Cardano Foundation, the non-profit organization behind the Cardano ecosystem, has unveiled its financial report for 2023, detailing its expenses across three major areas. Notably, the Financial Insights Report is the foundation’s first and part of its efforts to uphold the principles of transparency and openness. According to the report, the Cardano Foundation primarily spent most […]
The cryptocurrency market went through a somewhat painful correction yesterday, but most assets are back in the green today. Cardano’s native token has emerged as one of the top performers, surging by more than 20% and exceeding $0.75 earlier today for the first time since March this year. This places the asset’s weekly gains at […]
TL:DR; The two best performers from the larger-cap alts over the past few days have been Ripple’s XRP and Cardano’s ADA. Perplexity analyzes each token’s chance to reclaim the coveted $1 price tag by the end of the year. XRP at $1 It seems fueled by the growing speculations that the current SEC chair, Gary […]
Charles Hoskinson, the founder of IOG, the entity behind Cardano, has returned from his recent absence on X with a notable announcement regarding his role in the Trump administration. The native token of the Cardano ecosystem skyrocketed immediately, charting gains exceeding 30% daily. ADA currently sits at a multi-month peak of almost $0.6. Cardano just […]
TL;DR Internet Computer (ICP) came first for the second time in a row. Cardano (ADA), whose price spiked substantially in the past weeks, is also included in the top 10 list. The Latest Ranking Crypto analytics platform Santiment estimated that Internet Computer (ICP) ranked first in terms of “notable development activity” in the last 30 […]
Like Solana, Cardano is an Ethereum competitor for smart contracts powered by blockchain techniques. But Cardano critics have said that it is overly centralized for a cryptocurrency. As a result, Solana has overtaken Cardano in total market capitalization, and Avalanche (AVAX) is close behind. The market’s favor for Solana has been especially pronounced in meme […]
This week, we take a closer look at Ethereum, Ripple, Cardano, Binance Coin, and Solana. Ethereum (ETH) This week, Ethereum re-tested the support at $2,400, and so far, buyers managed to defend this level well. On Thursday, ETH managed to recover some of the recent losses and spiked toward $2,600 again but was stopped there […]
The current U.S. benchmark rate for massive overnight money market loans from the central bank is in the range of 5.25% and 5.5%. When Powell spoke in Jackson Hole, Wyoming, on Friday, markets expected more signals of a regime of interest rate cutting ahead. Instead, he went a step further and explicitly endorsed rate cuts. In […]
The cryptocurrency market continues struggling, with the majority of the altcoins charting considerable declines throughout the past 24 hours. That said, let’s examine some of the more important updates concerning Ripple, Shiba Inu, and Cardano from the past few days. Important Ripple Milestone While all eyes remain focused on the legal battle between Ripple Labs […]
This week, we take a closer look at Ethereum, Ripple, Cardano, Shiba Inu, and Polkadot. Ethereum (ETH) Ethereum just had one of its best weeks after its price exploded by almost 30%. It came on the news that an ETF approval was imminent, which was confirmed a few days later. Now, the price is consolidating […]