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Cardano (ADA) Price Drops 11% In The Run-Up To ‘Valentine Upgrade’

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If you got no date or nothing to do on Valentine’s Day, Cardano (ADA) is set to keep the excitement up as it rolls out its SECP mainnet upgrade on February 14 at exactly 21:44 UTC.

But first, here’s a quick peek into how Cardano has been performing:

  • Cardano to roll out its SECP or ‘Valentine Upgrade’ on February 14
  • ADA users encouraged to upgrade to the 1.35.5 version to ensure compatibility
  • Coin’s price down 0.52%

Cardano developers just announced via Discord the developments happening on the platform. The SECP mainnet, which is also dubbed as the “Valentine Upgrade” will be happening on February 14.  Read more...

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Cardano (ADA) Maintains Bullish Streak, But How Are Holders Faring?

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Cardano (ADA) continues to see good momentum even after the broader crypto market seems to be slowing down over the last few days. However, despite the action that the altcoin is seeing, holders are not faring well as the vast majority of them are still seeing losses.

The Majority Of Cardano Holders Are In The Red

As data from IntoTheBlock shows, there is currently more than twice the number of those in profits who are seeing losses from their Cardano holdings. This figure puts the large majority of holders in the red region even at a time when more holders of some of the largest coins in the market are more in profit than in loss.  Read more...

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CoinDesk Might Have Cardano Founder Charles Hoskinson As Potential Buyer

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Charles Hoskinson, co-founder of the blockchain network Cardano, is interested in purchasing CoinDesk, DCG’s media arm, despite the company’s current difficulties.

According to Yahoo! Finance, Hoskinson’s reasoning as to why he has shown strong interest in buying up DCG’s media unit is that he believes journalism integrity should be restored. The Cardano co-founder’s interest was made known after CoinDesk announced its exploration of a possible sale.

Hoskinson disclosed in a video livestream in the U.S., last week:

“My interest on the media side is more broad… I would like to figure out how to get to journalistic integrity again.”   Read more...

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Cardano Is The Most Loved Crypto In This Part Of The World, Study Reveals

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The Cardano blockchain and its community have been building a close relationship with Africa, and the results are paying off. According to a report from Coin Kick-off, this cryptocurrency is the most loved in the region.

The report used data from social media platforms and analyzed it with Artificial Intelligence (AI) to rank cryptocurrencies according to users’ sentiments. Coin Kick-off leveraged the cashtag feature on Twitter and matched it with their geotagged location. Over 800,000 Tweets allowed them to build this study.

Cardano ADA ADAUSDT  Read more...

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Dogecoin Vs Cardano, Which Is The Better Investment?

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For crypto investors, it sometimes comes down to choosing between digital assets such as Dogecoin, Cardano, and the over 20,000 other coins in the space to invest in. It eventually comes down to the performance of each cryptocurrency and how much gains they can rack up for investors.

Dogecoin And Cardano: What To Invest In?

To possibly predict the performance of these two cryptocurrencies in the next bull market, looking at their previous performances can be helpful. Now, in the last bull market spanning through 2020-2021, there were impressive rallies from both assets, but Dogecoin had seen more returns.  Read more...

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Cardano Enters Top 10 Most Spent Crypto In Commerce In 2022, Report Claims

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Crypto payments on e-commerce platforms are booming despite market conditions, with Cardano (ADA) and Binance Coin (BNB) entering the top 10 most spend crypto. According to a report from payment processor Coingate, people spent a lot of their crypto in 2022. 

The report gathered data from 2014 and determined that e-commerce shops have received 2.5 million crypto payments during this period. On average, these online shops see around 312,500 crypto payments per year.

In that sense, 2022 set a new record by recording over three times this figure, as seen in the chart below. Online merchants saw 927,294 payments with Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Cardano (ADA), and Binance Coin (BNB) during this period.   Read more...

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Cardano Turns Bullish As Sharks Accumulate $83 Million ADA In 6 Weeks

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Cardano sharks have awoken from their slumber in the last two months. These large ADA wallets began an accumulation trend in early November that has seen them scoop up hundreds of millions worth of tokens in the six-week period. The implications of these on the price of the digital asset could be impactful over time.

Cardano Sharks Grab $ 83 Million

On-chain data aggregator Santiment posted a chart on Twitter that showed the accumulation trend of Cardano sharks. These wallets holding between 10,000 and 100,000 ADA had ramped up their buying starting from Nov. 7 and in the course of six weeks had drastically increased their collective holdings by more than 10%.  Read more...

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Worried About The Future Of Crypto? Here’s What Cardano Founder Thinks

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With the crypto market suffering massive losses this week, there has been more concern about the future of the space. This is not just limited to the price of the digital assets in the market, but rather the collapse of multiple big players in crypto such as Terra in May and now the FTX crypto exchange. However, not everyone is frazzled by recent events and one of those is Cardano founder Charles Hoskinson.  Read more...

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Dogecoin Pushes Down Cardano To Become 8th Largest Crypto

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Data shows Dogecoin has now become the 8th largest crypto by market cap, after displacing Cardano from the spot.

Dogecoin Market Cap Hits More Than $ 15 Million After The Price Surge

The past week has been incredible for DOGE after what had been many months of lackluster sideways performance.

At the time of writing, the memecoin’s price is trading around $ 0.116, up 96% in the last week. Here is a chart that shows the recent trend in the value of the crypto:

Dogecoin Price Chart

The price of the coin seems to have blown up over the last couple of days | Source: DOGEUSD on TradingView  Read more...

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Cardano NFT Volume Hits New ATH Rising Over 300%

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Data shows the total volume of the Cardano-based NFTs has reached a new all-time high after surging up more than 300% in the last ten days.

Cardano Daily NFT Volume Sets New ATH At 4 Million ADA

Ater having remained low for the last few months, the 24 hour volumes on the ADA non-fungible token marketplaces have observed a significant uplift during the past month.

The “trading volume” is a metric that measures the total amount of NFTs being traded in marketplaces on any given day.  Read more...

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Cardano Developer Emurgo Undaunted By Bear Market As It Shells Out $200M In Investments

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The crypto bear market has been brutal, but it has not stopped development in the Cardano ecosystem in any way. The network recently celebrated the completion of its Vasil hard fork, and even though the price of its native token ADA has failed to move in tandem with the development, Cardano developer Emurgo is not discouraged as it reveals a massive fund for developments on the network.

$ 200 Million To Cardano Projects  Read more...

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Cardano Founder Calls Out Ethereum Community, Developers

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The Cardano network has always been a fierce competitor for the Ethereum network. Naturally, this has translated into a prolonged rivalry between the communities of the two blockchains. This time around, though, Cardano founder Charles Hoskinson has also joined in on the banter between the two communities, coming directly from the Ethereum community and the developers who work on the blockchain.

Cardano Founder Addressing The Ethereum Community  Read more...

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Charles Hoskinson Announces New Timeline For Cardano Hard Fork, Price Pump Incoming?

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Cardano has been moving towards the Vasil hard fork for a couple of months now, and with two postponements already, there are concerns about when the upgrade may take place. Founder Charles Hoskinson and  IOG, the developer behind Cardano, have been keeping the community updated on bugs and estimated time of delivery. In a new video, the founder said that the Vasil hard fork was likely to happen in September.

Vasil Hard Fork Is Coming  Read more...

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Cardano Founder Charles Hoskinson Defends Tornado Cash Developers

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Tornado Cash is a crypto mixer that recently came under sanction from the United States government. The reasoning given for this was the fact that it was a protocol used by criminals to hide the origins of their funds. Most notably used by South Korean hackers who have stolen millions of dollars in hacks over the last few years.

It was recently made public that the Dutch authorities had apprehended a man who was believed to be one of the developers of Tornado Cash. As the case carries on, some have spoken out in defense of the developers, and one of those is Cardano founder Charles Hoskinson.  Read more...

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Cardano Testnet “Catastrophically” Broken? Hoskinson Replies

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There has been a lot of controversy in the Cardano community as the network approaches a major milestone. This blockchain has been preparing to deploy an update via a Hard Fork Combinator (HFC) event called “Vasil”, but there has been some disagreement between the community and the lead developer, Input Output Global (IOG).

“Vasil” will introduce network performance on Cardano that is set to improve its ecosystem and potentially expand its decentralized finance (DeFi) sector. However, the HFC event has been pushed back on several occasions causing frustration in some sectors of the community.  Read more...

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Cardano Founder Explains Reasons Behind Vasil Delay, But Is This The Last Time?

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The Cardano Vasil hard fork has now experienced its second delay in the last two months. This upgrade is important to the network’s growth, and as always, Cardano developers continue to stay true to form by only shipping out safe products. The second delay was announced at the end of July, and founder Charles Hoskinson has made a video explaining what was behind the delay and what is expected for Vasil hard fork going forward.

Delay Was Caused By Bugs  Read more...

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Cardano Investors Unmoved By Market Rally As Price Predictions Remain Conservative

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Cardano has been one of the networks that have garnered a good following over the last couple of years. The network’s launch of smart contract capabilities had propelled it further into the limelight, strengthening its community in the process. However, despite the growth that the network has recorded in the last few years, it has suffered massive crashes, and this seems to have gotten to the community given their prediction for ADA’s future value.

Not Much Growth Is Expected  Read more...

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Cardano partner EMURGO announces blockchain explorer Seiza

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Cardano partner EMURGO announces blockchain explorer Seiza
EMURGO, the official commercial arm of Cardano – the first 3rd generation blockchain to grow out of a research-first driven approach –, announced at the IOHK Summit the upcoming release of Cardano blockchain explorer Seiza. Seiza will have more features than any other blockchain explorer, said a pre…

The post Cardano partner EMURGO announces blockchain explorer Seiza appeared first on CoinReport.

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Yahoo Finance Bumps Cardano Creator for More Lyft IPO Coverage

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Charles Hoskinson, the co-creator of both Cardano (ADA) and Ethereum (ETH), had a humbling Friday in New York City. The journeyman traveler, who commonly documents his trips around the world on social media, was all set to go live for an interview with Yahoo Finance, as part of a larger NYC media tour. However, Hoskinson […]
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