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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.

Today, the price of Cardano (ADA) is moving higher while in a sideways trend. At the time of writing, the cryptocurrency is trading at $2.10. Buyers are trying to push the altcoin above the moving averages.

Cardano Continues Range-Bound Move after a Price Rebound

Press Release: 3air is using an ISP platform built on Cardano to provide internet to the most unconnected regions in Africa.  November 2nd, 2021, Dubai,…

3air Solves Africa's Massive Internet Access Problem with Cardano-Based ISP Platform

Cardano (ADA) and Input Output Hong Kong (IOHK) founder Charles Hoskinson says Hydra, Cardano's scalability solution, is “going very well.” The chief executive of the Cardano developer tells his 287,000 YouTube subscribers in a new ask-me-anything session that the company has devoted a “huge amount” of work to Hydra and plans to keep adding resources […] The post Hydra Scalability Solution for Cardano Is High Commercial Priority, Says Founder Charles Hoskinson appeared first on The Daily Hodl.

Hydra Scalability Solution for Cardano Is High Commercial Priority, Says Founder Charles Hoskinson

Closely followed analyst and trader Benjamin Cowen is predicting a realistic timeframe for when Cardano (ADA) can hit new all-time highs. In a new strategy session, Cowen notes that Cardano has already pulled off nearly an 11,000% gain since the low of March 2020, and may need time to cool off before making any more […] The post Here's When Cardano Can Realistically Reach New All-Time High, According to Crypto Analyst Benjamin Cowen appeared first on The Daily Hodl.

Here's When Cardano Can Realistically Reach New All-Time High, According to Crypto Analyst Benjamin Cowen

Major DeFi investors piled into the Ardana project, including some that have never invested in Cardano before.

Three Arrows Capital Backs $10M Raise for DeFi on Cardano

Ardana, a decentralized finance (DeFi) protocol built on the Cardano blockchain, has raised $10 million in strategic funding. The post Cardano-based DeFi protocol Ardana raises $10 million from Three Arrows Capital and others appeared first on The Block.

Cardano-based DeFi protocol Ardana raises $10 million from Three Arrows Capital and others

Cardano founder Charles Hoskinson recently confirmed he had signed a memorandum of understanding (MOU) with the government of Burundi. This MOU agreement is Hoskinson's first major preliminary agreement he has secured since kickstarting Cardano's African tour in mid-October, 2021. Meetings With Burundi and Zanzibar Leaders Before traveling to Burundi, Hokisnson had visited Zanzibar where he […]

Cardano's Charles Hoskinson Signs Memorandum With Burundi Government, Agreement Questioned

Cardano's (CRYPTO: ADA) price has decreased 9.74% over the past 24 hours to $1.97, continuing its downward trend over the past week of -10.0%, moving from $2.19 to its current price.

Cryptocurrency Cardano Falls More Than 9% In 24 hours

The price of Cardano (ADA) has continued its sideways movement as the cryptocurrency maintains its price levels of $2.13 and $2.14. It is unlikely that Cardano will develop a trend as long as the small body candlesticks dominate the price action.

Cardano in a Strong Sideways Move as Bulls and Bears Remain Indifferent

Solana

Digital asset manager CoinShares says that last week, the crypto markets saw the biggest inflow of institutional capital ever recorded. The crypto firm says that digital asset investment products have shattered the record for both weekly and yearly capital flows by a huge margin. “Digital asset investment products saw inflows last week totaling US$1.47bn, the […] The post Solana and Cardano Dominate As Crypto Sees Largest Weekly Institutional Inflows in History appeared first on The Daily Hodl.

Solana and Cardano Dominate As Crypto Sees Largest Weekly Institutional Inflows in History

Polkadot

Crypto trader and Altcoin Daily host Austin Arnold thinks six major altcoins are gearing up for massive rallies in the next year. In a recent crypto update, the YouTube star tells his 1,040,000 subscribers that Ethereum layer-2 (L2) scaling solution Polygon (MATIC) is gaining momentum after landing a partnership with the $20 billion gambling company […] The post Cardano, Polkadot and Four Additional Altcoins Are Set To Explode in 2022, According to Crypto Trader Austin Arnold appeared first on The Daily Hodl.

Cardano, Polkadot and Four Additional Altcoins Are Set To Explode in 2022, According to Crypto Trader Austin Arnold

Cardano (ADA) has dropped below the 21-day moving average line, indicating a possible downward move for the cryptocurrency. Today, Cardano has fallen to a low of $2.10 and is approaching the previous low of $1.90.

Cardano Continues Bearish Run, May Decline to $1.90 Low

Bitcoin

Digital asset manager CoinShares is revealing that institutional capital is piling into Cardano and Polkadot as Bitcoin and the crypto markets march toward all-time highs. In a new report, CoinShares says that inflows into digital asset products totaled $80 million last week. Bitcoin (BTC) accounted for 87.5% with $70 million in inflows, which also marked […] The post Institutional Investors Pile Into Cardano, Polkadot, and Bitcoin As Crypto Markets Hit New Highs: CoinShares appeared first on The Daily Hodl.

Institutional Investors Pile Into Cardano, Polkadot, and Bitcoin As Crypto Markets Hit New Highs: CoinShares

A widely followed analyst says that one crypto will manage to outperform Bitcoin (BTC) and four big-name altcoins during this bull cycle. The pseudonymous crypto analyst known as Capo tells his 180,000 Twitter followers that Bitcoin dominance, which is Bitcoin's market cap compared to the rest of the crypto market, looks to be trending higher, […] The post One Altcoin Will Outperform Solana, Binance Coin, Cardano, Ethereum and Bitcoin This Cycle, Says Popular Crypto Analyst appeared first on The Daily Hodl.

One Altcoin Will Outperform Solana, Binance Coin, Cardano, Ethereum and Bitcoin This Cycle, Says Popular Crypto Analyst

Emurgo, the investment arm of Cardano, has partnered one of its subsidiaries with Adanian Labs, a pan-African venture studio that is focused on building a platform where African tech start-ups can thrive and access all key resources that allow them to grow sustainably. Financial and Educational Empowerment via the Blockchain According to a statement issued […]

Cardano Subsidiary Emurgo in Partnership With Pan-African Venture Studio

XRP and smart contract platform Cardano (ADA) are reportedly the most popular crypto assets among retail traders in the UK. Citing data from the social trading platform eToro, Finance Magnates says that in Q3 of 2021, retail investors in the UK chose XRP more than all other digital assets, allowing the altcoin to retain its […] The post XRP and Cardano Are the Most Popular Crypto Assets in the UK: Report appeared first on The Daily Hodl.

XRP and Cardano Are the Most Popular Crypto Assets in the UK: Report

Crypto strategist Michaël van de Poppe is extremely bullish on Polkadot (DOT), while warning several popular altcoins may face further corrections. The trader and analyst tells his 442,000 Twitter followers that DOT appears “programmed” to rise above $100 in the current market cycle. Using a Fibonacci extension model, he outlines $75 and $115 as potential […] The post Top Crypto Analyst Unveils Massive Polkadot Prediction, Issues Cardano, Solana and VeChain Price Alert appeared first on The Daily Hodl.

Top Crypto Analyst Unveils Massive Polkadot Prediction, Issues Cardano, Solana and VeChain Price Alert

Ethereum

A popular crypto strategist and trader says he expects three altcoins to sizzle as Bitcoin (BTC) pushes toward its next resistance level. The pseudonymous analyst known in crypto circles as Capo tells his 177,400 Twitter followers that he expects Bitcoin to soon reach $60,000 before shattering $100,000 in the months ahead. As for the altcoin […] The post Three Altcoins Now Bullish Against Bitcoin As Top Cryptocurrency Targets $60,000: Analyst appeared first on The Daily Hodl.

Three Altcoins Now Bullish Against Bitcoin As Top Cryptocurrency Targets $60,000: Analyst

Over the past 24 hours, Cardano's (CRYPTO: ADA) price has risen 4.2% to $2.2. This is contrary to its negative trend over the past week where it has experienced a 5.0% loss, moving from $2.32 to its current price.

Cardano's Price Increased More Than 4% Within 24 hours

During the second week of October, bitcoin market values have maintained prices between $54K to $57K. Meanwhile, myriad alternative crypto assets have not yet seen the gains the leading crypto asset has enjoyed during the last two weeks. For instance, cardano used to be the third-largest crypto market in terms of valuation, but after losing […]

Cardano Slips to 5th-Largest Crypto Market Position — ADA Down 30% Since All-Time High Last Month

Last week, the price of Cardano (ADA) continued its downward trend as the altcoin fell to a low of $2.09. Cardano's recent decline is due to the failure of buyers to sustain bullish momentum above resistance at $2.40.

Cardano Continues to Decline, Lacks Buyers at Higher Price Levels

Fantom

A widely followed crypto strategist and trader is predicting Bitcoin (BTC) to revisit its all-time high soon while outlining the potential price action of Cardano (ADA), Fantom (FTM), Celer Network (CELR) and Verasity (VRA). In a new strategy session, Michaël van de Poppe tells his 134,000 YouTube subscribers that he's bullish on Bitcoin and that […] The post Bitcoin All-Time High Imminent? Analyst Plots Path Ahead for BTC, Cardano, Fantom, Celer Network and Verasity appeared first on The Daily Hodl.

Bitcoin All-Time High Imminent? Analyst Plots Path Ahead for BTC, Cardano, Fantom, Celer Network and Verasity

Digital asset manager CoinShares says Bitcoin (BTC) is taking the lion's share of institutional capital as sentiment in the crypto markets remains upbeat. In their weekly report, CoinShares says that the total amount of crypto assets under management (AUM) is only 5% away from setting all-time highs due to recent positive price action. The firm […] The post Bitcoin Dominates Institutional Capital Flows As Investors Accumulate Ethereum, Solana and Cardano: CoinShares appeared first on The Daily Hodl.

Bitcoin Dominates Institutional Capital Flows As Investors Accumulate Ethereum, Solana and Cardano: CoinShares

Dogecoin

As bitcoin and cryptocurrency prices are surging across the board, the U.S. government is weighing a regulatory crypto crackdown, according to reports...

Executive Order Bombshell: Bitcoin, Ethereum, Cardano, BNB, XRP, Solana And Dogecoin Are Braced For A Massive Earthquake Amid Huge Price Pump

Cryptocurrency analyst Michaël van de Poppe is analyzing Cardano's path forward in the wake of Bitcoin rallying to a new 90-day high above $55,000.

News for Cardano Crypto (ADA)