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 price of Cardano (ADA) has recovered above the low of $0.68 and the 50-day SMA support.

Cardano Rises, But Stops At $0.75

Chainlink

XRP spikes 10%, XLM and LINK follow with double-digit rallies as Ripple's multi-year battle with the SEC ends.

XRP Leads Double Digit Altcoin Rally as Cardano, Chainlink and SUI Surge

Midnight Network, a privacy-focused sidechain in the Cardano ecosystem, has initiated its first token distribution phase for NIGHT, targeting users across eight major blockchains to reframe cross-chain value allocation.

Cardano's Midnight Begins NIGHT Airdrop Across Eight Chains in Privacy-Powered Rollout

Charles Hoskinson said the issue was flagged in July, but Ledger has yet to provide an update.

Cardano Founder Explains Why Some ADA Holders Missed Out on Glacier Airdrop

Cardano (ADA) fell about 3% in the past 24 hours as part of a continuing crypto market sell-off since the end of last week. It was recenlty trading at $0.72.

Cardano Drops 3% as Market Sell-Off Persists, Midnight Airdrop Sparks Volatility

Cardano's core development team, Input Output Global (IOG), secured approval for a $71 million treasury allocation to fund 12 months of network upgrades following a drawn-out governance vote that drew concerns around transparency, accountability and cost.

Cardano Community Approves $70M Core Dev Budget, Boosting ADA Prospects

The price of Cardano (ADA) has fallen from a high of $0.93 to a low of $0.72.

Cardano's Decline Continues To $0.66

Bitcoin

Filecoin

Pepe

A closely followed crypto analyst says that one metric suggests Bitcoin (BTC) may decline to under $110,000 after losing a key support level.

Trader Says All Eyes on One Bitcoin Level After BTC Loses Critical Support Line, Updates Outlook on Cardano and Three Other Altcoins

The price of Cardano (ADA) has continued to rise, reaching a high of $0.93.

Cardano Pulls Back, But Reaches The Low Of $0.77 Again

Dogecoin

The crypto market is once again knocking on the $4 trillion door but just can't seem to walk through it.

Dogecoin, Cardano, XRP See Profit-Taking, BNB Crosses $800 as Economists See Lower Chances of July Rate Cut

Ondo 

Worldcoin 

A widely followed analyst believes that five altcoins are poised for more rallies as tens of billions of dollars in capital flow into the crypto market.

Analyst Predicts Rallies for XRP, ADA, DOGE and Two Additional Altcoins Amid $74,500,000,000 Capital Inflows Into Crypto

Ethereum

Solana

Ether (ETH) extended its climb over the weekend, jumping past $3,770 as capital shifted from bitcoin (BTC) to major tokens.

What Are Traders Saying as Solana Reclaims Spotlight? ETH, DOGE, ADA See Profit-Taking

The price of Cardano (ADA) has maintained an uptrend and remains above the moving average lines.

Cardano Threatens To Fall Below The $0.82 Mark

The price of Cardano (ADA) has risen above the moving averages for the first time since May 30.

Cardano Pauses At The $0.75 Threshold

Cardano Foundation, a not-for-profit organization that develops and supports the Cardano network, said it spent $22.1 million on its three core areas last year, a 15% increase from 2023.

Cardano Foundation Increased Spending on Core Areas by 15% Last Year

The price action of Cardano (ADA) has remained steady, with the cryptocurrency trading above the $0.54 support but below the moving average lines or the $0.60 resistance.

Cardano Drops But Struggles Above $0.57

Cardano's native token (ADA) rose more than 6% over the past 24 hours as trading volume spiked overnight amidst a broader crypto rally.

Cardano's ADA Rises as Altcoin Trading Volume Surges Amid Broader Rally

Though the agency greenlit the partially altcoin-exposed ETF this week, it also paused the approval until further notice.

SEC Hits Pause on Grayscale's XRP, Solana and Cardano ETF Conversion

Cardano (ADA) continues to trade above the support level of $0.50 after its decline on 22 June.

Cardano Holds Above The Important Support Level Of $0.50

The regulator approved Grayscale's bid to convert a fund primarily focused on Bitcoin, but also holding other major cryptocurrencies, into an exchange-traded fund.

Grayscale ETF Holding XRP, Solana and Cardano Receives SEC Green Light

The Securities and Exchange Commission (SEC) has approved the conversion of Grayscale's Digital Large Cap Fund (GDLC) into a spot exchange-traded fund (ETF), a filing shows.

SEC Approves Grayscale ETF That Includes BTC, ETH, SOL, XRP, ADA

Litecoin

The banking titan JPMorgan is piloting a US dollar-backed permissioned deposit token on the Ethereum (ETH) layer-2 scaling solution built by the American crypto exchange Coinbase. In a statement, Coinbase says that JPMorgan is launching the token called JMPD on Base through its blockchain business unit Kinexys.

Financial Giant JPMorgan To Launch USD-Backed Deposit Token on Base As Coinbase's Layer-2 Scaler Rolls Out Support for Cardano and Litecoin

Crypto exchange Coinbase has added new ways for crypto holders to make use of Cardano and Litecoin on its Base network.

Coinbase Brings Cardano and Litecoin to Base, Joining DOGE and XRP

Coinbase has launched two additional wrapped tokens on its Base Ethereum Layer 2 network — cbADA and cbLTC.

Coinbase's wrapped ADA and LTC tokens go live on Base

Coinbase has introduced cardano's ADA ADA and litecoin LTC on its Ethereum layer-2 network Base via cbADA and cbLTC.

News for Cardano Crypto (ADA)