Search results for "ADA"

The dormant wallet has started to awaken! Cardano encounters unfavourable information from Trump in the Middle East, causing selling pressure that leads to a significant pullback in ADA profits.

Gate news, on Monday (June 23) during the Asian afternoon session, the price of Cardano (ADA) followed the rebound of the crypto assets market, reported at $0.54, but still failed to fully recover the losses from the weekend. Due to escalating tensions in the Middle East following U.S. President Trump's attack on Iran, selling pressure has led to a significant pullback in ADA profits.
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With the rise of on-chain indicators, Cardano is experiencing strong momentum.

Gate News bot message, the Cardano (ADA) ecosystem continues to steadily rise. Currently, the platform has 2004 active projects, of which 820 focus on non-NFT applications and 1184 are NFT-centric.
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Cardano founder Hoskinson promised to release an audit report in response to allegations of misappropriation of ADA funds.

According to Gate News bot, Cointelegraph reported that in response to community concerns about the use of approximately $600 million in ADA funds, Cardano founder Charles Hoskinson announced that an audit report will be released for clarification. The questioning mainly focuses on a transfer of 318 million ADA (currently valued at about $229 million) that occurred during the Allegra hard fork in 2021. NFT artist Masato Alexander raised allegations that Hoskinson used the genesis key to tamper with the ledger. In response, Hoskinson denied this, stating that most of the tokens had been redeemed by the original purchasers, and the remaining portion had been transferred to Intersect as a donation.
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The founder of Cardano denied the allegations of misappropriating $600 million in ADA and promised to release an audit report.

Cardano founder Charles Hoskinson responded to the allegations of ADA token misappropriation, promising to release an audit report. The controversial transfer involving 318 million ADA has been redeemed or donated. He feels hurt by the community's distrust and is considering handing over the management of social media accounts.
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Cardano founder reveals plans to launch a privacy stablecoin

Gate.io News bot message, DL News reported that Cardano founder Charles Hoskinson announced in a podcast that the team is developing a stablecoin with privacy features. This stablecoin aims to achieve cash-like anonymous payment capabilities. Hoskinson emphasized that transactions of stablecoins in the current market can be tracked on-chain. Cardano plans to meet AML regulations while ensuring user privacy through a "selective disclosure" mechanism.
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Trader Eugene: Start LongADA and SOL

BlockBeats news, on March 4th, top trader Eugene Ng Ah Sio stated, "Starting Long ADA and SOL - for reserve coins, this seems to be a good return position."
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Citigroup: The possibility of the United States establishing an encryption strategic reserve has increased significantly, but more details are needed

A Citibank research report pointed out that after Trump included XRP, SOL, ADA, BTC, and ETH in the encryption strategic reserve, the possibility of the United States establishing an encryption strategic reserve increased. Analysts believe this will enhance the legitimacy of digital assets. The US government currently holds about $19 billion Cryptocurrency, mainly BTC. Citi pointed out that clear selection criteria will provide more support.
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Cardano founder: ADA may need to be renamed to "American digital asset"

Odaily Planet Daily News Cardano founder Charles Hoskinson responded to the community's 'ADA has gone live in the U.S.' on the X platform, suggesting that this may mean renaming ADA as 'America's digital asset (Americas Digital Asset).' Earlier news, Trump posted on social media, stating that he had instructed the President's Working Group to advance a strategic reserve of cryptocurrencies including XRP, SOL, and ADA.
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Analyst Eugene: Currently it is uncertain whether the market is bullish rebound or bearish adjustment, follow the direction after March 7th

Analyst Eugene, who holds a large number of long positions, has closed most of the positions, believing that longs will dominate when the prices of BTC and Solana reach a certain level, but the current market is neutral. It is expected that both long and short positions will have risks in the short term, and cautious operation is recommended. Doubts about Trump's push for related legislation, and plans to make decisions based on market conditions after March 7. Tangent denies any improper behavior by Eugene.
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Bitcoin market capitalization quickly pumped to 7th place in the global asset ranking, Cardano climbed 386 places to 591st place

Golden Finance reported that, according to 8Marketcap data, BTCMarket Cap quickly reached 2.085 trillion US dollars, with a 24-hour pump of 8.85%, surpassing silver, Saudi Aramco, and Vanguard Total Stock Market ETF to rise to the 7th place in the global asset ranking, while Cardano climbed 386 places to reach 391.6 billion US dollars, rising to 591st place, with a 24-hour pump of 68.69%.
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ADA's 24-hour increase exceeds 70%, and its market capitalization ranking has risen to eighth.

PANews reported on March 3rd that Cardano (ADA) is now trading at $1.12, with a 24-hour increase of 70.3%. In addition, the ADA market capitalization has increased to $40.2 billion, making it the eighth largest cryptocurrency by market capitalization. Earlier yesterday, news came that Trump instructed the President's Working Group to advance a strategic reserve of Cryptocurrency including XRP, SOL, and ADA.
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Bloomberg analysts raised the approval probability of Spot XRP, DOGE, and Cardano ETF to 90%.

According to a report by Golden Finance, market news indicates that Bloomberg analysts have raised the approval probability of Spot XRP, DOGE, and Cardano ETF to 90%.
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Cardano founder proposes to restructure $100 million ADA reserve for enhancing Decentralized Finance ecosystem.

Gate News bot message, according to CoinDesk, Cardano founder Charles Hoskinson proposed a reserve reorganization plan. He suggested converting $100 million in ADA reserves into Bitcoin and Cardano's native stablecoins USDM and USDA, aiming to strengthen the Decentralized Finance and stablecoin ecosystem. Hoskinson pointed out that this conversion operation will not cause drastic fluctuations in market prices. He also mentioned that currently only 10% of the TVL in stablecoin issuance "is strangling Cardano." Data shows that the total TVL on the Cardano chain is $356 million, with the stablecoin portion accounting for only $31 million. Source: CoinDesk
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Helius Labs CEO rebuts Cardano founder's criticism of Ethereum.

Gate.io News bot, according to Wu Shu, in response to Cardano founder Charles Hoskinson's claim that "Ethereum will not survive for 10 years", Helius Labs CEO Mert made a public response. In response, Mert noted: "As much as I don't like some (not all) parts of ETH, it's still not an absolute fog (only concept and no substance)". At the same time, he advised Hoskinson to "criticize ETH after competing 10% with ETH on a single metric".
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Helius CEO responds to Cardano founder's statement that Ethereum won't survive for 10 years: suggests achieving 10% competitiveness before criticizing

On April 25, Helius Labs CEO Mert responded to Cardano founder Charles Hoskinson's statement that Ethereum would not survive for 10 years. Mert stated: Although I dislike certain aspects of ETH (not all), it is still not absolute vaporware (only a concept without substance), and suggested that Hoskinson should compete with ETH on a single metric for 10% before criticizing ETH.
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Cardano founder responds to not being invited by the White House: No need to make a deal with Trump.

The founder of Cardano stated that he is not concerned about not being invited to the White House crypto roundtable, emphasizing that there is no need for a Trump transaction. He pointed out that political attention is usually focused on projects with high market capitalization, but this does not affect Cardano's focus on technology and Decentralization. The company chooses to develop steadily to earn long-term trust, not relying on short-term political cooperation.
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David Sacks: The reason why ADA, SOL, and XRP are mentioned in the encryption reserve is because they are among the top five in Market Cap ranking

Odaily Planet Daily News David Sacks said that ADA, SOL, and XRP are mentioned in the encryption reserves because these Cryptocurrencies rank in the top five in market capitalization.
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Cardano Foundation collaborates with SERPRO to introduce Blockchain into Brazilian government infrastructure

Odaily Planet Daily News Cardano Foundation announced a partnership with SERPRO, the world's largest state-owned IT company, to promote the application of the Cardano blockchain in the Brazilian government's infrastructure. The collaboration aims to enhance the security, transparency, and digital service efficiency of government systems.
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In the past 24 hours, the Spot Inflow/Outflow Ranking: XRP net inflow of 20,560,000 US dollars

BlockBeats news, on March 7, according to Coinglass data, in the past 24 hours, the net inflow ranking of encryption Spot funds is as follows: APEX net inflow of 29.4189 billion US dollars; XRP net inflow of 20.56 million US dollars; ETH net inflow of 12.55 million US dollars. The net outflow ranking of encryption Spot funds is as follows: USDC net outflow of 136 million US dollars; USDT net outflow of 50.73 million US dollars; ADA net outflow of 48.69 million US dollars.
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Grayscale Smart Contract Fund released the latest Holdings information, with SOL, ETH, and ADA as the top three weights

Odaily Planet Daily News Grayscale Smart Contract Fund released the latest Holdings information, including Ethereum (31.22%), Solana (31.30%), Cardano (18.23%), Avalanche, SUI, Near and
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Whale bought over 130 million ADA in the past 72 hours

Golden Finance reported that on-chain analyst Ali wrote on X, stating that in the past 72 hours, Whales bought more than 130 million ADA.
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Copper will provide cryptocurrency custody services for Fineqia's Cryptocurrency ETN

Fineqia AG and Cryptocurrency custodian Copper have partnered to enhance the reliability and transparency of the ETN business. Under the new protocol, Copper will safeguard the underlying assets held by Fineqia's ETNs, including the Fineqia FTSE Cardano Enhanced Yield ETN, with over $45 million in assets under management.
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Norway unexpectedly lowered the Benchmark Interest Rate, and further rate cuts may occur this year.

Gate News bot reported that, according to Bloomberg, the Central Bank of Norway unexpectedly announced a cut in borrowing costs for the first time since the pandemic and stated that there may be further rate cuts this year. The Norwegian krone fell in response. On Thursday, the Central Bank of Norway lowered its key deposit interest rate by a quarter of a percentage point to 4.25%, catching all economists surveyed by Bloomberg off guard, as none of them expected a change in rates. Officials indicated that if economic development roughly aligns with current forecasts, the policy rate will be further lowered in 2025.
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The Cardano Foundation has launched the verifiable infrastructure Originate.

Odaily News Cardano Foundation announced the launch of Originate, which is an Open Source Traceability infrastructure designed to verify the authenticity of products and support industry verification. This solution simplifies the product and industry certification verification process through an integrated system that centrally manages inventory, data, and processes.
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Cardano supports integration with Unreal Engine, unlocking blockchain features within the game.

Gate News bot message, thanks to the newly released plugin on GitHub, the Cardano Blockchain is now interoperable with Unreal Engine 4 and 5. This allows Cardano to integrate into the real-time gaming environment of Unreal Engine. This integration will unlock some key features, including: on-chain assets in a 3D world: this enables blockchain-based assets to be seamlessly integrated into interactive virtual environments; in-game trading markets: this integration will allow the creation of decentralized Web3 game trading markets, making it easy for players to trade in-game items directly within the game; token-gated experiences: providing exclusive access to specific game features or areas, secured by blockchain tokens. Native wallet interaction: providing users with direct wallet functionality, simplifying transactions and asset management.
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The SEC of the US will postpone its decision on the Grayscale Avalanche and Cardano ETF until July.

Gate News bot news, the SEC has postponed its decision on Grayscale's applications for Avalanche and Cardano Spot ETF, extending the review period to July 15, 2025. During this period, the public comment period will remain open, and the SEC is actively seeking feedback on the applications.
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Data: Whale Address bought over 180 million ADA in a week.

According to Jinse Finance, on-chain analyst Ali (@alicharts) monitored that in the past week, large investors have accumulated purchases of over 180 million ADA tokens.
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Cardano founder: Midnight will airdrop tokens to 37 million users on 8 blockchains.

Charles Hoskinson, the founder of Cardano, announced the details of the Glacier Drop Airdrop plan for the privacy sidechain Midnight at the Consensus 2025 conference. The plan will airdrop NIGHT governance tokens and DUST shielded transaction tokens to approximately 37 million users across 8 major Blockchains, targeting only retail investors and not reserved for venture capital firms. The project is currently in the Testnet phase and plans to launch the Mainnet by the end of 2025.
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Cardano founder announces Midnight privacy sidechains Airdrop plan, covering 37 million users

According to the Gate.io News bot and CoinDesk, at the Consensus 2025 conference, Cardano founder Charles Hoskinson announced the "Glacier Drop" airdrop plan for the privacy sidechain project Midnight. The plan will distribute NIGHT and DUST tokens to 37 million users across 8 mainstream public chains and explicitly states that no allocations will be made to venture capital firms. Hoskinson introduced the "Collaborative Economics" model at the conference, which allows users to make payments using cross-chain assets such as ETH and SOL, and participate in validation revenue sharing. The Midnight testnet is already up and running, with the mainnet planned to officially launch by the end of 2025.
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Cardano founder reveals details of the "Glacier Drop" Airdrop plan for the privacy sidechains Midnight.

PANews May 15 news, according to CoinDesk, Cardano founder Charles Hoskinson announced the details of the "Glacier Drop" Airdrop plan for the privacy sidechain Midnight at the Consensus 2025 conference. The plan will distribute the governance token NIGHT and the privacy token DUST to 37 million users across 8 mainstream public chains, explicitly excluding shares for venture capital institutions, with all tokens directed to ordinary users. Hoskinson also proposed a "cooperative economics" model, allowing developers to use native tokens such as ETH and SOL to pay for cross-chain application fees, and validators can also collaborate across chains to earn revenue. The Midnight Testnet has been launched, with the Mainnet expected to start at the end of 2025. This Airdrop is seen as a strategic move to alleviate industry fragmentation and respond to the entry of tech giants.
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Cardano founder: The three structural flaws of Ethereum may lead to its inability to survive in the next 10-15 years.

Cardano founder Charles Hoskinson raised doubts about the future of Ethereum, suggesting that it has structural flaws that may prevent it from surviving for 10 to 15 years. Although Ethereum has the highest total locked value, there are issues with its economic model, Virtual Machine design, and Consensus Mechanism. Layer 2 solutions have been criticized as "parasitic systems" that do not address the core scaling problem. (Source: Cryptopotato)
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The Cardano Foundation launched the digital identity platform Veridian.

Odaily News Cardano Foundation has launched the digital identity platform Veridian, which uses Open Source tools to verify identity and validate online communications. Alongside this new product, the Veridian Wallet has been launched, allowing users to manage their credentials, Private Key, and identifiers. (The Block)
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Interactive Brokers has added trading services for four crypto assets: Solana, Cardano, XRP and Dogecoin.

Interactive Brokers announced the addition of trading services for four new crypto assets: Solana, Cardano, XRP, and Dogecoin, expanding customers' flexibility in crypto asset allocation. These coins were previously mentioned by Trump, although the executive order only covered Bitcoin. The service is provided through Zero Hash and Paxos, and Interactive Brokers had previously supported BTC, ETH, LTC, and BCH.
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Interactive Brokers has added support for SOL, ADA, XRP, and DOGE trading services.

Odaily News Online brokerage Interactive Brokers announced that it has added trading services for Solana (SOL), Cardano (ADA), Ripple (XRP), and Dogecoin (DOGE) on its trading platform. Users can trade these encryption assets on the same platform used for stocks, Options, futures, forex, bonds, and mutual funds. Previously, the platform supported BTC, ETH, LTC, and
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Hoskinson family office invests $1.5 million to support the development of Cardano-compliant stablecoin USDM

The Hoskinson family office has invested $1.5 million in W3i Software to support the development of Cardano's first stablecoin USDM that complies with the EU's MiCA regulations. The digital dollar solution is aimed at providing stable, transparent, and compliant support for Cardano. The Chief Investment Officer of HFO will work with the W3i team to promote the adoption of USDM in traditional banks and government systems worldwide, while W3i has also initiated a community Crowdfunding campaign.
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Cardano founder: unaware of ADA's potential as a reserve asset for encryption in the United States

Cardano founder Charles Hoskinson has no knowledge of the Trump team's inclusion of ADA in reserves, stating that he has not received any related invitation. He said in an interview that he is completely unaware of the matter and did not participate in the White House Cryptocurrency Summit.
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Swedish digital asset management company Virtune launches Avalanche and Cardano encrypted ETP

Golden Finance reported that the Swedish digital asset management company Virtune announced the launch of two encryption exchange products on Nasdaq Helsinki, namely Virtune Avalanche ETP and Virtune Staked Cardano.
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Is the altcoin season coming? Experts warn that Cardano will transfer $100 million in BTC funds.

Gate News bot message, Bitwise's Alpha Strategy Director Jeff Park and Blockstream founder Adam Back stated that the industry may be affected by the Bitcoin (BTC) treasury bond craze.
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In the past 48 hours, whales have purchased over 120 million ADA.

According to a report from Jinse Finance, on-chain analyst @alicharts has monitored that in the past 48 hours, whales have purchased over 120 million ADA.
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The founder of Cardano launched the Bitcoin DeFi protocol Cardinal on Cardano.

The founder of Cardano, Charles Hoskinson, has launched the first Bitcoin DeFi protocol Cardinal, utilizing MuSig2 technology to achieve cross-chain functionality, supporting Bitcoin users in lending and staking on the Cardano blockchain, and allowing the use of Ordinals inscriptions as collateral, compatible with multiple public chains.
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The Brave browser will integrate the Cardano Blockchain into its built-in Multichain Wallet.

PANews May 13 news, according to an official announcement from Brave, Brave has reached a cooperation with Input Output (IO) to integrate the Cardano Blockchain into the built-in Multichain Wallet of the Brave browser. After the update is launched, users can directly access Cardano through the Brave Wallet, manage native assets such as NIGHT, participate in governance, and exchange Tokens.
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Brave browser announces that its native Wallet will soon support Cardano.

BlockBeats news, on May 13, according to CoinDesk, the Brave browser announced that its native Wallet will soon support the Cardano (ADA) Blockchain, allowing users to send, receive, and exchange ADA and Cardano native assets directly within the browser without relying on third-party extensions. This integration is part of Brave's multi-chain functionality expansion, and the Wallet already supports Ethereum and Solana.
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Messari releases Cardano Q4 2024 report: strong performance, Market Caprise127%

Cardano achieved a significant rise in the fourth quarter of 2024, with ADA market capitalization rising by 127% compared to the previous period, Decentralized Finance TVL rising by 94%, and Stable Coin Market Cap rising by 66%. Daily volume increased by 65%, Cardano introduced the Ouroboros Peras update, compatible with Hydra and Mithril, ADA price pumped by 126% to $0.84, market ranking rose to 9th place.
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Cardano founder criticizes the US Agency for International Development for funding projects with incorrect descriptions of BTC

Odaily Planet Daily News Charles Hoskinson, the founder of Cardano, criticized the project funded by the US Agency for International Development (USAID) for portraying BTC as a form of far-right extremism. Hoskinson at X
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Cardano compliance stablecoin USDM has reached a partnership with Lace Wallet.

Gate News bot reported that Cardano's compliant fiat stablecoin USDM has reached a cooperation with Lace Wallet, aiming to expand its business scope and improve the on-chain availability of USDM. First, USDM will be automatically included in Lace Wallet's token directory, providing holders with native support within the wallet. In addition, the partnership will also provide in-wallet exchange integration between ADA and USDM and is expected to offer staking rewards. Lace Wallet's partnership with USDM will enable holders to use the stablecoin in Cardano's native DeFi applications. In addition, as Cardano gradually expands its Bitcoin DeFi business, USDM issuers are also committed to playing a greater role in the ecosystem.
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Bitcoin Ordinals can now be bridged to Cardano via BitVMX

According to the Gate News bot, Cardano continues to improve its capabilities as a Bitcoin DeFi (BTCFi) platform and facilitate the transfer of Ordinals to its mainnet. The on-chain transaction between Bitcoin and Cardano is facilitated by BitVMX, an interoperability protocol built using the BitVM programming language. Cardano Development Company Input | Output (IO) said in an email announcement that the bridge represents a "preview of what's to come" and that its ultimate goal is to achieve full integration of Bitcoin with Cardano, provide DeFi services to BTC users, and unlock huge amounts of liquidity from Bitcoin's stored value. To this end, IO has developed the "Cardinal" protocol, which leverages BitVMX to distribute Bitcoin's native assets to addresses on Cardano.
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Whales have sold more than 100 million ADAs in the past week

According to Golden Finance, on-chain analyst Ali Yu X posted that whales are cashing out, selling more than 100 million ADAs in the past week.
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Whale, which shorted XRP against the trend with 20x leverage, has lost more than $4.6 million

BlockBeats news, on March 3rd, according to Lookonchain monitoring, after the news that "Trump will promote a strategic reserve including XRP, SOL, and ADA encryption," a certain Whale hastily closed its XRP short positions and added 8 million USDC Margin to avoid forced liquidation. The Whale shorted XRP with 20 times leverage, with a floating loss of over 4.6 million dollars.
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Market news: Trump instructs the Presidential Working Group to advance the strategic reserve of Cryptocurrency, including XRP, SOL, and ADA.

PANews March 2nd news, according to market sources, Trump stated that his digital asset executive order instructs the President's Working Group to advance a strategic reserve of Cryptocurrency including XRP, SOL, and ADA. Trump also stated that he will ensure that the United States becomes the capital of the world's Cryptocurrency, making America great again.
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Data: Whales have increased their holdings of about 130 million ADA in the past three days

According to on-chain analyst Ali, the whale has purchased about 130 million ADA tokens in the past 72 hours.
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