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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.

Polygon

Solana

Cryptocurrencies the SEC characterized as securities in recent lawsuits led the drop among altcoins, while BTC traded mostly flat.

BNB Drops to 6-Month Low as ADA, MATIC, SOL Lead Altcoin Tumble

Cardano (ADA) creator Charles Hoskinson warns that crypto scams will proliferate with the emergence of generative artificial intelligence (AI). Hoskinson predicts in a new video that millions of dollars worth of Cardano will be lost one year from now as scams that employ generative AI take over.

Millions in Cardano (ADA) Will Be Stolen by Artificial Intelligence by This Time Next Year: Charles Hoskinson

The Securities and Exchange Commission (SEC) filed a lawsuit against Binance Holdings Ltd. on Monday, citing 12 coins as unregistered securities.

Cardano, Solana, Binance Token Among $115B Worth Crypto Now Labeled By SEC As Unregistered Securities

Other altcoins—including recent top gaming tokens SAND, MANA, and AXS— are securities too, the SEC argues.

SEC Claims Solana, Polygon, Cardano Are Securities in Binance Lawsuit

The U.S. SEC has called 12 tokens securities in a lawsuit against Binance, including BNB, SOL, MATIC and ADA. It did not mention ether.

Solana, polygon, cardano and other tokens are securities, says SEC in Binance lawsuit

Cardano ended a four-day losing streak on Friday, as markets responded to the latest U.S. nonfarm payrolls (NFP) report. Payrolls in May rose to 339,000, which was significantly higher than the expected sum of 190,000. Solana collided with a key resistance level in today's session.

Biggest Movers: ADA Snaps Losing Streak as Nonfarm Payrolls Beat Expectations

Cardano (ADA) price rises as it breaks through the moving average lines, but it remains below the 50-day SMA.

Cardano Is In A Range But Faces Rejection At The High Of $0.3850

Volumes surged from just over $1 million at the start of May to $18 million on Tuesday, data from Minswap shows.

Cardano DEX Minswap Sees Volume Jump Driven by SNEK, BANK Meme Coins

Bitcoin

Dogecoin

Ethereum

The chief executive of the world's largest crypto exchange Binance, has predicted China could be about to trigger the next bitcoin price bull run.

‘It's A Big Deal'—Crypto Suddenly Braced For A Huge China Earthquake After Bitcoin, Ethereum, BNB, XRP, Cardano, Dogecoin, Polygon And Solana Price Swings

Cardano (ADA) is still below the moving average lines.

Cardano Holds Above $0.35 Despite Rejection Of High At $0.38

Tron rose for a fourth consecutive session on Monday, pushing the token to an eleven-month high. The move comes despite current sentiment of uncertainty in the cryptocurrency market. Cardano was also higher, snapping a losing streak in the process.

Biggest Movers: TRON Nears 1-Year High, Whilst ADA Snaps 4-Day Bear Run

Cardano (ADA) creator Charles Hoskinson is weighing in on Ledger Wallet's latest move to offer an optional subscription that provides customers with a backup of their secret recovery phrase. The new product, Ledger Recover, allows users to recover their private keys through a comprehensive ID verification process.

Cardano Creator Charles Hoskinson Comments on Ledger Wallet Controversy, Says Social Contracts Shouldn't Be Broken

Cardano (ADA) is sliding below the moving average lines at the moment.

Cardano Is In A Range, But Risks Further Decline To $0.32

In an unprecedented development within the digital asset investment space, investors seem to be shying away from Bitcoin (CRYPTO: BTC) and looking toward alternative cryptocurrencies. Outflows from Bitcoin investment products have amounted to $38 million in the past week, contributing to a total of $160 million in outflows over the past four weeks.

Tron, Cardano, and Sandbox Surge As Investors Dump Bitcoin

Digital asset investment products saw a fourth consecutive week of outflows.

Cardano, tron, sandbox draw interest as investors shy away from bitcoin: CoinShares

Cardano's (ADA) decentralized finance (DeFi) ecosystem is evolving rapidly on the back of recent developments, according to the Ethereum (ETH) rival's developers. In a new update, Cardano developer Input Output Global (IOG) says that the introduction of ADA-backed stablecoin Djed has helped the DeFi ecosystem expand greatly as of late.

Cardano DeFi Taking Off As ADA-Backed Stablecoin Djed Unlocks Opportunities: Input Output Global

The tool, the first in a planned suite of products, aims to speed up transaction times on Cardano.

Cardano Scaling Node Hydra Head Goes Live on Blockchain's Mainnet

Cardano (ADA) is losing value as it falls below the moving average lines.

Cardano Continues To Drop To Low Of $0.32

The content-sharing platform LimeWire is integrating a number of cryptocurrencies for customers to purchase a new token for the ecosystem. According to LimeWire, the latest crypto added to the payment methods to purchase the LimeWire Token (LMWR) is XRP.

File-Sharing Giant LimeWire Integrates Cardano, XRP, Polygon and Others As Payment for New Token Launch

Cardano (ADA) creator Charles Hoskinson is warning that this year's collapse of US banks could cause a repeat of the 2008 financial crisis. In a new interview with Fox Business, the creator of the smart contract platform says that the US banking model is wearing thin as cryptocurrencies show resiliency under tough macroeconomic conditions.

Cardano Creator Charles Hoskinson Warns of 2008 Rerun As Current Banking Model Falls Apart

Cardano (ADA) was stuck between the moving average lines last week and was in a downtrend.

Cardano Loses Value, Threatens Drop To Low Of $0.35

Polkadot

A blockchain analytics platform is revealing that over the past 30 days, Polkadot (DOT), Kusama (KSM) and Cardano (ADA) have emerged as the top-three crypto assets in development activity. According to Santiment, the three smart contract-enabled blockchains all recorded over 400 GitHub commits over the last 30 days.

Polkadot, Kusama and Cardano Massively Dominating Crypto Assets in One Critical Metric: Santiment

Cardano was one of Wednesday's big movers, as bullish sentiment returned to cryptocurrency markets. Spurred by an apparent collapse of First Republic Bank, the global crypto market cap moved 7% higher, as of writing. Solana was also in the green, rising by nearly 9%.

Biggest Movers: ADA, SOL Jump 9% Higher on Wednesday

Total market capitalization has risen 4.1% in the past 24 hours on expectations of Fed easing, some investors said.

Bitcoin Inches Toward $29K; Cardano Leads Gains Among Crypto Majors

Cardano (ADA) is losing value and continues to consolidate above the $0.37 support.

News for Cardano Crypto (ADA)