Cardano

Cardano is a public blockchain platform. It is open source and decentralized, with consensus achieved using proof of stake. It can facilitate peer-to-peer transactions with its internal cryptocurrency Ada.

Ethereum will beat Bitcoin 9 times out of 10, says Cardano founder Charles Hoskinson

Charles Hoskinson, the controversial CEO of IOHK and founder of Cardano (ADA), recently took a hard line at Bitcoin (BTC) in an interview with Lex Fridman. According to Hoskinson, bitcoin is beginning to lag behind other cryptocurrencies due to the outdated underlying blockchain technology. He believes that proof-of-work (PoW) networks will be overtaken by proof-of-stake (PoS) networks. “The probl...[Read More]

Crypto Investors Are Bullisher Than Ever, Especially on Bitcoin (BTC) and Cardano (ADA): Research

Cryptocurrency investors are more bullish about the future than ever. That’s according to a new survey from Voyager Digital, published June 15 on Business Insider. Voyager surveyed 3,671 traders from its own trading platform. The results showed that 7 out of 10 respondents are bullish about the price of bitcoin (BTC) for the next three months, despite the massive crash in April and May. 28% ...[Read More]

Cardano and Several Altcoins Will Rally, According to Crypto Analyst Michaël van de Poppe

Crypto trader and analyst Michaël van de Poppe is looking at the potential future price action of Cardano (ADA) and five low-cap altcoins. In a new tweet, the crypto strategist tells his 335,100 followers that he’s keeping a close watch on Cardano. Amid weakness in the broader crypto markets, the smart contract platform continues to flash bullish signals against Bitcoin (ADA/BTC). “Still showing m...[Read More]

Cardano (ADA) logs the most GitHub ‘commits’ ahead of “Fund4”

Most of the top 100 tokens are red today. But despite the market uncertainty, it’s business as usual for Cardano (ADA). Github activity data puts the number five token as the most active of all projects. Also, with the Fund4 Project Catalyst (PC) vote opening next Tuesday, ADA holders will have the opportunity to shape Cardano’s future further. Despite fears of a price dip, Cardano continues worki...[Read More]

Cardano (ADA) Struggles to Find Footing After Fall From Highs

Cardano (ADA) has been decreasing since May 16 but is still trading above its previous 2018 all-time high level. It’s likely that the token revisits the long-term ascending support line and potentially the $1.05 area once more. Long-term Cardano movement Cardano has been falling since May 16, when it reached an all-time high price of $2.46. However, the decrease served to validate the previous all...[Read More]

Top 5 cryptocurrencies to watch this week: BTC, ETH, ADA, SOL, THETA

When the sentiment in the market turns bearish, every bit of negative news, however insignificant, pulls the price down as traders panic sell. This is what happened after China’s social media giant, Weibo, suspended a number of crypto-related accounts and triggered fears that a wider crackdown could occur. In other news, a note from Goldman Sachs said their meetings with 25 chief investment office...[Read More]

Polygon’s MATIC Token Ended May Up 120% Despite Bitcoin’s Price Crash

Surging usage of Polygon Network’s Ethereum layer 2 scaling solution allowed that platform’s token (MATIC) to largely escape the fate of other cryptocurrencies in May brought down by crash in the price of bitcoin. MATIC, currently ranked 18th as per market capitalization by Messari, rallied 120% in May even as bitcoin fell by 35%. Ether, polkadot, cardano, XRP, and decentralized finance (DeFi)-blu...[Read More]

Cardano’s (ADA) Alonzo Testnet First Update Shared by IOHK

Representatives of Cardano (ADA) development team Input Output HK have informed the community about the process of testing Alonzo mechanisms. “Good first week” According to a statement by Input Output HK shared on its official Twitter account, the first phases of Alonzo testnet, dubbed Blue, have successfully concluded. #ALONZO UPDATE: We’ve had a good first we...[Read More]

Bitcoin (BTC) price recovers after FUD, but cardano and ethereum rise faster; this altcoin almost almost 30%!

After Elon Musk’s little adventure on Twitter yesterday, the bitcoin (BTC) price has risen nicely since yesterday afternoon. The symmetrical triangle in which bitcoin has been trading for a long time held, but we see the trading volume decrease again. With the altcoins we see the prices rise even faster, but who is the fastest riser? Bitcoin (BTC) creeps to the top of the triangle again Bitc...[Read More]

Cardano’s (ADA) Charles Hoskinson and Ethereum’s (ETH) Vitalik Buterin Make Peace

In the past, the founder of Cardano (ADA) and CEO of IOHK sometimes lashed out at Ethereum (ETH). Hoskinson recently stated that the main “Ethereum Killer” would be Ethereum itself. Hoskinson believed the project was doomed to fail in the end. Ethereum founder Vitalik Buterin also had little good to say about Cardano and Hoskinson. The relationship between the two was difficult to say the least. D...[Read More]

Ethereum (ETH) Founder Vitalik Buterin Admits Ethereum 2.0 Is Taking Longer Than He Expected

Vitalik Buterin, founder of Ethereum (ETH), recently spoke about the roadmap to Ethereum 2.0 at the Virtual Fintech Forum in Hong Kong. Ethereum is currently undergoing a major switch. The blockchain network is moving from a proof-of-work (PoW) protocol to a proof-of-stake (PoS) protocol. That should make the network faster, safer and more economical, but Buterin admits that it all takes longer th...[Read More]

Ethereum (ETH) more popular than bitcoin (BTC) with institutional investors, this report shows

Halfway through last month, a report from CoinShares revealed that there was a huge outflow of bitcoin (BTC) investments. Large institutional investors took their money from bitcoin positions and reinvested it in altcoins. The most important of these altcoins was, of course, ether (ETH). More than $48 million dollars was invested in ether at the time at the expense of bitcoin. Once again CoinShare...[Read More]

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