Cardano dApp Archives - Page 2 of 2

Cardano Price: Bearish Sentiment But Bullish Potential

5Apr

By CryptolifedigitalNo Comments

Cardano

Cardano Price: Bearish Sentiment But Bullish Potential

Cardano (ADA), along with most other cryptocurrencies, has felt the sting of Bitcoin's recent slump. ADA's price dropped over 12% in the last week and 3% in the last day, currently trading around $0.57. This has led to bearish market sentiment, reflected in declining weighted sentiment on Santiment. However, there's a glimmer of hope for ADA bulls. Cardano Dapp Analyst points out that historically, ADA took 90 days to follow Bitcoin's previous all-time high (ATH). With Bitcoin reaching a new ATH just days ago, a similar trend could see ADA initiate a bull run soon. Read Also: Pepe Coin Consolidates After Price Dip, Eyes Gains Before Bitcoin Halving On-chain metrics also offer some bullish signals. The MVRV ratio, currently at -23.6%, often precedes trend reversals. Additionally, t...

Cardano Community Falls for April Fool’s Prank, But Elon Musk Joins the Fun with Disney Joke

2Apr

By OLAJIDE SAMUELNo Comments

Cardano

Cardano Community Falls for April Fool’s Prank, But Elon Musk Joins the Fun with Disney Joke

Cardano enthusiasts were briefly thrown into a frenzy on April 1st after a community-driven account, Cardano Feed, shared a seemingly innocuous screenshot. The image suggested tech mogul Elon Musk had begun following their account, sparking speculation of a potential endorsement for Cardano's ADA token. Read Also: Xumm Ends XRP Burn for XAH Minting on Xahau Sidechain https://twitter.com/CardanoFeed/status/1774725933989048470 Comments flooded social media, with users expressing excitement at the prospect of Musk's influence. Some saw it as validation for Cardano, while others even entertained the idea of Musk shifting his focus from Dogecoin (DOGE) to ADA. However, the jubilation was short-lived. The reveal came swiftly - the screenshot was a clever April Fool's Day prank by Car...

Cardano’s Impressive Performances Spark Enthusiasm for 2024 Amidst Market Predictions

27Nov

By Adaralegbe Tosin MNo Comments

Cardano

Cardano’s Impressive Performances Spark Enthusiasm for 2024 Amidst Market Predictions

Cardano (ADA), the eighth-largest cryptocurrency by market capitalization, has been turning heads with notable performances, fueling anticipation for potential growth in 2024. Recent data from CoinGecko, a prominent cryptocurrency tracker, reveals bullish trends for ADA, showcasing a 30.2% increase in the past month and a substantial 21.9% rise compared to the previous year. With 2023 drawing to a close, many crypto enthusiasts are eyeing 2024 as the year for a potential explosive surge in Cardano's price. Seeking insights into this forecast, we turned to ChatGPT, an artificial intelligence chatbot known for its applications in various fields, including the evolving crypto sphere. Read Also: TerraClassicUSD (USTC) Experiences Meteoric Surge, Market Capitalization Skyrockets to $571 M...

Charles Hoskinson Weighs In on ETHGate Controversy, Challenges Corruption Claims, and Highlights Need for Transparency in SEC

12Oct

By Daniel AbangNo Comments

Cardano

Charles Hoskinson Weighs In on ETHGate Controversy, Challenges Corruption Claims, and Highlights Need for Transparency in SEC

Charles Hoskinson, founder of Cardano and co-founder of Ethereum, recently shared his insights on the ongoing ETHGate controversy during a recent Ask-Me-Anything (AMA) session. In doing so, he challenged the prevailing claims of corruption surrounding the Ethereum project and highlighted the need for transparency in the regulatory landscape. Hoskinson's analysis provides a thought-provoking perspective on the cryptocurrency industry's relationship with regulatory agencies, particularly the U.S. Securities and Exchange Commission (SEC). Read Also: Opportunity for Crypto Community to Invest in Ripple's Pre-IPO Shares Reopens on Linqto Platform https://twitter.com/NerdNationUnbox/status/1711766983304270088 The ETHGate controversy centres around allegations that the Ethereum team may ...

Cardano Demonstrates Strong Development Amid Bearish Crypto Market Outlook

16Aug

By OLAJIDE SAMUEL1 Comment

Cardano

Cardano Demonstrates Strong Development Amid Bearish Crypto Market Outlook

Amid a turbulent and bearish outlook in the crypto market, Cardano has emerged as a shining example of resilience and progress. The blockchain development team has displayed unwavering commitment, as evidenced by a series of impactful actions that have propelled the platform forward. Cardano ranks up to the top 10 crypto assets Notably, Cardano has garnered attention by earning a prominent rank on the list of blockchains exhibiting the most substantial surge in development activity over the past month. This information was brought to light by Santiment, a highly regarded crypto analytics platform. Santiment took to social media to share their findings, revealing that Cardano has secured the third spot in this ranking, trailing only Polkadot (DOT) and Kusama Network (KSM). Read Also: B...

Vitalik Buterin Reveals Concerns about ETH Staking Protocol, Cardano’s Charles Hoskinson Expresses Amazement

3Jul

By OLAJIDE SAMUELNo Comments

Cardano

Vitalik Buterin Reveals Concerns about ETH Staking Protocol, Cardano’s Charles Hoskinson Expresses Amazement

In a recent episode of the Bankless Podcast, Vitalik Buterin, the lead creator of Ethereum, made a surprising revelation about his approach to staking his ETH holdings. Buterin disclosed that he only takes a small portion of his ETH, citing safety concerns with the Ethereum staking protocol. Buterin Express Half trust on ETH staking, Hoskinson reacts Since its inception in 2015 as a proof-of-work (PoW) network, Ethereum made the transition to a proof-of-stake (PoS) consensus mechanism in 2022. This shift allowed users to stake their native token, ether (ETH), to earn rewards. However, Buterin expressed reservations about fully trusting the ETH staking process due to certain safety issues, particularly the risk of wallet key exposure. Read Also: Shiba Inu (SHIB) Shows Neutral Sentiment...

Cardano Hits Milestones As Two Of The Largest Mobile Communities Offer Users Access To Cardano dApp From their Flint Wallet App

10Aug

By Cryptolifedigital1 Comment

Cardano

Cardano Hits Milestones As Two Of The Largest Mobile Communities Offer Users Access To Cardano dApp From their Flint Wallet App

Flint wallet revealed on its official Twitter handle, that as one of its newest updates, Cardano dApps can now be accessed by Android users using a feature called dApp browser on the app. The app came with a lot of features ranging from the dApp browser, Milkomeda wraps/unwrap and some others. https://twitter.com/FlintWallet/status/1556736108465008640 .blockspare-353002e9-4a58-4 .blockspare-block-container-wrapper{background-color:#f9f9f9;padding-top:20px;padding-right:0px;padding-bottom:20px;padding-left:0px;margin-top:30px;margin-right:0px;margin-bottom:30px;margin-left:0px;border-radius:null}.blockspare-353002e9-4a58-4 .blockspare-image-wrap{background-image:} The Flint wallet stated:“The new Flint update for Android brings several new features. The top one is a dApp browser t...