Latest News

Cardano (ADA) has garnered much interest since the Chang hard fork upgrade. Despite the bearish sentiment that has engulfed the broader cryptocurrency market since September, ADA appears ready to extend its gains.

Cardano (ADA) has undergone significant developments recently, especially with the successful implementation of the Chang Hard Fork, marking the beginning of the Conway Era. This major upgrade has introduced new decentralized governance models to the blockchain, allowing ADA holders to directly vote on decisions that impact the network.

Cardano (ADA) has set a new record in daily trades, amounting to over 36K.

The price of Cardano (ADA) could be gearing up for a substantial price rally to new highs as a crypto analyst has identified an “insane bullish divergence” in the ADA/BTC price chart. This unique technical pattern has sparked expectations of a potential 10X rally in ADA's price.

Cardano nears key support as whale activity and active addresses surge

Cardano's development team, Input Output (IOHK), and decentralized network Hedera have become founding members of the Decentralized Recovery Alliance (DeRec Alliance).

The native token of the Cardano blockchain, ADA, has lost around 12% of its value over the past week amid a wider cryptocurrency market decline that saw Bitcoin ($BTC) plunged to around $54,000 after losing 8% of its value over the same period.

ADA holders have been anxiously awaiting clarity on how the changes will impact their staking rewards. Charles Hoskinson, the founder of Cardano, has stepped in to dispel fears, confirming that ADA holders who choose not to participate in the new governance mechanisms will not lose their staking rewards.

Early Friday morning saw the movement of some previously dormant Cardano (ADA) coins. This was accompanied by a spike in the coin's daily active addresses, signaling an uptick in trading activity.

Cardano dropped 57% when the Federal Reserve cut rates back in 2019. With another rate cut on the horizon, the cryptocurrency faces a similar setup that could bring major downside.

The deployment of FET on Cardano could significantly enhance the development of decentralized AI, promoting broader adoption and interoperability. The post SingularityNET, Fetch.ai, and Ocean Protocol launch FET token on Cardano appeared first on Crypto Briefing.

Bitcoin bears have pulled the price below the support of the range, starting a potential downtrend toward $49,000.

Input | Output, the research and engineering entity behind Cardano, along with Hedera, have been named the final founding members of the Decentralized Recovery (DeRec) Alliance, a new coalition aimed at fostering interoperability and enhanced security across the crypto industry.

In a new video analysis, popular crypto analyst Dan Gambardello delved into the potential future of the Cardano (ADA) price amidst the troubling forecasts of a US recession. With a significant following of 369,000 on YouTube, Gambardello highlighted the general unease among ADA holders and general crypto investors due to the ongoing economic discourse surrounding a potential recession.

Cardano's $ADA is today performing the worst among the 15 biggest cryptocurrencies by market capitalization.

In a week full of big tech news in the Cardano ecosystem, one of the oldest crypto exchanges, Bitstamp, named Cardano (ADA) as one of the top trends, getting a lot of attention.

TL;DR Charles Hoskinson strongly opposes the proposal to burn 1.5 billion ADA tokens, arguing it would be theft from Stake Pool Operators (SPOs) and ADA holders. The Cardano community is divided: some see the burn as a way to increase ADA's value, while others believe the funds should support Cardano's development.

Latest updates on SHIB, ADA, and HNT coins.

Cardano has been in the limelight lately, not only because it has slightly increased in price but also due to its forecasted surge. According to predictions, ADA may surge up 16% and reach as high as $0.37 by October 2024.

Charles Hoskinson, the founder of Cardano, has voiced opposition to burning the blockchain network's over 1.5 billion ADA treasury tokens, which are worth around $500 million. On Sept. 5, Hoskinson, in a social media post on X, pointed out that the treasury assets weren't just preprinted tokens but were generated through block production and transactions.

Charles Hoskinson, the founder of Cardano, has responded to calls from the community for a burn mechanism to be implemented for Treasury assets.

This week, we take a closer look at Ethereum, Ripple, Cardano, Binance Coin, and Solana. Ethereum (ETH) Ethereum continued its downtrend this week and broke below the key support at $2,400, closing with a 6% loss.

A major milestone in Cardano's evolution is the recent activation of the Chang Hard Fork, which marks the start of on-chain governance under the Voltaire era.

This week in crypto has seen significant advancements, with Polygon's MATIC token transitioning to POL as part of its 2.0 roadmap and Cardano's much-anticipated Chang hard fork going live.