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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.

A popular crypto strategist and trader says six mid-to-large cap altcoins will likely shine brighter than Bitcoin (BTC) in the coming months. The pseudonymous crypto analyst known in the industry as Capo tells his 173,000 Twitter followers that he expects big moves from the smart contract platform Cardano (ADA). ADA is currently trading at $2.28, […] The post Cardano and Five Altcoins Set To Outperform Bitcoin As New Phase of Market Cycle Begins, Predicts Crypto Strategist appeared first on The Daily Hodl.

Cardano and Five Altcoins Set To Outperform Bitcoin As New Phase of Market Cycle Begins, Predicts Crypto Strategist

Widely followed crypto market analyst Benjamin Cowen is plotting a potential path for Cardano (ADA) to break out towards new highs. In a new video, Cowen tells his 561,000 YouTube subscribers that he anticipated a sideways lull in the market after ADA made a run to $2.50 from its 2020 low of just $0.02. “This […] The post This Is When Traders Can Expect Cardano To Begin Its Breakout, According to Crypto Analyst Benjamin Cowen appeared first on The Daily Hodl.

This Is When Traders Can Expect Cardano To Begin Its Breakout, According to Crypto Analyst Benjamin Cowen

Bitcoin

Polkadot

Ethereum

Solana

A new poll conducted by digital asset investment firm CoinShares shows close to half of investors believe a single crypto asset now has the highest upside potential – and it's not Bitcoin (BTC). According to the survey, 42% of investors view Ethereum (ETH) as the most attractive crypto asset based on potential growth, beating Bitcoin […] The post Here's How Bullish Crypto Investors Really Are on Bitcoin, Ethereum, Cardano, Polkadot, Solana, Luna and XRP: Survey appeared first on The Daily Hodl.

Here's How Bullish Crypto Investors Really Are on Bitcoin, Ethereum, Cardano, Polkadot, Solana, Luna and XRP: Survey

Cardano's (CRYPTO: ADA) price has increased 4.61% over the past 24 hours to $2.32. Over the past week, ADA has experienced an uptick of over 10.0%, moving from $2.09 to its current price.

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

Quick Take Cardano is a proof-of-stake blockchain platform with a stated focus of bringing security and sustainability to decentralized financial applications and ecosystems.  The Cardano team is split across three independent Cardano-centric entities, including the Cardano Foundation, IOHK, and Emurgo. Cardano was funded by the ICO (initial coin offering) of its native ADA token, with a debuted market cap of $600 million which now exceeds $69 billion. Before the Alonzo hard fork, the Cardano Blockchain was limited in ability but now offers smart contract capabilities and support on its platform Users and developers can now deploy smart contracts on the Cardano Blockchain, which self execute upon meeting the contract's predefined conditions, thereby gaining the ability to run dapps.  

Mapping out the Cardano ecosystem

After the downward impulse on September 21, the price of Cardano (ADA) has continued its downward correction. The altcoin is trading in the downtrend zone as buyers fail to keep the ADA price above the moving averages.

Cardano is in a Downward Correction, May Further Decline

DeFi continues to show the world that the future of finance will forever change from its old and traditional form, developed by solving problems individuals and institutions face with mainstream banks. ADALend continues the string of innovations in DeFi under the guidance of its GM. Javed Khattak, A qualified actuary (FIA), an award winning C-suite […]

ADALend's Revolutionary GM for an Evolutionary Cardano Based DeFi

The crypto giant Grayscale says Cardano's future could hinge on one all-important factor. In a recently published report, the digital asset manager says Cardano is currently processing more than 115,000 transactions per day, up about 13x since the start of 2021. The network also now has about 2.8 million users, a 7.3x increase since the […] The post Cardano's Potential To Attract Outside Investors Hinges on One Factor, According to Crypto Giant Grayscale appeared first on The Daily Hodl.

Cardano's Potential To Attract Outside Investors Hinges on One Factor, According to Crypto Giant Grayscale

As the price of bitcoin and other major cryptocurrencies flatlines, OMG, the native token of the ethereum-scaling OMG network, has soared to highs not seen since early 2018—up almost 150% since early September...

Forget Bitcoin, Ethereum, Cardano, BNB And XRP—The Price Of This Small Cryptocurrency Is Quietly Soaring

The following is an excerpt from the daily CryptoCodex email newsletter. Sign up now for free here...

CryptoCodex: Expectations Are High For A Bitcoin, Ethereum, Cardano, BNB, XRP And Solana Price Bull Run

Japanese Cardano investors have reportedly failed to pay as much as $6 million in taxes, according to a recent large-scale audit.

Japanese Authorities Say Cardano Investors Have Underreported Crypto Taxes by $6M

Chainlink

Tezos

Crypto strategist and trader Michaël van de Poppe says he's expecting rallies for Chainlink and Tezos as he plots his bottom targets for Cardano and VeChain. In a strategy session, Van de Poppe tells his 132,000 YouTube subscribers that decentralized oracle network Chainlink (LINK) is mirroring its price action late last year when the coin […] The post Crypto Trader Michaël van de Poppe Predicts Rallies for Chainlink and Tezos, Outlines Bottom Targets for Cardano and VeChain appeared first on The Daily Hodl.

Crypto Trader Michaël van de Poppe Predicts Rallies for Chainlink and Tezos, Outlines Bottom Targets for Cardano and VeChain

The founder of Cardano (ADA) believes nation-states will one day rely on smart contract platforms to power wide swaths of their government operations. Speaking at Cardano Summit 2021, Charles Hoskinson says that new systems of governance operating on blockchain technology could arise due to general unhappiness with current centralized institutions. “People are fundamentally unhappy with […] The post Cardano Creator Says Nations Will Use Crypto Tech to Power Wide Swath of Government Operations appeared first on The Daily Hodl.

Cardano Creator Says Nations Will Use Crypto Tech to Power Wide Swath of Government Operations

Cosmos

Popular analyst and trader Michaël van de Poppe sees leading cryptos Bitcoin (BTC) and Ethereum (ETH) heading back toward all-time highs while predicting rallies for several altcoins. In a new strategy session, Van de Poppe tells his 131,000 YouTube subscribers that he's keeping an eye on $44,000 as a key level BTC needs to break […] The post Michaël van de Poppe Predicts Big Q4 for Bitcoin, Ethereum, and Three Altcoins, Tracks Cardano and Solana Trajectories appeared first on The Daily Hodl.

Michaël van de Poppe Predicts Big Q4 for Bitcoin, Ethereum, and Three Altcoins, Tracks Cardano and Solana Trajectories

Dogecoin

Bitcoin and cryptocurrency prices are suddenly soaring, with bitcoin coming within touching distance of $50,000 for the first time since early September...

$2 Trillion Crypto Price Boom: Bitcoin, Ethereum, Cardano, BNB, XRP, Solana, Polkadot And Dogecoin Are Suddenly Soaring

The price of Cardano-backed altcoin project Coti (COTI) is surging. Data from Coingecko shows that COTI rose from a 14-day low of $0.289679 to a high of $0.643572, representing a rally of 75.8% over the past two weeks. The coin, which currently holds a market cap of $526,540,060 is worth $0.606045 at time of writing. […] The post Altcoin Project Backed by Cardano Rallies 92% in Just Two Weeks, Leaving Crypto Market in the Dust appeared first on The Daily Hodl.

Altcoin Project Backed by Cardano Rallies 92% in Just Two Weeks, Leaving Crypto Market in the Dust

The Cardano (ADA) ecosystem is getting a major investment from blockchain tech firm EMURGO. In a tweet, EMURGO says it is injecting $100 million into the Cardano ecosystem via an investment vehicle to bolster development in several key areas, including decentralized finance (DeFi) and non-fungible token (NFT) technology. “EMURGO to invest $100M in Cardano ecosystem […] The post Cardano Secures $100,000,000 Investment To Rapidly Expand DeFi and NFT Solutions appeared first on The Daily Hodl.

Cardano Secures $100,000,000 Investment To Rapidly Expand DeFi and NFT Solutions

Litecoin

Crypto market analyst Justin Bennett is giving an update on his outlook for Cardano (ADA), Litecoin (LTC), and Polkadot (DOT). Bitcoin has been selling off gradually since topping out just under $53,000 in early September. Bennett expects lower altcoin prices in the short term as BTC looks for stability. Starting with Cardano, the strategist tells […] The post Here's How Low Cardano, Litecoin, and Polkadot Could Drop, According to Crypto Strategist Justin Bennett appeared first on The Daily Hodl.

Here's How Low Cardano, Litecoin, and Polkadot Could Drop, According to Crypto Strategist Justin Bennett

Cardano (ADA) has fallen to the low of $2.02 at the time of writing. The price could resume its downward movement if it breaks below the $1.91 support.

Cardano Fluctuates Above $1.91 as Buyers Defend Crucial Support

Emurgo, the financial arm of leading cryptocurrency project Cardano, has announced it will invest $100 million in the development of decentralized finance-based products for the ecosystem. The company will spin two subsidiaries for this task, with one being fully dedicated to incentivizing the creation of Africa-based startups that use the Cardano blockchain in the development […]

Cardano to Invest $100 Million to Fund Decentralized Finance Projects

September 26, 2021 – Tel Aviv, Israel Charles Hoskinson, the founder of Cardano (ADA) – one of the world's largest blockchain platforms – revealed during the Cardano Summit that COTI will serve as the official issuer of a new stablecoin, based on the Djed stablecoin protocol, for the fast-growing Cardano ecosystem. The Djed stablecoin protocol is based […] The post COTI To Issue ‘Djed,' the First Algorithmic Stablecoin on Cardano appeared first on The Daily Hodl.

COTI To Issue ‘Djed,' the First Algorithmic Stablecoin on Cardano

Input Output Hong Kong (IOHK) is teaming up with Chainlink (LINK) to advance the development of smart contracts for decentralized finance (DeFi) applications on Cardano. One goal of the collaboration is to help developers integrate real-world data, such as stock and crypto market price feeds, directly into Cardano (ADA) applications, according to a blog post […] The post Cardano Teams Up With Chainlink To Advance Development of Smart Contracts and DeFi Applications appeared first on The Daily Hodl.

Cardano Teams Up With Chainlink To Advance Development of Smart Contracts and DeFi Applications

It's hoped Djed will make transaction costs on the Cardano network cheaper and more predictable.

Cardano Will Soon Have a Stablecoin for the Very First Time

A top crypto analyst and trader is predicting a massive Cardano (ADA) surge as he sees the altcoin market flashing signs of strength. The trader known in the industry as Capo tells his 167,100 followers that he believes Cardano has already bottomed out and is ready to ignite a new uptrend. “ADA bottom was $1.90 […] The post Top Crypto Strategist Predicts Massive Run-Up for Cardano, Says It's ‘Impossible' Not To Be Bullish on Altcoins appeared first on The Daily Hodl.

Top Crypto Strategist Predicts Massive Run-Up for Cardano, Says It's ‘Impossible' Not To Be Bullish on Altcoins

A “dedicated” operation will commence next year to further DeFi, NFT solutions and blockchain education efforts.

News for Cardano Crypto (ADA)