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

Proof-of-Stake (PoS) cryptocurrencies Cardano (CRYPTO: ADA) and Polygon (CRYPTO: MATIC) saw a major price growth following recent news that Tesla Inc. (NASDAQ: TSLA) CEO Elon Musk is

Cardano And Polygon Skyrocket To New All-Time Highs As Investors Seek Elon Musk's Next Favorite Crypto

Bitcoin

Ethereum

Cosmos

The balance of bitcoin held on major exchanges is on the rise in what some analysts say is a bearish sign.

Bitcoin, Ether Dive While Some Alternative Cryptocurrencies Ht Record Highs

Proof-of-stake coins are booming. While other industries may suffer from "green premiums," the crypto market is welcoming environmentally-friendly tech following a firm prod by Elon Musk.

Proof-of-Stake Coins Cardano and Polygon Hit ATH After Musk Slams BTC

Prominent crypto analyst Alex Saunders of Nugget's News is unveiling what Cardano must accomplish to have a shot at dethroning Ethereum and become the number one smart contract platform. In an interview with Altcoin Daily hosts Aaron and Austin Arnold, Saunders contemplates whether Ethereum (ETH) will be able to maintain its status as the number […] The post Will Cardano Overtake Ethereum? Crypto Trader Alex Saunders Analyzes ETH's First-Mover Advantage appeared first on The Daily Hodl.

Will Cardano Overtake Ethereum? Crypto Trader Alex Saunders Analyzes ETH's First-Mover Advantage

Avalanche

Polkadot

Popular analyst and trader Michaël van de Poppe is providing his take on the latest market correction while naming a set of altcoins that have caught his attention. Although the market is down amid news that Tesla will stop accepting Bitcoin as payment until the cryptocurrency meets the company's energy efficiency standards, Van de Poppe […] The post Analyst Names Top Crypto Assets Beyond Ethereum, Says Bitcoin Remain Bullish Despite Pullback appeared first on The Daily Hodl.

Analyst Names Top Crypto Assets Beyond Ethereum, Says Bitcoin Remain Bullish Despite Pullback

Cardano Estates Winery is now accepting smart contract platform Cardano's ADA token as a means of payment for its red wines. The Napa Valley, California-based winery says it accepts ADA on purchases made via its website or through social media channels. Some wine enthusiasts say they're already using the sixth-largest cryptocurrency by market cap to make […] The post You Can Now Buy Cardano Wine – With Cardano appeared first on The Daily Hodl.

You Can Now Buy Cardano Wine – With Cardano

A prominent crypto trader is swapping Ethereum (ETH) for Cardano (ADA), as Bitcoin dips below $50,000 for what he believes may be the last time. Amid an abrupt market-wide correction, pseudonymous trader Capo is selling a sizable portion of his Ethereum for its competitor, Cardano. The analyst notes that ADA appears primed to erupt against […] The post Top Crypto Trader Selling Ethereum for Cardano, Says This Is Last Chance To Buy Bitcoin Under $50,000 appeared first on The Daily Hodl.

Top Crypto Trader Selling Ethereum for Cardano, Says This Is Last Chance To Buy Bitcoin Under $50,000

May 13, 2021 – Zug, Switzerland deFIRE, the decentralized smart order routing engine being built on Сardano, has raised $5 million in a pre-IDO funding round. The venture capital round comes shortly before the deFIRE token makes its debut through an initial DEX offering on the OccamRazer platform. The successful close of this latest fundraising […] The post Changelly-Powered deFIRE Raises $5 Million in Pre-IDO Funding Round To Bring DeFi Onto the Cardano Ecosystem appeared first on The Daily Hodl.

Changelly-Powered deFIRE Raises $5 Million in Pre-IDO Funding Round To Bring DeFi Onto the Cardano Ecosystem

Cardano's ada, the world's fourth-largest cryptocurrency, is the most valuable token that analysts are homing in on after the eccentric billionaire's big bitcoin pivot.

Cardano Surges During $300 Billion Crypto Crash As Musk Eyes Sustainable Bitcoin Alternatives

Popular crypto trader Aaron Arnold is a Cardano (ADA) bull. Arnold tells his 750,000 YouTube subscribers that he is optimistic about the Ethereum rival because he thinks it will ride on the wave of ETH's success. “I am a Cardano bull this cycle. I think there are plenty of reasons to be bullish on Cardano. […] The post Cardano To Spearhead Altcoin Eruption, Says Crypto Trader Aaron Arnold appeared first on The Daily Hodl.

Cardano To Spearhead Altcoin Eruption, Says Crypto Trader Aaron Arnold

On May 5, ADA price rebounded above $1,300 support as bulls broke the resistance at $1.40 and $1.60. However, buyers could not sustain the bullish momentum above the $1.80 resistance level.

Cardano Consolidates Below Recent High as Bulls Attempt to Breach $1.80 Resistance

Crypto trader and influencer Elliot Wainman says Cardano (ADA) could be going through a rapid evolution that may unleash huge gains for early investors in the ecosystem. Wainman tells his 322,000 YouTube subscribers he believes that those who invest in projects built on Cardano can make sizeable profits. “It does feel as if there's a […] The post Parabolic Gains Coming to Cardano Ecosystem, Predicts Crypto Trader Elliot Wainman appeared first on The Daily Hodl.

Parabolic Gains Coming to Cardano Ecosystem, Predicts Crypto Trader Elliot Wainman

Bitcoin's down 1% over the past week, but a slew of other top tokens—including ether, cardano and dogecoin—are up as much as 41%.

Ethereum, Cardano And These Other Surging Cryptocurrencies Are Propelling The Market To $2.5 Trillion

Crypto analyst Benjamin Cowen is sharing his insights into Cardano's (ADA) price action and where he thinks the Ethereum competitor is headed this market cycle. In an interview with Altcoin Daily hosts Aaron and Austin Arnold, Cowen discusses the future of the seventh-largest cryptocurrency. Cowen notes that while one generally expects an altcoin to increase […] The post Cardano Set To Explode, Says Crypto Analyst Benjamin Cowen – Here's His Extremely Bullish Forecast appeared first on The Daily Hodl.

Cardano Set To Explode, Says Crypto Analyst Benjamin Cowen – Here's His Extremely Bullish Forecast

Chainlink

Litecoin

Widely-followed crypto strategist Michaël van de Poppe is revealing his upside price targets for Cardano, Litecoin, Ethereum, and several other altcoins. In a fresh tweetstorm, Van De Poppe provides his bullish targets for four large-cap crypto assets, plus sharding-focused protocol Zilliqa (ZIL). “Can Litecoin (LTC) reach $700? Can Cardano (ADA) reach $5? Can Chainlink (LINK) […] The post Top Analyst Says Traders Are Sleeping on Several Altcoins, Unveils Ethereum, Cardano, Litecoin and Chainlink Price Targets appeared first on The Daily Hodl.

Top Analyst Says Traders Are Sleeping on Several Altcoins, Unveils Ethereum, Cardano, Litecoin and Chainlink Price Targets

Dogecoin

Cardano (ADA) founder Charles Hoskinson is not a fan of Dogecoin (DOGE). In a new update on the state of Cardano and the crypto markets, Hoskinson says DOGE isn't sustainable and is likely to result in a systemic, catastrophic failure that will disenfranchise millions of investors. He believes such an event could “destroy the reputation” […] The post Cardano Creator Says Dogecoin Is Existential Threat to Crypto Space appeared first on The Daily Hodl.

Cardano Creator Says Dogecoin Is Existential Threat to Crypto Space

For the past week, Cardano's (ADA) price has been stalled below the $1.400 overhead resistance. ADA price is now fluctuating below the overhead resistance to retest it.

Cardano Slumps to Range-Bound Zone, Lacks Buying Power at Higher Price Level

A prominent crypto investor believes that the second-largest and the seventh-largest cryptocurrencies are set to reach new record highs. The pseudonymous host of Coin Bureau who goes by  “Guy” tells his 820,000 subscribers that Ethereum (ETH) is not finished yet, if Bitcoin's performance is anything to go by. “BTC is up nearly 3X from its […] The post Here's How High Cardano and Ethereum Could Soar, According to Coin Bureau appeared first on The Daily Hodl.

Here's How High Cardano and Ethereum Could Soar, According to Coin Bureau

Widely-followed trader and crypto strategist Michaël van de Poppe is outlining the key price levels in Cardano and six low-cap altcoins for strong bullish continuations. In a new tweetstorm, the analyst tells his 275,400 followers that as long as its immediate support is held, Cardano is primed to print gains of nearly 50% against Bitcoin […] The post Here Are Crucial Levels To Watch for Cardano and 6 Emerging Altcoins, According to Crypto Trader Michaël van de Poppe appeared first on The Daily Hodl.

Here Are Crucial Levels To Watch for Cardano and 6 Emerging Altcoins, According to Crypto Trader Michaël van de Poppe

Crypto influencer Lark Davis says smart contract platforms Cardano (ADA) and Ethereum (ETH) are gearing up to rally by 300% from their current prices. This week, Davis takes to Twitter and YouTube to provide his fresh takes on the future of ADA and ETH as the overall crypto market sustains more than a $2 trillion […] The post Cardano and Ethereum on Track To Print Giant 3x Gains, Says Crypto Trader Lark Davis appeared first on The Daily Hodl.

Cardano and Ethereum on Track To Print Giant 3x Gains, Says Crypto Trader Lark Davis

Crypto influencer and trader Austin Arnold is uncovering a list of three altcoins that have life-changing potential as they march toward mass adoption. In a new video, Arnold first spotlights Ethereum competitor Cardano (ADA), which has just locked in impressive partnerships in Ethiopia and Tanzania. Arnold notes that in Ethiopia the team behind Cardano, Input […] The post Three Altcoins With Life-Changing Potential Are Blazing Toward Mass Adoption, Says Trader Austin Arnold appeared first on The Daily Hodl.

Three Altcoins With Life-Changing Potential Are Blazing Toward Mass Adoption, Says Trader Austin Arnold

High-profile crypto strategist and trader Michaël van de Poppe is predicting that Cardano (ADA), Litecoin (LTC), and Zilliqa (ZIL) are almost ready to ignite the next phase of their bull cycles. In a new video, the crypto analyst tells his 76,700 YouTube subscribers that Cardano is ripe to end its multi-month consolidation against Bitcoin (ADA/BTC). […] The post Cardano, Litecoin, and One Forgotten Altcoin Primed To Erupt, Says Crypto Trader Michaël van de Poppe appeared first on The Daily Hodl.

Cardano, Litecoin, and One Forgotten Altcoin Primed To Erupt, Says Crypto Trader Michaël van de Poppe

A Redditor is taking a closer look at the hype surrounding the Cardano smart contract platform, questioning whether its fanbase is too loyal to remain objective about the project. Redditor LewiOcBT is asking users in the Cardano subreddit page if, amid their enthusiasm for their project, they also have any critiques to leverage at Charles […] The post Are Cardano Investors in an Echo Chamber? Traders Scrutinize Hype Behind Red-Hot Crypto Asset appeared first on The Daily Hodl.

Are Cardano Investors in an Echo Chamber? Traders Scrutinize Hype Behind Red-Hot Crypto Asset

Popular crypto trader Lark Davis believes a number of compelling crypto narratives will provide early investors with sizable gains this cycle. He expects the buzz around new smart contract platforms to grow, and argues that the arrival of smart contracts on Cardano will lead to a boom of new projects that could reward investors with […] The post Explosion of New Projects Coming to Cardano, Several Crypto Assets Poised for Major Gains: Lark Davis appeared first on The Daily Hodl.

Explosion of New Projects Coming to Cardano, Several Crypto Assets Poised for Major Gains: Lark Davis

Input Output Hong Kong (IOHK), the company building Cardano, says it's partnering with blockchain-based mobile network World Mobile Group to bring internet connectivity to people in Africa. The initiative is starting in Tanzania, where it will give 100,000 people living in rural areas digital access to mobile internet, digital identity, and financial solutions.  The project […] The post Cardano Unveils Mobile Internet Partnership, Aims To Bring Connectivity and Digital Identity to 100,000 People in Tanzania appeared first on The Daily Hodl.

News for Cardano Crypto (ADA)