founder of Ethereum. Development of the blockchain platform began in 2015 and was launched in 2017. 

After a disagreement with Ethereum co-founder Vitalik Buterin, Hoskinson ventured out on his own to create a blockchain improving on issues including scalability and interoperability. 

Unlike Bitcoin and Ethereum, Cardano is a proof-of-stake blockchain platform, which many consider to be a more sustainable and energy-friendly alternative to proof-of-work.

Cardano has a supply cap of 45 billion ADA. There are currently 32 billion ADA in circulation. ADA is the native token used on the Cardano network. 

Cardano is named after an Italian Renaissance mathematician, Gerolamo Cardano, and its native token ADA is named after Ada Lovelace, a 19th-century English mathematician sometimes credited as the first computer programmer.

The price of Cardano (ADA) is in a downward correction as it fluctuates above $0.44 support. Since the price collapse on May 12, the downtrend has eased as the altcoin resumed a sideways movement. The cryptocurrency fluctuates between $0.44 and $0.70 price levels. Today, the price movement was restricted by the 21-day line SMA.

Cardano Bulls Defend $0.44 Support as Bears Pull Price below $0.55

Major proof-of-stake blockchain Cardano (CRYPTO: ADA) delayed its next major upgrade after finding multiple bugs in the code that need ironing out. Here's what to expect from the upcoming upgrade.

Cardano Delays Vasil Upgrade: Here's What Happened

Chainlink

Widely followed crypto analyst Michaël van de Poppe is eyeing three popular altcoins for potential entry points and price targets. The trader tells his 612,700 Twitter followers that proof-of-stake blockchain Cardano faces an important test just above $0.50, which if passed could take ADA as high as $0.63. “Looking solid and ready for a break […] The post Analyst Says Cardano Appears Ready to Break Out, Updates Outlook on Chainlink and Verasity appeared first on The Daily Hodl.

Analyst Says Cardano Appears Ready to Break Out, Updates Outlook on Chainlink and Verasity

Seven bugs remained outstanding to completing the hard fork, leading to a delay in the scheduled upgrade.

Cardano Developers Delay 'Vasil' Upgrade Citing Bugs

Avalanche

Ethereum

Polygon

A widely followed crypto strategist is unveiling his top altcoin picks amid the crypto pullback, which includes Ethereum (ETH) and three of its challengers. Michaël van de Poppe tells his 611,800 Twitter followers that he is positioned for huge rallies in smart contract platforms Ethereum, Cardano (ADA), Avalanche (AVAX) and Fantom (FTM), as well as […] The post Analyst Michaël van de Poppe Unveils Altcoin Picks, Says He's Bullish on Ethereum and Three ETH Rivals appeared first on The Daily Hodl.

Analyst Michaël van de Poppe Unveils Altcoin Picks, Says He's Bullish on Ethereum and Three ETH Rivals

The price of Cardano (ADA) has resumed selling pressure after failing to break above the 50-day line SMA. In the previous price action, Cardano was in a sideways movement between the moving averages. Today, the price of ADA fell to the current support at $0.44. If the bears break it, the price of ADA will fall to the low of $0.35.

Cardano Retraces above $0.44 Support as Bulls Resume Consolidation

Closely followed crypto analyst Benjamin Cowen says Cardano (ADA) looks poised for a late June rally under one key condition. In a new strategy session, Cowen tells his 749,000 YouTube subscribers that based on Cardano's history, ADA is likely due for a relief rally up to what he calls the bull market support band, which […] The post Crypto Analyst Predicts Strong Cardano (ADA) Bounce Toward End of June – But There's a Catch appeared first on The Daily Hodl.

Crypto Analyst Predicts Strong Cardano (ADA) Bounce Toward End of June – But There's a Catch

Cardano (ADA) creator Charles Hoskinson says that crypto bear markets are not all doom and gloom. In a Yahoo! Finance interview, Hoskinson says that crypto market downturns create an environment conducive to technological progress. “Bull markets are really frustrating because nobody wants to cooperate. You have a lot of poaching [of talent], unrealistic wages and […] The post Crypto Market Downturns Have One Massive Positive Impact, Says Cardano (ADA) Creator Charles Hoskinson appeared first on The Daily Hodl.

Crypto Market Downturns Have One Massive Positive Impact, Says Cardano (ADA) Creator Charles Hoskinson

Cardano (ADA) founder Charles Hoskinson is revealing that the Terra (LUNA) collapse has impacted the development of the sixth-largest crypto asset by market cap. Hoskinson says the ripple effects of the de-pegging of the TerraUSD (UST) algorithmic stablecoin have forced Cardano developers to exercise more caution in plans for a Vasil upgrade. “Our engineers are […] The post Cardano Creator Charles Hoskinson Says Terra (LUNA) Collapse Has Triggered One Massive Change in ADA Development appeared first on The Daily Hodl.

Cardano Creator Charles Hoskinson Says Terra (LUNA) Collapse Has Triggered One Massive Change in ADA Development

After suffering less severe price woes than other crypto assets in May, Cardano (ADA) now easily represents the largest chunk of Grayscale's Smart Contract Platform Ex-Ethereum Fund (GSCPxE). Grayscale Smart Contract Platform Ex-Ethereum Fund aims to provide investors with a secure structure to gain exposure to native tokens of emerging smart contract platforms besides Ethereum […] The post Cardano (ADA) Emerges As Favored Ethereum Rival in Grayscale Investments' Smart Contract Platforms Fund appeared first on The Daily Hodl.

Cardano (ADA) Emerges As Favored Ethereum Rival in Grayscale Investments' Smart Contract Platforms Fund

LINK remained close to a one-month high earlier in today's session, as crypto markets shook off some of Tuesday's volatile moves. Although price volatility remained, bulls returned to show force, with ADA continuing to climb higher this week. Chainlink (LINK) LINK was trading around a one-month high during today's session, following a recent four-day bull […]

Biggest Movers: LINK Remains Near 1-Month High, as ADA Extends Bull Run

The price of Cardano (ADA) has made impressive moves as the altcoin breaks out above the 21-day line SMA and retests the 50-day line SMA. Buyers are on the verge of breaking above the 50-day indicator.

Cardano Struggles below $0.70 High as It May Rally to $1.00

Terra

Popular crypto strategist Michaël van de Poppe is outlining what's in store for five altcoins including smart contract platform Cardano (ADA), decentralized finance payment network Terra (LUNA) and step-to-earn protocol STEPN (GMT). The crypto analyst tells his 607,500 Twitter followers that he expects Cardano to continue rallying now that it has taken out its immediate […] The post Here's What's Next for Cardano, Terra, STEPN and Two Additional Altcoins, According to Top Crypto Analyst appeared first on The Daily Hodl.

Here's What's Next for Cardano, Terra, STEPN and Two Additional Altcoins, According to Top Crypto Analyst

Crypto markets were mainly in the green to start the week, with several assets climbing by double digits on Monday. One of these was ADA, which rose by as much as 13% today. THETA also climbed higher, gaining nearly 15%. Cardano (ADA) ADA was one of the most notable movers on Monday, as prices surged […]

Biggest Movers: ADA up 13% on Monday, THETA Moving Towards Multi-Week High

A closely followed financial analyst says Cardano (ADA) is deviating from other crypto assets as the price of the altcoin surges. In a new video, the host of financial education YouTube channel InvestAnswers says the upcoming rollout of the Vasil hard fork this month is driving ADA's current rally. “It always rallies before hard forks. […] The post Crypto Analyst Says Cardano Decoupling From Other Assets As ADA Breaks Out Ahead of Hard Fork appeared first on The Daily Hodl.

Crypto Analyst Says Cardano Decoupling From Other Assets As ADA Breaks Out Ahead of Hard Fork

A widely followed crypto analyst says Ethereum (ETH) and two other altcoins are entering into key stages of their existence that will seemingly render them immune to the bear market. In a new market update, pseudonymous Coin Bureau host Guy tells his subscribers that leading altcoin Ethereum, smart contract platform Cardano (ADA), and privacy-focused blockchain […] The post Ethereum, Cardano and One Additional Crypto Project Entering Crucial Phases That Bear Market Can't Stop: Coin Bureau appeared first on The Daily Hodl.

Ethereum, Cardano and One Additional Crypto Project Entering Crucial Phases That Bear Market Can't Stop: Coin Bureau

Crypto analytics firm Santiment is digging into the charts to produce granular insights about a trio of altcoins. Santiment first highlights decentralized blockchain platform Cardano (ADA) as seeing an impressive price increase while also noting that development activity on GitHub has surged to over 450 submissions per day. “Cardano is one of many altcoins that […] The post Cardano Ignites Notable Bounce As ADA Development Activity Surges to New All-Time High: Analytics Firm appeared first on The Daily Hodl.

Cardano Ignites Notable Bounce As ADA Development Activity Surges to New All-Time High: Analytics Firm

During the last seven days, the cryptocurrency cardano has increased in value by 17.3% against the U.S. dollar, as the community anticipates the upcoming Vasil hard fork, an upgrade that aims to improve the network's throughput and enhance smart contract capabilities. Moreover, according to a poll involving 24,468 crypto enthusiasts, cardano is predicted to reach […]

Cardano Spikes as Supporters Anticipate Vasil Hard Fork, Poll Shows ADA Expected to Hit $1 by the End of June

The price of Cardano (ADA) is performing positively as the price rises above the 21-day moving average line. Buyers pushed the altcoin to a high of $0.68 and then retreated. The recent rally reached an overbought area of the market.

Cardano Pushes on the Upside as It Holds above $0.60 High

Popular crypto analyst Austin Arnold thinks four altcoins have the potential to do “very well” despite the ongoing bear market. The co-host of Altcoin Daily tells his 1.23 million YouTube subscribers he looks for five attributes when searching for good crypto assets to buy in a bear market. The five attributes are being well-funded, being […] The post Cardano, Avalanche and Two Additional Altcoins Have Potential To Perform Extremely Well in a Bear Market: Crypto Analyst appeared first on The Daily Hodl.

Cardano, Avalanche and Two Additional Altcoins Have Potential To Perform Extremely Well in a Bear Market: Crypto Analyst

Cardano (CRYPTO: ADA) traded 10.8% lower at $0.5982 over 24 hours at the time of writing. The price is seeing weakness on Wednesday after the coin significantly outshone major cryptocurrencies like Bitcoin, Ethereum and Dogecoin (CRYPTO: DOGE) over the past week.

Cardano (ADA) Seen Weakening After Outperforming Bitcoin, Ethereum, Dogecoin In Past Week

EGO.com, a Cardano-based NFT services provider with an iconic name, has been making rounds within the NFT space. This up-and-coming project with a promise to…

EGO.COM – An Iconic Cardano NFT Project is Gaining Momentum

Bitcoin

Amid a recovering crypto market, the token underpinning the Cardano blockchain is up nearly 30% on the day.

Cardano Jumps 29% as Bitcoin Ethereum Recover

A bot with a reputation for profitability is revealing the latest results of a crypto portfolio survey taken on Real Vision Exchange. The Real Vision bot recently shared a bar graph illustrating how investors are currently most interested in leading crypto assets Bitcoin (BTC), Ethereum (ETH) as well as stablecoin USD Coin (USDC). “Latest results of the RealVision Exchange […] The post Bot Known for Outperforming Crypto Markets Reveals Portfolio Allocations As Bitcoin and Ethereum Rise appeared first on The Daily Hodl.

Bot Known for Outperforming Crypto Markets Reveals Portfolio Allocations As Bitcoin and Ethereum Rise

Cardano was nearly 15% higher on Monday, as crypto markets were mainly in the green to start the week. Despite gains from ADA, HNT was one of the biggest movers today, as it rose by over 20%, hitting its highest point in over a week. Cardano (ADA) ADA rallied on Monday, as it rose by […]

News for Cardano Crypto (ADA)