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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) is in a downtrend after falling to a low of $0.29 and then recovering. Buyers are trying to push ADA back into the $0.31 to $0.38 range.

Cardano Declines and Retests $0.31 as It May Further Decline

Ethereum

Bitcoin

Polkadot

Litecoin

Polygon

The trader known for accurately predicting this year's crypto market collapse is setting downward price targets for a slew of different altcoins in anticipation of another capitulatory event. The pseudonymous trader known as Capo tells his 673,000 Twitter followers that currently, every bump in crypto prices should be treated as an opportunity to sell.

Trader Who Called This Year's Collapse Sets Price Targets for Ethereum, Cardano, Tron and Three Other Altcoins

Emurgo, the official commercial arm and founding entity of the Cardano (CRYPTO: ADA), recently announced the launching of the first fully fiat, regulatory compliance stablecoin in the Cardano ecosystem.  The USDA (CRYPTO: USDA) will be in compliance with regulations thanks to cooperation with an unnamed U.S.-based financial services company that will act as the stablecoin's banking partner.

Cardano Will Launch USDA — Its U.S. Dollar-Backed, Regulated Stablecoin — In Early 2023

Cardano (ADA) creator Charles Hoskinson says that Input Output Global (IOG) is gearing up to launch a new altcoin and blockchain designed to protect a user's privacy.

Cardano Developer Working on New Privacy-Focused Altcoin and Blockchain, According to Charles Hoskinson

Cardano will have its first decentralized stablecoin in January, according to details emerging from the Cardano Summit. The post Cardano-based decentralized stablecoin Djed will hit mainnet in January appeared first on The Block.

Cardano-based decentralized stablecoin Djed will hit mainnet in January

The widely followed crypto analyst who nailed this year's Bitcoin (BTC) collapse says the king crypto is likely on its way to new bear market lows. The pseudonymous analyst Capo tells his 665,000 Twitter followers that he believes rallies in the crypto markets are meant to trap bulls.

Crypto Analyst Who Accurately Called 2022 Bitcoin Crash Sets New Price Targets for BTC and Cardano

The commercial branch of the Cardano (ADA) blockchain is revealing plans to launch a new fiat-backed crypto asset pegged to the US Dollar. In a new announcement, EMURGO says that it is gearing up to launch USDA, the first ever USD-backed stablecoin for the Cardano ecosystem, early next year.

Cardano (ADA) Commercial Arm Unveils Plan To Launch Fiat-Backed Stablecoin Pegged to US Dollar

Charles Hoskinson, CEO of the firm that's behind Cardano, says the network will strive to preserve privacy while giving access to regulators and auditors.

Cardano Is Launching New Privacy Blockchain and Token

Emurgo, Cardano's official arm, said its USDA stablecoin will be pegged to the U.S. dollar and will be introduced early next year. The post Cardano developer Emurgo to issue fiat-pegged stablecoin called USDA appeared first on The Block.

Cardano developer Emurgo to issue fiat-pegged stablecoin called USDA

The launch follows IOG's investment in hubs and funding at Stanford and Carnegie Mellon in the U.S.

Cardano Blockchain Builder IOG Funds $4.5M Research Hub at Edinburgh University

The price of Cardano (ADA) fell to a low of $0.31 on November 9, indicating a downward trend. The cryptocurrency's price has been hovering between $0.31 and $0.38 over the past week.

Cardano Resumes Selling Pressure as It Faces Rejection at $0.35

The co-creator of Ethereum (ETH) rival Cardano (ADA) is warning investors that there will be more fallout from crypto exchange FTX's recent collapse. In a new video update, Charles Hoskinson says that the disintegration of FTX may push lawmakers to bring about new regulations for the digital assets industry.

Cardano (ADA) Founder Charles Hoskinson Issues Warning, Says FTX Collapse Will Bring More Fallout

Cardano (ADA) creator Charles Hoskinson warns that the FTX crypto exchange fiasco is likely to have negative implications for the digital asset industry. In a new video, Hoskinson says that while the liquidity troubles facing FTX won't directly affect the Cardano ecosystem, they will “cause issues” for the crypto industry.

Cardano Creator Charles Hoskinson Says FTX Implosion Will Cause Issues for Whole Crypto Industry – Here's Why

Cardano (ADA) has fallen below its moving average line, signaling a downturn in the cryptocurrency. The initial downturn forced the altcoin to fall to its low of $0.34 on November 8.

Cardano Loses $0.37 Support as It Resumes Selling Pressure

Cardano (CRYPTO: ADA) is trading near session lows, down by 9.48% to $0.37 per Benzinga Pro, going into the close of Tuesday's U.S. trading session.

Here's Why Cardano (ADA) Is Nosediving 9% Lower Today

Algorand

Hedera

Stellar

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Solana

Coinbase earned $120 million in revenue from blockchain rewards in the first nine months of 2021. Over the same period in 2022, that grew by 77% to $213 million.

Coinbase Earnings Shows Uneven Growth in Ethereum, Solana and Cardano Staking

Cryptocurrency analyst Jason Pizzino is expressing bearish sentiment on two top-ten altcoins while signaling a bearish outlook on one altcoin. Starting with Polygon (MATIC), Pizzino tells his 278,000 YouTube subscribers that the Ethereum (ETH) scaling solution is making higher lows, a bullish signal.

Polygon Showing Strength but Cardano and One Ethereum Rival Flashing Bearish Signal, Says Top Crypto Analyst

Dogecoin

A popular crypto strategist says a trio of altcoins are in the process of taking out key resistance levels on the weekly or monthly time frame.

Breakouts Underway for Ethereum, Cardano and Dogecoin, Says Top Analyst – Here Are His Price Targets

Cardano (ADA) is in a downtrend, but buyers have been trying to keep the price above the moving average lines. The uptrend was rejected at the $0.44 resistance.

Cardano's Upward Correction Is Thwarted As It Hits $0.37 Low Again

A widely followed crypto strategist says that smart contract platform Cardano (ADA) is hovering at a price area that could offer massive upside potential for long-term holders. Analyst Michaël van de Poppe tells his 638,000 Twitter followers that ADA could be in the process of carving a bear market bottom.

Analyst Says Cardano Presenting Epic Opportunity for Long-Term Bulls, Updates Outlook on Three Other Altcoins

With a meteoric rise of over 115%, amid Tesla Inc (NASDAQ: TSLA) chief Elon Musk's acquisition of social networking giant Twitter, popular memecoin Dogecoin (CRYPTO: DOGE) has replaced Cardano (CRYPTO: ADA) to become the eight largest cryptocurrency by market capitalization. Over the past seven days, Dogecoin, which initially started as a joke, is trading up by over 97% at $0.11, and a market capitalization of $15.5 billion.

Dogecoin Pulls Ahead Of Cardano As 8th Largest Cryptocurrency, Charles Hoskinson Makes This Prediction

Charles Hoskinson says he thinks leading memecoin Dogecoin (DOGE) should be a sidechain for the Cardano (ADA) network. With tech billionaire and crypto supporter Elon Musk's takeover of Twitter spurring rallies in Dogecoin over the last week, Hoskinson says that there's a real possibility that DOGE could be integrated with the social media platform.

Charles Hoskinson Says Dogecoin Should Be Cardano Sidechain As DOGE Cracks Top 10 Crypto Assets by Market Cap

Cardano (ADA) creator Charles Hoskinson is making a long-term prediction for the future of the Ethereum (ETH) rival's ecosystem. In a new video update, Hoskinson says that he thinks criticisms of proof-of-stake blockchains like Cardano are often inaccurate, especially ones that claim proof-of-stake chains are less accessible to the average person than proof-of-work.

Charles Hoskinson Makes Cardano (ADA) Prediction, Says Ecosystem Will Become Network of Blockchains

Widely followed analyst and trader Jason Pizzino is urging caution on Cardano (ADA) amid the eighth-largest crypto asset by market cap recording a bounce in price. Pizzino tells his 278,000 YouTube subscribers that Cardano could drop further below the 22-month low it reached earlier this month unless it consolidates above the current price.

News for Cardano Crypto (ADA)