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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 been moving sideways after the price drop on June 10.

Cardano Positive Moves Dwindle As It Faces Rejection At $0.28

BIT's unified margin system allows ADA holders to trade options at a discount.

Crypto Exchange BIT Unveils Options Market for Cardano's ADA Token

Ethereum

Crypto market capitalization rose 5% likely as sentiment rose on the back of two institutional bitcoin plays in the past week.

Cardano, Ether Surge as Bitcoin-Led Rally Sees Short Traders Lose $125M

Moving average crossovers are lagging Indicators. That said, the latest death cross is consistent with the dour regulatory outlook.

Cardano's ADA Paints 'Death Cross' Amid Regulatory Uncertainty

Bitcoin

Dogecoin

Polygon

Solana

The timing of the filing, amid high-profile regulatory actions towards crypto from the SEC, shows that BlackRock sees a strong opportunity to be among the first to inv

‘A New Wave'—Major Bank Reveals A $15 Trillion Earthquake Could Be Headed For The Bitcoin, Ethereum, BNB, XRP, Cardano, Dogecoin, Tron, Solana And Polygon Price

The upgrade 8.1.1 also contains software patches for minor issues from a previous node version.

Latest Cardano Node Upgrade Goes Live on Mainnet

Cardano's (ADA) bear market likely has a ways to go before bottoming out, according to closely followed crypto analyst Benjamin Cowen. In a new strategy session, Cowen says that based on past market cycles, ADA may need the rest of 2023 to find a bottom.

Cardano (ADA) Downtrend Could Last Five More Months, Says Analyst Benjamin Cowen – Here's His Outlook

Digital assets manager CoinShares says institutional investors are eyeing up altcoins as crypto markets suffer outflows for the ninth week in a row. In its latest Digital Asset Fund Flows Weekly Report, CoinShares finds that institutional investors sold off $5.1 million in crypto holdings last week, significantly less than in the previous eight weeks.

XRP, Cardano (ADA) and Polygon (MATIC) See Institutional Flows After Big Altcoin Discount: CoinShares

Expectations are climbing that an economic stimulus package out of China could "inflate everything"

Forget The Fed—China Is Gearing Up To ‘Rip In Trillions Of Dollars' As The Price Of Bitcoin, Ethereum, BNB, XRP, Cardano, Dogecoin, Tron, Polygon And Solana Swing

Crypto marketplace Bakkt has reportedly delisted the Ethereum (ETH) competitors Cardano (ADA) and Solana (SOL), as well as the blockchain scaling solution Polygon (MATIC). Last week, the U.S. Securities and Exchange Commission (SEC) labeled all three of the delisted tokens “crypto asset securities” in lawsuits against the exchanges Binance and Coinbase.

NYSE-Backed Crypto Marketplace Bakkt Delists Cardano, Solana and Polygon After SEC Calls Them Securities: Report

New York-based digital assets platform Bakkt has decided to remove three major cryptocurrencies Solana (CRYPTO: SOL), Polygon (CRYPTO: MATIC), and Cardano (CRYPTO: ADA) from its listings. This move comes not long after Bakkt acquired Apex Crypto, a trading infrastructure provider, for $155 million.

Bakkt's Crypto Cleanup: SOL, MATIC, And ADA Get The Boot Pending 'Further Clarity' From SEC

Chainlink

One crypto analyst is updating his outlook on Cardano (ADA), Polygon (MATIC) and Chainlink (LINK) against Bitcoin (BTC) as the altcoin market flashes weakness.

Trader Maps Cardano, Polygon and Chainlink's Paths Forward Against King Crypto Bitcoin – Here's His Outlook

According to a Fortune report published on June 16, the cryptocurrency asset platform Bakkt is delisting three cryptocurrencies due to the current regulatory climate. Bakkt's general counsel stated that the platform will expand its coin offering once there is “further clarity.

Bakkt Takes Proactive Measures, Delists Polygon, Solana, and Cardano Amid Regulatory Crackdowns

The publicly-listed company is waiting for further regulatory clarity.

Bakkt to Delist Solana, Cardano and Polygon Following SEC Lawsuits

Bakkt has delisted Solana, Polygon and Cardano due to regulatory uncertainty following the SEC's lawsuits against Binance and Coinbase.

Bakkt delists Solana, Polygon and Cardano amid regulatory uncertainty: Fortune

After the largest altcoins, Bitcoin is also shedding value as the crypto market continues to digest yesterday's fed notes.

Ethereum, Cardano, and Dogecoin Lead Weekly Crypto Losses

Losses on major tokens extended to over 7.4% in the past 24 hours, data shows.

XRP, ADA Lead Declines in Major Cryptocurrencies as Bitcoin Drops Below $25K

The price of Cardano (ADA) is still below the expected price level, although it is in decline.

Cardano Consolidates Above $0.27 And Reaches Bearish Boundary

Avalanche

A leading crypto analytics platform reveals that more than half of Bitcoin (BTC) owners are in profit while an overwhelming majority of those who invested in Cardano (ADA) and Avalanche (AVAX) are nursing losses.

Most Bitcoin Holders in Profit As Over 90% of Cardano and Avalanche Investors Sit Underwater: IntoTheBlock

Cosmos

Cardano climbed higher to start the week, as bulls moved to buy the recent dip in price. The token dropped by over 30% over the weekend, as traders continued to react to the Robinhood delisting. Cosmos also rebounded, moving away from a one-year low.

Biggest Movers: ADA, ATOM Rebound on Monday, as Bulls Buy Recent Dip

The blockchain research and engineering company has cut jobs as it pivots to a smaller venture studio business model.

Cardano Developer IOG Restructures to Venture Studio Model, Lays Off Some Staff

The tokens were up as much as 5% in the past 24 hours even as the broader market remained nominally changed.

SOL, ADA, MATIC Prices Stabilize as Foundations Hit Back on SEC Lawsuit Allegations

Robinhood Markets, the popular online brokerage, has announced the removal of three cryptocurrency tokens from its platform.

Robinhood Delists Crypto Assets Deemed Securities by SEC

Although all disagreed, each organization tied to the trio of tokens show varying levels of conviction.

Solana, Cardano, Polygon Push Back Against SEC 'Security' Label

Cardano fell by over 25% on Saturday, as traders continued to react to the token being delisted from the Robinhood platform. The global cryptocurrency market cap is currently down by nearly 6%, following these developments. Polygon, which was also delisted, dropped to a one-year low to start the weekend.

News for Cardano Crypto (ADA)