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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.

Charles Hoskinson has criticized “all the dunking of Cardano,” and asserted that the protocol offers the “optimal route for scalability, governance, and innovation.” According to Hoskinson, the crypto industry's problem is that it allows “carnival barkers [to] dominate the conversation.” Cardano FUD Charles Hoskinson, co-founder of Input Output Global Inc.

Charles Hoskinson Criticizes Cardano ‘Dunking,' Expresses Concern Over ‘Carnival Barkers' Dominance

Grayscale Investments has removed cardano from its Digital Large Cap Fund. The crypto fund now holds bitcoin, ethereum, solana, XRP, and avalanche. The crypto asset manager also adjusted the holdings of its Smart Contract Platform Ex-Ethereum Fund.

Grayscale Removes Cardano From Its Crypto Large Cap Fund

The price of Cardano (ADA) has fallen below the moving averages. Price analysis by Coinidol.com.

Cardano Falls Within Its Range As It Does Not Exceed $0.80

Cardano‘s (CRYPTO: ADA) muted performance throughout this bull run has analysts wondering whether the lull in activity may precede consolidation or a price drop. What Happened: Grayscale Digital Large Cap Fund announced the liquidation of all its ADA holdings, as per a press statement.

Cardano Tumbles 10% On The Week As Grayscale Dumps Its Holdings

The price of Cardano (ADA) recovers from its fall below the moving averages.

Cardano Loses Value As It Reaches $0.65

David Gokhshtein, a well-known advocate for Dogecoin (CRYPTO: DOGE), recently expressed his admiration for Cardano (CRYPTO: ADA), attributing it to his long-standing interest in the cryptocurrency. What Happened: Gokhshtein, the founder of Gokhshtein, took to social media platform X formerly known as Twitter to voice his support for ADA.

Longtime Dogecoin-Bull Says He's A 'Big Fan' Of ADA And It Didn't Happen Overnight: 'You Either Love Cardano Or Not'

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

Cardano Pauses Above $0.58 And Resumes Horizontal Trend

A new dollar-backed stablecoin has launched on the Cardano (ADA) mainnet. The financial firm Mehen launched the USDM stablecoin over the weekend, noting that institutional users would spend a day or two onboarding the asset. The issuer says the stablecoin will “slowly be arriving on-chain” this week.

USDM Stablecoin Goes Live on Cardano (ADA) Mainnet, Issuer Looking for Institutional Minters of Fiat-Backed Crypto

Fantom

Polygon

A widely followed crypto analyst is predicting a massive rally for one Ethereum (ETH) competitor while updating his forecasts on Cardano (ADA) and Polygon (MATIC). Crypto strategist Ali Martinez tells his 53,500 followers on the social media platform X that he envisions layer-1 blockchain Fantom (FTM) to surge to a price tag of $1.

Analyst Predicts Over 80% Rally for Under-the-Radar Ethereum Rival, Updates Forecast on Cardano and Polygon

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

Ether

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.

News for Cardano Crypto (ADA)