ADA, Cardano's native cryptocurrency, is currently showing a bullish trend despite the bear market and is trading around $0.30. However, some signals indicate that a potential decline in the asset's valuation cannot be ruled out.
ADA, Cardano's native cryptocurrency, is currently showing a bullish trend despite the bear market and is trading around $0.30. However, some signals indicate that a potential decline in the asset's valuation cannot be ruled out.
Usually, when the SEC classifies any token as a “security,” it is followed by sanctions for fraud or illegal sale of an “unregistered security.” And to make matters worse, the digital asset witnesses a plunge in its price. Three famous crypto projects, Solana, Cardano, and Polygon, recently concerned about the actions of the SEC, are taking a stand to avoid the worst.
ADA, the native cryptocurrency of Cardano, is now among a list of 61 cryptos classified as securities. A legal expert believes that the reasons behind this SEC classification don't hold up. Here's his analysis.
Despite their immense growth potential or market situations that support price increases, certain cryptocurrencies may not be appreciated at their true value. At least, that's what Santiment suggests. The cryptocurrency analysis platform recently tweeted that altcoins like XRP, ADA, and SHIB are currently undervalued.
What does the SEC really want by shaking up Binance? The collapse of the crypto industry or its regulation? Many see Gary Gensler and his team's recent initiatives as developing a visceral hatred towards the cryptosphere. In addition to targeting the world's largest exchange, they have also decided to go after 10 tokens traded on the secondary market, such as Cardano's ADA.
The revolution of smart contracts is right at our doorstep with Marlowe, an innovation by Cardano (ADA). This domain-specific language (DSL) aims to democratize access to contracts and financial agreements without the need for programming expertise. Marlowe's first steps on the Cardano mainnet herald a promising future for smart contracts.
Cardano has been experiencing turmoil and a rollercoaster-like evolution since the beginning of the year, which led some observers to believe that the project still held promise. Is that still the case?
As a blockchain platform, Cardano (ADA) stands out from other crypto protocols. Since its launch, the project has embraced an innovative approach, particularly in the field of decentralized finance (DeFi). In recent months, significant progress has been made, with the Total Value Locked (TVL) in the Cardano ecosystem reaching a major milestone, approaching 400 million ADA.
Snek (SNEK) is a memecoin that was recently launched on the Cardano blockchain. Typically, Charles Hoskinson posts about the latest developments in the Cardano ecosystem. However, lately, the founder of Cardano tweeted about the new memecoin. The community didn't miss the sudden interest of the founder in SNEK, especially at a time when memecoins are all the rage.
The Cardano Foundation, a Swiss non-profit organization, has released its first annual report, revealing its numerous accomplishments in 2022. The report highlights the Foundation's work in supporting the development and adoption of Cardano, a blockchain platform that competes with Ethereum. The Foundation also managed to propel ADA onto a dozen new exchanges. Let's discover together the highlights of this report.
Every day, there seems to be news of advancements in Cardano, which is pleasing the whales and pushing them to fill up on ADA frequently. Last weekend, the network's transactions were at their highest.
With the appearance of Cardano Bitcoin (cBTC), decentralized finance (DeFi) could see major changes by integrating bitcoin with the Cardano blockchain in a decentralized and secure manner. This ambitious project raises questions about its potential and the challenges of taking advantage of the liquidity offered by the market's leading cryptocurrency.
The crypto market seems to be regaining height since the beginning of the year. Some Altcoins are gradually climbing back up after hitting their DIPs. Price forecasts could be positive for some tokens, estimates this crypto analyst. He analyzed FTM, XRP, Cardano and Solana, cryptos that have shown a bull…
Cardano is a decentralised project led by Ethereum alumnus Charles Hoskinson. He took advantage of the craze around Bitcoin and cryptocurrencies to finance his own project. Hoskinson successfully raised $62 million (approximately £45 million) in January 2018 through an ICO (Initial Coin Offering). How has it fared since then? Let’s…