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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 sideways movement below the recent high of $0.80. Price analysis by Coinidol.com.

Cardano Crashes In An Attempt To Overcome The Barrier Of $0.80

The moving average lines and the price range of $0.70 to $0.74 are the current trading ranges for the altcoin.

Cardano Moves In A Range And Encounters Resistance At $0.80

Crypto analyst and trader Ali Martinez is predicting that a decentralized exchange (DEX) altcoin will soon have a breakout. Martinez tells his 49,400 followers on the social media platform X that GMX seems to be forming a bullish trend reversal pattern that could send it soaring more than 60% from the current value.

Trader Predicts Breakout Rally for Under-the-Radar Altcoin, Says Cardano (ADA) Uptrend Looks Healthy

The price of Cardano (ADA) is trading above its moving average lines. Cardano price analysis by Coinidol.com.

Cardano Falls Back On The Test Of The $0.64 Mark

Dogecoin

A closely followed crypto analyst says Dogecoin (DOGE) may be on the verge of repeating a pattern that could send the top memecoin on a meteoric ascent in the coming months. Crypto strategist Ali Martinez tells his 47,300 followers on the social media platform X that Dogecoin appears to be mirroring its 2020 market structure.

Analyst Predicts Massive 11,500% Rally for Dogecoin, Updates Outlook on One DOGE Rival and Cardano

﻿The price of Cardano (ADA) is trading above the moving average lines but is retreating after encountering resistance at $0.64.

Cardano Continues Its Slide And Targets The $0.55 Low

Arthur Hayes, a Bitcoin (CRYPTO: BTC) supporter and co-founder of the crypto exchange BitMex, on Wednesday questioned the actual utility and success of decentralized applications (dApps) within the Cardano (CRYPTO: ADA) ecosystem. What Happened: To the Cardano supporters, Hayes said, “For all you ADA believers, what dAPP on this list originally launched on Cardano, or has a Cardano offering that is heavily used?

'Cardano Is Dog S**t': BitMex Co-Founder Arthur Hayes Challenges ADA's DApp Utility

Bitcoin

Solana

The cryptocurrency market is experiencing a correction on Wednesday, coinciding with the release of the Federal Open Market Committee (FOMC) meeting minutes. What Happened: Recent data from CoinMarketCap shows a 1.28% decrease in the total crypto market capitalization over the last day.

Solana, Cardano, Ripple Follow Bitcoin's Drop: Experts Explain Why Crypto Is Down Today

Ethereum (ETH) competitor Cardano (ADA) witnessed an explosion in total value locked (TVL) in the last quarter of 2023, according to the crypto analytics firm Messari.

Ethereum Competitor Cardano Witnesses Massive Surge in TVL and Stablecoin Value To Close Out 2023: Messari

Cardano (CRYPTO: ADA) gained 4.4%, pushing its price beyond the psychological mark of $0.60, prompting analysts to anticipate a breakout in the future. What Happened: According to a Messari report titled, “State of Cardano Q4 2023," the token's total value locked (TVL) reported a 166% quarter-over-quarter and 693% year-over-year growth.

Cardano Up 4.4%, 'On The Brink Of An Explosive Rally,' Says Analyst: Can It Clear This Key Psychological Mark?

Over the past month, buyers of Cardano (ADA) have been unable to sustain their bullish momentum above the current resistance level.

Cardano Price Rise Stops At $0.58 Before The Hurdle

Ethereum

Digital assets manager CoinShares says institutions poured $1.1 billion into crypto investment products one month after the U.S. Securities and Exchange Commission (SEC) approved spot BTC exchange-traded funds (ETFs).

Ethereum and Cardano Lead Institutional Altcoin Inflows As $1,100,000,000 Hits Crypto ETPs: CoinShares

Ethereum (ETH) competitor Cardano (ADA) could surge by more than 20% if it convincingly breaks a key supply level, according to a popular crypto trader. Crypto analyst Ali Martinez tells his nearly 45,000 followers on the social media platform X that ADA “faces a formidable obstacle” in the $0.54 and $0.56 price range.

Cardano Could Witness Over 20% Rally if It Breaks 2,000,000,000 ADA Supply Level, According to Crypto Analyst

A widely followed crypto analyst says that smart contract platform Cardano (ADA) has formed a chart pattern that potentially indicates an upcoming rally.

Cardano (ADA) Flashing Signs of a Potential Rally, According to Crypto Analyst Ali Martinez – Here's His Target

The price of Cardano (ADA) has resumed its positive momentum and has risen above the 21-day SMA. Price analysis by Coinidol.com.

Cardano's Price Recovers, But Remains Stuck At The $0.53 Level

Cardano's (CRYPTO: ADA) 9% single-day rally prompted more bullish projections from analysts. The Cardano Foundation highlighted significant achievements during the year 2023.

'Ethereum Killer' Cardano Up 9% To 18-Month High: 'Close Above $0.53 Could Lead To 32% Rally,' Says Crypto Analyst

TLDR Max Keiser has stirred controversy by criticizing Ripple, Cardano, and Binance Coin as "shitcoins" on Twitter. NuggetRush, a play-to-earn game, offers accessibility, security, transparency, and a wealth of gaming options.

Max Keiser Targets XRP, ADA, And BNB In Twitter Rant. Is This Altcoin Worthy Of His Approval?

The price of Cardano (ADA) remains below the moving average lines but above the $0.48 support. ADA price analysis by Coinidol.com.

Cardano Hovers Above The $0.50 Support, But Risks A Drop

The price of Cardano (ADA) has fallen further below the moving average lines.

Cardano Pauses Above $0.46 And Approaches Bearish Exhaustion

While the crypto board is declining amid Grayscale's offloading Bitcoin (CRYPTO: BTC), a crypto analyst believed Ethereum (CRYPTO: ETH) could likely outperform Bitcoin. What Happened: Until midday trade, the cryptocurrency board was drenched in red amidst Grayscale offloading Bitcoin holdings worth $2.14 billion.

Ethereum, Solana, XRP, Cardano Bundle In Red Though Crypto King Ethereum Could Still Outperform Bitcoin, Says Analyst

The latest price moves in bitcoin [BTC] and crypto markets in context for Jan. 22, 2024. First Mover is CoinDesk's daily newsletter that contextualizes the latest actions in the crypto markets.

First Mover Americas: Solana, Cardano Lead Losses as Market Starts Week in the Red

CoinDesk 20, a liquid index of the highest traded tokens, slumped 2.86% in the past 24 hours.

Solana (SOL), Cardano (ADA) Lead Crypto Market Lower as Traders Grapple With BTC Headwinds

Cryptocurrency analyst and trader Ali Martinez is saying that Cardano (ADA) is on the cusp of potentially enjoying an explosive run from its current level. Martinez tells his 41,000 followers on the social media platform X that Cardano is currently in a consolidation phase on the three-day chart.

Cardano Could Explode by Over 1,300% if History Repeats Itself, According to Trader – But There's a Catch

The latest K33 Research note asserts that the Cardano network has no meaningful use and this does not augur well for its native token. The note concludes that nothing is happening on the network except “exchange transfers and a group of bagholders fabricating blockchain activity.

K33 Research Note Claims Cardano Network Lacks Meaningful Use, Native Token Value at Risk

The price of Cardano (ADA) has fallen below its moving average for the third time. Cardano price analysis by Coinidol.com.

News for Cardano Crypto (ADA)