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.

Bitcoin

Dogecoin

ADA and DOGE are top gainers on Wednesday, Dec. 6, surging over 10% in the last 24 hours as BTC holds above the $44K level. Top crypto assets by market capitalization are in the green. In case you missed it, the historically significant Bitcointalk forum will begin to censor certain crypto mixer-related posts starting next year.

Crypto Markets Surge Wednesday, ADA, DOGE Up Over 10%; Bitcoin Talk Forum to Censor Mixer Discussions — Daily Price Update

The price of Cardano (ADA) has broken above the $0.40 resistance level and is approaching the expected price target of $0.434. ADA price analysis by Coinidol.com.

Cardano's Price Reaches A High Of $0.43 After The Recent Outbreak

The price of Cardano (ADA) has been moving sideways since its high of $0.39.

Cardano's Price Remains Stable, With Resistance At $0.39

Ethereum (ETH) competitor Cardano (ADA) is currently sitting in a “key demand zone,” says crypto analyst Ali Martinez. Martinez tells his 33,800 followers on the social media platform X that 166,470 wallets acquired 4.88 billion ADA worth more than $1.85 billion while the asset has been trading between $0.37-0.38.

Cardano Could Print New 2023 Highs As Over $1,800,000,000 in ADA Accumulates at Current Levels: Trader

Charles Hoskinson, co-founder of Input Output Global (IOHK) and the Cardano blockchain initiative, recently expressed his frustration in a video over the U.S. regulator's decision to categorize the cryptocurrency cardano as a security.

Cardano's Charles Hoskinson Clashes With Blockstream's Adam Back Over Crypto Security Classification

A new alternative to the popular artificial intelligence (AI) chatbot ChatGPT has just been deployed on the Cardano (ADA) blockchain. The team behind the Cardano GPT project, which builds blockchain-focused AI products, says the first internet-enabled generative chatbot called Girolamo is now in the beta phase.

New Artificial Intelligence (AI)-Powered Chatbot Girolamo Launches Beta Phase on Cardano Blockchain

Closely followed crypto analyst Benjamin Cowen is warning that one Ethereum (ETH) competitor may not be done correcting. In a new strategy session, Cowen tells his 788,000 YouTube subscribers that smart contract platform Cardano (ADA) may fall lower against Bitcoin (ADA/BTC) due to the Federal Reserve not yet cutting interest rates.

Top Analyst Benjamin Cowen Issues Cardano Alert, Says He's Still Convinced ADA Could Go Lower – Here's Why

﻿﻿The price of Cardano (ADA) has been fluctuating since Nov. 11 when the price reached $0.39, but buyers have not been able to sustain the positive momentum above the $0.40 level.

Cardano's Price Could Fall As The Bears Retest The $0.35 Low

Polkadot

Solana

A closely followed crypto analyst says that one decentralized finance (DeFi) altcoin is setting the stage to revisit its all-time highs.

Analyst Says DeFi Altcoin Gearing Up To Revisit All-Time Highs, Updates Outlook on Solana, Cardano and Polkadot

Charles Hoskinson, the founder of Cardano (CRYPTO: ADA), has reached out to Sam Altman, the former CEO of OpenAI, asking for a collaborative venture. What Happened: Hoskinson proposed the idea on X by inviting Altman to work on a decentralized large language model (LLM) project, which could be integrated with Cardano's Partner Chain ecosystem.

Cardano's Charles Hoskinson Invites Sam Altman For A Collab, But Microsoft Was Quicker To Get Ex-OpenAI CEO Onboard

A popular crypto trader thinks Ethereum (ETH) competitor Cardano (ADA) could be mimicking price movement from a past market cycle and primed to surge soon.

Crypto Trader Says Cardano Could Be Mirroring Past Cycle, Predicts ADA Could Surge 100% by Late December

The CoinDesk Market Index has added almost 4% in the past 24 hours.

Cardano, Dogecoin Lead Price Gains Among Major Cryptocurrencies as Bitcoin Nears $38K

Cardano(ADA) is currently trading in the overbought zone of the market. ADA price analysis by Coinidol.com.

Cardano Starts The Second Upward Wave And Stays Above $0.34

Crypto analyst Fiery Trading has an exceptionally bullish forecast for the price of Cardano (CRYPTO: ADA), suggesting a 9,990% surge to $35. What Happened: Fiery Trading bases this projection on the assertion that ADA has surpassed its lowest value and is now steadily climbing, noting a recent positive trend in its market performance.

ADA To The Moon? Analyst Foresees A Whopping 10,000% Surge For Cardano, Reaching $35 Levels

Cardano founder Charles Hoskinson has expressed interest in a possible collaboration with Kraken to create a Layer-2 network.

Cardano's Charles Hoskinson Eyes Partnership In Kraken's Layer-2 Blockchain Project

Ethereum

Chainlink

Leading analytics firm Santiment says the recent digital asset market uptick has been accompanied by a spike in crypto whale activity. Santiment notes that whales on the Bitcoin (BTC), Ethereum (ETH), Cardano (ADA) and Chainlink (LINK) networks have all hit their highest activity levels in the past six months.

Whale Activity Spikes on Bitcoin, Ethereum, Cardano, and Chainlink Networks: Crypto Analytics Firm Santiment

Uniswap

Crypto trader Ali Martinez says that the largest memecoin by market cap could surge after overcoming a key resistance level. Martinez tells his 32,300 followers on the X social media platform that if Dogecoin (DOGE) manages to climb above the $0.076 resistance level, the leading memecoin could surge by around 13% from the current level.

Crypto Trader Says One Shiba Inu Rival Hinting at a Potential Breakout, Updates Outlook on Cardano and Uniswap

The DEX previously said traders lost a significant amount of ADA due to a “misunderstanding” about how the platform operates, but confirmed it would refund losses at the time.

Cardano-Based DEX MuesliSwap to Open Refund Site 'Soon' as Some Users Voice Concerns

The ninth-largest cryptocurrency by market cap is leading in terms of blockchain development activity, according to analytics platform Santiment. Santiment says that over a 30-day period, Cardano (ADA) is the top blockchain in terms of development activity with 502.57 GitHub commits over a 30-day period.

Cardano (ADA) and One Additional Ethereum Rival Leading in Development Activity: Santiment

Cryptocurrency analysts of Coinidol.com report, the price of Cardano (ADA) has risen and reached the historical price level.

Cardano Trades In A Narrow Range After Peaking At $0.37

Polygon

Vlad Tenev, CEO of Robinhood Markets Inc (NASDAQ:HOOD), was asked about the performance of the cryptocurrency market, specifically regarding Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH), during the third quarter earnings call on Tuesday. What Happened: He acknowledged that while there has been stronger performance in these cryptocurrencies, the volume trends have remained relatively subdued both industry-wide and on the Robinhood platform.

Robinhood's Tenev Teases EU Expansion, Addresses Relisting Delisted Tokens Like Cardano, MATIC And Solana

Bloomberg Intelligence analyst Jamie Coutts says that Ethereum (ETH) competitor Solana (SOL) is well-positioned to perform stronger against fellow ETH rival Cardano (ADA). Coutts says that Solana has a lot more daily users than Cardano but that ADA's market cap is still about 75% of SOL's market cap.

Solana (SOL) Set To Take Market Share Away From Cardano (ADA), According to Bloomberg Crypto Analyst

Several altcoins are riding high, with XRP, ADA, and SOL all posting double-digit gains over the week.

XRP, Cardano And Solana Lead Crypto Gains Over the Week

Cryptocurrency analysts of Coinidol.com report, the price of Cardano (ADA) continued to rise and broke through the $0.30 resistance level.

Cardano Exceeds $0.30 High, But A Fall Is Possible

New data from market intelligence firm Santiment shows that Ethereum (ETH) competitor Cardano (ADA) just hit a major milestone. In a new post on the social media platform X, the crypto analytics firm says that long-time ADA holders have suddenly started moving the largest amount of tokens in more than a year.

News for Cardano Crypto (ADA)