Cardano News

Cardano is a blockchain-based smart contract platform that aims to compete against similar platforms such as Ethereum, Tezos, and EOS, among others, through a more modular, layered protocol that runs on a proof-of-stake consensus algorithm called Ouroboros.

Identifying itself as a third-generation blockchain and cryptocurrency system following Bitcoin and Ethereum, Cardano’s development is quite different from its competitors in that it is heavily informed by theoretical, peer-reviewed research before implementation in software.

Its native cryptocurrency, ADA, is named after Ada Lovelace, a 19th-century writer and mathematician who has been referred to as the world’s first computer programmer.

Cardano’s development is backed by three companies: IOHK, a blockchain R&D company founded by Charles Hoskinson and Jeremy Wood; the Cardano Foundation, a nonprofit dedicated to Cardano adoption and development; and Emurgo, a venture capital firm based in Japan.

Top News

Why is Bitcoin price up today?

Why is XRP price up today?

Missing ‘Bitcoin Millionaire’ and ONFO coin co-creator found dead: Report

Top metaverse property investments suffer massive losses: Report

Bitcoin fragments could become more valuable than full Bitcoins

Bitcoin and most major altcoins are struggling to hold on to their higher levels, indicating that the bears have not given up yet.

Price analysis 5/31: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, SOL, DOT, LTC

Rakesh Upadhyay

2023-05-31T19:50:00+01:00

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The news of a tentative debt ceiling deal bolstered Bitcoin’s price above $28,000, but higher levels continue to attract selling from the bears.

Price analysis 5/29: SPX, DXY, BTC, ETH, BNB, XRP, ADA, DOGE, SOL, MATIC

Rakesh Upadhyay

2023-05-29T20:00:00+01:00

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The recovery in the U.S. stock market seems to have acted as a catalyst for the relief rally in Bitcoin and select altcoins.

Price analysis 5/26: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, SOL, DOT, LTC

Rakesh Upadhyay

2023-05-26T18:52:58+01:00

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Bitcoin and altcoin prices continue to slump, but potential progress on the debt ceiling discussion could possibly produce a price reversal.

Price analysis 5/24: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, SOL, DOT, LTC

Rakesh Upadhyay

2023-05-24T19:22:59+01:00

3857

Bitcoin’s tight-range trading suggests that traders are content to wait for a catalyst to start the next trending move.

Price analysis 5/22: SPX, DXY, BTC, ETH, BNB, XRP, ADA, DOGE, SOL, MATIC

Rakesh Upadhyay

2023-05-22T17:59:14+01:00

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The recovery in Bitcoin and most major altcoins halted near respective overhead resistance levels, indicating that the bears are active at higher levels.

Price analysis 5/19: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, SOL, DOT, LTC

Rakesh Upadhyay

2023-05-19T21:01:56+01:00

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Bitcoin and most major altcoins are selling off on rallies, proof that investor sentiment remains negative in the short term.

Price analysis 5/17: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, SOL, DOT, LTC

Rakesh Upadhyay

2023-05-17T19:05:00+01:00

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The debt ceiling talks remain in focus and are likely to dictate the price action in the S&P 500, DXY and cryptocurrency markets in the near term.

Price analysis 5/15: SPX, DXY, BTC, ETH, BNB, XRP, ADA, DOGE, SOL, MATIC

Rakesh Upadhyay

2023-05-15T19:11:55+01:00

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