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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.

Blockchain analytics firm Santiment says Cardano sharks have entered into an accumulation phase after a lengthy period of selling activity. According to the firm, sharks, or entities holding between 10,000 and 100,000 ADA, have added over 79 million Cardano worth over $35.5 million to their stacks in the past month. Meanwhile, Santiment highlights that whales, […] The post Cardano Sharks Accumulate Nearly 80 Million ADA in Just 30 Days While Whales Stay Flat: Analytics Firm Santiment appeared first on The Daily Hodl.

Cardano Sharks Accumulate Nearly 80 Million ADA in Just 30 Days While Whales Stay Flat: Analytics Firm Santiment

A widely followed crypto strategist says he's expecting to witness bullish continuations for Cardano (ADA), Binance (BNB) and two additional crypto assets. Analyst Michaël van de Poppe tells his 615,800 Twitter followers that smart contract platform Cardano must take out its immediate resistance at $0.47 to ignite the next leg up. “This one is looking […] The post Analyst Michaël van de Poppe Predicts Sharp Rallies for Cardano, Binance Coin and Two Additional Altcoins appeared first on The Daily Hodl.

Analyst Michaël van de Poppe Predicts Sharp Rallies for Cardano, Binance Coin and Two Additional Altcoins

Polkadot

Solana

Algorand

Cosmos

Avalanche

Polygon

Crypto asset management giant Grayscale has updated its smart contract platform holdings as the digital asset markets consolidate well below their all-time highs. In a new report, Grayscale says its GSCPxE Fund has allocated funds towards Cardano (ADA), Solana (SOL), Polkadot (DOT) and several other Ethereum (ETH) competitors. “At the end of the day on […] The post Cardano, Solana, Polkadot and Four More Altcoins Are Top Smart Contract Platform Holdings for Grayscale appeared first on The Daily Hodl.

Cardano, Solana, Polkadot and Four More Altcoins Are Top Smart Contract Platform Holdings for Grayscale

Bitcoin (BTC) bull and Microstrategy CEO Michael Saylor says he considers proof-of-stake blockchain Cardano (ADA) to be a security. In a new interview on the Altcoin Daily YouTube channel, Saylor says there is a distinction between Cardano and proof-of-work blockchain Bitcoin. “My opinion is Bitcoin is a digital commodity. I think that all the proof-of-stake […] The post Is Cardano (ADA) a Security? Bitcoin (BTC) Billionaire Michael Saylor Analyzes Eighth-Largest Crypto Asset by Market Cap appeared first on The Daily Hodl.

Is Cardano (ADA) a Security? Bitcoin (BTC) Billionaire Michael Saylor Analyzes Eighth-Largest Crypto Asset by Market Cap

Fantom

Widely followed crypto analyst Michaël van de Poppe is offering his outlook on four top-100 altcoins by market cap. Starting with XRP, Van de Poppe tells his 614,800 Twitter followers that XRP must turn its current resistance level of $0.33 into support before it can move higher. “XRP Starts to look better, but has to […] The post Top Crypto Trader Reveals Outlook for XRP, Polygon (MATIC), Cardano (ADA), and Ethereum Challenger Fantom (FTM) appeared first on The Daily Hodl.

Top Crypto Trader Reveals Outlook for XRP, Polygon (MATIC), Cardano (ADA), and Ethereum Challenger Fantom (FTM)

Analytics firm Santiment says decentralized blockchain platform Cardano (ADA) is the most developed crypto project over the last month. Cardano recently shared some of the latest project milestones, including over 13,000 GitHub commits in June while discussing the importance of robust development. “June On-chain Cardano Stats  Did someone [Santiment] say Cardano was the top project […] The post Cardano (ADA) Top Crypto Project by Development Over Last Month, According to Analytics Firm Santiment appeared first on The Daily Hodl.

Cardano (ADA) Top Crypto Project by Development Over Last Month, According to Analytics Firm Santiment

The price of Cardano (ADA) is in a downward correction as it trades below moving average lines. Since the June 13 price drop, the price of ADA has fluctuated below the 21-day moving average line.

Cardano Drops as Sellers Attempt to Sink ADA below $0.44

Ethereum

The trader known for calling the current crypto market downturn says that Ethereum and one of its biggest challengers are on the edge of another sizeable drop. The pseudonymous trader known as Capo tells his 429,000 Twitter followers that Cardano (ADA) has now touched a critical support level near $0.44 for the fifth time. Traditionally, […] The post Ethereum and Cardano (ADA) on the Brink of Another Drop, Says Trader Who Called 2022 Crypto Market Collapse appeared first on The Daily Hodl.

Ethereum and Cardano (ADA) on the Brink of Another Drop, Says Trader Who Called 2022 Crypto Market Collapse

A popular crypto analyst known for timely altcoin calls says that some wild volatility could be in play for Ethereum challenger Cardano (ADA). Pentoshi also has his eye on another Ethereum (ETH) rival for potential opportunities.

Crypto Analyst Predicts Wild Cardano (ADA) Price Swing, Sets Downward Target for One Ethereum Rival

A popular crypto analyst is laying out the bullish case for Cardano (ADA) with the Ethereum rival's new Vasil upgrade coming soon. In a new video update, the pseudonymous host of Coin Bureau known as Guy tells his 2.08 million subscribers that Cardano's imminent Vasil upgrade is bound to affect ADA's price.

Imminent Cardano Upgrade Could Be Extremely Bullish for ADA, Says Coin Bureau – Here's Why

Bitcoin

A popular analyst who accurately predicted the recent market downturn is setting new price targets for four major crypto assets. Pseudonymous crypto trader Capo, who back in March sounded the alarm that several top cryptos were likely to fall by 50%, now tells his 423,200 Twitter followers what's next for Bitcoin (BTC), Ethereum (ETH), Cardano […] The post Crypto Trader Reveals Targets for Bitcoin (BTC), Ethereum (ETH), Cardano (ADA) and Solana (SOL) appeared first on The Daily Hodl.

Crypto Trader Reveals Targets for Bitcoin (BTC), Ethereum (ETH), Cardano (ADA) and Solana (SOL)

Cardano (ADA) creator Charles Hoskinson says the next year will be crucial for crypto as the government makes groundbreaking decisions for the industry. During the Cardano Community event, Hoskinson told attendees how the crypto space has significantly evolved since the inception of Bitcoin (BTC). “In 2009, Bitcoin had no value. No one cared about it. […] The post Cardano (ADA) Creator Predicts More Will Happen in Crypto Over the Next 12 Months Than in the Past 14 Years appeared first on The Daily Hodl.

Cardano (ADA) Creator Predicts More Will Happen in Crypto Over the Next 12 Months Than in the Past 14 Years

Cardano (ADA) is getting closer to launching its highly anticipated Vasil network upgrade, which aims to scale and improve the overall user experience. According to Cardano development firm Input Output Hong Kong (IOHK), the project will begin the process of hard-forking from the testnet to the mainnet on July 3rd, which will take at least […] The post Big Cardano (ADA) Upgrade Set To Go Live, According to Developers – Here's the Timeline appeared first on The Daily Hodl.

Big Cardano (ADA) Upgrade Set To Go Live, According to Developers – Here's the Timeline

A leading crypto analytics firm says trader sentiment on Cardano (ADA) isn't high right now, but that could quickly change. In a new analysis, Santiment notes Cardano is currently witnessing the highest amount of unique addresses interacting on its network in a year. “On top of this, sentiment on social platforms has fallen to a […] The post Cardano FOMO Could Return Quickly, According to Blockchain Analytics Firm Santiment – Here's How appeared first on The Daily Hodl.

Cardano FOMO Could Return Quickly, According to Blockchain Analytics Firm Santiment – Here's How

PRESS RELEASE. The cryptocurrency industry has certainly become oversaturated with hundreds of crypto projects being established everyday with many of them failing before ever reaching any significant milestone. The mass success of the industry has led to many believing they can achieve that very same amount of success despite not putting in as much work […]

Can Xchange Monster (MXCH) Become Crypto Giants Like Binance Coin (BNB) and Cardano (ADA)?

The price of Cardano (ADA) is in a downward correction, but consolidating in a narrow range between $0.44 and $0.55 price levels. The upward movement was limited by the 21-day line SMA. On June 26, the cryptocurrency was bumped off the 21-day line SMA as the altcoin resumed its downward movement.

Cardano is in a Tight Range as It Poises to Break $0.44 Support

Hedera

Chainlink

Decentraland

A robot with a reputation for outpacing the crypto markets is presenting its latest portfolio allocations as Bitcoin (BTC) and Ethereum (ETH) attempt to stay afloat. Each week the Real Vision Bot conducts surveys in order to create algorithmic portfolio assessments consistent with a “hive mind” consensus. The bot's newest data finds that traders' risk […] The post Algorithm Known for Outperforming Bitcoin and Crypto Markets Reveals New Altcoin Picks for the Week appeared first on The Daily Hodl.

Algorithm Known for Outperforming Bitcoin and Crypto Markets Reveals New Altcoin Picks for the Week

Widely followed crypto analyst Benjamin Cowen is taking a look at the state of Ethereum (ETH) rival Cardano as ADA continues its multi-month downtrend. In a new strategy session, Cowen looks at previous periods when Cardano was in a long-term downtrend and notes that while ADA already looks fairly discounted after losing 83% of its […] The post Has Cardano Hit Rock Bottom? Analyst Benjamin Cowen Looks at State of ADA appeared first on The Daily Hodl.

Has Cardano Hit Rock Bottom? Analyst Benjamin Cowen Looks at State of ADA

Cardano (ADA) founder Charles Hoskinson is addressing Congress in an attempt to detail the real-world use cases of crypto assets. In a prepared testimony to Congress on the topic of digital asset regulation, Hoskinson says blockchain technology helps marketplaces thrive due to its decentralized and permissionless nature. “Distributed ledgers (i.e., blockchains) store information that needs […] The post Cardano (ADA) Founder Charles Hoskinson Addresses Congress, Argues for Real-World Uses of Crypto and Blockchain appeared first on The Daily Hodl.

Cardano (ADA) Founder Charles Hoskinson Addresses Congress, Argues for Real-World Uses of Crypto and Blockchain

Dogecoin

yearn.finance

Analytics firm Santiment is looking at crypto's richest wallets to identify possible entry points amid a long-term downtrend in the markets. First on the firm's radar is decentralized virtual world The Sandbox (SAND), which Santiment says experienced “eye-opening supply accumulation” despite recent price struggles. “The Sandbox, one of the altcoin darlings from late 2021, has […] The post Whales Are Piling Into Top Gaming Altcoin – And Letting Go of Three Crypto Assets, According to Analytics Firm appeared first on The Daily Hodl.

Whales Are Piling Into Top Gaming Altcoin – And Letting Go of Three Crypto Assets, According to Analytics Firm

A widely followed crypto analyst says Bitcoin (BTC) and two Ethereum (ETH) competitors are due for relief bounces. Trader Michaël van de Poppe tells his 613,300 Twitter followers that BTC is ready for an approximately 8% rebound from current levels. “Bitcoin ready for $23,000.” Bitcoin is trading for $21,275 at time of writing, up 3.4% from 24 hours […] The post Crypto Analyst Michaël van de Poppe Predicts Bitcoin Bounce Incoming, Plots Path Ahead for Ethereum Rivals Cardano and Fantom appeared first on The Daily Hodl.

Crypto Analyst Michaël van de Poppe Predicts Bitcoin Bounce Incoming, Plots Path Ahead for Ethereum Rivals Cardano and Fantom

Cardano (ADA) founder Charles Hoskinson says the bear market is creating an opportunity to build a regulatory framework for crypto. In a new interview with The Wolf Of All Streets host Scott Melker, Hoskinson says different interests and agendas prevent stakeholders from working together towards a stable decentralized space. “It's in the vacuum of leadership […] The post Cardano (ADA) Founder Charles Hoskinson Says Bear Market Makes Crypto Industry Collaboration Easier – Here's Why appeared first on The Daily Hodl.

Cardano (ADA) Founder Charles Hoskinson Says Bear Market Makes Crypto Industry Collaboration Easier – Here's Why

Terra

Cardano (ADA) creator Charles Hoskinson says the collapse of the Terra (LUNA) ecosystem is partly to blame for the postponement of the Vasil upgrade. Hoskinson says the update is ready but Cardano's development team was directed to exercise more diligence before shipping updates or products following the collapse of stablecoin blockchain Terra. “We're code-complete and […] The post Cardano Creator Charles Hoskinson Says Terra (LUNA) Collapse Contributed To Delay in Major ADA Upgrade appeared first on The Daily Hodl.

Cardano Creator Charles Hoskinson Says Terra (LUNA) Collapse Contributed To Delay in Major ADA Upgrade

A The Input-Output Global (IOG) team has said it will postpone sending the Vasil hard fork update proposal because it still needs to solve seven outstanding bugs that are currently ranked as non-severe. While acknowledging that the news will likely be disappointing for some, the IOG team insisted it was “taking an abundance of caution […]

Cardano Vasil Hard Fork Postponed to Allow for More Testing

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.

News for Cardano Crypto (ADA)