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Cardano founder Charles Hoskinson took X to defend the project from its detractors, arguing that the network has continued to grow and thrive despite the criticism. As ADA’s price falls 2.9%, some analysts warn of the next key level to watch out for. Charles Hoskinson Defends Cardano On Thursday, Charles Hoskinson addressed the adverse response towards Cardano in an X post. Hoskinson noted that the crypto community’s sentiment about the project has lately been more negative than usual. However, he…

Cardano (ADA), once a shining star in the crypto world, is facing increasing market challenges. As investors question its long-term viability, some are shifting their focus to new, high-growth tokens like GoodEgg (GEGG). With GoodEgg (GEGG) showing impressive momentum and investor inflows of $701K, analysts are predicting a potential 12,000% rally. Meanwhile, Cardano (ADA) struggles to regain its footing, leaving many to wonder: what’s next for ADA? The Impact of the ADA Token Unlock One of the key factors influencing…

The cryptocurrency landscape is always shifting, and Cardano (ADA) has recently found itself caught in the middle of market turbulence. Cardano (ADA) has long been one of the most trusted names in the crypto space, but its recent dip of 7.63% amid ongoing political turmoil has raised concerns among its investors. Meanwhile, GoodEgg (GEGG), an innovative AI-powered social scoring and dating platform, has shown incredible resilience and growth, with analysts projecting up to 300x gains for early investors. The Midnight…

Cardano (ADA) completed its first green September in six years as the coin enjoyed a price gain of almost 8%. This is significant as the crypto could enjoy an extended rally in October, leading to more price gains for Cardano. Cardano Records First Green September Cryptorank data shows that Cardano has recorded its first green September since it launched in 2017. This raises the possibility of the crypto enjoying an extended rally since it presents a bullish outlook for ADA.…

Despite gaining over 15% in the past week, Cardano (ADA) is showing signs of impending losses. Experts advise investors looking to jump on the bullish market mood to stay clear of ADA. Conversely, they recommend having a diverse portfolio containing tokens such as Rexas Finance (RXS), Solana (SOL), and Ripple (XRP). Let's look at why ADA might not be the best option available right now and why these competitors present better opportunities. Why You Should Not Buy Cardano (ADA)? Although…

In the crypto market, the logic is simple - when Bitcoin moves higher, altcoins tend to do the same. So, with Bitcoin's price starting to move higher in recent weeks, many crypto investors are looking for alternative coins that could offer better growth potential. Not the usual coins, but those that can offer high returns.  This guide covers seven of the best cryptos to buy right now as we have researched their current price trends, future potential, and why they…

New crypto projects require the best Web3 marketing agencies to build awareness and attract investors. Their services may come at a cost, especially paid advertising (PPC) and key opinion leader (KOL) marketing. However, this investment pays off in the long run when the right marketing strategy makes you stand out from the competition. The problem is that, despite offering similar services, Web3 marketing agencies do not guarantee the same quality. Therefore, blindly picking one to represent your online brand recognition…

Cardano (ADA), one of the most recognized names in the world of blockchain technology, is at a critical crossroads. Recent controversies within the Cardano (ADA) community have left investors, including the so-called Cardano (ADA) whales, questioning their confidence in the network’s future. Charles Hoskinson, the mastermind behind Cardano (ADA), finds himself defending the project’s path forward, especially in light of the ongoing debate surrounding the burning of ADA tokens. Meanwhile, new opportunities like Mpeppe (MPEPE) have started to gain attention,…

Cardano (ADA) has long been a favorite among crypto enthusiasts, especially those who appreciate its strong focus on decentralization and its ambitious roadmap. However, recent events and the market’s volatility have left some Cardano (ADA) investors, particularly the whales, reconsidering their positions. In the wake of these concerns, many are shifting their attention—and their capital—toward promising new projects like Mpeppe (MPEPE), a casino-themed meme coin that has gained substantial momentum during its presale phase. Cardano (ADA)’s New GovTools: A Double-Edged…

Cardano (ADA) has long been heralded as one of the most promising blockchain projects in the crypto space. However, recent developments and market sentiments have cast a shadow over its future. With the recent Chang Hard Fork, Cardano (ADA) aims to enhance its governance model, but some experts, including Adam Back, predict a further 90% drop in ADA’s price. As investors grapple with these predictions, many are turning their attention to Mpeppe (MPEPE), a new meme coin that is rapidly…

The post Bitcoin Hangs at $57K With 10% Weekly Drop, As Bears Grip the Crypto Market! appeared first on Coinpedia Fintech News The cryptocurrency market closed its trade for August on a bearish note, with a fall of 8.74%. The prolonged correction phase had led to the crypto market losing its $2 trillion valuation. Following this, Bitcoin price registered a drop of 10.82%. It is currently trading at a discount of 22.51% from its all-time high of $73,794. The altcoins…

The excitement continues to build within the Cardano (ADA) community as the highly anticipated Chang hard fork gets ready to launch. Ahead of the upcoming upgrade, ADA, the native token of the Cardano ecosystem, has exploded by over 52% in this key metric.  Cardano Releases Date For Chang Upgrade Intersect, a member-based organization for the Cardano ecosystem, took to X (formerly Twitter) on August 20 to provide comprehensive details and updates on the Chang hard fork. The organization has unveiled key dates…

Since reaching $3 in August 2021, Cardano (ADA) has seen a sharp drop of over 90%. Despite the initial boost from the Alonzo upgrade, which introduced smart contracts, ADA has struggled to hold its value due to market downturns and persistent challenges. As ADA faces ongoing pressure, investors are reconsidering their positions and looking for new opportunities. In light of these developments, MoonTaurus (MNTR) is emerging as a promising alternative investment for 2024. Currently in its presale phase, MNTR offers…

Are you ready to ride the wave of the next big crypto boom? If so, then it’s time to pay attention to Cardano (ADA) and Mpeppe (MPEPE). These two tokens are not just making headlines; they are creating real opportunities for massive gains. Let’s dive into why now is the perfect time to be bullish on Cardano (ADA) and Mpeppe. The Cardano (ADA) Surge: ETF Hopes and Hardfork Anticipation Cardano (ADA) is currently priced at $0.411165 USD with a market…

As the cryptocurrency market continues to evolve, investors and analysts alike are turning their attention to promising tokens that could lead the next wave of growth. Among these tokens, Cardano (ADA) and Mpeppe (MPEPE) are gaining significant traction. Analysts predict that both of these cryptocurrencies could skyrocket by 100%, dominating the market in the coming months. Cardano (ADA): Preparing for a Major Leap Cardano (ADA) is currently trading at $0.411165 USD, with a market cap of $14.76 billion USD. The…

In 2014, it was discovered that Japan-based crypto exchange Mt. Gox, one of the biggest Bitcoin exchanges at the time, has lost 800, 000+ Bitcoins in a series of hacks for over two years. According to a leaked corporate document, hackers had made away with 744, 408 BTC belonging to Mt. Gox customers and an additional 100,000  bitcoins belonging to the company – totalling over €460 million. Today, those bitcoins could be priced at over $58 billion. This marked the…

Cardano is at a significant milestone with the impending Chang hard fork. This pivotal moment follows the recent upgrade of its node validation software before the upgrade goes live. As the Cardano ecosystem gears up for this major update, the network is experiencing a surge in activity that could determine its trajectory in the coming weeks. Amidst this heightened activity, Cardano’s cryptocurrency, ADA, has demonstrated an interesting price performance. ADA has seen positive price action in the past 24 hours,…

Cardano has been under pressure and selling off in the past four months. From the ADAUSDT daily chart, it is evident that bears have been in control. After peaking in March, prices plunged by as much as 60% before finding support in mid-July. Since then, ADA has recovered slightly, but bears have not relentred, especially this week. So far, ADA is still 50% after the spike in March. This set of conditions could explain traders’ bearish stance on multiple perpetual…

In a recent weekly report by Input Output Global (IOG), the engineering development company behind Cardano (ADA), significant growth for the blockchain has been unveiled. The report highlights notable achievements in Total Value Locked (TVL), transactions and the increasing number of projects being built on the network. Thriving Cardano Ecosystem Per the report, Cardano has reached a milestone of 94 million transactions, showcasing the network’s growing adoption ahead of scheduled upgrades later this year. The report also discloses a TVL…

The post Upcoming Altcoin Surge: Top Picks to Consider for Potential 20x Upside appeared first on Coinpedia Fintech News Recent analysis indicates that the altcoin market, despite a recent downtrend, may have reached a “relative momentum bottom,” according to crypto analysts. The crypto Top 200 Equal Weight Index, which tracks the performance of the top 200 cryptocurrencies by market capitalization, shows that only 10% of the top 200 were outperforming Bitcoin (BTC) on a 90-day look back.  The daily active…

Charles Hoskinson defends Cardano against claims it’s “dead to institutions.” Hoskinson dismisses concerns, emphasizing cryptocurrencies’ goal to disrupt traditional finance, not court institutional approval. Charles Hoskinson, the founder of Cardano, has responded to remarks by prominent crypto influencer Ben Armstrong, known as BitBoy, who suggested that Cardano (ADA) and Polkadot (DOT) have lost their appeal to institutional investors. On July 3, Armstrong reignited his controversial claims, made in an April YouTube video stating that Cardano and Polkadot are ‘dead’ in…

Cardano has achieved significant milestones in scalability, interoperability, and governance through its various phases from Byron to Voltaire. Charles Hoskinson emphasizes Cardano’s global impact and transformative mission over asset prices and market speculation. Cardano founder Charles Hoskinson recently highlighted the broader mission of the project in a YouTube video, emphasizing the transformative global impacts over mere asset prices. He underscored that Cardano is not just his project but a venture aimed at making a positive change worldwide. Despite nearing significant…

Cardano’s latest updates include significant core technology optimizations and performance benchmarks. Highlights include improvements in debugging, smart contracts, and scaling solutions. Unlike previous Cardano development updates in CNF focused on ledger safety, wallet enhancements, and smart contracts, the latest core technology optimizations emphasize performance and efficiency. The consensus team optimized the db-truncater tool on SanchoNet and improved debugging for bootstrap nodes. Performance and tracing teams released benchmarks for node v.8.12.0, worked on governance workloads, and updated the latest Plutus cost…

Roam stands out as the sole Web3 initiative among the eleven corporate alliances in the WBA OpenRoaming™ program. With its unique token incentive and community growth system, the Roam ecosystem currently boasts over 390,000 app users and has surpassed 310,000 nodes, covering more than 180 countries. Roam has now exceeded Helium 5G in terms of node scale and has firmly established itself at the forefront of the DeWi track. The WBA holds high expectations for Roam and anticipates that it…