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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 fifth-most valuable crypto by market cap will make up 4.26% of the Digital Large Cap Fund.

Grayscale Adds Cardano to Its Cryptocurrency Investment Fund

Grayscale, the world's largest crypto asset management firm, is adding Cardano (ADA) to its suite of investment products. The firm says it's adding ADA to the Grayscale Digital Large Cap Fund, which offers retail and institutional investors exposure to a basket of altcoins. Although it's a new addition, Grayscale is making ADA the third-largest holding […] The post World's Largest Crypto Asset Management Firm Launching Support for Cardano appeared first on The Daily Hodl.

World's Largest Crypto Asset Management Firm Launching Support for Cardano

Investment firm Grayscale has added cardano to its large cap fund, giving it a respectable weighting ahead of bitcoin cash and litecoin. The post Grayscale adds significant weighting to Cardano in its large cap fund appeared first on The Block.

Grayscale adds significant weighting to Cardano in its large cap fund

The digital-asset manager sold some existing constituents of the fund and used the proceeds to purchase ADA.

Grayscale Adds Cardano to Its Digital Large Cap Fund

As the new month kicks off, crypto analyst and trader Michaël van de Poppe is eyeing Cardano (ADA), Chainlink (LINK) and four additional altcoins. Van de Poppe tells his 348,000 Twitter followers that Ethereum competitor Cardano is looking strong against Bitcoin (BTC), holding support at 0.000039 (3,900 sats) on the ADA/BTC chart. The analyst is […] The post What's Next for Cardano and Chainlink? Analyst Michaël van de Poppe Predicts Path of Six Crypto Assets appeared first on The Daily Hodl.

What's Next for Cardano and Chainlink? Analyst Michaël van de Poppe Predicts Path of Six Crypto Assets

Bitcoin

Ether

Crypto trader and analyst Lark Davis is naming four digital assets that he predicts will appreciate substantially in July. Davis kicks off his list with Bitcoin, telling his nearly 400,000 YouTube subscribers that the flagship cryptocurrency could be ready for a major rally. “…Bitcoin is number one on our list to watch in the month […] The post Bitcoin, Ethereum, Cardano and One Explosive Altcoin Could See Huge Gains in July, According to Crypto Trader Lark Davis appeared first on The Daily Hodl.

Bitcoin, Ethereum, Cardano and One Explosive Altcoin Could See Huge Gains in July, According to Crypto Trader Lark Davis

Solana

Cryptocurrency analyst and YouTuber Jason Pizzino is considering several crypto assets as the market bounces off of its recent lows. Pizzino tells his 190,000 YouTube subscribers that he's bullish on Ethereum in the long run, although he expects ETH to drop against Bitcoin in the near term. “ETH, it's one of those ones I'm happy […] The post Top Analyst Says He's Bullish on Ethereum and Cardano – But Another Altcoin Is Looking Stronger appeared first on The Daily Hodl.

Top Analyst Says He's Bullish on Ethereum and Cardano – But Another Altcoin Is Looking Stronger

June 30, 2021 – London, United Kingdom Nexo, the leading institution for digital assets, has initiated the integration of ADA, the native asset of Cardano, to its full suite of financial services. The initial launch includes buy and sell services for ADA on the Nexo Exchange, yields of up to 8% interest and the option […] The post Nexo Initiates Cardano Integration With Exchange, Borrow and Earn for ADA appeared first on The Daily Hodl.

Nexo Initiates Cardano Integration With Exchange, Borrow and Earn for ADA

IAGON, which leverages blockchain technology to build a decentralized big data platform, has just bagged $3.4 million in a seed and private funding round that featured existing and new investors.

Blockchain Startup IAGON Secures $3.4M Funding To Build "File Coin" On Cardano

Tens of billions of dollars are now staked in the crypto protocol Cardano. PoolTool, an online platform built to provide up-to-date data on Cardano's metrics, shows that holders have locked up over $31 billion worth of ADA into 667,456 staking addresses. Staking allows crypto investors to generate rewards on their assets by depositing coins into […] The post $31,000,000,000 Worth of ADA Now Staked in Cardano As Smart Contract Launch Approaches appeared first on The Daily Hodl.

$31,000,000,000 Worth of ADA Now Staked in Cardano As Smart Contract Launch Approaches

Cardano (ADA) is in an uptrend but faces rejection at the $1.40 high. Today will be the second time the altcoin is facing resistance at the recent high. In the first rejection, the altcoin dropped to $1.21 low and resumed an upward movement.

Cardano in a Sideways Trend under $1.40 Overhead Resistance

June 29, 2021 – Oslo, Norway IAGON, a startup focused on leveraging blockchain to build a decentralized big data platform, has raised $3.4 million in seed and private funding from a group of reputable crypto-centric investment funds. The funding rounds were led by LedgerLink Labs and saw participation from Blockchain Israel, AU21 Capital, Kirin Fund, […] The post IAGON Raises $3.4M Funding To Build First Data Platform on Cardano appeared first on The Daily Hodl.

IAGON Raises $3.4M Funding To Build First Data Platform on Cardano

Polkadot

Despite the continued clampdowns on cryptocurrency exchanges and companies around the world, including the recent ban on Binance's regulated operations in the U.K.,the market is on the rise, with 24-hour gains ranging from 3.5% to 13% for tokens in the top 10.

Bitcoin Consolidates Around $35,000, Other Cryptocurrencies Including Ether, Polkadot, XRP And Cardano Post Considerable Gains

A prominent crypto trader and strategist unveils that he's buying Cardano at the expense of his Ethereum holdings. The pseudonymous trader known as Capo tells his 136,00 followers that Bitcoin is showing signs of strength after managing to stay above the key support of $30,000. “BTC. Good bounce so far. Remember that the longer the […] The post Top Analyst Selling Ethereum To Buy Cardano, Updates Crypto Outlook for Remainder of 2021 appeared first on The Daily Hodl.

Top Analyst Selling Ethereum To Buy Cardano, Updates Crypto Outlook for Remainder of 2021

Widely-followed crypto strategist Michaël van de Poppe says he's keeping a close watch on the price action of Cardano, Ethereum and two low-cap altcoins as the digital asset market continues to show signs of weakness. In a new tweet, Van de Poppe tells his 346,800 followers that while Cardano has recovered a key level against […] The post Cardano, Ethereum and Two Altcoins To Catch Fire if They Can Hold These Price Levels: Michaël van de Poppe appeared first on The Daily Hodl.

Cardano, Ethereum and Two Altcoins To Catch Fire if They Can Hold These Price Levels: Michaël van de Poppe

Closely-followed crypto analyst Michaël van de Poppe is updating his outlook on Cardano (ADA) and the rest of the markets at large. In a new strategy session, Van de Poppe says that should Bitcoin start showing new signs of strength, Cardano could be one of the first altcoins to respond to the action. The analyst […] The post Is Cardano the Strongest Altcoin on the Market? Analyst Michaël van de Poppe Updates Bitcoin and Crypto Outlook appeared first on The Daily Hodl.

Is Cardano the Strongest Altcoin on the Market? Analyst Michaël van de Poppe Updates Bitcoin and Crypto Outlook

Dogecoin

Crypto trader and the host of Altcoin Daily, Aaron Arnold, is listing nine crypto assets that he would invest in and hold over the next half a decade. Aaron says that he would allocate half of his portfolio to Bitcoin (BTC) as it is the gold standard for permissionless blockchains. “My first $500 out of […] The post Here Are the Top 9 Crypto Assets To Own for the Next Five Years, According to Altcoin Daily appeared first on The Daily Hodl.

Here Are the Top 9 Crypto Assets To Own for the Next Five Years, According to Altcoin Daily

Cardano founder and IOHK CEO Charles Hoskinson is interested in bringing Cardano (ADA) to El Salvador. On the heels of El Salvador's move to embrace Bitcoin as legal tender, Hoskinson is making an effort to bring the smart contract platform to the nation as well. Hoskinson says he's applied for a state visit to El […] The post Cardano in El Salvador? Charles Hoskinson Planning State Visit To Gauge Country's Crypto Ambitions appeared first on The Daily Hodl.

Cardano in El Salvador? Charles Hoskinson Planning State Visit To Gauge Country's Crypto Ambitions

After correctly calling the latest bitcoin and crypto sell-off, analysts at Wall Street giant JPMorgan have predicted the bitcoin price is likely to move lower over the medium term...

Crypto Price Alert: JPMorgan Issues Serious Bitcoin Warning As Ethereum, Binance's BNB, Cardano, XRP And Dogecoin Lose Billions

Cardano (ADA) is making positive moves to previous highs. The crypto fell to the previous low at $1.01 and recovered above the current support. The altcoin rallied to $1.24 and back up after a pullback.

Cardano Makes Positive Moves, but May Face Resistance at $1.40

Crypto analyst Benjamin Cowen thinks Cardano (ADA) is still one of the top racehorses of this market cycle, despite the sector-wide downturn in the markets this past week. In a new strategy session, Cowen tells his 467,000 YouTube subscribers that ADA is one of the few coins that has held up in the midst of […] The post Cardano Remains One of Top Racehorses This Market Cycle: Crypto Analyst Benjamin Cowen appeared first on The Daily Hodl.

Cardano Remains One of Top Racehorses This Market Cycle: Crypto Analyst Benjamin Cowen

Crypto trader Michaël van de Poppe outlines key areas to hold for Bitcoin, Ethereum and Cardano amid volatile price action across the crypto markets in the last 24 hours. In a new video, Van de Poppe tells his 106,000 subscribers that Bitcoin (BTC) must stay above a key level to avoid losing 20% more of […] The post Bitcoin, Ethereum and Cardano Must Hold These Key Areas To Avoid Another Sell-Off: Michaël van de Poppe appeared first on The Daily Hodl.

Bitcoin, Ethereum and Cardano Must Hold These Key Areas To Avoid Another Sell-Off: Michaël van de Poppe

Cardano creator Charles Hoskinson is looking at the protocol's longevity and whether it can compete with a series of planned upgrades to the smart contract leader, Ethereum. In an interview with Yahoo Finance, Hoskinson is asked whether ETH 2.0 has the potential to dampen enthusiasm for and adoption of Cardano. According to Hoskinson, who heads […] The post Will Ethereum 2.0 Threaten Rise of Cardano? Charles Hoskinson Assesses Odds That ETH 2.0 Is ‘Cardano Killer' appeared first on The Daily Hodl.

Will Ethereum 2.0 Threaten Rise of Cardano? Charles Hoskinson Assesses Odds That ETH 2.0 Is ‘Cardano Killer'

Input Output Hong Kong CEO Charles Hoskinson is sharing his views on how Cardano is different from its competitor Polkadot. In a new interview, Hoskinson tells artificial intelligence researcher Lex Fridman that Cardano (ADA) holds key fundamental advantages over blockchain ecosystem Polkadot (DOT). “The big contrasts between the two systems though, we actually are made […] The post Charles Hoskinson Highlights Key Differences Between Cardano and ‘Nice' Competitor Polkadot appeared first on The Daily Hodl.

Charles Hoskinson Highlights Key Differences Between Cardano and ‘Nice' Competitor Polkadot

Stellar

Emerging blockchain platform Cardano (ADA) and open-source blockchain payment platform Stellar Lumens (XLM) are capturing the attention of institutional investors, according to digital asset investment firm CoinShares. In a new report on the digital asset markets, CoinShares unveils that while many assets are bleeding institutional money, ADA and XLM are receiving positive inflows from big […] The post Institutional Money Moving to Cardano and Stellar As Bitcoin and Ethereum Take a Breather: CoinShares appeared first on The Daily Hodl.

News for Cardano Crypto (ADA)