Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
ADA
Cardano’s Charles Hoskinson Stands Firm: Defends ADA and Ripple Amid Forbes Controversy
Charles Hoskinson has defended Cardano and half a dozen other blockchain networks, including Tezos, Stellar, and XRPL, after a scathing article by Forbes on ‘crypto zombies.’ Forbes tore into over 20 crypto networks with a market cap worth over a billion dollars but few developers, users and applications and lack substantial use in the real world. A Forbes article that tore into two dozen blockchain projects and described them as crypto zombies has caused uproar in the sector, with several…
1 year ago
Cardano (ADA) Tops Ethereum: $10 Price Target Looms on Developer Momentum
Cardano (ADA) surpasses Ethereum in developer activity, signaling its growing prominence in the blockchain space. Despite lagging behind in TVL, ADA shows potential for a significant price surge, eyeing a $10 target. Recently, Crypto News Flash (CNF) reported an intriguing outcome from Vitalik Buterin’s X poll, highlighting ADA as the preferred Ethereum alternative. In a noteworthy development, Cardano (ADA) has now eclipsed Ethereum (ETH) in terms of developer activity, surpassing other prominent blockchain networks. This spike in GitHub commits underscores…
1 year ago
Cardano Bulls Are Gearing Up: Will They Push the ADA Price Beyond $1?
The post Cardano Bulls Are Gearing Up: Will They Push the ADA Price Beyond $1? appeared first on Coinpedia Fintech News The third-generation crypto, Cardano, has been trying hard for a long time to remain under bullish influence, but a drop in the trader’s interest has been a major hindrance. Moreover, the latest pullback, which dragged the levels from over $0.8 to $0.57, squashed all the bullish claims. But the upswing that followed after the rebound kept the bullish hopes…
1 year ago
Ethereum (ETH) and Cardano (ADA) Holders Eye Kelexo (KLXO) as a High-Yield Lending Option
In the volatile cryptocurrency market, investors are always seeking promising opportunities. We delve into the market dynamics of Ethereum (ETH) and Cardano (ADA), focusing on how they’re recovering from the market correction wave. We also analyze the behavior of their investors and the opportunities they are looking into. In particular, we focus our attention on Kelexo (KLXO), a new market phenomenon. We decipher why its novel lending protocol is attracting Ethereum (ETH) and Cardano (ADA) investors. Ethereum (ETH) recovers slowly…
1 year ago
While Cardano (ADA) and XRP Face Downturns, BlastUP (BLP) Presale Stands Resolute
Bitcoin has recently seen a stumble in price, dipping under $60,800. Despite this, experts believe the worst may be over. In contrast, Cardano (ADA) and XRP are experiencing downturns, while the presale of BlastUP (BLP) remains strong. This backdrop sets the scene for our exploration of the recent and potential future trends in the crypto market. BlastUP Presale: The 1st Launchpad in the Blast Ecosystem is Live! BlastUP is a pioneering launchpad on Blast, the cutting-edge Layer 2 solution that…
1 year ago
Hyrotrade Expands Digital Asset Offering With Solana, Cardano, Polkadot, And More
You can't go anywhere on social media where cryptocurrency enthusiasts gather these days without seeing certain trending coins mentioned. Crypto opportunities are much more plentiful than just Bitcoin, Ethereum, and a select few others. Also, altcoins now boast sufficient liquidity and volume for serious traders and investors, with market caps in the tens of billions and beyond. Taking note of these trends, Hyrotrade recently added seven of the most popular and trending crypto assets to its margin trading platform. Move…
2 years ago
Aada Finance Is Live and Open for Lending and Borrowing on Cardano Mainnet
Aada Finance, a non-custodial lending protocol, is live and open for business on Cardano mainnet. The app is the first-of-its-kind platform to allow lending and borrowing of Cardano native assets. Moreover, the protocol introduces a novel NFT bond feature, enabling users to transfer and trade loans in the open market. Mantas Andriuska, Co-Founder of Aada Finance, said: We are excited to launch the Aada Finance protocol and facilitate new DeFi use cases through lending and borrowing on Cardano. Peer-to-peer is…
3 years ago
AzureADA – A Platform Proposing New Ways to Stake Cardano (ADA)
Crypto staking is a process where token holders can earn rewards by locking up their coins in a wallet. In return for pledging their support to the network, they receive a portion of the block reward. Cardano is one such blockchain that offers this feature. This review will analyze the features of AzureADA, a staking platform that allows users to participate in Cardano's staking program. What Is AzureADA? If you're looking for a reliable and trustworthy stake pool to earn…
3 years ago
Cardano Founder Lobbies for Favorable Laws in Washington
Cardano Founder Charles Hoskinson has shared details of a week-long trip to Washington D.C, where he met with US lawmakers to discuss crypto-related policies. In a Youtube video, Hoskinson related his conversations which he says are another step towards changing how regulatory entities view the crypto industry. Crypto Policies in Need of Major Work Charles Hoskinson has reportedly spent the past few days mulling over the best course for regulation. In fairness, Hoskinson has always pushed clarity in government interactions…
3 years ago