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…
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HoskinsonCardano’s Hoskinson Reveals Game-Changing Upgrades: Introducing ‘Chang’ and ‘Ouroboros Leios
Charles Hoskinson announces major upgrades for Cardano: ‘Chang’ and ‘Ouroboros Leios’. These upgrades aim to enhance decentralization, scalability, and community-driven governance. Despite facing criticism, Charles Hoskinson, co-founder of Cardano, remains undeterred and optimistic about the platform’s future. He has announced two pivotal upgrades: the ‘Chang’ hard fork, integral to the Voltaire phase of Cardano’s roadmap, and the ‘Ouroboros Leios’ upgrade. The ‘Chang’ hard fork, anticipated in the upcoming quarter, is set to revolutionize Cardano’s network by enhancing decentralization and empowering…
1 year ago
Cardano’s Sustainability Strategy: Founder Charles Hoskinson Outlines Three Key Catalysts for ADA
With the Cardano network having a fixed supply of ADA coins, Hoskinson believes it is axiomatic to scale underlying transactions for stakers to remain profitable. The Cardano network developers are currently working on layer-two scaling solutions to improve its web3 ecosystem. Cardano (ADA), a top-tier layer-one (L1) blockchain with more than $400 million in Total Value Locked (TVL), has remained focused on dethroning Ethereum (ETH) as the web3 hub. Despite the Cardano network trailing in the meme coin industry, the…
1 year ago
Ripple (XRP) Bashed by Forbes: Cardano’s Charles Hoskinson Responds
TL;DR Forbes labeled Ripple’s blockchain as ineffective and its token as purely speculative, questioning its utility and market value. Charles Hoskinson and crypto supporters defended Ripple, making jokes with the media company’s report. Forbes Takes Aim at Ripple (XRP) The global media company Forbes recently published a report called “The Rise of Crypto’s Billion Dollar Zombies,” which touched upon numerous cryptocurrency protocols. It paid special attention to Ripple (the company behind the XRP token) and provided detailed information about its…
1 year ago
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
Hoskinson Says Cardano’s Alonzo HardFork Can Enable Users to Run Smart Contracts
Cardano (ADA) users will run smart contracts on the network once the Blockchain completes its Alonzo Hardfork. That is according to Charles Hoskinson ADA's founder. Mr. Hoskinson revealed the news through a YouTube live stream. The announcement paves the way for Cardano to enter the Smart Contract sector, challenging Ethereum's supremacy in the space. It will come as welcome news for ADA holders and neutrals who've been looking for alternatives besides the Ethereum Network(ETH). A significant gripe against ETH has…
4 years ago