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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.

Cardano (ADA) co-founder Charles Hoskinson says ADA remains on solid footing despite the U.S. Securities and Exchange Commission's (SEC) crackdown on Kraken's crypto-staking services. In a new Youtube video, Hoskinson says the fact the SEC charged Kraken for violating securities laws for its staking services will force a larger national discussion about the issue.

Charles Hoskinson Says Cardano Ecosystem Is Fine After SEC Bans Kraken US Staking Service – But There's a Catch

Solana

Solana slipped to a three-week low on Feb.10, as momentum in cryptocurrency markets remained firmly bearish. At the time of writing this, the global market cap is trading 4.23% lower, with bears recapturing sentiment. Cardano was also on the decline, falling by as much as 8% today.

Biggest Movers: SOL, ADA Plunge, as Market Momentum Turns Bearish

“This upgrade will bring new cryptographic primitives to Cardano, encouraging greater interoperability and secure cross-chain DApp development with Plutus,” IOG said Wednesday.

Cardano Upgrade Aims to Improve Cross-Chain Features as On-Chain DeFi Crosses $100M TVL

Ethereum

Smart contract platform Cardano (ADA) is launching a new sidechain proof of concept that is compatible with Ethereum (ETH). In a new announcement, Input Output Hong Kong (IOHK), the development team behind Cardano, says it's launching a new public testnet compatible with the Ethereum Virtual Machine (EVM).

Cardano (ADA) Launches New Ethereum-Compatible Sidechain Proof of Concept

Cardano (ADA) price has been gradually rising since December 30. Today, the uptrend has reached a high of $0.40. The peak of the cryptocurrency is forecast at $0.45.

Cardano Is In A Gentle Uptrend And Is Targeting The High At $0.45

Polkadot

Tezos

The staking service is the latest from challenger bank Revolut in its ongoing push to make inroads in the crypto industry.

Revolut Launches Crypto Staking for Ethereum, Cardano, Polkadot, and Tezos

The proposal determines the terms, conditions and parameters of future proposals if passed by token holders.

Cardano DEX SundaeSwap Floats First On-Chain Governance Proposal

Shiba Inu

The popular memecoin Shiba Inu (SHIB) and the smart contract platform Cardano (ADA) are seeing major spikes in large whale transactions, according to the crypto analytics firm Santiment. Both altcoins, as well as the controversial crypto asset HEX, are witnessing a surge in transactions worth more than $100,000.

Shiba Inu and Cardano Witnessing Massive Spike in $100,000+ Whale Transactions, Says Crypto Analytics Firm

UK-based banking app Revolut is soft-launching customer crypto staking for four prominent altcoins. According to a new report by Altfi, London-based Revolut is introducing crypto staking for Polkadot (DOT), Tezos (XTZ), Cardano (ADA) and Ethereum (ETH) to its 25 million customers.

Revolut To Roll Out Crypto Staking Service for Ethereum (ETH), Cardano (ADA) and Two More Altcoins: Report

Blockchain analytics firm Santiment says that massive holders Cardano (ADA) are driving up the price of the eighth-largest crypto asset by market cap.  From trading at around $0.246 on January 1st to $0.412 last week, Santiment says the increase is primarily due to the heavy accumulation of deep-pocketed Cardano investors to the tune of 405.

Cardano Whales Quietly Fueling 65% ADA Rally This Year, According to Blockchain Analytics Firm Santiment

Bitcoin

Fantom

A widely followed crypto analyst is updating his outlook on Bitcoin (BTC), Cardano (ADA) and Ethereum (ETH) rival Fantom (FTM) after the Federal Reserve raised interest rates by a quarter percentage point.

Top Trader Updates Outlook on Ethereum Rivals Cardano and Fantom, Says Bitcoin Must Hold $23,000 to Avoid Larger Pullback

The price of Cardano (ADA) has remained within the bullish trend zone. The uptrend has reached a high of $0.40.

Cardano Gives In But Challenges Resistance At $0.40

A new decentralized stablecoin based on smart contract platform Cardano (ADA) is quickly gathering millions of ADA in its reserves. According to data from Djed (DJED), the new stablecoin has seen a parabolic rise in its reserve assets, leaving it overcollateralized as intended.

New Cardano-Based Stablecoin DJED Quickly Attracts Over 27,000,000 ADA in Reserves

Djed started on Tuesday and has a collateral backing ratio of 600% at the time of writing.

Cardano-Based Djed Stablecoin Attracts 27M ADA Tokens as Reserve Backing

Ethereum (ETH) rival Cardano (ADA) has seen its first overcollateralized stablecoin Djed (DJED) go live on the mainnet. DJED aims to be pegged with the US Dollar and is backed by Cardano's native token ADA. Last month, Djed-issuer COTI (COTI) announced that Djed had transitioned to a multi-chain network that now supports private payment networks.

‘New Era' As Cardano (ADA) Based Stablecoin Djed Goes Live on Mainnet

Djed, a decentralized stablecoin pegged to the US dollar, launched on the Cardano blockchain after being in development for over a year.

Cardano's decentralized stablecoin Djed goes live on mainnet

Decentralized exchanges MuesliSwap and MinSwap have announced their support for the upcoming Djed stablecoin.

Cardano-based exchanges confirm Djed listings ahead of stablecoin launch

The issuance of Djed's overcollateralized stablecoins has been a much-hyped topic in the Cardano community.

Cardano DEXs Will Support Djed Stablecoin Liquidity Pools Starting Next Week

Cardano raced to an 11-week high on Thursday, as markets reacted to data showing that gross domestic product in the U.S. rose by 2.9%. The token rose by as much as 5% earlier in the day, climbing to its strongest point since November.

Biggest Movers: ADA Climbs to 11-Week High, as Crypto Markets React to US GDP Data

The developers of Cardano's (ADA) new stablecoin have revealed when the dollar-pegged crypto asset is slated to launch. In a new blog post, payments firm COTI says that Djed, Cardano's new stablecoin, is scheduled to launch sometime next week.

New Cardano (ADA) Stablecoin Launch Revealed – Here's When Djed Comes Out

Dogecoin

Despite the hefty losses across the board, cryptocurrencies like Dogecoin and Cardano have enjoyed a heady start to the new year.

Dogecoin, Cardano Lead Crypto Dip as Market Sheds $27B Overnight

Cardano (ADA) price has been fluctuating as it did last week.

Cardano Is In Uptrend But Challenges $0.37 High

About half of Cardano's (ADA) nodes briefly went offline this weekend due to an “anomaly,” but the network quickly recovered, according to Cardano developer Input Output Global (IOG). In a Telegram announcement, IOG says that the issue only briefly impacted block production.

Cardano (ADA) Developer Addresses Incident That Caused Blockchain Malfunction

The Cardano (CRYPTO: ADA) blockchain network experienced an unexpected anomaly over the weekend, causing around half of the network's nodes to briefly go offline. According to a statement by Input Output Global, the engineering and research fintech company behind the Cardano blockchain, the anomaly caused a disconnection and restart of the nodes.

Cardano Blockchain Network Experiences Brief Shutdown As Half Of Nodes Go Offline

A short-lived outrage that affected over 50% of the network was automatically solved within minutes on Sunday.

News for Cardano Crypto (ADA)