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The nonprofit foundation supporting the Cardano ecosystem, the Cardano Foundation, has revealed in a recent report that as of Dec.31, 2023, it held $478.24 million in assets, with 82.5% of those being held in ADA, 10.1% in BTC, and the rest in cash and cash equivalents. According to the report, the foundation allocated $19.
Cardano (ADA) price has surged 52% in the last seven days, but has seen a pullback of over 5% in the past 24 hours. Despite the recent rally, there are signs that the current uptrend might be losing momentum.
Given that its price recently hit the $0.00003 mark, Shiba Inu has been showing encouraging growth potential. As the market expects more gains, this increase demonstrates the SHIB community's renewed interest and momentum.
Robinhood expanded its crypto offerings for US investors, adding Solana (SOL), Cardano (ADA), XRP, and Pepe (PEPE) to its lineup. This brings Robinhood's total crypto offerings to 19 assets.
The crypto-friendly trading app Robinhood has considerably expanded its altcoin offering for its United States customers just a week after Donald Trump's reelection as the next U.S. president, which is expected to usher in a more favorable regulatory environment for crypto.
Widely followed analyst Benjamin Cowen is issuing a warning on Cardano (ADA) as the Ethereum (ETH) rival rallies. In a new video, Cowen tells his 822,000 YouTube subscribers that ADA could suddenly turn bearish against Bitcoin (ADA/BTC) on the weekly timeframe, similar to what happened in December 2020.
Retail trading giant Robinhood is announcing the addition of new crypto assets to its burgeoning suite of products. In a new press release, Robinhood says its adding smart contract platforms Solana (SOL) and Cardano (ADA), memecoin Pepe (PEPE), and XRP.
Renowned for its emphasis on sustainability and scalability, the blockchain platform Cardano has seen a notable increase recently. ADA, its native token, is surging nearly 80% in the last week, to the delight of investors.
Robinhood, the prominent crypto trading platform has relisted Solana (SOL), Cardano (ADA), and Ripple (XRP) on its platform. It also added PEPE to its offerings. Coins Rally Post Listing News This move follows significant customer dissatisfaction after the removal of SOL when the SEC classified it as a security.
Charles Hoskinson and Brad Garlinghouse let bygones be bygones, stirring speculation of a Cardano-Ripple tie-in.
Bitcoin is showing no signs of stopping its advance toward $100,000, and several altcoins look poised to follow.
Cardano's native token ADA has performed exceptionally well in the past few days despite struggling as one of 2024's worst-performing cryptocurrencies.
On Wednesday, the Cardano Foundation- a not-for-profit entity responsible for developing and maintaining the Cardano network- released its first-ever Financial Insights Report. It detailed how it spent funds in 2023, totaling $19.22 million across operations, education, and adoption.
Recently, Robinhood announced that it will list PEPE, Solana (SOL), Cardano (ADA), and XRP, a strategic move that could have a significant impact on the market and the spread of cryptocurrencies.
The Cardano Foundation has released its first Financial Insights Report, disclosing that its assets totaled $478.24 million as of Dec. 31, 2023, according to a Nov. 13 statement shared with CryptoSlate. Of the reported assets, the Foundation holds 82.7% in ADA, 10.1% in Bitcoin, and the remainder in USD liquidity.
Robinhood pared back its crypto listings amid an industry-wide crackdown last year, but it's brought a couple back—along with newcomers.
TL;DR The Cardano Foundation presented its first financial report, detailing the allocation of resources and achievements in key areas for 2023. The organization allocated $19.22 million to operational resilience, education, and adoption, in addition to $4.55 million for central operating expenses.
For the first time in history, the Cardano Foundation has published a Financial Insights Report, showing it holds $478.24 million in assets, mainly in ADA, with a bit of Bitcoin sprinkled in. CEO Frederik Gregaard, who's driving this “open-book” approach, says the report goes hand-in-hand with Cardano's 2023 Activity Report.
The Cardano community is buzzing with expectation as the much-awaited Chang 2 hardfork brings two significant updates this week.
Robinhood has reinstated Solana (SOL), Cardano (ADA), and Ripple (XRP) on its platform, while also adding PEPE to its listings. This follows the earlier removal of SOL, prompted by the SEC's classification of the token as a security.
Robinhood adds SOL, PEPE, ADA, XRP, Coinbase adds PEPE
Robinhood's relisting of major altcoins may boost user engagement and diversify investment portfolios, enhancing crypto market accessibility. The post Robinhood US relists SOL, ADA, and XRP, introduces PEPE appeared first on Crypto Briefing.
The Cardano Foundation, a not-for-profit organization supporting the Cardano network, disclosed its Bitcoin holdings in its 2023 Financial Insights Report. The foundation's Bitcoin reveal highlights the increasing adoption of the world's leading digital assets among prominent blockchain networks.
Robinhood has relisted Solana (SOL), Cardano (ADA), and Ripple (XRP) on its US platform and added PEPE to its offerings. This move follows significant customer dissatisfaction after the removal of SOL earlier this year when the SEC classified it as a security.
